Category: Qatar

Ooredoo A+ rating affirmed

For full coverage of Middle East business, see MEED Fitch Ratings today affirmed Qatar’s leading telecom company Ooredoo’s long-term issuer default rating (IDR) at A+ with a stable outlook. The rating affirmation reflects the continued strength of Ooredoo’s links with…

Qatar launches $9bn Eurobond

For full coverage of Middle East business, see MEED Qatar is selling a triple-tranche Eurobond issue with maturities of five, 10 and 30 years, Bloomberg reported today. In total, it’s the largest Middle East bond issue ever and further evidence…

Qatar cuts health project spending

For full coverage of Middle East business, see MEED Qatar has cut its planned spending on health projects following the drop in oil prices but expenditure on World Cup-related projects should be unchanged, Reuters reported lead adviser for contracts and project management…

Bids in for Al-Shaheen PSA

For full coverage of Middle East business, see MEED Chevron Corporation, Royal Dutch Shell, Total SA, ConocoPhillips and Maersk Oil Qatar have bid for a production sharing agreement  for the offshore Al-Shaheen field, which currently produces 300,000 barrels a day…

Fitch affirms QNB’s rating

Fitch Ratings has affirmed Qatar National Bank’s (QNB’s) long-term issuer default rating (IDR) at AA- with a stable outlook and has placed QNB’s viability rating (VR) of a on rating watch negative (RWN) following QNB’s proposed acquisition of Finansbank. The…