ISO 9001:2008 CERTIFIED NEWSPAPER Thursday 13 June 2013 4 Shaaban 1434 - Volume 18 Number 5729 Price: QR2 Tasweeq, Pearl Ibra steers load first GTL Sweden jet fuel cargo to victory Business | 17 Sport | 26 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Dusty weather to continue Erdogan open to vote Qatar bourse on park development ANKARA: Turkish Prime Minister Recep Tayyip Erdogan yesterday said he would con- sider holding a referendum on plans to redevelop shoots up on an Istanbul park that have sparked nationwide protests, in his first major concession in nearly two weeks of anti-government unrest. “We might put it to a referendum.... In democ- racies only the will of the people counts,” said MSCI upgrade Huseyin Celik, a spokesman for Erdogan’s rul- ing Justice and Development Party after talks between Erdogan and protest leaders. “We think Index at highest point since 2008 that after this gesture of goodwill people will decide to go home.” BY SATISH KANADY made by Qatar Exchange over The gesture came as thousands gathered in the past years to meet the MSCI the city’s Taksim Square, next to Gezi Park, for DOHA: Qatar’s stock mar- requirements, in terms of the a 13th evening of demonstrations. The mood was ket jumped to its highest level development of the market infra- subdued and peaceful, in stark contrast to the since September 2008 yesterday structure and the implementation previous night when protesters fought running after an upgrade to emerging of a number of important projects battles with riot police. market status from frontier- and initiatives, which were wel- A campaign to save the park’s trees from being market status by index com- comed by the international finan- razed to make way for a replica of Ottoman-era piler Morgan Stanley Capital cial and investment institutions.” Municipality workers planting saplings on roadsides in Al Hilal area during dusty weather military barracks was met with a heavy-handed International (MSCI). The The UAE too was elevated yesterday. The Meteorology Department has forecast strong winds and low visibility due to police response on May 31. The crackdown sparked upgrade is expected to give to the emerging market status. dust in different parts of the country today, with maximum temperature at 42 degrees Celsius. outpouring of anger against Erdogan. AFP a significant boost to foreign MSCI, whose equity indexes are SALIM MATRAMKOT investment in Qatari shares. tracked by investors with about The much-awaited reclassi- $7 trillion in assets, will promote fication was announced late on both countries from frontier- Tuesday after MSCI’s 2013 Global market status as of May 2014. US eases curbs Market Accessibility Review. MSCI’s decision is an impor- Kuwait supermarkets boycott Iran goods The announcement had an tant step in developing Qatar as a immediate impact on Qatar’s mar- destination for equity investment on Syria rebels KUWAIT CITY: Several One announcement said that 70 percent of the 1.2 million ket as the local bourse’s bench- and helps support the markets. WASHINGTON: The US Kuwaiti supermarket chains the next step in the campaign Kuwaitis, have been angered by mark index surged to 9,517.95 The index compiler said: “MSCI eased restrictions on trade with have begun boycotting products would be to dismiss Iranian the Syrian government onslaught points, adding 163.45 points or welcomes the progress made to Syria’s opposition yesterday, in from Iran for its support of the labourers working at societies and on Sunni rebels and the support 1.75 percent yesterday. Among the date and the further commit- a move to help supply the criti- Syrian regime, while activists cancel their residency permits. Assad has received from Iran and top gainers were Qatar National ment of the Qatari authorities to cal needs of Syrians in “liber- staged a demonstration against Around 50,000 Iranians work Hezbollah. Bank, up 4.02 percent to QR155.40, increase the Foreign Ownership ated areas.” the involvement of the Lebanese in Kuwait, mostly in low-paid Around a dozen top Kuwaiti Industries Qatar, which rose 2.66 Limit (FOL) levels applied by The new waivers to general Hezbollah movement in the jobs. Iranian exports to Kuwait Sunni clerics have launched an percent to QR166.20, Commercial Qatari companies. sanctions on the country allow conflict. are not huge and mainly comprise online campaign to raise funds Bank of Qatar, which gained 1.13 “While the current level of for- companies to supply software, At least nine cooperative con- fish and food products. enough to arm 12,000 fighters and percent to QR71.30 and Qatar eign ownership in Qatari shares technology, reconstruction and sumer societies out of 50 in the Meanwhile, dozens of Islamist send them to Syria. Each fighter Electricity and Water, up by 6.15 is well below the limit, the Qatari power generation equipment, as Gulf state published announce- activists demonstrated outside is estimated to cost $2,500. percent to QR157.10. authorities should actively con- well as farm and food production ments in the local media yester- the Lebanese embassy against The GCC said on Monday that “The decision is a positive tinue to increase them above equipment, to opposition-control- day that they had taken Iranian the military intervention of Shia it will take measures against step towards development of 25 percent in order to mitigate led areas. products off their shelves in pro- Hezbollah fighters on the side Hezbollah members. The meas- Qatar Exchange and in attract- potential issues arising from These items also aim to facili- test against Tehran’s backing of of Syrian regime forces against ures will affect their “residency ing foreign investments,” said increasing foreign capital inflows,” tate reconstruction in liberated President Bashar Al Assad. rebels. permits, and financial and com- Qatar Exchange CEO Rashid it noted. areas and allow companies to buy Cooperative societies control a Protesters burned posters of mercial transactions,” said a GCC Ali Al Mansoori. “It reflects the THE PENINSULA oil from the opposition, the State majority of the retail consumer Hezbollah chief Hassan Nasrallah. statement, citing a ministerial recognition of the positive steps See also page 17 Department said. AGENCIES market in Kuwait. Sunnis, who form more than council decision. AFP This summer a heat wave of savings is heading to Nissan showrooms. MicraMicra startingstarting fromfrom Tiida startingting fromfrom SunnySunny startingstarting fromfrom 42,000 QAR* 54,500 QAR* 45,000 QAR* 5 • Free fully comprehensive insurance for the first year* • 1-year or 20,000km free service** Permit No. 2013/295 • Free registration* facebook.com/NissanME /NissanME Leasing, Trade-in and finance options are available. Test drive your favourite Nissan today. SALEH AL HAMAD AL MANA CO.(Exclusive Distributor) Main Showroom - Salwa Road Tel: 4428 3333, Al Sadd Showroom Tel: 4444 1334, Bin Omran Showroom Tel: 4488 8618 This offer is valid on all Nissan vehicles except Patrol and Commercial Vehicles Showroom Timings: 8:00am to 9:00pm (Sat-Thu); 4:00pm to 9:00pm (Fri). Offer valid for retail customers only. *Terms and conditions apply **Whichever comes first. THURSDAY 13 JUNE 2013 HOME www.thepeninsulaqatar.com 03 Qatar Airways’ first superjumbo takes shape at Toulouse plant Passengers queuing at the Doha International Airport. Travellers urged DOHA/TOULOUSE: Ahead materials and construction capital next week with Qatar of the planned 2014 delivery techniques to provide a supe- Airways having a strong pres- of the first Qatar Airways rior traveller experience and ence at the event starting on Airbus A380-800 on order, the fuel efficiency. June 17. airline yesterday released the Qatar Airways has 13 Airbus “The Oryx is a symbol of first image of the aircraft in A380s on order with plans to grace and symbolises Qatar’s partial livery (pictured) from operate them on popular routes, traditions and to see it deco- to check in early the manufacturer’s Toulouse especially in slot-constrained rating the tailfin of one of the assembly line in France. airports. world’s most advanced aircraft With three classes of seating The release of the photo should be a source of pride DIA call to use online facility during summer holidays over two decks of the luxurious comes ahead of the Paris Air for our people and our coun- wide-body aircraft, the A380- Show, one of the world’s biggest try,” said Qatar Airways Chief DOHA: Due to heavy passen- are as follows: Morning: 0700hrs time depending on the airline. 800 is the largest passenger jet aerospace events, taking place Executive Officer Akbar Al ger traffic expected at the Doha – 0930hrs, Afternoon: 1600hrs Check-in can be done at home, in the world using the latest in Le Bourget in the French Baker. THE PENINSULA International Airport (DIA) – 1800hrs, Evening: 1900hrs office or anywhere through their during the forthcoming summer – 2300hrs. mobile devices. Passengers can also holidays, passengers travelling The airport will have additional print their boarding passes before at peak hours have been advised staff in the departures and arrival arriving at the airport to reduce to arrive at the airport at least terminals and open more check- their check-in time upon arrival. four hours before their flight to in counters to reduce queues, There are three airport lounges avoid unnecessary delays. ensuring passengers continue to for passengers to use at DIA. Two With schools starting to close enjoy a pleasant experience at the lounges are for Qatar Airways’ for the summer holidays, the air- airport. Privilege Club frequent flyer port anticipates a very busy turn- To reduce traffic congestion and members and the Oryx lounge is out over the next few weeks.