Page 36 - Qa News Today

Qatar Petroleum changed its name to Qatar Energy to better signal a new strategy that focuses on energy efficiency and environmentally-friendly technology such as capturing and storing carbon dioxide, its chief executive said on Monday.

Dubai's stock market ended higher on Wednesday, outperforming its Gulf peers, led by a surge in logistic firm Aramex, while the Saudi index extended gains a day after hitting a 15-year peak.

Qatar, the world's top exporter of liquefied natural gas, has created a new ministry for the environment and climate change under a government reshuffle announced on Tuesday by the emir of the Gulf state.

Saudi stocks scaled a more than 15-year high on Tuesday, rising for a fifth session in six and leading gains in the Gulf as crude oil prices reversed earlier losses.

Saudi Arabia closed at a more than 15-year high on Tuesday as crude prices resumed gains, while the Egyptian bourse retreated as investors booked profits following a recent rally.

Mercedes has announced a new kind of subscription service in Germany. Unlike previous packages that just focused on a vehicle, this one works with a flat fee and also includes an e-Bike that customers can use as they please. Moreover, there is even monthly credit for charging the vehicle, an EQA 250

British foreign minister Liz Truss will travel to Saudi Arabia and Qatar this week, seeking to further the case for a trade deal with Gulf countries and deepen diplomatic ties.

Most major stock markets in the Gulf rose in early trade on Monday with higher oil prices, while the Saudi index retreated, threatening to end a four-day winning streak.

Most stock markets in the Gulf ended higher on Monday, mirroring strong oil prices, although the Saudi index snapped a four-day winning streak on profit taking.

British Prime Minister Boris Johnson will lead tributes on Monday to David Amess, the veteran lawmaker stabbed to death while meeting constituency voters, as police questioned a man for what they say could have been a terrorist attack.