CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business

Peninsula
Qatar Business
QICCA, ICSID review cooperation relations during Singapore Convention week

THE PENINSULA DOHA: A delegation of the Qatar International Centre for Conciliation and Arbitration (QICCA) at Qatar Chamber, led by Dr. Sheikh Thani bin Ali Al Thani, QICCA’s Vice Chairman, participated in a series of meetings and visits on the sidelines of the Singapore Convention Week on Mediation 2025. As part of its program, the delegation met with Ms. Martina Polasek, Secretary-General of the International Centre for Settlement of Investment Disputes (ICSID) in Washington. During the meeting, both sides discussed a number of topics of common interest, with particular emphasis on enhancing cooperation and developing relations between QICCA and ICSID. They also explored the possibility of exchanging expertise to improve arbitration practices and broaden prospects for international cooperation in this field. The delegation further visited the Singapore International Arbitration Centre (SIAC), where they held talks with the management team on future cooperation and experience exchange. The visit included a presentation of SIAC’s leading practices in managing arbitration cases and resolving commercial disputes through alternative means, which stand as a pioneering international model in this sector. QICCA’s participation comes within the framework of its strategy to strengthen international partnerships and benefit from global best practices in arbitration and mediation, thereby enhancing its capabilities and consolidating its position as a leading institution in dispute resolution in the region.

Peninsula
Qatar Business
Al Rayan Investment announces cash dividend distribution for Al Rayan Qatar ETF

Doha: Al Rayan Investment LLC, in its capacity as the fund manager, announced a cash dividend distribution of QAR 0.026 per unit for the Al Rayan Qatar ETF, which is listed on the Qatar Stock Exchange. According to a statement published on the Qatar Stock Exchange website, all unit holders of the Al Rayan Qatar ETF as of the market close on Wednesday (the entitlement date), based on the records of Edaa, are eligible to receive the cash dividends, which will be distributed by Edaa. The statement clarified that the dividend yield amounted to 1.10%, based on the fund’s closing price yesterday. The Al Rayan Qatar ETF is considered one of the largest Sharia-compliant exchange-traded funds in the Middle East and emerging markets, and the second-largest Islamic ETF globally. It is also the largest listed Islamic investment fund in a single country.

Participants attending the training programme for customs brokers and representatives.
Qatar Business
QC launches 33rd session of ‘Customs Brokers Program’

DOHA: The Qatar Chamber (QC) recently launched the 33rd session of its training programme for customs brokers and representatives. Organised by the Chamber in collaboration with the General Authority of Customs (QAC), the month-long programme aims to qualify customs clearance operators and enhance their knowledge of regulations related to customs procedures. It further seeks to advance the customs clearance profession, improve the performance of workers in this sector, provide high-quality customs services to the public, and reduce congestion at customs ports. Speaking at the programme’s inauguration, Fatima Eisa Al Kuwari, Head of the Training and Development Department at the Chamber, said that since its launch ten years ago, the programme has successfully qualified a large number of customs representatives and brokers. She praised the role of the General Authority of Customs for its cooperation with the Chamber in organising the programme. The training covers a wide range of topics, including preferential international agreements, customs procedures, customs tariffs in accordance with the harmonised system, provisions and rules of origin, customs law, and the Al-Nadeeb Programme. Since its inception in 2015, the programme has played a pivotal role in preparing many customs brokers and representatives. Upon completion, trainees receive attested certificates from QC that qualify them to take the final test administered at the premises of QAC. QC regularly organises this programme as part of its efforts to equip the Qatari business community with skilled customs brokers, thereby facilitating and expediting clearance procedures at the country’s ports.

This photograph in Berlinon May 26, 2022, shows the logo of British multinational oil and gas company Shell at an oil and gas station. Photo by Astrid VELLGUTH / AFP Shell abandons huge biofuel project in Netherlands

London: British oil giant Shell announced Wednesday it has abandoned construction of one of Europe's largest biofuel plants in the Netherlands, as it focuses on its fossil fuels business. Faced with weak market conditions, the company last year suspended construction...

Representational file photo Gold prices rise 1% following US data showing decline in job openings

New York: Gold continued its record rise Wednesday, supported by weak economic data that boosted expectations of a Federal Reserve interest rate cut this month, while global uncertainty increased demand for the safe haven. Spot gold rose 0.9% to $3,562.80...

 

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