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S&P Affirms Qatar's Sovereign Ratings with Stable Outlook

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S&P Affirms Qatar's Sovereign Ratings with Stable Outlook SUNDAY MAY 12, 2019 RAMADAN 7, 1440 VOL.12 NO. 4631 QR 2 WINDY Fajr: 3:27 am Dhuhr: 11:30 am HIGH : 37°C Asr: 2:58 pm Maghrib: 6:13 pm LOW : 20°C Isha: 7:43 pm MAIN BRANCH LULU HYPER SANAYYA ALKHOR RAMADAN TIMING Sports 16 Doha D-Ring Road Street-17 M & J Building TODAY IFTAR TOMORROW IMSAK MATAR QADEEM MANSOURA ABU HAMOUR BIN OMRAN Defending champs Al Near Ahli Bank Al Meera Petrol Station Al Meera 6:13PM 3:16AM Duhail face uphill task alzamanexchange www.alzamanexchange.com 44441448 Get your Box of Joy every day on Ooredoo App UN RE-APPOINTS SHEIKHA MOZA Most people S&P affirms Qatar’s in ME support AS SUSTAINABLE DEVELOPMENT online freedom GOALS ADVOCATE sovereign ratings of expression, finds survey TRIBUNE NEWS NETWORK with stable outlook DOHA A majority of nationals in the Agency keeps Qatar’s Middle East generally support online freedom of expression long-term credit and there has been an increase in the percentage of nationals rating at AA- who feel that film and TV con- tent from the US/Hollywood is RAHUL PREETH good for morality, a new study DOHA by Northwestern University in Qatar has found. CREDIT rating agency Stand- Everette E Dennis, dean ard and Poor’s (S&P) has kept and CEO of NU-Q, said, “Since the long-term issuer credit 2013, NU-Q has selected six rating for Qatar at AA- with a by (some of its neighbours),” support after liquidity injec- to eight countries to approxi- stable outlook, citing govern- credit analyst Benjamin J tions of about $40 billion from mate a reasonable representa- TRIBUNE NEWS NETWORK development by 2030, the Secretary-General’s ment’s sizable infrastructure Young wrote in S&P’s overview the Qatar Central Bank (QCB) tion of public opinion on me- DOHA SDG Advocates will use their unique platforms programme, economic resil- released on Friday. and the Qatar Investment Au- dia use and related topics in a and leadership to inspire cross-cutting mobiliza- ience and domestic political “Qatar will continue to thority (QIA). turbulent and complex region. UNITED Nations Secretary-General Antonio Gu- tion of the global community. and social stability. pursue prudent macroeco- The agency could increase Six years of feedback suggests terres has re-appointed Her Highness Sheikha During the announcement, Guterres, said: This means, according to nomic policies that support Qatar’s rating even higher if it that our research has gener- Moza bint Nasser, along with 16 influential “The Advocates will be important partners for S&P, Qatar’s capacity to meet large recurrent fiscal and ex- sees more transparency and ated useful and discerning public figures, as part of the 2019-2020 class the Hub as they will be taking our messaging its financial commitments is ternal surpluses over 2019- further strengthening of polit- findings.” of Sustainable Development Goals’ (SDGs) out into the world, amplifying our initiatives, quite strong. 2022,” he added. ical institutions in the future, The participating countries Advocates. participating in our events, and will be feed- The agency has kept Qa- “We believe the Qatari it added. — Egypt, Jordan, Lebanon, Qa- This new class of advocates is commit- ing into our work streams. We look forward to tar’s short-term credit rating authorities have sufficient re- Qatar’s external balance tar, Tunisia, UAE, and Saudi ted to raising awareness, inspiring greater working and partnering closely with them going at A-1+, the highest grade re- sources to continue manag- sheet remains strong, with liq- Arabia — represent a cultural ambition and pushing for faster action on the forward.” served for obligors with an ex- ing the consequences of the uid external assets continuing and geopolitical cross-section SDGs, which were adopted by world leaders on Sheikha Moza has been selected for a tremely high capacity to meet boycott. We project Qatar will to offset the country’s stock of of the MENA region. September 25, 2015. second time to be an Advocate of the Sustain- its financial commitments. continue to generate surpluses external debt by a sizable mar- As per the survey, fewer na- Peace, prosperity, people, planet, and able Development Goals, in recognition of her “The stable outlook primar- in its budgetary and external gin, the report said, adding tionals now than in 2014 say partnerships are the principles at the heart of leading role in providing quality education, ily reflects our view that Qatar accounts over our 2019-22 rat- that it expects government’s films and TV content from the the Sustainable Development Goals, which also youth empowerment, and human development will continue to effectively miti- ing horizon.” policies to continue support- Arab region are good for morali- drive the new class of SDG Advocates. To build through her initiatives at the local and interna- gate the economic and financial The report said S&P did ing economic growth. ty, while more nationals say such the momentum for transformative, inclusive tional level. fallout of the boycott imposed not expect Qatari banks to content from the US/Hollywood on the country in June 2017 seek additional government Continued on page 13 Ô is good for morality. PAGE 20 Vodafone Qatar to launch first British MPs call for robust 5G smartphones in the region attack on pirate beoutQ VODAFONE Qatar continues to mark 5G milestones, as the telecom provider will A Committee of UK MPs has questioning Saudi Arabia’s daily Yousef al Obaidly, CEO be the first in the region to make highly called for a “robust attack” theft of intellectual property of beIN Media Group, said, anticipated 5G smartphones available on beoutQ, the Saudi Arabia- from some of the most famous “This latest development to its customers. Vodafone Qatar will backed pirate TV operation, af- UK sports and entertainment in the global fight against open pre-orders for a limited number of ter it was revealed in Parliament companies. In response, Jeremy beoutQ is hugely significant, CLASSIC CARS the Xiaomi Mi MIX 3 5G starting May that the illegal operation steals Wright QC, DCMS Secretary of as it represents a critically im- 14, Tuesday. Sheikh Hamad Abdulla al content from 100 UK-based TV State, confirmed that a number portant call from a Parliamen- ON DISPLAY Thani, CEO of Vodafone Qatar, handed channels, including the BBC. of UK government departments tary Committee of MPs for the over the first locally available Xiaomi Mi MIX 3 5G to Adel Ali bin Ali, chairman & Giles Watling, a Member are “pursuing this matter” and UK govt to intervene with the AT SOUQ WAQIF president of Ali Bin Ali Holding that operates Galeries Lafayette Doha, in the pres- of the Digital, Culture, Media “the [UK] embassy in Riyadh is Saudi government to stop the ence of Nabeel Ali bin Ali, vice-chairman & EVP of the Group. PAGE 2 and Sport (DCMS) Select Com- speaking to the Saudis on this continued daily theft of valu- AL RAYYAN TV mittee led a chorus of voices subject”. able UK brands.” (TNN) Qatar’s architectural marvel turns safe nesting spot for falcons SANTHOSH CHANDRAN buildings. The bird lays 3-7 DOHA Eurasian Kestrel eggs in a year that takes al- brings prey for most four weeks to hatch. The QATAR’S iconic structure the chicks hatchlings are fed with chicks Interchange 5/6 on Lusail of other birds, small rodents, Expressway is receiving the and rarely lizards,” Medam- attention of bird watchers as mal, the falcon researcher, this tallest landmark in the told Qatar Tribune. city turned a nesting spot of Kestrels are the smalles falcons. among falcons, the national Noted Indian falcon re- bird of the country. Eurasian searcher Zubair Medammal Kestrel, scientifically called found the nesting of Eurasian Falco tinnunculus is a relatively Kestrel, a species of falcon, Azeez, former Director of Salim house driver staying nearby the which there is intense traffic small-sized bird species with during his visit to Doha. Ali Centre for Ornithology & falcon nesting site. round the clock is first time wide range of distribution in Medammal, Assistant Pro- Natural History in India arrived “Nesting of falcons on seen in the country. These Asia, Africa and Europe. fessor, Department of Zoology, in Doha after he was informed such a manmade, metallic and birds normally nests on ledges University of Calicut and PA by Rafeeq Kuttippuram, a fully exposed structure below on cliffs, trees and also top of Continued on page 2 Ô 02 Sunday, May 12 , 2019 Contact US: Qatar Tribune I EDITORIAL I Phone: 40002222 I ADMINISTRATION & MARKETING I Phone: 40002155, 40002122, Fax: 40002235 P.O. Box: 23493, Doha. MARRI MEETS FRENCH COUNTERPART Vodafone Qatar to launch first 5G smartphones in the region Adel Ali bin Ali receives the first XiaomiMi MIX 3 5G smartphone TRIBUNE NEWS NETWORK notch full display screen. Adel Ali bin Ali said, “As a DOHA With each purchase of the brand, Galeries Lafayette is a XiaomiMi MIX 3 5G priced at trendsetter and all about exclu- VODAFONE Qatar continues to QR3,999, customers will get sivity. It is a great opportunity mark 5G milestones, as the tel- a Galeries Lafayette Doha gift for Galeries Lafayette Doha to ecom provider will be the first voucher worth QR1,500. In ad- cooperate with Vodafone Qa- in the region to make 5G smart- dition, customers who sign up to tar in unveiling this landmark Qatar’s Attorney-General HE Dr Ali bin Fetais al Marri, who is currently visiting Paris, on Saturday phones available to customers. Vodafone Red Me and above post- upgrade in mobile network met with his French counterpart Francois Molins.
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