-
Oil edges higher, stocks gain as investors eye political risks
-
China draws up safety rules for autonomous vehicles
-
Man Utd sign reported record £20mn sponsorship deal for training kit
-
Wenger says scrapping Infantino's World Cup plan was "absolutely necessary"
-
Stokes reveals England coaching ambition
-
Spain confronts EU migration hawks in tense Ceuta talks
-
Cargo ship hit after Trump insists Iran talks could reopen Hormuz today
-
Firefighters hope to contain blaze on Athens outskirts
-
BP profit soars as Mideast war roils energy prices
-
Heatwave divides rich and poor of upmarket Seoul
-
Most stock markets gain, while oil prices edge up after plunge
-
Drone strike on Moscow region kills 5
-
Most stock markets gain, while oil prices edge up after latest plunge
-
Guatemala issues 'danger' alert after Fuego volcano erupts
-
Weak yen helps auto giant Toyota raise forecasts
-
Heat kills 16 in South Korea this summer: interior ministry
-
TRON DAO Joins Blockchain Application Stanford Summit at the Science of Blockchain Conference as a Sponsor
-
Arson suspect arrested as US northwest battles wildfires
-
Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling
-
Britain's Royal Mint strikes gold in electronic waste
-
After sparring over Ceuta, EU states seek lessons from crisis
-
Amorim evokes spirit of Baresi as he bids revive AC Milan fortunes
-
Forest fire spreads in Dutch nature reserve
-
Suspected heatstroke kills three lions at Japan zoo
-
Japan sees 'urgent' need to boost military
-
Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast
-
Myanmar ex-junta chief set for first Thailand visit as civilian leader
-
Trapped by war, Bangladesh seafarer recounts Gulf ordeal
-
New Zealand hooker Bell out of South Africa tour with calf strain
-
WWII shells surface in wildfire-ravaged French village
-
Trump attorney general pick looks set to clear US Senate hurdle
-
Last Scottish island bird hunt banned after almost 500 years
-
Ore Energy Raises $43 Million to Unlock Renewable Baseload Power for the AI Era
-
Death toll from Venezuela quakes rises past 6,000
-
Fritz outguns Jodar to win ATP Washington title
-
Shafique, Babar lead strong Pakistan reply against West Indies
-
Major League Soccer names LAFC co-owner Berg as next commissioner
-
Defending champ Shelton finding tournament sweet spot in Montreal
-
Osaka out to improve Toronto fortunes with eye on US Open
-
Democratic-led US states sue in latest challenge to Trump's tariffs
-
Dow hits fresh record as oil prices tumble
-
Trump says Iran facing 'last chance before decapitation'
-
Trump board reassures Israel after objections on Gaza pullout
-
US northwest battles wildfires after Spokane neighborhoods scorched
-
Zelensky sacks his ambassador to the US
-
Iran denies negotiating with US, drawing Trump backlash
-
'Spider-Man' breaks record for domestic box office debut
-
Key dates for the Boeing 737 MAX
-
US regulators grant long-awaited Boeing 737 MAX 7 certificate
-
Israel objects to US-backed Gaza plan, defiant on pullout
Qatar spends big to beat post-World Cup blues
Months after hundreds of thousands of football fans packed into its hotels and stadiums, Qatar is seeking to remedy a bout of the post-World Cup blues by hosting more international events.
Along with the departed football crowds, thousands of foreign workers left the Gulf state after Lionel Messi lifted the coveted trophy on December 18. Many of those who stayed on are counting the cost.
Luxury hotels built for the tournament have laid off hundreds of staff as rooms costing thousands of dollars a night during the tournament can no longer be filled.
In a country normally hungry for labour, a shopping mall on the edge of Doha recently advertised 100 jobs and saw more than 1,000 people jostling outside for interviews.
Qatar estimates that the World Cup, which residents once dreaded, brought 1.4 million people to the state.
Akhtar Patel, who runs a jewellery store in Doha's Souq Waqif market, said business in comparison is "quiet".
"We really miss those fans now," he said.
The Eid al-Fitr Muslim holiday brought back some shoppers, but the decline has been such that Sandeev Kumar, who runs a print workshop, sent two of his four staff back to India because he could no longer afford to pay them.
"We miss the vibe, but we miss the business even more," he said.
On Doha's seafront promenade, host to a World Cup fanzone, some jobless workers have been reduced to asking for cash handouts, leading the interior ministry to issue a public warning against "uncivilised" begging.
But Qatar's economy remains healthy. After recording a trade surplus of nearly $100 billion in 2022, growth in 2023 -- bolstered by its natural gas riches -- is predicted by the World Bank to hit 3.4 percent, among the highest in the Middle East.
And a wave of newcomers has added nearly 100,000 to the population since the World Cup final, taking it to over three million, according to official figures.
- 'Push for transformation' -
Akbar al-Baker, head of Qatar's tourism agency and Qatar Airways, said hotel occupancy in the months after a World Cup is "always low".
The tiny country has made investments in tourism and hosting more major events a focus, Baker added, predicting Qatar will welcome more than five million visitors this year -- more than twice the number in pre-pandemic 2019.
Mechanical diggers are laying the ground for a six-month horticultural expo from October, which Qatar hopes will draw one million foreign visitors.
Concrete is also being poured at a new race track to host the second Qatar Formula One grand prix on October 8.
On Friday, Qatar was revealed as the host of the 24-nation basketball World Cup in 2027, despite having no tradition in the sport.
Culture Minister Sheikh Abdulrahman bin Hamad bin Jassim bin Hamad Al-Thani said that when Qatar first launched its Years of Culture series with other countries a decade ago it was a struggle to find candidates.
"Countries are now queuing to be part of the Years of Culture," he told an event for this year's partner, Indonesia.
New prime minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani took office in March and is expected to soon announce new economic initiatives, in part a response to growing competition from neighbouring Saudi Arabia, which has embarked on many reforms.
Business executives say they expect measures to attract the skilled expatriates and investment needed to wean Qatar's economy off its reliance on gas and oil.
Bassam Hajhamad, head of the PricewaterhouseCoopers consultancy's Qatar branch, said he is "definitely sure" the government will make changes.
He said businesses are showing a "push for transformation" into digital and other new areas.
Foreign workers currently have to leave once their contract finishes and few have the right to buy property.
Companies want "more resources, more talent", Hajhamd said, adding reforms to "labour and visa" regulations will make Qatar more attractive.
"Qatar has a lot of unique propositions compared to other countries. But we need to develop a more structured approach to attract talent."
D.Schneider--BTB