Qatar to Achieve Budgetary Surplus in 2019

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Qatar to Achieve Budgetary Surplus in 2019 BUSINESS | 01 SPORT | 12 Al Khalifa: Bale snaps Qatar key to goal drought QNB despite as Real edge global expansion past Huesca Monday 10 December 2018 | 3 Rabia II 1440 www.thepeninsula.qa Volume 23 | Number 7736 | 2 Riyals Amir to patronise Doha Historical Dictionary of Arabic launch QNA DOHA Amir H H Sheikh Tamim bin Hamad Al Thani will patronise this morning the inauguration ceremony of the Doha Historical Dictionary of Arabic. The ceremony will be organised by the Arab Center for Research and Policy Studies of the Doha Institute for Graduate Studies. The Doha Historical Dic- tionary of Arabic, on which work commenced in May 2013, is the first dictionary that oversees the compilation of a historical lexicon of the Arabic language. Prime Minister attends Qatar Radio's Golden Jubilee celebrations The project has been under the guidance and support of H Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani, attended yesterday the ceremony held yb Qatar Radio to mark its 50th anniversary H the Amir Sheikh Tamim bin of founding (Golden Jubilee) at the Westin Hotel. The ceremony was attended by Speaker of the Shura Council, H E Ahmed bin Abdullah bin Zaid Al Mahmoud, a number Hamad Al Thani since His of Their Excellencies Sheikhs and Ministers, a number of senior officials of the Qatar Media Corporation and employees of radio and television channels affiliated to the Highness was the Heir corporation along with a number of the diplomatic corps accredited to the State. The Chairman of Qatar Media Corporation, H E Sheikh Hamad bin Thamer Al Thani, said: Apparent within his vision of “Since its establishment, the radio has contributed to enriching awareness and culture in the society and it has witnessed important stages in the country’s history.” `P2 preserving the Arabic language and the identity of the nation. Qatar considers respect for Qatar to achieve budgetary surplus in 2019 human rights a top MOHAMMAD SHOEB This ensures the stability and With the surplus The Minister said that Qatar’s creating favourable conditions to priority, says NHRC THE PENINSULA strength of Qatar’s financial sit- budget, Qatar will see stock market has fully recovered, support and promote an uation as well as offering a future with its performance rising among increasing role of the private The Minister of Finance H E Ali perspective that believes in the increase in budgetary the best stock markets since the sector across all sectors of the QNA Shareef Al Emadi said yesterday country’s capacity to continue to allocations for capital beginning of this year until now, local economy. DOHA that Qatar’s next general national grow and achieve a sustainable expenditure and which reflects investors’ confi- The government is also intro- budget for fiscal year 2019, development. spending in several dence in the Qatari economy. ducing laws allowing foreign The State of Qatar considers which is to be announced within The Minister, delivering his Highlighting the bold eco- nationals to invest and own busi- respect for human rights a top a few days, will have an esti- keynote address yesterday at the key sectors, Minister nomic reforms and business- nesses, properties in Qatar, and priority in accordance with mated surplus. opening of the 7th edition of of Finance H E Ali friendly legislations, he said that also offering permanent resi- international human rights With the surplus budget Qatar Euromoney Qatar Conference, Shareef Al Emadi said. Qatar has taken several strategic dency to expatriates who are standards, the National will see increase in budgetary noted that the key macroeco- decisions and measures to investing in the country. He also Human Rights Committee allocations for capital expend- nomic indicators such as GDP develop the business and stressed that government will (NHRC) said, adding Qatar is iture and spending in several key growth, trade surplus and inflation Qatar’s gross domestic product investment environment, to continue to work with the busi- working to strengthen them sectors, including infrastructure numbers prove that Qatar has long expanded by 5.9 percent in the first promote economic growth and nesses and investors to improve through continuous devel- and social sectors such as overcome the repercussions of the six months of this year compared sustainable development. business competitive and envi- opment of legislation, proce- healthcare, education and others. unjust blockade. to the same period last year. He also that government is ronment. `P2, Business O1 dures and practices on the ground. At the national level, Qatar has pioneering achievements in the promotion and Security of Gulf region QNB announces Neymar Jr protection of human rights and its advancement in many areas for citizens and resi- ‘vital for Europe, world’ dents and all those subject to as Global Brand Ambassador the jurisdiction of the State, QNA enhance independence and THE PENINSULA the NHRC pointed out. DOHA security,” he said. DOHA In its statement on the The Chairman of the MSC occasion of the International Chairman of the Munich Security called on Gulf states to reduce Human Rights Day today, the Conference (MSC) Wolfgang tensions, saying that a diplo- QNB Group, the largest financial Committee commended the Ischinger said that the security matic framework can be estab- institution in the Middle East and State of Qatar’s accession to of the Gulf region is important lished to ease tension, establish Africa, has announced the the International Covenants for Europe and the whole world, a model of joint cooperation, appointment of the Brazilian on Human Rights, the Inter- stressing the importance of a role and the GCC is a model for soccer star and Paris Saint national Covenant on Civil by the EU to contain crises in the regional cooperation. If it does Germain player, Neymar Jr, as and Political Rights and the Middle East. not succeed, it must be replaced the Group’s Global Brand Ambas- International Covenant on Ischinger was delivering a by another formula, he said, sador. Economic, Social and Cul- lecture at Qatar University yes- adding there are no ready solu- The exclusive partnership tural Rights, which would terday as part of the “Third tions for the problems of the was signed by Yousef Darwish, reflect positively on strat- Annual International Interdis- countries of the region, but General Manager of QNB Group egies, policies and legislation, ciplinary Conference: Gulf there are some lessons that can Communications, and Neymar the most prominent of which Crisis, Repercussions and be used. Silva Santos, Owner of NR Sport is its National Vision 2030. Future”. He said the future of Ischinger warned against & Marketing, during the signing The NHRC stressed that, the Gulf region and its security the return of the spirit of con- ceremony held recently at QNB under the wise leadership of is important for Europe, and flict on the world stage because branch in Paris. Amir H H Sheikh Tamim bin any kind of tension will inevi- of the competition of the major The agreement grants QNB Hamad Al Thani, Qatar has tably affect the Europeans. powers, calling for effective all exclusive marketing rights of taken a legislative approach “This region is the main pro- reforms in international insti- Neymar Jr as a Brand Ambassador in line with the principles of vider of energy we need,” tutions in order to tackle the of all the Group’s marketing cam- Yousef Darwish, General Manager of QNB Group Communications, preserving, respecting, pro- Ischinger added. new forms of conflict. paigns and advertising platforms meeting Neymar Jr. moting and protecting these “We have a large market of He argued that the conflicts in which he will appear across its rights in all fields, pointing 500 million people, and they of the 21st century are uncon- major businesses. out that it has been encour- need energy. The EU is moving ventional. Therefore, the The partnership with its global community of cus- visibility in support of its vision aging the State to continue towards diversifying energy current international mecha- Neymar Jr underpins the bank’s tomers around the world with to become a leading bank in the this development and sources and reducing nisms are unable to confront key values that reflect its com- the best banking products and Middle East, Africa, and reforms.`P2 dependence on one source to them, he said. `P2 mitment and passion to provide raise its $4.2bn valued brand’s Southeast Asia by 2020. `P3 02 HOME MONDAY 10 DECEMBER 2018 Amir condoles with President of Colombia DOHA: Amir H H Sheikh Tamim bin Hamad Al Thani sent yester- day a cable of condolences to the President of the Republic of Colombia, Ivan Duque, on the death of the Former President of Colombia Belisario Betancur. Deputy Amir H H Sheikh Abdullah bin Hamad Al Thani and Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani also sent cable of condolences to the President. Amir greets President-elect of Swiss Federal Council DOHA: Amir H H Sheikh Tamim bin Hamad Al Thani sent yester- day a cable of congratulations to Ueli Maurer on the occasion of election as President of the Swiss Federal Council, wishing him success in his duties, and Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani with H E Ahmed bin Abdullah bin Zaid Al Mahmoud, Speaker of the Shura Council; H the relations between the two E Sheikh Hamad bin Thamer Al Thani, Chairman of Qatar Media Corporation, and other officials during the ceremony. Several long-term serving employees were honoured. friendly countries’ further devel- opment. Deputy Amir H H Sheikh Abdullah bin Hamad Al Thani PM attends Qatar Radio Golden Jubilee celebrations and Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani also THE PENINSULA ministers, a number of senior His Excellency praised the leadership.
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