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Sunday, April 05, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "Gulf" (76 articles)

Gulf Times
Qatar

GCC states agree to harness capabilities to protect Qatar

The Supreme Council of the Gulf Cooperation Council (GCC) held an extraordinary session Monday in Doha, chaired by His Highness the Amir Sheikh Tamim bin Hamad al-Thani.The session was attended by Vice President of the United Arab Emirates (UAE), Sheikh Mansour bin Zayed Al Nahyan; Sheikh Abdullah bin Hamad Al Khalifa, the Personal Representative of King of the Kingdom of Bahrain; Crown Prince and Prime Minister of the Kingdom of Saudi Arabia Prince Mohammed bin Salman bin Abdulaziz Al-Saud; Deputy Prime Minister for Defense Affairs of the Sultanate of Oman Shihab bin Tarik bin Taimur Al Said; Crown Prince of the State of Kuwait Sheikh Sabah Khaled Al-Hamad Al-Sabah, and GCC Secretary-General Jasem Mohamed Albudaiwi.The GCC Supreme Council discussed the repercussions of the Israeli aggression against the sisterly State of Qatar and the blatant violation of its sovereignty by Israeli occupation forces, which targeted residential facilities housing members of the negotiating delegation from the political bureau of Hamas. This occurred during the current round of negotiations and the mediation undertaken by Qatar to reach an agreement regarding Gaza. The attack resulted in the martyrdom of Badr Saad Mohammed Al Humaidi Al Dosari, a member of the security services, and caused civilian casualties.he attack also endangered the lives of civilians in a residential area crowded with schools, diplomatic missions, and kindergartens. This constitutes a flagrant assault on the efforts of the international community and its organisations aimed at achieving a ceasefire in the Gaza Strip and the release of hostages and detainees, and is a blatant violation of international law.Here is what they agreed upon: 1. The Supreme Council condemned in the strongest terms the Israeli aggression and the flagrant violation of the sovereignty of Qatar, affirming that this act of aggression represents a dangerous and unacceptable escalation, and a grave breach of the principles of international law and the Charter of the UN.2. The Supreme Council affirmed the complete solidarity of the GCC states with Qatar in all measures it takes to confront this aggression. It stressed that the security of the GCC states is indivisible, and that any attack on one of them is an attack on all, in accordance with the Basic Statute of the GCC and the Joint Defense Agreement, and the readiness of the member states to harness all capabilities to support the sisterly State of Qatar and protect its security, stability, and sovereignty against any threats.3. Proceeding from the principle emphasised by the Basic Statute of the GCC that the security of the Cooperation Council is indivisible, the leaders have directed the GCC Joint Defense Council to hold an urgent meeting in Doha, to be preceded by a meeting of the Higher Military Committee. The purpose is to assess the defense posture of the member states and the sources of threat in light of the Israeli aggression against the sisterly State of Qatar, and to direct the Unified Military Command to take the necessary executive measures to activate joint defense mechanisms and Gulf deterrence capabilities.4. The Supreme Council affirmed that the brutal Israeli aggression against the sisterly State of Qatar constitutes a direct threat to joint Gulf security and to regional peace and stability. The council believes that the continuation of these aggressive policies undermines efforts to achieve peace and the future of existing understandings and agreements with Israel, due to the serious repercussions this carries for the stability of the entire region.5. The Supreme Council warned that Israel's persistence in its criminal practices and its flagrant disregard for all international norms, laws, and the Charter of the UN, will lead to serious repercussions that threaten regional and international peace and security. The Supreme Council called on the Security Council, the international community, and influential nations to assume their full responsibilities and take firm and deterrent measures to stop these violations, which have undermined the prestige of international law and the authority of its institutions. The Supreme Council underscored that these actions represent a dangerous precedent that should not be overlooked or allowed to pass without the imposition of deterrent international sanctions.6. The Supreme Council stressed the necessity for the international community to fulfill its moral and legal responsibilities and to act urgently to deter Israel and put an end to its repeated violations of international law and international humanitarian law, which constitute a direct threat to the security of the region and to international peace and stability. It called on all countries and international organisations to condemn this sinful aggression and to take deterrent measures that ensure respect for the sovereignty of Qatar and the protection of civilians, both citizens and residents.7. The Supreme Council commended the efforts made by the security authorities, the Civil Defense, and the competent agencies in Qatar for their immediate handling of the incident, containing its repercussions, and safeguarding the safety of citizens and residents.8. The Supreme Council affirmed that this attack obstructs the tireless efforts undertaken by Qatar and its role in mediating a ceasefire in the Gaza Strip, the release of hostages and detainees, and the alleviation of the suffering of the brotherly Palestinian people. It underlined that the repeated Israeli aggressions against several countries in the region constitute a serious obstacle to international and regional efforts aimed at establishing security, peace, and stability.9. The Supreme Council stressed the necessity of adhering to the foundations and principles stipulated in the Charter of the UN, international treaties and agreements, the principles of good neighbourliness, respect for the sovereignty of states, non-interference in their internal affairs, resolving disputes by peaceful means, and refraining from the use or threat of force.10. The leaders expressed their thanks and appreciation to the brotherly Arab and Islamic nations, and to friendly countries in the international community, which were quick to condemn the brutal Israeli aggression and declare their solidarity with Qatar. They affirmed that these positions reflect a collective commitment to rejecting the violation of states' sovereignty and to supporting efforts aimed at protecting regional and international security and stability.11. The Supreme Council called upon the peace-loving nations of the world to condemn the brutal Israeli aggression against Qatar and its attempts to obstruct international efforts and diplomatic solutions aimed at stopping Israeli attacks and the crimes of genocide it practices in the Gaza Strip. These crimes, the Supreme Council underscored, include systematic policies of displacing and starving the population, disrupting the work of international relief and humanitarian organisations operating in the Gaza Strip, and killing journalists, medical and ambulance crews, rescue teams, and humanitarian workers. The Supreme Council stated that this requires the consolidation of all international efforts to deter these criminal acts.

Gulf Times
Sport

Tickets for AGCFF U-17 Gulf Cup Qatar 2025 are now on sale

Tickets for the AGCFF U-17 Gulf Cup Qatar 2025 are now on sale. Fans can purchase tickets online from tickets.qfa.qa, starting from QAR 10. All tickets will be digital.The tournament will take place in Qatar from 20 September to 3 October, bringing together young football talents from the region to compete for the coveted trophy. This is the first time that the competition is being held under the auspices of the Arab Gulf Cup Football Federation (AGCFF).“The U-17 Gulf Cup embodies our commitment towards nurturing young, emerging football talents in the region. We are excited to build on the legacy created by the Arabian Gulf Cup – the region’s oldest national team competition – and encourage fans to show their support for these future stars in the making,” said Jassim Sultan Al Rumaihi, AGCFF Secretary General.A total of 15 matches will be played across two venues – Grand Hamad Stadium and Suheim bin Hamad Stadium. Both venues are accessible, ensuring a barrier-free experience for disabled fans.The Grand Hamad Stadium, with a capacity of 13,000, is currently the home ground for Qatar’s Al-Arabi club. The stadium was selected as the team base camp for the Brazil national football team during the FIFA World Cup Qatar 2022™. Meanwhile, the Suheim bin Hamad Stadium is home of the Qatar Sports Club football team. The 12,000-seater stadium hosted football matches during the 2006 Asian Games as well as various other high-profile matches during the AFC Asian Cup 2011™.Participating teams include the eight member associations of the federation and have been divided into two groups. Hosts Qatar will lead Group A, and will be joined by the United Arab Emirates, Oman, and Yemen. Iraq will lead Group B, and will play alongside Saudi Arabia, Bahrain, and Kuwait. The tournament will get underway on 20 September at Grand Hamad Stadium, 6pm, when Iraq face Kuwait. Hosts Qatar will play their first match, one day later, on 21 September at Grand Hamad Stadium, 6pm, against Yemen.The AGCFF U-17 Gulf Cup Qatar 2025 will kick off an exciting football season in the country, with a line-up of tournaments scheduled for the last quarter of 2025. Hosts Qatar, along with Saudi Arabia and the United Arab Emirates, have qualified for the FIFA U-17 World Cup Qatar 2025™, that will take place from 3-27 November at the state-of-the-art Competition Complex at Aspire Zone. This will be followed by the FIFA Arab Cup Qatar 2025™ from 1-18 December.For issues or complaints regarding tickets, fans can email: [email protected] purchase accessibility tickets, fans can email: [email protected] all information related to the AGCFF U-17 Gulf Cup Qatar 2025, follow @AGCFF on all major social media platforms.

Gulf Times
Sport

Qatar men to start Arab Gulf Padel Championship campaign against Oman

Qatar men’s team will start their Arab Gulf Padel Championship campaign against Oman at the Padel In - Aspire Zone Monday. The draw ceremony of the championship, which is being organized by the Qatar Tennis, Squash, Padel and Badminton Federation (QTSPBF), was held Sunday in the presence of the participating teams representatives. Saudi Arabia will take on the UAE while Bahrain will meet Kuwait. The five-day tournament will be held in three categories – men’s, women’s and juniors and conclude on September 19.In the women’s section, Bahraini will start against Oman Monday. The Saudi Arabia women will meet Kuwait, while in the third match of the opening day, Qatar women will play against the UAE.In a statement issued Sunday, QTSPBF Secretary General Tariq Zainal said the tournament will be a platform for strong competition and will reflect the significant development witnessed by padel in the region.Qatar teamsMen’s: Mohammed Saadoun al-Kuwari, Khaled Saadoun al-Kuwari, Mohammed al-Khenji, Hassan Wali, Rashid Nawaf, Meshari Nawaf, Rayan al-Jafari and Ali al-Saadi.Women’s: Hanan al-Abdulrahman, Maha Farmarzi, Salma Wali, Rawda al-Abdullah, Maryam al-Sulaiti, Hessa al-Mutawa, Atlal al-Abdulrahman, and Dana al-Mudhahka.

GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani.
Business

GWC wins MEED ‘Project of the Year’ award

Leading logistics services provider Gulf Warehousing Company has been named the ‘National Winner for Qatar’ in the wastewater treatment sector for its sewage water treatment plant in the GWC Bu Sulba Warehousing Park.The award was announced as part of the 15th edition of the annual MEED Projects Awards, held in collaboration with Mashreq Bank. This recognition qualifies the company for the regional stage, where the MENA winners will be announced on November 19.GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani said: “We are honoured to receive the MEED Projects Award at the national level, standing alongside a distinguished lineup of leading infrastructure projects across the Middle East and North Africa.“This prestigious recognition underscores the quality of our project and the dedicated efforts invested in developing sustainable infrastructure that supports Qatar’s development journey in line with the Third National Development Strategy and Qatar National Vision 2030.”He added: “This award not only celebrates our contribution to national development but also highlights the strategic importance of the Sewage Treatment Plant in the GWC Bu Sulba Warehousing Park. It marks a milestone in our ongoing commitment to upholding the highest sustainability standards, safeguarding the environment, and advancing sustainable development and support to the small and medium enterprises.”The Sewage Treatment Plant at GWC Bu Sulba Warehousing Park adheres to world-class standards for water treatment and sustainability best practices, effectively generating TSE Water (Treated Sewage Effluent) to irrigate plants and trees.Using TSE water for irrigation can improve soil fertility, reduce the need for chemical fertilisers, and conserve water resources, which promotes sustainable agricultural practices and aligns with Qatar’s sustainable development goals.The plant treats 456 cubic meters of water daily, ensuring a reliable and sustainable supply for irrigation systems. The recycled water is used to irrigate a total of 20,000 square meters of landscaped areas, including trees, shrubs, and grass.GWC Acting Group CEO Matthew Kearns stated: “This is the second award in just a few months for the Sewage Treatment Plant at the GWC Bu Sulba Warehousing Park, following its recognition in November 2024 as the ‘Best Water Recycling Initiative’ at the Tarsheed Energy Efficiency Forum, organised by Qatar General Electricity & Water Corporation (Kahramaa) as part of its National Programme for Conservation and Energy Efficiency (Tarsheed).“This achievement clearly highlights the project’s significance and serves as a strong motivation for GWC to continue advancing sustainable infrastructure, driving growth-oriented projects, and leading the development of the logistics services sector.”The annual MEED Projects Awards, in association with Mashreq, represent the pinnacle of recognition for the most outstanding projects across the Middle East and North Africa. The awards emphasise innovation, sustainability, and positive community impact, and have become a benchmark for excellence and achievement in the region.This year, some 87 projects across 17 categories were shortlisted following a thorough and impartial judging process that focused on engineering brilliance, technological innovation, sustainable practices, and the significant benefits these projects bring to society — reflecting the highest standards of quality, innovation, and impact.

Gulf Times
Qatar

Positron targets Middle East’s AI infrastructure with energy-efficient inference

Across the Gulf, governments are investing billions in sovereign AI initiatives, data center expansions, and smart city ecosystems. From NEOM’s greenfield infrastructure to Abu Dhabi’s G42-backed cloud services and Dubai’s push to embed AI in public services, the region is making AI central to its long-term economic leadership. But as these ambitions scale, they demand energy-efficient, high-performance infrastructure capable of running AI at national levels—without breaking the grids or the budgets. This challenge is prompting a closer look at energy-efficient alternatives to running AI models.This shift is already underway in the U.S., where trillions of dollars are being poured into data center infrastructure. With it, a wave of new players is emerging with hardware optimized for efficiency, scalability, and cost-effectiveness in AI workloads. One of the most promising is Positron, a startup with deep connections to capital partners behind well-known brands—two of the most compute-intensive sectors in AI. The company recently raised $51M to scale its inference accelerators, designed for high power efficiency, strong performance-per-dollar, and optimized memory bandwidth, key factors for large-scale inference deployment.As Middle Eastern nations plant their flags and chart the course of their AI futures, it’s worth looking for solutions beyond obvious hardware, like expensive, non-specialized GPUs. Positron’s recent deployments with leading US neoclouds like Cloudflare might be an indicator of the powerful and efficient infrastructure that will soon be deployed in many countries in the Middle East.Where AI Gets ExpensiveWhile hardware choices often focus on raw power or training benchmarks, the real costs and energy demands come after the model is trained. Inference, the phase where AI models are actually deployed and used, is what makes or breaks infrastructure strategies. And it’s where the gap between traditional GPUs and purpose-built systems becomes most apparent.In the training phase, models learn from data to make predictions and perform tasks. Inference is the subsequent phase where a trained model uses its knowledge to process new data and generate outputs like user prompts and synthetic content, or power customer-facing AI assistants. Where training is a one-time cost, inference is a continuous process that scales with every user interaction on every AI platform. And today, inference has become the largest and fastest-growing source of AI’s ongoing energy consumption.Positron is directly addressing this challenge with its inference system, designed from the ground up to maximize memory capacity and support large-scale deployment across neocloud platforms and enterprise environments. By focusing on efficiency, memory optimization, and compatibility, Positron is helping AI builders and infrastructure providers improve performance while working toward more energy-efficient operations.Rethinking AI’s Cost CurveToday, inference accounts for nearly 90 percent of all model-related workloads across both consumer and enterprise applications. Despite this, most inference is still being run on power-hungry general-purpose GPUs, which were originally designed to train large, flexible models, not for the demands of real-time, high-throughput inference workloads.This misalignment has created a hidden cost structure in which enterprises and cloud providers are forced to rely on expensive GPU hardware to perform repetitive, memory-bound inference tasks, often utilizing only a fraction of each chip’s capacity. This inefficiency inflates operating costs and puts additional strain on power grids in regions where energy management and infrastructure optimization are critical concerns.Positron’s answer to this problem is Atlas, a full-stack inference system that leverages reprogrammable FPGAs to maximize memory bandwidth and throughput. Atlas is designed to make more efficient use of memory bandwidth than standard GPUs, with a focus on improving cost-effectiveness and reducing energy consumption. The platform is already in use by neocloud companies, including Cloudflare and Parasail, where it’s powering large-scale inference workloads with no code modifications required.Strategic Funding to Scale AI AccessPositron just closed a $51.6 million Series A funding round led by Valor Equity Partners, Atreides Management, and DFJ Growth with participation from 1517 Fund, Flume Ventures, and Unless. The round brings the company’s total funding to $75 million and reflects growing investor confidence in inference-optimized infrastructure as the next major wave in AI.This funding will support the continued deployment of Positron’s first-gen product and accelerate the rollout of Titan, the company’s upcoming ASIC-based inference platform slated for release in 2026. Titan is being developed to support some of the largest and most complex AI models in use today, with a planned capacity of up to 16 trillion parameters and two terabytes of high-speed memory per chip. Its modular, high-throughput design is intended to address the growing demand for scalable, sovereign AI infrastructure in both enterprise and government deployments.Unlike traditional solutions, Positron’s hardware supports existing model binaries and APIs, minimizing the need for code rewrites or major system changes.Enabling Innovation in Emerging MarketsAs AI deployment expands beyond Big Tech and into broader enterprise and public-sector applications, the economic burden of inference is becoming increasingly visible. AI-driven tools are now reaching users across every geography and industry—but their accessibility still hinges on the cost and efficiency of the underlying computer infrastructure.By making inference more affordable and energy-efficient, AI will become accessible beyond the walls of Big Tech and elite research labs, which will open the door for a broader range of users to fine-tune open-source models and run them locally. This unlocks entirely new categories of use cases, from healthcare diagnostics in rural clinics to real-time translation in schools——applications that only become viable in power-constrained environments with energy-efficient inference solutions.This transformation is especially relevant in the Middle East, where governments are prioritizing both AI leadership and sustainability. By decoupling inference performance from power-hungry GPUs, Positron offers a path forward for building AI infrastructure that is both economically and environmentally aligned with the region’s strategic goals.The Future of AI InfrastructureLooking ahead, the next phase of AI evolution will not be determined by who can train the largest model, but by who can deploy it most efficiently. Inference is already the dominant workload—and its impact on cost, access, and infrastructure design is only accelerating. As AI becomes a foundational layer across sectors, the ability to serve models at scale—securely, affordably, and sustainably—will shape the region’s global economic posture.Positron’s inference-first architecture presents a credible alternative to GPU-dominated infrastructure. By designing systems tailored to how AI is actually used in production, the company is unlocking new opportunities for cloud providers, national governments, and enterprise platforms alike. In the Middle East, a region increasingly focused on energy efficiency, technological development, and AI infrastructure, this shift in architecture could power the next chapter of AI growth in digitally ambitious, resource-aware economies like those across the Middle East.

Secretary General of the Qatar Tennis, Squash, Padel and Badminton Federation Tariq Zainal and Qatar Rail’s Director of Communications and Public Relations Abdullah al-Mawlawi pose after the signing the sponsorship agreement.
Sport

Qatar to host Arabian Gulf Padel Championship from September 15 to 19

Qatar will host the Arabian Gulf Padel Championship Qatar 2025 from September 15 to 19, organised by the Qatar Padel Federation at the Padel courts in Aspire.Tariq Zainal, Secretary General of the Qatar Tennis, Squash, Padel and Badminton Federation, confirmed at a press conference on Wednesday that the tournament will feature competitions in three categories: men's, women's and juniors. The draw is scheduled to be held on September 14.During the conference, the Qatar Padel Federation announced the signing of a platinum sponsorship agreement with Qatar Railways Company (Qatar Rail) for the championship. The agreement was signed by Zainal and Qatar Rail’s Director of Communications and Public Relations Abdullah al-Mawlawi.Zainal expressed the Qatari Federation's pride in Qatar Rail's joining as a platinum partner of the Arabian Gulf Padel Championship, given its significant support for sports, athletes, and community work in Qatar.Zainal emphasised that this partnership reflects the integrated efforts of national institutions and the sports sector, which will give the federation greater momentum to continue developing padel and strengthening its presence in the Gulf, regionally, and internationally.Zainal also welcomed all participating delegations and players, stressing his full readiness to host this Gulf event and organize it according to the highest standards, thus consolidating Qatar's position as a leading sports destination in the region and the world.For his part, al-Mawlawi said: “We are delighted to co-sponsor this important event. Our participation as a platinum sponsor of the Arabian Gulf Padel Championship, hosted by the Qatar Padel Federation, is in line with our corporate social responsibility strategy and our constant commitment to supporting sporting events that contribute to spreading the culture of exercising and promoting a healthy lifestyle among community members.”He added that Qatar Rail believes in the pivotal role sports play in developing communities by improving the quality of life and ensuring the health and safety of its members. Through this sponsorship, "we reaffirm our commitment, particularly to padel, as well as supporting the development of Gulf sporting talents and efforts aimed at consolidating Qatar's position as a leading regional destination for hosting major sporting events."Al-Mawlawi continued, "We, in turn, look forward to contributing to providing the best possible conditions for organizing a successful tournament and enjoying the unique Gulf talent and competitions that the tournament will witness. We wish all the best to the participating teams and players."

Gulf Times
Business

QSE welcomes GCC IR Guidelines 2025; ought to attract quality institutional investments

The Qatar Stock Exchange (QSE) has welcomed the Gulf bourses' unified investor relations' (IR) guideline 2025, saying it is expected to enhance the collective ability to attract quality institutional investments at the local, regional, and international levels.The GCC (Gulf Cooperation Council) Financial Markets Committee launched the GCC exchanges unified investor relations’ guideline 2025.This guide aims to unify investor relations practices across the region, enhancing the quality and transparency of investor-focused communication in alignment with the global standards."We highly value this pioneering strategic initiative, which reflects the spirit of genuine cooperation and true integration among GCC financial markets, and represents a qualitative leap in the development of a unified and advanced investor relations framework in the region," said Abdulla Mohammed al-Ansari, chief executive officer of QSE.The issuance of this unified guide is a pivotal step toward embedding the highest standards of transparency, governance, and disclosure in financial markets, thereby enhancing our collective ability to attract quality institutional investments at the local, regional, and international levels, according him.The unified IR guideline provides listed companies with a structured framework for implementing transparent communication, effective disclosure, ESG or environmental, social and governance integration, and strategic stakeholder engagement.It is designed to support establishing credible investor relations functions and to strengthen engagement with both regional and international capital markets.The GCC financial markets committee, comprises Abu Dhabi Securities Exchange Group, Dubai Financial Market, Bahrain Bourse, Saudi Exchange, Muscat Stock Exchange, QSE, and Boursa Kuwait.The committee aims to support the growth of regional capital markets, create an advanced capital market ecosystem in the GCC region, and elevate their position on the global stage.

Gulf Times
Business

Qatar to host 7th GCC Businesswomen Forum in November

Doha will next month host the seventh Gulf Businesswomen Forum, organised by the Federation of the Gulf Cooperation Council Chambers (FGCCC), in association with the Qatar Chamber and supported by the GCC General Secretariat.The forum, to be held under the theme “Entrepreneurship and Sustainable Investment”, will take place from November 12 to 13, 2025, at the Mandarin Oriental – Msheireb, Doha.It aims to promote entrepreneurship and sustainable investment among female business owners in GCC countries by showcasing mechanisms that support their participation in sustainable investment.The forum also seeks to explore ways of transitioning from traditional models to more innovative, digital-based approaches, in line with the Gulf region’s broader shift towards a knowledge economy.Ibtihaj al-Ahmadani, a board member of Qatar Chamber, said the forum aims to economically empower Gulf women and strengthen their contribution to economic development across the GCC countries.She underscored the chamber’s commitment to organising this important forum, given the vital role businesswomen play in driving the Gulf economy, improving the business environment, and broadening horizons for investment and entrepreneurship—aligned with Qatar National Vision 2030 and the sustainable development strategies of the GCC countries.The forum serves as a valuable platform for Gulf businesswomen to exchange experiences and expertise, explore new opportunities for cooperation and partnership, and address the key challenges and prospects within various economic sectors.It also highlights inspiring success stories of female entrepreneurs and the main obstacles they encounter.Saleh bin Hamad al-Sharqi, secretary-general of the FGCCC, said the forum is being held at a significant time, amid a growing regional focus on empowering women and enhancing their role in leading entrepreneurial and investment ventures across the GCC countries.He reaffirmed the federation’s commitment to enhancing the economic role of women, stressing its firm belief that investing in Gulf women is an investment in a sustainable future and a diversified, competitive economy.

Gulf Times
Qatar

QNB honoured at GCC meet for role in supporting national employment

In recognition of its “outstanding efforts in supporting national employment and enhancing the participation of Qatari talents in the private sector”, QNB was honoured during the 11th meeting of the Gulf Co-operation Council (GCC) Ministers of Labour Committee, held recently in Kuwait.This recognition reaffirms QNB’s leading role in contributing to Qatar’s economic and social development by attracting national talent and providing quality job opportunities for Qatari youth.On this occasion, Khalil Ibrahim al-Ansari, executive vice president- HR Strategy and Integration, QNB Group Human Capital commented:“We are proud of this recognition, which reflects our strong commitment to supporting Qatar’s nationalisation plans and empowering Qatari talents to play a vital role in the private sector. Developing national human capital is a cornerstone of our strategy and long-term vision.QNB remains committed to its Qatarisation strategy through various initiatives and programmes that empower Qatari professionals, in alignment with Qatar National Vision 2030.QNB sponsors key initiatives in the financial sector in collaboration with academic and business partners, such as “Kawader Malia Programme,” which focuses on training and developing Qatari talent.

Gulf Times
Qatar

Qatar Charity honoured at GCC ministerial meetings in Kuwait

Qatar Charity (QC) was honoured in a ceremony accompanying the ministerial meetings of the ministers and heads of Civil Service, Labour, and Social Affairs Agencies in the Gulf Cooperation Council (GCC) countries, which took place in Kuwait. The honourary shield was received by QC CEO Yousuf bin Ahmed al-Kuwari, in the presence of several high-level dignitaries, including Kuwait's First Deputy Prime Minister and Minister of Interior Shaikh Fahad Yusuf Saud al-Sabah, and GCC Secretary General Jasem Mohamed Albudaiwi. Present also in the event were Qatar's Minister of Labour HE Dr Ali bin Samikh al-Marri, HE the Minister of Social Development and Family Buthaina bint Ali al-Nuaimi, and HE the President of the Civil Service and Government Development Bureau Abdulaziz bin Nasser al-Khalifa, along with other guests. QC was recognised as one of Qatar’s leading civil society organisations in the social and humanitarian sectors. The honour highlights its outstanding efforts in the fields of charitable and social work, as well as its tangible positive impact both locally and internationally. The honour also underscores QC's deep-rooted commitment to fulfilling its humanitarian responsibilities and achieving the goals of sustainable development. QC was also honoured in May with the GCC Housing Award for the 2024–2025 cycle, in the category of private sector and charitable organisations, during the 23rd GCC Housing Ministers Meeting in Kuwait.

Middle East security expert Hasan Alhasan spoke to Gulf Times. PICTURE: Shaji Kayamkulam
Qatar

'Qatar has important role to ensure Gulf security'

Qatar has an important role to play in ensuring Gulf security, especially in the emerging scenario since the open war between Iran and Israel because of its role as a conflict resolution player, noted a Middle East security expert.“The effort that Qatar is making alongside Egypt in bringing Israel and Hamas to a ceasefire in Gaza is extremely significant to de-escalating tensions in the region. So, I think that is an important role that Qatar plays,” Hasan Alhasan, senior fellow for Middle East Policy, International Institute for Strategic Studies told Gulf Times.He was interacting with Gulf Times on the sidelines of a panel discussion ‘Rethinking Gulf Security Following the Iran- Israel War,’ organised by the Middle East Council on Global Affairs.“Qatar is a member of the GCC and obviously it received a lot of GCC support and solidarity during the Iranian attacks at the height of the war. So, I think Qatar is an important diplomatic player and it is using its good offices to broker de-escalation in conflict resolution,” explained the official.As for the readiness of the GCC countries to face any emerging security threats, Alhasan noted that there is significant military modernisation in the Gulf States including Qatar.He feels that the recent war between Iran and Israel has direct security destabilising spillover effects for the Arab Gulf states and the Arab Gulf states are beginning to perceive it increasingly.“I think Israel actually presents more of a direct threat because of the fact that it seems to have embraced the view of the region as an open battleground. This has direct security destabilising spillover effects for the Arab and the Gulf States,” he said.Alhasan highlighted there is a significant improvement in GCC defence and military capabilities over the past few years.“However the GCC states may not be capable of addressing the threat posed by Israel specifically as they continue to rely on Western defence technology. They continue to rely on their defence and security partnership with the US and those might not prove fully effective in deterring and defending against potential, theoretical and hypothetical threats,” he continued.The expert stated that Qatar and the other GCC states are already part of a defence and security alliance, which is called the GCC. “The GCC has a mutual defence undertaking that unites all of the GCC states together. So, the GCC states already have this sort of commitment to defending one another against external threats,” he underlined.“The question is whether the GCC states are actually taking concrete steps and measures for further defence integration to make sure that they can act as a single army in case of conflict. And this is where I think a lot of the work will have to be done to bring GCC military and defence capabilities more closely together to operate cohesively as a single military unit in case of any conflict,” added, Alhasan.

Investors talk as they monitor screens displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh (file). Investors from beyond the Arabian Gulf accounted for 41% of total Saudi equities buying in the week ended August 28, one of the highest ratios on record, according to Saudi stock exchange data compiled by Bloomberg Intelligence.
Business

Foreign investors are making a bigger bet on Saudi stocks

Saudi Arabia’s battered stock market is looking increasingly attractive to foreign investors because of rock-bottom valuations and bets that the oil price won’t drop much further.Investors from beyond the Arabian Gulf accounted for 41% of total Saudi equities buying in the week ended August 28, one of the highest ratios on record, according to Saudi stock exchange data compiled by Bloomberg Intelligence.The flows signal that a rush of reforms making it easier for foreigners to buy Saudi stocks is working. For the time being, however, risks still have the upper hand with the Tadawul All Share Index down 11% year to date and domestic investors on the retreat, along with crude prices.Nishit Lakhotia, head of research at SICO Bank, said stock investors are currently pricing in a “worse-case scenario” for the Saudi market, which he expects to bottom out shortly, unless oil drops below $60 a barrel — which would amount to a roughly 10% drop from current levels.“We believe the momentum is still there in the economy, which does not warrant such depressed valuations,” he said. “While it’s hard to predict when exactly the market can turn, there will likely be a point — sooner than later — when smart investors will start buying.”The slump has made Saudi stocks look relatively attractive, with the benchmark index near the lowest price-to-earnings multiple in more than five years. Junaid Ansari, director of investment strategy and research at Kamco Investment Co, expects a sharp turnaround in sentiment from the fourth quarter, when investors start making allocations for 2026.“The Saudi market is an oversold market,” said Ansari. While foreigners have largely been net buyers, “the sellers are mainly institutions in Saudi Arabia which we believe are selling to focus on other investment opportunities in the Kingdom,” he said.Nevertheless, the weak oil market is weighing down Saudi assets. Brent crude is trading around $66 per barrel, well below the nation’s fiscal breakeven price of $94, according to Bloomberg Economics. If domestic investments by the kingdom’s sovereign wealth fund are included, the figure rises to $111.While foreigners accounted for about 35% of all Saudi stock purchases in August, continuing a strong trend, daily turnover on the market has dropped to the lowest level since 2023. This means that international investors are grabbing a bigger slice of a smaller pie.Still, the gloom over the kingdom’s stocks may be over-hyped, especially as a negative perception of earnings is in large part based on giants, such as Saudi Arabian Oil Company and Saudi Basic Industries Corp.Excluding Aramco and Sabic, Saudi stocks are showing roughly 7% profit growth, Kamco’s Ansari said. Even as the Tadawul index has declined, owners of Saudi National Bank and Saudi Telecom Co shares have seen 11% and 13% returns, respectively, so far this year.“Although earnings growth for 2025 and 2026 is among the lowest across emerging markets, valuations have become more attractive,” said Nenad Dinic, an emerging-markets equity strategist at Bank Julius Baer & Co Ltd.