Energy and Commodities Correspondent, UAE
Amena's Feed
Mar 30, 2015

Qatar 2022 World Cup may not need cooling systems

DOHA (Reuters) – A winter World Cup in Qatar may not require cooling systems to lower temperatures in the stadiums as proposed in the bid for a summer tournament, said an executive from the Gulf state’s 2022 organising committee.

Earlier this month, football’s world governing body FIFA ended more than four years of uncertainty over the timing of the World Cup in Qatar by announcing it would be played in November and December with the final on Dec. 18.

Mar 30, 2015

Soccer-Qatar 2022 World Cup may not need cooling systems

DOHA, March 30 (Reuters) – A winter World Cup in Qatar may not require cooling systems to lower temperatures in the stadiums as proposed in the bid for a summer tournament, said an executive from the Gulf state’s 2022 organising committee.

Earlier this month, soccer’s world governing body FIFA ended more than four years of uncertainty over the timing of the World Cup in Qatar by announcing it would be played in November and December with the final on Dec. 18.

Mar 29, 2015

Qatar’s QIA to partly fund Dufry’s purchase of WDF: sources

MILAN/DOHA (Reuters) – Qatar Investment Authority is partly financing Swiss travel retailer Dufry’s 1.3 billion-euro purchase of a majority stake in smaller Italian rival World Duty Free, according to three sources close to the matter.

Edizione, the holding company owned by the Benetton family that controls World Duty Free (WDF), said on Saturday it was selling its 50.1 percent stake in the group to Dufry for 10.25 euros per share.

Mar 29, 2015

Qatar’s QIA to partly fund Dufry’s purchase of WDF-sources

MILAN/DOHA, March 29 (Reuters) – Qatar Investment Authority
is partly financing Swiss travel retailer Dufry’s 1.3
billion-euro purchase of a majority stake in smaller Italian
rival World Duty Free, according to three sources close
to the matter.

Edizione, the holding company owned by the Benetton family
that controls World Duty Free (WDF), said on Saturday it was
selling its 50.1 percent stake in the group to Dufry for 10.25
euros per share.

Mar 24, 2015

Al Jazeera sports arm in talks for Turkey’s Digiturk: sources

ISTANBUL/DOHA (Reuters) – An affiliate of Qatari-based television network Al Jazeera is in advanced negotiations to buy Turkish satellite network Digiturk, three sources familiar with the talks said on Tuesday, a deal that would further boost its soccer offering.

BeIN Media Group, which runs the beIN sports network of channels operating in Asia, Europe and the United States, has yet to finalize the acquisition, said the people, who declined to be identified as the information is not yet public.

Mar 12, 2015

With governments at their backs, Gulf firms prepare for Egypt push

DOHA/ABU DHABI/KHOBAR, Saudi Arabia, March 12 (Reuters) -
G ulf Arab governments are encouraging – and in some cases
pressuring – hundreds of companies to attend an international
investment summit in Egypt this week, in a move that may help
the firms become top players in a rebounding Egyptian economy.

Over 270 of about 1,300 foreign officials and executives
registered for the event, which will declare Egypt open for
business again after years of economic and political turmoil,
are from the six wealthy oil exporting states of the Gulf.

Mar 5, 2015

Saudi king aims for new Sunni bloc vs Iran and Islamic State

RIYADH/DOHA (Reuters) – Saudi Arabia is pushing for Sunni Muslim Middle East countries to set aside differences over political Islam and focus on what it sees as more urgent threats from Iran and Islamic State.

Its new monarch, King Salman, has used summits with leaders of all five Gulf Arab states, Jordan, Egypt and Turkey over the past 10 days to reinforce the need for unity and find a way to work around disagreements over the Muslim Brotherhood.

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.