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MONDAY 1 FEBRUARY 2021 UK to apply for Trans-Pacific trade bloc membership Applying to be the first new country to join the CPTPP demonstrates our ambition to do business on the best terms with our friends and partners all over the world.

Boris Johnson UK Prime Minister BUSINESS | 04 QSE 10,473.50 -71.04 (0.67%) FTSE 100 6,407.46 −118.69 (1.82%) DOW 29,957.56 −645.80 (2.11%) BRENT$55.09 (+0.04)

QNB Group Ordinary General Assembly QNB among top meeting approves cash dividend of 45% 40 global THE PENINSULA — QNB Group, the largest financial by market cap institution in the Middle East and Africa, held its Ordinary General Assembly meeting SACHIN KUMAR the most valuable banking brand yesterday, during which it THE PENINSULA in the Middle East and Africa, approved the Group’s audited increasing its brand value to financial statements for the year Demonstrating resilience in a more than $6bn in The Banker’s ended 31 December 2020. The challenging environment, QNB Brand Finance Global 500 2020 Ordinary General Assembly Group achieved several mile- report. Its Brand Strength Index approved a proposal by the stones last year. QNB (BSI) increased to 82 out of 100, Board of Directors to distribute strengthend its position as one driven by its strong financial per- a cash dividend of 45 percent of the world’s top 40 banks in formance and growing interna- of the nominal share value terms of market capitalisation. tional footprint. (representing QR0.45 per “During 2020, QNB Group QNB Group Chief Executive share). demonstrated resilience in times Officer, Abdulla Mubarak Al Chairman of QNB Group’s of uncertainty, with a robust net Khalifa, stated in the report, Board of Directors, H E Ali profit of QR12bn and our oper- “Next year, we will continue to Shareef Al Emadi, discussed the ating income increased by 1 operate in a challenging envi- Chairman of QNB Group’s Board of Directors, H E Ali Shareef Al Emadi, during QNB Group’s Ordinary Group’s financial results of the percent to QR25.4bn. As a result, ronment. Nevertheless, we are General Assembly meeting. year ended December 31, 2020, QNB has been able to consolidate optimistic that we already and shared an action plan for meeting. For the year ended its position as one of the world’s entered a recovery path. the year 2021. QNB worked tirelessly to accommodate to the new reality. December 31, 2020 the Group top 40 banks in terms of market Although the COVID-19 pan- The Chairman stated, ‘’Due delivered a net profit of QR12bn. capitalisation, reaching demic has accelerated some to QNB’s leading position in We protected the from potential risks and service Total assets exceeded QR1 QR164.7bn,” Chairman of QNB ongoing trends in banking, we , given its leading market disruptions. At the same time, we assumed our market- trillion, up by 9 percent from Group's Board of Directors, H E will need to continue to adapt to share in the banking sector, the leading role by supporting our customers and communities last year. Ali Shareef Al Emadi said in QNB this 'new normal'. We remain Group played a vital role in the QNB Group’s presence Group’s Annual Report, released committed to our strategy to implementation of the govern- where we operate to overcome these challenges. through its subsidiaries and yesterday. become a leading MEASEA ment’s stimulus package to associate companies extends to With strong credit ratings bank." enhance economic activities H E Ali Shareef Al Emadi, more than 31 countries across from the major international "Our strategy is based on such as deferring some loan Chairman of QNB Group’s Board of Directors three continents providing a rating agencies such as Moody’s, positioning the bank for future payments and boosting con- comprehensive range of Standard & Poor’s and Fitch, growth opportunities by transi- cessional financing for small advanced products and services. QNB is the highest-rated bank tioning towards a more fee-rich and medium-sized The total number of employees in Qatar. This is a testament to model with higher margin busi- enterprises.” disruptions. At the same time, these challenges,’’ he added. is more than 28,000 serving 20 its capital strength, strategy, gov- nesses and focusing on two key “QNB worked tirelessly to we assumed our market- The Board of Directors million customers operating ernance, prudent risk man- pillars: protecting our market- accommodate to the new leading role by supporting our agreed upon the appointment through 1000 locations, with an agement, business and operating leading position in Qatar and reality. We protected the bank customers and communities of KPMG as External Auditors ATM network of more than model. continuing our international from potential risks and service where we operate to overcome for the year 2021, during the 4,300 machines. QNB was also recognised as growth," he added. Qatar’s PPI of Industrial Sector for December up by 8.1% QIC announces agreement for THE PENINSULA — DOHA Comparing with the index of its coun- terpart in the previous year (December Qatar’s overall monthly Producer Price 2019), the Manufacturing PPI of December investment into Index (PPI) of Industrial Sector for 2020 showed a decrease of 11.8 percent. December 2020 was estimated at 50.7 The major groups which explain this price Markerstudy points, showing an increase of 8.1 percent fall are: “Refined Petroleum products” by compared to the previous month’s PPI 16.2 percent, followed by “Basic chemicals” Group (November 2020), official data showed. by 11.7 percent, “Other chemical products When compared on an annual basis, the and fibers” by 6.9 percent, Cement and QNA — DOHA PPI of December 2020 showed a decrease Other non-metallic products” by 5.8 of 20.9 percent compared to the corre- percent, “Rubber and Plastics products” Qatar Insurance Company sponding month of 2019, data released by by 3.1 percent, and “Grain mill and Other (QIC) announced that it has the Planning and Statistics Authority (PSA) products” by 0.3 percent. However, prices reached an agreement for an show. increased were seen in “Basic Metals” by investment into Markerstudy Producer price index covers goods 12.9 percent, “Paper and Paper Products” Group led by Pollen Street relating to “Mining” (weight: 72.7 percent), by 6.4 percent, “Juices” by 5.6 percent, and Capital (Pollen Street). “Manufacturing” (weight: 26.8 percent), “Dairy products” by 0.1 percent. However The transaction will see and “Electricity & Water” (weight: 0.5 no change was noticed in “Beverages”. Pollen Street partner with and percent). 2019), there was a decrease of 25.2 percent. “Rubber and Plastics products” by 1.4 The PPI of Electricity and Water group make a substantial investment The PPI of December 2020 for Mining For the Manufacturing sector index, percent, “Juices” by 0.7 percent, “Grain mill showed an increase of 16.6 percent com- alongside the existing founder sector showed an increase by 9.4 percent an increase of 5.6 percent has been and Other products” by 0.5 percent, and pared to November 2020, resulting from team. QIC will also participate when compared with the PPI of November recorded in December 2020, when com- “Dairy products” by 0.3 percent. price increase in “Electricity” by 30.4 in the Transaction, underlining 2020, primarily due to the price increase pared with the previous month’s Manu- However, the decreasing prices are percent, and “Water” by 1.5 percent. When its commitment as a strategic of “Crude petroleum and natural gas” by facturing index (November 2020). The noticed in “Basic Metals” by 1.6 percent, compared the PPI of December 2020, to partner to Markerstudy Group 9.4 percent, and “Stone, Sand and Clay” increase prices were seen in: “Basic Chem- and “Beverages” by 0.9 percent. While no the PPI of December 2019 [Y-o-Y], also (The Group). increased by 0.8 percent. The PPI of icals” by 9.5 percent, followed by “Refined change was noticed in “Cement and Other showed an increase of 8.3 percent, affected The Group will use the December 2020, when compared with its Petroleum products” by 6.3 percent, non-metallic products”, and “Other by prices rise in “Water” by 8.5 percent, investment to deliver an counterpart in previous year (December “Paper and Paper products” by 2.3 percent, chemical products and fibers”. and “Electricity” by 8.2 percent. ambitious and sustainable growth program through a combination of organic and acquisition-led expansion and Uptick in Qatar’s real estate demand: KPMG build on its rapid devel- opment over the last 19 years, THE PENINSULA — DOHA increased inflow of white-col- Moreover, with Qatar opening its assembly plant of electric vehicles which culminated in the lared workforce, there can be a property market to foreigners at Ras Bu Fontas Free Zone. GWC acquisition of the Co-op’s With the regional ties coming positive upturn in the demand for and rewarding buyers with per- opened their latest logistics hub insurance underwriting back to normal, affirmation of the residential housing over the next manent residency, Qatar resi- spanning across 6,000sqm at Ras business in December 2020. COVID-19 vaccine and winning short to middle term, providing dential market will witness a Bu Fontas Free Zone. The investment will also facil- the bid to host Asian Games in a much-needed fillip to the sector. movement from a rental based Director for Strategy and Real itate the repayment of Mark- 2030, the market sentiments in Qatar is also experiencing real estate to a capital (sales) Estate Advisory at KPMG, Anurag erstudy’s debt to QIC. Qatar are reaching a new high, increased real estate transactions. based economy, said KPMG. Gupta (pictured) said: “While we Founded in 2001, Marker- said KPMG in its latest report During the last six months, the Qatar is also witnessing have looked into the likely study is the fifth largest motor ‘What lies ahead for Qatar’s Real value of real estate deals greater demand for warehousing changes in the real estate land- insurance provider in the UK, Estate Market in 2021?’. exceeded QR15bn, which is quite facilities originating primarily scape and identified the key one of the largest privately According to the study, with encouraging, especially with the from the manufacturing and trends for the year ahead, we growth over the long term. With owned insurance groups, and the lifting of the blockade, pos- advent of new real estate logistics sector. Qatar Free Zones believe, Qatar is still in the process confidence returning to the the largest Managing General itive regulatory changes, possi- products in the form of integrated Authority can be seen attracting of identifying a strategy that will market and the industry under- Agent in the UK. bility of organised real estate con- townships along with a host of significant investments from have a profound and lasting going a series of fundamental With over 1.8 million pol- cepts such as real estate entertainment offerings. around the globe in setting up implications on real estate shifts, it is likely that the political icyholders, they are known for investment trusts (REITs), Qatar Projects such as The Qetaifan businesses in Qatar. For instance, investment and development. stability and unity in the region their investment in tech- is set to witness higher influx of Island and Lusail Seef are France’s Gaussin Advance However, Qatar must continue to will remain Qatar’s biggest growth nology, underwriting expertise invested people. With more attracting considerable interest Mobility Company along with Al enhance its strong economic fun- driver, and Qatar real estate will and sophisticated product opportunities in the market and from buyers as well as investors. Attiya Motors established the first damentals that will help sustain emerge a key beneficiary”.`P2 development. 02 BUSINESS MONDAY 1 FEBRUARY 2021 Win a Lexus LX 570 with QIB salary transfer promotion

THE PENINSULA — DOHA the required documents to com- Manager - Personal Banking plete the opening of the The QIB Salary Transfer Group, D. Anand, said: “We Qatar Islamic Bank (QIB) has account, including QID copies, Promotion offers lucky are excited to launch our announced the launch of its employer salary transfer letters newest salary transfer offer, Salary Transfer promotion, and passport copies for customers the chance to and to reward our customers which offers customers residents. win three latest edition of with exclusive benefits when exclusive personal, auto and The QIB Salary Transfer Lexus LX 570 cars. Three opting for the fastest and most home financing and the chance Promotion offers lucky cus- reliable banking services in to win three Lexus LX 570 cars. tomers the chance to win three raffle draws will take place Qatar. I would like to invite Valid until the end of May, latest edition of Lexus LX 570 in April, May, and June all potential customers to this exclusive offer provides cars. Three raffle draws will 2021, following each a lucky seize the opportunity and Qatari citizens and residents the take place in April, May, and open their salary accounts opportunity to benefit from the June 2021, following each a winner will drive home in with QIB to benefit from our most competitive banking offers lucky winner will drive home his or her dream car comprehensive banking in Qatar when transferring their in his or her dream car provided provided by QIB. services, while enjoying salaries for the first time to their by QIB. exclusive rates over the account in QIB and avail Per- To be eligible to enter the coming months.” sonal, Auto or Home Finance. draw, Customers simply need The QIB Mobile App offers Customers can open their to transfer their salary, with a addition to getting a free sub- customers the ability to have a QIB accounts digitally and in minimum of QR10,000, and scription to QIB-MyBook full control on their accounts, minutes through the QIB Mobile avail any Finance of more than addition to a 6-month grace In addition, every cus- App, offering exclusive ‘Buy cards, and transactions and to App, available on Apple Store, QR50,000 with QIB. Customers period and host of other fea- tomer opening a salary 1 get 1 Free’ options from over fulfill all their banking require- Google Play, and Huawei App will also be eligible to enter the tures. Moreover, Qatari citizens account with QIB during the 1,500 stores and exclusive ments remotely through over Gallery. raffle draw on financing looking to buy a new home or promotion can also benefit offers at different restau- 100 features and innovative Upon downloading the QIB buyouts of more than land will benefit from reduced from a new comprehensive rants, hotels, theme parks, services. In addition, QIB cus- Mobile App, new customers can QR50,000. profit rates, an extended grace Auto Takaful insurance policy salons, fitness centers and tomers can apply for personal create their QIB current account During the promotion period and waiver of fees when at an exclusive rate. All new various other retail outlets in financing, a , or remotely and without the need period, customers will benefit purchasing their home through Salary account customers Qatar. open additional accounts in to visit any QIB branch, while from reduced rates on Personal QIB’s Shari’a compliant Home will receive a free Credit Card Commenting on the new minutes via the QIB Mobile being able to digitally submit all & Auto finance and buyouts, in Finance program. during the first year, in promotion, QIB’s General App. QFMA launches awareness German Economy Minister proposes Oman wealth campaign for investors fund’s latest scaling back state holdings revamp focuses QNA — DOHA The campaign, which will start BLOOMBERG because Germany already has on tourism The Qatar Financial Markets at the beginning of February high taxes, even by international Authority (QFMA) is organising Germany’s Economy Minister standards, Altmaier said. “We BLOOMBERG a comprehensive awareness and until March 31, 2021, aims to says tax increases are the wrong can borrow money at very low educational campaign under the raise awareness among way to handle the costs of the or even negative interest rates.” Oman’s $17bn wealth fund title “Protect your Investments investors in the GCC countries, coronavirus crisis and proposed According to a Spiegel plans to restructure its tourism by Knowing Your Rights & Obli- selling state holdings instead. report, Germany is considering and real estate investments in gations”. to spread awareness of the “The value of state holdings another suspension of its con- the latest shift by the $17bn The campaign, which will fundamentals of investment in has grown considerably in recent stitutional debt brake in 2022. sovereign investor. start at the beginning of February financial markets and years — that’s why we should The news magazine cited finance The Oman Investment until March 31, 2021, aims to raise examine which state holdings ministry sources as saying just Authority will transfer a share- awareness among investors in methods of fraud and risks. can be scaled back,” Peter Alt- under €60bn ($72.8bn) in new holding company, a tourism the GCC countries, to spread maier (pictured) told newspaper debt is expected. development project and awareness of the fundamentals Welt am Sonntag. “This will also He predicted that industrial resorts to the Omran Tourism of investment in financial Under this program, each bring money into state coffers output will return to pre-crisis Development Co., also known markets and methods of fraud GCC financial market regulator that we can put to good use for Deutsche Bahn AG, to cultural levels by the middle of next year as Omran Group, the wealth and risks. It also aims to sponsors a specific period of the future investments.” The federal and scientific institutions and and grow 3 percent or more this fund said in a statement emphasise the need to adopt program, by publishing various government’s company holdings building cooperatives. Germany year if the pandemic is success- yesterday. strategies helping to reduce such awareness messages that include range from listed corporations is also the biggest shareholder fully combated. “That is the best This move aims to "drive risks, as well as identify the rules press releases and messages such as Deutsche Telekom AG in Commerzbank AG. prerequisite for us to return to growth for Omran Group and and legislations that govern published on the websites, social and Deutsche Post AG, airport Tax increases would be the normal level of the debt strengthen its role in sup- dealings in the financial markets, media, and various media. operators and railway firm “poison for the economy” brake,” Altmaier said. porting economic diversifi- in order to increase the standards QFMA attaches great cation,” the statement added. of efficiency and integrity in such importance to awareness in the Omran Group was established markets. financial markets to develop Alijarah Holding posts QR12.855m net profit for 2020 by the government in 2005 to The campaign comes as a part the level of investors’ skill and focus on developing sources of the Gulf Investment Awareness knowledge, protect and enable QNA — DOHA cash dividend of QR0.025 per share, yesterday. of economic diversification Program “Mulem”, a joint them to make the timely proper Alijarah Holding is a Qatari shareholding and attracting foreign direct program among the GCC financial and right investment decision, Alijarah Holding has reported a net profit of company, established in 2003, and it was incor- investment to the Gulf nation, market regulators, which was with the aim of encouraging QR12.855m for the period ended December 31, porated in the same year, with a capital of according to its website. launched in early November and developing investment in 2020, compared to QR24.222m during the same QR494.802m. It seeks to become a leading company Last June, Oman combined 2020, and targets the participants a safe and attractive financial period in 2019. in the field of investment in Qatar by building a its two wealth funds — the dealing in the financial markets market in a way that supports Earnings per share amounted to QR0.026 per portfolio of distinguished companies with high State General Reserve Fund and those concerned in such the growth and diversity of the share, compared to QR0.049 per share for the quality and added value for the company, as well and the Oman Investment markets from various sectors. national economy. same period of 2019, in addition to a proposed as providing services for Islamic leasing products. Fund — into one entity. Uptick in Qatar’s real estate demand: KPMG FROM PAGE 1 provide opportunity for new tech-companies will be huge In addition, Qatar’s digital ways of collaborating and beneficiaries of this new transformation agenda has building relationships. normal”. paved the way for e-commerce In Qatar, Co-working Associate Consultant for and Tech-companies to foray spaces providers such as KPMG Real Estate Market into the Qatari market. The Servcorp, Regus, and Research, Siddhant Vernekar Qatari government has also Workinton are reimagining the (pictured), said: “Though the given Microsoft permission to workspace of the future by pro- PropTech industry Qatar is build a public cloud data center viding employers with flexibility still developing, we believe in the country. With this news, in terms of space and the use of technology in real Google too followed the suit by geography. estate is only going to accel- announcing a Google Cloud Director for Strategy and erate in 2021. From devel- facility for Doha. Qatari Real Estate Advisory at KPMG, opers to brokers, the industry business Meeza is also building Anurag Gupta, said: “These is now transforming digitally. its fourth data centre in Doha, and getting comfortable with companies are promoting From remote viewings, digital which is expected to be this concept, KPMG believes the “less-densified” office spaces contracts, and rental plat- completed by mid-2021. dynamic/hybrid workplace with “professional distancing” forms, the wave of digital The year 2020 was all about model will become a new that are strategically located transformation is spreading remote working. Work from normal even post pandemic. to help employees get back to across the sector and soon will Observing COVID-19 measures Home (WFH) concept has With greater emphasis on flex- work safely and quickly. In our be seen embracing these tech- changed the way business is ibility and safety, the office of opinion, professional services nologies and demonstrating A man wearing a protective mask walks past the headquarters of done today. While many cor- the future will promote health firms, start-ups, small busi- prudence and future Bank of Japan amid the coronavirus disease outbreak in Tokyo, porates can be seen adopting benefits to the employees and nesses, e-commerce and readiness”. Japan. DHL Express MENA named Top Employer for the year 2021

THE PENINSULA — DOHA benefit of our people and proud to share this year’s For over 25 years, the Top customers”. announcement and congrat- DHL Express MENA has been Employers Institute has been For over 25 years, the Top ulate the organisations who recognised as Top Employer Employers Institute has been have been certified in their 2021, a testament to the assessing HR best practices assessing HR best practices respective countries through company’s ongoing around the world and around the world and recog- the Top Employers Institute commitment in achieving recognising the world’s nising the world’s leading programme.” excellence in employee condi- leading employers for their employers for their efforts in The Top Employers tions and thereby contributing providing employees with the Institute programme certifies to enriching the world of work efforts in providing employees best working conditions and organisations based on the par- through commendable HR with the best working opportunities for personal ticipation and results of their policies and people practices. conditions and opportunities and professional HR Best Practices Survey. This DHL Express MENA topped for personal and professional development. survey covers 6 HR domains the winners list following cer- development. Top Employers Institute consisting of 20 topics such as tification in four regional coun- CEO David Plink says: “Despite People Strategy, Work Envi- tries including KSA, Qatar, which is a true reflection of our testament to the commitment the challenging year we have ronment, Talent Acquisition, Egypt and Morocco. DHL working culture at DHL, of our organisation in consist- experienced (which has cer- Learning, Well-being and Express Global followed suit by locally, regionally and across ently prioritizing the well- and inspires our people to tainly made an impact on Diversity & Inclusion and more. bagging the Top Employer the globe”, commented Henry being of its employees by develop and thrive. We will organisations around the The programme has cer- Global 2021 award. Fares, VP HR DHL Express establishing a positive working continue to work hard to globe), DHL Express has con- tified and recognised more “We are very proud to be MENA. “Receiving such recog- environment across our ensure we consistently build tinued to demonstrate the than 1600 Top Employers in certified as Top Employer in nition from the Top Employer extensive network, which cul- resiliency and agility to better power of putting their people 120 countries/regions across the region for yet another year Institute year on year, stands tivates a culture of one team ourselves as a company for the first in the workplace. We are five continents. MONDAY 1 FEBRUARY 2021 BUSINESS 03 04 BUSINESS MONDAY 1 FEBRUARY 2021

Mexico economy UK to apply for Trans-Pacific trade bloc membership grows 3.1% in AP — LONDON goods, although there are other costs to business from increased form-filling and fourth quarter It may be on the other side of the world, Applying to be the first new country customs checks. BLOOMBERG but that's not stopping the UK from Supporters said one of Brexit's main applying to join a trade partnership in to join the CPTPP demonstrates our benefits lies in the UK's ability to forge Mexico’s economic recovery lost and around the Pacific Ocean. ambition to do business on the best its own trade deals around the world. steam toward the end of last A year after it formally left the The EU negotiates trade deals on behalf year, with a surge in exports to European Union, the British government terms with our friends and partners of its member nations, which now the US preventing a sharper said Saturday that it wants to join the all over the world and be an number 27 following the UK’s with- slowdown. 11-country Comprehensive and Pro- drawal from the bloc. Gross domestic product rose gressive Agreement for Trans-Pacific enthusiastic champion of global The British government insisted that 3.1 percent from the previous Partnership. free trade. the National Health Service and the price quarter in the last three months International Trade Secretary Liz it pays for drugs are not for sale in any of 2020, according to prelim- Truss is set to speak to officials in Japan Boris Johnson trade negotiations and that it will not sign inary data released by the and New Zealand on Monday to formally UK Prime Minister trade deals that compromise high envi- national statistics institute. The make the request. Negotiations are ronmental protections, animal welfare expansion was in line with the expected to commence this year. and food standards. median estimate in a Bloomberg The government says joining the Sue Davies, the head of consumer survey, and far short of the 12.1 partnership would deepen ties with fast- The government says the partnership the world and be an enthusiastic protection and food policy at consumer percent growth seen between growing economies, including Mexico, removes tariffs on 95 percent of goods champion of global free trade," Prime rights organization Which?, said the gov- July and September. Malaysia and Vietnam. traded between members. Minister Boris Johnson said. ernment must ensure that joining the Domestic demand is recov- The United States, the world's biggest It is a much looser arrangement than The UK's trade with the partnership partnership does not dilute standards. ering haltingly as the debt- economy, is not part of the partnership; the one for members of the EU, which was worth £111bn (about $152bn) in 2019, "It is important that consumer averse government of President former President Donald Trump, the UK formally left on January 31, 2020, with Japan accounting for near one- interests are at the center of gov- Andres Manuel Lopez Obrador withdrew the country from its prede- since the Trans-Pacific agreement does quarter. Though substantial, the amount ernment trade policy, as the success of rebuffs calls for stimulus. At the cessor, the Trans-Pacific Partnership. not involve deep political integration. is around six times less than the business future agreements will be judged on same time, exporters such as China, the world's No. 2 economy, also "Applying to be the first new country the UK conducts with the EU. what they deliver for millions of automakers are benefiting from does not belong. to join the CPTPP demonstrates our Late last year, the British government ordinary people in their everyday lives, strong orders as US consumer The UK's aim in joining is the benefit ambition to do business on the best terms signed a free trade deal with the EU that not just the export opportunities they spending picks up. of lower tariffs for the British economy. with our friends and partners all over sees zero tariffs and quotas on traded provide,” Davies said. GDP fell 4.5 percent from a year earlier, beating analysts’ esti- mates for a 5.2 percent decline. "The two-speed economy Xiaomi sues US seeking to will continue in 2021,” with "subdued” domestic demand and rising exports, said Carlos reverse investment ban Capistran, head of Canada and Mexico economics at Bank of BLOOMBERG the US district court of Columbia. The America. The economy plum- lawsuit also named Defense Secretary meted 8.3 percent overall in Xiaomi Corp sued the US Defense and Lloyd Austin and Treasury Secretary Janet 2020, the most in almost a Treasury departments, challenging a Yellen as defendants. century. It is set to shrink a blacklisting that blocks American investors Under former President Donald further 4.25 percent in the first from buying the Chinese smartphone Trump, the US had targeted scores of quarter of 2021, according to giant’s securities.The lawsuit came after Chinese tech companies citing national a forecast by Bank of America, the Defense Department determined . Huawei Technologies Co., one of as spiraling coronavirus cases earlier this month that China’s biggest the biggest rivals to Xiaomi in smartphone and fatalities forced the gov- smartphone maker was affiliated with the market, was cut off from its key suppliers ernment to impose restrictions People’s Liberation Army. Beijing-based as a result of a series of restrictions on activity in the capital. Xiaomi called the blacklisting “unconsti- imposed by the former administration. The daily death toll has tutional” and seeks a court ruling to reverse Chinese chipmaking giant Semiconductor Customers wearing protective face masks browse Xiaomi smartphones at a retail consistently been above 1,500 the designation, which was made in the Manufacturing International Corp., store in Barcelona. in recent days, and Lopez waning days of the Trump administration. Shenzhen-based drone maker SZ DJI Obrador himself is currently “Xiaomi faces imminent, severe, and Technology Co. are also among the com- top American institutional investors in Qualcomm Inc. was also one of the ear- sick with the virus. Mexico has irreparable harm if the Designation panies that have been blacklisted. Xiaomi that would be forced to divest liest investors in Xiaomi, which was co- suffered more deaths from the remains in place and the restrictions take BlackRock Inc., the Vanguard Group holdings in the company by November, founded by billionaire Lei Jun a decade disease than anywhere in the effect,” the company said in the filing in Inc. and State Street Corp. are among the according to the filing. US chip maker ago. world except the US and Brazil. QATAR STOCK EXCHANGE

QNBK - QNB 18.01 17.83 17.71 18.02 9,013 17.99 17.91 42,006 17.91 17.91 -0.10 -0.56 987 2,180,392 39,105,358.92 QIBK - Qatar Islamic Bank 16.60 16.61 16.50 16.62 1,000 16.59 16.5 82,293 16.51 16.51 -0.09 -0.54 240 790,351 13,067,390.18 CBQK - Comm. Bank of Qatar 4.278 4.201 4.150 4.303 7,667 4.291 4.222 10,000 4.291 4.291 +0.013 +0.30 182 1,842,320 7,848,404.988 DHBK - Doha Bank 2.302 2.30 2.25 2.30 13,000 2.28 2.26 41,840 2.28 2.28 -0.02 -0.96 36 757,670 1,722,669.40 ABQK - Ahli Bank 3.61 3.61 3.61 3.61 4,000 3.77 3.61 10,000 3.61 0.00 0.00 0.00 1 7,024 25,356.64 QIIK - Intl. Islamic Bank 8.90 8.902 8.802 8.960 25,888 8.87 8.802 107,522 8.802 8.802 -0.098 -1.10 265 998,509 8,837,953.516 MARK - Rayan 4.39 4.388 4.345 4.388 22,862 4.37 4.345 34,337 4.345 4.34 -0.045 -1.02 309 3,574,048 15,604,114.595 KCBK - Al khalij 2.039 2.04 2.00 2.04 503,099 2.0 1.996 100,000 2.00 2.00 -0.04 -1.91 82 5,145,205 10,326,190.81 QFBQ - Qatar First Bank (QFC) 1.80 1.810 1.780 1.818 13,750 1.801 1.792 6,757,529 1.792 1.792 -0.008 -0.44 170 6,990,911 12,577,303.883 QETF - QE Index ETF 10.382 10.34 10.303 10.340 0 0.0 9.942 10,058 10.303 10.272 -0.079 -0.76 2 892 9,190.979 QATR - Al Rayan Qatar ETF 2.656 2.400 2.391 2.899 188,813 MP 0.0 0 2.391 2.365 -0.265 -9.98 133 1,475,006 3,594,278.119 QATI - Qatar Insurance 2.45 2.430 2.390 2.450 29,800 2.418 2.391 10,000 2.418 2.418 -0.032 -1.31 56 1,509,236 3,621,521.671 DOHI - Doha Insurance 1.548 1.539 1.539 1.598 7,819 1.576 1.56 27,233 1.555 0.000 +0.007 +0.45 43 867,545 1,339,577.631 QLMI - QLM 3.76 3.730 3.720 3.760 10,000 3.75 3.721 273,035 3.721 3.72 -0.039 -1.04 41 395,409 1,472,679.496 QGRI - General Insurance 2.59 0.00 0.00 0.00 1,348 2.553 2.421 100 2.59 0.00 0.00 0.00 0 0 0.00 AKHI - Alkhaleej Takaful 2.751 2.671 2.671 2.898 83,637 2.784 2.783 20,000 2.784 2.784 +0.033 +1.20 155 1,897,737 5,338,561.359 QISI - Islamic Insurance 6.78 6.899 6.899 6.899 1,335 6.898 6.78 1,098 6.899 0.00 +0.119 +1.76 2 434 2,994.166 QAMC - QAMCO 0.95 0.93 0.93 0.95 42,253 0.942 0.94 57,600 0.94 0.94 -0.01 -1.05 129 1,973,451 1,856,870.09 QIMD - Ind. Manf. Co. 3.02 2.95 2.950 3.000 1,200 3.009 2.931 10,000 2.999 0.00 -0.021 -0.70 22 221,293 663,119.584 QNCD - National Cement Co. 4.262 4.263 4.263 4.330 1,879 4.324 4.312 571,288 4.312 4.312 +0.050 +1.17 126 1,542,638 6,644,944.869 ZHCD - Zad Holding Company 14.99 14.99 14.99 15.00 2,146 15.0 14.65 800 15.00 0.00 +0.01 +0.07 3 5,250 78,704.80 IQCD - Industries Qatar 12.05 12.05 11.72 12.05 14,000 12.05 12.0 63,529 12.00 12.00 -0.05 -0.41 243 855,514 10,256,504.50 UDCD - United Dev. Company 1.566 1.566 1.540 1.590 13,200 1.563 1.561 747 1.561 1.561 -0.005 -0.32 203 3,022,528 4,731,453.585 QGMD - Qatar German Co. Med 3.21 3.25 3.220 3.250 13,474 3.225 3.221 16,679 3.225 0.000 +0.015 +0.47 110 1,490,474 4,809,911.669 QIGD - The Investors 2.028 2.005 1.950 2.079 172,878 1.964 1.95 1,762 1.964 1.964 -0.064 -3.16 595 9,139,215 18,606,657.812 ORDS - Ooredoo 8.33 8.24 8.24 8.40 2,000 8.45 8.4 170,424 8.40 8.400 +0.07 +0.84 284 664,780 5,541,648.60 QEWS - Electricity & Water 17.80 17.81 17.80 18.12 4,360 17.96 17.8 7,086 17.80 17.80 0.00 0.00 165 301,150 5,376,940.41 SIIS - Salam International 0.649 0.64 0.64 0.65 308,135 0.64 0.637 132,010 0.64 0.640 -0.01 -1.39 140 7,086,080 4,543,701.94 BLDN - Baladna 1.785 1.78 1.77 1.78 21,000 1.78 1.778 1,507 1.78 1.780 -0.00 -0.28 105 1,951,333 3,471,705.94 NLCS - National Leasing 1.216 1.178 1.176 1.239 69,235 1.211 1.205 200,000 1.211 1.211 -0.005 -0.41 288 9,639,342 11,648,326.388 QNNS - Qatar Navigation 7.70 7.70 7.35 7.70 287,233 7.58 7.42 196,330 7.58 7.58 -0.12 -1.56 15 162,692 1,219,077.28 MCGS - Medicare 8.80 8.785 8.651 8.785 37,500 8.78 8.695 30,149 8.695 8.70 -0.105 -1.19 18 98,290 858,221.457 QCFS - Cinema 3.873 3.600 3.600 3.858 13,636 3.858 3.601 4,000 3.858 3.86 -0.015 -0.39 2 1,250 4,512.900 QFLS - Qatar Fuel 18.66 18.66 18.10 18.66 5,000 18.42 18.25 19,440 18.25 18.25 -0.41 -2.20 297 1,197,030 21,938,889.16 WDAM - Widam 6.037 6.04 6.03 6.13 14,776 6.04 6.03 376 6.03 6.03 -0.01 -0.12 48 105,779 639,764.08 GWCS - Gulf warehousing Co 5.18 5.18 5.10 5.18 125,552 5.16 5.11 10,000 5.16 5.16 -0.02 -0.39 23 76,669 395,484.41 QGTS - Nakilat 3.299 3.300 3.250 3.300 7,000 3.298 3.285 27,586 3.298 3.298 -0.001 -0.03 86 736,299 2,421,817.134 DBIS - Dlala 1.82 1.802 1.760 1.830 2,500 1.772 1.767 1,572,923 1.767 1.77 -0.053 -2.91 232 2,760,656 4,925,178.264 BRES - Barwa 3.305 3.307 3.300 3.330 18,357 3.306 3.302 30,367 3.302 3.302 -0.003 -0.09 230 2,555,112 8,450,583.398 MCCS - Mannai Corp. 3.022 2.943 2.943 3.004 53,125 3.004 2.93 10,000 3.004 3.004 -0.018 -0.60 6 21,871 64,785.484 AHCS - Aamal 0.857 0.853 0.840 0.857 9,514 0.845 0.842 61,569 0.842 0.842 -0.015 -1.75 89 6,396,001 5,409,794.522 QOIS - Qatar Oman 0.843 0.832 0.832 0.850 25,000 0.845 0.841 119,142 0.841 0.841 -0.002 -0.24 42 960,316 806,884.584 ERES - Ezdan Holding 1.707 1.705 1.670 1.709 50,000 1.688 1.687 125,816 1.687 1.687 -0.020 -1.17 235 4,924,996 8,300,454.920 IHGS - Inma 5.339 5.300 5.285 5.376 59,300 5.345 5.314 8,790 5.314 5.314 -0.025 -0.47 52 521,000 2,779,263.134 GISS - Gulf International 1.583 1.595 1.562 1.630 1,400,824 1.595 1.576 10,000 1.595 1.595 +0.012 +0.76 292 8,660,638 13,903,019.171 MPHC - Mesaieed 2.029 2.004 1.983 2.030 30,000 1.985 1.98 329,157 1.985 1.985 -0.044 -2.17 178 2,000,361 3,991,065.531 IGRD - Investment Holding 0.556 0.556 0.539 0.556 279,951 0.545 0.543 1,040,000 0.543 0.543 -0.013 -2.34 337 23,022,364 12,555,096.216 VFQS - Vodafone Qatar 1.50 1.500 1.450 1.500 27,704 1.453 1.452 9,774 1.453 1.453 -0.047 -3.13 219 5,836,446 8,568,705.505 MERS - Al Meera 20.19 20.11 19.95 20.11 1,000 20.09 19.95 4,082 20.00 20.00 -0.19 -0.94 77 157,160 3,143,156.63 MRDS - Mazaya 1.259 1.259 1.240 1.270 100,000 1.25 1.242 32,389 1.253 0.000 -0.006 -0.48 126 2,993,208 3,738,080.525

QE INDICES SUMMARY QE MARKET SUMMARY COMPARISON WORLD STOCK INDICES EXCHANGE RATE

QE Index 10,473.50 -0.67 % 31-01-2021 Index Day’s Close Pt Chg % Chg Currency Selling (QAR) Buying (QAR) QE Total Return Index 20,134.96 -0.67 % Index 10,473.50 Dow Jones Industrial Average 29,982.62 -620.74 -2.03% US$ 3.6500 3.6305 QE Al Rayan Islamic Change -71.04 S&P 500 3,714.24 -73.14 -1.93% Australian Dollar AUD 2.87 2.8 % -0.67% Bangladeshi Taka BDT 0.0455 0.042 Index - Price 2,373.77 -0.95 % Nasdaq Composite Index 13,070.70 -266.46 -2.00% YTD% +0.36 Canadian Dollar CAD 2.92 2.85 QE Al Rayan Islamic Index 4,234.74 -0.95 % FTSE 100 Index 6,407.46 -118.69 -1.82% Volume 129,513,875 Euro EUR 4.5 4.4 DAX Index 13,432.87 -233.06 -1.71% QE All Share Index 3,216.17 -0.67 % Value (QAR) 306,837,870.85 Indian Rupee INR 0.052 0.05 QE All Share Banks & Trades 7,721 CAC 40 Index 5,399.21 -111.31 -2.02% Japanese Yen JPY 0.0357 0.035 Malaysian Ringgit MYR 0.92 ---- 4,190.97 -0.64 % Up 09 | Down 38 | Unchanged 02 Nikkei Stock Average 225 27,663.39 -534.03 -1.89% Nepalese Rupee NPR 0.033 0.031 QE All Share Industrials 3,231.38 -0.62 % 28-01-2021 Hang Seng Index 28,283.71 -267.06 -0.94% Pakistani Rupee PKR 0.02326 0.02273 QE All Share Transportation 3,452.23 -0.65 % Index 10,544.54 Shanghai Composite Index 3,483.07 -22.11 -0.63% Philippine Peso PHP 0.0785 0.076 ASX All Ordinaries Index 6,870.90 -46.70 -0.68% QE All Share Real Estate 1,849.50 -0.37 % Change -103.34 Pound Sterling GBP 5.08 5 % -0.97% QE All Share Insurance 2,480.46 -0.61 % GOLD AND SILVER Singapore Dollar SGD 2.77 2.7 QE All Share Telecoms 1,120.93 -0.15 % YTD% +1.04 South African Rand ZAR 0.243 0.232 Volume 223,582,414 QE All Share Consumer GOLD QR227.00 per gramme Sri Lankan Rupee LKR 0.0197 0.0185 Value (QAR) 638,817,711.05 Goods & Services 8,002.00 -1.44 % Swiss Franc CHF 4.18 4.1 Trades 10,886 SILVER QR3.03 per gramme Turkish Lira TRY 0.5