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Ministry Promotes CSR Drive in Qatar

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Ministry Promotes CSR Drive in Qatar BUSINESS | Page 1 SPORT | Page 1 ‘Dream is to reach 2022 World Cup INDEX DOW JONES QE NYMEX QATAR 3 – 9, 28 COMMENT 26, 27 QDB, Qatar Shell REGION 9 BUSINESS 1 – 7, 12 – 16 knockout 17,899.00 9,552.04 49.60 ARAB WORLD 10, 11 CLASSIFIED 8 – 12 off er QR70mn +50.00 -123.62 +0.27 INTERNATIONAL 12 – 25 SPORTS 1 – 12 +0.28% -1.28% +0.56% SME contracts stage’ Latest Figures published in QATAR since 1978 TUESDAY Vol. XXXVII No. 10105 May 31, 2016 Sha’baan 24, 1437 AH GULF TIMES www. gulf-times.com 2 Riyals Ministry In brief REGION | Consultations Emir to attend promotes Jeddah meeting HH the Emir Sheikh Tamim bin Hamad al-Thani heads to Saudi Arabia today to take part in the 16th Consultative Meeting of Gulf Co-operation Council (GCC) leaders due to be held in Jeddah. CSR drive QATAR | Discussions Minister and OIC chief hold talks HE the Foreign Minister Sheikh HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani attending the opening of the in Qatar Mohamed bin Abdulrahman al- Enriching the Middle East’s Economic Future Conference at Sheraton Doha Hotel. Thani yesterday met with visiting The Al Baraka endowment Organisation of Islamic Co- fund will be established under operation (OIC) secretary-general the supervision of Eid Charity, Iyad Ameen Madani. which aims to collect QR36mn in donations UAE | Economy GDP is expected to he Ministry of Economy and Dubai to host Commerce (MEC) yesterday un- Tveiled the Al Baraka corporate ‘green’ summit social responsibility (CSR) initiative in Delegates from 60 countries co-operation with Eid Charity. will gather in Third World Green grow 4.3% this year Through the initiative, the minis- Economy Summit (WGES) in Dubai try aims to promote CSR in Qatar by in October to explore paths toward QNA Arab countries and 14th globally. physical security as it ranked 4th. encouraging businesses to donate a a sustainable economy using Doha He said that Qatar occupied the fi rst “All these indicators are the best percentage of their profi ts to charity best environmental and business position globally in terms of ease of ac- proof of the successful economic poli- projects, which will be used to provide MEC and Eid Charity off icials marking practices. cess to loans and placed its stable mac- cies and contributed directly to the pro- aid to families in need, fund communi- the partnership. atar’s gross domestic product roeconomic environment in the second motion of Qatar’s competitive econo- ty training programmes, provide meals (GDP) is projected to achieve position, along with a very high level of my,” he said. to low-income workers and families participation of companies and insti- KOREA | Health Qa stable growth of about 4.3% and fi nance the medical treatment of tutions in one of the largest CSR initia- Study warns this year, according to HE the Minis- low-income patients, according to a tives in Qatar by off ering a percentage ter of Economy and Commerce Sheikh statement from the MEC. of their corporate profi ts as donations on dust hazards Ahmed bin Jassim bin Mohamed al- The Al Baraka endowment fund will to fund humanitarian and charitable A South Korean medical study Thani. Qatar retains world be established under the supervision projects in support of society. showed that chronic exposure to Speaking at the opening of the En- of Eid Charity, which aims to collect The ministry, along with Eid Char- fine dust negatively aff ects not riching the Middle East’s Economic Fu- QR36mn in donations. ity, has urged all companies to par- only respiratory system, but the ture Conference yesterday, the minister competitiveness ranking “The initiative aims to increase the ticipate in Al Baraka by fi lling in the cardiovascular system as well. praised the conference’s role in provid- contribution made by institutions online application form available on ing an opportunity for participants to towards community development Eid Charity’s website, or by visiting the exchange views and discuss issues of QNA velopment Strategy (NDS) specifi ed projects and aligns with the objec- headquarters of the foundation where EUROPE | Alliance interest to the people and countries of Doha clear goals in the fi elds of commer- tives of Qatar National Vision 2030 to they can make their donations with the Nato assembly sees the Middle East. cial businesses, economic infra- promote social justice based on high human resources department and then Given the present circumstances structure and private sector devel- moral standards and the Islamic values obtain a certifi cate of registration for ‘potential threat’ in the global economy and in light of atar retained a top place in opment, which would lead to more of peace, justice, social solidarity and the Al Baraka corporate social respon- Nato’s parliamentary assembly fl uctuations in oil prices along with the 2016 edition of the an- progress in the future. charity work,” the statement noted. sibility initiative. yesterday called on members of declining growth rates in world’s major Qnual World Competitive- He added that Qatar had no op- The Ramadan outreach programme The Ramadan 2016 initiatives forms the Western military alliance to be economies, the minister said that con- ness Yearbook, which is issued by tion but to diversify its economy and is the fourth in a series of initiatives part of the MEC’s eff orts to provide ready to respond to the “potential certed eff orts were required to establish the Lausanne-based International to achieve this “it has to constantly launched by the ministry to mark the community-oriented services de- threat” of Russian aggression a knowledge-based and dedicated cul- Institute for Management Develop- work to raise effi ciency and produc- holy month of Ramadan under the signed to cover all aspects of its activi- against them. ture of innovation in the Middle East. ment (IMD), ranking the state13th tivity and improve its international theme “#Aqal_Min_Al_Wajeb”, mean- ties in terms of organisation, partner- He said that “under the wise guid- out of 61 countries. competitiveness”. ing “#the_least_we_can _do” in Ara- ship and support. ance of HH the Emir Sheikh Tamim bin In a statement issued yesterday, According to the statement, in- bic. These initiatives include sheep sub- EUROPE | Crisis Hamad al-Thani, Qatar has been work- the Ministry of Development Plan- dices were positive in some aspects Tariq Abdul Aziz al-Sada, director sidies and price caps on consumer Unicef alarmed ing on the consolidation of imparting ning and Statistics said “the ranking such as surplus in the current ac- of public relations and communica- products in addition to the organisa- knowledge in various areas, in eco- refl ects the high status that Qatar count balance and the trade balance, tions at the MEC, said: “Through this tion of a number of awareness forums at migrant deaths nomic sector in particular, by pursuing continues to achieve on all fronts low unemployment rate, high real initiative, the MEC aims to encourage and campaigns on trade in Islam and The United Nations Children’s Fund fl exible policies to diversify the sources as competitiveness in the report is growth rate of GDP, rise in the sur- companies to contribute to commu- the “Halal livelihood” programme on (Unicef) has expressed alarm at the of income and to keep pace with Qatar measured based on a group of data plus in general budget and effi ciency nity development and actively support the ministry’s YouTube channel. number of migrant and refugee National Vision 2030”. and statistical indices as well as of fi nancial management. sustainable programmes, which benefi t The MEC will also launch the “Ik- deaths in the past week in the He highlighted that Qatar placed views of company executives and Meanwhile, some indices require the society and Qatar. tisadi” bank card campaign and anoth- Central Mediterranean. the private sector and innovation at businessmen who were included in more improvement, including the “The success of companies is no er initiative to bolster the productivity the forefront of strategic priorities by the report’s fi eld survey and off ered index on the concentration of ex- longer measured by their profi tability of bakeries and regulate gold and jewel- implementing a set of programmes their opinions on the business envi- ports in terms of goods and business alone, but also by their contribution lery businesses. and policies to strengthen integration ronment and competitiveness of the partners, limited incoming direct to community development as part of Further, the ministry has stressed among various state authorities and Qatari economy”. investment, low high-tech exports, their corporate social responsibility ef- that it will intensify its inspection enshrining the principle of meaningful HE the Minister of Development and low proportion of renewable forts.” campaigns to monitor markets and and constructive partnership with the Planning and Statistics Dr Saleh energy of the total energy require- Nawaf Abdullah al-Hammadi, Eid business activities, among other ini- private sector. bin Mohamed Salem al-Nabit wel- ments. Charity executive manager for resourc- tiatives. HE Sheikh Ahmed said that these comed the report’s outcome, stress- The yearbook’s chapter on Qatar es development and media, said the It has invited the public to follow eff orts refl ected Qatar’s ranking in ing that it enhances Qatar’s global is a result of co-operation between launch of the Al Baraka CSR initiative, its various accounts on social media international reports and indica- status. IMD in Switzerland and the Minis- marks a major leap for institutionalised platforms, including Instagram, Snap- tors as the 2015-2016 Global Com- The results, he said, helped as a try of Development Planning and sustainable charity work through the chat and YouTube under the name petitiveness Report issued by the guide for areas that had room for Statistics.
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