Business Diversification

Al Sraiya ISSUE 9 Holding Group MAY - 2019

Al SraiyaInternal Magazine

ZUBLIN International Staybridge Suites Humanis Medical Al Sraiya Holding Qatar L.L.C Signs New Doha Lusail Opens New Company Under Opens Hasoob Security Project with Public it's Doors AL Sraiya Systems Works Authority

BUSINESS DIVERSIFICATION

www.alsraiyagroup.com CONTRACTING STARTS HERE

ACHIEVE YOUR VISION WITH US

By assembling the experienced construction management organization and utilizing the numerous construction equipment & fabrication resources of its parent company “Al Sraiya Holding Group”, ASTC provides efficient and cost effective services to clients, especially in residential, commercial, industrial, infrastructural and landscaping construction works.

Doha - Qatar, P.O Box 3082 Tel: +974 44411800 / +974 44411808, Fax: +974 44442264, Email: [email protected] www.alsraiyacontracting.com Table Of Contents

Qatar’s Budget 2019 His Highness the Amir issued 4 36 the 2019 Budget Law. p. 4

Simsima, the biggest producer of cement products in Qatar. p. 10

IFP The Middle East's lead- News Latest ing trade fair organizer. p. 16 Al Sraiya Opens New Company Mega Contracting is 40 Hasoob Security ASTC p. 18 Systems p. 48

Consequences of badly designed BLOG buildings p. 24 The Power of a Holding Company p. 60 ZUBLIN International Qatar L.L.C signs new project with Public Top 5 Fastest Growing Works Authority Staybridge Suites Industries in the World p. 65 p. 38 opens its doors in Lusail, Doha p. 40 38

Al Sraiya Opens New Company 33 Humanis Medical p. 44 44 004 QATAR BUDGET 2019

HIS HIGHNESS THE AMIR ISSUED THE 2019 BUDGET LAW:

• The State budget is forecast to achieve a QR4.3bn surplus. • Expected revenues are based on an oil price assumption of $55/barrel. • Major Projects are allocated 43.3% of total expenditure. • New projects worth QR48bn will be awarded in 2019. • QR12bn is allocated over 5 years to develop new housing for nationals. • Funds are allocated for the expansion of Hamad International Airport, with a total cost of QR10bn

* Article Source: https://www.mof.gov.qa/en/Pages/Data2019.aspx 

AL SRAIYA HOLDING INTERNAL MAGAZINE 005 QATAR BUDGET 2019

HIS HIGHNESS THE AMIR SHEIKH TAMIM BIN HAMAD AL THANI, HAS ISSUED LAW NUMBER (23) OF THE YEAR 2018, ENDORSING THE STATE BUDGET FOR 2019 THAT WILL COMMENCE ON JANUARY 1, 2019. THE BUDGET FORECASTS A SURPLUS OF QR4.3BN, THE FIRST BUDGET SURPLUS IN 3 YEARS.

ASH / ISSUE 9 / MAY 2019 006 BEHIND THE SCENES

In 2019, new Healthcare Sector Education Sector The allocation for the health sector is The education sector is allocated projects with QR19.2bn in the budget, representing QR22.7bn, representing 11.0% of the total 9.3% of total expenditure. Major projects expenditure. Major projects to improve a total cost of in the education sector include: QR48bn are health care services include: • Facilities for the medicine, pharma- expected to be • Expansions in Hamad Medical Cor- cology, engineering and law schools poration facilities at Qatar University awarded out of a • National Laboratories premises • Other Qatar University facilities (student housing, new lecture halls • The completion of new 4 health and Al Rawdah premises) portfolio of com- centres (Al Wajbah, Meither, Qatar • Expansion in the Community College University and Alwaab) mitted projects • Ministry of Education headquarters • Commencing construction of 5 new • Two new schools for Qatar Academy health centres (South of Wakrah, worth QR 421bn. • The establishment of other new Al Mashaf, Al Saad, Al Khor and Ein schools with a total cost of QR6.8bn These new proj- Khaled) over 5 years ects will boost economic growth in the country, especially in non-oil sectors.

AL SRAIYA HOLDING INTERNAL MAGAZINE BEHIND THE SCENES 007

INFRASTRUCTURE TRANSPORTATION AND HOUSING AREAS PROJECTS COMMUNICATIONS SECTOR The 2019 budget includes allocations for Infrastructure projects are allocated the development of new housing areas

QR33.0bn, 16.0% of total expenditure. The for nationals, including the provision of The Transportation and Communications sectors covered include road, water, elec- roads, water, electricity and sewerage sector is allocated QR16.4bn, 7.9% of tricity and sewerage networks, along with networks. The plan to provide new hous- other public facilities. The main infrastruc- total expenditure in 2019. Most of the al- ing areas for nationals will cost QR12.0bn ture projects under construction include: locations will go to the Rail project, Doha over 5 years. New land areas will be Metro, while QR1.0bn was allocated for distributed to nationals gradually after • Al Bustan Highway the expansion of Hamad International the completion of required infrastructure, • Al Rayyan/Dukhan Road Airport as part of a wider plan worth according to the approved timetable. • Al Khor Coastal Road QR10.0bn to enhance the capabilities • Al Furousiya Road of the airport to offer the best avia- North Road • tion and cargo services. There are also • Wakrah Expressway funds assigned to Qatar Public Trans- • Wakrah Bypass portation Program, which is expected • Lusail Expressway to cost QR3.0bn in 2019-2021. The main • Expansions in the water and electricity networks transportation projects under construc- • Development of new housing areas tion include: for nationals • The Rail – Doha Metro (allocations of QR12bn) • Lusail Light Train • Qatar Public Transportation Program • Hamad International Airport expansion https://www.mof.gov.qa/en/Pages/Data2019.aspx

ASH / ISSUE 9 / MAY 2019 WE SET STANDARDS IN CONSTRUCTION PROJECTS WORLDWIDE

SERVICES OFFERED: • Turnkey Construction • Environmental Engineering • Construction Engineering • Development and Operation • Structural Alteration • General Services Works-Revitalization • Noise Protection Systems • Construction Maintenance • Timber Construction • Tunneling • Chimney Construction, • Ground Engineering Refractory Construction and • Steel Engineering Technical Insulations

ZÜBLIN MAINTAINS A STRONG POSITION IN THE GERMAN AS WELL AS THE INTERNATIONAL CONTRACTOR MARKETS.

WWW.ZUEBLIN.DE MEMBER OF AL SRAIYA HOLDING GROUP WELCOME TO YOUR PARTNER FOR INTERNATIONAL CONSTRUCTION OPERATIONS IN MORE THAN 60 COUNTRIES WORLDWIDE

• Civil engineering works • Supply and placing of asphalt products • Road construction • Pipeline, plant, steel and mechanical engineering works • Government and non-government infrastructure • Import and export of material and equipment development projects • Project management • Tunneling and pipe jacking • Dams • Ground engineering • Railway Constructions • Piling works and demolition works • Airport Pavment Construction

WWW.STRABAG-INTERNATIONAL.COM 0010 EDITORIAL

THE BIGGEST PRODUCER OF CEMENT PRODUCTS IN QATAR

PRODUCTS:

CONCRETE BLOCKS

INTERLOCKING

CONCRETE PAVERS

SHOT BLAST PAVERS

CONCRETE TILES

Simsima Tiles, Blocks and Interlock Factory is part of Al Sraiya Holding  Group; it was established in 1985 as a specialized company in the production of cement products.

AL SRAIYA HOLDING INTERNAL MAGAZINE EDITORIAL 0011

Simsima Cement is a proud dedicat- State of the Art. Simsima uses ENCOURAGE & ed, professional and highly trained advanced German technology, SUPPORT INNOVATION team of experts, who fully conform all products have passed Products come in a range of dif- to local and international safety stan- Governmental requirements and ferent colors and sizes and are dards. Their knowledge and exper- tests and have been awarded the designed to be part of the fabric of tise is always fully deployed to fulfill corresponding certificates. everyday life. In order to manufac- clients’ specific requirements. ture market quality cement products Owns the biggest delivery fleet in to the satisfaction of customers, Qatar. Simsima’s transportation fleet investment has been allocated to includes 14 Trailers and 22 Six Wheel advanced plants equipped with the Nissan UD with cranes for offloading latest apparatuses that are operated the blocks as per customers’ wishes. by skilled operators and workers. In addition, Simsima’s in-house laboratory contains advanced materials Simsima products are certified by testing equipment to ensure all the Ministry of Environment as per products undergo stringent quality Qatar’s standards. control tests before delivery.

ASH / ISSUE 9 / MAY 2019 EDITORIAL

WE ARE PROUD TO ANNOUNCE THAT SIMSIMA WAS THE MAIN SUPPLIER OF INTERLOCK IN DOHA CORNICHE DEVELOPMENT PROJECT.

CONCRETE BLOCKS BECAUSE

INTERLOCKING QATAR CONCRETE PAVERS DESERVES

CONCRETE TILES THE BEST!

www.simsimacement.com SPECIAL PRODUCTS P.O. BOX: 3082 Doha-Qatar T: +974 4450 1089 F: +974 4450 6519

AL SRAIYA HOLDING INTERNAL MAGAZINE EDITORIAL 0013

SIMSIMA TILES BLOCK & INTERLOCK FACTORY MEMBER OF AL SRAIYA HOLDING GROUP, HAS BEEN SUCCESSFULLY AWARDED THE

ISO 9001, 14001 & 18001 Standard Certification

ASH / ISSUE 9 / MAY 2019 0014

Qatar is forging ahead introducing 3 new dedicated product PROJECT WITH AN with its construction zones: QATAR AMBITIOUS agenda. The country Smart District: A specialized platform for smart solutions and technologies projectqatar.com is expected to award Lighting Tech: A specialized platform Project Qatar Project Qatar VISION AND $85bn worth of for lighting technologies, products, planned projects in and smart lighting solutions Interior Fit A CLEAR the coming years, Out: A specialized platform for interior offering construction and fit-out materials, applications, and ROADMAP TO technologies BUILDING professionals abundant DIVERSIFY THE business opportunities. Project Qatar 2019 also offers a series of workshops and training programs Building upon robust investment and to help professionals working in the TODAY ECONOMY Qatari market update their skill set and trade potential in Qatar’s vibrant AND BUILD construction market, Project Qatar, the knowledge and promote best practices FOR THE International Construction Technology for the improvement of Qatar’s and Building Materials Exhibition, returns construction sector. 14 CITIES OF THE for its 16th edition to bridge the gap 15 FUTURE QATAR between investors, suppliers and major Powered by the National Tourism FUTURE project owners and buyers in Qatar. Council of Qatar (NTC), Project Qatar Construction, Material Bolstered by 15 years of experience is introducing the Hosted Buyers & Equipment in the Qatari market, Project Qatar is Program this year to facilitate business

16TH EDITION 29 APRIL - 1 MAY 2019 Doha Exhibition & Convention Center

DAILY SHOW TIMES: 12 PM TO 9 PM

the country’s exclusive international undertakings and maximize return on trade fair that brings construction and investment for participants, through all related industries under one roof. expansion of their business networks The exhibition attracts leading brands and signing agreements on the spot. from around the world and connects industry professionals to high-ranking Following its successful debut at decision makers in Qatar, making Project Qatar 2018, the Future Projects way for lucrative partnerships and Qatar Conference returns this year agreements. with new keynotes, presentations and panel discussions by leading Project Qatar 2019 is a one-stop- industry specialists, covering the latest shop for all the requirements of the developments, new opportunities, and construction sector. The exhibition is projects in Qatar’s market. held concurrently with Heavy Max, the 16th International Exhibition for Heavy Project Qatar is held from 29 April to 1 Machinery, and Qatar Stone Tech, May 2019 at the Doha Exhibition and the 7th International Stone and Stone Convention Center. Technology Show. For more information visit Keeping up with emerging opportunities www.projectqatar.com in the industry, Project Qatar is

AL SRAIYA HOLDING INTERNAL MAGAZINE 0015

16TH EDITION 29 APRIL - 1 MAY 2019 Doha Exhibition & Convention Center

DAILY SHOW TIMES: 12 PM TO 9 PM

ASH / ISSUE 9 / MAY 2019 0016 EDITORIAL

IFPIFP Qatar is part of IFP Group, the Middle East's leading trade fair organizer and a member of Al Sraiya Holding Group.

In the last 34 years, IFP has organized over 480 international trade fairs and conferences throughout the region, and has established a client base of more than 35 governments and hundreds of international companies and trade associations. QATAR

IFP works across a wide range of sectors and has delivered the region's most important events. The company's international trade fairs are designed to be ideal and dynamic platforms for foreign and local companies doing business in the Middle East and seeking exposure to top regional buyers and decision-makers.

AL SRAIYA HOLDING INTERNAL MAGAZINE EDITORIAL 0017

The unique blend of services enables both participants and visitors to reach qualified buyers and key decision-makers, generate new leads, and gain solid access to Middle East's lucrative markets.

IFP's leading events are all certified by UFI, the Global Association of the Exhibition Industry. UFI approved events are reserved for exhibitions of high quality that meet or exceed internationally recognized standards of organization.

For more info, please visit www.ifpqatar.com

www.ifpqatar.com

ASH / ISSUE 9 / MAY 2019 EDITORIAL

‘MEGA CONTRACTING STARTS HERE, ACHIEVE YOUR VISION WITH US’ IS A STRONG SLOGAN FROM A STRONG COMPANY WHOSE REPUTATION LIVES UP TO IT. ASTC MAKES CONSTRUCTION VISIONS A REALITY, WITH LENGTHY EXPERIENCE AND ACCOMPLISHMENTS ACROSS MORE Mega contracting is: THAN FOUR DECADES TO PROVE IT. Al Sraiya Trading and Contracting

(ASTC).

Everything you could possibly need in a con- Coast Guard Stations tracting company and a trading company, ASTC The prominent Qatari contracting company has all of the material, labor, equipment, man-power, specialized people, divisions, and resources necessary for all types of construction projects has all under one roof. no matter the size or domain.

AL SRAIYA HOLDING INTERNAL MAGAZINE EDITORIAL 0019

ALL-IN-ONE DIVERSE

Construction projects entail a huge ACTIVITIES Lusail – Staybridge Hotel of amount of components. A client, a the InterContinental Hotels project, a contractor, subcontractors For a big trading and contracting Group. Civil construction and trade contractors for specified company, diverse construction projects projects include road projects phases. It is a combination of various stem from governmental and private like the new Izghawa link companies combining their efforts of clients, road works, earth movement roads, road developments in specialization for a high quality build. studies and buildings. ASTC paves the north and south Al Wakrah, A mega contracting company however way with the successful completion of internal roads at Al Manaseer and road improvements in is all a client needs communication some of Qatar’s largest works across Zone 64. ASTC is also classified with. For example, Al Sraiya Trading the various domains.

National Health Laboratories and Contracting, under Al Sraiya Projects include astoundingly large by the state’s central tender Holding Group, provides a complete and luxurious commercial resorts committee as a Grade A range of construction solutions which such as Zulal Destination SPA and company which allows ASTC include supply and installation works, 5 Star family resort, the National to extend its services to preparation of designs, drawings, Health Laboratories - an undergoing engineering procurements, and execution of turn-key projects in that will make Qatar the leading testing & commissioning as the field of building construction and health system in the Middle East, and well as startup services. services. It is a complete construction prestigious constructions such as the creator, from start to finish. residential tower at Marina District

ASH / ISSUE 9 / MAY 2019 0020 EDITORIAL

COST EFFICIENT EQUIPMENT

By assembling the experienced AND IN-HOUSE = construction management, FACILITIES organization, providing total construction solutions and ASTC owns a fleet of equipment that range of services, along with include excavators, loaders, graders, The strength of ASTC the utilization of numerous trucks and trailers as well as a full- originates from its construction equipment & fledged service garage and mobile extensive army of skilled fabrication resources of its maintenance team to cater to the manpower (2700+), parent company ‘Al Sraiya contracting division with maximize alongside its grand Holding Group’, efficiency. Other in-house facilities team of professionally such as carpentry, steel and aluminum ASTC provides efficient and cost fabrication workshops as well as an trained managers and effective services to clients, especially interior fit-out and soft landscaping engineers. in residential, commercial, industrial, divisions are conveniently available to infrastructural and landscaping enhance operations and productivity construction works. throughout all diversified activities.

Zulal Destination Spa and Five Star Resort

AL SRAIYA HOLDING INTERNAL MAGAZINE EDITORIAL 0021

SITE MANAGEMENT

It is all made possible by superior organization and site management.

It requires professionally experienced and exceptional project managers to implement a stable and structured system to ensure maximum efficiency in a timely manner. Having been in the industry for 44 years with ever increasing and successful accomplishment, ASTC is an example of how all divisions of construction projects come together smoothly in the hands of their project managers. Hamad Medical Hospital - Nurses Center

CONSTRUCTION IS AN IMMENSE UNDERTAKING AND INVESTMENT THAT REQUIRES GREAT ORGANIZATION WITH STRONG VALUES, MANAGEMENT OF HIGH- GRADE WORK ETHIC, SKILLFUL SERVICES, MAN-POWER AND PRODUCTS TO GET THE JOB DONE.

Under the leadership of the Chairman Mr. Nasser Rashid Sraiya Al Kaabi, ASTC has successfully prospered and gained positive recognition. Moreover, Vice Chairman Mr. Rashid Nasser Sraiya Al Kaabi and Executive General Manager, Engineer Antoine Georges Saade have both contributed with their experiences and efforts to the rising development of ASTC.

Rayyan Municipality Headquarter

ASH / ISSUE 9 / MAY 2019 0022 EDITORIAL

Barwa Commercial Avenue

Together they direct and over- ISO CERTIFIED ASTC has re- look the professional team of ceived ISO certification for: Architects, Engineers, Project • Environmental Management Managers, Cost Analysts, System for provision of Civil, Business Professionals and Electrical, Mechanical, Plumbing the provision of the necessary Works for Construction of Residential Building, Commercial skilled workforce to do the Building, Road Works Including tasks on site. Infrastructure Works.

• Occupational Health and Safety An extensive army of engineers Management Systems for and administrative staff equating provision of Civil, Electrical, to 2700 persons, 533 construction Mechanical, Plumbing Works machineries and equipment, and for Construction of Residential = the effective coordination with Building, Commercial Building, sub-contractors and suppliers Road Works Including for major architectural finishing Infrastructure Works. For a comprehensive list of materials, Al Sraiya Trading and • Quality Management System ASTC projects see below. Contracting is the perfect example for provision of Civil, Electrical, www.alsraiyacontracting.com of a trading and contracting Mechanical and Plumbing company that combines quality, Works for Construction of Ibn Seena street, Muntazah, Doha - Qatar reliability and expertise in services. Residential Building, Commercial T: 44411800/ 44411808 Building, Road Works Including (Ext: 237/278), Fax: 44442264 Infrastructure Works. E : [email protected]

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Take advantage of the 13 innovative Next Generation meeting rooms, which inspire creativity and collaboration with their flexible workspaces, our hotel spa, HIMAPHAN, or our fitness center and indoor pool. The hotel’s prime location near the Marienplatz makes it easy for you to discover Munich. Brilliant travel begins from here, at The Marriott Hotel, Munich, Germany.

Berliner Strasse 93, Munich 80805 Germany +49 89 36002 www.marriott.com 0024 BLOG

Consequences of Badly Designed Buildings

Bad design, lack of quality control • The strength of the structure is • The use of defective and and standards, cutting costs, time not able to hold or support the damaged materials is another, pressure, and negligence open up weight/load. This can be due to such as concrete that has for infrastructural failures that have its size, shape, materials, which expired or improperly stored. consequences of massive economic can lead to stress beyond its This type of failure is also critical stress level. unpredictable. costs and loss of life.

• The second type of failure • Lack of maintenance and What happens when construction is from fatigue or corrosion, improper use of the structure goes cheap and cutting costs caused by instability in the due to lack of knowledge- for becomes the highest priority? When structure’s geometry, design example how much weight details aren’t paid attention to or material properties. These it was designed for, or using by those that are meant to check failures usually begin when a residential property as all standards of quality are met? cracks form at stress points commercial with heavy Disaster. As economies fluctuate, and grow under repeated stress machinery. material costs increase, time and unloaded until it reaches pressure, and negligence all come a critical length that causes into play, societies have seen the sudden fail under normal loading conditions. consequences of buildings and infrastructure collapse causing • The third type of failure is massive damage. caused by manufacturing errors, including improper selection What is Structural of materials, incorrect sizing, failure? There are improper heat treating, failing to adhere to the design, or different reasons why a bad workmanship. This type of structure may collapse failure can occur at any time and is usually unpredictable. or fail though usually it comes down to five main categories.

AL SRAIYA HOLDING INTERNAL MAGAZINE BLOG 0025

Structural Failures

Here are a few examples of recent years’ structural failures disasters and the consequences that sparked international concern, prison sentencing, and call to stringent quality standard regulations, checks and improvements.

2017 Grenfell Tower 2013 Savar building collapse or Rana Plaza collapse This 24-story high-rise tower in west London caught fire and spread incredibly fast throughout the The structural collapse of the eight-story residence building due to the type of cladding used commercial building Rana Plaza that occurred in which failed to comply with quality standards and the Savar Upazila of Dhaka District, Bangladesh, previous warning signs. A flammable cladding was was deemed the deadliest structural failure in used during the renovation. Multiple checks had been modern history. Built with substandard materials done by quality control agents who for some reason and quality standards, regulations. Murder charges had cleared the illegal materials used for a building of were filed against 41 people and 14 cases filed for such height. faulty design.

Death toll: 79 Injured people: 2,500, death toll: 1,134, 2015 and 2017 Dubai’s Marina The direct reasons for the building Tower problems were:

Within two years the 79-storey skyscraper residence • Building built on a filled-in pond which compromised building in Dubai caught fire twice. The design and structural integrity structure of the building allowed firefighters to safely • Conversion from commercial use to industrial use put out the fire and evacuate all people, however the economic cost was high and reputation of what • Addition of three floors above the original permit was once the tallest residential building was called • The use of substandard construction material into question. According to the fire engineering (which led to an overload of the building structure consultancy Tenable Dubai the fire along with the aggravated by vibrations due to the generators). other blazes in the city that had happened, spread quickly because of the type of external cladding. 2007 Bridge Over Minnesota Interstate Collapse. 1995 Sampoong Department

Store collapse. The eight-lane interstate highway bridge, built in the

1960s, collapsed into the Mississippi River during A five story department store in Seoul, South a phase of repair. It was determined that due to a Korea, collapsed due to a poorly built structure. An design flaw that couldn’t hold the extra weight of air-conditioning unit installed on a weakened roof the concrete being added during the repair. caused damage and collapse. Negligence led to a high death toll. Death toll: 13, with an excess of 50 vehicles dropped into the river. Death toll: 502, trapped: 1,445

ASH / ISSUE 9 / MAY 2019 0026 BLOG

Millionaires & Meditation

Emotions are the human struggle. When it comes to professional life, having control over ones emotions is vital. So how do people Meditation dominate their professional life even with ever growing levels of is a simple stress and work hours? practice that is about training the mind's control over its emotions, its about finding stillness in the chaotic world.

Questions and surveys have been fields including for example Ford asked and answered by lists of Motor Company chairman Bill Ford = top executives, millionaires and and former Google.org director Larry billionaires who have made it to the Brilliant as well as the billionaire top with much success. A common Oprah Winfrey Chairwoman & CEO, activity many of them do and Harpo Productions, Inc. recommend is meditation. "So meditation, or What has come of those major Much scientific evidence has shown players in high positions in Fortune mindfulness practice, meditation to have positive effects 500 companies like Google, Apple, it's really about, to me, on the brain’s emotion central the AOL who swear by the usefulness amygdala, which is responsible for of the mindfulness practice is that decreasing emotional emotions, flight and fight responses it has now been passed into those and memory. It has been concluded companies as classes for employees reactivity so you can by the National Institute of Health to benefit from. proactively create your day and the American Heart Association that daily meditation can lower a Anyone can do it. It is a skill that can and create your life; versus, patient’s blood pressure and stress be improved and practiced, a workout levels. This is coupled with the fact for emotional control, a muscle that just being a walking reflex that meditation is a technique that can be built up. The corporate world has been around for a very long time has been soaking it up and realizing that sometimes messes up," and used throughout the different its advantages through its leaders cultures attesting to its efficacy. and employees. Meditation not only lowers stress levels, it can improve Tim Ferriss Given that there are various versions cognitive functioning, creative of meditation used, secular (non- thinking, and productivity as well as bestselling author and podcast. religious) versions have reached help improve physical health which is the West and have become popular everything the business world needs. among all types of people. This extends to high performers in all

AL SRAIYA HOLDING INTERNAL MAGAZINE BLOG 0027

Here is a short list of • Jeff Weiner LinkedIn CEO • Michael Jordan Famous millionaire moguls who use designates time each day to Basketball athlete and NBA meditation: practice – meditates for clarity, franchise owner – meditates for compassion, peace and health. focus.

• Bill Ford Chairman of Ford • Jerry Seinfeld Comedian, actor, • Clint Eastwood Famous Motor Company - meditates for producer, head writer, editor award winning actor and compassion. and more of the Seinfeld show director – meditates for stress – meditates for productivity. management. • Larry Brilliant CEO of the Skoll Global Threats Fund and former • Ray Dalio Founder & Co-CIO, • Paul McCartney The former director of Google.org. Bridgewater Associates USA, Beatles member practices the world's largest hedge fund meditation regularly and the • Oprah Winfrey Chairwoman & – meditates for mental clarity method previously provided CEO, Harpo Productions, Inc. and creativity. inspiration for his music. and major influencer even

has a meditation center with • Padmasree Warrior Ceo NIO Deepak Chopra, the meditation U.S, former Cisco Systems chief Guru, to educate others on the technology and strategy officer art of meditation. - meditates for peace of mind.

5-Step Meditation for Focus:

One of the simplest methods of mindfulness meditation is to focus on your breath.

1. To do this all you need to do is to sit comfortably – at your work desk for example.

2. Close your eyes.

3. Take deep natural rhythmic breaths. Count 1 as you breathe in, 2 as you breathe out, and make it all the way to 10.

4. Focus only on your own breath, the air flow, the sound and feel of your heart beat, tune out anything else.

5. Once you reach 10, go ahead and do it another time. This easy meditation method allows you to break from all that is around you, ground yourself, and is great for focus.

ASH / ISSUE 9 / MAY 2019 0028 EDITORIAL

Events Contractors & Exhibition Display Services

An attractive and informative exhibition display stand is the key to attracting high-value clients and customers. Part of the IFP Group, Circle Qatar Ltd. has 30years of experience in the industry, and with an in-house design unit, production facility and warehousing for exhibition systems and stocks, giving it the competence to accommodate any inquiry and to deliver quality on budget and on time.

With 100plus dedicated professionals and technicians of international, regional and local experience, the company = has a broad base of expertise. Offered are comprehensive services that include the generation and implementation

Taking pride in exhibition display of floor plans, electrical plans, running and installation of cabling and DBs, the supply and fixing of exhibition quality stands customers will want to visit carpeting, designing and building system and customized again and again… stands, as well as maintenance service during your events.

AL SRAIYA HOLDING INTERNAL MAGAZINE EDITORIAL 0029

Circle Qatar is a leading provider in exhibition stand design, and contracting services, and event implementation management.

Services

Circle Qatar is specialized in the conceptualization, design, fabrication and installation of:

• Display Systems • Stands for trade fairs • Furniture Rentals • Large-scale events • Commercial, corporate and private expositions • Project contracting

ASH / ISSUE 9 / MAY 2019 0030 EDITORIAL

A Global Distributor

Tawrid represents and partners with prominent international suppliers from  Europe and Asia to offer its clients the latest technologies and applications in Our carefully selected and diverse range of products reflects the specific construction machinery and industrial needs of the Qatari market. plants. Working alongside it’s partners ensures a continuous commitment to its markets and clients.

AL SRAIYA HOLDING INTERNAL MAGAZINE EDITORIAL

Tawrid’s insistence on professionalism and meeting the need for constantly high-level innovative and customer-oriented strategies guarantee customer satisfaction. To ensure customers’ investments yield maximum profit, innovative solutions are consistently worked for by working closely and meticulously with both clients and suppliers and cater to all needs.

TAWRID Qatar WLL is representative of several prestigious corporations in the field of concrete & asphalt plants, concrete placing booms, concrete cooling plants, concrete recycling plants, lifting equipment, building maintenance units, generators and related parts and services.

SERVICES OFFERED:

• Concrete • Concrete Elements • Concrete Cooling System • Handling Equipment • Power Generation Equipment • Road Development • Services and After Sales • Bulk Solids Handling and Processing • Added Value Services

P.O. Box 3082 Doha, Qatar,Doha Industrial Area, St. 11, G.143 T. +974 4441 8750 | F. 4436 1591, Email: [email protected] www.tawridqatar.net FIVE-STAR CATERING SERVICE TO

MAKE YOUR SPECIAL OCCASION AN

EXCEPTIONAL EXPERIENCE

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FOR RESERVATIONS CALL: +974 4424 7777

[email protected] Jawaan Street, Al Sadd, P.O.Box: 24249, Doha - Qatar www.millenniumhotels.com

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AL SRAIYA HOLDING INTERNAL MAGAZINE YOU DO CONSTRUCTION WE DO

A 21ST CENTURY COMPANY SERVING CLIENTS IN QATAR & THE MIDDLE EAST

Aleph is a leading provider of printing services and publishing. It addresses the specialized segment of commercial printing where quality and responsiveness to customer needs are of the highest importance.

ALEPH QATAR PRINTING & GRAPHIC DESIGN

P.O.Box 40614, Industrial area, St. 37, Gate 186, Doha-Qatar | Tel : 44697075, Fax: 4469 7678 Email : [email protected]

ASH / ISSUE 9 / MAY 2019 0036 LATEST NEWS

THE GROUPS LATEST NEWS Staybridge Suites Opens its Doors in Lusail

AL SRAIYA HOLDING INTERNAL MAGAZINE LATEST NEWS 0037



Staybridge Suites Doha Lusail Opens its Doors

Humanis Medical New

Company Under

Al Sraiya

Al Sraiya Holding

Opens a New

Company – Hasoob

Security Systems

ZUBLIN International

Qatar L.L.C signs new project with Public

Works Authority

ASH / ISSUE 9 / MAY 2019 LATEST NEWS

ZUBLIN International Qatar L.L.C signs new project with Public Works Authority

Project Duration 910 days followed by a 365 days Defects Liability Period (maintenance period). Doha, Qatar, Züblin International Qatar L.L.C. has signed in January 2019 with the Public Works Authority (ASHGHAL), Drainage Affairs Department, the Project C834, a Design and Contract Value EUR 113,224,431.00 Built Infrastructure Project called “Doha South Transfer Pumping Commencement date 03rd February 2019 Station and Regional Odour Control System (DSTPS_OCS)”. Completion date 31st July 2021

AL SRAIYA HOLDING INTERNAL MAGAZINE 0039

1. Screen Shaft; to a depth of 4. Connections to IDRIS Main 50m below existing ground Trunk Sewer Line Shaft level and with an outer diameter of the shaft of 5. 2×1600-mm-ID shaft approx. 26m connections between Screen Shaft and Terminal

2. Terminal Pump Station (TPS) Pumping Shaft Shaft; to a depth of 50m 6. 2×1400-mm-ID rising mains below existing ground level between Terminal Pumping and Diameter of approx. Station to the nearby and 37m, with a future peak existing Doha South Sewerage pumping capacity of The Works include the Treatment Plant design, procurement, approximately 510 MLD construction, testing, (or 5,903 l/s) 7. Ancillary buildings commissioning, completion and facilities and defects correction of 3. Regional Odour the following: Control Facility 8. Power supply

ASH / ISSUE 9 / MAY 2019 0040 LATEST NEWS

STAYBRIDGE SUITES = HOTEL, PART OF Staybridge INTERCONTINENTAL HOTELS GROUP, IN LUSAIL, DOHA, HAS Suites opens OPENED ITS DOORS. its doors in Lusail, Doha

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True to the Staybridge brand, new Staybridge Suites Doha Lusail offers the stylishly designed hotel modern serviced apartments for guests offers fully equipped serviced looking for a home away from home. studios, as well as two and Extended stays along with a fitness three bedroom apartments. center, swimming pool, entertainment hub and complimentary Wi-Fi, make Strategically located just 15 minutes from it the perfect place for professionals downtown Doha and a 30-minute drive and families who stay in the rapidly from Hamad International Airport, the developing business district of Lusail.

Staybridge Suites Doha Lusail, your social living space in ultimate comfort.

‘Step into your social living space and Staybridge Suites Doha The first Staybridge Suites Doha check in at home as you enter the Lusail pampers its residents Lusail is designed by Cesar Celli Staybridge Suites Doha Lusail.’ From with personalized and (Petronas Towers) and offers 119 the funky colors at the reception to intuitive service and friendly modern serviced apartments for the coziness of the living room and approach, trying always to guests looking for upscale extended breakfast room to the homey feel of the provide discrete assistance stay with a feeling of community apartments; All facilities at the Staybridge and create everlasting and a happy, positive and Suites reflect comfort and warmth. moments for each person. productive atmosphere.

ASH / ISSUE 9 / MAY 2019 0042 LATEST NEWS

GET COMFORTABLE

A place to start the day with a = complimentary breakfast in the Living room and take advantage of the laundry facility or work out in the 24/7 fitness room.

"This is a hotel Stay connected with complimentary where you come WIFI up to 5 Mbps. A place where the to live, rather opportunity to organize a BBQ under than stay." the pergola provides the wonderful occasion to meet neighbours. On-site parking is also available.

AL SRAIYA HOLDING INTERNAL MAGAZINE 0043

LOCATION:

LOCATED IN THE NEW FUTURISTIC CITY OF LUSAIL

Staybridge Suites is the latest addition to the InterContinental Hotels Group portfolio in Doha and is strategically positioned at the beginning of Lusail, 15 minutes away from West Bay, the business district, and 25 minutes away from Hamad international Airport.

• International Airport 29.0km • Lagoona Mall GUEST SUITES: (closest shopping centre) 8km • 119 Suites • Complimentary use of • West Bay Business District 5.1km • 86 One-bedroom Suites gymnasium and outdoor • Golf Club 3.1km • 17 Two-bedroom Suites swimming pool for adults • Ras Laffan City 66.7km • 16 Three-bedroom Suites and kids • Fully equipped kitchens • Expedient meeting room • Al Khor City 39.1km in every suite with prior reservation is • Complimentary wireless available on site internet access • Pantry – convenient store • Complimentary daily to purchase your goods buffet breakfast

ASH / ISSUE 9 / MAY 2019 0044 LATEST NEWS

AL SRAIYA OPENS NEW COMPANY Humanis Medical

WE MAKE HEALTHCARE A PLEASANT AND COMFORTABLE EXPERIENCE FOR PATIENTS, DOCTORS, AND TECHNICIANS.

A passion to introduce innovative technologies to advance and PRODUCT SECTORS improve the healthcare segment in Qatar is what brings the creation of Humanis Medical WLL, a company owned by Al Sraiya Holding, Sujith a. Prevention & Diagnosis prod- Raphael and Maria Pakalomattom. ucts and technology This sector includes medical devices, A collaboration of innovation ease, and efficacy to both consumables and technology that and entrepreneurship for the patients and physicians alike in are required for prevention and healthcare industry of Qatar the complex realm of medicine. diagnosis of diseases. by unique professionals of The medical advisory board longstanding experience, to of physicians and researchers b. Surgical and Clinical Care equip- create, develop, and implement vet every product that is ment and technology new and improved medical undertaken to ensure that all This sector includes equipment and products and solutions. meet the highest standards of The progression of technology safety, quality and efficacy. technology for patient care after sur- today brings more convenience, gical procedures, disease diagnosis, neonatal care etc.

c. Clinical Research The clinical research sector encom- passes everything needed to conduct clinical research to the highest standards. It includes research equipment, consumables, and laboratory systems that determine the safety and efficacy of medications, devices and treatment regimens.

AL SRAIYA HOLDING INTERNAL MAGAZINE LATEST NEWS 0045

HUMANIS MEDICAL

To improve outcomes and paradigms of care by providing

access to new The basis behind Humanis product companies of the world technologies Medical is to bring forward and help them expand into the thinking and advances in medi- Middle East with a special focus and systems, cal technology, solutions, and on Qatar's healthcare sector. all-around care to our society, The extensive background in the boundaries and support Qatar in becoming dealings with the Qatari market and efficiency of the leading healthcare desti- among various sectors includ- nation in the Middle East, in ing primary healthcare and education along accordance with Qatar National pharmaceutical distribution with state of the Vision 2030; By the means of gives Humanis Medical the ex- creating partnerships with lead- perience to achieve this goal. art research. ing healthcare research and

We are here to improve client and patient care and spread = advancement on all fronts of our health system.

ASH / ISSUE 9 / MAY 2019 Presidential Apartments Presidential Apartments is a privately Kensington, owned establishment that opened in 1972 in London Kensington that offers modern, London classic and chic atmosphere.

These hotel apartments are located in Kensington area amongst one of London’s iconic garden squares. It features 100 luxurious apartments, and offers to its clients luxury services including reception and concierge services such as theater tickets, information and assistance of all tourist attractions, in addition to information about restaurant prices and transportation services.

KENSINGTON APARTMENTS 6-12 Barkston Gardens, Kensington London, SW5 OEN Nearest tube station: Earl’s Court +44 (0)20 7373 4040 | 7373 0103 reservations@presidential- kensington.com www.presidentialapartmentslondon.com SEE WHAT A DIFFERENCE A STAY MAKES

EDWARD HOTEL, WITHIN A WALKING DISTANCE TO LONDON PADDINGTON STATION

| www. theedwardhotel.co.uk

ASH / ISSUE 9 / MAY 2019 0048

Al Sraiya Opens New Company Hasoob Security Systems

= Hasoob Security Systems is a technology to consultations on how provider of high-level Security best to operate systems efficiently.

We are committed to the strategic Systems, Commercial Security design and seamless execution Systems, Building Automation, Home The core strength of the security of innovative, state-of-the-art Automation, & other Low Voltage company lays in its dedication to technology security systems that are delivered within budget and Systems. Located in Doha, the investing in its people and products agreed scope. company caters to the hospitality, in order to provide the highest commercial, governmental and level of protection throughout the industrial sectors of Qatar. consistent growth of Qatar.

The company takes pride in Hasoob Security Systems is being able to remove customer approved by the Ministry of anxiety of an unsafe location and Interior (MOI) as a security systems provide them with safe, reliable provider, installer and integrator. and affordable security solutions. All of the equipment is installed Hasoob continuously looks for ways based on inspection, specifications to improve customer satisfaction and best practice of the regulating from providing the newest security body MOI.

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The innovative technology suited to our customer’s needs • SMATV provided is supported by highly and locate the best place to install • Telephone & Data System qualified security specialists, on the premises for those • Audio Video Systems design engineers, service and required needs". • Structured Cabling maintenance professionals who • Access Control Systems Hasoob Security Systems are all furnished with years of • Maintenance Contracts provides complete experience in the integration of • Parking Systems ELV Solutions major systems. • IPTV • CCTV (MOI Approval) • Fire Alarm Systems "We use our knowledge and • Construction Monitoring expertise to select products best Cameras www.hasoobsecurity.com

ASH / ISSUE 9 / MAY 2019 0050

شــركة منتجــات قطــر للســلك ش.م.م. Qatar Wire QATAR WIRE PRODUCTS CO.LLC

GALVANIZED STEEL WIRES FOR VARIOUS APPLICATIONS BY QATAR WIRE PRODUCTS LLC

QATAR WIRE PRODUCTS manufacture & export high quality Hot Dip OUR PRODUCT Galvanized Steel Wires for all kinds of applications like Cable Armor- FEATURES ing, Fencing, Hangers, Spring Wire Mattresses, Nails, Binding Wires, • Hot Dip Galvanized Steel Bailing Wires and Welded Mesh etc. Wirefor Cable Armoring • Hot Dip Galvanized Steel We have a production capacity of 1,500 MT/month. Sizes range 1.25mm Wire Heavy Coated to 4.50mm. We supply to the Local, Middle East and International Mar- • Hot Dip Galvanized Steel kets. As a part of Al Sraiya Holding Group & CLIC National Industries, we Wire Commercial Coated are backed by a strong infrastructural base equipped with computerized • Hot Dip Galvanized Steel and sophisticated machines which produce and maintain the consis- Wire for Fencing Products tency of high quality. • High Carbon Steel Wire for Mattress Spring. With a qualitative range of products we are well known for quick Delivery service, efficient after Sales Service, and our effective and efficient workforce. Our manufacturing facilities in QATAR, KUWAIT & OMAN have allowed us to diversify our various products mix and consistently upgrade our product line to meet the needs of the markets.

P.O. BOX: 23599 Doha-Qatar T: +974 4418 5625, 4418 5698 F: +974 4418 5466

Email: [email protected], [email protected] W: www.qatarwire.com

AL SRAIYA HOLDING INTERNAL MAGAZINE 0051

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ASH / ISSUE 9 / MAY 2019 0052 EDITORIAL

Bin Sraiya 5 BATCHING PLANTS Readymix offers 12 CONCRETE a wide range of PUMPS

70 TRANSIT professional MIXERS services

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Qatari-owned and operated, Bin Sraiya Readymix offers a wide range of professional SUPPLYING services and products to the construction HIGH-QUALITY industry of Qatar. PRODUCTS ON TIME & AT Qatar’s growth into a dynamic modern economy over the latest decade has enabled Bin Sraiya Readymix to COMPETITIVE develop and expand. PRICES

Now operating five concrete By constantly applying the latest batching plants supported by technological and environmental a fleet of 70 transit mixers and innovations to all products, Bin Sraiya 12 concrete pumps, Bin Sraiya Concrete aspires to be the market concrete is fully committed leader in the construction sector as to provide its customers with well as provide inspiration and forward the finest products, with thinking to it's dedicated and skilled use of the highest Quality team of workers. Assurance standards. Ongoing investment in new technology PRODUCTION CAPABILITIES and the application of modern • 5 Batching plants supported business practices means by Ice Plants and Chilled Water Bin Sraiya concrete excels Plants. A total capacity of 600m in the highly competitive per hour output for our combined construction market. plants. • A dedicated team of Production MISSION STATEMENT Staff capable of providing deliveries of quality concrete 24 To build long-term hours a day, 7 days a week. relationships with customers • 12 concrete pumps by delivering a high- Customized mixes blended with • 70 transit mixers supported by personal requirements are offered, quality product on time, own fleet of cement and water = along with the option to choose to specification and at a tankers. from the range of designated mix competitive price. designs. Bin Sraiya Concrete is unrivalled in its exceptional level of customer service.

ASH / ISSUE 9 / MAY 2019 0054 EDITORIAL CONCRETE TECH CONTRA- CTING

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Concrete Tech Contracting is specialized in all types of flooring activities. Started its operation in Qatar in 2011.

CTC flooring activities include the follow:

• Screed works (Bonded screed, Un-bonded screed, floating screed),

• Concrete flooring by “Laser Screed System”

• Colored concrete with hardener

• Self-leveling compounds

• Waterproofing works (Membrane, Cementitious Waterproofing)

• Concrete surface preparation: Scarifying, grinding and more.

ISO 9001 CERTIFIED

CTC implemented an investment policy and strengthened its • Approved Applicator - BASF The operations by a large number of Chemical Company machineries and heavy equipment • Approved Applicator Status following the market demand and Isocrete K Screed - Flowcrete in order to expedite the works and Middle East Flooring The insure the completion of projects Technology Center; Isocrete K with full professionalism. screed, Polymer 70, Isocrete PP CTC completed projects Fibers, M Bond. across Qatar include all • Certificate of Confidence types of buildings: Mapei System and products: Screed, cementitious, Self- • Metro Stations leveling system, liquid and • Health and medical buildings cementitious waterproofing • Education establishments Consisting of professional system, sealants. • Sports Complex engineers, highly skilled • Certificate of Recommended supervisors and workers, • Hotels SIKA Applicator; SIKA Flooring • Residential buildings CTC has successfully honored all traffic • Ports Systems: SIKA Anti, Static coating projects with quality standards • Storage facilities Flooring Systems. and in timely manner. • Retail shops

ASH / ISSUE 9 / MAY 2019 /Al Sraiya Holding Group 0057

BOOK THROUGH OUR WEBSITE AND GET SPECIAL RATES!

www.townhotelqatar.com ASH / ISSUE 9 / MAY 2019 0058 EDITORIAL

CLIC QATAR

SUPPLYING SKILLS & EXPERTISE SINCE 1979

CLIC Qatar Trading Company WLL, popularly known as Products/Services offered: CLIC, remains the market leader in providing innovative fencing security options. CLIC National Industries General Clic Qatar produces a wide range Trading & Contracting Co KSCC, to which CLIC Qatar is a of products as shown below per subsidiary, was established in 1976 as the first company to international standards (ASTM, BS, DIN, introduce Security Fencing Systems in the State of Kuwait. JIS and European Standards), as well as CLIC’s fencing product portfolio includes chain link fabric, caters to the manufacture, supply and sand control fences, welded mesh panels, barbed wire, installation of all types of: concertina barbed wire, razor tape, chain link infill gates, and more. With a successful track record spanning over • Chain link fence systems (PVC and thirty years, this extensive range of field proven products Galvanized) offers unparalleled protection against unauthorized site • Mobile panels access, especially in security sensitive applications and • Palisade gate and fences harsh external environments. • Animal fences • Security bollards (automatic, removable and fixed types) • Crash barriers and road blockers • Decorative Fence • Automatic/manual swing and sliding gates • All types of steel fabrications • Guard rails • Welded mesh

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Completed Projects Corporate Values (Fence Security Systems): Success - To operate a performance- driven, commercially successful business. • 15Th Asian Games Doha -2006 Success means to provide strong returns • New Doha International Airport Site for shareholders and consistently deliver • Khalifa Sports City -Tennis Court quality projects for satisfied clients. • Dolphin Project – Ras Laffan • GTL Project – Ras Laffan Safety - To not compromise a safe and • Dukhan QP Facilities healthy working environment; to ensure • U.S Base in Doha that everyone is safe at the end of each • ASHGHAL Projects working day with safety performance • BARZAN RGX – Ras Laffan being a priority. • SGTP Pipe Line Project • Asian Foot Ball Cup 2011 Solutions - To aim to develop innovative, • New Doha Port Project sustainable solutions for clients and deliver the promises made to them. CLIC has established a significant name in This “can-do” approach will enable the the Gulf for supplying, manufacturing, and development of long-term and mutually installing various types of fence systems beneficial relationships that make CLIC the partner of choice. in vast numbers of prestigious projects in Qatar, Kuwait, Bahrain and Saudi Arabia. People - One team that recognizes that A complete fencing solution is offered success is only possible through the to provide years of maintenance-free collaborative efforts of all; To develop protection for people, property and right employees through training, reward of way. With over a century of experience performance and providing a working in the field of thermal insulation, the environment in which they feel challenged, company is also recognized as an industry motivated, satisfied and accountable for pioneer and market leader in thermal their work. insulating products and services. Respect - To operate with respect Quality Management and concern for the environment, the community, clients and employees in an Commitment to excellence is reflected by effort to minimize the impact of our activities. a world-class manufacturing infrastructure. The reputation for maintaining the highest standards of quality across the entire product spectrum offered has been built and certified. Each of the leading fencing security systems is the combined result of innovative design, stringent production processes and superior components. All fencing security products undergo rigorous testing and are certified for use by numerous government labs and regulatory agencies in the GCC. www.clicq8.com

ASH / ISSUE 9 / MAY 2019 0060 BLOG

TheThe PowerPower ofof aa HoldingHolding CompanyCompany

A Holding Company is a Super Entity?

A holding company is a business entity (parent corporation, limited liability, company or limited partnership) that has no operations itself but is a vehicle for owning other companies. It It takes pure owns assets in the form of companies (Subsidiaries) or shares of dedication to other companies, hedge funds, real estate, trademarks, patents or successfully run a units in partnerships. holding company This style of organization allows for powerful advantages of all companies combined within its ownership. It is a structure that and wisely use brings less unnecessary risks and maximizes profits. the benefits of the combined advantages of the powerful mega entity it is.

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Points of Power ends there. It leaves the holding any troubles that may cross into company with unscathed profits. legal issues, tax liabilities, lawsuits A holding company is a mega etc… It is a protection method; the corporation that directs and Mega Company, Mega holding company does not deal with manages multiple assets and Backing any negative repercussions that companies that may be of multiple may be brought on by a subsidiary domains. All can be used in support The overall financial backing of a who runs its own operations. This of one another for maximum holding company for the subsidiaries is a powerful advantage making strength. For example, a holding is another potent advantage. It is a holding company virtually company may encompass several a form of guarantee that allows for untouchable. groups of companies such as in the loans for smaller companies that industrial sector, trading, services, they may not be able to achieve Resource and Skill Sharing engineering, and hospitality sector. It by themselves. Subsidiaries in the may take on construction projects of same industry can also combine Another valuable point of power is immense size, like the construction their buying power to extract better the ability to share the strengths of an international hotel, and use prices from vendors and better credit and technical know-how of any of its all available companies from start terms. It is a superior guarantor. It businesses from within. The different to finish. From the design process provides operations capital without companies can be used to share and planning, excavation and ground risk to the holding company with the vital resources necessary. What work, engineering, steel, electrical, allowance of a higher purchasing is meant by that is if a subsidiary plumbing, exterior and interior power, financing terms and leads named company X has high level finishes. As a whole company it has to the ability to invest in much customer service relationships, wider finances and resources that larger projects. they can be “transferred” for use can be shared across the board at by another subsidiary company Y in minimal costs. Genius Business order to bring up business through the use of those relationships. A marketing subsidiary may be used Tax Reduction, Better The genius of this business structure for consultancy or marketing of its Profits comes with minimal risk as liability “siblings”, a transportation company lies only in the initial finances paid, can supply a sibling concrete factory, A massive plus of a holding company not the following incurred losses and so on and so forth. is the reduction of taxes. This smart by subsidiaries. This extends to advantage means dividends may be directly paid to shareholders and the mega company itself without being taxed as it is considered the company of ownership of subsidiaries, essentially the same company. Once the individual companies are taxed, the process

ASH / ISSUE 9 / MAY 2019 STAY WITH US AND FIND OUT JUST HOW REWARDING IT CAN BE

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AL SRAIYA HOLDING INTERNAL MAGAZINE

0064 BLOG

TODAY’S WORLD IS NOTHING = LIKE IT WAS A DECADE AGO. TECHNOLOGY GROWS Top 5 EXPONENTIALLY, THE MEDICAL FIELD IMPROVES AT SUPERSONIC SPEED, AND REALITIES ADJUST AND CHANGE. IT CAN BE HARD TO KEEP UP WITH ADVANCEMENTS AND NEW Fastest INDUSTRIES DIRECTING THE FUTURE. HERE ARE THE TOP 5 FASTEST GROWING INDUSTRIES Growing IN THE WORLD.

1 – Renewable energy Renewable energy is the focus. How to save our planet and handle the decreasing levels of fossil fuels? Through Indust- renewable energy sources that replenish themselves of course. For example, solar energy, wind energy, hydropower, geothermal energy, and biomass energy etc. As effort and resources continue to further the renewable energy sector, prices drop and allow countries that couldn’t finance the development previously. The growth of this ries industry is so fast that the renewable energy market is already worth $1.35 trillion.

2 – Cybersecurity Connectivity around the world has kicked up as internet and electronics continues to evolve, reaching new horizons in the and previously untouched areas of life. One such area is the need for protection with the worldwide system of networks. Enter cybersecurity. A major concern for individuals and governments alike is to keep personal data and online transactions safe and protected from any form of online crime. Cybersecurity has become a priority for anyone connected to the internet, and will only increase in importance World as technological advances increase. Experts predict that the global market will be worth $165.2bn by 2023.

AL SRAIYA HOLDING INTERNAL MAGAZINE BLOG 0065

3 – Biotechnology

Biotechnology is the use of living systems or organisms to develop or make products. As sci-fi and futuristic as it sounds, it’s well beyond creation and implementation. Bio-engineering and genetic modification for example have been advancing society for many years now in the medical, agricultural, industrial and environmental sectors. We now have medications that can cure genetic diseases; we’ve genetically modified vegetables, fruits, cows, all to improve production and yields; micro-organisms are used to produce industrial useful products; and we’ve created things and creatures so to speak that can help clean up oil ”

This competitive market will be worth almost $9bn by 2025. ” spills, and so much more. The human taken off as a massive industry of much 5 – Artificial intelligence mind continues to develop amazing importance. Other than entertainment, Artificial intelligence is everywhere; technology, with knowledge of biological VR is now used in rehabilitation, taking over the manufacturing industry, systems and outdo our own greatest military, sports, construction, air flight cars, movies, in homes with Amazon discoveries by the year. This creepy mix training and much more. Its benefits Alexa, in the medical realm to identify in domains is taking our species to a are increasing all forms of education diseases, in use in countless military whole new level. and training, reducing negative applications, entertainment, and so “The need for biotechnology is in consequences by having simulations to on. This industry is where robots and such high demand that the market is run instead of real life. Its growth has a ‘Matrix’ style of advancements are estimated to be worth $727.1bn by 2025 been doubling by year. creating the future of the world. When with a growth rate of 7.4 percent.” “…worth $6.1bn in 2016 to $14.1bn in you think of the possibilities we can 2017. The market’s rapid growth makes create with the mix of Biotechnology 4 – Virtual reality it an extremely successful and fast and AI, it wouldn’t be surprising if the Virtual reality may have been around growing industry not only to be in, but worth jumped much higher in the since the 1990s, but its only recently also to invest in.” coming years.

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839 17th Street NW washington, D.C. 20006 (at 17th and I Streets) | +1.202.463.6400 | www. clubquartershotels.com ENGINEERING GROUP TRADING GROUP INNOVATION AL SRAIYA TRADING & CONTRACTING CO SIMSIMA ELECTRICAL ZUEBLIN INTERNATIONAL MEAC WATER SYSTEMS AL SRAIYA ENGINEERING CONSULTANT TAWRID QATAR AROUND BADR CONTRACTING & TRADING GULF & WORLD TRADERS AL SRAIYA STRABAG SIMSIMA REAL ESTATE INVESTMENT CO THE WORLD CIRCLE QATAR LTD SIMSIMA TRADING & CONTRACTING INNOVATION RENEWABLE ENERGY RASHID ENGINEERING & TRADING PROJECTS INDUSTRIAL GROUP NRK CONTRACTING BIN SRAIYA CONCRETE CONCRETE TECH CONTRACTING DOHA BETON 9 COUNTRIES SIMSIMA TILES & BLOCKS CLIC QATAR GENERAL SERVICES GROUP QATAR WIRE THE SCHOLAR 25,000 EMPLOYEES PROCHEM NASSER RASHID AL KAABI GARAGE AL SRAIYA STEEL & ALUMINIUM 56 COMPANIES AL SRAIYA SERVICE STATION HOSPITALITY GROUP NASSER RASHID AL KAABI TRANSPORT ALEPH QATAR AL SRAIYA HOTELS & HOSPITALITY GROUP NAYCOM QATAR MOWBRAY COURT HOTEL - LONDON QUALITY RESOURCE HOUSE PRESIDENTIAL SERVICED APARTMENTS - LONDON FIRST INSURANCE SERVICES THE EDWARD HOTEL - LONDON 974 MARKETING & COMMUNICATIONS CLUB QUARTERS - WASHINGTON DC THE WESTIN - WARSAW HASOOB TECHNOLOGY MARRIOTT MUNICH INTERNATIONAL SPECIALIZED DENTAL CENTER(ISDC) STAYBRIDGE HOTEL - LUSAIL AMERICAN SERVICE CENTER MILLENNIUM HOTEL - DOHA AL SRAIYA CARPENTRY COPTHORNE HOTEL - DOHA PREMIUM RENT A CAR KINGSGATE HOTEL - DOHA PREMIUM CLEANING SERVICES TOWN HOTEL - DOHA MACRO QATAR EDARAT HOSPITALITY & LEISURE SERVICES IFP QATAR MADO - TURKEY NAJEM GROUP GOKNUR - TURKEY