Energy and Commodities Correspondent, UAE
Amena's Feed
Feb 25, 2015

Soccer-No club compensation for a 2022 winter World Cup-FIFA

DOHA, Feb 25 (Reuters) – Soccer’s world governing body FIFA flexed its muscles again on Wednesday when it announced that clubs will not get compensation for losing players and suffering domestic disruption due to a 2022 winter World Cup in Qatar.

A day after a FIFA task force angered Europe’s clubs by recommending a November/December tournament, the organisation’s secretary general, Jerome Valcke, told reporters there would be no financial payments for any disruption to domestic leagues.

Feb 25, 2015

No club compensation for a 2022 winter World Cup: FIFA

DOHA (Reuters) – FIFA flexed its muscles again on Wednesday when it announced that clubs will not get any compensation for losing players and suffering domestic disruption due to a 2022 winter World Cup in Qatar.

A day after a FIFA task force angered Europe’s clubs by recommending a November/December tournament, the general secretary of soccer’s governing body Jerome Valcke told reporters there would be no financial payments for any disruption to domestic leagues.

Feb 25, 2015

Qatar investment slowing as oil slumps -Investment House CEO

DOHA (Reuters) – A proposal by Qatar’s Investment House for a 750 million riyal ($206 million) flotation of an agricultural firm has been shelved by regulators, while investment in Qatar is slowing generally because of weak oil prices, Investment House’s chief executive said.

Investment House is a private Qatari investment bank that is 87 percent owned by Qatar Investment and Projects Development Holding Co (QIPCO), a local investment group.

Feb 24, 2015

FIFA Task Force recommends shorter Nov-Dec World Cup for Qatar 2022

DOHA (Reuters) – A FIFA task force examining dates for the Qatar World Cup has recommended the Gulf state hosts a shorter tournament, staged over the cooler months of November and December 2022.

Asian Football Confederation head Sheikh Salman bin Ebrahim Al-Khalifa told reporters in Doha on Tuesday that those dates would be put to FIFA’s executive committee to be ratified next month.

Feb 5, 2015

Bentley exec sees sales growth slowing as economy prospects darken

DOHA, Feb 5 (Reuters) – Bentley will likely see sales growth
of its upscale autos in 2015 fall short of last year’s level, a
board member of the British marque told Reuters, as economic
uncertainties and the slump in oil prices leave consumers more
cautious about luxury purchases.

Last year, the Volkswagen-owned brand delivered
a record 11,020 saloons, coupes and convertibles, 9 percent more
than the previous year.

Feb 5, 2015

Qatar’s embattled Brotherhood exiles see hope in new Saudi king

DOHA (Reuters) – The accession of King Salman in Saudi Arabia has caused glimmers of hope among Muslim Brotherhood exiles in Qatar that the Middle East’s political winds have started to shift in their favour, potentially giving the Islamist group more space to act.

King Salman is more sympathetic to religious conservatives than his predecessor Abdullah and is seen as less hostile to the group, but analysts and diplomats in Riyadh say any adjustment to Saudi policy towards the Brotherhood is likely to be minimal.

Feb 2, 2015

Jazeera journalist Greste says relief to be free, like a “rebirth”

DOHA (Reuters) – Journalist Peter Greste said on Monday it was a great relief to be freed from prison in Egypt but that he felt “incredible angst” about leaving two colleagues behind in prison.

Al Jazeera journalist Greste was released on Sunday after 400 days in a Cairo jail. He had been sentenced to seven years on charges that included aiding a terrorist group, security officials said.

Jan 12, 2015

Venezuela, Iran plea for oil cut hits Gulf OPEC brick wall

DUBAI/DOHA, Jan 12 (Reuters) – A diplomatic push by
Venezuela and Iran for an OPEC oil output cut has failed to
soften the refusal of the group’s Gulf members to do so for now,
delegates said on Monday.

An oil price sinking under $49 a barrel on Monday is
twisting the knife in Venezuela’s steadily shrinking economy and
in sanctions-bound Iran.

Dec 16, 2014

OPEC signals “wait and see” approach could last a year

DOHA, Dec 16 (Reuters) – Core Gulf OPEC oil producers
signalled this week they are prepared to wait as long as six
months to a year to see the market stabilise, quashing hopes for
any quick intervention to stop the price rout that took crude to
under $60 per barrel.

Some OPEC watchers had identified $60 as a potential red
line at which the group, which produces a third of global oil,
was expected to send a signal to the market that the decline had
been too fast and too steep.

Dec 16, 2014

Russia says won’t cut oil output, sees no price floor

DOHA, Dec 16 (Reuters) – Russia said on Tuesday it would not
cut oil output to help prop up prices and refrained from calling
on OPEC to do so despite its economy showing signs of severe
stress and its currency collapsing to record lows.

Oil prices dropped to near $59 per barrel on Tuesday for the
first time since 2009 after OPEC member the United Arab Emirates
reinforced on Monday the message from key Gulf producers that
OPEC would not rush to cut its production to balance the market
and alleviate a growing global glut.