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Qatar’s Al Jazeera Network Laying off 500 Employees

DOHA, March 27 – Qatar’s Al Jazeera broadcasting network is laying off about 500 employees or more than 10 percent of its staff, it announced on Sunday reflecting financial pressures on the tiny Gulf state due to low global prices for oil and natural gas. Most of those affected are based at its Doha headquarters,

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Soccer-2026 World Cup Bid Must Be “Bullet-Proof”: FIFA’s Infantino

LONDON, March 6 – FIFA must make the 2026 World Cup bidding process “absolutely bullet-proof” because the entire organization’s credibility is at stake, new president Gianni Infantino said on Friday. Infantino, elected Fifa boss last week, hopes to start 2026 bidding within three months after it was delayed by the wide-reaching corruption scandal that rocked

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Tehran Targets Foreign Investors

Iran’s first roadshow after sanctions promises abundant investments By Leila Hatoum MUSCAT Feb 29 Iran is targeting over $100 billion in foreign investments after being isolated from the global market for nearly a decade due to international economic sanctions for its nuclear program, Iranian officials told Newsweek Middle East. During its first roadshow since the

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Gulf Arabs Race to Release Youth Potential in Age of Cheap Oil

By Noah Browning DUBAI, Feb 18 – Like the prototype drone of Emirati student Talib Alhinai, the ambitions of young people across the Gulf Arab states need to soar if they – and their economies – are to prosper in the age of cheap oil. The 23-year-old now researching for his Ph.D is just the

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Iran Could Decide Fate of First Global Oil Deal For 15 Years

By Rania El Gamal DOHA/LONDON, Feb 17 – The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel to Iran to persuade the country to participate in a deal to freeze output levels, possibly by offering Tehran special terms. Dominant OPEC power Saudi Arabia and

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Oil Powers Fly to Doha for Private Pow-Wow as $30 Crude Woes Mount

Feb 16 – Top oil officials from Saudi Arabia, Russia and several key OPEC members will meet on Tuesday for their highest-level discussion in months, a potentially pivotal sign that producers are at last preparing to tackle a devastating supply glut. The talks in the Qatari capital Doha, which had been kept under wraps until

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Qatar Airways CEO: Building A Dream

By Leila Hatoum Time is in short order when you are pushing your country’s national carrier forward in a fiercely competitive, global industry, as well as spearheading the building of the world’s “most unique airport,” while trying to find new ways to serve your passengers. Sitting at one of eight private lush retreat rooms in

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Qatar Emir Names New Foreign Minister in Cabinet Reshuffle

DOHA, Jan 27 – Qatar’s emir issued a decree on Wednesday replacing the foreign minister and merging some portfolios, state news agency QNA reported, in what was seen as a move to consolidate his power and cut costs after the sharp drop in oil prices. Qatar, the world’s biggest liquefied natural gas exporter, is one

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Big, Bigger, Best

Mega GCC airport developments key to global aviation growth By Ghassan Amhaz With more than 3.7 billion passengers expected to traverse the skies across the world in 2016, airport expansion becomes imperative. The Middle East, namely Gulf Cooperation Council member states, have been ramping up their spending on development projects including ambitious aviation-related plans. Spending on

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