99% of Umm Al Houl Power Plant Complete
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BUSINESS | 17 SPORT | 24 Opec, allies must Katara to host ceremonialal keep oil supply start for Qatar curbs: Dr Al Sada Cross-Country Rally Friday 6 April 2018 | 20 Rajab I 1439 www.thepeninsula.qa Volume 23 | Number 7488 | 2 Riyals Freedom to use data with Bill Protection! Terms & conditions apply 99% of Umm Al Houl Emir meets CEO of Barclays Bank Power Plant complete THE PENINSULA During a visit, the Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin DOHA: Prime Minister and Interior Minister H E Sheikh Khalifa Al Thani was briefed on the progress Abdullah bin Nasser bin Khalifa of the plant, one of the largest desalination Al Thani made an inspection and power generation plants in the region visit to Umm Al Houl Power with a daily production capacity of 136 million Plant of Qatar Electricity and Water Company (QEWC). gallons of water and 2,520 MW of electricity, During the visit, the Prime built at a cost of approximately QR11bn. Minister was briefed on the progress in the station which has been completed by 99 percent production capacity of 136 25 percent of Qatar’s needs of and is scheduled to be officially million gallons of water and electricity and 30 percent of its opened soon. 2520 MW of electricity and with water needs. The plant applies Umm Al Houl Power Plant a total cost of approximately state-of-the-art technologies is one of the largest desalination QR11bn. that conserve the environment Emir H H Sheikh Tamim bin Hamad Al Thani met yesterday at Al Bahr Palace with Chief Executive and power generation plants in Once completed, Umm Al and ensure highest standards in Officer of Barclays Bank, Jes Staley, on the occasion of his visit to the country. the region with a daily Houl Power Plant shall provide water production and electricity generation. At the end of the visit, the Prime Minister praised the Economic approach proved achievements made in this huge project, flexibility despite unjust siege which oper- ation depends THE PENINSULA on highly effi- cooperation relations with other projects and investments to cient and countries based on mutual transition towards knowledge- skilled Qatari DOHA: Ambassador of the State interests and respect. based economy, which ensures engineers of Qatar to the Federal Republic Sheikh Saud bin Abdul- keeping up with the current and techni- of Germany, Sheikh Saud bin rahman Al Thani explained the developments. cians, Abdulrahman Al Thani, said the economic situation in Qatar, the Stemming from its national lauding the Qatari economic approach rich investment opportunities it vision, Sheikh Saud bin Abdul- company’s proved its flexibility despite the has and the safe investment rahman Al Thani said, Qatar Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al efforts in the unjust siege on the State of Qatar environment it enjoys. He also worked on providing a suitable Thani during an inspection visit to Umm Al Houl Power Plant of Qatar Electricity policy of jobs that opposes all international touched on Qatar’s success in investment atmosphere through and Water Company (QEWC). SEE ALSO PAGE 2 Qatarisation. laws and regulations. facing the unjust siege imposed a series of investment-attracting The ambassador made the on it and presented for the laws and legislations, in addition remarks during a lecture that he audience two films about Qatar to the political and social sta- delivered in Hamburg at the National Vision 2030 and the bility the country enjoys and its MEC issued 543 special Doha Document helps stability invitation of Hamburg Chamber economic zones. involvement in strong and bal- of Commerce and the Euro- The Ambassador said Qatar anced relations with all parties, licences in March in Sudan, says Darfur leader Meditteranean-Arab Association was one of the first oil producing as well as its unique geographic QNA (EMA), reported QNA. More than countries in the Middle East and location. DOHA: The Ministry of Economy and 50 economists, academics, busi- realised early the need to shift Sheikh Saud bin Abdul- Commerce issued its monthly report nessmen and owners of small from an oil economy to a rahman Al Thani explained the on the special licences of sales and KHARTOUM: The head of Liberation and Justice Movement and medium enterprises knowledge-based economy. flexible economic measures that promotions for the month of March, in Sudan, Tijani Sissi, said that the Doha Peace Document attended the lecture. Hence, it sought for a long time Qatar has adopted in order to which included 543 licences. for Darfur served the internal stability of the country through He said Qatar benefited to diversify the national income stimulate domestic and foreign According to the report, the its successful model of peace in Darfur, which reflected from such a tough experience sources and merge into the investments, including the series number of sales licences amounted positively on the country. and was consciously able to global economy in order to of legal and legislative upgrades, to 80, while the number of licences This came during a statement yesterday, broadcast by the derive lessons from the situ- increase the competitiveness of in addition to supporting of promotional offers were 463. Sudanese radio channel after meeting with Sudanese Assistant ation, particularly with regards its national economy. projects that aim to localise Of the promotional offers, 96 to the President, Faisal Hassan Ibrahim. Tijani Sissi, former to opening Qatar’s economy for He added that this reali- foreign industries in Qatar as licences were granted for goods at Chairman of the Darfur Regional Authority, said that the meeting initiatives and investments, sation came from a true political well as those that pay attention shopping centres and stores, and 349 dealt with the overall peace process in Darfur and the national diversifying income sources and will to change economic struc- to national personnel. licences were granted for special files related to dialogue, political stability, constitutional process achieving economic inde- tures as it is the only thing offers. and the establishment of dialogue commissions. pendency within bilateral capable of directing new CONTINUED ON PAGE 3 2022 World Cup likely to create $10bn investment opportunities for US firms THE PENINSULA organised in Miami by the Min- the tournament,”he said. Al Emadi, spoke on a panel istry of Economy and Commerce “For example, many of the alongside Abdulrahman Al Khay- DOHA: The 2022 FIFA World in cooperation with Qatar contracts to build our stadiums areen, CEO of WIDAM Food Cup in its entirety is expected to Chamber, US Chamber of Com- sit with international companies, Company, Fahad Al Kuwari, of create over QR30.64bn ($10bn) merce, Qatari Businessmen which form Joint Venture part- the Ministry of Energy & Industry, in investment opportunities for Association and US Qatar nerships with local companies and Mohammed Al Malki, Chief US companies. Over the past year Business Council. The Forum to build local capacity and create Planning & Development Officer alone, the Supreme Committee took place at the Four Seasons a sustainable economic legacy. at Manateq for Delivery and Legacy (SC) has Hotel in Miami. Many of our leading commercial The Forum is the first part of entered commercial agreements SCs Commercial Assurance partners are from the US and a month-long US roadshow worth over QR1.82bn ($500m) Manager, Mohammed Qassem there are a wealth of opportu- being led by Qatar’s Ministry of with US businesses. Al Emadi spoke on a panel dis- nities remaining for US busi- Economy and Commerce. It aims The 2022 World Cup in Qatar cussing the international nesses to seize,” Al Emadi added. to highlight Qatar’s investment represents an ‘enormous’ eco- business opportunities pre- The Forum sought to inform in the US and the strong and nomic opportunity not only for sented by the 2022 FIFA World US business leaders of the deep-rooted relationship Qatar but also for its interna- Cup. Supreme Committee for Delivery and Legacy (SC) Commercial myriad commercial opportu- between the two countries. The tional trading partners, said a “The Qatar World Cup not Assurance Manager Mohammed Qassem Al Emadi (second right), nities on offer in Qatar’s growing, roadshow will visit four cities senior official of SC. only represents an enormous and other officials during the Qatar-US Economic Forum in Miami, resilient economy. It also aimed across the US, starting in Miami, He was speaking at a panel economic opportunity for Qatar, Florida, yesterday. to build on an already strong Florida, then Washington DC, discussion at the Qatar-US Eco- but also for Qatar’s international economic relationship between Charleston, South Carolina and nomic Forum, which was trading partners. We are working with businesses from all over the world to prepare for the two countries. Raleigh, North Carolina. 02 HOME FRIDAY 6 APRIL 2018 Prime Minister visits Umm Al Houl Power Plant QA to debut A350-900 on Prime Minister and Interior Minister H E Doha-Cardiff route launch Sheikh Abdullah THE PENINSULA bin Nasser bin Khalifa Al Thai during DOHA: Qatar Airways an inspection announced yesterday that the visit to Umm inaugural flight for its soon-to- Al Houl Power launch Doha to Cardiff route will Plant of Qatar be flown using the ultra-modern Electricity and Airbus A350-900 on the day of Water Company, inauguration, in recognition of yesterday. the aircraft’s links to Wales. From May 1, Qatar Airways will be the first airline to offer daily flights between Doha and Cardiff, providing the Welsh capital with links to the rest of the world via Qatar Airways’ From May 1, Qatar Airways will be the first airline to offer daily extensive global route network.