Government -Top news

Vodafone Qatar rises to multiple-year high

- (AMEInfo | Finance and Economy) - 19 hours, 41 minutes ago...

The Qatar Exchange 20 Index slipped insignificantly to 8,462.91 points. Shares of the country's second telco operator Vodafone Qatar advanced 0.21% to reach QR9.72. Vodafone Qatar has said the total number of its customers in the country rose 11% in a year to reach 837,233 in March 2012, or 47% of Qatar's population, Gulf Times has reported. The growth has been driven by enhancements to the company's mobile network and the launch of innovative promotions and services such as the 'Swalif' local calling offer and prepaid BlackBerry plans, Vodafone Qatar said. The firm said its financial results for the year ended March 31 will be announced following a board meeting on June 7....

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UAE Federal National Council wants petrol prices reduced

- (Zawya Oil & Gas) - 1 day, 9 hours ago...

A proposal to reduce petrol prices to match other Gulf countries was approved unanimously by the Federal National Council on Tuesday....

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Saudi investors to spend USD390m on 11 solar energy projects in Egypt

- (Zawya Construction) - 1 day, 9 hours ago...

Egypt's Industrial Development Authority (IDA) has agreed with Saudi investors to establish 11 solar energy projects around the Gulf of Suez and the Red Sea worth EGP 2.3 billion (USD 390 million), a senior official told Zawya....

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Saudi Arabia pledges $3.25bn in aid to Al Qaeda-hit Yemen

- (AMEInfo | Finance and Economy) - 1 day, 9 hours ago...

Saudi Arabia, Gulf countries and Western have pledged more than $4bn in aid to Yemen at a Riyadh conference, Reuters has reported. At the Riyadh conference, the world's top oil exporter pledged $3.25bn of a total $4bn in aid. Yemeni finance minister Sakhr al-Wajih said he would be happy if his country achieved economic growth of 1% in 2012, and that even this modest goal relied on foreign generosity. The country is likely to run a $2.5bn budget deficit this year, he added....

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