Akbar Al Baker, CEO of Qatar Airways, explains that the group's financing does not come from the government but from its cash flow and its international lenders.» Read More
GENEVA, Sept 9- World trade is expected to grow by 2.5 percent this year and 4.5 percent in 2014, the World Trade Organization's new chief Roberto Azevedo said on Monday, revising down previous estimates of 3.3 percent and 5 percent. e.
*Kharafi Group is major shareholder in Kuwait's Zain. Asiacell- 64 percent owned by Qatar's Ooredoo- listed on the ISX in February after selling $1.27 billion of shares in a public sale that was Iraq's largest.
LONDON, Sept 5- The United Arab Emirates has the "vainest" skyscrapers in the world, a report measuring the extent of spires and other height-boosting additions to the top of buildings said on Thursday.
DUBAI, Sept 3- Syria's civil war and political strife in Egypt have thrown up new battlegrounds on the Web and driven a surge in cyber attacks in the Middle East, according to a leading Internet security company.
LONDON, Sept 3- Order books for major engineering and construction companies serving the oil and gas sector have fallen in the last year, pricing is becoming increasingly aggressive and profit margins have shrunk, all of which suggest pressures on the engineering supply chain are starting to ease.
*Jason Chew appointed as Asia real estate head- sources. *Hiring follows senior banking recruitments from Asia. Under newly-appointed Chief Executive Ahmed Al-Sayed, the $100 billion- plus sovereign fund is scouting for opportunities in Asia and the United States.
DOHA/ CAIRO, Aug 30- Saudi Arabia, a supporter of rebels fighting to topple President Bashar al-Assad, has raised its level of military alertness in anticipation of a possible Western strike in Syria, sources familiar with the matter said on Friday.
*Region in many ways well prepared for Syria escalation. DUBAI, Aug 29- Wealthy Gulf Arab economies are probably not as vulnerable to the effects of a widening of the conflict in Syria as steep falls in their stock markets this week suggest.
Aug 29- The prospect of a U.S. military strike on Syria has stoked fears that Damascus, or its closest ally Iran, may retaliate against U.S. allies in the Gulf- all leading global oil or gas suppliers.
DUBAI, Aug 26- A consortium of central banks from Asia, the Middle East and Africa has taken a first step towards developing a cross-border market in Islamic financial instruments by issuing a $490 million sukuk. The three-month Islamic bonds, denominated in U.S. dollars, were issued by the Malaysia- based International Islamic Liquidity Management Corp.
LAUNCESTON, Australia, Aug 26- Liquefied natural gas prices in Asia tend to rise ahead of the northern winter, but this year it's possible that the gains will be maintained for longer into the new year. As is customary in many commodity markets in Asia, China is likely to be the swing factor in what happens to LNG demand.
*Damascus hospitals say nerve gas attack killed 355- MSF. President Barack Obama considered options on Saturday for a possible military strike on Syria in response to a nerve gas attack that killed hundreds as Syria sought to avert blame by saying its soldiers had found chemical weapons in rebel tunnels.
LONDON, Aug 23- Syria's warring sides might have struggled to get the foreign arms they want, but even before this week's apparent chemical attack both government and opposition were using ever more powerful conventional weapons.
*Hopes for market opening have been disappointed for years. *MSCI upgrade of Qatar, UAE puts pressure on Saudis. DUBAI, Aug 22- A long-awaited opening of Saudi Arabia's stock market to direct foreign investment appears near, industry executives and fund managers say- a reform that could give equity investment in the Gulf its biggest boost for years.
The decision by AT&T's U-verse pay-TV service stemmed from a contract dispute over terms to carry the new channel, AT&T spokesman Mark Siegel said. Before AT&T's announcement, Al Jazeera America said it would be available in more than 40 million homes, roughly half the reach of Time Warner Inc's CNN.
Aug 20- AT&T's U-verse pay-TV service said it will not carry Al Jazeera America, the cable news network funded by the emir of Qatar that debuted in the United States on Tuesday but has struggled to find distributors. The decision was due to a contract dispute over terms to carry the new channel, AT&T spokesman Mark Siegel said.
*Saudi Arabia pledges more aid to Egypt if needed. *Union Properties continues surge in Dubai. DUBAI, Aug 20- Egypt's bourse snapped a three-session losing streak on Tuesday after authorities arrested Muslim Brotherhood leader Mohamed Badie, raising hopes among some investors that the government would succeed in dampening down unrest.
*Egypt may get many more billions from Gulf if needed. Clashes between followers of deposed Islamist President Mohamed Mursi and security forces have caused the deaths of at least 830 people since Wednesday, the worst political bloodletting to rock Egypt in recent history.
BALCOMBE, England, Aug 19- British police dispersed hundreds of protesters who blocked access to an oil exploration site in rural England on Monday in an intensification of an almost month-long standoff over the nascent shale gas extraction industry in Britain.
*Qatar index makes second rise above 10,000 points. *Egypt's stability may be temporary. DUBAI, Aug 19- Qatar's bourse rose back above the psychologically important level of 10,000 points on Monday, buoyed by second-quarter corporate earnings and government budget plans, while Egypt stabilised after big losses due to political violence.