Russia and Saudi Arabia signalled on Monday there was no need for Opec+ to race to adjust oil output policy this week, as crude prices rebounded from last week’s slide with the worst fears about the impact of the Omicron variant on demand easing.
Asian markets fell again on Monday after last week’s painful rout fuelled by news of the Omicron virus strain but European stocks and oil rebounded strongly as investors try to assess its threat to the global economic recovery.
In accordance with Chapter 4, Article (19) of the amended Articles of Association of Masraf Al Rayan, HE Sheikh Mohamed bin Hamad bin Qassim al-Abdullah al-Thani has been appointed a member of the board representing the Qatar Investment Authority in place of HE Ali bin Ahmed al-Kuwari.
The Investment Promotion Agency of Qatar (IPA Qatar) and the German Federal Association of Small and Medium Enterprises (BVMW) have signed a memorandum of understanding (MoU) for the creation of a representative office in Qatar.
Innovative entrepreneurs from Qatar and nine Arab countries have participated in the recently-concluded ‘E-commerce Hackathon’, a first in Qatar organised by Innovation Café.
Qatar, which remains one of the strongest macro stories in the Middle East and its broader CEEMEA (Central and Eastern Europe, Middle East and Africa) region, has an “improved” economic outlook, according to HSBC Economist.
The Qatar Stock Exchange on Sunday plummeted more than 300 points to settle below 11,500 points, mirroring the weak global sentiments owing to Omicron variant of the Covid-19.
Ooredoo Group and Nokia signed two agreements as part of a strategic partnership intended to drive Ooredoo’s digital transformation and enhance experiences for its customers.