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Qatari Stocks Jump on Plan to Allow Full Foreign Ownership FRIDAY APRIL 16, 2021 RAMADAN 4, 1442 VOL.14 NO. 5234 QR 2 Fajr: 3:52 am Dhuhr: 11:34 am PARTLY CLOUDY Asr: 3:03 pm Maghrib: 5:58 pm HIGH : 33°C LOW : 24 °C Isha: 7:28 pm RAMADAN TIMING World 5 Business 7 Sports 10 TODAY TOMORROW IFTAR IMSAK US hits Russia with ‘Nakilat best bet for investors AFC Champions League: sanctions over cyber hacks, to take part in Qatar’s Al Duhail score impressive 5:58PM 3:51AM election interference LNG growth’ win over Al Shorta, top group ‘Difcult to limit travel only to vaccine recipients’ Demand for air travel in December led to rise in number of infections in some countries: QA chief TRIBUNE NEWS NETWORK therefore as an airline, it will be dif- tor, he said, “There will be a lot of DOHA It is better for travellers ficult for us to limit travel to vaccine pressure on airlines in the next 3 or to receive the vaccine recipients.” 4 years, as tourist destinations have Schools to QATAR Airways Group Chief Execu- before traveling, but He pointed out that the signifi- been severely affected, and the recov- tive Akbar Al Baker has said that the reality and numbers say that the cant increase in demand for air travel ery will take time.” reopen on demand for air travel in December vaccine will not be accessible in December 2020 led to a doubling He continued, “The important led to doubling of number of COV- to everyone, and therefore as of the number of infections in some thing is that with countries eas- August 29 ID-19 infections in some countries. countries, where there was a second ing their restrictions, it is difficult He, however, stressed that it is dif- an airline, it will be difcult and third wave, while some countries to control people. They will believe QNA ficult to limit travel to only vaccine for us to limit travel to vaccine suffered from a fourth wave. that life has returned to normal like DOHA recipients. recipients.” “With the easing of precaution- the pre-pandemic period and here “At the present time, we have — Akbar Al Baker, QA chief ary measures such as social distanc- begins the new wave of infections. Minister of Education and tried the IATA passport (health ing and the prevention of mixing We must bear in mind that this vi- Higher Education HE Dr Mo- passport) to one interface, which and gatherings, we are witnessing rus has not been contained, and the hammed bin Abdul Wahed is Istanbul, and it was a very suc- the other hand, there is an increase Jazeera TV. an increase in the rates of infection pandemic will continue. The virus Al Hammadi has issued cessful experiment. It is important in the number of people receiving The Qatar Airways chief said, “It with the virus, and not only this, will chase if people do not abide by a ministerial decision to when travellers feel confident that the vaccine, and Qatar Airways car- is better for travellers to receive the there may be a mutation to make it the recommendations of the health amend the annual calendar they know what laws are in force ried out the first flight in the world vaccine before travelling, but reality more virulent and thus not prevent- authorities and in turn, this will lead for schools. in the destination country because with a crew and passengers who re- and numbers say that the vaccine will ed by the vaccine,” he said. to a recession in the global travel According to the deci- COVID-19 will not disappear. On ceived the vaccine,” Al Baker told Al not be accessible to everyone, and On the recovery of the travel sec- market.” sion, students attendance in schools for the aca- demic year 2021-2022 will begin from August 29. The work for employees in schools for the academ- ic year 2021-22 will start BUILDINGS LIT UP TO MARK Qatari stocks jump on August 16. The dates for the second round exams for all QATAR FAMILY DAY grades (1 to 12 ) for the academic year 2020-21, will on plan to allow full start from August 18 and continue until August 26. foreign ownership Mosques to open 10 minutes before second azan for Buildings in Qatar lit up in green on the occasion of Qatar Family Day on Thursday to highlight Stocks jump 2.8% Friday prayer the importance of unity in families and societies. PAGE 13 after Cabinet THE Ministry of Awqaf and announcement Islamic Affairs has said that the mosques will open 10 SATYENDRA PATHAK minutes before the second DOHA azan for Friday prayer starting from this Friday until further QATAR’S stock market regis- notice. The decision was tered its biggest intraday gain conveyed by the Mosques in more than a year on Thurs- Management Department at day after Cabinet approved a the Ministry to Imams and draft law allowing foreign in- Muezzins. (TNN) vestors to own up to 100 per- Qatar Islamic Bank leapt milestone on the path to liber- cent in Qatari shareholding 8.3 percent, while Commer- alising the economy, with Qa- companies listed on the Qatar cial Bank surged 10 percent to tar setting the foreign owner- Stock Exchange. become the top gainer on the ship standard for the region,” Outperforming regional index. Akber Khan, senior director of peers, the Qatar Stock Ex- Qatar International Islamic asset management at Al Ray- COVID-19 claims 9 lives; change (QSE) general index Bank, Masraf Al Rayan and Al an Investment in Doha, was 3rd COVID vaccine dose jumped 293.68 points, or 2.8 Khalij Commercial Bank shares quoted as saying by a news percent, to close at 10,899.06 climbed 5.6 percent, 5.52 per- agency. 989 more test positive points. cent 3.67 percent respectively. Announcement of exten- likely needed within Once the law is implement- The Cabinet also decided sion of pandemic-prompted TRIBUNE NEWS NETWORK total number of recoveries in ed, listed companies will have to keep central bank liquidity financial support for private 12 months: Pfizer CEO DOHA Qatar to 171,985. Sadly, nine to individually approve the in- support for local banks based businesses also triggered opti- new deaths were recorded for creased limit. on need as the country braves mism in the Qatari market. QATAR on Thursday reported people aged 41, 42, 56, 58, 63, According to estimates by a second wave of coronavirus “With the loan-deferral 989 coronavirus (COVID-19) 68, 69, 79 and 85 years. Six of investment bank EFG-Hermes, infections. programme extending further, cases — 821 from community them had chronic diseases. the decision could trigger in- The banking sector index, businesses will have more time and 168 from travellers re- A total of 1,183,191 COV- flows of about $1.5 billion into which gained 3.1 percent, was to improve cash flow before turning from abroad, the Min- ID-19 vaccine doses have been Qatar’s listed companies. the best performing sector in- lenders assess the ability of cus- istry of Public Health (MoPH) administered since the start of “Stocks that could benefit dex on the day that saw QSE tomers to pay down deferred said in its daily report. the vaccination programme. As the most include Qatar Islamic market capitalisation rise al- dues and it allows for more loan Also, 597 people recov- many as 23,712 vaccine doses Bank, Masraf Al Rayan and the most QR8 billion to QR627 bil- restructuring,” an analyst said. ered from the virus during the have been administered in the Commercial Bank of Qatar,” lion. past 24 hours, bringing the past 24 hours, the MoPH said. the investment bank said. “This proposal is another Continued on page 2 THE CEO of Pzer Albert the ght against highly conta- Bourla has said that peo- gious variants. ple will most likely need a Researchers are still booster dose of the COV- unsure how long the ID-19 vaccine within a year of COVID-19 vaccine protects Cancelling Tokyo Olympics remains an getting fully vaccinated. against the virus. His comments made Pzer said earlier this option, says top Japanese lawmaker on April 1 became public month its COVID-19 vaccine on Thursday. Bourla also was more than 91 percent A top lawmaker in Japan’s ruling party said cision,” he added. said people may have to get effective at protecting on Thursday that the cancellation of the The LDP leader also told TBS that host- vaccinated against the virus against COVID and more Tokyo Olympics might be an option if the ing the Games is a “big chance for Japan. annually. than 95 percent effective coronavirus pandemic worsens. So we would like to make them successful.” “It is extremely important against severe disease up to “If they say it is impossible [to hold the Nikai told reporters later in the day: to suppress the pool of peo- six months after the second Olympics], the Games must be cancelled,” “The LDP remains committed to strongly ple that can be susceptible dose. Moderna’s vaccine, LDP secretary general Toshio Nikai said on support the holding of a safe and secure to the virus,” he told CNBC’s which uses technology a TBS (Tokyo Broadcasting System) talk Olympics.” Bertha Coombs during an similar to Pzer’s, was also show. The Olympic host city has been under a event with CVS Health. shown to be highly effective “What is the point of holding the semi-state of emergency over the pandemic He added the vaccines at six months, CNBC report- Olympics if they turn out to be a super since Monday amid a resurgence of infec- will be an important tool in ed.
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