Pratap John

The airline industry will continue to face headwinds in the European Union, as nearly 1.2mn jobs, mostly in the travel and tourism sector, remain unfilled across the EU.

Doha Insurance Group has seen its gross written premium (GWP) scaling up 49% to QR859mn and net profit jumping 48% to QR60mn in the first half of the year, driven mainly by a growth in sales, claims control and diversification in terms of underwriting lines.

Qatar has been forecast to achieve a real GDP growth of 5.1% this year, which if realised would mark the "fastest pace" of growth since 2014, according to Emirates NBD.

Qatar’s GDP per capita may exceed $100,000 in 2026 as the national economy is expected to pick up steam in the years ahead, researcher FocusEconomics has said in an update. The country's GDP per capita in 2026 will be $101,816, FocusEconomics estimated in its latest report.

Amid signs of improvement due to strong pent-up demand, the Middle East’s aviation industry still faces strong headwinds, including geopolitical instability in Eastern Europe and its subsequent impact on the global macroeconomics

The dollar is probably close to a peak after its recent surge, Oxford Economics said, but noted several factors, including rate differentials and global liquidity conditions, are likely to remain dollar supportive for some time.

Qatar’s ample foreign reserves and sovereign wealth fund assets have helped the country service its ‘high” debt obligations, Economist Intelligence Unit (EIU) has said in its latest update

Qatar and the Middle East recovered to approximately 85% of Q2, 2019 seat capacity in the second quarter, a report by Airport Councils International (ACI) Asia-Pacific has shown.