Qatar tops financial centers index

Qatar, according to the latest Global Financial Center Index or GFCI 14 from the Z/Yen Group, is the top financial center in the Middle East.

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Egypt receives USD7 billion Gulf aid

According to Egypt's central bank governor, the country had received USD7 billion of Gulf aid out of the USD12 billion pledges from Gulf countries.

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Sofitel set to expand in the Gulf region

Sofitel would be opening hotels in Qatar and Saudi Arabia.

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Egypt returns USD2 billion to Qatar

The return by Egypt of USD2 billion to Qatar is a sign of growing tensions between the two countries.

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Occidental Petroleum set to sell and spin off assets

The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.

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Qatar accepts offer by Egyptian government to convert cash into bonds

The USD2 billion deposit by the Qatari government in support of former Egyptian President Mursi's government was converted to bonds by the current administration in Egypt.

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RWE and Qatar in negotiation for purchase of DEA unit

RWE and Qatar are currently holding talks about possible purchase of RWE's DEA oil and gas exploration and production unit.

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United Development Corp of Qatar Seeking Loan

United Development Corp of Qatar is seeking to finalize a loan to complete its project.

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Printemps in Discussion with Qatari-Italian Consortium

Final sale details for Printemps ongoing for Borletti and Qatari Royal Family.

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