Page 32 - Qa News Today

Saudi Arabia's stock market fell sharply in early trade on Sunday, a day after Yemen's Iran-aligned Houthis said they had fired 14 drones at several Saudi Arabian cities, including at Saudi Aramco facilities in Jeddah.

Formula One stewards handed a five-place grid drop to Red Bull's championship leader Max Verstappen at the Qatar Grand Prix on Sunday in a blow to his hopes of beating title rival Lewis Hamilton in the race.

Fernando Alonso had feared he might never stand on a Formula One podium again until the inaugural Qatar Grand Prix ended a record seven-year wait on Sunday and saw the double world champion hailed as driver of the day.

The British government has approached Qatar to seek a long-term gas deal and shore up supplies as a natural gas shortage in Europe has led to soaring wholesale prices, the Financial Times reported on Friday.

Middle East crude benchmarks Oman and Dubai held firm on Friday as traders look ahead to Saudi Arabia's official selling prices due this weekend for market direction.

Scotland defender Kieran Tierney could be fit to face Moldova and Denmark in this month's World Cup qualifiers, coach Steve Clarke said.

Dubai's stock market advanced on Wednesday, a session after the index registered sharp gains following its plans to launch a multi-billion dirham market-maker fund, while the Saudi benchmark retreated amid falling oil prices.

Qatar and Rolls-Royce will team up in a multi-billion pound project to develop and invest in green technology start-ups in the UK and the Gulf Arab state which they hope will reach "unicorn" status as worth more than $1 billion.

Dubai's stock market registered sharp gains on Tuesday, reaching its highest since June 2018, as the emirate laid out plans to launch a multi-billion dirham market-maker fund.

Lebanon's foreign minister said Saudi Arabia was dictating impossible terms by asking the government to reduce the role of Iran-backed Hezbollah, adding Beirut's row with Riyadhcould be resolved if the kingdom agreed to a dialogue with the new Lebanese cabinet.