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  • Marcus Agius, called as a prosecution witness in the fraud trial of four former senior colleagues, said the bank had hoped to secure partnerships that would reinforce the bank's global ambitions by granting Barclays "favored nation status" for future business opportunities with investors such as Qatar. Prosecutor Edward Brown alleges the men did not...

  • Attendees walk the floor at IDEX, the International Defence Exhibition and Conference, in Abu Dhabi in 2015.

    The United Arab Emirates is setting its sights on building a domestic defense industry as arms spending is set to soar throughout the Middle East.

  • PESHAWAR, Pakistan, Feb 16- Saudi Arabia's Crown Prince Mohammed bin Salman is likely to meet Afghan Taliban representatives during his visit to Pakistan starting on Sunday, Pakistani government sources said, part of efforts to broker an end to Afghanistan's 17- year-old civil war. "Though it is top secret so far, there are strong indications representatives of...

  • GENEVA, Feb 15- The United States proposed a reform of the World Trade Organization on Friday that would slash the number of countries that are eligible for "special and differential treatment," a plan likely to be resisted by China, India and other countries. Most of the WTO's 164 members claim to be developing, including major trading powers like China and India...

  • Production from its Permian resources unit rose 57 percent to 250,000 barrels of oil equivalent per day in the fourth quarter, boosted by investments in the basin, while adjusted pre-tax income from the midstream unit rose to $670 million from $129 million, a year earlier. The midstream segment's performance was driven by wide differentials between Midland...

  • A recovery in global oil prices since the end of 2016 led to a resurgence in U.S. shale activity centered around the Permian basin of Texas and New Mexico. U.S. recently edged past Saudi Arabia and Russia, to become the world's top oil producer. The company's adjusted profit rose to $922 million, or $1.22 per share, in the fourth quarter ended Dec. 31 from $313 million, or...

  • *Egypt's blue-chip index at highest in 5 months. *Abu Dhabi Aviation slides on lower FY earnings. Feb 12- Saudi Arabia's stock market rose on Tuesday as major banks rose on recovering oil prices, while Egypt's blue-chip index hit a five-month high, helped by its top lender Commercial International Bank.

  • Feb 12- Saudi Arabia's stock market rose on Tuesday on the back of gains in banks amid recovering oil prices, while Abu Dhabi was pulled down by its financial shares. Saudi Arabia's index was up 0.3 percent with Al Rajhi Bank rising 1 percent and the largest petrochemical maker Saudi Basic Industries adding 0.7 percent. The Abu Dhabi index was down 0.5 percent with...

  • *Jared Kushner an ally of Saudi prince who led Qatar boycott. LONDON/ NEW YORK/ DUBAI, Feb 11- When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald Trump's son-in-law, eyebrows were raised in Doha. Kushner, a senior White House adviser, was a close ally of Saudi Crown Prince Mohammed bin...

  • Select Bloomberg content like digital video and charts will run on Al Jazeera's english-language digital properties, the company said. Al Jazeera's content will also be available to Bloomberg terminal subscribers. The Associated Press and Bloomberg LP had in October announced a sales partnership in Europe, Middle East and Africa region and Asia to expand...

  • Beirut, Lebanon

    The new government will need to introduce austerity measures to shore up international and bond market confidence, economists say — something that will be neither easy nor popular.

  • Qatar's players celebrate with the trophy after winning the 2019 AFC Asian Cup final match against Japan.

    The news bodes well as Qatar builds toward featuring at its first World Cup, which the tiny oil-rich state will host in 2022.

  • WASHINGTON, Feb 5- Qatar Petroleum and Exxon Mobil Corp said on Tuesday they are investing in a $10 billion project to expand a liquefied natural gas export plant in Texas, as companies race to meet global demand for the fuel. Woods and Qatar Minister of State for Energy Affairs Saad al-Kaabi signed the deal at the Four Seasons hotel in Washington in the presence of...

  • WASHINGTON, Feb 5- Qatar Petroleum and Exxon Mobil Corp will proceed with a $10 billion project to expand a liquefied natural gas export plant in Texas, Exxon said on Tuesday. "Golden Pass will provide an increased, reliable, long-term supply of liquefied natural gas to global gas markets, stimulate local growth and create thousands of jobs, said Exxon Chief...

  • QATAR PETROLEUM AND EXXON MOBIL TO PROCEED WITH $10 BLN GOLDEN PASS LNG EXPORT PROJECT IN TEXAS- EXXON MOBIL.

  • DOHA, Feb 5- Qatar and the European Union have agreed to terms for an open skies agreement expected to be signed this year, the two sides said on Tuesday. The agreement means "all air carriers from the 28 European Union member states and Qatar now have unlimited and unrestricted access to their respective territories," Qatar Airways said in a statement.

  • *Egypt's CIB jumps on Q4 results. Feb 5- Egypt's blue-chip share index rose sharply on Tuesday boosted by major lender Commercial International Bank after its strong fourth-quarter earnings, while banks also lifted Saudi Arabia's stock market. Egypt's blue-chip index gained for a ninth straight session, climbing 2.6 percent with 27 of its 30 stocks rising.

  • WASHINGTON, Feb 4- The U.S. energy secretary, his Qatari counterpart and representatives of Exxon Mobil and the Golden Pass liquefied natural gas facility will announce a Qatari investment in the United States on Tuesday, the Department of Energy said on Monday. But Reuters reported on Feb. 1 that Qatar Petroleum and Exxon Mobil were expected to announce plans...

  • *Sheikh Tamim says ready for bigger investments in China. China has largely stayed out of the dispute, calling for the problem to be resolved via talks, but it has played host to senior Qatari officials since the spat began, including in December to the foreign minister. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic, trade and transport...

  • BEIJING, Jan 31- Chinese President Xi Jinping called for a return to "unity and harmony" on Thursday as he welcomed gas-rich Qatar's emir to Beijing, amid a dispute that has seen some Arab states led by Saudi Arabia severing relations with Doha. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic, trade and transport ties with Qatar in June 2017.