Partnership with Art Basel reflects Qatar Museums' vision to bring top contemporary art fair to region: Sheikha Al Mayassa
In statements to Qatar News Agency (QNA), she said that, with Qatar's participation in the flagship Art Basel fair in Switzerland, a new chapter has begun in the country's ongoing international cultural dialogue.
Qatar's pavilion at Art Basel offers a rich glimpse into the rich heritage and ambitious vision for the future, with leading institutions such as Lusail Museum contributing to the promotion of artistic and intellectual exchange, she added, pointing out the participation of Qatar Airways as a distinguished partner of the fair.
She emphasized that Qatar's pavilion offered a forward-looking vision of the future, showcasing selected works from the Lusail Museum's collection, along with an exceptional loan from the Arsene Museum, reflecting the promising potential of international cultural partnerships. She noted the preview of Al Maha Island, the future home of Lusail Museum, as well as the showcase of Qatari culinary arts during the exhibition.
Qatar Museums, represented by the Lusail Museum, is participating in Art Basel 2025 in Basel, Switzerland, which runs until June 22. Over 280 leading art galleries are participating, showcasing works by more than 4,000 artists from around the world.
The Qatar Museums Pavilion at the exhibition features a variety of international collections and artworks, and allows visitors to view the 3D architectural rendering of the future Lusail Museum, which will be located on Al Maha Island and serve as a cultural hub for the sustainable city of Lusail.
Qatar Museums' participation in Art Basel, the world's largest and most important modern and contemporary art fair and an international destination for artists around the world to showcase their works, follows the announcement that Doha will host the first edition of Art Basel Qatar in February 2026, a move aimed at consolidating Qatar's position as a global destination for the arts.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Qatar Tribune
8 hours ago
- Qatar Tribune
QSE index surges 2.51% in weekly rally as Baladna leads gains
Tribune News Network Doha The Qatar Stock Exchange (QSE) witnessed a strong performance this week, rallying by 285.10 points or 2.51 percent to close at 11,648.81 points, driven by robust activity in financial and industrial stocks. QSE's market capitalisation rose 2.45 percent to QR692.8 billion, up from QR 676.3 billion at the end of the previous trading week, reflecting renewed investor confidence and heightened liquidity in the market. Of the 53 companies traded, 35 advanced during the week while 18 declined. Baladna emerged as the best performing stock, surging 16.4 percent, whereas Mannai recorded the steepest decline, falling by 2 percent. Leading the index gains were the major banking stocks, with Qatar Islamic Bank adding 67.69 points, QNB Group contributing 62.04 points, and Commercial Bank of Qatar providing 29.21 points. Together, these three financial powerhouses accounted for a significant portion of the weekly index surge, highlighting the central role of the banking sector in driving market performance. Trading activity was notably higher compared with the previous week, with the total traded value rising 30.5 percent to QR2,912.9 million from QR2,232.7 million. Traded volume increased 38.5 percent to 1,443.2 million shares, while the number of transactions edged up by 1.5 percent to 116,920. Baladna was both the top value-traded and volume-traded stock, with a total traded value of QR 548.3 million and a traded volume of 336.5 million shares, reflecting strong investor interest. Investor sentiment remained mixed. Foreign institutions maintained a bullish stance, registering net purchases of QR166.4 million, although slightly lower than the net buying of QR256.1 million recorded the previous week. Qatari institutions remained on the selling side, with net disposals of QR88.5 million compared with QR28 million previously. Retail investors also showed varied activity, with foreign retail investors recording net sales of QR7.3 million, down from QR13.5 million, while Qatari retail investors reduced their net selling to QR70.7 million from QR214.6 million. Year-to-date, global foreign institutions have accumulated $219.0 million in Qatari equities, while GCC institutions hold a net long position of $11.2 million, signaling continued confidence from both regional and international investors. Financial market analyst Youssef Bouhlaiqa told Qatar News Agency that the QSE is on an upward trajectory and could soon challenge the 12,000-point barrier, driven by encouraging corporate earnings and supportive global indices. He noted that listed companies have reported a net profit increase of 2.11 percent that combined with positive global developments, reinforces investor optimism. Bouhlaiqa also pointed to the likelihood of US Federal Reserve interest rate cuts, which would enhance liquidity flows into markets, including Qatar, and increase the attractiveness of Qatari equities. He further highlighted the potential easing of geopolitical tensions, particularly the Russia-Ukraine conflict, as an additional positive factor for global investment sentiment. Bouhlaiqa advised investors to focus on leading stocks in sectors such as industrials, insurance, and telecommunications, which are expected to be the main drivers of investment decisions in the near term. According to him, the third quarter of 2025 is anticipated to witness strong market performance underpinned by rising corporate results. This week's rally in the QSE underscores the combination of strong institutional support, robust financial sector performance, and heightened investor confidence. With key stocks like Baladna leading the gains and major banks underpinning index growth, the market has demonstrated resilience amid ongoing global and regional developments. Observers remain optimistic that, supported by favorable liquidity conditions and continued corporate earnings growth, the QSE could sustain its momentum and achieve new milestones in the coming weeks.
Qatar Tribune
19 hours ago
- Qatar Tribune
Qatar ranks 12th globally in 2024 in FDI Performance Index
DOHA: The State of Qatar has achieved a significant leap in the Foreign Direct Investment (FDI) Performance Index report issued in 2025, ranking 12th globally in 2024, advancing 21 positions compared to the previous year. This confirms the country's growing competitiveness, its favorable regulatory environment for business, and its increasing openness to international partnerships. According to the FDI report recently published by fDi Intelligence, in terms of project growth, the number of foreign direct investment projects nearly doubled in 2024 compared to the previous year. Qatar also scored 4.70 on the index, indicating that its share of global greenfield FDI projects in 2024 far exceeded its share of global GDP. Sector trends highlighted in the report showed that the business services and technology sectors maintained the lead, with notable growth in FDI projects in consumer products and textiles. According to data from the FDI Projects Observatory under the Investment Promotion Agency Qatar, the first half of 2025 witnessed strong performance, with Qatar recording a significant increase in total capital expenditure, along with a year-on-year rise in both the number of projects and new job opportunities. The number of projects increased by 44.5% year-on-year, while job opportunities rose by 75%, reflecting continued investor interest in the country and their confidence in the Qatari market. In his remarks on the report, CEO of the Investment Promotion Agency Qatar Sheikh Ali bin Waleed Al Thani said that Qatar's significant advancement in the Global Foreign Direct Investment Performance Index strengthens its position as a leading investment destination. It reaffirms the country's appeal in attracting high-value strategic investments that contribute to economic diversification and sustainable growth. The Investment Promotion Agency remains firmly committed to supporting investments across various sectors and invites global partners to join us in shaping Qatarâ€s prosperous future. Meanwhile, the Qatar Free Zones Authority highlighted that Qatar recorded a notable increase in foreign direct investment (FDI) inflows into new projects during 2024, with the volume of incoming investments nearly doubling compared to the previous year, according to the recent FDI report by fDi Intelligence. In a post on its X account, the authority noted that the number of inbound investment projects in Qatar grew significantly in 2024, nearly doubling from the previous year. This surge contributed to the country's 21-place jump in the global ranking, placing Qatar among the top 15 countries in terms of FDI performance improvement.
Qatar Tribune
a day ago
- Qatar Tribune
Qatar ranks 12th globally in 2024 in FDI performance index, says fDi Intelligence
QNA Doha The State of Qatar has achieved a significant leap in the Foreign Direct Investment (FDI) Performance Index report issued in 2025, ranking 12th globally in 2024, advancing 21 positions compared to the previous year. This confirms the country's growing competitiveness, its favorable regulatory environment for business, and its increasing openness to international partnerships. According to the FDI report recently published by fDi Intelligence, in terms of project growth, the number of foreign direct investment projects nearly doubled in 2024 compared to the previous year. Qatar also scored 4.70 on the index, indicating that its share of global greenfield FDI projects in 2024 far exceeded its share of global GDP. Sector trends highlighted in the report showed that the business services and technology sectors maintained the lead, with notable growth in FDI projects in consumer products and textiles. According to data from the FDI Projects Observatory under the Investment Promotion Agency Qatar, the first half of 2025 witnessed strong performance, with Qatar recording a significant increase in total capital expenditure, along with a year-on-year rise in both the number of projects and new job opportunities. The number of projects increased by 44.5 percent year-on-year, while job opportunities rose by 75 percent, reflecting continued investor interest in the country and their confidence in the Qatari market. In his remarks on the report, Investment Promotion Agency Qatar CEO Sheikh Ali bin Waleed Al Thani said that Qatar's significant advancement in the Global Foreign Direct Investment Performance Index strengthens its position as a leading investment destination. It reaffirms the country's appeal in attracting high-value strategic investments that contribute to economic diversification and sustainable growth. The Investment Promotion Agency remains firmly committed to supporting investments across various sectors and invites global partners to join us in shaping Qatar's prosperous future. Meanwhile, the Qatar Free Zones Authority highlighted that Qatar recorded a notable increase in foreign direct investment (FDI) inflows into new projects during 2024, with the volume of incoming investments nearly doubling compared to the previous year, according to the recent FDI report by fDi Intelligence. In a post on its X account today, the authority noted that the number of inbound investment projects in Qatar grew significantly in 2024, nearly doubling from the previous year. This surge contributed to the country's 21-place jump in the global ranking, placing Qatar among the top 15 countries in terms of FDI performance improvement.
