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Players my age usually go to Qatar or China – Ronaldo

Players my age usually go to Qatar or China – Ronaldo

Sports
Media playback is not supported on this device Cristiano Ronaldo says he is "grateful for the opportunity" given to him by Juventus, as players of his age "usually go to Qatar or China".The 33-year-old Portugal forward has joined the Italian champions for £99.2m after nine years at Real Madrid."To come to this club at this stage of my career, I am very happy," he said at his presentation in Turin. Ronaldo also said he hopes to be the "lucky star" as the Italian side attempt to win the Champions League. He added he had not received any other offers.Ronaldo scored ...
Qatar taps into giant Argentinean shale reserve

Qatar taps into giant Argentinean shale reserve

Business
June 4 (UPI) -- Buying an equity stake in the Vaca Muerta shale natural gas basin in Argentina marks a debut in unconventional resources, Qatar Petroleum announced. The state-owned petroleum company in Qatar said it reached an agreement with U.S. supermajor Exxon Mobil to take a 30 percent stake in its operations in Argentina. The arrangement gives Qatar Petroleum access to the Vaca Muerta shale basin, located onshore in the Neuquén basin in Argentina. "This is an important milestone, as it marks Qatar Petroleum's first investment in Argentina as well as its first significant international investment in unconventional oil and gas resources," Saad Sherida al-Kaabi, the company's president and CEO, said in a statement Sunday. Vaca Muerta is considered one of the best shale basins in...
Kongsberg signs long-term vehicle technology deal in Qatar

Kongsberg signs long-term vehicle technology deal in Qatar

Business
March 13 (UPI) -- International technology company Kongsberg signed a long-term technology development program deal with Barzan Holdings for work in Qatar.Kongsberg CEO Geir Håøy and Hamad Al Hajri, Program Director Barzan Holdings, signed the agreement in Doha, Qatar on Tuesday. The contract is potentially valued at more than $ 194.1 billion over an eight year period.The contract will seek to develop new technologies for "communication, digitalization and tower solutions for military vehicles."The technology development program is one of the largest undertakings in Kongsberg's history, the company said."We see considerable opportunities and potential for Norwegian industry and technology development with this establishment," Geir Håøy, President and CEO of Kongsberg, said in a press relea
Barclays Bank charged over Qatar loans

Barclays Bank charged over Qatar loans

Business
The Serious Fraud Office (SFO) has charged Barclays Bank PLC with "unlawful financial assistance" related to billions of pounds raised from Qatar in 2008.The same charges were bought against Barclays PLC in June last year.The move to charge Barclays Bank as well is significant because it holds the banking licence that allows it to operate in different countries.So, if Barclays was found guilty, it could lose that crucial licence.In 2008, to avoid a government bailout, Barclays took a £12bn loan from Qatar Holdings, which is owned by the state of Qatar.Under that deal Barclays loaned £2.3bn back to Qatar Holdings.The SFO alleges that loan was used either directly, or indirectly, to buy shares in Barclays, which the SFO says is "unlawful financial assistance".In response, Barclays said: "Bar
Qatar buys 24 Eurofighter Typhoon jets in £6bn deal

Qatar buys 24 Eurofighter Typhoon jets in £6bn deal

Business
A £6bn deal to sell Eurofighter Typhoons to Qatar will help safeguard thousands of UK jobs.BAE Systems employs about 5,000 people in the UK to build the fighter jets, mainly at Warton in Lancashire.Qatar's purchase of 24 jets includes a support and training package from BAE, with deliveries due to start in 2022.The deal was announced in Doha by Defence Secretary Gavin Williamson and his Qatari counterpart, Khalid bin Mohammed al Attiyah. Mr Williamson said it was a "massive vote of confidence, supporting thousands of British jobs and injecting billions into our economy".BAE chief executive Charles Woodburn said the contract, worth £5bn to the company, was the start of a long-term relationship with Qatar and its armed forces. "This agreement is a strong endorsement of Typhoon's leading capa