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Page 01 Jan 14.Indd ISO 9001:2008 CERTIFIED NEWSPAPER Tuesday 14 January 2014 13 Rabial I 1435 - Volume 18 Number 5944 Price: QR2 Brent, US $500,000 crude prices up for edge down grabs in Qatar Business | 17 Sport | 26 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 QE breaches Labour Ministry 11,000 mark DOHA: Qatar’s rallying stocks pushed the bourse’s main index beyond the psychological barrier licence must of 11,000 points to 11,019.86 yes- terday. The buoyancy in witness on Qatar Exchange (QE) for a while, say analysts, is mainly inspired by investor expectations for nurseries that dividend payouts by compa- nies for 2013 might surge to his- toric highs. QR100,000 fine for violators According to an analyst, listed entities may pay out up to a stag- DOHA: A law passed yesterday Minister to frame executive reg- gering QR24bn to QR25bn in cash makes it mandatory for play ulations to help enforce the law, dividend for 2013. “We hope the schools, nurseries and crèches and until then the existing rules collective net profits of Qatari in the country to be licensed will apply. companies in 2013 to be in the by the Ministry of Labour and Every licensed nursery or play range of QR39.5bn to QR40.8bn,” Social Affairs after making a school will need to have a female said an analyst. The combined net security deposit of QR100,000 director and a female assistant, a profits in 2012 were QR37.6bn. and fulfilling several other supervisor and a qualified nutri- The bourse had created a conditions. tionist, and everyone directly record when its benchmark index Existing child care facilities responsible for child care must had soared to 11,148.50 in early must apply for a licence within also be a woman. April of 2005 when the market, six months, says the law, author- Staff members not directly Real Madrid’s Portuguese striker Cristiano Ronaldo (centre) receiving the FIFA Men’s World Player of the Year 2013 then known as the Doha Stock izing the Minister (of Labour concerned with child care could award from FIFA President Sepp Blatter (right) during the Ballon d’Or 2013 gala at the Kongresshaus in Zurich, Market (DSM), had thrown its and Social Affairs) to extend the be men. It is mandatory for every Switzerland, yesterday. doors open to foreign capital. above period. nursery and play school to have a Analysts expect that some 40 A child care facility that oper- driver, security guards and clean- of the 42 listed companies may ates without a valid licence in ing staff. Ronaldo World Player of the Year report robust financials for the breach of the new law will be lia- All staff members of such a facil- fourth and last quarter of 2013 ble to be fined up to QR100,000 ity must be separately certified by backed by a booming economy. and its owner could face a jail the Ministry and will be regulated ZURICH: A tearful Cristiano team mates, the national team Jupp Heynckes, now retired, was And many of them are likely to term of up to two years. by the labour law. The qualifica- Ronaldo was named the world’s and my family, to everyone here. named coach of the year for the declare handsome dividend. Among According to the legislation, tions of the director, her assistant, best footballer for the second Eusebio and (Nelson) Mandela first time after his Bayern Munich the companies that are expected to the Ministry of Labour and supervisor and nutritionist and time yesterday, preventing his were very important for me, team won an unprecedented payout record dividend are Qatar Social Affairs will be setting up a those of the child care staff are to great rival Lionel Messi from I can’t speak,” he said after Champions League, Bundesliga Insurance and General Insurance, separate administration to deal be decided by the Minister. winning the award for a fifth accepting his prize. and German Cup treble. QNB, Milaha and Qatar Insurance with play schools, nurseries and Every such facility must have year in a row. Argentine Messi, hampered by Ronaldo secured the title with Company (QIC). Insurance compa- crèches. This is the first time a arrangement with a qualified and The Portugal and Real Madrid injury problems at Barcelona late 1,365 points, ahead of Lionel Messi nies are expected to perform much separate law is being enforced to licensed nurse or doctor and the forward was so overcome with in the year, finished second in the with 1,205 points and Franck better in 2013 as compared to the regulate these facilities. latter will need to pay regular emotion he could barely com- poll, officially known as the FIFA Ribery with 1,127 points. previous year. These facilities were until now visits. plete his acceptance speech. Ballon d’Or. Frenchman Franck REUTERS THE PENINSULA regulated by the laws that govern Every nursery, play school or “Thank you to everyone, my Ribery was third. See also page 28 See also page 17 private schools and kindergartens crèche must frame its internal that are licensed and monitored administrative rules within a by the education authorities. month after acquiring the licence In kindergartens, children and determine the fee and specify above four years of age are what types of services it would admitted. provide, including healthcare, In a nursery, play school or food and entertainment. US speeds up visa procedures for Qataris crèche, children who are below The rules, as also the fee struc- four years are to be taken in for tures, must be approved by the DOHA: The US embassy said has been reduced to less than a embassy said it is recommended a US visa was stamped on it, care, says the law (Number 1 of Ministry of Labour and Social yesterday that it has taken week. to apply from Qatar through the said the embassy. 2014) that was passed by the Emir Affairs, says the law. measures to speed up the pro- The embassy said there are US embassy here. Qataris seeking a visa to attend H H Sheikh Tamim bin Hamad Special inspectors, armed with cedures for issuing entry visas no tough procedures related to It clarified that there is no a conference in the US should Al Thani. judicial powers to be conferred to the US for Qatari citizens. security screening and only fin- option to change a visit visa to the produce the invitation letter from Qatar News Agency (QNA) by the Public Prosecution, would Responding to queries from gerprints of the applicants are US to a “study visa” after enter- the organisers, along with an reported that the law is to be be paying regular visits to check citizens on its Twitter account, required. ing the country. approval letter from the company enforced after being published in compliance of these facilities with the embassy said that waiting In reply to a query whether The applicants are required or organisation they are working the official gazette. the law. time for interview appoint- a Qatari citizen can apply for a to obtain a fresh visa, if they with/ associated with. The legislation asks the THE PENINSULA ments for Qatari visa applicants US entry visa from the UK, the change their passports after THE PENINSULA Hamas parade UAE court to rule German diplomats survive on Jaidah on Feb 3 DOHA: The fate of the Qatari attack in Saudi Arabia doctor, who is being tried in the UAE for alleged links to a DUBAI: Two German diplomats survived a shooting attack on banned local organisation, is to their car while on a visit to eastern Saudi Arabia yesterday, the be decided on February 3. state news agency SPA reported, but their vehicle was burned. Dr Mahmoud Al Jaidah was SPA quoted a police spokesman as saying that authorities were arrested at the Dubai airport late in investigating the rare incident, which took place in the town of February last year while he was on Awamiya on Monday evening. No other details were immediately his way to Doha from Bangkok and available. put on trial. The UAE court trying In Berlin, a Foreign Ministry spokeswoman said: “I can confirm him had a hearing and adjourned that there was an incident during a drive out in the country. The car the proceedings to February 3, Al was shot at and it caught fire. There were no injuries. The embassy in Jaidah’s son, Hassan, Tweeted yes- Riyadh has launched an investigation.” terday, reported Al Sharq. Awamiya and other parts of Qatif district on the Gulf coast have Hassan said the court is witnessed unrest since 2011, and at least 20 people died as Shi’ite expected to pronounce its verdict Muslim youths took to the streets to demand equal treatment from in the next hearing. The court the Sunni Muslim-dominated government. procedures yesterday lasted 45 minutes and the prosecution has recommended severe punishment Dubai ruler calls for lifting for the accused. THE PENINSULA sanctions on Iran Ceasefire in Syria DUBAI: The ruler of Dubai said in remarks broadcast yester- day that the international community should ease sanctions on the PARIS: Syria’s government Islamic Republic. and some rebels may be will- Under a deal struck in November, Iran is expected to curb its nuclear ing to permit humanitarian activity in exchange for a limited easing of the international sanctions. aid to flow, enforce local cease- The pact will come into force on January 20, Iran and world powers fires and take other confidence- agreed on Sunday.
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