Qatar

Growing concern about high rate of unemployment in the Gulf

Growing concern about high rate of unemployment in the Gulf Doha - Experts expressed their concern Thursday in Qatar over the increasing percentage of unemployed in the Gulf states.

Experts, who attended a meeting in Doha entitled Unemployment in the GCC Countries: Towards a Strategy to Reduce the Effects said that unemployment had reached 15 per cent in the Gulf Cooperation Council (GCC) countries.

They expected the number to rise in the coming years, despite the fact that studies say the unemployment rate is still small compared to other countries.

Qatar to buy 20 per cent of local banks to ease liquidity

Qatar MapDoha - Amid the global financial crisis Qatar Investment Authority announced Monday that it is buying between 10 and 20 per cent of the capital of Qatar's native banks listed on the stock market, reported the Qatar-based al-Jazeera TV channel.

The decision came to enhance confidence in the Qatari stock market, noting that it will buy the banks shares at Sunday's closing price.

The announcement came at a meeting attended by the Prime Minister of Qatar, Sheikh Hamad bin Jassem al-Thani, representatives of the banks listed on the Doha Securities Market and the Deputy Governor of the Central Bank.

Early man’s hunting tools in Qatar challenges existing history of the country

Doha (Qatar), September 9 : A team of scientists working in the western region of Qatar has discovered evidence in the form of hunting tools of early man which challenges the existing history of the country and the Southern Arabian region.

According to a report in the Gulf Times, exploring under the patronage of the Qatar Museums Authority (QMA), the scientists found basic hunting tools which they believe date back 700,000 to 800,000 years.

If accurate, the discovery means early man lived in Qatar far earlier than was previously believed.

QMA CEO Abdullah al-Najjar said that this provided a remarkable picture of prehistoric migration.

Iran welcomes agreement to end Lebanon crisis

Iran welcomes agreement to end Lebanon crisisTehran  - Iran welcomed

Lebanese powers agree deal to end political crisis

Doha/Beirut  - Lebanon's rival political powers agreed, under a deal to end an 18-month political standoff, to elect a president and form a national unity government in which the opposition would h

Lebanese rivals reached a deal to end the crisis

Beirut/Doha  - Lebanese rivals have reached an agreement at dawn Wednesday to end the political crisis in Lebanon after five days of talks in Doha and a president is scheduled to be elected either

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