Business

Friday, February 13, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Business

During the meeting, both sides discussed cooperation between the two friendly countries, particularly in the commercial and investment fields, as well as ways to enhance collaboration in agriculture and food security.

Qatar Chamber discusses expanding trade, economic cooperation with Tanzania

Qatar Chamber hosted on Thursday a trade delegation from the Republic of Tanzania, led by Director of Business Development at Tanzania Agricultural Development Bank (TADB), Afia Mwanahamisi Siggi and Senior Investment Officer at the Tanzania Investment and Special Economic Zones Authority (TISEZA), Juma Ally Nzima.During the meeting, both sides discussed cooperation between the two friendly countries, particularly in the commercial and investment fields, as well as ways to enhance collaboration in agriculture and food security.The delegation was received by Abdulrahman bin Abdullah al-Ansari and Mohammed bin Ahmed al-Obaidli, board members of the Chamber.Speaking at the meeting, al-Ansari stated that the Qatari market welcomes Tanzanian products, especially in the food sector, noting that the Chamber is keen to strengthen cooperation between the private sectors of both countries in a manner that enhances trade exchange.Al-Obaidli stressed that there are broad investment opportunities in the African continent in general and in Tanzania in particular. He noted that the trade balance is tilted in favour of Tanzania, as Qatari imports from Tanzania in 2024 exceeded QR126 mn, most of which consisted of meat products, compared to Qatari exports to Tanzania, which amounted to QR69mn.Siggi said that the Tanzanian delegation's visit aims to strengthen trade relations between the two countries, promote Tanzanian products in the Qatari market, and invite Qatari investors to explore investment opportunities in Tanzania.

Nakilat board outlines future roadmap before shareholders at the annual general assembly.

Construction of gas carriers begins; first vessel to be delivered by year-end: Nakilat

Construction of gas carriers has commenced at various shipyards in South Korea and China, bringing the total number of vessels to be built to 40 ships of varying sizes, with the first vessel scheduled for delivery by the end of the year."This move represents not merely an expansion in fleet capacity; rather it also embodies the company’s strategic focus on fleet modernisation and the enhancement of its operational capabilities, thereby supporting the development of a reliable, safe, and environmentally responsible LNG (liquefied natural gas) shipping network," Nakilat chairman Abdulaziz Jassim al-Muftah told shareholders at the annual general assembly, which approved 2025 results and the cash dividend.He said Nakilat is currently transitioning from planning to execution of its fleet expansion programme through the construction of next-generation vessels incorporating state-of-the-art technologies to enhance efficiency and meet sustainability requirements.Nakilat chief executive officer Abdullah al-Sulaiti, in the board report, said "we will deliver the first of our new builds, further embed safety and sustainability in our operations, and continue to grow with our customers."Despite the evolving regulatory landscape and operational pressures faced by the industry, he said Nakilat is well prepared to respond with agility and resilience."Together, we will build the next chapter of Nakilat’s legacy, one defined by leadership, innovation, and responsible growth," according to him.In 2025, Nakilat made substantial progress across its operations and strategic growth initiatives. A key milestone was the steel-cutting and keel-laying ceremonies marking the commencement of construction for 25 LNG vessels: 17 LNG carriers at Hyundai Heavy Industries (HHI) Shipyard, and eight LNG carriers at Hanwha Ocean Shipyard, South Korea and nine QC-Max LNG Vessels to be constructed at Hudong-Zhonghua Shipyards, China.These vessels, which are fully-owned by Nakilat, will be chartered under long-term agreements with QatarEnergy affiliates, supporting QatarEnergy’s historic LNG fleet expansion and strengthening the company’s role in global energy security.In parallel, Nakilat commenced the construction of six additional vessels at HD Hyundai Samho Heavy Industries (HSHI) Shipyard in South Korea, including two LNG carriers and four LPG/ammonia vessels, all of which will be owned by Nakilat.Keel-laying for three LNG vessels at Korean shipyards was successfully completed this year, marking important progress in its fleet expansion programme."In a year marked by shifting market dynamics and rising operational demands across the maritime sector, the company maintained robust financial stability supported by prudent financial stewardship and efficient fleet operations," al-Muftah said.