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The Peninsula Qatar Thepeninsulaqatar.Com › Uploads www.thepeninsula.qa Sunday 23 August 2020 Volume 25 | Number 8358 4 Muharram - 1442 2 Riyals BUSINESS | 13 PENMAG | 15 SPORT | 20 Climate fund for poor Classifieds 'Transformed' nations vows to drive and Services PSG allow Qatar green COVID-19 section to bask in recovery included limelight Cheering for Paris! Ooredoo, the network of heroes. Qatar-Germany trade ties strong, up by 10% last year THE PENINSULA — DOHA that support both economies. or with full German capital, which are Addressing the forum, Sheikh active in many fields such as rail, trade, Qatari-German Business Forum The bilateral trade between Qatar and Khalifa stressed the forum’s impor- contracting, services, communication, reviewed trade and investment Germany reached $2.3bn in 2019, tance in shedding light on bolstering infrastructure, medical equipment and cooperation and discussed witnessing a double-digit growth of 10 cooperation between Qatari and devices and others. percent compared to $2.1bn in 2018, German businessmen and exploring “Germany is one of the most establishing alliances and showing the strong economic ties new opportunities between private important investment destinations for partnerships that support both between two countries. sector of both countries, especially Qatar, where the value of Qatari invest- economies. This came during Qatari-German under the current challenges related ments in Germany exceeded ¤25bn in Business Forum organised by Qatar to the outbreak of COVID-19 and its many sectors including the automotive Germany is one of the most important investment destinations Chamber and Arab-German Chamber economic impacts. industry, telecommunications, hospi- for Qatar and the value of Qatari investments in Germany of Commerce and Industry through Sheikh Khalifa praised the strong tality, banking and other important video conference. and close relation between the State sectors,” he noted. exceeded €25bn. Under the patronage of Chairman of Qatar and the Federal Republic of QC Chairman pointed out that of Qatar Chamber (QC) Sheikh Khalifa Germany, especially in economic and Qatar’s economy offers a plenty of There are about 300 German companies operating in Qatar, bin Jassim Al Thani, the Qatari-German commercial aspects, noting that their investment opportunities that attract whether with Qatari partners or with full German capital. Business Forum kicked off on Thursday bilateral trade grew by 10 percent, from foreign investors and international through video conference, the QC said $2.1bn in 2018 to $2.3bn last year. “This companies, especially in the Qatar's economic laws and legislations provide a safe and stable in a statement. means that Germany is a very essential presence of a set of economic laws environment for investment. The forum was presided over by trade partner for Qatar,” he added. and legislations that provide a safe Sheikh Khalifa and President of the Sheikh Khalifa noted that the two and stable environment for Arab-German Chamber of Commerce countries’ bilateral relations have investment. and Industry Peter Ramsauer, in the evolved considerably following the Elaborating these laws, he said that presence of Ambassador of the State visit of Amir H H Sheikh Tamim bin they include the law regulating the of Qatar to Germany, H E Mohammed Hamad Al Thani to Germany in 2018 investment of non-Qatari capital in bin Jaham Al Kuwari; Vice-President which witnessed the announcement economic activity, which provides of the Arab-German Chamber of Com- to allocate investments of ¤10bn to several investment incentives for non- merce and Industry, Olaf Hoffmann; support the German economy during Qatari investors, including the allo- General Secretary of the Arab-German the next five years and signing of many cation of land, exemption from income Chamber of Commerce and Industry, important agreements that contributed tax, exemption from custom duties and Abdulaziz Al Mikhlafi; and Qatar to further developing cooperation ties freedom of transfer and other incen- Chamber General Manager, Saleh bin and stimulating investments between tives, adding that Qatar enjoyed a Hamad Al Sharqi. both countries. highly developed infrastructure and During the forum, both sides Regarding mutual investments, state-of-the-art economic and free reviewed trade and investment Sheikh Khalifa said that there are about zones and offered a wide range of cooperation and discussed estab- 300 German companies operating in attractive incentives for foreign Chairman of Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani, during the lishing alliances and partnerships Qatar, whether with Qatari partners investors. `P3 Qatari-German Business Forum. GNA Presidential Council praises Qatar, Turkey for supporting Libya MoCI clarifies QNA — TRIPOLI The Presidential Council of the Libyan Government of In its statement, the Council amount to war crimes and crimes about price National Accord stressed its steadfast position rejecting affirmed that the modern civil against humanity, and does not The Presidential Council of the state is an irreversible option, waive the application of justice variation of Libyan Government of National the militarisation of the state. stressing its steadfast position against them.” Accord (GNA) praised the role rejecting the militarisation of the The statement also stressed the goods in of the State of Qatar and Turkey Council affirmed the importance of resuming the state, in acknowledgement to the need to resume production and in supporting the legitimate political process and stressed the need to resume blood of the martyrs, in response exportation in the oil fields and ports supermarkets government and the Libyan to the demand of the Libyans, and to support the Libyan economy, people during the current crisis. production and export of oil to meet the in order to preserve the security, meet the needs of the Libyans and THE PENINSULA — DOHA This came in a statement needs of the Libyans. unity and sovereignty of Libya. alleviate their suffering. issued by the GNA Presidency The Libyan Presidential It emphasized that the parlia- The Ministry of Commerce and Council following a meeting news agency yesterday, one day State of Qatar, and the brotherly Council affirmed “the importance mentary and presidential elections Industry (MoCI) has clarified headed the Council’s Chairman after the GNA and the Tobruk and friendly countries that sup- of resuming the political process in the country are the goal of the in a statement on social media Faiz Al Sarraj, and attended by Assembly of Representatives, ported the position of the Gov- on clear grounds in which there Presidency Council to reach a that they set maximum price Vice President Ahmed Maitiq, announced an immediate cease- ernment of National Accord and is no place for those whose hands stable, permanent political stage, for commodities such as vege- and members Mohamed Ammari fire in the country. supported the Libyan people have been stained with the blood provided that they are conducted tables, fruits, fish and some Zayed and Ahmed Hamzah. The The council extended thanks during the current crisis, the of Libyans, and whoever has according to a sound constitutional basic commodities. As for Statement was carried by Libya’s to the Republic of Turkey, the statement said. committed violations that rule agreed upon by the Libyans. other commodities, their prices may vary from one supermarket to the other. The clarification came in MADLSA to train govt response to many queries and messages received from con- sumers about price dis- employees on fourth crepancy between super- markets and the role of the ministry in controlling prices. phase of reopening “We would like to clarify that the Ministry sets the QNA — DOHA adhering to all precautionary maximum prices for vege- measures during the periods of tables, fruits and fish, in The Ministry of Administrative training programs, so that the addition to other basic com- Development, Labour and Social number of participants in one modities. As for the rest of the Affairs (MADLSA), represented by room does not exceed 10. other commodities, their the Institute of Public Adminis- The Institute is taking pre- prices may vary from one tration, has announced its read- cautions by organising the outlet to the other. Accord- iness to start its training building entry and exit process, ingly, we advise consumers to programme at its headquarters, with the obligation for visitors to compare prices and quality targeting government agency wear masks and show Ehteraz between outlets and take the employees, in the event of imple- application when entering the appropriate decision when mentation of the fourth phase of building, as well as adhering to purchasing,” the Ministry Qatar’s precautionary plan. elevator use instructions. tweeted yesterday. In this context, the Institute The Ministry has also The prices for basic com- of Public Administration pre- developed a gradual work plan in modities like vegetable, fruit PSG gear up for UEFA Champions League final pared a training plan consistent the event of the return of training and fish can be accessed at the Paris St Germain players taking part in a training session at the Estadio da Luz in Lisbon, Portugal with the precautionary programmes, as the number of Ministry’s website. The min- yesterday, on the eve of their UEFA Champions League final against Bayern Munich. measures followed in the programmes and the number of istry urged consumers to country to confront the coro- trainees will gradually increase, report
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