QatarTribune Qatar_Tribune QatarTribuneChannel qatar_tribune MONDAY JULY 13, 2020 DHU AL-QA’dA 22, 1441 VOL.13 NO. 4997 QR 2 Fajr: 3:24 am Dhuhr: 11:40 am FINE Asr: 3:04 pm Maghrib: 6:28 pm HIGH : 42°C LOW : 33°C Isha: 7:58 pm Nation 4 Americas 8 Sports 13 Aspetar introduces new Trump finally dons Sheail bin Khalifa Al wrist surgery procedure mask as global Kuwari’s Saqr kicks off for athletes infections gather pace with decisive win Barzan Holdings manufactures 8,000 Qatar named world’s safest country ventilators a month BARZAN Holdings has managed to Numbeo ranking reflects constant and outstanding level of security and safety in the country: MoI manufacture ventilators that are TRIBUNE NEWS NETWORK 100 percent locally made in a record DOHA ● Qatar’s outstanding time in the face of the coronavirus record during the period is (COVID-19) pandemic. “Amidst the QATAR has retained its position as considered as an extension COVID-19 pandemic, @MOD_Qatar- the safest country in the world, ac- of its achievements during affiliated Barzan Holdings managed to cording to a global crime index. manufacture ventilators that are 100 In its 2020 mid-year Crime In- 2015-2019. Qatar was in the percent locally made in record time. dex, Numbeo, the world’s largest first place globally in 2017 The company is currently producing user-contributed database on cit- and 2019 while maintaining up to 8,000 ventilators per month to ies and countries, has ranked Qatar the number one position in meet the needs of the local and global first in terms of safety and low crime the Arab world during the market,” the Government Communi- rates. entire period. cations Office (GCO) said in a video A total of 133 countries have posted on its Twitter handle. (TNN) been included in the ranking. In a statement, the Ministry of throughout the period. It reflects istering the lowest crime rate with The index of crimes is measured The report also takes into ac- Interior (MoI) said, “Qatar’s out- the constant and outstanding level 11.90 points out of 100. In the Safety according to the laws of the coun- count the different types of crimes standing record during the period of security and safety enjoyed by Index, Qatar ranked first by scoring tries, as there are acts that consti- and their classification according is considered as an extension of the country, and the significant de- 88.10 points out of 100, in reverse of tute crimes in some countries while to the laws on crimes, offences and its achievements in the past years crease in the crime rate.” the Crime Index. they are not deemed crimes in some violations. The indicators also de- QNB posts QR6.4 bn of 2015-2019. Qatar achieved the According to the classification The Numbeo database has been other countries, which gives a real pend on a set of standards related to first place globally in 2017 and rules of the report, countries are publishing annual reports since measure of the crime rate in coun- the crime rate and violence such as net profit in H1 2019 while maintaining the num- ranked in the reverse order – Qatar 2009, based on the crime rates in tries in accordance with applicable murder, terrorism, the cost of crime ber one position in the Arab world ranked 133th in crime rate by reg- the countries of the world. laws. and other standards. Unique experience awaits Qatari firms resilient QATAR National Bank (QNB) Group, the largest financial institution in the Mid- in face of COVID-19 dle East and Africa (MEA) region, has Qatar 2022 fans: Khater posted a net profit of QR6.4 billion ($1.8 billion) in the first six months of crisis, says QNBFS 2020. It’s a decrease of 13 percent QNA from the same period last year, the DOHA SATYENDRA PATHAK support package for the pri- bank said. Considering the global eco- FAN-TASTIC DOHA vate sector, should go a long nomic conditions, QNB Group opted to FANS should expect a memorable way in shoring up business, increase the loan loss provisions during experience, including the opportu- ● Fans can watch more QATARI companies have out- consumer and investor senti- the first half of 2020 by QR1.2 billion nity to attend more than one game a than one game in a day performed their GCC peers ment,” it said. ($320 million) to protect the Group from day, when they attend the next FIFA and remained resilient in the On top of Qatar’s macro any adverse shocks in the loan book. World Cup in Qatar, CEO of the ● Dedicated fan zones in face of the coronavirus (COV- strengths, the report said, Qa- “This affected overall profitability for FIFA World Cup Qatar 2022 Nasser strategic locations which ID-19) pandemic, QNB Fi- tari companies enjoy robust the Group. Operating Income in- Al Khater has said. will feature a wide variety nancial Services (QNBFS) has balance sheets backed with creased by 2 percent to QR12.8 billion “Much of our focus remains on of activities said. low leverage and a decent re- ($3.5 billion),” the bank said. PAGE 9 operational planning and ensur- In a report, QNBFS said turn on equity (RoEs), where- ing we offer a fan experience which ● All stadiums will be ready it remains bullish on Qatari as Qatari banks stand out makes this World Cup unique,” said a year before the mega stocks in long-term given with their exceptional capital Al Khater during a webinar hosted sporting event their defensive characteristics by the Swiss Business Council Qatar. We have reached backed by strong fundamen- Qatari companies enjoy Qatar condemns The webinar was organised in or- tals, reasonable valuation, der to discuss the challenges posed 85 percent and the government’s support robust balance sheets Afghanistan blast by the pandemic to Qatar’s business completion across packages. backed with low leverage community, including preparations our construction portfolio. We “We continue to believe the and a decent return on QATAR has condemned the explosion in for the World Cup. will have at least a year dual headwinds of coronavirus equity (RoEs) Jaghatu, Afghanistan’s Southeastern Ghazni He said the organisers were between the completion of the malaise and oil price volatility province, that killed several people and left working hard to ensure fans enjoyed stadiums and the beginning of will impact Qatari equities, al- adequacy ratios, low non-per- scores injured. In a statement on Sunday, the most compact tournament in the World Cup.” beit to a lesser extent against forming loan (NPLs), strong the Ministry of Foreign Affairs reiterated modern history. their regional peers, as has provision coverage, and high Qatar’s firm stance rejecting violence and “We want to make sure fans — Nasser Al Khater, Qatar 2022 CEO been the case since the begin- profitability. terrorism regardless of motives and causes. have a holistic experience in terms ning of 2020. So far, year-to- “Although we expect Qatari The statement offered Qatar’s condolences of transport and are able to watch date, the decline for the QE banks under coverage to report to the families of victims as well as the gov- more than one match per day. There will be launched by the end of this necessary health and safety measures Index has been 10.6 percent, a 7.8 percent year-on-year de- ernment and people of Afghanistan, wishing will be large fan zones in strategic year, followed by Lusail, Al Thu- in line with government regulations. outperforming the 11.9-24.7 cline in profits for the second the wounded a speedy recovery. (QNA) locations, a vast range of activities mama and Ras Abu Aboud in 2021. We have become very familiar with percent declines seen in other quarter of 2020, the sector re- and the opportunity to walk between We will have at least a year between Zoom and Microsoft Teams in recent major GCC stock markets,” mains resilient against other West Bay and Souq Waqif.” the completion of the stadiums and months,” he noted. QNBFS said. GCC banks,” it said. Al Khater said work had contin- the beginning of the World Cup,” Al The recent completion of Educa- “Moreover, the signifi- Near-term, the report said, ued unabated in recent months de- Khater added. tion City Stadium, the third tourna- cant QR10 billion government the QR10 billion stock pur- 26 homes vacated for spite the ongoing challenges. “The pandemic has affected eve- ment-ready venue for Qatar 2022, backstop for Qatari equities chase programme creates an “We have reached 85 percent ryone and of course our project is not was a proud achievement, he added. along with myriad investment important safety net for Qatari flouting ban on workers’ completion across our construc- immune. However, preparations have and support programmes tar- stocks in 2020. accommodations (PG 2 ) tion portfolio. Two more stadiums continued and we have taken all the Continued on page 2 geted at the Qatari real sector, especially the QR75 billion Continued on page 10 Ashghal opens 7-km linking road COVID-19 recoveries THE Public Works Authority (Ashghal) has opened the 7-km road linking Doha Expressway and South- ern Doha Expressway to Mesaimeer Interchange. near 100,000-mark The road will ensure a free and direct traffic flow TRIBUNE NEWS NETWORK country to 99,743. from Mesaieed, Al Wakra and Al Wukair towards DOHA Sadly, a 61-year-old Doha, 22 February Street and Al Shamal Road. The patient, who was receiving route also offers a direct link with the stadiums of As many as 470 people necessary care, succumbed Ras Bu Abboud, Al Janoub and Al Thumama, accom- tested positive for coronavi- to the virus, taking the death plishing 95 percent of expressway works serving Al rus (COVID-19) on Sunday, toll in the country to 147.