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QA Returns to Over 50% of Its Pre-COVID-19 Network

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QA Returns to Over 50% of Its Pre-COVID-19 Network www.thepeninsula.qa Thursday 3 September 2020 Volume 25 | Number 8369 15 Muharram - 1442 2 Riyals BUSINESS | 13 PENMAG | 15 SPORT | 19 MADLSA briefs Classifieds Kvitova, Kerber Qatar Chamber and Services advance to on new expat section third round at laws included US Open Choose the network of heroes Enjoy the Internet QA returns to over 50% of Amir reiterates two-state its pre-COVID-19 network solution for Palestine issue THE PENINSULA — DOHA pandemic, Qatar Airways will have three weekly flights network has never fallen starting September 6. Qatar Airways continues to below 30 destinations with Philadelphia will have three lead the industry in providing continuous services to five weekly flights starting Sep- global connectivity by continents. tember 16 while flights to resuming flights to just over This month, the airline will Sialkot have resumed from half the destinations it resume flights to Houston, September 1 with three weekly operated pre-COVID-19. By Kathmandu, Mogadishu, Phil- flights. mid-September, the national adelphia and Sialkot. Qatar Airways Group Chief carrier of Qatar will operate Houston will have three Executive, H E Akbar Al Baker, over 650 weekly flights to weekly flights, which started said: “We are proud to be the more than 85 destinations, yesterday, with frequency leading global airline con- providing more flexible travel increasing to four weekly from necting passengers with the options to more global desti- September 15. Kathmandu will world, operating one of the nations than any other airline. have one weekly flight starting youngest, most fuel-efficient Since the onset of the September 5 while Mogadishu and sustainable fleets to take people safely to where they need to be. The gradual By mid-September, Qatar Airways will operate over rebuilding of our network has 650 weekly flights to more than 85 destinations. been focused on strengthening connections between our hub in Doha and key gateways Flights are resuming this month to Houston, around the world as well as major business and leisure Kathmandu, Mogadishu, Philadelphia and Sialkot. destinations.” The airline’s variety of fuel- Frequency to be increased to Ankara, Baghdad, Basra, efficient aircraft and strategic network management has also Djibouti, Erbil, Ho Chi Minh City, London Heathrow, enabled it to increase fre- New York JFK and Sulaymaniyah. quencies in the following des- tinations, providing more Amir H H Sheikh Tamim bin Hamad Al Thani met at his office in Al Bahr Palace yesterday with H E flexible travel options to Jared Kushner, Senior Advisor to the US President, on the occasion of his visit to the country. They passengers. The airline has decided to reviewed the close strategic relations between the State of Qatar and the United States of America, increase frequency to Ankara, in addition to discussing a number of issues of common concern, especially the peace process in the Baghdad, Basra, Djibouti, Erbil, Middle East region. H H the Amir affirmed, during the meeting, the State of Qatar’s position that calls Ho Chi Minh City, London Hea- for a just settlement of the Palestinian cause on the basis of international legitimacy resolutions and throw, New York JFK and the Arab Peace Initiative and on the basis of the two-state solution in a way that achieves security Sulaymaniyah. `P2 and stability in the region. QFC set to achieve targets despite QU listed among top 350 challenges posed by COVID-19 universities in THE World University Rankings SACHIN KUMAR achieve almost 1,000 active companies, so EXCLUSIVE THE PENINSULA we are well on the way to achieving our THE PENINSULA 2020 targets for the financial sector,” he said. — DOHA The Qatar Financial Centre (QFC) has regis- “2016 onwards has been our greatest growth stories in the QFC because we have tered 1,000 companies on its platform, taken a more aggressive approach when it Qatar University reflecting the trust of companies and comes to attracting foreign direct investment. (QU) has jumped investors on Qatar remains intact. Despite So our growth rate has been maintaining at 90 places and challenges posed by COVID-19 pandemic, around 10 to 15 percent since 2015. We are still entered the club of the QFC is on way to achieve this year’s achieving that target despite the COVID-19 the best 350 Inter- target of registering 250 companies in 2020. situation in 2020,” explained Al Jaida. national Univer- “We announced in 2018 that Qatar Talking about country’s economy, the sities according to Financial Centre is working towards QFC chief said that Qatar’s economy has Times Higher achieving the 1,000 mark. We are in 2020 shown resilience and performed positively, Education (THE) and to date we have registered more than helped by supporting measures announced World University 1,000 companies,” Yousuf Mohamed Al by the government. Rankings 2021. Jaida, Chief Executive Officer, Qatar “Qatar’s economy has been positive The results Financial Centre told The Peninsula. “But despite COVID-19. Very aggressive showed that QU our target has to do with attracting and measures were taken so that businesses has jumped up to achieving 1,000 active companies. So we We announced in 2018 and small and medium businesses in the the 301-350 band. are still on the right track. We are on the that Qatar Financial economy can sustain their business. Lot of The THE World way to achieve our targets,” he added. that helped alleviate, the business envi- University QFC had set a target of registering 1,000 Centre is working ronment. But if we look at the fiscal Rankings 2021 This is a prestigious moment firms in its 2017-22 strategy. The QFC ended towards achieving the 1,000 numbers, Qatar is probably the only country includes 1,527 uni- for QU to be ranked among top the year 2019 on a positive note registering mark. We are in 2020 and to date in the GCC which will have a fiscal surplus,” versities across 93 350 Universities globally. This a growth of 35 percent, reaching 71 percent we have registered more than he added. “All in all I think we are still on countries and of its strategic 2022 target of 1,000 firms track in terms of achieving $234bn of GDP regions, standing jump signifies the commitment being registered on its platform. The growth 1,000 companies.” (Gross Domestic Product) in 2021,” as the largest and of QU towards its five-year story of QFC will continue this year also. The rating agencies S&P and Moody’s most diverse uni- strategy." “2020 has been also a positive year. We Yousuf Mohamed Al Jaida have come out with a stable outlook for versity rankings are targeting 250 companies as of 2020. CEO of QFC Qatar’s economy, which is not the case for ever to date. The Dr. Hassan Al Derham `P4 Hopefully by the end of the year, we will other GCC and regional countries. table is based on 13 QU President carefully calibrated performance indi- cators that Awqaf Ministry presents strategy before Cabinet measure an institution’s performance across teaching, research, knowledge transfer and international outlook. QNA — DOHA Ministries and other gov- Islamic values and those methodologies to motivate This achievement consolidates QU’s recent results in ernment agencies, public bodies common in Qatari society, and those who must pay zakat on rankings as the institution moved from 276 in the QS World Minister of Awqaf and Islamic and institutions. promoting the Islamic model time, and collecting the University Ranking in 2020 to 245 in the 2021 ranking, effec- Affairs gave a presentation to The plan presented by the among the youth for a mean- maximum Zakat due from indi- tively jumping 31 places, and becoming one of the most the Cabinet on detailed plan of Minister of Awqaf and Islamic ingful life full of contentment viduals and companies. improved universities. the strategy of the Ministry Affairs included a compre- and tranquillity. Following the meeting, Min- Commenting on this accomplishment, QU President Dr. which is based on Islamic prin- hensive and integrated system It also includes developing ister of Justice and Acting Min- Hassan Al Derham, said: “This is a prestigious moment for ciples. Prime Minister and for religious call and guidance a comprehensive strategy to ister of State for Cabinet Affairs, QU to be ranked among top 350 Universities globally. This Minister of Interior H E Sheikh and Islamic affairs that consol- attract, manage and invest H E Dr. Issa bin Saad Al Jafali Al jump signifies the commitment of QU towards its five-year Khalid bin Khalifa bin Abdulaziz idates the noble Islamic prin- endowment assets in Nuaimi said that at the strategy (2018-2022) which maps out the routes to achieving Al Thani chaired the regular ciples and values as a way of accordance with best practices beginning of the meeting, the continuing performance excellence.” meeting of Cabinet held at the life in the Qatari society, and in this field in order to achieve Cabinet was briefed by Minister “The participation in worldwide rankings brings a pos- Amiri Diwan, yesterday. supports the system of social the highest returns possible of Public Health on the latest itive competition; it raises participants’ international standing The presentation was given protection and human building within the acceptable limits of developments in efforts to curb and improves job market for graduates of those universities. following the directives of H E in accordance with the process risk, and disbursing those COVID-19. The Cabinet For QU, international ranking is a result and not a goal. Our the Prime Minister and Minister of sustainable development. returns in a manner that ensures affirmed the continuation of main goal is to prepare national leaders and develop the of Interior on providing the Strategic goals of the plan the highest social return.
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