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Page 01 Oct 26.Indd ISO 9001:2008 CERTIFIED NEWSPAPER Home | 2 Business | 21 Sport | 31 Two-day Masraf Al Rayan QSL: Al Rayyan Global profit up emerge as Education Fair 6.14pc to hit real title from tomorrow. QR1.5bn. contenders. MONDAY 26 OCTOBER 2015 • 12 Muharram 1437 • Volume 20 Number 6595 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 PM opens First Gulf Economic Forum Ministry recalls Qatar has edge in iPhone 6 Plus DOHA: The Ministry of Economy and Commerce has recalled iPhone 6 Plus smartphones because of a defective global gas market camera that may take fuzzy pictures. The ministry said owners can check if their phone is included in the recall by Huge LNG fleet an added advantage entering a serial number on this webi- ste: www.apple.com/support/iphone6plus- By Satish Kanady However, gas reserves in Qatar fell 0.6 isightcamera. percent in 2014 as a result of extraction The recall comes within the framework DOHA: With a lowest production cost policies and a state-imposed ban on fur- of ongoing coordination and follow-up by and a most effective logistic network, ther gas exploration and development in the ministry to ascertain that dealers fol- Qatar has a competitive edge in the Qatar’s North Field, where most of its low up defects and repair them to make increasingly competitive global gas mar- reserves are located. sure that consumers’ rights are protected. ket. Qatar’s natural gas and LNG can be Qatar needs to take bold and consist- The ministry will coordinate with the produced at about $2 per million British ent strategy in order to reinforce its lead- dealers to follow up maintenance and thermal units(BTU) as opposed to the ing position in a rather fluid market. It repair operations. It urged consumers to $8-$12 prices in the US, Australia and is time for Qatar to start renegotiating report any abuses or irregularities by com- East Africa. its offtake agreements. In terms of Asia, municating with the Department of Con- An effective logistic networks is its principal long term agreement start sumer Protection and Commercial Fraud another advantage Qatar has in the glo- to come to an end in the early 2020s. Combat which will receive complaints, sug- bal gas market. The country commands a As many as ten Qatari contracts with gestions and inquiries through its commu- huge fleet of LNG carriers run by Royal Japanese buyers will come to an end in Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani nication channels. Dutch Shell. 2021, and substantial supply contracts addressing the First Gulf Economic Forum at Doha Sheraton Hotel yesterday. QNA The extent of the fleet effectively with South Korea end in 2023. However, Report on page 2 raises a barrier to entry to new suppli- if current pricing remains a chronic fea- ers. Natural gas, when chilled to minus ture of the markets, as with India, Qatar 260 degrees, turns into a liquid that takes may be pressured to act sooner. up only a fraction of its former volume. There are signs that Qatar is beginning The process allows huge quantities of fuel to work with trading houses in carving to be pumped on to ships and dispatched out new business deals through short Air tickets dominate e-commerce market around the world. term contracts or tenders. Recently, Some carriers are over 1,000 feet long transactions have been announced with By Sachin Kumar B2C (Business-to-Consumer), market Technology (ictQatar). and can carry about 217,000 cubic meters Egypt, Jordan and Pakistan. Exports is currently estimated at around $1bn. Fashion (apparels) come third in of LNG, equivalent to carrying around have also increased to Eastern Mediter- DOHA: Qatar’s nascent e-commerce “Currently, airline tickets and consumer Qatar’s e-commerce sector with 15 per- $30m-$40m worth of gas in one ship, a ranean buyers. Compared to the size of market is dominated by airline tickets electronics are the dominant B2C seg- cent share while content has 11 percent Qatar-focused report published by “FTSE the long term Asian deals, this is still and consumer electronics. Sale of airline ments, making up approximately 40 per- share. Entertainment related items and Global Markets” noted. short change, nonetheless sales to Jordan tickets and consumer electronics occupy cent of the B2C market in Qatar. hotel bookings have 10 percent market Additionally, the country has secured and Egypt have risen by 0.4m tonnes so around 40 percent share in country’s This B2C market segmentation is also share each. Penetration of e-commerce is substantial volumes of valuable by-prod- far this year, while exports to Europe look e-commerce market. in line with the overall the Middle East comparatively low in Qatar with around uct petroleum liquids. Citing QNB data, to have risen by 2.5m tonnes. Air travel market has 22 percent and North Africa B2C market split,” said 0.3m people buying goods online. “FTSE Global Markets” said Qatar has Continued on page 6 share while consumer electronics has Qatar National e-Commerce Roadmap Continued on page 6 enough gas reserves to maintain current 18 percent share in Qatar’s e-commerce 2015 report released recently the Minis- rates of production for the next 138 years. THE PENINSULA market. The e-commerce, also called try of Information and Communications THE PENINSULA Gold medal winner US, Saudi agree to intensify support Blair apologises for Iraq war, for moderate Syrian opposition says invasion caused IS rise LONDON: Former British prime network affected Iraq, and pointed out RIYADH: The United States and minister Tony Blair (pictured), CNN. Crit- that IS had risen out of a base in Saudi Arabia agreed to increase acknowledged the 2003 invasion ics say the Syria, not Iraq. He apologised for support to Syria’s moderate oppo- of Iraq played a part in the rise US decision what he described as mistakes in sition while seeking a political of the Islamic State (IS) militant to disband planning and intelligence before resolution of the four-year con- group, and apologised for some Saddam the war and in preparations for flict, the US State Department mistakes in planning the war, in Hussein’s would happen once Saddam was said after Secretary of State John an interview broadcast yesterday. army after removed, but said it had been the Kerry met the Custodian of the Blair’s decision to send troops to the invasion right decision. Two Holy Mosques King Salman back the US-led invasion is still a created a “We have tried intervention bin Abdulaziz Al Saud yesterday. live political issue in Britain, where huge secu- and putting down troops in Iraq; Kerry was in Riyadh for meet- a six-year public inquiry into the rity vacuum we’ve tried intervention without ings with the Saudi monarch, conflict is yet to publish its find- exploited by putting in troops in Libya; and crown prince, deputy crown ings. Asked whether the offensive Al Qaeda, which was eventually we’ve tried no intervention at all prince and foreign minister — was the principal cause of the rise replaced by IS. but demanding regime change in the last stop in a trip that also of IS, which now controls large Some former Iraqi army Syria. It’s not clear to me that, included Vienna, where he met areas of Iraq and neighbouring officers, members of the Sunni even if our policy did not work, counterparts from Saudi Arabia, Syria, Blair said there were “ele- Muslim minority which says it subsequent policies have worked Turkey and Russia. ments of truth” in that. has been marginalised by the better,” he said. “I find it hard to “They pledged to continue and “Of course, you can’t say that Shia-led government backed apologise for removing Saddam. I intensify support to the moderate those of us who removed former by Western powers, are senior think, even from today in 2015, it Syrian opposition while the politi- Men’s 200M T47 gold medallist Nascimento Yohansson (1173) of Brazil Iraqi dictator Saddam in 2003 strategists in IS. is better that he’s not there than cal track is being pursued,” the and silver medallist Derus Michal Mateusz of Poland at the IPC Athletics bear no responsibility for the Blair said the “Arab Spring” that he is there.” State Department statement said World Chmapionships at Qatar Sports Club in Doha yesterday. situation in 2015,” Blair told US uprisings across the region also AGENCIES after Kerry’s meetings in Saudi See also page 32 SALIM MATRAMKOT Arabia. It did not spell out what kind of support would be offered. Rebels have appealed for more military support from foreign backers, including Saudi Arabia, Future computers may answer more questions to confront major Syrian army offensives. The United States and Saudi By Fazeena Saleem put on technology rapidly get Timeline and Newsfeed. “While it’s more about augmenting life “Go to where people are work- Arabia, together with other closer to what human beings want we do store a lot of human than being an escape.” ing that you can contribute. The states opposed to Assad, already DOHA: In future computers are in their daily lives,” he said at the moments, we give them the best In reply to a question regard- future will be different from the provides some military support expected to answer increased event ‘The Future of Comput- tools to manage their privacy,” ing some terrorist organisations past- factor that in.” But he said, to Syrian rebels.
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