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W.Asia

W.Asia
2017, July, 5, 12:15:00
QATAR SHOW STRENGTH
Qatar mounted what appeared to be a show of strength on Tuesday, when the state-owned Qatar Petroleum announced plans to raise liquefied natural gas capacity by 30 percent. Its immediate effect will be to worsen a glut on the LNG market where Australia, the United States and Russia vie.
W.Asia
2017, June, 26, 23:30:00
QATAR - EXXON COOPERATION
Saudi Arabia, the United Arab Emirates, Bahrain and Egypt on Monday cut ties with Qatar, accusing the country of supporting extremism. Qatar denies the allegations.
W.Asia
2017, June, 24, 09:45:00
RUSSIA - QATAR COMPETITION
Qatar and Russia have long been rivals in global gas markets. Qatar's supplies came under the spotlight in the past month after Saudi Arabia cut economic and diplomatic ties, in a move ratcheting up a wider violent and diplomatic conflict in the Middle East.
W.Asia
2017, June, 21, 11:05:00
SAUDIS OIL RESOURCES UP
Saudi Arabia effectively grew its recoverable oil resources by 73 billion barrels this year after lower tax rates for state producer Saudi Aramco boosted the country's estimated prospective resources.
W.Asia
2017, June, 7, 18:00:00
QATAR WILLING TO SPEAK
"We are willing to sit and talk," Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani told CNN late on Tuesday. He said his country was "protecting the world from potential terrorists".
W.Asia
2017, May, 31, 17:35:00
QATAR - JAPAN LNG TALKS
Qatar faces rising competition from a tide of new LNG from sources including Australia, which is expected to surpass it as the world's top exporter by 2019.
W.Asia
2017, May, 29, 13:30:00
SAUDIS ASSETS DOWN
Net foreign assets at the central bank shrank by $8.5 billion from the previous month to $492.9 billion in April, reaching their lowest level since 2011, central bank figures showed on Sunday. They fell 13.9 percent from a year earlier.
W.Asia
2017, May, 26, 14:10:00
NO ONE ENVIES THE SAUDIS
No one envies the Saudi Arabians now. Yes, the Brent price has rebounded from its of 2015-16 lows to stabilise over $50. At the Opec meeting in Vienna this week the delegates agreed to extend production curbs for another nine months.
W.Asia
2017, May, 23, 15:00:00
SAUDIS & U.S. DEALS: $50 BLN
Saudi Aramco today signed agreements with major U.S. companies which will pave way for the company to enhance its business synergy with the U.S. as well as attracting investments from its U.S. counterparts to the Kingdom.
W.Asia
2017, May, 22, 16:40:00
SAUDIS FINANCIAL PRESSURE
Saudi Arabia will go into the meeting of OPEC and non-OPEC producers in Vienna on May 25 determined to maximize its oil revenue through high prices, even if it must make large production cuts in return.
W.Asia
2017, May, 19, 12:40:00
IMF WANT SAUDIS
The recent steps to increase the transparency of fiscal policy through the publication of the Fiscal Balance Program and the First Quarter Budget Report are very welcome. This greater transparency will help private businesses and investors better plan their investment and employment decisions.
W.Asia
2017, May, 10, 18:02:00
SAUDI'S OIL POLICY
Saudi Arabia’s conventional approach to market management is no longer working: crude has fallen back below $50 a barrel, US shale oil output is again on the rise and Saudi-led Opec, if anything, is worse off than when it agreed the supply deal back in November, having cut volumes for little upside on price.
W.Asia
2017, April, 19, 17:40:00
SAUDI'S RENEWABLE ENERGY
Saudi Arabia aims to produce 10 percent of its power from renewable sources in the next six years as it pushes ahead with a multi-billion-dollar plan to diversify its energy mix and free up more crude oil for export.
W.Asia
2017, April, 19, 17:35:00
SAUDI INVESTMENT DIVERCIFICATION
Aramco is gearing up for a share listing next year, aiming to get a valuation of up to $2 trillion in what could be the world's biggest initial public offering (IPO).
W.Asia
2017, April, 12, 18:40:00
QATAR'S GDP UP TO 2.7%
Lower hydrocarbon prices have adversely impacted macroeconomic performance. Growth has slowed despite still resilient non-hydrocarbon activity. Real GDP growth of 2.7 percent is estimated for 2016. Inflation remained low despite subsidy cuts, averaging about 2.7 percent in 2016.