 | Italian firms target core
sector projects in Qatar ITALY, the second largest
European exporter to Qatar, is
looking to win infrastructure
and transport contracts in the
country, a top Italian government
official has said.
"We have witnessed a significant
rise in bilateral trade to
over 2.5 billion .
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| | Oil at $125 not justified,
says Saudi minister | TOP oil exporter Saudi Arabia
sought to soothe fears about
high oil prices, saying on
Tuesday world supplies were
well in excess of demand and
that $125-a-barrel crude
prices were not justified given
the anemic state of the world
economy.
Saudi Oil Minister Ali al
Naimi said the kingdom had
satisfied all of its customers´
requests for oil and stood
ready to raise output to full
capacity of 12.5 million barrels
per day (bpd), if needed.
"I want to assure you that
there is no shortage of supply
in the market," Naimi told
reporters at a press briefing in
Doha. "We are ready and willing
to put more oil on the market,
but you need a buyer."
Oil is trading above $123,
just $24 short of an ... | | | Qatar Steel sure of achieving target: GM | QATAR Steel is confident to
achieve its growth target for
the year and is looking forward
to make a valuable contribution
towards the Qatar
National Vision 2030.
Addressing the ninth annual
gathering of traders in
Doha on March 15, Qatar
Steel Director and General
Manager Ali Hassan al
Muraikhi said the company
was counting on its associates´
(the traders) contribution
to face the challenges
posed by the stiff competition
in the region. "Your contribution
is very important for
maintaining our leadership
image in the market," he said.
The Qatar Steel official said,
"Qatar is witnessing a comprehensive
growth in all
fields, including constructions,
economic... | | | Greece gets €7.5bn of new
bailout aid; deficit at 9.2% | GREECE has received the
first 7.5 billion euros of aid
from its new EU/IMF bailout,
with the bulk of the payment
going to repay bonds held by
the euro zone´s central banks,
government officials said on
Tuesday.
The International
Monetary Fund and Greece´s
euro zone partners last week
approved a second 130 billion
euro ($172.15 billion) rescue
to keep the debt-choked
country afloat through 2014.
"We received 5.9 billion
euros from the euro zone and
1.6 billion euros from the
IMF," a finance ministry
official told Reuters.
The official said Greece
would use this money to pay
4.66 billion euros to the
European Central Bank and
other euro zone national ... | |
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