Tuesday 9 February 2016
 
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Qatar

Ooredoo Myanmar secures $300m funding

Qatar-based Ooredoo Group’s fully owned subsidiary Ooredoo Myanmar has made funding arrangements with the Asian Development Bank (ADB) and the International Finance Corporation (IFC), the private sector investment arm of the World Bank Gro

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Qatar to award $22bn World Cup 2022 contracts

Qatar is set to award more than $22 billion worth of new contracts in 2016 as it maintains its spending spree in advance of the Fifa 2022 World Cup, said a report by regional projects tracker Meed Projects, ahead of a key industry event.

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Qatar ‘will act to maintain liquidity if needed’

Authorities in Qatar will use fiscal policy and money market operations if needed to prevent low oil and gas prices from causing a liquidity crunch in the banking system, the governor of the central bank (QCB) was quoted as saying.

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Westin opens first hotel in Doha

Hospitality giant Starwood Hotels and Resorts is expanding the presence of its Westin brand in the Middle East with the opening of its first hotel in Doha, Qatar, said a report. Starwood has opened the hotel with Ghanem Al Thani H

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Industries Qatar product price drop hits earnings

Petrochemicals, metals and fertiliser producer Industries Qatar (IQ) blamed lower product prices for an extended earnings slump on Thursday.   Although IQ's sales volumes hit an all-time high, the state-run f

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Qatar banks discuss lower repo rate with central bank

Qatari commercial banks are discussing with the central bank the possibility of reducing its repo lending rate as low oil and gas prices tighten liquidity in the banking system, market sources said on Thursday.  

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Qatar cuts January crude OSP to lowest in at least 12 years

Qatar has cut its January retroactive official selling price (OSP) for crude sales to Asia to the lowest in at least twelve years, in line with a fall in global prices.   The producer set the January OSP for Mari

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Qatar launches project to prevent outages

Qatar General Electricity and Water Corporation (Kahramaa) has launched a mega project to monitor its electricity distribution network in a bid to prevent outages, a report said. The monitoring for asset management of 11kV Electri

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Qatar launches project to prevent outages

Qatar General Electricity and Water Corporation (Kahramaa) has launched a mega project to monitor its electricity distribution network in a bid to prevent outages, a report said. The monitoring for asset management of 11kV Electri

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Murwab unveils new oceanfront resort in Qatar

Simaisma, a Murwab resort, has opened its doors to the public, unveiling an exciting new destination for local guests and global travellers visiting Qatar. The property is owned by Simaisma Resort Company and managed by Murwab Hot

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