IN FOCUS: Qatar Motor Show
OCTOBER - NOVEMBER 2018
QATAR
IN THE FOREFRONT IN IMPLEMENTING BEST PRACTICES IN CYBER SECURITY PROGRAMMES IN THE REGION
How the ongoing US-China trade war impact the region, particularly Qatar? Inching towards achieving self sufficiency in water and food security choosing the right growth strategy.
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inside this issue October / November 2018 / Vol. 44 / Issue 09
COVER STORY
24 QATAR CARES ABOUT CYBERSECURITY
36 US-CHINA TRADE WAR
Byond both counties the trade war between China and US has its global implications
Qatar Today explores the efforts of the country to maintain secure and safe online transactions
34 CHOICE OF THE RIGHT GROWTH STRATEGY
When companies merge or acquire to achieve growth, they gain bargaining power and their performance increases 1 > QATAR TODAY > OCTOBER/NOVEMBER 2018
inside this issue
October / November 2018 / Vol. 44 / Issue 09
09 AMIR INAUGURATES ADVISORY COUNCIL 10 AMIR RESHUFFLE THE CABINET 13 ITALIAN AIR FORCE & QATAR DISPLAY TEAM AMAZES DOHA`S POPULATION 22 MOBILE OPERATORS LAUNCH 5G IN QATAR 4 > QATAR TODAY > OCTOBER/NOVEMBER 2018
and regulars 09
NEWS BITES
15
BANK NOTES
16
OIL & GAS REVIEW
17
REALTY CHECK
40
AUTO NEWS
44
MARKET WATCH
50
DOHA DIARY
PUBLISHER & EDITOR IN CHIEF YOUSUF JASSIM AL DARWISH MANAGING DIRECTOR & CEO JASSIM YOUSUF AL DARWISH MANAGER DR FAISAL FOUAD EDITORIAL CHIEF EDITOR IZDIHAR IBRAHIM SENIOR CORRESPONDENTS KARIM EMAM ART SENIOR ART DIRECTOR MANSOUR ELSHEIKH
ADVERTISING MANAGER SONY VELLATT EVENTS OFFICER GHAZALA MOHAMMED ACCOUNTANT PRATAP CHANDRAN PUBLIC RELATIONS OFFICER ESLAM ELMAHALAWY
DISTRIBUTION DEPARTMENT BASANTA POKHREL
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from the desk With 2018 almost coming to an end, it’s time to review the developments that took place during the calendar year. The stalemate among the GCC countries, precisely between Qatar on one side and Saudi Arabia, the UAE and Bahrain on the other, continued with little response to Qatar’s offer to end the crisis. However, the Emir, His Highness Sheikh Tamim bin Hamad Al Thani, is quite optimistic that the stand-off will come to an end soon. “The security and stability of our Gulf and Arab countries will not be achieved by infringement on the sovereignty of the states or interfering in their internal affairs, but only through respecting the rules that regulate relations among them, and working to resolve differences through dialogue that takes into account the interests of all concerned parties. History teaches us that crises are destined to pass but their mishandling may leave behind longlasting repercussions,” he said. Our cover story highlights the importance of cybersecurity stressing the involvement of not only private and public sector entities but also individuals in ensuring their data is not compromised due to hacking by hoodlums and criminals. In fact, Qatar can proudly claim that it is one of the leading countries in the region to run cyber drills, enabling it to transfer such knowledge and expertise to other friendly countries. Another interesting and developing story is the ongoing trade war between the US and China which focuses on how it will impact the economies of GCC countries, particularly Qatar, which has good relations with both countries. In fact Qatar can explore the possibility of exporting high volumes of LNG to China if the latter declines to buy the gas from the US. A piece on Qatar’s fashion industry and Dean and Principal of Instituto di Moda Burgo (IMB) Meenu Prasad takes a look at the fashion industry and what it has to offer to Qatar. The other major reports include the holding of eighth edition of Qatar Motor Show, where new cars were showcased by various automobile giants, and other regular features. Elsewhere in the region, the US re-imposed sanctions on Iran in November restraining its behavior beyond nuclear controls but runninsg the risk of reviving a programme to develop atomic weapons and heightening the tensions in the region. Let us hope the tensions subside and peace prevails. Happy Reading
News > local
AMIR INAUGURATES ADVISORY COUNCIL’S
H
47TH ORDINARY SESSION
is Highness the Amir Sheikh Tamim bin Hamad Al Thani inaugurated the 47th ordinary session of the Advisory Council at its premises on Tuesday morning, November 6 . His Highness the Father Amir Sheikh Hamad bin Khalifa Al-Thani attended the inauguration ceremony. Personal Representative of His Highness the Amir Sheikh Jassim bin Hamad Al-Thani, His Highness Sheikh Abdullah bin Khalifa Al-Thani, His Highness Sheikh Mohammed bin Khalifa Al Thani and HE Sheikh Jassim bin Khalifa Al Thani were also present.The inauguration was also attended by HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al-Thani and a number of Their Excellencies Sheikhs, Ministers, heads of the diplomatic missions accredited to the State and the State’s dignitaries. Speaking about the recent achievements of the country HH the Amir pointed out that “The number of factories operating in the state has increased by about 14% after the blockade, and these factories managed to achieve a great deal of selfsufficiency in some food products and consumables. It is to be noted here that the role played by the private sector in achieving these results was pivotal in terms of its interaction with the
requirements of this stage. We still expect from it a greater readiness for direct investment and bolder initiatives. We are moving at a steady pace to achieve water and food security and to secure sufficient electrical energy to push forward the development drive and meet its requirements. The first phase of the Strategic Water Reservoir Project was inaugurated and work is proceeding to commission the remaining phases by the end of this year, with a 155% increase over the current freshwater stock. Also the Umm Al Houl station in the Economic Zone has come on stream and will be officially opened at a later date. This megaproject will increase Qatar’s electricity production by about 30% and water desalination by about 40%.” HH the Amir stressed that “The security and stability of our Gulf and Arab countries, will not be achieved by infringement on the sovereignty of the states or interfering in their internal affairs, but only through respecting the rules that regulate relations among them, and working to resolve differences through dialogue that takes into account the interests of all concerned parties. History teaches us that crises are destined to pass away but their mishandling may linger and leave behind long-lasting repercussions.” 9 > QATAR TODAY > OCTOBER/NOVEMBER 2018
AMIR RESHUFFLE THE CABINET
His Highness the Amir Sheikh Tamim bin Hamad Al Thani has issued Amiri Order No. 7 of 2018 reshuffling the Cabinet. The Amiri Order appoints HE Dr Issa bin Saad Al Jafali AlNuaimi as Minister of Justice, HE Abdullah bin Abdulaziz bin Turki Al Subaie as Minister of Municipality and Environment, HE Ali bin Ahmed Al Kuwari as Minister of Commerce and Industry, HE Yousef bin Mohamed Al Othman Fakhro as Minister of Administrative Development, Labour and Social Affairs and HE Saad bin Sharida Al Kaabi as Minister of State for Energy Affairs and member of the Cabinet. HE Dr Al Nuaimi will assume the duties of the Minister of State for Cabinet Affairs in addition to the duties of his post.
His Highness the Father Amir Sheikh Hamad bin Khalifa Al Thani and Her Highness Sheikha Moza bint Nasser, Chairperson of Qatar Foundation for Education, Science and Community Development (QF), attended the final 10 > QATAR TODAY > OCTOBER/NOVEMBER 2018
Meanwhile, HH the Amir issued Amiri Decision No. 68 of 2018, amending some provisions of Amiri Decision No. 16 of 2014 setting the competencies of ministries. The new decision details the specialties and tasks of both the Ministry of Finance and the Ministry of Commerce and Industry, and their various areas of jurisdiction and functions. HH the Amir has also issued Order No. 5 of 2018 appointing HE Dr Hassan bin Lahdan Al Muhannadi as Chief of the Court of Cassation.
round of the Longines Global Champions Tour, hosted by Al Shaqab, a member of QF, Saturday evening. Her Highness Sheikha Moza crowned British rider Ben Maher who won both the GCT final leg in Doha and the overall GCL team championship.
The competitions were also attended by HE Sheikh Joaan bin Hamad Al Thani, President of Qatar Olympic Committee (QOC), a number of senior officials as well as a large crowd of people interested in equestrian sport.
affairs > local
QC LAUNCHES ''KHAIRUNA LI-AHLINA'' INITIATIVE Qatar Charity (QC) has launched the Khairuna Li-Ahlina "our good for our people" initiative to garner support for its projects within Qatar in the areas of social welfare, healthcare, education, economic empowerment and water.
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he the first stage of the initiative aims to raise donations worth QR6 million annually to provide aid to more than 2,000 people each year, QC has pointed out. It stresses that the good deeds of the Qatari people reach all who live in the country, and at the same time reach dozens of other countries around the world. The initiative includes eight main projects: treating patients, helping low-income families, providing support for their children’s education, providing water (Soqya), helping workers, repaying the debts for those in debt, consoling those in grief and ongoing charity. It gives an opportunity for philanthropists and benefactors to contribute to support its projects implemented by making a direct donation or a monthly deduction.
MOWASALAT TAKES PART IN IRU WORLD CONGRESS Mowasalat (Karwa) Qatar, represented by Karwa Driving School (KDS) and Karwa Motors – Oman, participated in the World Congress of the International Road Transport Union (IRU) in Muscat during November 6 to 8.
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he IRU World Congress is organised once in two years and this year’s edition was held to address key issues and solutions for the road transport sector. “As a member of the IRU organisation and the only driving school in Qatar to train and deliver the Agreement on the Transportation of Dangerous Goods by Road under the IRU Academy and certify courses accredited by the IRU, we are proud to present our training programme objectives and goals contributing to Qatar’s traffic/road/driving safety on this global platform, interacting and engaging in knowledge-sharing sessions with professionals and experts from all over the world,” Mowasalat said. Robert Makondo of KDS made a presentation on how Karwa Driving School is able to serve Qatar’s transport industry and how it is carrying the responsibility to move people around safely and smartly through professional qualifications and better education for drivers. Besides Qatar, the programme saw the participation of experts from the Gulf region and Europe. Karwa Motors of Oman, who was the Silver Sponsor of the Congress, has a vehicle manufacturing and assembling plant in Duqm,
Oman. The company showcased its brand and project details. Karwa Motors is a collaboration between Qatar and Oman, represented by Mowasalat and Oman Investment Fund, respectively. 11 > QATAR TODAY > OCTOBER/NOVEMBER 2018
QU-CENG RANKING AT THE 2019 US NEWS RANKING Qatar University College of Engineering (QU-CENG) has announced a “record achievement” in the 2019 US News ranking.
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atar University was ranked 132nd in the world in the US News classification for “Best Global Universities for Computer Science”. The universities are ranked based on their reputation and research in the field. US News rankings are esteemed for their comprehensive rankings and use various bibliometric measures as criteria for the list. CENG Dean Professor Abdelmajid Hamouda said: “This achievement refers to the efforts of CENG to excel in scientific and engineering fields through internationally accredited academic programmes, which provide high-quality academic and research outputs. “This classification is an international recognition that means our research groups are in line with the global standards in their progressive achievements, and is a reference
for students, academics, university leaders, governments and the industry.” Department of Computer Science and Engineering head Dr Somaya Al Maadeed noted, “This classification comes as one of the most important achievements of the department, through concentrated efforts with partners to ensure that students receive the best international education standards of regional and international importance.” Head of the Department of Electrical Engineering, Dr Nasser Ahmed Al Emadi, added: “The classification is a qualitative addition to the department and the Electrical Engineering Programme, and is evidence that the departments match their equivalents
in other major international universities. Classification gives the programme a regional, national and international importance. It supports the vision of good leadership, meets the needs of Qatari society for research and higher education, and supports the application of knowledge gained.”
QOC
ORGANIZES ENTERTAINMENT DAY FOR PEOPLE WITH SPECIAL NEEDS The Qatar Olympic Committee (QOC) in collaboration with the Qatar Paralympic Committee has organized the 12th Entertainment Day for people with special needs at the Qatar Sport s Club.
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he event was attended by a number of officials from QOC and Qatar Paralympic Committee. It included sports and several activities dedicated to people with mental, vision and motor disabilities, including barrier races, athletics and leisure events. Participants included a number of Paralympics centres, Qatar Society for Rehabilitation of Special Needs’ female education and rehabilitation centre, Noor Institute for the Blind, Doha International Centre for Special Needs, and Al Tamakon School for Comprehensive Education. Entertainment Day aims to raise the level of awareness for people
12 > QATAR TODAY > OCTOBER/NOVEMBER 2018
with disabilities by giving them an opportunity to express their skills and capacities by participating in several sporting events. Director of Sports Affairs Department of the QOC Khalil Al Jabir highlighted the success of the event adding the event is held annually and is under the umbrella of the "sports for all" concept organised by the department. He added that the department seeks to gather all affiliates of the Qatar Paralympic Committee and special needs centres to enjoy a comprehensive entertainment day that includes various activities. He said the most important feature of this day is to see the smiles and joy in people with special needs and hoped to organise more similar events and initiatives.
affairs > local
ITALIAN AIR FORCE & QATAR DISPLAY TEAM
AMAZES DOHA`S POPULATION On Saturday 10th and Sunday 11th November, starting at 1:45 pm, the skies of Doha in front of the Corniche will hosted some of the most amazing aircraft in the world. The Italian Air Force, together with the Qatari Display Team, enchanted the Corniche with a unique exhibition organized by the Embassy of Italy in Doha and sponsored by Leonardo, the Italy-based aerospace and Defense Company.
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he extraordinary and breathtaking show included the T-346 A, considered the best advanced trainer aircraft available on the market today, and the Eurofighter Typhoon, the latest-generation multi-role fighter, – both performed by the Reparto Sperimentale Volo (Italian Air Force Flight Test Wing), which is responsible for the study and evaluation of all ground and flight tests of aeronautical weapon systems –, and the Italian Air Force aerobatic team “Frecce Tricolori”, the world’s largest and most
known acrobatics patrol, with their ten aircraft performing together. Heir of historical acrobatic traditions, this team of the Italian Air Force is well known all over the world for their stunning aircraft stunts, contributing with their prestige to promote and represents the excellence of Italy abroad. “We are very proud and excited that the Italian Air Force performed for the very first time an aerobatic show with the Qatar Display Team in the sky of Doha – said H.E. Pasquale Salzano, Ambassador of Italy – 13 > QATAR TODAY > OCTOBER/NOVEMBER 2018
“This spectacular event confirms further the bonds of friendship between Italy and Qatar, and reflects the warm welcome of Qatari people towards the Italian community”. Valerio Stella, Leonardo General Manager in Doha, commented: “I am delighted that Leonardo’s most advanced aeronautics technologies presented this show. The chance to admire our M-346 advanced jet trainer, the Eurofighter Typhoon and Italian aerobatic team as they soar over this beautiful city is something unique and extraordinary. We have long been committed to providing a high level of excellence in technologies and services for the Italian Air Force and with the same dedication we are working daily here in Qatar supporting the country institutions with our products and capabilities”.
14 > QATAR TODAY > OCTOBER/NOVEMBER 2018
business > bank notes AL KHALIJI PRICES $ 500 MILLION SENIOR UNSECURED ISSUANCE
Al Khalij Commercial Bank (al khaliji) P.Q.S.C. has recently announced the successful issuance and pricing of benchmark Reg S USD 500 million fiveyear senior unsecured bonds under the Bank and its subsidiary AKCB Finance Limited’s $ 2.5 billion European Medium Term Note (“EMTN”) Programme.
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he issue was arranged and offered through a syndicate of Joint Lead Managers comprising Standard Chartered Bank, Barclays Bank PLC, QNB Capital LLC and The Commercial Bank, and attracted significant global interest. To support the issue, senior representatives from al khaliji held roadshows with the Joint Lead Managers and met a wide variety of investors in Singapore, Hong Kong and London, including financial institutions, pension funds, asset managers and insurance companies. Following the end of the roadshow, the transaction saw
AL KHALIJI’S GROUP CEO, FAHAD AL KHALIFA SAID.
very strong demand, with an order book above $ 1.6 billion in size (an oversubscription of more than three times of the offering amount) allowing the bank to tighten the final spread and the coupon below the initial price guidance sought for the transaction. The issue was finally priced at a spread of 175 basis points over 5-year mid-swaps, carrying a fixed coupon of 4.75% per annum, reflecting strong investor appetite. The net proceeds of the issue will be used for general corporate purposes of the bank.
BRIGHT PROSPECTIVE FOR ISLAMIC BANKS IN QATAR The Islamic Financial Services Board (IFSB) has issued a report indicating that Qatari Islamic banks have consistently enjoyed the lowest cost-to-income ratios throughout the 2017-18 analysis period.
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atari Islamic banks’ cost-to-income ratio has ranged between 22% and 24% during the period due to steady record-low non-performing financing (NPF) rates, asset returns above the Islamic banking industry average, and provisions set-aside covering over 80% of NPF. Qatar represents 6% of the global Islamic banking assets during the review period, IFSB pointed out at its ‘Islamic Financial Services Industry: Stability Report 2018’. Islamic banking assets constitute 26% of the total banking assets in Qatar. Qatar’s Islamic banking sector achieved a growth of 9.1% in 2017 compared
to the previous year, according to a recent report by Bait Al-Mashura Finance Consultations. Though withdrawals were made in the non-resident deposits, total deposits in the sector achieved a growth rate of 13.2% supported by governmental deposits, the report said. In the meantime, financial resources given by the Islamic banks have achieved a growth rate of 7.6% mainly in the private and retail sectors within the area of consumer and real estate markets through financing concentrated on Murabaha, Musawama and others.
BANK PROFITS INCREASE IN Q3 The total assets of commercial banks in Qatar recorded more than a 4% year-on-year increase amounting to QR1.4 trillion in September this year, according to Qatar Central Bank data.
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uch of the credit went to the private sector, which accounted for about 61% of the total, or QR574.39 billion in September this year. Credit to the private sector grew more than 9% on a yearly basis.
Profits of Qatari banks have increased considerably in the third quarter of this year. In addition, overall customer deposits increased considerably at most banks, showing a solid and steady customer trust in the local positive outlook of the local economy.
Bank
Net Profit
Total Assets
Customer Deposit
QNB
QR10.8 bn
QR853 bn
QR615 bn
QIB
QR2,005.3 mn
QR152.5 bn
QR102.9 bn
Doha Bank
QR737 mn
QR90.4 bn
QR51.9 bn
AL KHALIJI
QR469 mn
QR53,589 mn
QR31,600 mn
Commercial Bank of Qatar
QR1,259.6 bn
QR138.7bn
QR74.9 bn 15 > QATAR TODAY > OCTOBER/NOVEMBER 2018
business > oil&gas QP TO TAKE OVER ISND OFFSHORE OIL FIELD NEXT YEAR
Qatar Petroleum (QP) has announced that it will manage and operate the Idd El Shargi North Dome (ISND) field following the expiry of the Development & Production Sharing Agreement (DPSA) with Occidental Petroleum of Qatar on October 6, 2019.
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atar Petroleum and Occidental Petroleum of Qatar signed the DPSA in 1994 for the management and operation of the Idd El Shargi North Dome Field. The field was discovered in 1960 and lies 85 kilometers off the eastern coast of Doha. The Minister of State for Energy Affairs, and vice-chairman, president and CEO of QP HE Saad Sherida Al Kaabi said “Managing and operating this important oil field showcases Qatar Petroleum’s distinctive technical capabilities in operating and managing oil and gas fields, and maximizes the value for the State. It also further
HE SAAD SHERIDA AL-KAABI MINISTER OF STATE FOR ENERGY AFFAIRS, VICEenhances our efforts CHAIRMAN AND MANAGING DIRECTOR to implement our ambitious growth plan designed to set Qatar Petroleum firmly on the road to becoming the best national oil and gas company in the world.” He also added that “Qatar Petroleum will offer employment to all Occidental Petroleum of Qatar employees and looks forward to welcoming them into the QP family.”
QP TO RAISE NORTH QP BOARD OF FIELD LNG OUTPUT TO DIRECTOR'S 110 MN TONNES RESTRUCTURED
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His Highness the Amir Sheikh Tamim bin Hamad Al Thani has issued Decision No. 73 of 2018 on restructuring the Board of Directors of Qatar Petroleum (QP), Qatar news Agency has reported.
he decision stipulated that the board of directors of QP be restructured with His Highness the Deputy Amir Sheikh Abdullah bin Hamad Al Thani as chairman and HE the Minister of State for Energy Affairs as vice-chairman, president and CEO. The members of the board will include HE the Minister of Finance, HE the Minister of Commerce and Industry, Nasser Khalil Al Jaidah, Sheikh Khalid bin Khalifa bin Jassim Al Thani and Saeed Mubarak Al Muhannadi. The decision is effective from its date of issue and is to be published in the Official Gazette.
Qatar Petroleum (QP), the world’s top supplier of liquefied natural gas (LNG), has said it was adding a fourth LNG production line to raise capacity from the North Field to 110 million tonnes a year.
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utput from the field, which is shared with Iran, will rise from the current 77 million tonnes a year now. Last year, Qatar Petroleum announced it was planning to develop additional gas from the North Field and build three new LNG mega trains. The new project will produce about 32 million tonnes per year of LNG, 4,000 tonnes a day of ethane, 260,000 barrels a day of condensate, and 11,000 tonnes a day of LPG, in addition to approximately 20 tonnes per day of pure helium, Qatar Petroleum said. This will increase Qatar’s total production capacity from 4.8 to 6.2 million barrels of oil equivalent per day, the statement added.
16 > QATAR TODAY > OCTOBER/NOVEMBER 2018
PRICES OF QATARI CRUDE RAISED 2.5% IN OCTOBER Qatar Petroleum has announced its official selling price for Qatar Marine and Qatar Land crudes for the month of October 2018.
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he price registered for Qatar Land Crude was $ 81.25 a barrel, compared to $ 79.3 a barrel in September. This represents a growth of 2.5 percent. The company said the price of Qatar Marine Crude was $s 79.9 a barrel, compared to $ 78 the previous month. The increase in the monthly price was approximately 2.4 percent. (QNA).
business > Real Estate
Q3 2018 QATAR REAL ESTATE MARKET STABILIZING
Increased transactional volume and market corrections across all sectors in Qatar.
Q MSHEIREB PROPERTIES
WINS SMART CITY AWARD Msheireb Properties was one of the big winners at the World Smart City Awards held recently at the Smart City World Expo Congress in Barcelona, receiving one of the seven awards for recognising Smart Cities.
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sheireb Properties was recognised for the companies’ flagship development, Msheireb Downtown Doha (MDD), the most innovative and successful project being implemented and developed in the fields of governance and finance. MDD demonstrated high levels of governance and finance practices through all phases of development, across the 20+bn Qatari Riyal project. Ali Al Kuwari, Acting CEO at Msheireb Properties, commented: “Msheireb Properties competed and won against some of the most prominent companies responsible for developing Smart City projects around the world.” The Governance & Finance Award is one of several awards received by Msheireb Properties, cementing its track record of success and achievements, and reiterating the capability of Qatari companies to develop large-scale, smart and sustainable cities, with the Msheireb Downtown Doha project currently considered the second smartest city in the world. Msheireb Properties has been recognised for the second consecutive year at the international Royal Society for the Prevention of Accidents (RoSPA) Health and Safety Awards 2018, held in Glasgow. RoSPA has awarded Msheireb Properties their Gold Award in recognition of its industry-leading practices that have ensured that the company’s staff, clients and contractors get home safely at the end of each working day. Ali Al Kuwari said: “We are truly honoured to receive the RoSPA Gold ASward for the second consecutive year. This showcases our dedication toward accomplishing best practices for the safety of our staff and employees.”
atar’s Residential ValuStrat Price Index (VPI), where a 100-point base was set in Q1 2016, stood at 75.8 points. Residential unit prices fell because of rising supply, subdued population growth and increased borrowing costs. Countrywide residential capital values declined by 19.5% compared to the same quarter in 2016, 10.7% compared to Q3 2017 and 2.2% compared to Q2 2018. The weighted average value of a residential unit stood at QAR 8,434 per sq m. More specifically, apartments were QAR 12,208 per sq m and villas stood at QAR 6,555 per sq m. Capital values of freehold apartments fell by 3.2% on a quarterly basis, while villas fell by 2.2% QoQ. Villas in certain clusters of Al Wakrah/Wukair, West Bay Lagoon, Al Dafna and Al Thumama experienced declines of up to 8% quarterly. Citywide residential asking rents declined by 12.4% over the past 12 months and by 3.9% since the first quarter of 2018. Increasing supply continued to put downward pressure on apartment rents, as it reduced by 10.9% on an annual basis and by 4.2% quarterly. Similarly, corrections have been observed in the villa market, as rents declined by 20.5% compared to the same quarter in 2017 and by 2.3% QoQ. In Q3 2018, gross yields averaged 4.9% for all residential unit types.
Source: www.zawya.com/mena/en/pressreleases/story/Valustrat_issue_Q3_2018_Qatar_real_ estate_market_report-ZAWYA20181105062126/
MINISTRY OF JUSTICE HOLDS SEMINAR ON REAL ESTATE BROKERAGE A seminar organized by the Ministry of Justice’s Legal and Judicial Studies Centre highlighted the reality of real estate brokerage in the country, with focus on the legal provisions regulating it in the presence of representatives of a number of competent authorities, stakeholders and those interested in the real estate market.
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he seminar reviewed the legal provisions regulating real estate brokerage in the light of the new law No 22 of 2017 and the executive procedures accompanying the development of the brokerage profession, as well as the control of the real estate market, including the strict conditions and controls introduced by the new real estate brokerage law No. 22 of 2017 to control real estate market and prevent it from intruders. Director of the Legal and Judicial Studies Centre Fatima Abdulaziz Bilal pointed out that the reality of the Qatari economy and the growing real estate sector require the presence of specialized real estate companies working to achieve balance in the real estate market and to be an honest broker in the sale or purchase operations, especially with the increase of the construction sector in the country. 17 > QATAR TODAY > OCTOBER/NOVEMBER 2018
affairs > worldview
PO RIVER FLOODED AFTER HEAVY RAINS IN TURIN People look at the Po river after front lanes along the river were flooded following heavy rains, in Turin, Italy, November 6, 2018. Eleven Italian regions requested a state of emergency over recent devastating storms that had destroyed forests and crops and killed over 30 people. EPA-EFE/ALESSANDRO DI MARCO
18 > QATAR TODAY > OCTOBER/NOVEMBER 2018
19 > QATAR TODAY > OCTOBER/NOVEMBER 2018
affairs > arab snippets
20 > QATAR TODAY > OCTOBER/NOVEMBER 2018
TORRENTIAL RAIN IN JORDAN CAUSES SCHOOL BUS ACCIDENT Jordanian rescue teams guide children and adults rescued at the site where a school bus was swept away by torrential rains, near the Dead Sea, Jordan, October 25, 2018. According to local media sources at least 18 people, most of them children, died after sudden torrential rain swept away a school bus carrying students who were on a trip near the Dead Sea area. On the evening of October 25, Prime Minister Omar Al Razzaz went to the search and rescue area and called for a full investigation. EPA-EFE/BASEL IRANI
21 > QATAR TODAY > OCTOBER/NOVEMBER 2018
affairs > viewpoint
MOBILE OPERATORS LAUNCH 5G IN QATAR QATAR HAS TAKEN AN EARLY LEAD IN ROLLING OUT 5G MOBILE SERVICES, WITH OOREDOO AND VODAFONE QATAR BOTH LAUNCHING THEIR NEXT GENERATION NETWORKS IN RECENT MONTHS.
22 > QATAR TODAY > OCTOBER/NOVEMBER 2018
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aving run initial test services in May, Ooredoo announced at the end of July that it had successfully launched 5G services at 50 network stations across the country, making it the first company in the world to roll out a commercially available 5G network. On August 26 Vodafone Qatar switched on its own 5G service, with its first enterprise customer, submarine cable provider Gulf Bridge International, connected two days later at the Qatar Science and Technology Park. The competing 5G services offer rapid connectivity, with download speeds in excess of 1gbps, and ultra-low latency, meaning very short delays for data transmission. Consequently, subscribers should notice improved performance in functions such as voice over internet protocol, streaming services, content downloads and online gaming.
Internet of Things to receive boost The launch of 5G services should also open doors for those local ICT players able to take advantage of expanded bandwidth capacities to develop new applications and advanced programming. One area likely to benefit significantly from higher mobile network speeds is Qatar’s burgeoning Internet of Things (IoT) segment, which requires high speeds of data transmission to facilitate the introduction of IoT applications, such as driverless vehicles, smart transport technology and augmented reality. Ooredoo announced in March that it was partnering with Germany-based Software AG to use the latter’s Cumolcity IoT platform to provide its business customers with IoT solutions, and, following the launch of Ooredoo’s 5G network its COO, Yousuf Abdullah Al Kubaisi, said the firm expected significant potential for IoT applications in the transport, retail, energy, health care, education and entertainment sectors.
Qatar already highly rated for mobile data speeds Ramped-up investments in infrastructure and supportive technologies are already paying dividends in Qatar, which ranked first for its mobile internet provision in the July 2018 edition of the Speedtest Global Index, a monthly survey undertaken by the network tester Ookla. Qatari users’ mobile download speeds averaged 62.63 Mbps, almost three times the international average of 22.81 Mbps. Moreover, while its rank of 52nd in fixedline download speeds indicates that there is ground to be made up in that regard, the development of 5G capacity is expected to hasten the shift towards mobile usage and, correspondingly, further erode the significance of fixed-line access.
“Demand for internet capacity is forecast to grow rapidly in the coming years from both enterprises and individuals. Local capacity requirements will increase as a major component of Qatar’s Vision 2030 is focused on raising the country’s digital capabilities,” Abdulla Al Rwaili, managing director and executive vice-chairman at Gulf Bridge International, told OBG. “This demand will come from a range of sectors including education, transport, hydrocarbons and government services.” Government spending on ICT is expected to continue, particularly in developing integrated e-government services, which will also help boost the country’s digital capabilities. “Despite the ongoing blockade there have been no cuts to government spending in the ICT sector – particularly in developing the country’s e-government capacity and the digital transformation of Qatar’s economy,” Yousef Al Naama, managing director of IT services firm Malomatia, told OBG.
Broader benefits of 5G As the nation’s telecommunications infrastructure has matured, opportunities for ancillary IT services such as cybersecurity have seen commensurate growth. “With the growing cyber threat, the need for secure telecom networks is increasing along with ancillary IT services such as cybersecurity. Customers are aware of these threats, particularly the government entities, and are demanding that service providers secure their networks,” Ahmed Salman Ali Al Sulaiti, CEO of state-owned ICT infrastructure provider Qatar National Broadband Network, told OBG. “Residual resistance to market changes has dwindled,” he said. “The market now knows exactly what it needs to protect its information, and we expect this to strengthen demand for private and special networks for secure data servers.” The roll-out of 5G will also accelerate the development of wider communications infrastructure in Qatar, according to Ali Ahmed Al Kuwari, CEO of Qatar-based satellite services operator Es’hailSat. “While the deployment of 5G will increase pressure on satellite service providers, it will also create a stronger operational environment, one in which terrestrial and satellite providers offer complementary services,” he told OBG. “Satellites, for instance, will continue to comprise a critical piece of disaster management systems, in addition to providing connectivity in areas that are unreachable for fibre optic cables.”
BY OLIVER CORNOCK Managing Editor, Middle East Oxford Business Group
This Qatar economic update was produced by Oxford Business Group.
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CYBERSECURITY TOP PRIORITY FOR SUCCESS AND SAFETY ONLINE
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COVER STORY
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QATAR LEADING
IN CONDUCTING CYBERSECURITY DRILLS Cybersecurity is a very wide-ranging topic, especially in the GCC and Middle East region where investment in it still needs to be further enhanced to address the various threats targeting almost all life activities, either directly or indirectly. As we rely more heavily on online technology, computers and smart devices, the need for greater investment in online protection, whether in hardware or software, seems inevitable to avoid potential losses and the disruption of the smooth operation of daily transactions on multiple levels. Everyone is affected: private individuals, companies, government departments and organizations. Accordingly, public awareness is of paramount importance in addressing cybersecurity concerns and so it is vital to instruct individuals and enterprises on how important it is to maintain a safe online presence and to protect all transactions. The programmes for the seminars accompanying the International Exhibition of Internal Security and Civil Defense, Milipol Qatar 2018, held in Doha on October 2131, with the participation of security experts from Qatar and several other countries, focused on cybersecurity and its implications for the region. One such seminar was on “Cybersecurity and Cybersecurity Threats”, where Assistant Undersecretary of the Cyber Security Sector at Qatar Ministry of Transport and Communications Khalid Sadiq Al Hashimi took part with Dr Tom Karygiannis, Vice President of Product at Kryptowire. 26 > QATAR TODAY > OCTOBER/NOVEMBER 2018
Al Hashimi talked about Qatar’s national efforts to address the challenges in the field of cybersecurity, stressing that the concerned authorities are adopting the best programmes and systems to protect the security of information. He pointed out that these systems are designed according to the latest technology to avoid potential penetration. He stressed that the security process is not limited to the design of security programmes but extends to raising employee awareness through lectures and training courses that focus on how to avoid anonymous messages and to detect, block and secure sites from any breaches. Al Hashimi pointed out that cybersecurity includes the security of information on computers and computer networks, including the processes and mechanisms through which the protection of computer equipment, information and services from any unintentional or unauthorized interference or change or damage may occur. He said that malware and viruses are the most prominent electronic threats. “The Ministry of Transport and Communications (MoTC) has recently pointed out that Qatar is one of the leading and first regional countries to run cyber drills depending on the national potential, enabling it to transfer such knowledge and expertise to other friendly countries,” said Al Hashmi on the sidelines of the press conference on the 6th National Cybersecurity Drill “Star 6” organized by MoTC. He highlighted the importance of digital assets and
the role of national cyber drills in protecting them, as they are of extreme importance nowadays. These assets include all information, data, systems and information and communications technology (ICT) infrastructure which is utilized through coordinating and unifying efforts to immediately exchange information among the different concerned sectors. He considered this as one of the most important foundations of cybersecurity for the protection of all sectors of the country. He said that the 6th edition of “Star 6”, set to take place in December this year, will deal with securing major events from a cybersecurity perspective. He reiterated the importance of the drills because of the importance of achieving cybersecurity at the events Qatar is hosting, led by the 2022 FIFA World Cup. The first edition of the drills in 2013 featured 120 participants and 20 entities, while the upcoming edition is expected to have more than 500 participants and around 95 entities. He added that for the 6th edition, the private sector is allowed to participate as it is an important sector in the supply chain of equipment and information technology. The private sector also plays a vital role in achieving cybersecurity, and its standards match those globally. He said that the drills aim to raise these standards to even higher levels. Al Hashmi explained that the national cybersecurity strategy is founded on three important elements – human, procedural and technical – and stressed that all information security policies issued by the country are made through various relevant bodies, workshops and courses. The scheduled cybersecurity drills will focus on maintaining a balance in implementing these three elements to achieve effective cybersecurity and system protection. However, implementation of the relevant legislation may take a relatively long time due to its special nature and to avoid any negative impact on the parties involved. He said that the legislation is aimed at protecting the interests of all parties and making Qatar attractive to investors. Nora Al Abdullah, Head of Qatar Computer Emergency Response Team (Q-CERT) at MoTC, said that cyber drills are an important part of the national cybersecurity strategy that was issued in 2014. She pointed out that since the first drill, entitled “Response to cyber incidents”, the mechanism for implementing the drills has been developed, with the number of participants rising from 20 to about 95 in the upcoming edition. She further stressed the importance of the upcoming drills for the development and refinement of national capabilities in the field of cybersecurity through developing and maintaining a professional workforce in this field, in addition to improving the opportunities for establishing companies from both the public and private sectors in cybersecurity fields, and investment in research that aims at developing and marketing innovative solutions in the field.
QCB WELL PREPARED AGAINST POTENTIAL CYBERTHREATS In an exclusive interview with Qatar News Agency on Qatar Central Bank’s (QCB) readiness and ability to address any cyberattacks or hacking that may affect its financial activities, HE the Governor of Qatar Central Bank, Sheikh Abdullah bin Saoud Al Thani, said that QCB has an information security department in its IT Department which develops and implements security policies and procedures necessary to protect the bank from any actual or potential attacks, using the latest systems. It also monitors security records to protect QCB’s network and has formed a team to respond to information security incidents and to verify cyberattacks. QCB also communicates with the competent authorities in the country, such as the Ministry of Interior and the Ministry of Transport and Communications, in order to exchange information and report any attempts of cyberattacks. Al Thani noted that QCB’s security devices have addressed numerous cyberattacks and persistent hacking attempts.
“QATAR CENTRAL BANK HAS AN INFORMATION SECURITY DEPARTMENT IN THE IT DEPARTMENT WHICH DEVELOPS AND IMPLEMENTS SECURITY POLICIES AND PROCEDURES NECESSARY TO PROTECT THE BANK FROM ANY ACTUAL AND POTENTIAL ATTACKS, USING THE LATEST SYSTEMS.” HE SHEIKH ABDULLAH BIN SAOUD AL THANI Governor of Qatar Central Bank
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“AS AN AIRLINE, SECURITY IS ONE OF OUR HIGHEST PRIORITIES, AND THIS INCLUDES CYBERSECURITY. BY WORKING WITH LOCAL GOVERNMENT, INTERNATIONAL LAW ENFORCEMENT AGENCIES AND FINANCIAL SERVICES PROVIDERS, WE AIM TO HELP PREVENT FRAUD BEFORE IT OCCURS, THEREBY PROTECTING CONSUMERS AND BUSINESS’S HARD-EARNED RESOURCES.” AKBAR AL BAKER Qatar Airways Group Chief Executive
AIRLINERS TAKE CYBERSECURITY SERIOUSLY In the meantime, Qatar Airways has joined Qatar’s Ministry of Interior (MoI) in leading a national consumer awareness campaign aimed at developing enhanced security and protection strategies designed to combat cyber fraud. It has partnered with the MoI to raise community awareness of ways to combat the growing threat to consumers and businesses. The national campaign will provide consumers with information, strategies and resources to raise awareness of the schemes devised by fraudsters, as well as the actions and reporting mechanisms that can be employed to protect consumers and lead to the apprehension of cyber criminals. Qatar Airways Group Chief Executive Akbar Al Baker said, “As an airline, security is one of our highest priorities, and this includes cybersecurity. By working with local government, international law enforcement agencies and financial services providers, we aim to help prevent fraud before it occurs, thereby protecting consumers and business’s hard-earned resources.” Lieutenant Colonel Ali Hassan Al Kubaisi, assistant director, Criminal Investigation Department (CID) at the Ministry of Interior and former head, Economic Crimes Prevention Section, said: “The Ministry of Interior exerts every effort to protect users of e-services from cybercrimes. Despite the fact that Qatar is making a series of achievements in the field of IT, and resorts to technology in day-to-day business, this may lead to dangers that threaten the security of end users and make their security vulnerable. With electronic systems in different organisations and institutions having been upgraded thanks to sophisticated IT infrastructure, fraudsters have turned their attention to users to attempt to penetrate their 28 > QATAR TODAY > OCTOBER/NOVEMBER 2018
accounts and information, including financial, credit card and personal information. This has led us to direct more attention to Internet fraud and has encouraged us to find new ways to fight this phenomenon and to inform users about the dangers on the horizon.” Lt Col Al Kubaisi appreciated the partnership and praised the ongoing co-operation between MoI and Qatar Airways Group, saying that both play a vital role in developing security systems and awareness campaigns, as well as fighting these crimes that accompany the progressive development of technology used in flight ticket reservations. He said, “We urge all Internet users to double-check the official website address accurately, as well as the official application of the airline when booking tickets. We also urge users to check terms and conditions of service. For example, when using a credit card to book a ticket online, the same credit card may be asked for at some airports, so not having the card at the time of check-in may result in delays. Airlines are always keen to check the validity of information, so Qatar Airways has joined Qatar’s Ministry of Interior (MoI) in leading a national consumer awareness campaign aimed at developing enhanced security and protection strategies designed to combat cyber fraud.” Mudawi Saeed Al Qahtani, head, Economic and Electronic Crimes Section at the Criminal Investigation Department, said: “I want to seize this opportunity to congratulate Qatar Airways on the success of the field operation ‘Global Airport Action Day’ that took place at Hamad International Airport earlier this year. The operation’s aim was to protect travellers from all types of fraud, through equipping employees with the latest updates about how to be fully protected from cybercrimes, as well as upgrading the security precautions implemented by law
enforcers in detecting fraudsters and scammers. Many travellers may become victims of cybercrimes by visiting random websites to book tickets, but realise later that the website is a scam and their credit card details have been stolen.” “Hundreds of global organisations participated in the awareness campaign, alongside a host of international airports, airlines, credit card providers and law enforcers, under the supervision of Interpol and the European Union Agency for Law Enforcement Co-operation (Europol)”, he added. BUSINESSES IN QATAR READY FOR HANDLING CYBERATTACKS Gulf Business Machines (GBM) Qatar has conducted a cybersecurity study, suggesting that a large number of Qatari companies believe that Artificial Intelligence (AI) could help them predict cyberattacks. The survey pointed out that 18% of Qatari enterprises said that they were breached at least once in the last 12 months, which is very low compared to international statistics (an average of 54%). Among the participants in the survey, 41% said AI would be the most critical resource that could help predict cyberattacks, while 28% expressed interest in investing in AI. “Qatar, along with the rest of the globe, is a target for cybercrime. As the Internet’s presence in our lives continues to grow, so do the chances of falling victim to a cyberattack. With the increasing cost of a data breach, the impact of common error cannot be understated and the importance of a well-equipped security protocol cannot be overstated. In today’s context, it is crucial for organizations to understand that preparation against a security breach should not be purely focused on preventative tactics, but rather it is important to invest in resources that aid in detection and response. This will test the resilience of an organization’s security against breaches”, pointed out GBM Qatar general manager Soubhi Chebib. The survey found that only 12% of the participating organizations have made detection and response technology a key priority. However, most participants said that investment in preventive technology will remain a top priority. The survey stressed the need to change the approach, particularly at the management level regarding spending on the proper security technology. In the meantime, it said that 62% of the participants already have a security operations centre in place that enables them to efficiently monitor their operations around the clock to ensure appropriate recognition and response to potential security incidents. KASPERSKY LAB URGES ACADEMICS TO BE CAREFUL ONLINE Cybersecurity attacks do not only target businesses and
“CYBERSECURITY INCLUDES THE SECURITY OF INFORMATION ON COMPUTERS AND COMPUTER NETWORKS, INCLUDING THE PROCESSES AND MECHANISMS THROUGH WHICH THE PROTECTION OF COMPUTER EQUIPMENT, INFORMATION AND SERVICES FROM ANY UNINTENTIONAL OR UNAUTHORIZED INTERFERENCE OR CHANGE OR DAMAGE MAY OCCUR.” KHALID SADIQ AL HASHIMI Assistant Undersecretary of the Cyber Security Sector at Qatar Ministry of Transport and Communications
individuals, as Kaspersky Lab urges academics to be careful online: the company’s researchers have detected multiple cyberattacks hitting at least 131 universities in 16 countries. These attempts to steal sensitive university information have happened in the last 12 months, with nearly 1,000 phishing attacks since September 2017. Fraudsters are hunting for credentials of employees and students, their IP addresses and location data. In most cases, they create a web page for entering login and password information to universities' digital systems that is visibly identical to the authentic original. While the importance of bank employees’ credentials or passwords of workers in industrial enterprises is obvious, personal accounts of students and staff at universities might seem to be insignificant targets for cybercriminals. As a matter of fact, the information that could be found through successful spear phishing attacks on universities might be even more valuable: their databases contain 29 > QATAR TODAY > OCTOBER/NOVEMBER 2018
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“THE NUMBER OF TARGETED ENTITIES IS CERTAINLY WORRYING – APPARENTLY, EDUCATION IS BECOMING A HOT TOPIC AMONG CYBERCRIMINALS. UNIVERSITY STAFF NEED TO CONSIDER THAT EACH OF THEIR EMPLOYEES AND STUDENTS CAN BECOME A WEAK LINK AND PROVIDE CRIMINALS WITH ACCESS TO THEIR SYSTEMS, AND BE PROACTIVE IN TAKING NECESSARY SECURITY MEASURES.” NADEZHDA DEMIDOVA Security researcher at Kaspersky Lab
many impactful and exclusive types of research on various topics, from economics to nuclear physics. Besides, since many of them collaborate with leading vendors for PhDs, threat actors might access data containing not only unique expertise but also private and potentially compromising information on companies. Even though universities are attentive to their IT security, attackers find ways to breach their systems by targeting the weakest link – inattentive users. In most scenarios threat actors created a web page that appeared to be identical to the website of the university, yet differed from it with a few letters in the web address. Usually, victims are quite likely to fall into the trap by entering their credentials and sending their sensitive information to phishers, especially if proper social engineering methods are used. All in all, researchers detected 961 attacks on 131 schools, aiming mostly at English-speaking universities. Eightythree of the targeted institutions are located in the USA, 21 in the UK. The threat actors were especially interested in the University of Washington: Kaspersky Lab detected 111 attacks aimed at this particular school. The statistics show that educational institutions in Asia, Europe and Africa faced attacks too. “The number of targeted entities is certainly worrying – apparently, education is becoming a hot topic among cybercriminals. University staff need to consider that each of their employees and students can become a weak link and provide criminals with access to their systems, so they need to be proactive in taking necessary security measures,” said Nadezhda Demidova, security researcher at Kaspersky Lab. 30 > QATAR TODAY > OCTOBER/NOVEMBER 2018
CYBERSECURITY AN EVERYDAY ROUTINE LIFE FACT Cezary Murawski, general manager of Remah, pointed out that nowadays it is difficult to imagine our routine life without technology. New communication is a much wider term than “to be online.” To demonstrate just how serious cybersecurity threats are, we should analyze our everyday habits, responsibilities and depedence on technology. Some of our relationships with cyber solutions are obvious, like emails, social networks, communicators, web portals, etc. But some of them are hidden, like remote access to bank accounts, our home Wi-Fi network, our cars, watches (not only smart watches), kitchen devices, automatic vacuum cleaners, etc. Even if you are having dinner with your family and friends at a restaurant, you are attached to technology because most probably you used Maps App in your smartphone to find the best route to reach your destination. “Imagine a scenario where someone can easily access information about the time you left your home, your office route, or your business competitor getting access to your company’s confidential documents, information about your products, plans and contacts – you are exposing a lot of personal data by using such technology tools. The challenge gets compounded when it comes to ensuring national security. Like any other country, cybersecurity threats and risks exist in Qatar but the good news is that companies and people are better prepared to fight against cybercrime than earlier times. Constant improvement in cybersecurity vigilance techniques is the best way to shield ourselves and our nation from all potential risks,” he said.
Founded in 2016, Remah is a trusted advisor, mentor and supporter, delivering global expertise to improve clients’ IT defences. Remah’s reality-based strategy enables the team to deliver the highest standards of quality service across all sectors. Murawski stressed that it would be unfair to claim that Qatar is a major target but it is definitely on high alert. The finance and insurance sectors are always the primary targets for cyber criminals, with an equally potential threat to mobile communication and technology companies. Each business and economic activity where data is stored is always on the cyber criminals’ radar. “Having said that, we can’t underestimate the dire need to protect citizens’ personal information as cyber criminals are always on the lookout to get such information to monetize situations in their favour,” he said. About his company’s activities in the field, he said: “Penetration Tests (PT) are Remah’s main specializations. We are working on a few layers, starting from the hardware level, going through operations systems, up to application layers. Our PT service should be treated as a basic service, which all companies are running on, at least on a quarterly basis. Outcomes and reports conducted during tests significantly increase security levels. Our PT service also helps us to share our knowledge with our customers.” “Specialized Wi-Fi network testing is a new service in our portfolio. Having specialized knowledge and using our experience, we can easily identify malicious and fake networks. You should remember that connecting your device to untrusted Wi-Fi and using unencrypted connection means you are exposing your data. Any ‘catcher’ can intercept your traffic. Regular verification and tests will help you to eliminate this risk,” he added.
“IT WOULD BE UNFAIR TO CLAIM THAT QATAR IS A MAJOR TARGET BUT DEFINITELY IT IS ON HIGH ALERT.” CEZARY MURAWSKI General Manager of Remah
He pointed out that to secure online transactions means that we must be one step ahead of cyber criminals. Cyber criminals do not operate only on one level. Starting from hardware, going through systems and applications, we need to maintain all technology aspects that are impacting our lives. “In short, we can enumerate a few challenges like increasing compliance with local and international standards and requirements towards online systems integration and fraud, which are real pain points for all online systems,” he explained. “Risks are coming from many directions and there is no space for selective implementation in the security area. By leaving one door open, we are throwing open our whole system to criminals. Being global also means that we need to integrate our systems with other systems around the world. It’s very challenging in terms of workload and technical knowledge,” he concluded.
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CREATING A GDPR COMPLIANCE FRAMEWORK
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here has been a lot of talk about (GDPR ) over the last year, so organizations today understand the serious repercussions of non-compliance and many have put basic frameworks in place with a focus on two pillars—“people” and “process.”
People ̶ GDPR stipulates the appointment of a data protection officer (DPO) for any organisation that is a public authority that has a core activity involving the monitoring of individuals on a large scale, or the processing of large volumes of sensitive data. The DPO needs to have a thorough knowledge of GDPR and have an independent voice within the organisation. Process ̶ Many organizations’ GDPR approach so far has been data mapping, i.e., identifying where, why and how personal data is being used, while also eliminating any unnecessary data processing. Once this is done, each organisation has a foundation on which to establish
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CYBER CRIMINALS TODAY ARE ATTEMPTING TO PENETRATE YOUR ORGANISATION’S NETWORK TO TRY TO GET HOLD OF CRITICAL ASSETS, WITH MOST LOOKING FOR VALUABLE PERSONAL IDENTIFIABLE INFORMATION (PII). IT IS A FACT THAT CYBERSECURITY ATTACKS ARE ON THE RISE ALL OVER THE WORLD, AND THE ARAB WORLD IS NO EXCEPTION. THERE ARE EVEN SOME RECENT REPORTS STATING THAT THE ARAB COUNTRIES ARE AMONG THE ONES FACING THE HIGHEST NUMBER OF ATTACKS. MEANWHILE, IN THE EU, GDPR WAS LAUNCHED BACK IN MAY 2018 TO CREATE A NEW BENCHMARK FOR PERSONAL DATA PROTECTION, AND ITS INFLUENCE WAS FELT FAR AND WIDE. IT IS NOW THE TEMPLATE FOR PRIVACY LAWS THROUGHOUT THE WORLD. SO HOW CAN ORGANIZATIONS IN THE MIDDLE EAST CREATE A FRAMEWORK TO ENSURE ATTACKS ARE DEALT WITH IN A GDPR-AWARE MANNER, MINIMISING FINES, REDUCING BREACH-RELATED COSTS, AND ULTIMATELY BETTER PROTECTING PII?
secure policies and processes. While the two GDPR pillars—“people” and “process”—have been looked at, there has been some lag in the use of the third pillar— “technology”—which plays an important role in detecting attacks and, crucially, in responding to attacks. Do organisations need to rip up and replace existing cybersecurity tools? LET’S LOOK NOW AT THE TECHNOLOGY ASPECTS ABOUT DATA PROTECTION AND GDPR: TECHNOLOGY: SECURITY SOLUTIONS TO THE RESCUE A GDPR security strategy should look at four technology areas. By applying good-quality security solutions to each of these areas, security teams and the DPO can together manage the inevitable exposure to the risk of cyberattack.
NETWORK ACCESS CONTROL (NAC) Businesses today embrace the idea of anywhere, anytime connectivity, but have largely ignored the need for secure NAC. Many employ a laid-back “connect now, secure later” NAC philosophy. Others simply choose the same vendor for security that they use for network infrastructure. Both of these approaches give the illusion of security—even compliance—but in reality, leave extensive security gaps. Network Access Control (NAC) offers, at a minimum, authentication of a user or device. With mobile access now the norm and Internet of Things devices connecting to the network, the only way to ensure proper access is maintained is to go beyond simply validating credentials. The next level beyond this is to tightly control who and what is authorised to access IT assets, including personal information. With advanced NAC, the IT team knows where personal data is located. They can use NAC to stipulate who is entitled to access that information and under what circumstances. In an ideal world, NAC and policy management solutions will provide device discovery, role-based access to IT assets and a closed-loop, policy-based attack response. For complete convenience, it should also integrate seamlessly with existing network infrastructure, perimeter security systems and service and support offerings. ASSURANCE The next level of protection relies on the fundamental security of the underlying network infrastructure. If data can be easily tapped off the network in normal day-to-day business flows and processes, the chances of a breach increase. This is where technologies such as equipment tamper-proofing, encryption, key management and secure network administration are critical to the overall security strategy. BREACH DETECTION GDPR requires the reporting of a data breach within 72 hours. Many existing systems can take almost all of this time to detect and generate the required event information. While prevention is better than cure, early detection of a breach is a close
second. There’s a huge range of different technologies and products available that find attacks before they do damage. Today, more and more attacks are specifically designed to breach traditional defences. It is because these exploits almost always result in the loss of personal information (and a quick sale on the Dark Web) that new approaches to attack detection are required. For example, a high volume of breaches makes use of valid credentials, which means phishing attacks and social forensics are one of the biggest risks. The result is the bad actor using legitimate credentials to execute an attack that may take days, weeks or even months to unfold. How do you stop an “attack” using valid credentials to tap information that the real user has a valid reason to access? Because these are previously unknown attacks, it’s no use to look for a signature or pattern to detect them. This means IT and security teams introducing an additional level of monitoring that complements existing defences, one that uses new types of attack detection such as machine learning to detect small behavioural changes that suggest an attack has occurred. Actions can range from requiring re-authentication or quarantining to totally blocking network access. Machine learning can establish a “risk score” based on the characteristics of suspected unusual behaviour and how these characteristics differ from the norm. This helps organisations to prioritise their resources and investigate suspected attacks before they do damage. Response to Breach The GDPR’s breach notification requirements are very clear when it comes to what an organisation must do when a personal data breach occurs. These include notifying the regulator within 72 hours of being “aware of the breach” and notifying impacted individuals “without undue delay.” The notifications must include details of the breach including: •
• •
The type of data, type of exposure and the number of individuals involved The probable consequences of the breach Any mitigation actions taken
BY RABIH ITANI,
So, in the unfortunate event that a breach occurs, the DPO and their team need to rapidly gather the facts: what happened, the scope of the damage, and a plan for containment and remediation. This all has to be communicated to the regulators and authorities in a clear, concise manner. It is vital they have the tools and solutions to deliver this information efficiently. Any delays in gathering this information could severely affect the organisation’s reputation and finances. In conclusion, GDPR compliance is not fully defined by the law and will be determined in part by rapidly advancing security technology capabilities and evolving best practices. Only technologies that are open and interoperable will make it through to the next generation of cybersecurity defences.
ABOUT THE AUTHOR
Rabih Itani is the regional business development manager for security solutions across the Middle East and Turkey at Aruba, a Hewlett-Packard Enterprise Company. In this role he works closely with Aruba channels, customers and alliances and across almost all industry verticals including education, healthcare, government, financial services, and banking to design networks that are immune and responsive to internal threats. 33 > QATAR TODAY > OCTOBER/NOVEMBER 2018
affairs > bottom line
GROWTH STRATEGY:
HOW TO CHOOSE THE RIGHT GROWTH STRATEGY? LARGER FIRMS OFTEN OUTPERFORM THEIR SMALLER COMPETITORS. BUT AS COMPANIES SCALE UP, HOW DO DIFFERENT GROWTH STRATEGIES AFFECT PERFORMANCE? PIERRE DUSSAUGE AND CORESEARCHERS EXPLORE THE BENEFITS THAT ACCOMPANY DIFFERENT MODES OF GROWTH.
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arge businesses benefit by leveraging economies of scale. Typically, when a firm doubles its output, it will increase its input but by less than double. This means that bigger companies canmakebiggersavingsandprofits. They also have greater bargaining power when it comes to suppliers and customers. So, to increase profitability, companies need to grow. “We wanted to understand more about how the path a company chooses to follow to achieve its growth can affect its performance,” says Professor Pierre Dussauge. “What are the benefits of rapid expansion through mergers and acquisitions compared to those associated with slow progressive and organic growth?”
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Growth strategies impact operational efficiency and bargaining power By looking at firm accounting data, Dussauge and his co-researchers found that the chosen path to big business has a significant effect on two factors: operational efficiency and bargaining power. Companies that grow through mergers and acquisitions gain an immediate advantage through increased bargaining power, whereas those that grow organically gradually gain greater operational efficiency. The researchers found that the benefits associated with mergers and acquisitions dissipate fast, whereas those that come through organic growth are longer lived.
Short-term gains from mergers and acquisitions So, when companies merge or acquire to achieve growth, they gain bargaining power and their performance increases. However, this is often followed by a bandwagon effect where other companies follow suit, merging to level off differences in bargaining power. Competitors soon start to request better deals from suppliers, who in turn may merge to fight back against the bargaining power of big buyers. This means that the advantage of improved bargaining power achieved through mergers and acquisitions can dissipate fairly rapidly. This form of growth also tends to cause organizational inefficiencies as the
respective infrastructures of the combining companies come into conflict. Structural rearrangement and capital investment are needed to improve efficiency, and this takes time. Dussauge points to a recent acquisition in the car manufacturing sector to explain how this can play out: “PSA Peugeot-Citroën recently acquired Vauxhall-Opel. Together, the two companies will see huge initial benefits from their combined bargaining power. However, with manufacturing spread throughout different countries, their operational efficiency will suffer,” he says. Playing the long game through organic growth Conversely, companies that choose to grow progressively and organically tend to naturally evolve to be operationally efficient. However, they won’t have the same bargaining power as a newly merged firm and will keep having to renegotiate with suppliers to ensure they get the best deal. Going back to his car manufacturer example, Dussauge adds, “Volkswagen is a company that has (more or less) grown organically and benefits by operating from a well-located set of plants. However, it does need to keep going back to the drawing board with suppliers to keep costs competitive.” The benefits of scale come to those who act The advantages of these two modes of company growth come naturally but so do their downsides. Dussauge notes, “Following a merger or acquisition, managers often report being disappointed with performance. The increased bargaining power they achieve is short-lived, and organisational inefficiencies mean that profitability is lower than expected.” This disappointment occurs systematically. The study also found that companies that have grown organically often get a raw deal from suppliers that affects their profits. In both growth scenarios, companies fail to fully leverage their increased size. Dussauge stresses that companies need to be aware that there is a need for action following growth. To mitigate the downsides of their chosen growth paths, companies need to either reorganise or renegotiate. Based on an interview with Pierre Dussauge, on his paper “Disentangling the performance effects of efficiency and
bargaining power in horizontal growth strategies: an empirical investigation in the global retail industry” (Strategic Management Journal, 2018), co-authored with Valérie Moatti, Charlotte R. Ren and Jaideep Anand. To know more about how the mode of company growth affects its performance through operational efficiency and bargaining power, read the full paper here.
BY PIERRE DUSSAUGE Professor of Strategic Management at HEC Paris.
Practical Applications Company leaders should consider the benefits and how to counteract the downsides when choosing growth strategies. Dussauge et al. show that the main benefits of mergers and acquisitions come through short-term increased bargaining power. These benefits come quite naturally, without requiring specific strategies. In contrast, Dussauge warns that, “To reap the additional benefits associated with enhanced efficiency resulting from scale, merged companies need to deliberately put in a lot of effort to reorganise, restructure and thus reduce operational inefficiencies.” On the other hand, companies that grow organically become naturally efficient but often do not leverage their size in terms of bargaining power. “These companies need to deliberately and continually seek out better deals from suppliers, as such deals won’t come to them on their own, as tends to be the case after a merger or acquisition.” Methodology Dussauge and co-workers looked at accounting-based data from 83 firms in the global retail sector over a 20-year period. By developing specific measures of firm scale-related efficiency and bargaining power, they identified how opting for either a merger or acquisition, or organic growth, influences these performance effects. In their analysis, they “controlled for endogeneity” using a two-stage econometric model, in other words, they corrected for the fact that companies that expand through mergers and acquisitions are inherently different to those that grow organically. Firms that grow through M&A might perform differently than those that grow organically, not because of the mode of growth they chose, but because they are firms with different features. Controlling for endogeneity makes it possible to confidently attribute differences in performance to the chosen mode of growth.
ABOUT HEC PARIS Founded in 1881 by the Paris Chamber of Commerce and Industry, HEC Paris is a founding member of Université Paris-Saclay. In 2010, HEC Paris joined Qatar Foundation and brought Executive Education programmes and research activity to Qatar and the rest of the region. 35 > QATAR TODAY > OCTOBER/NOVEMBER 2018
aviation > tag this
CAUGHT IN
THE STORM
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US-CHINA TRADE WAR DAY BY DAY
he trade war between the US and China has rapidly escalated since this summer and any chance of a near-term solution seems like a distant possibility. President Trump's latest decision to impose new tariffs on $200 billion worth of Chinese goods signals that trade dispute is about to get even worse. In response to US measures, Beijing introduced tariffs on another $60 billion worth of US goods and released a 71-page paper accusing President Trump of “trade bullyism practices" that have become "the greatest source of uncertainty and risk for the recovery of the global economy."
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The Middle East will be affected Many predict that Iran will become the main battleground in a trade war in the Middle East due to the US goal of bringing Iran’s crude exports to zero that threatens China’s supplies of crude. But Gulf countries will also feel the impact of a trade dispute. Since the demand for energy products largely depends on the need of industrial producers, slower growth of the Chinese economy - the region’s most important customer for crude- may have devastating consequences on their economies. While the GCC countries have been steadily
SOURCE PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS
JACK MA, FOUNDER AND FORMER HEAD OF E-COMMERCE OF ALIBABA GROUP, JUST RECENTLY EXPRESSED HIS FEARS DURING THE ANNUAL EVENT FOR ALIBABA SHAREHOLDERS, SAYING THAT A TRADE WAR COULD LAST “MAYBE 20 YEARS,” AND “IT’S GOING TO BE A MESS.”
SOURCE: THOMSON REUTERS EIKON
diversifying their economies, the primary income is still generated from oil revenues. Therefore, any volatility in oil could lower the confidence among investors and affect the regional markets. As a consequence, we could expect capital outflows from the region, as most of the Middle-Eastern markets are either classified as frontier or emerging markets. The longer thetrade dispute lasts, the larger the impact will be on oil prices. Opportunity for Qatar and other LNG producers? But while a prolonged trade war will affect the oil exporters, LNG producers, at least those outside the US, may actually benefit from the current spat, at least in the short term. Just before the outbreak of the trade war, China proposed to buy American LNG, among other products, in order to reduce the US trade deficit and avoid the imposition of US tariffs. Since Americans turned down the Chinese proposal and implemented the tariffs, the fate of American LNG exports to China becomes uncertain. If China decides not to buy LNG from the US and instead purchase from alternative sources, including Qatar, this may be a serious blow for the US producers which will lose one of the most important custumers. The potential of the huge Chinese market, which will soon become the most important LNG market in the world, was already recognized by Qatar, which did not want to miss the perfect opportunity to increase its LNG market share in China. In September, PetroChina Co. signed a deal
with Qatargas Operating Co. to purchase 3.4 million tons of liquefied natural gas annually, the Chinese company’s biggest supply deal ever signed. Some analysts argue that this step could be a game-changer, which would give China an efficient weapon against Trump’s erratic policy. This retaliatory LNG threat would hit US investors and gas companies hard, which are investing in additional LNG facilities in the Gulf of Mexico in a way that their decision to invest may be delayed. the Chinese deal with Qatar and the decision to buy LNG from other nations may also lead to reduction and possible elimination of buying US LNG cargoes on the spot market in Asia. Finally, the final outcome of such scenario could lead to the significant rise of the price of US LNG above what companies could afford to pay for them in the near term, which would only strengthen US LNG competitors around the world, including Qatar. Sino-Arab relations not under pressure Besides oil and gas, which are of strategic importance for the Chinese economy, the Middle East and Gulf countries, in particular, played a crucial role within the Belt Road Initiative, the focal point of China’s foreign policy. Some analysts expressed fears that trade war may postpone or simply cancel some of the Chinese Belt and Road Initiative (BRI) projects and announced investments in the region, which would be a serious blow for all parties involved. Since Gulf countries have close ties with both superpowers,
some analysts fear that they may suddenly find themselves in the crossfire especially if they are pushed to choose sides in this global trade conflict. But according to Sam Chester, a venture investor at Indigo Global, an investment advisory firm specializing in emerging markets, “It is unlikely that the US would try and disrupt Sino-GCC trade, as US policy is designed to encourage China to import energy from countries besides Iran.” He explains that since the Bush administration, the US has sought to engage China on the Middle East and factually if not always rhetorically has welcomed Chinese investment in the region - US policymakers reason that as China becomes more involved in the region, its political and security commitments will expand, not to mention Chinese investment supports the local economies. “The US wants China to become more of a 'responsible stakeholder'and less of a free-rider,” he told Qatar Today. But it remains to be seen, whether Trump’s administration will follow in the footsteps of its predecessors. Thus, Chester openly questions whether the past US approach to China in the Middle East will continue to guide US policy during the remainder of the Trump administration. On the other hand, it is no secret that some of the Arab Gulf states do not feel confortable with China being too close with Iran. According to Dr John Calabrese, a professor at American University in Washington, D.C., and scholar at the Middle East Institute, they do not need 37 > QATAR TODAY > OCTOBER/NOVEMBER 2018
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Washington’s encouragement to try prying China away from Iran. Presumably, they have been working to do just that on their own. However, “surely Iran’s Gulf Arab adversaries are under no illusion that China will sever ties with Iran. Nor are they likely to succumb to US pressure to choose relations with the US over relations with China. And the US would be naive to think so, and unwise to try to make them do so,” he told us. Cooperation or competition with Russia? But if Trump decides to confront China, Beijing may collaborate with another world power that is ever more engaged in the region. So far, China has largely acted in concert with Russia, especially in Syria as well as in Iran and remains to be seen whether the dynamics between these two powers will go in the direction of further cooperation or competition. Since Russia itself is increasingly becoming a target of US sanctions and China is becoming a target of a US trade war, Mohammadbagher Forough, a research associate at the Clingendael Institute and assistant professor of International Relations at the Leiden University in the Netherlands, believes that the two have every motivation in the world to work together against US hegemony in the world, especially in the Middle East, where both have serious national interests that they need to uphold. Calabrese also thinks that China and Russia will probably continue to loosely coordinate their approaches on regional issues that involve the United States. However, Moscow’s historical involvement is deeper, and its current ambitions are more far-reaching, especially insofar as countering Washington, than are those of Beijing. Lastly, China will likely remain pragmatic when dealing with current regional issues. In Chester’s words: Beijing is more than happy to let Russia in Syria take responsibility for security concerns in a somewhat similar way that Beijing relies on a US security envelope in the GCC area.”
38 > QATAR TODAY > OCTOBER/NOVEMBER 2018
Is China ready for the new role in the Middle East? So far, China has been rather neutral when dealing with Middle-Eastern countries and their regional rivalries while playing on the card of non-interference in their internal affairs, which in many ways explains the Chinese success. But ever closer links to Middle-Eastern countries along with protection of expanding interests and rising investments in the region may require a new approach. In the last few years, Beijing increased its presence in the region and, according to Calabrese, China has already taken incremental steps in the form of a higher profile, what could be seen through more active regional diplomacy coupled with efforts to develop security cooperation. This trend will likely continue. Indeed, China has established a base in Djibouti and increased its presence near the strategic locations of the Strait of Hormuz, the Bab el-Mandeb Strait, and the Suez Canal. In the last eight years, China’s navy has conducted port calls in all GCC states, as well as in Egypt, Israel and Iran. For many, this signals the Chinese intention for a longerterm military build-up and an attempt to shape regional policies and geostrategic decisions. But the question is whether China has enough means and potential to become one of the key players in the region. Tristan Kenderdine, research director at Future Risk, specialized for commissioned research in political risk and economic
geography with a focus on China, said that China’s Ministry of Foreign Affairs is an incredibly weak player in China’s foreign policy formation and deployment. foreign policy is still largely set at the party level, not the state level. In terms of State, China’s foreign policy is most clearly conveyed and orchestrated by the Ministry of Commerce. In his opinion “China has zero competence in Middle East affairs and if it tries to stumble in now, it will be unprepared. Moreover, “you would be hard pressed to find a decent Chinese diplomat with fluent Farsi or Arabic,” he told Qatar Today. More than anything, China has not solved its local government debt problems, its national governance problems or its industrial growth model problems. According to Chester, the Sino-US trade war is unlikely to have a significant impact on China’s engagement in the region. That said, China is gradually moving towards a more pronounced political engagement in the region. The BRI and its associated institutional elements like the Asia Development Bank and Shanghai Cooperation Organization represent Beijing applying further political resources to the region. He thinks that these resources will not necessarily lead to a shift in China’s preferred policy of maintaining positive ties with regional adversaries. In fact, the opposite is the case as these new institutions and the resources that will follow in their wake will provide China and regional states with further platforms in which to collaborate if they so choose.
US TRADE DEFICIT WITH CHINA
affairs > auto news
MG CARS PARTICIPATES IN QATAR MOTOR SHOW 2018 Auto Class Cars, the authorized distributor of MG in Qatar, took part at the recently concluded Qatar Motor Show (QMS) 2018.
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he range of models in the MG pavilion included the RX5, GS, ZS and MG 360, along with the new MG 6 that was launched for the first time in Qatar. Auto Class Cars has recently celebrated the re-launch of MG in Qatar. The launch of the iconic British automotive brand comes hot on the heels of the initial new partnership agreement that was signed by SAIC Motor and Auto Class. Auto Class Cars is a subsidiary of NBK Holding and the
authorized distributor of MG and Maxus, both part of SAIC Motor. NBK Holding is one of the leading family businesses in Qatar.
HYUNDAI MOTOR ACHIEVES TOP 40 BEST GLOBAL BRANDS Hyundai Motor has been ranked among the highest-valued brands in the world once again, according to the latest rankings published by global brand specialist Interbrand. Hyundai’s global brand value has grown 3% since 2017 to a company record high of US $13.5 billion.
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his result successfully places the company in a top 40 Best Global Brands position for the fourth year in a row. The company is ranked the world’s 36th most valuable brand in the challenging conditions of many global markets.
In Qatar, Hyundai vehicles are available at Skyline Automotive W.L.L., a Jaidah Group company and official distribution partner of the Hyundai Motor Company and its luxury brand Genesis in the country.
WIDE RANGE OF MITSUBISHI SUV VEHICLES ON DISPLAY AT QMS 2018 Qatar Automobiles Company (QAC), the authorized distributor of Mitsubishi Motors Corporation in Qatar and one of the subsidiaries of NBK Holding, took part at Qatar Motor Show (QMS) 2018 and displayed a wide range of Mitsubishi vehicles.
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he QAC pavilion displayed a range of Mitsubishi SUVs including the Pajero, Montero Sport, Outlander, ASX and Eclipse Cross. Customers can now have a close look at this wide range of SUVs that are also available in the Qatar Automobiles Company showroom on Salwa road in Doha. 39 > QATAR TODAY > OCTOBER/NOVEMBER 2018
affairs > auto news
NBK UNVAILED THREE TOP NEW MERCEDES-BENZ CARS Nasser Bin Khaled (NBK)Automobiles, the Authorized General Distributor of Mercedes-Benz in Qatar, showcased a wide range of cars from the new collection of Mercedes-Benz. NBK Automobiles’ luxurious exhibition space displayed the three new Mercedes CLS AMG, Mercedes-Benz GLE and MercedesMaybach S-Class. NBK Automobiles also presented a range of cars that will appeal to all styles and choices, including SUVs, sporty cars and luxury sedan cars. At NBK Automobiles' pavilion, customers were able to have a close
look at the latest editions of Mercedes-Benz sedans and SUVs including: A-Class, C-Class, E-Class, S-Class, CLA and G-Class Nasser Bin Khaled Automobiles also revealed three new cars: Mercedes CLS AMG and Mercedes-Benz GLE for the first time in the region and the Mercedes-Maybach S-Class for the first time in Qatar.
CADILLAC ADDS POWER AND PERFORMANCE WITH ALL-NEW 2.0L ENGINE Cadillac has developed a new 2.0-liter, four-cylinder turbo engine as part of an all-new global architecture of versatile, high-efficiency engines representing the next generation of advanced powertrain engineering. Debuted earlier this year on the brand’s new compact SUV – the XT4- the lightweight engine, engineered with industry-leading valvetrain technology, delivers efficient performance, with immense power on demand at all speeds.
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et to launch in the Middle East later this year on the all-new Cadillac XT4, the new 2.0-liter turbo-charged engine features an advanced, power-dense inline-four-cylinder turbo with an industry-first tri-power system. The new Cadillac
40 > QATAR TODAY > OCTOBER/NOVEMBER 2018
2.0-liter Turbo engine on the XT4 will be coupled with a nine-speed automatic transmission with next-generation Electronic Precision Shift.
JAIDAH AUTOMOTIVE UNVEILED THE FASTEST CORVETTE Jaidah Automotive, Chevrolet’s exclusive dealer in Qatar, held the Qatar debut of the 2019 Chevrolet Corvette ZR1 at the 8th edition of Qatar Motor Show (QMS).
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he ZR1’s LT5 6.2L V-8 engine advances Corvette’s supercharging legacy, which began with the 2009 sixth-generation ZR1 and continued with the 2015 seventh-generation Z06. Rated at an SAE-certified 755 horsepower and 969 Nm of torque, the ZR1’s supercharged 6.2L V8 establishes a new benchmark in performance. Further, the ZR1 elevates Corvette’s track capability with two wind
tunnel-honed aerodynamics packages, including an available High Wing that provides an estimated 430 Kgs of downforce. In addition to the 2019 Corvette ZR1, more of Chevrolet’s exciting line-up were on display at the Qatar Motor Show including the Silverado LTZ, Malibu Sport, Tahoe LTZ and Camaro SS Convertible.
TOYOTA DISPLAYS LATEST SUV AND SEDAN RANGE MODELS NEW RANGE ROVER AND RANGE ROVER SPORT SHOWCASED AT QMS 2018 Alfardan Premier Motors Co., the official retailer of Jaguar Land Rover in Qatar, has showcased both the new Range Rover and Range Rover Sport at the 2018 Qatar Motor Show.
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onceived nearly 50 years ago for the country set to use on the estate and then drive to the townhouse, Range Rover has continuously evolved to lead the world around it, remaining the peerless luxury SUV, while the new Range Rover Sport is transformed by technology, delivering efficiency, capability and performance like never before. Every Range Rover Sport has an enhanced design and features new consumer technology. The flagship Range Rover SVR now delivers 575PS, making it the fastest Range Rover to date. This is an SUV driven to another level of dynamic capability, with breadth of appeal and desirability like no other.
Abdullah Abdulghani & Bros participated at the 8th edition of the Qatar Motor Show. Toyota displayed a variety of vehicles from its best-selling SUV and sedan range including the latest versions of the all-new Avalon , Land Cruiser, Camry, Camry Hybrid , Rush and Yaris. The stand created an immersive environment that guides the visitors on an exciting journey through state-of-the-art technology: from the large, impressive staging to the small playful design details on to a tangible experience of the product itself. The all-new Avalon was launched at Qatar Motor Show. Avalon is a premium sedan that exudes presence with power, beauty and aggression asserting its pride yet again in its flagship status. The new Avalon is powered by a z3.5 liter V6 engine that achieves powerful acceleration. The Hybrid vehicles that were on display at the event included the Toyota Prius and Toyota Camry which are no. 1 in their class. 41 > QATAR TODAY > OCTOBER/NOVEMBER 2018
affairs > auto news
THE 8TH QATAR MOTOR SHOW CAPTIVATES VISITORS The 8th edition of Qatar Motor Show (QMS) held during October 17- 21 at the Doha Exhibition and Convention Centre, with 187 cars of various categories on display there, and a total number of 25,000 visitors throughout its five-day tenure.
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MS was held under the patronage of HE Sheikh Abdullah bin Nasser bin Khalifa Al Thani, the Prime Minister and Minister of Interior, during October 17-21. Organized by Qatar Tourism Authority (QTA) in cooperation with Fira Qatar, the show was opened by HE Minister of Transport and Communication, Jassim bin Saif Al Sulaiti. He said, “This edition comes as Qatar intensifies its efforts to enhance innovation and safety in the field of transportation. New innovations in the use of electric cars are in line with our commitment to promote clean and sustainable energy. The roads, rail, port, and airport projects that the Ministry of Transport and Communication is now completing, will make Qatar’s transportation sector one of the most advanced in the world. This will support the development plans of all national
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institutions as they work to achieve Qatar National Vision 2030.” The show was held under the theme "Driving to Innovation," and is the first since QMS adopted a new strategy aimed at enriching content, focusing on the concepts of innovation and sustainability, while raising the profile of the show on the international calendar of automotive exhibitions. Ahmed Al Obaidli, Director of Exhibitions at QTA, said “This year’s edition focused on new offerings for the public, car enthusiasts, exhibitors, and the car industry in Qatar and the region in general. QTA invests in developing the business events sector as part of its strategy to grow the tourism sector as a whole. We work with various partners from the public and private sectors to attract the largest and most important international conferences and exhibitions as well as to promote local events to attract more visitors and,
consequently, increase tourism spending and support the hospitality, transport and aviation sectors.” Over the past seven years, QMS has evolved to become one of the leading motor shows in the region, strengthening its position as a platform for interaction between international brands and their local agents on the one hand and consumers and potential customers in Qatar and the region on the other. Ahmad Al Mulla, General Manager of Fira Qatar, said: “The business events sector is witnessing large growth in Qatar. QMS is one of the most prominent and highly popular events given its content and the experience it creates for visitors. It is also an opportunity for auto brands to showcase their latest innovations and technologies. With the exhibited cars and the accompanying activities, this year’s show has provided an excellent experience for all visitors.»
14 local and regional first-time unvailed More than 165 models of classic, sports, mid-range, and luxury cars offered by top international car brands were on display this year. Thirty-seven booths representing manufacturing brands, local well-known car accessory brands and partners showed their products and activities at the fair. The show also featured special stands for Qatar Tourism Authority in cooperation with Ministry of Interior, Traffic Department, Mowasalat, Qatar Insurance Company (QIC) and Arab Motors. On the opening day of the show, visitors were treated to several reveals of models that were being displayed for the first time in Qatar, and in some cases, the region. AlFardan Group unvailed the all-new BMW X5 2019 model for the first time in the region, while Nasser bin Khaled Group launched Mercedes CLS 53 AMG and GLE 450 for the first time in the region. In addition, NBK launched the Mercedes S65 Maybach 2019, D90 Maxus 2019 and the MG6 2019 from MG – all for the first time in Qatar. Abdullah Abdulghani Group launched the all-new Toyota Avalon for the first time in Qatar, and Lexus showed its collection of hybrid cars. Saleh AlHamad AlMana Group launched the all new Infinity QX50 car for the first time in Qatar, while Jaidah Group launched Chevrolet’s Corvette ZR1 for the first time in Qatar. Taleb Group revealed ZX Auto’s Terralord pickup 2019 for the first time in Qatar, in addition to the BX7 TS and BXi7 from Borgward. Universal Motors displayed the Lotus Car model EVORA GT430, which is one of only 60 cars around the world that were hand-manufactured for this limited edition. Giving a sneak peak of an upcoming design, Genesis unveiled its concept of the first SUV, which will be launched under the model name of GV80. 37 Exhibitors & 20 Top Brands Exhibiting brands and companies at the 8th QMS included BMW, MercedesBenz, Toyota, Lexus, Nissan, Infinity, Chevrolet, Maxus, MG, Mitsubishi Motors, Harley Davidson, Jaguar, Land Rover, Genesis, ZX Auto, Borgward,
Universal Motors (Lotus), Crystal Car, Auto Stacker, Kracher, Breu, Four Stroke, , Car Care Centre, , Al Jaber Car Care Centre, Pegasus, My Tyre, and Titanium (Smart Line). QMS 2018 Sponsors & Partners: Mawater Centre was the Strategic Partner of QMS 2018 while Qatar Insurance Company (QIC) was the Official Insurance Partner; Mowasalat was the Official Transportation Partner, W Doha Hotel was the Official Hotel and Joué Club was the Kids Garage Partner. In line with the aims of QMS to enrich content and cater to a variety of tastes, Mawater Centre organised a special exhibition of classical cars under the sponsorship of QTA. Mawater Pavilion witnessed a huge public turnout. A great collection of 87 classic and modified cars ranging between, pickup trucks, modified classic cars, new modified cars, modified 4-wheel drives, cars with modified engines, Nissan Skyline, GR R34, GT R35, Classic Z, drag cars, Toyota Supra, and others kept the crowds entertained. Apart from these cars, Mawater Pavilion also features sections for auto spare parts, accessories, simulation devices, as well as spaces for virtual games, cafes, and rest. Mawater also organised a contest of 17 categories for those participating with their cars. A specialized committee of experts and technicians rated the cars and the top three winners from every category have been announced. Moreover, the grand prize of the best participating car in the pavilion has also been announced. Mawater Centre's participation in QMS reflects the organizers’ new strategy of enriching content and catering to the tastes of all car fans in Qatar. Abdullah Muhammed Fahed Al Hajeri, General Coordinator of Mawater, said: “Mawater Centre offers free services to the public in order to develop Qatari talent in the area of classic and modern automobiles. Our participation in QMS is a significant addition to the Centre allowing us to meet a new segment of classic and modified car enthusiasts. We always seek to provide the best and most exciting services to these car lovers.” In the meantime, the show displayed the works of two Qatari artists who spraypainted graffiti on four broken vehicles on display there, providing a platform for
artists to showcase their creative skills and arts innovations. The show enjoyed considerable popular success among people of various walks and backgrounds with modern and vintage classic car enthusiasts expressing their satisfaction about the well-organized and event-packed festival of the automobile industry. The success of this edition of QMS sets higher standards for the future
editions to realize even greater successes.
43 > QATAR TODAY > OCTOBER/NOVEMBER 2018
business > marketwatch
FASHION INDUSTRY COULD OPEN A NEW DOOR TO A VARIETY OF BUSINESSES IN QATAR In an exclusive interview with Qatar Today, Meenu Prasaad, Dean and Principal of Instituto di Moda Bugo (IMB) gives her insights on fashion industry and what it has to offer to the country.
“A MAIN GOAL OF THE ACADEMY IS PROMOTING WOMEN'S EMPOWERMENT IN QATAR, IN ADDITION TO CREAT MORE AWARENESS AMONG PEOPLE ABOUT THE POTENTIALS OF FASHION EDUCATION AND THE INDUSTRY.” 44 > QATAR TODAY > OCTOBER/NOVEMBER 2018
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atar is in a good place to have its own fashion and clothes-making industry with its own brands as the country enjoys a multi-national population celebrating a diverse of culture and trends; especially that the 2022 World FIFA Cup is going to be held in Doha with its anticipated world focus. Meenu Prasaad, Dean and Principal of Instituto di Moda Bugo (IMB) (International Fashions and Arts Academy), has shared her views with Qatar Today on fashion and clothes industry in
the country and why it is very important to pay more attention to such a key economic sector. Highly enthusiastic about her profession and industry, she stressed that it's passion and love for the job that could further enhance creativity and inspire others to improve their skills and potentials. However, she pointed out that serious study and training are integral parts of success in the industry, whether for personal career development or commercial purposes. Before assuming such post in Qatar,
she obtained a master's degree from a prestigious college in the field in India. She had also worked for a number of worldrenowned fashion houses. “I have worked as a fashion designer with many luxury brands like Zara, Ted baker, Debenhams, H &M, Anna Sui and others . I have worked also as design educator at many international academies and colleges. This has taught me the importance of personalizing students’ programmes to meet the individual needs of each learner in the field of creativity and innovation,” she pointed out. Meenu hopes to help in empowering women through giving them new highend career paths at the fashion and dressmaking industry. “A main goal of the Academy is to promote women empowerment in Qatar, in addition to creating more awareness among people about the potentials of fashion education and the industry. This in turn would create more job and investment opportunities by opening new markets and fields of industry to explore,” she stressed. Accordingly, IMB Qatar has a range of fashion programmes starting from short fashion and textile training courses, to a diploma and master's programme in the same field to equip the trainees with all the necessary skills to be independent designers and clothes makers with their unique styles. All the programmes are conducted at the Academy on the hands of highly-qualified trainer and instructors from various nationalities and backgrounds. The Academy also has a modern and expanding library with many books and catalogues in the field. Besides, trainees are encouraged to create their own innovations and designs, and execute them using the professional machinery there under the supervision of highly experienced professionals in the field. Meenu pointed out that while the Academy can take trainees from zero experience in the field to professional levels, there is another category of programmes tailored for professional tailors and dressmakers to upgrade and further refine their skills in addition to equipping them with the latest trends in the field. “Many production units and fashion brands could be initiated after acquiring more awareness about such fashion programmes. In addition, highly skilled and trained graduates could get hired
easily by leading fashion houses and related businesses,” she said. Asked about the nature of the Academy’s courses, she pointed out that it aims at equipping trainees with both sophisticated and basic skills in the field and related fields such as embroidery, stitching, fashion entrepreneurship and merchandise, and even display window art arrangement. “Some women come to us aiming to be able to make clothes for themselves and their kids’. Simultaneously, professional tailors and dressmakers seek other higher skills, and we cater for all needs in the field,” she said. According to Meenu, the Acadamy equips its trainees of different categories and backgrounds with skills to make traditional dresses, both Arab and nonArab, and modern international trends in fashion, with special programmes for children’ clothes. “IMB Qatar will soon come up with new concept of mini- fashion clubs for the age categories of 12 years old and above in all schools across the country, where there will be a selection of fashion-related activities for students, specially for girls such as hand embroideries, basic sewing techniques by hand needle/portable sewing machine, accessory making, knitting, crochet, fabric
“SOME WOMEN COME TO US AIMING TO BE ABLE TO MAKE CLOTHES FOR THEMSELVES AND THEIR KIDS. SIMULTANEOUSLY, PROFESSIONAL TAILORS AND DRESSMAKERS SEEK OTHER HIGHER SKILLS AND WE CATER FOR ALL NEEDS IN THE FIELD.”
45 > QATAR TODAY > OCTOBER/NOVEMBER 2018
business > marketwatch
paintings and others. This will enhance schools extra-curricular activities and bring about a new spirit in school modules,” she said. She further expressed her wish to reach out to more people in the country to expand the industry, and hence create various opportunities in the field, considering it one of the most important and promising economic sectors that would open more doors of business for the private sector, especially for small and medium-size enterprises.
“IMB Qatar is happy to announce its partnership with 14th edition of Heya Fashion Exhibition in Qatar; we gave peopke the opportunity to see us delivering variety of interesting fashion workshops there,” she said. Meenu said that IMB Qatar offers other activities for kids as well, including Zumba dances, various types of instrumental music and creative arts and crafts, so all family members could find benefit and entertainment at one place simultaneously. The Academy currently has one headquarters at Wukair, but Meenu revealed that there are future plans to 46 > QATAR TODAY > OCTOBER/NOVEMBER 2018
expand and open more branches across the country due to the considerable demand. Instituto di Moda Burgo (IBM), Milano, Italy, was founded by Fernando Burgo in 1961. His long and thriving experience fashion has proven to be successful. His commitment to sharing his knowledge with each and every student interested in fashion is the result of 50 years of experience in the industry. His direction enables the students to be in touch with the fashion world and all opportunities of training and work that the fashion industry has to offer. IMB has many centres all across the world including Qatar.
SANDOVAL INTRODUCES MAYA DINING AT THE KEMPINSKI RESIDENCES & SUITES, DOHA World-renowned Chef-Restauranteur Richard Sandoval has brought Maya, his signature Modern Mexican dining concept, to the Kempinski Residences & Suites at West Bay in Doha.
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hef Richard Sandoval, called the “Father of Modern Mexican Cuisine,” blends the earthy yet complex flavours of his native Mexico with worldly ingredients and creative cooking techniques to create the modern Mexican cuisine at Maya. Introducing exciting and artistic presentations of fresh, vibrant flavours, Maya will allow diners to experience a menu filled with creative adaptations of traditional favourites. Maya is Sandoval’s third culinary venture in Qatar after his Pan-Latin steakhouse, Toro
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Toro and Latin-Asian concept, Zengo. Maya was Chef Sandoval’s flagship restaurant which he opened in New York City in 1997, and he has since opened two more locations in Colorado and Dubai. Following the success of its other locations, Maya is ready to welcome both visitors and residents of Qatar to experience its warm Latin hospitality and progressive cuisine. Maya’s menu will showcase Chef Sandoval’s vibrant take on traditional Mexican recipes using high-quality ingredients. Appetizers include Sandoval’s traditional guacamole
spetar, the orthopaedic and sports medicine hospital in Qatar, has signed a memorandum of understanding (MoU) with the Samla Qatar. The agreement, signed at Aspetar on Thursday, will pave the way for the two organisations to provide medical support for Qatari athletes that are taking part in the international Ultra-Trail du Mont-Blanc (UTMB) running competition, which will take place in the Sultanate of Oman for the first time between November 26 and December 3. The MoU was signed by the Acting Chief Executive Officer of Aspetar, Dr Abdul Aziz Al Kuwari, and the CEO of Samla Qatar, Mr Azzam Al Mannai. As well as agreeing to provide medical support, both parties will enhance the athletic performance of the contestants who will represent Qatar in the prestigious long-
and a Tuna Guacamole made with fresh tuna tartare and serrano chili, alongside seafood and vegetable ceviches. Signature dishes will include Carne Asada, Salmon en Mole Negro and Chamorro de Cordero – a braised lamb shank with adobo sauce, pickled red onions and coriander leaves.
ASPETAR AND SAMLA TO SUPPORT QATARI ATHLETES AT INTERNATIONAL LONG-DISTANCE RUNNING EVENT IN OMAN distance trial running event. As per the agreement, Aspetar will provide comprehensive medical assessments tailored to meet the needs of each of the three Qatari participants and will assist the athletes to maximise their performances. The athletes will be under the supervision of an international team of world-class sports medicine physicians. The long-distance trail running event by UTMB will see an international field of 300 runners take on a non-stop rugged 137 km (85 smile) course over the varied and mountainous terrain of Oman’s Jebel Akhdar. UTMB was created in 2003 in Chamonix, France, and has quickly grown to become the “World’s Summit of Trail Running”.
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business > marketwatch
ACS DOHA AND AL JABER GROUP ANNOUNCE PLANS TO BUILD A 2,470-STUDENT CAMPUS IN QATAR ACS Doha has announced a partnership with Al Jaber Group to build a brand new, state-of-the-art student campus in Doha. The new school will have a capacity of 2,470 students and will open in August 2020.
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jay Sharma, the British Ambassador to Qatar, was present to witness the official signing of the partnership at a special ceremony at Four Seasons Hotel Doha. Tim Cagney, Chief Executive of ACS International Schools, and Mohamed Sultan Al Jaber, Chairman of Al Jaber Group, acted as signatories for the partnership agreement. Following a series of highly successful meetings with Al Jaber, a 60,000 square metre site – over five times the size of ACS Doha’s present campus – has been secured in Al Kheesa. Construction on the site has begun and is progressing quickly. ACS
Doha is collaborating closely with Mace as Development Manager and AECOM as Consulting Engineer. Designed by internationally renowned architects Broadway Malyan, the stunning new campus will enhance the school’s academic and extra-curricular offer, boosting its successful International Baccalaureate Primary and Middle Years Diploma, and US High School Diploma programmes. Sharma said: “I am delighted to be here today to see ACS, with its successful 50-plus year history in international education in the UK, partner with Al Jaber Group, a leading Qatar organisation, to extend its forward-thinking
and dynamic international education in the State of Qatar with this new school. I wish them every success.” Tim Cagney commented: “ACS Doha is deeply dedicated to creating a legacy in Qatar. After more than 50 years in education in the UK and Qatar, the new campus will enhance our strong international reputation, ensuring we continue to attract the very best teachers and educational leaders from around the world and ensuring our students can fulfil their potential in an environment that will prepare them to be ready for the future.”
TEXAS A&M AT QATAR GRADUATE JOINS CHEMICAL ENGINEERING FACULTY When the fall 2018 classes began at Texas A&M University at Qatar in September, the university faculty included one new addition: Dr Dhabia Al-Mohannadi, a Class of 2012 chemical engineering graduate of the branch campus.
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l Mohannadi is the first female Qatari graduate of Texas A&M at Qatar to return to the university as a faculty member. She earned a master’s degree from the branch campus and a Ph.D. from Texas A&M’s main campus, all in chemical engineering. She said the path to academia was unplanned and stemmed from her desire to continue learning. “I didn’t want to be a professor,” she said. “What I wanted to do after I graduated was to continue learning. I didn’t want to go into industry. I really liked my senior design project and I wanted to learn more about that, so I joined the master’s programme and then I was just hooked. You can’t give up research once you start. It was my thing. I knew I loved it so I stayed with it, and then onto Ph.D.” She credits the efforts of her graduate mentor and Chemical Engineering Program Chair
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Dr Patrick Linke with including her in his meetings with industry and government at Qatar, where she said she realized how she could have the most impact in Qatar. “I want to create the most impact I can,” she said, “and start by producing good engineers and by creating new knowledge. Hopefully I can give back to the country, which has invested so much into me. I don’t want to have just local impact, but international — that’s the ultimate goal.” Dr César Octavio Malavé, dean of Texas A&M at Qatar, said, “Dr Dhabia Al Mohannadi is a perfect example of what Texas A&M doing here in Qatar: producing engineering leaders of character who are dedicated to the greater good. “ Al Mohannadi’s research is in multidisciplinary sustainable design. The goal of her work is to reduce the carbon
footprint in gas production and processing, and to have more ROI while reducing that carbon footprint. In her work, she looks for ways to still produce natural gas while reducing emissions and incorporating diverse energy sources used to produce natural gas, such as solar power.
DELL EMC COMMENDS COMMITMENT TO DIGITAL TRANSFORMATION IN QATAR "The transformation initiatives of the Qatari Government and agenda laid down by the leadership are driving significant opportunity for technology-driven transformation across sectors," says, Aongus Hegarty, President, Europe, Middle East, and Africa, Dell EMC, During a recent visit to Qatar.
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nnually, Dell EMC invests more than US$4 bilions in research and development globally, to streamline transformation initiatives and achieve more impactful results in markets around the world. Hegarty also announced that Dell EMC will be investing in bringing the Dell Technologies Forum to Doha in early 2019. This event, held in multiple cities around the world each year, brings together the Dell EMC customer and partner community, and showcases advances in technology that have a direct impact on human progress. Dell EMC leaders also stressed the growing roster of customers that the company is
working with in Qatar, which spans across public, private and industry sectors. He said that the transformation story in Qatar is being built on pillars such as workforce, security, and IT transformation, bringing significant opportunity for solution providers such as Dell EMC. Hegarty said: “Through initiatives such as the Government’s Vision 2030, Qatar is steadily transitioning towards its vision of eGovernment, and this vision is equally inspiring the wider industry to follow suit in prioritizing digital and IT transformation. Our engagement and experience with the public and private sectors reveals a commitment to global competitiveness,
and we look forward to playing a key role in Qatar achieving its ‘Smart Cities’ vision.” Ghassan Kosta, Country Manager – Qatar, Dell EMC, said: “We are proud of our engagements with some of the leading names in the industry in Qatar, and are committed to playing a role in achieving strategic transformation goals.”
DJ SALOON & SPA FOR MEN OFFER ITS CUSTOMERS EXCEPTIONAL SERVICES DJ Saloon & Spa for men is considered one of the best places that could help successful men to feel and look at their best.
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he barber shop has good expertise in men’s hair care, styling, and grooming, in addition to offering the necessary quality products and consultation. It provides its best services in a relaxing environment. Men may come across with quite a lot of health hazards in their day to day life due to irregular routines, unhealthy life styles, occupational or personal stress, and absence of physical exercises or insufficient sleep. These elements make them physically and mentally tired reducing their ability to think and perform to the desired level. It is at this juncture the DJ Spa services become very relevant and a professional Spa service can help reduce the fatigue and stress, increase blood
circulation and leave a strong sense of wellbeing, both physical and psychological. The mission of DJ Saloon & Spa for men is to serve customers with integrity by being loyal to them and to give superior customer service consistently with happy relentless attitude while keeping within affordable budget.
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city life > doha diary ASPIRE ACADEMY KICKS OFF TRI-SERIES COMPETITIONS
Aspire Academy has kicked off another exciting TriSeries football tournament for the 2018/2019 season.
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he tournament will see the best young footballing talent from Asia, Africa, Europe and South America compete against Aspire Academy’s youth teams. Competitions have already witnessed the participation of the U-13 and U-14 players from Buriram United (Thailand), Ventforet Kofu (Japan) and hosts Aspire Academy. This season’s Tri-Series tournament will feature a number of talented Asian teams, allowing Qatar to pit themselves against future stars of the Asian Football Confederation, to which Qatar belongs. Aspire Academy Senior Goalkeeping Coach, Willy Stevaert, said: “The Aspire goalkeepers in this Tri-Series have already shown an improved understanding and application of the use of their feet, initiating some very positive moves from such play." Japanese club Ventforet Kofu were on their fourth visit to Aspire and their U-13 coach, Yosuke Nishikawa, praised the cordial relationship
between the Japanese side and Aspire. Buriram’s U-14 Team Manager, Talengkit Bunchasutikul said coming to play in the Aspire Tri-Series tournament was the highlight his players this year. The Tri-Series exposes Aspire Academy’s teams on a regular basis to international opponents and allows them to test themselves against different playing styles, philosophies and models from all over the world. The football programme of Aspire Academy is recognised as one of the strongest in the world in terms of detection and selection of talent, as well as training, competition and evaluation of each player. Last year’s competitions saw the participation of more than 1,200 players from local, regional and international clubs from African, European, Asian and South American countries.
QSTP OPENS REGISTRATION FOR ARAB INNOVATION ACADEMY
Qatar Science & Technology Park (QSTP), part of Qatar Foundation Research, Development and Innovation, has opened registration for the 2nd edition of its Arab Innovation Academy (AIA) – the largest entrepreneurship boot camp of its kind in the region that will see participants establish a start-up in just 10 days.
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ndergraduate students and young entrepreneurs in Qatar are invited to apply to this hands-on and groundbreaking entrepreneurship program me– a collaboration between QSTP and the European Innovation Academy (EIA). Yosouf Saleh, Executive Director, QSTP, said: “The AIA provides an unprecedented opportunity for young and aspiring tech
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entrepreneurs to gain invaluable insights and guidance from some of the world’s leading experts who will help to accelerate their startup ideas. Throughout the two-week startup boot-camp, 200 entrepreneurs can expect to be put through their paces while working under the guidance of leading Silicon Valley mentors and leveraging an extensive global network comprising top experts in the field. Alar Kolk, President, EIA, said: “The Google
founders were from Stanford and the Facebook founders from Harvard. The next game-changing companies will come from students’ dreams to make the world a better place. " The EIA is the world’s largest extreme entrepreneurship programme, offering aspiring techpreneurs from across the globe the necessary support and mentorship to launch a start-up in just 15 days.
ART 29 LAUNCHES ALL-WOMEN EXHIBITION “FEMINISM IS A VOICE” W Doha Hotel & Residences is set to showcase an art exhibition, named “Feminism is a Voice” at ART 29 with the participation of 12 local and international female artists.
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he gallery is comprised of over 40 pieces that range from canvas paintings, calligraphy and photography. Curated by Qatari artist Fahad Al Obaidly, the collection will showcase the formative impact of feminism on contemporary art and provide a visual framework that concerns women of today. The opening reception for the gallery was held on October 20, and will be open to the public until November 20, from 10am10pm daily. The talented group women who will display their stirring compositions representing each of their personal journeys include: Fatma Mohammed, Sumaia ElKilani, Abeer Al Kuwari, Aisha Al Malki, Sheikha Al Hardan, Maryam Al Homaid, Shouq Al-Mana, Sara Al-Buainain and Shuaa Al Muftah – who are all Qatari, Maysa Elmuman from Kuwait, Hadeer Omar from Yemen and Shaima Al Tamimi from Egypt. The gallery is meant to tackle the idea that
there are no boundaries in art; although the women hail from different backgrounds, families and age; it is their love for art that is the common thread tying them together. W Doha Hotel General Manager, Wassim Daaje said: “The addition of the latest gallery at ART29 is not just a platform to empower women alone but also a platform to empower creativity through other artists in Qatar. At the W Doha, we truly believe it is important that passionate and emerging talents are given ample opportunities to showcase their artistry. I encourage the W Doha visitors to stop by ART29 to see the insightful gallery for themselves - you will not be disappointed by the displays concocted by these brilliant women.” Art 29 is an exciting platform that presents the works of up and coming local, regional and international artists. It provides them with a space to showcase their work and aspirations to the community.
SIDRA MEDICINE TO HOST PEDIATRIC RADIOLOGY SYMPOSIUM Sidra Medicine has hosted its first Pediatric Radiology Symposium to discuss the latest advancements in the field of pediatric imaging. The Pediatric Radiology Symposium was held during October 26 and 27 at Sidra Medicine’s new auditorium in the main hospital building. The symposium is the first of its kind hosted by Sidra Medicine, in partnership with Prof. Edward Y. Lee, the Division Chief of Thoracic Imaging from Boston Children’s Hospital. Prof. Lee is also the Associate Professor of Radiology at Harvard Business School. The symposium provided an update across the spectrum of pediatric neuroradiology and body imaging. Topics include subspecialties such pediatric neuroimaging, oncology imaging, chest imaging, renal imaging and gastrointestinal imaging. It will also feature topics from relatively new fields within pediatric radiology such as fetal imaging and pediatric interventional radiology.
Dr. Abdusamea Shabani, Division Chief of Body Imaging at Sidra Medicine and joint Chair of the symposium said, “Pediatric radiology is a relatively small but rapidly growing field and there are only a small number of radiologists belonging to this group worldwide. Our conference is valuable for all radiologists wishing to practice pediatric imaging as well as educate other non-radiologist physicians seeking to learn more about the most current methods and practices within various pediatric specialties." The two-day symposium covered two learning objectives: day one focused on understanding pediatric imaging techniques and conditions for the brain, head and neck. Day two focused on fetal imaging. 51 > QATAR TODAY > OCTOBER/NOVEMBER 2018
city life > doha diary
MATHAF CELEBRATES HISTORY AND ART AT ITS EXHIBITIONS Mathaf: Arab Museum of Modern Art has started its highly anticipated fall programme of exhibitions and displays.
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pen to the public from October 17 to February 16 next year, the four exhibitions tackle a range of thought-provoking themes that span different generations and contexts. The first exhibition, titled "Revolution Generations", presents artists from the Arab world, Turkey, Iran and the diaspora, looking at important moments of change in the history of modern and contemporary art; specifically the 1950s - 1960s the Post-Independence(s) era; the period between 1970s - 1990s, and the 2000s pre-revolutions decades, when underground artistic movements developed in the region in response to the absence of freedom of expression. Staged in three parts and curated by Mathaf Director, Abdellah Karroum, "Revolution Generations" begins by telling the story of the region’s fight for independence in the 1950s, where art was used to express new languages and thoughts. The exhibition then highlights the iconic Pan-Arab cultural movement of the 70s, where the region’s hopes and dreams were captured by the virtuosos of that era. The final chapter of the exhibition is an ode to a generation of artists who prefigured the Arab Spring in the 2000s, inventing new vocabularies that look at societies undergoing change. Works on show are drawn from the extensive collection of Mathaf, alongside loans from international public and private collections, and from artists and galleries. In parallel, Mathaf will present the exhibition "Mounira Al Solh: curated by Hendrik Folkerts (Dittmer Curator of Modern and Contemporary Art, the Art Institute of Chicago) and Laura Barlow (Curator, Mathaf: Arab Museum of Modern Art, Doha).
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