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Page 01 Nov 08.Indd Home | 5 Business | 17 Sport | 27 Qatar University GCC, European El Jaish thrash reviews Union service Mesaimeer effects of new sector trade set to regain corporate law. to increase. second spot. SUNDAY 8 NOVEMBER 2015 • 25 Muharram 1437 • Volume 20 Number 6608 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Another win for Al Attiyah First batch of UAE troops PM to open returns from Yemen ABU DHABI: The first batch of UAE armed forces arrived home yesterday after handing over responsibilities to a new batch in Yemen within the Saudi-led Operations — Decisive Storm and Ministerial Restoring Hope — to regain legitimacy in Yemen. Emirates News Agency ( WAM) reported that the first batch of troops has contributed to liberat- ing Marib, home to the Marib Dam, from the Al Houthis and forces loyal to ousted Yemeni Presi- Energy meet dent Ali Abdullah Saleh. 30 countries to attend event Israel govt plans total DOHA: Prime Minister and Abdullah Bin Hamad Al-Attiyah siege of Hebron Interior Minister H E Sheikh Foundation for Energy & Sus- Abdullah bin Nasser bin Khalifa tainable Development, will be the RAMALLAH: There is a debate within the Israeli Al Thani will open the 6th Asian keynote speaker on the first day. Political-Security Cabinet on the possibility of Ministerial Energy Roundtable The Prime Minister will for- imposing a full siege on the occupied West Bank (AMER6) in Doha today. The mally inaugurate the roundtable city of Hebron, Hebrew radio reported. Yedioth three-day roundtable is being tomorrow. Ahronoth daily claimed that ten shooting attacks organised by the Ministry of The second day will see a ple- against settlers took place last month in the West Energy and Industry in coor- nary session on ‘Oil markets: a Qatar’s Nasser Saleh Al Attiyah (right) with co-driver Matthieu Baumel of France after winning Bank in which two Israelis were killed, pointing out dination with the International new normal or just another cycle, the Oman International Rally yesterday. It was Al Attiyah’s 60th career win in the FIA Middle that the last two operations in Hebron signal an Energy Forum (IEF). and what does it mean for Asia?’ East Championship. He equalled the record held by UAE’s Mohammed bin Sulayem. Qatar’s escalation with use of automatic arms and snipers. The meet will be attended by The topic has become relevant Abdul Aziz Al Kuwari is second in the championship standings behind Al Attiyah. ministers and representatives as oil price volatility in 2014-2015 QNA Report on page 28 from 30 largest producers and reached its highest level since consumers of energy in Asia. It 2008-2009 and its determinants Crash probe says noise will focus on the importance of are the subject of much discussion. dialogue in the convergence of Developments on both the sup- heard in black box views to create a balance in the ply and demand sides, from the Qatar Charity constructs 400 energy markets, and in securing unconventionals’ revolution to CAIRO: Cockpit information from the Russian global energy needs to ensure greater efficiency in consumption, jet which crashed in Egypt’s Sinai Peninsula one continued development in the passing through adjustments in week ago registered a noise in the last second of participating countries. AMER6 credit and financial markets, are homes for displaced Syrians recording, the head of an investigation committee will bring views of producers drawing the attention of observ- into the disaster said yesterday. But committee and consumers of energy in Asia ers as potential drivers of a new DOHA: Qatar Charity The houses, which are live under one roof, once head, Ayman Al Muqaddam, said experts were closer in light of the new reality reality for the global oil market. (QC) has built 400 houses cemented, consist of two again after suffering dur- still gathering information and it was too soon to in energy markets. Given the importance of market at a cost of QR5m ($1.37m) rooms, a kitchen and toi- ing stay in shelters. They announce conclusions. The event is being co-hosted stability for investment, and of the for displaced Syrians in let. The 400 housing units will also be protected from Western governments have said the crash, which by Thailand. The first day of role of energy costs for Asia’s eco- a village where residents can accommodate a total of cold in the winter that has killed all 224 passengers, may have been caused the roundtable will see welcom- nomic development, this session wanted to go back to their 2,400 people. almost begun. by a bomb and several countries have suspended ing remarks by H E Dr Moham- will explore factors behind these homes after normalcy The project is part of It has also been raining in flights to Sharm Al Sheikh from where the Russian med bin Saleh Al Sada, Minister recent oil market trends and their returned. several such projects QC some places in Syria mak- plane took off. Muqaddam said the crash occurred of Energy and Industry, Qatar, possible implications. Plenary ses- The project has been has been executing in dif- ing the winter colder. QC 23 minutes into the flight, when the auto-pilot was General Anantaporn Kanjanarat, sion-2 will be on ‘Gas and coal in executed at Wadi Al Daif ferent villages and towns of accords priority to housing still engaged, and debris were scattered over a wide Minister of Energy, Thailand and Asia’s energy mix: interactions near Ma’rrat Al Numan Syria to enable the affected projects because it is a basic area extending for 13 km “which is consistent with Dr Aldo Flores Quiroga, Sec- and uncertainties’. city in Syria. The new families to be rehabilitated human need. an in-flight break-up”. retary General, International Continued on page 6 houses have benefited the in their native villages. Continued on page 6 See also page 7 Energy Forum. H E Abdullah bin displaced whose homes were New houses will reunite Hamad Al Attiyah, Chairman of THE PENINSULA destroyed by shelling. families and allow them to THE PENINSULA REUTERS SUNDAY 8 NOVEMBER 2015 02 www.thepeninsulaqatar.com HOME MathAlive! interactive exhibition opens at Qatar Scientific Club Former energy and industry minister H E Abdullah bin Hamad Al Attiyah and (right) Mamdooh Salama, Hassan Aly, Samir Seifan, Khalid Al Khater and Mohammed Al Shatti at the opening session of the conference at Ritz-Carlton Hotel yesterday. KAMMUTTY VP Global oil prices at $70-80 a barrel before 2019 ruled out Supply-demand situation result of Opec’s reluctance to cut output By Mohamed Osman Salama, a consultant at the and reduce state subsidies and led to a 57 percent decline in Visitors at MathAlive! exhibition at Qatar Scientific Club on Thursday. ABDUL BASIT World Bank in Washington, DC. support for citizens — which oil prices. Other experts said DOHA: A Qatari expert said Qatar’s former energy and have been growing with the Opec’s share in the world oil DOHA: MathAlive! interactive mathematical concepts behind one he didn’t see world oil prices industry minister H E Abdul- population. market had shrunk to 30 per- math and science exhibition opened aspect of the country’s favourite improving to $70 to $80 a bar- lah bin Hamad Al Attiyah said it Other speakers agreed with cent. at Qatar Scientific Club (QSC) on sport. rel before 2019 as supplies were was not fair for Opec to reduce Al Attiyah and said the GCC According to Salama, the US Thursday. Dr Al Ibrahim said, “We are high and demand remained low. production to help stabilise states have for long been talk- shale production is going up. It The expo is a collaboration between pleased with the opening of the expo Khalid Al Khater said yes- prices in the global oil markets. ing about diversification but was six million barrels a day in Qatar Foundation (QF), QSC and today in cooperation with our part- terday the supply and demand “If Opec members reduce tend to mostly diversify their 2012 and reached 8.5 million Raytheon Company and is aligned ners, as we are confident of its ability situation of oil was a result of production, the gap will be filled economies into fields related to barrels last year. He said it was with QF’s efforts to promote learn- to present science through innovative Opec’s reluctance to reduce pro- in by non-Opec producers… oil like petrochemicals. So there wrong to think that low crude ing and education in Doha. and fun ways. “The exhibition also duction and increasing produc- These are the countries that is confusion. rates would discourage shale QF Executive Vice-President supports the national educational tion of shale oil. have always refused to cooper- Experts underlined the need oil producers due to higher for Research and Development Dr process in light of our commitment Non-conventional crude pro- ate with Opec members,” said for what they said was a deeper cost of exploration. The fact is Hamad Al Ibrahim, and QSC Chair- to support Qatar National Vision ducers are keeping a watch on Al Attiyah. understanding of causes of oil that constantly improving and man Fahad Al Kuwari attended the 2030 and build the new generation the market and increasing pro- He said that looking at global price fall rather than focusing sophisticated exploration tech- opening ceremony. of innovators among Qatari youth.” duction, he told a conference commodity prices, one sees that on demand and supply factors. nology meant oil production Yezen Munir, President, Raytheon Al Kuwari addressed visiting stu- here, It was held to debate the they have been on a downslide The demand and supply sit- costs are gradually coming down International in Qatar, Robert C dents and highlighted the importance impact of low oil prices on pro- whether it is gold or copper or uation is largely influenced by for shale producers.
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