The Middle East

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The announcement this week that Qatar-based satellite news channel al-Jazeera is among the world's top five brand names could not have come at a better time for the controversial broadcaster.
In a recent exclusive interview, Yousef bin Hussain Kamal, Minister of Finance of the State of Qatar, spoke to OBG about the plans being hatched to channel profits from the oil and gas industry into diversifying the Qatari economy.
The Turkish railway authorities' hopes of beginning 2005 with a clean slate after last year's rail disasters proved short lived last week, with the derailment of a freight train just 200 metres from Ankara's mainline station.
The statement this week by the Algerian Energy and Mines minister that he expected the long-awaited energy liberalisation law to be passed soon by parliament heralded the beginning of a new era for Algeria's prominent oil and gas sector.
The launch of the Qatar Gas Transport Company's IPO this week provoked a mad rush for subscription forms across country.
News that a new mortgage law may be on the way to the statute books was widely welcomed this week, as property analysts and macroeconomists alike forecast a highly positive future, if and when the reform comes into place.

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