QCB Ensures Qatar Banks' Cyber Safety
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BUSINESS | Page 1 SPORT | Page 8 Dutch delight as Verstappen wins Austrian Qatar posts 1.4% GDP growth in Q1 Grand Prix published in QATAR since 1978 MONDAY Vol. XXXIX No. 10867 July 2, 2018 Shawwal 18, 1439 AH GULF TIMES www. gulf-times.com 2 Riyals Amir meets Volkswagen chief QCB ensures In brief Qatar banks’ QATAR | Offi cial Amir sends greetings to Canada, Somalia cyber safety His Highness the Amir Sheikh Tamim bin Hamad al-Thani and His Highness the Deputy Amir Sheikh By Pratap John “Banks in the State of Qatar are re- Abdullah bin Hamad al-Thani sent Chief Business Reporter quired to comply with the require- yesterday cables of congratulations ments of the circular and accordingly, to Governor General of Canada Julie implement a cyber-security framework Payette on her country’s National atar Central Bank has devel- to ensure alignment with the require- Day. The Amir and the Deputy Amir oped a cyber-security strategy ments of the circular. also sent cables of congratulations Qfor the fi nancial sector in the “Banks are also advised to plan for to Somali President Mohamed His Highness the Amir Sheikh Tamim bin Hamad al-Thani met yesterday at his off ice at the Amiri Diwan with the visiting country through encrypting the data- their business continuity and disaster Abdullahi Farmajo on the anniversary Volkswagen Chairman Dr Hans Dieter Poetsch and Chief Executive Off icer Herbert Diess. The meeting dealt with co-operation bases and updating the servers of the recovery,” QCB said in its comprehen- of his country’s Independence Day. relations and prospects of developing them. national payment gateway and associ- sive review of Qatar’s fi nancial system Meanwhile, HE the Prime Minister ated security standards. in 2017. and Interior Minister Sheikh Abdullah Cyber-attacks threaten fi nancial The data back up plans and other bin Nasser bin Khalifa al-Thani sent stability by disrupting the vital func- contingency measures taken by the similar cables of congratulations tions that the fi nancial sector performs banks are continuously monitored by to Canadian Prime Minister Justin for the economy, QCB has said in its QCB. An annual assessment for com- Trudeau and Somali Prime Minister latest 9th Financial Stability Review. pliance to the requirements of this cir- Hassan Ali Khayre. Russia, Croatia advance “As with fi nancial risk, cyber risk cular is being done by QCB. gets amplifi ed due to the inter-con- According to the review, the per- QATAR | Market nectedness of the global fi nancial sys- formance of Qatar’s economy dur- tem,” QCB said. ing 2017 has been characterised by Gold Souq opened QCB has also issued a comprehen- its stable and robust nature. The in Souq Najada with shootout victories sive cyber-security circular to pro- economy quickly rebounded from the The Private Engineering Off ice (PEO) vide guidance to bank users, employ- unjust economic blockade through opened yesterday the Gold Souq in ees, contractors and other authorised relocation and realignment of eco- Souq Najada, which brings together Agencies ensure Croatia won 3-2 and advanced users in Qatar, of their obligatory nomic activities, enabled by prudent 50 jewellery shops under one roof. Moscow to their fi rst quarter-fi nals since the requirements for protecting the tech- economic policies and a sound finan- Following the opening, Managing 1998 World Cup in France. nology and information assets of the cial system. Director of the Private Engineering The dramatic ending followed early bank. The cyber-security guideline, Through the annual publication of Off ice Nasser Rashid al-Nuaimi oalkeeper Danijel Subasic was excitement – but little in between. it said provides measures of how the Financial Stability Review (FSR), Qatar toured the new Souq. Director of the hero as Croatia squeezed In an astonishing start to the match, information assets can be protected Central Bank provides an annual as- Souq Waqif Mohamed al-Salem said Ginto the World Cup quarter- both teams scored within four minutes by implementing controls on these sessment of fi nancial sector’s risks and an off ice for issuing certificates for fi nals with a penalty shoot-out victory via their fi rst attacks. assets. vulnerabilities for the public. the sale of gold will open soon within over Denmark here yesterday. First, Mathias Jorgensen turned the Souq. Page 20 Croatia will now meet Russia in the home in the second minute after quarter-fi nals after the hosts knocked Croatia failed to clear a long throw-in REGION | Confl ict out Spain, 4-3, also on penalties. from Jonas Knudsen, the defender’s On a night of late, late drama Ivan shot creeping under Subasic to give Amir appoints ambassador to UAE halts off ensive Rakitic stroked home the decisive spot- Denmark the perfect start. in Yemen’s Hodeidah kick to ensure the Croats advanced to But any hopes they could hold onto The United Arab Emirates yesterday their lead vanished within 90 seconds. Croatia and representative announced it had halted the off ensive A Sime Vrsaljko cross was ham- it is backing against Houthi rebels in WORLD CUP Russia’s goalkeeper Igor Akinfeev mered by Henrik Dalsgaard into fellow to the League of Arab States Yemen’s port city of Hodeidah to give reacts after saving a shot. Dane Andreas Christensen and the ball a chance to UN diplomatic eff orts. In a fell obligingly in the penalty area to series of tweets, UAE Foreign Minister Yesterday’s results the last eight after the two sides fi nished Mario Mandzukic who scored. is Highness the Amir Sheikh Tamim bin Ha- Anwar Gargash said the pause was Croatia 1 Denmark 1 locked at 1-1 following extra-time. The explosive start – both sides hit the mad al-Thani issued yesterday Amiri Decision aimed at pursuing negotiations for an Croatia win 3-2 on penalties The Barcelona midfi elder’s win- back of the net within three minutes and HNo 50 of 2018 appointing Nasser bin Hamad unconditional rebel withdrawal from Russia 1 Spain 1 ner came after Milan Badelj and Josip thirty seven seconds – was offi cially the bin Mubarak al-Khalifa as ambassador Extraordinary the port but warned that full military Russia win 4-3 on penalties Pivaric saw their penalties saved by quickest two teams have ever scored in a and Plenipotentiary to Republic of Croatia. action could resume. The weeks-long Danish goalkeeper Kasper Schmeichel, World Cup fi nals match. The Amir also issued Amiri Decision No 51 of 2018 off ensive on Hodeidah - Yemen’s Today’s matches who also saved an extra time penalty Earlier, Russia captain Igor Akin- appointing Ibrahim Abdulaziz Mohamed al-Sahlawi main port - has raised fears of further from Luka Modric. feev saved two penalties in a dramat- as Permanent Representative of the State of Qatar to suff ering and deprivation in a country Mexico vs Brazil, 5pm But Danes Christian Eriksen, Lasse ic shootout as the World Cup hosts the League of Arab States. already deeply shaken by years of war. Belgium vs Japan, 9pm Schone and Nicolai Jorgensen were dumped title contenders Spain follow- Nasser bin Hamad bin The decisions are eff ective from the date of issue Page 5 thwarted by Subasic in the shootout to ing a 1-1 tie. Sport Pages 1-4 Mubarak al-Khalifa and are to be published in the offi cial gazette. Marriott stops showing pirated World Cup matches in Saudi hotels By Anthony Harwood number of pilgrims expressed surprise The Riyadh authorities stopped the London Correspondent at the broadcast of pirate channels sale of beIN boxes and banned view- “that are keen on robbing and insulting ers form renewing their subscrip- a Muslim Arab country at a time when tions. n international hotel chain has they paid high sums to book at this lux- So that its sports fans would not lose clamped down on pirate broad- ury hotel”. out they launched a piracy operation Acasts of the World Cup across A Marriott Hotel manager told one the following August, using the Arab- Saudi Arabia after they were discovered of the pilgrims who complained: “We sat station in which Saudi Arabia is the being shown to pilgrims in the holy city thank you for bringing this to our at- largest shareholder. of Makkah. tention and reassure you that we take They managed to steal the beIN feed, Marriott International Hotels says such matters very seriously. superimposing a ‘beoutQ’ logo on top it acted swiftly to shut down the illegal “We have investigated the issue and of the beIN one. transmissions of the rogue pirate chan- can confi rm this has been discontinued Even though beIN was being pirated nel, called beoutQ, as soon as they were with immediate eff ect.” by Saudi Arabia on an industrial scale, discovered. Two weeks ago FIFA launched its the Doha-based channel agreed to The American-based chain then own clampdown, threatening to take broadcast 22 matches across the Mena launched an investigation and dis- legal action against the Saudi Arabia- region for free, so that millions without covered beoutQ was also showing the based station, Arabsat, after it ignored the illegal broadcasts would not miss football at its other hotels in the coun- warnings to stop broadcasting the out. try, and is stopping those broadcasts as tournament’s every game. But this did not stop piracy operation well. Football’s governing body inter- continuing. There are nine Marriott Hotels in vened after complaints by the Qatari- It later emerged that beoutQ was also Saudi Arabia, located in Riyadh, Madi- based channel, beIN Sports, which stealing from the US-based NBC Uni- nah, Jeddah and Makkah.