Latest news with #PrintingandDistribution
Zawya
02-05-2025
- Business
- Zawya
Gold price in Qatari market drops by 2.69% this week
Doha: The price of gold in the Qatari market dropped by 2.69% this week, reaching $3,231.19 per ounce on Thursday, according to data released by Qatar National Bank (QNB). QNB data showed that the price of gold per ounce fell from $3,320.70, the level recorded last Sunday. The data also indicated a decline in the prices of other precious metals on a weekly basis, with silver dropping by 3.26%, reaching $32.05 per ounce, compared to $33.13 at the beginning of the week. Additionally, platinum prices decreased by 1.03%, reaching $968.75 per ounce, down from $978.80 last Sunday. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Zawya
30-04-2025
- Business
- Zawya
QatarEnergy reduces petrol, diesel prices for May 2025
Doha: QatarEnergy on Wednesday reduced the fuel prices for the month of May 2025. Super-grade petrol will cost QR1.95, compared to QR2.05 in April. Meanwhile, the Premium grade petrol will be QR1.90 in May, as compared to QR2 in April. The cost for Diesel has also been reduced and in the coming month will be charged at QR1.95 per litre. The Ministry of Energy and Industry started pegging the fuel prices to the international market and from September 2017, it is QatarEnergy which announced the monthly price list. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
30-04-2025
- Business
- Zawya
Qatar: Barwa Real Estate posts $65.79mln net profit for Q1
Doha, Qatar: Barwa Real Estate discloses its financial statements for the three month period ended March 31, 2025. The results showed a net profit of QR239.5m attributable to the shareholders of the parent, compared to a net profit of QR238.2m during the same period of the previous year. The Earnings per Share (EPS) amounted to QR0.0615 for the three month period ended March 31, 2025 compared to an EPS of QR0.0612 duringthesame period of the previous year. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Zawya
29-04-2025
- Business
- Zawya
Qatar's solar energy production capacity to reach 4,000 megawatts by 2030
Doha, Qatar: The inauguration of Ras Laffan and Mesaieed solar power plants reflect the scale of Qatar's economic transformation and environmental commitment. It strengthens the country's position as a regional leader in renewable energy as it continues to develop mega projects, adopt supportive policies and technological innovations in the field of renewable energy to achieve its sustainability goals and diversifying the national economy by 2030. During the inauguration ceremony held yesterday at the Ras Laffan Industrial City, a documentary was shown about the construction stages of the two plants and their objectives in supporting the country's strategy to transition to low-carbon energy and promote environmental sustainability in accordance with Qatar National Vision 2030. The documentary revealed how Qatar is harnessing the energy of the sun, transforming its light into energy that fuels the future. It noted that QatarEnergy's journey of harnessing the sun began in October 2022 with the Al Kharsaah solar power plant inauguration which is Qatar's first large-scale solar power plant, a milestone in the nation's renewable energy journey. It explained that the Dukhan photovoltaic solar power project is Qatar's biggest and most ambitious solar power plant yet which will double the nation's capacity with 2,000 megawatts. This mega plant, once operational will be one of the world's largest and raise Qatar's solar energy production capacity to 4,000 megawatts by 2030. It will further reduce emissions and diversifying electricity generation. It further noted that QatarEnergy's solar power plants are not just an achievement but also a statement of commitment to holistic, sustainable and inclusive development. They strengthen domestic energy security; reduce emissions – further reinforcing its position as a low-carbon energy transition partner. The addition of 875 megawatts Ras Laffan and Mesaieed solar power plants, along with the 800 megawatts produced by the Al Kharsaah plant that came into service in 2022, will bring Qatar's total solar energy production capacity to nearly 1,700 megawatts. This marks significant progress toward the country's goal of generating 4,000 megawatts of solar energy by 2030, which will account for about 30 percent of total local electricity production. This milestone is central to Qatar's renewable energy strategy and QatarEnergy's sustainability strategy, both aiming to increase contribution of renewable energy sources to national energy mix, with solar energy being the most viable option given the country's climatic conditions. The country is positioning itself as a key player in the global clean energy map and is advancing toward achieving its environmental and developmental goals with high responsibility and leadership. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Zawya
25-04-2025
- Business
- Zawya
GCC family offices emerge as new venture capital powerhouses
DOHA: Family offices in the GCC are undergoing a significant transformation. Once focused primarily on managing and preserving wealth, these entities are now embracing high-growth strategies that resemble the behavior of venture capital firms. A new report by LOGIC Consulting, titled 'Beyond Wealth: How Family Offices Are Shaping the Future of Investment', reveals that 78 percent of family offices globally are planning to invest in digital assets over the next two to three years. This shift highlights how these entities are moving toward innovation-driven and tech-focused investment models. Fueled by younger generations, growing digital fluency, and a greater tolerance for risk, family offices across the region are backing early-stage tech startups, AI ventures, sustainable technologies, and fintech disruptors. This evolution is positioning GCC-based family offices as influential players in the global innovation economy. Their long-term and purpose-led capital sets them apart from traditional institutional investors. Traditionally, family offices were designed to manage wealth and ensure financial stability for future generations. Their investment strategies often centered around real estate, industrial holdings, and low-risk portfolios. That model is now shifting. Increasingly, family offices are aligning with the high-growth strategies of venture capital, supporting disruptive businesses, nurturing innovation, and forming direct partnerships with founders. 'Family offices in the GCC are no longer playing it safe,' said SeifAllah Rabie, UAE Managing Partner at LOGIC Consulting. 'They are actively reshaping the investment ecosystem and stepping into roles traditionally dominated by venture capital firms. The key difference is that family offices bring patient capital, which allows businesses the time and flexibility they need to scale.' © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
