BUSINESS Saturday 8 June 2019 PAGE | 15 PAGE | 16 TheThe $8bn property Customers’ tycoon who absolute delight helpedh shaped most important: Silicon Valley Bezos

Your Global Remittance Partner Currency TT Rate Currency TT Rate Currency TT Rate Currency TT Rate QAR/INR : 18.90 QAR/PHP : 14.10 QAR/LKR : 48.20 QAR/BDT : 23.10 EUR/QAR : 4.25 GBP/QAR : 4.78 CAD/QAR : 2.84 AUD/QAR : 2.70 CHF/QAR : 3.82 SGD/QAR : 2.75 KWD/QAR : 12.20 OMR/QAR : 9.55 MAIN BRANCH LULU HYPER MARKET SANAYYA (STREET 17) AL KHOR PH: 44441448 PH: 44650768 PH: 44510088 PH: 44213444 MATAR QADEEM MANSOURA - AL MEERA ABU HAMOUR BIN OMRAN - ALMEERA PH: 44655559 PH: 44357552 PH: 44621271 PH: 44162002 alzamanexchange www.alzamanexchange.com 44441448 France to ratify ‘positive’ EU-Canada trade pact AFP €590m ($665m) in customs that the definitive application of PARIS duties each year. CETA can happen in complete But rights activists say CETA accord with national require- President Emmanuel Macron said could weaken labour or environ- ments in terms of health and the yesterday that France would mental and health standards by environment,” Macron said. move to ratify a wide-ranging giving corporate interests too “The economic destabili- trade deal between the EU and much weight in determining sation that some in the agri- Canada despite criticism the pact industry regulations, while also culture sector feared hasn’t hap- gives excessive power to busi- encouraging nations to privatise pened, in particular with nesses while exposing many public services. Canadian meat imports, which smaller firms to unfair They also denounce a haven’t at all been as high as competition. dispute resolution framework some people feared,” he said. “The outcome from CETA that could expose governments Trudeau said Canada, which has been positive,” Macron said to lawsuits from firms who claim has ratified the accord, welcomed at a press conference with national laws unfairly impede Macron’s commitment as “very Canadian Prime Minister Justin their operations. Farmers mean- good news for France and Trudeau in Paris. while warn they could face huge Canada.” “We know that trade Most elements of the Com- imports of Canadian meat, deals, when they are sufficiently prehensive Economic and Trade cereals and other agricultural regulated, are beneficial,” he said. Agreement (CETA) came into products that would put their Several EU nations have yet effect in September 2018, though livelihoods at risk. to approve the text, however, only on a provisional basis while Macron rejected the claims, preventing it from coming fully several EU nations debate ratifi- saying the pact would be sub- into force. The Belgian gov- French President Emmanuel Macron (left ) with Canadian Prime Minister Justin Trudeau at the Elysee cation of the document. mitted to parliament this ernment had even asked the Palace in Paris, yesterday. The pact removes tariffs on summer. European Court of Justice to nearly all goods and services “Thanks to the measures weigh in on the so-called which claim their commercial effectively dissuade governments But on April 30, the court between Canada and Europe, taken by the government over the Investment Court System that rights are being infringed. Critics from pursuing stricter ruled the system was compatible which the EU says will eliminate past two years, we can guarantee would let firms sue companies say such a system would regulations. with EU law. Oil rises as Opec Elliott to buy Barnes & Noble for $475.8m

REUTERS efforts to pull in a more tech- not sustain the growth in a investment last year in Water- to extend output LONDON savvy audience with its Nook retail landscape dominated by stones, demonstrates our con- e-book reader failed to Amazon. viction that readers continue Barnes & Noble Inc said yes- compete with Amazon’s Kindle In 2014, Barnes & Noble to value the experience of a terday it would be bought by and other tablets. closed its New York Fifth great bookstore,” Paul Best, reduction deal hedge fund Elliott Management Elliot’s offer of $6.50 per Avenue store - once the world’s Elliott’s head of European Corp for $475.8m, marking the share, represented a premium largest bookstore - and has Private Equity said. REUTERS end of the once-dominant US of about 42 percent to Wednes- faced declining sales for at least While Daunt will lead both LONDON book retailer as a public day’s close, the day before the last three years. As of this companies, the two booksellers company after years of falling media reports of a potential January, it ran 627 retail stores. would still operate Oil prices rose yesterday, sales. transaction first surfaced. To help turnaround the independently. climbing further from five- Brent crude futures Shares in the United States’ Barnes & Noble has been company’s fortunes, Elliott is Daunt will take up the top month lows hit this week amid were up 60 cents at largest book-store chain closed exploring options for a buyout bringing in Chief Executive job, vacant since July 2018, fol- signs that Opec and other pro- $62.27 a barrel by up 30 percent on Thursday since at least last October, with Officer of British bookshop lowing the completion of the ducers could extend their output 1358 GMT. US West after reports of a potential deal multiple parties showing chain Waterstones, James transaction, expected in the reduction deal. surfaced, and rose another 11 interest including founder- Daunt, to take the helm at third quarter of 2019. Brent crude futures were up Texas Intermediate percent early yesterday. chairman Leonard Riggio. Barnes & Noble. Barnes & Noble fired 60 cents at $62.27 a barrel by (WTI) crude futures Listed on the New York Riggio acquired the flagship Barnes & Noble said Water- former CEO Demos Parneros 1358 GMT. US West Texas Inter- gained 59 cents to Stock Exchange since 1993, Barnes & Noble trade name in stones, which was bought by partly because of allegations mediate (WTI) crude futures Barnes & Noble has struggled 1970s, nearly a century after Elliott last year, has success- that he sexually harassed a gained 59 cents to $53.18. $53.18. to grow its business since the Charles Barnes started the fully restored itself to sales female employee and Oil prices jumped after arrival of Amazon.com Inc business in his Illinois home. growth and sustainable prof- attempted to “sabotage” a Saudi Energy Minister Khalid Al Hans van Cleef at ABN Amro turned the book sales market Riggio grew the business, itability under Daunt. potential sale. Falih told a conference in St bank. on its head. adding several retail stores “Our investment in Barnes Parneros, however, Petersburg, Russia, that $60 a However, demand sentiment Even the company’s recent across the country, but could & Noble, following our rejected the accusations. barrel was too low to encourage remains weak amid fresh signs of investment in the industry. a stalling global economy and an Crude later pared gains. intensifying trade war between Falih said he did not want to the United States and China. NASA to open boost Saudi production to make The United States has also up for a lower oil price and that a threatened to put tariffs on goods Space Station return to the price-crash envi- from its major trading partner ronment of 2014-15 was Mexico. to tourists unacceptable. Mexican and US officials held A deal by the Organization of a second day of talks on Thursday, from 2020 the Petroleum Exporting Coun- fuelling optimism a deal could be tries (Opec) and other producers, close, although it was unclear AFP including Russia, to reduce output whether Mexican pledges to curb NEW YORK by 1.2 million barrels per day (bpd) migration were enough to per- runs out at the end of this month. suade Washington to postpone The National Aeronautics and “On the Opec side, a rollover tariffs. Space Administration (NASA) is almost in the bag. The question “The weak economic data said yesterday it will open up the is to calibrate with non-Opec,” and widening trade conflict have International Space Station for Falih said. made for a gloomier demand tourism and other business ven- “I don’t think there will be a outlook. In response, we have tures as of next year, as it seeks need to deepen the cut... I’m revised our third-quarter forecast to financially disengage from the hoping it will be an easy decision for Brent down to $66 (previously orbiting research lab. and that we’ll roll over, but if it’s $73),” Commerzbank said in a “NASA is opening the Inter- not, we will be flexible in terms of note. national Space Station to com- our position.” Brent is heading for a third mercial opportunities and mar- Supply has also been limited week of declines, down more than keting these opportunities as by US sanctions on oil exports 3 percent. we’ve never done before,” NASA from Iran and Venezuela. On Wednesday, Brent and Russian-Chinese business forum chief financial officer Jeff DeWit “Supply related issues basi- WTI hit their lowest since mid- Chief Executive of Rosneft Igor Sechin (centre) and Russian Energy Minister Alexander Novak (right) said in New York. cally put a floor under oil prices. January at $59.45 and $50.60 attend a Russian-Chinese business forum on the sidelines of the St Petersburg International Economic There will be up to two short This floor is in line with the tech- respectively after US crude output Forum (SPIEF), Russia, yesterday. private astronaut missions per nical support zone of $58-60 a reached a record high and stock- year, said Robyn Gatens, deputy barrel in Brent oil prices,” said piles climbed. director of the ISS. SATURDAY 8 JUNE 2019 BUSINESS 15

US stocks surge as jobs miss gives Fed Gold heads for its best ‘another prod’ on interest rates hike week BLOOMBERG The S&P 500 jumped think that alongside the trade ten- which were never part of the Fed’s in a year NEW YORK 0.9 percent as of sions picking up and further signs mandate to begin with. That said, of domestic weakness, these are our historically low unem- 10:17 am in New York, BLOOMBERG Stocks surged as traders focused all things that challenge that ployment rate hasn’t moved, and poised for its biggest NEW YORK on the interest-rate implications stance. I’m not convinced yet that even though the number came in of a US labour market report that weekly gain since they’ll be ready to go as soon as low, we’re still creating jobs, which showed job creation trailed every November. Traders July. We still think that September supports the case that the economy Gold futures headed for estimate in May. Payrolls rose and strategists were is more likely. is still expanding.” their best week since 75,000 after a downwardly revised divided on how Ilya Feygin, senior strategist at Tony Bedikian, managing March of last year as 224,000 advance the prior month. WallachBeth Capital LLC, said:”The director at Citizens Bank:”Equities weaker-than-expected The S&P 500 jumped 0.9 seriously the Fed employment report was unques- are a little bit torn between pricing US jobs data underscored percent as of 10:17 am in New York, will take the second tionably much weaker and with in slower growth or looking at the mounting economic poised for its biggest weekly gain anaemic employment the 75,000 2-month downward positive side with a potential Fed concerns that have since November. Traders and influencing markets - it becomes revision, it is equivalent to zero ease. So I think you have a tug of revived demand for the strategists were divided on how report in four months. a reliance on it. The question is do jobs created. Average hourly war going on between those two metal as a haven. seriously the Federal Reserve will we go back to good news is bad earnings also soft, missing by 0.1 arguments, and I think that’s mired US employers last take the second anaemic in at expectations, do markets and bad is good?” percent. Sharply increases the equities in a little bit of a choppy month added the fewest employment report in four deteriorate because it reduces the James McCann (pictured), probability of a rate cut.” trading range that we’ll see over workers in three months months. chance of a Fed cut? If the numbers senior global economist at Mike Loewengart, vice-pres- the coming days or the near term. as wage gains cooled, a Kristine Hurley, institutional are actually worse fundamentally, Aberdeen Standard ident of investment strategy at But at the moment equities are government report yes- portfolio manager at Franklin do the markets cheer because it Investments:”This is a report that E*TRADE Financial Corp, said: focusing a little bit more on the terday showed. The Templeton, said:”What was inter- means there’s a Fed cut. That’s one provides the Fed another prod ”This is the type of read the doves potential of the Fed adding more dollar dropped and US esting leading into the of the difficult things of being so almost. It’s been in this patient will really take to, as it supports liquidity and easing, which histor- stock futures pared gains. announcement, there was a big deep in a cycle and having signif- stance and it’s been relatively the argument for cutting rates ically has been positive for the The figures add to question of if the numbers come icant central bank policy happy with that, but you have to beyond politics or trade issues, stock market.” evidence of widening economic fallout from the US-China trade war, which has helped boost Huawei executive’s gold by about 2.8 percent this week. Even before extradition hearings set Friday’s report, expecta- tions have been rising that the Federal Reserve for 2020 in Vancouver will ease monetary policy this year. Lower rates AFP electronic bracelet and surrender help make gold more MONTREAL her passports. competitive against Meng was not present for assets that offer interest. Hearings on whether a top official Thursday’s hearing. “Usually the reaction with Chinese telecoms giant Shortly after Meng’s arrest, would not be this rough, Huawei should be extradited to the which sparked a diplomatic crisis but investors are United States to face accusations between Ottawa and Beijing, China dropping the dollar index of violating Iran sanctions will arrested two Canadians - a former like a stone because of begin on January 20, 2020, a diplomat and a businessman - the concerns around the Vancouver judge decided under suspicion of espionage and trade war,” Naeem Thursday. sentenced two other Canadians to Aslam, chief market According to a timeline agreed death for drug trafficking. analyst at ThinkMarkets, upon by lawyers and accepted by China sees the whole affair as said in an emailed report. British Columbia’s provincial an attempt to undermine its “The initial reaction for supreme court, the five-day flagship telecoms company, the gold price has been hearing in the case of Huawei CFO though Prime Minister Justin towards upside, and Meng Wanzhou (pictured) will be Trudeau has insisted “we have overall investors are the first in a series of court proce- systems of justice that are inde- optimistic about the dures in the complex case, with an pendent from political interference current upward aim of wrapping up by October or and Canada will always defend momentum.” November 2020, court spokesman that.” Gold futures for Bruce Cohen told AFP. Justice Minister David Lametti The all-new Suzuki Gixxer SF 250 August delivery Meng, the daughter of Huawei will make any final decisions on advanced 0.4 percent to Suzuki Motorcycle Private Limited company head Koichiro Hirao (left), along with his vice- founder Ren Zhengfei, was US extradition -- a subject covered $1,347.70 an ounce at president Devashish Handa, gesture during the launch of the new Suzuki Gixxer SF 250 bike in arrested in Vancouver on by a treaty between the two coun- 8:41 am on the Comex in December 1, 2018 at the request tries. In a statement following Chennai, the capital city of the Southern Indian state of , yesterday. New York. of US authorities who want to put Thursday’s hearing, Huawei’s Vice her on trial on fraud charges for President of Communication Ben- allegedly violating Iran sanctions jamin Howes said, “Huawei stands and lying about it to US banks -- firmly with Ms. Meng in her pursuit Fitch downgrades Pemex debt rating to accusations that Meng’s lawyers of justice, and is confident that the dispute. She was released on a Canadian judicial system will CAN$10m (¤6.6m) bail several resolve this matter fairly and effi- junk, Moody’s awards negative outlook days later and required to wear an ciently, in favor of Ms. Meng.”

AFP (IDRs) to ‘BB+’ from ‘BBB-’. The “strong achievements” not seen in United States, its main trading Dollar poised for worst MEXICO CITY Rating Outlook is Negative” due many years, including fighting fuel partner, around the latter’s threats to Pemex’s approximately $80 theft and stabilizing oil production. to ramp up tariffs on vital exports weekly performance for 2019 The financial assessment agency billion of unpaid debt. “With the commitment and soli- it says is in response to an ongoing Fitch Ratings downgraded Mexico Pemex, which President darity of every worker of this great migration crisis between the two REUTERS/TOKYO state oil company Mexican Andres Manuel Lopez Obrador has company and with the dedicated countries. “We changed the Petroleum (Pemex) from BBB- to set out to save as it struggles with support of the government of the (Pemex) outlook to negative con- The dollar was under pressure on Friday and was poised for its BB+ Thursday, while Moody’s ongoing losses, is Mexico’s largest republic, we will continue dedi- sistent with the change in Mexico’s worst weekly performance for the year, as investors waited on a revised its outlook rating from public employer. The BB+ rating cating our efforts toward achieving outlook, given the critical impor- key US jobs report that is expected to back expectations for a near- stable to negative. is given to non-investment grade our goals and demonstrating, with tance of the government’s financial term Federal Reserve rate cut to support a slowing economy. BB+ is considered a junk and speculative bonds known as results, we are on the right track,” strength and support to PEMEX’s Not helping the US currency was the European Central Bank’s rating because of the struggling “junk bonds” - they have a high the statment said. Baa3 ratings,” Pete Speer, Moody’s policy review on Thursday where it refrained from hinting at an company’s heightened risk of not risk of default but offer a high prof- Fitch downgraded Mexico’s senior vice president, said in a interest rate cut and instead pushed back the timing of its first rake paying its debt. itability to compensate. sovereign credit rating from BBB+ statement. hike since the 2008 financial crisis. In a statement Fitch said, In a statement Thursday, to BBB Wednesday, while Moody’s And Fitch said that Pemex’s Market participants’ immediate focus was on the US non-farm “Fitch Ratings has downgraded Pemex called Fitch’s new rating changed its rating for the country negative outlook “reflects the payrolls data for May due later on Friday, and early signs weren’t Petroleos Mexicanos’ (PEMEX) “excessively severe.” The company from “stable” to “negative.” potential for further deterioration good with hiring expected to have dropped in a boost to rate doves Long-Term Foreign and Local defended its record over the last The changes come amid ten- of the company’s stand-alone and dollar bears. Currency Issuer Default Ratings six months, saying it had made sions between Mexico and the credit profile.” The $8bn property tycoon who helped shape Silicon Valley

BLOOMBERG day-to-day operations in 1997 a generally declining cap rate rents were 10 cents or less per a large number of single-tenant LONDON before Rob Hollister became the environment), we were able to month. Today we have the same buildings allowed us to survive the first non-family member to run borrow much of our original costs. land selling for over $100 a square downturns or when a few of our John A Sobrato (pictured) may be the property arm in 2013. Today, This provided the capital to build foot, building costs of $300 or tenants went broke. Also, because the richest person in Silicon Valley the Sobrato Organization encom- more buildings for our loyal more per square foot. Rents are we generally leased to larger com- not to have made his money from passes the real estate and devel- tenants as well as to diversify into $3 to $5 a square foot depending panies, they were less likely to go technology. The real estate opment unit, the investment arm other assets, such as public and on the location and the amount of under than the startups during the developer and his family have Sobrato Capital and Sobrato private equities. In the 1970s we tenant improvements funded by tough times. built an $8bn fortune developing Philanthropies. were able to build a whole series the developer. Where are you building now? commercial properties in Amer- In an interview conducted by of buildings or campuses for our How did you survive the Our current efforts are focused ica’s tech hub since the 1960s. email, Sobrato spoke of how he’s emerging high-tech companies. busts? on how our projects can be both Tenants have included Apple Inc, survived the region’s booms and How did you benefit from We concentrated on large profitable and address some of the Amazon.com Inc and Netflix Inc. busts, how his family has donated Silicon Valley’s booms? single-tenant buildings, which still critical issues facing our region. In Sobrato, 80, started out $550m to charity since 1996 and developed in the late 1960s. When No doubt I was in the right make up a large portion of our real that regard, our large-scale devel- working with his mother, building the backstory to his personalized we have sold, we have generally place at the right time. In the estate portfolio. These can be very opments are nearly all mixed use a 14,000-square-foot property for license plates. Comments have traded into new real estate devel- 1960s, we paid $1 to $2 a square risky with the possibility that a with both residential and office Lockheed Corp in 1961. A year been edited and condensed. opment opportunities. With foot for well-located land with tenant might go broke, which space. Combining the two reduces later, he teamed up with local What’s your approach to real inflation and increasing rents sup- infrastructure in place to accom- some did. Fortunately, Carl Berg traffic, increases sustainability, broker Carl Berg before striking estate? ported by the tremendous and modate a tilt-up building. Our and I had about 80 such buildings and helps offset the housing out on his own in 1979. His son, I had a philosophy of rarely rapid growth of the high-tech building costs were under $10 a before we split our properties in affordability issues created by job John M Sobrato, took over selling. We still own buildings I companies (together with square foot and monthly shell 1979. Having long-term leases on growth in the area. 16 BUSINESS SATURDAY 8 JUNE 2019 US payrolls and wages cool as trade war weighs on economy

BLOOMBERG to proposed higher levies on Chinese St. Louis Fed President James WASHINGTON imports. Retail sales, Bullard, who votes on policy this factory output and home pur- year, this week became the first US employers added the fewest chases have shown the economy official to indicate likely support for workers in three months and wage struggling this quarter after better- a rate cut; others suggested they’re gains cooled, suggesting broader than-expected growth in the first waiting for more data. economic weakness and boosting three months of the year. As the world’s largest economy expectations for a Federal Reserve “It definitely looks like we’ve nears its longest-ever expansion employment expanded by 4,000, interest-rate cut as President Donald downshifted in the pace of job in July, the employment report may down from the prior month. Profes- Trump’s trade policies weigh on growth,” said Michael Feroli (pic- amplify rhetoric that Fed rate cuts sional and business services added growth. tured), chief US economist for are needed to support growth. 33,000, about half the prior month’s Nonfarm payrolls rose 75,000 JPMorgan Chase & Co “Overall it’s a Revisions subtracted 75,000 jobs number. in May after a downwardly revised disheartening report particularly from the prior two months, bringing Retail jobs fell by 7,600 for a 224,000 advance the prior month, since you may have some trade the three-month average to 151,000. fourth-straight drop while transpor- according to a Labor Department effects there, but a lot of the trade “The disappointing payroll result tation and warehousing and nondu- report yesterday. The increase tensions escalated” since the ref- suggests uncertainty surrounding rable goods also slipped. Gov- missed all estimates in Bloomberg’s erence period for the Labor Depart- trade tensions are starting to extract ernment payrolls contracted by survey calling for 175,000. The ment’s surveys in the middle of the a larger toll on the domestic 15,000, highlighted by drops in state jobless rate held at a 49-year low of month, he said. economy. The payroll diffusion and local education. 3.6 percent while average hourly Stocks jumped as traders index, a measure of the breadth of Kevin Hassett, the departing earnings climbed 3.1 percent from a focused on the interest-rate impli- hiring in the labor market, also chairman of Trump’s Council of Eco- year earlier, less than projected. cations of the report. Fed funds worsened, sending an additional nomic Advisers, said on CNBC that The dollar and Treasury yields futures showed a quarter-point cut warning that tariffs are hindering job the report was disappointing but fell as the data signaled the labor almost fully priced in for July. creation,” said Eliza Winger, wage gains mean the economic market -- a pillar of strength for an Fed policy makers have associate outlook is still solid. Flooding in the economy headed for a record described the economy as solid, Payroll changes by industry central US may have reduced the expansion -- was facing new pres- though recent remarks from showed broad weakness. Manufac- May payroll number by 40,000 jobs, sures even before Trump threatened Chairman Jerome Powell signaled turing growth slowed to 3,000 jobs, Hassett said on Bloomberg tariffs on Mexican goods in addition openness to lower rates if needed. as forecast, while construction Television. Customers’ absolute delight most important: Bezos

BLOOMBERG product, even if that means between baseball and business, is LONDON losing money. The company now that the maximum runs you can also has 100 million paid sub- get when at bat is four, and some- The world’s richest man has some scribers to its Prime membership times, in business, a success will advice for budding entrepre- offering. yield 1,000 runs. neurs: Never forget about the cus- Bezos also said that entrepre- He said: “The way that prob- tomer, and feel comfortable with neurs need to prepare for failure, ability distribution is, you should getting things wrong. hinting that bold moves need to be swinging hard. You are going The founder and CEO of be made to get ahead. “You’ve to fail a lot, and it’s OK, and you Amazon.com Inc. Jeff Bezos (pic- gotta accept that your business is need to have a culture that sup- tured) was speaking during a going to be in many ways an ports that.” keynote at the company’s re:MARS experiment, and it might fail,” he It’s not a good idea to get conference in Las Vegas on June said. “That’s OK. That’s what risk involved in a business unless you 6 when he was asked to share tips is.” really believe in the project oth- for anyone looking to start a The Amazon CEO referenced erwise it’ll be tough to compete business. the metaphor that if you swing for against your rivals, according to “The most important thing is the fences in baseball, you’re Bezos. “You have got to have to be customer obsessed,” them.” Amazon has won over going to hit some home runs-but some passion for the arena that Bezos told the audience. “Figure customers by historically you’ll also strike out a lot. you’re going to develop and work out how to absolutely delight offering the lowest price on a The difference, he said, in,” he said.

CROSSWORD MALL ROYAL PLAZA

Kolaigaran (2D/Tamil) 10:15am & 11:45pm Aladdin (2D/Comedy) 10:00am, 2:45 & 5:00pm Virus (2D/Malayalam) 10:30am; The Secret Life of Pets (2D/Action) 12:15, 2:00 & 4:00pm Bharat (2D/Hindi) 10:00, 1:00, 4:00 & 9:00pm Virus (2D/Malayalam) 12:00pm; The Secret Life of Pets (2D/Action) 1:30, 3:30 & Bharat (2D/Hindi) 10:00am, 1:00, 4:00, 8:15 & 11:15pm 5:15pm; Aladdin (2D/Comedy) 12:30, 2:45, 5:00 & X-Men: Dark Phoenix (2D/Action) 7:00pm 7:00pm, X-Men: Dark Phoenix (2D/Action) 7:00pm Godzilla II: King Of The Monsters (2D/Action) 5:45 & 9:00pm John Wick 3: Parabellum (2D/Action) 7:15pm; Casablanca (2D/Arabic) 7:15 & 11:30pm Godzilla II: King Of The Monsters (2D/Action) 9:15 & John Wick 3: Parabellum (2D/Action) 9:15pm 11:30pm; Casablanca (2D/Arabic) 9:30pm; Kolaigaran (2D/Tamil) 10:00am & 11:30pm LANDMARK

Aladdin (2D/Comedy) 1:00, 3:00 & 5:15pm ROXY Bharat (2D/Hindi) 10:00am, 12:15, 3:15, 8:15 & 11:15pm The Secret Life of Pets (2D/Action) 1:15, 3:30 & 5:15pm Bharat (2D/Hindi) 10:30, 1:40, 4:50, 8:00 & 11:10pm X-Men: Dark Phoenix (2D/Action) 6:15pm Casablanca (2D/Arabic) 4:20, 7:15 & 8:00pm Godzilla II: King Of The Monsters (2D/Action) 7:00 Godzilla Ii: King Of The Monsters (2D/Action) 5:00, 7:45, 9:15 & 11:30pm; Kolaigaran (2D/Tamil) 10:15 & 11:00, 1:45, 4:30, 9:30, 11:00, 11:40 & 0:20am 11:45pm; Casablanca (2D/Arabic) 7:30pm John Wick 3: Parabellum (2D/Action) 1:40, 2:10, 6:40, 9:20, John Wick 3: Parabellum (2D/Action) 9:30pm 10:30, 11:00pm & 12:00am Virus (2D/Malayalam) 10:15am & 1:15 pm; X-Men: Dark Phoenix (2D/Action) 11:00, 10:20, 4:50, 1:40, Wrong No. 2 (2D/Urdu) 11:30pm 8;30 & 11:40PM The Secret Life of Pets (2D/Action) 10:30,12:30, 2:30, 4:30 FLIK Mirqab Mall & 6:30pm Aladdin (2D/Comedy) 1:30, 3:40, 7:20, 6:00, 9:15 & 10:40pm Bharat (2D/Hindi) 10:40pm AL KHOR X-Men: Dark Phoenix (2D/Action) 11:45, 2:00, 4:20,6:40, 9:00, 11:20pm Bharat (2D/Hindi) 10:00am, 1:00, 4:00, 7:00, 10:00pm Godzilla Ii: King Of The Monsters (2D/Action) 10:50, & 1:00am 2:10, 4:50 & 7;30pm John Wick 3: Parabellum (2D/Action) 11:20, 8:10, Godzilla II: King Of The Monsters (2D/Action) 10:00am, 2;20, 7:00 & 0:05; 3:30, 9:00pm & 2:30am; Children’s Park (2D/ The Secret Life of Pets (2D/Action) 9:55am, 11:00, Malayalam) 11:15am & 5:15pm 12:15, 12:50, 1:50, 4:05, 6:15, 5:10, & 3:00pm John Wick 3: Parabellum (2D/Action) 12:45, 6:15 & Yesterday’s answer 11:45pm; ASIAN TOWN Virus (2D/Malayalam) 2:15, 8:15pm & 1:30am Bharat (2D/Hindi) 12:00, 3:00, 5:15, 6:00, 9:00, Kolaigaran (2D/Tamil) 11:15pm 11:00pm, 12:00 & 3:00am Virus (2D/Malayalam) 12:00, 2:45, 5;30, 8:15, 11:00pm & 1:45am; Ishq (2D/Malayalam) 12:00pm; Kolaigaran (2D/Tamil) 12:00, 4:45 & 9:30pm NGK (2D/Tamil) 2:30pm; Children’s Park (2D/ Malayalam) 2:00, 6:45, 11:30pm & 2:00am Note: Programme is subject to change without prior notice.

KOLAIGARAN

Kolaigaran ( transl. Murderer) is a Tamil action thriller film directed by Andrew Louis. The film stars , Vijay Antony and Ashima Narwal in the main lead roles