Middle East


 

The fast-growing airline reported net profits of $42 million for 2012, up from $14 million in 2011. For the same time period the company revealed that revenues grew 17 percent, from $4.1 billion to $4.8 billion, while passenger numbers topped 10 million for the first time.


The Qatari economy expanded by 3.9 percent in the third quarter of 2012/2013, according to data released by the Qatar Statistics Authority.

This marks a slowdown from the second quarter, when real GDP grew five percent from a year ago, and the first quarter, when growth was 6.9 percent.

Qatar, the world’s biggest producer of liquefied natural gas, is diversifying away from petroleum exports into other industries and financial services.


The New Port Project Steering Committee is tasked with the design and development of a port to meet the requirements of the Qatar National Vision 2030.


Chief executive officer Marco Neelsen discusses the crucial role KBSP is playing in the development of Bahrain as a centre of trade and economic activity.


A global business in every sense of the word, DORCE plans to build upon all that it has achieved to date. Deputy general manager Dr. Ferzat Mercan discusses how it intends to do so.


 

First announced in February, the merger looks to have cleared its final hurdle with Qatar Holdings releasing a statement saying that it will vote in favour at a meeting next week. This shareholder decision comes in the wake of Glencore increasing the amount it will pay for each Xstrata share.

The merger does still need to receive competition approval from the European Commission and there are reports that, in a bid to secure this, Glencore has proposed to sell part of Xstrata’s German operations.

Basra Oil & Gas International Conference and Exhibition

Submitted by admin on Thu, 11/01/2012 - 00:00

Business Excellence is proud to be supporting Basra Oil & Gas International Conference, as media partner for the event.

Internationally acclaimed experts from across the oil and gas sector will be addressing the challenges and opportunities in the Iraqi market, at the upcoming Basra Oil & Gas International Exhibition & Conference.


At the hub of Iraq's oil and gas infrastructure regeneration, SCOP shows how complex engineering projects can be delivered in a challenging environment through innovative contracting and creative partnership models.