BEIRUT/DUBAI White House adviser Jared Kushner made a whirlwind visit this week to rally U.S.-allied Gulf Arab allies to support his still- unannounced Middle East peace plan, the leaked contours of which suggest little has been done to address Arab demands.
DUBAI The United States is lobbying Gulf states to hold off restoring ties with Syria, including the UAE which has moved closer to Damascus to counter the influence of its rival Iran, five sources told Reuters.
Bank lending to the private sector in Saudi Arabia will steadily return to growth in 2018, backed by higher oil prices and increased government spending, the managing director of Saudi British Bank (SABB) told Reuters. Lending activity to the private sector, a sign of banks' confidence in the economy, had weakened over the past couple of years as the oil price slump slowed down the kingdom's economic growth and cut demand for loans.
DOHA, April 10 The economy of Qatar, the world’s top exporter of liquefied natural gas, is set to grow 2.6 percent this year and closer to 3 percent in 2019, its finance minister told Reuters.
DOHA, April 5 OPEC and its allies should maintain oil supply curbs to guarantee healthy price levels which will allow increased investment in the industry and help avoid a supply and price shock in the long run, OPEC member Qatar said.
DOHA, - OPEC and its allies should maintain oil supply curbs to guarantee healthy price levels which will allow increased investment in the industry and help avoid a big supply and price shock in the long run, OPEC member Qatar said.
DOHA - Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told Reuters.
DOHA Qatar's top bank QNB is helping the country's authorities with data and expertise to probe if Qatar's neighbors manipulated its markets, including credit default swaps (CDS), during a political standoff last year, its CEO told Reuters.