Word: qatar
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...haven that loses its seductive charms, there's another working hard to woo the rich. Dubai, which has been dubbed the Switzerland of the gulf, has spent billions creating zones where foreigners can set up and invest in companies free from corporate tax. And other gulf states like Qatar and Oman are following Dubai's lead by making their own tax regimes more foreigner-friendly...
...initiatives. Noor unveiled a $100 million media fund whose purpose is "to support the production and distribution of films that entertain as well as enlighten - films that will enhance the connections that already exist between different societies, but are seldom noted on screen and in popular culture." And Qatar princess Sheika Moza bint Nasser-el-Missned announced a multimilli-dollar investment in Silatech, a global initiative designed to help youth around the world find meaningful employment...
...QATAR...
...everyone. The deal highlights the competition among the cash-rich gulf states for clout and glory. As Dubai was finalizing its plans to buy OMX and trade it for 20% of NASDAQ, Qatar suddenly triggered a potential new bidding war by swooping up a nearly 10% share of the Nordic exchange. There may be room for more than one financial center in the region. Yet Dubai and Qatar seem bent on a showdown, with Dubai betting on its venture with the Americans and Qatar with the Europeans. "Both of them," one banker tells Time, "think there can only...
...these guys, anyway? Dubai's Sheik Mohammed bin Rashid al-Maktoum, Qatar's Sheik Hamad bin Khalifa al-Thani and Abu Dhabi's Sheik Khalifa bin Zayed al-Nahayan are sons of gulf royalty. But these are not their fathers' investments. Gulf money 20 years ago was being sunk into safe-bet, low-yield U.S. Treasury bonds--or the arms bazaar. Some recent deals--Dubai's brief holdings in DaimlerChrysler and Madame Tussauds, for example--have been opportunistic. But Dubai's bid for NASDAQ is part of a vision for positioning the city-state as a world-class business center...