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Sunday 30 September 2018 PAGE | 22 PAGE | 22 Bank’s Qatargas honours event highlights 1,200 long-serving a resilient employees

Katara Hospitality officially unveils Swiss gem THE PENINSULA LUCERNE,

KATARA Hospitality, the leading global hotel owner, developer and operator based in Qatar, has unveiled the legendary Bürgenstock Resort Lake Lucerne in Switzerland, in a grand ceremony marking the resort’s official opening after nine years of construction work and an eventful opening year. The Bürgenstock Resort, with its four hotels, shines out like a beacon over Lake Lucerne in all its new and majestic splendour. Held under the patronage of Sheikh Nawaf bin Jassim bin Jabor Al Thani, Chairman of Katara Hospitality, the event was graced by the presence of Swiss Federal Councillor Schneider- Ammann, Hamad Abdullah Al-Mulla, Chief Executive Officer of Katara Hos- pitality, Bruno Schöpfer, Managing Director of Katara Hospitality Swit- zerland AG, state counselors and offi- cials from Switzerland; in addition to over 1000 specially-invited highly esteemed guests. On this occasion, Sheikh Nawaf said: “We are honoured to witness the grand Sheikh Nawaf bin Jassim bin Jabor Al Thani (fourth right), Chairman of Katara Hospitality, and other dignitaries during the grand opening of Bürgenstock Resort opening ceremony of the Bürgenstock Lake Lucerne in Switzerland, yesterday. Resort Lake Lucerne, as it revives the property’s prestigious past while contribute respectively up to $350m and marking a new step forward in the $150m over the next 5-7 years, with region’s long tradition of hospitality.” additional funding capacity raising Katara Hospitality is globally through leverage and co-investments. renowned for creating landmark hos- Sheikh Nawaf said that Katara Hos- pitality gems that enhance the tourism pitality’ s investment cover six conti- landscape in the markets we operate, nents and seeking more and its and such a momentous occasion further investment will not stop. “The only con- illustrates our continued success within dition is that the investment should be the global luxury tourism sector. encouraging for Katara Hospitality.” He Speaking to the media, Sheikh said that Katara Hospitality announced Nawaf said that Katara Hospitality will an exclusive offer this summer for Qatari continue its investing in the hospitality nationals and residents with discounts sector. On Katara Hospitality’s invest- up to 40 percent, starting from June 15 ments strategy in Europe, he said “In to August 31, 2018. Europe, we have 17 hotels with about “We might also come out with 3500 rooms and twenty percent of these similar attractive offers to Qataris and rooms are in Switzerland. Most of the he residents in future”, Sheikh Nawaf investments are long-term sustainable added. On Katara Hospitality’s 2019 plans investments and therefore are savings he said: “We are going to open new for future generations.” projects, and among them will be Al Katara Hospitality and AccorHotels, Masila Spa Resort.” Katara Hospitality Europe’s biggest hotels group, were continues to explore investment in a col- Dr. Khalid Al-Shafi (second right), Editor-in-Chief, The Peninsula, making a point during a media interaction with Sheikh announced plans to set up a $1bn lection of unique properties in key Nawaf bin Jassim bin Jabor Al Thani (left), Chairman of Katara Hospitality, and Hamad Abdullah Al Mulla (second left), investment fund targeting the hotels and sought-after international locations. Chief Executive Officer of Katara Hospitality, on the sidelines of the grand opening of Bürgenstock Resort Lake Lucerne hospitality sectors in sub-Saharan When acquiring a property or engaging in Switzerland, yesterday. African countries. The fund will amount in a project, it always look for something to up to $500m in equity, of which extraordinary that sets the project apart. hospitality sector, we enjoy mutually over the world once more to the heart 145-year history of the Burgenstock Katara Hospitality and AccorHotels will “As experienced investors in the beneficial relationships with a number of Switzerland with this incomparable Resort makes us need to exceed the of internationally renowned operating view,” said Swiss Federal Councillor expectations of our hotel guests every partners. These global operators are care- Schneider-Ammann. day…. After a demanding opening, year, fully chosen for sharing Katara Hospi- In line with Katara Hospitality’s I am looking forward to successfully tality’s own values and beliefs and also mission to preserve the heritage of iconic taking the Burgenstock Resort into the for their understanding of the particular hotels around the world, the Burgenstock future, together with my team.” needs of each property and market under Resort has entirely reinvented itself, As an international hotel owner, consideration.” Swiss Federal Councillor building on a long-standing tradition of developer and operator with over 45 years Schneider-Ammann praised the pio- attracting the world’s elites. Overlooking of experience in the industry, Katara Hos- neering spirit of the two Bürgenstock Lake Lucerne, recently underwent a mul- pitality is focused on its global expansion. founders, Bucher and Durrer, who in the timillion dollar extensive yet masterful It has recently surpassed our target of 30 19th century built a hotel complex to redesign. properties by 2016 – two years ahead of welcome guests from around the world The iconic resort is the third project schedule. Looking ahead to the next high above Lake Lucerne, a feat that was to open under The Burgenstock Selection, decade, its growth strategy focuses on well before its time and which required a collection of luxurious hotels in Swit- international expansion, while continuing great entrepreneurial spirit. zerland owned by Katara Hospitality. The to develop the hotel landscape in Qatar. They then equipped it with the first portfolio consists of the Burgenstock Katara Hospitality’s European electric funicular railway in Swit- Resort Lake Lucerne, the Hotel Schweiz- presence is strong and it is looking to con- zerland. “It gives me great pleasure to erhof Bern & THE SPA and the Royal tinue to expand the footprint here, as see how this pioneering spirit lives on Savovy Hotel & Spa Lausanne. Katara Hospitality explores investment and how the Bürgenstock Resort is now Robert P.Herr, General manager of in iconic properties that have set the A distant view of Burgenstock Resort during the opening celebrations, yesterday. equipped to welcome guests from all the Burgenstock Resort said: “ The standards in the global hotel industry. 22 BUSINESS SUNDAY 30 SEPTEMBER 2018

QIB awards 200 MarketWatch QP keen to enhance its ‘Misk Account’ holders investment in Pakistan QSE FTSE100 DOW BRENT THE PENINSULA 9,784.31 7,510.20 26,498.64 $73.25 THE PENINSULA Al Kaabi expressed importance Qatar Petroleum +55.81 PTS −35.24 PTS +58.71 PTS -1.13 QP’s keen interest to places on Pakistan as a prom- DOHA: Qatar Islamic Bank 0.57% 0.47% 0.22% Dow & Brent before going to press DOHA: Qatar Petroleum Pres- enhance its investment ising energy market after the (QIB) has awarded 200 Misk ident and CEO Saad Sherida Al in Pakistan and to build signing of the recent LNG Account holders a prize worth Kaabi held talks in Islamabad on the existing solid agreement, and the commitment QR10,000 over the last 40 with Imran Khan, the Prime relations between both to secure its future energy weeks, and total prizes have Mexico says US, Canada Minister of the Islamic Republic sides. needs, particularly LNG. reached QR2,000,000. There of Pakistan, on cooperation in On his part, Prime Minister are 30 more savers to win the the field of energy. Imran Khan welcomed Qatar weekly prizes and one lucky could reach new Nafta Al Kaabi reviewed Qatar Petroleum’s keen interest to Petroleum’s investment in Paki- winner to get the grand prize Petroleum’s global portfolio and enhance its investment in stan’s energy and petroleum worth QR1,000,000 in deal in 48 hours activities, particularly its efforts Pakistan and to build on the sectors. He assured Al Kaabi of November 2018. to help meet growing global existing solid relations between the Pakistani government’s full This week’s 5 lucky AFP demand for natural gas. both sides. support and cooperation in this winners are: Noreddin Al- source told AFP that Canada’s He also expressed Qatar Al Kaabi also stressed the regard. Assali, Ahmad Al Malki, top negotiator, Foreign Minister Badriya Abdullah, Mohammed MEXICO CITY: The United Chrystia Freeland, “is in con- Metwaly, and Suhail Al States and Canada have told stant communication with the Mazroey. The draw, took place Mexico they could reach a Americans, both formally and in the presence of an official compromise within 48 hours informally.” The United States representative from the Min- on keeping the updated North and Mexico want to push their istry of Economy and Com- American Free Trade deal through their respective merce and QIB officials. Agreement a three-country legislatures before Mexican D Anand, QIB’s Personal deal, the Mexican Economy President-elect Andres Manuel Banking Group General Minister said on Friday. Lopez Obrador takes office on Manager, said, “Congratula- Speaking as he presented December 1. tions to the 200 winners, who the Mexican Senate with the In the United States, there have won with us up till today. current US-Mexican agreement is a three-month timeframe for As the final draw for to update Nafta -- which does doing so -- meaning Congress QR1,000,000 is coming up, I not include Canada, the third must have the text of the deal encourage all the Misk member of the original deal -- by Sunday. account holders to increase Economy Minister Ildefonso US President Donald Trump their savings to raise their Guajardo said Washington and has been pushing for a com- chances of winning; there can Ottawa were making a “very plete overhaul of the 25-year- only be one grand winner”. He serious,” last-ditch attempt to old trade deal, which he says added, “At QIB, we understand bridge their differences. has been a “rip-off” for the the importance of savings and “For the first time, we’re United States. thus decided to launch the seeing a real effort by both In August -- more than a Misk Account to encourage sides,” he said. year into the negotiations -- the our customers to save more “In the next 48 hours, we United States and Mexico Imran Khan, the Prime Minister of the Pakistan, with Eng Saad Sherida Al Kaabi (left), Qatar Petroleum and appreciate the benefits of will know if we are going with announced they had reached a President and CEO, during their meeting in Islamabad. saving for their future.” a trilateral agreement.” Gua- two-way deal, after breaking jardo, Mexico’s top negotiator away for bilateral talks on their for “Nafta 2.0,” insisted that outstanding issues.But the even if no 11th-hour US- ensuing talks to incorporate Canadian deal is reached, a Canada have stumbled. China central bank to maintain ample liquidity three-way deal would still be According to the negoti- possible at some point in the ators, Canada’s insistence on a REUTERS heated trade dispute with the US. policy relatively loose to support The PBoC will continue to future. trade dispute provision and its On its website following a a slowing economy as China closely watch broad changes in But that would mean “going protected dairy sector are the BEIJING: China’s central bank quarterly meeting of its monetary faces increased headwinds from international and domestic eco- ahead with a bilateral last major sticking points. pledged to maintain its “prudent policy committee, the People’s trade frictions with nomic trends and guide rea- agreement and then later Ottawa is also seeking and neutral” monetary policy and Bank of China (PBoC) said yes- Washington. sonable growth in money supply, defining what legal actions we assurances that the United to use multiple tools to keep terday it will fine tune monetary PBoC said it would strike a credit and total social financing. would have to take to maintain States will not, after signing a liquidity ample, as the world’s policy in a pre-emptive way and balance between interest rate, “The prudent monetary policy the possibility of a three-way new Nafta deal, turn around second-biggest economy comes control the pace of deleveraging. exchange rate and international will be kept neutral, neither too deal,” he said. and hit Canada with punitive under increasing pressure from a The PBoC is expected to keep balance of payments. loose nor too tight,” it said. A Canadian government auto tariffs.

Qatargas honours 1,200 long-serving employees

THE PENINSULA award is a reflection of your hard work, dedication, profession- DOHA: Qatargas Operating alism and contribution to the Company Limited (Qatargas) success of the company over recently recognised more than many years, all of which has 1,200 employees at its annual been instrumental in making Long Service Award ceremony. Qatargas what it is today – the The Long Service Award recog- World’s Premier LNG Company.” nises employees for their Qatargas has a well-struc- continuous years of service. tured programme to train, rec- Khalid bin Khalifa Al Thani (sixth left), Qatargas CEO, and senior officials with employees who completed 25 years of service with the company. Commenting on the Long ognise, acknowledge and reward Service Awards, Khalid bin the accomplishments of its Khalifa Al Thani, Chief Executive employees. Attracting, devel- a high caliber, diverse workforce human capital strategy. Qatargas source of strength and leverages its workforce and Officer, Qatargas, said: “This oping, motivating and retaining forms the basis of the Company’s uses its diverse workforce, as a the knowledge and expertise of shareholders. Doha Bank’s ‘knowledge sharing’ event highlights a resilient Qatar

THE PENINSULA operating in Logistic parks and Qatar Stock Exchange (QSE) Industrial zones and elaborated spoke on the increasing volumes DOHA: The year 2017 was the on the incentives offered to and turnover on the exchange fastest growth period in Qatar operate in these zones. The post the reforms executed. Financial Centre’s 13-year permits were issued in three He said QSE benchmark history. QFC witnessed a working days, financing was index is one of the best per- remarkable 69 percent increase offered by local banks, forming indices globally with in new firms during the first six exemption of rent during 2018 YTD returns of 15 percent. He months of this year, stated and 2019 and reduction of rent also gave insight on future initi- Yousuf Mohamed Al Jaida, Chief by 50 percent per meter were atives from QSE. Executive Officer, QFC Authority. some of the initiatives taken to Saleh Majid Al Khulaifi, and The QFC CEO was partici- attract companies to relocate Acting Executive Director of pating in a panel discussion held their existing locations, he said. Qatar Development Bank said: as part of a ‘Knowledge Sharing’ Mubarak Al Sahuty, Exec- “The financial sector can help event hosted by Doha Bank on utive Director from Hassad Food SME’s to support Qatar’s eco- ‘Qatar’s Resilience Post said Qatar post blockade has nomic growth”. He called for Blockade- A Year on’ at Four managed to increase the culti- working on research and devel- Seasons Hotel. Qatar Central vated land to reach 8,000 tons opment pertaining to various Bank (QCB) Governor H E Sheikh Doha Bank CEO Dr R Seetharaman (fourth left) with Yousuf Mohamed Al Jaida (second left), CEO, QFC of vegetables production per SME sectors, which could con- Abdulla bin Saoud Al Thani was Authority; Rashid Al Mansoori (fourth right), CEO of Qatar Stock Exchange; Fahad Rashid Al Kaabi year. Hassad established a New tribute to Qatar’s growth.” the Chief Guest. (second right), CEO of Manateq; Mubarak Al Sahuty (right), Executive Director, Hassad Food, and other Marketing and Agri-Services Co. Earlier, delivering the key The event was also attended officials during the event. “Mahaseel”. The aim for note address Doha Bank CEO Dr by Sheikh Fahad bin Mohammad Mahaseel is to support the R Seetharaman said Qatar’s GDP bin Jabor Al Thani, Chairman, diplomats from various “Challenges create new QFC’s incredible growth in spite private agriculture sector to con- is set to grow by 2.6 percent this Doha Bank; Sheikh Abdul embassies. The event provided opportunities, and in facing these of regional challenges”, Al Jaida tribute to the country’s self-suf- year and then average 2.7 Rehman bin Mohammad bin a thought-provoking platform to challenges, Qatar and the Qatar said. ficiency and to ease the burden percent during 2019-23, bol- Jabor Al Thani, Managing discuss some of the key oppor- Financial Centre have become Fahad Rashid Al Kaabi, CEO on local farmers to increase their stered by Qatar’s moves to Director of Doha Bank; and tunities and challenges facing more resilient and more self-suf- of Manateq spoke on reforms production. increase LNG production leading Qatari executives and Qatar in light of the blockade ficient. A testament to this is the undertaken in Free Zones Rashid Al Mansoori, CEO of capacity by about 30 percent. SUNDAY 30 SEPTEMBER 2018 BUSINESS 23 External balances of Asean-5 a mixed bag: QNB THE PENINSULA suggests even higher import bills to ten major EM currencies against the The Asean surplus economies come in the next few months. USD. YTD (year to date), the EMCI is DOHA: Indonesia, , Malaysia, have been less affected by Third, a new generation of capital down 11.1 percent, while the Thai Baht the Philippines and Vietnam – the the recent pressure over EM expenditure programmes have kicked is up 0.6 percent and the Malaysian countries refer to in aggregate as in the Philippines, Indonesia and Ringgit is down 2.8 percent against the ‘Asean-5’ – are a mixed bag in terms currencies. Their currencies Thailand. Investment in infrastructure USD. of their current account positions. have all outperformed the and other fixed assets has a high import The Vietnamese Dong, which is not Thailand, Malaysia and Vietnam are J P Morgan EM Currency content, ensuring that capex booms have a free floating currency, has devalued persistent net lenders to the rest of the QNB noted in its Index (EMCI), which tracks the led to a surge in the imports of capital by a modest 2 percent so far this year. world. In 2017, their current account goods. By contrast, the deficit countries of surpluses as a percentage of GDP weekly ‘economic movements of ten major EM While the deteriorating trade bal- Indonesia and the Philippines have seen amounted to 10.8 percent, 3.0 percent commentary’ currencies against the US dollar. ances spill over to the overall current their currencies under greater pressure. and 4.1 percent, respectively, QNB account positions, Thailand and The Indonesia Rupiah and the Phil- noted in its weekly ‘economic com- Malaysia continued to run large sur- ippine Peso are down 8.4 percent and mentary’ yesterday. pluses of $9.5bn and $1.8bn, respec- 7.6 percent, respectively, against the The current account is a key reversed this dynamic since 2013. transitioned from being net oil exporters tively, in Q2 2018. USD in 2018. concept in macroeconomic analysis. It With a deficit amounting to 1.7 to becoming net oil importers. Accord- Vietnam data is only available for In the Philippines, however, the stands for exports and imports of cur- percent of GDP last year, Indonesia is ingly, Asean’s trade balance is vul- Q1, when it registered a $3.4bn surplus. current account deficit remains modest, rently produced goods, services, and the only serial current account deficit nerable to higher oil prices. Not surprisingly, the Asean surplus suggesting that financing over the income flows to and from foreign res- country in the Asean-5. The country The recovery in oil prices has been economies have been less affected by medium-term may be less idents. The balance therefore captures became a net borrower in 2011 when a major drag on trade balances. Brent the recent pressure over EM currencies. problematic. the extent to which a country is either net hydrocarbon exports turned neg- crude prices averaged $44/b in 2016, Their currencies have all outperformed Indonesia is the Asean economy accumulating net foreign assets or ative on the back of a secular decline in $55/b in 2017 and $71/b in H1 2018. the JP Morgan EM Currency Index that is more vulnerable to sudden issuing foreign liabilities, i.e. if they are crude oil production capacity. Brent’s recent move above $80/b (EMCI), which tracks the movements of changes in global liquidity and capital a net borrower or lender to the rest of Despite their differences, all Asean-5 flows. Bank Indonesia (BI) has under- the world. countries except for Vietnam have wit- taken what the BI governor called a Thailand’s large surplus is the result nessed their current accounts deteri- ‘preemptive, front-loaded and ahead of four years of improvements in the orate in recent quarters. The trade ASEAN-5 Trade Balance of the curve’ approach. The policy rate external accounts. balance has inevitably been the key (12-month sum, USDbn) is up 150bp so far this year and is Malaysia’s current account surplus driver. While exports have benefited expected to increase more, which reached the recent level after a gradual from the world trade rebound, should help limit portfolio outflows, reduction since the post-Lehman peak increasing by 43 percent from their 40.0 especially from the bond markets. of 10.9 percent in 2011. Vietnam began trough in January 2016, imports have 30.0 Moreover, the government has to run current account surpluses more seen even stronger growth; up 47 20.0 also announced several measures to recently in 2011, when the impact of percent during the same period. prop up external revenues and curb structural reforms such as trade and Three common factors are in play. 10.0 imports, including an expansion in foreign ownership liberalisation started First, our Asean-5 weighted aggregate 0.0 the cap for coal production, a more to kick in. for GDP growth has seen its fastest targeted approach to infrastructure The Philippines used to run a growth in four years in recent quarters. -10.0 spending, an acceleration of the plans surplus but current account tipped into Growth has peaked at 5.5 percent y/y in -20.0 to mix domestic biodiesel into petrol, slightly negative territory since 2015. Q1 2018 before cooling somewhat to 5.3 and the imposition of a 7.5 percent In 2017, the current account deficit percent in Q2. Robust activity naturally -30.0 tariff on 500 different consumer amounted to 0.4 percent of GDP. The prompts import growth, which is ‘elastic’ -40.0 goods. country has an unusual current account with respect to demand. In brief, current account balances structure as large trade deficits are Second, the Asean-5 is a net are deteriorating across the Asean-5, often combined with big inflows of importer of crude oil. Except for but generally speaking external remittances from the expansive com- Malaysia, the other four countries are accounts are healthy. munity of Philippine expatriate net importers. In fact, the net oil position Indonesia is the exception. As workers. While for most of the 2000s of the region has deteriorated consid- such, economic authorities in Jakarta remittances tended to outstrip trade erably over the last eight years. During Sources: Haver Analytics, IMF, QNB Economics analysis are being more active in targeting def- deficits, accelerating GDP growth has this period, both Indonesia and Vietnam icits over the next quarters.

BREAK TIME CROSSWORD NOVO Pearl Qatar ROYAL PLAZA VILLAGGIO & CITY CENTER Peppermint (2D/Action) 10:00am, 12:15, 2:30, 4:45, 7:00, 9:15 & Sui Dhaaga (Hindi) 2:30pm 11:30pm The Nun (2D/Horror) 10:00am 12:00noon, 12:30, 2:00, 2:45, Smallfoot (Animation) 3:00 & 5:00pm 4:00, 5:00, 6:00, 7:15, 8:00, 9:30, 10:00, 11:45pm & 12:00midnight The House With A Clock In Its Wall (2D/Thriller) 5:00 & 7:00pm Alpha (2D/Drama) 10:00am, 12:00noon, 2:00, 4:00, 6:00, 8:00, Searching (2D/Thriller) 7:00pm 10:00pm & 12:00midnight MEG (2D/Action) 11:00am, 3:30 & 8:30pm El Diesel (2D/Arabic) 9:00 & 11:00pm Luis And The Aliens (2D) 10:00am 1:30 & 5:00pm The Wife (2D/Drama) 9:00pm Enchanted Princess (2D/Animation) 11:45am, 3:15 & 6:45pm Al Khourouj An Al Nas (2D/Arabic) 8:30, 10:30pm & 12:00midnight Varathan (Malayalam) 10:00 & 11:15pm The Equalizer 2 (2D/Action) 1:00, 6:00 & 11:00pm Night School (2D/Comedy) 11:15pm Christopher Robin (2D/Animation) 10:15am, 2:30, 6:45 & 11:00pm Mile 22 (2D/Action) 12:30, 4:45 & 9:00pm Reprisal 10:00am, 2:00, 6:00 ASIAN TOWN & 10:00pm Slender Man 12:00noon, 4:00, 8:00pm & 12:00midnight Al Badlah (2D/Arabic) 10:00am, 12:15, 2:30, 4:45, 7:00, 9:15 & 11:30pm Chekka Chivantha Vaanam (Tamil) 12:00noon, 2:30, 5:15, 8:00, 10:45pm, The Nun(2D/Horror/IMAX)11:00am, 1:00, 3:00, 500, 7:00, 9:00&11:00pm 01:30 & 03:15am Nawab (Telugu) 12:45pm Varathan (Malayalam) 1:00, 3:30, 6:00, 8:30, 10:15, 11:00pm, 12:45 MALL & 02:00am Padayottam (Malayalam) 3:30pm Devdas (2D/Telugu) 6:00pm Saamy 2 (Tamil) 8:30pm Smallfoot (Animation) 2:00, 4:00 & 5:45pm Sui Dhaaga (Hindi) 5:15pm Oru Kuttanadan Blog (Malayalam) 7:45pm Devdas (2D/Telugu) 2:15pm Pataakha (2D/Hindi) 4:30pm The House With A Clock In Its Wall (2D/Thriller) 5:00 & 7:30pm ROXY Night School (2D/Comedy) 7:00pm Johnny English (2D/Action) 9:30pm El Diesel (2D/Arabic) 7:00pm Chekka Chivantha Vaanam (Tamil) 10:30am, 1:30, 4:30, 7:30 & 10:30pm Sui Dhaaga (2D/Hindi) 9:00pm 211 (Action) 9:00pm Johnny English (2D/Action) 10:30, 11:00am, 2:45, 3:15, 7:00, 7:30, 9:00, Chekka Chivantha Vaanam (Tamil) 11:00pm 9:30, 11:30pm Devdas (2D/Telugu) 3:50 & 9:30pm The Bouncer (2D/Action) 11:30pm Varathan (Malayalam) 11:30pm Smallfoot (Animation) 10:30am, 12:40, 2:50, 5:00 & 7:20pm Sui Dhaaga (Hindi) 9:30pm & 12:10am The House With A Clock In Its Walls 1:00, 12:30. 4:45, 9:30, 11:00pm LANDMARK Varathan (Malayalam) 10:30am, 1:10. 6:50pm & 12:30am

Chekka Chivantha Vaanam (Tamil) 8:30 & 11:15pm Smallfoot (Animation) 2:15, 4:00 & 5:45pm AL KHOR Oru Kuttanadam Blog (Malayalam) 2:15pm Chekka Chivantha Vaanam (Tamil) 10:30am, 3:45 & 9:00pm Sui Dhaaga (2D/Hindi) 2:15pm Small Foot (2D/Comedy) 12:00noon & 7:00pm The House With A Clock In Its Wall (2D/Thriller) 5:00 & 7:00pm Devdas (2D/Telugu) 1:00 & 6:00pm 211 (Action) 6:30pm El Diesel (2D/Arabic) 7:30 & 9:00pm The House With A Clock In Its Walls 2:15 & 9:15pm Searching (2D/Thriller) 4:30pm Night School (2D/Comedy) 9:30pm Night School (2D/Comedy) 3:45 & 11:30pm Devdas (2D/Telugu) 11:00pm Varathan (Malayalam) 11:30pm Oru Kuttanadan (Malayalam) 8:45pm Sui Dhaaga (Hindi) 4:30 & 11:30pm

FLIK Mirqab Note: Programme is subject to change without prior notice. Chekka Chivantha Vaanam (Tamil) 8:50 & 10:20pm Johnny English Strikes Again 10:20, 11:15am, 12:15, 1:10, 2:15, 5:00, 6:30, 7:25, 8:30, 9:20 & 11:15pm Luis & The Aliens 12:00noon, 1:25 & 5:30pm Small Foot 11:10am, 1:50, 3:15, 4:05, 6:20, 7:30, 8:40, 10:35pm & 12:30am The House With A Clock In Its Walls 10:30am, 11:20, 12:20, 1:35, 2:35, 5:50, 7:00, 8:05, :15, 11:30pm & 12:10am The Bouncer 8:40, 10:35pm & 12:30am The How of Us 6:15 & 9:45pm The Nun 10:30pm & 12:40am Varan 12:40, 3:25 & 11:55pm

NIGHT SCHOOL

A group of troublemakers are forced to attend night school in hope that they’ll pass the GED exam to finish high school. 24 BUSINESS SUNDAY 30 SEPTEMBER 2018 AL ASMAKH LISTING CALL CENTER: 4448 5111 / 4041 0757 We also offer our RICS regulated International valuation service VALUATIONS & RESEARCH [email protected]

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Z, K !+RZ R KK ,  K Q R W R K K RRZ %' R RRZ %'  JK !K JK!K+JK!K+ R Z UMM BAB TOWER (WESTBAY): J K % %! +JK!K+ R Za_,*'b&&$#%)')((+(#'$& BIN DIRHAM 1 (MANSOURA): !K % a_,*'b((('#**,((+,#')%))##')&)((($%*&'! Z ((('$)#+))##%&,'))##')&)! Z Z  K !+RZ ,K7,, K RRZ %'  JK REGENCY RESIDENCE (WEST BAY): Fully furnished 1 !K +JK!K+ R Z a_,*'b &#&, (%+* , , JK !K +JK!K+ REGENCY RESIDENCE ALSADD 3 (AL SADD): Fully R Za_,*'b&&%,'&%$(((%)$'#((+,(,()((+, &&()*$()))##%&,'))##%&()! Z K !+RZ R K & Z ! #')%! Z , , , WKRRZ%' K RRZ %'  UMM BAB TOWER (WESTBAY): J K & JK!K+JK!K+ BIN DIRHAM 5 (MANSOURA): !K % RJK!K+JK!K+ _ XZ & ! Z R Za_,*'b((('#**,((+,+%,%))##$&%,((+( Za_,*'b&&$#%)')))##%&()(((%)$'#((+,(,() K RRZ %'  JK #'$&! Z ))##')&)! Z K!+RZ,K7,, !K+JK!K+ R Za_,*'b&#&,(%+*&&() Fully REGENCY RESIDENCE (WEST BAY):JK& ,,JK REGENCY RESIDENCE AL SADD 10 (AL SADD): *$() (((% )$'# ((+, (,() ! Z  Z&! !K +JK!K+ R Z a_,*'b &&%,'&%$ ))## K & Z ! K ')&) ((($ %*&' ((+, +%,% ! Z  JK !K +JK!K+ !+RZ R ,  , 18 FLATS (AL WAKRA)$+!K, ,W R Z a_,*'b &&$# %)') ))## %&() (((% )$'# ((+, (,() ! Z  K , % K %'  K RRZ %' R COMPOUND aX b JK !K JK!K+JK!K+ R Za_,*'b  BEVERLY HILLS GARDEN 10 (Al WAAB): R +JK!K+ R Z a_,*'b &#&, (%+* &&() *$() (((' #**, (((' $)#+ ))## %&,' ))## %&() ! Z Fully  K ' Z &  REGENCY RESIDENCE AL SADD 12 (AL SADD): ))##%&,'! Z , K K $ Z J K % !+RZ R , C , R, K !+RZ J 7,, (+ REGENCY RESIDENCE (WEST BAY):  K RRZ %'  58 APARTMENTS (UM GHUWAILINA) Z % ! Q K RRZ %'  K,&%,$ JK!K+JK!K+ R Za_,*'b&&$#%)') JK!K+JK!K+ R Za_,*'b ))##$&%,((+(#'$&))##')&)! Z _$R,JK!K+JK!K+ K !+RZ R ,  &&(% $*$& ))## $&%, ((+( #'$& (((' $)#+ ! Z R Z a_,*'b ((+, #%#* &&() *$() ))##')&) , , W  K RRZ %' R  ! Z JK!K+JK!K+ R REGENCY RESIDENCE AL SADD 12 (AL SADD): Za_,*'b((('#**,(((%)$'#((+,(,()((+,#')% AIN KHALID GATE: J K ' JK$Z DOHA GARDENS (AL WAAB):JK& R, K !+RZ J 7,, ! Z % ! Z!C  %  K RRZ %'  KRRZ%' JK !K +JK!K+ R Z a_,*'b &&$# %)') REGENCY RESIDENCE (WEST BAY): Fully furnished 1 bedroom  JK !K +JK!K+ R Z a_,*'b &&$# %)') Z! ))##$&%,((+(#'$&))##')&)! Z , , K !+RZ R ))##$&%,((+(#'$&((('$)#+! Z K W Q W !+RZ R ,  , 7 ,W REGENCY RESIDENCE AL SADD 13 (AL SADD): ONE COMPANY DEAL  K RRZ %' R 7,, JK$Z JK!K+JK!K+ R Za_,*'b KRRZ%' K RRZ %' BRAND NEW RESIDENTIAL BUILDING (WAKRA): (((' #**, ))## ')&) ((($ %*&' ((+, +%,% ! Z JK !K +JK!K+ R Z a_,*'b (()$ *,%)  JK !K +JK!K+ R !K $( ! K % Z  ((+( (%*$ ((+, (,() ((+, #')% ! Z Za_,*'b&&$#%)')))##%&,'((+,#%#*(((%)$'# JK!K+JK!K+ R Z  ))##')&)! Z a_,*'b&#&,(%+*! Z REGENCY PEARL 3 (THE PEARL):RK ,  RK REGENCY RESIDENCE MUSHEIREB 1 (MUSHEIREB): C R ,   , BEVERLY HILLS GARDEN 1 (AL WAAB): JK$ OFFICE & SHOWROOM JK !K +JK!K+ R Z a_,*'b *#%' 'Z%! C K !+RZ  ))'%((+*+$,&((+,+%,%))##$&%,! Z K , RQRWC AL ASMAKH TOWER (WESTBAY): C + KKQ  K RRZ %'  JK  Z K , ,K !K+JK!K+ R Za_,*'b((*#$*%'((,& , JK !K +JK!K+ R Z a_,*'b REGENCY PEARL 3 (THE PEARL): R K !+RZ R,  )*(+&&,,'%))((+,(,()! Z &&#&**&+! Z ,C ,KRRZ%' R ,   ,  JK !K +JK!K+ R R Za_,*'b*#%'))'%((+*+$,&((+,+%,%))## REGENCY BUSINESS CENTER 3 (GRAND HAMAD Za_,*'b&&(%$*$&))##$&%,((+(#'$&((('$)#+ REGENCY RESIDENCE MUSHEIREB 7 (MUSHEIREB): KKQ R, $&%,((*#$*%'! Z JK$ STREET):  ))##')&)! Z K RRZ %' ,  JK !K +JK!K+ R R,QKJK!K+JK!K+ R REGENCY PEARL 1 (THE PEARL):JKR VILLA D`ESTE 1 (AL WAAB):RK( Za_,*'b((*#$*%'((,&)*(+((+,#')%))##')&) Z a_,*'b &#&, (%+* &&() *$() (((' $)#+ ! Z , Z! ! Z  K !+RZ R ,  KK K !+RZ ,KRRZ%', R,KRRZ%' REGENCY RESIDENCE AIRPORT 1 (DOHA AREA): REGENCY BUSINESS CENTER 2 (CORNICHE):  JK !K +JK!K+ JK$ R Za_,*'b*#%'))'%((+*+$,&((+,+%,%))##  JK !K +JK!K+ R KKQ R, , Za_,*'b&&(%$*$&))##%&,'))##%&()(((%)$'# , K!+RZR, R, Q K  JK !K $&%,! Z,$ Q K RRZ %'  ! Z JK !K +JK!K+ R Z a_,*'b &&() *$() +JK!K+ R Z a_,*'b &#&, (%+* &&() *$() REGENCY PEARL 2 (THE PEARL):JKR &#&,(%+*))##')&)((($%*&'! Z ))##%&,'! Z , VILLA D`ESTE 1 (AL WAAB):RK& K !+RZ R ,  KK Z! SALWA ROAD OFFICES: ! _ $ JZ $% ,KRRZ%', K !+RZ KKQ $)' $,' 7 % R  JK !K +JK!K+ REGENCY RESIDENCE AIRPORT 1 (DOHA AREA): R,KRRZ%' RK% KKQ JK !K +JK!K+ R Z a_,*'b ((+, R Za_,*'b*#%'))'%((+,+%,%))##$&%,((+( , K!+RZR, #'$&! Z,  JK !K +JK!K+ R #%#*! Z Za_,*'b&&(%$*$&((+,(,()((+,#')%))##')&) Q K RRZ %'  JKR JK !K +JK!K+ R Z a_,*'b &&() *$() REGENCY PEARL 1 (THE PEARL): ! Z &#&,(%+*((+,+%,%))##$&%,! Z REGENCY BUSINESS CENTER 2 (CORNICHE , STREET): KKQ R, K !+RZ R ,  KK VILLA D`ESTE 2 (AL WAAB):RK& , ,KRRZ%', Z! R,QKJK!K+JK!K+ R  JK !K +JK!K+ REGENCY RESIDENCE AIRPORT 2 (DOHA AREA): R Za_,*'b((+*+$,&((+,+%,%))##$&%, K !+RZ R K % Z a_,*'b &#&, (%+* &&() *$() (((' $)#+ ! Z ! Z, R,KRRZ%' ,K!+RZR   JK !K +JK!K+ R , K RRZ %'  REGENCY PEARL 2 (THE PEARL):JKR Za_,*'b&&(%$*$&((($%*&'((+,+%,%))##$&%, JK !K +JK!K+ R Z a_,*'b &&() *$() OFFICE COMMERCIAL BUILDING: KKQ , ! Z &#&,(%+*((+(#'$&&&'&&$)+! Z R,CQ_%J$$'RJK K !+RZ R ,  KK !K +JK!K+ Z a_,*'b ((+, #%#* '''+ ($$$ ,KRRZ%', AZGHAWA COMPOUND (AZGHAWA): R '#'$#*%(! Z  JK !K +JK!K+ K' Z & REGENCY RESIDENCE AIRPORT 3 (DOHA AREA): R Za_,*'b*#%'))'%((+,+%,%))##$&%,((+( JK% SHOPS #'$&! Z, K!+RZR , K !+RZ K ,KRRZ%' ,KRRZ%' J-COMPLEX: Brand New Commercial Building (Umm Salal REGENCY PEARL 1 (THE PEARL): Fully furnished 1 JK!K+JK!K+ R Za_,*'b JK !K +JK!K+ R Z a_,*'b &#&, (%+* Mohammed). KK RZ,, &&%, '&%$ ((+, #')% ))## ')&) ((($ %*&' ! Z &&()*$()))##%&,'))##%&()! Z JK !K +JK!K+ R Z a_,*'b ((($%*&' K!+RZR  (((%)$'#! Z