Qatar's government said on Thursday it adopted a new minimum wage law and will scrap mandatory exit visas for all workers, part of a broad labor reform program ahead of its hosting of the 2022 World Cup.
Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA if the opportunity came up - comments which come after Delta Air Lines Inc agreed last month to buy 20% of the Chilean carrier.
Qatar Airways may
convert its 10 orders for the Boeing Co ultra-long-range
777-8 widebody jet to the larger 777-9, depending on the
performance of the 777-9, the Qatari airline's chief executive
said on Thursday.
The marathon and long-distance walking events at next year's Olympics have been moved from Tokyo to Sapporo to avoid a repeat of the recent World Championships in Doha where athletes toiled in searing heat and humidity.
Qatar's stock market rose sharply on
Monday, helped by financial shares, while a surge in Deyaar
Development buoyed the Dubai index, even as most Middle Eastern
stocks were quiet.
In Qatar, the index rose 1.2%, extending its gains
for a third straight day, with Q
A consortium of Royal
Dutch Shell Plc, Chevron Corp and Qatar
Petroleum won oil exploration and production rights in the
C-M-713 block off the coast of Brazil on Thursday, paying the
government a signing bonus of roughly 551 million reais ($133
A consortium of France's
Total SA, Qatar Petroleum and Petronas won the
exploration and production rights for an offshore block near
Brazil's coveted offshore pre-salt region on Thursday, agreeing
to pay the government a signing bonus of 4.029 billion reais
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