Qatar Pledges 10,000 Jobs and $500Mn Aid Package for Jordan
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BUSINESSBUSINESS | Page 1 SPORT | Page 8 Langer’s Australia reign begins Chamber chief expects with loss to ‘further growth’ in Qatar-Oman trade ties England published in QATAR since 1978 THURSDAY Vol. XXXIX No. 10849 June 14, 2018 Ramadan 29, 1439 AH GULF TIMES www. gulf-times.com 2 Riyals Summer Entertainment In brief City at DECC all set to welcome visitors Amir to receive Exclusive this year: food and beverages and other exciting Eid well-wishers sport based activities. His Highness the Amir Sheikh Tamim Summer Shopping “New off erings such as the ‘kids dig- bin Hamad al-Thani will receive Eid Souq, biggest virtual ital playground’ have never been here al-Fitr well-wishers at Al Wajbah before,” he added. “The world’s largest Palace on the first day of the Eid, the reality setup and bouncy castle is here and an 18-hole Amiri Diwan announced yesterday. football fan zone indoor mini gold course has also been The Amir will receive them set up for the visitors.” according to the following order: Ahmed noted that SEC also hosts Immediately after the Eid prayer he Summer Entertainment City more than 40 food outlets, which will until 6:15am, the Amir will receive (SEC) is all set to welcome Qatar off er a variety of fl avours. their excellencies Sheikhs, ministers, Tresidents and visitors tomorrow, This year’s SEC will also feature a the Speaker of the Advisory Council, with an array of entertainment and ‘Summer Shopping Souq,’ a premium ministries’ undersecretaries, cultural shows, and fun-fi lled activities shopping experience bringing more HE the Deputy Prime Minister and Minister of Foreign Aff airs Sheikh Mohamed bin Abdulrahman al-Thani meeting with members of the Advisory Council over Eid al-Fitr holidays. than 140 retail shops, he added. Jordan’s King Abdullah II bin al-Hussein in Amman yesterday. He delivered a verbal message of His Highness the Amir Sheikh and citizens. From 6:15am to 6:30am, SEC, organised by QSports as part of “We try to mix it up so that the Tamim bin Hamad al-Thani to the Jordanian king. heads of diplomatic missions. the Qatar Summer Festival (QSF) 2018, whole family can enjoy, in addition to From 6:35am to 6:45am, the Armed promises to be the biggest indoor en- the live stage performances,” Ahmed Forces and police off icers as well tertainment facility in the country with stressed. Organisers will also engage as directors of departments and 75 activations and diff erent gaming op- 40 embassies such as the Philippines, national institutions. The Amir will tions at the Doha Exhibition and Con- Ethiopia, Indonesia, Kenya, China, also receive immediately after vention Centre (DECC). Malaysia, and India, among others, the Asr prayer to 4:15pm their “This year we tried to bring a very who will hold cultural shows. Qatar pledges 10,000 excellencies Sheikhs and citizens. diff erent fl avour, with one of the most “There is a daily calendar (of activi- advanced virtual reality zones and ties and shows), we have a total of more there are about 12 skill games and a than 700 slots for performances and US Treasury yields rise dedicated football fan zone to celebrate we have lined up more than 300 so far,” as Fed raises rates the 2018 FIFA World Cup Russia,” Ahmed noted, adding that roaming jobs and $500mn aid US Treasury yields jumped and Wall QSports founder and board member shows will also be entertaining visitors. Street reversed earlier gains to close Adil Ahmed, who is also SEC’s project In a statement, QSports deputy lower yesterday, after the Federal director, told Gulf Times. chairman Ghanim al-Mohannadi said Reserve raised interest rates and Football fans will be able to keep up SEC is a major family friendly, business signalled that two more hikes could with World Cup excitement at the fan and touristic event that brings together be coming this year. Ten-year US zone, which will occupy 1,000sq m of many locals and expatriates in a cool in- package for Jordan Treasury note yields hit a one-week space and features the robot goalie for door area amid the hot summer weather. high, while two-year note yields the fi rst time in Qatar. It will also off er To Page 28 QNA istry of Foreign Aff airs said the move ciples and genuine Arab values, the rose to a three-week peak after the Doha comes “in light of the diffi cult eco- statement underlined. Fed’s decision to raise its benchmark nomic circumstances and challenges Jordan plays a strategic, histori- overnight lending rate a quarter of a experienced by the sisterly Hashemite cal and popular role, especially in the percentage point, to a range between atar will provide 10,000 jobs Kingdom of Jordan”. preservation of Islamic and Arab rights 1.75% and 2%. Business Page 1 for Jordanian youth to help “The State of Qatar is focusing its in the Holy City of Jerusalem, which Mexico, Canada happy to host Qthem achieve their aspirations support on projects of a sustainable fall under the Hashemite Custody and and contribute to the economy of their nature to create a foundation on which the support of Qatar to Jordan at this Trump, Kim accept each country. the Jordanian economy has been based time is a support for this fi rm stand other’s invitation to visit 2026 World Cup with US Qatar also announced a $500mn for years, and focuses on supporting and steadfastness, the statement said. US President Donald Trump and investment package earmarked to young people who are the hope of the It expressed Qatar’s confi dence in North Korean leader Kim Jong-un Reuters Trump, Mexican President Enrique support infrastructure and tourism future and the driving force of produc- the ability of Jordan and its brotherly accepted mutual invitations to Moscow Pena Nieto and Trudeau all took to projects in Jordan. tion, as demonstrated by the experi- people to overcome this stage, “which visit each other’s countries at the Twitter to post their reactions to the His Highness the Amir Sheikh ences of a number of emerging econo- will only increase their cohesion and Singapore summit, North Korean news. Tamim bin Hamad al-Thani sent a mies,” the statement said. determination to build their homeland news agency KCNA reported he leaders of Mexico and Canada “The US, together with Mexico verbal message to Jordan’s King Ab- Qatar’s offer include the creation beyond the challenges of the present”. yesterday. “Kim Jong-un invited gleefully cheered winning the and Canada, just got the World Cup. dullah II bin al-Hussein, pertaining to of employment opportunities for In recent days, Jordan has wit- Trump to visit Pyongyang at a Tright to host the 2026 World Cup Congratulations - a great deal of hard bilateral relations and means of boost- Jordanian youth and the implemen- nessed protests against price rises and convenient time and Trump invited jointly with the United States yester- work!” Trump said. ing them. tation of projects in Jordan through a proposed tax hike as the government Kim Jong Un to visit the US,” the day, emphasising unity at a time when Pena Nieto posted a video to his The message was conveyed by HE the establishment of an investment pushes austerity measures to slash the news agency wrote. “The two top US President Donald Trump has frayed Twitter feed in which he said: “Football the Deputy Prime Minister and Minis- fund for infrastructure and tourism country’s debt. leaders gladly accepted each other’s relations with the two neighbours dur- knows that Canada, the United States ter of Foreign Aff airs Sheikh Mohamed projects. Jordan blames its economic woes invitation, convinced that it would ing his 18 months in offi ce. and Mexico are deeply united.” bin Abdulrahman al-Thani, during a Qatar, in its support and standing on instability rocking the region and serve as another important occasion Trump, who as part of a tougher US Trudeau told reporters in Ottawa: meeting with the king. alongside Jordan, government and the burden of hosting hundreds of for improved DPRK-US relations.” immigration policy has called for a wall “It’s an opportunity to bring the world HE the Minister of Finance Ali Sher- people, stressed the strong, historical thousands of refugees from war-torn Page 18 to be built on the country’s southern together and highlight how well things if al-Emadi attended the meeting. and fraternal relations with brotherly Syria, complaining it has not received border and paid for by Mexico, just work between Canada, Mexico and the In a statement yesterday, the Min- Jordan and its well-established prin- enough international support. days ago personally insulted Canadian United States.” Prime Minister Justin Trudeau over a The North Americans pledged their trade dispute. tournament would generate an $11bn US Soccer Federation President Car- profi t for FIFA - greater than any previ- los Cordeiro suggested to reporters on a ous World Cup fi nals - a fi nancial shot conference call that bringing the three in the arm for world soccer’s governing New inventory management system launched countries together was more of a chal- body, which has been rocked by a cor- lenge than any Trump eff ect. ruption and bribery scandal ensnaring QNA goods, determine the percentage of monitoring mechanism for the coun- “If you stop and appreciate for a sec- top offi cials. Doha imports, identify the sources of import try’s strategic food commodities and ond just the vast number of assurances, The tournament, which will be ex- of strategic goods, as well as identify- selected consumer goods.