BUSINESS | Page 1 SPORT | Page 1 Qatar Islamic Sheikh Joaan banks honoured for looking at contribution overseas to Olympic expansion, Movement says Fitch published in QATAR since 1978 FRIDAY Vol. XXXX No. 11339 October 18, 2019 Safar 19, 1441 AH GULF TIMES www. gulf-times.com 2 Riyals PM meets Belarusian official New Brexit deal awaits UK House vote tomorrow Baladna IPO Reuters Brussels seeks to raise uropean Union leaders unani- mously backed a new Brexit Edeal with Britain yesterday, leaving Prime Minister Boris Johnson QR1.43bn facing a battle to secure the UK par- liament’s backing for the agreement if he is to take Britain out of Europe By Santhosh V Perumal transfer 100% of the issued share capi- on October 31. Business Reporter tal (1.9bn) of BFI to the company upon British and EU negotiators reached its fi nal incorporation. In return, the the agreement after successive days founders will receive 25% of the share of late-night talks and nearly three aladna, the proposed holding capital of the new holding company. HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani yesterday met in Doha with years of heated discussions that have entity of Qatar’s dominant dairy Of the 75% stake off er, as much as 52% Assistant to the Belarusian president on National Security Viktor Lukashenko. During the meeting, they discussed bilateral strained EU-UK ties. Bfarm, is aiming to raise as much is for eligible local retail investors and relations and means to boost them, in addition to a number of issues of common concern. The Prime Minster hosted a Johnson said he was confi dent that as QR1.43bn by off ering 75% equity corporates and 23% for strategic inves- luncheon banquet in honour of the Belarusian off icial and his delegation. parliament, which will sit for an ex- stake to public in its Initial Public Of- tors as General Retirement and Social traordinary session tomorrow to vote fering (IPO), it was announced yester- Insurance Authority (10%), Hassad Food on the Brexit agreement, would ap- day. (5%), Al Meera (4%), and Mwani Qatar prove the deal. The off ering provides eligible in- and Widam Food (2% each). But the arithmetic in the vote is vestors the opportunity to invest in “The time is ripe for this IPO, which not simple. Baladna Food Industries (BFI), Qatar’s refl ects Baladna’s commitment to pro- Turkey, US agree to pause Syria assault The Northern Irish party that beacon of self-suffi ciency in the dairy vide the highest value to consumers by Johnson needs to help ratify any sector, through the new holding com- continuing to share its successes with Reuters the Trump administration and cast by Turkey announced when it launched the agreement, the Democratic Unionist pany Baladna. the community. BFI already enjoys Ankara Turkey as a complete victory. assault eight days ago: control of a strip Party (DUP), has refused to support The shares are being off ered at an unparalleled position in Qatar as a The truce was announced by US Vice of Syria more than 30km deep, with the it, saying it is not in Northern Ire- QR1.01 per piece. The off er is open market leader with growing exports President Mike Pence after talks in An- Kurdish YPG militia, formerly close US land’s interests. from October 26 to November 7. Balad- and increasing economies of scale, a urkey agreed yesterday to pause kara with Turkey’s President Tayyip Er- allies, obliged to pull out. The head of the main opposition na is expected to be listed on the Qatar robust fi nancial basis and continuing its off ensive in Syria for fi ve dogan, and was swiftly hailed by President “The safe zone will be primarily en- Labour Party, Jeremy Corbyn, said he Stock Exchange by the second week of company support,” Baladna vice chair- Tdays to let Kurdish forces with- Donald Trump, who said it would save forced by the Turkish Armed Forces,” was “unhappy” with the agreement December this year. man Ramez al-Khayyat told reporters draw from a “safe zone” Ankara had “millions of lives”. But if implemented it a joint US-Turkish statement released and would vote against it. Page 8 The founding shareholders will in Doha yesterday. To Page 16 sought to capture, in a deal hailed by would achieve all the main objectives after the talks said. Gulf Times 2 Friday, October 18, 2019 QATAR Chief of Staff meets Commander of US Marine Corps Forces, US defence delegation Off icial Amir issues instruments of ratification His Highness the Amir Sheikh Tamim bin Hamad al-Thani (Left) HE Chief of Staff of the Qatar Armed Forces, Lieutenant-General (Pilot) Ghanem bin Shaheen yesterday issued the following al-Ghanem, met the Commander of US Marine Corps Forces Central Command in the Middle East, instruments of ratification: Lieutenant-General Carl Mundy, and his accompanying delegation. During the meeting, military 1. An instrument of ratification relations between the two sides were discussed, as well as ways of developing them. The meeting was approving an air service attended by a number of senior off icers in the Qatari armed forces. (Top) HE Lieutenant-General agreement between the al-Ghanim met the Director of the US Defence Security Co-operation Agency Lieutenant-General governments of Qatar and Charles Hooper and his accompanying delegation, during their off icial visit to the country. During the Tunisia signed in Tunis on March meeting, they discussed military relations between the two sides and ways of enhancing them. 2, 2019. 2. An instrument of ratification approving the Memorandum of Understanding (MoU) on twinning between the Municipality of Doha and the Al-Hammadi meets senior US official Municipality of Tunis in Tunisia, signed in Tunis on March 2, 2019. 3. An instrument of ratification approving an MoU for co- operation in the fields of industry promotion, innovation, ‘Huge demand innovation and technological development between the governments of Qatar and Tunisia, signed in Tunis on March 2, 2019. 4. A ratification document approving a memorandum of globally to visit understanding for co-operation in the field of commercial sea ports between the Ministry of Transport and Communications of Qatar and Tunisia, signed in Tunis on March 2, 2019. 5. An instrument of ratification Qatar for 2022 approving a memorandum of co- operation in the fields of tourism HE Secretary-General of the Ministry of Foreign Aff airs Dr. Ahmed bin Hassan al-Hammadi and business events between yesterday met the US Assistant Secretary of State for Near Eastern Aff airs David Schenker, who the governments of Qatar and is currently visiting Doha. During the meeting, they discussed co-operation relations between Tunisia, signed in Tunis on March the two friendly countries in addition to topics of mutual interest. 2, 2019. 6. An instrument of ratification World Cup’ approving a co-operation agreement in the field of maritime transport between zQatar is expecting around 1.5mn people to the governments of Qatar and Tunisia, signed in Tunis on March visit the country during the 2022 tournament Anti-graft centre signs pact with 2, 2019. By Joey Aguilar He expressed optimism that Amir appoints Staff Reporter stadiums in 2022 will attract a Sultan Qaboos University large number of fans for every envoys to Rwanda match, noting that some 3mn and Germany recent worldwide survey tickets will be available for the QNA conducted by the Su- entire tournament. Muscat A preme Committee for De- “The last World Cup in Russia His Highness the Amir Sheikh livery and Legacy (SC) showed a (2018) they were able to achieve Tamim bin Hamad al-Thani issued massive demand from the inter- close to 99% of ticket sales, so it he Rule of Law and Anti- yesterday the Amiri Decision No national market to come to Qatar is achievable. There is a strong Corruption Centre (RO- 45 of 2019, appointing Abdullah for the 2022 FIFA World Cup, demand for football and the TLACC) in Doha signed a Mohamed Ahmed Yousef al- SC’s transport planner Tony World Cup is diff erent from oth- co-operation agreement with Sayed as ambassador to Rwanda. Sharpe has said. er local events,” he said. Sultan Qaboos University, to The Amir also issued the “There is a strong inter- In his presentation, Sharpe establish an academic chair at Amiri Decision No 46 of 2019, est in people to come and stay cited reports that the country the university to fi ght corrup- appointing Mohamed bin Jaham in Qatar,” he told reporters on is expecting around 1.5mn visi- tion, HE the Attorney General and Chairman of the Board of Trustees al-Kuwari, as ambassador to the sidelines of the PTV Mobil- Tony Sharpe speaking at the tors to come to Qatar during the This marks the continuation of ROLACC Dr Ali bin Fetais al-Marri and the President of Sultan Germany. ity Day event, organised by PTV event yesterday. tournament in 2022. of co-operation between the Qaboos University Dr Ali bin Saud al-Bemani, shake hands after Group, at W Doha Hotel yester- PICTURE: Ram Chand With classes to be suspended two sides, especially between signing the agreement at the University in Muscat. Chief of Staff day (October 17). during the entire event, he said the Centre and the College of Sharpe said the survey, con- With classes to be school children and their parents Law at Sultan Qaboos Univer- United Nations Convention joint eff orts exerted in this field. meets Nato ducted this year, covered 17,000 suspended during the will also have the opportunity to sity.