Qatar Tourism

News on Qatar’s tourism industry and travel trade members.

Did you register for the professional development specialist program yet?

Did you register for the professional development specialist program yet?

Qatar Tourism's Specialist Programme is designed to help individuals gain specialized knowledge about the tourism industry in Qatar. By signing up for the program, participants can learn about the best hotels and attractions in the country, allowing them to provide top-notch service to their clients. In addition to insider information on famils and other perks, participants can gain a competitive advantage in their careers by acquiring specialized knowledge and skills. Read further.

Qatar’s Large Investments Aim to Counter Post-World Cup Disappointments

Qatar’s Large Investments Aim to Counter Post-World Cup Disappointments

Qatar is seeking to revive its economy following the departure of hundreds of thousands of football fans and workers after the World Cup. Many of the workers have lost their jobs and some have been reduced to begging on the streets. But Qatar's economy remains healthy, recording a trade surplus of nearly $100bn last year and expected to grow by 3.4% in 2023. The country’s tourism agency expects to attract more than five million visitors this year – twice the number in pre-pandemic 2019 – thanks to investments in tourism and hosting more major events. Qatar hopes to draw one million visitors to a horticultural expo from October and hosts the second...

“Qatar’s Massive Spending Aims to Overcome Post-World Cup Depression”

Qatar, host of the 2022 FIFA World Cup, is seeking to revive its economy after the departure of the hundreds of thousands of soccer fans and foreign workers who flocked to the country during the tournament. Luxury hotels have laid off hundreds of workers and it is estimated that the anticipated 1.4 million visitors brought to the state by the World Cup have decreased. The country's economy is still healthy, however, with growth predicted to reach 3.4% in 2023 due to its natural gas riches. Qatar is focusing on investments in tourism and hosting major events, with plans for a...

Celebrate Eid Al-Fitr with Family-Friendly Activities at Msheireb Downtown Doha

Celebrate Eid Al-Fitr with Family-Friendly Activities at Msheireb Downtown Doha

Msheireb Downtown Doha is set to celebrate Eid Al-Fitr with an array of activities, promising one of the largest and most engaging Eid festivals of the year. The celebrations reflect Msheireb's commitment to creating a joyful experience for the community to come back and connect with their roots, while also ensuring a safe, fun place to spend Eid time with their loved ones. Activities include immersive storytelling sessions, musical performances, a 360-photobooth, arts and crafts activities for children, and an Eid trivia contest for a chance to win vouchers. Visitors will also be entertained by roaming performers, including magic shows,...

‘Qatar’s businesses to be elevated by the US Investment Summit’

‘Qatar’s businesses to be elevated by the US Investment Summit’

Over 20 Qatari companies from various sectors are set to participate in the US-Qatar Business Council and American Chamber of Commerce's Investment Summit in Washington from 1 to 4 May. The event is designed to bring investment to the country, which has a business environment supportive of bilateral trade, according to the executive director of American Chamber of Commerce in Qatar, Brooke Holland. There are already American companies in fields such as banking, finance, IT, hospitality, hotels and infrastructure active in the Qatar. Read further.

Mubadala Capital’s Brazil division in the UAE to spend $2.5 billion on renewable fuel production.

Mubadala Capital’s Brazil division in the UAE to spend $2.5 billion on renewable fuel production.

Acelen, the energy company owned by Abu Dhabi-based Mubadala Capital, plans to invest over $2.4bn over the next 10 years to produce 1 billion litres of renewable diesel and sustainable aviation kerosene in Brazil. The fuels, which will initially be processed using soybean oil, will later transition to using macaúba oil and palm oil. The company will start production in the first quarter of 2026, and will initially sell the fuel in international markets. Luiz de Mendonca, Acelen’s CEO, said that the project will position the company as one of the largest renewable fuel producers globally, and will allow Brazil to...

Thailand to witness the launch of BNP Paribas’ wealth management division

Thailand to witness the launch of BNP Paribas’ wealth management division

BNP Paribas, the largest bank in the euro zone, has announced that its wealth management arm will launch in Thailand in a bid to expand its presence in Asian markets. The new division will provide clients with access to international capital markets through the bank's Singapore platform. Daniel Peter has been named as CEO of the Thai wealth management unit. The move comes as global banks continue to tap into Southeast Asian economies in pursuit of business opportunities. Credit Suisse was granted regulatory clearance in 2018 to begin operating its wealth management division in the Philippines. Read further.

Qatar Becomes a Suitable Destination for Families: TravelBiz Monitor’s Report on Indian Travel News, Tourism and Trends.

Qatar Tourism, in partnership with Qatar Airways Holidays, is promoting the country as a family-friendly destination, citing year-round sunshine, welcoming culture, and unparalleled safety. The country was named Arab Tourism Capital for 2023, and has seen record visitor numbers in January and February 2023, with over one million international visitors to its shores by March 15, 2023. The COO of Qatar Tourism, Berthold Trenkel, highlights the diverse options for families, whether it's exploring the National Museum of Qatar, the 3-2-1 Qatar Olympic and Sports Museum, or the thriving marketplace of Souq Waqif, among a range of outdoor and theme park activities....

CBC and Mubadala co-lead Hasten Biopharmaceutic’s $315 million funding round.

CBC and Mubadala co-lead Hasten Biopharmaceutic’s $315 million funding round.

Chinese pharmaceutical firm Hasten Biopharmaceutics has raised $315m in a fundraising round that was co-led by Asia's largest healthcare investment firm CBC Group and Abu Dhabi sovereign wealth fund Mubadala Investment Company. The Shanghai-based firm said it will use the cash to fund acquisitions and business development of innovative pipeline assets. It follows Hasten's acquisition of the exclusive rights for five cardiovascular and metabolism drugs in China from Takeda Pharmaceutical Company in 2020. Read further.

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