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Qatar’s Masraf Al Rayan Halts Libyan Bank Stake Buy On Political Conditions

The lender had said in January 2013 that it was looking to buy a strategic stake in a Libyan commercial bank.

Qatar Rejects Suggestions That 2022 World Cup May Be Moved

FIFA executive committee member Theo Zwanziger had said the event would be shifted away from Qatar because of extreme heat in the country.

Qatar Will Not Host World Cup – FIFA’s Zwanziger

The executive committee member said that the scorching summer in Qatar makes it unfavourable for soccer.

Al Jazeera Countersues Al Gore Over $65m

Al Jazeera bought Current TV for an estimated $500 million in 2013 from Al Gore.

Industries Qatar Shelves Multi Billion Dollar Petrochemicals Project

The Al Sejeel petrochemical project, one of the world’s largest mixed-feed steam crackers, was scheduled for completion in 2018.

Emir Assures Merkel Qatar Doesn’t Fund Extremists In Syria, Iraq

Angela Merkel said Al Thani had assured her Qatar’s security was also at stake in the fight against the Islamic State and that she had “no reason not to believe what the emir said”.

German Chancellor Merkel Sees Closer Energy Cooperation With Qatar

Qatari ruler Sheikh Tamim bin Hamad Al Thani is currently visiting Berlin.

Pictures: Qatar Airways Receives First Airbus A380

The Qatari carrier will deploy the jumbo jet on its Doha- London route from October.

Qatar Airways Takes Delivery Of Its First Airbus A380

CEO Akbar Al Baker said Airbus was not to blame for the delayed delivery of the world’s largest airliner.

Qatar Regulates Charities After Western Concern Over Islamic State Funding

Qatar’s ruler approved a law to regulate charity organisations involved in politics, as well as those that sent money abroad or received foreign financing.

Qatar National Bank Lifts Ecobank Stake In $283m Deal

The purchase comes after QNB acquired a 12.5 per cent stake in Ecobank from Nigerian “bad bank” Asset Management Company of Nigeria (AMCON) this month.

Libyan PM Accuses Qatar Of Sending Planes With Weapons To Tripoli

Libyan Prime Minister Abdullah al-Thinni said that he will consider breaking off relations with Qatar if it continued to interfere in Libya’s internal affairs.

Qatar-Based Cleric Criticises US Role Against Islamic State

Sheikh Youssef al-Qaradawi, an Egyptian-born cleric based in Doha, said Washington was acting in its own interests.

Prominent Muslim Brotherhood Figures To Leave Qatar

Qatar and Turkey were the only regional countries to back the Brotherhood after Egypt’s army toppled Mohamed Mursi last year following mass protests against his rule.

Qatar To Launch Venture Share Market Early Next Year

Ten SMEs have applied to list on the new market and five of them have so far fulfilled the requirements, according to a report.

FIFA 2022 World Cup: Qatar Confident Of Being Cleared In Ethics Committee Report

New York lawyer Michael Garcia delivered his report last week to FIFA’s Ethics adjudicatory chamber, who will decide on the consequences in about a month.

Oil Still Accounts For 90% Of Saudi’s Total Revenues – Report

The UAE, specifically Dubai, has been exemplary in diversifying revenue streams, stated a report by Alkhabeer Capital.

Stock News: Qatar’s GIS Jumps On Qatar Petroleum Contract

A unit of Gulf International Services (GIS) signed contracts worth $1.4 billion to supply drilling rig services to Qatar Petroleum.

Qatar Petroleum Signs $1.4bn Contracts With GIS Unit

GDI, a subsidiary of Gulf International Services, will provide two new offshore rigs and two new land rigs, and extend four other contracts.

Investigators Deliver Qatar 2022 Ethics Report To FIFA

The report, which is not expected to be made public, contains recommendations from investigators about conducting future bids and the action that needs to be taken against individuals.

Qatar Confirms That It Has Detained Two British Human Rights Workers

Krishna Upadhyaya and Ghimire Gundev, who were investigating the abuse of Nepali migrant workers in Qatar, went missing on August 31.

Egypt Charges Ex-President Mursi With Leaking State Secrets To Qatar

The public prosecutor said Mursi’s aides leaked documents which detailed the country’s foreign and domestic policies.

Qatar National Bank Says Buying 12.5% Stake In Ecobank

The stake will consist of current outstanding ordinary shares and the conversion of QNB’s convertible preference shares.

UAE Named 12th Most Competitive Nation Globally, Qatar Falls Three Ranks

The UAE was named the most competitive country in the Middle East and North Africa region while Qatar and Saudi Arabia fell in their rankings, a report from the World Economic Forum shows.

FIFA To Discuss Dates For 2022 Qatar World Cup On Sept 8

Officials from football associations worldwide will debate on whether to shift the tournament from the summer months.

Qatar Telco Ooredoo’s Myanmar Start-Up Focuses On Pay-As-You-Go

Ooredoo and Norway’s Telenor Group last year won telecom licences in the southeast Asian country, whose mobile penetration is about 10 per cent, among the lowest globally.

Qatar Lender Al Khaliji Names Khalifa As CEO

Fahad Abdulla al-Khalifa has previously worked at Qatari institutions including Qatar National Bank and the Qatar central bank.

Saudi Stocks Richly Valued But Still Attractive -Funds

Fund managers still see pockets of opportunity in Saudi due to the market’s liquidity and diversity.

Qatar To Help Rebuild Gaza

The Gulf state released an official statement declaring its support to revive Gaza’s war torn economy.

Pictures: Qatar Airways’ New Airbus A350 XWB

The carrier is set to receive the first delivery of the new widebody aircraft in the fourth quarter of this year.