The Gulf crisis has paralysed the ability of the GCC to contribute to peace and be a force for stability, HE Sheikh Mohamed bin Abdulrahman al-Thani, Deputy Prime Minister and Minister of Foreign Affairs, Qatar on Tuesday said.

Chinese tech giant Huawei said Tuesday it could pull out of partnerships in hostile countries as it seeks to counter security concerns in the West over its 5G technology.

Qatar Financial Centre (QFC) CEO Yousuf Mohamed al-Jaida will be representing the International Chamber of Commerce Qatar (ICC Qatar) in an annual meeting that takes place within the World Economic Forum (WEF) in Davos, Switzerland from January 22-25.

Qatar is the second-most competitive economy in the region as the country has been ranked second in the Arab world and 30th globally in The Global Competitiveness Report 2018 released by the World Economic Forum (WEF)

Qatar has built strong resilience as it opens up new trade lines and the sovereign wealth fund - one of the world’s largest – seeks new investments abroad, HE the Deputy Prime Minister and Foreign Minister Sheikh Mohamed bin Abdulrahman al-Thani has said.

Qatar’s economy performed better than expected last year and required “minimal” government support to blunt the effects of a trade and diplomatic embargo by Saudi Arabia and three other Arab countries, the Minister for Economy and Commerce, HE Sheikh Ahmed bin Jassim bin Mohamed al-Thani, has said.

Oil markets should reach balance after several years of supply glut sometime in the third quarter of 2018, Qatar's Minister of Energy and Industry HE Dr. Mohamed bin Saleh al-Sada told Reuters on the sidelines of the World Economic Forum in Davos on Tuesday.

Qatar outperformed the rest of the countries in the Middle East and North Africa (Mena) region, whose overall average score was 55.91.

Qatar has been ranked 27th among the most networked nations in the world and second among Arab countries in the 2016 edition of the “Global Information Technology Report” (GITR) published by the World Economic Forum.

Britain's vote to leave the European Union has increased uncertainty in the global economy, and China hopes for a united and stable EU and a prosperous United Kingdom, Chinese Premier Li Keqiang said on Monday.