Business

THURSDAY 12 NOVEMBER 2020 NakilatN included in MSCI Emerging MMarkets Large Cap Index InI the midst of the current unprecedented challenging time, wew are very pleased to be included in the MSCI Emerging MarketM Large Cap Index.

Eng.E Abdullah Fadhalah Al Sulaiti CChief Executive Officer of Nakilat BUSINESS | 02 QSE 10,119.69 -12.16 (0.12%) FTSE 100 6,382.10 +85.25 (1.35%) DOW 29,310.88 −110.04 (0.37%) BRENT$43.84 (+0.24)

Your Global Remittance Partner Currency TT Rate Currency TT Rate Currency TT Rate Currency TT Rate QAR/INR : 20.10 QAR/PHP : 13.12 QAR/LKR : 50.40 QAR/BDT : 23.15 EUR/QAR : 4.46 GBP/QAR : 4.93 CAD/QAR : 2.90 AUD/QAR : 2.79 CHF/QAR : 4.23 SGD/QAR : 2.91 KWD/QAR : 12.10 OMR/QAR : 9.58 MAIN BRANCH LULU HYPER MARKET SANAYYA (STREET 17) AL KHOR PH: 44441448 PH: 44650768 PH: 44510088 PH: 44213444 MATAR QADEEM MANSOURA - AL MEERA BIN OMRAN - ALMEERA PH: 44655559 PH: 44357552 PH: 44621271 PH: 44162002 alzamanexchange www.alzamanexchange.com 44441448 Manateq to invest QR10.3bn Al Sada conferred Order of in new industrial zones: CEO the Rising Sun by Japan MOHAMMAD SHOEB Kaabi told this newspaper over THE PENINSULA telephone. QNA — TOKYO This massive amount Al Kaabi added: “These The Economic Zones Company- of money will be projects include infrastructure HM Emperor Naruhito of Japan (Manateq) has announced spend on developing development in new industrial granted yesterday the Order of to invest over QR10bn in devel- zones in Mesaieed, Al Khor, Al the Rising Sun to former oping infrastructure in various basic infrastructure Ruwais logistics area and also Minister of Energy and Industry, industrial zones, the Chief Exec- facilities such as a part of industrial H E Dr. Mohammed bin Saleh utive Officer of Manateq, Fahad water, electricity and complex. Al Sada, who is also the former Rashid Al Kaabi, (pictured) told sewer system in new He said that during the Chair of the Japan-Qatar Joint The Peninsula in an exclusive meeting, senior officials of Economic Committee, at the interview, yesterday. projects over the next Manateq also discussed some Imperial Palace. This massive amount of five years. operational efficiency and stra- The Order of the Rising Sun money will be spend on devel- tegic modifications of the eco- was conferred on Al Sada in oping basic infrastructure facil- nomic zones company which is appreciation for his role in ities such as water, electricity and the meeting we discussed a lot overseeing the development and ensuring the success of the sewer system in new projects of items on the agenda of the operation of various logistics Japan-Qatar Joint Economic over the next five years. This esti- meeting, including our future parks, warehousing complexes, Committee, his role in devel- mated investment of QR10.3bn projects which are worth and industrial zones across the oping bilateral relations in the ($2.83bn) is new allocation, and approximately QR10.3bn,” Al country. These projects are part field of energy, ensuring stable does not include of the Qatar’s long-term vision supply of oil and gas to Japan Manateq’s other to transform and diversify the during his tenure, in addition to projects which are energy-rich economy into a his contributions to the success already under well-developed and sustainable of the LNG Producer-Consumer development or at society by 2030. Conference hosted by Japan. H E Dr. Mohammed bin Saleh Al Sada with officials during the event. the verge of com- “Manateq’s Annual Planning The official ceremony was pletion, said the Forum was held today. This year attended by HE Prime Minister granting him the Grand Cordon H H Sheikh Hamad bin Khalifa CEO of the state- was focused on “Providing Prac- of Japan Yoshihide Suga, a of the Order of the Rising Sun, Al Thani in adopting a balanced backed company. tical Solutions Towards Excel- number of Their Excellencies stressing that it was a tribute to an active diplomacy based on “Today we held lence”. The annual forum is an ministers and high-ranking the State of Qatar. He stressed mutual respect and enhancing our Annual meeting important part of Manateq’s Japanese officials, and Ambas- that the strong bilateral ties cooperation with friendly coun- and discussed the mission to create business envi- sador of the State of Qatar to between the two countries over tries in all fields.His Excellency five-year plan, ronment that enables investors Japan, H E Hassan bin many decades is a result of the praised the strong bilateral ties, which is in line with to deliver value added products Mohammed Al Emadi. vision and wise policies of Amir particularly in the field of the government’s & services,” said the company For his part, Al Sada H H Sheikh Tamim bin Hamad energy saying it played a big strategy and long- on its official twitter handle, yes- expressed his appreciation to Al Thani, as well as the estab- role in enhancing ties in all the term vision. During terday. `P2 the Japanese government for lished rules set by Father Amir other fields. Sale of Qetaifan Island North’s Phase 2 Villa Plots launched

SACHIN KUMAR Qetaifan Island North. THE PENINSULA The project also “The demand for investment features 10 villas with in phase 1 of Qetaifan Island Sheikh Nasser bin Abdul beach views. The beach North reflects the position the Rahman Al Thani, Managing villas have access to a company has reached in the Director of Qetaifan Projects local real estate development and Vice Chairman of Katara 5-star operated beach market, indicating that the Hospitality, launched the sales which makes it an project represents a starting of the second phase of resi- innovative offering point for Qetaifan Projects dential villa plots, yesterday. launched for the first towards developing more Phase 2 Villa Plots consist of 51 time in the the Middle projects and serving various plots which include beach state sectors,” said Sheikh access villas, waterfront villas, East. Nasser bin Abdul Rahman Al and garden villas. The project Thani. also features 10 villas with Qetaifan Island North is part beach views. The beach villas success, we announce the sales Sheikh Nasser bin Abdul Rehman Al Thani (centre), Managing Director of Qetaifan Projects; Nasser of Lusail city, and features seven have access to a 5-star operated launch of Phase 2 Villa Plots, Hassan Al Ansari (left), Chairman of Just Real Estate, and Salman Jassim Al Darwish, Chairman and beaches, which makes it a dis- beach which makes it an inno- consisting of 51 plots including CEO of Al Boraq Automobiles, during the launch of Qetaifan Project Phase 2 Villa Plots sale at The tinctive waterfront for the city. vative offering launched for the beach access villas, waterfront Ritz-Carlton yesterday. PIC. ABDUL BASIT/THE PENINSULA The island spans 1.3 million first time in the the Middle East. villas, and garden villas,” said competitive prices, and Projects, and Nasser Hassan Director of Admares and other sqm, and the area of projects on “Given the high demand on Sheikh Nasser bin Abdul financing facilities for either Al Ansari, Chairman of the senior officials were also the island extends to approxi- Qetaifan Island North’s Phase 1 Rahman Al Thani addressing a owners or investors,” he added. Board of Directors of Just Real present during the event. mately 830,000sqm. villa plots, which was launched press conference held yesterday The press conference was Estate Company, and Salman During the conference, “We believe in the future of last year during Cityscape exhi- at The Ritz Carlton Hotel. also attended by Hesham Jassim Al Darwish, Chairman Qetaifan Projects signed a Qetaifan Island North and are bition after studying the market “We have launched a new Sharaf, Chief Operating and CEO of Al Boraq Automo- memorandum of understanding working hard and sincerely to and by offering competitive real estate product for the first Officer; Sheikh Nasser bin biles Co. W.L.L. Additionally with Al Boraq Automobiles, make the island a pioneering prices and payment facilities to time in the Middle East, which Abdulaziz Al Thani, Head of Eng. Jamal Al Kaabi, Board which includes the supply and touristic destination,” said owners and investors, and in is 10 villa plots with access to a Business Development Member of Qetaifan Projects, construction of electric charging Sheikh Nasser bin Abdul continuation of the company’s five-star operated beach, at Department at Qetaifan and Samer Malaeb – Regional stations for electric cars on Rahman Al Thani. P3 QFC to become new frontier in aircraft finance QSE clarifies on trading THE PENINSULA — developments in the aviation CEO, Aventicum MENA & that will make it more resilient volume of Mazaya Real Estate industry, the webinar partici- Frontier Markets and John Gould, to global challenges and the Qatar Financial Centre (QFC), a pants discussed current market Head of Aerospace, Logistics and private sector will no doubt play QNA — DOHA The company stated that there leading onshore financial and trends amidst the challenges of Maritime, QFZA, the thought- a critical role in this. We believe was no information or deci- business centre in the region, the COVID-19 outbreak. They provoking webinar showcased that the QFC provides a compet- Qatar Stock Exchange (QSE) sions that were not yesterday highlighted the stra- also identified key factors the conclusions of the latest itive alternative environment clarified yesterday that the disclosed. tegic role of the aviation required boost growth in the reports on the suitability of the from which players in the air- “Mazaya Real Estate Devel- QSE noted that Mazaya Real industry as an integral aircraft finance and leasing QFC’s Tax and Legal Regime for craft industry can grow their opment” has affirmed that Estate Development affirmed component of the global sector noting the QFC’s com- aircraft financing and leasing. business and the views of the there is no undisclosed infor- its full commitment to laws and economy and showcased its petitive offering in this regard The speakers also discussed the industry experts expressed mation or decisions, or legislations related to the prin- suitability as an aircraft and also highlighted emerging QFC as a new frontier market in during today’s webinar only substantial news affecting the ciples of disclosure and trans- financing and leasing desti- opportunities in Qatar’s wider aircraft finance. serve to confirm this.” increase in trading volume on parency, and its keenness on nation during a webinar aviation sector. Yousuf Mohamed Al Jaida Al Jaida added, “Backed by its shares. the interests of dealers. entitled: ‘A New Frontier in Led by Yousuf Mohamed Al said, “While the international our well-developed and com- QSE said in a statement on In a similar development, Aircraft Finance’. The event was Jaida, CEO, QFC Authority; Salah airline industry continues to prehensive legal and tax its website that the man- QSE had clarified on Tuesday held in collaboration with PwC, Gueydi, Director of Tax, QFC; recover from the devastating regimes, the QFC is well suited agement of Qatar Stock that the “Qatari German K&L Gates, Magi Aviation Roscoe Banks, Legal Director, effects of the COVID-19 pan- to serve as a hub for the aircraft Exchange, based on the prin- Medical Devices Co.” affirmed Capital, Aventicum Capital QFC; Sajid Khan, Qatar Tax demic, the development of new financing and leasing industry ciple of disclosure and trans- that there is no undisclosed Management and Qatar Free Leader, PwC Middle East; Sidanth vaccines will no doubt begin to and to further contribute in parency, had addressed that information or decisions, or Zones Authority (QFZA). Rajagopal, Partner K&L Gates; revive international travel. The boosting the growth potential Mazaya Real Estate Devel- substantial news affecting the Providing a comprehensive Sean Cleghorn, CEO Magi Avi- aviation industry is, at the same of this sector in Qatar and the opment regarding the high increase in trading volume on overview of latest ation Capital; Fahmi Alghussein, time, re-organising itself in ways region.” volume of trading on its shares. its shares. 02 BUSINESS THURSDAY 12 NOVEMBER 2020 InterContinental Doha partners with QC takes part in virtual Porsche to promote sustainability FGCC Chambers meet

THE PENINSULA - DOHA Solutions” designed to reduce installed in the covered VIP “We are excited to hotel environmental impact by parking lot of InterContinental partner with Porsche Leading a responsible business decreasing carbon footprint and Doha and it is a new addition Doha to provide free is part of IHG vision. Hospitality Qatar nation’s sustainability of the Porsche Destination charging facilities for industry is seeing sustainable vision, InterContinental Doha Charger network available to activities on the rise, corporate commence collaboration with use complimentary by Porsche all electric and hybrid clients and sport organisations Porsche Centre Doha. customers and electric and vehicles, which is in increasingly interested in “We are excited to partner hybrid vehicle owners. line with the promise hotels’ environmental pro- with Porsche Doha to provide Salman Jassem Al Darwish, grammes. It is therefore free charging facilities for all Chairman and CEO of Porsche to continue to drive our becoming an imperative for electric and hybrid vehicles, Centre Doha, said: “Over the sustainability efforts”, InterContinental Doha to dem- which is in line with the last few months, we have been said Andreas Pfister, onstrate its commitment to sus- promise to continue to drive our expanding our Porsche Desti- Director of Operations tainability and contribution sustainability efforts”, said nation Charging programme towards global environmental Andreas Pfister, Director of with several new installations Northern Gulf and priorities. Operations Northern Gulf and in strategic locations. This General Manager of Chairman of Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani As part of IHG’s Green General Manager of InterCon- recent set-up at the milestone InterContinental Doha. participating in the 53rd meeting of the Federation of GCC Chambers Engage initiatives which com- tinental Doha. in our plans to provide cus- prises more than 200 “Green Porsche charging station is tomers with peace of mind. (FGCC Chambers) held virtually, yesterday. The current ramp-up is in line with our preparations to offi- THE PENINSULA - DOHA cussed updates of the estab- cially start deliveries of our lishment of the new head- first all-electric model, the Qatar Chamber (QC) partici- quarters of the federation. Taycan.” pated in the 53rd meeting of the The meeting’s agenda also Located on Doha’s longest Federation of GCC Chambers reviewed the annual report on private beach, the iconic Inter- (FGCC Chambers) held virtually revenues and expenses and Continental Doha and Resi- yesterday. final accounts of the FGCC dences offers world-class facil- QC’s Chairman Sheikh Chambers General Secretariat ities with unparalleled service. Khalifa bin Jassim Al Thani for the year 2018, as well as It is the perfect place to indulge headed the Chamber’s dele- appointment of auditor for the in the vast array of culinary gation participating at the year 2020 and the annual choices offered by award- meeting. report for 2019. winning restaurants from fan- The meeting ratified the The meeting further dis- tastic Peruvian fare at La Mar, minutes of the 52nd meeting of cussed the agenda of the 54th ice-cold European brews at the FGCC Chambers held in meeting of FGCC Chambers to Belgian Café, signature bev- Muscat in December 2019 and be held on December 24, 2020 erages at La Vue, and sip on the followed up on its decisions. and a memorandum on coop- perfect cup of Afternoon Tea at It also reviewed the findings eration between the FGCC The Lounge or escape into a of the study on the restruc- Chambers and the GCC’s haven of relaxation at the turing of the FGCC Chambers’ General Secretariat on interna- Senior officials of InterContinental Doha and Porsche Centre Doha during the signing ceremony. property. General Secretariat and dis- tional economic relations. HMC, Waseef and QRCS hold blood donation drive

THE PENINSULA - DOHA of Barwa Real Estate Group need. Waseef is eager to take part in serving labourers in Qatar. Waseef, which manages different CSR initiatives, always Waseef, the pioneer of real This campaign is part of the and rents the Workers’ Housing seeking to promote health estate management and mar- company’s corporate social facilities in Al-Khor, expressed awareness among the resident keting, co-held with Qatar Red responsibility (CSR), with a thanks to QRCS and HMC – workers and beneficiaries of Crescent Society (QRCS) and view to raising awareness Blood Donor Center for coop- the projects it manages. Hamad Medical Corporation among laborers about the eration to make the drive a The company, a subsidiary (HMC) – Blood Donor Center a importance of humanitarian success. It was widely wel- of Barwa, continues to engage blood donation campaign action, educating them on key comed by the laborers, who in community-oriented and among the residents of the health issues from the con- commended it as helping to health-oriented activities, Workers’ Housing in Al-Khor. cerned organizations, and pro- save the lives of patients and building awareness among Workers’ Housing in viding the health institutions injured people. workers about the value of Residents of Workers’ Housing in Al-Khor waiting for their trun at Al-Khor is one of the projects in Qatar with the blood they It is note worthy that community service in Qatar. the blood donation facility in Al Khor, recently. Manateq to invest QR10.3bn in new projects: CEO Nakilat included in MSCI Emerging Markets Large Cap Index

THE PENINSULA - DOHA

Nakilat (Qatar Gas Transport Company) has been added to the Morgan Stanley Capital Interna- tional (“MSCI”) Emerging Markets Large Cap Index as a constituent of the MSCI Qatar Large Cap index, effective as of the market close of November 30, 2020, announced the company yes- terday. This comes following Morgan Stanley Capital Interna- tional Inc.’s (MSCI) Semi-Annual MSCI Emerging Market Large strategic guidance which has Index Review (SAIR) and its sub- Cap index. This great supported for this great success,” sequent announcement on achievement is a result of the he said. November 10. company’s sustainable and bal- Al Sulaiti added: “As our The company’s inclusion by anced corporate strategy to focus has always been to deliver Senior officials of Economic Zones Company- Qatar (Manateq) attending the company’s Annual MSCI demonstrates the great achieve long-term impressive quality service to our charterers Planning Forum, yesterday. confidence of capital markets in risk adjusted returns to Nakilat’s and to maximise returns for our Nakilat. An MSCI inclusion will shareholders, which includes shareholders, I am confident that FROM BUSINESS PAGE 1 ventures that require open that will allow them to build be viewed positively by the operational excellence, reliability this will further support us to yards, by providing a varied warehouses or workshops, global investor community and and capturing lucrative business expand our global foothold in the Manateq’s new Mesaieed Indus- range of plots in addition to the commercial showrooms, enhances Nakilat’s profile opportunities.” global LNG shipping industry. We trial Zone is located within added incentives such as the offices, and staff accommo- worldwide. Nakilat is dedicated “Nakilat’s resilient business assure all of Nakilat’s stake- Mesaieed Industrial City (MIC) competitive rent rate and short- dation all in one piece of land. to grasp any opportunities in the model and its equity story have holders that such success is not and only 30km south of Doha. term lease contracts. Al Kaabi told this news- global market, to propel the been well recognised by the the end, however, it is the The upcoming industrial Manateq recently launched paper last week that Manateq group’s long-term growth, and global capital market partici- beginning for new stage for complex will be a hub for the new plot leases in its Birkat Al was overwhelmed by the huge eventually maximize share- pants, which in turn, qualified further achievements in the petrochemical, chemical ferti- Awamer Logistics Park, response it received from the holders’ return. Nakilat to be included back to the future.” liser, oil refining, metallurgical, designed for investors. The 9.4 investors and businesses who Commenting on the inclusion MSCI Qatar Large Cap index The MSCI Emerging Markets workshops and primary million sqm park - one of five have expressed interests to to the MSCI Emerging Markets effective as of the market close Large Cap Index is one of the building material sectors in logistics projects being invest in its various projects, Large Cap Index, Eng. Abdullah of November 30, 2020. In widely used international equity Qatar, according to the com- developed by Manateq - is especially for the newly Fadhalah Al Sulaiti, Chief Exec- addition, I would like to take this benchmarks by institutional pany’s website. designed to appeal to com- announced Birkat Al Awamer utive Officer of Nakilat said: “In opportunity to extend my appre- investors. MSCI is a leading pro- Al Kaarana and Al Khor panies wanting to build their Logistics Park land plots, said the midst of the current unprec- ciation to Nakilat’s the Board of vider of global equity indices and industrial zones offer all the own facilities through providing a top official of the state-owned edent challenging time, we are Directors for their unparalleled benchmark related products and logistic needs to the business them comprehensive solutions company. very pleased to be included in the support, empowerment, and services to investors worldwide. Vodafone opens pre-orders for the new 5G iPhone 12 line-up on November 13

THE PENINSULA - DOHA a more immersive viewing calls making your iPhone 12 destinations such as Katara and experience, the biggest jump in unstoppable on Vodafone’s ; and dozens of res- Vodafone Qatar will offer the durability with the Ceramic GigaNet 5G network. On top of idential locations including Al new iPhone 12 line-up, Shield front cover, and Apple- this, Vodafone exclusively offers Waab, Umm Slal, , including iPhone 12 Pro, iPhone designed A14 Bionic chip, the customers a second year war- Gharaffa, Abu Hamor, 12 Pro Max, iPhone 12, and fastest chip in a smartphone. ranty worth QR295 with every Mamoura, Al Sadd, Bin iPhone 12 mini, introducing a There are great reasons to iPhone 12 purchase. Mahmoud, Muntazah, Bin powerful 5G experience. Pre- choose Vodafone for iPhone 12. Vodafone 5G is in prime Omran, Madinat Khalifa, Al orders will start 00:01 on Friday For a start, Vodafone has built locations such as Hamad Inter- Aziziyah, and Msheireb. In (November 13) at select a wide 5G network footprint national Airport, the first airport addition to covering 75 percent Vodafone stores and online, across the country giving instant in the region to offer 5G service of Doha with 5G, Vodafone with availability from Giga fast 5G speeds on iPhone to its passengers; Mall of Qatar, Qatar has extended 5G coverage November 20. Pre-orders and 12. Vodafone also has the one of the first malls in the to other areas outside Doha pricing details are available at perfect plans for an iPhone 12- region with 5G service; several such as Al Khor, Al Wakra and www.vodafone.qa/iphone12 design, iPhone 12 models camera systems, edge-to-edge Unlimited 5G Plans give you hotels including Park Hyatt and a number of camping areas in With a beautiful all-new feature unparalleled new Super Retina XDR displays for unlimited local data and local Mandarin Oriental; popular Sealine. THURSDAY 12 NOVEMBER 2020 BUSINESS 03 Opec expects coronavirus to curb ROLACC, UNITAR launch oil demand recovery into 2021 e-learning course THE PENINSULA — DOHA prevention, accountability and REUTERS — LONDON redress, the impact of main- The Rule of Law and Anticor- streaming knowledge is a pow- Global oil demand will rebound Oil has risen this week ruption Center (ROLACC) and erful resource towards trans- more slowly in 2021 than previ- and hit a more than two- the United Nations Institute for forming the lives of individuals ously thought because of rising month high above $45 a Training and Research (UNITAR) and societies as a whole. coronavirus cases, Opec said have announcd the launch and Therefore, the creation of spaces yesterday, hampering efforts by barrel yesterday after first iteration of the e-learning to raise awareness represents an the group and its allies to drugmakers Pfizer and course on ‘Anticorruption and opportunity to enhance capa- support the market. BioNTech said their Sustainable Development: bilities and share good practices Demand will rise by 6.25 COVID-19 treatment was Building Inclusive and Trans- towards a culture of learning. million barrels per day (bpd) more than 90 percent parent Societies for All’. As a contribution to this next year to 96.26 million bpd, This tool aims at strength- endeavor, the Rule of Law and the Organization of the effective in initial trial ening the competencies required Anti-Corruption Centre Petroleum Exporting Countries results. by delegates of States and other (ROLACC) and the United said in a monthly report. relevant stakeholders for over- Institute for Training and The growth forecast is coming some of the challenges Research (UNITAR) have 300,000 bpd less than expected to combat corruption. In brought together their expertise a month ago. for Opec+, despite continued addition to learning its causes and practical knowledge to col- The weakening demand strong Opec compliance with and consequences for sus- laboratively developed this recovery could support the case pledged supply curbs. tainable development, partici- course. It has been designed for for Opec and its allies, a group Opec said its output rose by pants will also understand the 6 weeks (40 hours), starting with In this file photo, the OPEC logo is pictured ahead of an informal meeting known as OPEC+, to delay a 320,000 bpd to 24.39 million benefits of its prevention for the its first iteration from 10th between members of the Organization of the Petroleum Exporting Countries scheduled oil-output boost next bpd in October, driven by a enhancement of the rule of law November 2020 -its launch day- (OPEC) in Algiers, Algeria. year. rebound in Libya, an Opec and the enjoyment of Human to 22 November 2020. Algeria said yesterday member exempted from Rights. It is based on UNITAR’s OPEC+ could even make further 2021,” Opec said in the report. could support the economy as making cuts. Corruption hinders sus- sound adult learning peda- curbs if needed. This is the last report before early as the first half of 2021, The group forecast demand tainable development in all gogical principles and follows Opec’s report said moves by an OPEC+ advisory panel meets although an Opec source said for its crude will be 600,000 countries, regardless their stage the UN Disability-Inclusive European governments to shut next week and their next policy this was not yet included in the bpd lower than expected next of development. In this regard, approach, which recognizes that restaurants and encourage meeting on November 30 and forecasts. year at 27.4 million bpd. That mainstreaming knowledge combating corruption requires working from home would hit December 1. The group has lowered its would still allow for higher about this problematic pursues improving accessibility services, fuel demand for the rest of Oil has risen this week and 2021 demand growth forecast average Opec production in the transformation of discrimi- information, and participation 2020, with the pandemic’s hit a more than two-month from an initial 7 million bpd in 2021. natory social institutions, laws, of persons with disabilities. impact on the oil market lin- high above $45 a barrel yes- July. Even so, the coming cultural norms and community Hence, this tool includes sign gering until the middle of next terday after drugmakers Pfizer Opec also in the report cut meetings will focus on whether practices, such as those limiting language video and narrative year. and BioNTech said their its estimate of this year’s con- Opec+ should boost supply by access to property rights or audio. A certificate of completion “The oil demand recovery COVID-19 treatment was more traction in oil use to 9.75 2 million bpd from January, as restricting their access to public and a certificate of participation will be severely hampered and than 90 percent effective in million bpd, from 9.47 million currently called for. Opec+ space. will be issued, according to some sluggishness in transportation initial trial results. bpd. already tapered the cut by 2 In order to tackle its root parameters. Registrations will and industrial fuel demand is Opec said “an effective and The report showed rising million bpd in August, from 9.7 causes and consequences as well be open from November 23, now assumed to last until mid- widely distributable vaccine” output too, another headwind million bpd from May. as to find solutions for 2020 to January 10, 2021 Sale of Qetaifan Honda wins world-first approval Island North’s for Level 3 autonomous cars Phase 2 Villa

AFP — TOKYO Plots launched

Honda yesterday won approval FROM PAGE 1 to sell Level 3 autonomous cars in Japan, in what the automaker He explained that Qetaifan and Japanese authorities said Island North serves the plans was a world-first. to host the 2022 World Cup, The auto giant said it as it provides modern facilities A screen shows the value of goods being transacted during Alibaba planned to put the vehicles, capable of accommodating a Group’s Singles’ Day global shopping festival at a media centre in capable of taking over driving large number of hotels, retail Hangzhou, Zhejiang province, in China, yesterday. in circumstances such as a busy outlets, restaurants, and highway, on sale before next unique recreational facilities March. such as the waterpark and the Chinese shoppers spend over Vehicle autonomy is clas- vast green spaces. sified along a scale from 0-5, “Qetaifan Island North $100bn in Singles’ Day fest with 5 indicating essentially represents a commitment to total autonomy. investing in the development People walk past a car displayed outside a Honda showroom of AP — HONG KONG largest of its kind, offers The “type designation” of the tourism industry and company’s headquarters in Tokyo, recently. shoppers generous discounts approved by the Japanese gov- strengthening the hospitality Chinese consumers spent over on a variety of products, from ernment yesterday “enables the sector in Qatar, indicating that a hundred billion dollars during fresh produce to luxury items. automated driving system to capable of Level 3 autonomy, when conditions are no longer Katara Hospitality’s vision this year’s Singles’ Day Merchants big and small, drive the vehicle instead of the but few countries have legal suitable for self-driving and aims to change the world of shopping festival, signaling a from small online stores to driver under certain conditions, frameworks to permit their sale they must take over. hospitality through investment rebound in consumption as international brands like Apple, such as when the vehicle is in and use. Automakers and tech firms and innovation, which would China recovers from the coro- Nike and L’Oreal, participate congested traffic on (an) Japan has amended its Road are locked in a fierce battle for leave a prominent legacy for navirus pandemic and a in the festival by slashing prices expressway,” Honda said in a Vehicle Act to allow the vehicles the lead in self-driving tech- future generations in line with battering of the economy. on their products. statement. to be sold, and the Ministry of nology, with electric carmaker Qatar’s National Vision 2030,” From November 1 to The annual shopping fes- “Honda is planning to Land, Transport and Tourism Tesla among the challengers. he said. November 11, shoppers spent tival is closely watched as a launch sales of a Honda Legend said self-driving cars would Earlier this year, Tesla chief Nasser Hassan Al Ansari, 498.2 billion yuan ($75.1bn) on barometer for consumption in equipped with the newly play a key role in the country’s Elon Musk raised eyebrows by Chairman of Just Real Estate, Taobao and Tmall, the e-com- China. Alibaba, which pio- approved automated driving future. claiming he was “extremely added, “The sales launching of merce platforms operated by neered the shopping festival, equipment (‘Traffic Jam Pilot’) “Self-driving cars are confident” Level 5 autonomy Qetaifan Island North’s phase Alibaba, China’s largest e-com- held its first Singles’ Day sale before the end of the current expected to play a big role in would happen “very quickly”. 2 is an addition to the real estate merce company. in 2009. fiscal year,” the company solving various social issues our He claimed the “basic func- market in Qatar, and presents The final sales figure Over the past decade, the added. country faces, such as reducing tionality” for full autonomy an opportunity for investors exceeded last year’s $38.4bn shopping bonanza has “It’s a world-first for an traffic accidents, securing would be “complete this year”. and those wishing to build their over 24 hours, after Alibaba become the world’s largest, automaker to receive type des- transportation for the elderly But analysts say that is own villas with stunning sea extended its sales period this regularly dwarfing Black ignation” for Level 3 autonomy, and others, and improving pro- hyperbole, and automakers are views. Qetaifan Island North is year for the first time as it Friday and Cyber Monday a Honda spokesman told AFP. ductivity in the field of still a long way even from a true an investment attraction that sought to help boost sales for sales in the US. He said the firm could now logistics,” the ministry said in a Level 4 system, in which a car offers a great mix of enter- merchants affected by the The Singles’ Day festival is also become the first in the statement. is considered to no longer have tainment, housing and hospi- coronavirus pandemic. named as such because the world to mass produce Level 3 It said it had issued the Level a driver, just passengers. tality. Phase 2 investors are of On rival platform JD.com, main shopping day falls on capable cars commercially, 3 approval “for the first time in Level 5 vehicles would the- the category of people looking consumers racked up 271.5 November 11, which when though other firms are also the world” after determining the oretically have no steering for a distinctive lifestyle, as the billion yuan ($40.9bn) in sales written numerically as 11.11 racing to bring similarly system complied with national wheel or other driver controls project also provides an oppor- over the same period. resembles “bare branches”, a equipped vehicles to market. traffic safety regulations. and be capable of handling all tunity in a central enter- The annual Singles’ Day Chinese expression for the Several automakers have The system is designed so terrain types and weather tainment destination for the shopping festival, the world’s single and unattached. already manufactured vehicles that the car will alert the driver without driver assistance. 2022 FIFA World Cup.” To ensure transparency, and in accordance with the principle of equal opportunity CEOs weather pandemic with compensation largely intact for all, the sale process will be through bidding on the down payment for each plot, the same AFP — NEW YORK specializing in executive available. For the top 500 firms, a major change. moved to change the criteria on process that was followed for compensation. total pay hit $14.8m or 264 times A total of 195 firms in the which bonuses are accorded. phase 1 villa plots, and accord- Even as the pandemic roils the Fried said boards of directors average worker pay in 2019, Russell 3000 have made changes “Investors are looking to ingly, all those wishing to own American economy, compen- appear to be willing to make according to the AFL-CIO labor to incentive pay since March 1. boards and specifically com- a property in Qetaifan Island sation for US chief executives has adjustments to compensation federation. Nike, for example, has pensation committees to be North will be invited to an event largely held up as many corpo- criteria when it results in a boost Many boards appear to be changed its incentive pay for judicious” on compensation that will be held at the Ritz- rations adjust their criteria for for CEOs, but rarely will cut pay. willing to overlook the impact of CEO John Donahoe, discarding and incentive pay, said Glenn Carlton Hotel on December 8. performance pay and bonuses “Sometimes, there are good the Covid-19 pandemic as a its previous metric of profit per Davis, deputy director of the It has been already during the crisis. reasons for such adjustments: the factor unrelated to CEO per- share and revenue for one based Council of Institutional announced that the door for Only about one-fifth Russell need to retain talent, or better formance even if the company on its relative performance to Investors. reservations will be opened to 3000 index of publicly traded motivate managers,” he said. is hurting, according to Fried. other Standard & Poor’s 500 “On the one hand, you want all. firms have reduced CEO pay, “But there is a problem here: There have been some firms for the future. to continue to incentivise man- Qetaifan Projects signed a according to data compiled by when firms experience positive notable cases of cuts, United Air- In the contact year ended in agers. And on the other hand, memorandum of under- the Conference Board with the shocks that have nothing to do lines chairman Oscar Munoz and May, Donahoe did not meet per- you also don’t want to expose standing with Al Boraq Auto- consultancies Semler Brossy and with the CEO’s own per- CEO Scott Kirby agreed to waive formance goals set by the board the company to criticism that mobiles for the supply and con- Esgauge. formance, the compensation their salaries for several months but ended up with a special cash the board is moving the goal- struction of electric charging Corporate boards have opted committee never adjusts CEO as the carrier took a severe blow bonus of $6.75m for a total of posts for the company leaders stations for electric cars on for generous packages for exec- pay downwards so that the CEO from a downturn in travel. $53.5m. at a time when they are facing Qetaifan Island North. utives at the top even when, in is not overcompensated.” Con- Munoz in 2019 received $1.25bn One-third of the Russell very difficult decisions.” In addition to a showroom many cases, firms have been cerns on executive pay were in base pay and some $11m in index firms have moved to limit Analysts point out there is focusing on the benefits of using laying off workers. rising even before the pandemic. bonus and stock awards. annual bonuses for top nothing improper about electric cars and their impact For CEOs, “it’s heads I win, CEO median compensation for Other firms have reworked executives. changing the criteria for on the environment, that will tails I don’t lose,” said Jesse Fried, the Russell 300 firms was $4.3m their compensation criteria to But roughly the same incentive pay in light of the be located in the beach club on a Harvard Law School professor in 2018, the most recent data ensure top executives don’t see number of companies have extraordinary circumstances. the island. 04 BUSINESS THURSDAY 12 NOVEMBER 2020 Hong Kong, Singapore to launch ‘travel bubble’ TikTok asks court to intervene as Trump order looms AFP — HONG KONG AP — NEW YORK emailed requests for comment Hong Kong and Singapore will Shares in Cathay Pacific this week. “With the November launch a “travel bubble” on rose 1.4 percent in Hong The popular video-sharing app 12 CFIUS deadline imminent and November 22, their govern- Kong following the TikTok, its future in limbo since without an extension in hand, ments said yesterday, in a rare President Donald Trump tried we have no choice but to file a piece of good news for the announcement and to shut it down earlier this fall, petition in court to defend our pandemic-battered airline and Singapore Airlines was is asking a federal court to rights and those of our more tourism industries. flat, with both intervene. than 1,500 employees in the US,” A quota of 200 residents outperforming their TikTok’s Chinese owner, TikTok said in a written from each city will be able to respective markets. ByteDance, has until today to sell statement Tuesday. travel on one daily flight to the off its US operations under an Trump has cited concerns other, Hong Kong commerce executive order that Trump that the Chinese government minister Edward Yau told a signed in August. Trump in Sep- could spy on TikTok users if the press conference. tember gave his tentative app remains under Chinese Only those who have been industry with more than blessing to a ByteDance pro- ownership. TikTok has denied in Hong Kong or Singapore for 450,000 arrivals from the city- posal meant to resolve US it’s a security threat but said it’s two weeks and tested negative state recorded in 2019, national security concerns by still trying to work with the A file photo shows a person looking at a passenger plane belonging to for the coronavirus will be according to the Hong Kong placing TikTok under the over- administration to resolve its Singapore Airlines. allowed to board, he added. Tourism Board. sight of American companies concerns. The corridor offers a The announcement last Oracle and Walmart, each of The legal challenge is “a pro- glimpse into how places with or hospital. over a week, the travel bubble month of the travel bubble plan which would also have a tection to ensure these discus- less severe outbreaks might be In Singapore, a test will set will be suspended for two led to a spike of more than 50 financial stake in the company. sions can take place,” the able to safely restart some you back around Sg$200 ($150). weeks, Yau said. percent in ticket fares, according But TikTok said this week it’s company said. travel. The daily flights will be He added that if no spike in to online travel firm Expedia. received “no clarity” from the The Trump administration Passengers arriving in Hong operated by Singapore Airlines cases was reported, the flight “Fabulous, HK here I come US government about whether had earlier sought to ban the app Kong will have to test negative and Cathay Pacific. quota between the two regional for Christmas,” one Singapore its proposals have been from smartphone app stores and again at the airport to avoid Shares in Cathay Pacific rose aviation hubs would be Facebook user wrote. accepted. deprive it of vital technical quarantine, while those arriving 1.4 percent in Hong Kong fol- increased to two per day from But not everyone was pre- The deal has been under a services, but federal judges have in Singapore will have to lowing the announcement and each city from December 7. paring to pack their bags. national-security review by the so far blocked those actions. download a contact-tracing Singapore Airlines was flat, with Singapore transport minister “Fly to Singapore so we can interagency Committee on TikTok is now looking to the app. Those hoping to get on a both outperforming their Ong Ye Kung said the arrange- walk around wearing a mask the Foreign Investment in the US Court of Appeals for the Dis- plane in Hong Kong will have respective markets. ments would be “as close at it same as in Hong Kong... better United States, or CFIUS, which trict of Columbia Circuit to to stump up around HK$1,500 If either city reports a daily gets to pre-Covid travel”. wait a bit longer until things are is led by the Treasury review Trump’s divestment ($190) for a test at a gov- average of more than five new Singapore is a major market normal,” another said on Cathay Department. The Treasury order and the government’s ernment-approved laboratory cases from untraceable sources for Hong Kong’s tourism Pacific’s Facebook page. Department didn’t return national-security review. UK’s mini N-power stations to create 6,000 jobs: Rolls-Royce

AFP — LONDON installations. The consortium has “We have developed a man- 450,000 homes for 60 years. The won design-funding from the ufacturing and assembly process first unit would be operational Plans to build mini nuclear government which must decide that will make reliable, low within a decade of the first order, power stations in the UK to on whether the project should carbon nuclear power and the consortium also hopes reduce the country’s carbon proceed. affordable, deliverable and to sign contracts abroad. emissions would create 6,000 “The UK SMR consortium, investable,” Tom Samson, Britain’s nuclear power jobs over five years, project head led by Rolls-Royce, has interim chief executive officer of plants built in the last century Rolls-Royce said yesterday. announced it expects to create the UK SMR Consortium, said in have either closed or are coming A consortium headed by 6,000 regional UK jobs within yesterday’s statement. to the end of their lifespan. change. Under an overhaul engineering giant Rolls-Royce the next five years, if the UK gov- The consortium, comprising But the country wants to Meanwhile Rolls-Royce, announced in May, Rolls is wants to build 16 small modular ernment makes a clear com- companies specialised in the maintain the 20 percent of elec- known mainly for its aircraft slashing 9,000 jobs, with more reactor (SMR) power stations mitment” to building the nuclear and manufacturing tricity it generates from nuclear engines and luxury automobiles, than half going this year. over the next two decades that reactors, a statement said. industries, said each compact power to help meet its pledge to has suffered huge financial losses Last month it launched plans it says are much cheaper and The jobs total could hit nuclear station would provide reduce carbon emissions to net as the coronavirus pandemic to shore up its finances by up to safer than traditional 40,000 by 2035, it added. enough electricity to power zero by 2050 and tackle climate hammers the aviation sector. £5bn.

QATAR STOCK EXCHANGE

QNBK - QNB 18.22 18.34 18.12 18.44 129,521 18.44 18.24 5,000 18.44 18.44 +0.22 +1.21 676 2,295,585 42,139,999.48 QIBK - Qatar Islamic Bank 16.60 16.67 16.42 16.68 7,023 16.46 16.44 12,251 16.46 16.46 -0.14 -0.84 480 904,045 14,916,986.00 CBQK - Comm. Bank of Qatar 4.29 4.300 4.231 4.300 74,984 4.289 4.254 5,500 4.289 4.289 -0.001 -0.02 132 797,862 3,420,950.316 DHBK - Doha Bank 2.442 2.430 2.400 2.439 3,852 2.415 2.41 53,000 2.415 2.42 -0.027 -1.11 25 174,220 421,124.760 ABQK - Ahli Bank 3.25 0.00 0.00 0.00 3,250 3.377 3.251 5,000 3.25 0.00 0.00 0.00 0 0 0.00 QIIK - Intl. Islamic Bank 8.68 8.69 8.62 8.72 232,364 8.65 8.62 3,000 8.65 8.650 -0.03 -0.35 317 2,468,826 21,464,096.99 MARK - Rayan 4.315 4.32 4.29 4.32 382,251 4.3 4.297 10,000 4.30 4.300 -0.01 -0.35 481 3,164,659 13,602,062.47 KCBK - Al khalij Commercial Bank 1.732 1.730 1.650 1.730 12,200 1.696 1.672 10,000 1.673 1.673 -0.059 -3.41 214 7,945,907 13,325,363.083 QFBQ - Qatar First Bank (QFC) 1.698 1.697 1.632 1.730 64,912 1.718 1.701 16,223 1.718 1.718 +0.020 +1.18 216 4,534,293 7,650,357.371 QETF - QE Index ETF 9.925 9.916 9.916 9.916 5,500 10.55 9.79 10,214 9.916 9.936 -0.009 -0.09 1 10,000 99,160.000 QATR - Al Rayan Qatar ETF 2.364 2.344 2.314 2.344 39,000 2.364 2.299 43,497 2.317 2.318 -0.047 -1.99 6 23,420 54,270.530 QATI - Qatar Insurance 2.36 2.360 2.312 2.360 28,801 2.354 2.353 7,984 2.353 2.353 -0.007 -0.30 115 2,676,478 6,274,600.030 DOHI - Doha Insurance 1.28 1.300 1.222 1.300 60,000 1.28 1.277 10,000 1.277 1.277 -0.003 -0.23 47 4,610,284 5,853,879.626 QGRI - General Insurance 2.27 0.00 0.00 0.00 2,590 2.261 2.22 1,429 2.27 0.00 0.00 0.00 0 0 0.00 AKHI - Alkhaleej Takaful 2.00 1.931 1.931 2.000 10,000 1.98 1.958 31,000 1.958 1.958 -0.042 -2.10 37 681,885 1,335,109.152 QISI - Islamic Insurance 6.50 6.40 6.40 6.45 2,000 6.492 6.405 6,000 6.45 0.00 -0.05 -0.77 9 170,251 1,097,656.40 QAMC - QAMCO 0.978 0.980 0.945 0.980 4,376 0.965 0.96 40,000 0.965 0.965 -0.013 -1.33 245 5,877,911 5,660,950.216 QIMD - Ind. Manf. Co. 3.05 3.00 2.953 3.000 300 3.05 2.953 479 2.953 0.00 -0.097 -3.18 3 31,561 94,609.633 QNCD - National Cement Co. 3.861 3.855 3.850 3.879 14,239 3.874 3.807 3,000 3.874 0.000 +0.013 +0.34 34 494,676 1,905,184.649 ZHCD - Zad Holding Company 14.80 14.81 14.81 14.81 1,000 14.81 14.8 25,096 14.81 0.00 +0.01 +0.07 18 67,327 997,112.87 IQCD - Industries Qatar 10.29 10.29 9.99 10.29 4,650 10.1 10.0 132,888 10.00 10.00 -0.29 -2.82 271 1,262,483 12,631,009.60 UDCD - United Dev. Company 1.591 1.592 1.542 1.630 183,145 1.565 1.551 100,000 1.565 1.56 -0.026 -1.63 297 4,100,051 6,405,306.756 QGMD - Qatar German Co. Med 1.89 1.89 1.82 1.91 32,389 1.874 1.84 147,979 1.84 1.84 -0.05 -2.65 354 6,441,611 11,987,494.82 QIGD - The Investors 1.801 1.805 1.795 1.820 40,505 1.817 1.784 15,000 1.817 1.817 +0.016 +0.89 49 502,422 907,613.543 ORDS - Ooredoo 6.80 6.810 6.787 6.812 95,838 6.802 6.792 5,697 6.802 6.802 +0.002 +0.03 285 560,355 3,810,347.071 QEWS - Electricity & Water 17.32 17.40 17.16 17.49 654 17.49 17.29 315 17.49 17.49 +0.17 +0.98 189 272,312 4,743,946.93 SIIS - Salam International 0.625 0.632 0.603 0.632 110,558 0.613 0.607 2,948,011 0.607 0.607 -0.018 -2.88 265 17,066,748 10,453,093.595 BLDN - Baladna 1.99 2.000 1.980 2.020 3,603 1.985 1.98 13,065 1.985 1.99 -0.005 -0.25 111 1,453,961 2,900,928.390 NLCS - National Leasing 1.247 1.266 1.220 1.280 20,000 1.229 1.224 1,029,243 1.224 1.22 -0.023 -1.84 273 10,518,523 13,131,721.847 QNNS - Qatar Navigation 6.09 5.960 5.960 6.085 37,684 6.085 6.001 21,700 6.085 6.08 -0.005 -0.08 10 22,472 135,067.506 MCGS - Medicare 8.99 8.659 8.659 8.999 18,066 8.874 8.682 1,500 8.874 8.874 -0.116 -1.29 36 107,844 952,740.392 QCFS - Cinema 4.09 4.00 4.00 4.00 64 4.0 3.802 2,388 4.00 0.00 -0.09 -2.20 2 836 3,344.00 QFLS - Qatar Fuel 18.49 18.58 18.20 18.59 12,371 18.36 18.24 6,267 18.36 18.36 -0.13 -0.70 159 609,819 11,153,214.73 WDAM - Widam 7.05 7.05 6.980 7.100 5,000 7.049 6.985 5,890 6.985 0.00 -0.065 -0.92 15 78,153 552,566.734 GWCS - Gulf warehousing Co 5.027 4.99 4.98 5.02 5,000 5.01 4.99 8,000 4.99 4.99 -0.04 -0.74 57 371,943 1,856,626.53 QGTS - Nakilat 2.72 2.992 2.900 2.992 0 0.0 MP 610,974 2.992 2.992 +0.272 +10.00 2,478 68,612,370 204,446,898.849 DBIS - Dlala 1.79 1.811 1.750 1.930 734,110 1.899 1.891 1,000 1.899 1.90 +0.109 +6.09 283 4,906,432 9,199,869.864 BRES - Barwa 3.445 3.44 3.41 3.44 60,116 3.44 3.41 138,115 3.44 3.440 -0.00 -0.15 164 745,844 2,552,947.03 MCCS - Mannai Corp. 2.86 2.850 2.831 2.880 4,990 2.9 2.878 982 2.878 2.88 +0.018 +0.63 11 38,195 108,731.871 AHCS - Aamal 0.90 0.91 0.84 0.91 144,755 0.87 0.868 11,717 0.87 0.870 -0.03 -3.33 279 10,927,275 9,483,576.83 QOIS - Qatar Oman 0.865 0.851 0.835 0.870 614,595 0.86 0.854 1,023,767 0.854 0.854 -0.011 -1.27 54 1,917,064 1,640,692.694 ERES - Ezdan Holding 1.71 1.690 1.621 1.700 29,425 1.648 1.644 50,000 1.648 1.648 -0.062 -3.63 808 24,108,738 39,879,194.370 IHGS - Inma 3.60 3.60 3.54 3.65 20,888 3.6 3.58 2,810 3.60 3.60 0.00 0.00 56 420,852 1,510,494.35 GISS - Gulf International 1.475 1.500 1.468 1.609 5,000 1.578 1.575 273,694 1.575 1.575 +0.100 +6.78 510 12,572,701 19,420,768.357 MPHC - Mesaieed 2.098 2.090 2.006 2.090 651,137 2.087 2.06 20,000 2.087 2.09 -0.011 -0.52 222 2,038,128 4,208,392.517 IGRD - Investment Holding 0.603 0.600 0.582 0.604 100,000 0.588 0.586 1,346,391 0.586 0.586 -0.017 -2.82 398 26,874,794 15,927,881.142 VFQS - Vodafone Qatar 1.323 1.33 1.32 1.35 222,616 1.33 1.321 75,493 1.33 1.330 +0.01 +0.53 174 4,482,427 5,979,408.85 MERS - Al Meera 20.05 20.04 20.04 20.29 4,902 20.21 20.1 16 20.10 20.10 +0.05 +0.25 27 9,121 183,231.74 MRDS - Mazaya 1.297 1.311 1.231 1.330 54,328 1.259 1.255 12,212 1.255 1.255 -0.042 -3.24 665 40,611,915 52,316,281.372

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

QE Index 10,119.69 -0.12 % 11-11-2020 Index Day’s Close Pt Chg % Chg Currency Buying (QAR) Selling (QAR) QE Total Return Index 19,454.78 -0.12 % Index 10,119.69 Dow Jones Industrial Average 29,491.01 +70.09 +0.24% US$ 3.6305 3.6500 Change -12.16 S&P 500 3,572.40 +26.87 +0.76% Australian Dollar AUD 2.64 2.7 QE Al Rayan Islamic Index - Price 2,323.30 -0.74 % Canadian Dollar CAD 2.78 2.85 % -0.12% Nasdaq Composite Index 11,739.16 +185.30 +1.60% QE Al Rayan Islamic Index 4,144.70 -0.74 % YTD% -2.93 Euro EUR 4.31 4.39 FTSE 100 Index 6,391.68 +94.83 +1.51% Indian Rupee INR 0.05 0.0508 QE All Share Index 3,126.61 +0.06 % Volume 278,564,579 DAX Index 13,235.51 +72.40 +0.55% Iraqi Dinar IQD ---- 0.00332 QE All Share Banks & Value (QAR) 588,796,865.85 CAC 40 Index 5,454.78 +35.81 +0.66% Japanese Yen JPY 0.0347 0.0352 Financial Services 4,223.70 +0.24 % Trades 11,558 Nikkei Stock Average 225 25,349.60 +444.01 +1.78% Nepalese Rupee NPR 0.0295 0.0314 Up 13 | Down 33 | Unchanged 01 Pakistani Rupee PKR 0.02273 0.02326 QE All Share Industrials 2,950.98 -1.21 % Hang Seng Index 26,226.98 -74.50 -0.28% 10-11-2020 Philippine Peso PHP 0.0745 0.0765 QE All Share Transportation 3,009.31 +5.33 % Index 10,131.85 Shanghai Composite Index 3,342.20 -17.95 -0.53% Pound Sterling GBP 4.8200 4.87 QE All Share Real Estate 1,877.49 -1.41 % Change +37.04 ASX All Ordinaries Index 6,651.10 +107.10 +1.64% Singapore Dollar SGD 2.64 2.73 QE All Share Insurance 2,306.51 -0.36 % % +0.37% South African Rand ZAR 0.229 0.238 Sri Lankan Rupee LKR 0.019 0.0202 QE All Share Telecoms 936.40 +0.16 % YTD% -2.82 GOLD AND SILVER Swedish Krona SEK ---- 0.425 Volume 591,391,842 QE All Share Consumer GOLD QR219.26 per gramme Swiss Franc CHF 4.0 4.05 Goods & Services 8,130.33 -0.59 % Value (QAR) 1,036,970,247.56 Turkish Lira TRY 0.44 0.455 Trades 18,575 SILVER QR3.00 per gramme