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Sunday, December 07, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "policies" (7 articles)

PM participates in a Dialogue Session during the opening of the Wall Street Journal Tech Live Qatar 2025 Conference in Doha Tuesday
Qatar

Qatar aspires to become a service economy and a leader in the field of technology: PM

Qatar hopes to develop 50 AI-powered government services by 2029PM participates in discussion panel at opening of WSJ Tech Live Qatar 2025 Hosted for the first time in the Middle East and North Africa (MENA), the Wall Street Journal (WSJ) Tech Live Qatar 2025 kicked off Tuesday in the presence of His Excellency Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani.The Tech Live conference is the key technology event organised by the Wall Street Journal. It constitutes a high-level global platform to discuss the accelerating role of technology in shaping the future of business, regulatory policies, and innovation. It is attended by more than 200 leading figures, including top CEOs listed in the Fortune 500, investors, and leaders from the technology, media, entertainment, and finance sectors from around the world.The conference programme began with a panel discussion with His Excellency the Prime Minister and Minister of Foreign Affairs, moderated by CEO of Dow Jones, publisher of the Wall Street Journal, Almar Latour, which addressed the paths of digital transformation, economic diversification and the role of technology in enhancing the competitiveness of various sectors in Qatar.HE Sheikh Mohammed said that over the past decades, Qatar has become famous for its role as a link between East and West, and a regional center in the fields of logistics, aviation, politics, diplomacy and mediation, as well as its influential presence in the energy sector through access to various countries around the world. Qatar is pleased that Doha is the first stop for this conference outside the United States, which reflects the country's aspirations to enhance the diversification of its economy and consolidate a culture of innovation.His Excellency added that Qatar has hosted a series of technology events recently, from the Mobile World Congress to the Web Summit, which Qatar hosted for two consecutive years and is preparing to host again next year. Qatar's goal in creating these platforms is to bring together participants from across the region and attract others from the United States, Europe, and Latin America to learn about what Asia and Africa have to offer in this field.**media[389240]**He indicated that diversifying the national economy and making it more flexible and dynamic is one of the most important priorities. He noted that although Qatar is known as a hydrocarbon economy, data from recent years show that non-hydrocarbon sectors are now leading growth, which is what Qatar has been working on for many years. He pointed out at the same time that the Qatar Investment Authority is one of the most important tools in this path, at the level of diversifying sources of income and expanding the base of the economy towards new sectors.His Excellency also affirmed Qatar's endeavor to establish a strong foundation in the technology sector, as a sector that enables various other sectors. He said that considering the essential sectors in people's daily lives, such as health, education, logistics and financial services, they can be enhanced through technological empowerment. As a country, Qatar aspires to become a service economy and a leader in the field of technology. His Excellency indicated that during the past decades, Qatar has been able to build national entities that have a global presence; Qatar Airways has emerged as a prestigious international brand in the aviation sector, Qatar Energy has become a global player in the field of gas supplies, Qatar National Bank continues its presence extending to Southeast Asia, and Ooredoo operates in more than 20 countries.His Excellency said that despite Qatar's small size, its impact on the global stage has been very influential. Today, adding a technological dimension to this landscape will enhance and develop Qatar's economic performance, and building national entities in this sector is a priority for it. This makes it easier for Qatar to develop the digital infrastructure and make it a technology-friendly environment, in addition to the fact that the country's 5G network is among the most advanced globally. Leveraging these capabilities will bring about broad transformations in people's lives, in the course of business, and in various fields.His Excellency added that the Qatar Investment Authority's investments in technology companies abroad are one of the tools that will contribute to building an integrated environment within the country that allows the technology sector to flourish, thus enhancing the ability of local companies to grow and compete globally.HE the Prime Minister and Minister of Foreign Affairs noted that artificial intelligence will become an inevitable necessity, not just an option, within the next two years, indicating that Qatar has already begun to adopt these technologies within government agencies.In this regard, His Excellency added that Qatar has signed agreements with international companies to develop AI applications for public services. Qatar hopes to develop 50 AI-powered government services by 2029. Qatar is also working on introducing fundamental transformations in sectors where it has leading national entities, such as the aviation sector, to explore how AI can reshape this sector. 

Gulf Times
Business

Why silver price has been surging even more than gold

Gold has staged a dramatic rally this year as the US Trump administration’s unorthodox economic policies sent investors and central banks reaching for safe-haven assets. Right now, however, it’s silver that’s stealing the spotlight.A squeeze in supply of the precious metal had catapulted it to a 100% gain as of early December, while gold was up 60%. Both have been experiencing a surge in demand from investors seeking to hedge against political turbulence, inflation and currency weakness.Unlike gold, silver isn’t just scarce and beautiful: It also has many useful real-world properties that make it a valuable component in a range of products. With inventories near their lowest on record and investors still scrambling for more, there’s a risk of supply shortages that could impact multiple industries.Silver has soared this year. Who needs silver?Silver is an excellent electrical conductor that’s used in circuit boards and switches, electric vehicles and batteries. Silver paste is a critical ingredient in solar panels, and the metal is also used in coatings for medical devices. Sustained high prices could erode the profitability of industrial users and spur efforts to substitute silver components for other metals.Like gold, silver is still a popular ingredient for making jewellery and coins. China and India remain the top buyers of silver, thanks to their vast industrial bases, large populations and the important role that silver jewellery continues to play as a store of value passed down the generations.Governments and mints also consume large quantities of silver to produce bullion coins and other products. As a tradable asset, it’s much cheaper than gold per ounce, making it more accessible to retail investors, and its price tends to move more sharply during precious metal rallies. What makes the silver market unique? Silver’s varied uses mean its market price is influenced by a wide array of events including shifts in manufacturing cycles and interest rates and even renewable energy policy. When the global economy accelerates, industrial demand tends to push silver higher. When recessions loom, investors can step in as alternative buyers.The market is thinner than with gold. Daily turnover is smaller, inventories are tighter and liquidity can evaporate quickly. The silver stored in London is worth just shy of $50bn, while the gold is worth $1.2tn, though much of both are not available to borrow or buy for investors. For gold, the London market is underpinned by around $700bn of bullion held mostly by the world’s central banks in vaults of the Bank of England. This can be lent out when a liquidity squeeze hits, effectively making the central banks lenders of last resort — but no such reserve exists for silver. Why has silver rallied so much this year? Silver often moves in tandem with gold, but with more violent price moves. After the yellow metal surged in the early months of 2025, some investors pointed to the stretched ratio of prices between the two metals of more than 100-1. Silver’s apparent cheapness relative to gold was enough to encourage some investors to pile into the white metal.Heavy debt loads in major economies such as the US, France and Japan and a lack of political will to solve them also encouraged some investors to stock up on silver and other alternative assets this year, in a wider retreat from government bonds and currencies dubbed the debasement trade.Meanwhile, global silver mine output has been constrained by declining ore grades and limited new project development. Mexico, Peru, and China — the top three producers — have all faced setbacks ranging from regulatory hurdles to environmental restrictions.Global demand for silver has outpaced the output from mines for five consecutive years, while silver-backed exchange-traded funds have drawn in new investment. What was the silver squeeze that hit the market this year? Speculation earlier this year that the US would levy tariffs on silver led to a flood of the metal into vaults linked to the Comex commodities exchange in New York, as traders sought to take advantage of premium prices in that market.That contributed to a dwindling of available silver stocks in London, the dominant spot trading hub. Those stocks were further eroded as more than one hundred million ounces flowed into ETFs backed by physical bullion.With a spike of demand during the Indian festive season in October, the market suddenly seized up. The cost of borrowing silver surged to a record, while prices jumped.That tightness pushed London prices above other international benchmarks, helping to ease the squeeze. Traders are still monitoring for any potential US tariff on silver after the precious metal was added to the US Geological Survey’s list of critical minerals in November. 

Gulf Times
Qatar

Second World Summit for Social Development opens second day with plenary session on social development

The Second World Summit for Social Development opened its second day on Wednesday with a plenary session focused on the main global challenges and opportunities related to social development. During the session, participants emphasized the importance of strengthening international solidarity and placing humans at the center of social policies to achieve sustainable well-being among communities.They called for enhanced cooperation between countries and international institutions to develop comprehensive social policies, with a focus on investing in youth, women, and vulnerable groups to ensure sustainable social development and promote equality and justice.In this context, Minister of Family and Social Services of Turkiye Mahinur Ozdemir Goktas said that development is not measured solely by economic growth indicators, but also by social cohesion, citizens' quality of life, and human dignity.She added that Turkiye is working to achieve a balance between work, education, health, and social life, ensuring women's empowerment, protecting children, promoting active and healthy lives for youth and the elderly, and transforming social assistance from temporary support into a sustainable environment that encourages citizens' active participation in social development.Meanwhile, Minister of Social Development of Oman Dr. Laila bint Ahmed Al Najjar emphasized that true development begins and ends with humans, and that justice and equality are fundamental pillars for building a modern state.She explained that the Sultanate of Oman follows a comprehensive social strategy that includes combating poverty, promoting social integration, and distributing social benefits fairly, with a focus on supporting families, improving the professional environment for persons with disabilities and the elderly, and using data-driven assessments to enhance social policies.In turn, Minister of Family Affairs and Social Services Sanni Grahn-Laasonen stressed her country's full support for United Nations reform and its commitment to human rights and gender equality, with an emphasis on sexual and reproductive health and rights.She noted that Finland is a leader in social innovation, and that its investments in parental care, free education, school meals, and public childcare have contributed to improving quality of life and empowering women to participate in the labor market. She also emphasized the importance of youth and ensuring the rights of future generations to a dignified life and a sustainable future.

Gulf Times
Business

Need for people at forefront of energy policies and priorities: Al-Kaabi

His Excellency the Minister of State for Energy Affairs, Saad Sherida al-Kaabi has asserted the need to have people at the forefront of energy policies and priorities.Speaking at the opening panel discussion at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), Minister al-Kaabi said, “all our partners and colleagues in the room know that, we in Qatar, have had the same policy and view on how we see the business, how we see the transition, how we see the need for oil and gas for the future, and that has not changed.“We have announced that we cannot reach net-zero because we don’t think it is achievable.”Minister al-Kaabi stressed that energy should not be politicised, nor should be subject to changing politics.He said: “Unfortunately, a small part of this conference has changed with politics, and I think they are not looking at facts and realities. We shouldn't be following politics when we look at the lives of people for the future and how much energy we need for the future.”Speaking on regulations and trade barriers, Minister al-Kaabi reaffirmed Qatar’s opposition to Europe’s excessive regulations that will impose 5% of global turnover of companies that violate their planned Corporate Sustainability Due Diligence Directive (CSDDD).“We have announced very clearly, and I have spoken on several occasions, that if Europe does not look at how they can water down or cancel the CSDDD and still have a penalty of 5% of our total world turnover as a penalty, we will not be delivering LNG to Europe, for sure,” he noted.Minister al-Kaabi concluded his remarks by affirming that this is not just about oil and gas but rather affects any company doing business in Europe like Toyota (for example) can be impacted while delivering cars; this is why it is very important that Europe looks at this very seriously.The Minister was speaking during a session entitled: “Energy Realities: Securing the future in an uncertain world” with participation from Suhail al-Mazrouei, Minister of Energy & Industry of the United Arab Emirates, and Karim Badawi, the Minister of Petroleum and Mineral Resources of Egypt.

Gulf Times
Qatar

Qatar reiterates commitment to enhance multilateral cooperation to implement sustainable development goals

The State of Qatar affirmed that its commitment to strengthening international cooperation and multilateral action is rooted in its national policies and plans. This came in the statement delivered by a member of the State of Qatar's delegation participating in the 80th session of the United Nations General Assembly, Dana Younis Darwish, before the Second Committee of the General Assembly on Item 18 entitled 'Sustainable Development,' at the UN headquarters in New York. Darwish explained that the State of Qatar presented its fourth Voluntary National Review in July and affirmed its continuous commitment to take ambitious measures at the national level to implement its comprehensive vision for Qatar National Vision 2030. She pointed out that the State of Qatar has achieved many developmental accomplishments in the fields of education, digital transformation and innovation, healthcare, social inclusion and protection, and environmentally friendly facilities, adding that Qatar achieved 82 indicators across all 17 Sustainable Development Goals, in addition to achieving national health coverage exceeding 95% and ranking among the top 20 countries globally in wage equality. She affirmed that Qatar continues to work effectively with multilateral agencies to enhance international cooperation, respond to crises, and contribute to achieving the Sustainable Development Goals. She added that the presence of 14 UN offices at the UN House in Doha embodies this close cooperation with international organizations to achieve common goals. The State of Qatar continues its pioneering role in providing humanitarian and development assistance at the bilateral and multilateral levels, Darwish added, giving top priority to promoting and protecting the right to education, particularly in emergency situations, within its international development and relief programs. Darwish explained that Qatar spent approximately $4.8 billion in foreign aid between 2020-2024, the majority of which was directed to the least developed countries through pioneering initiatives such as the Education Above All program, which has reached more than 10 million children in 60 countries. The State of Qatar is also a major investor in the Accelerator Labs initiative, with a contribution exceeding $30 million, in partnership with the UN Development Programme, with the aim of finding community-based solutions to development challenges, she pointed out. Dana Younis Darwish reiterated the State of Qatar's unwavering commitment to strengthening efforts at all levels to accelerate the implementation of the 2030 Agenda for Sustainable Development and meet people's aspirations for sustainable and comprehensive development.

Gulf Times
Qatar

MoECC keen to preserve, protect Ozone layer

The Ministry of Environment and Climate Change (MoECC)continues its dedicated efforts to protect the ozone layer by adopting sustainable environmental policies, monitoring ozone-depleting substances, and promoting public awareness of this vital shield, an X post said.The ministry explained that it contributes to reducing harmful emissions and ensuring a safe environment for all, as part of its full support for international efforts aimed at preserving the ozone layer. Protecting the ozone layer is not a temporary task, but a long-term national commitment that reflects the state’s responsibility toward future generations.Accordingly, the MoECC has been organising awareness and training workshops for students, technicians and the community on related issues and topics. Besides, it has established the necessary legislation and constantly monitors the imports and exports of the materials that could potentially harm the ozone layer.The ministry supports the use of environment-friendly alternatives for refrigeration and air-conditioning systems. Other efforts include, organising training programmes for customs officers and border inspection personnel, conducts regular inspection of the targeted facilities, and monitor the consumption of related materials and substances in addition to submitting periodic international reports to ensure compliance."The International Day for the Preservation of the Ozone Layer falls on September 16. This year marks the 40th anniversary of the Vienna Convention a global model for science-based environmental action," the ministry's X post added.

Gulf Times
Qatar

Qatar affirms its policies, strategies work to empower women in all fields

The State of Qatar affirmed that, through its various sectoral policies and strategies, it has worked to empower women and provide them with full opportunities in all fields through an integrated approach that works to eliminate all forms of discrimination against women and girls, with an equal focus on social and economic aspects. This came in the statement of the State of Qatar, delivered by First Secretary at the Office of the Minister of State at the Ministry of Foreign Affairs Khalid Saeed Al Muqbil, during his participation in the interactive dialogue with the Special Rapporteur on the right to development, item 3, within the framework of the 60th session of the Human Rights Council in Geneva. He considered that the full and effective participation of women in all aspects of life, on an equal footing, is a fundamental and effective element for achieving development, and explained that while the United Nations Declaration on the Right to Development prohibits discrimination on the basis of gender, Sustainable Development Goal 5 specifically emphasizes gender equality and the empowerment of women as a fundamental global goal for achieving sustainable development. He pointed out that Qatari women, at the national level, play a pivotal role in comprehensive development, and enjoy government support that focuses on empowering them in various economic, social, and political sectors, within the framework of Qatar National Vision 2030, which aims to build a sustainable society capable of achieving economic growth and social well-being. He highlighted the State of Qatar's hosting of the Second World Summit for Social Development in Doha in November 2025, expressing hope that this important global event will constitute an opportunity to enhance the full and equal participation of women in efforts to achieve and sustain development. The First Secretary at the Office of the Minister of State thanked the UN Special Rapporteur on the right to development, Surya Deva, for his valuable efforts in carrying out his mandate.