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Qatar expected to retire debt using accumulated contingency reserve funds, says Moody’s

Qatar expected to retire debt using accumulated contingency reserve funds, says Moody’s

Qatar is expected to retire debt using accumulated contingency reserve funds, global rating agency Moody’s said and noted it understands that Qatar’s government has now approved a plan to use $20bn (or 13% of 2020 GDP) to reduce its gross borrowing requirement during 2020-21.

Libya oil crescent gets back to work as Sarir field opens

Libya oil crescent gets back to work as Sarir field opens

Libya’s oil industry continued to revive this week following a truce between the main factions in the Opec member’s devastating civil war.

Germany puts auto boss on trial over ‘dieselgate’

Germany puts auto boss on trial over ‘dieselgate’

Former Audi CEO Rupert Stadler yesterday became the first auto boss to go on trial in Germany over the “dieselgate” emissions scandal, five years after parent company Volkswagen admitted to the scam.

Asia markets mostly down after chaotic Trump-Biden debate

Asia markets mostly down after chaotic Trump-Biden debate

Markets mostly fell yesterday following a chaotic US presidential debate in which Donald Trump again suggested the election could be fraudulent, although hopes for a second stimulus out of Washington provided a little support.

US private payrolls beat expectations in Sept

US private payrolls beat expectations in Sept

Private payrolls increase 749,000 in September; second-quarter GDP contracts at 31.4% rate

IATA downgrades air traffic forecast after dismal summer

IATA downgrades air traffic forecast after dismal summer

Global body of airlines – International Air Transport Association downgraded its traffic forecast for 2020 to reflect a weaker-than-expected recovery, as evidenced by a dismal end to the summer travel season in the Northern Hemisphere.

Covid-19 vaccine delivery: Global air cargo gears up for ‘mission of the century’

Covid-19 vaccine delivery: Global air cargo gears up for ‘mission of the century’

The world is very much in the midst of the Covid-19 pandemic, which began last year in a city in Central China, but has since grown to affect nearly every country on earth.

Ooredoo wins two investor relations awards at MEIRA 2020

Ooredoo wins two investor relations awards at MEIRA 2020

Ooredoo announced Wednesday that it has won two prestigious awards at the 2020 Middle East Investor Relations Association (MEIRA) Annual Conference and Awards Ceremony in recognition of its leading position in providing best practice Investor Relations (IR) in the region.

Airlines seek to reassure passengers with hygiene measures and testing

Airlines seek to reassure passengers with hygiene measures and testing

There are many misconceptions surrounding how air moves around the confines of an aircraft cabin – when the reality is, the cabin air environment on an aircraft is probably lower than in many confined spaces

Hotels on track with World Cup preparations, says Qatar Chamber official

Hotels on track with World Cup preparations, says Qatar Chamber official

Hotels in Qatar are currently preparing to provide decent accommodations for the millions of fans who are expected to visit the country in time for the staging of the FIFA World Cup 2022, a top official of Qatar Chamber has said.

HSBC named ‘Best International Bank in the Middle East’

HSBC named ‘Best International Bank in the Middle East’

HSBC has won multiple honours in Asiamoney’s annual awards for banks with the best capabilities to connect customers in Asia and the Middle East, including the marquee title of Best International Bank in the Middle East.

Qatar’s general PPI rises 4.9% in August: PSA

Qatar’s general PPI rises 4.9% in August: PSA

Qatar’s General Producer Price Index (PPI) of August increased by 4.9% when compared with previous month, the Planning and Statistics Authority (PSA) said yesterday.

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