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Rise of Dollar Benefits Asian Expatriates

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Rise of Dollar Benefits Asian Expatriates BUSINESS | 17 SPORT | 24 ATA Carnet to Amir Cup win at Khalifa bbecomee operational Stadium is ‘crowning from August 1 glory’ of Nam’s career Wednesday 23 May 2018 | 7 Ramadan I 1439 www.thepeninsula.qa Volume 23 | Number 7535 | 2 Riyals PM meets Australian Minister Amir checks Despite siege, Qatar on Palestinian gives healthcare to President’s health QNA DOHA: Amir H H Sheikh entire population Tamim bin Hamad Al Thani held a telephone conversation last evening with the Pres- THE PENINSULA Qatar continued providing ident of the State of Palestine healthcare services to Mahmoud Abbas to check on the entire population, DOHA: Minister of Public Health, his health. including the citizens H E Dr Hanan Mohamed Al of the countries of the During the phone call the Kuwari has stressed that the blockade, based on our Amir wished Abbas speedy unjust blockade imposed on the absolute belief that health recovery and good health and State of Qatar since June 2017 is was a basic human right, wellness. contrary to international conven- and human rights should tions. not be affected by political “Although the blockade differences, Minister of suddenly targeted having Public Health, H E Dr impact on citizens in food and Hanan Mohamed Al Kuwari Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani with Australian medicine but our country said at the 71st session Minister for Agriculture and Water Resources, David Littleproud. They discussed aspects of joint worked to overcome this through of the World Health cooperation and means of supporting and strengthening them in various fields. →SEE ALSO PAGE 2 urgent plans to deal with the sit- Assembly in Geneva. uation with the aim of providing RAMADAN TIMING food and medicine by finding other alternatives,” the Minister development of healthcare Todays Iftar: 6:18 pm said in her speech at the 71st system, good health and well- Tomorrow’s Imsak: 03:09 am session of the World Health being of existing and future gen- Assembly in Geneva yesterday. erations. She said that Qatar was She said that Qatar con- committed to achieve compre- tinued providing healthcare hensive healthcare coverage. Rise of dollar benefits services to the entire popu- The Minister added that in lation, including the citizens of 2008, Qatar had launched its the countries of the blockade, National Vision, which empha- Asian expatriates based on Qatar’s absolute belief sized comprehensive healthcare that health was a basic human coverage to all residents in the Fahes renews right, and human rights should country. “Our country provides SACHIN KUMAR not be affected by political dif- government-subsidized extra, compared to at the strengthened recently supported contract with ferences. Al Kuwari pointed out healthcare services across the THE PENINSULA beginning of 2018, for every variety of factors. The ICE dollar that Qatar under the wise lead- country and is available to all cit- rupee they are remitting back index, which measures the MoI for 5 years ership of Amir H H Sheikh izens and residents.” DOHA: The recent rise in the to their families. dollar against a basket of six Tamim bin Hamad Al Thani was value of dollar has given reason Pakistani rupee was trading other currencies, reached a five- THE PENINSULA working on the continuous →CONTINUED ON PAGE 2 to cheer for expatriates in at 30.10 per Qatari riyal on month high of 94.058 on Qatar, specially Asians. Most January 1 this year and now it Monday. of the Asian currencies have has depreciated to around 31.54 “The dollar has been DOHA: Woqod Vehicles depreciated by around up to 6 against one riyal, showing a gain boosted by the fact US data have Inspection (Fahes) percent in the past four of Rs1.44 per riyal. Similarly, Sri been positive, the Federal announced yesterday that it months, giving expatriates of Lankan rupee also weakened Reserve is expected raise has renewed its contract these countries extra value for around 1.4 percent since the interest rates further during the with Ministry of Interior their money. beginning of this year as the cur- year and the tensions between (MOI) for carrying out the Among the Asians, expa- rency depreciated from 41.80 the US and China on trade issues mandatory annual vehicle triates of Nepal, Pakistan and Sri per riyal at the start of the year have eased,” an analyst with a inspections for five years. Lanka have gained the most as to 43.21 now. local brokerage house told The “Woqod Vehicles currencies of these countries Indian rupee has depre- Peninsula. Inspection (Fahes) is pleased have fallen the most since ciated by around 6.5 percent The American currency is to announce that it has January 1 this year. as the currency has fallen from expected to strengthen in during renewed its contract with A depreciating currency 17.40 per riyal at the beginning the next six months. Ministry of Interior (MOI) augurs well for expatriates of the year to 18.53 now. “The dollar index has for carrying out the man- QIIB Extraordinary General meeting because they get additional The Philippine peso has gained momentum as US datory annual vehicle income because of decline. One fallen around 5 percent to 14.27 interest rates look set to con- inspections for a period of Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani (right), Chairman Nepalese rupee was trading per riyal now from 13.6 per riyal tinue rising and the US five years (2018 – 2023),” and Managing Director of Qatar International Islamic Bank (QIIB), around 27.9 per Qatari riyal at at the beginning of the year. economy remains on solid said Engineer Saad Rashid and Sheikh Abdullah bin Thani bin Abdullah Al Thani, Vice- the beginning of the year while Euro, Bangladeshi taka and footing,” the analyst said. Al Muhannadi, Chief Exec- Chairman, during the third Extraordinary General Meeting of the currency is now trading at Egyptian pound have not shown Rising bond yield has also sup- utive Officer, Qatar Fuel → QIIB at Ezdan Towers, yesterday. REPORT ON PAGE 17 29.62 per riyal. significant fluctuations since the ported dollar. The10-year US (Woqod). PIC: BAHER AMIN / THE PENINSULA It shows that Nepali expa- beginning of this year. Treasury yield had hit the level triates are now getting Rs1.72 American currency has of 3 percent in April this year. →CONTINUED ON PAGE 2 Material used at Al Bayt Stadium named after 2022 FIFA World Cup Qatar DOHA: The unique construction Bedouin tent, will be named after will greet fans once inside the Stadium in Rio de Janeiro, which fabric used in Al Bayt Stadium the iconic 2022 FIFA World Cup stadium. The 60,000-seat hosted the 2014 FIFA World Cup in Al Khor City to resemble Qatar. capacity venue, which is located final, and Allianz Arena, home of the inside of a traditional The state-of-the-art material 60km north of Doha, continues Bundesliga champions Bayern made by Serge Ferrari Group in to take shape with the recent Munich. France will be known across the completion of the primary roof The PTFE for the exterior of world as Bayt Line. steel structure and installation of the stadium was manufactured The stadium design is the inner and outer façade mem- in Germany by Verseidag before inspired by the bayt al sha’ar of brane advancing rapidly. being shipped to Turkey for fab- nomadic peoples who have lived The façade membrane – rication, a process which included WEDNESDAY 23 MAY 2018 SPECIAL SUPPLEMENT in Qatar for generations. Tradi- which will give the stadium its intricate cutting to deliver the Included with tionally, the tents of nomadic tent-like appearance – is made final tent shape. The interior tribes and families in Qatar could from an innovative material material was manufactured in today’s edition is a be identified by black stripes, like called polytetrafluoroethylene France before being shipped to those that will feature on the (PTFE), which has been used for Turkey for the same process. special supplement arena’s distinctive exterior, and similar developments around the A view of the Al Bayt Stadium in Al Khor City resembling the inside by the vibrant sadu patterns that world, including the Maracaná →CONTINUED ON PAGE 2 of a traditional Bedouin tent. →PAGE 14 →PAGE 15 →PAGE 15 02 HOME WEDNESDAY 23 MAY 2018 Qatar and Australia review bilateral relations Minister meets outgoing Argentine Ambassador Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim Mohammed Al Thani, met yesterday the visiting Australian Minister for Agriculture and Water Resources, David Littleproud, and his accompanying delegation. During the meeting, they reviewed the bilateral relations and discussed aspects of joint cooperation, especially in the field of economic, trade and investment, and means of developing them. The meeting also discussed developments on the subject of Australian livestock exports to the Middle East. Minister of Municipality and Environment, H E Mohamed bin Abdullah Al Rumaihi, met yesterday with the Ambassador of the Argentine Republic to the State, Rossana Cecilia Surballe, on the occasion of the end of her term of office. The Minister also met with the Ambassador of the Republic of Hungary to Qatar, Fodor Barnabas, and discussed with him ways to enhance cooperation between Despite siege, Qatar gives Qatar and Hungary in areas of mutual interest. healthcare to entire population CONTINUED FROM PAGE 1 ‘Night Market’ to facilitate “Qatar has witnessed in last few years a significant expansion in the number of healthcare services and facilities meeting 60 start-up businesses high standards of quality,” said Minister of Public Health, H E Dr THE PENINSULA Hanan Mohamed Al Kuwari.
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