Europe Top News and Analysis Qatar

  • DUBAI, Aug 18- Weakness in banking shares pushed indexes in Saudi Arabia and Abu Dhabi lower in early trade on Sunday, while Qatari stocks rebounded on demand for Industries Qatar, which bounced back after sharp losses this month on weak earnings. Saudi stocks were down 0.1%, with Saudi British Bank down about 1% and Samba Financial Group falling 1.2%.

  • Cheniere has five liquefaction trains operating at Sabine and two at its Corpus Christi LNG export terminal in Texas. Since Sabine is the biggest LNG export terminal operating in the United States, the decline cut the total amount of gas flowing to all of the nation's export terminals to 4.1 bcfd on Sunday from around 6.0 bcfd last week, according to Refinitiv.

  • Cheniere has five liquefaction trains operating at Sabine and one at its Corpus Christi LNG export terminal in Texas. Since Sabine is the biggest LNG export terminal operating in the United States, the decline there cut the total amount of gas flowing to all of the nation's export terminals to 4.1 bcfd on Sunday from around 6.0 bcfd last week, according to...

  • LONDON, Aug 1- People connected to the government of Saudi Arabia have run a network of fake accounts and pages on Facebook Inc to promote state propaganda and attack regional rivals, the social media giant said on Thursday. "The government of Saudi Arabia has no knowledge of the mentioned accounts and does not know on what basis they were linked to it," the Center for...

  • ISTANBUL, July 31- Emirates NBD Group CEO Shayne Nelson said the bank would support Turkey's Denizbank if it needed a capital increase, as the Dubai- based lender completed the purchase of Denizbank on Wednesday. "The Turkey business could account for 8% to 10% of group earnings," said Malik Shabbir, a banking analyst at EFG Hermes. Turkey has had strained relations...

  • *Al Rajhi Bank declines as trades ex-dividend. *Emaar Properties continues to gain. In Saudi Arabia, the index bounced back 0.4%, with Saudi Arabian Mining Company jumping 6.5%, and Sahara International Petrochemical climbing 5.2% after it reported flat quarterly profit of 210.9 million riyals beating EFG Hermes' forecast of 188 million.

  • July 22- Abu Dhabi's stock market rose for a fifth straight session on Monday, led by its biggest lender after strong second-quarter results, while real estate shares buoyed Dubai's bourse. Abu Dhabis index rose 0.8%, boosted by First Abu Dhabi Bank, which climbed 1.1% in its third straight session of gains after reporting a 5% rise in second-quarter net profit..

  • WASHINGTON, July 21- White House senior adviser Jared Kushner will lead a U.S. delegation on a tour of the Middle East to finalize details of his proposed $50 billion economic development plan for the Palestinians, Jordan, Egypt and Lebanon, an administration official said on Sunday. Kushner, Middle East envoy Jason Greenblatt, State Department official Brian...

  • LONDON/ SINGAPORE, July 19- Four companies have submitted offers into a 10- year import tender for deliveries of liquefied natural gas to Pakistan, two sources familiar with the matter said on Friday. The companies that placed the offers are Italy's Eni, Azerbaijan state oil company SOCAR, PetroChina International Singapore, a unit of PetroChina Co Ltd and...

  • President Donald Trump planned to meet on Thursday with the chief executives of major American airlines and Qatar Airways to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States. The 3:30 p.m. EDT meeting between Trump and the CEOs of American Airlines, United Airlines, JetBlue Airways Corp, FedEx...

  • agreement; subsidies by Qatar, UAE@. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States. The American airlines argue that Qatar and the UAE violate their Open Skies agreement with the United...

  • July 16- The United States and China will become the world's biggest liquefied natural gas exporters and importers, respectively, in five years, according to projections by the International Energy Agency. LNG exports are expected to rocket to over 100 billion cubic meters in 2024, dislodging current market leaders Australia and Qatar, Jean-Baptiste...

  • DUBAI, July 16- Emirates is to start flights to Mexico with a stopover in Spain, a so-called fifth freedom flight that could anger critics and rival airlines in the United States and Europe. The Dubai state-owned carrier said on Tuesday it would start daily flights to Mexico City International Airport via Barcelona on Dec. 9, the airline's first service to Mexico.

  • CAIRO, July 10- Qatar Airways said the total value of agreements it signed in Washington this week amounted to more than $5 billion, Qatar's state news agency, QNA, reported on Wednesday, without providing more details. The Gulf state's ruling emir, Sheikh Tamim bin Hamad al-Thani, met with U.S. President Donald Trump on Tuesday to exchange views on the latest...

  • QATAR AIRWAYS ANNOUNCES TOTAL VALUE OF AGREEMENTS IT SIGNED IN WASHINGTON YESTERDAY AMOUNTED MORE THAN $5 BILLION- QATAR NEWS AGENCY.

  • WASHINGTON, July 9- Chevron Phillips Chemical and Qatar Petroleum signed an agreement on Tuesday to develop an $8 billion petrochemical plant along the U.S. Gulf Coast, the second pact between the companies to build such plants in the last few weeks. Last month the companies announced they would build a petrochemical plant north of Doha in Ras Laffan Industrial...

  • President Donald Trump talks to reporters before boarding Air Force One to return to Washington from Morristown Municipal Airport in Morristown, New Jersey, July 7, 2019.

    President Trump is meeting with the Emir of Qatar. Trump announced that Qatar has agreed to buy military equipment including a "large number" of commercial planes from Boeing.

  • July 3- Most major Gulf stock markets slipped on Wednesday, in line with global equities amid concerns about a slowdown in the world economy, but Kuwait continued to rally in the wake of MSCI's decision to upgrade Kuwaiti equities to its main emerging markets index. Kuwait has outperformed its Gulf peers in anticipation of the MSCI move, gaining over 23%...

  • TOKYO, July 1- Japanese trading house Mitsui& Co and state-owned JOGMEC are still in talks with trading firm Mitsubishi Corp over the latter joining a venture that will take a stake in Russia's Arctic LNG-2 project, Mitsui said on Monday. Novatek PAO, Russia's biggest private gas producer, said on Saturday it had agreed to sell a 10% stake in Arctic LNG-2, a upcoming...

  • OSAKA, June 29- Novatek PAO, Russia's biggest private gas producer, has agreed to sell a 10% stake in its upcoming project to liquefy natural gas in Russia, the Arctic LNG 2, to Japan's JOGMEC and Mitsui& Co.. President Vladimir Putin told a news conference on Saturday after a G20 summit in Osaka, western Japan, that the Japanese investments in the project would reach...