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Iberdrola is kicking off plan to electrify Mideast with the centre in Qatar

Iberdrola is kicking off plan to electrify Mideast with the centre in Qatar

Iberdrola SA is expanding its clean energy business in the Middle East with a €10mn ($12.4mn) research and development centre in Qatar.

Creditors look to sell Saudi Arabia’s Al-Gosaibi debt on rising price

Creditors look to sell Saudi Arabia’s Al-Gosaibi debt on rising price

Bahrain-based Gulf International Bank (GIB) has sold its 513.6mn riyals ($137mn) claim against Ahmad Hamad Al-Gosaibi and Brothers (AHAB), which has been locked in a near decade-long dispute with creditors, sources told Reuters.

FTSE Russell adds Milaha in Qatar index replacing QIC

FTSE Russell adds Milaha in Qatar index replacing QIC

London Stock Exchange entity FTSE Russell has added Milaha (Qatar Navigation) in Qatar index, replacing Qatar Insurance Company.

Qatar developing two free zones, says Sheikh Ahmed

Qatar developing two free zones, says Sheikh Ahmed

Qatar is an ideal destination for foreign direct investment, says the Minister of Economy and Commerce

QSE continues to remain under bearish spell

QSE continues to remain under bearish spell

The Qatar Stock Exchange continued to remain under bearish spell for the fourth straight session to settle a tad above 8,300 levels, as non-Qatari and Gulf institutions turned profit takers.

Wells Fargo takes $1bn hit to exit profitable bet on rates

Wells Fargo takes $1bn hit to exit profitable bet on rates

Wells Fargo & Co is so confident interest rates will rise that it’s giving up $1bn to exit a richly profitable bet before it sours.

Broadcom’s hostile bid for Qualcomm likely to face longer US review

Broadcom’s hostile bid for Qualcomm likely to face longer US review

Broadcom Ltd, whose hostile bid to acquire rival Qualcomm Inc has been stalled by management opposition and US national-security concerns, is in for a long wait.

ECB drops easing bias en route to stimulus exit

ECB drops easing bias en route to stimulus exit

The European Central Bank dropped a long-standing pledge yesterday to increase its bond buying if needed, taking another small step in weaning the eurozone economy off its protracted stimulus.

Indian airlines to add new jets in booming aviation market

Indian airlines to add new jets in booming aviation market

Domestic Indian passenger traffic increased by 17.9% in January from a year earlier, marking the 41st consecutive month of double-digit growth.

Doha Bank gets nod to raise $2bn debt under EMTN plan

Doha Bank gets nod to raise $2bn debt under EMTN plan

Doha Bank shareholders yesterday approved the board’s proposal to issue bonds up to $2bn under Euro Medium Term Note (EMTN) programme as part of efforts to source cost effective long-term funds.

US gas exports have perfect timing as glut seen fading

US gas exports have perfect timing as glut seen fading

The glut that decimated global natural gas prices may be vanishing just as US shale exports are surging.

QIB launches new mobile app; revamps IR section on website

QIB launches new mobile app; revamps IR section on website

Qatar Islamic Bank (QIB) has launched an investor relations (QIB IR) app for Android and iOS smartphones and has revamped its IR section on its website..

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