First-quarter sales volumes will be down by around 40,000 bpd partly due to production issues in the MENA region.
The value of the transaction is seen at around $460 million.
Reports claimed Qatar Investment Authority was seeking a consortium for an £8 billion takeover of the British retail store.
Government spending related to the World Cup will hit almost $115 billion between now and 2022, says new study.
Qatar Investment Authority has reportedly approached several large private equity houses to jointly bid for British retailer Marks & Spencer.
The Qatari firm is in talks with around 9-10 banks about committed financing for a bid.
Last month Egypt’s financial regulator approved an offer by Qatar National Bank for NSGB.
The discovery was made at the 4-North offshore block near Qatar’s massive North Field.
Visitors from Qatar and Kuwait were found to be the biggest spenders.
France’s ex-President would take a non-executive role to help direct where to invest $650 million.
Qatar signed an MoU with Islamic Development Bank and the Dallah Albaraka Group last year to establish a new international Islamic bank.
Qatar has been a key source of foreign aid to Egypt since its 2011 revolution giving $5 billion.
The 2013 Gulf Business Salary Survey reveals the highest paying jobs in the country.
The country ranked 28th overall in the World Economic Forum’s Travel & Tourism Competitiveness Report 2013.
The Gulf state’s central bank will offer local banks 3 billion riyals worth of bonds and 1 billion riyals worth of Shariah-compliant notes.
UEFA president Platini has suggested Qatar shares the 2022 World Cup throughout the Middle East and moves it outside of Summer.
The world’s second fastest man will compete at the meeting on May 10 in Qatar – the first of 14 Diamond League fixtures.
Chicago schedules amended to three-a-week and Chengdu is put on hold
Profit was boosted by higher revenue in Qatar, Indonesia and Iraq.
Qatar and UAE-backed investors are expected to make what will be the largest ever bid for a football club.
Two years after Qatar won the right to host the World Cup, little work on many of the big projects has actually started.
The soccer star will be supporting various programmes to increase life chances of young people in MENA and South-East Asia.
Qatar’s sovereign wealth fund plans to invest in the Russian state-owned bank.
All operations in which Qtel owns a controlling interest will rebranded under the new name.
Qatar National Bank had planned to buy 77 per cent of National Societe Generale Bank last year.
The Gulf’s second-largest chemical producer made a net profit of 1.8 billion riyals ($494.4 million) for the fourth quarter.
The Qatar sovereign has ratings of Aa2 from Moody’s and AA from S&P, and was in the bond market last summer with a $4 billion sukuk issue.
Donor countries meeting in Kuwait last month pledged more than $1.5 billion to aid Syrians affected by the civil war.
Alongside funnelling east-west business traffic via Doha, the new route will appeal to leisure travelers.
The issue will be split equally between a local offering and global depositary receipts (GDRs) in London.