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Financials and Investment News in Qatar

Saudi Arabia, Bahrain, UAE and Egypt Cut Diplomatic Ties with Qatar
6/14/2017 - Since Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic ties with Qatar on Monday 5 June 2017, and moved to close off access to the Gulf country, there have been a few developme...
Gulf Drilling International Signs $925M Financing Facility with QIB
Gulf Drilling International Signs $925M Financing Facility with QIB 5/8/2017 - Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, signs a US$ 925 million (QR 3.4 billion) structured Shari’a compliant financing facility with Gulf Drilling International Limited QSC (GDI). Thi...
Nakilat Concludes Third Quarter with Positive Results
10/17/2016 - Nakilat has announced its financial results for the third quarter ended 30 September 2016, where the Company’s net profit reached QR 749 million compared to QR 757 million for the same period last yea...
Qatar Plans First IPO Since 2010, for Unit of QP
Qatar Plans First IPO Since 2010, for Unit of QP 12/22/2013 - Mesaieed Petrochemical Holding Co, a unit of state-owned energy giant Qatar Petroleum QATPE.UL, will conduct a 3.2 billion- riyal ($880 million) initial public offering of its shares in the local mark...
Tasweeq Sells February Al-Shaheen at Higher Premiums
12/17/2012 - Qatar International Petroleum Marketing Co, or Tasweeq, sold al-Shaheen crude for February loading at higher premiums than the previous month, traders said. ...
Qatar Agrees to Supply Japan with Oil it Needs
1/8/2012 - Qatar will supply Japan with the “oil it needs” in light of the situation with Iran, Koichiro Gemba, Japan’s foreign minister, told reporters in the Qatari capital of Doha. The European Union is weigh...
QP Closes $10.4 Bln Barzan Project Finance
12/22/2011 - Qatar Petroleum (QP) announced the successful closing on Wednesday of the financing of the US$10.4-billion Barzan Gas Project, one of the most significant projects ever undertaken in the State of Qata...
Qatar's Tasweeq to Stop Term Gasoil Exports from 2012
12/12/2011 - Qatar International Petroleum Marketing Co, or Tasweeq, will stop term gasoil exports from next year as domestic demand is expected to increase, industry sources based in the Middle East and Singapore...
Qatar Says Global Oil Supply is Sufficient
12/5/2011 - Global oil market supply is sufficient, OPEC member Qatar's energy minister said. "The prices are determined by the market and currently the supply is enough," Mohammed al-Sada told reporters on the s...
QIB Signs US$ 200 Million Finance Deal With QAPCO
8/10/2009 - QIB signed a US$ 200 million Murabaha financing deal with Qatar Petrochemicals Company (QAPCO) Monday morning. QIB’s offer was ranked as the forerunner among six other bank offers. This financing proj...
RasGas, Petronet LNG Sign Sales Agreement
8/8/2006 - Ras Laffan Liquefied Natural Gas Company Limited II (RasGas II) has plans to implement sale of 2.5 million tonnes per year (mtpa) of liquefied natural gas (LNG) to India’s Petronet LNG to complete a 7...

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