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USQBC's Weekly Newsletter
Monday · February 6 · 2017

QATAR FOREIGN AFFAIRS
BUSINESS & ECONOMY
EDUCATION & CULTURE
MEMBER NEWS

Editor's Picks

Qatar’s Foreign Minister Asks the US to “Do the Right Thing”

Qatar’s Ambassador to the US Commits to Promoting US-Qatar Bilateral Relationship

GCC Nations Likely to Award Healthcare Contracts Worth $6.5 billion in 2017

Business and Economy
Qatar Foreign Affairs

Qatar’s Foreign Minister Asks the US to “Do the Right Thing” — Bilateral

The Foreign Minister of Qatar says his country is against President Donald Trump's blanket banning of refugees and travelers from seven Muslim-majority countries. Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani said he hopes US authorities will further assess the move and "we hope that they are going to do the right thing" about it.
 

Qatar’s Ambassador to the US Commits to Promoting US-Qatar Bilateral Relationship — Bilateral

In the State of Qatar’s latest Newsletter, Ambassador Sheikh Meshal Al-Thani committed to promoting the US-Qatar bilateral relationship via economics, defense, and education. He hopes to forward the goals of QIA’s $35 billion investment in the United States. He expressed interested in promoting US-Qatar defense ties via Qatar’s commitment to combating terrorism and extremism as an active member of the US-led coalition. And lastly, he emphasized the importance of helping to promote youth and preventing disenfranchised young people from falling toward violence and extremism.
 

Yemeni President Hails Qatari Support — International

Yemeni President Abd-Rabbu Mansour Hadi described his recent visit to Doha as successful, thanking Qatar’s Emir for his continued support. In a statement to the Qatar News Agency (QNA), the Yemeni president said that he held talks with Qatar’s Emir Sheikh Tamim bin Hamad al-Thani, during which they reviewed bilateral relations between the two countries and ways of developing and strengthening them, in addition to many issues of common interest. Qatar has contributed significant forces to helping stabilize Yemen.
Business and Economy
Business & Economy

GCC Nations Likely to Award Healthcare Contracts Worth $6.5 billion in 2017 — Business & Healthcare

GCC countries are expected to award healthcare contracts worth $6.5bn in 2017 based on current project schedules, according to a new report. In 2016, projects worth $4bn were awarded in this region. According to Ventures ONSITE, which tracks construction projects, the GCC healthcare construction industry is all set to continue its healthy position in 2017, fueled by demographic and macroeconomic factors.
 

“Qatar’s Bets” — Business & Economy

The emirate has drawn international attention as an outsized power-broker in a volatile region, and it will be center stage globally in 2022 as the host of the World Cup. Qatar is tiny, but it’s made a name for itself by placing big bets. Thanks to its vast reserves of natural gas, its 2.6 million residents enjoy the world’s highest per-capita income: $129,700 a year. It made huge investments to become the largest exporter of liquefied natural gas. Qatar has acquired more than $335 billion worth of assets around the globe.
 

Qatar Investment in Russia to Bolster OPEC, non-OPEC Ties — Energy & International

Qatar's investments in Russia will further strengthen ties between the Organization of the Petroleum Exporting Countries and non-member oil producers, OPEC Secretary-General Mohammed Barkindo told Reuters. The Qatar Investment Authority (QIA) and global commodities trader Glencore have bought a 19.5 percent stake in Russia's Rosneft, the world's top listed oil company by output.
 

MidEast LNG Trends, Outlook & Business Prospects 2017-25 — Energy

Research and Markets has announced the addition of the "Middle East LNG Trends, Outlook and Business Prospects 2017 to 2025 - Planned LNG Projects, Supply-Demand, Investments, Technologies, Trade, Prices and Competition" report to their offering. The research provides reliable forecasts on Capex, supply, demand, fleet, capacity, contracts and competition in current dynamic market conditions. LNG trends and strategies being opted to cop up with market uncertainties in Middle East are analyzed. Further, the report focuses on structural changes that shape the future of LNG industry with focus on new projects and supply-demand balance.
 

QFC Signs Agreement to Promote Human Resource Development — Economy

The Qatar Financial Center Regulatory Authority (QFC Regulatory Authority) and the Chartered Institute of Personnel and Development (CIPD) have entered into an agreement to promote human resource (HR) development and to create access to the highest levels of accreditation for HR professionals. The agreement was signed by Chief Operating Officer of the QFC Regulatory Authority Eisa Ahmed Abdulla and Middle East Managing Director of CIPD, Matthew Mee.
Education and Culture
Education & Culture

HBKU to Offer Specialized Training Courses — Education

Hamad Bin Khalifa University (HBKU) is organizing several specialized workshops and training courses this February at Education City for those seeking to develop their executive and professional skills. HBKU’s Executive Education Centre will be holding a legal and management training workshop for board members or potential board members operating in Qatar. The one-day “Legal Best Practices for Corporate Governance” program, which takes place on February 6 will explore the legal duties of board members, how to comply with local regulations, and management best practices.
 

SC & IFBWW Begin Inspection of Sites Linked to World Cup – Health & Safety

The International Federation of Building and Wood Workers (IFBWW), a global federation of trade unions based in Geneva and the Supreme Committee for Delivery & Legacy (SC) began the first round of inspection for construction sites and accommodation. The two sides signed a Memorandum of Understanding in November last year which took effect last month, the Qatar News Agency reported. The MoU provides for the inspections, training and a review of the SC’s current occupational health and safety and workers welfare standards including grievance mechanisms. The IFBWW inspection and certification lends an important imprimatur to the fact that Qatar meets international standards for workers’ safety.
 

GU-Q Alumni Extend Helping Hand to Children in Pakistan — Education

Two Georgetown University in Qatar (GU-Q) alumni are making a difference by educating hundreds of children in Pakistan. Their startup, Orenda, uses cartoons and digital streaming technology to bring school curriculums to four and five year old children living in some of the country’s most at-risk areas.
 

WISE Accelerator Program Selects Five Projects — Education

The World Innovation Summit for Education (WISE) has selected five projects to 2016-2017 WISE Accelerator program. They are ‘Learn Syria’ and ‘Chalk.com’ from Canada; ‘Aflatoun Education’ from Netherlands; ‘Joko's World’ from Australia and ‘Edukasyon.ph’ from Philippines. The WISE Accelerator is intended to support the development of innovative projects in the field of education with high potential for scalability and positive impact. It relies on the expertise of qualified mentors and partners to provide projects with effective strategies and concrete support to ensure their development. Five projects are selected annually to join the program.
Member News
Member News

Al Kaabi: Qatargas Supplies More than 2,600 LNG Shipments to Japan Over Past Two Decades — Business

Qatargas has supplied more than 2,600 shipments of of liquefied natural gas (LNG) to Japan during the past two decades, said Eng. Saad Sherida al-Kaabi, Managing Director and CEO of Qatar Petroleum and Board Chairman of Qatargas. Speaking at a ceremony hosted by Qatargas on the occasion of the 20th anniversary of the first delivery of natural gas Qatari LNG to Japan this evening, Eng. al-Kaabi said that was not possible without the Qatargas prominent clients trust and cooperation of the company's partners in Japan, which is the first Qatari liquefied natural gas (LNG) customers.
 

Alfardan Celebrates a MINI Success Story — Business

Alfardan Automobiles, the official MINI importer in Qatar, marked another year of growth, with sales increasing by 7% compared to 2015. The MINI 3-door Hatch, and John Cooper Works models were the top performers and contributed to Alfardan Automobiles being named the winner of the MINI Middle East Regional Dealer Competition. The MINI John Cooper Works segment achieved the highest growth in the region with a total of 14.7% increase, accounted for the largest sales share for the Qatari importer.
 

Raytheon Wins $202M Army Deal — Defense

Raytheon has won a foreign military sales (“FMS”) contract from the US Army to provide engineering services for the PATRIOT weapon systems program. The contract is valued at $202.2 million. It was awarded by the Army Contracting Command, Redstone Arsenal, AL. Per the contract, Raytheon will provide engineering services to Germany, Israel, Japan, Republic of Korea, Saudi Arabia, Kuwait, Netherlands, Qatar, Spain and Taiwan.
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