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www.thepeninsulaqatar.com BUSINESS | 21 SPORT | 28 Call to combat Qatar ready crimes linked to for first test virtual currency in 2017 Tuesday 17 January 2017 | 19 Rabia II 1438 Volume 21 | Number 7044 | 2 Riyals Rents for old buildings Cargo jet crashes fall on low demand Mohammed Osman areas with the growing demand, The Peninsula Oversupply and said Al Arouqi. “Of course there is slight ents of old residential relatively low decline in rents of villas and flats buildings and parti- demand for in some areas, ranging from QR tioned villas have fallen 500 to QR1000 (per month per by 10 to 20 percent over old buildings in unit). This trend started from the the past six months with areas like Najma, middle of last year. In areas like Al Rmore people now opting for build- Mansoura and Old Wakra there is an oversupply espe- ings with better facilities and cially of offices and commercial services, say industry sources. Airport has led to spaces,” said the manger of a real Real estate experts are expect- a fall in rents by 10 estate brokerage agency. ing a gradual population shift from and 20 percent. “Affordable housing units, fall- Doha to outside areas, as a result ing in the QR3,500-QR4,000 of massive government investment range, have seen a slight decline Rescuers work at the site of a Turkish cargo plane crash near Bishkek, Kyrgyzstan, in developing areas. not willing to sell them looking for in rents, in particular the old build- yesterday. At least 37 people, including six children, were killed when the aircraft “Oversupply and relatively low better offers. This has forced real ings,” he added. on a flight from Hong-Kong to Bishkek crashed near Kyrgyzstan’s capital. demand for old buildings in areas estate developers to invest in out- An official from a leading real → Report on page 15 like Najma, Mansoura and Old Air- side areas where land is available estate company providing leasing port has led to a fall in rents by 10 at relatively low prices, said Al services in different areas of Doha and 20 percent. Majority of ten- Arouqi . said oversupply and low demand ants are now preferring new “Government is heavily invest- apply to only some areas and buildings with good maintenance ing in infrastructure projects and companies. services and facilities,” Ahmed Al services in areas outside Doha “Our company which offers International rights forum next month Arouqi, General Manager, Roots encouraging investors , individual fully furnished villas and flats in Real Estate and a real estate expert tenants and companies to move to vital areas of Doha has not seen The Peninsula place in Doha from Febru- together human rights and told this daily. such places,” he said. any decline in rents and still there ary 20 to 22. humanitarian organisations and He said many people avoid old Prices of land plots and ready- is high demand for our properties. ith participation of The conference under the dispute resolution centres, residential buildings for the fear to-occupy buildings in Doha have However, there is over supply in over 220 repre- theme “Approaches to Human along with representatives of that they can be demolished any increased within the past three outside areas but very few people Wsentatives of Rights Under Conflicts in the peace keeping missions, UN time. years by more than 100 percent are ready to move there because governments, UN missions, Arab Region” will be organised and international agencies, Land prices remain very high while prices of properties in out- of work, children in schools and international organisations, by the National Human Rights said NHRC Secretary-General in Doha and very few plots are side areas have increased only by traffic problems,” he said. human right institutions Committee (NHRC) and UN Mariam bint Abdullah Al available for developers and even 20 percent. Now there is a chance and experts, an interna- Commission on Human Rights. Attiyah. owners of those plots are for increase in the prices in these → Continued on page 7 tional conference will take The conference will bring → Continued on page 7 Oman accepts 10 Guantanamo 50 new cinemas to open in six months Bay detainees Irfan Bukhari Manager of the Qatar Cinema Centre would have a capacity of that discussions between various Dubai The Peninsula and Film Distribution Company 400 people. Najdi said that the government bodies were under- AP (QCFDC). company had nine cinemas way on how and when to revive espite the popularity of QCDFC, a leading player in three each at Royal Plaza, Land- those non-operational cinemas. DUBAI: Oman said yesterday home theatres, the the industry, is working on a mark and The Mall. “The two cinemas together it accepted 10 detainees from Dnumber of cinema-goers plan to establish two new cine- “We are working on a project have 2087 seats and once the US prison at Guantanamo in Qatar has increased by 35 per- mas at Qatar National to install cinema screens at QNCC revived can provide excellent Bay ahead of President cent over the past three years, Convention Centre (QNCC) and and Student Centre. The audito- entertainment to the residents,” Barack Obama leaving office, says an official. one at Student Centre at Educa- riums with sufficient seating said Najdi. He said that the By the end of next part of his efforts to shrink the The number of cinema halls tion City. “Most likely three new arrangements are already there completion of under-construc- year, the country is facility he promised to close. in Qatar has crossed 100 and cinemas will become functional and our company will just install tion malls like Tawar Mall with expected to have Oman's Foreign Ministry around 50 new cinemas are set this year; two at QNCC and one silver screens, projector, sound 12 screens, Msheireb Mall (20 said in a statement that it had to be opened over the next six at Education City,” Najdi told The systems etc to convert them into screens), Boulevard Mall (12 accepted the prisoners at months. By the end of next Peninsula. state-of-the-art cinemas,” he said. screens) etc. would soon add 200 Obama's request. It did not year, the country is expected He said two cinemas at To a question on prolonged around 50 more facilities to the name the prisoners. "In con- to have 200-plus cinemas, said QNCC would have 300 seats closure of Gulf and Doha Cin- country’s cinema industry. plus cinema halls. sideration of their Abdulrahman Najdi, General each and the one at Students emas at C-Ring Road, Najdi said → Continued on page 7 humanitarian situation, 10 per- sons have been released fand arrived in the sultanate today for a temporary residence," the statement said. A US defence Car bomb explosion Palestine decries UK & Aussie official, speaking on condi- tion of anonymity as the transfer had yet to be publicly reservations on Paris meet announced by the US, con- firmed the prisoners had been Ramallah Erekat added. The UK and Australia sent to Oman. The official Anatolia had both voiced reservations over declined to elaborate. the outcome of the Paris confer- The Omani Embassy in he head of the Palestine Lib- ence, which was attended by Washington said it had no eration Organization's (PLO) neither Israeli nor Palestinian other information about the Texecutive committee, Saeb representatives. transfer. The US Embassy in Erekat, has criticised the decision by On Sunday, representatives of Muscat declined to immedi- the UK and Australia not to sign a more than 70 countries and ately comment. The sultanate final declaration issued at Sunday’s organisations attended the event of Omanpreviously accepted Paris-hosted Mideast peace in the French capital, where they 10 Guantanamo prisoners conference. called for a resumption of the from Yemen in January 2016. In a statement, Erekat described moribund Palestine-Israel peace Oman also took another six the move as "unfortunate", saying process. in June 2015. Neighbouring it would only encourage Israel to In a related development Mon- Saudi Arabia took four pris- "maintain its rejection of a two- day, Adnan Al Husseini, Palestinian oners earlier this month and state solution". minister of Jerusalem affairs, the United Arab Emirates Iraqi Special Operations Forces react after a car bomb exploded during an operation "The two-state solution is jeop- accused Israel of pursuing a policy took 15 in the largest-single to clear Al Andalus district of Islamic State militants, in Mosul, Iraq, yesterday. ardised by decisions that encourage of "ethnic cleansing" against Jeru- transfer during Obama's → See also page 9 Israel to reject it and allow Israel to salem’s Palestinian inhabitants. administration in August. continue its policy of occupation," → See also page 9 02 HOME TUESDAY 17 JANUARY 2017 RAF provides QR470m in aid to Syrian war victims The Peninsula of caravans to neighbouring 458 projects countries accommodating Syr- heikh Thani bin Abdul- The money was ian refugees. lah Foundation for spent on 458 Weaker sections of the com- Humanitarian Services development munities like orphans, widows (RAF) has provided and other poor people were projects and on about QR470m to sup- given priorities in the projects humanitarian aid. Sport internally-displaced implemented by RAF. Syrians and refugees sheltering Such projects include “RAF in neighbouring countries since orphan city”, “Al Mahmoud the beginning of the war. RAF implemented orphanage”, “orphans buildings The money was spent on the highest number in Jordan, among other devel- 458 development projects and of projects (248) opment projects for medical also on humanitarian aid to help worth over QR219m services and general services to Syrian citizens battling for in Syria.
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