Amended Free Zones Law to Attract More Investments

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Amended Free Zones Law to Attract More Investments BUSINESS | Page 1 SPORT | Page 8 Barcelona sign Coutinho from INDEX Liverpool in DOW JONES QE NYMEX QATAR 2, 3, 20 COMMENT 18, 19 Qatar private sector REGION 4 BUSINESS 1-6, 17-20 initiatives to ensure £160mn deal 25,269.00 8,630.67 61.44 ARAB WORLD 4-6 CLASSIFIED 7-16 +216.00 +22.36 -0.57 INTERNATIONAL 7-17 SPORTS 1-8 long-term growth +0.86% +0.26% -0.92% Latest Figures published in QATAR since 1978 SUNDAY Vol. XXXVIII No. 10691 January 7, 2018 Rabia Il 20, 1439 AH GULF TIMES www. gulf-times.com 2 Riyals Emir attends Qatar Open final Amended free In brief zones law to ARAB WORLD | Confl ict Arab League to lobby UN to recognise attract more Palestinian state Arab states will soon embark on a diplomatic drive to persuade the United Nations to recognise a Palestinian state with East investments Jerusalem as its capital, Jordan’s Foreign Minister Ayman Safadi said. he amended provisions in the Six Arab foreign ministers met in His Highness the Emir Sheikh Tamim bin Hamad al-Thani attended the final of Qatar ExxonMobil Open for men which was law on investment free zones Amman yesterday to follow up on held at Khalifa International Tennis and Squash Complex yesterday evening. France’s Gael Monfils won the final in straight Twill help attract more local and earlier decisions taken by the Arab sets, brushing aside Russia’s Andrey Rublev in a one-sided final, 6-2, 6-3. The match was attended by a number of sheikhs and foreign investments to the country, League to counter US President ministers as well as guests. Sport Page 1 according to a ranking Qatar Chamber Donald Trump’s move in December offi cial. to recognise Jerusalem as Israel’s Qatar Chamber chairman Sheikh capital, a decision that overturned Khalifa bin Jassim bin Mohamed al- decades of US policy on the Middle Thani said local businessmen and foreign East. Page 6 investors should maximise the use of ExxonMobil presents QR3.65mn incentives and advantages of Law No 21 CANADA | Aviation of 2017 issued by His Highness the Emir Jets collide on ground Sheikh Tamim bin Hamad al-Thani, amending some provisions of Law No 34 at Toronto airport cheque to EAA Foundation of 2005 on Investment Free Zones. Qatar Chamber chairman Sheikh Khalifa Two jets collided on the ground at bin Jassim bin Mohamed al-Thani. a Toronto airport on Friday, setting xxonMobil Qatar held its an- senior vice-president, Exxon Mobil and economic development.” “The amendments also ensure the tail of one aircraft alight and nual cheque presentation at the Corporation. “We are honoured to be part of users freedom to set product cation investors,” Sheikh Khalifa said. prompting passengers to evacuate EQatar ExxonMobil Open 2018 EAA is one of ExxonMobil Qatar’s Education Above All’s noble cause of prices and profi ts, exemption The Qatar Chamber chairman said the other via an emergency awards ceremony last night. key education partners. In 2013, Exx- helping women and children around from capital assets and product the amendments remove most barri- slide. Both WestJet and Sunwing This year, the cheque for QR3.65mn onMobil pledged an $8mn contribu- the world learn lifelong skills that will requirements” ers to raising capital and incorporates confirmed that their planes were was presented to Rise International tion to Educate A Child - an initiative equip them for the rest of their lives,” special allowances to projects that give involved in the collision at 18:19 for the Educate A Child (EAC) pro- of EAA. The four-year contribution added Routledge. The decree law is eff ective starting priority for the use of local components local time (2319 GMT) at Toronto gramme, ExxonMobil Qatar said in a is supporting programmes in Nigeria “EAA’s Educate A Child programme from its date of issue and is to be pub- and those that invest in logistics and Pearson International, the second press statement. and, as education partners, they are is proud to partner with ExxonMo- lished in the offi cial gazette. communications sectors. such incident at the airport in five The programme falls under the aus- exploring potential programmes in bil and RISE International in Angola In the latest issue of Al-Moltaqa, The amendments also prescribe full months. Several hours after the pices of Education Above All Founda- Papua New Guinea, Angola and Tan- to ensure a further 24,000 out-of- Qatar Chamber’s monthly economic duty exemption for local components, collision the airport said all WestJet tion (EAA), which was established in zania to help EAA reduce the number school children into quality primary magazine, Sheikh Khalifa said these provided they are sold in the local mar- passengers were safely at the 2012 by Her Highness Sheikha Moza of children around the world with no education. It is through important advantages include increased privacy ket, he added. terminal, adding that one of the bint Nasser to build a global movement or limited access to education. multi-sectoral partnerships, such as in dealing with the customs, stream- HE the Prime Minister and Interior airport’s fire and emergency service that contributes to human, social and “We share Education Above All’s this, that EAC is able to reach many lined import and monetary mecha- Minister Sheikh Abdullah bin Nasser personnel was undergoing hospital economic development through the belief that education is the key to more of the most marginalised out- nisms, and greater freedom in transac- bin Khalifa al-Thani earlier said that treatment. provision of quality education. progress and prosperity. Education of-school children globally,” said Mary tions, among others. the amendments were recommended The cheque will help provide educa- drives economic destiny and enables Joy Pigozzi, executive director, Edu- “The amended provisions make the by the Cabinet based on the Emir’s in- AMERICA | Weather tional opportunities to communities people to work together to create cate A Child. free zone users eligible for several in- structions to speed up economic devel- around the world that are stricken by strong, skilled and thriving commu- ExxonMobil partners with local centives such as exemption of export opment and investment, besides pro- Brutally cold weather poverty or crisis, the statement notes. nities,” Routledge said. “The educa- education organisations to ensure that and import duties, waiver of restric- viding the highest possible advantages in eastern third of US Alistair Routledge, president and tion of one child creates a positive all of Qatar’s children have access to tions on the origin of capital, and the to both Qataris and foreign investors. Bitterly cold temperatures and general manager for ExxonMobil Qa- ripple effect, and its impact reaches quality education. In a society of the freedom to choose the project’s legal “Accordingly, the Cabinet had dangerous wind chills are gripping tar, and Fahad al-Sulaiti, chief ex- far beyond the child to influence future, education will play an essen- form. worked throughout the past period on the eastern third of the United ecutive offi cer of EAA, took part in their family and country. This is why tial role in creating the knowledge- “The amendments also ensure us- the strategy to advance the economic States, bringing below-normal the cheque presentation that was ExxonMobil supports global pro- based economy His Highness the Emir ers freedom to set product prices and development policy of the country temperatures to the region. The also attended by Nasser bin Ghanim grammes that encourage greater ac- Sheikh Tamim bin Hamad al-Thani profi ts, exemption from capital assets through eff ective and innovative means extreme conditions are blamed on al-Khelaifi , president of Qatar Ten- cess to education as a critical means envisions for Qatar, the statement and product requirements, and several and to benefi t from the available op- an arctic surge that pushed over the nis Federation, and Andrew P Swiger, of increasing opportunities for social adds. Page 3 other perks for logistics and communi- portunities,” he said. border from Canada, the National Weather Service said yesterday. It is aff ecting most states east of the Monfi ls wins Qatar ExxonMobil Open Mississippi river. With wind chills factored in, temperatures at times could reach as low as minus 36 Trump: I am a very stable genius to minus 40 degrees below zero Celsius, especially in New England. AFP “throughout my life, my two greatest meeting with top Republican law- “Suff ice to say, it will be a brutally Washington assets have been mental stability and makers and cabinet members to set an cold weekend,” the Weather service being, like, really smart.” agenda for the coming year, he seemed said. Page 8 “I went from VERY successful busi- eager to focus attention on legislative S President Donald Trump nessman, to top TV Star to President priorities including immigration re- ASIA | Diplomacy yesterday praised himself as of the United States (on my fi rst try). I form, a budget plan and infrastructure U“a very stable genius,” follow- think that would qualify as not smart, spending. North Korea ‘likely’ ing the release of a bombshell book but genius....and a very stable genius at But he also forcefully pushed back to join Winter Games that raises doubts over his mental that!” against Wolff ’s claim to having spent North Korea’s Olympic health. The new supposed tell-all book — hours interviewing Trump. representative said yesterday But Trump’s response to the book’s Michael Wolff ’s Fire and Fury: Inside “I did a quick interview with this the reclusive nation is “likely to allegations, in tweets and in remarks the Trump White House — was rushed guy a long time ago, having to do with participate” in next month’s Winter made during a hastily convened news into stores on Friday after the Trump an article, but I don’t know this man,” Games in South Korea, as US conference at his Camp David presi- administration failed to suppress it.
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