ISO 9001:2008 CERTIFIED NEWSPAPER Home | 2 Business | 14 Sport | 21 Qatar Airways’ IMF warns of Qatar in round inaugural huge financial 16 at FIVB flight lands in hole as Greek Beach Volleyball Zanzibar. vote looms. championships. FRIDAY 3 JULY 2015 • 16 Ramadan 1436 • Volume 20 Number 6480 www.thepeninsulaqatar.com
[email protected] |
[email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Premier arrives in Kuwait Some govt-funded Demolition of investment firms to be privatised DOHA: Emir H H Sheikh Tamim bin Hamad Al Thani, souqs blamed also Chairman of Supreme Council for Economic Affairs and Investment, has issued directives to privatise some gov- ernment and semi-government- funded investment companies. for high rents A council meeting, chaired by the Emir, examined results of a study on investment firms par- Calls for more commercial streets tially funded by government and semi-government bodies. “The DOHA: Several real estate the Ministry of Economy and Emir gave directives to privatise experts have called for more Commerce and the private sec- some companies within a specific commercial streets across the tor to find alternatives for the timetable,” Qatar News Agency country, instead of glitzy shop- demolished markets,” he added. (QNA) reports. ping malls to provide required He said the major difference Deputy Emir H H Sheikh services to the public and between commercial streets and Abdullah bin Hamad Al Thani, address the rising shop rents. malls is that the former provide also Vice-Chairman of the coun- They pointed out that demo- many services not available in cil, attended the meeting along lition of traditional souqs has malls.