ISO 9001:2008 CERTIFIED NEWSPAPER Home | 3 Business | 14 Sport | 21 Remittances GCC bond David Warner surge during yields pick up piles on the Ramadan and on US rate hike agony for Eid Al Fitr. expectations. England. SUNDAY 19 JULY 2015 • 3 Shawwal 1436 • Volume 20 Number 6496 www.thepeninsulaqatar.com
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[email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 ‘Jungle Book’ show One of biggest Qatar top per ships to dock at Hamad Port today DOHA: One of biggest ships in the world carrying 12 giant cranes will enter Hamad Port capita energy today. The ship from China is carry- ing four huge cranes while eight are small in size, Al Sharq reports. The port was filled with water subsidiser 10 months ahead of its schedule to allow the ship to dock at the port. The ship was earlier planned IMF: Global subsidies to hit $5.3 trillion to unload the cranes at Jabal Ali Port in the UAE from where the BY SATISH KANADY post-tax energy subsidies in dollar machines would be transported terms. Globally, energy subsidies through small ships to Qatar. DOHA: Qatar has been named are projected at $5.3 trillion this Flooding of Hamad Port ahead the top per capita energy subsi- year, or 6.5 percent of global GDP, of schedule has made it possible diser in the world. according to the IMF. for the ship to dock there, which International Monetary Fund’s Most of this arises from coun- is a major achievement for the (IMF) latest update of global tries setting energy taxes below Ministry of Transport and com- energy subsidies shows Qatar is levels that reflect the environ- panies involved in construction of the top subsidiser in terms of per mental damage associated with the port.