www.thepeninsulaqatar.com BUSINESSBU | 18 SPORT | 21 Berkshire profit up Sri Lanka 25% in Q2 driven by seal historic insurance & buyout series win SUNDAY 7 AUGUST 2016 • 4 DHUL QA’DA 1437 • Volume 21 • Number 6881 2 Riyals thepeninsulaqatar @peninsulaqatar @peninsula_qatar QNB revises oil price Energy-saving Emir meets Saudi King in Morocco forecast; prices to average $44.7 s DOHA: QNB has revised up its oil AC a huge hit price forecast to average $44.7/barrel in 2016, up from its previous forecast of $40.8. The continued rebalancing about the new air conditioners, in the oil market is expected to lift there is a huge demand for them prices to an average of $55.0 in 2017, More than 160 in the market. A survey shows that up from a previous forecast of $51.3 types of new ACs more people want to buy them,” and $57.9 in 2018, QNB analysts said Dr Mohammed bin Saif Al Kuwari, yesterday. are available in the Assistant Undersecretary for Lab- The rebalancing in the oil market, including oratories and Specifications at market has been stronger than the ministry told The Peninsula expected. On the demand side, the window and split yesterday. International Energy Agency (IEA) units, from different He said that there are enough currently expects global demand stocks of the new ACs in the mar- growth to reach 1.4m barrels per brands. ket and there is no shortage. day (b/d) in 2016, up from their More than 160 types of new ACs previous forecast of 1.2m b/d. The are available in the market, includ- strong demand growth is driven ing window and split units, from by emerging markets, especially different brands. China and the rest of emerging By Sidi Mohammed Some 18 companies have been Asia. Furthermore, demand from The Peninsula issued licences to import the energy Europe is proving to be resilient saving air conditioners, which are despite increased uncertainty commonly called “star ACs”. ACs from the Brexit vote. The addi- with four, five and six stars are cur- tional demand should help clear DOHA: The new energy-saving air rently available in the market, said some of the excess supply in the conditioners, introduced last month Al Kuwari. market, estimated by the IEA to in the Qatari market have received “Some people are asking which be 1.7m b/d in 2015. a huge response from customers, type is better. We are advising them a senior official of the Ministry of to buy the six-star ACs since they Emir H H Sheikh Tamim bin Hamad Al Thani with the Custodian of the Two Holy Mosques King Salman bin Municipality and Environment said can save more energy,” said Al Air raids kill 10 yesterday. Kuwari. Abdulaziz Al Saud of Saudi Arabia, at the residence of the King in the Moroccan city of Tangier. Conventional air conditioners ACs with a higher star can per- near Syria hospital have been phased out from the mar- form better and can save more QNA and the Saudi King reviewed the close delegation accompanying the Emir. ket, following a ban on their import energy. ties between the two brotherly coun- On the Saudi side, it was attended and sale enforced on July 1. “Soon we will announce the tries and ways to further develop and by the Deputy Crown Prince, Second BEIRUT: A barrage of air strikes The authorities are now pre- entry of seven and eight stars units TANGIER, MOROCCO: Emir H H strengthen them for the benefit of peo- Deputy Prime Minister and Defence yesterday near a hospital in paring to launch a massive in the market. Prices of an eight- Sheikh Tamim bin Hamad Al Thani ples of the two countries. Minister Prince Mohammed bin Sal- northwestern Syria killed at inspection campaign to make sure star unit could be about 40 percent met yesterday with the Custodian of The two sides also exchanged man bin Abdulaziz, and a number least 10 civilians, said the Syrian all dealers and shops comply with higher compared to conventional the Two Holy Mosques King Salman views on a number of issues and of Princes and ministers. The Emir Observatory for Human Rights. the ban. ACs,” said the official. bin Abdulaziz Al Saud of Saudi Arabia, developments on the Arab and attended a dinner banquet hosted by The raids targeted the town of “Despite that we have not done at the residence of the Saudi King in international arenas. The meeting the Saudi King. Milis in Idlib province, which much to raise public awareness → Continued on page 2 the Moroccan city of Tangier. The Emir was attended by members of the → More pictures on page 2 borders Turkey. Yemen talks fail; new round after one month AFP KUWAIT CITY: The UN special envoy for Yemen announced the end of peace talks yesterday with- out any major breakthrough, but also said a new round of nego- tiations would begin after one month. “We will be leaving Kuwait today but the Yemeni peace talks are continuing,” Ismail Ould Cheikh Ahmed told a press conference. Team Qatar during the march past at the Rio Olympics as H E Sheikh Joaan bin Hamad Al Thani, President of the Qatar Olympic Committee, He said he will be holding poses with equestrian team member and show jumper Sheikh Ali Khalid Al Thani who was bestowed the honour of being Qatar’s flagbearer. bilateral consultations with the MEDAL STANDINGS two delegations in the coming few weeks to work out details of a peace plan. He also said that the two sides Thrasher, Peaty shine on day one in Rio South Korea 1 1 0 2 have committed to resume “direct United States 1 1 0 2 talks within a month at a venue to be agreed upon”. RIO DE JANEIRO: US teenager pic campaign with a bang, clocking gold in the men’s cycling road race hooked to the sport when deer Argentina 1 0 0 1 Ould Cheikh Ahmed said Ginny Thrasher and Britain’s Adam a world record 57.55sec in the heats at the Olympic Games. The Belgian hunting with her grandfather and Belgium 1 0 0 1 Kuwait remains a possible loca- Peaty shone on the opening day of the 100m breaststroke. cyclist pipped Jakob Fuglsang of yesterday that passioin saw her past tion to host the next round. “We action at the Olympic Games in Peaty lowered the world mark of Denmark into second with Rafal China’s champion sharpshooters to Hungary 1 0 0 1 have guarantees and commit- Rio yesterday. Thrasher claimed 57.92 that he set in London on April Majka of Poland taking bronze at the claim the first gold medal of the Rio Russia 1 0 0 1 ments from the two sides that they the first gold medal of the Games 17, 2015. Meanwhile, Greg Van Aver- end of the gruelling 237.5km race. 2016 Games. Vietnam 1 0 0 1 are ready to return to the negoti- while Peaty launched his Rio Olym- maet won a sprint finish to claim In shooting, Thrasher got See also pages 22 to 24 ating table,” he said. Although the talks that began April 21 made no headway, Ould Cheikh Ahmed refused to call the process a failure. “In fact, we have not failed. We believe the Kuwait talks made Data shows traffic violations and accidents fell in June great progress,” he said without elaborating. The end of the talks came just The Peninsula 2.34 million recorded during the same The number of traffic violations in May. Violations caught on radar the period, with 449 incidents in June a few hours after Yemen’s rebel period last year, shows data released by in June this year dropped by 22.2 were the highest at 65,959, followed against 543 incidents in May. Acci- Shiite Huthis and forces loyal to the Ministry of Development Planning percent compared to the previous by violations of “traffic instructions.” dents in June included 370 minor their ally, former president Ali and Statistics. Population in June, how- month, and by 12.6 percent com- The number of new vehicles reg- cases, 60 major and 19 people died Abdullah Saleh, appointed a coun- DOHA: Population in Qatar increased ever, fell by 4.3 percent compared to the pared to the same period last year. istered in June decreased to 4219, in the accidents during the period. cil to govern Yemen. Ould Cheikh by 5.7 percent in June this year, reach- previous month, when it reached over The total violations last June was from 4424 vehicles in May. Ahmed condemned the move. ing over 2.47 million, compared to over 2.58 million. 110,606 against 142,215 violations Traffic accidents also fell during → Continued on page 2 02 SUNDAY 7 AUGUST 2016 HOME Emir meets Custodian of the Two Holy Mosques in Morocco Psoriasis not contagious: HMC doctor 16,361 work visas issued in June through Hukoomi The Peninsula any age. It is not contagious,” said Dr. psychological and social impact, pso- certain infections and some Ahmad Hazem Takiddin, Derma- riasis increases risk for heart disease, medication.” tology and Venereology Consultant, stroke, diabetes, Crohn’s disease, He advised those concerned they Continued from page 1 Monthly statistics for June also HMC. hypertension, obesity, depression have psoriasis to seek medical advice show an increase by 6.9 percent in DOHA: In recognition of Psoria- Psoriasis changes the life cycle and other serious health conditions and said it is important to ensure Some 75 accidents were the number of visitors to Qatar from sis Awareness Month observed in of skin cells.