Economy

Economy

Qantas says yes to 25% Qatari stake in Virgin Australia

Qantas is open to Qatar Airways’ 25% stake in Virgin Australia, fostering more competition as both airlines aim to strengthen their networks. Qantas’ focus remains on ultra-long-haul routes to Europe, bypassing the need for Gulf stopovers.
Abu Dhabi

Abu Dhabi’s Mubadala Capital secures $3.1bn for middle-market investments

Abu Dhabi's Mubadala Capital raises $3.1 billion for its private equity fund, targeting middle-market companies while expanding its global investment footprint. Recent acquisitions include Fortress Investment Group and Bugaboo.
Economy

Qatar’s economic power grows with LNG boost and diverse investments

TLDR: • LNG production drives revenue growth • Credit ratings reflect fiscal restraint • Non-oil sectors boost economic stability DOHA (The Thursday Times) — Qatar’s economy continues to...
Economy

UAE partners with IMF, vows contribution to poverty alleviation, climate funds

The UAE has signed two agreements with the IMF, contributing to funds aimed at poverty reduction and climate resilience.
Economy

IMF pins UAE economic growth at 5.1% for FY2025

The UAE's economy is set to grow by 5.1% in 2025, driven by strong non-oil sectors and structural reforms, according to the IMF. Diversification and public investment are key growth factors.
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