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Tag Archives: Qatar

Qatar promises $15b investment in Turkey: presidency

Qatar pledged $15 billion (Dh55.09 billion) of investment in Turkey that will be channeled into Turkish financial markets and banks, a government source told Reuters yesterday. The investment package was announced after Qatar’s Emir Tamim Bin Hamad Al Thani met President Tayyip Erdogan in Ankara, as Turkey grapples with a …

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EU investigates Qatar’s long-term LNG contracts

The European Commission is investigating the bloc’s biggest seaborne gas supplier Qatar Petroleum over potentially restrictive 20-year supply agreements inhibiting development of a single gas market, its latest challenge to a major gas supplier. The bloc, having just wrapped up a seven-year market abuse probe into Russian giant Gazprom, said …

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Charles Kushner explains his meeting with Qatar’s finance minister, says it was ‘a wrong thing to do,’ but ‘none of us knew the rules of government’

Charles Kushner, the real-estate developer and father of President Donald Trump’s senior adviser, Jared, said in an interview with The Real Deal that his much-scrutinized meeting with the Qatari finance minister last year was “wrong.” The meeting occurred in New York City just months after Trump’s inauguration, and the men …

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UAE, Russia forge strategic partnership

The UAE and Russia signed on Friday a Declaration of Strategic Partnership to cooperate in various sectors such as politics, security, economy and culture, along with cooperation in the humanitarian, scientific, technological and tourist domains. The declaration was signed by His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi …

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Hamas Shuts Qatari Cell Provider in Gaza After Convoy Attack

Gaza’s Hamas rulers have shut the offices of a Qatari-Palestinian cellular provider in connection with its investigation into an explosion that targeted the visiting Palestinian prime minister. Hamas police spokesman Ayman Batniji said Saturday that Wataniya Mobile, a subsidiary of Qatar’s Ooredoo, was being closed down for “refusing to cooperate” …

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Fiscal reforms, geopolitics to pressure GCC corporate profits

The GCC’s non-financial corporate sector is expected to face pressure on profitability resulting from fiscal consolidation efforts in the current year and the next, according to ratings agency Moody’s. “GGC governments have done fairly well in balancing reform implementation while preventing any systemic shock to the corporate sector. However, fiscal …

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New hope emerges in Egypt-Sudan Nile dam spat

New hope has emerged in the long-running diplomatic dispute over a dam Ethiopia is building on the Nile River, which Cairo sees as an existential threat. On Thursday, Egypt’s President Abdul Fattah Al Sissi and Ethiopian Prime Minister Hailemariam Desalegn said they were opposed to any “conflict” over the sharing …

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UAE denies it violated Qatari airspace

The UAE has denied a Qatari claim that its airspace was violated by an Emirates’ military aircraft in December. UAE Minister of State for Foreign Affairs Dr Anwar Gargash tweeted on Friday: “The Qatari complaint about the UAE’s violation of its airspace is untrue and confused; we are working to …

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Oman’s economy seems to be in correction mode

Jasim Ali, Special to Gulf News The Omani economy is doing fine in the ongoing environment of continuing socioeconomic challenges. What’s more, multinational agencies are projecting improved performances in the medium-term for the sultanate on the assumption of stronger oil prices. Also, the preliminary projections for 2018 budget assume stronger …

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AN AL JAZEERA REPORTER WENT UNDERCOVER WITH THE PRO-ISRAEL LOBBY IN WASHINGTON

BRITAIN’S BROADCASTING REGULATOR on Monday concluded that Al Jazeera did not violate any rules in its controversial undercover investigation exposing the Israeli embassy’s campaign to target British citizens critical of Israel, a campaign that included attempts to destroy the careers of pro-Palestinian British politicians. The move by the communications regulator, known as …

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Qatar’s Pragmatic Syria Gamble

The 2017 Gulf Crisis between Qatar and its GCC neighbors has developed into a clash of narratives that concerns not only the various regional interests in the Middle East, but also vital U.S. national interests. The Quartet (Saudi Arabia, UAE, Bahrain and Egypt) has justified its embargo against Qatar due to its alleged political, ideological and financial support to non-state terror …

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Shell signs bunkering deal with Qatar

Royal Dutch Shell has signed a framework agreement with Qatar Petroleum on LNG bunkering, according to a statement on June 14. The super-major’s deal comes despite the recent political turmoil around Qatar’s relationship with Saudi Arabia and the United Arab Emirates. The agreement follows two earlier memoranda of understanding (MoUs) …

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Qatar’s Al Jazeera Twitter account back after suspension

The Arabic-language account of Al Jazeera has been restored on Twitter after being suspended due to what the network called “an organised campaign”. The account, with just under 12 million followers, was suspended for an unspecified reason early on Saturday. Al Jazeera is the flagship broadcaster for Qatar, which is …

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Western envoys shun Qatar event attended by Omar Bashir

The Levant News — Western diplomats shunned the opening ceremony of a conference in Qatar on Sunday attended by Sudan’s president, who is wanted for war crimes by the International Criminal Court (ICC). Omar Hassan al-Bashir, who came to power in Sudan in a 1989 Islamist and military-backed coup, has …

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