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Trump threatens to pull US out of WTO if conditions not improved PAGE 10 THURSDAY, AUGUST 15, 2019 DOW25,607.91 QE 9,675.54 SENSEX 37,311.53 GOLD 1,528.20 China economy shows new signs -672.00 PTS -159.25 PTS +353.37 PTS +0.93% of weakness PAGE 10 PRICE PERCENTAGE PRICE PERCENTAGE 17.23 BRENT 58.94 -3.85% WTI 54.85 -3.94% SILVER +1.44% Popular rental locations galore for expatriates to live in Qatar guidelines of how much rent From Doha Downtown to Wakrah to West Bay, units of varying and added expenses you can afford will help you to remain sizes are available within QR3,000 to QR20,000 a month within your budget and re- frain from potentially default- SATYENDRA PATHAK and family members while spectively in these areas.” ing for nonpayment,” he said. DOHA selecting the neighbourhood, For mid-income, areas like “Determine the loca- he said. Mansaoura, Muntazah, Fer- tion in which you wish to THERE are options galore for However, the most im- eej Bin Mahmoud, Al Sadd, live. The rental property expatriates while choosing portant factor is to find out Bu Hamour, Ain Khaled, Ma- must be close to your place new rental homes in Qatar, Al a place where the income of dinat Khalifa, Luqta, Al Mam- of employment and school. Asmakh Valuations and Re- neighbourhood is equal. “In moura, Aziziya, Al Nasr, Nu- The neighbourhood must be search Director Gaurav Bori- several locations, the rental aija, Al Wakrah, Barwa City known for safety and secu- kar has said. rates could be same but the ideally suited as 2BR and 3BR rity. One must consider how While the very thought of the location of the property changing the current house is will affect one’s commute to exciting for obvious reasons, Realty Check with work or school. If transpor- Borikar said, choosing a new tation is desired, consider rental home can be time-con- choosing a rental that is suming and challenging. Al Asmakh Real Estate conveniently located close to “Many expectations must a public transportation sta- be addressed when searching gentry is different,” he said. units are available for rents tion,” Borikar said. for a rental house including Highlighting that neigh- in the range of QR5,000 to “Assess the safety of your preferences on the location, bourhood in Qatar could QR8,000, he said. a new house, he said. fixtures,” he said. list of your desired amenities potential rental property. condition or amenities of the be classified into three cat- For mass affluent, he said, “It’s important to check “If young children will live and keep a record of the prop- Ideally, every rental property property, budget or expenses egories, he said, “For budget- West Bay, The Pearl, Al Daf- the condition of the prop- in the home, be sure to check erties that you view which in- should have at least one win- involved in renting the prop- conscious household, Doha na, Al Waab, Msheireb Down- erty prior to signing a lease for the presence of lead-based clude the amenities you seek. dow that opens for use as an erty, and safety,” he said. downtown excluding Msheir- town, Legtafiya, and West Bay agreement. This way one can paint, which could pose seri- This can prevent confusion escape from a potential fire. The choices for a right eb Properties, Al Hilal, Old Lagoon are suitable where request that any preexisting ous health risks to children,” and help you decide later,” he Working smoke detectors are rental property for expatri- Airport, New Slata, Fereej 3BR to 5BR are available on damages be properly record- he said. said. required in every rental unit. ates are many, but narrowing Al Ali, Gharaffa, Muaither, rents staring from QR10,000 ed so that one will not be held “Consider the amenities “Utilities are usually not Additional safety features down the options will likely Muraikh, Umm Slal Mo- to QR20,000 per month. responsible for the damage that are important to you included in rent, therefore to consider include outside involve some exercise on their hammad and Umm Slal Ali There are several other later on. Some of the most such as the vicinity to local it’s important to calculate the lighting, dedicated car park- part. are the ideal locations. One factors like the condition of important items to check in entertainment and restau- added cost of utilities when ing, and on-site security, Neighbourhood is the pri- BR and 2 BR units are avail- property, amenities budget, the rental property include rants, outdoor space or a pool. determining whether a prop- which many apartment build- mary factor for most people able for monthly rents of location and safety that need flooring, air conditioning and When choosing a rental prop- erty of interest suits your ings and flats already have,” as they follow their friends QR3,000 and QR4,500 re- to be considered while renting heating, appliances and light erty, it’s important to make a budget. Sticking within the he said. Q2 earnings No concessions of China’s Stocks, oil tank on growing from China as Tencent beat Trump pushes estimates some tariffs REUTERS AFP signs of global slowdown WASHINGTON SHANGHAI CHINA made no conces- CHINESE internet giant Ten- Stocks are plunging sions to the United States af- cent said Wednesday its net ter President Donald Trump profit jumped 35 percent in after a notorious postponed threatened tariffs the second quarter, as the on some Chinese imports un- company continued to wrig- recession indicator til mid-December, senior U.S. gle out of Beijing’s crackdown flashed red officials said on Wednesday, on online gaming and build adding that talks aimed at re- mobile game growth. solving the trade fight would Shenzhen-based Tencent REUTERS continue and markets should said net profit was 24.1 bil- NEW YORK be patient. lion yuan ($3.5 billion) in the “This was not a quid pro three months ending June 30, EQUITY markets tanked quo,” U.S. Commerce Secre- beating an average estimate and oil prices fell sharply on tary Wilbur Ross told CNBC from Bloomberg analysts of Wednesday after a closely television in an interview, us- 21.1 billion yuan. watched bond indicator point- ing a Latin phrase meaning a Total revenues were up 21 ed to the growing risk of a U.S. favor exchanged for a favor. percent at 88.8 billion yuan, recession that was heightened Trump on Tuesday backed primarily driven by mobile by data showing Germany’s off his Sept. 1 deadline for game growth, commercial economy in contraction and imposing 10% tariffs on thou- payment services, and digital China’s worsening. sands of Chinese imports, in- content businesses. Yields on two-year U.S. cluding technology products, Tencent’s smartphone Treasury notes rose above the clothing and footwear, push- games revenues climbed 26 10-year yield for the first time ing it to Dec. 15 for certain percent in the three months. since 2007, a metric known items. U.S. and Chinese offi- But Tencent was ham- as an inversion that is widely cials also announced renewed mered by a Chinese govern- seen as a classic recession sig- trade discussions. ment crackdown on gaming nal. Both developments drew which launched last year and A GDP report showing cautious relief from retailers led to a months-long license German output fell 0.1% in and technology groups as the approval freeze. the second quarter from the world’s two largest economies The tech giant main- previous three months cou- enter the second year of their tained revenue growth from pled with Chinese industrial Iranian oil tanker Grace 1 sits anchored after it was seized in July by British Royal Marines off the coast of the British Mediterranean territory on trade dispute. the likes of popular game production rising at its weak- suspicion of violating sanctions against Syria, in the Strait of Gibraltar, southern Spain. (REUTERS/JON NAZCA) Trump’s tariff delay comes “Honour of Kings”, and be- est pace since 2002 added to amid growing concerns about gan charging users for newer investor fears of a global slow- ing and yields across the globe dollar index added 0.1% and trade war were more positive. a global economic slowdown. title “Peacekeeper Elite” -- a down in growth. plummeting as well,” he said. Highlights the euro fell 0.24% to $1.1144. Weeks after President Donald U.S. stocks fell sharply on toned-downed version of Stocks on Wall Street fell The slide in equity and oil The Japanese yen strength- Trump announced he would Wednesday as bond markets its now-dropped hit game more than 2%, as did Ger- markets erased the previous O U.S. 2-year and 10-year ened 0.93% versus the green- extend tariffs to virtually all issued a possible recession “PlayerUnknown’s Bat- many’s DAX index, while the session’s sharp gains after the Treasury yield gap inverts back at 105.77 per dollar. Chinese goods at the start of signal with the U.S. Treasury tlegrounds” -- clocking up price of West Texas Interme- United States moved to delay U.S. West Texas Inter- September, his administra- yield curve inverting for the more than 50 million daily diate, the U.S. crude bench- tariffs on some Chinese prod- OGerman GDP data, mediate (WTI) crude futures tion decided to exempt some first time since 2007. active users since its launch in mark, slumped almost 5%. ucts. Chinese industrial output dropped $2.68 to $54.42 a items and delay a portion of White House trade adviser May.

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