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Wednesday, December 17, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "global" (140 articles)

This recognition underscores QIIB’s excellence in developing an integrated mobile banking application that reflects the latest advancements in digital technology within the banking sector.
Business

QIIB wins ‘Best Mobile Banking Application Qatar 2025’ award

QIIB has received another “prestigious” accolade, with Global Business Review naming the bank as the winner of the ‘Best Mobile Banking Application Qatar 2025’ award.This recognition underscores QIIB’s excellence in developing an integrated mobile banking application that reflects the latest advancements in digital technology within the banking sector.According to the Global Business Review jury, QIIB Mobile Banking App distinguishes itself as a smart and comprehensive platform that enables customers to perform a wide range of transactions while also offering innovative interactive features designed in direct response to customer feedback and needs.QIIB Chief Executive Officer Dr Abdulbasit Ahmad al-Shaibei said: “We are delighted to receive this prestigious award, which reflects our alignment with the Third Financial Sector Strategy launched by Qatar Central Bank, especially in the areas of digital services and advanced technology.“The award also reaffirms QIIB’s leadership in digital banking and demonstrates our success in developing a mobile banking application that ranks among the best in the region, offering innovative services that meet our customers’ needs and provide them with an outstanding banking experience.“From the very beginning, our goal has been to deliver a smart, secure, and user-friendly platform that empowers customers to manage their banking transactions anytime and anywhere. This achievement reflects our digital transformation strategy and ongoing commitment to investing in the latest technologies.”Dr al-Shaibei emphasised that the award serves as further motivation to continue developing the bank’s mobile app and enhancing its features and services in line with customer expectations.He noted: “Customer satisfaction is the true measure of success for any financial institution. We remain committed to continuously listening to our customers and developing solutions that make their lives easier and add real value to their banking experience.”This latest award further strengthens the track record of the QIIB Mobile Banking App, which has already received numerous regional and international awards and recognitions in digital banking.QIIB was awarded the ‘Excellence in Mobile Banking Innovation Qatar 2025’ by Gazet International, and previously received the ‘Excellence in Mobile Banking’ award at Finnovex Qatar 2024.QIIB has also won other prestigious honours, including ‘Best Bank for Digital Transformation Qatar 2025’ and ‘Best Retail Bank Qatar 2025’ from World Economic Magazine, as well as regional awards from institutions specialising in the banking industry.

The accolades reflect QNB’s commitment to delivering innovative digital banking solutions and exceptional customer experience, further cementing its leadership in digital transformation, and significant efforts on customer awareness on digital through innovative marketing channels
Business

QNB wins Global Finance awards for 'Best Digital Banks in Qatar'

QNB has been recognised by Global Finance magazine as one of the best in digital banking, winning two prestigious awards: ‘Best Mobile Banking App’ and ‘Best in Social Media Marketing and Services in Qatar’ for its continuous efforts in digital banking, and marketing.These accolades reflect QNB’s commitment to delivering innovative digital banking solutions and exceptional customer experience, further cementing its leadership in digital transformation, and significant efforts on customer awareness on digital through innovative marketing channels.QNB has distinguished itself through a wide range of pioneering digital services, as it has introduced ‘3D Secure eCommerce Transaction Verification’, allowing customers to approve online payments via QNB Mobile Banking push notifications.This new feature is provided alongside the SMS verification method already in place, giving customers additional options for secure transaction approval.It has also expanded the scope of convenient fund transfers with Visa Direct, allowing customers to instantly transfer money to Visa debit, credit, or pre-paid cards directly through QNB Mobile Banking.Court payments have similarly become easier, with customers now able to complete these transactions conveniently through QNB Mobile and Internet Banking.Through its Digital Onboarding service, QNB enables new customers to open a current or savings account, obtain a Virtual Card, and begin using their accounts instantly within minutes through QNB Mobile Banking without having to visit a branch.In addition, the bank has introduced a Multi-Currency Travel Card that allows customers to create a virtual card in multiple currencies within minutes, ensuring hassle-free transactions worldwide at competitive exchange rates.Furthermore, QNB Mobile Banking application offers customers the flexibility to adjust their credit card repayment percentage with ease.Reinforcing its reputation as a regional innovator, QNB became the first bank in Qatar and the Middle East to launch ATMs with bulk cash deposit functionality.These awards are a testament to QNB’s continuous innovation and investment in cutting-edge digital services, designed to provide its customers with secure, seamless, and exceptional digital banking across all channels.QNB continues to enhance its digital platforms in line with its strategy to deliver smart, customer-centric solutions that make everyday banking faster and more secure.The Group was also recognised recently with several international awards including: ‘Best Multi-Channel Offering in the Middle East and North Africa’, ‘Best Digital Bank in Qatar’ and ‘Excellence in Omni-channel Customer Experience’.

Gulf Times
Business

QNB highlights resilient global trade

QNB confirmed that the beginning of 2025 was accompanied by cautiously positive expectations for global trade growth, supported by relative stability in the world economy. However, new shifts in US trade policy have significantly affected the global economic landscape. The bank's weekly report noted that the decision of the United States on Apr. 2 to impose broad tariffs including duties of no less than 10 percent on imports and higher rates on selected countries has led to rising concerns about supply chain disruptions, increased uncertainty, and the potential escalation of trade disputes. The report stated that, as a result, the World Trade Organization (WTO) has forecast a contraction in global trade volumes for the current year, an occurrence that is rare and typically seen only in exceptional circumstances such as the 2009 global financial crisis and the 2020 COVID-19 pandemic. The report explained that economic indicators since April 2025 have shown notable resilience in the global economy despite existing challenges. It projected that global trade growth in 2025 will be modest compared to previous periods, but will remain far beyond the most pessimistic scenarios. This outlook is supported by three main factors. The first factor highlighted in the report is that leading indicators, particularly from highly integrated Asian economies such as Japan, South Korea, Singapore, Taiwan, and Vietnam, reflect strong export activity, signaling a recovery in global trade. These markets recorded an average annual growth rate of 6 percent in 2024, with the rate accelerating to 12 percent in the last four months of the year despite trade tensions. The report also pointed to Chinese export growth of 6 percent during the same period, reflecting sustained global demand. In this context, the report stated that investor expectations regarding the earnings of transportation-sector companies serve as an important indicator of future global trade trends. The Dow Jones Transportation Average in the United States, which includes companies involved in air, land, and sea transport as well as rail and delivery services, reached its lowest annual growth level in mid-2024 before rebounding into positive territory, signaling a possible expansion of trade.This improvement reflects a decline in pessimism even amid continued trade shocks. The gap between strong Asian export growth and the more cautious profit expectations of transport companies was attributed to the increase in early shipments to the US market in anticipation of further tariff threats. The second factor concerns a significant decrease in the likelihood of large-scale global trade wars despite the rise of US protectionist policies. The report explained that the conclusion of US negotiations with key trading partners, including the United Kingdom, Japan, and the European Union, has clearly reduced uncertainty and lowered the probability of expanding tariff measures. At the same time, most global economies are moving toward greater trade integration through multilateral agreements, which reduces the negative impact of protectionist policies and strengthens the stability of the global trading system. The third factor relates to monetary policy. The report considered that waves of monetary easing adopted by major central banks are expected to provide additional support for global trade growth in the coming period. It noted that the US Federal Reserve is expected to cut its benchmark interest rate by 125 basis points next year, bringing it down to 3.25 percent by the end of 2026, in an effort to reduce borrowing costs and stimulate economic activity. Similarly, the European Central Bank has lowered its key rate by 200 basis points since mid-2024 to settle at 2 percent.The report emphasized that interest rates are a decisive factor in supporting investment and boosting consumer spending, which are two key pillars of global trade, particularly given that the United States and the euro area together account for about 40 percent of global GDP. The bank concluded its report by affirming that the outlook for 2025 indicates a tangible improvement in the prospects for global trade compared to the more pessimistic scenarios that followed Washington's announcement of broad tariffs. It pointed out that a combination of positive economic indicators, accommodative monetary policies, and the signing of new trade agreements is helping to limit the repercussions of geopolitical and economic tensions and to support the stability of the global trading system in the upcoming period.

Gulf Times
Qatar

Qatar hails launch of Global Autism Alliance

Qatar participated in the high-level ministerial meeting launching the Global Autism Alliance, held at the UN headquarters in New York on the sidelines of the 80th session of the UN General Assembly.Qatar was represented at the meeting by HE the Minister of Public Health Mansour bin Ibrahim al-Mahmoud and HE the Minister of Social Development and Family Buthaina bint Ali al-Jabr al-Nuaimi.The meeting announced the establishment of the alliance as an international platform aimed at fostering understanding, coordinating efforts, and expanding global initiatives to support individuals with autism spectrum disorder and their families.In his opening remarks, HE the Minister of Public Health emphasised the importance of launching the Global Autism Alliance to strengthen joint efforts for sustainable improvement and to provide necessary support to individuals with autism and their families worldwide. He underlined that Qatar attaches great importance to health as a means to achieve a more just, secure, and humane world, and that autism remains a key priority in both public health and social development.He noted that in 2017 Qatar launched its first National Autism Plan, a comprehensive strategy covering awareness, early diagnosis, medical intervention, inclusive education, and lifelong support. He added that the plan is reinforced by large-scale awareness campaigns and strong partnerships with families and communities.He also said that Qatar’s integrated, rights-based approach demonstrates a firm commitment to ensuring that every individual with autism can reach their potential and actively contribute to society.For her part, HE the Minister of Social Development and Family reaffirmed Qatar’s ongoing commitment to promoting social inclusion and achieving health, education, and social equity for individuals with autism. She stressed that this commitment stems from Qatar National Vision 2030 and the country’s comprehensive, rights-based approach to supporting the most vulnerable. She also praised international partnerships that strengthen this initiative.She highlighted that the initiative reflects the vision of Chairperson of Qatar Foundation Her Highness Sheikha Moza bint Nasser, who played a pivotal role in advancing dignity and inclusivity for people with autism and in helping the UN General Assembly adopt Resolution 62/139 in December 2007, which designated April 2 as World Autism Awareness Day.Al-Nuaimi further explained that the Global Autism Alliance is an important step toward advancing international co-operation and knowledge-sharing through research and innovation, with the aim of increasing the impact of global efforts. She stressed the importance of making innovation central to the initiative, particularly in reimagining social systems, supporting families, and fostering community participation to ensure equal opportunities for all.She noted that the alliance represents a qualitative leap in co-ordinated international efforts to raise awareness about autism and improve services provided to individuals with autism, through collaboration among governments, international organisations, civil society, and the private sector.The event was organised in partnership with Qatar Foundation for Education, Science and Community Development, the World Health Organisation, Unicef, and Autism Speaks.As part of its commitment to supporting children with autism, Qatar continues its efforts under the Qatar Foundation Strategy 2025-2035, which provides comprehensive support in education, health, and innovation, while strengthening social inclusion. These efforts include early intervention programs offering therapeutic and rehabilitation sessions for children aged 3 to 14, as well as autism-friendly hospitals such as Sidra Medicine, which provides suitable medical environments for children during treatment. Qatar also continues to raise awareness through World Autism Day activities and focuses on inclusive education by integrating specialised programmes for children with autism into both public and private schools.

Gulf Times
Business

SP Jain Global ranked among Asia-Pacific’s Top 10 b-schools for third consecutive year in Bloomberg Businessweek’s 2025 rankings

Bloomberg Businessweek, renowned worldwide for its authoritative business news and analysis, has ranked S P Jain School of Global Management (SP Jain Global) 7th in the Asia-Pacific region in its 2025 Best B-Schools Rankings. This is the third consecutive year that SP Jain Global has been placed among the Top 10, underscoring the school’s consistency in delivering high-quality, future-focused business education.The Bloomberg rankings draw on surveys of students, alumni, and corporate recruiters, and evaluate schools on career outcomes, classroom experience, alumni networks, entrepreneurial readiness, and long-term return on investment. They are widely regarded as one of the most respected benchmarks for management education. In the 2025 rankings, SP Jain Global also placed #5 in the Asia-Pacific for compensation, a clear measure of the strong ROI for its graduates and the school’s focus on preparing job-ready leaders.“Being ranked in Bloomberg’s Asia-Pacific Top 10 for the third year in a row is both an honour and a responsibility,” said Nitish Jain, President of SP Jain Global. “It reflects the trust of our students, alumni, and recruiters, and validates the distinctiveness of our approach to management education.We have always believed that the future of business will be shaped by uncertainty, disruption, and rapid change, and traditional approaches alone are not enough. Our programs are built around a unique multi-city model and a multimodal learning ecosystem, giving students the opportunity to study in some of the world’s most dynamic economies while also learning to harness AI as part of their education.AI plays a pivotal role in helping students move beyond surface-level learning to higher-order thinking. It accelerates their progress from comprehension to analysis, problem-solving, and decision-making. In short, from knowing the answers to developing the judgment and foresight leaders need. Combined with the cultural and business exposure of our multi-city model, this ensures that graduates leave not only with a degree but with resilience, adaptability, and a truly global perspective. These are qualities employers value deeply today and which will define leadership in the years ahead.”SP Jain Global’s recognition by Bloomberg Businessweek adds to a consistent track record of rankings by leading international publications such as QS, Forbes, Financial Times, The Economist, and Times Higher Education–Wall Street Journal. Together, these validations highlight the school’s standing in global business education and its role in shaping graduates who can thrive in diverse and fast-changing environments.For more information on SP Jain Global’s rankings and programs, visit http://www.spjain.ae.

Gulf Times
Business

HSBC Qatar graduates complete global induction programme in London

Four talented Qatari graduates from HSBC Qatar have completed the HSBC Global Graduate Programme in London this August.The intensive programme brought together top emerging talents from 15 different countries across HSBC’s global network to equip them with the skills, knowledge and international exposure required to thrive in today’s competitive financial and corporate landscape.The programme also deepened their understanding of HSBC’s ambition, strategy, and values — while building connections that span the globe. The Qatari Graduate Cohort included Hissa al-Thani, Mahdi al-Majed, Nayef al-Mahsin, and Lolwa al-Dosari.HSBC Qatar CEO Abdul Hakeem Mostafawi said, “In collaboration and with the support of the Qatar Central Bank and the Ministry of Labour, we are committed to developing Qatari talents into tomorrow’s leaders. We are proud to see a new wave of Qatari talents completing the Global Graduate Programme and returning from London with new skills, global experience, and a stronger foundation to contribute to Qatar’s financial sector and future leadership.”Mohammed al-Sultan, country head of Human Resources at HSBC Qatar, added: “Empowering Qatari youth through international exposure and practical learning opportunities is at the heart of our talent strategy. By equipping our graduates with global perspectives and critical skills, we are preparing them to succeed and thrive in today’s fast-changing financial world.”The milestone highlights HSBC Qatar’s ongoing commitment to Qatarisation and the development of future Qatari banking leaders. The graduates will now apply their international experience and knowledge locally, serving as ambassadors of Qatar’s emerging talent and its potential on the global stage.

Italian Defence Minister Guido Crosetto has ordered the Italian multi-purpose frigate Fasan, previously sailing north of Crete, to head towards the flotilla.
International

Italy deploys navy ship to help Gaza aid flotilla after drone attack

Aid flotilla of 50 vessels attacked overnight by dronesConvoy aims to deliver aid and break Israel's Gaza blockadeItaly sends navy ship to offer assistance, condemns attackOnboard radios jammed with "very loud ABBA music", witness saysIsrael says it will not allow any breach of the blockadeAn international aid flotilla trying to deliver aid to Gaza said on Wednesday it was attacked overnight by drones in international waters off Greece, prompting Italy to send a navy ship to come to its assistance. The Global Sumud Flotilla (GSF) is using about 50 civilian boats to try and break Israel's naval blockade of Gaza, with many lawyers and activists onboard, including Swedish climate campaigner Greta Thunberg.The vessels were attacked by 12 drones in international waters 30 nautical miles (56 km) off the Greek island of Gavdos, said Marikaiti Stasinou, a spokesperson for March to Gaza Greece, which is part of the flotilla.All passengers are safe after drones exploded over the vessels, she told Reuters.GSF said the attack affected 11 vessels and blamed Israel and its allies for "explosions, unidentified drones and communications jamming," saying it would not be intimidated and would continue to sail.Italian Defence Minister Guido Crosetto said in a statement the sea convoy had been targeted by "currently unidentified perpetrators". He expressed the "strongest condemnation" of the incident.He ordered the Italian multi-purpose frigate Fasan, previously sailing north of Crete, to head towards the flotilla "for possible rescue operations", focusing primarily on Italian citizens.The GSF called on other nations to "ensure and facilitate effective protection, including (with) maritime escort, accredited diplomatic observers, and an overt protective State presence. Italy has now taken a first step in this direction.""The drones that have been following us for days have detonated an explosive device, knocking off the boat's jib, and we're at risk of the mast falling," said Stefano Bertoldi, an Italian activist with the climate group "Ultima Generazione" (Last Generation) that is sailing in the flotilla.Bertoldi issued several maydays as the explosions rang out, Last Generation said in a statement.Crosetto expressed "the strongest condemnation" of the "attack" by "currently unidentified perpetrators".Italian Foreign Minister Antonio Tajani said he had asked Israel to ensure the safety of "Italian citizens, along with members of parliament and MEPs".He has already informed Israel that "any operation entrusted to Israeli forces must be conducted in compliance with international law and the principle of absolute caution," the ministry said in a statement.Tajani has also asked the Italian Embassy in Tel Aviv to "reiterate its previous request to the Israeli government to guarantee the absolute protection of the personnel on board," it said.The Greek coastguard told AFP that a patrol boat from the EU borders agency Frontex had approached one vessel and saw no evidence of damage.Contacted at its Warsaw headquarters, Frontex could not immediately confirm or deny the incident.Italy's anti-establishment Five Star Movement, which has a senator on one of the boats, called on the EU "to intervene immediately to defend the vessels flying the flags of member states" by providing "protection and maritime escort through the deployment of Frontex vessels".Israel has repeatedly criticised the flotilla, accusing its activists of complicity with the Hamas.On Wednesday, the foreign ministry repeated an invitation for the flotilla to drop humanitarian aid in an Israeli port, leaving it to Israeli authorities to take it to Gaza, or else face consequences."Israel will not allow vessels to enter an active combat zone and will not allow any breach of the lawful naval blockade," a ministry statement said.It made no comment on whether it was responsible for the drones.Earlier this month, the flotilla blamed Israel for other drone strikes on its boats while they were moored in a Tunisian port. Israel did not respond to those accusations.The drones came in the middle of the night dropping stun grenades and itching powder, damaging the sails of some boats, according to two leftist Italian members of the European Parliament aboard the flotilla.Before the attack, onboard radios started playing "very loud ABBA music," Annalisa Corrado of the Democratic Party said in a video message. "We thought it was a joke, but no, it was the first act of intimidation, to tell us they were close enough to get into our radio systems."The attack lasted around three hours until 4 am local time (0100 GMT), Benedetta Scuderi of the Greens-European Free Alliance group told Italian public radio RAI.A Greek coastguard official told Reuters that members of the flotilla contacted them around 2 am (2300 GMT) to inform them of the incident. When approached by the European Union's border agency Frontex, however, the flotilla said it did not require assistance, the official added.In Brussels, a European Commission spokeswoman said "any use of force against the flotilla is not acceptable", adding that "we totally understand" the activists' desire to raise awareness about the situation in Gaza.

Gulf Times
Region

Gaza-Bound Global Sumud Flotilla targeted by Drone strikes

At least ten vessels of the "Global Sumud Flotilla", which seeks to break the blockade on the Gaza Strip, came under repeated drone attacks in the Mediterranean Sea, organizers said.Explosions were reported and communications on board were severely disrupted, though no casualties have been confirmed so far.Francesca Albanese, the UN Special Rapporteur on the situation of human rights in the Palestinian territories, said seven drone attacks struck the flotilla after about 15 aircraft flew overhead, stressing the urgent need for international protection.The flotilla's organizing committee said unidentified objects were dropped on ten boats, causing material damage, while 13 explosions were recorded nearby.It accused Israel of conducting a media disinformation campaign to justify potential military action against the humanitarian convoy, warning that targeting it would amount to a war crime and a flagrant violation of international law.The Global Sumud Flotilla comprises humanitarian workers, doctors, artists, and activists from 44 countries. It departed Tunisia earlier this month after several delays, with the aim of establishing a humanitarian corridor and breaking the blockade imposed on Gaza for more than 23 months. Israel previously intercepted similar sea-borne attempts to reach Gaza in June and July.

Gulf Times
Qatar

Qatar participates in High Level Meeting of like-minded Global South Countries

The State of Qatar participated in the High Level Meeting of Like-Minded Global South Countries, held on the sidelines of the 80th session of the United Nations General Assembly in New York. The Qatari delegation to the meeting was headed by His Excellency Minister of State for Foreign Affairs Sultan bin Saad Al Muraikhi.

Winners of 2024 Abdullah Bin Hamad Al-Attiyah International Energy Awards.
Business

Preparations Underway for 2025 Al-Attiyah International Energy Awards

The Abdullah bin Hamad Al-Attiyah International Energy Awards for Lifetime Achievement will take place in October, with preparations now well advanced for this landmark event.Organised by the Al-Attiyah Foundation, the Awards recognise outstanding individuals who have dedicated their careers to advancing the global energy industry. Six distinguished industry leaders will be honoured for their lifetime achievements.The Awards embody the vision and legacy of HE Abdullah bin Hamad al- Attiyah, former Deputy Prime Minister and Minister of Energy and Industry, whose leadership helped shape Qatar’s position as a global energy leader.The 2025 ceremony and gala dinner is sponsored by ExxonMobil, and will bring together over 300 senior executives, policymakers, and thought leaders from across the global energy landscape.Since its establishment in 2015, the Al-Attiyah Foundation has provided trusted analysis and insights into the most pressing challenges and opportunities in energy and sustainable development, through its research publications, CEO Roundtables, podcasts, webinars and regular events.The Foundation’s achievements and growth are made possible by its esteemed member organisations, which include some of the world’s most influential companies: QatarEnergy, Qatar Electricity & Water Co., Woqod, QNB, QatarEnergy LNG, Dolphin Energy, Qatar Shell, QAPCO (Qatar Petrochemical Company), Marubeni, ConocoPhillips, QAFCO (Qatar Fertiliser Company), Sasol, Q-Chem, Gulf Helicopters, Qatar Cool, and JTA Holding.

Gulf Times
Qatar

United Nations/ UNGA 66 President to QNA: Qatar key player in global peace and development

His Excellency President of the 66th Session of the United Nations General Assembly (UNGA) and former High Representative for the United Nations Alliance of Civilizations, Nasser bin Abdulaziz Al-Nasr, affirmed that the State of Qatar plays an active role and has become a key player in peace and development within the United Nations system.His Excellency noted that the speeches of His Highness the Amir Sheikh Tamim bin Hamad Al-Thani before the General Assembly were comprehensive and expressed clear positions that reflect Qatar's commitment to peace and the strengthening of international cooperation, underscoring its active presence in various global issues.In remarks to Qatar News Agency (QNA), HE Al Nasr explained that His Highness the Amir's speeches focused on three main messages in light of current international challenges, particularly the escalation of conflicts, the worsening impacts of climate change, and ongoing food and health security crises.The first message, he said, was a call for calm, preventive diplomacy, and the rejection of the logic of force in resolving disputes -- especially in volatile regions and countries experiencing wars and conflicts.HE Al Nasr added that His Highness the Amir consistently reiterates Qatar's firm position on the need to halt ongoing violations against the Palestinian people, support their just rights and aspirations, and reject all forms of occupation, particularly in the Gaza Strip. He stressed the importance of returning to the 1967 United Nations resolutions, including the establishment of an independent Palestinian state with East Jerusalem as its capital.In this regard, His Excellency emphasized that the continued occupation and bloodshed require urgent international action, pointing out that His Highness the Amir's speeches consistently call for halting Israeli violations, rejecting attempts to impose a fait accompli, ending the siege, stopping aggressive operations, and halting settlement expansion.HE Al Nasr said that the second message centered on the importance of multilateral action and strengthening the role of the United Nations as a unifying platform for achieving peace and sustainable development, at a time of mounting challenges and an urgent need to activate the role of the international organization.The third message, he noted, highlighted Qatar's commitment to the issues of the developing world, particularly in supporting development efforts, education, and youth empowerment. These priorities, he said, are areas where Qatar has demonstrated active engagement through pioneering national initiatives and institutions.The UNGA 66 President commended Qatar's distinguished position within the UN system, noting that its presidency of the 76th Session and assumption of numerous responsibilities as a permanent member of the organization reflect the country's remarkable development in recent years and its emergence as a key player in peace, security, and sustainable development.He further pointed out that Qatar's hosting of major international conferences and its humanitarian and diplomatic initiatives have strengthened its image as an influential and responsible state, regionally and globally, and contributed effectively to advancing the purposes of the UN Charter.On UN reform, His Excellency Al Nasr stressed that it has become an urgent necessity, particularly with regard to the Security Council and other responsibilities of the international organization. He considered Qatar well-placed to contribute to this process by supporting negotiating tracks for reform to make the Council more representative and just, while encouraging greater participation of developing countries in UN decision-making. He also highlighted Qatar's support for innovative partnerships between the UN, the private sector, and think tanks, within the framework of initiatives spearheaded by institutions such as Silatech, Education Above All, and Qatar Foundation for Education, Science and Community Development.Concluding his remarks to QNA, HE Nasser bin Abdulaziz Al Nasr expressed pride in Qatar's growing role in the international system, voicing hope that its participation in the upcoming session of the UN General Assembly would continue the path of excellence and leadership it has pursued at both regional and international levels.

Gulf Times
Business

QatarEnergy and Shell’s Pearl GTL recognised by World Economic Forum as Global Lighthouse Site 

Pearl GTL, the world’s largest gas-to-liquids facility, has been officially recognised by the World Economic Forum (WEF) as a member of its prestigious Global Lighthouse Network. This milestone marks the first time a Qatari facility has received this honour, placing Pearl GTL among a select group of industrial sites globally that are leading the way in deploying Fourth Industrial Revolution (4IR) technologies at scale.Pearl GTL is operated by Shell on behalf of the State of Qatar, represented by QatarEnergy., and this recognition reflects the strength of their long-standing partnership.The facility has delivered measurable improvements in reliability, emissions reduction, and operational efficiency through the deployment of over 45 advanced digital solutions, including AI-driven predictive analytics, digital twin platforms and real-time integrity monitoring.The site exemplifies how digital transformation can drive significant progress in operational excellence, cost efficiency, safety and environmental performance, demonstrating the tangible value of embracing next-generation technologies in large-scale industrial settings.QatarEnergy has played a pivotal role in enabling this transformation. Its strategic oversight and commitment to innovation have ensured that Pearl GTL not only meets but exceeds global benchmarks for sustainable energy production.In recent years, Shell has brought its digital innovation capabilities to the venture. Pearl GTL is the culmination of Shell’s global experience and digital transformation strategy, and it has been recognised internally as an aspirational asset, earning Shell’s Asset of the Year accolades two years in a row and Digital Asset of the Year in 2023.“This recognition marks a significant milestone for Pearl GTL and underscores the exceptional partnership between Shell and QatarEnergy,” said Rob Maxwell – Managing Director and Chairman of Shell Companies Qatar. “Being named to the Global Lighthouse Network demonstrates how the large-scale adoption of digital technologies can transform operational efficiency, reliability and environmental performance. This achievement shows what can be accomplished through the practical application of advanced innovation in the energy sector.”In recent years, Qatar has made significant progress in promoting and adopting advanced technologies across industries. In 2024, the Centre for the Fourth Industrial Revolution (C4IR) in Qatar was established to support the acceleration of digital transformation and foster innovation across key sectors. Launched in collaboration the Ministry of Finance and the World Economic Forum, it serves as a platform for co-designing and piloting future-focused policy frameworks that enable the development and deployment of 4IR technologies in line with Qatar National Vision 2030.“At the Centre for the Fourth Industrial Revolution, we congratulate QatarEnergy and Shell on their recognition as a Global Lighthouse Site,” said Dr. Abdulaziz Khalid Al-Ali – Director of C4IR Qatar. “This achievement exemplifies the transformative impact of digital innovation and strategic collaboration in advancing sustainable energy solutions in Qatar. Pearl GTL is an example of what can be accomplished when visionary leadership and cutting-edge technology come together. Not only does this milestone set new standards for industrial advancement, but it also reinforces the State of Qatar’s position as a regional and global leader in technological innovation and sustainable energy production.”As a leading asset within both Shell and Qatar, Pearl GTL stands at the forefront in applying Industry 4.0 technologies on a large scale, setting new benchmarks for technological advancement and innovation in the energy sector.Launched in 2018, the Global Lighthouse Network brings together and celebrates the success of the world’s leading industrial sites which achieved exceptional performance in productivity, supply chain resilience, customer centricity, sustainability and talent. This global community of influential innovators, deploying over 1,000 solutions in multiple industries, includes 201 sites, 27 of which have a distinction in sustainability. The network now spans over 30 countries and 35 sectors. Kiva Allgood, Managing Director and Head of the Centre for Advanced Manufacturing and Supply Chains, World Economic Forum, said, “Congratulations to the new Lighthouse cohort that demonstrates how forward-thinking companies across industries and segments are putting this vision into action, setting a new global standard for operational excellence and impact.”