Latest in Tag: Qatar Highlight
Latest in Tag: Qatar
Qatar’s Masraf Al Rayan buys Islamic Bank of Britain
Reuters – Masraf Al Rayan, Qatar’s largest sharia-compliant bank by market value, said on Thursday it had completed its acquisition of Islamic Bank of Britain (IBB). Al Rayan did not disclose the terms of the purchase. IBB was majority-owned by another Qatari lender, Qatar International Islamic Bank, which had been in discussions with Al Rayan over a sale since mid-2012. Al Rayan said in a bourse …

Qatarâs QNB Q4 profit slightly below estimates
This compared with SAR 2.11bn in the same period of 2012.

Qatar comments fall-out leaves FIFA under attack
World football’s ruling body came under withering fire following FIFA secretary general Valcke’s claim that the 2022 World Cup in Qatar will be played in winter

Qatar requested to hand over Assem Abdel Maged: FM spokesman
Spokesman says the Egyptian government is seeking different channels to bring Abdel Maged back to Egypt
Egypt summons Qatari ambassador
Strong criticism of Egypt from Qatar strains relationship between the two Arab states

Gulf states draw sharpening criticism from trade unions and human rights groups
With major events and developments looming, conditions in the Gulf states will be illuminated under the international spotlight

Qatar signs aid deal worth $1.25bn for Morocco
Morocco is under heavy pressure from international lenders to reduce its budget deficit after spending heavily on food and energy subsidies and higher public sector salaries in 2011 and 2012 to help defuse social tensions.

Muslim Brotherhood an âentirelyâ legal organisation in UK: FCO spokesperson
Egyptâs foreign ministry addresses Arab League countries to implement the Arab Convention on Suppression of Terrorism

Gulf states line up as targets of trade unions and human rights groups
By James M Dorsey Gulf states are lining up as targets for criticism by international trade unions and human rights groups for their treatment of foreign workers. Qatar, long in the firing line following its winning three years ago of the right to host a World Cup, was joined this week by Abu Dhabi as …

World Cup emerges as agent of change in Qatar
By James M Dorsey Qatar is taking a beating in the court of public opinion with almost daily headlines raising questions about the way the Gulf state does business. Yet, its hosting of the 2022 World Cup is emerging six months into the reign of Qatarâs new emir as an agent of change. Harsh working …

Prosecutor general orders Morsi tried for espionage along with Brotherhood leaders
Former president has refused to cooperate with investigators, says Morsi’s defence lawyer

Why one foreign investor left Egypt
By Farah Halime One of the key markers of a thriving economy is whether investors are committed. For Egypt, attracting investors has remained a point of contention in the last three years â are they or are they not putting money in Egypt? Marshall Stocker, an American venture capitalist, was among a band of businessmen drawn …

Qatar launches politically sensitive survey into low football match attendance
By James M. Dorsey Qatari authorities, in a bid to counter criticism that the Gulf state lacks a football culture as well as a sense that low attendance of matches could constitute a form of protest, has launched a politically sensitive survey to gauge reasons for its empty stadia. The survey on the website of …

WTO’s global role hangs in the balance at Bali summit
âNow or neverâ, WTO chief tells high-stakes meeting

Gulf states, minus Qatar, rally Egypt investment to buoy army power
Egypt seeking investment from its Gulf Arab friends; Business ties with Qatar hurt by political dispute

Egypt to âdiversifyâ foreign relations: Fahmy
Foreign minister talks Russia, Qatar in interview
Qatar Bank gives Tunisia $500mn deposit : Source
The deposit was made as Tunisia’s Islamist-led government faces pressure from lenders such as the World Bank and the International Monetary Fund to make reforms to trim its budget deficit and end a political crisis.
Elshorbagy wins First World Series Crown at Qatar Classic
The match had all the makings of a great climax to the seventh PSA World Series event staged before a packed crowd at the Khalifa International Tennis & Squash Complex.
Qatar upholds 15-year sentence against maverick poet
“The Court of Cassation sentenced Mohammed al-Ajami to 15 years in prison,” confirming the sentence given to the poet by an appeals court in February, Nejib al-Naimi told AFP.

Qatar: Perfecting the art of scoring own goals
By James M. Dorsey State-owned Qatari television network Al Jazeera prides itself on hard hitting, let-the chips-fall-where-they fall reporting. Yet, it has systematically avoided in recent days the one story that potentially could affect the very future, shape and security of the wealthy Gulf state: controversy over the timing of the 2022 World Cup and …

Foreign reserves decline to $18.7bn
$200m drop between August and September

Fahmy to address UN General Assembly on Saturday
Egyptian Minister of Foreign Affairs Nabil Fahmy details “messages” he intends to deliver in New York City this week

Transfer of $1bn from Kuwait to CBE set for next week: Ramez
Ramez added that the bankâs foreign currency reserves totaled $18.9bn by the end of last August, prior to Qatarâs deposit.

Fahmy joins a diplomatic forum on the Middle East in Paris
FM Nabil Fahmy to meet with US Secretary of State John Kerry and French FM Laurent Fabius to discuss Palestine, Syria and Egypt

Qatar 2022 â A mixed blessing
By James M. Dorsey Winning the 2022 World Cup hosting rights has proven to be a mixed blessing for Qatar. The wealthy Gulf emirate, more than two years after world football body FIFA voted in Qatarâs favor, is under greater scrutiny than it ever has been and that it originally had bargained for. Qatarâs suitability …

Turkey and Qatar urge Egypt to return to the ballot box, release Morsi
FMs DavutoÄlu and Al-Attiyah say that âlegitimacy must return to Egyptâ

Qatar sends its third and fourth gas shipments to Egypt
Recent political developments in Egypt have negatively impacted bilateral ties with Qatar.

Turkish FM tours Europe to discuss Egypt
DavutoÄlu and counterparts share âdeep concernâ about violence

Qatar to send remaining liquefied gas shipments to Egypt
Chairman of the Egyptian Natural Gas Holding Company : EGAS received a letter from Qatar early Tuesday morning explaining the latterâs inability to send the remaining shipments due to recently decreased production capacities

EGAS chairman expects normal trade with Qatar
Qatari liquefied gas shipments to be sent to foreign distribution companies on Thursday according to previously agreed-upon time frames.