Latest news with #QNADOHA
Qatar Tribune
03-07-2025
- Business
- Qatar Tribune
Real estate trading volume exceeds QR 374 in 1 week
QNA DOHA The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice during the period from Jun. 22 to 26 amounted to QR 282,329,907, while the total sales contracts for the real estate bulletin for residential units during the same period reached QR 92,286,715. The weekly bulletin issued by the department shows that the list of properties traded for sale included vacant lands, residences, residential buildings, a residential complex, commercial shops, administrative offices, and residential units. The sales operations were concentrated in the municipalities of Al Rayyan, Doha, Al Dhaayen, Umm Salal, Al Khor and Al Dhakira, Al Wakrah, and Al Shamal, in addition to the areas of the Pearl, Lusail 69, Fox Hills, and Umm Al Amad. The volume of real estate transactions in sales contracts registered with the Real Estate Registration Department reached more than QR 483 million between June 15-19.
Qatar Tribune
26-06-2025
- Business
- Qatar Tribune
Real estate trading volume exceeds QR 483 in one week
QNA DOHA The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice during the period from June 15 to 19 amounted to QAR 423,674,670, while the total sales contracts for the real estate bulletin for residential units during the same period reached amounted to QAR 59,529,651. The weekly bulletin issued by the Department shows that the list of properties traded for sale included vacant lands, residential homes, apartment buildings, commercial buildings, shops and residential units. The sales operations were concentrated in the municipalities of Al Rayyan, Doha, Al Wakrah, Umm Salal, Al Khor and Al Dhakira, Al Dhaayen, and Al Shamal in addition to the areas of the Pearl, Lusail 69, and Ghar Thuaileb.
Qatar Tribune
24-06-2025
- Politics
- Qatar Tribune
Kuwait, Morocco, Jordan & Bahrain leaders call Amir, affirm solidarity with Qatar
QNA DOHA His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani on Monday received phone calls from HM King Mohammed VI of the sisterly Kingdom of Morocco, His Majesty King Abdullah II bin Al Hussein of the Hashemite Kingdom of Jordan, His Majesty King Hamad bin Isa Al Khalifa, King of the sisterly Kingdom of Bahrain, andHis Highness Sheikh Meshal Al Ahmad Al Jaber Al Sabah, Amir of the sisterly State of Kuwait. During the call, the leaders affirmed their countries' solidarity with the State of Qatar and their strong condemnation of the Iranian attack on Al-Udeid Air Base, which constitutes a flagrant violation of Qatar's sovereignty and airspace, as well as of international law and the United Nations Charter. They also stressed their categorical rejection of any aggression that threatens the security and safety of the State of Qatar and undermines the security and stability of the region, calling on His Highness the Amir to exercise self-restraint and resort to diplomatic solutions. For his part, His Highness the Amir expressed his thanks to the leaders for their fraternal feelings and appreciated their solidarity with the State of Qatar and its people.
Qatar Tribune
19-06-2025
- Business
- Qatar Tribune
World Bank projects Qatar's growth to accelerate to 6.5%
QNA DOHA The World Bank projected that the economic growth in the State of Qatar is to remain stable at 2.4% in 2025, before accelerating to an average of 6.5% in 2026-2027 due to the expansion of LNG capacity. These improved prospects are supported by strong non-hydrocarbon growth, particularly in education, tourism, and services, the World Bank said in its report 'Gulf Economic Update.' The hydrocarbon sector is expected to growth timidly in 2025 (0.9%), before undergoing a significant boost in 2026 thanks to the North Field LNG expansion coming online, supporting a 40% rise in LNG output. Non-hydrocarbon growth is expected to remain robust thanks to infrastructure upgrades and international investments, the report said. 'Economic growth across the Gulf Cooperation Council (GCC) is projected to increase in the medium-term to 3.2% in 2025 and 4.50% in 2026. This growth is likely to be driven by the expected rollback of OPEC+ oil production cuts and robust expansion of non-oil sectors,' according to the to the latest edition of the report, regional growth was 1.7% in 2024 – an improvement from 0.3% in 2023. The non-hydrocarbon sector remained resilient, expanding by 3.7% — largely fueled by private consumption, investment, and structural reforms across the GCC. At the same time, global trade uncertainty presents challenges, as a global economic slowdown remains a key downside risk for the region. To mitigate these risks, GCC countries need to accelerate economic diversification reforms and strengthen regional trade. 'The resilience of GCC countries in navigating global uncertainties while advancing economic diversification underscores their strong commitment to long-term prosperity,' Division Director for the GCC countries at the World Bank Safaa El Tayeb El-Kogali said. 'Strategic fiscal policies, targeted investments, and a strong focus on innovation, entrepreneurship, and job creation for youth are essential to sustaining growth and stability,' she added.
Qatar Tribune
04-06-2025
- Business
- Qatar Tribune
Value of weekly real estate transactions reach QR1.08 bn
QNA DOHA The total value of real estate transactions recorded in sale contracts with the Real Estate Registration Department at the Ministry of Justice during the period from May 25 to May 29 amounted to 948,988,281 Qatari riyals, while the total value of sale contracts for residential units, according to the real estate bulletin for the same period, reached 132,983,443 Qatari riyals. According to the weekly bulletin issued by the department, the list of properties traded included vacant plots of land, houses, residential buildings, commercial shops, a residential compound, a residential tower, a petrol station, and residential sales transactions were concentrated in the municipalities of Al Rayyan, Doha, Al Daayen, Al Wakrah, Umm Salal, Al Khor, and Al Thakhira, as well as in the areas of The Pearl Island, Lusail 69, Leqtaifiya, Umm Al Amad, and Ghar comparison, the total value of real estate transactions recorded during the period from May 18 to May 22 had exceeded one billion Qatari riyals.
