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Thepeninsuladecember102012.Pdf ISO 9001:2008 CERTIFIED NEWSPAPER Monday 10 December 2012 26 Muharram 1434 - Volume 17 Number 5544 Price: QR2 Opec to England win decide third Test in output target Kolkata Business | 17 Sport | 28 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Arab panel renews call for Assad to resign Arab states decide to give Palestinians $100m per month as part of financial safety net DOHA: The Arab Ministerial heads of the committee’s mem- “The mechanism is that the Committee on Syria renewed its ber states delegations in addition chair of the committee (Qatar) call for Syrian President Bashar to the Foreign Ministers of UAE, and the secretary-general will Al Assad to step down to facili- Oman and Kuwait. contact each country with the tate the process of initiating a Meanwhile, Arab states exact amount they have to transfer of power and stop the agreed to provide the Palestinian pay,” Al Arabi said after the bloodshed and destruction. Authority with a $100m monthly meeting. The Committee, in a statement “financial safety net” to help “I said I want an answer in 15 released in Doha yesterday after President Mahmoud Abbas’s gov- days,” he added. its meeting chaired by the Prime ernment cope with an economic Israel and the United States Minister and Foreign Minister crisis after the United Nations opposed the UN General H E Sheikh Hamad bin Jassem granted de facto statehood to Assembly’s upgrade of the bin Jabor Al Thani, said that the Palestine. Palestinians’ status to “non-mem- continuing deterioration of the Israel has responded to the ber state”, saying Abbas should situation could have the gravest November 29 UN vote by order- instead resume peace talks that consequences and serious reper- ing 3,000 Jewish settler homes collapsed in 2010 over Israeli cussions on the future of Syria, its be built in the occupied West settlement-building. people and its territorial integ- Bank and announced it would The World Bank and the rity as well as on the security hold back payments of customs International Monetary Fund and stability of the region, QNA duties it collects on behalf of the (IMF) said in September that a reported. Palestinians to pay an outstanding gathering crisis in the Palestinian The Committee affirmed its electricity bill. economy would worsen unless full support for the joint UN/ In a statement yesterday after foreign funding increased and Arab League envoy Lakhdar a meeting in Doha, Arab foreign Israel eased long-standing curbs Brahimi in his mission to reach a ministers called for the immedi- on development. formula that can ensure consen- ate implementation of a resolu- In a separate report, the World sus among the Security Council tion passed at an Arab summit in Bank also forecast a $1.5bn members to adopt a resolution to Baghdad in March, which called Palestinian budget deficit for 2012. transfer power and form a tran- for the provision of a $100m Last Thursday, the Palestinian sitional government with full The Prime Minister and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani with Palestinian President monthly safety net. cabinet said at a meeting in the responsibility to rule the coun- Mahmoud Abbas (left) and Arab League Secretary General Nabil Al Arabi (second right) in Doha yesterday. The statement did not give West Bank city of Ramallah that try and achieve the aspirations details of how the money would $240m were needed every month of the Syrian people in attaining be paid or who would pay, but to meet demands arising from freedom and change, as well as in the UN security Council to expe- membership, Qatar News Agency Palestinian President Mahmoud Arab League Secretary-General the Israeli decision to stop cus- establishing a democratic regime. dite the decision on Palestine’s (QNA) reported. Abbas, Arab League Secretary Nabil Al Arabi said a mechanism toms revenues transfers. The Committee also called on request for getting full UN The meeting was attended by General Nabil Al Arabi and the has been agreed. AGENCIES Tighter security Egypt opposition for National Day New law has jail term, fine for celebrations rejects referendum those accepting illegal deposits DOHA: More than 200 secu- CAIRO: Egypt’s main opposi- Islamists. “We are against this DOHA: A law passed last week rity personnel will be deployed tion coalition rejected yesterday process from start to finish,” specifies stringent punishment across the Corniche, with the Islamist President Mohammed Hussein Abdel Ghani, spokesman for people and entities found QCB given more teeth Ministry of Interior beefing Mursi’s plan for a constitutional of the National Salvation Front, soliciting deposits from the pub- up security arrangements for referendum this week, saying told a news conference, calling for lic without a valid licence from DOHA: A law (Number 13 of entities registered with the National Day celebrations, a it risked dragging the country more street protests tomorrow. the banking regulator. 2012) passed recently arms Qatar Financial Center (QFC) senior official has said. into “violent confrontation”. The Front’s main leaders — Stiff punitive measures have the banking regulator, Qatar and Qatar Exchange. The Corniche will be closed for Mursi’s decision on Saturday to Nobel peace laureate Mohamed also been specified for those who Central Bank (QCB), with “The legislation is part of the vehicular traffic in the morning retract a decree awarding him- ElBaradei, former Foreign refuse to accept local currency more powers and authorises country’s efforts to upgrade the for the National Day parade on self wide powers failed to placate Minister Amr Moussa and left- bills and for issuing and circulat- it to work as a supervisory financial and banking institu- December 18 and the police will opponents who accused him of ist Hamdeen Sabahy — did not ing forged Qatari currency. authority for various sectors. tions and support the role of keep a strict vigil on all vehicles plunging Egypt deeper into cri- attend the event. Anyone found accepting depos- These sectors include — regulators in this essential sec- entering the area in the evening sis by refusing to postpone the Thousands of protesters milled its from people or entities illegally aside from banking and finan- tor of the economy,” Qatar News to ensure that they abide by the vote on a constitution shaped by around Mursi’s palace, despite is to face a jail term of up to five cial services companies and Agency (QNA) reported yester- new safety guidelines. tanks, barbed wire and other years or pay up a fine of QR5m or exchange houses — insurance day citing a QCB release. The authorities have banned barriers installed last week after both, according to a law (Number providers, financial consul- THE PENINSULA covering vehicles with flags, stick- clashes between Islamists and 13 of 2012) that regulates the tancy firms, as well as financial Continued on page 4 ers and banners in a way that their rivals killed seven people. Qatar Central Bank (QCB) and prevents visibility and endangers “Holding a referendum now in Financial Services Institutions. Exchange) as well as Qatar institutions for manipulating the lives of motorists as well as the absence of security reflects Similarly, the maximum prison Financial Centre-registered accounts. Issuing forged Qatari pedestrians. Restrictions have haste and an absence of a sense term is three years and fine up to financial entities under the over- currency attracts deterring puni- also been imposed on tinting the of responsibility on the part of QR5m, or both, for those found all supervision of the QCB. tive action such as 10 years’ jail glasses. the regime, which risks pushing guilty of refusing to accept the The law, which was passed by and QR10m fine or both. Those engaging in daredevilry the country towards violent con- Qatari currency (legal tender), the Emir, H H Sheikh Hamad bin More significantly, experts on on the roads during the National frontation,” a statement from the says the law. The same punish- Khalifa Al Thani, last week, also the payroll of insurance firms Day celebrations will also face Front said. ment is specified for those found covers financial services consul- who are deployed for inspection action, a local Arabic daily The Muslim Brotherhood, using notes that are not in cur- tancies and has 10 chapters and and estimation of damages in reported yesterday, quoting Brig which propelled Mursi from rency anymore. 228 articles. A prison term of up claims cases must be licensed by Ali Salman Al Mohannadi, head obscurity to power, urged the The legislation places, aside to three years or fine not over the QCB. An unlicenced expert of the Security Committee for the opposition to accept the referen- from banks and financial services QR200,000 (or both) has been or middleman is to be fined National Day. An anti-Mursi protester talks to dum’s verdict. institutions — including exchange specified for officials and audi- QR100,000, says the law. All the vehicles coming from soldiers near the presidential palace REUTERS houses — insurance companies tors of QCB-licensed entities such THE PENINSULA neighbouring countries to join the in Cairo yesterday. See also page 10 and the Qatari bourse (Qatar as banks and financial services Continued on page 4 celebrations are also required to comply with the new regulations. The Traffic Department has noti- fied the Customs Department to ensure that the rules are strictly followed. THE PENINSULA Qatar to start building first stadium for 2022 World Cup soon Islamists seize DOHA: Qatar will soon start work on its Qatar Foundation (Education City). Centre. He said Ministry of Municipality museum is expected to be completed by 2015.
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