Business

Monday, August 17, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Business

Gulf Times

Real estate trading volume exceeds QAR 1.8 Billion in July

The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in July 2026 amounted to QAR 1,859,383,090.Data from the real estate analytical bulletin issued by the Ministry of Justice revealed that ,485 real estate transactions were recorded during the month.The municipalities of Doha, Al Rayyan, and Al Dhaayen topped the list for the most active transactions in terms of financial value, according to the real estate market index, followed by Al Wakrah, Umm Salal, Al Khor&Al Dhakira, Al Shamal, and Al Shahaniyah.The real estate market index for July 2026 showed that the financial value of transactions in Doha municipality amounted to QAR 763,844,226.In Al Rayyan, the financial values of transactions was QAR 461,427,789, while in Al Dhaayen it was QAR 230,302,596.Transactions in Al Wakrah recorded QAR 171,137,396, Umm Salal amounted to QAR 126,135,920, Al Khor and Al Dhakira recorded QAR 71,606,407, while Al Shamal recorded QAR 33,828,756, and Al Shahaniyah QAR 1.1 million.In terms of the traded area index, indicators revealed that Doha, Al Rayyan, and Al Wakrah municipalities were the most active in terms of traded real estate areas during July 2026: Al Rayyan 27 percent, followed by Doha 24 percent, and Al Wakrah 17 percent. Al Dhaayen recorded 12 percent, Umm Salal 10 percent followed by Al Khor and Al Dhakira with 6 percent, and Al Shamal 3 percent, of the total traded areas.Concerning the index of the number of real estate transactions (sold properties), trading indices revealed that the most active municipalities during July were Doha 28 percent, Al Rayyan with 20 percent, followed by Al Dhaayen with 18 percent, Al Wakrah with 15 percent, Umm Salal 9 percent, Al Khor and Al Dhakira 6 percent and Al Shamal 4 percent of the total real estate transactions.An average per square foot prices for July ranged between (447-929) in Doha, (243-486) in Al Wakrah, (347-462) in Al Rayyan, (336-423) in Umm Salal, (340-642) in Al Dhaayen, (240-384) in Al Khor and Al Dhakira, (260-464) in Al Shamal and Al Shahaniyah (169).The trading volume revealed the highest value of 10 properties sold in July were in Doha (six) properties, Al Rayyan (three) properties and Al Wakrah (one) property.As for the volume of mortgage transactions in July, the number of transactions amounted to 212, with a total value of QAR 4,965,602,610.Al Rayyan recorded the highest number of mortgage transactions with 105 transactions, equivalent to 49.5 percent of the total number of mortgaged properties, followed by Doha with 61 transactions, equivalent to 28.8 percent of the total number of mortgaged properties, and Al Khor and Al Dhakiral with 12 transactions equivalent to 5.7 percent of the total number of mortgaged properties, then Al Dhaayen and Al Wakrah with 11 transactions each, equivalent to 5.2 percent, followed by Umm Salal with 10 transactions, equivalent to 4.7 percent, then Shahaniyah with two transaction equivalent 0.9 percent.As to the value of mortgages, the municipality of Doha came in the lead with a value of QAR 3,153,496,717, with Al Shahaniyah recording the lowest value of QAR 2.4 million.As for residential units, their trading movement during July recorded 114 deals with a total value of QAR 197,755,279.This data confirms the continued strong growth of the Qatari real estate sector in various investment and commercial fields, thanks to the new decisions related to real estate brokerage, real estate registration and documentation, ownership and usufruct, in addition to the laws that attract local and foreign capital, which enhances its position as one of the most important components of the national economy.

Gulf Times

Oil climbs over $1 on tanker attacks; no progress on peace

OilCrude oil futures climbed over $1 a barrel on Friday amid tanker attacks and a lack of progress on a peace agreement between the Trump administration and Iran's leadership.Brent crude futures settled at $88.52 a barrel, and US West Texas Intermediate (WTI) crude finished at $82.40 a barrel. For the week, Brent rose 5.9%, while WTI rose 5.4%.Two vessels from the state-owned Abu Dhabi National Oil Company were attacked while transiting the Strait on Thursday, the United Arab Emirates' state news agency said, an incident the UAE government condemned as an Iranian attack.On Thursday, the US administration said said it could maintain a naval blockade of Iran indefinitely and increase economic pressure on Tehran in response to stalled ceasefire talks. GasAsian spot liquefied natural gas (LNG) prices rose last week as hopes faded for a quick reopening of the Strait of Hormuz after the United States threatened an indefinite naval blockade of Iran.The average LNG price for September delivery into northeast Asia was $21.30 per million British thermal units, up from $21.10 per mmBtu the week before.Fundamentally, the supply picture hasn't changed, a handful of Gulf cargoes are making it through, but nowhere near enough to matter. Demand across north-east Asia remains soft, and US LNG is doing the heavy lifting on coverage, analysts said.In Europe, the Dutch TTF gas price settled at $20.61 per mmBtu, posting a weekly gain of 5.1%. European gas market fundamentals are likely to remain strained, challenged by LNG terminal maintenance in France and Norway until September. This article was supplied by the Abdullah bin Hamad Al-Attiyah International Foundation for Energy and Sustainable Development.