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Qatar’s Ezdan Holding closes $500m 5-year Islamic loan – arranger

The amount was more than 2.5 times covered by contributions from banks

Oberoi Group inks deal to manage two luxury hotels in Qatar

The group will manage a 250-key luxury hotel in the West Bay area of Doha and a 148-key luxury serviced apartment complex in Lusail

UAE named world’s third strongest nation brand

A favourable tax regime, strong tourism credentials and low levels of crime have propelled the UAE forward in brand strength rankings

Qatar energy minister says oil price has bottomed out

Signs indicate that a recovery will take place in 2016, Qatar’s energy minister Mohammad bin Saleh al-Sada said

Qatar National Bank Q3 net profit rises 6.1%

The bank reported a net profit of QAR 3.11bn in the third quarter of this year

Alshaya Group inks deal to open 30 stores in Mall of Qatar

Collectively Alshaya’s brands will occupy around 18,000 square metres in Mall of Qatar

Qatar central bank chief cools rate rise talk, says won’t follow U.S.

The official said that liquidity in Qatar’s banking system remained ample and that demand for T-bills was still strong

Saudi Arabia signals easing of tension with Islamist cleric

Sheikh Youssef al-Qaradawi, a cleric whose fiery sermons have irked Gulf states, appeared alongside the Qatari prime minister and the Saudi ambassador at an event in Doha

Qatar Airways to launch daily direct flights to Sydney from March 2016

The new route launch comes after Australia and Qatar agreed to boost flight capacity by 50 per cent

Glencore, VW hits to push Qatar sovereign fund to diversify more

Qatar Investment Authority owns 8.2 per cent of Glencore, 17 per cent of Volkswagen ordinary shares and 12.8 per cent of its preference shares

UAE needs 14,000 teachers over next five years – expert

The Gulf region faces teacher shortages as demand outstrips supply

Qatar Investment Authority commits to $35bn US investment

The fund also announced the opening of its first office in the country

FIFA announces dates for 2022 World Cup in Qatar

The tournament will begin on November 21 and end on December 18, lasting just 28 days

Egypt’s Sisi pardons 100 prisoners, including Al Jazeera journalists

Canadian Mohamed Fahmy, Egyptian Baher Mohamed and Australian Peter Greste were sentenced to three years in prison in a retrial last month

Qatar to introduce electronic contract system for workers

Under the new system, labour contracts will be published online in the workers’ languages

Qatar’s Ooredoo appoints acting chief commercial officer

Haroon Shahul Hameed has been appointed to the role following the resignation of Cynthia Gordon

Qatari developer Katara buys iconic Rome hotel for $251m

As part of the deal, the Westin Excelsior Rome will undergo a complete renovation over the next five years

Boeing appoints new business heads for Turkey and Qatar

Omar Arekat, Boeing Commercial Airplanes sales director, has been appointed managing director for Qatar

Saudi cabinet grants license to Qatari bank for first time

Qatar National Bank has been granted a license to open a branch inside the kingdom

Qatar appoints first ambassador to Iraq in 25 years

Iraq’s foreign minister had said in May that Qatar would open an embassy in Baghdad

No threat to $1bn Mall of Qatar project from low oil price – official

The mall, next to the stadium that is due to host the 2022 World Cup, is set to open next August

Qatar oil minister says Gulf states will maintain oil investment

The statement shows that the Gulf leaders do not plan to cut back their output to support prices

Qatar’s regulator to grant licences to GCC banks

Licences for new banks will be given according to criteria set out by the central bank, a statement said

Qatar won’t scale back projects, cut subsidies – minister

Qatari officials have announced plans to spend around $200bn on infrastructure projects over the next decade or so

Qatar sends 1,000 ground troops to Yemen battle – Al Jazeera

A total of 1,000 Qatari soldiers, backed by 200 armoured vehicles and 30 Apache helicopters have reportedly been deployed

Doha Bank partners with India’s Reliance, led by Anil Ambani

The agreement is aimed at generating new business opportunities in the GCC and India

In Qatar, Venezuela’s Maduro pushes for OPEC heads of state summit

The Venezuelan leader said that he had also suggested to Qatar’s emir that non-OPEC countries, take part in future OPEC meetings

Qatar’s first FIFA 2022 World Cup stadium to be ready by 2016

Khalifa International Stadium will have a new building in its east wing following its renovation while the entire seating area will be covered through a single roof

About 22% of Gulf firms say they only ‘talk about innovation’

A new survey shows that Gulf firms are not big risk takers in terms of innovation

Qatar issues tender for first phase of rail network

The tender has invited bids for a project manager to oversee the first stage of Qatar’s link to the GCC rail network being developed by the six Gulf states