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Tag : Qatar

QNB Group Posts Almost 2 Billion USD Net Profit for First Half of 2018

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the six months period ended 30 June 2018.  For the first half of 2018, Net Profit reached QAR7.1 billion (USD1.9 billion), up…

QNB Group: Financial Results for the Year Ended 31 December 2015

QNB Group, a leading bank in the Middle East and Africa, continued to record robust growth in profitability, with Net Profit for 2015 amounting to QR11.3 billion (USD3.1 billion), up by 7.7% compared to 2014. Based on the strong financial…

How Do You Actually Cancel A Football World Cup Tournament?

It has never been done before and no defined procedure for doing it exists but, in theory, withdrawing the right to host a World Cup from a host nation should be an easy thing to do. Football has been in…

World Cup 2022: Qatar Says No Lives Lost On World Cup Construction Sites

The Qatari government has issued a firm defence in response to a Washington Post article last week that claimed 4,000 migrant workers are likely to die while working on 2022 World Cup sites in Doha, and that 1,200 have already…

Revealed: Qatar’s First Water Park Residential Tower

A Qatari developer has announced plans to build the country’s first water park inside a residential tower in Doha. Amwaj Suites and Residences will include several swimming pools, an artificial wave pool and water rides at the base of a…

The Most Powerful Man In Sports Is Making Money Off Slave Labor

This week’s shocking news out of the wild world of pre-World Cup Qatar was really no shocker at all. The BBC reported four of its employees, who’d recently been covering the state of worker’s conditions in the gulf nation’s capital of Doha,…

The Story Behind Qatar’s Overnight Gold Rush (Photos)

Venezuela, Iraq, Libya, Nigeria, all fallen victim to the resource curse, when an abundance of resources leads to economic distortions and limited growth. No one has seemed to take advantage of oil and done as well with it as Qatar has,…

Lusail City: Qatar In Chance Of Losing Its $45 Billion City Built For The World Cup

As you already know, Qatar is predicted to host the FIFA World Cup in 2022 – not during the summer, but most probably during the winter, as foreseen climate conditions have not been in favor of Qatar given the extreme…

FIFA Officials: Qatar Won’t Host The World Cup in 2022

According to Theo Zwanziger, the German member on the executive committee of world football’s governing body FIFA, Qatar won’t be hosting the World Cup in 2022. There has been a lot of discussions on whether or not Qatar is capable…