Move over, Bali. Step aside, London. Chinese travelers are embarking on a new adventure, and their destination of choice is surprising the tourism world: the Middle East. Spurred by easier visa rules, a flood of new direct flights, and a thirst for unique experiences, Chinese outbound travel to the region is exploding. Data from the recent…
Tag: Qatar
Qatar launches $1 billion fund to boost venture capital and start-ups in the region
Qatar’s sovereign wealth fund, Qatar Investment Authority (QIA), has announced a new initiative to invest over $1 billion in venture capital funds that focus on the region’s emerging start-up ecosystem. The initiative, called the venture capital “Fund of Funds”, was launched by Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani at the Qatar Web…
Qatar to ship even more LNG to China
DOHA, QATAR: Qatar Petroleum has signed a 15-year LNG supply deal with China National Offshore Oil Corporation (CNOOC) for 3.5 million tons/year from 2022. This is the third deal signed by Qatar this year to ship LNG to China. They’ve also recently signed contracts with Taiwan and Pakistan Qatar Petroleum has entered into a…
Al Meera opens 53rd store in Qatar
DOHA: Al Meera Consumer Goods Company has announced the opening of its latest location in Rawdat Al Hamama, marking an important milestone in the developing locality and bringing the total number of stores in Qatar to 53. Al Meera also announced that as part of its expansion strategy, its Sealine Branch is now offering customers…