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Page 01 April 07.Indd ISO 9001:2008 CERTIFIED NEWSPAPER Home | 6 Business | 18 Sport | 28 QMIC’s Fed watching Qatar bagged Connected recent US another gold at Vehicles weakness, the GCC Beach Platform tested. says Dudley. Games. TUESDAY 7 APRIL 2015 • 18 Jumada II 1436 • Volume 20 Number 6393 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 OPINION Board members Condolences offered in Abu Dhabi The region post-Iran likely to lose nuclear deal s there Ia pos- lucrative perks sible change in the dec- ades-old Council approves draft companies’ law US strat- egy in the DOHA: Board members of the top 10,” a senior state official Middle listed entities may see their told the Council’s economic and East, in Dr Khalid Al-Jaber lucrative perks trimmed once a financial affairs panel. particu- new commercial companies’ law A highlight of the draft is that lar with the Mullah regime sees the light of day. it talks of a single-window licens- in Tehran? The present law is being ing system for companies (inves- The outcome of the Iran amended and an article that enti- tors!), covers Islamic sukuks and nuclear talks with P5 + 1 in tles the board member of a listed talks of facilitating family-owned Lausanne has been described company to monetary compensa- businesses to seek listing. The H E Sheikh Thani bin Hamad Al Thani conveyed condolences of Emir H H Sheikh Tamim bin Hamad Al Thani differently by Mohammad tion at the end of his tenure is present law lacks these provisions. and Deputy Emir H H Sheikh Abdullah bin Hamad Al Thani to Ahmed Khalifa Al Suwaidi, Representative of Javad Zarif, Iranian Foreign being removed. Once the new law is in force, the President of the United Arab Emirates, on the death of Mouza bint Abdullah bin Ahmed Khalaf Al Otaiba Minister, John Kerry, US The new law which is in the the Ministry of Economy and in Abu Dhabi yesterday. Secretary of State, and pipeline seeks to make all listed Commerce would install an online President Barack Obama. companies more accountable to system whereby companies would However, diplomatic manip- their shareholders. So, once the be able to get their contracts (with ulation is naturally expected law is in force, annual general their clientele) endorsed by it by the end of any negotia- meetings of shareholders, referred together with the justice ministry. Much ado about nursery sale ad tions. Obama confirmed that to as general assembly in Qatar, Banks and financial institu- Washington will remain com- will become more significant. tions, although licensed and regu- mitted to the security of its A draft law that carries amend- lated by Qatar Central Bank, will DOHA: The local social media The Family Development responsibility,” Al Obaidly said allies and, of course, on top of ments to the commercial companies’ also need licence from the econ- is poking fun at an advertise- Department of the Ministry of in comments published by local them — Israel. law (No 5 of 2002) was approved by omy ministry. Industrial units of ment that appeared in a local Labour and Social Affairs, which Arabic daily Al Raya yesterday. He also assured that his the Advisory Council yesterday. all kinds licensed by the energy Arabic daily recently saying licenses and monitors childcare “You need to check the lan- country will remain obliged The draft has 340 articles ministry will also need approval that a nursery was up for sale. facilities, has also criticised the guage before you accept an ad. with the security of the GCC divided into 13 chapters and seeks from the economy ministry to set What has made people target local newspaper for carrying an The language used in the above ad states on the principles of to allow for six types of companies, up shop and operate. criticise the ad and fun is that the advertisement that solicits buyers is an insult to humans, children Eisenhower to protect the including the most popular one — The draft talks of two types of sale offer in Arabic said that “not for a nursery. in particular.” Gulf. limited liability company (LLC). company owners: founder-own- only the nursery but its staff mem- The Department’s head, Salwa Moreover, the nurseries law Although Obama has A global consultancy was hired ers and subscriber-owners. There bers, its director and the children Al Obaidly, said after she saw com- does not allow a facility to be invited Gulf leaders to a to prepare the draft law and feed- would need to be a minimum of five in its care were all up for grabs”. ments on social media, she asked sold without the permission of her meeting in Camp David this back was also taken from various founder-members of a company while The comments caught the atten- the nursery section of her depart- department, she said. It is because spring to discuss the security state agencies, experts as well as subscribers can be in the thousands. tion of the regulator of crèches ment to see what was going on the licence issued to a nursery is of the Middle East and reas- the business community. Founders can sell their shares, and it unleashed its inspectors with this nursery in Abu Hamour. non-transferable. sured them about the nuclear The government told a panel even partly, only after two years. asking them to see what was Talking of the content of the She said that her department deal with Tehran. of the Advisory Council that the The draft bans insider trad- going on as nursery licences are advertisement which she said was will conduct thorough investi- Continued on page 5 reason for having a new com- ing and defines it extensively and non-transferable. It seems that highly objectionable, she was criti- gation and seek punitive action THE PENINSULA panies’ law was that the World makes it illegal for company offi- as some crèches are up for sale in cal of the newspaper as well. against the nursery, where it Bank placed Qatar at 81st posi- cials with privileged knowledge of the wake of tighter rules to ensure She said: “This is the height seems that the original licensee tion among 190 countries in the company’s secrets not to misuse children’s safety, the regulator is of where a newspaper can take has died and there is internecine INSIDE world in terms of this law. information for personal gain. insisting they can’t be offered for its commercial interest to and fighting in the management. “We want Qatar to rank among THE PENINSULA sale without their approval. treat it above its social or moral THE PENINSULA Page 9 Saudi action in Yemen an ‘expected’ surprise Saudi policeman By Dr Marwan Kabalan Saudi asked for warplanes, troops: Pakistan killed in shootout ISLAMABAD: Saudi Arabia adjunct scholar with the Middle Arabia and the strong response in the main southern city of Aden, RIYADH: A Saudi policeman What after military has asked Pakistan for military East Institute, said earlier from Pakistan?” he asked. “If the officials said. was killed in a gunfight with operation? aircraft, warships and soldiers, Pakistan was hoping to satisfy government wants to send troops More than a third of those “terrorists” in a town populated Pakistani Defence Minister Saudi expectations at a “minimal” to Yemen or Saudi Arabia, what slain in the past 24 hours — 53 by Shias in the east of the king- By Saad bin Tefla Khawaja Asif said yesterday, level. “They’re unlikely to be part will their exact mandate be?” — were killed as rebels tried to dom, the interior ministry said. Al Ajmi at the start of a parliamentary of any meaningful action inside Meanwhile, fierce clashes raged seize a port in the city. At least Three other policemen as well debate on whether Pakistan Yemen,” he said. “Maybe they will yesterday between rebels and loy- 19 Houthis and 15 pro-Hadi mili- as a Saudi and a foreign resident The axis of evil in should get involved in a Saudi- reinforce the border.” alists in southern Yemen, leaving tiamen were killed overnight in were wounded in the incident on led campaign in Yemen. In the debate yesterday, Aitzaz more than 140 dead in 24 hours, the town of Daleh, north of Aden, Sunday in Awamiya, according to the region “Saudi Arabia has asked for com- Ahsan, Senate leader of opposition, as the Red Cross faced delays to officials said, and seven other peo- a ministry statement published By Mubarak Al bat planes, warships and soldiers,” demanded Sharif clarify his com- urgently needed aid deliveries. ple died in the southern province by the official SPA news agency. Abdulhadi Asif said, without specifying where ments. “What does (defence min- The bloodiest fighting occurred of Abyan. It did not identify the foreigner. Saudi wanted them deployed. ister) Khawaja Asif mean by the between rebels and loyalists of AGENCIES The shootout erupted when Arif Rafiq, a Washington-based violation of sovereignty of Saudi President Abdrabuh Mansur Hadi See also page 11 police forces launched a raid on several hideouts in the town based on “evidence they were being used by terrorists,” it said. During Conveyor belt to carry Doha Metro project debris the search, they came under fire from a nearby building. The police Nepal wants Qatar to responded and arrested four Saudis suspected of involvement. They seized ammunition, and commu- recruit skilled labour nication devices, the ministry said. Oil jumps 5pc on DOHA: Nepal has urged Qatar Kathmandu-based online to hire its skilled workforce as newspaper ekantipur.com quoted tempered Iran view well, and insists that orienta- Gurung as saying that in a meet- tion be provided to its citizens ing with H E Dr Abdullah bin NEW YORK: Oil prices jumped going there to take up unskilled Saleh Al Khulaifi, that arranging more than five percent yester- and semi-skilled jobs.
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