Qatar Financial News

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge

Qatar Airways Group chief executive Akbar Al Baker is stepping down after 27 years at the helm of the company

Baker will retire and demit the office, ending his 27-year tenure at the helm of Qatar's flag carrier. “Qatar Airways Group confirms after 27 years of remarkable service, Qatar Airways Group Chief Executive - His Excellency Mr.

Qatar Airways from 5 November. Al Meer is currently the Chief Operating Officer of Hamad International Airport at Doha. Akbar Al Baker who has been CEO for 27 years of the Doha-based airline has announced his resignation a little while ago.

Hamas attack on October 7, The Times of Israel reported. In an interview with Radio 103FM, he stated, «Of course I also bear responsibility. I served as prime minister for 12 months.

Times of India quoted Baker as stating in a letter to the carrier's employees. The airline has, till date, expanded itself to a fleet of 248 modern and fuel-efficient aircraft, and is serving at over 160 destinations across the world, he reportedly added.

fires. Civilians have been evacuated and soldiers in helmets guard the junctions. Every hour or so, Hizbullah missiles explode inside the border, and Israel launches a counter-barrage aimed at the Iran-backed militia.

IndiGo and SpiceJet – are listed on the bourses. The plans of GoAir to launch an IPO were cancelled, and the airline has been facing financial issues that have affected its operations since May this year. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Akasa, launched in mid-2022, currently operates over 750 flights per week across 16 routes.

Israel-Hamas War: ‘We’re here for you', Justin Trudeau assures support to Palestinian, Arab, Black Muslims 3. Qatar, which was key to the release of two US citizens abducted by Hamas, is optimistic that talks with the group will “very soon" result in the release of all civilian hostages 4. As many as 100,000 people marched through central London to demand a cease-fire in Israel’s war with Hamas and in support of the Palestinian cause.

JERUSALEM (Reuters) -Israel on Saturday described as «propaganda» a claim by Hamas that the militant group had wanted to release two more hostages on humanitarian grounds but that Israel declined to receive them.

Israel-Hamas war becoming a wider conflict. Egyptian President Abdel-Fattah El-Sisi said he'd agreed with US President Joe Biden that the Rafah crossing should be open “sustainably.” The Israeli Defense Force said it was responding with live fire on Saturday to a number of launches made toward Israel by Lebanon. Lebanon's state-run National News Agency reported earlier that Israel's military struck a village near the countries' border. Switzerland's top prosecutor announced the start of a criminal investigation into alleged payments made to Hamas weeks before the attacks on Israel, the Swiss public broadcaster reported on Saturday. Attorney General Stefan Blaettler said the accusation centers on financial support to a terrorist organization, while declining to say who the proceedings are directed against. Egypt opened its crisis summit in Cairo with the leaders of Italy, Qatar, the United Arab Emirates, Jordan and South Africa among those on hand, as well as senior officials from the EU, Turkey, Russia and China.

Gaza. By the time Israel issued its denial, though, details had ceased to matter. The catastrophe had sparked protests in the West Bank and Jordan, and as far away as Tunisia.

Hamas militants on Friday freed two Americans — a mother and her teenage daughter who had been held hostage in Gaza since militants rampaged through Israel two weeks ago, the Israeli government said. The pair, who also hold Israeli citizenship, were the first hostages to be released, and more than 200 are still being held.

FTX cryptocurrency empire, another reckoning for digital currencies is underway: Governments around the world are intensifying their crackdown on sources of funding for terrorist groups — including crypto — after Hamas’s bloody attack in Israel that claimed more than 1,400 lives and led to retaliatory attacks that have killed thousands. Crypto is a small but deadly slice of overall terrorism funding: Research by analytics firm Elliptic in 2021 estimated that wallets linked to Hamas’ military wing had received more than $7.3 million in crypto, including around $40,000 in Dogecoin, the dog-themed memecoin favored by Elon Musk. These sums aren’t much compared with the $100 million that Iran sends annually to Hamas and other Palestinian terror groups or with Qatar’s $360 million in aid for Gaza, or the approximately $300 million Hamas gets via business taxation and extortion estimated by the Washington Institute’s Matthew Levitt.

British billionaire Jim Ratcliffe is trying to buy a minority stake in Manchester United and that could give him a major say in the running of the underperforming club

Gaza’s al-Ahli hospital on October 17th, which killed hundreds of people. Israel later denied that it was carrying out air strikes in the area; the explosion, it said, was caused by a misfired rocket launched by Islamic Jihad, another militant group in Gaza. By the time Israel issued its denial, though, details had ceased to matter.

Tata Group is weighing putting in $1 billion of fresh capital into its super app venture as the salt-to-software conglomerate seeks to improve the digital business, according to people familiar with the matter. The injection is on top of the $2 billion that Tata Group invested in the venture earlier this year, the people said, asking not to be identified discussing information that is private. Tata Digital Pvt. will receive the new funding in the coming year should a deal proceed, the people said. The conglomerate has asked the digital unit, which runs its flagship online platform Tata Neu, to streamline its operations and fix glitches in the app to make it more user-friendly, according to one of the people.

Secretary of State Antony Blinken says new U.S. sanctions are “directed at Hamas terrorists and their support network," not at Palestinians

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto exchange in Gaza that is involved in Hamas fundraising. 

Rishi Sunak landed in Israel on Thursday, a Reuters witness said, beginning a visit in which he will meet Prime Minister Benjamin Netanyahu and President Isaac Herzog before travelling on to other regional capitals. Sunak will share his condolences for the loss of life in Israel and Gaza as a result of the October 7 attack on Israel by Gaza-based Palestinian Hamas gunmen, his office said, and warn against further escalation of conflict in the region. «Every civilian death is a tragedy.

SYDNEY (Reuters) — Australia will ask its competition watchdog to monitor domestic passenger flights in a bid to boost competition in a sector dominated by national carrier Qantas, which is under scrutiny for alleged anti-competitive behaviour.