Gulf Times Business
Oil prices extend gains as US-Iran peace hopes fade
Oil prices were slightly higher on Tuesday, gaining for a third straight session, as prospects for a US-Iranian peace deal dimmed after Tehran said it would adopt a more offensive stance and Washington ruled out extending a ceasefire deal, reports...
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Liberal trade policy seen to anchor Qatar’s food security resilience
Qatar’s commitment to open trade has become the decisive safeguard for its food supply, ensuring year round availability even amid global disruptions. In an interview held on the sidelines of the India Utsav 2026 celebration, Dr Mohamed Althaf,...
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ICAI Doha hosts session on cross-border wealth and RWA tokenisation
The Institute of Chartered Accountants of India (ICAI) Doha Chapter recently hosted a professional development session on ‘Future-Proofing Capital: CrossBorder Wealth & RWA Tokenisation’. The session was attended by some 100 members, reflecting the...
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Qatar–India remittance link bolsters financial inclusion
Qatar Post has taken a decisive step in its digital transformation strategy by partnering with India Post and the Universal Postal Union (UPU) to launch a new remittance service, enabling near real-time transfers from Doha to India. The initiative,...
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Breakeven oil prices seen key differentiator in GCC outlook
Gulf sovereigns are preparing to manage fiscal pressures as breakeven oil prices return to the spotlight, underscoring the region’s ability to adapt to shifting global dynamics, according to a senior ratings executive. Benjamin Young, managing...
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Women leaders driving QNB Group’s continued growth
The banking sector is undergoing one of the most significant periods of transformation in its history, according to QNB Group. Financial institutions across the world are navigating changing customer expectations, technological disruption, evolving...
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Doha Bank wins 2 accolades at Euromoney awards
Doha Bank continues to strengthen its position in retail banking and housing finance in Qatar with its customer-focused approachv earning the bank two prestigious titles at the Euromoney Awards for Excellence 2026. Through its focus on making everyday...
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QIIB wins 2 awards for innovation, mobile banking
QIIB continues to strengthen its record of institutional excellence and leadership in Islamic banking, adding two prestigious ‘Global Business Magazine Awards for 2026’ to its growing list of regional and international accolades. The latest awards are...
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Swiss Re warns on heatwave risks
Authorities failed to grasp the scale of risk to human life posed by heatwaves, the CEO of reinsurer Swiss Re was quoted as saying on Sunday, as some German states eased trucking restrictions to lower weather-related pressure on shipping. Europe, the...
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India central bank holds rates
of a diversified, knowledgebased economy.” Enrique Lizaso, co-founder and CEO of Multiverse Computing, stated: “The AI industry’s future relies on doing more with less by running powerful models efficiently, sustainably, and securely without being...
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Industrial sector PPI surges 2.75% in May
0.88%, and Rubber and Plastics Products by 0.49%. On the other hand, the decreases were observed in Refined Petroleum Products by 13.96% and Printing and Reproduction of Recorded Media by 4%. Compared with May 2026, the Manufacturing PPI in May 2025...
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Dandy completes book-building process ahead of IPO, QSE listing
Qatari dairy and food products firm Dandy has announced the successful completion of the book-building process as part of the preparatory steps for the public offering of its shares and listing on the Qatar Stock Exchange (QSE). The book-building...
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Rights issue via mobile app, select branches
LVQ operates as a central supply chain node in GWC Group’s integrated logistics network, connecting key trade corridors across Qatar, Saudi Arabia, the UAE, Oman, and Bahrain. The agreement with Safari Group is the latest in a series of...
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Al-Kaabi discusses energy co-operation with French economy minister
The Minister of State for Energy Affairs HE Saad Sherida al-Kaabi held a phone call yesterday with Roland Lescure, France’s Minister of the Economy, Finance, and Industrial & Energy Sovereignty. They discussed energy relations and co-operation between...
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Iraq to restore oil output to pre-crisis levels
Iraq plans to restore crude oil production gradually to the between 4.2mn and 4.3mn barrels per day, Iraq’s deputy oil minister for upstream affairs said in a statement on Sunday. The proposed increases would restore output to levels achieved before...
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Qatar Chamber, Thailand officials discuss trade and investment cooperation
Qatar Chamber first vice-chairman Mohammed bin Towar al-Kuwari held a recent meeting with Songsang Patavanich, the advisor of the Board of Trade of Thailand, and other officials in Bangkok. The meeting with Patavanich, who is also deputy chief of the...
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Chamber takes part in Arab-German Chamber board meeting, general assembly in Berlin
Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani has led a delegation to the joint meeting of the executive office and the board of directors, as well as the General Assembly Meeting of the ArabGerman Chamber of Commerce and Industry...
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Hormuz reopening seen unleashing pent-up Gulf grain demand
An interim US-Iran deal to end their months-long war and potentially fully reopen the Strait of Hormuz is likely to trigger a rush of grain imports to nations in the Arabian Gulf after months of reliance on longer, less efficient routes. A vital...
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Fertiliser ships face long backlog even after Hormuz reopens
An interim US-Iran deal to end their months-long war and potentially fully reopen the Strait of Hormuz is unlikely to immediately ease fertiliser flows as shipowners wait for more details to assess the safety of transits. A vital conduit for global...
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Dandy begins book-building for QSE entry
Dandy Ltd Company has kicked off a book-building process for a 40% stake sale and a planned listing on the Main Market of the Qatar Stock Exchange (QSE), after obtaining approval from the Qatar Financial Markets Authority (QFMA). The company, which...
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Hormuz disruption tops 100 days but GCC sovereigns hold ratings: S&P
GCC sovereign credit ratings have held firm despite the Strait of Hormuz disruption surpassing 100 days, with S&P Global Ratings citing elevated oil prices, alternative export routes and significant accumulated liquid assets as the factors keeping...
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World Bank lowers global growth forecast on Iran war impacts
The World Bank on Thursday lowered its global growth forecast to its lowest level since the pandemic, warning of the expanding economic impacts of the war in the Middle East on countries around the globe. Worldwide growth is now forecast to drop to...
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Invest Qatar showcases opportunities in Qatar
enhancing academic cooperation in the fields of science, culture and entrepreneurship, and supporting innovation ecosystems in both Qatar and Turkiye, by encouraging partnerships between startups and facilitating knowledge exchange, in addition to...
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Gulf Air sees travel demand recovering in summer
Bahrain’s national carrier has predicted travel demand through its hub will recover in coming weeks after the Iran war disrupted passenger flows across the region and forced the airline to halt operations. For July, “we’re seeing higher forward...
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Qatari Diar celebrates opening of SEVEN, completion of £1bn Southbank Place development in London
Qatari Diar has celebrated the opening of SEVEN, the final building at Southbank Place in central London, marking the completion of the landmark £1bn mixed-use development delivered in partnership with Canary Wharf Group. The milestone concludes a...
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QSE seen awaiting FTSE Russell index review
Qatar Stock Exchange (QSE) index closed this week down 2.41%, losing 255.7 points to settle at 10,335 points, compared to last the week. The decline was driven by pressure across most sectors, with the banking and financial services sector experiencing...
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ICAI Doha Chapter hosts ‘Embracing Challenge’ event with industry leaders and experts
The ICAI Doha Chapter recently conducted its flagship knowledge and networking event titled ‘Embracing Challenge’, engaging more than 120 members, professionals, and business leaders in thought leadership, industry insights, and professional...
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IMF flags central bank independence gaps across Middle East, Central Asia
Central banks in the Middle East, Central Asia and the Caucasus need stronger protection from political pressure and government financing demands to keep inflation in check, an International Monetary Fund paper said on Tuesday, as the Middle East war...
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