Europe Top News and Analysis Qatar

  • *Qatar calls on IAEA to create regional safety framework. PARIS/ ABU DHABI, March 20- Qatar has called on the International Atomic Energy Agency to intervene in a dispute over a $24 billion nuclear power plant which the United Arab Emirates is building. Relations between Qatar and its neighbour are already strained after the UAE, Saudi Arabia, Egypt and Bahrain...

  • *Qatar calls on IAEA to create regional safety framework. PARIS/ ABU DHABI, March 20- Qatar has called on the International Atomic Energy Agency to intervene in a dispute over a $24 billion nuclear power plant which the United Arab Emirates is building. Relations between Qatar and its neighbour are already strained after the UAE, Saudi Arabia, Egypt and Bahrain...

  • March 20- Saudi Arabia's stock market dropped on Wednesday as its banks fell, while most major Gulf markets also slid, mirroring global cues ahead of a decision by the U.S. Riyad Bank slipped 1.8 percent as the lender traded ex-dividend, while Saudi's largest lender National Commercial Bank shed 1 percent. The kingdom's largest food products company Savola...

  • OSLO, March 19- Norsk Hydro, one of the world's largest producers of aluminum, battled on Tuesday to contain a cyber attack which hit parts of its production, sending its shares lower and aluminum prices higher. The company shut several metal extrusion plants, which transform aluminum ingots into components for car makers, builders and other industries, while its...

  • The company shut several metal extrusion plants, which transform aluminium ingots into components for car makers, builders and other industries, while its giant smelters in countries including Norway, Qatar and Brazil were being operated manually. News of the attack pushed aluminium prices up 1.2 percent to a three-month high of $1,944 a tonne in early trade...

  • *Abu Dhabi's Dana Gas adds on share buyback plan. March 18- Saudi Arabia's benchmark stock index closed at its highest in nearly four years on Monday as bank shares rose on its first day as a member of FTSE Russell's emerging-market index, which is expected to attract billions in passive fund inflows. In the short term, the upside is limited since this was a...

  • *Britain to receive 14 cargoes in March. LONDON, March 18- Britain's imports of liquefied natural gas for March are at their highest levels since October 2015, helping British wholesale gas prices slide to a more than 18- month low. The influx of LNG follows a large boost in supplies in the past half a year, mainly from the United States and Russia, and subdued demand in...

  • RIYADH, March 18- Saudi Arabia's listed companies could see holdings by foreign investors rise to 10 percent when their shares are included in index providers MSCI and FTSE's emerging-market indices, the chief executive of Tadawul told Reuters on Monday. Tadawul is the Middle East's largest exchange and Saudi Arabia's main exchange. Hussan said he estimates...

  • markets mixed@ DUBAI, March 17- Saudi stocks dipped slightly on Sunday, a day ahead of the market's inclusion in the FTSE Russell's emerging market index, while other Gulf markets were mixed with Qatar down 1.1 percent on weakness in banks and real estate firms. "We can reasonably expect between 90 billion to 100 billion riyals inflows," said Muhammad Faisal Potrik,...

  • March 15- Texas LNG's proposed Brownsville liquefied natural gas export terminal in Texas took a step toward receiving federal approval for construction on Friday after staff at the federal energy regulator prepared a final environmental report. Texas LNG's project is one of dozens of LNG export terminals under development in the United States, Canada and...

  • *Companies from Japan, South Korea and India show interest. DHAKA, March 14- Bangladesh is extending the deadline by three months for companies to submit expressions of interest to build the country's first onshore liquefied natural gas terminal, two sources familiar with the matter said on Thursday. "We are getting huge response from companies," the second...

  • *India sees LNG imports providing half of its gas needs by 2030. India last year was the fifth largest importer of U.S. "Traditional suppliers like Qatar or Russia have shown a lot of flexibility in recent past where they have modified their contracts, re-negotiated their contracts, aligned them to the market," Tripathi said in a brief interview.

  • DOHA, March 13- Qatar's cabinet said on Wednesday it would identify several new areas where foreigners can own real estate, state news agency QNA said, part of a campaign to draw more investment to a sector that has been hit in recent years. Last year Qatar passed a law permitting greater foreign ownership of its real estate sector, but details on how or where it would...

  • DUBAI, March 12- Iran is to launch four new phases at South Pars, the world's largest gas field, with a production capacity of up to 110 million cubic metres per day, the oil ministry said on Twitter on Tuesday. The offshore field is shared between Iran and Qatar, which calls it North Field,. Iran needs foreign investment to boost output from its oil and gas reserves...

  • BEIRUT, March 11- Qatar Petroleum said on Monday it had struck a deal with Italy's ENI to acquire a 25.5 percent participating interest in block A5A in the Angoche basin, offshore Mozambique. The agreement between state-owned Qatar Petroleum and ENI, which operates the block, is subject to regulatory approvals by the Mozambique government, Qatar Petroleum said...

  • Workers offload cargo from a Qatar Airways Cargo plane at the Hamad International Airport in Doha on July 20, 2017.

    The small gas-rich monarchy has expanded its trade relations after the 2017 blockade levied by its neighbors cut access to an estimated 60 percent of the goods it imported.

  • Prices for April delivery to northeast Asia are estimated at $5.70 per million British thermal units, $0.30/ mmBtu below last week. Inventories in Japan and South Korea were still high. In Japan and South Korea, the delivery pace was largely stable in the first week of March, compared with February.

  • LONDON, March 7- Britain's Serious Fraud Office failed to take "reasonable and appropriate" steps to get key documents from Qatar's U.S. lawyers before a fraud trial of four former Barclays executives, a London criminal court heard on Thursday. The jury was told that Judge Robert Jay had ruled in January on the SFO's failure to obtain the documents from Latham&...

  • BERLIN, March 6- The number of flights permitted between the European Union and Qatar will gradually increase following the signing of an agreement this week and result in unlimited access by 2024, the CEO of Qatar Airways said on Wednesday. Qatar and the EU signed a broad air services pact on Monday allowing Qatari and airlines of EU member states unlimited...