Doha, Qatar 17 June 2017 Qatargas, the World’s Premier Liquefied Natural Gas Company, today announced the signing of a new Sale and Purchase Agreement (SPA) with Shell. Under the terms of the agreement, Qatargas will deliver up to 1.1 million tonnes of Liquefied Natural Gas (LNG) per annum to Shell for five years. Saad Sherida...

Antalya, Turkey 17 June 2017 (QNA) Turkish exports of fresh fruits and vegetables to the State of Qatar have increased significantly in recent times, according to a statement issued by the West Mediterranean Exporters Association on Saturday. Turkey's exports of fruits and vegetables to Qatar in particular increased significantly, the Association's Chairman of the Board...

Islamabad 16 June 2017 (APP) Advisor to the Prime Minister on foreign Affairs, Sartaj Aziz, Friday terming Pakistan and China as “Iron Brothers” said the great friendship between the two has stood the tests of time and has moved from strength to strength under successive generations of leaders of both the countries, but in the...

Doha 12 June 2017 (AlJazeera News) Qatar can easily defend its economy and currency against sanctions by other Arab states, Qatari finance minister Ali Sherif al-Emadi told CNBC television in an interview broadcast on Monday. He said that the countries which had imposed sanctions on Qatar would also lose money because of the damage to...

Sant’Agata Bolognese 12 June 2017 (Lamborghini Media) Automobili Lamborghini has appointed Paolo Poma as Chief Financial Officer and Managing Director. He will join the team led by Chairman and Chief Executive Officer, Stefano Domenicali, effective immediately. In his new role, Paolo Poma will be responsible for finance, administration and control, IT, legal affairs, compliance and...

Beijing 04 June 2017 (APP) With the formal commissioning of its second unit later this month, the Sahiwal power plant will become one of Pakistan’s clean coal power plants with the largest installed capacity, generating 9 billion KWH of electricity per year, which will meet the energy needs of nearly 10 million local people. The...

Economic Commentary Qatar National Bank 04 June 2017 OPEC, along with a number of other non-OPEC major producers, recently extended their 1.8m barrels per day (b/d) output cut agreement from end-June 2017 until March 2018. We examine the reasons and strategy behind the decision to extend the output cuts. We argue that OPEC is mainly...

Doha 28 May 2017 In its drive to promote local companies, from across diverse sectors, in regional and global markets, Qatar Development Bank (QDB) participated along with 9 Qatari design companies at the INDEX Design Series, held in Dubai, United Arab Emirates, from 22 to 25 May 2017. INDEX Design Series is considered as the...

Islamabad 27 May 2017 (APP) Following are the highlights of Pakistan Finance Minister Ishaq Dar’s post budget press conference: • One million youth will be imparted IT training. • Rs 120 billion new taxation proposed, while relief measures will cost Rs 33 billion. • Refund for textile sector will be cleared by August 14. •...

Islamabad 26 May 2017 (APP) Finance minister Ishaq Dar Friday, lauding the contributions made by expatriate Pakistanis, announced that the government wanted them to invest in the national infrastructure and in that connection, US$ 1 billion non-convertible bond would be issued. The proposed bond would be floated through establishment of Pakistan Development Fund, he said....