ISO 9001:2008 CERTIFIED NEWSPAPER QNB acquires Lekhwiya’s 12.5pc stake Laudrup QSL in Ecobank Coach of Month Business | 14 Sport | 23 Friday 5 September 2014 • 10 Dhu’l-Qa’da 1435 • Volume 19 Number 6179 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Unified GCC March against wars petrol prices under study Oil Ministers to meet in Kuwait DOHA: The authorities con- US dollar equals 3.7507 riyals). cerned in the GCC states are In Oman, a litre of petrol taking a closer look at the pos- costs 151 baisas, roughly 1.51 sibility of unifying the prices UAE dirhams (A thousand bai- of petroleum products in the sas make an Omani riyal and one region. Studies are continuing US dollar equals 0.3849 Omani to assess the feasibility of price riyals). unification. In Bahrain, a litre of petrol GCC oil ministers are expected costs 100 fils (1,000 fils make one to meet in Kuwait next week and dinar and one dollar is equal to discuss the price unification issue 0.3771 dinars). along with other subjects on the In Qatar, a litre of super pet- agenda. rol is available for QR1, while This will be the 33rd meeting the price of premium petrol is 85 of the Petroleum Cooperation dirhams (one US dollar equals Anti-war protesters march to Cardiff Castle where world leaders began the Nato Summit 2014 at the Celtic Manor Resort, Newport, Wales, Britain, Committee of the GCC to be held 3.65 Qatari riyals). yesterday. in Kuwait on Thursday, Qatar In Kuwait, the petrol price per News Agency (QNA) reported litre is 95 fils (1,000 fils make one yesterday. dinar and one US dollar equals The meeting is likely to discuss 0.2859 dinar). the possibility of unifying the Diesel prices also vary in the prices of petroleum products in GCC countries. In Qatar, the School student number reaches 243,000 the GCC region, said QNA. price was raised to QR1.50 last A day earlier, on Wednesday, May from QR1 per litre. DOHA: The number of students In 2013, in 178 Independent families with school-going chil- year began earlier, although their undersecretaries of the oil minis- In Qatar, petrol prices were enrolled in schools in Qatar has schools some 98,332 students dren feel financially constrained schools were closed for the sum- tries from the six GCC countries last revised in January 2011. reached over 243,000, up more were enrolled. The number has in these times of rising prices. mer and reopen on Sunday. are slated to meet in Kuwait to Until then super petrol was sold than 51,000 since 2013 or more reached 105,191 this year. Community sources say In the cash-rich Qatari com- make preparations for the min- for 70 dirhams a litre. than 25 percent. Private school enrolment last depending on which school chil- munity, many students buy sta- isterial meeting. Observers are of the opinion There are 178 Independent year was 94,177 and has gone up dren go and a family’s income, tionery in bulk as they give away The rates of petroleum prod- that if the prices of petroleum and 154 private schools, including this year to 138,347 — by over 40 they must spend about QR500 these items to friends as gift. ucts in the oil-rich GCC coun- products are unified in the GCC international, Arabic, community percent. to QR1,000 on average on a child There are hardly any com- tries vary sharply. states, they might be brought on and embassy schools. This shows that more expa- preparing to go back to school plaints about rising prices of They are the lowest in Saudi a par with those in the UAE. In 2013, there were 47 kinder- triate families have entered after the long summer break. school items this back-to-school Arabia and the highest in the The ministerial meeting is also gartens, including eight that were the country this year as is evi- Book and stationery shops and season. UAE. likely to discuss common draft opened. This year six new kinder- denced from the increase in the commercial centres selling school An expatriate said he had For example, petrol (super) regulations for mining in the gartens have been added. population. items are doing brisk business, bought school items like note- sells for 1.61 dirhams a litre in region, QNA added. Also this year, 15 new schools As on August 31 last year, the with nearly all having launched books and pencils for his children the UAE. One US dollar equals It is also expected to take up have been added and seven pri- population was 1,804,817 or over back-to-school promotions. from his country during vacation, 3.6729 UAE dirhams. the issue of enhancing coopera- vate schools allowed to set up 1.8m. On August 31 this year, the For students in some commu- thinking they would be cheaper. It is the cheapest in Saudi tion among national oil compa- branches in different parts of the figure was 2,077,357, up 212,540. nities like Indians and Filipinos, But he said he was surprised to Arabia, at 55 halala per litre (100 nies in the region, QNA said. country to cope with increasing Meanwhile, as schools reopen this is technically not the back-to- find that prices were better here. halalas make one Saudi riyal. One THE PENINSULA demand. on Sunday, limited-income expat school season as their academic THE PENINSULA Iran gets $1bn Qatar’s 2022 FIFA World Cup under extended would be wonderful: Official INCHEON, SOUTH KOREA: The Vice-President of the nuclear deal International Sports Press Association, Izzat Yalmer, has under- lined that Qatar’s 2022 FIFA World Cup would be a ‘wonderful’ DUBAI: Iran’s central bank event, stressing that time has come for this region of the world to has received $1bn of previously have an opportunity for organising the World Cup. frozen oil revenue from Japan On the sidelines of the Asian Sports Press Association meeting in under the terms of an extended Inchon, South Korea, Yalmer said this region had been waiting for nuclear agreement with six several years to hold such an event. “I have visited Qatar before and world powers, state news agency I know how they (Qataris) run things when they want to organise an IRNA reported yesterday. event and I’m sure that Qatar’s 2022 FIFA World Cup would be very Iran and the US, China, good.” He criticised those slamming 2022 FIFA World Cup, saying they France, Germany, Britain and are probably do not know how to think about this region, and do not Russia agreed in July to extend know habits of the Islamic world. He said the Muslim community when a six-month interim deal until hosting an event will do their utmost to make it a success. “I think November 24 after they failed to then they would discover that they had made a mistake,” Yalmer said, meet a July 20 deadline for a long- urging the Islamic world to provide support to Qatar to hold the event. term deal to end their dispute. Palestinians stand next to their destroyed homes as a bulldozer cleans up the rubble in the Shejaiya neighbourhood In return for continuing action GCC set to waive customs duties on of Gaza City yesterday. to curb its nuclear programme, Iran would receive $2.8bn during goods for people with special needs the four-month extension of its funds in foreign banks, in addition DOHA: The Gulf Cooperation Council (GCC) is looking forward to Rebuilding Gaza to cost $7.7bn to $4.2bn paid during January- introduce exemption of customs duties on goods carried by people July. US officials say more than with special needs for their personal use, the Arabic newspaper RAMALLAH: The recon- Since 2006, Gaza has been sub- its third war in six years. $100bn of Iran’s funds are held Eqtisaadiya reported yesterday, quoting a source in the Customs struction of the Gaza Strip, ject to the blockade that, among The conflict cost the lives abroad and difficult to access Department in Oman. A proposal has been made to incorporate devastated during 50 days of other things, prevents the entry of more than 2,140 Gazans, because of tightening sanctions on amendments to Article No 25 of Customs Law. The proposal was war with Israel, will cost about of construction materials, which destroyed thousands of homes, the major oil producer in recent raised during a recent meeting of GCC customs authorities. $7.7bn (6bn euros), Palestinian can be used by militants to build damaged the sole power plant and years. experts said in a report tunnels and fortifications. burnt dozens of factories. But the The UN nuclear agency had Ukraine ceasefire likely from today yesterday. According to a ceasefire signed 1.8m-2.2m tonnes of debris esti- confirmed on August 20 that Iran The Palestinian Economic in Cairo, these restrictions should mated to have resulted from the was moving to meet the require- NEWPORT, WALES: Ukrainian President Petro Poroshenko and Council for Development and be eased, but no such materials destruction of buildings could also ments of the extended deal, pav- the main pro-Russian rebel leader, Alexander Zakharchenko, Head Reconstruction, a Palestinian have yet been let in through bor- be used to expand the territory ing the way for some of the money of Donetsk People’s Republic said they would order ceasefires today.