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  • Qatar Investment Bank Says Polish Shipyard Sale Still... (DJ)
    DOHA (AFP)--Qatar's largest investment bank on Saturday denied it had bought two Polish shipyards, explaining that it was acting as an advisor to a potential buyer in a deal that has still not been completed. On Tuesday, Polish Treasury Minister
  • Qatar's Nakilat: Four ships named in South Korea
    (MENAFN - The Peninsula) Four of the world's largest LNG carriers were named at a ceremony held at Daewoo Shipbuilding and Marine Engineering Company's shipyard on Geoje Island in South Korea. The first ship, Al Khattiya, was named by Sara Bailouni,
  • Poland woos investors in Gulf region
    WARSAW - After striking a long-term gas supply deal with energy-rich Qatar and selling two shipyards to a fund from the Gulf state, Poland is looking to became an EU hub for Mideast investors. With the ink barely dry on a 20-year liquefied natural gas
  • Storybooks donated to Japan School of Doha
    DOHA: Japanese Ambassador Yukio Kitazume handed over 50 Japanese storybooks to students of Japan School of Doha (JSD) during his visit to the school yesterday. The books were English versions of a selection of stories for children by Japanese and other
  • South African businessman admits he defrauded Barwa
    JOHANNESBURG: A South African businessman accused of orchestrating a 15bn rand ($1.93bn) fraud has admitted to forging documents to deceive Qatar's Barwa Real Estate, a source close to the matter said yesterday. The source, who asked not to be named,
  • S.Africa's Tannenbaum says defrauded Barwa: source
    By Rebecca Harrison JOHANNESBURG (Reuters) - A South African businessman accused of orchestrating a 15 billion rand fraud has admitted to forging documents to deceive Qatar's Barwa Real Estate, a source close to the matter said on Thursday. The source,
  • Qatar takes over Polish shipyards
    The Polish Treasury Minister Aleksander Grad has named QInvest, Qatar's largest investment bank, as the buyer of two state-owned shipyards which had faced bankruptcy amid a long-running row with the European Union over illegal state aid. The Qatar
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Ruled by the Al Thani family since the mid-1800s, Qatar transformed itself from a poor British protectorate noted mainly for pearling into an independent state with significant oil and natural gas revenues. During the late 1980s and early 1990s, the Qatari economy was crippled by a continuous siphoning off of petroleum revenues by the amir who had ruled the country since 1972. He was overthrown by his son, the current Amir HAMAD bin Khalifa Al Thani, in a bloodless coup in 1995. In 2001, Qatar resolved its longstanding border disputes with both Bahrain and Saudi Arabia. Oil and natural gas revenues enable Qatar to have a per capita income not far below the leading industrial countries of Western Europe.

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