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Page 01 Feb 20.Indd ISO 9001:2008 CERTIFIED NEWSPAPER Wednesday 20 February 2013 10 Rabial II 1434 - Volume 17 Number 5616 Price: QR2 Expert cautions Bullish Milan on core sector gear up for project delays Barca test Business | 17 Sport | 27 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 QSL clash EU move on Syria Ministry to inappropriate, says Premier DOHA: Qatar’s Prime get tough on Minister and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani, who is also the Chairman of Arab Ministerial Committee on Syria, has said the European old buildings Union’s decision on Monday to amend the arms embargo to allow “non-lethal” aid and “technical assistance” to flow to CMC takes up the issue the Syrians is “inapposite”. Responding to a ques- DOHA: The Central Municipal to the procedures specified by tion about the impact of the Council (CMC) yesterday called the Ministry of Municipality European Union decision and on the Ministry of Municipality and Urban Planning to avoid any the international indecision on and Urban Planning to prepare possible accidents and keep them prolonging the crisis in Syria, the a list of all the buildings in the nice-looking,” said Engineer Prime Minister told Aljazeera country that require immedi- Jassim bin Abdullah Al Malki, that the Syrian people are pay- ate maintenance or need to be CMC’s deputy chairman and ing the price for prolonging the demolished. head of the services committee, crisis, pointing to the fact that The presence of several old and while presenting the report. the number of people killed as dilapidated buildings across the According to the law, if the a result of this crisis contin- country leaving a bad impression committee concerned at the ues to rise, and that the Syrian on onlookers has prompted the Ministry issues a decision government has not changed civic council to call for stricter regarding maintenance or demo- its stance. action against such facilities. lition of a building and the owner Lekhwiya’s Sebastian Soria (red) and Al Gharafa’s Meshal Mubarak vie for the ball during Qatar Stars League QNA Once the list is ready, it has fails to implement it within the clash at Abdulla bin Khalifa Stadium yesterday. The match ended in a 1-1 draw. See also Page 28 to be forwarded to the demoli- given time, the Ministry will do (SHAIVAL DALAL) tion and maintenance commit- it on its own and force the owner tee at the Ministry so that it can to bear the expense, which will take action against such build- be 25 per cent more than the ings. This list will also help the actual cost, the report said, Ministry to set up a database of quoting a senior official of the Qatar to float $12bn investment firm all the buildings across the coun- Doha Municipality. try, the Council members felt. The Municipality has launched DOHA: The Capital of Qatar Chamber here yesterday. representing various financial portfolio across the world. The CMC in its regular meet- an inspection campaign to look Qatar’s proposed Doha Global Of the total $12bn capital, 50 institutions and the private sec- “This is a global investment ing yesterday approved a report into the old and dilapidated build- Investment Company will be percent has already been com- tor. The remaining four members company to invest overseas, not prepared by its services commit- ings that are giving a bad look to $12bn. Of the $6bn paid up mitted by the Government. Qatar would be the nominees of Qatar in Qatar. The company’s capital tee on this issue. the city, said the official. capital, Qatar Investment Holding will contribute $3bn. Holding, including its chairman will be increased in the future. It The report also proposed to The committee concerned at Authority’s (QIA) foreign Different companies, financial and the Board of Directors. guarantees a 5 percent dividend issue unified guidelines for main- the Municipality since its incep- investment arm Qatar Holding institutions and businessmen The IPO for $3bn will be in its first year of operations, Dr tenance of buildings that will be tion has issued 71 decisions for will spin off $3bn and the would chip in with $2.5bn. The launched in six to eight weeks Hussain Al Abdullah said. helpful to property owners and maintenance or demolition of remaining $3bn would be raised remaining $500m will be invested with QR10 being the nominal Bankers and Market experts the municipalities implementing buildings, said the report. through public offerings. by Qatari citizens and small insti- value of a share. Initially, the are keenly watching Qatar’s lat- the decision of the maintenance The most common violations of The details of Qatar’s latest tutions. The $500m slab set for company will be listed on Qatar est big ticket announcement. and demolition committee. the law include keeping AC holes big ticket overseas investment the individuals and small inves- Exchange and would go for dual “This is absolutely the right “Several residential and uncovered, exposing water tanks company, which the Supreme tors would be raised further to a listing in the future. The IPO step in concept. It’s a good administrative buildings over- on the terrace to public view and Council of Economic Affairs and level of 14 percent, if necessary, is expected to be open only to opportunity for the nationals to looking the highways or inside failure to stick to the permitted Investment decided to set up in Dr Hussein Al Abdullah, member Qataris, but foreign investors will make incremental wealth”, said the residential areas need to be colours for buildings. Owners vio- its February 10 meeting, was dis- of Board of Directors, QIA said . be able to buy in later. R Seetharaman, Chief Executive demolished or repaired. Owners lating the law will face fines rang- closed by a top official of Qatar The new firm will be a totally The company will invest in Officer of Doha Bank. of these buildings should be ing from QR500 to QR50,000. Investment Authority in a meet- independent entity with 9 board shares, bonds, real estate, direct THE PENINSULA forced to maintain it according THE PENINSULA ing with Qatari businessmen at members. Five members will be investments and in different Continued on page 9 Mobile subscribers World’s largest yacht in Qatar at 3 million DOHA: The number of HMC to add three mobile subscribers grew by 2.6 percent in Qatar on a quarter-on- quarter basis in the third quarter of 2012. air ambulances Qatar’s total mobile sub- scriber base has breached the BY FAZEENA SALEEM in operation. These will help to 3 million mark, leading to transport two passengers at a a mobile penetration rate of DOHA: A plan to expand the time,” Wayne Thomson, Manager around 170 percent. However, fleet of air ambulances this year of the Aeromedical Service at the potential for growth will enable the service to run HMC told reporters on the side- remains due to expected 24 hours, a senior official of the lines of an ambulance service economic and population Hamad Medical Corporation simulation held at the Mushara growth, Global Investment (HMC) said yesterday. dunes. “The need for the helicop- House’s telecom report for HMC is to add three bigger hel- ter service has increased and it the fourth quarter released icopters to its fleet of two chop- will be available 24 hours as soon on Monday said. Vodafone pers. The air ambulance service, as new helicopters start function- Qatar continued with the called LifeFlight, has a 43-mem- ing,” he added. strong growth momentum, ber paramedical crew which A LifeFlight will be dispatched adding 57,800 subscribers responds to emergency calls from for emergencies like a heart in the third quarter of 2012, 6am to midnight. Each helicopter attack or someone becoming helped by launch of postpaid can carry one patient. unconscious. An increased need services in June 2012. The The service responds to an for the air ambulance service at increase in Vodafone’s sub- average of 100 to 110 calls every the dunes near Sealine during the scriber base has also been due month, most of these triggered by winter camping season has been to strong growth in the pre- road accidents and traumas. felt. HMC’s air ambulance serv- paid segment. “Three new helicopters will be ice started in 2007 when it used THE PENINSULA added to the service before the to work from sunrise to sunset. The Eclipse, reported to be the largest private yacht in the world, is docked at a pier in New York City, end of this year. They will be It was operating for 18 hours in yesterday. The boat, which measures 557ft in length and is estimated to cost $1.5bn, is owned by Russian bigger than the helicopters now 2011. THE PENINSULA 30 women in Saudi billionaire Roman Abramovich. Shura Council RIYADH: Thirty Saudi women took seats in Saudi Arabia’s John Kerry to visit Qatar soon Scattered rains, fall in temperature forecast Shura Council, for the first DOHA: Some parts of the coun- northern areas of the country, will The strong northwesterly time in the ultra-conservative WASHINGTON: US Secretary of State John Kerry will visit try are likely to receive scat- be accompanied by strong winds winds are expected to cause a kingdom’s history, as they were nine countries in Europe and the Middle East starting on Sunday tered rains today, according to by mid-day, the Department said slight fall in the temperature sworn in before the Custodian as he undertakes his first foreign trip as top diplomat, the State the Meteorology Department.
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