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Qatar’s Attorney General H E Dr Ali bin Fetais Al Marri and Senegal’s Minister of Justice Sidiki Kaba signing the agreement in Dakar.
Dakar: Qatar’s Attorney General H E Dr Ali bin Fetais Al Marri has met here with Senegal’s Minister of Justice Sidiki Kaba .
The two sides discussed ways and prospects for cooperation in the legal and judicial fields as well as cooperation between the Senegalese Ministry of Justice and The Rule of Law and Anti-Corruption Centre in Doha.
The Attorney General and the Senegalese Minister signed an agreement to establish a branch for the Rule of Law and Anti-Corruption Centre in Dakar, aims to support capacity building and promotion of work in the field of rule of law in West Africa, in addition to Senegal. The meeting was attended by Qatar’s Ambassador to Senegal Sarai bin Ali Al Qahtani and the delegation accompanying the Attorney General.
DOHA: Driven by projects lending, Qatar banks’ lending is projected to grow going forward. The banks’ loans to the public sector grew by 14.5 percent year-on-year in February. Lending to the private and foreign sectors also grew by 18.7 percent and 21.3 percent respectively, QNB’s monthly report noted.
However, bank loan growth fell slightly to 17.6 percent year-on-year in February 2016 from 18.3 percent in January. Asset growth fell to 11.7 percent in February from 14.7 percent in January.
Foreign assets grew by 6.0 percent year-on-year, driven by expansion in credit (21.3 percent); while domestic assets grew by 13.8 percent, driven by the growth in domestic credit (17.1 percent). QNB expects bank assets to continue growing, driven by lending related to investment projects and population growth.
Bank deposits year-on-year growth fell to 6.2 percent in February from 9.1 percent in January. Public sector deposits contracted by 9.7 percent, private sector deposits and non-resident deposits grew by 4.9 percent and 79.1 percent respectively. QNB expects deposits to continue growing on strong population growth.
Broad money or M2 contracted by 2.5 percent in February, mainly due to a contraction in foreign currency deposits. The slowdown was mostly attributable to the contraction in foreign currency deposits of 17.7 percent in February, and the slowdown in demand deposit growth from 11.1 percent in January to 3.7 percent in February. QNB expects M2 to rebound as strong population growth is projected to drive an expansion in deposits.
International reserves were stable at $36.7bn in February 2016 compared with the previous month. In months of prospective import cover, international reserves were also stable from a month earlier. QNB expects international reserves to stabilise going forward as oil prices recover.
“We expect inflation to pick up on the projected recovery in international food prices in 2016 and higher oil prices in 2017 as well as the one-off effects of increases in fuel, electricity and water prices”, the report said.
The country’s trade surplus stabilised at $2bn in February on a small recovery in oil prices compared to a month earlier, but is down $4.4bn relative to a year earlier. The year-on-year decline was due to the fall in exports, which decreased by 32.5 percent year-on-year on lower oil prices while imports rose by 3.5 percent over the same period. The merchandise trade surplus is expected to rise in 2016 as oil prices recover.
According to the QNB report, the Qatar Central bank (QCB) real estate index rose by 14.3 percent year-on-year in December 2015 slowing down from 17.8 percent in November. The real estate price index has contracted by 5.9 percent in December 2015 as compared to a month earlier.
In January, the overnight interbank rates fell to 1.18 percent on average in February 2016 from 1.51 percent in January. The 1-week interbank rate fell by 24 basis points to 1.12 percent in February, the 1-month interbank rate rose by 19 basis points to 1.63 percent and the 1-year interbank rate fell by 75 basis points to 2.00 percent. Qatar’s crude oil production increased to 692,000 barrels per day (b/d) in February 2016 from 637,000 b/d in January.
QNB expects oil prices to stabilise as excess supply in the global market is reduced by both higher demand and production cuts among high-cost producers, such as US shale oil producers.
The share of investment in Qatar’s GDP increased in Q2 2015 on stable government capital spending.
Investment as a share of GDP rose to 39.6 percent in Q2 2015 from 32.4 percent in 2014 on stable government capital spending, while exports fell to 56.9 percent of GDP (vs. 69.1 percent) on lower oil prices. Private consumption rose to 20.8 percent of GDP in Q2 2015 from 14.8 percent of GDP in 2014, with imports similarly increasing from 30.5 percent to 36.1 percent of GDP on growing population needs. QNB expects the shares of private consumption and investment to increase on high population growth and strong government investments; lower expected oil prices in 2015 should reduce the share of exports. The Peninsula
DOHA: Ezdan Real Estate Company, a subsidiary of Ezdan Holding Group, has launched its official integrated Website (www.ezdanrealestate.qa).
The new website offers home seekers updated and easy search services for Ezdan properties and residential units. The website also provides an array of information on all services offered by the company along with the ability to contact the Customer Service Center through direct email.
The newly website features different E-services in order to effectively reach out to Ezdan’s burgeoning customer base. For instance, the number of its tenants exceeded 85,000, out of which 70,000 live in Al Wakrah and Al Wukair village only. The site also is an opportunity for the public and potential tenants to get to know more information about the real estate services provided by the company.
Ezdan Holding Group CEO Ali Al Obaidli (pictured) said: The launch of the official website for the Ezdan Real Estate comes in conjunction with the launch of the “Saken” service for integrated leasing, which operates over than 13 hours a day.
He added: “This is part of our strategy to run our real estate projects that we have started last year and willing to complete this year. Our strategy is based on integrated development of Ezdan assets and facilities through providing various services to smoothly meet clients’ needs and review potential tenants applications in a technical way.”
Al Obaidli said Ezdan is all set to complete current construction works and refurbishing process of about 20,000 units. The renovations of the units include furniture replacement and appliances change by installing water and electricity saving devices.
The new website consists of seven sections that include all information about the company, its projects, maintenance and development services provided in Ezdan villages and compounds, in addition to ‘ Saken’ service and a section for direct communication with the customer care center.
Al Kharitiyat player chases the ball over a fallen Al Khor player during a Qatar Stars League match in this file photo.
Doha: Amir Osim’s side Al Kharitiyat are hovering above the relegation zone and are badly in need of a big win as action of round 25 of the Qatar Stars League (QSL) kicks-off at 6.15pm today.
Al Kharitiyat will play against Al Wakrah at the Al Khor stadium and they could get in the dreaded drop zone if results do not go their way.
Yahia Kebe will be a key man for the Thunders, especially after his vital 88th minute equalizer against Al Khor last time out.
Kharaitiyat are only one-point clear of the drop zone as they are on twenty-four points from as as many games. This leaves them in twelfth place in the table with only two games left to play.
Amar Osim, the head coach of Al Kharaitiyat, is keen on changing fortunes of his side, starting against Al Wakrah.
“If we win one game Qatar SC Has to win two games its simple mathematics. So we have to win the next game against Al Wakrah,” Noted the Bosnian technician at his pre-match press conference.
Speaking on his opponents Al Wakrah, Osim said, “You always have motivation to win no matter the situation. They will want to move up the table. I don’t know about the motivation of the (Al Wakrah) players but I hope they are relaxed as it will be better for us.”
Even though The Thunders are in a relegation dog-fight at the moment their coach believes that they should not lose sight of the way they play. “We shouldn’t change the way we play because of our situation. If we play without strategy, without organization we will be even weaker. So we need to keep organization, composure and we need to take some risks.”
Al Wakrah have all but secured their place in the QSL for next season with a vital 2-0 win against Lekhwiya last week. The Blue Waves have twenty-nine points which keep them at eleventh in the table one place above their opponents.
Mauricio Larriera, the head coach of Al Wakrah, is hoping to make the most of the remaining two games in the QSL season, “We will play against two teams who are in the danger area Al Kharaitiyat and Qatar SC. The game against Kharaitiyat will be complicated and difficult. We have to be alert and we will be forced to show good motivation and attitude because both team are about to fall and we need to be serious,” added the Uruguayan.
Meanwhile Qatar SC will take on Al Gharafa at the same time. Three points are a must for the Kings, and time is running out for them if they are to beat the drop to the Qatar Gas League.
The game will be played at the Al Ahli Stadium.
Al Gharafa stunned champions Al Rayyan last week with a impressive 2-1 win. This result means that the Cheetahs are sixth in the table with thirty-four points.
Pedro Caixinha, head coach of Al Gharafa is not taking the final two games lightly; “This is going to be our second final. We need to play the last two games like they are cup finals and we need to prepare for these games like they are finals.”
He also spoke about the upcoming Emir Cup saying, “We will go to these games as preparation for the Emir cup. we don’t care much about the opponent even knowing their situation. We will play our game and try our best to win.”
Caixinha has made a positive impact on the Gharafa team since he joined mid-season, “I worked with the team for a few months and I am very pleased with the progress they have made. We are trying to create an identity of the club. I can’t prepare for a game without thinking of winning. Our last game was against the champions and the next is against the relegation team for us this is of no concern as we always aim to win,” added the forty-five-year-old.
Qatar SC currently sit in the QSL drop zone with twenty-three points from twenty-four games. However, a win against Gharafa could make a big difference in their quest to beat the drop.
Sebastiao Lazaroni, the head coach of Qatar SC had this to say about the task ahead, “Our situation now is to fight, to prepare ourselves and organize ourselves. We know that Al Gharafa is a strong team and they had a good win against Al Rayyan. We also stood face to face with El Jaish and had a good match.” “For us each game is the most important and we are fighting to survive and stay in the first division,” added the Brazilian tactician ahead of the big game.
At the Al Arabi stadium, Al Khor will face Al Sailiya. Al Khor can confirm their status in the QSL for another season if they manage to defeat Al Sailiya.
After obtaining a point against Khraitiyat in their last game the Knights have secured there spot in next season’s QSL.
Jean Fernandez, head coach of Al Khor, is hoping for a flourish from his side, “We are guaranteed to stay in the QSL after our last result against Khraitiyat. We have two games left, one against Sailiya and one against Gharafa and in these two games we will try to improve our position in the table.”
Al Sailiya sits in eighth position in the QSL table with thirty-two points after a close 3-2 defeat to Al Sadd in their last outing.
The Peregrines will fight to get back to winning ways in their match against Al Khor. Sami Trabelsi, head coach of Al Sailiya, believes that both teams will play without much pressure, “This is the penultimate match and both sides are far from the danger zone. The game has no danger for both teams. Both teams have no pressure but we have to take this game as preparation for the Emir Cup.”
Today’s QSL action conclude when already relegated Al Mesaimeer take on seventh place Al Arabi at the Al Arabi Stadium at 8.30pm. Gianfranco Zola’s side will be looking to get on a good run of form ahead of the domestic competitions. Captain Paulinho should be back in contention for the Dream Team, after sitting out the round 24 defeat to Umm Salal with a knock.
The Torches will aim to improve their form ahead of the Emir Cup. Al Mesaimeer’s assistant coach Dragan Tadic had this to say about the upcoming game,”Al Arabi are a strong team.”
“They didn’t have last two results in their favor but they have strong players like Paulinho.”
Al Arabi are seventh in the table after back to back defeats.
They have thirty-four points from twenty-four games and will aim for the three points against their struggling opponents.
Gianfranco Zola, the head coach of Al Arabi, believes that Mesaimeer is no easy team to play against, “Mesaimeer is a well-organized and disciplined team, and they make it difficult for every team.”
“The first goal is the key. If you score the first goal against them it’s an advantage for you as it makes them more open as they move forward.”
The podium winners of the FIVB Beach Volleyball World Tour Qatar Open pose for a photograph with Khalid Ali Al Mawlawi, President of Qatar Volleyball Association and Secretary General Mohammed Ali Al Mohannadi after the awards presentation held at Qatar Beach Volleyball Academy courts at Al Gharafa Sports Club yesterday. RIGHT: The victorious pair, Italy’s Alex Ranghieri and Adrian Carambula in action against Austria’s Alexander Huber and Robin Seidl during the final of the FIVB Beach Volleyball World Tour Qatar Open.
Doha: Italy’s Alex Ranghieri and Adrian Carambula outplayed their Austrian counterparts Alexander Huber and Robin Seidl in a grueling two-setter of 21-17 and 21-19 to become the champions of the FIVB Beach Volleyball World Tour Qatar Open which concluded at the Qatar Beach Volleyball Academy courts at Al Gharafa Sports Club yesterday.
The Italian pair landed in the final after a stunning 2-0 (27-25, 21-14) victory against Poland’s Losiak and Kantor while the Austrian made it to the final after the 2015 Qatar gold medalists, Germany’s Markus Bockermann and Lars Fluggen withdrew late in the second set due to injuries.
This was the third straight year that Qatar hosted a FIVB World Tour event in Doha.
The World Tour continues the Road to Rio that lasts until June 13, 2016 with FIVB World Tour events counting towards the Olympic Ranking in order to determine 15 of 24 spots for each gender that will take part in the Rio 2016 Olympic Games.
The next World Tour tournament is the Xiamen Open in China, which takes place from April 12-17.The Peninsula
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