Air France-KLM to Take Majority Stake in Scandinavian Airline SAS
Air France-KLM plans to increase its stake in Scandinavian airline SAS to 60.5%, the latest step towards consolidating Europe’s fragmented airline sector as carriers seek…
Tag: BUSINESS
Qatar’s economy sees annual growth of 3.7%
Qatar’s economy expanded by 3.7 percent in real terms in the first quarter of 2025 compared to the same period a year earlier, driven primarily…
GCC, Japan begin 2nd round of FTA negotiations in Tokyo
The Gulf Cooperation Council and Japan have launched the second round of negotiations for a free trade agreement, with discussions focusing on enhancing economic cooperation…
World Bank Expects GCC Economic Growth to Rise to 3.2%
Gulf Cooperation Council (GCC) economies showed resilience in navigating global uncertainties while advancing economic diversification in non-oil sectors, the World Bank said on Thursday, projecting…
Qatar among top ten in 2025 Global Competitiveness Report
The National Planning Council (NPC) announced that the State of Qatar has made remarkable progress in its development journey by ranking 9th globally in the…
Pakistan, China Agree to Deepen Trade, Maintain Close Communication
Pakistan said on Wednesday it had agreed to deepen trade and investment with China, days after the end of a deadly conflict with India that…
Kuwait Plans to Return to Globat Debt Market
Kuwait plans to return to the global debt market this year and is expected to borrow between $10 to $20 billion during the current fiscal…
UK says Gulf trade deal next in line after sealing pact with EU
The UK government’s dealmakers are turning their attention to the Gulf after a series of trade agreements with Europe, Chancellor Rachel Reeves has said. On…
Qatar Airways Group announces record-breaking performance in 24/25 fiscal year
Qatar Duty Free delivered a 12% increase in sales turnover year-on-year, processing over15 million individual transactions. Qatar Airways Group has announced the strongest set of financial…
Agreements Signed to Develop Green Hydrogen in Oman
Oman’s Hydrom, the Public Authority for Special Economic Zones and Free Zones (OPAZ), and ACME Group signed on Sunday a Project Development Agreement and Usufruct…