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U.S. President Joe Biden holds a bilateral meeting with Qatar's Emir Sheikh Tamim bin Hamad al-Thani in the Oval Office at the White House in Washington, U.S., January 31, 2022. "The two leaders agreed that all hostages must be released without further delay," the statement said. Hamas fighters surged across the border from Gaza into Israel on Oct.7, killing about 1,200 people and taking more than 200 hostages, according to Israeli officials. Reuters last week reported that Qatar, where several political leaders of Hamas are based, has been leading mediation efforts between Hamas and Israeli officials over the hostages. Washington has rejected calls from Arab leaders and others for it to insist that Israel halt its assault on the Hamas-controlled Gaza strip.

Persons: Joe Biden, Emir Sheikh Tamim bin Hamad, Leah Millis, Emir Sheikh Tamim bin Hamad Al, Biden, Jake Sullivan, CNN's, Sullivan, Brett McGurk, Biden's, Benjamin Netanyahu, Al Thani, Washington, Andrea Shalal, Ahmed Tolba, Steve Holland, Hugh Lawson, Noeleen Walder, Diane Craft Organizations: White, REUTERS, Rights, Hamas, Reuters, CNN, U.S, East, Israel, Israeli, Biden, Thomson Locations: Thani, Washington , U.S, Emir Sheikh Tamim bin Hamad Al Thani, Gaza, Israel, Qatar, Egypt, United States, Brussels, Saudi Arabia, Jordan, Rafah

☆ Exclusive: UAE plans to maintain ties with Israel despite Gaza outcry, sources say
▼ + stars: | 2023-11-11 | by ( Alexander Cornwell | ) www.reuters.com time to read: +8 min

Abu Dhabi became the most prominent Arab nation to establish diplomatic ties with Israel in 30 years under the U.S.-brokered Abraham Accords in 2020. "The indiscriminate damage visited upon the people of Gaza in pursuit of Israel's security risks extinguishing that hope," she said. Israel and the UAE have developed close economic and security ties in the three years since normalisation, including defence cooperation. None of four sources ruled out that the UAE could downgrade or sever its ties if the crisis escalated. While criticising Israel's conduct of the war, Abu Dhabi has also condemned Hamas for its attack.

Persons: Ronen, Abu Dhabi, Israel ABU, Abraham, Sheikh Mohamed bin Zayed Al Nahyan, Benjamin Netanyahu, Sheikh Mohamed, Emir Sheikh Tamim bin Hamad Al Thani, Israel, Washington, Anwar Gargash, Lana Nusseibeh, Abu, Jordan, James Dorsey, Netanyahu, Israel's, Abdel Fattah al, Mohammed Mursi, Omar Hassan al, Bashir, Alexander Cornwell, Dan Williams, Steven Scheers, Maha El Dahan, Michael Georgy, Daniel Flynn Organizations: REUTERS, UAE, United Arab Emirates, Israel, U.S, Abraham Accords, Israeli, Qatari, UN Security Council, Reuters, West Bank, Gaza, National University of Singapore, European Union, Egypt's, Thomson Locations: Petah Tikva, Israel, UAE, Gaza, Israel ABU DHABI, Abu, Palestinian, Arab, United States, Abu Dhabi, Qatar, reining, East Jerusalem, Israeli, Iran, Yemen, OPEC, Al Aqsa, Islam, Egypt, Jerusalem

☆ Qatar Airways' new CEO — whose predecessor once said a woman couldn't do his job — wants to bring a culture of 'trust and empowerment' to the airline
▼ + stars: | 2023-11-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Qatar Airways has a new CEO after Akbar Al Baker was in charge for 27 years. Badr Mohammed Al-Meer wants "a culture of trust and empowerment" plus sustainable solutions. That could mark a change in tack from Al Baker, who often courted controversy. AdvertisementAdvertisementBadr Mohammed Al-Meer, Qatar Airways CEO. Al-Meer was previously the chief operating officer of Hamad International Airport in Doha, which is Qatar Airways' main base.

Persons: Akbar Al Baker, Badr Mohammed Al, Meer, Al Baker, — Organizations: Qatar Airways, Service, Hamad International Airport Locations: Al, Meer, Doha

☆ Qatar's emir holds talks in Egypt on ending Gaza violence
▼ + stars: | 2023-11-10 | by ( Mohamed Wali | ) www.reuters.com time to read: +2 min

Qatar's Emir Sheikh Tamim bin Hamad al-Thani attends the Arab League Summit in Jeddah, Saudi Arabia, May 19, 2023. Qatar said "joint efforts to stop the aggression against Gaza, reduce escalation and bring in urgent humanitarian aid" were discussed. Since then Israel has launched an unrelenting bombardment and an armoured invasion of Hamas-ruled Gaza, where more than 10,000 people have been killed, according to Palestinian officials. Evacuations through Rafah restarted on Thursday following a pause after the Red Cross said one of its convoys escorting evacuees was targeted inside Gaza. The United Nations said 65 aid trucks entered Gaza from Egypt on Thursday, well below the number needed to address a deepening humanitarian crisis.

Persons: Sheikh Tamim bin Hamad, Thani, Abdel Fattah al, Sheikh Tamim bin Hamad Al Thani, Cross, Israel, Mohamed Wali, Nayera Abdallah, Nadine Awadalla, Aidan Lewis, Nick Macfie, Alex Richardson Organizations: Arab League Summit, Saudi Royal Court, REUTERS, Rights, U.S . Central Intelligence Agency, CIA, Hamas, United Nations, United, Thomson Locations: Jeddah, Saudi Arabia, Bandar, Rights CAIRO, Qatar, Egypt, Cairo, Gaza, Qatari, Doha, Israel, Hamas, Rafah, United States

☆ Mossad, CIA chiefs meet Qatar PM in Doha on Gaza hostage deal -source
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mary F. Calvert/File photo Acquire Licensing RightsDOHA, Nov 9 (Reuters) - The CIA and Mossad chiefs met with the Qatari prime minister in Doha on Thursday to discuss the parameters of a deal for hostage releases and a pause in Hamas-Israel fighting in the Gaza Strip, a source briefed on the meeting told Reuters. Sheikh Tamim was accompanied by the Qatari prime minister. The statement said the purpose of the visit was to discuss the situation in Gaza. Unlike Qatar, the UAE has had diplomatic relations with Israel since a U.S.-brokered normalisation agreement in 2020. Reporting by Andrew Mills; writing by Maha El Dahan; editing by Toby Chopra and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: William Burns, Mary F, David Barnea, Sheikh Mohammed Bin Abdulrahman, Thani, Qatar's Emir Sheikh Tamim bin Hamad Al Thani, Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Tamim, Andrew Mills, Maha El, Toby Chopra, Mark Heinrich Our Organizations: Central Intelligence Agency, Intelligence, REUTERS, Rights DOHA, CIA, Reuters, Qatari, Wednesday, United Arab, Thomson Locations: Washington , U.S, Doha, Israel, Gaza, Qatar, Qatar's, United Arab Emirates, Abu Dhabi, UAE, U.S

Gaza City, Hamas' main stronghold in the territory, is encircled. Israel says its troops have advanced to the heart of the densely-populated city while Hamas says its fighters have inflicted heavy losses on the invading forces. Defence Minister Yoav Gallant said Israel had "one target - Hamas terrorists in Gaza, their infrastructure, their commanders, bunkers, communications rooms". Gallant, the Israeli defence minister, said that after the war was finished, neither Israel nor Hamas would rule Gaza. The International Committee of the Red Cross (ICRC) said a humanitarian convoy came under fire in Gaza City on Tuesday.

Persons: Yoav Gallant, Israel, Daniel Hagari, ISRAEL, Ghazi Hamad, Al, " Hamad, Joe Biden, Benjamin Netanyahu, Netanyahu, Ammar Awad, Gallant, Ebrahim Raisi, Khalid Al, Valeria Nesterov, Al Shifa, Haitham, Cross, Nidal al, Angel, Emily Rose, Maayan, Rami Amichay, Rami Ayyub, Michael Perry, Cynthia Osterman, Simon Cameron, Moore Organizations: Hamas, Jihad, REUTERS, of Islamic, Bloomberg, Economy, Gaza, International Committee, Thomson Locations: Saudi, Riyadh, China, GAZA, JERUSALEM, Gaza, Israel, Gaza City, Al Jazeera, Gaza . Washington, SAUDI, Saudi Arabia, of Islamic Cooperation, Iranian, Tehran, Singapore, Hamas, Tel Aviv, Al, Jerusalem

☆ Palestinians fleeing south in Gaza describe unbearable situation in Gaza City: ‘Nothing is left’
▼ + stars: | 2023-11-08 | by ( Abeer Salman | ) edition.cnn.com time to read: +5 min

Gaza and Jerusalem CNN —Thousands of Palestinians fled northern Gaza on Wednesday, traveling miles on foot through the battered enclave in a growing exodus prompted by Israel’s intensified ground and air campaign. It was the fifth day in a row that the IDF opened an evacuation window, and numbers of people fleeing south have increased each day. Israel has been ramping up its offensive inside Gaza, following the October 7 attacks that left 1,400 people in Israel dead. Israeli Defense Minister Yoav Gallant claimed Tuesday that IDF troops were at the “heart of Gaza City” and targeting Hamas infrastructure and commanders there. A satellite image shows groups of people walking along Salah a-Din road as they evacuate south from Gaza City.

Persons: Israel’s, –, Salah Eddin, Gazans, Israel, Yoav Gallant, ” Gallant, “, ”, Salah, ” Hani Bakhit, feeing, ” Khader Hamad, Ahmed Zakot, ” Abu Ida, I’m, Al Shifa Organizations: Jerusalem CNN, Israel Defense Forces, IDF, UN, CNN, Israeli, Maxar Technologies, Reuters, AP People Locations: Gaza, Jerusalem, Israel, Gaza City, Wadi Gaza, ”

☆ Israel-Hamas War Israel Announces ‘Large Attack’ as Communications Blackout Cuts Off Gaza
▼ + stars: | 2023-11-06 | by ( Anushka Patil | ) www.nytimes.com time to read: +4 min

“Essentially today there is a northern Gaza and a southern Gaza,” Admiral Hagari said. Earlier in the day, the Israeli military had accused Hamas of using two hospitals in northern Gaza, Sheikh Hamad and Indonesian hospitals, as cover for its operational centers. The Israeli military had earlier made similar accusations about Al Shifa Hospital, in Gaza City, and on Friday the Israeli military confirmed an airstrike near that facility. The communications blackout hit Gaza after sunset, around 6:20 p.m. local time, according to NetBlocks, an internet monitoring service. The first blackout on Oct. 27, which began around sunset, lasted nearly 36 hours and spread fear and panic across Gaza as Israel began a ground invasion.

Persons: Daniel Hagari, Israel, Admiral Hagari, ’, Sheikh Hamad, Al Shifa, Tedros Adhanom Ghebreyesus, Tedros, NetBlocks, Alp Toker, “, ” Mr, Toker Organizations: BBC, West Bank, Al, Gaza’s, Palestine Red Crescent Society, UNRWA, World Health Organization Locations: Gaza City, Gaza, Indonesian, Al Shifa, Palestine, Israel, United States

☆ Most Gulf markets end higher after US job market softens
▼ + stars: | 2023-11-05 | by ( ) www.reuters.com time to read: +2 min

A trader looks on near electronic boards showing stock market data at Bahrain Bourse after Joe Biden won the U.S. presidency, in Manama, Bahrain, November 8, 2020. Most Gulf Cooperation Council countries, including the UAE, peg their currencies to the U.S. dollar and follow the Fed's policy moves closely. Saudi Arabia's benchmark index (.TASI) gained 0.8%, with oil giant Saudi Aramco (2222.SE) rising 0.5% and Lumi Rental Co (4262.SE) finishing 1.7% higher. Outside the Gulf, Egypt's blue-chip index (.EGX30) closed 2% higher, led by a 2.1% rise in Commercial International Bank (COMI.CA). On Friday, the lender reported third-quarter net income of 8.35 billion Egyptian pounds ($270.66 million), up 89% year-on-year.

Persons: Joe Biden, Hamad I Mohammed, Detroit's, Jerome Powell, Ateeq, David Goodman, Sharon Singleton Organizations: Bahrain Bourse, U.S, REUTERS, Federal, United Auto Workers, UAW, Gulf Cooperation, U.S ., Saudi Aramco, Lumi, Reuters, Industries Qatar, Commercial International Bank, Thomson Locations: Bahrain, Manama, U.S, Gulf, UAE, Saudi, Ateeq Shariff, Bengaluru

☆ Israel Announces ‘Large Attack’ as Communications Blackout Cuts Off Gaza
▼ + stars: | 2023-11-05 | by ( Anushka Patil | ) www.nytimes.com time to read: +4 min

☆ Singapore’s Changi Airport fully reopens Terminal 2 following huge expansion
▼ + stars: | 2023-11-03 | by ( Karla Cripps | ) edition.cnn.com time to read: +5 min

CNN —Singapore’s Changi Airport has fully reopened Terminal 2 following a massive 3.5-year expansion project. But it was the introduction of some previously unheard-of amenities that really got the world’s travelers to take notice. Changi Airport Terminal 3 – which now has a 12-meter-high mega slide and a butterfly garden – entered the picture in 2008. Featuring a dramatic, doughnut-shaped exterior framed in steel and glass, the 135,700-square-meter space is a multi-use complex that connects three of Changi Airport’s four terminals. Meanwhile, airport officials have already revealed plans for Terminal 5, which is expected to open to travelers in the mid-2030s.

Persons: ”, Lye, Tang, Li Bai’s, Li Bai, Nam Kee, what’s Organizations: CNN, Group’s, Lotte, Harry’s, CNN Singapore Changi Airport, Hamad International Airport, Changi, HSBC Locations: Changi, Lye Teck, Singapore, Doha, Qatar, Forest

☆ Ratcliffe to invest extra $300 mln on top of 25% stake in Manchester United -source
▼ + stars: | 2023-11-03 | by ( Anirban Sen | Thomson Reuters | Anirban Sen Is The Editor In Charge For U.S. M A At Reuters In New York | ) www.reuters.com time to read: +2 min

Shares in United rose 4% to $18.85 on the news, which was first reported by Sky News. Manchester United declined to respond to a Reuters request for comment. Ratcliffe founded Ineos in 1998 and is the chemical group's chairman and chief executive officer, with a two-thirds stake. Record 20-time English champions, United have more than 650 million fans worldwide, according to market research firm Kantar. ($1 = 0.8110 pound)Reporting by Prerna Bedi in Bengaluru; Editing by Shinjini Ganguli, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Ratcliffe, Ratcliffe, Glazer, Qatar's Sheikh Jassim bin Hamad al, Ineos, Erik ten Hag, Prerna Bedi, Shinjini Ganguli, Kirsten Donovan Organizations: Premier, Sky News, Manchester United, Reuters, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, United, League, Premier League, Manchester City, Thomson Locations: Manchester, United, Qatar's Sheikh Jassim bin Hamad al Thani, Ineos, British, Bengaluru

Ghazi Hamad, one of the top leaders, said the group would carry out further attacks on Israel until the nation was annihilated. On Thursday, Hamas released footage that it said showed its fighters firing a grenade launcher at an Israeli tank. After three consecutive days of Israeli airstrikes in the Jabaliya neighborhood of northern Gaza, rescuers were searching for survivors in the rubble of collapsed buildings. The troops have cut the main north-south roads to Gaza City, depriving Hamas of equipment, vehicles and other reinforcements carried above ground. It also helped prevent them from broadcasting images of the assault to the world, which could have raised pressure on Israel to stop.

Persons: Ghazi Hamad, Blinken, Biden’s Organizations: United Nations, Hamas, West Bank Locations: Israel, Jabaliya, Gaza, Gaza City, Lebanon, Israel’s, Lebanese

☆ How Hamas Defines Cease-Fire
▼ + stars: | 2023-11-02 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Wonder Land: The Democratic Party never expected Jew-hatred to be a feature of its coalition. To the international community, it pleads for a cease-fire on humanitarian grounds. To the Arab world, it pledges to repeat its Oct. 7 attacks and sacrifice as many Palestinians as it takes to destroy Israel. That was the message of Ghazi Hamad , a member of the Hamas Politburo, in an Oct. 24 interview on Lebanese television. “We must teach Israel a lesson,” he says, “and we will do this again and again.

Persons: Mark Kelly Hamas, Ghazi Hamad, Israel, ”, “, Al Aqsa, — “ Organizations: Democratic Party, Hamas, Middle East Media Research Institute Locations: Israel

☆ Erik ten Hag: Manchester United just can’t find winning formula under Dutch coach
▼ + stars: | 2023-11-02 | by ( Michael Johnston | ) edition.cnn.com time to read: +9 min

“It is below the standards you expect at Manchester United,” Ten Hag told reporters after Wednesday’s defeat. Rasmus Højlund joined Manchester United from Italian club Atalanta in August for a reported fee of $87.7 million. “You just can’t quite get the stability that Ferguson brought, and since then, people have come and gone,” Dutch football expert Michael Statham told CNN Sport. Manchester United manager Ten Hag has had a very public falling out with Jadon Sancho, who last played for the club in August. They are not thinking about strategic reviews or structures or whatever,” the United manager said before the Manchester derby on the weekend.

Persons: Erik ten Hag, Wednesday’s, Newcastle United –, Hag, “, they’re, “ You’re, Rasmus Højlund, Alex Livesey, Sir Alex Ferguson, Ferguson, Michael Statham, Mason Mount, John Walton, –, Mason Greenwood, Antony, Jadon Sancho, Ten Hag, Gareth Copley, Glazer, everpresent, Jim Ratcliffe, Jassim Bin Hamad Al, Sheikh Jassim, Ratcliffe, Michael Regan, Gary Neville, Erik, ” Neville, ”, Jamie Carragher, Lisandro Martínez, Johan Cruyff, that’s, ” Statham, Tyrell Malacia, Martínez, they’ve, Statham, Sancho, “ He’s, Erling Haaland, John Stones, Catherine Ivill Organizations: CNN, Manchester, English Premier League, Old, Manchester City, Newcastle United, Manchester United, of, Atalanta, United, CNN Sport, Chelsea, Spanish, Getafe, Arsenal, The Athletic, Qatari, Sky Sports, Getty, –, ” CNN, Dutch, Ajax –, Ajax, ”, humbling Locations: Old Trafford, Italian, Jassim Bin Hamad Al Thani, Europe, Liverpool, Argentine, Manchester United's Old Trafford, United, Newcastle

☆ Man Utd predicts higher annual revenue as sale process drags on
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

The English Premier League club, whose future ownership remains uncertain as the Glazer family explore a potential sale, did not give any update on that process, which started nearly a year ago. Manchester United expect revenue of between 650 million and 680 million pounds for the fiscal year to June 2024, compared with 648.4 million in 2022/23. The club forecast adjusted core profit of between 140 million and 165 million pounds, compared with 155 million in 2022/23. For the quarter ended June 30, Manchester United reported a net loss of nearly 3 million pounds ($3.50 million), compared with a loss of 71 million pounds a year earlier. Annual net losses narrowed by 75% to 29 million pounds.

Persons: Molly Darlington, Glazer, Jim Ratcliffe, Qatar's Sheikh Jassim bin Hamad al, Erik ten Hag, Rasmus Hojlund, Mason Mount, Andre Onana, Yadarisa, Shounak Dasgupta, Kevin Liffey Organizations: Soccer Football, Premier League, Manchester United, Leicester City, Champions League, English Premier League club, New York Stock Exchange, Inter Milan, European, League, Danish, Copenhagen, Manchester City, . Manchester United, Thomson Locations: Old Trafford, Manchester, Britain, Trafford, Qatar's, Qatar's Sheikh Jassim bin Hamad al Thani, Atalanta, Chelsea, Bengaluru

☆ South Korea's Hyundai, Saudi Aramco clinch $2.4 bln gas plant deal
▼ + stars: | 2023-10-24 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

[1/2] General view of the summit between President of South Korea, Yoon Suk-Yeol and Saudi Arabia's Crown Prince, Mohammed bin Salman in al Yamamah Palace in Riyadh, Saudi Arabia October 22, 2023. Saudi Press Agency/Handout via REUTERS Acquire Licensing RightsSEOUL, Oct 24 (Reuters) - South Korea's Hyundai Engineering & Construction (000720.KS) and Hyundai Engineering have signed a $2.4 billion contract with oil giant Saudi Aramco (2222.SE) to build a gas processing plant, Seoul's presidential office said on Tuesday. Jafurah is Saudi's largest unconventional non-oil associated gas field, with reserves estimated at 200 trillion cubic feet (5.7 trillion cubic metres) of raw gas. State-run Korea National Oil Corp also clinched a storage deal with Aramco during Yoon's visit that allows the Saudi company to store 5.3 million barrels of oil in South Korea's reserve facilities in the port of Ulsan for five years. After a four-day stay in Riyadh, Yoon left for Doha on Monday where he will attend an international horticultural expo before holding a summit on Tuesday with Qatar's Emir Sheikh Tamim bin Hamad al-Thani, his office said.

Persons: Yoon Suk, Saudi Arabia's Crown Prince, Mohammed bin Salman, Yoon Suk Yeol, Yoon, Saudi Crown Prince Mohammed bin Salman, Emir Sheikh Tamim bin Hamad, Hyonhee Shin, Tom Hogue Organizations: Saudi Arabia's Crown, Saudi Press Agency, Handout, REUTERS Acquire, Rights, Hyundai Engineering, Construction, Saudi Aramco, South Korean, Hyundai Motor Group, Hyundai, Aramco, Saudi Crown, Saudi, Hamas, Korea National Oil Corp, Doha, Thomson Locations: South Korea, al Yamamah, Riyadh, Saudi Arabia, Rights SEOUL, Saudi, Israel, South Korea's, Ulsan, Thani

☆ Airline CEO who once said a woman couldn't do his job steps down after decades in post
▼ + stars: | 2023-10-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Qatar Airways announced that its CEO, Akbar Al Baker, is standing down after 27 years. Al Baker's leadership has seen the airline win an array of awards, including the World's Best Airline seven times. Since Al Baker took charge nearly three decades ago, Qatar's national carrier has grown hugely and picked up several awards along the way. AdvertisementAdvertisementBetween 2011 and 2022, it was named the World's Best Airline seven times by Skytrax. And this year saw Qatar Airways' business class offering named the world's best for the tenth time at the World Airline Awards.

Persons: Akbar Al Baker, Al Baker's, —, Badr Mohammed Al, Meer, Al Baker, hasn't, grandmothers Organizations: Qatar Airways, Service, Hamad International Airport, Skytrax, Association of, BBC, Qatar, FIFA, Associated Press Locations: Doha, Ireland

☆ Qatar's emir: Israel shouldn't get unrestricted OK to kill
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

Qatar's Emir Sheikh Tamim Bin Hamad Al-Thani addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Mike Segar/File Photo Acquire Licensing RightsDOHA, Oct 24 (Reuters) - Qatar's ruling emir on Tuesday urged the international community not to grant Israel "unrestricted authorisation to kill" Palestinians in its fight against Hamas, in what he called a dangerous escalation that threatens global security. Israel shouldn't be granted an unconditional green light and unrestricted authorisation to kill," Sheikh Tamim bin Hamad Al-Thani said in an annual speech to open the Gulf Arab state's advisory Shura council, his first public comments since Qatar began its most recent efforts to mediate between Israel and Hamas. Since then, wealthy gas-producer Qatar has had an open dialogue with both Israel and Hamas which has brought about the release of four hostages held by Hamas, including two Israeli women on Monday. "We call for a serious regional and international stance against this dangerous escalation that we are witnessing, which threatens the security of the region and the world,” Sheikh Tamim said.

Persons: Sheikh Tamim Bin Hamad Al, Mike Segar, Israel shouldn't, Sheikh Tamim bin Hamad, Thani, ” Sheikh Tamim, Andrew Mills, Nayera Abdallah, Tala, Ed Osmond, Bernadette Baum Organizations: General Assembly, REUTERS, Rights, Qatar, Hamas, Thomson Locations: Thani, New York City, U.S, Israel, Sheikh Tamim bin Hamad Al, Arab, Gaza

☆ Saudi mega-city NEOM sets up $10 bln JV with Denmark's DSV
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

General view of NEOM in northwestern Saudi Arabia, January 11, 2021. REUTERS/Hamad I Mohammed/File photo Acquire Licensing RightsDUBAI, Oct 24 (Reuters) - Saudi Arabia's $500 billion flagship project NEOM on Tuesday set up a $10 billion joint venture (JV) with Denmark's DSV (DSV.CO), the world's third-largest freight forwarder, they said in a joint statement. "The partnership will focus on providing logistics services for NEOM in the coming years," the statement said, adding NEOM will hold 51% of the joint venture and DSV 49%. "The joint venture will provide end-to-end supply chain management, development and investments in transport and logistics assets and infrastructure as well as transport and delivery of goods and materials within NEOM," the companies said. The kingdom's sovereign wealth fund, the Public Investment Fund, is the cornerstone investor in NEOM, a 26,500-square-km (10,230-square-mile) high-tech development on the Red Sea.

Persons: Hamad I Mohammed, Saudi Arabia's Crown Prince Mohammed bin Salman, Yousef Saba, Jason Neely Organizations: REUTERS, Rights, Denmark's, Saudi Arabia's Crown, NEOM, Public Investment Fund, Thomson Locations: Saudi Arabia, Rights DUBAI, Saudi, NEOM

☆ Qatar Airways longtime CEO Akbar Al Baker to resign
▼ + stars: | 2023-10-23 | by ( Tom Foster | ) edition.cnn.com time to read: +1 min

CNN —Akbar Al Baker is resigning as chief executive of Qatar Airways, marking a sudden end to one of the longest managerial reigns in the world of aviation. Al Baker, who has led the airline since 1997, will step down on Nov. 5. The move was unexpected, and no reason was given by Qatar Airways for his departure. Known as one of the industry’s most outspoken and influential executives, Al Baker is widely credited with transforming Qatar Airways into one of the world’s top airlines. In 2018, Al Baker apologized for making sexist comments at an International Air Transport Association meeting.

Persons: CNN — Akbar Al Baker, Al Baker, Badr Mohammed Al Meer, ” Organizations: CNN, Qatar Airways, Doha Hamad Airport, International Air Transport Association Locations: Doha

Image Palestinians wounded in Ahli Arab Hospital blast were later treated at another hospital in Gaza on Tuesday. Israel said the strike on the hospital parking lot was caused by a misfired Palestinian rocket, citing intelligence intercepts and videos of the sky above Gaza at the time. Al Jazeera, a Qatari news channel, concluded that a Palestinian rocket had been intercepted by an Israeli air defense missile. Scores of public institutions in northern Gaza, including hospitals like the Ahli Arab hospital, were warned by Israel to evacuate. American intelligence agencies have assessed that the blast killed 100 to 300 people.

Persons: Israel, ”, Ghazi Hamad, ” Salama Maroof, “, Abed Khaled, Hamas’s, Daniel Hagari, Musab Al, Umit Turhan, Hagari, Biden, Al Jazeera, Jones, Hamad, “ We’ve, Motasem Mortaja, Fadi Diab, Diab, Father Diab, Associated Press Yousur, Hlou Organizations: Hamas, The New York Times, Sunday, The Times, Arab Hospital, ., Palestinian, Islamic, East . Credit, Agence France, Getty, Wall Street, Associated Press, CNN, Munitions, Armament Research Services, Press, World Health Organization, WHO Locations: Al Ahli, Gaza, Israel, Gaza City, Ahli, Palestinian, Islamic, Istanbul, East, Israeli, London, Al, Qatari, Australia, Cairo

NEW YORK (AP) — Qatar Airways Group chief executive Akbar Al Baker is stepping down after 27 years leading the company. Al Baker's retirement will go into effect Nov. 5, Qatar Airways said Monday. In Monday's announcement, Qatar Airways said that it “has grown to become one of the most recognisable and trusted brands globally” under Al Baker's leadership. During his tenure at Qatar Airways, Al Baker became known for being one of the most outspoken leaders in the airline industry — with a hard-changing, sometimes confrontational approach that carried into negotiations with manufacturers and others. Qatar Airway's earned revenue of $20.9 billion over the fiscal year, up from $14.4 billion the year before.

Persons: Akbar Al Baker, Al Baker's, Badr Mohammed Al, Meer —, Al Baker, ” Organizations: — Qatar Airways Group, Qatar Airways, Hamad International Airport, FIFA, Qatar, Qatar Airway's Locations: Doha, Qatar

Akbar Al Baker, QR Group CEO during the FIFA Legends Event on Dec 11, 2022. He has retired as CEO of Qatar Airways, a source familiar with the matter said on Oct 23, 2023. Qatar Airways could not immediately be reached for comment. Airbus and Qatar Airways settled at the end of January, averting a rare and potentially damaging UK court trial in the jet sector. It was not immediately clear whether Al Baker was retiring from other posts, which include serving as the chief executive of Hamad International Airport and of Qatar Duty Free.

Persons: Akbar Al Baker, Paul Childs, Al Baker, Gulf Badr Mohammed Al Meer, Badr Mohammed Al Meer, Al Baker's, Saad Sherida Al, Kaabi, Alex Macheras, Sheikh Tamim bin Hamid Al Thani, Maha El Dahan, Andrew Mills, Alexander Cornwell, Tim Hepher, Bernadette Baum, Mark Potter, Sharon Singleton Organizations: QR, FIFA, Qatar Airways, REUTERS, DOHA, Reuters, Hamad International Airport, Dubai's, Turkish Airlines, U.S, Airbus, Boeing, Qatar, Qatar Duty Free, Thomson Locations: Gulf, Qatar’s, Dubai's Emirates, East, Berlin, Qatar

☆ Gulf bourses drop amid hawkish Fed tone, Mideast conflict
▼ + stars: | 2023-10-22 | by ( Md Manzer Hussain | ) www.reuters.com time to read: +2 min

REUTERS/Hamad I Mohammed/File photo Acquire Licensing RightsOct 22 (Reuters) - Stock markets in the Gulf fell on Sunday amid warnings of possible further interest rate hikes from the U.S Federal Reserve, and worries of escalation in the Middle East conflict. Monetary policy in the six-member Gulf Cooperation Council (GCC) is usually guided by Fed policy decisions because most regional currencies are pegged to the U.S. dollar. Saudi Arabia's benchmark index (.TASI) was down for a third consecutive session, ending 1.5% lower, with all sectors in the red. Elm Company (7203.SE) dropped 2.3%, while Al Rajhi Bank (1120.SE), the world's largest Islamic bank by assets, slipped 2.1%. The Qatari index (.QSI) fell for a fifth straight session, ending 0.9% lower, with Industries Qatar (IQCD.QA) dropping 2.2% and Qatar Navigation (QNNC.QA) sliding 3%.

Persons: Joe Biden, Hamad I Mohammed, Jerome Powell, Talaat Mostafa, Md Manzer Hussain, David Holmes Organizations: Bahrain Bourse, U.S, REUTERS, Stock, U.S Federal Reserve, Gulf Cooperation Council, U.S ., Elm Company, Al Rajhi Bank, Industries Qatar, Qatar Navigation, Qatar National Bank, Eastern Co, Gaza, Thomson Locations: Bahrain, Manama, Saudi, Israel, Lebanon, Syria

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