Business WEDNESDAY 10 MARCH 2021 UDC wins global award for Corinthia Gewan Island Qatar Hotel This award is a massive vote of confidence in the iconic Corinthia Gewan Island Qatar Hotel which will be a flagship to modern hospitality not only within Qatar but also in the region.

Ibrahim Jassim Al Othman, UDC President and Chief Executive Officer and Member of the Board BUSINESS | 03 QSE 10,117.84 +65.61 (0.65%) FTSE 100 6,730.34 +11.21 (0.17%) DOW 32,137.98 +335.54 (1.06%) BRENT $67.61 (-0.61)

Al Kharsaah Solar Power Plant to start operations this year

LANI ROSE R DIZON It will also provide nearly 10 percent of plan to explore platforms for operation THE PENINSULA our national power demand,” said Al on topics of mutual concern, including Meer. environmental health, waste man- Qatar’s 800 MW Al Kharsaah Solar The QR1.7bn Al Kharsaah Solar agement, as well as the application of Power Plant will start its operations this Power Plant, which was first announced artificial intelligence, civil, and environ- year, as the country’s first utility scale last year as part of Qatar’s commitment mental engineering,” Holtz added. solar power plant prepares to supply to host a carbon neutral World Cup, is About 1.5 million visitors are solar power for the upcoming Qatar expected to reduce 26 million tonnes of expected to visit Qatar during the World 2022 World Cup, an official has said. CO2 during its lifetime. During the first Cup. Eight world class stadiums will host Speaking at a webinar on ‘Carbon phase of the project, 350 MV is expected four matches a day, while the Doha Neutral World Cup 2022’ hosted by the to be connected to the grid by early 2021. Metro connects all five World Cup US Chamber of Commerce’s US-Qatar Also speaking during the event, stadiums. Business Program in partnership with Ambassador Greta Holtz, Chargé Al Meer added: “For the first time, the Qatari Embassy recently, Bodour Al d’Affaires at the US Embassy in Qatar, each stadium will have three types of Meer, Sustainability Director at the said events like Qatar’s carbon neutral green building certifications on design, Supreme Committee for Delivery and Our goal is to deliver an World Cup are critically important construction management, and oper- Legacy (SC), said Qatar has developed because they present windows of Events like Qatar’s carbon ations. We’re also planning to install air outstanding World Cup with a a unique hosting concept to deliver a opportunity to act locally but with global neutral World Cup are critically quality stations in all of our stadiums. World Cup like no other. human, economic, social, and impact. The stadiums have been designed to important because they present “Our goal is to deliver an out- environmental legacy for Qatar and She said: “Our various government consume 40 percent less water, and windows of opportunity to act standing World Cup with a human, eco- the region to support economic agencies, as well as our private sector with extensive use of recycled water. nomic, social, and environmental legacy enterprises stand ready to partner with locally but with global impact. The landscaping used in our stadiums for Qatar and the region to support eco- diversification and development. Qatar in the long term, and with our also require little to no water use”. nomic diversification and development. state-of-the-art, sustainable and inno- Al Meer went on to reiterate Qatar’s Ambassador Greta Holtz, Chargé We’ll have the Al Kharsaah Solar Power Bodour Al Meer, vative solutions. We are stronger strategic investment programmes to d’Affaires at the US Embassy in Qatar Plant, which is delivered by Siraj Energy Sustainability Director at SC together as we face the challenges of boost its food sustainability, as well as and the Qatar General Electricity & generating greater sustainability and the country’s growing waste generation Water Corporation (Kahramaa), being stemming the threat of climate change. and recyling sectors which are seeing switched on this year to cover the World one month is enough to cover all the “The 2020 PPP law which Qatar firms to expand and deepen their part- a growing number of public and private Cup. Energy generated at this plant in World Cup stadiums for one entire year. passed also provided a method for US nerships with Qatar. Qatar and the US ventures. `P2 Beema General Assembly Meeting approves 10% dividend THE PENINSULA — DOHA how to deal with such crisis and financing policies, audit mech- to achieve good results which anisms, risks and compliance. Damaan Islamic Insurance enabled it to face its The company also took the Company (Beema) held repercussions. necessary precautionary yesterday General Assembly In light of these good results, measures to protect the Meeting which was chaired by the Board of Directors recom- company to face the repercus- company’s Charman, Sheikh mends, in coordination with the sions of the coronavirus pan- Jassim bin Hamad bin Jassim Sharia Supervisory Board, a dis- demic, and made appropria- bin Jaber Al Thani. tribution of 7 percent in surplus tions and reserves to face emer- The Board of Directors of to policyholders, who had no gency risks, in addition to an approved dividend of 10 claim records in 2020, and appropriation for doubtful percent of the nominal share approved distribution of divi- debts. Officials of Beema during the virtual General Assembly Meeting. value. Addressing the share- dends to the shareholders with The company has adhered holders, Sheikh Jassim bin a rate of 10 percent, he added. to the requirements and prin- sincere thanks to the employees and the customers, policy- company’s management and its Hamad bin Jassim bin Jaber Al The Chairman said that the ciples of corporate governance of the Ministry of Commerce & holders, for their trust and con- employees for their dedication Thani said that last year was a Beema Company succeeded to in accordance with the prin- Industry and the Qatar Central tinuous support, and to and hard work. real test for Beema Company retain its leading position in the ciples of corporate governance Bank for and its ability to overcome the Qatari Takaful insurance - issued by the Qatar Central their sincere challenges posed by the out- market. Among the most prom- Bank. cooperation, break of coronavirus inent things the company did The Board of Directors Sharia’ pandemic. during 2020 was to activate the expressed its sincere gratitude Supervisory He said this pandemic has mechanisms and policies for and appreciation to H H the Board of the showed the experience and managing the company’s Amir, and H E the Prime Min- company for competence of Beema Board of investment portfolios, and to ister, for their support and its generous Directors, its executive man- continue updating the anti- encouragement to the company. guidance, agement and their success of money laundering and terrorist The Board also extend its shareholders Real estate trading volume reaches QR1.77bn

QNA — DOHA 33 percent of total transactions were The data of the analytical real estate in Al Rayyan, 31 percent in Al Dhaayen The volume of real estate transaction bulletin issued by the Ministry during municipality and 15 percent in Doha in sales contracts registered with the February 2021 showed that the real municipality. real estate registration department at estate sector continues its steady The average price per square foot the Ministry of Justice during the month growth in various investment and for February 2021 ranged between of February 2021 amounted to QR QR705-773 in Doha, QR241-481 in Al 1.77bn. According to the data, 509 real commercial fields, thus continuing Wakra, QR321-414 in Al Rayyan, estate deals were registered during the strong and active trading QR228-473 in Umm Salal, QR275-463 February. movement that the sector is in Dhaayen, QR198-307 in Al Khor and The data of the analytical real estate witnessing during the recent period. Al Thukhaira, and QR141-210 in Al bulletin issued by the Ministry during Shamal. February 2021 showed that the real The trading volume revealed the estate sector continues its steady growth of Umm Salal, Al Wakra, Al Khor, Al registration of the highest value of ten in various investment and commercial Thakhira and Al Shamal. properties sold in February 2021, fields, thus continuing the strong and The value of the transactions of Al including four properties in Doha active trading movement that the sector Rayyan municipality amounted to municipality, 2 in Al Rayyan and Al is witnessing during the recent period, QR564m during the month, while that Dhaayen municipalities, and one in especially with the issuance of new laws of Doha municipality was QR482m. each of the Al Wakra and Umm Salal. and decisions related to real estate bro- The value transaction in Al Dhaayen Doha municipality recorded the kerage, real estate registration and own- reached QR435.98m, while that of highest number of mortgage transac- ership and utilization, as well as laws Umm Salal’s municipality was tions with 38 transactions, equivalent that attract domestic and foreign capital. QR146.87m and that of Al Wakra to 49.4 percent of the total number of These data also confirm the municipality stood at QR95.7m. mortgages, followed by Al Rayyan strength and durability of the founda- Al Khor and Al Thakhira munici- municipality with 21 transactions, tions of the Qatari economy and the pality recorded trading amounting to equivalent to 27.3 percent, Al Dhaayen continued growth of the real estate QR38.65m while that of Al Shamal with 11 transactions, equivalent to 14.3 sector as one of its main reached QR29m. In terms of the traded percent, Umm Salal and Al Wakra components. area index, indicators showed that the municipalities with three transactions The municipalities of Al Rayyan, municipalities of Al Rayyan, Al Daayen each, equivalent to 3.9 percent and Al Doha and Al Dhaayen topped the most and Doha were the most active munic- Shamal, with one transaction, equiv- active trades in terms of financial ipalities in the areas of real estate alent to 1.3 percent of the total number value, followed by the municipalities traded during February 2021, as about of mortgages. 02 BUSINESS WEDNESDAY 10 MARCH 2021

Al Kharsaah Solar Weekly property deals volume reaches QR469.9m Power Plant to THE PENINSULA — DOHA tower, or even a hospital or start operations For the first time in a while, school, Sharekna offers you The weekly property market feasibility studies, licenses and this year has witnessed sale deals worth Al Wakrah Municipality good planning by specialized QR469.9m, where residences acquired the highest deal in engineers and experts, as well FROM PAGE 1 sales have formed the chunk as secures funds for under- of property sale deals gener- terms of value through the taking the project and con- During the event, Holtz ating up to QR283.8m, or 60.4 sale of a commercial struction in a record time at a also highlighted the part- percent of the total sales building in Mashaf, at a prime cost only, without cal- nership between NASA and volume, while land plots culating any profit margin for the Qatar Foundation’s (QF) generated up to QR186mn, or value of QR31m. The Sak Partnership. This saves Qatar Environment and 39.6 percent of the total sales, building spans over an area The rental rates for one villa be coalesced, merged, and 40 percent of the total cost of Energy Research Institute according to Ezdan Real Estate range from QR9,000 to separated offers full-fledged the project for the landlord, in (QEERI) to conduct research report which was sponsored of 2,024 square meters and QR10,000. services for all tenants, return for a stake equivalent on water security, which she by Sak Partnerships Company. was sold at a price of This project overlooks Al including parking lots, and to one third of the project only said will not only promote During the period from Wukair main road and is in contributes to the boom of for Sak. At the same time, the conservation and sustaina- 21-25 February 2021, the QR1,423 per square foot. front of Al Janoub Stadium. businesses operating from landlord may choose to divest bility, but will also provide market activity showed that It is distinguished by its such offices. the joint venture agreement. high quality jobs of the future the registered property sales vicinity to Al Wakra’s com- “Sharekna” is a smart real Sak Company offers 5 percent as countries emerge from the were distributed among 7 acquired the highest deal in mercial avenue, Ezdan Mall estate product provided by Sak commission for realtors inter- global pandemic. municipalities: Umm Salal, Al terms of value through the sale Al Wakra and Al Wakra Partnership as a solution for ested to work under Khush Choksy, Senior Vice- Khor, Al Dhakhira, Al Doha, Al of a commercial building in Hospital. landlords of vacant land lots, “Sharekna”. President for Middle East, Rayyan, Al Shamal, Al Daayen, Mashaf, at a value of QR 31mn. Ezdan Real Estate enabling them to transform Ezdan Real Estate Turkey, and Central Asia Affairs and Al Wakra, and included The building spans over an Company has rendered one the lands into real estate Company runs more than at the US Chamber of Com- the sales of vacant lands, res- area of 2024 square meters of its milestone projects that projects that generate con- 22,800 residential units, and merce, added that apart from idences, multi-use buildings, and was sold at a price of provides office plans and tinuous gains for life. The around 790 commercial units World Cup infrastructure multi-use land lots and resi- QR1423 per square foot. administrative places for rent, project philosophy is based on inside Doha and its environs, projects, the US Chamber of dential buildings, according to The report also highlighted namely Umm Ghwailina coupling strength and success including Al Wakra and Al Commerce is also eyeing new the data gleaned from the real the rental rates of residential office plan project. It enjoys of any project. Wukair. The company con- partnerships with Qatar in estate bulletin released by the villas in Al Wakra, as it indi- a premium location in Doha, Whether you are a tinues to invest in the real natural gas, logistics, and trans- Real Estate Registration cated that Ezdan Village 25 is nearing the Corniche and the landlord for a vast or small estate sector and contribute portation sectors among others. Department. a project featuring 61 villas of main roads. The project land lot, suitable for devel- to real estate development in “Qatar is increasingly For the first time in a six- bedroomed structure fur- which features 128 offices oping a residential or com- the State of Qatar on a large becoming one of the sports while, Al Wakrah Municipality nished with modern furniture. with different sizes that can mercial complex, building or scale. capitals of the world. The Supreme Committee for Delivery and Legacy has com- mitted to building a carbon Turkey, Azerbaijan ink deal on technology cooperation neutral World Cup and has invested in building highly sus- ANADOLU — ISTANBUL know-how in high-tech and deep High level meetings are planned tainable infrastructure that can entrepreneurship will be transferred between Technopark Istanbul and be used year-round, and long Turkey's Teknopark Istanbul and to Azerbaijan as part of the deal. Azerbaijan's Innovation Agency in after the World Cup ends. Also, Azerbaijan's Innovation Agency He also said they are happy to the near future. In these meetings, not just in Qatar, but in places yesterday signed a memorandum of support the efforts carried out by it is aimed to clarify the details of in Africa, where it will donate understanding for cooperation in the Azerbaijan's Innovation Agency for the the agreement and the steps to be entire stadiums. The Fifa World field of high technologies, rewriting of Karabakh's history. taken. Cup 2022 will therefore set a According to a statement by Tekn- The deal signed to make Karabakh Established in 1987, Tenkopark benchmark across the world. opark Istanbul, a technology devel- region a high-tech center includes Istanbul aims to support research and It is also an opportunity for opment zone, the joint high-technology incubation, acceleration and tech- development activities, innovation American companies to facil- zones are planned to be established nology transfer programs to increase and technological production, and to itate the economic growth and under the deal. the level of technological knowledge create an ecosystem by triggering diversification in Qatar, which Bilal Topcu (pictured), the head of in the region and to train young entrepreneurship and national has resulted in new partner- Teknopark Istanbul, said the professionals. economy. ships,” he added. Disney+ tops 100 Mideast businesses urged to sign million users in Bitcoin surges higher REUTERS — BENGALURU fueled gains in related stocks, up for ‘Living Business’ programme unprecedented sending shares of cryptocur- Bitcoin rose strongly yesterday, rency miners Riot Blockchain Inc THE PENINSULA — DOHA reporting and transparency. growth run on course to gain for a fifth and Marathon Digital Holdings Keith Bradley, Managing straight day, in a rally that has Inc soaring 28 percent and 22 Businesses in Qatar, Bahrain, Partner at Globally, said: “After BLOOMBERG left the cryptocurrency within percent, respectively. Egypt, Oman and the United the success of the first edition touching distance of an all-time In recent weeks, companies Arab Emirates (UAE) that want in the UAE last year, we are Walt Disney Co.’s flagship high hit last month. have taken advantage of bitcoin's to improve their approach to thrilled to expand the pro- streaming platform topped The digital currency was strength to raise hundreds of environmental, social and gramme to four other markets 100 million users just 16 trading up 3.3 percent at $54,206 millions of dollars in funding, governance (ESG) issues are in the region. Despite a chal- months after its launch, amidst a broadly supportive risk capitalizing on improved market encouraged to register for the lenging year, sustainability has quickly establishing the rally, climbing toward a record sentiment. second edition of the Living really been on the forefront of service as Netflix Inc.’s most- high of $58,354.14 seen on Feb- Bitcoin bank Silvergate Business programme. companies’ agendas. We would formidable competitor. ruary 21. Capital Corp yesterday launched The programme, organised like to support them in making The company announced Bitcoin has risen about 87 a $300m program to sell shares, by Globally, get in the Ring and their businesses even more suc- that it reached the milestone percent this year, broadly out- less than two months since it HSBC, aims to improve the sus- cessful through real tangible yesterday, just ahead of its performing conventional asset raised equity, while business tainability of businesses by Elie Maroun El Asmar, Head of change.” annual meeting. The service, classes, partly due to broader intelligence software company helping them deliver a signif- Commercial Banking in Qatar Last October, HSBC set out called Disney+, debuted in the acceptance as a form of MicroStrategy Inc recently issued icant ESG enhancement an ambitious plan to prioritize US in November and rolled out payment. notes in order to fund more initiative. “HSBC is committed to financing and investment that to Canada, Australia, Latin Yesterday's, bitcoin's surge bitcoin purchases. Participants will be pro- helping our customers make the supports the transition to a net- America and Singapore in the vided with one-on-one transition to a low-carbon zero global economy – and following months. coaching with ESG experts to future, not only by providing helps to build a thriving, resilient The rapid ascent of the European Union GDP help them achieve their goals. green and sustainable finance future for society and busi- service underscores the power The companies that show the but also by sharing our nesses. At the heart of the plan of the Disney name, along with most promise will present their knowledge and expertise,” he is a pledge to reduce financed entertainment franchises that narrows 6.2% in 2020 initiatives at the UK pavilion at added. emissions from HSBC’s portfolio include Marvel, Star Wars and ANADOLU — ISTANBUL Expo 2020 Dubai, with winners Applications are open to all of customers to net-zero by Pixar. Netflix, the pioneer in invited to attend a course at the active businesses in Qatar, 2050 or sooner, in line with the subscription streaming, fin- The European Union's gross domestic product (GDP) narrowed 6.2 Institute for Sustainability Bahrain, Egypt, Oman and the goals of the Paris Agreement. ished 2020 with almost 204 percent in 2020 amid the coronavirus pandemic, the bloc’s statis- Leadership at The University of UAE who are prepared to “We are encouraged by the million subscribers globally. tical authority said yesterday. The GDP growth rate was 1.6 percent Cambridge. implement a project that will commitment and dedication of The success has prompted in 2019, Eurostat said in a statement. The union's GDP also shrank Daniel Howlett, HSBC’s have a significant ESG impact our customers to become more Disney to increase the pro- 4.6 percent in the last quarter of the year, compared to the same Head of Commercial Banking such as: sustainable in how they gramming budget for Disney+. quarter of 2019, it added. in the Middle East, North Africa ŭ Reducing the business’s operate. We have seen much The Burbank, California-based On the euro area side, the GDP growth rates were minus 6.6 and Turkey, said: “If the world or industry’s environmental progress over the past year and company has set a target of percent and minus 4.9 percent in 2020 and the last quarter, respec- hopes to achieve its climate footprint will continue to support them more than 100 new titles per tively. The eurozone/euro area or EA19 represents the member states targets, business has to become ŭEnhancing the social with innovative, incentivizing year. The service is now that use the single currency – the euro – while the EU27 defines all more sustainable. Our latest capital of the business through and tailored solutions to fulfill available in 59 countries. member countries of the bloc. Navigator Report told us that initiatives such as improving their ESG ambition,” said Elie “Our direct-to-consumer In the last quarter, Spain was the worst performer with its GDP 98% of companies in the Middle the health, safety, wellbeing or Maroun El Asmar, Country business is the company’s top growth rate of minus 9.1 percent year-on-year. Followed by Greece East see multiple opportunities skills of its staff or the wellbeing Head of Commercial Banking priority,” Chief Executive (minus 7.9 percent) and Croatia (minus 7.1 percent). Luxembourg for improving their environ- of its customers in Qatar. Officer Bob Chapek said in a only posted a positive growth rate in the last quarter with 1.4 percent mental and ethical sustaina- ŭCreating a sustainable To apply for Living Business statement, “and our robust versus the same quarter 2019. The COVID-19 measures, such as lock- bility, so we do feel governance framework, 2021, please visit www.living- pipeline of content will con- downs and travel bans, affected economic activities and smashed optimistic.” including engagement, business.me. tinue to fuel its growth.” countries all around the world, especially in the EU. Huawei AppGallery integrates popular ride-hailing apps

THE PENINSULA — DOHA ride-hailing apps are integrated Bolt (formerly Taxify) is a By downloading these within the core Huawei Mobile mobility app for requesting As part of its strategy to meet on-demand transportation Services (HMS) ecosystem. They fast and affordable ride and users’ needs and provide them apps from the Huawei include Huawei Map and food delivery services. Just tap with a better experience in Location kit, which provides an the button to order a ride, get various industries including AppGallery, users can now accurate location when booking picked up by a nearby driver, e-commerce, transportation, use a simple, affordable, rides and location tracking, and enjoy a low-cost ride to food delivery, and airlines, and much quicker way to thereby offering an enhanced your destination. DTC app is Huawei AppGallery, the third- user experience. an initiative of Dubai Taxi Cor- largest global app distribution reach any destination Karwa Taxi is the exclusive poration. SWVL is the fastest platform of Huawei, is always within their cities. Taxi operator in Qatar. Karwa growing startup in the MENAP expanding its portfolio across Taxis and Limousines are com- Region and Africa, specializing the vast region by adding more fortable, clean, and safe, and the in bus booking and mass innovative apps. ride-hailing apps available in service rendered is focused on transportation services. Jeeny The platform is now the Middle East and Africa, such from the Huawei AppGallery, hassle of missing an important an optimal customer expe- is a Middle Eastern-based available in more than 170 as Karwa, AbuDhabi Taxi and users can now use a simple, appointment, reduce stress rience. Download the Karwa mobile application that eases countries with over 530 million Dubai Taxi Corporation (DTC), affordable, and much quicker related to heavy traffic during Taxi App and get top-notch taxi daily transportation needs, monthly active users globally. Bolt, SWVL, and Jeeny. way to reach any destination peak hours, and enable a secure and limousine services by the with the most affordable In terms of transportation, the By downloading these on- within their cities. and contactless payment nearest available Karwa Cab in prices in Saudi Arabia & platform now includes popular demand transportation apps Moreover, it can avoid the method. Most of these no time. Jordan. WEDNESDAY 10 MARCH 2021 BUSINESS 03 UDC wins global award for Corinthia Gewan Island Qatar Hotel

THE PENINSULA — DOHA and a cigar lounge. For its part, the Gewan Golf United Development Company This award is a massive Club is set in six hectares of (UDC), a leading Qatari public parkland and is designed to the shareholding company and vote of confidence in the highest standards, to offer a master developer of The Pearl- iconic Corinthia Gewan new-generation golfing Qatar and Gewan Island, has Island Qatar Hotel which experience. won the 2020 International will be a flagship to Gewan Island is UDC’s latest Property Award for Corinthia modern hospitality not real-estate project, situated next Gewan Island Qatar hotel in the to The Pearl-Qatar and category of Best New Hotel only within Qatar but also spanning 400,000sqm. Once Construction & Design. in the region. completed, the Island will be Commenting on this inter- home to 657 residential units, national recognition, Ibrahim Ibrahim Jassim Al Othman including 586 apartments, 20 Jassim Al Othman, UDC Pres- UDC President and CEO standalone villas located along ident and Chief Executive a placid beach in a quiet and Officer and Member of The gated seaside community, as Board, said: “This award is a well as 21 beachfront villas with massive vote of confidence in quality, and maximise Gewan private beach, 26 waterfront the iconic Corinthia Gewan Island’s tourism and leisure villas that are equipped with Island Qatar Hotel which will potential.” private pontoons for private be a flagship to modern hospi- The project won the award, boats, and six independent tality not only within Qatar but after earlier winning the same island mansions, in addition to also in the region. The energy, title in the Arabian Property 11,000sqm of retail spaces and vision and quality of resources Awards. The awards which are 15 multi-use buildings. that UDC has assembled for this considered a world-renowned Gewan Island will feature project, will ensure that Cor- mark of excellence, were judged sustainability. patio with a 1,000 people activities and amenities. in addition to Corinthia Hotel inthia Gewan Island Qatar Hotel by a panel of more than 80 The ‘Corinthia Gewan Island capacity, an all-day dining and Connected to the hotel will and its connected golf course will be another landmark industry experts and chaired by Qatar’ Hotel will be established specialty restaurants in addition be a luxurious beach club and beach club, an air condi- property that will enrich UDC’s members of the UK’s House of on an area of 13,000sqm and to a distinguished spa facility. facility which will provide the tioned ‘Crystal Walkway’ and portfolio of unique and excep- Lords, taking into account key will comprise 110 guestrooms The hotel will be an architec- ultimate leisurely guest expe- seaside promenade, parks and tional projects, set a new factors including design, quality, including executive rooms, 30 tural jewel combining urban rience and offer a pool and green areas, in addition to benchmark for destination service, innovation, originality, suites and a presidential suite, luxury and neo classical design chalets with stunning views in various entertainment facilities, development, design and and commitment to a banquet hall and outdoor and will feature many leisure addition to exquisite restaurants a sports club and a mosque. Vaccine rollout, US stimulus boost Oman to cut income tax global economic outlook: OECD on SMEs

REUTERS — PARIS REUTERS — DUBAI

A Boeing plane sits on the tarmac at the Boeing South Carolina The global economic outlook Oman will reduce income tax Plant in North Charleston, South Carolina, in the US. has brightened as COVID-19 for small and medium busi- vaccine rollouts speed up in nesses for 2020 and 2021 and some countries and the United will offer long-term residency Boeing finally sees 31 States launches a vast new permits for foreign investors, stimulus package, the OECD state TV said yesterday. said yesterday, hiking its fore- The plans announced on new orders for planes casts. state media are part of Oman’s The world economy is set Vision 2040 aimed at diversi- AP — CHICAGO Airlines commitment to buy to rebound this year with 5.6 fying the economy away from another 25 Boeing 737 Max jets. percent growth and expand 4.0 oil, which makes up the bulk of Boeing said yesterday that it Boeing said other customers that percent next year, the Organi- state revenues. Containers are seen at the Port of Los Angeles amid the coronavirus disease received more new orders than it declined to identify ordered 14 sation for Economic Cooper- The International Monetary pandemic, in Los Angeles, California, US. cancellations for commercial Max planes, and it reported 27 ation and Development said in Fund said last month Oman airplanes in February for the first new orders for its KC-46 mil- its interim economic outlook. would make a modest recovery time in 15 months. itary refueling plane. That marked a sharp cannot soon return to more for 3.2 percent in 2021 and 3.5 to 1.8 percent growth this year. The company reported 82 Chicago-based Boeing said increase from its last outlook in normal lives. percent in 2022. The measures also include new orders and 51 cancellations it delivered 22 commercial early December, when the Global gross domestic The OECD estimated the income tax being reduced for for a net gain of 31. In addition, planes last month including 18 Paris-based policy forum product was seen returning to package, which includes companies in sectors aimed at Boeing put orders for 16 planes Max jets, led by five to Southwest forecast global growth of 4.2 pre-pandemic levels by the $400bn in one-time payments economic diversification that back into its backlog, indicating Airlines and three to United. percent this year and 3.7 middle of this year, albeit with of $1,400 to many Americans, will begin operating this year. it is now more confident that The Max was grounded percent next year. large divergences between would boost US output by Oman will also cut rent at those sales will go through. worldwide in March 2019 after But significant risks loom countries. around 3 percent to 4 percent the Duqm Special Economic The orders could indicate two crashes that killed 346 over the improved outlook, “The pace of vaccinations on average in its first full year. Zone and industrial areas until that airlines are starting to feel people. Regulators in the US, notably in the form of how fast is not fast enough to consolidate With public money flooding the end of 2022. more optimistic about a rebound Europe, Canada, Brazil and other authorities get vaccine shots to the recovery, we need to go into the world’s biggest It said granting longer res- in travel, which has been dev- countries cleared the plane to people, how soon restrictions much faster and we need to do economy, the package could idencies for foreign investors astated by the coronavirus pan- resume flying after Boeing are lifted and whether new var- much better,” Boone said. lead to the creation of up to 3 would be done “in accordance demic. In the US, the number of changed an automated flight- iants of the coronavirus are While the vaccine rollout million US jobs by the end of with specific controls and con- air travelers has been ticking up control system that played a role kept in check. would give a shot in the arm to the year but could also increase ditions that will be announced with the rollout of vaccines in the crashes. “Not vaccinating fast the global economy, the United inflation by 0.75 percentage later after their study is com- against COVID-19, although air Boeing says 14 airlines enough risks undermining the States’ planned $1.9 trillion points per year on average in pleted by the Council of Min- travel remains far below pre- around the world are now flying fiscal stimulus that has been put stimulus package would the first two years. isters, in addition to incentives pandemic levels. Boeing suf- passengers on Max jets, in place,” OECD chief econ- cascade down to other coun- Meanwhile, the stimulus related to the market.” The fered several months when it including American, United and omist Laurence Boone told an tries, adding more than a per- would be a boon for the United cabinet also approved a long- reported no orders, as airlines Alaska airlines. Southwest plans online news conference. centage point to global growth. States’ major trading partners, term urban growth strategy that parked unneeded planes and cut to resume Max flights later this Singling out Europe for its The US economy would boosting growth by 0.5-1 per- “is considered a key enabler for costs to conserve cash. week. slow rollout, she said gov- grow 6.5 percent this year and centage points in Canada and achieving Oman Vision 2040,” Several of the February Shares of Boeing rose more ernment money injected into 4.0 percent next year, the OECD Mexico, and between 0.25-0.5 state TV said citing Oman’s orders had been previously than 2 percent in late-morning the economy risked ending up said, ramping up its forecasts in euro area and China, the ruler, H E Sultan Haitham bin announced, including a United trading. in consumers’ savings if they from expectations in December OECD said. Tariq Al Said. COVID-19 aid for firms in Germany Malaysia glove firm says no systemic forced labour found suspended REUTERS — KUALA LUMPUR Group expects it will not revert to pre-pandemic levels owing over fraud Malaysia’s Top Glove said The findings were announced as to increased hygiene yesterday an independent the company posted a fourth awareness as well as uncer- REUTERS — BERLIN consultant had concluded consecutive quarter of record tainties surrounding the reso- there was no systemic forced lution of the COVID-19 pan- Germany has temporarily labour at the firm after it took profits, benefiting from soaring demic,” the company said. suspended financial assistance measures to address US demand for its medical gloves It added that it expected to some companies suffering concerns of such practices at during the COVID-19 pandemic. governments to continue to under lockdown measures to the world’s largest glove Net profit soared 2,380 percent stockpile gloves and other per- contain the coronavirus after maker. to 2.87 billion ringgit ($695.93 sonal protective equipment. identifying several cases of The findings were Top Glove also posted suspected fraud, the economy announced as the company million) in the second quarter of record revenue of 5.37 billion ministry said yesterday. posted a fourth consecutive the financial year from 115.7 ringgit in the second quarter, The suspension affects quarter of record profits, ben- million ringgit a year ago. up 336 percent from a year companies which applied for efiting from soaring demand ago. special assistance for November for its medical gloves during The manufacturer, which and December as well as some the COVID-19 pandemic, and is already listed in Malaysia special bridge loans. The min- said it expected to list its shares sales, it said, adding that and Singapore, is seeking a istry said it had referred the in Hong Kong in May or June greater production efficiency $1.9bn dual primary listing in suspicious cases to prosecutors of this year. and higher average selling Hong Kong to fund ongoing who have launched investiga- Top Glove appointed the prices had also underpinned expansion after its stellar per- tions into the irregularities. consultant to assess the group’s second-quarter profits. formance over the past year. A worker at a production line in Top Glove factory in Shah Alam, Malaysia. “There are suspicions that trade, human rights and labour The company said the But sources have told in a few cases corona-related practices after the US Customs profit achieved for the first half Reuters that two banks - Citi- state aid was obtained unlaw- and Border Protection (CBP) come after the consultant ver- Director Lee Kim Meow told a of the current financial year group and UBS Group - have fully through fraud,” an placed products of two of its ified the company had imple- virtual press briefing. ending in August 2021 opted out of the deal, citing economy ministry spokes- subsidiaries on an import ban mented the correction action The comments come as the exceeded the group’s total concerns about Top Glove’s woman said in an emailed over suspicions of forced plans it submitted to US company reported another profit for the past 20 years. rubber farming processes and statement. “Payments are being labour last year. authorities for review and record quarterly profit. Global demand for gloves the reputational risk of reviewed and temporarily “The independent consult- approval. Net profit soared 2,380 meanwhile would likely grow working with a US sanctioned halted. Aid will be made ant’s opinion as of January “We are assured by our percent to 2.87 billion ringgit to about 15 percent per annum company. available (again) shortly.” The 2021 was that there is no sys- consultant that we are very ($695.93 million) in the second after the pandemic from Top Glove said a portion of ministry did not say how much temic forced labour within the close to the finishing line. And quarter of the financial year around 10 percent per annum the net proceeds from the money was involved but the group,” Top Glove Executive in our recent dialogue with the from 115.7 million ringgit a before the coronavirus, Top listing will be invested in envi- German-language website of Director, Lim Cheong Guan, CBP personnel, they also year ago, Top Glove said in a Glove said. ronmental, social and cor- Business Insider put the figure said yesterday. assured us that this is the final stock exchange filing. “While demand is likely to porate governance practices in the millions of euros (dollars). He also said the findings leg,” Top Glove Managing Strong demand boosted stabilise post-pandemic, the and initiatives. 04 BUSINESS WEDNESDAY 10 MARCH 2021

EU sets 2030 EU kicks off race to produce We know that we will goals to secure need more and more advanced semiconductors microprocessors, for tech sovereignty so-called internet of from US, Asia BLOOMBERG shortage of chips needed to yesterday. “That’s a big market,” things but also for cloud outfit modern cars with assisted he said, adding that targeting and edge computing. BLOOMBERG The European Union outlined driving, electrification and other the production of semicon- the bloc’s digital goals for the technologies. While the issue ductors below the current The European Union outlined next decade, including plans to may prove short-lived, it’s high- cutting-edge 5nm nodes, “is Thierry Breton the bloc’s digital goals for the develop and manufacture the lighted the region’s dependence really what I think we should EU Industry Commissioner next decade, including plans world’s most advanced semi- on the US and Asia for crucial do.” to develop and manufacture conductors by 2030, in an effort pieces of tech. The plans are extremely the world’s most advanced to reduce reliance on foreign Still, the EU’s efforts are ambitious given the EU’s foundry or repurposing an To have the first computer semiconductors by 2030 in an companies for critical techno- already facing hurdles. Some starting point, according to Fre- existing one as part of the plan with quantum acceleration in effort to reduce reliance on logical components. semiconductor industry exec- derico Mollet, an analyst at the to boost semiconductor pro- Europe by 2025. foreign companies for critical Production of at least 20 utives in Europe question European Policy Centre. “This duction in Europe, Bloomberg For all populated areas to technological components. percent of the world’s semicon- whether demand exists in doesn’t necessarily mean they News reported previously. be covered by 5G by 2030. Production of at least 20% of ductors in value is targeted by Europe for such advanced proc- shouldn’t be pursued, but it will Breton yesterday said “we will For all key public services the world’s semiconductors in that date, the EU said yesterday. essors, and whether the EU is be a long-term project, with have opportunities to do this,” to be available online by 2030. value is targeted by that date, the Mature semiconductors are willing to invest the many years considerable risk and expense adding that the EU may partner A monitoring system will EU said yesterday. Officials want already produced in Europe, but and billions of euros it would attached,” he said. with companies that have the be established to measure to manufacture chips that are faster officials want the region to take to overhaul a global supply The European Commission, know-how to do so but that whether the EU and its than the most efficient currently manufacture chips that are chain. the bloc’s executive body, didn’t nothing has been decided yet. member states are meeting the made by industry leaders Taiwan faster than the most efficient “We know that we will need provide any concrete details Other goals in the EU’s plan targets, and the commission Semiconductor Manufacturing Co. currently made by industry more and more microproc- about how it would achieve that include: said it would publish an and Samsung Electronics Co. leaders Taiwan Semiconductor essors,” for so-called internet goal or the others outlined in its To deploy climate-neutral annual progress report. The The ambitious plan comes Manufacturing Co. and of things but also for cloud and so-called Digital Compass decentralized cloud infra- targets still need approval as Europe’s auto sector faces a Samsung Electronics Co. edge computing, EU Industry yesterday. structure to guarantee busi- from both the bloc’s member shortage of chips needed to The ambitious plan comes Commissioner Thierry Breton The EU has discussed nesses access to data services states and the European outfit modern cars with assisted as Europe’s auto sector faces a said at a press conference potentially establishing a new in milliseconds by 2030. Parliament. driving, electrification and other technology. While the issue may prove short-lived, it’s high- Turkey: Industrial output lighted the region’s dependence Tesla scrip rebounds from sell-off, surges 14% on the US and Asia for crucial seen rising in January pieces of tech. REUTERS — BENGALURU Still, the EU’s efforts are The jump, which added $75bn to ANADOLU — ISTANBUL already facing hurdles. Some Shares of Tesla surged 14 percent Tesla’s market capitalization, would semiconductor industry execu- yesterday, rebounding from a deep end a five-day streak of losses for the Turkey's calendar-adjusted industrial tives in Europe question whether sell-off and on track for their largest production index for January is expected to demand exists in Europe for such one-day gain in about a year after data company in a Nasdaq slump in which rise by 7.9 percent year-on-year, according advanced processors, and showed an increase in China sales and investors spooked by rising interest to a survey yesterday. The estimates of a group whether the EU is willing to an analyst raised his rating on the rates have abandoned growth stocks of nine economists surveyed by Anadolu invest the many years and bil- electric car maker. with heady valuations. Agency ranged between 3 percent and 10.8 lions of euros it would take to The jump, which added $75bn to percent for the month. overhaul a global supply chain. Tesla’s market capitalization, would The term "calendar-adjusted" is used to The European Commission, end a five-day streak of losses for the refer to data without calendar and holiday- the bloc’s executive body, didn’t company in a Nasdaq slump in which one-day performance since March 24, vehicles in February, up from 15,484 originated effects. provide any further detail about investors spooked by rising interest 2020. in January, Chinese auto industry body The economists also projected that the how it would address those rates have abandoned growth stocks “As much as the market severely CPCA said. unadjusted industrial production index for issues, or achieve the other with heady valuations. corrected the recent excesses of After the recent market volatility, January would rise by 8.2 percent compared goals outlined in its so-called New Street Research analyst optimism reflected in Tesla’s valu- Tesla’s stock remains up about 70 to the same month of last year. Digital Compass. It’s discussed Pierre Ferragu raised his Tesla rating ation, our recent work strengthened percent over the past six months. In December 2020, the unadjusted and potentially establishing a new to “buy” from “neutral,” and upped our confidence about the solid outlook Thirteen analysts have neutral ratings adjusted industrial production indices posted foundry as part of the plan to his target price to $900 from $578. for the company in the next 2 years,” on Tesla, while 12 recommend buying annual rises of 12.1 percent and 9 percent, boost semiconductor pro- Tesla’s stock was last at $643 and Ferragu wrote in a client note and 10 recommend selling, according respectively, December reading was up 1.3 duction in Europe, Bloomberg it was heading for its strongest Tesla sold 18,318 China-made to Refinitiv. percent from a month ago. News reported previously.

QATAR STOCK EXCHANGE

QNBK - QNB 16.75 16.85 16.78 17.00 335,000 17.0 16.78 5,000 17.00 17.00 +0.25 +1.49 1,069 3,111,253 52,612,547.92 QIBK - Qatar Islamic Bank 15.73 15.74 15.74 15.84 6,289 15.83 15.78 114,853 15.78 15.78 +0.05 +0.32 408 1,317,250 20,817,252.76 CBQK - Comm. Bank of Qatar 4.28 4.333 4.230 4.340 175,561 4.3 4.281 477,093 4.281 4.28 +0.001 +0.02 432 8,676,010 37,301,853.728 DHBK - Doha Bank 2.309 2.31 2.28 2.31 3,391 2.315 2.28 27,858 2.28 2.28 -0.03 -1.26 76 1,786,772 4,101,166.12 ABQK - Ahli Bank 3.85 0.00 0.00 0.00 11,085 4.0 3.7 1,000 3.85 0.00 0.00 0.00 0 0 0.00 QIIK - Intl. Islamic Bank 8.55 8.56 8.56 8.70 1,461 8.68 8.581 1,751 8.68 8.680 +0.13 +1.52 368 2,314,782 19,972,292.37 MARK - Rayan 4.168 4.189 4.160 4.189 79,987 4.187 4.16 27,096 4.187 4.187 +0.019 +0.46 585 4,498,129 18,760,305.195 KCBK - Al khalij Commercial Bank 2.09 2.12 2.03 2.12 100,000 2.109 2.09 3,000 2.09 2.09 0.00 0.00 40 2,456,716 5,131,568.67 QFBQ - Qatar First Bank (QFC) 1.802 1.80 1.79 1.82 6,887 1.818 1.8 14,331 1.80 1.80 -0.00 -0.11 100 4,417,912 7,986,984.86 QETF - QE Index ETF 10.08 10.087 10.067 10.280 0 0.0 10.06 5,000 10.086 10.145 +0.006 +0.06 19 140,928 1,434,515.135 QATR - Al Rayan Qatar ETF 2.365 2.330 2.325 2.392 8,000 2.392 2.3 3,000 2.392 2.392 +0.027 +1.14 5 19,128 45,623.428 QATI - Qatar Insurance 2.339 2.35 2.33 2.39 4,553 2.396 2.39 47,500 2.39 2.390 +0.05 +2.18 76 1,907,609 4,486,755.61 DOHI - Doha Insurance 1.948 1.948 1.95 2.00 5,420 2.028 2.0 308,591 2.00 0.000 +0.05 +2.67 18 878,057 1,744,380.70 QLMI - QLM 4.95 4.950 4.865 4.990 18,700 4.885 4.875 3,000 4.885 4.885 -0.065 -1.31 69 403,557 1,976,614.456 QGRI - General Insurance 2.161 2.200 2.200 2.275 6,439 2.275 2.161 100 2.275 2.27 +0.114 +5.28 6 90,020 198,045.500 AKHI - Alkhaleej Takaful 2.604 2.62 2.60 2.79 119,566 2.79 2.76 50,000 2.79 2.79 +0.19 +7.14 219 3,512,795 9,537,598.17 QISI - Islamic Insurance 7.58 7.50 7.500 8.000 2,014 7.939 7.784 1,978 7.943 0.00 +0.363 +4.79 51 303,795 2,348,416.837 QAMC - QAMCO 1.105 1.092 1.076 1.100 100,000 1.089 1.086 26,410 1.086 1.086 -0.019 -1.72 385 14,857,672 16,146,245.473 QIMD - Ind. Manf. Co. 3.047 3.00 2.92 3.03 13,000 3.029 3.0 20,899 3.00 3.00 -0.05 -1.54 32 197,373 592,170.33 QNCD - National Cement Co. 4.55 4.69 4.50 4.95 8,083 4.902 4.9 130,519 4.90 4.900 +0.35 +7.69 256 2,003,170 9,541,416.35 ZHCD - Zad Holding Company 16.11 17.72 16.81 17.72 15,436 17.0 16.92 7,440 17.00 17.00 +0.89 +5.52 178 644,414 11,218,110.96 IQCD - Industries Qatar 11.66 11.50 11.50 11.99 11,080 11.99 11.9 3,000 11.99 11.99 +0.33 +2.83 307 943,229 11,218,708.72 UDCD - United Dev. Company 1.544 1.550 1.531 1.569 50,000 1.58 1.569 16,706 1.569 1.569 +0.025 +1.62 249 2,441,697 3,809,992.774 QGMD - Qatar German Co. Med 3.05 3.078 2.935 3.078 22,222 2.991 2.977 257,371 2.991 2.991 -0.059 -1.93 235 2,955,076 8,822,640.965 QIGD - The Investors 1.798 1.798 1.781 1.809 32,101 1.809 1.805 6,610 1.809 1.809 +0.011 +0.61 171 2,267,301 4,071,410.524 ORDS - Ooredoo 6.73 6.78 6.59 7.00 1,220 6.75 6.714 5,827 6.75 6.750 +0.02 +0.30 1,204 3,560,998 23,787,178.20 QEWS - Electricity & Water 17.40 17.30 16.75 17.30 2,500 16.81 16.8 2,182 16.80 16.80 -0.60 -3.45 239 501,069 8,465,956.84 SIIS - Salam International 0.618 0.620 0.620 0.679 500,000 0.674 0.672 2,025,000 0.672 0.672 +0.054 +8.74 1,437 101,938,228 67,084,195.191 BLDN - Baladna 1.685 1.69 1.66 1.70 7,000 1.681 1.68 107,419 1.68 1.68 -0.00 -0.30 339 7,368,922 12,339,076.45 NLCS - National Leasing 1.247 1.245 1.221 1.245 7,504 1.234 1.23 74,775 1.234 1.234 -0.013 -1.04 159 4,971,284 6,111,213.450 QNNS - Qatar Navigation 7.35 7.35 7.35 7.74 850 7.599 7.55 17,290 7.55 7.55 +0.20 +2.72 99 403,429 3,002,269.52 MCGS - Medicare 9.199 9.11 8.94 9.19 4,499 9.15 9.03 3,000 9.15 9.150 -0.05 -0.53 179 329,694 2,983,492.38 QCFS - Cinema 3.85 3.80 3.80 3.80 2,890 3.798 3.601 4,145 3.80 0.00 -0.05 -1.30 2 17 64.60 QFLS - Qatar Fuel 17.18 17.00 16.70 17.00 11,044 17.0 16.85 5,000 17.00 17.00 -0.18 -1.05 494 399,502 6,746,967.79 WDAM - Widam 5.80 5.76 5.76 5.80 29,110 5.8 5.782 1,000 5.80 5.800 0.00 0.00 48 235,588 1,359,281.36 GWCS - Gulf warehousing Co 5.011 5.050 5.001 5.050 2,388 5.01 5.009 12,303 5.009 5.009 -0.002 -0.04 112 430,028 2,157,719.952 QGTS - Nakilat 3.19 3.18 3.18 3.22 38,971 3.21 3.205 10,000 3.21 3.210 +0.02 +0.63 228 1,718,218 5,503,044.85 DBIS - Dlala 1.712 1.70 1.66 1.73 25,745 1.72 1.715 203,000 1.72 1.720 +0.01 +0.47 164 2,921,125 4,959,399.94 BRES - Barwa 3.30 3.20 3.16 3.20 50,000 3.165 3.16 474,029 3.16 3.160 -0.14 -4.24 611 5,206,648 16,489,367.60 MCCS - Mannai Corp. 3.038 3.037 2.990 3.050 7,555 3.04 3.038 546 3.038 3.038 0.000 0.00 83 313,108 950,176.589 AHCS - Aamal 0.944 0.956 0.941 0.992 18,000 0.984 0.982 75,305 0.982 0.982 +0.038 +4.03 500 19,344,984 18,680,076.016 QOIS - Qatar Oman 0.907 0.90 0.89 0.91 95,500 0.906 0.9 633,658 0.90 0.900 -0.01 -0.77 179 7,146,871 6,444,895.88 ERES - Ezdan Holding 1.551 1.58 1.55 1.59 22,599 1.557 1.55 386,224 1.55 1.550 -0.00 -0.06 281 8,385,333 13,137,826.02 IHGS - Inma 4.987 5.05 4.85 5.05 16,208 4.87 4.862 11,389 4.87 4.870 -0.12 -2.35 107 594,965 2,918,367.01 GISS - Gulf International 1.501 1.501 1.490 1.513 42,702 1.508 1.5 300,154 1.508 1.508 +0.007 +0.47 129 4,043,867 6,066,674.706 MPHC - Mesaieed 1.901 1.90 1.90 1.92 10,000 1.921 1.92 9,000 1.92 1.920 +0.02 +1.00 280 3,844,369 7,348,891.42 IGRD - Investment Holding 0.718 0.720 0.708 0.789 167,066 0.785 0.782 380,000 0.785 0.785 +0.067 +9.33 2,039 210,461,076 158,498,037.563 VFQS - Vodafone Qatar 1.45 1.469 1.456 1.500 1,635,827 1.5 1.499 150,193 1.499 1.499 +0.049 +3.38 388 11,993,637 17,830,421.432 MERS - Al Meera 20.47 20.99 20.41 20.99 25,000 20.85 20.83 4,463 20.83 20.83 +0.36 +1.76 45 32,925 685,787.98 MRDS - Mazaya 1.21 1.210 1.190 1.211 180,190 1.207 1.202 17,815 1.207 1.207 -0.003 -0.25 169 4,635,125 5,569,390.511

QE INDICES SUMMARY QE MARKET SUMMARY COMPARISON WORLD STOCK INDICES EXCHANGE RATE

QE Index 10,117.84 +0.65 % 09-03-2021 Index Day’s Close Pt Chg Chg % Currency Selling (QAR) Buying (QAR) QE Total Return Index 19,900.40 +1.08 % Index 10,117.84 Dow Jones Industrial Average 32,074.56 +272.12 +0.86% US$ 3.6500 3.6305 Change +65.61 Australian Dollar AUD 2.87 2.8 QE Al Rayan Islamic Index - Price 2,345.40 +0.65 % S&P 500 3,901.90 +80.55 +2.11% Bangladeshi Taka BDT 0.047 0.043 % +0.65% Nasdaq Composite Index 13,133.59 +524.43 +4.16% QE Al Rayan Islamic Index 4,286.25 +1.20 % Canadian Dollar CAD 2.91 2.85 YTD% -3.05 FTSE 100 Index 6,730.34 +11.21 +0.17% QE All Share Index 3,189.97 +1.26 % Volume 463,119,439 Euro EUR 4.54.4 DAX Index 14,437.94 +57.03 +0.40% QE All Share Banks & Value (QAR) 653,984,750.80 Indian Rupee INR 0.052 0.05 CAC 40 Index 5,924.97 +21.98 +0.37% Trades 14,889 Japanese Yen JPY 0.0348 0.0341 Financial Services 4,127.32 +0.85 % Nepalese Rupee NPR 0.033 0.031 Up 28 | Down 18 | Unchanged 3 Nikkei Stock Average 225 29,027.94 +284.69 +0.99% QE All Share Industrials 3,307.00 +1.97 % Hang Seng Index 28,773.23 +232.40 +0.81% New Zealand Dollar NZD 2.65 2.55 08-03-2021 QE All Share Transportation 3,457.57 +1.38 % Shanghai Composite Index 3,359.29 -62.12 -1.82% Pakistani Rupee PKR 0.02326 0.02299 Index 10,052.23 Philippine Peso PHP 0.0785 0.076 QE All Share Real Estate 1,840.53 +0.34 % ASX All Ordinaries Index 7,000.40 +28.80 +0.41% Change +48.04 Pound Sterling GBP 5.2 5.08 QE All Share Insurance 2,486.73 +3.16 % % +0.48% South African Rand ZAR 0.243 0.235 QE All Share Telecoms 996.79 +1.18 % YTD% -3.68 GOLD AND SILVER Sri Lankan Rupee LKR 0.0197 0.0185 Volume 267,354,706 QE All Share Consumer GOLD QR209.00 per gramme Swedish Krona SEK 0.435 0.4 Value (QAR) 466,620,971.53 Goods & Services 7,941.78 +1.79 % Swiss Franc CHF 4.08 4 Trades 11,389 SILVER QR3.01 per gramme Turkish Lira TRY 0.54 0.49