Search Site

Trends banner

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

EU seeks closer ties with gas-rich Qatar, opens office in Doha

EU council president Charles Michel talks with Qatari leaders were also to focus on Russia's invasion of Ukraine. (AFP)
  • Qatar is one of the world's top suppliers of liquefied natural gas and growing requests have been made by Germany and other European nations.
  • The EU wants closer ties on "the energy sector, economic development, security challenges", EU council president Charles Michel said.

The European Union opened an office in Qatar on Wednesday in a sign of the Gulf state’s growing influence in solving the international energy crisis.

EU council president Charles Michel was to meet the emir of Qatar, Sheikh Tamim bin Hamad al-Thani, and other top officials in Doha later in the day.

Michel arrived from Algeria where he also discussed supplies of natural gas. Qatar is one of the world’s top suppliers of liquefied natural gas and growing requests have been made by Germany and other European nations.

Michel said his visit was “an important signal of our political will to strengthen ties with Qatar”, as he opened the EU mission.

The EU wants closer ties on “the energy sector, economic development, security challenges”, he told reporters.

Michel’s talks with Qatari leaders were also to focus on Russia’s invasion of Ukraine, which led to the gas shortages now hitting Europe.