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Sunday, May 24, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "sector" (53 articles)


Qatar’s hospitality sector added 718 hotel rooms in the first half of 2025, taking total supply to 41,463 rooms. Approximately 60% of this supply consists of international branded hotels, Knight Frank said in its latest report.
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Qatar’s hospitality sector on track to reach 44,562 rooms by 2027 as tourism remains ‘buoyant’

Qatar’s hospitality sector, the present supply of which stands at 41,463 rooms, is on track to reach a total of more than 44,500 keys by 2027 as the country’s tourism remains “buoyant”, according to Knight Frank, a London-based global property consultant.Qatar’s hospitality sector added 718 hotel rooms in the first half (H1) of 2025, taking total supply to 41,463 rooms. Approximately 60% of this supply consists of international branded hotels, Knight Frank said in its latest report.“Now recognised as a leading regional lifestyle and leisure destination, Qatar is on track to reach 44,562 hotel rooms by the end of 2027, in line with the government’s national tourism strategy,” it added.In terms of performance metrics, the hotel sector has remained broadly “stable” over the past 12 months, it said, adding occupancy rates edged up to 70.7%, a modest 0.3% year-on-year increase, indicating steady demand.The ADR (average daily rate), however, softened slightly by 0.2%, to QR454. Nevertheless, RevPAR (revenue per available room) increased by 2.9%, reaching QR321, “signalling moderate but sustained profitability” within the sector, according to Knight Frank.Finding that the supply of rooms continues to expand, though at a more measured pace than the pre-2022 FIFA World Cup years; it said after adding 718 rooms in the first half of 2025, following the 1,020 keys added in 2024, the total supply has now reached 41,463 rooms.Occupancy has continued to grow across all segments, despite a slight increase in supply, driven by demand from regional tourists and business travellers, said Oussama El Kadiri, Partner – Head of Hospitality, Tourism and Leisure Advisory, Knight Frank. The report said the midscale and upscale segments of the hotel market remain the most active, driven by solid demand from regional tourists and business travellers.Meanwhile, upcoming mega events and enhanced air connectivity - courtesy of Qatar Airways - continue to boost international tourism sentiment.Additionally, the country’s commitment to diversifying tourism experiences through luxury shopping destinations, cultural hubs like Msheireb and Katara, and the active promotion of MICE (meetings, incentives, conferences and exhibitions) is further solidifying its position as a competitive hospitality hub in the region, it said.The strong regional and international footfall underpins Qatar’s strategic goal to diversify its economy and expand its non-oil sectors, the report said.The hospitality sector continued to demonstrate resilience, although there has been a marginal 0.2% dip in international arrivals year-on-year as of June 2025.Total visitor numbers reached about 2.63mn, down slightly from 2.64mn the same period in 2024. Nevertheless, the broader tourism landscape “remains healthy”, following a significant 24.6% surge in visitors in 2024, reaching 5.05mn, up from 4mn in 2023, according to the report.“This surge can be attributed to Qatar’s expanding global air connectivity through Qatar Airways, increased regional promotional campaigns, and the continued development of cultural, retail, and sports tourism offerings,” Knight Frank said.

Driven by the public sector, loans disbursed by the local banks in Qatar increased by 1.1% MoM to QR1,406.9bn in July, according to QNB Financial Services. Total public sector loans expanded by 4.5% MoM ( 9.5% on FY2024) in July.
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Public sector drives Qatar banks credit disbursement to QR1.4tn in July: QNBFS

Driven by the public sector, loans disbursed by the local banks in Qatar increased by 1.1% MoM to QR1,406.9bn in July, according to QNB Financial Services (QNBFS).Total public sector loans expanded by 4.5% MoM (+9.5% on FY2024) in July.The government segment (represents 35% of public sector loans) was the main driver for the public sector gains with an expansion of 7.2% MoM (+32.7% on FY2024), while the government institutions segment (represents 61% of total public sector loans) increased by 3.3% MoM (+0.4% on FY2024).Further, the semi-government institutions segment contributed immaterially, moving up by 1.1% MoM (-0.9% compared to FY2024) during July.Total private sector loans were flat MoM (+2.6% vs. FY2024) during July with negligible contribution across all segments.Outside Qatar loans were flat MoM (and compared to year-end 2024) in July, QNBFS said in its ‘Qatar Monthly Key Banking Indicators’.Loan provisions to gross loans moved up to 4.2% MoM in July, compared to 3.9% (as of year-end 2024).Loan provisions have increased 11.8% compared to year-end 2024 as banks have been provisioning for Stage 2 and Stage 3 loans mainly emanating from contracting and real estate sectors.On a positive note, Stage 3 loans have remained stable.Loans grew by an average 5.4% over the past five years (2020-2024), QNBFS noted.Banking sector total assets remained flat MoM (+3.4% vs. year-end 2024) in July 2025 at QR2.117tn.With loans growth outpacing deposits during July 2025, the loan-to-deposit ratio (LDR) came in at 134% compared to 132% in June.Public sector deposits climbed up by 0.6% MoM (+3.4% compared to FY2024) in July.Looking at segment details, the government segment (represents 34% of public sector deposits) moved up by 1.6% MoM (+4% compared to FY2024).On the other hand, the government institutions’ (represents 54% of public sector deposits) was flat MoM (+4.1% vs. FY2024), while the semi-government institutions’ segment (represents 12% of public sector deposits) increased by 1.9% MoM (-1.6% vs. FY2024) during July 2025.Non-resident deposits contracted by 3.2% MoM (-2.2% vs. FY2024) during July 2025. Non-resident deposits as a percentage of declined from 19.2% in June 2025 to 18.7% in July 2025 (FY2025: 19.5%).Private sector deposits remained flat MoM (+2.9% compared to FY2024) in July.On the private sector front, companies and institutions was flat MoM (Flat compared to FY2024). Moreover, the consumer segment also remained flat MoM (+5.2% compared to FY2024).The overall loan book increased by 1.1% MoM in July 2025, aided by public sector loans.Qatar banking sector liquid assets to total assets stood at 31% in July compared to 32% in June, which remains in a strong position, QNBFS said.

The most expensive apartments were located in Lusail’s Waterfront district (QR15,131 per sqm) and Viva Bahriya on The Pearl Island (QR14,987 per sqm), according to Knight Frank, a global property consultancy.
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Qatar records 114% annual jump in residential transactions in Q2: Knight Frank

Qatar saw a robust 114% year-on-year increase in residential transactions in the second quarter (Q2), indicating growing confidence among investors on resilient performance across the country’s real estate sector, according to Knight Frank, a global property consultancy.In its latest Qatar real estate market review, Knight Frank said both transaction volumes and values in the residential sector posted strong year-on-year growth.There were 1,844 residential sales in Q2-2025, totalling QR9.23bn, representing a 114% increase compared with the same period last year."Momentum in Qatar’s residential market is building again following a period of subdued activity after the 2022 FIFA World Cup," said Faisal Durrani, Partner – Head of Research, Middle East and North Africa, Knight Frank.Doha, Al Daayen and Al Wakra were among the best-performing municipalities: Doha alone recorded QR3.85bn of transactions, up 126% year-on-year, while Al Daayen and Al Wakra posted increases of 164% and 127%, respectively.In terms of property values, the apartment sector led the way, with average sales prices increasing by 3.5% year-on-year to QR13,270 per sq m, the report said.The most expensive apartments were located in Lusail’s Waterfront district (QR15,131 per sq m) and Viva Bahriya on The Pearl Island (QR14,987 per sq m).At the other end of the market, Porto Arabia registered the lowest average apartment price at QR11,696 per sq m, offering relatively accessible options in a prime waterfront setting.Villas saw a slight dip in values, with average prices down 4% year-on-year to QR6,745 per sq m. Among the key districts, Abu Hamour recorded the highest average villa price at QR8,434 per sq m, while Al Wukair remained the most affordable option at QR5,667 per sq m.The residential land segment also experienced robust growth during Q2-2015, Knight Frank said.Renewed investor interest in land plots, driven by good long-term development prospects and relative affordability in emerging areas, delivered sales totalling QR2.16bn across 598 deals, up 85% year-on-year.Significant gains were observed in Umm Salal, where volumes increased by 218%, followed by Doha (134%) and Al Wakra (102%)."The increase in transaction volumes, rising apartment values, and strong land sales activity suggest growing confidence among investors and end-users," it said.While challenges such as high interest rates and legacy oversupply remain, it said Q2 has seen a positive shift in Qatar’s residential market dynamics.As the flow of new stock slows and infrastructure investments continue, particularly in Lusail and surrounding zones, "we anticipate a gradual recovery in the medium term, notwithstanding any potential impact from the regional tensions in late June, which may yet materialise in the data over the summer months," it said.Longer term, with plans underway by the authorities to submit a bid for the 2036 Summer Olympic Games, there may yet be further national infrastructure investment, which will sustain economic growth over the medium to long term and inject additional positive momentum into the economy.

The increased maritime activities is indicative of the strong performance, especially of the non-hydrocarbons private sector and is in line with the objectives of Qatar National Vision 2030, as Mwani Qatar continues to implement its ambitious strategy to enhance the sector's contribution to diversifying the economy and strengthening the county's position as a regional trade hub.
Business

Qatar’s ports record robust performance in August; sharp upturn in ship arrivals, containers, cargoes and building materials handling

Qatar's maritime sector saw higher vessels traffic through its Hamad, Doha and Al Ruwais ports in August 2025, translating into robust expansion across containers, cargoes and building materials on both yearly and monthly basis, according to the official statistics.The increased maritime activities is indicative of the strong performance, especially of the non-hydrocarbons private sector and is in line with the objectives of Qatar National Vision 2030, as Mwani Qatar continues to implement its ambitious strategy to enhance the sector's contribution to diversifying the economy and strengthening the county's position as a regional trade hub.As many as 290 ships had called on Qatar's three ports in August 2025, which was higher by 21.85% and 8.21% year-on-year and month-on-month respectively.Hamad Port, whose strategic geographical location offers opportunities to create cargo movement towards the upper Gulf, supporting countries such as Kuwait and Iraq and south towards Oman, saw as many as 165 vessels call (excluding military) on the port in the review period. The three ports had seen a total of 2,045 vessels in the first eight months of this year.The general and bulk cargo handled through the three ports amounted to 254,528 freight tonnes in August 2025, which zoomed 129.25% and 8.58% on yearly and monthly basis respectively.Hamad Port – whose multi-use terminal is designed to serve the supply chains for the RORO, grains and livestock – handled as much as 108,026 freight tonnes of bulk and 120,710 freight tonnes of breakbulk in August this year. The three ports together handled as much as 1.3mn cargoes in January-August 2025.The container movement through three ports amounted to 126,481 twenty-foot equivalent units (TEUs), which surged 10.07% and 8.13% year-on-year and month-on-month respectively in the review period.Hamad Port, the largest eco-friendly project in the region and internationally recognised as one of the largest green ports in the world, alone handled 124,757 TEUs of containers handled this August. The three ports together handled a total of 986,240 TEUs of containers during January-August 2025.The container terminals have been designed to address the increasing trade volume, enhancing ease of doing business as well as supporting the achievement of economic diversification, which is one of the most important goals of the Qatar National Vision 2030.The building materials traffic through the three ports stood at 72,535 tonnes in August 2025, which zoomed 453.7% and 37.7% on an annualised and monthly basis respectively. The three ports together handled as much as 451,190 tonnes of building materials during the first eight months of this year.The three ports were seen handling 20,002 livestock heads in August 2025, which however showed 16.68% and 29.2% plunge year-on-year and month-on-month respectively. The ports had handled as many as 399,987 livestock heads during January-August 2025.The three ports handled 9,254 RORO in August 2025, which registered 14.35% and 27.69% contraction year-on-year and month-on-month respectively. Hamad Port alone handled 9,224 units in the review period. The three ports together handled as many as 78,869 units in the first eight months of this year.Qatar's automobile sector has been witnessing stronger sales, notably in heavy equipment, private motorcycles and private vehicles, according to the data of the National Planning Council.

His Highness the Amir Sheikh Tamim bin Hamad Al-Thani
Qatar

Amir issues decision establishing Qatar Award for Localisation in Private Sector

His Highness the Amir Sheikh Tamim bin Hamad Al-Thani issued on Monday Amiri Decision No. 27 of 2025 establishing the Qatar Award for Localisation in the Private Sector.The decision states that the award aims to foster healthy competition among private sector entities in the area of job localisation, by recognising establishments that have met nationalisation targets and contributed to realising Qatar's national vision. Additionally, it seeks to honor distinguished citizens working in the private sector, along with exceptional talents, visionary leaders, and innovative pioneers.Under the decision, a Board of Trustees will be formed within the Ministry of Labor to oversee the award's management, determine its criteria, define its categories and levels, and set the necessary procedures.The law is effective starting from its date of issue and is to be published in the official gazette.