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Valustrat Qatar Real Estate Research Q1 2018-Final
st QUARTER REVIEW 2018 Qatar Real Estate Market www.valustrat.com VPI ValuStrat Price Index Residential Since the ValuStrat Price Index (VPI) began tracking in January 2016, Qatar residential prices have witnessed a fall in values. By benchmarking the index from Q1 2016 at 100 points, we found that values continue to fall displaying market corrections nationwide. The first quarter 2018 VPI displayed overall 9.4% annual and 1.6% quarterly declines. Villas and freehold apartments saw quarterly price declines of 1.6% and 1.7%, respectively. Whilst a few locations saw marginal declines, others experienced steeper falls. Quarterly capital depreciation between 0.4% and 2.7% was seen in clusters of Al Wakrah, Al Khor, Umm Salal Mohammad, Old Airport, Al Thumama, Al Waab, West Bay Lagoon, New Al Rayyan/Muaither and declines of 4% to 4.4% were seen in Ain Khalid/Abu Hamour and Umm Salal Ali. Gross yields for residential units averaged at 4.8%, with 6.0% for apartments and 4.2% for villas. ValuStrat Price Index 13 Villa and 3 Apartment Locations in Qatar [Base: Q1 2016=100] 120 100 100 96.3 94.2 90.9 89.8 87.2 84.9 82.7 81.3 80 60 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2017 2018 Source: ValuStrat 1 | Qatar Real Estate Market 1st Quarter 2018 Review MacroEconomicSnapshot • Government launched a second National Development Strategy (2017-2022) in which they prioritised six sectors; manufacturing, tourism, logistics, financial services, information and communication and scientific research • Real Gross Domestic Product (GDP) increased 1.8% YoY (QAR 204.2 billion), driven by growth in non-hydrocarbon sector of 3.7% YoY in Q4 2017 - latest estimates released by Ministry of Development Planning and Statistics • Population is estimated at 2.68 million 1,836,000 2,045,000 2,235,000 2,421,000 2,597,000 2,641,000 2,685,000 2012 2013 2014 2015 2016 2017 2018-Q1 Qatar Population Source: Ministry of Development Planning & Statistics Consumer Price Index vs. -
Qatar Industrial Landscape 2.0: Resilient and Stronger Contents
Qatar Industrial Landscape 2.0: Resilient and Stronger Contents Foreword 2 Qatar Industrial Landscape 1.0 3 Blockade: A Blessing in Disguise 7 Outlook: Qatar Industrial Landscape 2.0 12 Qatar 2.0- Resilient and Stronger | 1 Foreword Venkat Krishnaswamy Partner, Head of Advisory at KPMG Qatar The discovery of oil in the 1940’s started Qatar’s“ industrial growth and economic development. At the turn of the 21st century, Qatar witnessed exponential growth and diversification supported by development of industrial and port infrastructure and increased focus on exports. Government’s swift responses to the regional blockade underpinned Qatar’s economic resilience which ensured stability in industrial sector exports, both in the oil and gas and non-oil, non-gas segments. A blessing in disguise, the blockade led to rapid development in Qatar’s agro- and food-based industries driven by initiatives by the government and the private sector. After mitigating the immediate impact of the blockade, the government developed the manufacturing sector strategy, comprising nine strategic enablers which are expected to help Qatar build on its resilience and emerge stronger. The ending of blockade and a multi-sector development pipeline augurs well for Qatar’s industrial sector. ” Qatar 2.0- Resilient and Stronger | 2 Qatar Industrial Landscape 1.0 The discovery of oil in the 1940’s jump started Qatar’s industrial growth and economic development In the early 20th century, Qatar’s economy was heavily reliant on fishing and pearl diving. It transformed significantly with the discovery of oil in 1940. This drove industrial development, with the opening of Mesaieed Industrial City and Mesaieed Port in 1949. -
Pre-Qualification Document
1 Prequalification Gulf Laboratories Co. W.L.L Geotechnical Services, Materials, Petroleum, Environmental and Food Testing Laboratory Gulf Laboratories Co. W.L.L Street No. 13 Gate 112 Salwa Industrial Area, Doha, P.O Box 4024 Phone: +974 44607034 +974 44607036 Fax: +974 44607628 E-mail address: [email protected] Website: www.gulflaboratories.com Prequalification Document Rev 53 17.12.2018 2 Contents Page No. Company Details………………………………………………………………………..……………………………………… 3 Key Personnel………………………………………………………………………………………………..…………………. 4 Equipment and Resources………………………………………….………………………………………………………. 6 Services Offered…………………………………………………………………………………………....…………………. 10 Organizational Structure……………………………………………………………………………..….………………….. 12 Appendices Appendix A - Certificates of Registration, MoE Certificate of Conformity, Municipality License and Qatar Chamber of Commerce and Industry Certificate…… 14 Appendix B - ISO 17025 Accreditation / OHSAS, QMS, EMS Certification………………………………… 31 Appendix C - Resume of Company Experience…………………………………………………………………….. 37 Appendix D - Field and Laboratory Testing ISO 17025 Accredited Test Parameters…………………. 72 Prequalification Document Rev 53 17.12.2018 3 Company Details Name of Company : Gulf Laboratories Co. W.L.L Head Office Address : P.O. Box 4024, Doha, Qatar Commercial Registration No. : 14419 Nature of Business : Ground Investigations and Materials / Environmental Testing Established : Mid-1970’s Owners : Mannai Corporation QPSC, Doha Employees : 400 + Main Office/ Physical Laboratory Location : Street No. 13 Gate 112 Salwa Industrial Area Telephone Nos. : +974 446 07034 / +974 446 07036 Fax No. : +974 446 07628 E-mail Address : [email protected] Geotechnical and Drilling Site Street No. 24, Gate 21, Al Kassarath Street Investigation Department : Salwa Industrial Area Telephone Nos. : +974 446 06585 / +974 445 02371 Fax No. : +974 446 06562 E-mail Address : [email protected] Workshop Location : Street 46, Salwa Industrial Area Chemical, Environmental, Oil Junction of Street No. -
Valustrat Qatar Real Estate Research Q3 2018
QUARTER REVIEW 2018 Qatar Real Estate Market VPI ValuStrat Price Index Residential The third quarter 2018 Valustrat Price Index (VPI)-Residential, displayed overall 10.7% annual and 2.4% quarterly declines in capital values. Villas and freehold apartments saw quarterly price declines of 3.2% and 2.2% respectively. Amongst freehold apartments, The Pearl witnessed the highest overall decline in values followed by West Bay Lagoon and Lusail. Whilst some villa locations had only marginal reductions, others experienced steeper falls. Quarterly capital depreciation between 0.8% to 3.0% was seen in clusters of Umm Salal, Old Airport/Najma, Muaither/New Al Rayyan and Ain Khaled/Abu Hamour. Declines of 3.0% to 8.0% were seen in Al Wakrah/Wukair, West Bay Lagoon, Al Dafna and Al Thumama. Gross yields for residential units averaged at 4.9% with 5.9% for apartments and 4.4% for villas. ValuStrat Price Index 13 Villa and 3 Apartment Locations in Qatar [Base: Q1 2016=100] 110 100 100 96.3 94.2 90.9 89.8 90 87.2 84.9 82.7 81.3 80 77.7 75.8 70 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2016 2017 2018 Source: ValuStrat 1 | Qatar Real Estate Market 3rd Quarter 2018 Review MacroEconomicSnapshot • The Real Gross Domestic Product (GDP) increased 2.5% YoY (QAR 204.37 billion), driven by growth in non-hydrocarbon sector of 6.1% YoY in Q2 2018 - as estimated by Ministry of Development Planning and Statistics (MDPS) • As per “The Global Competitiveness Report 2018”, Qatar was ranked second-most competitive economy in the region and took 30th position out of 140 countries -
Qatar's Investments in Food Industries Increase By
BUSINESS | 17 SPORT | 21 Manateq to expand New Zealand's Birkat Al Awamer Watling sees Logistics Park area more 'bumpers' in from Q2 2020 Melbourne Sunday 22 December 2019 | 25 Rabia II 1441 www.thepeninsula.qa Volume 24 | Number 8113 | 2 Riyals Pack up to 100 GB when you travel with the new Qatarna 5G plans Qatar’s investments Liverpool beat Flamengo to win FIFA Club World Cup in food industries increase by 126% THE PENINSULA H E Ali bin Ahmad Al Kuwari DOHA reiterated that in just two Qatar, which puts food security as a top years, Qatar was able to priority for the country’s development, achieve high levels of self- has increased its investments in the food sufficiency in terms of industries sector by 126 percent to QR5.2bn in 2019 from QR2.3bn in 2016, various agricultural products Minister of Commerce and Industry, H E and secure a strategic stock Ali bin Ahmad Al Kuwari, said yesterday. of commodities. Addressing a panel discussion on food security at the Kuala Lumpur 2019 Summit, which concluded in the Malaysian capital in the WTO since 2014. On March 9, 2016, yesterday, H E the Minister reiterated that Qatar submitted an application to the in just two years, Qatar was able to achieve WTO’s Agriculture Committee to join the high levels of self-sufficiency in terms of NFIDCs list, which offers its members with various agricultural products and secure a a set of specific guarantees to enhance and strategic stock of commodities. He added protect their food security. that Qatar’s self-sufficiency in terms of H E the Minister added that Qatar also dairy products increased from 27 percent joined a WTO informal group, which brings to 106 percent and from 49 percent to 123 together a number of countries that aim to percent in terms of fresh poultry, said a reduce discriminatory restrictions such as statement issued by the Ministry. -
Company Profile
COMPANY P R O F I L E P.O.Box: 295, New Industrial Area, Street 35 Doha – Qatar Tel: +974 4411 4787 l Fax:+974 4411 4792 [email protected] l www.cikome.com ISO9001:2015 Certified Company MANAGING DIRECTOR’S M E S S A G E INTRODUCTION V A L U E S ORGANIZATIONAL CHART AREA OF EXPERTISE PROJECT REFERENCE CERTIFICATES & REGISTRATION DOCUMENTS CONTACT US TABLE OF CONTENT MANAGING DIRECTOR’S M A S S A G E We are part of Al Jabor Trading and are committed to provide the full range of construction materials under one umbrella. A division for the manufacture of construction chemicals has been established to fulfill the market demand and to keep long term business relationship with our valid customers by providing quality products and services. - Nawaf Bin Jabor Al- T h a n i Internal Sport Flooring CIKO Middle East, a Qatar based company, established in year 2006 enjoys an excellent Reputation in construction sector for the manufacture and supply of unchallenged premium quality construction chemicals supplied all over Middle East. The range of products CIKO Middle East offers includes Concrete and Mortar Admixtures, Waterproof Coatings, External Sport Flooring Grouts, Floor Coatings & Systems, Repair Materials, Adhesives & Bonding Agents etc. The products supplied by CIKO Middle East are manufactured under stringent quality control methods and techniques from selection of raw materials to finished products and its storage. Polyurethane Waterproofing The manufacturing is based on latest process techniques with advanced equipment and supporting utilities. Well qualified and skilled manpower team forms the core of CIKO Middle East's success in the supply of quality products and excellent service to its customers. -
Infrastructure Key Projects Export
Country Project Name Main Sector Bahrain East Hidd Residential City Project Construction Abqaiq, Eastern Province (Saudi Arabia) - Sitra Refinery, Central Bahrain Governorate (Bahrain) Crude Oil Pipeline Project Energy & Utilities Bahrain Strategic Water Distribution Station, Seef District Energy & Utilities Bahrain Muharraq Arad Fort Tourist Resort, Muharraq Construction Bahrain United Tower Project, Bahrain Bay Construction Bahrain Dragon City Retail Development, Diyar Al-Muharraq Construction Bahrain Investment Gateway - Bahrain Project, Muharraq Construction Bahrain Arad Housing Units, Muharraq Construction National Oncology Centre, King Hamad University Hospital, Social Bahrain Muharraq Infrastructure Social Bahrain Salmaniya Medical Complex Upgrade, Manama Infrastructure Social Bahrain Muharraq Hospital (Part of GCC Marshall Plan) Infrastructure Bahrain One&Only Luxury Resort, Seef, Capital Governorate Construction Bahrain GCC Railway Network Transport Bahrain The Avenues Corniche Project, Manama Construction Bahrain Muharraq Ring Road Project Transport Bahrain Alba/Nuwaidrat Intersections Development Project Transport Bahrain Strategic Water Distribution Station, Al-Madina Al-Shamaliya Energy & Utilities Bahrain Dry Bulk Logistics Hub, Bahrain Logistics Zone, Al-Hidd, Muharraq Transport Bahrain Fairmont Al-Jazayer Luxury Resort Construction Bahrain Bahrain Marina Development Project, Manama Construction Bahrain Hidd Transmission Substation Project, Muharraq Energy & Utilities Bahrain King Hamad Causeway, Bahrain - Saudi Arabia Transport -
SIE/MR/HSERR/01,0:24/02/15 About STREAM Industrial & Engineering
1 SIE/MR/HSERR/01,0:24/02/15 About STREAM Industrial & Engineering • Stream Industrial & Engineering (SIE) was established in 1989 as one of Salam International Investment Ltd. subsidiaries. • The name of Salam has been renowned and associated with excellence, achievement, growth and quality. • SIIL continues to benefit from a strong human capital base and corporate culture. These have assured the company’s continued growth and prosperity through capitalizing on its inherent strengths; namely, its staff, expertise, exceptional client care and its continued drive for improvement in all aspects of its operations. • STREAM undertakes large to medium scale turnkey projects in both the Commercial and Infrastructure sectors. STREAM Philosophy We value the quality of our human resources that drive us to employ dedicated specialized engineers and highly qualified and trained individuals who comprise the empowered STREAM workforce. After a careful selection and scrutiny to match the demanding lifecycle of an overwhelming dynamics market structure, we empower each member as we ultimately believe in leaders of today passing power to its successors, reliving the tradition of exemplary competence at all levels of the management hierarchy. In the workforce, every individual is a team player vigorously trained to excel in keeping atop advancements among respective fields of operation and specialization, as we envision to be always ahead and at the pinnacle of success among major players in the downstream industrial market. PRESTIGE The prestige and prominence of projects has been executed in full contribution of dedicated experts in Engineering, Procurement & Construction. In our pledge to uphold industry standards, we have been awarded with the prestige and trust of clientele in project management and execution among the building & infrastructure sectors. -
Q4 2017 Qatar (Low Res)
th QUARTER REVIEW 2017 Qatar Real Estate Market www.valustrat.com MacroEconomicSnapshot • Qatar’s 2018 overall budget of QAR 203.2 billion has been approved, representing a 2.4% increase over the previous year • The 2018 budget follows Qatar 2030 National Vision, which will have an increase in infrastructure spending of 19.1% and an operating deficit of QAR 28.1 billion • A total of QAR 122 billion has been allocated for new and major projects, with focus on World Cup related developments and sectors such as food security, tourism, SMEs and economic/free zones • Population is estimated at 2.64 million, with a five-year average growth rate of 7.6% 1,836,000 2,045,000 2,235,000 2,421,000 2,597,000 2,641,000 2012 2013 2014 2015 2016 2017 Qatar Population Source: Ministry of Development Planning & Statistics • The Real Gross Domestic Product (GDP) Consumer Price Index vs. Housing Index January 2015 – YTD increased 1.9% YoY (QAR 208.9 billion), driven by growth in non-hydrocarbon sector of 3.6% YoY in Q3 2017 • During the first two months of Q4 2017, 118 116 oil export revenue and imports 114 expanded by 17.7% YoY and 7.2% YoY 112 respectively 110 • Qatar Central Bank did not follow 108 US Fed Funds rate hike in December, 106 keeping lending rate at 5% and deposit 104 102 rate at 1.5% 100 • During Q4 2017, the Consumer Price 98 Index (CPI) increased 0.3% YoY and 0.3% 96 QoQ. Transport, Education, Food & Jul Jul Jul Oct Oct Oct Apr Apr Apr Jan Jan Jan Jun Jun Jun Feb Feb Feb Sep Sep Sep Nov Nov Dec Nov Dec Dec Aug Aug Aug Mar Mar Mar May May