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QA Sustains Strong Growth Despite Siege

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QA Sustains Strong Growth Despite Siege WEDNESDAY SEPTEMBER 19, 2018 MUHARRAM 9, 1440 VOL.11 NO. 4397 QR 2 FINE Fajr: 4:04 am Dhuhr: 11:29 am HIGH : 41°C Asr: 2:56 pm Maghrib: 5:35 pm LOW : 32°C Isha: 7:05 pm Gulf / Middle East 10 Business 13 Sports 16 Renewed battle for Hodeidah Huawei joins league of fully Al Sadd’s semis with Persepolis sparks humanitarian crisis fears owned tech firms in Qatar will be like a final: Ferreira First 5G network in the world! Amir reviews KUWAIT AMIR RECEIVES QATAR 2022 World Cup QA sustains AMBASSADOR’S CREDENTIALS project progress The Amir of Kuwait HH Sheikh Sabah DOHA The Amir HH Sheikh al Ahmad al Jaber al Sabah received Tamim bin Hamad al Thani the credentials of HE Bandar bin Mo- chaired the third meeting hammed al Attiyah as Ambassador of the Board of Directors Extraordinary and Plenipotentiary of of Supreme Committee for strong growth Qatar to Kuwait. During the meeting, Delivery and Legacy (SC) the ambassador conveyed greet- for 2018 at the Amiri Diwan ings of the Amir HH Sheikh Tamim on Tuesday. The meeting bin Hamad al Thani to the Amir of was attended by the Deputy Kuwait and his wishes of health Amir HH Sheikh Abdullah bin despite siege and happiness to HH Sheikh Sabah Hamad al Thani. Personal al Ahmad as well as his wishes of Representative of the Amir further progress and prosperity to the HH Sheikh Jassim bin Ha- government and people of Kuwait. For mad al Thani, Vice-Chairman Overall revenue, other operating income grew 7.2% his part, the Amir of Kuwait entrusted of the Board, also attended the ambassador to convey his greet- the meeting. TRIBUNE NEWS NETWORK the airline launched 14 new destina- ings to the Amir, wishing him best Prime Minister and Minis- DOHA tions during the fiscal year (24 new of health and happiness and Qatar ter of the Interior HE Sheikh destinations to date). New destination further progress, development and Abdullah bin Nasser bin QATAR Airways has generated EBIT- comes with costs and the necessity to prosperity. The Amir of Kuwait wished Khalifa al Thani, who is also DAR (Earnings Before Interest, Taxes, establish market presence, which re- the ambassador success in his duties, a member of the board, and Depreciation, Amortisation, and Rent) sulted in an overall net loss of QR 252 assuring him of all support to take other board members attend- Margin of 23 percent at QR9.714 bil- million. the bilateral relations to closer coop- ed the meeting. The meeting lion. The EBITDAR was lower than However, with a positive operat- eration in various fields. (QNA) reviewed the progress of the the previous year by QR1.759 billion ing cash inflow, the cash position of Qatar 2022 FIFA World Cup due to longer flying the group remained projects. A presentation was time resulting from strong at QR13.312 made on the overall achieve- the illegal blockade billion. ments. The championship’s of Qatar, and loss of “This turbulent security plan and compre- departing seats from year has inevitably hensive transport plan at the siege countries. had an impact on Tadmur Holding to launch 3 the state level were also In a statement our financial re- reviewed. (QNA) on Monday, Qatar sults, which reflect Airways said that the negative effect new factories at Big 5 Qatar its annual report the illegal blockade for 2017-18, which has had on our air- Qatar welcomes followed the most line. However, I am SATYENDRA PATHAK pact to establish challenging year in FLYING HIGH pleased to say that DOHA its 20-year history, thanks to our ro- demilitarised demonstrates the O QA’s cargo revenue witnessed bust business plan- IN a big push towards achieving airlines strength very impressive growth of 34.40 ning, swift actions self-sufficiency in products used in zone in Idlib and resilience in percent against cargo capacity in the face of the cri- the construction sector in Qatar, DOHA Qatar has welcomed the the face of adversi- (Available Tonne Kilometres) sis, our passenger- Tadmur Holding is all set to launch Russian-Turkish agreement on the ty. Overall revenue growing 13.95 percent annually focused solutions three major factories in the country. establishment of a demilitarised and other operating and dedicated staff, To be launched during the up- zone in Syria’s Idlib between the income grew 7.22 O Airline launched 24 new the impact has been coming edition of Big 5 Qatar con- armed Syrian opposition and the percent annually destinations in total since the minimised – and ference, the three factories will pro- Syrian regime forces. In a state- compared to capac- start of the blockade has certainly not duce hundreds of products related ment on Tuesday, the Ministry of ity (Available Seat been as negative as to construction sector. Foreign Affairs said this important Kilometres) growth our neighbouring To be held under the patronage Officials at the launch conference of Big 5 Qatar on Tuesday. (HANSON K JOSEPH) agreement contributes to stop- of 9.96 percent. countries may have hoped for,” Qatar of the Prime Minister and Minister ping the bloodshed of innocents It said lower revenue growth is di- Airways Group Chief Executive Akbar of Interior HE Sheikh Abdullah bin quarter of next year.” hibition. and sparing the region a great rectly attributable to the illegal siege al Baker said. Nasser bin Khalifa al Thani, the Big The chemical factory will pro- “The production of pumps rang- humanitarian disaster. imposed on Qatar since June 5, 2017, A strategic and rapid response 5 Qatar will showcase the latest con- vide the local Qatari market with ing from booster sets, chilled water The ministry stressed that which impacted departing seats by 19 from the airline when neighbouring struction technology and innova- more than 100 products from con- pumps, dewatering pumps and fire reaching this agreement demon- percent. countries illegally closed their air- tion in Qatar. struction segments, he said. pumps at the factory will begin from strates the possibility of resolu- Meanwhile, cargo revenue wit- space to Qatar Airways on June 5, Tadmur Trading Business De- Tadmur Pump Factory, which the beginning of the next year,” Hal- tion of the existing conflict and nessed very impressive growth of 2017 put the airline in a position of velopment Manager Omar Halawa will manufacture and assemble awa said. the laying of the foundations of 34.40 percent against cargo capacity strength from which it has recovered said, “The first factory to come up up various segments of pumps to The conference will also see the a just peace between the con- (Available Tonne Kilometres) growing amid unprecedented attack on the will be ASAS Construction Chemi- meet the demand of local market launch of upgraded and modernised flicting parties in the Syrian war 13.95 percent annually. country’s sovereignty. cal Factory, which will start pro- from the building, infrastructure, Tadmur Solid Surface Factory. through concerted international Replacing 18 mature routes, which ducing chemical products for oil and gas sectors, will be the sec- efforts. (QNA) were closed due to the illegal siege, Continued on page 2 Ô construction work from the first ond to be launched during the ex- Continued on page 2 Ô Syria downs Rebounding Qatari stocks QP achieves great progress Russian military shine in 2018 in increasing LNG output plane during The main Qatari equities index Qatar Petroleum (QP) President and is the 2018 best performer CEO Saad Sherida al Kaabi said Israeli air strike worldwide in dollar terms, up Qatar is achieving great progress Syria accidentally shot down a Russian military aircraft, killing 16 percent, Bloomberg said in in implementing the plans have all 15 crew members, when its air defences swung into action an article on Tuesday. Doha is announced last year to increase its against an Israeli missile strike. The incident was the most easily outshining other Gulf stock LNG output by 30 percent from 77 deadly known case of friendly fire between Syria and its key markets, Filipe Pacheco writer of million to 100 million tonnes per backer Russia since 2015 military intervention. PAGE 10 the article said. PAGE 12 annum. PAGE 12 Healthcare comes closer to Industrial Area residents Healthcare hospitals and clinics, particu- proud that we can now build HMGH welcomes first outpatients larly emergency services at upon this success as we start O The new hospital will Hamad General Hospital and to see patients at Hazm Me- TRIBUNE NEWS NETWORK tals and will be dedicated provide inpatient care, Al Wakra Hospital. baireek General Hospital,” DOHA to care of adult males living surgical services as well Hamad al Khalifa, HMC’s said Khalifa.” and working in the Indus- Chief of Healthcare Facilities, “When fully open, HMGH AHEAD of the official open- trial Area. as emergency care said Hazm Mebaireek General will offer the same high stand- ing in the coming months, Offering a range of out- O These services will be Hospital will offer a range of ard of facilities, services and Hazm Mebaireek General patient clinics and clinical opened in phases during services and facilities, help- care we have seen at all of Hospital (HMGH) has wel- support services, the new ing to meet the healthcare Hamad’s hospitals. It will comed the first outpatients hospital will also provide the coming months demands of Qatar’s growing provide all adult males, from to its internal medicine inpatient care, surgical serv- O The new hospital will population. Qataris to expatriate labour- clinics. ices and emergency care. reduce burden on other “Late last year, the Amir ers, with the best possible care Located in the heart These services will be HH Sheikh Tamim bin Ha- right here within the heart of of the Industrial Area of made available in phases dur- hospitals and clinics mad al Thani officially opened the Industrial Area and closer Doha, HMGH will join Ha- ing the coming months.
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