 | Qatar plans to spend
$49 billion in 2012-13 QATAR plans to boost government
spending by 27 percent in
the fiscal year that began in
April, including wages, social
services and infrastructure, but
it expects to see a comfortable
surplus, state news agency QNA
...
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| | QE firms urged to improve information standards | QATAR EXCHANGE CEO Andre
Went on Tuesday called upon the
listed companies to improve the
standards of the information
regarding their respective companies
in the market. He was
speaking at the third annual
Investors Relation Interactive
Workshop, in Doha, on Tuesday.
Went said, "Conditions in
global equity markets are challenging.
Both retail and institutional
investors become very
careful while choosing the company
they want to invest in.
"It is in this environment that
companies who are competing
for capital are also competing
for the attention of the investor
base. Sound communication
skills and the desire to go further
than the ... | | | Repsol to invest $24bn to
develop, explore oil wells | SPANISH oil giant Repsol
said on Tuesday it plans to
invest 19.1 billion euros ($24
billion) over the next four
years, mostly to develop
recently discovered wells and
in new explorations.
"Nearly 80 percent of the
investments of the group are
destined for upstream, which
is the growth motor of the
group," it said in a statement
to outline its strategic plan for
2012-16.
It is the first plan released
by the company since
Argentine President Cristina
Kirchner on May 4 signed a
bill nationalising oil and gas
producer YPF, which Repsol
had controlled with 51 percent
stake.
Repsol said it had identified
ten "key growth projects" for
its investments in 2012-16 in
Algeria, Brazil... | | | Tata Motors´ Q4 net jumps 139%
on Jaguar Land Rover sale boost |
TATA Motors capped a
bumper fiscal year with a 139
percent rise in quarterly net
profit, boosted by exceptional
items and as emerging market
demand for its Jaguar
Land Rover (JLR) vehicles
offset lacklustre performance
at its core domestic business.
JLR´s growth in overseas
markets - it sells imports in
India and recently began
assembling some Land Rover
models there - has helped
insulate Tata from a sluggish
domestic car market which
grew just 2.2 percent in the
last fiscal year.
The British luxury brands,
which Tata bought for $2.3
billion in 2008, brought in
over 95 percent of the carmaker´s
profit in the quarter
to March 31, as new models
and increased ... | |
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