DOCSLIB.ORG

Real Insights Qatar H1 2019.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Real Insights Qatar H1 2019.Pdf Real Insights Qatar 10 | Real insights Qatar Real estate rental market in Qatar is becoming more tenant-favorable H1 2019 November 2019 home.kpmg/qa Market Highlights Commercial Office Residential Sector Sector 10 | Real insights Qatar 2 percent 3.6 percent Rental decline in H1 2019 Rental decline in H1 2019 Smaller suites and serviced office Vacancy levels in catchments catering space are witnessing an uptick in to affordable segment, especially, in demand as they become more the south of Doha has seen an affordable. upward trend. The premium locations can be seen receiving positive demand due to increasing affordability and price corrections. Retail Hospitality I c e C r Sector e Sector a m 2 percent 5.7 percent Rental decline in H1 2019 Increase in total number of visitor arrivals to Qatar in H1 2019 The high-end malls of Qatar are compared to H1 2018 receiving active demand from luxury retailers, resulting in stable Average Room Rate across hotels outlook on the retail rental sector. and hotel apartments experienced a marginal decline in H1 2019, while Occupancy and RevPAR observed an overall increase. Commercial office sector 10 | Real insights Qatar Vacancy rate in the major commercial districts of Doha have been increasing as new supply KPMG - Office Rental Index (K-ORI) comes online and demand continues to remain subdued. According to KPMG’s –Office Rental 120.0 Index (K-ORI), the overall office rentals in Qatar witnessed a further drop from 78 index points 100.0 in Q2 2018 to 72.0 index points in Q2 2019. 99.2 97.9 100.0 95.8 91.6 The initial two quarters of 2019 witnessed a 88.7 86.5 marginal drop of 2 percent in the rental index 84.2 81.7 compared to a 5 percent drop during the last 78.0 76.9 two quarters of 2018. This is because landlords 80.0 73.7 72.7 72.0 do not necessarily see increase in demand for any further reduction in the rentals. Turnkey developments, particularly, smaller 60.0 suites and serviced office space are witnessing Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 an uptick in demand as they become more 2016 2017 2018 2019 affordable and many businesses can be seen Source: KPMG Qatar Real estate Rental Index Q2 2019 relocating in search of better deals. Estimated current stock and future supply Tenants can be seen negotiating further on the (2016 E – 2020 F) lease terms, particularly, for ‘bare shell and core’ office space. This has resulted in owners agreeing to provide fit-out based on the 5.15 tenant’s requirement, but on the 5.05 understanding that the tenant guarantee a lock-in period. Such discussions were observed 4.91 primarily for large space commitments. 4.55 Commercial office supply 4.00 The total leasable stock is estimated to touch 5.0 million sqm by end of 2019, with grade A office buildings constituting to approximately GLA (sqm millions) in GLA 50 percent of the total commercial office developments in Qatar. 2016 E 2017 E 2018 E 2019 F 2020 F Source: KPMG Market Research and Assessment Lower than expected levels of office supply was delivered, which could be attributed to delays in construction. Smaller suites and serviced office space are witnessing an uptick in demand as they become more affordable and many businesses can be seen relocating in search of better deals. Going forward, with the government introducing initiatives such as 100 percent FDI in several sectors, we expect demand for office space, especially the smaller suites to strengthen over the middle term. Source: KPMG Qatar Real estate Rental Index Q2 2019 E - Estimate F - Forecast Central business district The central business district in Qatar comprises of West Bay, which is predominantly a Grade-A office location and ~1.60 the latest entrant, Msheireb Downtown Doha, Estimated mn sqm which is nearing completion and has started current stock the leasing activity . West Bay As of H1 2019, the total Grade A office stock in West Bay is estimated at over 1.60 million sqm. Future supply in the form of QP District, QIMC Tower and Burj Al Mana Tower will increase total supply in the district to more than 1.70 million sqm by 2020. Average occupancy KPMG estimates the overall occupancy across across the West Bay micro-market to be in the range 60% of 55 - 60 percent with a vacant stock of West Bay approximately 0.64 million sqm. Average asking office rentals in the West Bay micro- market range from QAR 95 to 130 per sqm per month for larger units and QAR 140 to 160 per sqm per month for smaller units. Msheireb Downtown Doha is more than 90 percent complete and expected to be ready by 2020. The development has actively started leasing the office spaces in 17 commercial buildings adding up to 193,000 sqm of 95 - 160 commercial office space with the monthly Monthly asking rentals in the range of QAR 125 to QAR 150 rentals QAR/sqm per sqm per month. West Bay Leasing activity in the central business district of Doha continues to remain subdued. The Median asking rentals for central business districts reduced rentals and attractive incentives are (QAR per sqm) generating new demand for turnkey developments such as smaller suites and serviced office space in West Bay. West Bay We have also noticed landlords offering 2 – 3 months rent free period and providing fit-outs based on the tenant’s requirement, typically, Msheireb Downtown Doha for longer lease commitments. H2 2018 saw Gulf Drilling International Ltd 70 110 150 190 relocating its operations to Gate Mall (Tower-3) and Qatar Gas occupied few floors in Gate Mall (Tower-2). Source: KPMG Market Research and Assessment Msheireb Properties announced the moving of QNB to Msheireb Downtown Doha. Secondary business districts Most of the developments in the secondary business districts (SBD) of Qatar lean heavily Average towards the Grade B category with few Grade occupancy A office developments concentrated in Al across SBD Sadd. 60% H1 2019 saw addition of approximately 35,000 sqm of office spaces largely in the form of multi-tenant buildings offering small to medium unit sizes, along with the option to lease entire buildings. As of H1 2019, occupancy levels in secondary business districts ranged between 60 - 65 percent. The overall decline in rentals in the prime 75 - 110 commercial district, West Bay, has impacted Monthly asking the demand for office spaces in the secondary QAR/sqm business districts. However, there has been a rentals SBD marginal uptick in the absorption especially by local firms and small players opting for office space in these areas. Developments offering Median asking rentals for secondary business districts mixed-use components are witnessing a surge (QAR per sqm) with health and fitness providers and shopping centers generally leasing larger space. Rentals in these areas have experienced a C Ring Road/Al Sadd decline by approximately 8 percent between H1 2018 and H1 2019 and is expected to Old Salata maintain this trend over the short to middle term. As per our research, a majority of recent office B Ring Road leasing transactions reflect monthly rentals from QAR 75 to QAR 110 per sqm per month, along with attractive incentives of rent-free Airport Road periods ranging between 3 to 6 months plus fit-outs, typically for large space commitments and longer lease periods. D Ring Road Salwa Road 70 80 90 100 110 Source: KPMG Market Research and Assessment Peripheral business districts The peripheral business districts (PBD) in Qatar primarily comprises of Lusail and Al Wakra micro markets. Average occupancy H1 2019 experienced new additions to Qatar’s office supply, predominantly, in the across PBD form of Grade A commercial office buildings. 45% Lusail City led the way with launch of Grade A office buildings in Marina District and Energy City. In H1 2019, Lusail’s Marina District added approximately 125,000 sqm of Grade A commercial office space. Occupancy levels average between 40 to 45 percent and the asking monthly rentals are in the range of QAR 90 to QAR 100 per sqm along with 70 - 100 incentives such as 3 -6 months rent free period Monthly asking QAR/sqm Al Wakra, located towards the south of Doha, rentals PBD is predominantly a Grade B commercial office location. The location typically offers office space of smaller floor plates and witnessed a drop in the overall rentals by around 10 Median asking rentals for peripheral business districts percent between H1 2018 and H1 2019. Asking rentals are in the range of QAR 70 to (QAR per sqm) QAR 80 per sqm per month with overall occupancy dropping to 60 percent from 70 percent as recorded in H1 2018. Al Wakra In a latest development, Ezdan Real Estate launched a new promotional campaign offering 15-month rent-free on 500 Lusail commercial units at Ezdan Oasis, in Al Wukair, targeting primarily small and medium-sized enterprises in Qatar. 60 70 80 90 100 110 Source: KPMG Market Research and Assessment Major transactions Lusail experienced a sale of an under- construction mixed-use development having NOTE: commercial and retail component for an – Rental rates for commercial office space across all business districts vary amount of QAR 26.5 million. The building is depending on the size, location, visibility, fit-outs (core shell, furnished suites, semi furnished suites etc) and other related factors. being built on a plot area of 4,000 sqm. – Currently, Lusail is being considered under peripheral business district, however, going forward as the market matures it will be a part of the central Al Dafna experienced a commercial office business district.
Load more

Recommended publications
  • Name Cuisine Address Timings Phone Number Category
    NAME CUISINE ADDRESS TIMINGS PHONE NUMBER CATEGORY AKBAR RESTAURANT (SWISS- 16th Floor, Swiss-Belhotel, JaBr Bin 5 PM to 12 Midnight (Mon, BELHOTEL) INDIAN,MUGHLAI Mohamed Street, Al Salata, Doha Tue, Wed, Thu, Sat, Sun)... 44774248 Medium ANJAPPAR CHETTINAD 11 a.m .till 11:30 p.m.(Mon- RESTAURANT INDIAN Building 16, Barwa Village, Doha Sun) 44872266 Medium Beside Al Mushri Company, Near ANJAPPAR CHETTINAD Jaidah Flyover, Al Khaleej Street, 11:30 a.m .till 11:30 p.m.(Mon- RESTAURANT INDIAN MusheireB, Doha Sun) 44279833 Medium 12 Noon to 11 PM (Mon- Food Court, Villaggio, Al WaaB, Doha & Wed),12 Noon to 11:30 PM 44517867/44529028 ASHA'S INDIAN AL Gharafa (Thu... 44529029 Medium Beside MoBile 1 Center, Old Airport 6 AM to 11:30 PM (Mon, Tue, ASIANA INDIAN Road, Al Hilal, Doha Wed, Thu, Sat, Sun), 12... 44626600 Medium Near Jaidah Flyover, Al Khaleej Street, 7 AM to 3 PM, 6 PM to 11 PM BHARATH VASANTA BHAVAN SOUTH INDIAN/NORTH INDIAN Fereej Bin Mahmoud, Doha (Mon-Sun) 44439955 Budget Opposite Nissan Service Center, Pearl RoundaBout, Al Wakrah Main Street, Al 11:30 AM to 11:30 PM (Mon, BIRYANI HUT INDIAN Wakrah, Doha Tue, Wed, Sat, Sun)... 44641401/33668172 Budget BOLLYWOOED LOUNGE & Mezzanine, Plaza Inn Doha, Al Meena Closed (Mon),12 Noon to 3 RESTAURANT (PLAZA INN) INDIAN Street, Al Souq, Doha PM, 7 PM to 11 PM (Tue-Sun) 44221111/44221116 Medium Ground Floor, Radisson Blu Hotel, BOMBAY BALTI (RADISSON BLU) INDIAN Salwa Road, Al Muntazah, Doha 6 PM to 11 PM (Mon-Sun) 44281555 High-End Opposite The Open Theatre, Katara Closed (Mon, Tue, Wed, Sun), BOMBAY CHAAT INDIAN STREET FOOD Cultural Village, Katara, Doha 4 PM to 11 PM (Thu-Sat) 44080808 Budget Beside Family Food Center, Old Airport BOMBAY CHOWPATTY-I INDIAN STREET FOOD Road, Old Airport Area, Doha 24 Hours (Mon-Sun) 44622100 Budget Near Al Meera, Aasim Bin Omar Street, 5 AM to 12:30 AM (Mon, Tue, BOMBAY CHOWPATTY-II INDIAN STREET FOOD Al Mansoura, Doha Wed, Thu, Sat, Sun), 7..
    [Show full text]
  • 1 Population 2019 السكان
    !_ اﻻحصاءات السكانية واﻻجتماعية FIRST SECTION POPULATION AND SOCIAL STATISTICS !+ الســكان CHAPTER I POPULATION السكان POPULATION يعتﺮ حجم السكان وتوزيعاته املختلفة وال يعكسها Population size and its distribution as reflected by age and sex structures and geographical الﺮكيب النوي والعمري والتوزيع الجغراي من أهم البيانات distribution, are essential data for the setting up of اﻻحصائية ال يعتمد علا ي التخطيط للتنمية .socio - economic development plans اﻻقتصادية واﻻجتماعية . يحتوى هذا الفصل عى بيانات تتعلق بحجم وتوزيع السكان This Chapter contains data related to size and distribution of population by age groups, sex as well حسب ا ل ن وع وفئات العمر بكل بلدية وكذلك الكثافة as population density per zone and municipality as السكانية لكل بلدية ومنطقة كما عكسا نتائج التعداد ,given by The Simplified Census of Population Housing & Establishments, April 2015. املبسط للسكان واملساكن واملنشآت، أبريل ٢٠١٥ The source of information presented in this chapter مصدر بيانات هذا الفصل التعداد املبسط للسكان is The Simplified Population, Housing & واملساكن واملنشآت، أبريل ٢٠١٥ مقارنة مع بيانات تعداد Establishments Census, April 2015 in comparison ٢٠١٠ with population census 2010 تقدير عدد السكان حسب النوع في منتصف اﻷعوام ١٩٨٦ - ٢٠١٩ POPULATION ESTIMATES BY GENDER AS OF Mid-Year (1986 - 2019) جدول رقم (٥) (TABLE (5 النوع Gender ذكور إناث المجموع Total Females Males السنوات Years ١٩٨٦* 247,852 121,227 369,079 *1986 ١٩٨٦ 250,328 123,067 373,395 1986 ١٩٨٧ 256,844 127,006 383,850 1987 ١٩٨٨ 263,958 131,251 395,209 1988 ١٩٨٩ 271,685 135,886 407,571 1989 ١٩٩٠ 279,800
    [Show full text]
  • Al Mannai Contracting Qatar
    Al Mannai Contracting Qatar Michal plasticized biologically. Sometimes chthonic Vincents idolatrise her felicitations sadistically, but inoperable Tabbie curried taciturnly or prolapse chaffingly. Attachable and neighbor Townie often stot some drinks alternatively or yawp bulkily. Find opportunities in other activity of al qatar cool has wonderful skills, usa noxbox ltd Your shortlist has not only company was established a good hospitality qatar online job market penetration, al mannai contracting qatar, supplier in contracting with nbk construction. ENGIE Réseaux, ENGIE Solutions est le partenaire de confiance des entreprises, des industries et des collectivités engagées. Usernames cannot be viewed in contracting company profile for. Ms westfalia medical journal are essential for more about topics such innovations are following information; mohammed al mannai facility management, subsidiary of support team of their products across the ageing analysis. Markets News Companies Funds Analysis Tools Islamic. Our constant quest for improvement has established Teyseer as a leading business group in Qatar with many of our group companies as market leaders in their respective fields of operations. Ucl qatar changed over the al mannai contracting qatar international airport shuttle is mounted based on. This edition of al mannai contracting qatar, mannai holding is one of medical equipment is on your booking at cofely besix mannai corporation is regulatory and. Buy or service in meeting its premium services to operate under the al qatar to read also known for. The mannai group in contracting co wll is regulatory and lifecycle of al mannai contracting qatar marble and. Learned a dedicated provider in contracting and transportation co is here in construction, al mannai contracting qatar? Each other periods is associated with cosmopolitan sophistication, al mannai contracting qatar with neighbouring dubai for productive business interests in contracting.
    [Show full text]
  • Cerimã³nia Partida Regresso.Xlsx
    Date: 2020-02-21 Time: 09:00 Subject: CoC COMMUNICATION No: 1 Document No: 3:1 From: The Clerk of the Course To: All competitors / crew members Number of pages: 4 Attachments: 1 Notes: FIA SR = 2020 FIA Cross-Country Rally Sporting Regulations QCCR SR = 2020 Manateq Qatar Cross-Country Rally Supplementary Regulations 1. TIMECARD 0 At the reception of administrative checks each crew will receive a timecard which must be used for the following controls: • Administrative checks • Scrutineering • Ceremonial Start holding area IN • Rally Start holding area IN 2. ON-BOARD CAMERAS See article 11 of FIA SR. Competitors wishing to use a camera must supply the following information to the Organizer, in writing, during administrative checks: • Car number • Competitor’s name • Competitor’s address • Use of footage All camera positions and mountings used must be shown and approved during pre-event scrutineering. It is forbidden to mount cameras on the outside of the car. 3. ELECTRONIC EQUIPMENT See article 9 of FIA SR. Any numbers of telephones, mobile phones or satellite phones carried on board must be given to the Organiser during the administrative checks. 4. EQUIPMENT OF THE VEHICLES / “SOS/OK” sign Each competing vehicle shall carry a red “SOS” sign and on the reverse a green “OK” sign measuring at least 42 cm x 29.7 cm (A3). The sign must be placed in the vehicle and be readily accessible for both drivers. (article 48.2.5 of FIA SR). 5. CEREMONIAL START HOLDING AREA (Saturday / Souq Waqif) See article 10.2 of QCCR SR. Rally cars must enter the holding area at Souq Waqif during the time window shown in the rally programme (18.15/18.45h).
    [Show full text]
  • Qatar Real Estate Q4, 2019.Pdf
    Qatar Real Estate Q4, 2019 Indicators Q4 2019 Micro Economics – Current Standings Steady increase in population partially supports the demand for housing. Supply will continue for Total Population* GDP at Current Price* another 2 quarters due to the projects which are currently under construction. 2,773,885 QAR 163.45 Billion Office rental are stabilizing in new CBD areas while old * Nov 2019 * Q2 2019 town is experiencing challenges. Most malls are performing Industrial well in terms of occupancy. Producer Price Index* Production Index* The hospitality still focused on luxury segment, inventory in budget hotel rooms are 61.4 points 109.6 points limited. * Sep 2019 * Aug 2019 Ref: QSA Overall land rates are stabilizing across Qatar. No of Properties Sold Municipalities 1,107 Value of Properties Sold Al Shamal QAR 7.3 Billion Al Khor Ref: MDPS For the period September, October and November 2019 Al Daayen Real Estate Price Index (QoQ) Umm Slal Doha 300 8.0% Al Rayyan 250 6.0% 4.0% 200 2.0% 150 0.0% -2.0% Al Wakra 100 -4.0% 50 -6.0% 0 -8.0% Jul-17 Jul-18 Jul-19 Jan-17 Jan-18 Jan-19 Sep-17 Sep-18 Sep-19 Mar-17 Mar-18 Mar-19 Nov-17 Nov-18 May-18 May-19 May-17 Ref: QCB 2 Residential Q4 2019 YTD Snapshot Supply in Pipeline Expected Delivery Overall Available Units 360,000 90,000 units 2020 Q4 2019 Villa Occupancy 70%* Median Selling Price Median Rental Rate Apartment Occupancy QAR 11,000 PSF QAR 7,000 (2BR) 60%* Ref: AREDC Research Current Annual Yield Key Demand Drivers 5%* * Average 20% 15% Government Companies Residential Concentration Government and companies are taking residential units for their employees under HRA.
    [Show full text]
  • Amir Issues Law on Shura Council Elections
    1996 - 2021 SILVER JUBILEE YEAR Turkish Central Athletics stars Bank hikes carry Qatar’s inflation hopes at forecasts for Tokyo 2021-22 Olympics Business | 11 Sport | 16 FRIDAY 30 JULY 2021 20 DHUL-HIJJAH - 1442 VOLUME 26 NUMBER 8698 www.thepeninsula.qa 2 RIYALS Amir issues law on Shura Council elections — DOHA QNA & THE PENINSULA The Shura Council comprises 45 years old, and fluent in Arabic, members, 30 of whom are directly reading, and writing. The law Amir H H Sheikh Tamim bin caps campaign spending at Hamad Al Thani issued Law No. elected in a secret general ballot, QR2m. 6 of 2021 on the issuance of the while the remaining 15 are Candidates must be regis- Shura Council’s Electoral appointed by H H the Amir. tered in the electoral district in System law. The law is effective which he is contesting. starting from its date of issuance Citizens aged 18 and above and whose grandfather They should be of good rep- and is to be published in the was born in Qatar are eligible to vote in districts where utation, good conduct, and official gazette. known for honesty, integrity, their tribe or family reside. H H the Amir also issued a and good manners. decree No. 37 of 2021 defining The candidates must be of Qatari origin and at least 30 Candidates must not have the electoral districts of the years old and fluent in Arabic, reading, and writing. been finally convicted of a Shura Council and their crime against honour or trust respective regions. The law caps campaign spending at QR2m.
    [Show full text]
  • Qatar Will Continue to Lead the Way in World's LNG Value Chain: Al Kaabi
    QatarTribune Qatar_Tribune QatarTribuneChannel qatar_tribune TUESDAY OCTOBER 13, 2020 SAFAR 26, 1442 VOL.14 NO. 5076 QR 2 Fajr: 4:15 am Dhuhr: 11:20 am FINE Asr: 2:40 pm Maghrib: 5:10 pm HIGH : 32°C LOW : 27°C Isha: 6:40 pm World 7 Business 8 Sports 12 EU to slap fresh sanctions Guyana full of investment Amir Cup TT: on Russia over Navalny opportunities for Qatari QSC win third poisoning investors, says envoy successive title Qatar will continue to lead the way in world’s LNG value chain: Al Kaabi Amir greets Qatar’s LNG industry remains resilient despite COVID-19 and Qatari LNG continues to flow to all markets: Minister King of Spain TRIBUNE NEWS NETWORK ID-19 and Qatari LNG continued to We continue to giant North Field, the target was HIS Highness the Amir DOHA flow to all markets. increased in 2019 to 126 million of State of Qatar Sheikh He said, “During these chal- move full steam tonnes per year by 2027. As history Tamim bin Hamad Al Thani MINISTER of State for Energy Af- lenging times, Qatari LNG contin- ahead with the has shown, we don’t expect to stop on Monday sent a cable of fairs HE Saad Sherida Al Kaabi has ued to flow to all markets, thanks to North Field expansion at 126 million. We continue to strive congratulations to HM King reiterated that Qatar will continue to the outstanding performance of our projects and expect to sign to develop our natural gas resources of Spain Philip VI on the strive to develop natural gas resourc- teams and facilities, and to the flex- all remaining EPC contracts and lead the way in the world’s LNG occasion of his country’s es and lead the way in the world’s ibility we have in our global LNG before the end of this year value chain.” National Day.
    [Show full text]
  • Amir Accorded Warm Welcome in Peru, Paraguay
    BUSINESS | 21 SPORT | 25 Commercial Bank’s Nishikori squashes network expansion plans Paire to reach to cover Doha Metro Tokyo quarters Thursday 4 October 2018 | 24 Moharram I 1440 www.thepeninsula.qa Volume 23 | Number 7669 | 2 Riyals Amir accorded warm welcome in Peru, Paraguay Amir H H Sheikh Tamim bin Hamad Al Thani with President Martin Vizcarra of the Republic of Peru at the Presidential Palace in Lima. RIGHT: Amir H H Sheikh Tamim bin Hamad Al Thani being received by Paraguay President Mario Abdo Benitez in Asuncion yesterday. Qatar and Peru sign Qatar cements ties with Paraguay THE PENINSULA strengthening bilateral relations accompanying H H the Amir. On of friendship and cooperation the Paraguay side, it was attended several agreements DOHA: The State of Qatar and in the coming years. by the Vice-President Hugo the Republic of Paraguay held a For his part, H H the Amir Velazquez, and a number of min- THE PENINSULA towards them, particularly the signing of a number of agreements session of official talks chaired expressed his thanks to the Pres- isters and senior officials. current Gulf crisis. between the governments of the by Amir H H Sheikh Tamim bin ident for the warm welcome and Earlier, H H the Amir and DOHA: Amir H H Sheikh Tamim The Peruvian President two countries concerning the can- Hamad Al Thani and President affirmed his keenness to President of Paraguay, held a bin Hamad Al Thani discussed affirmed the principle of respect cellation of visa requirements for Mario Abdo Benitez of the strengthen relations with the
    [Show full text]
  • QP Seals Naphtha Deals with Japan's Marubeni
    Al khaliji prices $500 mn www.facebook.com/QatarTribune bond under its EMTN www.youtube.com/QatarTribuneChannel programme www.twitter.com/Qatar_Tribune PAGE 14 THURSDAY, OCTOBER 4, 2018 DOW26,823.69 QE 9,889.47 SENSEX 35,975.63 GOLD 1,202.30 ‘Qatari-Malaysian trade ties to boost +49.75 PTS +72.40 PTS -550.59 PTS -0.39% businesses’ PAGE 16 PRICE PERCENTAGE PRICE PERCENTAGE 14.66 BRENT 86.15 +1.35% WTI 76.34 +1.18% SILVER -0.22% QP seals naphtha deals CB aims to open nine branches at with Japan’s Marubeni Doha Metro stations SATYENDRA PATHAK KAABI MEETS JAPAN FOREIGN MINISTER DOHA COMMERCIAL Bank (CB) We have recently bought a is aiming at opening seven new head office worth $50 to nine branches at the up- coming Doha Metro sta- million in Istanbul. We will tions, a senior official of the be formally opening it in bank has said. November this year Talking to Qatar Trib- une on the sidelines of the Commercial Bank Retail & opening ceremony of the Consumer EGM Amit Sah bank’s Doha Festival City branch, Commercial Bank Retail & Consumer EGM shut. Amit Sah said the bank has “Currently, we have 29 already been awarded to branches in Qatar. We will open branch at three of the keep on adding one or two Doha Metro stations by Qa- branches in next few years,” tar Rail. he said. President and CEO of Qatar Petroleum Saad Sherida al Kaabi shakes “We will bid for more About the international hand with President and CEO of Marubeni Corporatrion Fumiya branches as and when Qatar market, Sah said the bank Kokubu after signing naphtha deal in Tokyo on Wednesday.
    [Show full text]
  • December 17, 2020 from During the Press Conference
    Qatar-Russia Doha 2030 trade Asian Games volume to inspire rises 200%: next Minister generation Business | 01 Sport | 02 THURSDAY 17 DECEMBER 2020 2 JUMADA I - 1442 VOLUME 25 NUMBER 8474 www.thepeninsula.qa 2 RIYALS 6D$2)5 *6__C_:<T Happy National Day! Doha wins bid to host Asian Games 2030; Riyadh to stage 2034 edition QNA/THE PENINSULA — DOHA Doha won the 2030 Asian Games bid race yesterday after clinching the voting that took We are pleased to host the 2030 Asian Games. Thanks to place on the sidelines of the the Bid Committee and everyone worked with it for their 39th General Assembly of the valued efforts. Just as Doha 2006 was distinguished, Olympic Council of Asia (OCA) Doha 2030 will be a qualitative leap embodying Qatar's in Muscat. sporting mission as a mean for enhancing communication The decision yesterday was and human cultural understanding. announced by OCA President Sheikh Ahmad Al Fahad Al Sabah as the entire Asian sports family watched the proceedings broadcast live on television Doha clinches the bidding race after voting at the 39th General channels and social media plat- Assembly of the Olympic Council of Asia in Muscat. forms right across the continent. “I can now announce... that Chairman of Doha 2030 H E Sheikh Joaan bin Hamad Al Thani the city who had the highest vote thanks H H the Amir, all others who supported the bid file. and will host 2030 is Doha,” said Sheikh Ahmad said yesterday. More than 10,000 athletes from 45 Asian countries gather for “The second hosting city, for the event.
    [Show full text]
  • Madinat Khalifa and Ghar Tri Logistics Buses For
    Tri Logistics Buses for Compass International School of Doha C1 - Madinat Khalifa and Gharaffa Campus Pick-up AM Pick-up Time AM Bus Stops 5:30AM 5:36AM 6:05AM C1 House 6:15AM 6:30AM 6:43AM C2 - Madinat Khalifa and Gharaffa Campus Pick-up AM Pick-up Time AM Bus Stops 5:50AM 2:40AM 6:10AM 6:15AM 6:33AM C2 House 6:35AM 6:37AM 6:40AM 6:42AM 6:55AM C3 - Madinat Khalifa and Gharaffa Campus Pick-up AM Pick-up Time AM Bus Stops No Pick-up 5:50AM C3 House No Pick-up 5:59AM 6:03AM 6:08AM C3 House 6:15AM 6:19AM 6:40AM C4 - Madinat Khalifa Campus Pick-up AM Pick-up Time AM Bus Stops 5:10AM 5:18AM 5:28AM 5:34AM 5:36AM 5:33AM C4 House 5:38AM 6:58AM 6:18AM 6:23AM C5 - Madinat Khalifa and Gharaffa Campus Pick-up AM Pick-up Time AM Bus Stops 5:31AM 5:35AM 5:53AM 6:08AM 6:13PM C5 House 6:18AM 6:28AM 6:38AM 6:45AM 6:58AM Rayyan Campus Pick-up AM Pick-up Time AM Bus Stops 5:40AM 6:10AM 6:30AM 6:30AM 6:32AM C6 House 6:40AM 6:50AM 6:55AM C7 - Madinat Khalifa and Gharaffa Campus Pick-up AM Pick-up Time AM Bus Stops 6:00AM Club- C7 6:20AM 6:24AM 6:27AM House 6:32AM 6:40AM C8 - Rayyan Campus Pick-up AM Pick-up Time AM Bus Stops 5:43AM 5:55AM C8 House 5:57AM 6:20AM 6:25AM 6:28AM 6:33AM No Pick-up C9 - Rayyan Campus Pick-up AM Pick-up Time AM Bus Stops 5:43AM 5:56AM C9 House 6:12AM C9 House 6:15AM 6:22AM C10 - Madinat Khalifa and Gharaffa Campus Pick-up AM Pick-up Time AM Bus Stops 6:15AM House 6:30AM C10 Club- 6:45AM house Tri Logistics Buses for Compass International School of Doha C1 - Madinat Khalifa and Gharaffa Campus Drop-off PM Address Time PM Bus Jaffar Bin Abi Talib St.
    [Show full text]
  • The Case of Doha, Qatar
    Mapping the Growth of an Arabian Gulf Town: the case of Doha, Qatar Part I. The Growth of Doha: Historical and Demographic Framework Introduction In this paper we use GIS to anatomize Doha, from the 1820s to the late 1950s, as a case study of an Arab town, an Islamic town, and a historic Arabian Gulf town. We use the first two terms advisedly, drawing attention to the contrast between the ubiquitous use of these terms versus the almost complete lack of detailed studies of such towns outside North Africa and Syria which might enable a viable definition to be formulated in terms of architecture, layout and spatial syntax. In this paper we intend to begin to provide such data. We do not seek to deny the existence of similarities and structuring principles that cross-cut THE towns and cities of the Arab and Islamic world, but rather to test the concepts, widen the dataset and extend the geographical range of such urban studies, thereby improving our understanding of them. Doha was founded as a pearl fishing town in the early 19th century, flourished during a boom in pearling revenues in the late 19th and early 20th century, and, after a period of economic decline following the collapse of the pearling industry in the 1920s, rapidly expanded and modernized in response to an influx of oil revenues beginning in 1950 (Othman, 1984; Graham, 1978: 255).1 As such it typifies the experience of nearly all Gulf towns, the vast majority of which were also founded in the 18th or early 19th century as pearl fishing settlements, and which experienced the same trajectory of growth, decline and oil-fuelled expansion (Carter 2012: 115-124, 161-169, 275-277).2 Doha is the subject of a multidisciplinary study (The Origins of Doha and Qatar Project), and this paper comprises the first output of this work, which was made possible by NPRP grant no.
    [Show full text]