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Europe Top News and Analysis Qatar

  • Gulf countries cut ties with Qatar

    Saudi Arabia, Bahrain, Egypt and the UAE have cut diplomatic ties with Qatar over claims of ties to terrorism. CNBC's Hadley Gamble reports.

  • DUBAI, June 5- Abu Dhabi's state-owned Etihad Airways said it will suspend all flights to and from Doha from Tuesday morning until further notice. The last flight from Abu Dhabi to Doha will depart at 02:45 local time on Tuesday, the airline's spokesman said in an email. The move came after Saudi Arabia, Egypt, UAE severed ties to Qatar, accusing the wealthy Gulf Arab...

  • View of Doha's skyline

    CNBC's Hadley Gamble reports on Saudi Arabia, UAE, Bahrain and Egypt's severing of diplomatic ties with Qatar, citing terrorism fears.

  • DUBAI, June 5- Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it of supporting terrorism, in an unprecedented breach between the most powerful members of the Gulf Cooperation Council. These were more severe measures than during a previous eight-month rift in 2014, when Saudi Arabia, Bahrain and the UAE...

  • DUBAI, June 5- Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing the wealthy Gulf Arab state of supporting terrorism. The coordinated move dramatically escalates a simmering dispute over Qatar's support of the Muslim Brotherhood, the world's oldest Islamist movement, and adds accusations that Doha even...

  • *Qatar ups ante in supply renewal talks. Qatar faces rising competition from a tide of new LNG from sources including Australia, which is expected to surpass it as the world's top exporter by 2019.. In Japan, QP, which owns producers Qatargas and Rasgas, counts on customers led by JERA, a joint venture between Tokyo Electric and Chubu Electric.

  • DUBAI, May 25- Shares of Qatar's largest property developer plunged 10 percent on Thursday after its shareholders gave preliminary approval to take the company private, while a dip in crude oil took the Saudi equity index lower in its final hour of trade. Ezdan Holding Group, with majority ownership by the ruling al Thani family, said shareholders who are against...

  • An Iraqi soldier holds an Islamic State flag during a battle with Islamic State militants, north of Mosul, Iraq.

    The U.S. and Gulf countries announced a new terror financing group as part of President Trump's visit to Saudi Arabia.

  • A liquefied natural gas (LNG) tanker arrives at a gas storage station.

    It's uncertain whether more American LNG will flow to China after a trade agreement, but the deal may still upend the market.

  • LONDON/ FRANKFURT, May 18- German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters. It would give Hapag Lloyd access to bigger ships on the major Asia to Europe trade route. Sources also told Reuters in March...

  • The first of 20 ATR 72-600 s ordered by IranAir were handed over at Franco-Italian planemaker ATR's Toulouse headquarters and are scheduled to arrive in Tehran on Wednesday. The deliveries will bring to seven the number of new Western aircraft delivered to Iran since trade reopened under a deal between Tehran and major powers to ease sanctions in exchange...

  • MONTREAL/ PARIS May 9- A United Nations agency has launched an effort to craft global guidance for the use of laptops and other portable electronics in passenger aircraft cabins after selective bans by the United States and Britain upset airline passengers as well as Middle Eastern carriers. The International Civil Aviation Organization met on Tuesday to...

  • MONTREAL, May 9- A United Nations agency has launched efforts to craft global guidance for the use of laptops and other portable electronics in aircraft passenger cabins after selective bans by the United States and Britain, made in response to security threats, angered some passengers and Middle East airlines. In March, the U.S. announced laptop restrictions...

  • DUBAI, May 7- Shares of Dubai builder Drake& Scull slumped to a 14- month low in heavy trade on Sunday as investors reacted to the company's revised capital restructuring plan, while last week's fall in oil prices knocked down oil-sensitive shares. "The new news from the meeting is the 722 million dirhams additional write off from potentially unrecoverable...

  • *Dubai, Qatar slip to multi month low. *Abu Dhabi weighed down by blue chips. DUBAI, April 27- Shares in two Saudi banks that are in early merger talks moved in opposite directions on Thursday while other regional markets ended the week down as investors had little fresh company earnings and news to reallocate their funds or build positions.

  • CPPIB began buying farmland in North America in 2012 and has since purchased about 120,000 acres in the United States and a similar amount in Canada. The country's biggest public pension fund purchased 115,000 acres of Saskatchewan farmland from Assiniboia Farmland LP in 2013 for C $128 million and had intended to invest another C $500 million in Canadian...

  • DUBAI, April 26- Two Saudi banks soared on Wednesday after saying they were in initial stages of a merger, helping lift the mood in other lenders while first quarter financial results buoyed the shares of two blue chips in other Gulf countries. On Wednesday Saudi's Alawwal Bank agreed to start talks with Saudi British Bank about a tie-up that could create the...

  • *Shuaa Capital down despite swinging to Q1 profit. DUBAI, April 25- Stock markets in the Gulf most exposed to foreign trade held their ground on Tuesday, with Dubai and Qatar showing resilience in the face of disappointing results from blue-chip companies. In Dubai, shares of Emirates Integrated Telecommunications lost 3 percent after reporting a net profit of...

  • DUBAI/ WELLINGTON, April 24- Qatar Airways would consider canceling flights to Auckland if New Zealand follows the United States in banning laptops and other large electronic devices on Middle East flights, its chief executive said on Monday. New Zealand is considering additional security checks on flights from some countries in the Middle East after...

  • *Qatar Airways close to Italy's Meridiana deal. DUBAI, April 24- Qatar Airways will finalise a long-negotiated agreement to buy 49 percent of Italy's Meridiana in the coming days, and soon apply to Qatar's sovereign wealth fund to start an Indian airline. Qatar Airways will sign the agreement with Italy's second biggest airline in the next "few days", Chief...