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Tuesday, December 16, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "global" (137 articles)


An oil tanker sits anchored off the Fos-Lavera oil hub near Marseille, France. The outlook from the IEA, which advises industrialised countries, is the latest warning that the oil market is heading for oversupply.
Business

World oil market faces even larger 2026 surplus: IEA

The global oil market faces an even bigger surplus next year of as much as 4.09mn barrels per day as Opec+ producers and rivals lift output and demand growth slows, the International Energy Agency said on Thursday.The outlook from the IEA, which advises industrialised countries, is the latest warning that the oil market is heading for oversupply. A surplus of 4.09mn bpd would be equal to almost 4% of world demand, and is much larger than other analysts’ predictions.“Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards,” the IEA said in its monthly report.Opec+, or the Organisation of the Petroleum Exporting Countries plus Russia and other allies, has been boosting output since April. Other producers, such as the US and Brazil, are also increasing supply, adding to glut fears and weighing on prices.Oil prices edged higher to around $63 a barrel after the IEA report to recoup some of the 2% drop on Wednesday after Opec shifted its 2026 outlook to a small surplus, having earlier seen a sizeable deficit.Global oil supply will grow by around 3.1mn bpd in 2025, and 2.5mn bpd next year, each up by around 100,000 bpd on the month, the IEA said.Supply is rising faster than demand in the IEA’s view even after upward revisions on Thursday. The agency now expects oil demand to rise by 770,000 bpd next year, up 70,000 bpd from last month, citing increased needs in petrochemical plants.The short-term outlook in the IEA’s monthly report contrasts with the agency’s annual outlook on Wednesday, which sees global oil and gas demand potentially rising until 2050.Opec sees a surplus of just 20,000 bpd next year according to Reuters calculations based on its own monthly oil market report on Wednesday, although this marks a further retreat from its forecast of a sizeable deficit.Global oil output was 6.2mn bpd higher in October than at the start of this year, divided evenly between Opec+ and non-Opec producers, the IEA said. Top Opec producer Saudi Arabia contributed 1.5mn bpd of the increase, while Russia added just 120,000 bpd amid sanctions and Ukrainian attacks.Russian oil exports have continued largely unabated despite new US sanctions on Russian firms Rosneft and Lukoil, which still may have the most far-reaching impact yet on global oil markets, the IEA said.The IEA added that new entities have already started handling Russian exports as it adapts to sanctions. In October, companies MorExport, RusExport and NNK, which have only been active since May, lifted around 1mn bpd of Russian crude and fuels, it said.The Paris-based IEA also drew attention to a sharp rise in global oil inventories, which rose to their highest since July 2021 in September at just under 8bn barrels.The increase was driven by a sharp increase in waterborne oil in storage, which rose by 80mn barrels in September.Preliminary October data shows further rises for global stocks, again driven by increasing waterborne barrels, the agency added.

Gulf Times
International

Safe working environment for diabetics stressed

The world marks World Diabetes Day on November 14 each year, with the aim of raising global awareness to combat the disease and its complications, as well as focusing on ways to prevent it and manage it after diagnosis.This year's World Diabetes Day centers around a global call for various sectors to participate in and support the "Diabetes in the Workplace” initiative.The global rise in diabetes is seen as a developmental and social challenge rather than merely an individual health crisis. International reports reveal alarming figures regarding the disease’s prevalence and the proportion of undiagnosed individuals, along with the increasing economic costs associated with it.According to the International Diabetes Federation and the World Health Organization (WHO), the number of adults living with diabetes worldwide has surpassed 800mn, more than quadrupling since 1990. Most of them are between the ages of 20 and 79. It is estimated that about 43% of people with diabetes are unaware of their condition, putting them at risk of serious complications, even though the disease can often be managed early. Projections also indicate that nearly 81% of people with diabetes live in low- and middle-income countries.Statistics show that in 2024, global diabetes-related health expenditure surpassed $1 trillion.According to international data, the geographical distribution of the disease is uneven. Low- and middle-income countries bear a greater burden in terms of the number of people affected and the proportion of untreated cases. The economic cost is also catastrophic, placing a heavy strain on the health systems of these countries. This means that diabetes is not merely a health issue but also a challenge that impacts the economies of many nations.Many specialists indicate that changing lifestyles are among the main causes of diabetes, manifested in factors such as weight gain, lack of physical activity, and changes in dietary habits. The rise in cases alongside these factors suggests that the fight against the disease is not only a medical one but also requires a comprehensive societal culture and broad scientific awareness.Regarding the efforts made annually by the Qatar Diabetes Association to support people with diabetes, Executive Director of Qatar Diabetes Association (QDA) Dr Abdullah al-Hamaq told Qatar News Agency (QNA) in an exclusive statement that the Association organizes more than 50 awareness activities each year. These include workshops, seminars, early screening campaigns, and camps for children with diabetes or at risk of developing it.He added that the association provides direct support to over 3,000 patients annually through educational programmes, psychological support, and nutritional guidance, in addition to national campaigns, such as "World Diabetes Day" and "Steps Towards Health," to raise community awareness. The association also collaborates with schools, universities, and various workplaces to promote a culture of prevention and healthy management of the disease, he added.On a global scale, he noted that awareness is increasing, but diabetes complications, such as heart and kidney diseases, remain prevalent due to inadequate follow-up or delayed diagnosis.The Executive Director of Qatar Diabetes Association explained that recent scientific advances in diabetes prevention focus on maintaining a healthy lifestyle, engaging in regular physical activity, and following a balanced diet. As for management after diagnosis, he said that rapid developments include continuous glucose monitoring (CGM) devices and new medications, such as SGLT2 and GLP-1 inhibitors, which improve blood sugar control and reduce complications.Dr. al-Hamaq recommends that individuals with Type 1 diabetes adhere to their insulin regimen, undergo continuous monitoring, and receive psychological support. He also advises those with Type 2 diabetes to modify their lifestyle, take oral medications or injections, and follow up regularly.He added that the proper approach to living with the disease, across different cases, lies in maintaining a balance between nutrition, physical activity, and treatment; along with essential psychological and social support, particularly for children and adolescents, in addition to ensuring regular medical checkups to adjust treatment as needed, as well as self-education about the disease and its complications.Regarding the complications that affect the organ functions of the affected person, and thus their activity and productivity, Dr. al-Hamq said that complications for the heart are represented by an increased risk of coronary heart disease, for the kidneys by the development of chronic kidney disease, for the eye by retinopathy which may lead to vision loss, for the nerves by peripheral neuropathy which affects movement and sensation, and for the skin and wounds complications are represented by slow wound healing and an increased risk of infection.The QDA executive director concluded his statements regarding global scientific and medical efforts aimed at finding a cure for diabetes, saying that so far there is no approved definitive cure that achieves a complete cure for Type 1 or Type 2 diabetes. However, he pointed out that there are promising research in the field of stem cells and pancreatic islet transplantation, and this may contribute to changing the future of treating the disease, noting that this is still in the experimental stage.Among the goals that specialist physicians seek to achieve are raising awareness about the impact of diabetes on society, encouraging early diagnosis, supporting those affected, raising awareness of ways to prevent diabetes or delay its onset through following a healthy diet, with the necessity of exercising physical activity, strengthening the role of the family in health education about the treatment of diabetes and the prevention of its complications, in addition to increasing awareness of the warning signs of its infection, as well as providing medicines, technologies, support, and care to all diabetic patients who need them.

Gulf Times
Qatar

Qatar Foundation’s Doha Debates explores ‘earned success’

Qatar Foundation’s Doha Debates brings together global thinkers and students for a thought-provoking conversation on whether hard work and talent still determine who rises, or whether “earned success” conceals deeper inequities.Daniel Markovits, Guido Calabresi, professor of law at Yale Law School, argues that the system meant to promote fairness has instead entrenched inequality.“Meritocracy has become the principal obstacle to equality of opportunity, at least in the rich countries of the world,” he says, warning that competition built on elite education and inherited advantage has replaced real mobility.Bryan Caplan, professor of economics at George Mason University, offers a contrasting view. “Meritocracy is pretty real if we actually had open borders where anyone could work anywhere,” he says. For Caplan, prosperity depends on personal responsibility and freedom of movement, not structural intervention.From a human-centred perspective, Dr Poornima Luthra, associate professor at Copenhagen Business School, challenges the idea that opportunity is equally accessible.“Meritocracy is a belief, a system where people are assumed to have opportunity solely on merit,” she says.“In reality, people experience bias and discrimination across many aspects of their identity.”Offering a global outlook, Parag Khanna, founder and CEO of AlphaGeo, sees potential in redefining meritocracy. “Meritocracy can work if the most qualified people are making decisions about the shape and direction of society,” he says, citing governance models that reward expertise and mobility.Adding their voices, students from universities across Qatar reflect on how these ideas resonate with their generation. Sundus Saeed, 26, a social sciences student at Hamad Bin Khalifa University, says, “The system often ensures that people stay out, and if someone rises, hurdles are placed in their way to maintain the status quo.” Carl Jambo, 22, studying international economics at Georgetown University in Qatar, takes an opposing view, saying: “Meritocracy gives you the platform to prove yourself, an individual against the world.”

Slovenian President Dr Natasa Pirc Musar at HBKU yesterday. PICTURE: Thajudheen.
Qatar

Slovenian president reiterates end to UN Security Council veto power

Slovenian President Dr Nataša Pirc Musar has reiterated her call to abolish the United Nations (UN) Security Council’s absolute veto power, arguing that the privilege 'corrupts absolutely' and has left the UN in a 'big struggle' to uphold its mission of global peace and security.“When you do have something absolute, it is always a problem,” she said. “You know what the saying is?, ‘Power tends to corrupt, and absolute power corrupts absolutely’. It is so true, also in politics,” Pirc Musar said in her lecture, titled “The Realities of Multipolarism vs the Need for Multilateralism”.She was speaking at Hamad Bin Khalifa University’s Minaretein Auditorium Monday, addressing global governance, artificial intelligence, and gender equity. The event forms part of her official visit to Qatar and reflected HBKU’s ongoing efforts to foster international dialogue on diplomacy and leadership.Elected in 2022 as Slovenia’s first woman head of state, Pirc Musar used the platform to make an appeal for UN reform, particularly targeting what she described as the “hybrid war” within the Security Council, where five permanent members – the United States, United Kingdom, France, Russia, and China – hold veto powers.The Slovenian president noted that while France and the United Kingdom have refrained from using the veto since 1986, other permanent members continue to use, and in some cases, abuse the power, stalling collective action in times of global crisis. “For 25 years we have been discussing UN reform. For 25 years we didn’t make any steps,” she added.Pirc Musar outlined three proposals to curb the Security Council’s unchecked authority: Restricting voting rights of countries under discussion in the Council; banning the use of vetoes in cases involving mass atrocities, crimes against humanity, or genocide; and subjecting veto decisions to review by the UN General Assembly, where a two-thirds majority could overrule or confirm them.The Slovenian president cited her September address at the UN General Assembly, where Slovenia urged the body to seek an advisory opinion from the International Court of Justice on the legality and limits of the veto power in cases of humanitarian crises. “Now is the time to discuss this really very important topic,” she said, adding that “we don’t have another 25 years to waste.”Pirc Musar also touched on the interconnectedness of global issues, from wars in Ukraine, Palestine, and Sudan to the ethical implications of artificial intelligence: “Everything is interconnected,” she stressed, adding that knowledge-sharing and cultural dialogue are vital to overcoming political egoism and sustaining multilateral co-operation.“Knowledge is to be shared and not a single country on this planet has all the knowledge it needs,” she said. “If you only stick to your own country and are not willing to share, that is egoistic.”Pirc Musar also tackled the theme of gender equity, linking it to the broader struggle for fairness and inclusion in global governance.Echoing her faith in multilateralism, she described the UN as “the only multilateral body covering the whole planet,” insisting that it “should be the diamond of international politics.”

State-owned Abu Dhabi National Oil Co sees trading as a way to capture greater value from selling fuels produced in the emirate and elsewhere, says Ahmed bin Thalith, chief executive officer of its oil trading unit.
Business

Abu Dhabi’s oil trading arm plans rapid international expansion

Abu Dhabi’s five-year-old oil trading arm plans to boost the volume it handles by two thirds in the next few years as it expands internationally, its CEO said.State-owned Abu Dhabi National Oil Co sees trading as a way to capture greater value from selling fuels produced in the emirate and elsewhere, said Ahmed bin Thalith, chief executive officer of the unit. The next phase of Adnoc Global Trading’s expansion will be an office in Houston in 2027, he said.“In only five years, we’ve established offices in Singapore, in Geneva and, soon to come, in the US,” bin Thalith said in an interview at the company’s office in Abu Dhabi. “This will put us on the global map and this will increase our footprint.” AGT is handling the equivalent of about 1.1mn to 1.2mn barrels of oil a day and aims to expand that to about 2mn barrels a day, he said.Middle Eastern oil producers have for decades dominated global crude markets, traditionally selling their cargoes on long-term contracts. More recently, companies like Adnoc and Saudi Aramco have been setting up and expanding trading operations as growing domestic refining capacity gave them access to higher-value products such as diesel that can be sold into new markets like Europe.Expanding to the US with a Houston office in 2027 will help achieve its volume targets, bin Thalith said. AGT has started a petrochemicals trading desk and will expand it as Adnoc builds its presence in that industry internationally and with plants on the US Gulf coast, he said.“Once you tap into a market such as the US where most of the products are exported, then that will give you a big boost,” he said.AGT is a joint venture between Adnoc, Italy’s Eni SpA and Austria’s OMV AG. Those partners also operate the emirate’s refinery at Ruwais on the Arabian Gulf coast, with capacity to process more than 900,000 barrels of crude a day. Some of the refinery’s gasoline, diesel and jet fuel is used domestically, but the majority goes for export.“We own the full value chain, from the well all the way to the distribution, and trading comes in and takes advantage of the whole operation,” bin Thalith said. “When you have one of the biggest refineries in the world behind you, that’s a very good thing to start with” and helped the trader be profitable “from day one,” he said.Adnoc and Saudi Aramco are both expanding their trading units in an effort to maximise profits and replicate the success of international firms such as Shell Plc and BP Plc. Another business called Adnoc Trading that’s wholly owned by the Middle Eastern producer, deals in crude oil and liquefied natural gas.International oil companies have long profited from selling on the open market crude from fields they operate and fuels from their own refining networks. That business, known as trading the system, gives the oil companies a base around which to buy and sell fuels produced by others, create hedges and react to market opportunities, a model the Middle Eastern producers are seeking to follow.“If you look at other companies that have those mega systems, they have a ratio of one system barrel to three non-system barrels,” bin Thalith said. “So we’d like to reach that point.” Regional rival Aramco Trading moved 7.3mn barrels a day of crude oil and refined products in 2024. Vitol Group the world’s largest independent trader, had a similar volume last year.Some traders have struggled make money this year due to price volatility caused by geopolitics rather than pure market fundamentals.“People confuse volatility with uncertainty and they’re not the same,” bin Thalith said. “Uncertainty is something like sanctions, like trade wars, that you don’t know when it’s going to end and it impacts you in a way that is different than the normal movement of the market.”

Gulf Times
Qatar

Jordan’s Social Development Minister says World Summit for Social Development in Doha revives global focus on development agenda

Jordan's Minister of Social Development, Wafa Bani Mustafa affirmed that the Second World Summit for Social Development, currently underway in Doha, holds great importance not only for the Arab region but for the entire world, serving as a reminder of the social development agenda, which is often overshadowed by other global priorities.In remarks to Qatar News Agency (QNA) on the sidelines of her participation in the Second World Summit for Social Development, Jordan's Minister of Social Development explained that this session comes at a time not far from the completion of the implementation of the Sustainable Development Agenda, through which countries of the world are expected to achieve the 17 Sustainable Development Goals (SDGs) adopted by all United Nations member states.She highlighted the importance of the State of Qatar's hosting of the Summit and of issuing, according to the agreement of the participating countries, a Doha Political Declaration. She noted that the discussions focused on key issues related to social protection, employment opportunities, youth care, empowerment of women and persons with disabilities, in addition to the importance of early preparedness for social responses to crises and shocks. She emphasized that this summit represents a true opportunity to learn from various experiences and to develop national mechanisms for social response.Regarding her country's efforts in the issue of persons with disabilities, she told QNA that Jordan is one of the pioneering countries in integrating persons with disabilities into society. She pointed out that Jordan hosted the Third Global Disability Summit (GDS 2025) earlier this year, which resulted in the "Amman-Berlin Declaration," one of the declarations that highlighted the importance of inclusion, integration, and the allocation of budgets within national development programs.She underlined that the Jordanian Ministry of Social Development works on disability issues as part of an integrated national system, specializing in the transition from institutional and residential care to family and community-based alternative care. This approach, she said, is at the core of the integration process and aims to prevent the exclusion and isolation of persons with disabilities.She also referred to Jordan's Law on the Rights of Persons with Disabilities of 2017, which led to the creation of a national strategy and a ten-year plan aimed at ending institutional care by the end of 2027.She noted that, as a leadership of the National Social Protection Strategy, the Ministry of Social Development oversees an important pillar called "FORSA" (Opportunity), which includes an executive plan for the employment of persons with disabilities. This initiative focuses on qualifying and training this group for decent and empowering job opportunities, enabling them to achieve the main goal of living independently, she added.Jordan's Minister of Social Development, Wafa Bani Mustafa, stressed the importance of early investment in enhancing social services and in training and rehabilitating persons with disabilities, with the aim of reducing future costs and empowering this group to have independent sources of income and to live just like any other segment of society.

A war that began two-and-a-half years ago between the RSF and the Sudanese army has caused severe hunger and malnutrition to spread across Sudan, as well as displacing millions of people and triggering waves of ethnically charged violence in Darfur. Anadolu Agency
Region

Hunger monitor confirms famine in Darfur's El-Fasher and one other city

El-Fasher taken by paramilitary force late last monthFood supplies had been cut off during long siegeUN-backed monitor first confirmed famine in Darfur last yearA global hunger monitor on Monday confirmed famine conditions in El-Fasher, the Sudanese city taken by the paramilitary Rapid Support Forces (RSF) after a lengthy siege, as well as Kadugli, another besieged city in Sudan's south. The finding is the first time the UN-backed Integrated Food Security Phase Classification (IPC) has determined that the cities are in famine, though in December it had confirmed famine in camps for displaced people in El-Fasher, capital of North Darfur.A war that began two-and-a-half years ago between the RSF and the Sudanese army has caused severe hunger and malnutrition to spread across Sudan, as well as displacing millions of people and triggering waves of ethnically charged violence in Darfur. The IPC is the internationally recognised standard for measuring the severity of hunger crises, and its findings have provoked criticism from Sudan's government, which is backed by the army.The IPC's first determination of famine during the conflict was for the Zamzam displacement camp south of El-Fasher in August 2024. El-Fasher was subject to RSF assaults and besieged for about 18 months before it fell late last month, deepening a geographical split in Sudan. During the siege, residents said food supplies were cut off, forcing people to eat animal feed and sometimes animal hides. Places where people gathered for community kitchen meals were targeted by drone attacks, they told Reuters.As a result, all children arriving in the nearby town of Tawila after fleeing El-Fasher were malnourished, MSF project coordinator Sylvain Pennicaud told Reuters on Monday, while adults arrived emaciated. International Criminal Court prosecutors said on Monday they were collecting evidence of alleged mass killings and rapes after El-Fasher's fall. The head of the Red Cross said history was repeating itself in Darfur.Monday's IPC report, based on analysis for September 2025, said Tawila, as well as Mellit and Tawisha, two other destinations for people fleeing El-Fasher, were at risk of famine. The IPC said the overall number of Sudanese facing acute food insecurity declined by 6% to 21.2 million people - or 45% of the total population - due to gradual stabilisation and improved access in central Sudan, where the Sudanese army took control at the start of the year.However, the situation deteriorated in the Darfur and Kordofan regions as fighting concentrated there, depriving people of livelihoods, increasing prices, and driving displacement, IPC said. Global aid cuts and bureaucratic impediments hobbling the ability of the United Nations and other aid agencies to provide food and other services have increased the humanitarian challenge in Sudan.Kadugli, capital of South Kordofan state, has been under siege by the RSF-allied SPLM-N armed group, though hunger has been spreading there since the start of the war.The wider Kordofan region has increasingly become a focus of the war as it lies between RSF-dominated Darfur and the rest of the country, where the army holds sway. The IPC said the nearby city al-Dalanj could also be in famine, but a lack of data prevented a determination. On Monday, a Red Crescent official said three volunteers in a city in North Kordofan state that was taken over by the RSF, who were shown being beaten in a video clip, were later killed.The RSF has denied responsibility for alleged summary executions.

Gulf Times
Sport

ACBS President praises Qatar's exceptional organization of World 10-Ball Championship

President of the Asian Confederation of Billiard Sports (ACBS), Mohamed Salem Al Nuaimi, praised Qatar's outstanding organization of the Qatar World Cup 10-Ball Championship 2025, describing the event as a clear demonstration of the country's exceptional ability to host major global tournaments at the highest international standards.In a press statement, Al Nuaimi said this edition of the championship ranks among the best in the history of World 10-Ball events — both in terms of the number and caliber of participants, and the high technical level displayed throughout the competitions up to the semifinals.He stressed that Qatar, represented by the Qatar Billiard Sports Federation (QBSF), continues to deliver world-class organization of international tournaments, adding that the success of this championship reflects Qatar's strategic vision and long-term commitment to hosting major sporting events.Al Nuaimi emphasized that the championship's success was no coincidence, but rather the result of tireless work by all organizing committees and highly skilled Qatari professionals, whose vast experience in managing international competitions has earned praise from players and global officials alike. He underlined that such professionalism has firmly established Doha as a global hub for billiards and snooker.He pointed out that the tournament witnessed intense and exceptional competition from start to finish — from the preliminary rounds to the main draw and knockout stages — which saw several world champions and top-ranked players exit early, further underscoring the exceptional standard of play.The ACBS President affirmed that this year's edition of the World 10-Ball Championship has made a significant contribution to the global growth of the sport, commending the QBSF's pivotal role in advancing billiards and snooker regionally and internationally.He noted that Doha has once again proven itself as the sporting capital of the world, thanks to its world-class infrastructure and highly professional organization across all sports, particularly billiards and snooker. He also highlighted that Doha holds the rights to host the World 10-Ball Championship for five consecutive editions, through 2028.Al Nuaimi praised the progress of Qatari players, noting their strong performances in both the preliminary and main rounds. He commended Ali Al Obaidli for his impressive showing, reaching the Round of 64 before being eliminated by top-ranked and former world champions.He revealed that, following the conclusion of the World 10-Ball Championship, Doha will host the World Snooker Championship from November 3 to 13, with the preliminary rounds to be held at the Federation's hall before moving to the newly refurbished Ezdan Palace Hotel from November 8 for the main stages.Expressing confidence in Qatar's national team, Al Nuaimi — who also serves as Secretary-General of the QBSF — said he expects strong performances from the Qatari players, led by world champion Ali Al Obaidli, who possesses the experience and determination to make another deep run following his 2023 world title.In conclusion, Al Nuaimi reaffirmed that the Asian and Qatari federations continue to work closely to develop the sport both locally and continentally, stressing that Qatar will always remain at the forefront of nations hosting world-class sporting events that go beyond organization to deliver inspiring, exceptional experiences for the global sporting community.

Gulf Times
Qatar

Qatar showcases its climate change adaptation

The Ministry of Environment and Climate Change showcased Qatar’s experience in planning and implementing climate change adaptation strategies at a dialogue session titled “Responses to Climate Change Adaptation and New Support Structures”, held as part of Global Green Growth Week 2025 in Seoul, South Korea. The ministry was represented at the session by Head of the Climate Change Mitigation Section at the Climate Change Department, Mohammed Omar al-Badr. He presented to the participants the most prominent successful national experiences and practices implemented by Qatar in the field of national climate change adaptation planning, as well as its ongoing efforts to build capacity and enhance the resilience of vital sectors most affected by climate events. Al-Badr also addressed the lessons learned from Qatar’s experience in developing and implementing adaptation strategies, emphasising the importance of co-operation between the public and private sectors to achieve national goals in the areas of sustainability and mitigating the effects of climate change. He affirmed that Qatar continues to adopt innovative policies and initiatives to support the green economy and promote sustainable investments, in line with Qatar National Vision 2030. The Global Green Growth Week is one of the most prominent international platforms for discussing environmental challenges and reviewing solutions and policies aimed at achieving sustainable development. It witnesses broad participation from representatives of governments, international organisations, research institutions, and experts in the fields of environment, energy, and green finance.

Arhab Ghandour speaking at the 2025 HSBC Global Economist Roadshow recently.
Business

Qatar poised to lead GCC growth in 2026: HSBC economist

The 2025 HSBC Global Economist Roadshow, brought together almost 100 clients, partners, and senior executives to discuss global economic trends and Qatar’s strengthening role as a driver of growth and innovation across the Gulf.Opening the event, Arhab Ghandour, HSBC Qatar Chief Risk & Compliance Officer, said: “Built on strong fundamentals and a clear national vision, Qatar’s economy continues to navigate change with purpose.“Our commitment to Qatar’s future is long-term and strategic, and our relocation to Msheireb underscores our belief in innovation, sustainability, and progress. Together with our partners and clients, we are helping shape what comes next.”Rising gas production and strategic reform choices are set to make Qatar GCC’s fastest-growing economy in 2026, HSBC noted.Held amid a complex global environment marked by geopolitical shifts, evolving trade corridors, and technological disruption, this year Roadshow provided insights into the opportunities and challenges shaping the world economy and their implications for Qatar and the wider region.Sharing insights on global and regional trends, Janet Henry, HSBC Global Chief Economist, said: “The Fed should be able to cut rates by another 50bps as the softening labour market tips the balance back to easing, but with sticky inflation and a relatively resilient economy supported by fiscal stimulus, the markets seem to be pricing in too many rate cuts in 2026.”Paul Mackel, HSBC Global Head of FX Research, added that “the US dollar has had a volatile year so far, initially riding on a wave of optimism before suffering one of its largest defeats. The outlook still points to a soft USD in the months ahead.”Meanwhile, Simon Williams, HSBC Chief Economist for CEEMEA, commented: “Rising gas production will see already high levels of wealth rise further in the coming two years, and should position Qatar as the fastest-growing economy in the Gulf next year. Momentum in the non-gas sector will depend on the strategic choices policymakers take to give Qatar an edge in what has become a highly competitive region.”The event reaffirmed HSBC’s role as a trusted partner supporting Qatar’s long-term vision for sustainable growth, diversification, and innovation as we as its role in helping clients navigate change and capture opportunity.

Gulf Times
Qatar

Qatar joins Global WHO Alliance for Food Safety

Qatar has officially joined the Global Alliance for Food Safety for the period 2025 to 2027.The alliance brings together leading countries in the field of food safety and the World Health Organization's (WHO) collaborating centres, with the aim of enhancing coordination, knowledge exchange and integration of efforts in implementing the Global Strategy for Food Safety 2022-2030.The network focuses on monitoring food-borne diseases and detecting food contamination.The announcement of Qatar's accession was made during the participation of the Ministry of Public Health in the Alliance's annual meeting, which was recently held in Muscat, Sultanate of Oman.The meeting brought together representatives from more than 40 countries and around 90 participants from regional and international organizations collaborating with the World Health Organization, as well as national institutions, research centres and academic bodies.The meeting served as a vital international platform to review achievements, share experiences, and define future priorities and steps, including opportunities for cooperation and resource mobilisation to support national and regional programmes.During the meeting, it was also announced that a group of specialists from the Food Safety Department at the Ministry of Public Health would join four working groups covering various areas to support the alliance's programmes and enhance the exchange of expertise among member states.Director of the Food Safety Department at the Ministry of Public Health Wasan Abdulla al-Baker stated, "Our participation in the Alliance's annual meeting represents an opportunity to strengthen international co-operation and exchange expertise and best practices in the field of food safety"."It also enables us to contribute effectively to accelerating the implementation of the Global Strategy for Food Safety 2022-2030, enhance Qatar's global role in the field of food safety, broaden its vision within the international community and increase its impact in promoting global food safety standards," she added.Qatar's accession to the alliance reflects the country's commitment to actively contributing to international efforts to enhance food safety through the development of partnerships and capacity building among member states.This will help to strengthen national capabilities, achieve the goals of the Global Strategy for Food Safety 2022-2030 and reduce the health risks posed by food-borne diseases at both national and international levels.

Gulf Times
Qatar

Katara hosts Turkish cultural, music evening

Katara Cultural Village has organised a Turkish cultural evening in collaboration with Katara-chaired Global Public Diplomacy Network (GPDNet), the Turkish embassy in Doha, and the Yunus Emre Turkish Cultural Centre.A number of ambassadors, members of the diplomatic corps, an audience from the Turkish community, and lovers of oriental music in Qatar were in attendance.The evening, marking the Turkish Republic Day commemoration, featured interaction from the public, rejoicing to the cultural atmosphere, with Turkish singer Zehra Ozgelik performing heritage and contemporary song compositions that ranged from *muwashshahs to patriotic songs, reflecting the cultural identity of Turkiye and its artistic richness.Addressing the event, Turkish ambassador Dr Mehmet Mustafa Goksu said that everyone celebrates this day as Turkiye approaches its second centennial, at an event elevated by the distinguished presence and patriotic spirit of attendees, creating an unforgettable occasion.Yunus Emre Turkish Cultural Centre (Doha) director Anwar Cidek highlighted that music is a global language that unifies peoples and brings cultures together.He noted that through its programmes, the centre strives to promote cultural exchange between Turkiye and Qatar.The evening is part of a series of joint cultural events that Katara holds with the Turkish embassy and the centre in Doha, manifesting the depth of historic and humanitarian ties between the Qatari and Turkish peoples, aiming to shore up bilateral cultural dialogue through arts and innovation. – QNA