Qatar Business

Doha: Qatar Airways is bringing the latest in cutting-edge airline luxury to this year’s Arabian Travel Market (ATM) Dubai with its ‘Qsuite Next Gen’ – the newest iteration of its multiple award-winning patented Qsuite Business Class. Visitors and exhibitors will have the opportunity to experience the latest and greatest of the Qatar Airways’ industry-leading product from 28 April to 1 May 2025. The airline is again setting the industry’s benchmark for travel innovation and business class experiences through the design of Qsuite Next Gen that features fully customisable Quad Suites creating the largest social space in the sky for groups of four and window aisle Companion Suites. All suites have 4K OLED manoeuvrable in-flight entertainment screens that can be moved to connect the spacious and private suites. From ambient lighting to privacy controls to the ‘Make My Bed’ button for the 5-star Qatar Airways turn-down service; ATM visitors are invited to interact with Qsuite Next Gen’s vast range of customisation options that create an unparalleled experience. Both the Quad and Companion Suites further boast increased dining space and taller digitally controlled privacy dividers, a testament to the airline’s consideration of passenger comfort in the skies. With this year’s ATM theme, “Global Travel: Developing Tomorrow’s Tourism Through Enhanced Connectivity”, Qatar Airways will spotlight its continued investment in technology, and customer experience, reinforcing its position as a global aviation leader. Join Qatar Airways at ATM Dubai 2025 and experience the next evolution in travel at the Dubai World Trade Centre, stand ME 1420 between hall 3 and 4.

World Business

Washington: International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday warned that uncertainty is "costly" amid recent tariff increases, noting that rising trade barriers have an immediate impact on growth. "Putting together all the recent tariff increases, pauses, escalations, and exemptions, it seems clear that the USeffective tariff rate has jumped to levels last seen several lifetimes ago," Georgieva said in a speech before the IMF-World Bank Spring Meetings scheduled for next week. "The complexity of modern supply chains means imported inputs feed into a broad range of domestic products. The cost of one item can be affected by tariffs in dozens of countries. In a world of bilateral tariff rates, each of which may be moving up or down, planning becomes difficult," Georgieva said. "The result? Ships at sea not knowing which port to sail to; investment decisions postponed; financial markets volatile; precautionary savings up. The longer uncertainty persists, the larger the cost," she continued. The IMF chief noted that rising trade barriers hit growth "upfront," and protectionism erodes productivity over the long run, especially in smaller economies. The IMF will quantify these costs in its new World Economic Outlook, to be released early next week. "In it, our new growth projections will include notable markdowns, but not recession. We will also see markups to the inflation forecasts for some countries," Georgieva said. The IMF chief urged policymakers to redouble efforts to "put their own houses in order," noting that most countries must "take resolute fiscal action to rebuild policy space," setting out gradual adjustment paths that respect fiscal frameworks. She also called for "agile and credible" monetary policy, along with strong financial regulation and supervision. Highlighting the importance of "cooperation in a multi-polar world," the IMF chief emphasized that trade policy must aim for a settlement among the largest players that preserves openness and delivers a more-level playing field - "to restart a global trend toward lower tariff rates while also reducing nontariff barriers and distortions."

Qatar Business

Doha: The price ofgoldin the Qatari market rose by 3.18 percent this week, reaching USD 3,341.52000 per ounce, according to data released on Thursday by Qatar National Bank (QNB). The price increased from USD 3238.48780 recorded last Sunday. The data also indicated that the rest of the precious metals saw weekly changes, with silver rising by 0.98 percent to USD 32.62000 per ounce, up from USD 32.30400 on Sunday, while platinum rose by 2.45 percent to reach USD 974.96980 per ounce, compared to USD 951.65000 at the beginning of the week. Read Also Al Rayan Bank diamond sponsor for ‘Trade and Treasury Transformation Summit 2025’ Commercial Bank reports QR651.4m net profit after tax for Q1 2025 QFZ awarded three ISO certifications