Gulf Times - wealth-fund
Qatar says Gulf crisis puts $2bn in contracts at risk

Qatar says Gulf crisis puts $2bn in contracts at risk

The political crisis in the Gulf is putting at risk business deals worth $2bn in Arab countries that have cut ties with Qatar, an economic official in Qatar said on Monday.

Qatar's first current account deficit since 1998 'poses little risk'

Qatar's first current account deficit since 1998 'poses little risk'

Qatar will post its “first current account deficit” in almost two decades this year, as hydrocarbon prices remain depressed, shows a new report by BMI Research, a Fitch Group Company.

Saudi unveils far-reaching plan to move away from oil

Saudi unveils far-reaching plan to move away from oil

Saudi Arabia said it would create the world's largest wealth fund and sell shares in state energy giant Aramco as it unveiled a vast plan to transform its oil-dependent economy.