Festivities mark Commercial Bank QND celebrations page 16

wednesday, december 18, 2019

28,284.77 10,340.37 41,352.17 1,480.70 +48.88 pts +118.19 pts +413.45 pts Gold +0.01% QND an opportunity to express Dow QE sensex Qatari people’s gratitude: QC page 15 Price percentage Price percentage 17.06 Brent 66.08 +1.13% WTI 60.88 +1.11% Silver -0.34% QP concludes second specialised leadership programme Centralised Shariah board to bolster Qatar’s Islamic fin sector

Rahul Preeth Its nonbanking financial Doha institutions (NBFIs), consist- ing of financing and invest- The planned introduction of ment companies, reached a a centralised Shariah super- combined asset value of just visory body will strengthen over $1 billion, it added. Qatar’s Islamic finance sector, “With all these develop- which accounts for more than ments, Qatar has the neces- a third of the country’s total fi- sary foundation to take its nancial system assets, a report Islamic finance industry to has said. the next level while benefiting Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum HE Saad Sherida al Kaabi with officials and staff at an event in Doha on Tuesday. According to the Qatar Fi- from the experience of other nancial Centre’s (QFC) Islamic Islamic finance markets.” Finance Hub report 2019, the Qatar’s Islamic capital Islamic financeindustry’s total market consisted of $20 bil- assets grew by a CAGR (com- lion in sukuk outstanding and pound annual growth rate) of $399 million in Islamic as- 8 percent since 2015 to reach QP honours more than $129 billion in the first half of 2019. This constitutes 33 percent of Qatar’s total financial sys- tem assets, it added. 450 frontline leaders A centralised Shariah body $129 bn will create a more consistent Tribune news network one in Qatar Petroleum needs Shariah governance frame- worth assets DOHA to apply their newly learnt work that aligns Shariah com- knowledge and skills in the pliance across the industry According to QFC’s Islamic Qatar Petroleum has hon- We know that many workplace. and reduce Shariah risk of the Finance Hub report 2019, the oured more than 450 frontline companies can buy the best “This is a new culture that Islamic banks’ products and Islamic finance industry’s total leaders who have completed we need to build in order to services. assets grew by a CAGR an 18-month specialised lead- systems and machines, but enjoy greater speed and agil- “It will also facilitate ar- without well-qualified, (compound annual growth ership programme, the second ity as an organisation, and to bitration and the settlement rate) of 8 percent since 2015 of which it has organised for skilled, and motivated take our place on the global of disputes between Islamic to reach $129 billion in the its senior employees. people operating and stage,” he added. banks and other stakehold- first half of 2019 The event was held at the managing them, they will Kaabi reiterated that in- ers,” the report said. Qatar National Convention get nowhere vestment in leaders will con- Currently, a decentralised Centre under the patronage of tinue as learning becomes a Shariah governance structure HE Saad Sherida al Kaabi, the Minister of State for Energy never-ending journey at QP. is in place, in which individual Minister of State for Energy Af- Affairs HE Saad Sherida al Each of the mandatory Shariah board’s rule on the ac- fairs, the President and CEO of Kaabi leadership programmes was ceptability of Shariah-compli- Qatar Petroleum, and was at- customised to Qatar Petrole- ant financial products and ser- tended by Qatar Petroleum’s many companies can buy the um and co-designed in a part- vices is left to internal Shariah executive leadership team, QP best systems and machines, nership between QP’s Hu- boards. said in a statement on Tuesday. Minister of State for Energy Affairs, the President and CEO of Qatar but without well-qualified, man Capital Directorate and Besides a centralised Sha- Kaabi congratulated the Petroleum HE Saad Sherida al Kaabi speaks at an event in Doha on skilled, and motivated peo- top business schools. More riah board, the report said participants and thanked Tuesday. ple operating and managing programmes are planned for QFC’s collaboration with Ma- them for their commitment to them, they will get nowhere.” 2020 to address emerging laysia and Turkey to establish development and for their ef- troleum’s vision of becoming gas companies in the world. Kaabi stressed that learn- priorities and needs, QP said Islamic finance hubs in their forts to help achieve Qatar Pe- one of the best national oil and He said, “We know that ing matters, and that every- in the statement. respective regions by us- ing common technology and other such efforts will further strengthen the sector. “Qatar has been rapidly sets under management in H1 developing its Islamic finance 2019, the report said, adding 2020 budget expenditures to boost real estate market industry and is poised to be- that the government remains come a leading hub for the sec- the most active player in the Tribune news network controlling approximately Such delivery plan com- the report pointed out. tial buildings. tor,” the report said. sukuk market. Doha 43 percent of gross expendi- prise infrastructure projects In conjunction with this, Al-Daayen municipal- Islamic banking in Qatar, “Qatar is well-positioned ture. across the state, including Real Estate Registration De- ity recorded the highest deal amounting to $107 billion in to seize on its potential of be- The recently promulgated This affirms Qatar’s public roads, sanitation, ret- partment at the Ministry of in terms of value by sell- assets in H1 2019, is also being coming a leading intercon- general annual budget of commitment to provide the rofitting and refurbishment Justice reported a sales vol- ing a multi-use land plot in transformed in terms of its in- nected Islamic finance hub,” 2020 has reflected the high- financial allocations nec- of roads, drainage, mainte- ume of 64 transactions with Al Kheisa spreading over stitutions, the report said. QFC CEO Youful Mohamed al est budgeted expenditure essary to complete major nance and operation pro- a total value of approximate- an area of 19,300 square “Qatar’s first bank merger, Jaida said. in the past five fiscal years, projects in various sectors, jects, the report said. ly QR382 million, distribut- meters, at an average price between International Bank of “Globally, Islamic finance which in turn thrusts the real especially in infrastructure, Over the forthcoming ed among seven municipali- of QR270 per square foot, Qatar and Shariah-compliant has blossomed in size over estate growth; an important the report noted. five years, the state will be ties during the period from with an aggregate amount of Barwa Bank, resulted in the recent years to reach an esti- contributor to the economic The report on real estate budgeting around QR12 bil- December 8 to 12 2019. QR56 millio. newly reconstituted Barwa mated value of $2.4 trillion growth, Ezdan Real Estate activity indicated that one of lion to develop new lands The seven municipalities In terms of value for the Bank.” and holds significant future Company said in its weekly the main drivers of the real owned by nationals through are Umm Salal, Al Khor, Al sale, Doha ranked second by Qatar’s $1 billion takaful promise. report on Tuesday. estate market activity is the providing water, power and Thakhira, Doha, Al Rayyan, selling a house in the Pearl sector outperformed conven- QFC has identified the seg- The budget revealed an annual budget, which in- sanitation supply networks, Al Shamal, Al Daayen and Qatar zone spreading over an tional insurance in terms of ment as key to realizing the increase in expenditure ear- cluded awarding of new pro- roads and all other facilities Al Wakra. The transactions area of 1,933 square metres, growth over the past two years, institution’s Strategic Vision marked for major projects jects worth QR8.5 billion, in 13 different zones to be ac- cover land plots, housing with an average price per mainly driven by Islamic sub- and has given priority for the at QR90 billion, account- mainly delegated to Public complished and delivered to units, multi-use buildings, square foot high QR2,403, sidiaries of Qatari insurance sector’s development on its ing for 0.6 percent increase, Works Authority (Ashghal). citizens as per a timeframe, multi-use space and residen- totaling QR50 million. operators, the report said. platform.”

Quick read Qatar exchange gains 118 points Telefonica to drastically reduce Huawei kit for its 5G Qatar Stock Ex- change (QSE) index pain’s Telefonica the global market leader, but ferent providers, a structure “We have no evidence of pany will continue to buy from gained 118.19 plans to drastically Telefonica’s shift away was which helps ensure security of back doors... we monitor eve- Huawei the radios and anten- points, or 1.16 reduce the amount “a purely technical decision”, service, Blanco said. ry day,” he said, referring to nas that connect smartphones percent, when the of equipment it buys Reuters reported CTIO En- “When the core comes loopholes that would enable to the mobile network, equip- bourse closed trad- from Chinese technol- rique Blanco as saying. from a single vendor, the China to spy on other coun- ment which accounts for the ing at 10,340.37 ogyS giant Huawei for the core Until now, Telefonica probability is high that a tries. bulk of the cost, Blanco said. points on Thursday. of its next-generation mobile has relied entirely on Hua- failure in one part stops the Nevertheless, protection Fellow European opera- The volume of networks in Europe, its Chief wei for its core 4G networks whole network,” he said. of data was a motivating fac- tors Vodafone and Deutsche shares traded almost doubled to 118 million from 62.3 million on Technology and Information in key markets of Spain and Telefonica has seen no tor in the decision to use mul- Telekom are also opting for Wednesday. Six out of the seven sector indices closed in the posi- Officer (CTIO) said. Germany, but under the new evidence to support President tiple suppliers. multiple vendors, but the lat- tive territory. The day also saw market capitalisation of the bourse Choosing manufacturers strategy, this will disappear by Donald Trump’s allegations This way, “no vendor, ter is holding off from signing rise by 1.3 percent to reach QR575.8 billion. Meanwhile in a state- for network equipment has 2024. that Huawei gear is insecure, regardless of their national- any contracts until German ment on its website, QSE said that it will remain closed on Wednes- become a political hot potato Huawei equipment slots Blanco said. Huawei and Bei- ity, has all the information in politicians agree on whether day and Thursday on account of Qatar National Day celebrations. since Washington imposed less well into networks whose jing have denied the accusa- their system,” Blanco said. to bar Huawei on national se- The market will resume trading on December 22, 2019. (TNN) an export ban on Huawei, various layers come from dif- tions. The Madrid-based com- curity grounds. Economy & Business Wednesday, December 18, 2019 15

QATARI COMPANIES MARK QATAR NATIONAL DAY Katara Hospitality hosts range of activities to boost Qatari spirits

TRIBUNE NEWS NETWORK in distinctive style in all its ing Qatar’s rich culture and ued growth and ongoing suc- DOHA Qatar-based hotels includ- heritage. cesses of our great nation of ing: The Ritz-Carlton Doha; Katara Hospitality’s head- Qatar today. TO mark this year’s National Sharq Village & Spa; Sheraton quarters was transformed into “Katara Hospitality is elat- Day, Katara Hospitality is of- Grand Doha Resort & Con- a haven of national colours ed to be a part of commemo- fering a diverse range of ac- Celebrations vention Hotel; Al Messila, a bringing the spirit of the na- rations that highlight the rich tivities to showcase the Qatari Luxury Collection Resort & tion to life with activities syn- history and accomplishments spirit and tradition, the hospi- Katara Hospitality’s Spa; Movenpick Hotel Doha; onymous with local culture, that solidify Qatar’s strength tality firm said in a statement headquarters was Sealine Beach, a Murwab Re- which concluded with a cake- as a nation.” on Tuesday. transformed into a haven of sort; Simaisma, a Murwab cutting ceremony to further Internationally, Katara Qatar National Day accentu- national colours bringing the Resort and The Avenue, a mark this occasion. Hospitality hotels celebrated ates the identity and history of spirit of the nation to life with Murwab Hotel. Sheikh Nawaf bin Jassim National Day in partnership the country and celebrates the activities synonymous with Katara Hospitality cel- bin Jabor al Thani, Chairman with the Qatari embassies to ideas and visionary aspirations local culture ebrated the joyous occasion of Katara Hospitality said, “It give an opportunity for its that Qatar was founded on. on December 16 at the com- is an honour to celebrate the international employees to With the theme (‘owned pany’s headquarters with an hard work, tireless dedication learn more about the past, glory and morals at ten years, #Maali_Kaidah), Katara Hos- event for employees and hotel and uncompromising values present and future of this Katara Hospitality celebrated the joyous occasion on December 16 at gained honourable from all’ pitality marked the occasion general managers highlight- that have inspired the contin- dynamic country. the company’s headquarters. QND an opportunity to express Qatari people’s gratitude: QC

TRIBUNE NEWS NETWORK DOHA

Qatar Chamber (QC) has organised an array of activities to celebrate the country’s Na- tional Day in the presence of its Qatar Financial Centre CEO Yousuf Mohamed al Jaida with other officials mark Qatar National Day in Chairman Sheikh Khalifa bin Doha on Tuesday. Jassim al Thani and vice chair- man and all board members, the chamber said in a statement on Tuesday. QFC marks QND under the QC Director-General Saleh bin Hamad al Sharqi was pre- sent at the ceremony alongside slogan ‘Al Maali Kaydah’ with all staff members. The building of the chamber Qatar Chamber Chairman Sheikh Khalifa bin Jassim al Thani with chamber officials and members mark has been decorated with photo Qatar National Day in Doha on Tuesday. TRIBUNE NEWS NETWORK Financial Centre Regulatory celebrate this joyous occa- of the Amir HH Sheikh Tamim DOHA Authority (QFCRA). sion with QFC Authority, bin Hamad al Thani, Qatari tomer satisfaction with the ser- Jaida said: “This is a spe- QFCRA and QICDRC. The flags and slogan of this year’s vices provided to its members. THE Qatar Financial Centre cial occasion to commemo- commemoration of our great ceremony. In statements, Sharqi (QFC) has held its annual rate the unity, resilience, homeland is a time for us The ceremony included var- said that during this year Qa- employee gathering to cel- patriotism, and the strong to reflect on our own path ious activities in addition to lis- tar Chamber achieved many ebrate Qatar National Day identity of Qatar. This year’s towards unity, solidarity tening to national anthem and achievements that keep pace 2019, under the theme of slogan ‘Al Maali Kaydah’ is and excellence. In the past exchanging congratulations on with the economic develop- ‘Al Maali Kaydah’, meaning not just another inspiring year, QFBA has managed the national occasion. ments taking place in the state, “the path of excellence is dif- and motivating slogan, but it to achieve great strides in Shekih Khalifa expressed affirming that it has developed ficult”, a statement said on also reveals the real DNA of elevating our nation’s com- his congratulations to the Amir its services offered to its mem- Tuesday. our nation. A distinct DNA petency levels bringing us HH Sheikh Tamim bin Ham- bers, and has continued its role This annual festive event that we all carry within our- closer to progression and ad al Thani, Father Amir HH in encouraging investors and is a momentous occasion for selves, contributing to the prosperity. Today we reaf- Sheikh Hamad bin Khalifa al businessmen to invest in all the QFC to commemorate betterment of Qatar.” firm our commitment to car- Thani, Deputy Amir HH Sheikh Qatar Chamber women members mark Qatar National Day. sectors and explore opportuni- Qatar’s distinguished cul- He added, “I am proud to ry on the same triumphs for Abdullah bin Hamad al Thani, ties available in brotherly and ture, rich legacy and wealth say that QFC business prac- the coming years.” and the Qatari people and expa- and industrial projects and for- more than 200 events ranging friendly countries. in the presence of all mem- tices and values stem from Fatma said, “Qatar is triates on the occasion. eign investments, noting that from conferences, seminars QC also provided consider- bers of the QFC community. this DNA. As our nation has committed to creating a sus- In a press statement pub- these actions also contributed and meetings, received 75 in- able support to SMEs sector In addition, it is also an been flourishing and excel- tainable and self-sufficient lished by QNA, he said the to enhancing the investment ternational trade delegations, and promoted the investment opportunity to reflect on the ling, QFC has been growing plan for the future, and with National Day represents an climate and providing more in- participated in 15 fairs and climate and opportunities for core values shaping the na- and reinforcing its crucial determination, is moving opportunity to express the Qa- centives for the private sector expos and held more than 20 partnership and cooperation tion’s identity – freedom, role in supporting Qatar’s forward to deliver it for all of tari people’s gratitude, appre- and increasing production and seminars and forums as well as during the visits and meetings strength, and resilience. economic, social and cultural its citizens and residents. The ciation, and respect for their promoting commercial rela- a number of external participa- with foreign delegations visiting QFC’s special celebration developments, both locally State of Qatar is an extraor- country and its wise leadership, tions with world countries. tions, trainings and arbitration the chamber, he said. was characterised by various and internationally.” dinary example of what can and an opportunity to affirm the “Qatari economy has shown activities. He said the chamber contin- cultural and social activities Sahouti said, “This Na- be achieved when ambition is trust on the wise leadership and strong performance and devel- “It represented an impor- ued to host commercial delega- as well as entertainment pro- tional Day, we celebrate Qa- combined with vision, and a its wise policy inside and out- opment According to the World tant platform for investors and tions from all countries with the vided throughout the event. tar’s strength and resilience. commitment to making that side Qatar. Bank Qatari economy grew businessmen whether inside or aim to provide an opportunity Speakers during the We also celebrate its people vision a reality.” Sheikh Khalifa noted that at 2 percent in 2019 and is ex- outside the country to explore to forge deals and partnerships event included Yousuf Mo- and residents, who day after This year’s National Qatar has managed to develop pected to grow by 3 percent in the local market and identify between Qatari businessmen hamed al Jaida, CEO, QFC day, contribute in shaping Day celebration also marks its economy and achieve many 2020 and 3.2 percent in 2021, companies of various economic and their counterparts from Authority; Faisal Rashid the future of our nation. At an outstanding year for the milestones at all sectors, prais- partly driven by more develop- sectors, affirming that the direc- those countries. al Sahouti, CEO, Qatar In- QICDRC, we remain commit- QFC, which saw notable ac- ing the resilience of the private ment in services sector with the tory is available in mobile ap- Sharqi affirmed the cham- ternational Court and Dis- ted to playing an active role in celeration of its growth and sector which created a key motif approach of FIFA World Cup plications and tablet devices for ber’s role in providing all fa- pute Resolution Centre supporting Qatar’s growth by diversification targets. towards achieving more impor- 2022,” he added. easy access to all data and infor- cilities and incentives for the (QICDRC); Khalid Moham- providing an established legal The QFC’s platform tant achievements. He highlighted the cham- mation about commercial and private sector to play its role med al Horr, CEO, Qatar Fi- framework based on interna- steadily grew with nearly 36% He also eluded the meas- ber’s important achievements industrial companies in Qatar,” during the siege period, and nance and Business Academy tional best practices.” increase compared to last ures taken by the government during 2019, noting that it has Sheikh Khalifa said. stressed that it continued to (QFBA) and Fatma al Meer, Horr said, “We are proud year, having more than 800 to accelerate the national eco- continued its pioneering role Qatar Chamber also support the national product Chief Financial Officer, Qatar to have the opportunity to firms registered to date. nomic strategies that helped in to serve and protect the pri- launched an electronic system through exhibitions it organised the expansion of agricultural vate sector, adding it organised to measure and evaluate cus- or participated in. Ezdan Mall organises a myriad of cultural, heritage events

TRIBUNE NEWS NETWORK In conjunction with this, highest levels of communica- DOHA Ezdan malls’ entertainment tion with the public and creat- activities that are running ing a family atmosphere within IN marking Qatar National from December 12, 2019 - Jan- the malls, which proved im- Day amid an ambience charged uary 10, 2020 every Thursday pressive success within a short with emotions of patriotism, and Friday from 6-9 pm, have period, as the mall is keen to Ezdan Mall Company will or- been witnessing a huge turn- participate in celebrating the ganise a myriad of cultural and out by children and families, National Day through cultural heritage events for its vast au- in which they experience fun activities, as well as holding dience to reflect national pride, and entertainment that suit summer festivals for shopping loyalty, and solidarity, in com- different age groups. and entertainment, and dis- memorating Qatar’s unifica- In Ezdan Mall Al Gharaffa, tinguished Ramadan activities tion and the anniversary of the the aircraft event is designed that include seminars, lectures state founder Sheikh Jassim to allow kids experience avia- and religious competitions. bin Muhammad bin Thani, tion by sitting in cabin crew as Ezdan Mall Al Gharffa, the company announced in a pilots where parents can take since its opening in mid- 2013, statement on Tuesday. pictures. has contributed to a boom in The festivities will com- Ezdan Mall Al Wakra’s the country’s retail sector, by mence on December 18 and The festivities will commence on December 18 and wrap up on De- Ezdan Mall Al Gharaffa’s aircraft event is still running as people have cruise ship event is dedicated stimulating shopping foot- wrap up on December 20, si- cember 20, simultaneously in both Ezdan Mall Al Gharafa, and Ezdan been flocking to the event courtyard to enjoy the activities. to sea lovers, where they can fall, due to its response to the multaneously in both Ezdan Mall Al Wakra. enjoy boarding the cruise and needs of visitors, and it con- Mall Al Gharafa, and Ezdan unveil the secrets of sailing, tains a number of international Mall Al Wakra. sublime words of love and ap- will distribute flags, balloons to enjoy the activities. Similar- from 6 pm - 9 pm are organ- anchoring and shipbuilding. brands that penetrate for the The activities that will kick preciation for Qatar and the and organises workshops of ly, the kids’ activities themed ised in line with Ezdan Mall’s Ezdan Mall organises sea- first time in the Qatari market, off on Wednesday from 6 pm Emir. As for children, they face painting. “the cruise ship” witnessed keenness to partake in raising sonal activities throughout in addition to the distinguished to 9 pm, will include the Ardha will dip their hands in bright Meanwhile, Ezdan Mall Al massive turnout at Ezdan Mall national awareness of youth the year, including national, services. It gives visitors a folkloric dance. The audience colours. Gharaffa’s aircraft event is still Al Wakra. and enhance people’s engage- cultural, and entertainment unique shopping experience, will write notes of dedication Ezdan Mall has also in- running as people have been The national festivities ment in the prosperity and de- events, as well as shopping, and contributes to attracting over a distinctive mural with stalled a Majlis seating, and flocking to the event courtyard that extend over three days velopment of their homeland. with the aim of achieving the large numbers of shoppers 16 Wednesday, December 18, 2019 Economy & Business MoTC, Qatar Airways, Msheireb Properties come together to celebrate QND at Msheireb Downtown

Satyendra Pathak decorations of roses at various Doha locations including Al Safwa First Class Lounge, Al Mourjan In a first of its kind the Minis- Business Class Lounge and at try of Transport and Commu- the A380 onboard lounge. nications, Qatar Airways and A multiple award-winning Msheireb Properties celebrated airline, Qatar Airways was Qatar National Day 2019 to- named ‘World’s Best Airline’ by gether at the iconic Msheireb the 2019 World Airline Awards, Downtown Doha on Monday. managed by the international Held under the patronage air transport rating organisa- and in the presence of the Min- tion Skytrax. ister of Transport and Com- It was also named ‘Best munications HE Jassim Saif Airline in the Middle East’, Ahmed al Sulaiti, a number ‘World’s Best Business Class’, of dignitaries including Qatar and ‘Best Business Class Seat’, Airways Group Chief Executive in recognition of its ground- Officer Akbar al Baker, Qatar breaking Business Class experi- Civil Aviation Authority Presi- ence, Qsuite. It is the only air- dent Abdullah bin Nasser Turki Minister of Transport and Communications HE Jassim Saif Ahmed al Sulaiti and Qatar Airways Group Chief line to have been awarded the al Subaie, Msheireb Properties Executive Officer Akbar al Baker take part in Qatar National Day celebrations at Msheireb Downtown in coveted ‘Skytrax Airline of the Acting Chief Executive Officer Doha on Monday. Year’ title, which is recognised Ali al Kuwari, Hamad Interna- as the pinnacle of excellence in tional Airport Chief Operating Addressing the gathering mercial, social, and civic hub in the skies by introducing a the airline industry, five times. Officer Badr al Meer were pre- Baker said, “One of Qatar Air- known in Doha. The historic variety of special touches on Qatar Airways currently op- sent on the occasion. ways’ core values is expressing significance of the area makes board and generous discounts erates a modern fleet of more Organised at Baraht our pride, loyalty and love for it the best venue for everyone to on tickets. than 250 aircraft via its hub, Msheireb, variety of activities Qatar, and the National Day gather and celebrate Qatar Na- On flights from Doha, pas- Hamad International Airport showcasing Qatar’s rich culture celebrations offers a chance for tional Day.” sengers can enjoy a bespoke (HIA) to more than 160 desti- and traditions and an exciting us to express the patriotism that “It is one of the biggest Qa- menu card influenced by mod- nations worldwide. live performance by Kuwaiti is shared by all of Qatari citizens tar National Day celebrations ern Arabic calligraphy and des- The world’s fastest-growing singer Ibrahim Dashti was or- and residents regardless of their that I have witnessed in the last sert inspired by the shape of airline has added a number of ganised on the occasion. Speaking on the occasion, the Ministry of Transport and country of origin.” 10 years of my stay in Qatar. the local desert sand rose. Cus- exciting new destinations to its Qatari pianist Hala al Sulaiti said, “Qatar National Communications are look- Msheireb Properties acting The vibrant ambiance of Baraht tomers in premium cabins will growing network this year, in- Emadi and singer Mohamad Day is a great occasion to re- ing forward to new achieve- chief executive officer said, “It Msheireb is something that I be treated to traditional Arabic cluding Rabat, Morocco; Izmir, al Jaber enchanted the audi- new our determination to ments and milestones to en- is our pleasure to partner with had never seen before. I feel coffee and dates.While on select Turkey; Malta; Davao, Philip- ence with their outstanding continue all efforts that sup- hance the efforts that aim for Qatar Airways and the Minis- privileged to have participated flights from Doha, passengers pines; Lisbon, Portugal; Moga- performance. The celebrations port the development of our building sustainable trans- try of Transport and Commu- in this grand celebration,” an will receive a fridge magnet as a dishu, Somalia; and Langkawi, also featured various activities country. It is an occasion to portation and communica- nications to host the first ever employee of Qatar Airways said. keepsake to commemorate Qa- Malaysia; and Gaborone, Bot- showcasing local Qatari cul- reiterate our commitment for tions sectors. Our efforts are public National Day celebration In addition to grand cel- tar National Day. swana. The airline will also add ture, such as henna art, fal- achieving more prosperity for aimed at securing a booming in Baraht Msheireb. Msheireb ebrations at Msheireb Down- Passengers travelling dur- Luanda, Angola; Dubrovnik, conry, traditional handicrafts Qatar and its people.” national economy for genera- Downtown Doha is the heart town Doha, Qatar Airways also ing the Qatar National Day Croatia; Santorini, Greece and and local food. The minister said, “We at tions to come.” of the city and the oldest com- celebrated Qatar National Day celebrations will also enjoy Osaka, Japan in 2020. Festivities mark Commercial Bank QND celebrations

Tribune News Network bor al Thani said, “Qatar Na- gaze forward towards a bright The bank also organised are in line with our commit- Doha tional Day is a joyful occasion and prosperous future under activities for its employees to ment to Qatar and the com- when all Qataris can be proud the wise leadership of the Emir celebrate the rich heritage, cul- munity. The activities allow In celebration of Qatar Na- of the nation’s great achieve- His Highness Sheikh Tamim ture and history of Qatar and our team to collectively bond tional Day 2019, Commercial ments. We take pride in being bin Hamad al Thani. Com- to reflect the love and loyalty of and express their appreciation Bank held a special ceremo- a Qatari bank and support all mercial Bank is a Qatari bank, the bank’s employees towards for Qatar. These are purpose- ny in recognition of Qatar’s four pillars of the Qatar Na- for Qatari staff and Qatari the country’s leadership. ful activities designed to bring achievements at its headquar- tional Vision 2030 through customers. We have chosen Additionally, Commercial employees together to make ters in West Bay. our activities, with a focus on to celebrate National Day this Bank organised several pre a positive impact on the local The bank’s chairman, strengthening the economy year by hosting a range of tra- and post event activities at its community.” board of directors, executive through our services and in- ditional Qatari activities which branches, where people en- Commercial Bank Group management, employees and vesting in Qatar’s human talent are vital to maintain and cher- joyed Arda performance, Ara- CEO Joseph Abraham said, customers attended the at- as one of the largest private sec- ish for the years to come.” bian coffee and sweets, and “National Day is a time for us mospheric ceremony at Com- tor employers in the country.” In line with its corporate were offered limited-edition at Commercial Bank to cel- mercial Bank Plaza. As part Commercial Bank Vice social responsibility commit- set of National Day souvenirs. ebrate Qatar’s achievements of the event, an exclusive op- Chairman Hussain Ibrahim al ments, Commercial Bank also Commercial Bank Manag- and its leadership. As a bank, eretta ‘Shofto El-Gomar’ was Fardan said, “As we celebrate organised several visits to Qa- ing Director Omar Hussain we are thankful for the gov- performed before the audience the occasion of Qatar’s Na- tari entities, such as schools, Alfardan said, “Commercial ernment’s prudent and far- by the young singer Nasser al tional Day, looking back with hospitals, Hamad Internation- Bank has been part of Qatar’s sighted stewardship of the Kubaisi and a group of kids. pride at the past decades that al Airport, and centers for peo- banking industry for the last economy. Commercial Bank Speaking on the occasion, have helped drive the coun- ple with special needs, where 45 years and the Qatar Nation- is committed to supporting Commercial Bank Chairman try’s incredible progress, it is limited-edition souvenirs and al Day activities that we have the growth and development Send CV: obaidulkhan29@Sheikh Abdulla bin Ali bin Ja- also a pertinent juncture to gifts were distributed. organised for our employees of the economy.” gmail.com

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