'Qatar Airways a Well Capitalised Airline'
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QATAR | Page 5 SPORT | Page 8 Federer, Nadal close in on dream Wimbledon 1.8mn benefi t from QC’s relief eff orts fi nal published in QATAR since 1978 TUESDAY Vol. XXXIX No. 10875 July 10, 2018 Shawwal 26, 1439 AH GULF TIMES www. gulf-times.com 2 Riyals Amir attends inauguration of Turkish president QATAR | Diplomacy Erdogan vows to protect, exalt Turkey’s glory and honour Amir receives message from Ivory Coast leader QNA ing the prime minister’s post, among other Ankara changes. His Highness the Amir Sheikh Tamim Erdogan won an absolute majority in the bin Hamad al-Thani has received presidential election with 52.5% of the vote, ac- a written message from Ivory is Highness the Amir Sheikh Tamim bin cording to Turkey’s Supreme Election Council Coast President Alassane Ouattara, Hamad al-Thani attended the inaugura- (YSK). pertaining to bilateral relations Htion ceremony of President Recep Tayyip Reuters adds: After taking the oath of offi ce in and ways to enhance them. The Erdogan, who was sworn in for a new presidential parliament, he addressed international leaders message was received by HE the term, assuming sweeping powers he won in a ref- gathered at the presidential palace in Ankara. Deputy Prime Minister and Minister erendum last year and sealed in a hard-fought re- Erdogan pledged to build a “strong Turkey” of Foreign Aff airs Sheikh Mohamed election victory two weeks ago. with a powerful defence industry and expanding bin Abdulrahman al-Thani during his The inauguration ceremony, which was held in economy. meeting with the Minister of Foreign the Presidential Compound yesterday evening, “We, as Turkey and as the Turkish people, are Aff airs of Ivory Coast Marcel Amon was attended by a number of heads of states and making a new start here today,” he told the dig- Tanoh yesterday. governments, representatives of heads of states, nitaries and thousands of guests. “We are leaving ministers, heads of parliaments of some countries behind the system that has in the past cost our QATAR | Real estate and representatives of international organisa- country a heavy price in political and economic tions. chaos.” New CEO appointed Earlier upon his arrival at the Esenboga Inter- Erdogan, 64, says the new, powerful executive at Qatari Diar national Airport, His Highness the Amir was wel- presidency is vital to drive economic growth, en- Qatari Diar Real Estate Investment comed by Turkey’s Minister of Youth and Sports sure security after a failed 2016 military coup and and Development Company Osman Askin Bak and Qatar’s ambassador to Tur- safeguard Turkey from confl ict across its southern (Qatari Diar) has announced the key Salem bin Mubarak al-Shafi along with mem- border in Syria and Iraq. appointment of Eng Abdullah bin bers of the Qatari embassy in Ankara. “We are embarking on this road by using this Hamad al-Attiyah, board member, The Amir left Ankara later in the evening after opportunity as best we can for a strong parlia- as the company’s new CEO. The attending the inauguration ceremony. ment, strong government and strong Turkey,” he appointment came after the approval Erdogan took the oath of offi ce at the Turkish said. of the board of directors. Page 3 Parliament headquarters at the Grand National The introduction of the new presidential sys- Assembly chaired by Acting Parliament Speaker tem marks the biggest overhaul of governance BRITAIN | Politics Durmus Yilmaz. since the republic was established on the ruins of “As president, I swear upon my honour and in- the Ottoman Empire nearly a century ago. Jeremy Hunt named tegrity, before the great Turkish nation and histo- The post of prime minister has been scrapped new foreign minister ry, to work with all my power to protect and exalt and the president will now be able to select his British Health Minister Jeremy the glory and honour of the Republic of Turkey,” own cabinet, regulate ministries and remove civil Hunt will replace Boris Johnson as Erdogan told parliament as he took the oath of of- servants, all without parliamentary approval. Foreign Minister, Prime Minister fi ce. Erdogan’s supporters see the changes as just reward Theresa May’s Downing Street off ice He referred to the principles of Mustafa Kemal for a leader who has put Islamic values at the core of said yesterday following Johnson’s Ataturk, the founder of the modern Turkish Re- public life, championed the pious working classes and dramatic resignation over the public and vowed to “remain loyal to the rule of overseen years of strong economic growth. government’s strategy for Brexit. “The law, to the democratic and secular republic, and to Among the dignitaries present at the cer- Queen has been pleased to approve Ataturk’s principles and reforms”. emony were Venezuelan President Nicolas Ma- the appointment of Jeremy Hunt MP Erdogan’s re-election in the June 24 polls duro, Russian Prime Minister Dmitry Medvedev as Secretary of State for Foreign and marked Turkey’s transition to an executive and Sudanese President Omar Hassan al-Bashir. His Highness the Amir Sheikh Tamim bin Hamad al-Thani and Turkish President Recep Tayyip Erdogan at Commonwealth Aff airs.” Page 12 presidential system of government, abolish- Pages 13, 20 the latter’s inauguration ceremony in Ankara yesterday. ‘Qatar Airways a well Italy, Qatar in talks to bolster capitalised airline’ agriculture ties O By 2022, the national “If we lose one or two or three need for the network expansion. Not Asked about Qatar Airways fi nancial carrier is expected to reach years, it does not mean that we have only for us, but also for helping our performance, the Group Chief Execu- By Peter Alagos Town Federations, 802 Area Offi ces, no more cash in our company to sus- partners in which we have invested, so tive said: “Regardless of what we have Business Reporter and 5,668 Territorial Departments. close to 220 destinations tain our losses. Any successful busi- that they too can keep expanding their lost, we are not going to slow down on Filiera Agricola Italiana is Coldiret- ness has to create reserves. And Qatar network and have the capacity they re- expansion. We will be announcing our ti’s commercial wing and through its By Pratap John Airways has very strong reserves to quire.” fi nancial results soon. delegation representing Ital- brand develops commercial projects Chief Business Reporter sustain our going-forward expansion On Qatar Airways’ network expan- “Unfortunately, I cannot speak to ian institutional organisations and certifi es the ‘100% Made in Italy’ plans,” al-Baker said at a media event sion, he said: “Hopefully by 2022, we the press before I speak to the owners A held meetings with Qatari of- products. Its brand guarantees agri- at the Hamad International Airport will reach close to 220 destinations and of Qatar Airways, which is our govern- fi cials from the private and public cultural values and promotes an ethi- atar Airways is a “very well yesterday. including our freighter destinations, ment. And we have not yet fi nished our sectors yesterday to discuss ways to cal management model of the entire capitalised airline” and has Al-Baker affi rmed that “Qatar Air- we will be crossing 250 by then.” audited accounts. As soon as we fi n- strengthen Qatar-Italy co-operation agriculture production chain, accord- Q“strong reserves” to sustain ways is not going to slow down.” Qatar Airways, a member of the ish our audited accounts, we will an- in the fi elds of agriculture, livestock ing to the highest standards, from raw its “going-forward” expansion plans, “We will continue our march oneworld global alliance, now fl ies to nounce (fi nancial results) fi rst to our production, and food distribution. materials to the fi nal products, the Group Chief Executive Akbar al-Baker ahead… continue expanding…and more than 150 business and leisure owners (Government of Qatar) and Italian National Coldiretti Union embassy said. has said. purchase more airplanes to fulfi l our destinations worldwide. then to the media.” To Page 5 national president Roberto Mon- During the delegation’s meeting calvo and Filiera Agricola Italiana Inc with Qatar Chamber, Moncalvo gave national president Ettore Prandini an overview of Coldiretti, which fo- met with HE the Minister of Munici- cuses on organising the work of ag- pality and Environment Mohamed ricultural companies and providing bin Abdullah al-Rumaihi and Qatar farmers with machines, fertilisers, Chamber board member Mohamed and materials for agriculture, while bin Ahmed al-Obaidly, among other working on harvesting and processing officials as part of their two-day visit crops. to Qatar. Moncalvo also called for joint eff orts The meetings were organised with to establish bilateral investments be- the support of the embassy of Italy in tween Qatari investors working in the Qatar and the local offi ce of the Italian fi elds of agriculture and food produc- Trade Agency (ITA). According to the tion and their Italian counterparts. embassy, the meetings, which include Similarly, al-Obaidly stressed on main players of the Italian agricultural the importance of exchanging visits production and network, also aim to between businessmen and investors off er Doha “a very signifi cant sup- from both countries to discuss oppor- port” in its food chain distribution. tunities for joint cooperation and es- The embassy said Coldiretti is the tablish trade alliances, and to benefi t main institutional agricultural or- from the attractive investment climate ganisation in terms of the number of in Qatar and Italy. associates in Italy and in Europe, with According to al-Obaidly, the Qatari 400,000 associated farms and 1.6mn economy is attractive to investments associate farmers.