Doha, Qatar: The Qatar Central Bank (QCB) said in an update that it had completed its assessment of the country's current monetary policy and decided to maintain its current interest rates. The Qatar Central Bank Interest Rates are as follows: - QCB Deposit Rate (QCBDR): 3.85% - QCB Lending Rate (QCBLR): 4.35% - QCB Repo Rate (QCBRR): 4.10%
Doha, Qatar: Visit Qatar's participation in the ICCA Middle East Summit 2026 resulted in a series of significant achievements that further reinforce Qatar's growing position within the global business events industry. During the summit, Visit Qatar was awarded the ICCA Innovation Leadership Award in recognition of its outstanding contribution to the global business events industry. The award celebrates organisations demonstrating excellence in innovation, resilience, sustainability, tourism transformation, and future-ready leadership, as well as their role in strengthening the competitiveness of destinations across the region. In addition, Visit Qatar signed a partnership agreement with the International Congress and Convention Association to host the ICCA Middle East Summit 2027 in Qatar. The agreement was formalised during an official signing ceremony attended by ICCA leadership and industry stakeholders. Commenting on the announcement, Eng. Abdulaziz Ali Al Mawlawi, Chief Executive Officer of Visit Qatar, said: "Being selected to host the ICCA Middle East Summit 2027 is a significant endorsement of Qatar's growing position within the global business events landscape. It reflects the strong confidence our international partners place in Qatar's world-class infrastructure, operational capabilities, and proven track record of delivering exceptional events." Scheduled for 17-18 March 2027, the ICCA Middle East Summit in Qatar will bring together international association representatives, convention bureaux, venues, professional conference organisers (PCOs), and business events leaders from across the region and beyond. The forum will serve as a platform for knowledge exchange, industry collaboration, and forward-looking dialogue on the evolution of the global meetings and conventions sector. The announcement follows Qatar's continued progress in the international association meetings market. According to the 2025 ICCA Country and City Rankings, Qatar ranked third in the Middle East for hosting international association meetings and congresses, while Doha secured third place among regional destinations, following Dubai and Abu Dhabi. The rankings reflect the country's growing success in attracting high-profile international business events and expanding its presence within the global meetings industry. The recognition also comes amid strong momentum across the sector. ICCA reported approximately 22 percent global growth in international association meetings in 2025, with the Middle East recording growth of around 45 percent, underscoring the region's increasing prominence as a hub for international business events. Together, these achievements highlight Visit Qatar's ongoing efforts to strengthen the nation's business events ecosystem, attract major international gatherings, and deepen engagement with global associations and industry partners. They also reflect growing international confidence in Qatar's world-class infrastructure, accessibility, and proven capability to successfully host events of global significance.
London:The International Energy Agency said on Wednesday that the global oil market would gradually recover from the effects of the closure of the Strait of Hormuz before facing a significant surplus in 2027. In its monthly oil market report released on Wednesday, the agency added, "If the agreement between Iran and the United States holds, exports and production from the Gulf region are expected to recover gradually." The agency also projected that the oil market would see a substantial surplus next year, with global oil supply expected to rise by eight million barrels per day, while demand is forecast to increase by only two million barrels per day. The agency noted, "This situation could provide a welcome period of relief for the market and an opportunity to refill depleted storage or build new strategic reserves, as countries adjust their energy strategies and policies in response to the crisis."
QCB maintains current interest rates
Doha, Qatar: The Qatar Central Bank (QCB) said in an update that it had completed its assessment of the country's current monetary policy and decided to maintain its current interest rates. The Qatar Central Bank Interest Rates are as follows:...
DSV expands in Dubai with new 30,000 sqm logistics warehouse in Jebel Ali Free Zone Developed by Arcapita’s Lintara
UAE, Dubai:DSV, the global transport and logistics leader, and Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, through its real estate development platform, Lintara Properties, announce the completion of a new, state-of-the-art 30,000-square-metre build-to-suit logistics warehouse at Dubai’s...
US Federal Reserve holds rates steady, raises inflation expectations
Washington, United States: The US Federal Reserve on Wednesday held interest rates steady as expected at Kevin Warsh's first meeting in charge of the central bank, raising its year-end inflation expectations and projecting a rate hike by the end of...
QSE index rises 19.39 points at start of trading
Doha, Qatar: The Qatar Stock Exchange (QSE) general index opened higher on Wednesday, gaining 19.39 points, or 0.18%, to reach 10,570 points, compared to the previous session's close, supported by five sectors. Market data showed gains in the Telecoms sector...
