Vienna, May 3 (Xinhua) OPEC said in a communique on Sunday that seven OPEC+ countries decided to increase their oil production cap by 188,000 barrels per day in June, in response to the withdrawal of the United Arab Emirates from the bloc. The seven countries -- Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman...

Beijing, 02 May 2026 (Xinhua News) China's Ministry of Commerce on Saturday issued a ban prohibiting any recognition, enforcement or compliance with U.S. sanctions imposed on five Chinese companies on the grounds of their alleged involvement in Iranian petroleum transactions. Rising tensions around the Strait of Hormuz, coupled with disruptions to key shipping routes and...

30 April 2026, Doha Qatar Financial Centre (QFC), a leading onshore financial and business centre of State of Qatar, has introduced a targeted package of measures to assist its firms and ensure business continuity amid evolving regional developments. The measures form part of the national package introduced by the State of Qatar to support the...

Islamabad, 27 April 2026 Engr. Asad Ahmad, Managing Director and CEO of the Pakistan Mineral Development Corporation (PMDC), has shown strong interest in building partnerships with the Qatar Investment Authority and institutions like QatarEnergy to explore and develop Pakistan’s vast mineral resources. In a recent exclusive interview to Editor, asiantelegraph.net, in Islamabad, he highlighted the...

Doha, Qatar, 27 April 2026 Qatar Financial Centre (QFC), a leading onshore financial and business centre, welcomes newly appointed members to its Board of Directors, strengthening its governance framework and supporting its strategic priorities for the next phase of growth. The Minister of Commerce and Industry, Sheikh Faisal bin Thani Al Thani, will continue to...

Muscat, March 15 (QNA) The oil sector in the Gulf contributed about $561.2 billion to the region's economy in 2024, accounting for 24% of gross domestic product at current market prices, according to new data. Figures released by the Statistical Center for the Cooperation Council for the Arab Countries of the Gulf showed the sector's...

Doha, Qatar • 03 March 2026 (QNA) Due to military attacks on QatarEnergy’s operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City in the State of Qatar, QatarEnergy has ceased production of liquefied natural gas (LNG) and associated products. QatarEnergy values its relationships with all of its stakeholders and will continue to communicate...

Doha, 24 Feb. 2026 Apex Group Ltd. (“Apex Group”), a leading global financial services provider with over $3.5 trillion in assets serviced, announces the successful licensing and opening of its new office in Qatar at the Qatar Financial Centre (QFC), a top-tier onshore financial and business hub in the region. This stride marks a strategic...

Doha, 24 Feb 2026 The Amir of State of Qatar, Sheikh Tamim bin Hamad Al-Thani welcomed Pakistan’s Prime Minister Muhammad Shehbaz Sharif at Lusail Palace in Doha on Tuesday, February 24. Both leaders reviewed the full spectrum of their countries’ relations and expressed satisfaction with the steady progress in political engagement. They reaffirmed their shared commitment to...

Doha, 08 Feb. 2026 United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, has announced its consolidated financial results for the year ended 31 December 2025, reflecting resilient performance amid a challenging global environment. The company reported a net profit of QR 404 million...