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Paradise Papers: 714 Seeks `1,500Cr Central Aid Indian Links Exposed Chennai IANS 3rd Best News Website in the Middle East BUSINESS | 21 QATAR SPORT | 29 UNDER SIEGE QFC reaches out TH Barshim shortlisted to potential 156 for IAAF Athlete of Turkish investors DAY the Year award Tuesday 7 November 2017 | 18 Safar 1439 www.thepeninsulaqatar.com Volume 22 | Number 7338 | 2 Riyals Emir meets Chairman of Volkswagen Group Supervisory Board Emir sends cable Investment Free of condolences to US President Zones law revised mir H H Sheikh Tamim bin Hamad Al Thani Esent yesterday a cable of condolences to President to boost business of the friendly United States of America, Donald Trump, extending condolences to the The Peninsula New amendments to attract President and to the Ameri- local and foreign investments can people on the victims of mir H H Sheikh by enhancing business the horrific incident that took Tamim bin Hamad Al place inside a church in Thani issued yester- environment. southern Texas and left doz- day Decree Law No ens killed and injured. The 21 of 2017 amending No restriction on nationality Emir expressed his strong con- Esome provisions of the Law No of investor, capital, choice of demnation and denunciation 34 of 2005 on Investment Free of such acts that terrorise the legal frame for the project, Emir H H Sheikh Tamim bin Hamad Al Thani met yesterday at the Emiri Diwan with the Zones. freedom of fixing prices of innocent, wishing the speedy The Investment Free Zones Volkswagen Group Supervisory Board Chairman, Hans Dieter Potsch, who called to greet recovery for the injured. include the economic zones and products, setting profits. His Highness on the occasion of his visit to Qatar. The meeting dealt with cooperation Deputy Emir H H Sheikh Hamad International Airport relations and means to develop them. Abdullah bin Hamad Al with capital and assets worth More freedom in Thani and Prime Minister QR50bn. The Decree Law is transactions. and Interior Minister H E effective starting from its date Sheikh Abdullah bin Nasser of issue and is to be published Investment Free Zones to bin Khalifa Al Thani sent in the official gazette. similar cables. Prime Minister and Interior create new job opportunities. QA to acquire 9.61% Cathay Pacific stake Minister H E Sheikh Abdullah Emir condoles bin Nasser bin Khalifa Al Thani investments by enhancing the The Peninsula 20 years of Going Places said that the amendment in the business environment in the QA launches services Together with travellers across with Kuwait Emir law has come in the framework country and facing the chal- atar Airways announced to Turkey’s Adana its more than 150 business and of directives of H H the Emir lenges and variables in yesterday that it has leisure destinations. The world’s mir H H Sheikh Tamim who authorised the Cabinet to economic sector.” Qentered into an agreement atar Airways is celebrat- fastest-growing airline will add bin Hamad Al Thani take all necessary measures to The Prime Minister said that to purchase an amount of ing the launch of a number of exciting new des- Esent yesterday a cable enhance and push economic the amendment is meant to 378,188,000 shares of Cathay Qscheduled services to tinations to its growing network of condolences to the Emir of development and investment enhance the credibility of the Pacific Airways Ltd (Cathay Adana following the arrival of in 2017/18, including St. Peters- the State of Kuwait H H wheels in order to provide the state institutions work to Pacific), being approximately its inaugural flight from Doha burg, Russia; Chiang Mai, Sheikh Sabah Al Ahmad Al nationals and foreign investors achieve Qatar National Vision 9.61% of the total issued share to Turkey’s fifth-largest city. Thailand; Canberra, Australia Jaber Al Sabah on the death the maximum advantage. 2030 and also to achieve capital. Completion of the trans- Flight QR438 touched down and many more, flying passen- of Sheikha Shamma Hmoud In this regard, the Prime national strategies and national action is to take place later today at Adana Airport at 11:25. gers on board its modern fleet Al Salman Al Sabah. Deputy Minister said, the Cabinet economic orientations which in Hong Kong. Adana, located at the cross- of more than 200 aircraft. Emir H H Sheikh Abdullah bin worked during the past on are based on free trade, eco- Investment in Cathay Pacific roads of Anatolia and the Cathay Pacific Airways is a Hamad Al Thani and Prime developing the strategy of nomic growth and creating further supports Qatar Airways Middle East, is one of the most Hong Kong-based airline offer- Minister and Interior Minis- economic development poli- space for private sector to play investment strategy which populous cities in Turkey. ing scheduled passenger and ter H E Sheikh Abdullah bin cies for the country through the leading role. He mentioned already includes 20% invest- cargo services to more than 180 Nasser bin Khalifa Al Thani effective and innovative that the Investment Free Zones ment in International Airlines → Full report on page 2 destinations in Asia, North sent similar cables. means by taking the advan- constitute distinguished invest- Group (IAG), 10% investment in America, Australia, Europe and tage of available opportunities, ment mechanisms and are LATAM Airlines Group and 49% member and is one of the Africa, using a fleet of 140 wide- Awqaf Ministry calls interacting with local, regional important means to increase investment in Meridiana said the strongest airlines in the world, body aircraft. The airline offers and international develop- national GDP and the volume company in statement. respected throughout the indus- exceptional service and world- for Istisqa prayer ments with the aim to achieve of local and foreign investment Group Chief Executive Akbar try and with massive potential beating products on the ground the national economic goals. and internal trade. Al Baker praised this financial for the future. and in the air - including its mul- he Ministry of Awqaf “The new amendments will investment in Cathay Pacific Qatar Airways, the national tiple award-winning long-haul and Islamic Affairs has also attract local and foreign → Continued on page 2 which is a fellow Oneworld carrier of Qatar, is celebrating Business Class. Tcalled on all Muslims in the State to perform Istisqa (rain-seeking) prayer on Thursday in line with the Sunnah of Prophet Muham- Qatar to chair WTO’s mad (Peace Be Upon Him) to pray for rainfall when rain is lacking. The Ministry called for TRIMs Committee the performance of Istisqa prayer at the state’s mosques QNA on Thursday, the 20th of Safar H E Sheikh Ali bin 1439, AH corresponding to he Ministry of Economy November 9, 2017 at 06.01am. and Commerce said that Alwaleed Al Thani It added that on the occasion, TH E Sheikh Ali bin chaired the WTO’s the Ministry reminded Muslims Alwaleed Al Thani, Director of TRIMs meeting of the requirement for the the State of Qatar’s office at the yesterday at the acceptance of dua (pleading to Qatar National Library World Trade Organisation Allah) which include fasting, 1 (WTO), was unanimously organisation’s offering sadaqa, repentance to appointed head of the Trade- headquarters in Allah, cleaning their bodies and opens doors today million Related Investment Measures Geneva. using miswak. (TRIMs) committee and Fazeena Saleem civilisation. Located at Qatar books received wide support from First Major Event Safety The Peninsula Foundation’s (QF) Education City, WTO member states. Investment Measures, which and Security Conference the library houses a main collec- The Ministry said that was negotiated during the Uru- begins today esidents in Qatar will be able tion and has separate sections 100,000 Children’s Books H E Sheikh Ali bin Alwaleed Al guay Round. The agreement to access over one million such as Children’s Library, Teen Thani chaired the WTO’s TRIMs stipulates that no member shall nder the patronage of Rbooks and rare texts and Library, Heritage Library and meeting yesterday at the organ- implement a prohibited meas- Prime Minister and manuscripts free of cost now, as other facilities. 30,000 Books for teens ization’s headquarters in Geneva. ure in line with the provisions UInterior Minister H E the Qatar National Library will The Library collection mainly The meeting discussed remarks of Article 3 of the General Sheikh Abdullah bin Nasser open its doors for the public from comprises Arabic and English 26,000 Heritage Books on the policies of some member Agreement on Tariffs and Trade bin Khalifa Al Thani, the First today. Arguably the largest library language texts, but also provides states in terms of imposing local (GATT) on National Treatment Major Event Safety and Secu- in the world to be opened in the a wide selection of books in other components in the fields of on Internal Taxation and Reg- rity Conference kicks off 21st century, it is spread over an languages. These include French, 4,000 Manuscripts investment, particularly energy ulation or Article 11 on today at St. Regis Doha. area of 45,000 square-meter and German, Italian, Portuguese, and communications. The meet- Anti-dumping and Countervail- The two-day conference has a collection of books in around Spanish, Tamil, Urdu, Tagalog, 70,000 Photographs ing also reviewed remarks on the ing Duties, especially since is organised by the Security 20 languages. Sinhala, Malayalam, Bengali, new or amended legislations of some investment measures can Committee of the Supreme The library, which offers free Nepali, as well as Russian, 1,200 Maps member states in line with the have restrictive effects or dis- Committee for Delivery and membership available with a Korean, and Chinese, reflecting WTO regulations.
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