Energy and Commodities Correspondent, UAE
Amena's Feed
Nov 26, 2014

Qatar runs covert desert training camp for Syrian rebels

DOHA (Reuters) – At a desert base, Gulf state Qatar is covertly training moderate Syrian rebels with U.S. help to fight both President Bashar al-Assad and Islamic State and may include more overtly Islamist insurgent groups, sources close to the matter say.

The camp, south of the capital between Saudi Arabia’s border and Al Udeid, the largest U.S. air base in the Middle East, is being used to train the Free Syrian Army (FSA) and other moderate rebels, the sources said.

Nov 26, 2014

Saudis signal no push for oil cut as market to ‘stabilize itself’

VIENNA (Reuters) – OPEC leader Saudi Arabia signaled on Wednesday it was unlikely to push for a major change in oil output at the producer group’s meeting this week, a day after Russia refused to cooperate in any production cut. Saudi Oil Minister Ali al-Naimi said he expected the oil market “to stabilize itself eventually” but did not comment on talks with Russia held on Tuesday, which produced no firm pledge from Moscow to help support flagging oil prices.

Iranian Oil Minister Bijan Zangeneh said some OPEC members, although not Iran itself, were gearing up for a battle over market share and insisted that non-OPEC producers needed to participate in any OPEC-led output cut.

Nov 25, 2014

Russian oil tsar to meet OPEC as Saudis keep market guessing

VIENNA, Nov 25 (Reuters) – Russia’s most powerful oil
official, Igor Sechin, was due in Vienna on Tuesday for talks
with OPEC members as the group’s leader Saudi Arabia kept the
market guessing about its response to flagging oil prices.

Sechin, the head of state oil company Rosneft and
a close ally of Russian President Vladimir Putin, is expected to
meet OPEC officials amid hints from Moscow that Russia could cut
output or exports if the producer group does the same.

Nov 19, 2014

Saudi Arabia leans on Gulf states to close ranks as region boils

DUBAI/DOHA (Reuters) – Gulf Arab states have shelved a bitter row among themselves, hoping to repair an alliance that has been sorely tested by chaos in the Middle East and the prospect of an Iranian nuclear deal that could tilt the regional balance of power toward their old foe Tehran.

Saudi Arabia, the United Arab Emirates (UAE) and Bahrain agreed at a meeting on Sunday to return their ambassadors to Qatar, signaling an end to an eight-month dispute over Doha’s backing of Islamist militants in Syria and elsewhere and its promotion of Arab Spring revolts.

Nov 11, 2014

Qatar emir issues summit invite amid strains over Islamists

DOHA (Reuters) – Qatar’s emir on Tuesday publicly invited fellow Gulf rulers to a Doha summit, apparently seeking to forestall what diplomats say is an attempt by some peers to move it elsewhere in protest at what they see as an Islamist tilt in his foreign policy.

Diplomats say preparations for the annual gathering of the Gulf Cooperation Council (GCC) have become indicative of an unprecedented rift between Gulf Arab states over Doha’s backing of Islamists during Arab Spring revolts.

Nov 3, 2014

Vodafone Qatar to turn profitable in 2015 -CFO

DOHA/DUBAI, Nov 3 (Reuters) – Vodafone Qatar
expects to turn profitable next year, its chief financial
officer said on Monday after it reported a narrower loss for the
second quarter.

Vodafone Qatar, an affiliate of British mobile phone
operator Vodafone Group, ended state-controlled
Ooredoo’s domestic monopoly in 2009 and has been
steadily reducing its quarterly losses as it attracts more
subscribers and lifts revenue.

Nov 2, 2014

Insight – Qatar pares support for Islamists but careful to preserve ties

DOHA (Reuters) – Qatar has joined the American-led coalition to fight Islamic State, yet the emirate is a haven for anti-Western groups and foreign diplomats have reported seeing cars with Islamic State logos in an affluent bay district.

Such ambiguity runs through Qatari policy.

When the United States sought allies against Islamic State in Sept, Qatar was among the Gulf Arab states that sent its warplanes into action. But while Saudi Arabia and the United Arab Emirates welcomed media coverage, Qatar was silent.

Nov 2, 2014

Qatar pares support for Islamists but careful to preserve ties

DOHA (Reuters) – Qatar has joined the American-led coalition to fight Islamic State, yet the emirate is a haven for anti-Western groups and foreign diplomats have reported seeing cars with Islamic State logos in an affluent bay district.

Such ambiguity runs through Qatari policy.

When the United States sought allies against Islamic State in Sept, Qatar was among the Gulf Arab states that sent its warplanes into action. But while Saudi Arabia and the United Arab Emirates welcomed media coverage, Qatar was silent.

Oct 23, 2014

Qatar’s QAFCO to seek profit in niche fertilizer products: CEO

DOHA (Reuters) – Qatar Fertiliser Co (QAFCO) plans to launch niche production of environmentally friendly fertilisers to meet rising demand in Western markets, the firm’s chief executive said on Thursday.

The plan underlines a trend in several of the oil- and gas-rich economies of the Gulf: they are using their ample supplies of energy to widen their industrial bases and boost exports of non-energy goods such as chemicals.

Oct 6, 2014

Saudi Arabia relieved as well-protected haj nears close

MENA Saudi Arabia (Reuters) – Saudi Arabia breathed a sign of relief on Monday as the haj pilgrimage neared its close without the militant attacks or deadly epidemics that threatened to upset the huge annual Muslim journey of faith.

The kingdom said this year’s tighter security and sanitary precautions had paid off, allowing 2.085 million pilgrims to visit Mecca and other holy sites in safety this year, just slightly higher than the 1.98 million pilgrims last year.