Dukhan Bank $500mn debut sukuk issuance oversubscribed 4.5 times

Dukhan Bank $500mn debut sukuk issuance oversubscribed 4.5 times

Dukhan Bank's $500mn debut sukuk issuance has been oversubscribed 4.5 times, confirming its financial strength and the confidence enjoyed by it and the Qatari economy amongst the global investors.

QP signs 15-year LNG supply deal with Taiwan's CPC

QP signs 15-year LNG supply deal with Taiwan's CPC

Qatar Petroleum (QP) Wednesday entered into a 15-year LNG, or liquefied natural gas, sale and purchase agreement (SPA) with Taiwan's CPC Corporation, for the supply of 1.25mn tonnes per annum (MTPA) of LNG.

Saudi proposes ceasefire in Yemen, Houthis sceptical

Saudi proposes ceasefire in Yemen, Houthis sceptical

Saudi Arabia presented a new peace initiative on Monday to end the war in Yemen, including a nationwide ceasefire and the reopening of air and sea links, but the Houthi rebels said the offer did not appear to go far enough to lift a blockade.

Qatar records significant reduction in traffic congestion in 2020: QMIC report

Qatar records significant reduction in traffic congestion in 2020: QMIC report

Qatar recorded significant reduction in traffic congestion in 2020 due to Covid-19 and the completion of key road projects, says the sixth annual Qatar Traffic Report (QTR) released by Qatar Mobility Innovations Centre (QMIC) on Monday.

QP signs long-term deal to supply 2mn tpy of LNG to China

QP signs long-term deal to supply 2mn tpy of LNG to China

Qatar Petroleum has entered into a 10-year LNG Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 2mn tonnes per year (MTPY) of LNG to China.