Qatar Daily News

As mentioned in our previous news for the pakistan flood, the donations are very weak for the Pakistani muslim brothers. Aspecially in this holy month of Ramadan, Pakistani victims expect a record donation from the Muslim-Arab World. But the reports says that the humanity within the muslim world is getting weaker. Please help Pakistan.

We couldn’t find the answer of question: Where are All the Sheikhs with their “Huge” Property?

Your Helping Hand Reaches To People In Pakistan:

Turkish Red Crescent
http://www.kizilay.org.tr/english/sayfa.php?t=-Donate

UK’s Disasters Emergency Committee
https://www.donate.bt.com/dec_form_pfa.html

IHH Humanitarian Relief Foundation
http://www.ihh.org.tr/anasayfa/en/

A senior United Nations official has called on the global community to urgently step up its response to the floods that have struck Pakistan.

Louis-George Arsenault, director of emergency operations for Unicef in New York, described the lack of support as “quite extraordinary”.

The humanitarian crisis was the largest “in decades”, he warned.

Mr Arsenault spoke as the International Monetary Fund was due to start talks with Pakistani officials in Washington.

The talks on Monday will allow the IMF to assess how best to give help. It says the floods that have struck Pakistan pose a “massive economic challenge” and it will review the country’s budget and financial prospects.

Experts warn of a second wave of deaths from water-borne diseases such as cholera unless flood victims have access to supplies of fresh drinking water.

Your Helping Hand Reaches To People In Need:

Turkish Red Crescent
http://www.kizilay.org.tr/english/sayfa.php?t=-Donate

UK’s Disasters Emergency Committee
https://www.donate.bt.com/dec_form_pfa.html

IHH Humanitarian Relief Foundation
http://www.ihh.org.tr/anasayfa/en/

The drop in construction costs prompted by the economic crisis is serving as an impetus for the Gulf Cooperation Council (GCC) countries to press ahead with infrastructure schemes.

According to a report published in the latest issue of the Middle East Business Intelligence magazine, there are road projects worth as much as $38.6bn planned or underway in the GCC.

Qatar accounts for some 15% of the total road projects in the GCC, worth a combined $6bn. A major project in the pipeline is the Doha Expressway, an ambitious road development linking the north and south of the country through the capital. It is estimated that the 13-phase project will cost more than QR8bn to execute.
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IDB Holding Corp will launch a $1 billion fund with Credit Suisse Group AG and two groups from Saudi Arabia and Qatar that will invest in emerging markets, the company announced.

“We see a great potential in the emerging markets, which constitute a long-term growth engine for the global economy,” IDB Chairman Nochi Dankner said. “The intensification of the emerging markets is part of a significant financial-political process occurring throughout world, of which the financial crisis was but one of its peaks, where the economic hegemony is gradually shifting from the West to the East.

“The investment in the Emerging Market Credit Opportunity Fund (EMCO) will enable us to deepen the activities of IDB in countries such as China, India and Brazil, as well as to create a presence in other countries in Asia and Latin America that are characterized by high growth rates and a high potential for value creation,” the Jerusalem Post quoted him as saying. Read the rest of this entry »

Some 36% of Qatar’s population use tobacco in one form or other and 10% of the smokers in the country are children, a Public Health and Disease Control consultant said yesterday.
Speaking at a one-day symposium organised by the Supreme Council of Health to highlight the harmful effects of second-hand smoke, Hamad Medical Corporation’s Smoking Cessation Clinic head Dr Ahmad Mohamed al-Mulla said the majority of the smokers in the country was aged 18 years and above.
“Some 10% of these smokers, who mostly use cigarettes and shesha, are children. Another 6% are women, while some 2% are students, who began smoking at the age of 12-15 years,” he said.
According to statistics released by the Ministry of Public Health recently, smokers in Qatar consume about 1bn cigarettes a year with 40% of the adults and 22% of the teens smoking. Each smoker in Qatar consumes about 12,000 cigarettes a year.
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Qatar and Monaco have announced the launch of a joint venture international company that would purchase and administer hotels and tourist resorts in Europe, North America and the Middle East.

Named ‘Monaco QD International Hotels and Resorts Management’, Monaco’s National Company for Finance and Qatari Diar are its joint owners. The initial capital of the company is €5m.

The headquarters of the company will be in Monaco although Qatar has a majority stake in the venture. The company will buy and administer hotels outside Monaco.

An official looking at aid materials on board an aircraft that left Doha for Pakistan. A Lekhwaya Search and Rescue team was on the flight. The aircraft carried tons of food, medical and relief materials to be distributed among the displaced people in the flood-stricken country.
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Although the flow of foreign direct investment (FDI) into Arab countries declined in 2009 as a fallout of the global financial crisis, Qatar witnessed a rise in FDI inflow last year.

The FDI inflow into Qatar was to the tune of $8.7bn, up from $6.7bn in the previous year, media reports suggest.

Qatar, which is the largest exporter of liquefied natural gas (LNG) in the world, was second only to Saudi Arabia, which is the largest Arab economy, in terms of FDI inflow in 2009. The inflow into the Saudi economy was to the extent of a staggering $35.5bn.

However, the difference between Qatar and Saudi Arabia, whose fast-expanding petrochemical sector remains the main FDI puller, was that the FDI inflow (into Saudi Arabia) declined from $38.2bn in 2008 to $35.5bn the following year. In the case of Qatar, the inflow rose in 2009 as compared to 2008.
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The pace and scale of coastal construction in the GCC has been rapid in the past five years and despite the recent economic slowdown, there are still significant areas of growth with mega projects in construction and new tenders being announced.

Marine & Coastal Engineering Middle East will bring together key stakeholders from a diverse range of cutting edge marine projects, representing a unique opportunity to benchmark the region’s leading marine developments. The event set to open tomorrow, and continues between 20 – 23 June, 2010 at Millennium Hotel, Doha, Qatar

The meet would discuss the need for adopting a holistic and sustainable approach to waterfront developments. The experts would also discuss the effects of coastal and marine construction on ecosystem in the Middle East.

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Ministry of Labour has warned all construction companies to abide by the summer outdoor work ban that comes into force on Tuesday.

Any firm which fails to comply with the rule, which outside work between 11.30am and 3pm, until August 31, could see their worksite closed for a month, the Peninsula reports.
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