 | Tasweeq, PV Gas sign
feedstock agreement QATAR Petroleum International
Marketing Company Limited
(Tasweeq)) and PV Gas, a subsidiary
of Petro Vietnam, has signed
a long-term feedstock agreement to
supply propane and naphtha to the
proposed ...
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| | QE falls 64 points,
registers largest
decline in 4 weeks |  QATAR´S index made its
largest one-day decline in
four weeks, with regional
investors seemingly preferring
to trade other Gulf markets
where liquidity is higher.
The Qatar Exchange
benchmark index dipped 64
points (0.7 percent) to close
at 8,630 points, extending its
year-to-date decline to 1.7
percent. Less than 5.3 million
shares changed hands.
This compares with 214 million
shares on Dubai´s index
and 199 million so far on
Saudi Arabia´s bourse, which
are up 12.5 and 6.1 percent
respectively in 2012.
"Qatar is underperforming
regional markets but it did
great in 2011. It´s natural for
investors to book gains," says
Amer Khan, fund manager,
Shuaa Asset ... | | | A380 safe to fly: Airbus CEO |
 THE head of Airbus said he
had ordered an internal investigation
into how the company
allowed wing cracks to develop
on its flagship A380 passenger
jet as the world´s
largest planemaker sought to
draw a line under weeks of
embarrassing publicity.
Chief Executive Tom
Enders reiterated the world´s
largest jetliner was safe to fly
as engineers repair hairline
cracks in the wings, and
sought to allay any concerns
the setback to Europe´s industrial
prestige could spread to
the future A350.
"We made a mistake here
and we are repairing it as
quickly as possible," Enders
said at the Singapore Airshow
on Wednesday. "This plane is
absolutely safe to fly ... | | | Debt crisis pushes EU
economies into reverse |
 THE sovereign debt crisis
brought economic growth all
across Europe to a standstill
and even pushed a number of
countries into recession at the
end of last year, data showed
on Wednesday.
Both the 27-nation EU and
the 17-member eurozone saw
their economies contract by
0.3 percent in the fourth quarter
of 2011, according to a
flash estimate by the Eurostat
data agency.
Germany, the region´s
biggest economy, saw its gross
domestic product (GDP)
shrink by 0.2 percent in the
period from October to
December as the long-running
debt crisis slammed
exports, its traditional engine
of growth.
Similarly, activity in
Austria, Britain, Estonia,
Lithuania ... | |
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