 | Oil prices to remain above
Qatari budget level: QNB OIL prices have declined in
recent weeks, partly because of
concerns about the eurozone
economy, according to QNB
Group. However, they still
remain high by historic
standards.
QNB group states that the oil
market has proved ...
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| | Qatar Exchange trade value down 5.8% |  THE Qatar Exchange (QE)
showed a mixed performance during
the five trading sessions of the
week that started on May 13. The
official QE index decreased by
1.09 percent over previous week´s
closing and finished the week at
8,455.33 points on Thursday.
The Alshall´s index (cap weighted)
closed at 1,193.13 points,
decreasing by 1.41 percent compared
to previous week´s closing of
1,210.19 points. Alshall index is
produced by Alshall Economic
Services, a Qatar-based business
advisory services company.
Total value of trade during the
five trading days was
QR1,729,178,710. This represents a
decrease of 5.8 percent compared
to the value ... | | | China to exclude foreign
firms in shale gas bidding |  CHINA will exclude foreign
firms from bidding in its second
tender for shale gas
blocks, despite a need for
overseas technology to help
exploit massive reserves of
gas trapped within shale rock
formations in the world´s top
energy user.
China launched its shale
gas push in late 2009,
inspired by a shale boom in
the United States
Shale gas development in
still at the early stage in
China, where technically
recoverable reserves of the
unconventional fuel are estimated
to be even higher than
in the United States.
In its first public disclosure
of requirements for bidders,
the Ministry of Land and
Resources said only domestic
firms with registered capital
of more than 300 million... | | | Obama puts weight behind
European growth push |  PRESIDENT Barack Obama
threw his weight behind
French calls for more progrowth
policies in Europe on
Friday, as he welcomed G8
leaders to Camp David for a
summit darkened by Greece´s
possible eurozone exit.
Obama set the stage for a
fractious meeting of world
leaders by forging an alliance
with new French President
Francois Hollande over the
need to jolt Europe back to
growth.
Fearing Europe´s crisis is
poised worsen - with dangerous
repercussions for the US
economy and perhaps
Obama´s chances of re-election
- Obama risked the ire of
German Chancellor Angela
Merkel who has championed
an austerity-first approach.
Shortly before welcoming
Merkel and... | |
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