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  • People work at the Halfaya oilfield in Amara, southeast of Baghdad.

    OPEC continued to lower its forecast for oil demand in its latest monthly report, issuing its fourth consecutive downward revision to consumption growth for 2019.

  • Qatar's Emir Sheikh Tamim bin Hamad al-Thani.

    Outlining his country's economic achievements in the past year, Qatar's Emir Sheikh Tamim bin Hamad al-Thani said he regrets the continuation of conflict with other Arab states, but added that the "crises will pass." 

  • *Qatar still under boycott from Arab states. DOHA, Nov 4- Qatar named new heads to its giant state-run energy firm and deep-pocketed sovereign wealth fund on Sunday while appointing the CEO of its largest bank as its new trade minister. They accuse Qatar of backing terrorism and cosying up to Iran.

  • Pumpjacks pump petroleum from the ground on September 23, 2014 near Ruehlermoor, Germany.

    Major emerging Asian economies such as India and Indonesia have been hit hard this year by rising crude oil prices, which despite falls this month are up by around 15 percent since the start of 2018.

  • PARIS, Oct 19- French state-owned public transport firm RATP aims to more than double its foreign revenue by 2025 through public transport contracts in the Middle East, Asia and the Americas. In a presentation of RATP Group's strategy on Friday, CEO Catherine Guillouard said RATP aims to boost its revenue from 5.5 billion euros in 2017 to seven billion by 2025, of...

  • *Tensions over Qatar, Iran add to difficulties. DUBAI/ LONDON, Oct 18- Saudi Arabia and Kuwait will struggle to resume oil production from jointly operated fields any time soon due to operational differences and souring political ties between the previously close Gulf OPEC allies, sources familiar with the matter said. Saudi Crown Prince Mohammed bin Salman...

  • DUBAI/ LONDON, Oct 17- Saudi Arabia and Kuwait will struggle to resume oil production from jointly operated fields any time soon due to operational differences and souring political ties between the previously close Gulf OPEC allies, sources familiar with the matter said. Saudi Crown Prince Mohammed bin Salman visited Kuwait last month to discuss a...

  • *Also adding Los Angeles, San Francisco non-stops. The route, combined with the airline's plans to restart non-stop services to Los Angeles and add more non-stop flights to San Francisco next month, will give the premium Asian carrier its biggest-ever U.S. presence. It has since flown to New York's JFK Airport via Frankfurt and to Los Angeles via Tokyo and Seoul.

  • Saudi dissident Jamal Khashoggi during a press conference in the Bahraini capital Manama, on December 15, 2014.

    Jamal Khashoggi's Turkish fiancee told Reuters he had not exited the diplomatic mission for more than 7 1/2 hours after entering to secure documentation of his divorce.

  • *Plan will strengthen Qatar amid row with Gulf neighbors. DUBAI, Sept 26- Qatar announced plans on Wednesday to boost its liquefied natural gas production capacity, which will put the tiny state at par with top energy exporters in an apparent show of strength amid a protracted political row with Gulf neighbors. Qatar is one of the Organization of the Petroleum...

  • DUBAI, Sept 16- Qatar's Nebras Power has acquired a controlling 75 percent stake in solar power company Zon Exploitatie Nederland, the Qatar News Agency reported in a tweet on Sunday.

  • President Donald Trump, right, and Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, shake hands during a meeting in the Oval Office of the White House in Washington, D.C., on Tuesday, April 10, 2018.

    Trump accused Qatar — which hosts a key American military base — of being "a funder of terrorism at a very high level," but a year later warmly welcomes the country's ruler at the White House.

  • Qatar's Emir Sheikh Tamim bin Hamad al-Thani.

    Qatar will make 10 billion euro ($11.64 billion) of direct investments into Germany in the next five years, Qatar's Emir Tamim bin Hamad al Thani said in Berlin on Friday.

  • BERLIN, Sept 6- Qatar's energy minister on Thursday called for oil-producing countries to boost investment in the oil and gas sector given a recovery in the price of oil, but said he did not back setting any specific targets for such investment. Energy Minister Mohammed al-Sada said he expected the issue to be addressed during a meeting of OPEC and non- OPEC...

  • US national security adviser John Bolton  in Jerusalem to meet Israeli Prime Minister Benjamin Netanyahu on August 20, 2018. 

    Turkey can end its currency crisis with the United States if detained American pastor Andrew Brunson is freed, says White House national security advisor John Bolton.

  • ANKARA, Aug 15- Qatar pledged $15 billion of investment in Turkey on Wednesday that a government source in Ankara said would be channeled into its banks and financial markets. The investment package was announced after Qatar's Emir Tamim bin Hamad Al-Thani met President Tayyip Erdogan in the capital, as Turkey grapples with a collapsing lira and a worsening...

  • DUBAI, Aug 11- Qatar's sovereign wealth fund, the Qatar Investment Authority, has increased its stake in Swiss bank Credit Suisse to 5.21 percent, the Qatar state news agency QNA said on Saturday. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic, trade and travel ties with Qatar, accusing it of backing terrorism, a charge which Doha denies.

  • An LNG carrier ship is docked at the Cheniere Energy terminal in this aerial photograph taken over Sabine Pass, Texas.

    China's proposed retaliatory tariffs on $60 billion worth of U.S. imports will create shifts in the natural gas market, analysts said.

  • *Energy firm TAQA, lender FAB lift Abu Dhabi. DUBAI, Aug 6- Gains in energy and banking stocks lifted the Abu Dhabi index to its highest level in almost three years, while financial stocks lifted Kuwaiti shares, as the two markets led gains across most Gulf exchanges on Monday. The Abu Dhabi index ended 1.6 percent higher at 4,884 points, the highest mark since late July...

  • ZURICH, July 31- Credit Suisse Chief Executive Tidjane Thiam personally traveled to Saudi Arabia to apply for a banking license, he said on Tuesday, confirming Reuters information the Swiss bank is seeking a full banking license in the Middle East's biggest economy. Credit Suisse has been growing its team in Saudi Arabia and the United Arab Emirates over the...