DUBAI Qatar Investment Authority, one of the world's most aggressive sovereign wealth funds, will set asset allocation targets for the first time and restructure internal decision-making, sources say, in response to a drop in oil prices that has crimped available funds as competition for assets grows. In a cryptic reference on QIA's website, a tab saying 'QIA Review - Coming Soon' leads to a page which does not yet exist. The sources, who all either work in Qatar or for foreign institutions which work with the QIA, said the review process was currently ongoing. They spoke on condition of anonymity as they did not want to jeopardize working links with the secretive fund. A spokesman for the...
Exclusive: Qatar's secretive sovereign fund to restructure
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Ooredoo Celebrates Multiple Award Wins in Asia (Ooredoo QSC)
(Source: Ooredoo QSC) 15/06/2015 'maymay', Myanmar's Mobile Maternal Healthcare App, Achieves Success Across the Board Doha, Qatar Ooredoo was awarded a series of wins in the recent GTB Innovation, Telecom Asia, Asia Communication Awards and Asia Pacific Stevie Awards held in London, Jakarta, Singapore and Shanghai respectively. Ooredoo was singled out as having achieved particular success in the Asia Communication Awards as the only entrant to be recognised in three categories. The honours, listed below, are tremendous recognition of the innovative, community-focused solutions Ooredoo is bringing to people in Myanmar and, along with group member Indosat, Indonesia. The initiatives were each...
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Qatar’s secretive sovereign fund to restructure, set asset allocation targets
Qatar Investment Authority, one of the world’s most aggressive sovereign wealth funds, will set asset allocation targets for the first time and restructure internal decision-making, sources say, in response to a drop in oil prices that has crimped available funds as competition for assets grows. In a cryptic reference on QIA’s website, a tab saying ’QIA Review - Coming Soon’ leads to a page which does not yet exist. The sources, who all either work in Qatar or for foreign institutions which work with the QIA, said the review process was currently ongoing. They spoke on condition of anonymity as they did not want to jeopardise working links with the secretive fund. A spokesman for the...
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EXCLUSIVE - Qatar's secretive sovereign fund to restructure, say sources
By David French DUBAI (Reuters) - Qatar Investment Authority, one of the world's most aggressive sovereign wealth funds, will set asset allocation targets for the first time and restructure internal decision-making, sources say, in response to a drop in oil prices that has crimped available funds as competition for assets grows. In a cryptic reference on QIA's website, a tab saying 'QIA Review - Coming Soon' leads to a page which does not yet exist. The sources, who all either work in Qatar or for foreign institutions which work with the QIA, said the review process was currently ongoing. They spoke on condition of anonymity as they did not want to jeopardise working links with the secretive...
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Akamai Opens Dubai Office to Support its Growing Middle East Business (Akamai Technologies Inc)
(Source: Akamai Technologies Inc) Akamai Opens Dubai Office to Support its Growing Middle East Business Akamai Contacts: Karine Gourdon-Keller Media Relations +49 89 94006-312 kgourdon@akamai.com -or- Jeff Young Media Relations +1 617-444-3913 jyoung@akamai.com Dubai, United Arab Emirates - June 14, 2015 - Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, today announced that it has opened a Dubai office to support its rapidly growing business in the region. With established customers in the territory including media...
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This $16-billion airport helped Qatar Airways become the best in the world
Qatar Airways has been named the Best Airline in the World for 2015 by leading aviation consumer website Skytrax. However, the...
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ILO Condemnation of Qatar Likely to Have Ripple Effects
The International Labour Organization (ILO) has dealt a blow to Qatari assertions that the Gulf state complies with global standards for workers in a report that condemned the government for allowing state-owned Qatar Airways in the words of the International Transport Workers' Federation (ITF) to "violate international and national agreements and institutionalize discrimination." The report comes at a time that Qatar's hosting of the 2022 World Cup is under increased scrutiny as a result of the corruption scandal that has rocked world soccer body FIFA and mounting criticism of Qatar's failure to make good on promises to improve the working and living standards of migrant workers who...
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Ooredoo Celebrates Multiple Award Wins in Asia 'maymay', Myanmar's Mobile Maternal Healthcare App, Achieves Success Across the Board
DOHA, Qatar, June 16, 2015 /PRNewswire/ -- Ooredoo was awarded a series of wins in the recent GTB Innovation, Telecom Asia, Asia Communication Awards and Asia Pacific Stevie Awards held in London, Jakarta, Singapore and Shanghai respectively. Ooredoo was singled out as having achieved particular success in the Asia Communication Awards as the only entrant to be recognised in three categories. The honours, listed below, are tremendous recognition of the innovative, community-focused solutions Ooredoo is bringing to people in Myanmar and, along with group member Indosat, Indonesia. The initiatives were each recognised for the practical solutions they provide to real challenges faced by...
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Multi award-winning Qatar Airways wins 'Airline of the Year' honour at 2015 Skytrax Airline Awards
Group Chief Executive of Qatar Airways, His Excellency Mr. Akbar Al Baker Picks Up Three Top Awards at The Paris Air Show Qatar Airways Named 'Airline of the Year', Receiving The Coveted Accolade For The Third Time Awards Are A Recognition Of The Entire Airline's Commitment To Its Passengers LE BOURGET, FRANCE, June 16, 2015 /CNW/ - Qatar Airways has been honoured with three of the top aviation accolades at the annual Skytrax World Airline Awards, winning Airline of the Year for a third time – a major accomplishment for an airline to reach multiple times. The highest ranking in the annual Skytrax awards category, Airline of the Year is a testament to the commitment and dedication to service...
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Qatar top airline, Air NZ best premium economy in awards
Doha-based Qatar Airways has won top airline at the Skytrax awards for the third time in five years. Photo / Getty Air New Zealand, which is 17th in the overall ranking, made a clean sweep in the Premium Economy Class section - taking the top prizes for seat and catering./p...
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Ngurah Rai Airport's WiFi among fastest in world
Believe it or not, the WiFi connection at Ngurah Rai International Airport in Bali, Indonesia is among the fastest in the world, according to a...
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Soekarno-Hatta’s WiFi among fastest in world
Believe it or not, the WiFi connection at Soekarno-Hatta International Airport in Jakarta is among the fastest in the world, according to a...
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Ooredoo to Launch Third Cycle of the Arab Mobile Challenge (Ooredoo QSC)
(Source: Ooredoo QSC) 17/06/2015 New Challenge Provides More Opportunities for Youth across the Arab World to Demonstrate Innovation and Entrepreneurial Spirit Doha, Qatar Ooredoo today announced that it will extend its support for the Arab Mobile Challenge, which has already completed two successful cycles and has now kicked off its third cycle for 2015-2016. Originally launched in 2013 as a pilot programme covering five countries, the Arab Mobile Challenge, co-founded by Ooredoo, welcomed nearly 700 regional teams from 14 Arab countries in 2014. The Global Mobile App Challenge enables teams of up to six members under the age of 35 to develop mobile apps designed to make an impact in the...
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Qatar denies deaths of Indian, Nepali workers
Doha, June 03: Terming recent media reports "untrue", the government of Qatar, which will host the 2022 FIFA World Cup, in a statement denied that Indian and Nepali workers' have died during construction work and said that not a single life has...
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06/17/2015 Qatar Airways Selects CFM56-5B to power A320ceos (SNECMA SA)
(Source: SNECMA SA) • Becomes CFM's newest customer LE BOURGET - 17 June 2015 - Doha-based Qatar Airways has selected CFM International's CFM56-5B engines to power eight new Airbus A320ceo (current engine option) aircraft. The firm engine order is valued at $174 million U.S. at list price and the airline began taking delivery earlier in 2015. "We are obviously...
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Qatar Airways Selects CFM56-5B to power A320ceos (GE Aviation Systems North America Inc)
(Source: GE Aviation Systems North America Inc) Qatar Airways Selects CFM56-5B to power A320ceos 6.17.2015 The CFM56-5B production line at Snecma facilities in Villaroche, France. CFM continues to see record production rates for the CFM56 family, which is expected to peak at nearly 1,700 engine sin 2016 • Becomes CFM's newest customer LE BOURGET - 17 June 2015 - Doha-based Qatar Airways has selected CFM International's CFM56-5B engines to power eight new Airbus...
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Qatar says 'prejudice and racism' behind criticism of 2022 World Cup
Qatar said on Wednesday there was no way it would be stripped of the right to host the World Cup despite the corruption scandal surrounding FIFA, dismissing a "bashing campaign" of criticism of its 2022 bid as anti-Arab prejudice. Foreign Minister Khaled al-Attiyah said Qatar would one day show "who is behind this campaign against Qatar," suggesting the country was being unfairly targeted over allegations of graft in the vote that won it the Cup, and of abuse of migrant workers. "It is very difficult for some to digest that an Arab Islamic country has this tournament, as if this right can't be for an Arab state," he told Reuters in an interview in Paris a day...
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QNB, Vodafone partner to offer exclusive RED plan to QNB First Members Read More... (QNB - Qatar National Bank SAQ)
(Source: QNB - Qatar National Bank SAQ) Doha, 18 June 2015 -QNB, "One of the World's Strongest Banks", has partnered with Vodafone to offer QNB First members an exclusive Vodafone RED plan. This step strongly highlights QNB's commitment to providing its customers with the best products and lifestyle rewards across its network of operations, partnering with market leaders in constantly upgrading its offering. Standing for providing a...
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Qatar Airways Brings 5-Star Dining To JFK "World's Best Airline" Celebrates with Unique Airplane Dinner Showcases "World's Best Business Class Seat"
NEW YORK, June 19, 2015 /PRNewswire/ -- Last night, Qatar Airways invited a select group of media guests to enjoy a 5-star dining experience on-board a Qatar Airways Boeing 777-300ER — all while parked on the tarmac of John F. Kennedy International Airport. New York City's food, travel, and lifestyle journalists came to savor an award-winning culinary menu and celebrate Qatar Airways having been named "Airline of the Year" by Skytrax this week. Guests dined in the award-winning business class cabin, where they ordered from a diverse, a-la-carte menu — featuring dishes by...
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Gulf nations slam 'hateful campaign' against Qatar 2022 World Cup
A demonstrator holds a placard critical of Qatar's policies. Photo: Andy Buchanan Foreign ministers from the Gulf states on Thursday hit out at the "hateful campaign" directed against Qatar's controversial hosting of the 2022 World Cup. In a strongly worded statement following a meeting of Gulf Cooperation Council (GCC) foreign ministers in the Saudi Arabian capital Riyadh, Qatar's neighbours...
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