Assets of Banks in Qatar Expand 5% in Sept

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Assets of Banks in Qatar Expand 5% in Sept THURSDAY OCTOBER 25, 2018 SAFAR 16, 1440 VOL.12 NO. 4433 QR 2 PARTLY CLOUDY Fajr: 4:20 am Dhuhr: 11:19 am HIGH : 35°C Asr: 2:34 pm Maghrib: 5:00 pm LOW : 27°C Isha: 6:30 pm America 11 Business 12 Sports 17 Explosives sent to Obama, Clinton, AZF, QFC sign MoU to establish Simone all set to CNN & some top Trump critics Qatar’s sports business district sizzle in Doha Assets of banks DEPUTY PM RECEIVES MESSAGE FROM CHINESE FM in Qatar expand 5% in Sept: QCB The assets reached QR1.40 tn from QR1.33 tn in the same month last year and QR1.382 tn from August this year SATYENDRA PATHAK previous month. DOHA The break-up Bank credit facilities to non-banking financial institu- ASSETS owned by banks op- O Assets of Qatari banks tions operating in the coun- erating in Qatar increased by outside Qatar increased to try were almost unchanged at 5.03 percent to QR1.404 tril- QR228.08 billion in QR16.611 billion in September lion ($389.6 billion) in Septem- September from QR223.51 from QR16.617 billion in the ber compared with QR1.336 billion in August previous month. trillion ($370.9 billion) in the Deposits at banks operat- same month of the previous O Their assets inside Qatar ing in Qatar also witnessed an year, according to a recent data increased to QR1.17 trillion impressive gain on month-on- Deputy Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman al Thani on Wednesday received a written released by Qatar Central Bank in September from month basis, according to the message from Chinese State Councillor and Foreign Minister Wang Yi. China’s Assistant Foreign Minister Chen Xiaodong handed over the (QCB). QR1.159 trillion in the QCB data. message to Sheikh Mohammed, in a meeting in Doha. The Deputy Prime Minister praised Qatari-Chinese ties and expressed Qatar’s desire Assets of Qatari banks also Total deposits amounted to to enhance relations between the two countries. increased on month-on-month previous month QR817.8 billion in September, basis as it went up 1.5 percent compared to QR807.3 billion in when compared with previous cent to QR36.63 billion in Sep- August. month’s figure of QR1.382 tril- tember from QR36.86 billion in Deposits of non-financial lion, the QCB data showed. August. institutions in the country grew Assets of Qatari banks According to the QCB data, to QR26.75 billion in Septem- outside Qatar increased to Qatari banks’ loans went up ber, compared to QR25 billion Cabinet approves draft law to QR228.08 billion in September 2.4 percent to QR948.2 billion in the previous month, the re- from QR223.51 billion in Au- in September when compared port added. gust, while assets inside Qatar with QR925.8 billion in the pre- Debt securities issued in increased to QR1.17 trillion in vious month. September witnessed a margin- set up DNA database at MoI September from QR1.159 tril- The central bank attributed al decline to QR108.39 billion lion in the previous month. the monthly lending increase to against QR108.93 billion in the QNA conduct DNA tests, store its have supported this decision. Cash and value of precious a rise in public sector’s credit previous month. Debt security DOHA data in the database and use it Cabinet welcomed the The Cabinet also approved metals, however, declined 5.6 facilities, which increased to issued by the government was as evidence in an investigation Inter-Parliamentary Union’s the amendment of some provi- percent to QR10.55 billion in QR357.19 billion in September the highest at QR92.4 billion. THE regular Cabinet meeting or trial without an approval (IPU) decision to hold its sions of the cooperation agree- September from QR11.17 bil- from QR340.55 in the previous The value of sukuk issued held on Wednesday approved from the public prosecutor or 140th session in Qatar, ment in the field of security lion in the previous month, the month. As for the private sec- in September was marginally a draft law to set up a DNA da- a competent court. and law enforcement between report said. tor, bank lending increased to down at QR64.29 billion com- tabase at the Ministry of Inte- Data recorded in the DNA from April 6 to 10, 2019 the Ministry of Interior of Qa- Qatari banks’ reserves also QR574.38 billion in September, pared to 64.32 billion in the rior (MoI). database shall be confidential tar and the Ministry of Public marginally declined 0.6 per- from QR568.62 billion in the previous month. Chaired by Prime Minister and cannot be viewed without said Minister of Justice and Security of China. and Minister of Interior HE the permission of the Minister Acting Minister of State for Besides, the Cabinet took Sheikh Abdullah bin Nasser of Interior, the Public Prosecu- Cabinet Affairs HE Dr Hassan measures to ratify agreements bin Khalifa al Thani, the Cabi- tor or a competent court. bin Lahdan al Hassan al Mo- with India and France for co- net has referred the draft — DNA tests and data in the hannadi. operation in the field of cul- which will replace law No. 9 of DNA database are binding un- Doha hosting this confer- ture, and three memoranda of The Amiri Air ‘Qatar-Turkey trade volume 2013 — to the Advisory Coun- less otherwise proven. ence reflects the confidence of understanding (MoUs) with cil. In the meeting, the Cabi- the international community Ivory Coast. Force rescues may cross $2 bn by year-end’ The database will be used net also welcomed the Inter- in Qatar, he added. The MoUs sought coop- The volume of trade between to store genetic information Parliamentary Union’s (IPU) The Cabinet also ex- eration in the fields of cul- 11 QP staff obtained from DNA samples general assembly decision to pressed its gratitude and ap- ture, sports and youth devel- Qatar and Turkey is expected to The Amiri Air Force has as per the law. It is prohib- hold its 140th session in Qa- preciation to the brotherly opment between Qatar and cross $2 billion by the end of ited to take biological samples, tar, from April 6 to 10, 2019, and friendly countries that Ivory Coast. rescued 11 Qatar Petro- this year, Turkey’s Ambassador leum (QP) employees to Qatar HE Fikret Ozer stranded in one of QP’s (pictured) has said. The trade northern platforms in value has doubled so far this the island of Halul. They year to more than $1.3 bn from Woqod opens two more had been marooned in $750 mn last year, Ozer told Qatar Tribune. Turkey, he fixed fuel stations the offshore platform added, is also proving to be a hot travel destination for because of inclem- Qatar Fuel (Woqod) opened a fixed fuel Qataris as the number of tourists from Qatar so far this Doha Gymnastics ent weather, according year has more than doubled from two years ago. More station each in Al Kharaitiyat and Al to a Defence Ministry than 71,000 Qatari tourists visited Turkey so far this Thumama-2 on Wednesday, raising the total Worlds: ‘Qatar statement issued on year, Ozer said. The figure was just 33,000 in 2016, he tally to 72. Woqod is currently working on realises dream’ Wednesday. added. (HISHAM ALJUNDI) 25 fuel station projects. PAGE 13 (PG 16 ) MBS may have been involved Four winter vegetable yards opening today in Khashoggi murder: Trump US President Donald Trump (pictured) has said for SANTHOSH CHANDRAN several small-scale farmers, said Wholesalers in Central Mar- the first time that Saudi crown prince Mohammed bin DOHA an official at the Al Khor farm. ket said there would be “abundant “A lot of farmers advanced har- supply” of vegetables this winter. Salman could have been involved in the operation to MINISTRY of Municipality and vesting on account of the rain fore- The yards will provide an opportu- kill the dissident journalist Jamal Khashoggi, noting Environment is launching the sea- cast. The yards will help them sell nity for farmers to sell their prod- that “the prince is running things over sonal winter vegetable yards on their perishable produce fast,” he ucts directly to customers without there” in Riyadh. The comments, in Thursday. In a departure from pre- said. the middlemen. Wall Street vious years, the ministry is open- “Many small-scale farmers Anil Kumar, the Director of an interview with the ing a fourth yard in Al Shamal, be- didn’t have mechanisms like green Arab Indian Vegetables at the Cen- Journal, appeared to mark a sides the regular three in Al Khor, houses or water barriers to protect tral Vegetable Market, said, “If the shift in the US president’s view of Al Wakra and Al Mazrooa. their crops from last week’s rain- harvests meet expectations, local Khashoggi’s murder on October 2 All four yards will remain open induced waterlogging. Yards in winter vegetables will meet up to for buyers from 7am to 5pm on these four locations will be ideal 80 percent of the demand. in the Saudi consulate Thursdays, Fridays and Saturdays. platform for them to sell out their Local vegetables, fruits, fish, in Istanbul. Trump has Farmers can start bringing in their stock,” he added. honey, poultry and dairy products previously appeared produces by 5:30 am, the ministry There has been a manifold in- will be available in the market. to take Saudi royal said.
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