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Qatar Tourism launches first ever ‘Purple Saturday' initiative in Qatar
Qatar Tourism launches first ever ‘Purple Saturday' initiative in Qatar

Qatar Tribune

time2 days ago

  • Business
  • Qatar Tribune

Qatar Tourism launches first ever ‘Purple Saturday' initiative in Qatar

In collaboration with the Ministry of Social Development and Family and Ministry of Industry and Commerce, Qatar Tourism (QT), through its promotional arm Visit Qatar, is partnering with its stakeholders to launch the nation's first-ever Purple Saturday initiative in the State of Qatar. This high-impact initiative is dedicated to empowering people with special needs in society and will be held annually on the last Saturday of July, QT said in a statement on Sunday. The initiative, launched by the Authority of People with Disabilities (APD) in the Kingdom of Saudi Arabia in 2021, is celebrated on the last Saturday of July every year. It has now been extended to cover the entire GCC region as a show of solidarity and unity. Purple Saturday in Qatar unites stakeholders from both the public and private sectors to champion accessibility, raise awareness, and foster greater community participation, the statement read. As part of this initiative, QT through its promotional arm Visit Qatar will mark Purple Saturday at the Qatar Toy Festival with a dedicated celebration. People with disabilities will enjoy free access to the festival throughout its duration. To support this initiative, 16 different Qatar Tourism stakeholders which include retail stores and hotels are offering exclusive discounts and adapted services for people with disabilities. Qatar Tourism invites the public to visit the Ministry of Social Development and Family official website to learn more about how to download the "Purple Saturday" digital card, which will be valid for use at participating stores and hotels from Jul. 26 to Aug. 1, 2025. Purple Saturday is a key moment in a growing movement towards greater inclusivity, driven by multi-sector collaboration and a shared vision of accessibility.

QT launches ‘Purple Saturday' initiative
QT launches ‘Purple Saturday' initiative

Qatar Tribune

time3 days ago

  • Business
  • Qatar Tribune

QT launches ‘Purple Saturday' initiative

QNA Doha In collaboration with the Ministry of Social Development and Family and Ministry of Industry and Commerce, Qatar Tourism (QT), through its promotional arm Visit Qatar, is partnering with its stakeholders to launch the nation's first-ever Purple Saturday initiative in the State of Qatar. This high-impact initiative is dedicated to empowering people with special needs in society and will be held annually on the last Saturday of July, QT said in a statement on Sunday. The initiative, launched by the Authority of People with Disabilities (APD) in the Kingdom of Saudi Arabia in 2021, is celebrated on the last Saturday of July every year. It has now been extended to cover the entire GCC region as a show of solidarity and unity. Purple Saturday in Qatar unites stakeholders from both the public and private sectors to champion accessibility, raise awareness, and foster greater community participation, the statement said. page 3

BoE urged to hold back long-dated bonds from market
BoE urged to hold back long-dated bonds from market

The Star

time22-07-2025

  • Business
  • The Star

BoE urged to hold back long-dated bonds from market

Pedestrians pass the Bank of England (BOE) in the City of London, UK, on Thursday, May 11, 2023. Photographer Hollie Adams/Bloomberg LONDON: The Bank of England (BoE) is facing pressure to hold onto more than a quarter of its bond holdings, potentially for decades, after recent market turmoil highlighted the fragility of demand for long-dated UK government debt. Forecasters including Oxford Economics and HSBC Holdings Plc expect the central bank to limit sales of its remaining £163bil (US$219bil) of gilts with a term of over 20 years, or even stop the disposals altogether, in a shift to the way it is reducing its crisis-era balance sheet. The BoE is selling its gilts portfolio, which was built up over more than a decade of quantitative easing, amid warnings of heightened volatility as a market once dominated by steady buyers such as pension funds becomes more dependent on flightier hedge funds and foreign investors. A 30-year bond selloff in response to rumours this month that Chancellor of the Exchequer Rachel Reeves was about to be fired delivered a stark reminder of the new reality. The episode had echoes of 2022, when long-dated gilts were at the heart of the market crisis that ended Liz Truss' short-lived premiership. Some analysts have warned the BoE may be contributing to the volatility through quantitative tightening (QT) as it competes for buyers with a big-borrowing government at a time when demand from defined-benefit pension funds is waning. Among those advocating for a change in BoE policy is Michael Saunders, a former BoE rate-setter and now senior adviser at Oxford Economics. He said the Monetary Policy Committee (MPC) could announce that most of its holdings of long-dated debt will never be sold under a new strategy. 'The main effect would be to reduce risks that the BoE's QT programme further destabilises the gilt market,' Saunders said. The BoE has been reducing its bond holdings, which peaked at almost £900bil, by about £100bil a year. This year, it planned to do so through £13bil of active sales and by letting £87bil of maturing debt run off. However, a lower level of bond redemptions due in the next year would imply far more sales if the £100bil pace is maintained, potentially posing a market risk. Investors surveyed by the central bank expect it to slow the QT process by £25bil, implying just £26bil of active sales. BoE governor Andrew Bailey has recently noted a 'change in the liquidity of the curve at the long end, and that has affected yields', hinting at fewer future sales than were previously expected. QT is costing the Treasury tens of billions of pounds in both interest-rate and valuation losses on the sales, putting the BoE under rising political pressure to get the debt off its balance sheet. However, the MPC is likely to take a cautious approach as it decides how fast to go from October, Saunders said. The BoE is set to provide its latest analysis at its meeting on Aug 7, with a decision due in September. Saunders' plan would see the bank continue to unwind the £290bil of gilts with a term of three to 20 years but hang onto the £163bil of long-dated gilts, those with over 20 years left to run. About £120bil of the long-dated portfolio would be written down to the £93bil nominal issue price, crystallising a £27bil loss as a one-off rise in government debt. Those assets would then be held against the BoE's matching £93bil of currency liabilities, effectively notes and coins in circulation. — Bloomberg

Skybound Service Partners Expands Its Geographic Presence with Investment in Quality Trusted Commercial
Skybound Service Partners Expands Its Geographic Presence with Investment in Quality Trusted Commercial

Business Wire

time09-07-2025

  • Business
  • Business Wire

Skybound Service Partners Expands Its Geographic Presence with Investment in Quality Trusted Commercial

NEW YORK--(BUSINESS WIRE)--Skybound Service Partners ('Skybound'), a leading commercial roofing services platform that partners with best-in-class commercial roofing companies across the United States, today announced its investment in Quality Trusted Commercial Construction & Roofing ('QT'), a well-regarded commercial roofing services provider based in Minneapolis, Minnesota. Founded in 2005 by Jason Quilling, QT specializes in roof maintenance, repair and re-roofing, serving customers in the industrial, multi-family, general commercial and other end markets. QT's long-standing presence and strong reputation in the region are backed by its experienced and long-tenured leadership and service teams, 24-hour service capabilities, and commitment to customer satisfaction. 'QT has built a strong, service-driven business model that aligns with Skybound's core strategic objectives,' said Jack Miner, Founder and President of Skybound. 'Jason and his team have developed great customer relationships across a range of attractive end markets that have strong trajectories in the Midwest region. We're excited to work with the QT team to execute on a shared vision for growth and value creation.' Jason Quilling, Founder and President of QT, commented, 'We're thrilled to be partnering with Skybound. During the transaction process, the Skybound team embraced our culture, brought relevant experience to the table and delivered on its commitments to me and our team. With Skybound's support and partnership, we will invest in and grow our team, expand our footprint across the Upper Midwest, and continue serving our long-standing customer base, while benefiting from being part of the larger Skybound platform.' Skybound's platform also includes Roof Technology Partners, a leading commercial roofing contractor headquartered in Atlanta, GA with additional offices in Alabama and Texas. Skybound's continued expansion and success is supported by Garnett Station Partners, a New York-based principal investment firm that manages approximately $4 billion of assets. About Skybound Service Partners Skybound Service Partners is a leading commercial roofing services platform focused on partnering with best-in-class founder-backed contractors across the United States. Skybound is dedicated to supporting and growing its partner companies and their teams while maintaining each company's culture and legacy. For more information, please visit About Garnett Station Partners Garnett Station Partners is a principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages approximately $4 billion of assets. Garnett Station partners with experienced and entrepreneurial management teams and strategic investors to build value for its portfolio of growth platforms. The firm draws on its global relationships, operational experience and rigorous diligence process to source, underwrite and manage investments. Core sectors include consumer and business services, health and wellness, automotive, and food and beverage. Garnett Station's culture is based on the principles of entrepreneurship, collaboration, analytical rigor and accountability. For more information, please visit

Maya Higa leaves QTCinderella's ‘Wine About It' podcast after 4 years; fans shocked by sudden announcement
Maya Higa leaves QTCinderella's ‘Wine About It' podcast after 4 years; fans shocked by sudden announcement

Time of India

time04-07-2025

  • Entertainment
  • Time of India

Maya Higa leaves QTCinderella's ‘Wine About It' podcast after 4 years; fans shocked by sudden announcement

(Image via @mayahiga & @qtcinderella/X) Twitch fans were caught off guard when Maya Higa, wildlife conservationist and streamer, stepped away from the beloved Wine About It podcast. After nearly four years of laughter, deep dives, and occasional chaos with QTCinderella, the announcement had the internet buzzing. So why did Maya leave, and what's next for the podcast? Why Did Maya Leave? Maya Higa stepped away to give her full attention to Alveus Sanctuary, the nonprofit exotic animal sanctuary she founded in Austin, Texas. Between running educational streams, caring for over 30 animals, and building conservation awareness, she realized something had to give. Unfortunately, it was the podcast. And yep, she made it super clear on X (formerly Twitter) that she's still incredibly thankful for QT, the fans, and the wild journey the pod has been. What's Alveus Sanctuary? Alveus isn't just a side project; it's Maya's life's mission. It's a one-of-a-kind animal sanctuary that's grown massively since its launch. Even Twitch backed it with a $100K donation in 2024. QT herself was involved in building parts of the sanctuary (fun fact: she helped set up the fox enclosure). Maya's been pouring her energy into educational content and making wildlife conservation actually cool and accessible. QTCinderella's Reaction: Supportive but Sentimental QT, who's been co-hosting Wine About It since day one, opened up on X shortly after the announcement. Her tone? Bittersweet. She acknowledged the sadness of the change but made it clear that the podcast isn't going anywhere. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo It's just... evolving. 'Wine About It has been my baby,' she wrote, 'and this is a reallllllly sad change.' Still, she encouraged fans to stay tuned. Valkyrae Joins the Mix: A Fresh Chapter Begins Not long after Maya's farewell post, fans were hit with another twist: Valkyrae is the new co-host. Yes, that Valkyrae. Fresh off the closure of her own podcast, Press ESC , Valkyrae is no stranger to the format—or to chaos with friends. With Rae stepping in, Wine About It promises to keep its energy high, its wine flowing, and its topics spicy. Maya Higa didn't leave because of beef or burnout—it was simply time. Time to go all-in on Alveus. Time to let QT and Rae take the podcast into a new era. The pod still lives, and it's still Wine About It —just with a different vintage. So whether you're team Maya, team QT, or just here for chaotic girl talk, one thing's clear: the show must go on. For real-time updates, scores, and highlights, follow our live coverage of the India vs England Test match here . Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.

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