www.thepeninsulaqatar.com BUSINESS | 21 SPORT | 33 GOIC announces MotoGP fans incentive package to meet star rider facilitate user access Marquez in Doha THURSDAY 3 MARCH 2016 • 23 Jumada I 1437 • Volume 20 • Number 6724 thepeninsulaqatar @peninsulaqatar @peninsula_qatar PM attends Interior Ministers’ meet Emir gives his Emir presides condolences to Ruler of Ajman over economic DOHA: Emir H H Sheikh Tamim bin Hamad Al Thani sent yesterday a cable of condolences to Member of the UAE Supreme Council and Ruler of Ajman, Sheikh Humaid bin panel meeting Rashid Al Nuaimi on the death of Sheikh Mohammed bin Nasser bin Rashid Al Nuaimi, son of the Deputy Ruler of Ajman, praying to projects via solar energy. The Allah Almighty to have mercy upon Council’s Secretary-Gen- him and grant solace and fortitude Council approves eral and Minister of Finance, to his family, reports QNA. solar power firm H E Ali Sherif Al Emadi told QNA Deputy Emir H H Sheikh later that the meeting discussed a Abdullah bin Hamad Al Thani also — Seraj Energy number of topics on the agenda and sent a similar cable. Company took necessary measures. He said the agenda included Assistant Foreign following up on previous decisions of the Council and the measures Minister appointed taken in this regard as well as Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani during the The Peninsula developments related to energy and 33rd session of the Arab Interior Ministers’ Council, in Tunis, yesterday. Tunisian President Beji Caid DOHA: Foreign Minister H E investment affairs. Essebsi, Saudi Arabia’s Crown Prince, Deputy Premier and Minister of Interior Prince Mohammed bin Sheikh Mohamed bin Abdulrah- Al Emadi said that also on the Naif bin Abdulaziz Al Saud and other top officials are also seen. → See also page 7 man Al Thani has issued a decision agenda was a discussion on the appointing Sultan bin Saad Sultan DOHA: Emir H H Sheikh Tamim bin proposed solar power generation Al Muraikhi Assistant Minister for Hamad Al Thani, who is Chairman of company Seraj, and the Council Foreign Affairs, reports QNA. the Supreme Council for Economic agreed to set it up. Affairs and Investment, yesterday The agenda also included Qatar New inter-city presided over its meeting at the Petroleum’s request to endorse an Douglas Emmett and QIA Hezbollah declared a Emiri Diwan. agreement on amending the finan- This was the first meeting of cial terms of the development and buses launched terrorist organisation the Council this year, reports Qatar financial terms agreement of Bar- acquire Westwood office News Agency (QNA). zan Gas Company Limited. The Peninsula RIYADH: Gulf countries yester- Deputy Emir H H Sheikh Abdul- The Finance Minister said that The Peninsula chase price was approximately $777 day declared Lebanon’s Hezbollah lah bin Hamad Al Thani, who is the meeting approved the amend- per square foot. Douglas Emmett a “terrorist” group, escalating Vice-Chairman of the Council, ment agreement as well. DOHA: Mowasalat has introduced plans to retain 20pc to 30pc of the tensions with the militant organi- attended the meeting along with Meanwhile, media reports ear- new buses on inter-city routes — equity in the joint venture, with the sation that supports Syria’s regime. its members. The Council gave its lier suggested that the idea of the for long distance trips with extra DOHA: Douglas Emmett, a real remaining being held by institu- The designation is the latest step nod to form a company that would Seraj project was mooted based on facilities. estate investment trust (REIT), yes- tional partners. The joint venture taken by Gulf states against Hez- generate solar power, Qatar News the fact that producing solar power The buses in which passen- terday announced the acquisition has obtained a non-recourse $580m bollah as ties between its main Agency said. was cheaper than buying gas from gers are not allowed to stand of a 1,725,000 square feet office interest-only loan with a seven-year backer Iran and Saudi Arabia To be known as Seraj Energy the international market. have adjustable seats with arm- portfolio in a joint venture with term. The interest rate is floating at deteriorate. The GCC “decided to Company, it will be jointly owned Detailed studies to assess the rests, luggage storage facilities, Qatar Investment Authority (QIA) Libor plus 1.40 percent, which has consider the militias (of Hezbol- by Qatar Petroleum (QP) and feasibility of the project have already and stop announcement and elec- for $1.34bn. The portfolio consists been fixed at 2.37 percent per annum lah) a terrorist organisation”, GCC Qatar Electricity and Water Com- been carried out and the company is tronic display. of four Class “A” office buildings for five years through an interest rate Secretary General Abdullatif Al pany (QEWC). The Council is all for in the process of being formed, said located in Westwood, a premier West swap. Zayani said. setting up electricity generation media reports. → Continued on page 6 Los Angeles submarket. The pur- → Continued on page 6 → See also page 7 Promotion valid from 03.03.2016 to 05.03.2016 or until stocks last. 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QAR 799 QAR 2,099 Lenovo Smart Phone Samsung Lexar Jump Drive Sisley S90 Galaxy Note 5 * Onen pcc forfo one customeom r V10 16GB 02 THURSDAY 3 MARCH 2016 HOME PM condoles with Ajman Ruler Sheikh Joaan CSR Person of the Year 2015 QNA By Fazeena Saleem programmes and their execution on The Peninsula the solid basis of social responsibility,” DOHA: Prime Minister and Inte- said Dr Hassan Rashid Al Derham, rior Minister H E Sheikh Abdullah President, QU. bin Nasser bin Khalifa Al Thani The report has documented yesterday sent a cable of con- DOHA: H E Sheikh Joaan bin Hamad achievements of several organisa- dolences to Member of the UAE Al Thani, President, Qatar Olympic tions in CSR. It also conducted a study Supreme Council and Ajman Committee (QOC), was honoured as on ‘CSR in Qatar and Organisational Ruler Sheikh Humaid bin Rashid ‘CSR Person of the Year 2015’ yes- Performances’ and found that average Al Nuaimi on the death of Sheikh terday. He was recognised for his spending on CSR among the surveyed Mohammed bin Nasser bin Rashid significant role in supporting corpo- companies revealed that the majority Al Nuaimi, son of the Deputy rate social responsibility (CSR) and of them spend more than QR1m annu- Ruler of Ajman, praying to Allah being a role model in inspiring the ally. The study also shows that the oil Almighty to have mercy upon him youth of Qatar. and gas sector contributes more than and grant solace and fortitude to Sheikh Joaan was honoured dur- 15 percent of overall CSR activities in his family. ing the launch of the fourth edition the country. of the National CSR Report (Leaders’ The report was prepared and pro- Visions) by Qatar University (QU). duced under the guidance of College FM gets The was held under the patronage of Business and Economics at QU of Prime Minister and Interior Min- with input from its students super- call from OIC ister H E Sheikh Abdullah bin Nasser vised by the CSR Committee. It is part bin Khalifa Al Thani. of a memorandum of understand- secretary-general Several leading companies and ing signed between QU and the CSR H E Sheikh Joaan bin Hamad Al Thani, President, Qatar Olympic Committee (QOC), with other officials at community representatives were also Network. the event. honoured for their CSR role. “The report is a valuable tool for DOHA: Foreign Minister H E “QU has always been guided by achieving the vision of the university Sheikh Mohamed bin Abdulrah- social responsibility to achieve its and its partners in line with the four The report will be distributed to techniques. The success was further National Olympic Committee; the man Al Thani yesterday received academic goals, advance its stu- pillars of Qatar National Vision 2030. all Qatari embassies around the world enhanced by drawing participation Ministry of Economy and Commerce; a telephone call from Iyad Ameen dents’ knowledge and build their “It has also gained momentum through the Foreign Ministry — one of new institutions which benefitted Logistic Committee; National Secu- Madani, Secretary-General, capabilities. It continues to deliver through contributions of national of the partners of the report. from the leaders’ instructions, expe- rity Programme (Somod); Abdullah Organisation of Islamic Coopera- on its mission of serving as a bridge institutions. We are proud of the suc- “In its previous editions, the riences and vision to serve society,” Bin Hamad Al Attiyah International tion (OIC). They discussed issues between academia and society. It is cess of our collaboration with Qatar report highlighted the added value said Khalifa S Al Mohannadi, CEO, Foundation for Energy and Sustain- of common concern, particularly also keen to lead the leaders’ visions, CSR Network, primarily in develop- of social responsibility and suc- Qatar CSR.