Two Deals for Joint Projects Signed with Turkish Firms

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Two Deals for Joint Projects Signed with Turkish Firms BUSINESS | Page 1 SPORT | Page 1 Gatlin stuns Bolt to win INDEX DOW JONES QE NYMEX QATAR 2-6, 20 COMMENT 18, 19 100m REGION 7 BUSINESS 1–5, 14-16 QNB analyses drivers 22,017.00 9,313.49 49.58 ARAB WORLD 7 CLASSIFIED 6-13 +43.00 -156.10 +0.55 INTERNATIONAL 8–17 SPORTS 1–8 behind oil recovery world title +0.20% -1.65% +1.12% Latest Figures published in QATAR since 1978 SUNDAY Vol. XXXVIII No. 10537 August 6, 2017 Dhul-Qa’da 14, 1438 AH GULF TIMES www. gulf-times.com 2 Riyals Minister attends Rouhani’s inauguration Two deals for In brief joint projects QATAR | Transport Ashghal opens Kheesa signed with Interchange to traffi c As part of the North Road Corridor Enhancement project, the Public Works Authority, Ashghal, opened Al Kheesa Interchange to traff ic. Turkish fi rms The reconstruction of Al Kheesa Interchange will bring higher Qatar-Turkey trade key, and forging possible alliances capacity and more streamlined volume reached $600mn between businessmen and companies traff ic for the adjacent residential from both sides. areas, particularly, Al Kheesa and in the first half of this year The volume of trade exchange be- Umm Slal, which are connected Turkey considering tween the two countries reached with nearby expressways and alternative land trade $600mn in the fi rst half of this year, businesses, as well as provide routes with Qatar while the Turkish exports to Qatar in- alternative accesses and exits for creased by 51.5% in June compared to Al Shamal Road. The upgrade of Al the previous month, recording a value Kheesa Interchange incorporated QNA of $53.5mn. Food products, fruits, veg- two new flyovers: one considered as HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani attended the swearing-in Doha etables, and water topped the list of the longest overpass on Al Shamal ceremony of Iranian President Hassan Rouhani in Tehran yesterday. The inauguration of the new president was attended by a Turkish exports. Road with a length of about 700m number of heads of state and government representatives invited by Iran. On the sidelines of the visit, the minister reviewed Ankara, Doha and Tehran hope to and three lanes, heading from Al bilateral relations with Dr Ricardo Menendez, Vice-President of Venezuela for Planning and Knowledge. They also discussed ways atari and Turkish companies reach a tripartite agreement on trans- Kheesa to Doha and another 170m to enhance co-operation, in particular in the commercial, economic and investment fields, a statement issued by the Ministry of have recently signed two agree- porting Turkish products to Qatar in a long with two lanes, heading from Commerce said. Page 7 Qments to start the implementa- practical and cost-eff ective way, Turk- Doha to Al Kheesa. Page 2 tion of joint projects, Qatar Chamber ish Economy Minister Nihat Zeybekci announced in a statement. has said. QATAR | Environment The agreements were signed on “We’re thinking about alterna- the sidelines of a visit by a Qatari tives for land trade routes with Qatar,” Aspetar’s upgraded delegation to the Turkish city of Iz- Zeybekci told Anadolu Agency adding acclimatisation facility mir. The visit, which included meet- that the easiest way is passing through Aspetar announced yesterday that ings with their Turkish counter- Iran. it launched its upgraded artificial Landmark permanent parts, “yielded positive results,” the He pointed that using cargo planes to altitude acclimatisation facility. statement said. carry Turkish products to Doha was not The facility is now the first fully- Qatar Chamber board member Mo- sustainable. integrated dormitory in the world, hamed Mehdi al-Ahbabi said impor- “Shipment by sea will gain impor- enabling teams to benefit from tant agreements and partnerships were tance. We foresee that at least four advanced high altitude recovery residency plan lauded concluded between businessmen from large tonnage ships would go to Qatar practices in a highly comfortable both sides during the two-day visit. monthly but the land route is an alter- environment. The state-of-the-art atar’s plans to allow some ex- Qatar’s economy, competence and pro- Al-Ahbabi underscored the impor- native for carrying fl exible and smaller facility houses 25 bedrooms for patriates to obtain permanent ductivity, driven by a better talent pool. A wise initiative tance of increasing trade exchange with packages,” Zeybekci added noting that single and double occupancy as Qresidency in the country - the They say it is a landmark legisla- Turkey and the strengthening of part- the easiest option is sending these well as two spacious common living fi rst move of its kind in the GCC region tion with the potential to ultimately nerships between the private sector of packages through Iran. areas, each with capacity to allow - have been hailed by residents, saying transform the national economy by both the countries for the implementa- Meanwhile, Qatar Chamber said it 8-10 people to relax in comfort. it will further contribute to its fast- granting permanent residency to tion of joint-industrial and productive will participate in a seminar on invest- Both the bedrooms and living areas paced economic growth. some of the foreigners who form a projects. ment to be held in the United Kingdom are capable of creating an artificial A draft law approved at a Cabinet sizeable number in the population. He said the Qatari delegation also on Thursday. environment equivalent to 5,500m meeting will allow permanent resi- Philippine Business Council – Qa- toured a number of Turkish factories They will discuss issues related to in altitude, double the performance dence to the children of Qatari women tar chairman Greg Loayon said: “The and companies during the visit follow- investment, commerce, taxation, in- of the previous system and slightly married to non-Qataris, as well as granting of permanent residency is a ing the Turkish-Qatari meeting held frastructure, fi nancial investments, more than Base Camp on the South expatriates who provide outstand- great testament to Qatar’s recognition last Thursday in Izmir. small and medium enterprises. side of Mount Everest. Page 6 ing services to Qatar, the Qatar News of the people’s contribution towards Al-Ahbabi said the visit was the re- London and Partners is holding the Agency reported recently. its economy and society, and will serve sult of the joint co-operation between seminar in co-operation with the De- LATIN AMERICA | Politics “According to the provisions of the to cement this relationship and inte- Shahzad Ahmad, Pakistan Qatar and Turkey “in all fi elds.” partment for International Trade at bill, the minister of interior may grant gration as the country works towards ambassador to Qatar Qatar Chamber said it had organ- the British Secretary of State for For- Venezuela assembly permanent residency IDs to non-Qa- achieving its long term vision.” ised the visit in response to an invi- eign Aff airs, and the UK embassy in fi res attorney general taris if they meet the conditions speci- Prominent Doha-based Indian en- On behalf of myself and the tation from the Turkish Ministry of Doha. A new assembly loyal to President fi ed in the law,” the Cabinet statement trepreneur and former chairman of Pakistani community, I would like to Economy and the Turkish Exporters’ The seminar will take place at the Nicolas Maduro fired Venezuela’s carried by the agency said. Birla Public School - Qatar, C V Rappai congratulate His Highness the Emir Assembly. The meetings were aimed headquarters of London and Partners, attorney general, a vociferous Holders of the new permanent resi- said Qatar’s recent decision to consider Sheikh Tamim bin Hamad al-Thani for at enhancing trade relations between located in London. A number of British critic, in its first working session dency can for the fi rst time access free expatriates for permanent residency in this wise initiative and a first in the the two countries, reviewing invest- offi cials and experts will speak during yesterday, bolstering criticism it is state education and healthcare. They the country would further contribute GCC, which shows the inclusive and ment opportunities in Qatar and Tur- the event. Page 20 acting to support a “dictatorship.” will also have the right to own prop- to national economic development. caring society that he wishes to build. The body, the Constituent erty and run some businesses without K R Girish Kumar, former president This new law will reinforce the fabric Assembly, made the sacking its needing a Qatari partner. of Indian Cultural Centre (ICC) said: and cohesion of all communities first order of business since a The move has been widely welcomed “The permanent residency initiative is in Qatar and have a significant and widely condemned election a as a unique decision which will help in a highly remarkable one, a great move positive impact on its economy, as week ago. It also said the ousted retaining skilled migrants required to and a thoughtful decision from the expatriates become real stakeholders Qatar minister in Croatian meetings chief prosecutor, Luisa Ortega, will achieve Qatar National Vision 2030. “It country’s wise leadership. I congratu- in the prosperity of Qatar. face trial for “irregularities” while is sure to create a very positive image late and thank His Highness the Emir roatian President Kolinda State for Foreign Aff airs HE Sultan bin in office. “This is not a personal, for the State of Qatar in the world com- for this historic move.” Grabar-Kitarovic and Deputy Saad al-Muraikhi, who is currently vis- political lynching, just carrying out munity,” all respondents to Gulf Times QNA said a committee would be provisions of the law.
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