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[1/3] Soccer Football - FIFA World Cup Qatar 2022 Preview - Doha, Qatar - October 12, 2022 An image of Brazil's Neymar is seen on a building REUTERS/Hamad I Mohammed/FilesJOHANNESBURG/BENGALURU, Nov 11 (Reuters) - Brazil are tipped to claim the World Cup for the sixth time in the tournament that kicks off Nov. 20 in Qatar, according to a Reuters poll that last successfully predicted the champions in 2010. The global survey of 135 football-following market analysts worldwide agreed with the bookmakers that Brazil would triumph for the first time since 2002. Almost half of respondents expected Brazil to win while 30% were evenly split between France and Argentina. If France were to retain the trophy they would be the first to do so since Brazil in 1962. Reuters Poll- 2022 FIFA World CupQatar has reportedly spent around 220 billion dollars on hosting the tournament - almost fifteen times more than the second-most expensive one - but 41% of respondents said it would have no long-term economic impact.
[1/5] Pope Francis greets people as he attends a holy mass at Bahrain National Stadium during his apostolic journey, in Riffa, Bahrain, November 5, 2022. REUTERS/Hamad I MohammedAWALI, Bahrain, Nov 5 (Reuters) - Pope Francis said Mass for thousands of Catholics in Bahrain on Saturday, thrilling members of the small foreign Catholic community from around the Gulf and urging them to show kindness to their hosts, even if they feel sometimes badly treated. "This is a miracle," said Mary Grace Fortes, 36, a Filipino who works at the reception of a hotel in Bahrain. The prayers of the faithful during the Mass were read in languages spoken by foreign workers including Tagalog, Swahili, Malayalam, Tamil and Konkani. The Mass was attended by one of the sons of King Hamad bin Isa Al Khalifa and several government ministers.
AWALI, Bahrain, Nov 4 (Reuters) - Pope Francis on Friday appealed to religious leaders to help bring the world back from "the brink of a delicate precipice" and oppose a new race to rearm that he said was redesigning Cold War-era spheres of influence. The visit continues the pope's policy of improving ties with the Islamic world following a historic visit to Abu Dhabi in 2019, the first by any pope to the Arabian peninsula. Apparently referring to Ukraine, Francis condemned a situation where "a few potentates are caught up in a resolute struggle for partisan interests, reviving obsolete rhetoric, redesigning spheres of influence and opposing blocs". The cathedral was built on land donated by the king and one of the monarch's sons welcomed him to the church. On Saturday, the pope was due to say Mass for an estimated 30,000 people at Bahrain's National Stadium.
[1/3] Workers take on last minute set up ahead of Pope Francis arrival at Sacred Heart Catholic Church in Manama, Bahrain, November 2, 2022. It is home to the first Catholic church to be built in the Gulf area in modern times, which opened in 1939, as well as the cathedral of Our Lady of Arabia, the largest Catholic church on the Arabian Peninsula. The London-based Bahrain Institute for Rights and Democracy (BIRD) and other human rights groups have urged the pope to speak out on what they say are rights abuses, including the imprisonment of pro-democracy dissidents. Bahrain rejects criticism from the United Nations and others over its conduct of trials and detention conditions. Bahrain, along with the UAE, forged ties with Israel in 2020 under U.S.-brokered pacts known as the Abraham Accords.
[1/5] Najla Uchi poses for a photo on her altar in her home in Manama, Bahrain, October 30, 2022. REUTERS/Hamad I Mohammed/File PhotoMANAMA, Nov 2 (Reuters) - When Pope Francis visits Bahrain this week, it will be a dream come true for many Christians in the Gulf Arab country, but especially for Najla Uchi, whose father helped build the first Roman Catholic church in the island state. Lighting a candle at her home altar lined with religious icons, 78-year-old Najla Uchi said she had been saying a daily prayer for Pope Francis, who is due to arrive on Thursday. In the Sacred Heart Church yard, people pose for pictures in front of posters of Pope Francis. In 2019, Pope Francis visited Abu Dhabi in the United Arab Emirates, the first pontiff to visit the Arabian peninsula and say a Mass there.
Most Gulf central banks raise interest rates after Fed's move
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Hamad I MohammedDUBAI, Nov 2 (Reuters) - Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve raised its key policy rate by three-quarters of a percentage point for the fourth straight time. Saudi Arabia and the United Arab Emirates, the region's two largest economies, both increased rates by 75 basis points. The Saudi central bank, also known as SAMA, lifted its repo and reverse repo rates to 4.5% and 4%, respectively. Bahrain also raised its main rate by 75 basis points while Qatar increased rates by between 50 and 75 basis points. The impact of higher interest rates among Gulf oil exporters in 2022 has so far been limited.
Saudi leads Gulf bourses lower on recession worries
  + stars: | 2022-09-25 | by ( Ateeq Shariff | ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterBahraini traders are seen at Bahrain Bourse in Manama, Bahrain, November 4, 2020. Register now for FREE unlimited access to Reuters.com RegisterRetal Urban Development Co (4322.SE) dropped 4%, while oil behemoth Saudi Aramco (2222.SE) finished 2.6% lower. read moreThe Saudi index remains exposed to additional price corrections with oil demand expected to continue slowing down, said Daniel Takieddine, CEO MENA BDSwiss. Outside the Gulf, Egypt's blue-chip index (.EGX30) eased 0.3%, hit by a 2.1% fall in Commercial International Bank (COMI.CA). Register now for FREE unlimited access to Reuters.com RegisterReporting by Ateeq Shariff in Bengaluru; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
Register now for FREE unlimited access to Reuters.com RegisterBahraini traders are pictured in Bahrain Bourse in Manama, Bahrain, November 5, 2020. REUTERS/Hamad I MohammedSept 21 (Reuters) - Most stock markets in the Gulf fell on Wednesday as investors braced for a hefty interest rate hike from the U.S. Federal Reserve, while escalating tension between Russia and Ukraine added to concerns. Saudi Arabia's benchmark index (.TASI) dropped 0.4%, hit by 0.6% falls in both Al Rajhi Bank (1120.SE) and oil giant Saudi Aramco (2222.SE). Outside the Gulf, Egypt's blue-chip index (.EGX30) fell 0.6%, snapping two sessions of gains. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ateeq Shariff in Bengaluru; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
The Central Bank of Bahrain is seen in Manama, October 27, 2013. The Saudi Central Bank, also known as SAMA, lifted its repo and reverse repo rates by 75 bps to 3.75% and 3.25%, respectively. The UAE's central bank will from Thursday hike its base rate by three-quarters of a percentage point to 3.15%. Qatar's central bank will from Thursday increase its lending rate to 4.5%, deposit rate to 3.75% and repo rate to 4.0%. Bahrain raised its key policy interest rate on its one-week deposit facility to 4%.
Gulf bourses slide on elevated interest rate worries
  + stars: | 2022-09-19 | by ( Ateeq Shariff | ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterBahraini traders are pictured in Bahrain Bourse in Manama, Bahrain, November 5, 2020. Dubai's main share index (.DFMGI) lost 0.4%, while the Abu Dhabi index (.FTFADGI) retreated 1%. In Qatar, the benchmark index (.QSI) slid 1.7% as most of the stocks on the index were in the negative territory including Qatar Islamic Bank (QISB.QA), which declined 4%. Outside the Gulf, Egypt's blue-chip index (.EGX30) rebounded 0.9% as investors traded into weakness after four consecutive days of decline tuned its stocks more attractive to buy in. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ateeq Shariff in Bengaluru; editing by Uttaresh.VOur Standards: The Thomson Reuters Trust Principles.
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