www.thepeninsulaqatar.com The Peninsula wishes all readers MUBARAK WEDNESDAY 6 JULY 2016 • 1 SHAWWAL 1437 • Volume 21 • Number 6849 thepeninsulaqatar @peninsulaqatar @peninsula_qatar Fireworks to mark Eid Emir exchanges Eid Rise in gold greetings with Arab and Islamic leaders DOHA: Emir H H Sheikh Tamim bin prices fail Hamad Al Thani has exchanged cables of congratulations with leaders of the Arab and Islamic countries on the occa- sion of the advent of the blessed Eid Al Fitr. The Emir also received cables to dent sales of congratulations from a number of leaders of friendly countries. The Emir exchanged greetings with the Custodian of the Two Holy Mosques “Higher prices haven’t adversely King Salman bin Abdulaziz of Saudi affected gold sale due to Ramadan Arabia. The Emir also exchanged Higher prices haven’t and Eid-related demand. However, felicitations with Emir of Kuwait H H adversely affected high prices in the past few days Sheikh Sabah Al Ahmed Al Jaber Al gold sale due to have forced people to cut down Sabah, King of Bahrain H M Hamad their jewellery buying plans,” said bin Isa Al Khalifa, King Mohamed VI Ramadan and Eid- a senior salesperson at a jewel- of Morocco, President of Mauritania related demand. lery showroom at D Ring Road in Mohamed Ould Abdel Aziz, Presi- Doha. “Demand for gold in Qatar dent of Sudan Omar Hassan Ahmed rises significantly a week before Al Bashir and President of Djibouti Eid. Compared to other weeks, we Ismail Omar Guelleh. The Emir also usually see demand rising by 30-50 exchanged felicitations with Crown By Sachin Kumar percent this week,” he added. Fireworks light up the sky in the southern Lebanese port city of Sidon, during celebrations ahead of Prince of Saudi Arabia Prince Moham- The Peninsula Due to steep rise in prices, gold Eid Al Fitr today. med bin Nayef bin Abdulaziz Al Saud. buying will be a costly affair this Emir also exchanged greetings with Eid Al Fitr compared to the past Heir Apparent of Bahrain Prince Sal- two years. man bin Hamad bin Khalifa. Emir and DOHA: The Brexit referendum and Gold of 22-carat traded in the President of Iran Hassan Rowhani, the ensuing market upheavals in the range of QR137 to QR122 in the pre- Muslim world condemns bombing exchanged Eid greetings. euro zone have pushed gold prices vious year while 22 carat gold was in Qatar to two-year highs, denting trading at QR150.50 per gramme customers’ ability to buy the yellow during Eid Al Fitr in 2014. AFP Muslim unity and the Afghan Tal- an attack on all Muslims. The head Emir receives greetings metal during Eid Al Fitr. A referendum in the UK was iban branded it “gruesome”. of the Saudi Shura Council, Saudi Gold prices have jumped around held on June 23 to decide whether “There are no more red lines left Arabia’s main government advisory from Speaker QR10 or 7 percent in the past two the country should leave or remain for terrorists to cross. Sunnis, Shias body, called it “unprecedented”. weeks after the Brexit decision rat- in the European Union. Around 52 RIYADH: A deadly suicide bomb- will both remain victims unless we Cairo-based Al Azhar, the high- DOHA: Emir H H Sheikh Tamim tled the global financial system. percent of the voters voted to leave ing near Islam’s second-holiest site stand united as one,” Iranian For- est authority in Sunni Islam, stressed bin Hamad Al Thani has received a The yellow metal was trading the 28-member European Union. in the Saudi city of Madinah sparked eign Minister Mohammad Javad “the sanctity of the houses of God, cable of greetings on the occasion of at QR145 per gramme for 22 carat The unexpected outcome cre- condemnation across the Muslim Zarif tweeted. especially the Prophet’s Mosque.” Eid Al Fitr from Speaker of the Advi- while 24 carat was trading at QR154 ated uncertainty in the euro zone world yesterday, with even the Tal- The Taliban said it “condemns “It’s an attempt to actually sory (Shura) Council H E Mohammed per gramme on June 23. A day later, and as a result investors exited equi- iban and Hezbollah denouncing this incident in the strongest of terms embarrass the Saudi government bin Mubarak Al Khulaifi. Al Khulaifi when the result of the referendum ties and invested in precious metals, the attack. Four people were killed and considers it an act of enmity and because it boasts of protecting the prayed the Almighty Allah for the best was announced the price of 22 carat which is considered a safe haven in the bombing near the Proph- hatred towards Islamic rituals.” pilgrims and the holy places,” said of health and happiness to the Emir jumped to QR152.50 while the price in uncertain times. This pushed et’s Mosque that came as Muslims Lebanon-based Shia group Hez- Middle East expert Madhawi Al and further progress, welfare and pros- of 24 carat rose to 161.50. up gold prices in the international prepared for this week’s Eid Al Fitr bollah also denounced it as “a new Rasheed said the attack appeared perity to the people of Qatar under the Since the start of this year, market. festival marking the end of the holy sign of the terrorists’ contempt for aimed at humiliating Saudi Arabia. wise leadership. prices of the precious metal have fasting month of Ramadan. all that Muslims consider sacred.” jumped by 25-27 percent. → Continued on page 2 Shia power Iran called for The United Nations said it was → See also page 6 Emir congratulates leaders of Venezuela, Cape Verde & Algeria Oil prices Time for celebrations Israel approves hundreds sink as Nigeria DOHA: Emir H H Sheikh Tamim bin of settlement homes Hamad Al Thani sent a cable of con- production rises gratulations to President of Venezuela Nicolas Maduro on the occasion of his AP itself. The plan also called for over country’s Independence Day. Emir sent AFP 600 new homes in an Arab neigh- similar cable to President of Cape Verde borhood of east Jerusalem. Jorge Carlos Fonseca on the occasion The official spoke on condition of his country’s Independence Day. NEW YORK: Oil prices fell sharply JERUSALEM: Prime Minister Ben- of anonymity because he was not Emir also greeted Algerian President yesterday as news of increased jamin Netanyahu has authorised authorized to discuss the matter Abdelaziz Bouteflika on the occasion production from Nigeria and construction of hundreds of new with reporters. of his country Independence Day. a jump in overall Opec output homes in Jewish settlements in Israel captured the West Bank stoked fears of the crude surplus the West Bank and east Jerusa- and east Jerusalem in the 1967 war. persisting on the global market. lem, an Israeli official confirmed Most of the world opposes settle- Emir receives phone call Both key global contracts lost yesterday. ment construction in these areas, from Indian President more than $2.00 a barrel amid The government has presented where the Palestinians hope to ongoing worries as well that the the move as a response to a series of establish an independent state. DOHA: Emir H H Sheikh Tamim economic impact of Britain’s vote to deadly Palestinian attacks against UN Secretary-General Ban Ki- bin Hamad AlThani received a tel- leave the European Union will also Jewish settlers. The Palestinians moon said the Israeli plans raise ephone call from President Pranab spell slower demand for oil. London have long viewed settlement con- “legitimate questions” about the Mukherjee of India, during which benchmark Brent crude for August struction as the biggest obstacle to country’s long-term intentions. he congratulated the Emir on the delivery finished the day down 4.3% the stalled peace process. Palestinian official Hanan Ashrawi occasion of the blessed Eid Al Fitr. at $47.96 a barrel. In New York, the The official said construction said Israel is “bent on destroying the The Emir also held telephone Expatriate children getting their henna done before the celebration of West Texas Intermediate contract would include 560 new homes in viability, integrity and territorial conversation with Prime Minister of for August delivery lost 4.9% to Eid Al Fitr, in Doha yesterday. Pic: Kammutty VP / The Peninsula Maale Adumim, just outside Jerusa- contiguity of a future Palestinian India Narendra Modi. Modi wished $46.60 a barrel. lem, as well as nearly 200 in the city state.” the Emir a blessed Eid Al Fitr. Hoteliers expect 100% occupancy during Eid By Fazeena Saleem of Ramadan, according to indus- Some hotels and resorts are Also, expecting a high demand The Peninsula try sources. organising special events for Eid for buffets and take-away meals Many tourists prefer staying in holidays with special rates to meet during Eid holidays, hotels and res- resorts and others choose hotels the expected demand for this year’s taurants have unveiled rich choices FIRST Portugal vs Wales 10pm located close to where Eid enter- celebrations. of culinary flavours. SEMI-FINAL DOHA: Hotels in Qatar are expected tainment events are held. “With our hotel running at full Some hotels say that almost 80 to witness high occupancy during Eid Also, tourists enjoy benefits of occupancy during this period, we percent of guests plan their Eid cel- Al Fitr holidays due to an increase in special Eid promotions and pack- have a lot of guests coming from ebrations well in advance and book bookings from regional tourists and ages provided by hotels and travel abroad wishing to celebrate Eid ahead, while others are walk-in domestic guests.