Qatar Charters MSC Cruise Ships for 2022 FIFA World Cup

Qatar has signed an agreement with MSC Cruises to charter two cruise ships to operate as floating hotels for fans during the 2022 FIFA World Cup. Under the terms of the agreement, the State of Qatar will charter the two cruise ships, MSC Europa and MSC Poesia, which will be berthed in Doha Port, Qatar beginning beginning in November 2022. MSC Europa is currently under … [Read more...]

UAE Eases Qatar Shipping Ban Amid Continuing Dispute

By Alexander Cornwell, Lisa Barrington and Eric Knecht DUBAI/DOHA, Feb 20 (Reuters) - The United Arab Emirates has eased a ban on the shipping of goods between it and Qatar enforced under a political and economic boycott of Doha, according to port circulars and an industry source. The UAE, Saudi Arabia, Egypt and Bahrain severed diplomatic, trade and transport ties with … [Read more...]

Qatar to Leave OPEC to Focus On Gas

By Eric Knecht DOHA, Dec 3 (Reuters) - Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group's de facto leader Saudi Arabia and marring efforts to show unity before this week's meeting of exporters to tackle an oil price slide. Doha, one of OPEC's smallest oil producers but the world's biggest liquefied natural … [Read more...]

Qatar Said to See $40 Billion Income Gain From Gas Expansion

By Mohammed Aly Sergie (Bloomberg) -- Qatar will generate $40 billion in additional export revenue once it completes its natural gas expansion project in 2024, according to a person with direct knowledge of the matter. Rising income from sales of liquefied natural gas will leave the government with a budget surplus of about $44 billion in 2024, with the bulk of the … [Read more...]