API´s first M-E conference
gets underway in Doha
THE American Petroleum Institute´s (API) first ever conference and exhibition in the Middle East got underway in Doha on Monday. Operational Head of Qatar Petroleum Said al Mohannadi, inaugurated the conference. The two-day event is being...
|Emirates eyes fleet of 235 planes by 2017 |
|GOVERNMENT-OWNED Emirates Airline, which is hoping to raise new debt, plans to have a total of 235 aircraft by 2017, adding 87 aircraft to its current fleet, as it expects more demand on existing routes and sees ample opportunities to tap new markets. "The Emirates fleet is projected to increase by 87 aircraft from 148 in 2011 to a total of 235 by 2017 resulting in a CAGR of 8 percent, in line with seat capacity growth," Emirates said in a recent presentation to investors. The Middle East´s largest carrier has 21 aircraft due for delivery in financial year 2012 and 172 aircraft due for delivery thereafter, according to its preliminary prospectus for a planned dollar...
|Investor relations vital for
companies: QE official |
|AS COMPETITION for capital grows and becomes more global in nature, the environment for investor relations (IR) continues to develop in complexity, importance and prominence, said Qatar Exchange Listing Director Abdelaziz al Emadi, in Doha, on Monday. Speaking at the second Middle East Investor Relations Seminar, Emadi said that Qatar Exchange (QE) believes that investors relation is an essential business support function that helps listed companies attract more investors, enhances credibility and ultimately facilitates expansion and growth opportunities for them. "In partnering with the Middle East Investor Relations Society (MEIRS), QE...
|PLANT ACCIDENT UPENDS JAPAN´S
NUCLEAR FUTURE |
|THE accident at the Fukushima Daiichi power plant has done more than spew radiation into the air and sea and force tens of thousands of people to evacuate their homes. It has blown a big hole in Japan´s energy policy, which had assumed that nuclear power would supply a growing part of the country´s needs. Prime Minister Naoto Kan and other government officials said recently that Japan would not abandon nuclear power as an important energy source. But many experts say it will now be difficult for Japan to realise a policy goal that predates the Fukushima disaster: building at least 14 new reactors by 2030, to go with the 54 that exist now. If completed, those plants...