The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter said, as the OPEC producer sought substitutes to replace Qatari condensate supplies after a diplomatic row.

The UAE halted condensate imports from Qatar after it, along with Saudi Arabia, Egypt and Bahrain, severed diplomatic and transport ties with Qatar after accusing it of destabilizing regional security, a claim"...

Qatar’s oil and gas sectors, suffering from the fall in energy prices, should help support growth in 2017 with the start of production at the Barzan facility, which would increase liquid gas production by 21 per cent, a report said.

Meanwhile, economy in Qatar is expected to remain resilient in 2017, despite a disappointing GDP growth of 2.7 per cent in the first quarter (QoQ), after a 4.1 per cent growth in the last quarter of 2016, according to the new report from global insurer Coface.

Inflation"...

(ME NewsWire)-- Mitsui Chemicals Inc. (Location: Minato-ku, Tokyo; President & CEO: Tsutomu Tannowa) (TOKYO:4183) announced that Mitsui Chemicals Catalysis Science Award will begin accepting applications for the “2018 Mitsui Chemicals Catalysis Science Award” on September 1st via web site of the company.

Mitsui Chemicals established the Mitsui Chemicals Catalysis Science Award in 2004 with"...

• Revenue of $7.5 billion increased 8% sequentially
• Pretax operating income of $950 million increased 25% sequentially
• GAAP loss per share, including charges of $0.40 per share, was $0.05
• EPS, excluding charges, was $0.35
• Quarterly cash dividend of $0.50 per share was approved

(ME NewsWire)-- Schlumberger Limited (NYSE:SLB) today reported results for the second quarter of 2017.

QNB Group, the largest financial institution in the Middle East and Africa, has recently commenced operations in the city of Mumbai, the economic capital of the Republic of India.

The start of the Group’s operations in the Republic of India comes in support of its vision to become a leading bank in the Middle East, Africa, and Southeast Asia by 2020, in addition to establishing"...

(ME NewsWire)-- SECOND QUARTER HIGHLIGHTS

• Total and base orders grew 3%1; higher orders in all regions
• Revenues up 1%
• Operational EBITA margin2 12.4%, dampened this quarter by commodity prices and some overcapacity
• Net income $525 million
• Cash flow from operating activities $467 million reflects timing of short-term incentive payments
• Net working capital as a percentage of revenues 14.1%, reduced 90 bps on an annual"...

(ME NewsWire)-- The 10th edition of the World Games 2017 will be distributed in Europe jointly by SES and ATM System, the official host broadcaster for the multi-sport event. The international event, taking place in Wroclaw, Poland, from 20 to 30 July 2017, will be transmitted via two SES satellites: SES-4 located at 22 degrees West and ASTRA 3B at 23.5 degrees East.

Under the agreement announced by SES"...

(ME NewsWire)-- Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies (NYSE:MMC), today announced the launch of “Bold Ideas for Mending the Long Term Savings Gap,” which addresses ways to improve the $70 trillion global retirement savings deficit. These ideas are part of Mercer’s ongoing commitment to exploring ways of improving financial security for individuals.

Through"...

(ME NewsWire)-- Panasonic Corporation announced today that it has completed the acquisition of 100% of outstanding shares of Zetes Industries SA and the de-listing of Zetes shares from Euronext Brussels. Zetes is headquartered in Brussels, Belgium and has a market leading position in goods and people identification and mobility solutions in Europe.

This acquisition is an important milestone for Panasonic’s"...