Who Are the Two Qatari Billionaires Leading Forbes’ 2025 Rich List?

Forbes has unveiled its highly anticipated “World’s Billionaires List – The Richest in 2025,” marking a record-breaking year with over 3,000 individuals making the cut.

Among the global elite, two prominent Qataris have secured their place on this prestigious list, showcasing Qatar’s growing economic influence on the world stage. 

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The two Qataris featured are

  1. Hamad bin Jassim bin Jaber Al Thani
    Ranking: 929
    Net Worth: $3.9 Billion

Sheikh Hamad bin Jassim bin Jaber Al Thani previously served in diplomatic roles such as Prime Minister of Qatar from 2007 to 2013 and as Foreign Minister from 1992 to 2013.

He currently owns 3% of Deutsche Bank through an entity called Paramount Services Holdings.

  1. Faisal Bin Qassim Al Thani
    Ranking: 1850
    Net Worth: $1.9 Billion

Sheikh Faisal Bin Qassim Al Thani is the chairman of one of Qatar’s largest conglomerates, Al Faisal Holding.

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The company owns over 20 hotels around the world, including the St. Regis in Washington, D.C. and Miami, and the W Hotel in London.

The 2025 Forbes World’s Billionaires List is worth more than $16.1 trillion in total, over $2 trillion more than in 2024.

The list features 902 American billionaires, followed by China with 516 (including Hong Kong) and India with 205.

Topping the 2025 list is Elon Musk, with a net worth of $342 billion.

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Gulf Trick

Special Offers on Cars in Qatar for Ramadan 2025

Special Offers on Cars in Qatar for Ramadan 2025

As the holy month of Ramadan approaches, the excitement for special promotions and offers in Qatar is palpable.

This year, numerous automotive dealerships are rolling out enticing deals for those looking to purchase a new vehicle, making it an ideal time for car buyers.

Toyota Offers from Al Abdulghani Motors

Al Abdulghani Motors is grabbing attention with their attractive offers on popular Toyota models.

Customers who purchase the latest Veloz, Urban Cruiser, or Corolla will receive a special gift of a 10g 24-karat gold bar. Alongside this, buyers will benefit from a comprehensive package that includes:

  • A five-year warranty
  • One year of free comprehensive insurance
  • Free periodic maintenance for one year or up to 20,000 km
  • Five years of roadside assistance

For those eyeing the more robust Toyota Fortuner, RAV4, or Camry, the incentive is even greater, featuring a 20g gold bar along with the same extensive benefits package.

Contact: +974 800 1800
Location: Abdulghani Tower, Al Matar Street, C Ring Road
Instagram: @toyotaqatar

Lexus Promotions

Lexus is also making waves with their financing options at Al Abdulghani Motors.

Customers can acquire the Lexus ES, NX, or RX with a flexible payment plan: 25% down payment, 50% over three years, and the remaining 25% at the end of the term—all at a 0% profit rate. Monthly payments start at:

  • QR 2,415 for the ES
  • QR 2,568 for the NX
  • QR 3,165 for the RX

All models come with a five-year warranty and five years of roadside assistance.

Contact: +974 800 2929
Location: Main showroom, Al Matar Street, C Ring Road
Instagram: @lexusqatar

Bestune Offers from Al Mana Motors

For those looking for budget-friendly options, Al Mana Motors presents competitive pricing on Bestune models:

  • B70S starting from QR 2,100
  • T77 starting from QR 1,800
  • T90 starting from QR 2,300
  • T99 starting from QR 1,800

The offer includes a 3-Year/50,000 km service package and one year of comprehensive insurance, with a two-month grace period for payment commencement.

Validity: Until 31 May 2025
Contact: +974 800 7552
Location: Salwa Road
Instagram: @unitedcars_almana

Ford and Jeep Deals

Al Mana Motors is also showcasing special offers on Ford vehicles. Notable models include:

  • Ford Expedition XLT (2024): QR 199,000 with 50% down payment and zero interest for two years.
  • Ford Mustang GT (2024): QR 239,000 with similar payment terms.
  • Ford F-150 XL (2025): Starting at QR 94,500.

Each purchase includes a 5-Year/100,000 km warranty and roadside assistance.

Jeep enthusiasts can explore the Jeep Wrangler starting from QR 179,000 and the Jeep Grand Cherokee from QR 179,999, both with competitive financing options and service packages.

Contact for Ford and Jeep: +974 800 7551
Location: Airport Street
Instagram: @ford.qatar

RAM Offers

RAM vehicles are also part of the Ramadan promotions at Al Mana Motors, with options starting from QR 199,000 and an enticing QR 5,000 travel voucher with Skyline Travel.

The RAM 1500 Tungsten is available from QR 339,000, which includes a Platinum Sanad Membership.

Validity: Until 31 May 2025
Contact: +974 800 7552
Location: The Pearl Island, 100 Street
Instagram: @ramtrucksqa

With Ramadan just around the corner, these exciting offers provide a perfect opportunity for car buyers in Qatar.

Whether you’re looking for luxury, practicality, or budget-friendly options, dealerships across the country are ready to help you find the perfect vehicle. Don’t miss out on these limited-time promotions!

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MOCI Qatar Closes 12 Businesses for Violating Consumer Protection Regulations

MOCI Qatar Closes 12 Businesses for Violating Consumer Protection Regulations

The Ministry of Commerce and Industry has announced the closure of 12 commercial establishments for a period of 30 days due to violations of Article (11) of Law No. (8) of 2008 concerning consumer protection.

The violations included failure to comply with agreements made with customers and refusal to issue refunds.

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Details of the Violations

The establishments were penalized for not adhering to contractual obligations and refusing to refund customers. As a result, the Ministry imposed a penalty of complete closure for one month.

List of Closed Establishments:

  • Elite to Work Human Resource Hospitality and Training Centre – Zone 55
  • Eurasia Migration Services – Zone 25
  • Global Axis Services – Zone 38
  • Arab To World Consultants – Zone 26
  • World Wide Information Consultancy Services – Zone 27
  • Global Gateway – Zone 45
  • Albatross Services – Zone 41
  • CareerMakers Consultancy – Zone 38
  • Smart Voyage Migration Services – Zone 24
  • IMMI Trenity Consultancy – Zone 41
  • Significants Management Consultants – Zone 25
  • Next Step Group Services – Zone 53

Ministry’s Commitment

The Ministry reaffirmed its dedication to ensuring compliance with consumer protection laws and emphasized that regular inspections will continue to safeguard consumer rights.

Call for Consumer Cooperation

Consumers are encouraged to report any violations through official channels, as the Ministry aims to foster a fair and transparent business environment.

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How to Apply for the UAE Business Opportunities Visa

How to Apply for the UAE Business Opportunities Visa

Dubai: New Business Opportunities Visa for Investors Launched

Investors and entrepreneurs looking to explore business opportunities in the UAE can now apply for the ‘Business Opportunities Visa,’ as announced by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP).

This visa is tailored for those seeking investment prospects and allows for single or multiple entries into the country, depending on eligibility.

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Introduced in 2022 as part of a revamped visa system, the Business Opportunities Visa offers flexible durations of two, three, or four months. Applicants can apply directly without needing a UAE-based sponsor.

Application Process

To apply, individuals can visit the ICP’s smart services portal or registered typing centers in the UAE. Required documents include:

  • Valid passport copy
  • Proof of address (rental contract or hotel reservation)
  • Recent passport-sized photo
  • Certified bank statement
  • Health insurance coverage
  • Attested qualification certificate
  • Return ticket

Visa Fees

  • 60 days: Total Dh1,555
  • 90 days: Total Dh1,675
  • 120 days: Total Dh1,795

Steps to Apply

  1. Visit the ICP smart services portal.
  2. Select ‘Exploring Business Opportunities.’
  3. Choose your visa duration (60, 90, or 120 days).
  4. Fill out the online application with personal and identification information.
  5. Upload required documents and make the payment.

Applicants will receive a reference number for tracking their application. Refunds for fees are available only if the application is rejected.

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For more details and to start your application, visit the ICP portal.

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