Qatar Financial News

Virgin Australia has told staff it has offered to help get Australian citizens out of Israel if they want to leave, after the transport minister sought help from airlines and Qantas pledged to add two flights starting on Friday.

WARNING—GRAPHIC FOOTAGE: The Punaro Group CEO Gen. Arnold Punaro (ret.) discusses the attacks on Israel from Hamas and reacts to the White House being grilled over refreezing the $6 billion from the Iran prisoner swap deal.

Iran on Tuesday claimed that it played no role in the attack launched by Hamas last Saturday that took Israelis by surprise but there is no denying the fact that Tehran over the years has increased its support and appeal across the Arab world that is dominated by people who profess Sunni sect of Islam. The world's biggest non-Sunni country has become a key factor in the West Asian fault lines creating its proxy groups in Lebanon and Yemen and backing Hamas to take on Israel over the last few decades. It is no secret that Tehran has exploited sentiments and presence of the Shia population in some Gulf states. While the USA and Israel have not yet directly blamed Iran for the October 7 carnage, Tehran came out openly in support of Hamas for carrying out the attacks against Israel.

Ismail Haniyeh is a prominent Palestinian political figure who has played a pivotal role in the complex and tumultuous landscape of Palestinian politics. With a career marked by highs and lows, Haniyeh's journey reflects the enduring struggle for Palestinian self-determination and statehood. He is a millionaire, stemming from the 20% tax charged on all items entering through tunnels from Egypt to the Gaza Strip. He ordered the recent attack on Israel over the weekend, which resulted in over 1,500 deaths on both sides. Haniyeh is currently leading a lavish lifestyle in Qatar and reportedly watched the aggressions from the comfort of his office.

Indonesia is in discussions with Australia about a possible joint bid to host the 2034 World Cup along with Malaysia and Singapore, the president of the country's football federation (PSSI) said on Wednesday. World football's governing body FIFA invited member associations from Asia and Oceania to bid for the rights to the 2034 edition last week. «We are discussing (a bid) with Australia,» PSSI President Erick Thohir was quoted as saying by the Sydney Morning Herald. «When I visited Malaysia and Singapore both countries expressed interest to join Indonesia and Australia.» When asked for comment on a possible joint bid, Football Australia referred Reuters to a statement last week that said it was «exploring the possibility of bidding for the 2029 FIFA Club World Cup and/or the FIFA World Cup 2034». The PSSI has not responded to a Reuters request for comment. After announcing Spain, Morocco and Portugal would host the 2030 World Cup, with Uruguay, Paraguay and Argentina staging the opening games, FIFA invited Asia and Oceania to bid for 2034. Saudi Arabia quickly announced its intention to bid for the hosting rights and FIFA have set a deadline of Oct. 31 for other interested parties to make their intentions known. With Qatar having hosted the 2022 edition, Thohir said it might be too soon for the World Cup to return to the Middle East. «We are quite strong,» he said.

Saudi Arabia, Kuwait, and Qatar. These rights are allocated based on existing bilateral agreements.

Shoogloo Group launches its new venture Broadband.asia in India, Singapore, UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar. Broadband.asia, a one-of-a-kind online comparison website, is designed to filter, select, and compare broadband plans based on users’ preferences. By personalizing broadband plans, Broadband.asia helps consumers meet their internet demands. Users can now search for plans available in their area, decide on the price range and features to find an internet plan that meets all their needs.

By Vivian Sequera, Andrew Mills and Marianna Parraga

A Senate inquiry into the Albanese government’s rejection of Qatar Airways’ bid to expand flights to Australia says the decision should be immediately reviewed and recommends future airline applications be subject to a formal cost-benefit analysis and examined by the competition watchdog.

By Marianna Parraga, Diego Oré and Mayela Armas

UAE food industry said that huge demand is there in the Middle East countries for chicken, dairy, basmati rice, frozen marine goods and wheat products from New Delhi. The UAE industry has sought the support of the Indian government in smooth certification processes, more coordination with Agricultural & Processed Food Products Export Development Authority (APEDA), and harmonisation of standards. They also said that high quality packaging of Indian products would help boost New Delhi players to increase exports of food and food products in countries like Bahrain, Kuwait, the Sultanate of Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).

Qantas says it provided feedback to Transport Minister Catherine King on a request from Turkish Airlines on July 7, two weeks before the minister denied the airline had asked for permission to fly to and from Australia.

₹4,966.80 crore in the retail unit of Reliance Industries Ltd, following a 1.18% stake purchase in the company in October 2020. The fresh investment values RRVL at a pre-money equity value of ₹8.38 trillion, making it among India’s top four most valuable companies. The investment by ADIA will translate into an equity stake of 0.59% in RRVL on a fully diluted basis, the company said in a statement late on Friday.

Qantas says Qatar Airways carries more Australians out of the country than tourists in, dismissing claims from the travel sector that denying the Middle Eastern carrier’s bid to add flights has damaged the economy as “overstated”.

The Treasurer’s office raised no objection to extending the competition watchdog’s monitoring of price gouging by airlines, but said Transport Minister Catherine King would need to determine it is a priority.

₹153.6 crore, according to Tuesday’s volume-weighted average price of Adani Enterprises. "This strategic increase reflects IHC's conviction in the world-leading incubation model of AEL," IHC said in a statement to the Abu Dhabi stock exchange. IHC also highlighted the inherent strength of AEL's airports, data centers, green hydrogen and other businesses, and its ability to capitalize on India's robust growth journey.

LNG) are expected to soften by the end of the decade as new supply comes online, the CEO of French energy firm TotalEnergies said in Qatar on Tuesday. LNG supplies are expected to increase by around 100 million tonnes per year, or around 20%, by 2030, particularly from new projects in Qatar and the United States, Patrick Pouyanne told reporters at a groundbreaking ceremony for the expansion of Qatar's giant North Field LNG facility. Global LNG prices surged to a record in the wake of Russia's invasion of Ukraine last year, as Europe sought to replace Russian pipeline gas supplies. «It is better for everyone to have more supply in the market to stabilise the price than having a tense market like today.

Parul Chaudhary and Priti secured silver and bronze medals respectively in the women's 3000m steeplechase but they were left chasing the shadow of Bahrain's Yavi Winfred Mutile, who set an Asian Games record on way to defending her title here on Monday. Parul clocked 9:27.63 seconds, which was more than nine seconds behind the Bahrain runner who took the top podium finish in 9:18.28, a new Games record.

Afghanistan in the Russian city of Kazan that saw participation from India and representatives of the Taliban called for an inclusive government in Kabul, ensuring rights of women and preventing the Afghan territory from being used for spreading terror. India was represented at Friday’s meeting by its Moscow-based envoy Pawan Kapoor. ET was the first to report that India will participate in the Moscow format meet in Kazan on September 29. The fifth meeting of the Moscow format on Afghanistan also witnessed the participation of special representatives and senior officials from Russia, China, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Turkmenistan and Uzbekistan. Representatives of Qatar, the UAE, Saudi Arabia and Turkiye also attended the meeting as invited parties.

Exciting news! Mint is now on WhatsApp Channels: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! The Pakistani senator has emphasized the need to export skilled labor in order to increase the country's foreign remittances. "Only professionals going abroad would increase the country's foreign remittances," the senator said, according to Dawn.

beggars arrested in foreign countries belong to Pakistan, reported Pakistani English-language newspaper The Dawn. " The Senate Standing Committee on Overseas Pakistanis was informed on Wednesday that a growing number of beggars from Pakistan were moving abroad, which has spurred ‘human trafficking’," the report said. Overseas Ministry Secretary Zulfikar Haider disclosed this during a discussion in the Senate panel on the issue of skilled and unskilled labour leaving the country. Haider told the committee that a staggering “90 per cent of beggars” arrested in foreign countries were of Pakistani origin, Dawn reported. Furthermore, it was revealed that many beggars exploit pilgrim visas to gain entry into countries such as Saudi Arabia, Iran, and Iraq. Shockingly, a significant number of pickpockets arrested at holy sites were also identified as Pakistani nationals. Meanwhile, Haider said that Japan has now emerged as a new destination of such visitors, according to Dawn. Moreover, he emphasized Pakistan's historical role in exporting skilled labour and expressed optimism that the country's foreign remittances would increase when professionals went abroad. He further said that Saudi Arabia now preferred skilled labour over untrained individuals, according to Dawn. Hasan also noted that as many as 50,000 engineers in Pakistan were unemployed. «India has reached the moon, while we stumble every day,” the senator added. He also informed that that approximately three million people were in Saudi Arabia, 1.5 million Pakistanis were in the UAE, while 0.2 million were in Qatar.