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Qatar News

Mergers & Acquisitions;Financial Services

Estithmar Holding enters Syrian financial market with 49 percent stake in Shahba Bank

Estithmar Holding, via its subsidiary Masaref Holding, has acquired a 49 percent interest in Syria-based Shahba Bank. The strategic investment aims to capitalize on Syria's economic recovery and reconstruction efforts while expanding the Qatari group’s regional financial services footprint and diversifying its multi-sector investment portfolio.

Qatar;Syrian Arab Republic | 4 weeks ago

Air Force

Ukraine and Qatar sign strategic defense pact to combat missile and drone threats

Ukraine and Qatar have finalized a bilateral defense agreement focused on countering unmanned aerial systems and missile threats. The pact leverages Ukraine's active wartime expertise to help Qatar address escalating security challenges in the Gulf region.

2 months ago • Qatar;Ukraine

Oil & Gas

QatarEnergy expands production halt beyond LNG to several downstream industrial products

QatarEnergy has announced the suspension of production for several downstream industrial products in Qatar following its earlier decision to halt liquefied natural gas output. The move affects chemicals and metals such as urea, polymers, methanol and aluminum, potentially impacting global supply chains tied to Qatar’s energy-linked industrial sector.

3 months ago • Qatar

Climate & ESG

Ashghal awards Consultancy contract for KITC renovation and wind mitigation works

Ashghal has awarded Gulf Consulting Group a QAR 1.4 million consultancy contract for post-contract services on the KITC renovation and wind mitigation project

3 months ago • Qatar

Railways & Metro

Saudi Arabia and Qatar sign agreement to develop high-speed rail link between Riyadh and Doha

Saudi Arabia and Qatar have signed an agreement to build a high-speed rail link connecting Riyadh and Doha, aiming to improve regional mobility and fast travel between the two capitals.

3 months ago • Qatar;Saudi Arabia

Latest News

Defence | 2 days ago

Elbit Systems secures $350 million international main battle tank modernization contract

Israel-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.

Business & Corporate | 2 days ago

UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight

UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.

Energy & Power | 2 days ago

NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu

Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.