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Page 01 June 17.Indd ISO 9001:2008 CERTIFIED NEWSPAPER Home | 3 Business | 17 Sport | 28 Smartphones, Commercial plane Dolgopolov tablets will also order slows down shocks Nadal serve as remote as jetmakers in first round at control for TV sets. focus on backlog. Queen’s. WEDNESDAY 17 JUNE 2015 • 30 Shaaban 1436 • Volume 20 Number 6464 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Qatar has third Laid-off workers left in lurch highest density of millionaires Expats turn to embassies for help as energy sector continues downsizing DOHA: Qatar has the world’s third-highest density of mil- DOHA: A large number of school. In almost everyone’s case company. “Obviously, we can’t Philippine embassy and com- A bank gives clearance only lionaires with 116 of every 1,000 expatriates have lost jobs in the loss of employment was sud- help them in any way except munity sources claim many when it has nothing to receive households holding over $1m layoffs in the energy sector due den and shocking. “I was handed urge some influential commu- Filipinos employed in the energy from a customer. in private wealth, according to to massive restructuring some this letter of dismissal literally nity members to help them get sector have suddenly lost jobs People who have taken loans The Boston Consulting Group say has nothing to do with the out of the blue,” said a person substitute employment,” said a and having to repay bank loans, cannot hope to get a clearance (BCG). falling world oil prices. not wanting to be identified by source. are looking for new, suitable letter from their banks unless The BCG’s ‘Global Wealth Many expatriates are left name or nationality. Sources cited a fellow employment. they have repaid loans. 2015: Winning the Growth Game’ struggling, desperately looking The suffering people are of Indonesian who came here to Also, several Filipinos, Indians, However, being fair, the oil report released yesterday noted for new employment, as they different nationalities, including work in the energy sector two Indonesians and others are sad- company has given time to those the highest density of millionaires have taken huge bank loans and Indians, Filipinos, Indonesians years ago. dled with police cases because laid off to look for new employ- in the world was in Switzerland, must repay them if they must and Arabs, to name a few. “His family joined him some they are unable to maintain loan ment, and as rules demand, followed by Bahrain and Qatar. travel back home for good. Indonesian embassy sources five months back, and now that repayments. has informed the banks about Last year, in Qatar, 86 of every The problem is a vast majority confirmed that many compa- he has lost job, it’s a disaster. It’s A leading energy company employees’ dismissal after trans- 1,000 households had private of these workers, being profes- triots with bank loans to repay a tragic situation for him and his isn’t giving exit permit to its ferring their end-of-service ben- wealth above $100m. sionals who had plush jobs, have were approaching them for help family. They are stuck here due employees who cannot provide efits to their bank accounts. And in 2013, Qatar ranked No. been living here with families in getting another job after hav- to an unpaid bank loan. Plus, his clearance from banks where THE PENINSULA 1 in the world by proportion of with most having children in ing been retrenched by an energy children are in school.” their salaries were transferred. Continued on page 4 millionaire households. Based on BCG’s study, private wealth in Qatar grew by 6.5 percent last Fleeing to safety year, driven mainly by equities. One-month Yemen Between 2013 and 2014, wealth Ramadan begins tomorrow held in equities rose by 10.9 per- DOHA: Wednesday, June 17, will be the last day of Shaaban and cent compared with 4.6 percent truce agreed, Thursday, June 18, the first day of Ramadan, the Crescent Sighting for bonds and 3.9 percent for cash Committee at the Ministry of Endowments and Islamic Affairs and deposits. THE PENINSULA but no deal yet said in a statement yesterday. The announcement follows a panel Continued on page 4 GENEVA: A Yemeni delegate meeting. to UN peace talks yesterday said all sides agreed that there Qatar Airways chief blasts ILO mu s t b e a c e a s efi r e t o h a lt ne a rly three months of bloodshed, but PARIS: Qatar Airways (QA)Chief Executive Akbar Al Baker yes- Ramadan no deal has been reached yet. terday accused International Labour Organisation (ILO) of hav- QUIZ Ghaleb Al Mutlak, from the ing a “vendetta” against Qatar and its state carrier after the UN Answer a Simple Question southern separatist movement, agency called for it to stop discriminating against female staff. Win a Gold Coin everyday said the proposed ceasefire would ILO published a report on Saturday detailing its recommendations From Tomorrow be for one month to stop fighting, to Qatar on how the airline should change its employment rules to end including air strikes by the Saudi- discrimination. Full report on page 3 led coalition. “We’re in agreement about the need for a ceasefire, but Palestinian govt to quit in 24 hours we’re discussing details. It seems there is a readiness on behalf of all RAMALLAH: Palestinian President Mahmoud Abbas yester- parties, including Saudi Arabia,” day said the Ramallah-based government would resign within 24 he said after Iran-backed Houthi hours. He was speaking to members of the Revolutionary Council rebels held their first talks with Residents flee Maskana town in the Aleppo countryside to the Turkish of his Fatah movement in Ramallah, according to senior officials UN special envoy Ismail Ould border after fighting in Tel Abyad town, Raqqa governorate, yesterday. who attended the meeting. Earlier, the council’s Secretary-General Cheikh Ahmed. AGENCIES See also page 10 Amin Maqbul said the government would step down over its inabil- From Tomorrow See also page 7 ity to act in the Gaza Strip. See also page 7 WEDNESDAY 17 JUNE 2015 HOME 02 www.thepeninsulaqatar.com Kahramaa in deal on energy conservation DOHA: Amlak, the Qatari implementing initiatives on benefit from insights provided holding company which man- related to regulations, standards, by Tarsheed, and implement suc- ages a portfolio of assets, has laws, social awareness, and renew- cessful sustainability models in our signed a memorandum of under- able energy technology, and col- organisation and its entities.” standing (MoU) with Qatar laborating with authorities.” Amlak and Kahramaa will join General Electricity and Water Ali M Al Ali, Manager, together on projects to promote Corporation (Kahramaa), Customer Services, Conservation energy efficiency, environmental through the National Programme and Energy Efficiency, Kahramaa, protection and energy consump- for Conservation and Energy said: “Collaboration with Amlak tion conservation. Efficiency, ‘Tarsheed’. and Tarsheed provides an excel- Under Tarsheed, a new award It aims to strengthen both sides’ lent opportunity for both entities category will be announced later common interest in preserving to raise the bar when it comes to this year. Tarsheed will also host natural resources, particularly efficient energy use in the tourism events related to the award at conservation and efficient use of sector; one of our goals to achieve Qatar National Convention Centre water and electricity in the tour- a 35 percent reduction in water (QNCC), which is operated by ism industry for economic and and 20 percent in electricity use Amlak. social benefits of present and per person. We are following the Both sides will form a commit- future generations. best practice standards of devel- tee to provide technical solutions, Essa bin Hilal Al Kuwari, oped countries that are adopting conduct energy audits and educate President, Kahramaa, said: “We and implementing green tourism industries to become more energy are committed to providing the systems.” efficient. Kahramaa will engage highest levels of care for the Abdul Aziz Al Emadi, CEO, Tarsheed to develop training pro- country’s wealth, resources, and Amlak, said: “It is a necessity for grammes on energy efficiency sustainability without negatively us to be associated with Kahramaa. practices for the Amlak operations affecting the environment, which As a responsible Qatari business team at QNCC. is a main pillar of sustainability in with sustainability at the core In recognition of its sustain- Qatar’s national agenda. of our operations, the MoU will ability accomplishments, QNCC “Kahramaa, through Tarsheed, enable us to further increase our was presented with the Best has implemented conserva- role in protecting the environment Conserving Building Award by tion, energy and water effi- for our children and the future Tarsheed earlier this year. ciency projects by adopting and generations. Our colleagues will THE PENINSULA Sale of Qetaifan villas for Qataris launched DOHA: Lusail Real Estate Development Company environment. The islands, designed to maximise views has announced the launch of the second stage of to the magnificent waterfront, include a marina that luxury villa sales at Qetaifan Islands. hosts some of the most exclusive beaches and marvel- The villas will be sold to Qataris through a public lous yachts. offering system whereby buyers will be drawn from The islands will be connected through pedestrian a pool of applicants. The offering will be organised in bridges and will feature traditional souqs, reflect- cooperation with authorities. The company will set up ing Qatar’s cultural heritage. The souqs will offer a booth at Sheraton Hotel over three days from June exclusive shopping experience to visitors who will 22 to brief potential clients on the project.
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