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QNB gets go-ahead to open branch in India

  Reuters Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region’s largest lender said on Sunday. The bank, which in June completed the 2.7 billion euro purchase of Turkey’s Finansbank, has a presence in more than 30 countries across Europe, the Middle East, Africa and Asia. In a statement, ...

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Barzan gas project to start in November

  Reuters Qatar will begin operations at its Barzan gas project in November, two people close to the matter told Reuters on Sunday, as the Gulf state strives to meet rising domestic energy demand as it prepares to host the soccer World Cup in 2022. The $10 billion project, a RasGas-operated joint venture between Qatar Petroleum and Exxon Mobil, was ...

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Egypt wheat ban fuels confusion

  Bloomberg Egypt will no longer accept imported wheat containing any traces of the ergot fungus, the Agriculture Ministry said, sowing fresh regulatory confusion that has hampered shipments to the world’s biggest buyer of the grain. The new ruling runs counter to a less restrictive policy by the Supply Ministry allowing for shipments containing as much as 0.05 percent ergot ...

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