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Iraq minister sees oil at $60 a barrel in Q2

Iraq minister sees oil at $60 a barrel in Q2

Iraqi Oil Minister Ihsan Abdul Jabbar expects oil prices to reach around $60 in the second quarter of 2021, he said in an interview with Iraq’s Sharqiya TV on Friday.

Expo organisers prepare to hold Dubai event delayed by coronavirus

Expo organisers prepare to hold Dubai event delayed by coronavirus

The organisers of Expo 2020 Dubai said yesterday they are committed to hosting the event which was postponed for a year due to coronavirus, but are ready for all possible scenarios amid a new global wave of the pandemic.

US automakers plead for govt help in chip crisis

US automakers plead for govt help in chip crisis

American automakers are asking the US government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall.

Improved GCC equity outlook amid Covid-19 vaccines rollout: NBK

Improved GCC equity outlook amid Covid-19 vaccines rollout: NBK

GCC equity markets will likely continue to be influenced by their global peers, geopolitical factors, oil market stability, implementation of structural reforms and ultimately the pace of the economic recovery in the region

S&P reassigns rating of ‘A-' with stable outook on QLM

S&P reassigns rating of ‘A-' with stable outook on QLM

Subsequent to the successful listing of QLM’s stock at the Qatar Stock Exchange (QSE), followed by withdrawal of parental guarantee by QIC, S&P Global Ratings has reassigned its ‘A negative’ issuer credit and financial strength ratings on QLM Life and Medical Insurance Company

USQBC welcomes Al-Ula agreement ending blockade on Qatar

USQBC welcomes Al-Ula agreement ending blockade on Qatar

The US-Qatar Business Council (USQBC) has welcomed the Al-Ula solidarity agreement signed on the sidelines of the 41st session of the Supreme Council of the Co-operation Council for the Arab States of the Gulf (GCC) held in Al-Ula, Saudi Arabia.

HSBC experiencing 'a sense of optimism' for growth in Qatar: Mostafawi

HSBC experiencing 'a sense of optimism' for growth in Qatar: Mostafawi

HSBC is experiencing a sense of optimism for growth in the country, says Abdul Hakeem Mostafawi, CEO in Qatar.

AirAsia X shows creditors’ support for restructuring plan in court

AirAsia X shows creditors’ support for restructuring plan in court

Most of AirAsia X Bhd’s (AAX) lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganisation, court documents filed this month show.

China 2020 growth slowest in over four decades: Poll

China 2020 growth slowest in over four decades: Poll

China’s economy grew last year at its slowest pace since transformative market reforms of the 1970s, according to an AFP poll of economists, but finished the year strongly on an accelerating coronavirus recovery.

UK economy shrinks but might avoid double-dip recession

UK economy shrinks but might avoid double-dip recession

Britain’s economy shrank in November as it went into a new lockdown, but the decline was smaller than expected as businesses adjusted to social distancing and schools remained open, making a double-dip recession less likely.

Total quits US oil lobby over climate policies

Total quits US oil lobby over climate policies

Total yesterday became the first major energy company to quit the main US oil and gas lobby due to disagreements over its climate policies and support for easing drilling regulations.

Opec sees US shale output gaining further on oil rally

Opec sees US shale output gaining further on oil rally

The outlook for US shale oil is slightly more “optimistic” due to rising prices and output will recover further in the second half of 2021, Opec has said, in a sign its policy of cutting output is helping rivals pump more.

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