Economy

Qatar Energy launches $1.2bn blue ammonia project

TLDR: Qatar Energy launches $1.2 billion project. Facility integrates ammonia and CO2 storage. Solar power supports Mesaieed blue ammonia plant. DOHA (The Thursday Times) —...

Qatar’s Q3 contract awards soar to hit $4.2bn as gas sector leads growth

Qatar’s contract awards surged 58% in Q3 2024, with the gas sector dominating. The GCC’s broader project pipeline, valued at $2.7 trillion, signals future growth.

Qatar’s Lusail leads smart city development with AI-driven future

Qatar is transforming Lusail City into an AI-powered smart city for urban living, with its landmark eco-focused stadium setting the tone for green innovation.

New GCC rail project on track to unify Gulf by 2030

GCC to link Gulf states by rail by 2030, aiming to streamline trade and reduce emissions, with robust policies and advanced eco-friendly infrastructure.

GCC banks cut rates in sync with Fed

Banks across the GCC — including in Saudi Arabia, Qatar, Bahrain, and the UAE — have mirrored the US Federal Reserve's rate cut, with interest rate reductions aiming to bolster credit-driven growth in the Gulf.

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