qatar today january 2012

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Qatar's role on the world stage:Diplomatic Gameplay. Qatar made the seemingly impossible possible when the country bagged the 2022 FIFA World Cup. It was the attitude that anything is possible if you have the will and the money, that was the heart of this achievement, CNN had reported. Qatar Today invited experts from around the world to say what they think about the country and its steep rise to recognition? Is it accepted as a power player on the global peace agenda or is it merely the clout of resources that makes the country take steps that are “seemingly impossible”?

TRANSCRIPT

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52. Qatar’s role on the world stageQatar was the first country to recognise the Libyan rebels, the first to close its Syrian embassy, and also a country that came down hard on the Yemeni president to step down. It was also the first Gulf country that asked UN member states to listen to the voice of reason and respond to the legitimate request for a Palestinian state with full membership at the UN. Moving from football legacy to world peace, Qatar has indeed carved its name on the regional stage, taking a strong stand on each of the Arab revolutions.Qatar Today invited experts from around the world to say what they think about the country and its steep rise to recognition.

18. emir calls for transparency at wpcAfter almost 80 years, the WPC finally arrived in the region which has been shouldering the burden of global energy for much of that time. Also known as the “Olympics of the Oil Industry”, the 20th WPC attracted over 5,000 professionals from the sector. Qatar Today talks to some experts and shines light on the highlights of the Congress.

48. the essence of Jet-settingIn 2009, Qatar Airways launched Qatar Executive to meet the needs of a premium market segment looking for a more flex-ible, discreet and personalised means of travel. In the short time since its launch, Qatar Executive has doubled its wholly- owned all-Bombardier fleet, and today operates six corporate jets with an aver-age age of just one year – the youngest fleet of business aircraft in the Gulf. Qatar Airways CEO Akbar Al-Baker elaborates on this premium segment.

c o n t e n t sj a n u a r y 2 0 1 2

published by oryx advertising co.wll, all rights reserved. qatar today is published monthly by oac, po box no. 3272, doha, qatar. subscription rate for qr. 240 per year. address for all subscription correspondence to qatar today, oryx advertising co.wll, po box 3272, al hilal area, doha, state of qatar. for single copies call us on + 974 44672139 or mail to [email protected]. material in this publication must not be stored or reproduced in any form without permission. request for permission should be directed to [email protected]. reprint requests should be directed to the [email protected]. qatar today is registered trademark of oryx advertising co.wll

january 2012volume 38issue 1

www.omsqatar.com

c o v e r s t o r y

70. Quick, effective, productiveSpeed Funding makes its Qatar debut, as angels and entrepreneurs take the first tentative steps towards a new way of doing business, writes Vani Saraswathi.

36. euro zone crisis to dominate investor mood What the markets hate more than anything is uncertainty, and Europe’s member states have delivered nothing but uncertainty to the markets in 2011. However, some think that even if tough measures are adopted, it will be some time before confidence returns to the European markets, says David Russell.

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84. luxury redefinedal gassar resort:The Al Gassar Towers are difficult to miss, with distinct Arab features. the sand-brown towers are in close proximity to Katara Cultural Village and take full advantage of the beachfront that Doha’s coastline has to offer. Qatar Today talks to the people behind this luxury offering.

86. Beacon of gloryWho would have expected the 300 metre-tall tower next to the Villaggio Mall, which held the flame for the 2006 Asian Games, to be the next 5-star hotel in the city’s luxury market? Gerhard Foltin, General Manager of The Torch - Doha, for one, knew it right from the start.

74. all that waste!Where does it all go? An interest group under QGBC tries to crack the predica-ment of growing waste in the country. Sindhu Nair finds out...

83. a porsche treat for the local mediaThe first ever Porsche Media Test Run took place in Qatar on December 10 when local media took part in an exciting day of driving the range, in an event con-ducted by Porsche Centre Doha, Al Boraq Automobiles Co; and hosted by the

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n e w s B i t e s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2o & g o v e r v i e w . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 8B a n k n o t e s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2w o r l d v i e w . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 0B r a k i n g n e w s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 2m a r k e t w a t c h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 0d o h a d i a r y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 8

regulars

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96. rota gala dinner a grand successIn the presence of HH Sheikha Moza bint Nasser, QF Chairperson, the 4th Reach Out To Asia (ROTA) Gala Dinner and Char-ity Auction raised $13 million to support ROTA education projects in troubled Asian communities.

92. national day: a day of Joy and unityProud residents and expatriates joined together throughout the country to celebrate National Day, marking what has been another successful year of growth for Qatar.

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published by

oryx advertising co wll, p.o. box 3272; doha-qatar

tel: (+974) 44672139, 44550983, 44671173, 44667584 fax: (+974) 44550982

email: [email protected] website: www.omsqatar.com

printed at: gulf publishing and printing co wll

copyright © 2010 oryx advertising co wll

published by oryx advertising co.wll, all rights reserved. qatar today is published monthly by oac, po box no. 3272, doha, qatar. subscription rate for qr. 240 per year. address for all subscription cor-respondence to qatar today, oryx advertising co.wll, po box 3272, al hilal area, doha, state of qatar. for single copies call us on + 974 44672139 or mail to [email protected]. material in this publi-cation must not be stored or reproduced in any form without permission. request for permission should be directed to [email protected]. reprint requests should be directed to the [email protected]. qatar today is registered trademark of oryx advertising co.wll reprint requests should be directed to the [email protected]. qatar today is registered trademark of oryx advertising co.wll reprint requests should be directed to the [email protected]. qatar today is registered trademark of oryx advertising co.wll

Qatar today invites readers’ feedBack

share your views on the magazine or any issue connected to Qatar. one lucky reader will win an exQuisite mont Blanc writing instrument.

qatar today reserves the right to edit and publish the correspondence. views and opinions expressed in the published letters may not necessarily be the publication’s views and opinions.

write to: the editor, qatar today, po box 3272, doha.

fax: (+974) 44550982, email: [email protected]

puBlisher & editor-in-chief yousuf Jassem al darwish

chief executive sandeep sehgal

executive vice president alpana roy

vice president ravi raman

managing editor vani saraswathi

deputy editor sindhu nair

editorial coordinator cassey oliveira

correspondents rory coen

ezdhar iBrahim

fashion &lifestyle correspondent orna Ballout

art director venkat reddy

asst art director – production suJith heenatigala

assistant art director hanan aBu saiam

senior graphic designers ayush indraJith

sampath gunathilaka

graphic designers maheshwar reddy

photographer roBert f altamirano

managers –marketing mohammed sami

zulfikar Jiffry

senior media consultant chaturka karandana

media consultant hassan rekkaB

accountant pratap chandran

sr. distriBution executive Bikram shrestha

distriBution support arJun timilsina

Bhimal rai

v o l u m e 3 8 i s s u e 1 J a n u a r y 2 0 1 2

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j a n u a r y 2 0 1 2 Qatar today 9

l as t y e a r e n d e d w i t h a Ba n g f o r a c o u n t ry t h at i s p o i s e d to B e o n e o f t h e to p m i c e d es t i n at i o n s o f t h e r e g i o n . t h e 2 0 t h w p c , t h e as i a n g a m es 2 0 1 1 a n d t h e f o u rt h

u n i t e d n at i o n s a l l i a n c e o f c i v i l i z at i o n f o r u m , a l l h e l d h e r e i n d e c e m B e r 2 0 1 1 m a d e t h e l i s t i m p r ess i v e e n o u g h to g e t t h e at t e n t i o n o f t h e wo r l d.

But the country didn’t need this list to mark its weight on the global stage. Al Jazeera’s open and largely unbiased reporting of the Arab Spring apart, HH the Emir Sheikh Hamad bin Khalifa Al-Thani is now considered a force to contend with when it comes to regional diplomacy and politics.

But what does the world think of this tiny nation that constantly strives to punch above its weight?

Qatar Today invited commentators and policy-makers from around the world to give their views on the country’s moves.

As events bring focus to the country’s MICE capability, the hospitality industry too, gears up for the challenge. The Torch and Al Gassar Resorts are the latest entrants in this sector. Both reveal their uniqueness in exclusive interviews inside.

We also speak to Akbar Al-Baker, the CEO of Qatar Airways and its private jet arm Qatar Executive, on the growth in this niche sector.

This month we bring you some rare insights from oil and gas experts, who were in the country for the 20th WPC, covering areas from exploration, and new techniques in oil ex-traction to carbon-offsetting and prospects for clean energy.

New technology brings in ideas for initiating new business. And aiding business start-ups in the country to find the right support is Angels Den, through their Speed Funding programme. Read more in this issue about this unique programme, and if you have the initiative, pitch for it!

As we enter the New Year, let’s hope that change – be it in politics or governance, business or profession – is for the better, and sustained.

f r o m t h e d e s kj a n u a r y 2 0 1 2

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l e t t e r s

A proud yeAr for TunisiA

What a proud year it has been for the Arab people, and most notably for Tunisians all around the world. I recently mentioned their Jasmine Revolution martyr, Mohammad Bouazizi, to a national and he was overcome with joy and emotion that I was even able to reference his name. They are truly proud of what they have achieved to date and I hope they have a great future.

bernhard gruber

dohA floods

I think it was rather poignant that Qatar Today should run a page on the floods which dev-astated many regions around the world in the same month that Doha itself witnessed more frequent rains than normal, prompting some light flooding in places. Queensland had ten years of drought before its floods so I guess anything is possible here in Doha.

mikel rim

QATAr mArch on

It’s great to see the Qatar National football team on the brink of qualification for the fi-nal phase of World Cup 2014 qualification. There was a great atmosphere in the Al-Sadd stadium for the crucial game against Bahrain. The marching band was my highlight I think – the really put a sense of spirit into our home support before kick-off. I was very proud to witness such unwavering support.

hassan al-moudad

D E C E M B E R 2 0 1 1

iPAD VERSION: EXPERIENCE ANEW ERA OF READING TODAY

Q A T A R ' S N O . 1 N E W S & B U S I N E S S M A G A Z I N E

QR.............15AED..........20OMR..........2

BHD............2KWD...........2SAR............20

LBP.............10USD............4.5EURO.........5.5

20TH WORLD PETROLEUM CONGRESS SPECIAL ISSUE

[email protected]

The vAsT Qncci took a spin out to the qncc last week – to see what all the fuss was about – and i parked

in the multi-storey car-park facility. the subterranean walk to the convention centre it-

self was more eventful than i imagined. elevators, escalators and travelators – i even

hitched a ride on the back of a buggy – broke up the twenty minutes or so it took me to

walk from the car-park to the exhibitions halls on the opposite side. a remarkable facility.

oh, and a word of advice – take note of where you have parked! john salmon

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Qatar today reserves the right to edit and publish the correspondence. views and opinions expressed in the published letters may not necessarily be the publication’s views and opinions.

will the 20th wpc Bring other new fuel options into focus?

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t h e w i n n i n g n u m B e r o f t h el as t Q t p o l l i s 3 0 6 7 8 74 6

Qatar today invites readers’ feedBack

share your views on the magazine or any issue connected to Qatar. one lucky reader will win an exQuisite mont Blanc writing instrument.

write to: the editor, qatar today, po box 3272, doha.

fax: (+974) 44550982, email: [email protected]

check out all articles of Qatar today onwww.issuu.com/oryxmags/Qatartoday

follow us onwww.faceBook.com/Qatartodaywww.twitter.com/Qatartodaywww.Qatartoday.tumBlr.com

will Qatar always Be percieved as the peace-maker in the region?

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news Bites

atar’s economic growth will slow in 2012, and it faces an increased risk of lower oil and gas prices due to weaker global demand, but the over-

all outlook for its economy is positive, the International Monetary Fund said.

The world’s top liquefied natural gas ex-porter saw its economy expand at a double-digit clip in 2011 and it plans to spend heavily on infrastructure projects before it hosts the 2022 soccer World Cup.

“The economic outlook for 2012 remains positive, despite increased external risks. Real gross domestic product (GDP) growth is projected to moderate to 6% in 2012,” the IMF said in a statement after concluding its annual consultation with Qatar on Decem-ber 1. For this year, the IMF has estimated growth of 19%.

Qatar’s development planning authority said in October it expected real GDP growth to slow to 5.1% in 2012 from a projected 15% for this year, as a decades-long gas expansion

programme winds down.“While real hydrocarbon GDP will slow

down to less than 3% due to the country’s self-imposed moratorium on development of new hydrocarbon projects until 2015, large infrastructure investment and increased production in the manufacturing sector will boost growth in real non-hydrocarbon GDP, which will accelerate to 9%,” the IMF said. Qatar’s outlook remains positive over the medium term, the IMF said, but warned of external risks.

1820th world petroleum congress

Qeconomic growth will slow in 2012: imf

the emir, hh sheikh hAmAd bin khAlifA Al-ThAni presents the necklace of independence to he AbdullAh bin hAmAd Al-ATTiyAh

he Emir, HH Sheikh Hamad bin Khalifa Al-Thani, issued an Emiri order on Decem-ber 20, granting the Chair-man of the Administrative

Control and Transparency Authority, HE Abdullah bin Hamad Al-Attiyah, the rank of Prime Minister. The Emiri order is effec-tive from the date of issue and is to be pub-lished in the official gazette, QNA reported.

Later, the Emir presented the Necklace of Independence to Abdullah bin Hamad at the Al Wajba Palace. The honour was bestowed on Al-Attiyah in recognition of his role in fighting corruption and ef-forts to help in the development of the national economy, especially in the oil and gas sectors.

Head of Emiri DiwanAnother Emiri order was issued appointing HE Sheikh Abdullah bin Hamad bin Kha-lifa Al-Thani as Head of the Emiri Diwan with the rank of Minister. The order annuls any provision that violates its rule. It comes into force from the date of issue and is to be published in the official gazette.

t

al-attiyah granted the rank of premier

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n e w s B i t e s

alaysia’s Prime Minister Najib Razak said in a joint press conference with Qa-tar’s Prime Minister HE Sheikh Hamad bin Jassim

bin Jabor Al-Thani that the two countries will each put $1 billion into a fund to look for investments. “The Prime Minister of Qatar and I have agreed to work to set up a Malaysia and Qatar Investment Fund with each country to set up $1 billion to look for investments,” Najib said.

He did not elaborate on the type of fund or asset class that will be invested in by the two countries.

he 4th Forum of the United Nations Alliance Of Civilisa-tions held over three days in December 2011, revolved around issues of dialogue,

dignity, democracy and development.From December 11-13, 2011, more than

2,500 attendees met in Doha, includ-ing heads of state, ministers of foreign affairs, NGOs, representatives of civil so-ciety, young leaders, foundations, media, academia and the corporate sector, for the 4th Forum of the Alliance of Civiliza-tions (UNAOC). The Doha Forum revolved

around three key themes: the missing link in cultural diversity, promoting trust and tolerance to advance development goals; and new strategies for intercultural dia-logue, understanding and cooperation

HH Sheikha Moza bint Nasser renewed her message to the international commu-nity: “During this Forum, I have seen the involvement of the youth and I was happy to hear their voice. In fact, despite what we think, their awareness is real and they have proven that we need their leadership and support to achieve the goals of UNAOC and MDGs.”

t

the Al Million Services Trading and Contracting Company has won a public bidding to become the first private franchise to operate taxis in

Qatar. The company is expected to launch its first fleet of 300 taxis in six months.

Two other private companies, Al Ijarah Holding and Petro Qatar, have also quali-fied to compete with the state-backed Mowasalat in operating taxis. The three companies have been selected through a public bidding launched by Mowasalat a few months ago.

“Al Million will start operations with 300 taxis initially in six months time, and later expand its fleet to 500. The other two companies will join with a similar number of taxis at a later phase. Qatar will have three private taxi companies by the end of next year and another three companies will join the fray by 2016,” said Jassim Saif Al-Sulaiti, Chairman and Managing Director of Mowasalat. The new cabs will follow the same standards and specifica-tions as the Karwa taxis as well as their fare structure, added Al-Sulaiti.

new taxi services on the roads in six months

unaoc focuses on dialogue and democracy

ma Joint fund for investment

AuThoriTy To scruTinise corrupTion in governmenT qatar has set up an anti-corrup-

tion watchdog to track state

ministries and agencies and to

probe claims of abuse of power or

public funds.

the emir hh sheikh hamad bin

khalifa al-thani, said the adminis-

trative control and transparency

authority would also scrutinise

the activities of government-

linked agencies.

the authority’s tasks will include

probing the misuse of public funds

and investigating complaints

against government officials. the

agency may also have access to

banking details, in cases that al-

lege money-laundering activities.

h i g h l i g h t

hh sheikhA mozA binT nAsser with other leaders at unaoc

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n e w s B i t e s

lobal Dry Land Alliance (GDLA), a Qatar-led ini-tiative to integrate dry land countries for support in times of need, will be

launched in November 2012, said Fahad Mohammed Al-Attiyah, Chairman, Qa-tar National Food Security Programme (QNFSP).

Addressing a seminar on ‘Global Food Challenges’, Al-Attiyah said the Alliance

was designed to build political will to fur-ther research in agriculture and build ca-pacities to enable food production.

Initially, a small group of 10 to 20 member countries who are committed to the GDLA’s goals will comprise the Alliance, he said. “Being a member of the GDLA will be a huge incentive because member countries can benefit from immediate response in times of crisis, but at the same time they have to have obligation on co-members,” he said,

stressing that each country should have its own national food security programmes to mitigate the impact of food and water crises besetting the world’s future.

Statistics show that one billion people go hungry every day, and demand for food is expected to increase by 70% by the end of the year 2050. Climate change has rendered large areas incapable of food production, threatening food supply to hyper-arid areas such as the MENA region.

gfood security for dry lands

Qatar has maintained its posi-tion as the least corrupt nation in the Middle East and North Africa region but slipped three

notches from last year in the Corrup-tion Perception Index 2011 (CPI 2011) released by Transparency Interna-tional.

Although Qatar was down from 19th in 2010 to 22nd place among 183 countries, it still grabbed the top spot among 18 MENA countries. It is fol-lowed by the UAE, which is placed 28th globally.

At this position, Qatar is ahead of 161 countries in the world, including the USA, France, and Israel and all of the Gulf Cooperation Council (GCC) states and Arab countries. Qatar en-joys the highest score in MENA in the index, at 7.2, despite the fact the CPI 2011 shows that more than three quarters of the 18 MENA countries and two-thirds of all countries score below. Lowest in the MENA ranking is Iraq with a score of 1.8.

The report says that a 0 score is per-ceived to be highly corrupt while 10 is seen to have low levels of corruption.

Most Arab Spring countries rank in the lower half of the index, scoring be-low 4, including Libya, Yemen, Syria, Egypt and Tunisia. Before the Arab Spring, a Transparency International report on the region warned that nep-otism, bribery and patronage were so deeply engrained in daily life that even existing anti-corruption laws had little impact.

Qatar least corrupt among mena countries

QTel group reAps AwArds AT commsmeA AwArdsqtel won the “best business

service” and qtel group

companies received “op-

erational expansion of the

year”, “middle east operator

of the year” and “african

operator of the year”

awards at the commsmea

awards

iving a major boost to the tourism sector in the country, Qatar will soon have its first water taxis to be introduced in three

new urban areas – Lusail City, West Bay and the Airport.

A joint agreement for launching this new service was signed between Mow-asalat, Qatari Diar and Lusail Real Estate Development Company at the Mowasalat headquarters.

According to the agreement, Mowasalat will launch the first few water taxis next year as a pilot project.

The service will go fully operational when work on these new urban projects is completed.

The signing ceremony was attended by Jassim Saif Al-Sulaiti, Chairman and Managing Director of Mowasalat; Essa Al Khaldari, CEO of Lusail Development; Mohammed Al Hadfa; CEO of Qatari Diar and other senior officials.

gwater taxis to Be introduced

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fter almost 80 years, the WPC finally arrived in the region which has been shoul-dering the burden of global energy for much of that time. From December 4-8 last, the fresh and lavish Qatar National Convention Centre (QNCC) hosted some heated debate and analysis of the industry, and it gave global and regional oil companies an opportunity to promote their latest innovations and offerings.

The Emir, HH Sheikh Hamad Bin Khalifa Al-Thani, welcomed delegates to the congress at the opening session and expressed his pride and fortitude at bringing such a prestigious industry event to his country. However, he quickly got on to more specific concerns which he felt needed to be addressed at this pivotal period in the evolution of energy.

He stressed that Qatar and its regional counterparts would continue to invest in the production of energy, but there needed to be honesty and transparency from both the producers and the importers of oil to facilitate a healthy relation-A

the emergence of sustainaBle and clean energy was a huge talking point at the world petroleum congress (wpc) in doha recently. there is a serious effort Being made to find a happy medium Between the development of renewaBle energy resources and the continued mass production of hydrocarBon fuels. is it possiBle for all parties involved to Be truthful and transparent with each other?

Emir cAlls for trAnspArEncy At Wpc

t a g t h i so & g o v e r v i e w

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ship. Whilst all entities are trying desper-ately to curb the world’s over-reliance on hydrocarbon energy – such as oil and gas – some of the developed nations who im-port oil from the Middle East might not be as transparent with their progress into this arena as they could be.

“The negative impact of producing fossil-fuel energy on the environment – particularly air quality due to the rise in harmful emissions and climate change as a result of the worsening problem of global warming – are facts that leave no room for argument,” the Emir said.

“But tackling these negative issues on the environment cannot be handled by a single party in isolation of other concerned parties. For example, the development of

clean and renewable energy resources is positive and necessary, and oil and gas ex-porters strongly support this, but in an ef-fort to achieve this, developing countries should not be malicious in their reasoning. For instance, they shouldn’t feel like they are being dominated by oil-exporters, or in the case of the environment, the develop-ment of these resources shouldn’t coincide with the assistance and support for coal-production.”

“In addition to that,” the Emir contin-ued, “the development of these resources should not be carried out in secret, with-out informing the exporters of their prog-ress. Transparency is needed for more accuracy in estimating future demand for oil and gas”

The emir, hh sheikh hAmAd bin khAlifA Al-ThAni speaking at the opening session of the 20th world petroleum congress last month

t a g t h i s

he significant contributions to the development of Qatar’s oil and gas industry made by HE Abdullah bin Hamad Al-Attiyah Deputy Prime

Minister and Chairman of the Administra-tive Control and Transparency Author-ity were celebrated last month at a packed ceremonyat Al Shaqab premises, hosted by ExxonMobil.

“His Excellency Minister Al-Attiyah’s leadership and the story of Qatar’s natural gas development illustrate the progress and prosperity that is possible when people come together the way Qatar Petroleum

and ExxonMobil have,” said Rex W. Tiller-son, Chairman and Chief Executive Officer of ExxonMobil Corporation.

“I know I speak for all ExxonMobil em-ployees who have had the privilege to work in Qatar and in particular to have the privi-lege to work with His Excellency in saying it has been a pleasure to be part of this jour-ney,” he said.

In a emotional speech, HE Al-Attiyah thanked HH, the Emir, for the vision to de-velop Qatar’s oil and gas industry. “It is be-cause of his vision and under his guidance that we are able to celebrate our position as the world’s leading LNG producer. I am

most grateful that he gave me the opportu-nity to play a role in Qatar’s inspirational story of growth,” said HE Al-Attiyah.

exxonmoBil honours he al-attiyah

t

“it is not reasonaBle to ask the exporting countries to meet

the future needs for these two commodities while at the same time the consumer countries

carry out unilateral activities that augment the risks facing

these investments."

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o & g o v e r v i e w

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atargas announced the sign-ing of a Tripartite Sales and Purchase Agreement (SPA) to supply Liquefied Natural Gas (LNG) to Chubu Electric Pow-er Company and Shizuoka Gas

Company at a signing ceremony during the WPC. Under the binding terms of the Tripar-tite SPA, Qatargas will transport and deliver ex-ship a minimum of 0.2 million tonnes of LNG annually to a cluster of receiving termi-nals starting from 2016.

Khalid bin Khalifa Al-Thani, Chief Execu-

tive Officer of Qatargas, said: “This agree-ment is remarkable in many aspects. It fur-ther nurtures our long lasting relationship with Chubu Electric Power Company while it welcomes Shizuoka Gas Company as the first new long-term Japanese buyer of LNG, in addition to the eight buyers which formed the currently existing consortium purchas-ing LNG from Qatargas 1 joint venture for contracts signed in 1992 and 1994. It is also an example of how Qatargas can grow its share of the Japanese gas market in partner-ship with Chubu Electric Power Company.”

atargas CEO, Khalid bin Khalifa Al-Thani, declared that Qatargas would contin-ue to seek increased energy efficiencies across its facili-ties to ensure stability and a better tomorrow for future

generations as he presented his paper “Sup-porting the objective of creation of a stable source of income for the State of Qatar”, in the Qatar Ministerial session.

“Qatargas now supplies to 19 of the 24 LNG importing countries worldwide,” he said. “We have delivered over 2,300 car-goes to date. We can be certain that the geographical spread of our markets will continue to develop and, through this, we can realise our goal of supporting a stable source of income for the state of Qatar. We’ve established and maintained a prov-en record and will continue to supply our

Qatargas sign tripartite agreement

Qatargas pledge energy efficiency

Q

Q

he dr mohAmmed bin sAleh Al-sAdA, minister of energy and industry, and khAlid bin khAlifA Al-ThAni, ceo of qatargas, signed the triparite with the ceos of chubu elec-tric power company and shiZuoko gas company

E Oil & Gas has completed a fast-track refurbishment proj-ect to eliminate corrosion, or pitting, of compressor blades

on 14 gas turbines at Atlantic LNG Com-pany of Trinidad and Tobago’s (“Atlantic”) production facility in Point Fortin, Trinidad and Tobago. The project will prevent blade degradation and help to maintain high pro-ductivity of the 14 units. Rami Qasem, CEO, GE Oil & Gas, MENAT, explained at the WPC that the project in-cludes the supply and installation of new filter house technology and new ventilation systems with separate inlets to improve fil-tration and safeguard the blades against cor-

rosion. The GE innovative high efficiency filter house is specifically designed to elimi-nate gas turbine shut downs for off line axial compressor water washes. It is also possible to change the filter online without any ad-ditional stop, thus saving an estimated four days of production per year.

Equipment for the first six units was shipped in May and June of 2011, and the installation was completed in July of 2011. Equipment for the additional eight units was shipped in August with installation starting in early October and now com-pleted. “Because of the need to solve the pitting issues due to salt crystal presence or other contaminating agents while optimis-

ing availability we asked GE to provide us with a retrofit solutions that could meet our requirements and be deployed easily,” said Jeff Bailie, Director Projects/TAR/CSA of Atlantic. The refurbishment project was performed during the planned plant main-tenance carried out through modular re-placement under the terms of a Contractual Service Agreement (CSA) already in place between GE and Atlantic. That agreement was signed in 2005 and covers 27 GE gas turbines and 47 GE centrifugal compressors at the Point Fortin facility. The CSA is sup-ported by a field service and maintenance center that GE has established adjacent to the Atlantic complex.

Gge’s filter house solves Blade corrosion

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aersk Oil and Siemens have agreed to develop and build turbines for the former’s novel TriGen clean power generation

technology.TriGen is a power generator which burns

gas with pure oxygen to produce clean power, pure water and ‘reservoir ready’ carbon dioxide. The high purity CO2 is captured, making the power generation emission-free, and is then transported to oil and gas fields for Enhanced Oil or Gas Recovery (EOR/EGR).

Maersk Oil acquired license rights to the pure oxygen combustor, whose technology is derived from the space industry, from U.S.-based Clean Energy Systems (CES)

in January 2011. Now, Siemens will build turbines specially adapted to the combus-tion process to significantly increase the efficiency of the electricity produced.

“The agreement with Siemens is anoth-er milestone for our innovative clean pow-er project, helping to mature the TriGen technology to a stage where it can be used widely and commercially,” said Bob Alford, TriGen Project Manager at Maersk Oil.

“Our goal is to be able to offer a unique product that for the first time joins oil and gas production together with power gen-eration in one integrated project.

This offers not just zero-emission elec-tricity and pure water but also the ability to extract oil and gas that would otherwise be non-producible through EOR/EGR,”

Alford said. Under the agreement, Siemens will fund

and further develop the ‘oxyfuel’ turbines over the next five years.

maersk oil and siemens Join forces for clean power generation

m

he World Energy Council (WEC) expects that transport fuel demand in the next 40 years will come mainly from developing countries such as

China and India, where demand will grow by 200-300%. In contrast, the transport fuel demand for the developed countries will drop by up to 20%, mainly due to in-creased efficiencies. The demand of the developing countries is expected to surpass that of the developed countries by the year 2025.The result of this year-long study de-scribes potential developments in global transport fuels and technology systems on the basis of two distinct scenarios; “Free-way” and “Tollway.” The “Freeway” sce-nario envisages a world where pure market forces prevail to create a climate for open global competition and solutions which are driven by lowest cost and the private sector. The “Tollway” scenario describes a more regulated world where governments decide to intervene in markets to promote early adoption of alternative technology so-lutions and invest in public transport infra-structure putting common interests at the forefront.

“The Freeway and Tollway scenarios de-scribe two extreme ends of the potential future of transport. The reality will inevi-

tably be between these two scenarios with regional differences playing a major role,” said Prof. Karl Rose, Director of Policy and Scenarios at the WEC.

“It is, however, evident that the trans-port sector is about to go through a radi-cal change. The light duty vehicle sector in OECD countries will be almost completely transformed in terms of fuel mix and we will see a pronounced shift of demand for transport fuels to the developing countries. The effect of the penetration of new tech-nologies seems to be less profound than many have predicted, mainly due to the exceptional growth in heavy transport de-mand,” he added.

wec envisions a different transport sector By 2050

tcustomers on a safe and reliable basis.”

“Today we have grown into a best prac-tice operating company model. The con-cern for safety and the environment are core values, and today we are at the leading edge using technologies which, whenever possible, minimise the impact on the envi-ronment.”

Qatargas manages its offshore opera-tions which include a total of 85 wells that send an average of 7.3 billion cubic feet of natural gas every day for onshore process-ing. The company also manages four joint ventures, Qatargas1, the world’s first fully integrated value chain Qatargas2, Qatar-gas3, Qatargas4, G2), four world-class mega liquefaction trains each with a production capacity of 7.8 MTA of LNG, and Qatar’s first condensate refinery, the Laffan Refin-ery, which is designed to be one of the larg-est condensate refineries in the world.

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Qatar today j a n u a r y 2 0 1 224

rom the outset, the aim was clear: To ensure that the event will pay great atten-tion to social and environ-

mental issues. The Chairman of the 20th WPC Issa

Shahin Al-Ghanim had said at the plan-ning stages itself that the conference would comply with high ethical standards and re-duce its environmental footprint by means of strategic attributes in the organisation of the event. “The greenhouse gas emissions for the event will be reduced to net zero. The leading global law firm Baker & McK-enzie has been appointed the ‘Official Law Firm and Carbon Offset Partner’ of the 20th World Petroleum Congress,” he had said several weeks ago.

Qatar Today spoke to Andrew Beatty, Partner, Global Environmental Practice at Baker & McKenzie to find out more on how this has been achieved.

“In January 2011, we were at the World Future Energy Summit held in Abu Dhabi, where we were approached by QP to see whether we might be interested in arrang-ing for the offset of the estimated carbon emission as a result of organising the WPC. We were approached due to our expertise in the field of climate change law and in par-ticular markets which sprung up as a result of international trade links.”

After a few months of discussions with QP and the WPC Organising Committee, Baker & McKenzie identified a number of projects that generate verifiable carbon emission reduction.

20th WPC had a very specific brief which made it to some extent different from other projects that were completed by the Company.

The Organising Committee of WPC was specific that the credits should be de-rived from a project in a country that was a member of the WPC, and in projects which involved a fuel switch to gas and also that it was to be verified to international practices.

“Working with the specialist carbon consultancy, Perenia, we identified a suit-able carbon offset project in power project in Andhra Pradesh, India, which involved

a switch from naphtha to cleaner natural gas. This has reduced emissions and gen-erated internationally verified, monitored and registered credits, whilst keeping with the strict requirements set by the Organis-ing Committee. The Project is registered with and certified under the Voluntary Carbon Standard, is externally audited, demonstrates a contribution to human de-velopment through the donations made by the project to the Lanco Institute of Gen-eral Humanitarian Trust; and is not where permanence of emission reductions are at risk,” says Beatty.

Perenia estimated the carbon emis-sions generated for the event. “We have estimated 6,500 tonnes of carbon dioxide emissions and all of them have been bought and retired already. The figures have been over estimated to be on the safe side. This is to be sure that after the event when the final emission figures come in we do not fall

short,” says Tiffancy Thomson, Regional Manager of Perenia, who was involved in the project.

“In our calculations we have assumed that all the participants fly in and all of them drive in their vehicles from their point of stay to the Congress. We know that this is not the case but this will give us a figure that will be above what is finally calculated,” she says.

“It also shows the commitment that Baker & McKenzie has in delivering with the Organising Committee of WPC a car-bon-offset Congress. We are hopefully do-ing something good for the environment while we also do something good for the community.”

(Interviewed By Sindhu Nair)

a responsiBle congressthe recently concluded 20th world petroleum congress (20 wpc) has added another feather to its cap: it was a fully carBon offset congress with its estimated carBon emissions calculated, retired and verified.

f

Andrew beATTy, partner, baker & mckenZie

[email protected]@pereniacarbon.com

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j a n u a r y 2 0 1 2 Qatar today 25

ember of the Winter-shall Board of Executive Directors with respon-sibility for Exploration and Production, Martin

Bachmann said: “In Qatar, we have had pro-duction before but that has stopped and we are now exploring a number of wells. We have already spent over $200 million in exploration and now we hope to come to a development in one of our current explora-tion blocks in Block 4N. We are testing and are preparing to drill early next year.”

But there are no more details available on this as QP and Wintershall are currently evaluating the amount that can be produced here.

So is there more oil and gas yet to be discovered in the North field?

Bachmann is cautious. “There is a saying that you will find more oil and gas where there is oil and gas. So there is a scope for that.”

But the main aim for Wintershall at the WPC was to present to the world their cur-rent largest research project – a fungus that enhances oil recovery.

This project focuses on a gelatin-like fungus (schizophyllum commune) which generates a biopolymer when it consumes oxygen and starch. The biopolymer can be applied as an entirely organic thickening agent, thus opening up new prospects for enhanced oil recovery (EOR). The recov-ery rate of a deposit can be increased sig-nificantly with this method – moreover, it can be done in an environmentally friendly way, for the biopolymer is 100% biologically degradable.

“In an oil field, you have oil which flows slowly in comparison with water. What happens when you extract oil is that water comes out faster which make it difficult to extract all the oil. With the help of this poly-mer, the water is thickened thus pushing the oil before it. Thus you get much more oil out than a well without such agents,”

Bachmann explains.The polymer can be produced artificially

but what Wintershall is trying to do is to produce the polymer from a fungus, thus making the project entirely environmental--friendly.

“This has not been produced commer-cially yet. A plant to build the polymer is being built in Germany as it has to be mass-produced and next year it will be pilot-tested in our own oil field in Bockstedt in northern Germany.”

“There has been a lot of interest from oil companies and discussions are in progress,” he said, “But it would take at least a couple of years before this will be available com-mercially.”

Presence in the regionWintershall’s presence in the region is quite large.“Our biggest presence is in Libya. Before suspending its operations in February due to the unrest in Libya, Wintershall was pro-ducing 100,000 barrels of oil per day. In Oc-tober, we have restarted our oil production we went up to 20,000 bpd very fast and we are higher than that. But we are trying to stabilise and maintain production at this level,” he said.

“We have exploration licenses in Qatar and the most prominent one is in block 4 which is right next to the north field, in which we drilled a well last year. In this new site, we will drill a well next year. We also have two wells to drill in block 3. We have been here since 1973.”

Wintershall also has a prominent pres-ence in Abu Dhabi with an MOU signed re-cently with ADNOC for the development of the gas field.

“We are looking to expand operations across the region, in Oman, the Emirates and Qatar. We now want to get more ac-tively involved in long-term upstream proj-ects in the Gulf. The combination of mod-ern exploration techniques and innovative

production methods for enhanced recovery from increasingly complex deposits – this is the strategy that Wintershall has applied successfully worldwide,” he said.

More to expectWintershall’s strategy is to develop the more difficult oil fields. “The easy ones can be developed by the national oil companies but it is the difficult ones that we need to concentrate on. We are looking for oppor-tunities to work on EOR, sour gas and tight gas. We are experts in all the difficult hydro carbons and that is what we will concen-trate in. We know the region well and this is where we will concentrate.

“For the coming years, what is quite clear is that even with a strong growth in the re-newable energy, oil and gas will still remain the most predominant forms of energy for some more years to come. We think that gas is going to be one of the key energy sources for clean and reliable energy. Even with the most aggressive substitution of primary en-ergy sources with renewables, we are con-vinced that we will need more oil and gas than we need today.”

(Interviewed by Sindhu Nair)

exploration to yield results in Block 4nwintershall had a huge presence at the 20 wpc But that is nothing new if you look at the company’s history in Qatar, with associations going as far Back as 1973.

m

mArTin bAchmAnn, member of the wintershall board of executive directors

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Qatar today j a n u a r y 2 0 1 226

t the 20th WPC his effort was particularly tenuous consid-ering the cause he was sup-porting was pitted against the long-standing agenda of oil

and gas giants represented at the Congress.While renewable energy was of course

one of the topics of discussion at the Con-gress, the consensus was that fossil fuels will continue to be the main source of energy for a considerable time.

Which begs the question, once again, why renewable energy, which is available in abundance and free for use , is not being harnessed universally as a viable and im-portant source of energy? A question that Schellekens has some answers for.

“The are several challenges but the main one is how you view the investment profile of renewable energy projects. They need to compete with conventional projects for in-vestments and here the full story for renew-ables is often not understood. With no real ongoing fuel costs, the investment profile for renewable energy is mainly front-load-ed, and then there is a tail which decreases over time, which is just the operating and maintenance cost. The total cost in the long run is actually much less for these projects when compared to conventional energy projects which have smaller initial capital cost with quite a significant tail for mainte-nance,” says Schellekens.

So how then will the case of renewable energy be attractive for an investor?

“At the end of the day, all energy proj-ect investment decisions are driven by the economics of the project. Many of the decisions are made by credit commit-tees and internal standards that review project opportunities. And the challenge is that these projects need to compete against conventional projects. If I have a

for the cause of renewaBlesgus schellekens, a director in pricewaterhouse cooper's (pwc), sustainaBility and climate change team, is helping to drive the Business case for greater adoption of sustainaBility principles, and promotes the use of renewaBle energy.

AB y S i n d h u n a i r

gus schellekens, director sustainability and climate change team,

pricewaterhouse coopers (pwc)

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renewable project case with an estimated rate of return at 7% over the life of the proj-ect and a conventional energy project busi-ness case with a return of 15%, it is easy to guess which they will opt for.

"There are however a number of ways to help address this and level the playing field. For example, by looking to reduce the costs of the renewable energy technologies be-ing used, addressing particular areas where

there is a higher perceived risk for the re-newable option, making sure that there are similar secure and long term power pur-chase agreements in place for the project offtake, and taking advantage of some form of targeted government intervention, can all help to raise the rate of return or reduce the risk profile.

"Finally, by encouraging more investors to become involved in renewable energy,

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the sector can get the much-needed boost,” he says

In Europe, for example, there is a com-plete decrease in the building of new coal-fired projects, since it is not going to be economical, going forward, given the tax measures that the EU is putting in place.

Schellekens also suggests that oil majors too play a role in the renewable sector.

“While their core business remains fo-cused on the developmet of oil and gas re-sources, oil giants can open a small area of activity in renewables, especially for their internal needs. Although these activities might not be large when compared to their present operations, there are opportunities for example to support the electricity needs of existing operations with freely available renewable energy rather than use exist-ing production. One challenge will be that this technology development will never be viewed as a part of the core business and as a result it may receive varying support. But the learnings from developing these in-house renewable energy projects, the increase in global installed capacity for a particular technology, the resulting opera-tional track record of the individual renew-able technologies is critical to help support a longer term transition to greater use of renewables," he says.

The role and involvement of govern-ments in supporting the development of the industry does need to be carefully con-sidered. In countries like Italy, Spain, and France where there have initially been over generous with incentives, there is the dan-ger of creating a boom with far too many projects being initiated many of which will be stopped when money runs out damaging the long-term development of the sector, says Schellekens.

The country which has managed this best, according to Schellekens, is Germany, which has taken a measured approach, con-sulting frequently with key officials and the industry.

“Governments that consult with indus-try are in a better position. Renewables represents a relatively new industry for both government and industry, being too stringent will not allow any development to take place, being too generous can create a boom. Managing all of these complexities is one of the major challenges for govern-ments in this emerging sector.”

Qatar and its potentialAccording to Schellekens, the Middle East region as a whole has huge potential for the renewable sector.

Solar and wind technology are obvious choices for the region, he says. “Technol-ogy maturity, resource availability and the level of government support along with in-vestments determine whether the project moves forward.

“The first step for the government would be to start collecting accurate data from dif-ferent ground level stations for wind and solar intensity which can then form the basis for planning. Without reliable data it is very uncertain in terms of what is actually possi-ble for also the companies to decide what is appropriate.

"Most of the countries rely on satellite

data which are not that accurate. They can be out by 10-20%, which then doesn’t work because the project is designed not accord-ing to the conditions. In some parts of the world, the use of inaccurate data has meant that a project had to be redeveloped or not delivered. In addition to reliable data and the right legislative conditions being in place, other pre-requisites that have been identified by studies include a robust legal framework, an open investment climate underpinned by a liberalised power market, and, where there is little or no existing proj-ect development, a period of government subsidies or support to help kick start the industry. The key requirement however, is also ensuring that the right technology is chosen, one that is most appropriate for the location to ensure project success.”

It is also important to note that just one project will, in itself, will not create a re-newable energy industry, there also has to be a more comprehensive support to fill in some of the other gaps.

“Many governments have realised that there is a larger strategic opportunity for a country to promote a renewable pro-gramme. And that could be in the form of creating the right conditions for the projects to develop. If substantial enough, these projects may be able to support the development of a local industry that manu-factures, supplies and services the compo-nents required. The projects may also sup-port location specific research that look to further hone aspects of the technologies appropriate to that country or region. To achieve such outcomes, there is a need to plan this sequence of steps to ensure that the industry receives the support it needs. And it is those countries that follow such a planned approach that create a flourishing environment for a new industry.”

PwC and Schellekens have been involved internationally for many years with many stages of this roadmap process, guiding large corporations and governments who are looking to develop a renewable energy portfolio or supportive business environ-ment respectively. Schellekens consulting career in particular focusses on managing and delivering large programmes of work with private and public sector organisa-tions internationally. For the past three years, he has been supporting the devel-opment of large government and private sector solar programmes and projects. His current clients include international Gov-ernments, renewable energy project de-velopers, NGOs, academia and technology companies

The renewAbles conTribuTioninstalled renewable power capacity has grown rapidly over the past decade

around the world. driven by economic development and associated increasing

demand for energy, 2009 saw over qr546 billion ($150 billion) invested in renewables.

this increased to over qr 873.5 billion ($240 billion) in 2010 with the us and europe

adding more renewable than conventional power capacity. what is also encourag-

ing is that this growth is not limited to developed countries. as of 2009, china had

the world’s largest renewable capacity installation, contributing 37gw to the

global total of nearly 80gw added renewable capacity that year. turkey, braZil, in-

dia and argentina were also in the top five global producers of wind energy, solar

hot water/heat capacity additions or biodiesel production. this has helped coun-

tries in their attempts to address both climate change and domestic energy security

and supply issues, as well as create new jobs in a period of high unemployment.

"oil giants can open a small area of activity in renewaBles,

especially for their internal needs"

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What are the arrangements in place for WETEX 2012?This will be the 14th edition of WETEX, and it will be held at the Dubai World Trade Centre, over an area of 33,000 sq m, from March 13-15, 2012. So far we have 24 offi-cial sponsors - five strategic partners and 10 platinum and nine gold sponsors - as well as participating government bodies. We are expecting more than 1,000 national, regional and international companies to attend from over 40 countries in Europe, Asia, the Middle East, the Far East, America and Australia, and more than 15,000 visi-tors including high-level government offi-cials, industry experts, consultants and top corporate executives.

What is the purpose of the exhibition? The Dubai Electricity and Water Author-ity has successfully organised the exhibi-tion for 13 years under the patronage of HH Sheikh Hamdan bin Rashed Al Maktoum, the UAE Finance Minister, Deputy Ruler of Dubai and Chairman of DEWA, and un-der the auspices of the SCE; and every year there is an increase in the number of local, Arab and international participants. Over the three days of the exhibition, leading ex-perts and specialists from various scientific, engineering and technology backgrounds come together to exchange views with gov-ernment departments and decision-makers to keep up with the latest developments in the areas of energy, water and the environ-ment and thus achieve coherence among

the different bodies specialising in the areas covered by the exhibition.

What is new for the 14th edition of the exhibition?The exhibition has additional features ev-ery year, in line with developments in the energy industry, environmental protection and water resource management, but the main thing about WETEX 2012 is the wide- scale participation of oil and gas companies for the first time in the exhibition’s history. At the 14th edition we will have global com-panies taking part, and for the first time we will have representatives from vital areas of economic activity that come under the oil and gas technology sector, starting from drilling and production companies as well as associated industries. This implies that the exhibition has widened in scope and taken on broader dimensions.

What programmes will the exhibition be focusing on?The exhibition will be concentrating on new technologies in fossil fuels, nuclear energy, renewable forms of energy, energy produc-tion and conservation, and smart networks, as well as water resource management through desalination and water treatment. Sustainability is one of the exhibition’s stra-tegic goals. Renewable energy will also get a lion’s share of attention at the exhibition.

Who are going to be the main speakers?We at WETEX like to host discussions on

various energy topics and garner a lot of scientific thinking, research and expert forecasts in the energy field that have useful practical applications in the exhibition’s ar-eas of interest. The aim is to provide greater opportunities for communication between the operational sector and users by present-ing the latest technology and technical so-lutions that can help save energy and water and promote the concept of environment-friendly products and services.

What is the Dubai Integrated Energy Strategy for 2030, and what were the main initiatives carried out in 2011?The aim of the strategy is to secure guar-

wetex 2012 attracts attentionhe saeed mohammad al-tayer, vice chairman of the duBai supreme council of energy (sce), managing director and ceo of the duBai electricity and water authority (dewa) and chairman of the wetex 2012 organising committee, was at the 20th wpc heading a delegation that included sce secretary-general neJiB zaafrani and wetex organising committee memBers Jassim raJaB and dawood al-shezawi. Qatar today caught up with al-tayer to find out more aBout wetex 2012.

B y e z d h a r i B r a h i m

Qatar today j a n u a r y 2 0 1 228

he sAeed mohAmmAd Al-TAyer, vice chairman of the dubai supreme

council of energy

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anteed energy supplies for the Emirate of Dubai and to plan pro-actively towards that goal; to set out the rights and duties of en-ergy suppliers and to boost cost effective-ness and the quality of services provided in supplying energy and reducing consump-tion, with the emphasis on environmental sustainability. The SCE drew up the strat-egy in order to diversify energy sources and support sustainable development by set-ting quotas for electricity generation, us-ing different forms of energy from diverse sources. In the past we relied only on gas and diesel, but now we will have four sourc-es of energy: gas (71%), clean bituminous coal and nuclear power (12% each) and solar power (5%).

What are the prospects for nuclear power generation? Isn't it risky?There are international standards that Dubai complies with, and a regulatory au-thority has been set up to be responsible for overseeing and licensing the nuclear energy sector in accordance with these standards.

You have conducted studies on imple-menting the energy strategy and finding ways to reduce carbon emissions by pro-

ducing energy under the independent producer system. What are the results of this research?In December 2010 the SCE published the strategy, which aims to establish the Emir-ate of Dubai as a model for the world in terms of energy security and efficiency, and to ensure continuity of supply. The strategy covers a number of core issues and initia-tives to reduce carbon emissions, among them increasing the efficiency of power sta-tions and both transmission and distribu-tion networks, and producing energy from turbines. Furthermore, on the instructions of SCE Chairman HH Sheikh Ahmed bin Saeed Al Maktoum, the Dubai Carbon Cen-tre of Excellence (DCCE) was set up to work on reducing carbon emissions in strategic partnership with the United Nations Devel-opment Programme. The Centre will focus on a number of environmental initiatives to halt and reverse the rising rate of emissions by changing the current way of doing things and seeking to apply best international practice in the area of environment-friend-ly initiatives. It will conduct carbon audits to determine carbon assets and launch a set of projects to limit carbon gas emissions within the framework of the UN’s Clean De-

velopment Mechanism, defined under the terms of the Kyoto Protocol. This mecha-nism works on an off-setting principle that allows industrial countries with emission-reduction commitments under the Pro-tocol to reduce emissions by investing in emission-reduction projects in developing countries, giving these countries an incen-tive [to develop cleanly] by turning their carbon reserves into tradeable assets.

What is the purpose of showcasing the exhibition at the 20th World Petroleum Congress?The purpose is to publicise and promote WETEX as one of the most important wa-ter, energy and environment exhibitions in the region, since the WPC represents a major opportunity to exchange experience and expertise and find out about the lat-est developments in technology and best practice. We can also find out about new developments in the global energy market, especially in oil and gas, and meet key par-ticipants in the Congress. We are interested in picking up the best technical processes and following the very best practices in or-der to help us increase efficiency and pro-ductivity and protect the environment

n improved method of di-rectly detecting oil and gas accumulations under thou-sands of feet of water and

rock and an innovative and a highly suc-cessful awareness campaign to increase the use of mosquito bed nets in malaria-endemic parts of Africa earned ExxonMo-bil Corporation two Excellence Awards at the WPC.

The awards were presented by HE Abdul-lah bin Hamad Al-Attiyah, Deputy Prime Minister and Chairman of the Administra-tive Control and Transparency Authority, and accepted by Rex W. Tillerson, Chair-man and Chief Executive Officer of Exxon-Mobil Corporation.The first award was pre-sented for the Remote Reservoir Resistivity Mapping (R3M) technology developed by ExxonMobil Upstream Research Company. Unlike seismic detection technology that uses sound waves, R3M technology utilizes controlled-source electromagnetic energy to detect differences in the resistivity of various layers below the seabed. This al-lows R3M to use smaller electromagnetic sources while maintaining optimum per-

formance. Detailed safety studies have been conducted and no effects on marine life have been observed. The award in Social Responsibility was presented for the Night-Watch programme, which was developed by Malaria No More in collaboration with Exx-onMobil and the Lalela Project. Through the programme, Africa’s most popular ce-lebrity voices remind communities about bed net use, broadcasting on TV, radio and via text message at 9pm when mosquitoes

take flight. “ExxonMobil invests more than $1 bil-

lion a year on research and development to help find more energy resources and to find the most beneficial use of that energy to support economic growth and the envi-ronment,” said Sara Ortwein, President of ExxonMobil Upstream Research Company. “R3M is an example where our investment in people and technology that will continue to provide benefits for many decades.”

exxonmoBil receives excellence awards

A

he AbdullAh bin hAmAd Al-ATTiyAh deputy prime minister and chairman of the admin-istrative control and transparancy authority presenting reX w. Tillson, chairman and ceo of exxonmobil corporation

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atar is a relatively new market-place for Senergy,” said CEO, James McCallum. “Principally because the energy market here is dominated by very

large oil and gas companies working with Qatari joint-venture partners. We are how-ever starting to do some very detailed and technical work with the likes of QP (Qatar Petroleum) in terms of their ambitions re-lated to petroleum engineering, reservoir engineering and GSI.

“Collaboration between industry and ac-ademia is a space which I am very commit-ted to. We just spent a lot of time in a forum talking about the development of young Qataris, in terms of the Qatarisation of the industry and this is a space we are getting involved in here.”

Middle East RegionMcCallum saw the Middle East as a core area of business and has developed a very strong client base around the gulf region, in countries such as Oman, Iraq, Kurdistan and Tajikistan. When Senergy arrived in the Middle East three years ago, international business provided for 5% of their revenue. Now it’s 35%.

“Our commitment to the region is very strong,” continues McCallum. “I see this gradually being our single biggest revenue area and as an intellectual hub for our am-bitions around the world.”

The firm focuses on adding value and minimizing risk for clients through the application of commercial and technical innovation. Through a network of global of-fices in the UK, Norway, the Middle East, Australia, South East Asia and the US, Sen-ergy offers expertise in geosciences, reser-voir engineering, geo-hazard assessment, marine site surveys, rig positioning, wells

engineering and project management. It has the flexibility to meet every need from reservoir evaluation through to full field development and drilling.

“We focus with our clients on capex op-

timisation around the sub-surface envi-ronments – geosciences, geology and geo-physics – and the drilling environment,” he continues. “We’ve majored on being excel-lent in the arena of optimising capex – in other words making projects cheaper – and we do that by either managing the process or optimising the reservoir productivity.

“We’re the leading petro-physical analysis software provider in the market place now. We’ve developed risk manage-ment systems which enable personnel to think and behave like the very best project managers, technical engineers and geoscientists out there."

Collaboration McCallum maintains that collaboration be-tween the majors, the NOCs and the service sector will really drive the industry forward which will promote better opportunities to deliver technical excellence in the future and that is what his company thrives on.

“I’m very bullish about the future,” he proclaims. “We’ve come to the end of phase one. We have access to around 700 technical specialists around the world – 500 of whom are staff – we’ve grown by 45% year-on-year in terms on compound annual growth rate. We have got to the point where we’re as big as we can be as entirely privately held company, so we’re about to start phase two where we will bring on board an aligned fi-nancial partner or partners who will give us greater horse power to continue to develop. We will almost certainly double or triple our size during the next five years and will undoubtedly be looking at where we ac-cess capital to continue that growth story, which will probably mean a floatation down the line.”

(Interviewed by Rory Coen)

senergy see collaBoration as key component senergy is a diversified knowledge services company which provides intellectual assets to oil and gas companies. founded in scotland in 2005, and gaining its core intellectual property from the oil and gas industry in the north sea, its gloBalisation strategy Brought them to this region aBout three years ago and has since crept into the Qatari market.

Q

JAmes mccAllumceo, senergy

t a g t h i so & g o v e r v i e w

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j a n u a r y 2 0 1 2 Qatar today 31

ccording to our new quarterly Rapid Growth Markets Fore-cast (RGMF), Qatar is one of the world’s 25 rapid growth markets. The markets were

selected based on the size of the economy and population, strategic importance for business and proven strong growth and fu-ture potential. Qatar had the highest nomi-nal GDP ($) per capita at PPP in 2010 among the 25 RGMs and has also been the fastest growing economy over the last decade, with an average growth of 13%.”

Oil & Gas sectorGiven that the MENA region has some of the largest oil and gas reserves in the world, Qatar’s oil and gas sector has grown sig-nificantly. “Our global Oil & Gas practice consists of a network of more than 9,200 professionals with extensive experience working in the oil and gas industry,” he ex-plains. “Our experienced and dedicated global oil & gas center resources serve our oil and gas clients a number of ways. Anticipat-ing market trends and identifying impli-cations and the services that companies in the oil and gas industry need is one of the most important services we offer. As a global organisation with a borderless ap-proach, we have unrestricted access to our global resources, enabling us to allocate the right people in the right places at the right time to serve our clients. We have also has been developing and delivering oil and gas specific training to our staff to provide the continuous knowledge necessary to deliver high-quality services to clients.”

Qatar has the third largest reserves of natural gas in the world and its per capita GDP is the highest in the world. What is Qatar’s role in the global story?

“The country is pursuing a number of world-scale gas-to-liquid conversion proj-ects for the production of synthetic fuels and base oil stocks,” says Qoussous. “The projects are all integrated with offshore development to supply the large amounts of gas needed for these projects. We expect Qatar to not only be the world’s largest gas producer but also a leader in downstream technology in the future. Its presence in the global energy scene will continue to grow at a rapid pace.”

Challenges facing Qatar “Globally, market volatility, pricing pres-sure and variations in market have been the biggest challenges in the oil and gas sector. As Qatar is a supplier of oil and gas, Qatar faces different challenges such as human capital deficits. There is a shortage of per-sonnel with the necessary industry skills and globally there has increased competi-tion for talent. Given the large budgets that the Government supplies to projects, Qatar is able to attract and retain international talent. However, one of the challenges fac-ing Qatar as outlined in the National Vision is managing the size and the quality of the expatriate labor force. Developing a pipe-line of local talent needs to be addressed for the future to overcome this challenge.” “Being the world’s largest exporter of liq-uefied natural gas (LNG), Qatar expects to reach approx,” he explains. “QR560 billion ($157 billion) total income target when all planned LNG production lines are com-pleted. It will continue to play an influential role in the global energy sector, keeping gas prices stable.”

Prospects of GTL in the futureGas to liquids (GTL) production is continu-ing to grow in stature and in investments.

“After Qatar Airways conducted the world’s first commercial passenger flight using a mixture of kerosene and synthetic GTL fuel,” says Qoussous, “the viability of the new fuel has been attracting buyers. It provides oil companies with strategic alternatives to monetise natural gas resources, reduces flaring, provides a solution to environmen-tal pollution, diversifies their market risks, transfers skills and creates employment op-portunities. Qatar is already considered the GTL capital of the world and the market al-ready exists for GTL fuel. Companies in Qa-tar are implementing projects based on 50 years of experience and are already produc-ing the highest quality of GTL fuel. There is a increasingly large demand for GTL that will enable the development of petrochemi-cal complexes in the future.”

(Interviewed by Rory Coen)

e&y predict rapid growth in Qatarfiras Qoussous, managing partner in ernst & young Qatar was the sector leader of Banking & capital markets in mena. he discusses their presence in Qatar and the future of the oil and gas sector.

A

firAs Qoussous managing partner, ernst & young qatar

t a g t h i so & g o v e r v i e w

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realt y check

Qatar today d e c e m b e r 2 0 1 132

E Dr Mohammed bin Saleh Al-Sada, Minister of Energy , Industry and Chairman and Managing Director of Qatar Petroleum, and Hitmi Ali

Khalifa Al-Hitmi, Chairman of Barwa Real Estate Company, signed a sales completion agreement for the Barwa Financial District. The ceremony was held on December 21, at the Sheraton Doha Hotel in the presence of senior officials from both companies as well as media representatives.

Upon completion of the project, Qatar Petroleum is expected to relocate its head-quarters and various business entities to the Barwa Financial District.

HE Dr Al-Sada expressed his delight at the completion of the sales agreement for the Barwa Financial District, a project which reflects Qatari tradition, progress, and future aspirations, providing superior services for all.

Al-Hitmi said: “We are proud to partner with Qatar Petroleum on the Barwa Finan-cial District project. We are keen on work-ing hard to provide the best real estate ser-

vices possible and thereby fulfil the future aspirations of Qatar Petroleum."

Barwa is expected to complete the proj-ect under existing construction and proj-ect management arrangements. The initial value of the project is estimated at approxi-mately QR11 billion. Once finalised, QP is expected to commence occupation of the development by 2015.

In March 2011, Barwa Real Estate Com-pany sealed a sales framework agreement with QP. Accordingly, Barwa Financial District Company, a subsidiary of Barwa Real Estate Company, was mandated to develop the Barwa Financial District, a unique project from both a design and ar-chitectural perspective. Covering an area of 696,000 square metres, the Barwa Fi-nancial District is expected to house the headquarters of QP, which will own and operate the development.

The Barwa Financial District has won local, regional and international awards, including best design for an office project in Qatar, best design for an office project in the Arab region, and best project design

for international administration offices in the region through Kohler - Germany. The project has also won the Diamond Award for exceptional compliance with manage-ment quality from Geneva and it has al-ready achieved 12 million man hours with no lost-time injury.

Inspired by elements of local Qatari culture and heritage, the Barwa Finan-cial District is expected to meet the needs of local and international businesses in Doha, through its Grade A office space, solid infrastructure, state-of-the-art technology, and parking facilities for over 5,000 vehicles.

The Barwa Financial District consists of 10 towers, which have an average of 21 to 36 floors and occupy a prominent position in Doha’s West Bay area. Its crowning glory is its 50-storey high-rise tower, which is well on its way to becoming one of Doha’s landmarks as well as an icon of the city’s skyline. The Barwa Financial District is also expected to be among the first to be certified as a sustainably designed devel-opment project in the Middle East.

40spreading their wings

h

Qp to relocate to Barwa financial district

msheireb celebrATes nATionAl dAy

msheireb properties organised celebra-

tory activities to mark qatar national

day for its employees and the construc-

tion workers involved in the develop-

ment of its flagship project msheireb

downtown doha. msheireb properties

is creating a spirit of togetherness in

qatar by inviting the local community to

take part in two social media competi-

tions themed on qatari heritage.

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Qatar today j a n u a r y 2 0 1 234

Bank notes

private sector credit in Qatar

he recovery in private sec-tor credit has been stronger in Qatar than in all the other GCC countries. For exam-ple, in the year to October

2011, private sector credit expanded by 9.8% in Saudi Arabia and by 2.4% in Kuwait. While in the year to September 2011, it grew by 9.2% in Bahrain and by 8.9% in Oman. Credit growth in the UAE was just 1.3% in the year to June 2011.

The real estate is the most important component of credit to the private sector. Its share has risen to 22% of total domestic credit from 14% in October 2010. The next largest sector is consumption, or retail lend-ing, which grew at 12.7% in the year to Octo-ber 2011, but its share of total credit fell from 19% to 17% over this period. The services and industry sectors have also expanded at rates of 6.2% and 2.8% respectively in the year to October 2011.

eutsche Bank announced the appointment of Salah Jai-dah as Chairman of Islamic Finance and Ibrahim Qasim as Head of Islamic Finance

Structuring. Ashok Aram, CEO of Deutsche Bank for

the Middle East & North Africa said: “Deut-sche Bank is committed to the development of the Islamic Finance industry and will continue expanding its Shari’a compliant product offerings and solutions. Salah’s ap-pointment will be instrumental in solidify-ing Deutsche Bank’s position as a leader in Islamic Finance.”

Jaidah is a Board member of a number of Islamic Finance Institutions in the Middle East and South East Asia and will continue to lead Deutsche Bank¥s operations in Qa-

tar as Chief Country Officer and Vice Chair-man for the MENA region.

Ashok Aram added: “Ibrahim has con-tributed significantly to the formation and development of Deutsche Bank’s MENA structuring and Islamic Finance platform over the last five years and brings a wealth of hands-on execution experience across a wide array of Shari’a compliant products and asset classes. Ibrahim will elevate our focus and drive the commitment to innovate and execute key products, solutions and initia-tives in the Islamic Finance space.”

Ibrahim has over nine years of industry ex-perience in structuring and executing trans-actions in the global capital markets ranging from Sukuk and structured financing solu-tions to Shari’a compliant investment, risk and liability management products.

Qnb cApiTAl: privATe secTor borrowing picks up

the annual growth rate of bank

credit to the private sector in

qatar has picked up strongly in 2011.

it has climbed steadily from 4.3% in

january to reach a peak of 18.8% in

august, since it has levelled off.

total bank credit to the private

sector reached qr221bn at the end

of october 2011, representing 61% of

total domestic credit. qnb capital

notes that the growth rate remains

broadly in line with the average

rate of 15% in 2009-10.

credit growth provides an indica-

tion of activity in the economy. the

private sector is regarded as key

to meeting the employment targets

and economic diversification goals

envisaged in qatar’s national vision

2030 and the national development

strategy 2011-16.

the essence of Jet setting 48

d

t

sc appoints v. shankar to Board (img)

the Board of Directors of Standard Chartered PLC (SC) announced that V. Shankar was appointed Group Executive Director of the Company

with effect from January 1, 2012.Shankar (53), a Singaporean, will con-

tinue to be based in Dubai, where he moved in May 2010 to become CEO, Eu-rope, Middle East, Africa and Americas.

He joined Standard Chartered in 2001 and was appointed to the Group Manage-ment Committee in September 2007. He is also a Director of Standard Chartered Bank and Chairman of Principal Finance and the Standard Chartered Private Bank. Prior to his current position, he was Group Head of Origination and Client Coverage and served as Group Head of Corporate Finance. Before joining Standard Char-tered, Shankar worked for Bank of Ameri-ca in Asia and the USA for 19 years.

Sir John Peace, Chairman of Standard

Chartered PLC, said: “Shankar will be an excellent addition to the Board. He is one of our most experienced bankers who will carry great respect in this role. He remains the most senior international banking executive ever to be based in the Middle East, which is a strong statement of our commitment to the region and ensures that our senior leaders are positioned across our key markets.”

deutsche Bank announces appointments

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Qatar today j a n u a r y 2 0 1 236

B a n k n o t e s

What does a good retirement plan look like?

choosing a suitaBle retirement plan is one of the most important decisions we make.

By JAved hAssAn AkhTArsenior sales manager

wealth management, hsbc

EvEryonE wants security and to be able to enjoy their hard-earned wealth in retirement.

Until fairly recently, retirement provision came in the form of a company-sponsored pension plan, one in which the employer would pay the employee a proportion of his or her salary multi-plied by the number of years worked. This arrangement worked both ways – companies offered some guarantee of the size of a worker’s pension with the provison that he or she remained with the company. In essence, this meant that the sponsoring company bore any investment risk. If the pension pot was too small at re-tirement to meet pension obligations, the company had to make up any shortfall – in theory, at least.

Today, few if any employers offer these ‘defined benefit’ pen-sions. Instead, the majority of schemes fall into the ‘defined con-tribution’ category. This is where the worker is entitled only to the pension assets that have been accrued; there is no pledge with regard to the magnitude of the pension come retirement. As such, employers no longer take on investment risk, a burden that falls entirely on the employee.

Of course, not everyone has a company-sponsored pension. Either way, we all need to save for our old age and so individuals have had to become better educated about the world of invest-ments especially in the light of the high levels of market volatility seen in financial markets of late. So, what kind of assets should a good retirement plan hold?

The answer, alas, is not straightforward as the ‘ideal’ pension

plan must take into account a number of factors: the maturity of the pension (i.e. how close the worker is to his or her retirement date); the risk profile of the individual; and the prevailing state of markets, as well as the outlook for financial assets.

With respect to maturity, pensions have traditionally been skewed, in their early stages, towards higher-return (but also higher-risk) assets, such as equities. Despite recent volatility, equities remain a good medium- to-long-term investment. As a pension plan matures, however, and pension obligations become crystallised, pension schemes tend to favour steadier, less risky investments, such as bonds.

For the individual saver who is not part of an employer-spon-sored scheme, the attitude to risk is also a key factor. Some in-vestors are more risk averse, in which case the savings portfolio should have a stronger bias to lower-risk assets, which provide greater stability and predictability of returns. Given the high lev-els of inflation we have seen of late, inflation-linked bonds would offer insurance against rising prices. Cost is also a consideration, as high fees eat into the value of the pension pot over time. Index-tracker funds represent low-cost investment vehicles that are tai-lored for different risk levels.

Crucially, any good retirement plan must have a degree of di-versification. In today’s volatile markets, having a broad base of assets is essential. In this light, a pension portfolio that is spread across equities (both developed and emerging market), bonds, property and cash, offers the potential for returns while helping to minimise the risk against severe markets falls in one or more of these asset classes

[email protected]

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B a n k n o t e s

Qatar today j a n u a r y 2 0 1 238

B a n k n o t e s

ThroughouT 2011, investors watched as all Euro-pean asset classes fell sharply and individual economies in Eu-rope suffered from the continuing fall in confidence associated with the debt crisis. Investor appetite has dwindled as fears of a complete break-up of the zone and its currency refuse to go away.

Analysts are equally pessimistic. Baring Asset Management’s most recent survey shows that concern over the euro zone debt crisis has significantly increased since the last quarterly survey with over half (58%) of investment professionals nega-tive towards European equities, compared with up 32% in the last survey.

Fears of a ‘double dip’ recession have also increased since the last survey, with 28% citing this as one of the biggest global chal-lenges for the next six months, compared with nearly half this number in the previous quarter (15%). As well as this, the pros-pect of a second banking crisis is now cited by nearly two thirds (61%) of investment professionals as a prominent challenge

facing investors, compared with 41% questioned in the summer.J.P. Morgan Asset Management issued a similar warning as to

what markets and investors may expect from Europe in 2012. Its analysts are convinced that the euro zone debt crisis will con-tinue throughout the coming year, adding that even were a solu-tion to be found soon, so much economic damage has been done already it means all the countries in Europe will suffer lower growth because of it.

But as we all know by now, Europe’s woes won’t remain within its boundaries. However hard other countries try to distance themselves, the reality of a global market place is that contagion can and does cross borders and continents. Take just two markets, the UK and China, to illustrate the point. In the UK, Chancellor George Osborne admitted that his latest plans for the country’s economic recovery could be blown out of the water if an effective solution to the euro zone sovereign debt crisis is not agreed and put in place. A solution, some say, has been severely hampered by Britain’s veto of changes to the Lisbon treaty required to usher through tough economic measures on the euro zone.

euro zone crisis to

dominate investor

mood

what the markets hate more than anything is uncertainty and europe’s memBer states have delivered nothing But uncertainty to the markets in 2011. there have Been many twists and turns in the euro crisis, with the most recent summit in Brussels perhaps the strongest sign yet of an attempt to forge closer economic ties needed to save the euro zone from further crisis. however, some think that even if tough measures are adopted, it will Be some time Before confidence returns to the european markets.

Page 39: Qatar Today January 2012

B a n k n o t e s

[email protected]

By dAvid russellSenior executive officer, Guardian Wealth ManaGeMent

david russell joined guardian wealth management in geneva, helping from inception to establish an office which is now regarded as one of the leading providers of independent financial advice

to the employees of many international organisations.with the expansion of the company into the middle east, david was elected to take over the reins

as the senior executive officer for qatar. he brings a wealth of experience to the qatar office as well as a sound legal background which stands him in very good stead in ensuring the team

bring the best in financial advice to the many expatriate clients.

Nor are emerging markets immune. Europe’s debt crisis is also threatening to take the steam out of China’s roaring export indus-try. Already growth forecasts have been pared down as Chinese manufacturers and exporters feel the pinch of market shrinkage all over Europe. Whereas summits continue to be called by EU mandarins to devise rescue strategies, nothing like the required level of confidence has been restored within the global financial sector. The ratings agency, S&P, has issued a warning that it’s looking to downgrade the credit ratings of large euro zone banks alongside its already threatened mass downgrade of 17 euro zone countries. The most pressing task facing Europe’s banks is the disposal of a pool of toxic assets amounting to a larger sum than the entire British economy. Deloitte’s puts the combined total at Euro 1.5 trillion (approximately QR7.1 trillion). It is only when this sum has been dealt with that the banks may begin to return to profitability and be fully compliant with the recently

updated capital rules. Many feel that the euro at some point will begin to reflect more

sharply the deteriorating fundamentals of the euro zone. The main beneficiary of all of this uncertainty appears to be the Unit-ed States, where we have seen US stocks beginning to outperform relative to Europe. The US dollar has also risen, confirming the fact it is regaining its safe haven status.

Whether euro land and its 10-year-old currency can possibly survive is a matter of divided opinion – for that is all we have right now. And for want of clear direction, market watchers must be content with picking over these views when exercising their own judgement as to the likely outcome. However, when you hear the Governor of the Bank of England urging the UK’s banking sector to lay down a contingency plan for the dismantling of the euro and the re-introduction of yesterday’s money – the mark, the franc, the drachma – perhaps that’s telling us all something

Page 40: Qatar Today January 2012

araB snippets

N Secretary-General Ban Ki-moon said he was 'deep-ly concerned' by the Israeli government’s approval of new settlements in the

occupied West Bank, near Bethlehem.“The secretary-general is deeply con-

cerned about today’s reports of the gov-ernment of Israel’s decision to approve the construction of 40 houses and a farm

near the settlement of Efrat in the occu-pied territory near the Palestinian town of Bethlehem,” Ban’s office said in a state-ment.

“The secretary-general calls again on the government of Israel to freeze all settlement activity,” the statement said. “Such activity is contrary to internation-al law and the Roadmap, and prejudices final-status negotiations.”

Ban said that with the Middle East diplomatic Quartet actively trying to find a formula to get both sides back to the negotiating, table it was impor-tant that "the parties must refrain from provocative actions and help create a positive environment for negotiations.”

The Quartet is comprised of the United Nations, the United States, the European Union, and Russia.

Quick, effective, productive 70

h i g h l i g h t

The syriAn debAcleqatar, doha : arab league secretary general nabil al-arabi (l), his deputy ahmed bin hilly

(r) and qatari prime minister and foreign minister sheikh hamad bin jassem al-thani (c) at-

tend an arab league ministerial committee meeting to discuss the syrian unrest in doha

on december 17, 2011. the arab league threatened to take syria to the un for procrastinat-

ing over its deadly crackdown on dissent, as an iraqi mediator reported "positive” talks

aimed at defusing the crisis. afp photo/str

puBlic transport overhaul

Ban ki-moon concerned By new settlements

l

u

sau d i a r a B i a

pa l es t i n e

osing a massive SR81 bil-lion (approximately QR80 billion) annually because of the growing number of road accidents, the Kingdom

has now announced an ambitious plan to overhaul the transport system in six major Saudi cities.

“The plan in the first phase aims to set up a comprehensive public transport system

in these cities that is more reliable and ef-ficient,” said Jabara Al-Seraisry, Minister of Transport.

Al-Seraisry, who also disclosed a plan to establish separate transport regulatory authorities in the cities, said an inter-min-isterial panel would work out the strategy to fund the new transport projects in these huge cities including Riyadh, Jeddah and Dammam.

posiTive ouTlook for Job mArkeT

a report issued by antal interna-

tional says the strength of ggc job

market amid widening fears of a

second global recession.

according to the survey, qatar

topped the gcc states and ranked

third in the world with 77% of com-

panies currently hiring, followed

by saudi arabia which ranked sixth

globally with 73% of companies

hiring.

the data in the report also showed

that 62% of the companies working

in gcc were hiring in november, up

from 46% in march, which places the

gcc well above the global average

rate of 56%.

moreover, antal found that job

cuts also fell this quarter to 13%

for gcc and 11% for uae, giving them

a lower firing rate than the global

average of 16%.

another study by another agency,

gulf recruitment group, reiterated

the trend, though it speaks specifi-

cally about the uae. the group said

although 93% of companies would

recruit more next year, during the

first quarter, they would hire more

cautiously.

Qatar today j a n u a r y 2 0 1 240

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w o r l d v i e w

euro dilemma continues

france, paris : french president nicolas sarkoZy (l)

welcomes german chancellor angela merkel prior

to a working lunch at the elysee palace in paris on

december 5, 2011 to thrash out details of a plan to save

the euro at the start of a crucial week for the single

currency. the two leaders are to meet for a work-

ing lunch, having vowed to propose european union

treaty changes to create what merkel has dubbed a

“european fiscal union with strict rules” and sarkoZy

calls “true economic government.”

afp photo / lionel bonaventure

united kingdom, london : british prime

minister david cameron leaves 10 downing

street in london, on december 14, 2011, as he

prepares to address the weekly prime min-

ister's questions at the house of commons.

european commission chief jose manuel bar-

roso said that a demand by britain for its

financial services industry to be exempted

from eu regulation threatened to break up

the single market.

afp photo / ben stansall

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j a n u a r y 2 0 1 2 Qatar today 43

w o r l d v i e w

florenTine nighTmAreitaly, florence : (from l) representatives

of different religions, rabbi josef levi,

imam iZZedin elZir and bishop giuseppe be-

tori cha during a ceremony in memory of

two senegalese who were killed the day

before on a market on december 14, 2011

in palaZZo vecchio in florence. florence

was in mourning after an italian far-

right author shot dead two senegalese

men and wounded three others before

killing himself in a shooting spree that

prompted outpourings of grief.

afp photo / niccolo cadirni

bio-bATTery from pAperjapan, tokyo : an employee of sony demonstrates

a new bio battery, generated from the cellilose

of recycle papers, powering a fan (l) at the

eco-products exhibition in tokyo last month. the

electric fan is powered by a bio battery cell

whose energy source is solution of cardboard.

sony exhibited various eco-friendly power

sources, including the bio batteries at the

exhibition. afp photo / yoshikaZu tsuno

JAcko’s loTunited states, beverly hills : a man

walks past a re-created scene

of michael jackson’s bedroom

during a press preview for the

sale of fine art and furnishings

from michael jackson’s 100 north

carolwood drive home in december

at julien’s auctions in beverly hills,

california. personal effects from

jackson’s last home were put on

display today ahead of an auction

of the contents of the los angeles

mansion where he died on june 25,

2009, from an overdose of power-

ful sedatives given to help him sleep

after rehearsals as he prepared

for a series of planned comeback

shows in london.

afp photo / frederic j. brown

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v i e w p o i n t

Qatar today j a n u a r y 2 0 1 244

AircrAfT manufacturers walked away with $63.3 billion (QR230 billion) in new contracts – a significant portion of which came from Gulf airlines – at the Dubai Air Show last No-vember. In recent years, carriers in the region have inundated manufacturers with orders. Abu Dhabi-based Etihad has 10 Boeing 777s, 19 Airbus A320s and 10 Airbus A380s on order. Meanwhile, Dubai-based Emirates placed an $18 billion (QR65.6 billion) order for 50 Boeing 777-300ERs during the Dubai Airshow, the highest-valued commercial contract in the company’s history.

Qatar Airways (QA), like its regional brethren, is expanding its fleet as well. The state’s flagship carrier purchased 88 new generation Airbus A320 narrow body jets at the air show, bring-ing the company’s total fleet upgrade contracts above $40 billion (QR145.7 billion), according to QA’s website.

All of this buying begs the question: Are there enough passen-gers to fill these planes?

Although QA’s acquisitions may raise some eyebrows, a number of factors help to explain the dizzying pace of its purchases. A cen-tral location, a growing tourism sector, an expanding economy and a large population of foreigners all fuel rising demand for air travel. On the simplest of levels, Qatar’s geography favours avia-tion growth. The state is located in the centre of the Eastern hemi-sphere, the crossroads of Asia, Europe and Africa. Europeans are already among the world’s highest international tourism spend-ers, and high growth in Asia is also creating opportunities. The number of outbound Indian nationals, for example, has grown by an average of 11% between 2006-2010, according to the Indian Ministry of Tourism. Meanwhile, Chinese tourists spent $54.9 billion (QR200 billion) in 2010, overtaking the United Kingdom as the world’s third-largest tourism spender, according to the UN World Tourism Organisation (UNWTO). In summary, QA’s hub in Doha positions the company between some of the fastest-growing tourism routes in the world.

Leisure tourism is also a growing market. The sector as a whole

has seen major growth in the past 15 years. Between 1995 and 2010, global international arrivals around the world increased by about 67%, from about 537.8 million to 897.3 million, according to the World Bank. Tourism appears resilient during tougher eco-nomic times, too. In the first six months of 2011 – despite the Arab Spring and the Tohoku Earthquake in Japan – growth continued. International arrivals have been up on average 4.5% this year, according to the UNWTO in September.

In the Middle East and North Africa, factors like the Arab Spring have caused numbers to drop by 9% and 15% respectively. Qatar’s growth, however, has stayed strong. Both international overnight stays and international tourism receipts increased in 2011, the World Travel & Tourism Council’s 2011 Qatar Country Report said. This is all good news for QA: a growing tourism sector translates to more visitors, and more visitors translate to higher demand for flights.

Qatar’s demographic balance should also make QA’s recent purchases useful in the future. The state’s population as a whole is ballooning. The Government estimated that between 2004 and 2010 the population more than doubled, increasing by 128%. Moreover, of the country’s near 1.7 million people, 1.35 million are non-Qataris. For those who are employed in the state, some com-panies offer flights home as part of compensation packages; oth-ers even offer to fly employees’ families to the country. Whether employees or companies pay for tickets, shuttling foreign workers between their home countries and Qatar provides steady demand for the industry, even when grey clouds prevail in the global eco-nomic climate.

Indeed as long as the Qatari economy – the world’s fastest grow-ing by a number of measures – keeps booming, business travellers and foreign workers are set to keep coming. And, as long as the state keeps investing in tourism and culture – which it has been doing for some years now – QA can expect to serve more leisure travellers as well. Taken together, these factors help explain the rationale behind QA’s drive for fleet expansion, as well as that of its regional competitors

spreading their Wingsas europe approaches a financial crossroads and the araB world a political crossroads, Qatar’s investments are enaBling the state to signal to the rest of the world that it can play a larger diplomatic role in Both regions.

by oliver cornockthe author is the regional editor

of oxford business group

[email protected]

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two in three araB students would consider starting a Business if unemployed for a prolonged period

demand for public-sector

jobs outstrips supply

EducATionAl attainment in the MENA region has outpaced job creation, leaving educated young Arabs waiting longer for work - especially government jobs. Young Arab students are more likely to prefer government work (51%) over private-sector work (29%). Encouraging entrepreneurship and providing resources for job creation can help provide more job opportunities. Right now, 24% of students in MENA countries say they have thought about starting their own business, and 7% are planning to start their own business in the next 12 months.

Students look to government for employmentWould you rather have a job working for the government or work-ing for a business?

Traditionally, educated individuals in this region are primarily employed by government organisations. Educational systems throughout MENA prepare students for public-sector employ-ment. High wages, generous benefits and high levels of job se-curity make this a desirable career path for new entrants to the labour force, even though this sector has shrunk in recent years.

0%

15%

30%

45%

60%

Government Business Either Don't  Know/Refused

4%

16%

29%

51%

would you rather have a job working for the government or working for a business?

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In fact, a similar percentage of non-students prefer public employment.

This is, in part, because fewer job opportunities exist outside the government sec-tor throughout the region. With the decreasing capacity of the state to absorb young job seekers, MENA countries must encourage private-sector-led growth. Unfriendly business environments, a lack of capital, administrative hurdles, corrup-tion and weak legal systems may dissuade young people from pursuing the path of entrepreneurship. But perhaps educated young Arabs are more inclined to wait for government jobs ver-sus striking out on their own. For instance, Gallup data indicate that a higher proportion of non-students say they have thought of starting their own business (34%) compared with students (24%). Furthermore, 15% of non-students say they plan to start a business in the next 12 months compared with 7% of students.

Entrepreneurial aspirations for students and non-students

With high rates of joblessness across the region, students faced with prolonged unemployment of six months or longer are will-ing to consider alternatives when it comes to earning a livelihood. Sixty six percent are willing to start their own business if out of work for a prolonged period. About one-half of students say they would be willing to retrain for another career (58%), take a job beneath their academic credentials, skills, or training (51%), or take up home-based work (48%). Similar percentages of students say they would consider leaving the city (48%) or country (47%) where they live. Students’ alternate choices for earning a livingA lack of awareness of job opportunities in the region could also hinder young Arab students’ employment prospects. Twenty-five

percent of the students Gallup studied are aware of support serv-ices available to help people find jobs, and 18% of those who are aware say they have used such services to help find employment.

Employment preference by income levelsCountry income levelsi may affect how students view their em-ployment options once they join the workforce. Students in high-income countries (73%) are more likely than their peers in middle- (49%) and low-income (46%) countries in the region to prefer government employment to private-sector work.

High-income countries more dependent on government for employmentWould you rather have a job working for the government or working for a business?This finding underscores the social contract between the governments of the wealthier MENA countries and their core constituencies. The government is the primary provider of jobs and social services among this group, while governments in middle- and low-income coun-tries do not have similar finan-

cial resources and thus cannot provide the same level of public-sector work opportunities.

Students in high-income countries are less likely to have thought about starting a business (8%) than are their peers in middle- and low-income countries (26% and 24%, respectively). Similarly, students in high-income countries (3%) are less likely than those in middle- (7%) and low-income (12%) countries to say they are planning to start a business in the next 12 months. Students’ likelihood of starting a business by country income levelWhen faced with prolonged unemployment of six months or more, students in high-income MENA countries are most likely to say they would take a job beneath their skill level. This find-

0%40%80%

Start  Own  Business RetrainTake  Job  Beneath  Skill  Level

Do  Home-­‐Based  Work Relocate  City Relocate  Country

47%48%48%51%58%66%

0%13%25%38%50%

Students Non-­‐Students

15%7%

34%24%

0%

40%

80%

High-­‐Income  Countries Middle-­‐Income  Countries Low-­‐Income  Countries

1%5%1%20%16%11%

33%30%16%46%49%

73%

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ing presents these countries with an opportunity to gear their education system toward meeting the needs and requirements of private-sector employment. Students in middle-income coun-tries are most likely to say they would start their own business if facing prolonged unemployment. This indicates the paucity of public-sector jobs in these countries and suggests that citizens in middle-income countries have the personal resources available to consider entrepreneurship as a viable livelihood. Students in low-income countries say they would be about equally willing to perform home-based work, retrain for a different career, or start their own business if they faced prolonged unemployment. Stu-dents in low-income countries are also more likely than their peers in middle- and high-income countries to say they would relocate to another city or country, revealing an elevated risk of brain drain low-income countries cannot afford to take.

Regardless of what job opportunities exist, students in low-income countries are not as likely as their peers in middle- and high-income countries to be aware of services or organisations that help people find jobs. Specifically, 23% of students in high-

income countries say they are aware of such resources, compared with 28% of those in middle-income countries and 13% of stu-dents in low-income countries. This indicates the need to effec-tively disseminate job services information among all student populations, but especially those in low-income countries within the MENA region.

ImplicationsThe data suggest that students in the MENA region are primarily looking to get government jobs after college. With the public sec-tor’s declining capacity to absorb these new entrants to the job market, leaders throughout the region should make significant efforts to overcome barriers to entrepreneurship and company creation. Additionally, colleges and universities should make students more aware of job placement services available to them through their schools. Removing barriers to entrepreneurship and improving communication about support programmes can go a long way in creating employment opportunities for students in the MENA region

visiT www. silatech.comtwitter.com/silatechtweets

by sAngeeTA bAdAl and bryAnT oTT

these findings are based on the recently released fourth installment of gallup’s report, the silatech index: voices of young arabs. this silatech index analysis is conducted by gallup scien-

tists and researchers pursuant to the silatech-gallup partnership. in addition to systematically measuring the perceptions of young people across the region on the challenges related to

employment and entrepreneurship, gallup analysts lead the effort in disseminating the findings of the silatech index to regional and global leaders and institutions engaged in addressing the

challenges surrounding young people and employment in the region.

survey meThodsresults are based on face-to-face interviews with 15,638 young adults, aged 15 to 29, conducted in the spring and fall of 2010.

surveys were conducted in 20 arab league member states and the somaliland region of somalia. these included: algeria, bahrain,

comoros, djibouti, egypt, iraq, jordan, kuwait, lebanon, libya, mauritania, morocco, palestinian territories, qatar, saudi arabia, so-

maliland region, sudan, syria, tunisia, united arab emirates, and yemen. for results based on the total sample of young adults, one

can say with 95% confidence that the maximum margin of sampling error is ±2.1 percentage points. the margin of error reflects the

influence of data weighting. in addition to sampling error, question wording and practical difficulties in conducting surveys can

introduce error or bias into the findings of public opinion polls.

i gallup grouped countries into categories according to the international monetary fund’s (imf) 2010 estimates of gdp per capita (in

u.s. dollars). countries fall into one of three income categories: high income (gdp per capita of at least $23,000), middle income (gdp

per capita ranges from $2,600 to less than $23,000), and low income (gdp per capita of less than $2,600)

0%

25%

50%

High-­‐Income  Countries Middle-­‐Income  Countries Low-­‐Income  Countries

12%7%3%

24%26%8%

The purpose of this analysis is to explore students’ mindsets and the job opportunities available to them in the Middle East and North Africa (MENA) region. As the public sector shrinks, countries in the region need to develop policies that encourage entrepreneurship and company creation. Additionally, it is important to disseminate information about the support programmes available to students in the region. This will ensure that the labour market meets the job expectations of these young entrants.

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Qatar’s planned transition from a carBon-Based economy to a knowledge-Based economy may create the potential for more ip transactions. for ip owners, this raises an interesting Question of “what is my ip worth?”

intellectual property: knoWing its Worth

EArliEr this year, Qatar Foundation launched an Intellectual Property Management project in collaboration with Qatar National Research Fund (QNRF) and Qatar Science and Technology Park (QSTP) to administer potential intellectual property originating from QNRF’s 266 research projects which have received funding of over $230 million (QR840 million). With this in mind and HH the Emir’s declaration of the cessation of all monopolies and creation of a freer market economy, IP is likely to become more widely recognised, regulated and commercialised as it already is in other parts of the world.

So what is IP?IP refers to a number of different things, it can be creative (which includes trademarks, software and copyrights) or innovative (which includes patents, designs and trade-related secrets).

Common examples of IP include patented designs for indus-

trial products or household electrical goods, trademarks for es-tablished brand names or logos, published books or media con-tent, medical drugs or laboratorial research work and books or recipes.

Why do I need to know its worth?There are two main reasons why IP owners would want to know their IP’s worth; informational and transactional.

in recent years, qatar has taken some steps to protect ip

rights through the introduction of trademark and copy-

right laws in 2002 and a patent law in 2006. internationally,

qatar is a member of the gct (gulf cooperation treaty),

which provides gcc-wide patent protection. qatar is also

a member of certain worldwide ip councils including wipo

(world intellectual property organiZation) and trips

(trade related aspects of intellectual property rights).

qatar is clearly in tune with the rest of the world in terms

of the increasing interest in ip and the need to develop and

protect its own ip rights.

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For informational purposes, owners of IP may need to know its value for the same reasons as knowing the value of tangible assets held in their businesses; to monitor the performance of all of their assets and ensure that the values of those assets are maintained.

For transactional purposes, engaging in commercial transac-tions relating to IP through a sale, joint venture or licensing re-quires careful pricing consideration as the value of IP tends to be more subjective than other assets.

The concept of valueThe valuation of IP essentially involves bringing together the legal concept of property and the economic concept of value. Generally speaking, there are three valuation bases; owner value, market value and fair value. Owner value is derived from the eco-nomic effect of depriving an owner of the use of their IP, market value generally reflects comparable pricing for similar IP and fair value can reflect the value of IP with a specific buyer or seller and an intention to transfer the IP in a manner which is fair and equi-table to parties involved in a transaction.

What influences value?There are several factors that need to be carefully considered when valuing IP to avoid the risk of engaging in an over or under-valued transaction.

There are three approaches that are generally used ap-plied by professionals to value IP; the cost, market and income approaches.

• Cost approach: value is estimated by reference to the cost incurred in developing the IP. This is generally more suited to highly specialized IP with unknown prospects and no established market.

• Market approach: value is estimated by reference to com-parable market transactions involving similar IP. However, information relating to comparable IP transactions is gen-erally very limited and so the use of this approach is fairly restricted.

• Income approach: this is the most commonly used meth-od. Value is estimated by estimating the future economic benefits associated with the IP. These benefits could be in the form of premium pricing, excess earnings or royalty income.

Most of the factors that influence the value of IP are largely considered within the income approach. We discuss some of the key factors:

Income and profit projections relating to the IP are primary issues to consider as income-based valuation models ul-timately estimate the value of IP by reference to these. In-come and profit projections should be based on well-found-ed assumptions and thoroughly researched data relating to factors such as pricing, volumes, sensitivities and resulting margins. As projected income and profit represents future value, the cash flows derived from these income and profit projections are discounted using an appropriate discount rate to estimate the present value of IP.

Available market share is a key factor as the size of the mar-ket and magnitude of penetration into the market both di-rectly influence the value of IP. For instance, in smaller mar-kets or markets where there are a larger number of players, IP values tend to be depressed due to growth restrictions and dilution.

Legal form and protection available define the contractual and legally enforceable rights attached to the IP. These not only help determine the life of the IP, but also highlight the exclusivity available to the owner.

Barriers to entry such as investment, legal and technological requirements, if high, can prevent other similar IP from en-tering the market. In such cases a premium in value may be required to account for this inherent benefit in owning the IP. Equally, low barriers to entry into the market would sug-gest that a discount may need to be applied to the IP’s value.

Useful economic life represents the period over which the IP is expected to produce economic benefits to its owner. Use-ful economic lives of IP are a function of nature, legal life, usage life and market life. There is usually an element of conjecture involved in estimating this.

Economic conditions can either directly or indirectly im-pact businesses and as a result, the value of any IP held in businesses. It is therefore important to adequately factor economic downturns / upturns into the assumptions which are applied to value IP.

The factors above are not an exhaustive list of what needs to be considered when valuing IP for any purpose. Valuations in gen-eral involve certain complexities as by its very nature, it is more of an art than a science. Valuation specialists spend several years training and gaining experience before becoming subject matter experts but even then, no two experts are likely to arrive at the exact same conclusion for a valuation!

milhAn bAig cAhead of valuation services

deloitte - qatar

milhan leads the valuations practice in deloitte qatar. he also leads the intangible asset and intellectual prop-erty valuations across the middle east he has over 10 years of professional services and valuations experience. he

has provided valuation advice to private and listed companies across different industry sectors for commercial, transactional, financial reporting and legal purposes. . his recent experience of valuing intangible assets includes

distribution licences, software, brand names, gsm licence, franchise network, customer relationships and preferential contracts.

emAil [email protected]

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n 2009, Qatar Airways launched Qatar Ex-ecutive to meet the needs of a premium market segment looking for a more flexible, discreet and personalised means of travel. In the short time since its launch, Qatar Executive has doubled its wholly owned

all-Bombardier fleet, and today operates six corporate jets with an average age of just one year – the youngest fleet of business aircraft in the Gulf.

Qatar Airways CEO Akbar Al Baker in an interview to Qatar Today stresses that “there is a strong need for corporations to conduct face to face business meetings in the shortest possible time, so rapid travel options are a key enabler of effective time management.”

Onboard the three Challenger 605s, two Global 5000s and an ultra-long haul Global Express XRS – one of the most luxurious business jets available in the sky - passen-gers can fully immerse into the ultimate Qatar Executive experience.

Speaking about the fleet, he says, “The Bombardier business jets we have chosen help us deliver on our promise; to ensure a safe, reliable and more efficient way for

corporate or private travel anywhere in the world: To fly in a class of your own!”

What has been the growth of Qatar Ex-ecutive in the last couple of years?In the two years since our inception, Qatar Executive has rapidly become a lucrative business that has evolved into a world-class aviation company backed by the global ex-pertise and track record of award-winning Qatar Airways.

We have been very successful offering our own dedicated fleet without limitations to a growing roster of brokers and private clients.

Another benefit fuelling our success is the support from Qatar Airways with its op-erational expertise and global network.

Of all the Gulf-based scheduled airlines, Qatar Airways is the only one with a dedi-cated business jet subsidiary.

thE EssEncE of JEt-sEttinG

Qatar executive, the corporate Jet suBsidiary of Qatar airways, one of the few carriers in the region to have an exclusive Business Jet operation; an advantage it intends to fully exploit.

iB y V a n i S a r a S w a t h i

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While Qatar Executive’s core business is aircraft charter, a full suite of services is also available, ranging from aircraft manage-ment, business jet maintenance, and FBO services (Fixed-Based Operation, i.e. Cor-porate Jet Terminal), such as fuel arrange-ments, aircraft cleaning and hangarage.

How would you describe your clientele? Are they primarily from the private sec-tor or from government sectors?Qatar Executive serves a diverse range of customers. We cater to Executives and Board Members of larger corporations who have to reach remote and sometimes mul-tiple destinations in the shortest amount of time, to private high-net worth individuals who invite their family and friends to spend an unforgettable break in luxury resorts in places such as the Maldives or Mauritius.

Our modern business jets with satellite telephone and internet are also popular among government delegations and politi-cians as we offer VIP safety and security, as well as absolute discretion.

Chartered services for larger aircraft are also available, commonly used for groups such as sporting teams who need to travel for multiple competitions.

All charter arrangements can be made through premium travel brokers or through Qatar Executive directly.

Is the demand from Qatar alone, or extends to the region as well?Qatar Executive is committed to the Qatari and Middle Eastern leisure and business travel community.

Doha, as our hub, is perfectly geographi-cally located and a good base for long range aircraft like our Global jets, as we can reach most destinations across the world non-stop from Qatar. Our aircraft have a capabil-ity of flying up to 12 hours non-stop across continents including Europe, Africa, Asia and even Australia.

For Qatar Airways’ First and Business Class passengers there is a natural synergy to transfer customers onto our business jet aircraft to their final destinations, which in many cases are not served by scheduled air-lines. This is a market we are increasingly pursuing.

What are the most common reasons why corporate/individuals charter your jet?Business aviation is the best tool to ‘buy’ time.

Qatar Executive enables the corporate traveller to book an aircraft in as little as four hours before departure and check-in

only 10 minutes prior to take-off. As an example, you can have a meeting

in Dubai in the morning, have a business lunch in Kuwait and be back for dinner with the family in Qatar in the evening.

The time-saving aspect is paired with su-perior levels of comfort, privacy and safety – no other means of travel is so exclusively tailored to customer’s individual needs, timing and requirements as the experience of flying in a corporate jet.

In these times of recession, cutbacks and austerity measures, where compa-nies are looking into travel expenses of their senior management/executives, what would be the lure of private jets?As mentioned earlier, the time-saving factor which translates directly into higher productivity of senior executives

usually the driver behind a company’s deci-sion to charter a business jet.

No travel time is wasted at busy airports and business delegations can make optimal use of their flying time through either arriv-ing well-rested at their final destination or through working throughout their journey as all our corporate jets are equipped with the latest high-speed connectivity capabili-ties making them a true 'office in the sky'.

Business aviation is often associated with luxury or even decadence, but there are tan-gible benefits for companies, especially dur-ing periods of recession, which increase the demand for business jets.

High powered meetings addressing con-fidential mergers and executive briefings, for example, create time pressures, making the business jet a useful tool for corporate executives who have to drive vitally impor-

tant decisions in the best interests of their companies.

What are the expansion plans are in place for Qatar Executive? Could you talk a bit about how this business will be developed over the next decade?Forging ahead to meet the growing demand for business jet services in the Middle East and globally, Qatar Executive is in the midst of a major strategic expansion in order to widen its reach into Europe, the US and other emerging markets such as Russia, Africa, China, South East Asia and India, to become a truly global player.

It is a bit early to outline these plans in detail, but we have exciting projects in the pipeline to capitalise on the growing econo-mies around the world.

To further maximise our growth poten-tial, Qatar Executive will continue to sig-nificantly invest in infrastructure, such as our dedicated 6,400 square metre hangar at Doha International Airport.

The facility for maintenance operations serves Qatar Executive as well as other pri-vate jet operators, and has been recognised by Bombardier as an Approved Service Fa-cility. Qatar Executive Maintenance Op-eration can also serve other Bombardier aircraft coming to Doha.

At the same time, work is underway to create Qatar Executive’s new Fixed Based Operation at the New Doha International Airport, which is set to open in 2012.

In which region do you see most growth, outside of Qatar?Private jets are growing in demand, par-ticularly in Asia, Russia and West Africa, where there is an increase in the number of high net-worth individuals, or where natural resources in remote areas increas-ingly require corporate travel.

Many global companies face difficulties reaching production sites in remote areas using scheduled airlines, therefore require tailor-made travel options, which inevita-bly means executives getting to their final destination quicker and hassle-free.

What are the measures taken to mini-mise the carbon footprint of Qatar Executive?Similar to our parent company Qatar Air-ways, we take corporate social responsi-bility very seriously. All our aircraft are brand new and equipped with the latest technology, making them as fuel-efficient and minimising the amount of carbon pollution

“Business aviation is often associated with luxury or even

decadence, But there are tangiBle Benefits for companies, especially

during periods of recession, which increase the demand for

Business Jets.”

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Qatar's role on the world stage:diplomatic gameplay

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C o v e r s t o r y

pg: 54

holding centre stage

by sAlmAn shAikh director of the brookings doha center and fellow at the saban

center of middle east policy at the brookings institution,

washington d.c.

pg: 56

Qatar’s source of araB springs

by khAled hroub is the director of the media

programme at the gulf research centre -university of

cambridge.

pg: 58

Qatar’s prominent gloBal position widens circle of

stakeholders

by ghAnem nuseibehfounder, partner and director

of cornerstone global associates, london

pg: 60

Qatar’s role in liBya and Beyond

by sTrATfor, a leading publisher of

geopolitical news and analysis.

pg: 62

Qatar takes the opportunity

by zAchAry fillinghAm , managing editor of

geopoliticalmonitor.com and a geopolitical analyst

Qatar made the seemingly impossible possible when the country bagged the 2022 FiFa world cup. it was the attitude

that anything is possible iF you have the will and the money, that was the heart oF

this achievement, cnn had reported.

that was in 2010.2011 has been eQually eventFul.

Qatar was the First country to recognise the libyan rebels,

the First to close its syrian embassy, and also a country that came down hard

on the yemeni president to step down. it was also the

First gulF country that asked un member states to listen to the voice oF

reason and respond to the legitimate reQuest For a

palestinian state with Full membership at the un. moving From Football legacy to world peace,

Qatar has indeed carved its name on the regional stage taking a strong stand

on each oF the arab revolutions.Qatar today invited experts From around the world to say what they think about

the country and its steep rise to recognition?

is it accepted as a power player on the global peace agenda or is it merely the

clout oF resources that makes the coun-try take steps that are “seemingly impossible”?

* discLamer: the VieWs eXPressed inside the coVer story is that of the indiViduaL authors and the magazine is not resPonsibLe for the same.

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Q a t a r ' s r o l e o n t h e w o r l d s t a g e :D i p l o m a t i c G a m e p l a y

By any measure, 2011 has Been a remarkaBle year for Qatar. not only has it seen rising economic growth and prosperity at a time when much of

the world faces economic downturn, But it has also risen to gloBal prominence By playing an important role in the changes that are

sweeping the region. its successful Bid to hold the footBall world cup in 2022 has Become Just one in an array of landmark events throughout

a year that has seen Qatar firmly estaBlish itself as an actor on the regional and gloBal stage.

holding Centre stage

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C o v e r s t o r y

n a year when much of the Arab world, including its traditional leaders, has been in transition – with revolution in Egypt,

pending succession in Saudi Arabia, turmoil in Syria, and Iraq struggling to forge a new identity and state – Qatar has played an important leadership role in the regional affairs. The perception of a power vacuum in the region has been sharpened by a narrative of declining US influence, with many foreseeing the first cracks in the Pax Americana that has held sway since the first Gulf War.

Qatar quickly championed the cause of Libyans fighting to overthrow Muammar Ghadaffi after 41 years of dictatorial rule. If Qatar is used to taking risks in pursuit of its vision and ambitions – both at home and abroad – Libya certainly proved to be its riskiest venture yet.

Having previously played an important role in mediating conflicts across the region – whether in Lebanon, Sudan, or Yemen – Qatar worked with the Gulf Cooperation Council and the Arab League to galvanise the international response to an impending humanitarian disaster in Libya. Not only did it play a political role, but for the first time it deployed its military to assist in the protection of the Libyan people.

Looking ahead, Libya will need much more assistance and support from the international community as it builds a new state with strong democratic institutions and a capacity for economic growth. Supporting the state-builders and the institution-builders in the country after the devastation should be a key role for all Arab states to fill, alongside other international actors.

Nowhere is the challenge of regional security greater than with regard to Syria. Relations with President Bashar Al-Assad soured dramatically when he failed to heed the advice of close friends such as Qatar and Turkey. Qatar is now working with other key Gulf and Arab states - particularly Saudi Arabia – to coordinate an Arab-led response to the crisis. These efforts – which have been too slow to build – have now led to an unprecedented situation in which the Arab League has suspended a founding member and imposed economic and political sanctions.

The challenges in Syria are great, with frightening potential for further bloodshed and the killing of thousands of civilians. There will be an important role for the Arab

League to play in getting the international community – particularly UN Security Council members such as Russia, China and India – to take effective and decisive action to cripple the “killing machine” of Assad’s security forces, and persuade him and his regime to step down and leave a secure space in which a democratic Syria can emerge.

Another important development has been closer to home, in the role played by the GCC in the ongoing and deeply-troubling crisis in Bahrain. After ten months of struggle, with hundreds detained and many dead, it seems that the security approach adopted by Bahraini authorities and their GCC allies – especially Saudi Arabia – is not working. The attempt to forge a national dialogue has proved equally unsuccessful.

Looking ahead, there will be a need to establish a new political and social contract that rewrites the relationship between the monarchy and people of Bahrain. Where external mediation has been unsuccessful in encouraging the sort of dialogue that could achieve that end, there will have to be renewed efforts and greater perseverance. Qatar is well placed to play a role here.

As the Arab revolutions of 2011 continue to run their course, Qatar will likely continue to play an important role in regional and international affairs. Other pressing issues, such as the Palestinian bid for statehood at the United Nations, will continue to provide a stage for Qatari statesmanship. (Qatar is chair of the Arab League’s follow-up committee on the issue.) On Iran, meanwhile, Qatar faces the challenge of engaging Tehran with regard to its nuclear programme, while tempering a growing sentiment in the US and Israel that sees military action, not containment, as the best way to counter associated threats. Importantly, in the fragile transitions underway in North Africa,

resource-rich Gulf states must play a role in stimulating the economic growth that will be necessary to underpin democratic gains. Nowhere is this more urgent than in Egypt, where a tourism-reliant economy has flounderedand foreign direct investments fallen nearly 100%. Qatar could play an important role in coordinating an international and multilateral effort in this regard.

The fluid scene set by the Arab Awakenings will demand that Qatar and others continue to adapt to the rapidly changing environment in the region. A track record of independent, bold and inclusive foreign policymaking has helped Qatar cope with this rapidly shifting landscape. Having pursued engagement with an array of actors irrespective of their ideological colour – from the US, to Iran, Hamas and other Islamist groups – Qatar is well equipped to play a role as a valued independent actor. As a new Middle East takes shape then, Qatar is set to remain centre stage, and must continue to bear the associated responsibilities

Salman Shaikhdirector of the brookings doha center

and fellow at the saban center of middle east policy at the brookings

institution, washington dc

ihaving previously played an important role in mediating conflicts across the region – whether in leBanon, sudan, or yemen – Qatar worked with the gulf cooperation council and the araB league to

galvanise the international response to an impending humanitarian disaster in liBya

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there’s a Joke making the rounds in the middle east these days: three of egypt’s former presidents, gamal aBdel nasser, anwar sadat, and

hosni muBarak, meet in hell and ask each other how they fell. nasser replies “poison”; sadat says “assassination”; and muBarak answers

“al Jazeera”.

Qatar’s sourCe of arab springs

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uring the 15 years that it has broadcast from Qatar, Al Jazeera has served as far more than a traditional television station. With its fearless involvement

in Arab politics, it has created a new venue for political freedom, which has culminated in its unreserved support for Arab revolutions.

Al Jazeera has pushed the boundaries of information by providing live coverage of major developments in the Arab world and elsewhere. It is a platform for political and religious opposition groups in the Arab countries. It hosts Israeli spokespersons and embraces state-of-the-art broadcasting techniques. In short, it has become a global brand and a role model for other Arab media.

Success breeds confidence, but it also attracts envy. Al Jazeera has no shortage of enemies, from the most radical Islamic fundamentalists to American and Israeli intelligence gatherers. And, between these two extremes, there is fierce debate over whether Al Jazeera is friend or foe.

Liberals who welcome it as a beacon of freedom and progress in the Arab world confront those who accuse it of Islamism and religious radicalisation. Islamists who praise it as a platform for their own views must deal with the fact that it also offers a voice to Israelis. Al Jazeera journalists are household names; they also suffer more harassment, imprisonment and fatalities than their colleagues at other major news organisations.

Al Jazeera is not a tool of the CIA, Israel, or Al Qaeda. Rather, it is the sophisticated mouthpiece of the state of Qatar and its ambitious Emir, HH Sheikh Hamad bin Khalifa Al-Thani. Simply put, the Al Jazeera success story would not have been possible without Qatar’s backing. For the Emir, Al Jazeera is integral to the national “branding” of Qatar and its foreign-policy aspirations.

The motivation for these aspirations is unclear, but a number of ideas are worth pondering. After coming to power in 1995, the Emir, HH Sheikh Hamad bin Khalifa Al-Thani, was suddenly confronted with a hostile Saudi Arabia and Egypt, whose elites despised the ambitious young ruler and preferred his more timid father. Qatar was perceived as increasingly rebellious,

routinely defecting from the collective and mundane line of Gulf countries’ politics – inviting further pressures from the “big brothers”. In response, under the young Emir’s firm hand, Al Jazeera delivered a more assertive line of criticism against governments, such as those of Egypt and Saudi Arabia, that other Arab mainstream media would do their best to avoid alienating.

Having received carte blanche from Qatar’s political leadership to support the Arab revolutions, Al Jazeera became fully engaged in live coverage of events in Tunisia, and then in Egypt, by relying on socialmedia networks away from the eyes of local security officials. Its coverage was filled with Arab masses declaring their demands to the world. Banned from local media and mostly on the run, revolutionaries used Al Jazeera to reach – and mobilise – their own people. The channel cancelled its regular programmes, and was transformed into a round-the-clock workshop of live news and interviews, switching from one revolution to another.

So, while the Arab Spring has been a genuine popular uprising against decades of corrupt and oppressive authoritarian regimes, its rapid spread, which caught almost everyone by surprise, was due in part to the influence of Al Jazeera, which became the voice of the voiceless throughout the Middle East. As for Qatar itself, the Emir provided various forms of support to all of the Arab revolutions, except in Bahrain, where the Saudis and, more pointedly, the Americans, drew a very sharp red line.

HH the Emir Sheikh Hamad’s political audacity stems partly from Qatar’s enormous gas resources, which have

allowed him to develop vigorous policies in all areas, especially in foreign affairs. Protecting himself and Qatar by hosting the largest American military base outside the United States, his strategy has been to wrest control from regional third parties who might otherwise dominate the smaller Gulf states.

It has been an aggressive and risky foreign policy, but the Qatari Emir clearly believes that he can fill a regional leadership vacuum. His support, via Al Jazeera, of the Arab Spring’s revolutions - and of the new generation of leaders that they have spawned – has only strengthened Qatar’s position.

The falling regimes consistently maintained that Al Jazeera wasn’t neutral. They were right

d

khaled hroub director of the media programme at

the gulf research centre -university of

cambridge.

having received carte Blanche from Qatar’s political leadership to support the araB revolutions, al Jazeera Became fully engaged in

live coverage of events in tunisia, and then in egypt, By relying on socialmedia networks away from the eyes of

local security officials.

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less than two decades ago, most people in the world would not have even heard of Qatar. yet today it is associated with maJor players that

have Become integral to the contemporary gloBal citizen: Qatar airways, al Jazeera and the fifa 2022 world cup are But a few examples. the world would Be much poorer without these uniQuely

Qatari institutions.

Qatar’s prominent global position widens CirCle of stakeholders

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ew doubt that Qatar has come a long way from being a sleepy state in the Gulf to a force to be reckoned with. The rise of Qatar has

rapidly expanded its circle of stakeholders. It now answers to the needs of people from around the world, and pleasing everyone has not proven to be an easy task. Rapidly changing opinions about the country and what it stands for differ from region to region, sector to sector and from industry to industry.

Qatar is viewed by different regions of the world in terms of its public diplomacy, massive spendering and ambitions. Whilst those are mostly commendable traits most countries aspire to have, they also inadvertently invite scepticism and criticism.

Al Jazeera was the first window that opened Qatar to the Arab world, and soon afterwards to the rest of the world. Al Jazeera became the “gold standard” of Arab news media. It almost became the voice of the man on the street, delivering news items to a region that was accustomed to receiving heavily censored news items. Over the years however, and particularly after the launch of the English-language channel, it was increasingly felt that Al Jazeera was an arm of Qatari public diplomacy. What Al Jazeera showed is now perceived as semi-official Qatari policy, or at least having the support of the Qatari government. This was the main driver of how Qatar is perceived in the Arab World, and to a lesser extent in the West. Qatar was no longer seen as an apolitical, neutral, sleepy country, but one that had taken it upon itself to be the guardian of the Arab “renaissance”. The Qatari military involvement in Libya only helped to confirm this. However, the role the country played in the Arab Spring has also created many critics, both in the region and beyond. It was felt that Qatar was unfairly punching above its weight, and assuming the role of the Arab voice, without the political justification necessary.

The winning of the FIFA 2022 World Cup bid and subsequent allegations of corruption have caused serious reputational damage. Many, particularly in the West, felt that Qatar had been able to secure the hosting of the 2022 World Cup through commitments that required massive spending, both legitimately and

illegitimately. Few outside Qatar have seen the great strides the country has made in the world of football. Winning the right to host the 2022 World Cup has undoubtedly propelled the country to new levels of world recognition, but it has also set new challenges the country must contend with.

The country’s ability to embark on massive spending in countries around the world has exposed it to working with leading financial institutions around the world. The country’s sovereign investment vehicles have certainly been able to secure “trophy” assets around the world, with varying degrees of success. But this has also exposed it to even more stakeholders, often with competing requirements. The manner in which those funds are buying key assets is seen by some as a means to increase political influence in key countries or regions. This is even more exacerbated by the apparent very top-down way of decision-making, blurring the lines between political and financial investments. The perceived opaqueness of the investment strategies of the sovereign wealth funds and those close to the ruling family have made many in the West question the motives behind those investments. More openness and clearer delineation between private and state spending will go a long way in reassuring some sceptical but potentially key partners, that Qatar’s intentions are benign.

No one can doubt that Qatar has become a major regional player, on the political, economic and social fronts. And it is here to stay. The vision of the country’s leadership to venture out beyond the perceived limits its small size allows has made it a global household name. This rapid expansion has unsurprisingly created critics and sceptics.

Their fears of this rapidly rising star can be allayed with greater transparency, institutionalisation and decentralisation that allows for engaging the ever-expanding circle of stakeholders.

The progress the country has made trumps all the criticisms and scepticisms that come as “part of the deal”. Different regions of the world view Qatar differently, but almost all look at it with great admiration

f

Ghanem nuSeibeh is the founder of cornerstone global

associates, a high-end london-based

strategy and management consultancy.

ghanem specialises in political and

economic risk, and works with govern-

ments, investment banks and organiZa-

tions from around the world.

he regularly appears in regional and

international media commenting about

regional affairs, including reuters,

bloomberg, wall street journal and

others.

[email protected]

the country’s aBility to emBark on massive spending in countries around the world, has exposed it to working with leading financial institutions around the world. the country’s sovereign investment vehicles have certainly Been aBle to secure “trophy” assets around

the world, to varying degrees of success.

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Qatar’s rise to a middle east power-Broker has taken many By surprise, and it’s not hard to see why. it’s not the

conventional considerations of land, military or economic power that are driving Qatar’s foreign policy successes. rather, it’s a case of

having the patience to wait for opportunities and the savvy to make the most of them.

Qatar takes the opportunity

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atar has been engaged in a slow process of expanding its soft and hard power strategic assets since 1995. Economically, it has attracted the foreign

investment necessary to develop its vast energy reserves (26.6 billion barrels of oil and 24,000 billion cubic metres of natural gas). This energy windfall has helped to create a prosperous population, negating the possibility of economically-motivated protests that plagued the Arab Spring countries.

It’s not just oil driving Qatar’s economy. Like other oil-rich Gulf states, Qatar has actively sought to diversify away from over-dependence on the energy industry. The government has built ‘Education City’ in Doha, a sprawling complex of think tanks and American university campuses. It has also been an active bidder on just about every international conference or sporting event that goes up for grabs. And of course, it recently landed the holy grail of international sports – the 2022 FIFA World Cup.

This impressive wealth is not being left unguarded, as Qatar’s affluence falls under the protective umbrella of American hard power. The Al Udeid Air Base looms just outside Doha, home to US and US Air Force Central Command. It also stands to reason that Al Udeid will be expanded as American military assets are withdrawn from Iraq.

And then there's Qatar’s impressive web of influence, its expanding soft power. Although Doha maintains close economic and military links to Washington, its foreign policy is far from one-dimensional in this regard. Qatar also maintains working relationships with the cast of Washington undesirables such as Hamas and Hezbollah, and it has proven unwilling to toe the American line in regards to the Palestinian Authority. It even allowed Israel briefly to open a trade office in Doha, an experiment that ended in the wake of Operation Cast Lead. In short, the Qatari government casts a very wide net in search of friends.

Of course, Al Jazeera is the jewel in the crown of Qatar`s global influence. Since the Arabic-language news station was founded in 1996, it has proved useful in leveraging opinion in the Muslim world in a way that`s favourable to Qatari interests. For example, Al-Jazeera used apologetic language in regards to NATO operations in Libya – a far cry from the ‘aggression’ and ‘invasion’

talk that characterised the conflicts in Afghanistan and Iraq. According to 2009 diplomatic cables released by Wikileaks, the government of Qatar has even gone so far as to offer favourable Al-Jazeera coverage as a bargaining chip in past diplomatic negotiations.

It's clear that Qatar does not suffer any shortage of strategic assets. But, the fact remains that it’s still a small country of only 350,000 citizens – hardly a regional powerhouse. So what allowed Qatar to step into the spotlight? The answer is simple: a golden opportunity presented itself to put these assets into play.

The opportunity came from a shifting strategic landscape in the Middle East. Specifically, the region’s former leaders are fading into the background. Egypt finds itself mired in domestic politics for the foreseeable future and Syria looks to be the next domino to fall, leaving Iran without its trusted ally. Other hopefuls like Iraq, Turkey and Saudi Arabia have proved unwilling or unable to fill the power vacuum in the region.

When the opportunity of the Arab Spring presented itself, Qatar quickly mobilised its strategic assets to fill this leadership vacuum. It was the first gulf state to recognise the Libyan rebels, the first gulf state to close its Syrian embassy, and it also came out hard and heavy for the Yemeni president to step down. It was also fundamental in transforming the Arab League from an archaic soapbox to a critical power-broker. These were high-risk, high-reward moves that were made possible by a lack of leadership from conventional regional powerhouses. They could have just as easily backfired, creating a market for a series of articles about where Qatar’s foreign policy went wrong.

Thankfully, they didn’t.It’s worth mentioning that Qatar’s foreign

policy has been guided by pragmatism, not ideological considerations. Doha is not committed to the expansion of political rights as an end in itself. Rather, the human rights angle provided a convenient rationalisation for a policy that was steeped in geopolitics.

Qatar will continue to pursue a practical foreign policy based on expanding its soft power throughout the region and beyond. Thus, nothing has changed, though it may seem that way because the policy is working so well

Q

Zachary FillinGham

managing editor of geopoliticalmoni-

tor.com and a geopolitical analyst

fillingham holds a ba in international

relations from york university in

toronto, ontario, canada and an ma

in chinese studies from the school of

oriental and african studies in london,

england.

geopoliticalmonitor.com is an open-

source intelligence collection and

forecasting service.

when the opportunity of the araB spring presented itself, Qatar Quickly moBilised its strategic assets to fill this leadership vacu-um. it was the first gulf state to recognise the liByan reBels, the first gulf state to close its syrian emBassy, and it also came out

hard and heavy for the yemeni president to step down.

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despite the fact that liBya is nowhere near the persian gulf, Qatar was the araB state which most ardently supported the reBels in eastern

liBya. Qatar has long had an active foreign policy, But its recent moves positioned it as a real player in the liByan crisis. however, it remains a

weak country militarily and relies on the us for its security, constantly reminded of its precarious geographic position Between

regional powers saudi araBia and iran as it tries to use foreign policy as a tool to present itself as a useful ally to any country.

Qatar’s role in libya and beyond

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his desire to create a perception of power explains Qatar’s recent moves in eastern Libya, where Doha has slowly

positioned itself as one of the main players in the diplomatic game being waged in various corners of the Muslim world.

Despite all of Qatar’s vast hydrocarbon reserves, it wouldn’t mean very much if it were unable to export it, which requires not only territorial security (on land and in its territorial waters that contain offshore oil and gas deposits) but also unimpeded access through the Strait of Hormuz. And this is one of the most important reasons why the ruling family in Doha tries to maintain good relations with both Saudi Arabia and Iran, unlike Bahrain, which finds itself in a very similar geopolitical situation but with a 70% Shiite population.Qatar has better relations with Iran in part because only about 10% of its population is Shiite and it does not feel threatened by a Shiite majority acting as agents of Tehran. Qatar has extensive economic linkages with Iran and helps Tehran circumvent sanctions by acting as a shipping hub of illegal goods, much as the United Arab Emirates does. As for its relations with Saudi Arabia, Qatar was a contributor to the Peninsula Shield Force that entered Bahrain on March 14, while Doha-based Al Jazeera has been nowhere near as dogged in its coverage of the protests in Saudi Arabia’s Eastern Province as it has been in several other Muslim countries that have experienced unrest.

The imperative of maintaining territorial security and unimpeded access through the Strait of Hormuz also creates the need for a foreign security guarantor. This forms the foundation of Qatar’s relationship with the United States.

Qatar did not exist as an independent nation until 1971, when the British completed the withdrawal of their naval assets from the Persian Gulf region. For decades before, Qatar existed under British suzerainty. It was London that first granted protection to the Al-Thani family against the rival Al-Khalifa family in nearby Bahrain. And the United States has stepped into the role of a foreign power able to guarantee Qatar’s continued territorial

integrity.The United States does not run Qatar’s

day-to-day affairs as the British had done; the United Kingdom largely controlled Qatar’s foreign policy in exchange for security guarantees. But the United States does have a large footprint in the country with two significant US military bases. Qatar volunteered to be the new host of the US Combined Air Operations Center after it was removed from Saudi Arabia in 2003 and set up at the existing Al Udeid U.S. air base south of Doha. Today Al Udeid serves as a key logistics hub for American operations in Afghanistan and as a command center for operations in Iraq. A second American base in Qatar, As-Sayliyah, is the largest pre-positioning facility for US military equipment in the world.

Doha benefits from its security alliance with Washington, but it also wants to maintain its independence and build a reputation (both in the Arab world and beyond) of being a significant actor in foreign affairs, more significant than geopolitical logic would suggest. Above all, it wants to be seen as acting in its own interests, even if it is operating according to a set of restraints that prevents it from pursing those interests too vigorously. Sometimes this brings Qatar in line with certain countries’ positions, only to find itself seemingly on the opposite end of an issue in short order. This is most aptly displayed by Al Jazeera, which first became known for its critical coverage of U.S. and Israeli activities in the region and is now widely attacked by Arab regimes for fomenting dissent within their own

countries. Despite what neighbouring governments may feel about the media outlet, Al Jazeera’s emergence has helped put Qatar on the map in the eyes of the Arab street, evidenced by the fact that in 2022 Qatar will become the first Muslim country to host the World Cup.

Qatar’s active diplomatic presence in recent years has often involved disputes that have very little to do with its own direct interests, such as working with Turkey in helping to form the Lebanese government and mediating between the Sudanese government and various rebels groups in the Darfur peace process. Qatar’s integral role in supporting the eastern Libyan rebels is only the latest example of this trend. Whether Doha is acting according to US directives is unknown, but it is certain that Qatar’s efforts are in line with US interests and will bolster Qatar’s image in Washington’s view as a leader in the Arab world.

Moves in LibyaDespite the fact that Libya is nowhere near the Persian Gulf, Qatar was the most ardent Arab state supporter of the eastern Libyan rebels from the beginning of the uprising. This was not an obvious decision for Qatar to make, since what happened in Libya did not affect the situation in Qatar’s backyard. Still, Qatar was the only Arab country to recognise the National Transitional Council as the sole legitimate representative of the Libyan people and was the second country to do so after France. Qatar was also one of just three Arab states that have contributed aircrafts for the enforcement of the UN-

tdoha Benefits from its security alliance with washington, But it also wants to maintain its independence and Build a reputation

(Both in the araB world and Beyond) of Being a significant actor in foreign affairs, more significant than geopolitical logic would

suggest

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mandated no-fly zone, sending six Mirage fighter jets to perform largely ceremonial over-flights alongside French warplanes. Qatar flew humanitarian aid into Benghazi airport. Displaying a desire to lead the Arab world on issues occurring in the region, the Emir, Sheikh Hamad bin Khalifa Al-Thani, openly called for Libyan leader Muammar Gaddafi to step down and criticised other Arab states for not helping to enforce the no-fly zone, saying on March 31 that “the suffering of civilians in Libya led the international community to intervene because of the inaction of the Arab League, which was supposed to assume the role.”

Qatar’s most important contribution to the Libyan rebels, however, was maybe to help them market oil pumped from the Sarir oil field in eastern Libya, which would infuse the movement with much-needed cash to sustain its fight against Gaddafi. Doha also reportedly provided a small supply of weapons to the rebels in early March and sent free shipments of petroleum products into eastern ports when it was feared that supplies of gasoline, butane and kerosene were running out. But if the eastern Libyans were able to actually to make money off the oil, which one rebel council leader – Finance Minister Ali Tarhouni – vowed was ready to shipment, it would give Benghazi a more sustainable solution to its pressing economic problems than stopgap aid shipments.

Tarhouni, who returned to Libya from exile in the US in March, made a variety of claims regarding the oil-production

capability in the east, ranging from an immediate level of 130,000 barrels per day (bpd) to 300,000 bpd or more within a few weeks. According to Tarhouni, Qatar was on board with a plan to “facilitate” the export of oil from either the Sarir oil field or storage tanks around Tobruk, most likely for shipment to European customers wary of the political or security risks of doing business with the rebels.

Tarhouni’s claims were not confirmed or denied by the Qatari regime or by state-owned Qatar Petroleum (QP), which would most likely be the firm that would help facilitate exports of Libyan oil. One anonymous QP official said in March that the deal was “just a political move” and emphasised the difficulty in actually seeing it through, saying that the time frame would surely be longer than the week or so that Tarhouni was asserting. But in making such a statement, QP implicitly acknowledged that the deal was simply another case where Doha wanted to display its support for the uprising against Gaddafi.

By taking part in the no-fly zone, Qatar did exactly that, while also demonstrating its utility to the West. Doha’s support allowed leaders in Washington, Paris and London to claim that an air campaign against a Muslim country had “Arab support”. The statements made by Arab League chief Amr Moussa in March showed how politically sensitive perceived support for such a bombing campaign could be in the region, which only made Doha’s support that much more appreciated in Western capitals.

These measures, along with the critical role Al Jazeera played in bringing the world’s attention to the situation on the ground in eastern Libya, gave tiny Qatar the reputation as a player in the Libyan crisis. This was no small feat, considering how insignificant the country is in relation to traditional Middle Eastern powers like Egypt, Saudi Arabia and Iran. Qatar remains, in reality, a very weak country that relies on the United States for its security and on its dealings with other more powerful states, but presents itself as a country that can be a useful ally.

One of the main reasons Qatar was able to focus so much attention on eastern Libya was that it had not suffered the affliction that other Arab countries had since January, 2011. There was no Arab Spring in Doha, notwithstanding a few failed protests organised on Facebook calling for a “Day of Rage” in Qatar in early March. Should unrest flare up in Qatar as it has elsewhere in the region – which is unlikely due to its wealth and lack of sectarian divisions – but certainly not impossible – it will suddenly find itself much less concerned about the fate of eastern Libyans

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Qatar’s most important contriBution to the liByan reBels, however, was mayBe to help them market oil

pumped from the sarir oil field in eastern liBya, which would infuse the movement with much-needed cash to

sustain its fight against gaddafi.

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capable and motivated workforce – that’s a central aspiration in Qatar’s long-term National Vision 2030 and the near-term National Development Strategy 2011-2016. Qatari nation-als comprise some 6 to 7% of the entire workforce in Qatar and Qatarisation efforts aim to increase those numbers in all sectors. As important as Qatarisation is, rapid growth of the workforce-and the related organisational and managerial challenges that follow-will con-tinue to be characterised by dozens of nationalities and cultural backgrounds.

As Qatar continues to grow and evolve, so does the demand for talent in virtually all sec-tors and industries. Realising the National Vision will require more than people showing up in the workplace; it requires capable and engaged employees who take their work to heart, employees who are committed to continual improvement and organizational success.

Employee engagement is critical for the success of any organisation, and it is especially so as Qatar moves from its reliance on hydrocarbons to a more diversified knowledge econ-omy. Firms relying on knowledge workers need people who can navigate in changing work environments, who do not only rely on standardised procedures, and who have room to manoeuvre to solve clients’ problems and put innovations into practice. They need a work-force committed to the organisation’s values, goals and aspirations. In short, they need en-

EnGAGinG All of thE tAlEnt in QAtAr

AthE stAkEs ArE too hiGh not to EnGAGE EvEryonE in thE QAtAr WorkforcE.

B o t t o m l i n e

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gaged employees – a key factor of competi-tive advantage in a knowledge economy.

Development Dimensions International (DDI) underscores the power of engage-ment with its study on “Employee Engage-ment: The Key To Realising Competitive Advantage”. Their study concludes that “those employees with higher engagement scores are more satisfied with their jobs, less likely to leave their companies, and more capable of achieving their perform-ance goals.” This is good for the bottomline. The impact of employee engagement was measured at a Fortune 100 manufacturing company and found to be considerable (see box).

No doubt, engagement works and pays off in any sector. The Qatar National Develop-ment Strategy identifies key factors for mo-tivation of the local workforce, such as de-creasing the difference in benefits Qataris receive in public and private sector jobs, and creating awareness of the substantial value of higher education. The strategy also addresses the needs of expatriates (mobil-ity in the labour market, for example). A report by Mercer’s “What’s Working” re-search group, however, has identified the four engagement factors crucial to virtually all employees, regardless of cultural or pro-fessional background:

• The work itself, including opportunities for development• Confidence and trust in leadership• Recognition and rewards• Organisational communication

Critical engagement factors vary from

one country and culture to another. Still, this list provides a good place to start. From there, leaders and mangers can learn which factors affect employee engagement for all those working in Qatar, nationals and non-Qataris alike.

Here’s our advice for near- and long-term action: • Do an audit to understand current levels of engagement. This can be done in-house or with help from outside expertise. Make sure to include all groups/nationalities to get a full picture. From this baseline, rein-force current programs and/or initiate new efforts. • Make the fit. A myriad of instruments are available to help individuals and employers to identify individual strengths and then go

on to leverage those strengths to make en-gaging, rewarding and meaningful careers. Misalignment of strengths and job re-quirements is a big contributor to poor em-ployee engagement. (See Peterson’s Values

In Action assessment, the Clifton Streng-htsFinder, the Centre for Applied Positive Psychology’s Realise2, and Stand Out by Marcus Buckingham, to get an idea of the possible assessments you could use.) • From there, develop a plan for fostering a culture of engagement that is tailored to your organisation. Consider the following:

Helping employees to see how their work fits in the big picture

Providing high-quality opportunities for learning and development

Fostering effective work teams Providing performance feedback that

is constructive, timely, and part of day-to-day practice

Ensuring that managers are skilful and supportive

Do not expect a quick fix. Building and sustaining a culture of genuine engage-ment takes time, trial-and-error, and a willingness to persist. The win-win payoff is more than worth the effort

low engAgemenT TeAms high engAgemenT TeAms

turnover 14.5% 4.1%

absenteeism 8% 4.8%

quality errors 5,658 52 (!)

comparison of key indicators in low and high engagement teams in a fortune 100 manufacturing company

(source: development dimensions international, inc)

A sTAged ApproAch, following The nATionAl developmenT sTrATegy 2011-2016:

a capable workforce...

should lead to ?

...is in line with education and develop-

ment goals.

a motivated workforce...

should lead to ?

... is in line with productivity goals, reten-

tion goals, increased qatari private sec-

tor participation and further attraction

of expat talent.

an engaged workforce... ...is in line with the requirements of the

long-term goal of a knowledge economy.

the authors, birgit radl-wanko and kevin lamb, will be conducting research to get a

clearer picture of how much employers in qatar value and practice employee engage-

ment. read more about this and other aspects of employee engagement in the follow-

ing issues.

by birgiT rAdl-wAnko and kevin lAmb

birgit is an organisational consultant and trainer with a focus on leadership development and change management. she has worked with organisations in the public, private and non-

profit sector in the us, europe and the middle east and is a qatar resident since 2010. kevin is an organisational development consultant and managing partner at keystone

global consulting group, based in qatar. his focus is on organisational health practices and their link to organiZational performance.

birgit and kevin will be writing a regular column on employee engagement in qatar.

visiT www.omsqatar.com

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f only it were true. Understanding hu-man behaviour may be the purview of psy-chologists but understanding the tactical and strategic communications that drives change programmes is the specialism of change communication practitioners.

Qatar has undergone major change in the last 15 years, government organisations and corporate entities have had to grapple with the pace of the transformation, some have succeeded, others have struggled. But change communications is a discipline that has not featured strongly in the Qatar evo-lution experience.

The main reason for the mixed success of change programmes is that many of us are resistant to change even though it is one of the few guarantees in life. Innovations, ad-vancements and changing circumstances, force us to deal with shifting realities regu-larly. We all have different ways of coping,

many struggle with the process, while a few relish the opportunity.

In an organisational environment, that change process must be managed to ensure a smooth transition from the current posi-tion (As Is, in change management lexicon) to a future state (To Be), ensuring that all impacted by the change are clear about the reasons and benefits.

So how can communications effectively support a formal change process? Is there a magic formula for implementing change communication programmes? The short answer is that communications is vital and that there is no magic formula. Each organ-isation, entity or project has a unique set of circumstances and imperatives.

Why is change communications important?Simply speaking change communications is

chAnGE communicAtions shininG liGht on thE chAnGE procEss

ihoW mAny psycholoGists doEs it tAkE to chAnGE A liGht bulb? nonE, thE liGht bulb Will chAnGE WhEn it’s rEAdy.

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by sAmson sAmAsoni, managing director, groW

conTAcT [email protected]

everything you need to do to successfully communicate the change to your inter-nal stakeholders, including employees, leadership, middle management, even third-party suppliers in some instances. The more complex explanation is that change communications is about how you convince internal stakeholders to behave in the new reality and the organisational culture you create to reinforce and insti-

tutionalise those behaviours.Australian management consultant

Georgie Macris says change communi-cations teaches leaders to be the face of change, managers to be the drivers of change and communicators to be the voice of change. Change communication supports leaders, managers, communica-tors and employees to successfully navi-gate their way through organisational changes in the workplace environment.”

Management consultant, trainer, and writer at Heathfield Consulting Associ-ates Susan Heathfield says that there is no such thing as over-communicating when an organisation is going through a change process. “Every successful executive, who

has led a change management effort, in my experience, makes this statement. I have never worked with a client organisa-tion in which employees were completely happy with communication. Communi-cation is one of the toughest issues in or-ganisations.”

In technology-led change programmes, such as an ERP implementation, it is gen-erally accepted that 90% of programmes

that fail are due to poor communi-cations, not technical issues.

Eight Drivers of ChangeMarketing guru and Harvard Pro-fessor John Kotter talks about the eight drivers required for effec-tive changes programmes. Kot-ter believes these drivers need to be addressed in equal measure. Therefore change communication practitioners must understand each driver and how they inter-connect and then develop a campaign that articulates the change process to the internal audience through whatever channels and tools will be most ef-fective. Often research is required to confirm the appropriate vehicles for delivering the messages.

Without this fundamental understanding of the drivers of change and the important role that change communications plays, the chances of Qatar organisations suc-ceeding with their transformation proc-esses is significantly reduced.

How many change communicators does it take to change a light bulb? Four. One to facilitate the placement of the ladder, explain its role and to hold it in place. The second to entice employees to the room that is in darkness. The third (supported by the first two) to convince employees of the benefits derived from changing the light bulb. The fourth to guide the employees through the process of changing the light bulb for the change communicators

communicATions is A cenTrAl driver for chAnge

kotter’s 8 change drivers:vision clAriTy

what is the strategic vision for the organisa-

tion? do all senior management share that

vision? has it been effectively and consistently

shared with employees and other internal

stakeholders?

cAse for chAngewhy does the organisation need to change?

typically, change management programmes

will introduce a ‘burning platform’, create a

reason for change, perhaps it is competition

from other organisations, declining value

of the company or simply a frustration that

the results of the organisation are not being

achieved

chAnge leAdership & AccounTAbiliTy

is the leadership of the organisation prepared

to take responsibility and be accountable for

the change? do they clearly see it as their

responsibility is it a programme they can com-

mit to?

sTAkeholder commiTmenTare all internal stakeholders committed to

the change? do they understand and believe

the need for the change?

inTegrATed plAnning And TeAms

ensuring that the change is effectively man-

aged through teams that are integrated and

all striving to meet the same goals.

Aligned performAnce And culTure

entrenching the change within the culture of

the organisation. if staff begin demonstrating

the behaviours required, how is their perfor-

mance measured and ultimately rewarded?

TrAining And chAnge cApAbiliTy

sometimes people just don’t know how to

change or what is expected. training and build-

ing the ‘change culture’ in an organisation is

very important.

communicATionshow will the change be communicated? how

will staff be engaged to understand and value

the change that is being implemented?

the view of this author is that the communica-

tions driver is central. it is the grease that

oils the wheels of change. combined, the driv-

ers, with the communications driver facilitat-

ing, help to build the desired organisational

culture for the future .

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Qatar today j a n u a r y 2 0 1 272

t a g t h i s

een Hitch? Well, it’s just like that, only with a business twist. At 6 on a Wednesday eve-ning, a group of Qatar residents meet in a West Bay tower meeting room. There are seven tables lined across the room. Each table hosts a couple of investors – some are individual investors and some are institu-tional. There are seven business ideas to be pitched by eight aspiring entrepreneurs,

who all look a little tired. They had spent the better part of the afternoon fine-tuning their pitch and getting familiar with the dos and don’ts of speed funding. After some in-formal networking, Lois Cook and Bill Mor-row, founders of Angels Den, flag off Qatar’s first Speed Funding evening.

The entrepreneurs take their seat, hop-ing to get hitched...with an investor. They have five minutes to convince the ones with money to spare, that their idea is worth the investment. Another three minutes to answer queries. Then, they move away. The investors get two minutes to make their assessment, before meeting the next entrepreneur.

After every table pitch, the entrepreneur walks back looking even more rejuvenat-ed. Table to table their pitch gets sharper, their confidence more visible. One of those 10-minute sessions could well result in a promising start-up. But what, who and when we don’t know yet.

Qatar Today speaks to Cook after the

event, about Angels Den’s Qatar soiree.

Is Speed Funding the only manner in which Angels Den links entrepreneurs to investors? What are the other modes of doing this?Speed Funding is our flagship model, but our Regional Managers do personal match-ing, connections are made through the on-line facility and we run Angel clubs where groups of Angels meet regularly and talk to businesses that have been screened to their requirements. All these methods are successful for different types of people and we continuously add new ways to get people funded.

Can you share some insights from the workshop in Doha, and the event later in the evening?It was a good pilot event and the standard of businesses was high. I was particularly impressed by the two businesses owned by women who had ambitious plans for things

speed funding makes its Qatar deBut, as angels and entrepreneurs take the first tentative steps towards a new way of doing Business, writes vani saraswathi.

s

Quick, EffEctivE, productivE

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j a n u a r y 2 0 1 2 Qatar today 73

they really believed in. As usual everyone all had a lot to learn from the Angels and got amazing advice and feedback – as well being able to start discussions about funding with some of them.

When did your interest in aiding entrepreneurs begin?I was a corporate employee for around 20 years and very immersed in that world with no particular passion for entrepreneurship. However, about 15 years ago, I was selected by a UK government initiative to set up a pi-lot group that would create a bridge between Senior Management mentors in large or-ganisations like mine and local small busi-nesses. I ran this group for around six years and was really taken by the enthusiasm, in-genuity and ability to multi-task shown by the entrepreneurs. Although the idea was for them to learn from the mentors I felt I learnt as much from them. I was drawn to change my career and re-trained so I could coach SMEs and set up an online support forum for them so they could share skills and network.

Why Angels Den? Because I’m all about getting to the heart of the problem and funding is the biggest bar-rier to SME growth. When I supported grow-ing businesses it was the number one issue that held them back.

I had also met some Angels and found that it can be incredibly rewarding to invest in a growth business. Some of our Angels say it has been a lifeline for them. If you have money but are not engaged in something that gives you a sense of purpose it’s easy to get frustrated and become aimless.

Being an Angel gives people a way to use their skills, feel incredibly valued, have the excitement of business life (without the long hours) AND make money at the same time.

Could you share some interesting anec-dotes from the early days of Angels Den?I like the story of our audacity when we start-ed out. We were frustrated with the archaic Angel matching methods in the UK that involved a lot of red tape, took a long time and could be quite humiliating for entrepre-neurs. However, we wanted to create a stir at our launch event so we took the top floor of the Oxo Tower in London, invited the press and all our competitors.

They all came along out of curiosity and had to sit through Bill telling them why it was time to do things differently. Although we knew all of them individually it was chal-lenging for them to be in the same room as

all their competitors all at once. In the end, it went off well, but the pre-event nerves were pretty high!

As an entrepreneur, which challenges are ones that you found most interesting overcoming? Although we researched the market before launching, our first model was an online-on-ly Angel matching service. It only took a few months to realise that the best partnerships are formed face-to-face and that our mar-ket research subjects had told us what they thought they would do and not what they would actually do in practice. It’s a subtle distinction that can be the downfall of many businesses. As a result, I’m now a great believer in people proving their business model on a small scale rather than relying solely on

market research. What defines you as an entrepreneur is

how quickly you learn from mistakes and adapt and I’m proud that it only took us a few months to change our model to include a human interface – we came up with our USP of Speed Funding within nine months. We continue to learn and adapt to create the best way of connecting people and engaging them in great partnerships.

What would Angels Den Qatar’s role be once the investors and entrepreneurs have entered a contractual obligation?We work predominantly at the introduction phase, so once they have invested we don’t have a financial interest in the company. However, we often meet entrepreneurs when they come back for later rounds of funding and of course many of our Angels are regular investors.

What kind of growth do you expect in the region in terms of Angel investors?We are expecting massive growth as we get the message out to investors in the region and they learn how they can contribute and make a difference to the world. Angel In-vesting is a truly sustainable way to benefit the long-term development of the country. You can make money for yourself and your family, while furthering economic growth and creating jobs.

Your advice for aspiring entrepreneurs? Always prove your business model on a small scale, surround yourself with a good team and, once you are confident you have the right formula, raise funds and really go for it. If you do things on a meaningful scale that creates wealth and employment it is so much more rewarding and you can define your position in the market

“...funding is the Biggest Barrier to sme growth. when i supported growing Businesses

it was the numBer one issue that held them Back.”

5 Tips for hopeful invesTors 1. if you are new to angel invest-

ing, take the time to attend one

of our awareness and training

sessions to make sure it is right

for you, and then start small

for your first investment.

2. keep an open mind about which

sectors to invest in.

3. look for clever, profitable and

scalable business models.

4. most importantly choose people

who are credible, likeable and

trustworthy. find out what they

do when things don’t go accord-

ing to plan and spend some time

with them before committing.

5. don’t invest an amount that will

give you sleepless nights worry-

ing about it. keep it fun!

5 Tips for enTrepreneurs1. prove the business model – if

you can spend x and generate y

in sales and Z in profit, you can

argue that by investing 1000x you

have a chance to make 1000y and

1000Z.

2. protect your idea if you can,

with trademarks, patents, clever

leverage and partnerships.

3. create a great brand that re-

flects your values and that you

can keep when you are big.

4. work out your expansion model

and a sound financial forecast.

5. find yourself an angel who will

help you take the embryonic busi-

ness into the market.

.

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financial institutions are not perceived to Be innovative and creative when it comes to online media and technology. due to certain regulations and reputation issues, they have Been a step Behind other industries in making their presence felt online.

i Am A bAnk, i Am borinG

et us explore a few ideas that can help you gain a foothold in online conversations and interact with your customers.

I recently attended a panel discussion, where a question was raised on how to deal with customer issues raised on your social media channels. Panellists were convinced of the methodology of trying to contact the customer to get details of the problem and acknowledge the issue. After understanding the issue, commit on resolving the same.

What if your bank's customer service still gets criticised online even though you have taken efforts to engage with your custom-

ers online? Well, then you have to investi-gate the case and invest in enhancing your customer service. Online media is just an-other channel to communicate with your customer.

Don't just talk about banking If you expect to build a relationship with your customer, you need to talk about various other topics that can build a con-versation on social networking sites. If a customer needs to know about your prod-ucts and offers, they can always go to your public website.

You can use Social Media tools to change the "mean and greedy" image of financial institutions.

Check out Lloyds Bank's Facebook page. They are talking about the upcoming Lon-don Olympics with a countdown ticker. This has got nothing to do with banking. These initiatives create friendly online con-versation and interaction that may not be facilitated by a bank otherwise.

Be a start-up mentorHave you ever thought about nourish-ing potential young talent to form large

enterprises? How about offering some advice on launching a start up? A bank has

l i wAnTed To geT A feel for whAT people eXpecT from Their bAnks in dohA on sociAl mediA chAnnels, And inviTed TweeTs on The subJecT. here is A summAry of whAT The TweeTs hAd To sAy:

people expect their bank to be more

interactive and provide online

support for issues.

they want instant answers to their

queries and special offers for

following/liking the brand.

many "twitteratis" complained that

the banks never responded to their

queries.

interestingly, few of them replied

that they were not interested in hav-

ing a conversation with their bank

on social networks, as banks are

only meant to manage their money,

not to have a relationship.

there lies an opportunity for the

banks to show that they can manage

human relationships and just not

financial ones.

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kapil bhatia is an e-business manager working in the financial services industry for the past 10 years. his work ranges across digital marketing, e-

channels and development of marketing strategies, with a sound information technology base.

by kApil bhATiA

follow

www.twitter.com @kapilkb blog @ iwep.blogspot.com amateur photographer @earsplease.blogspot.com

the financial capability and the expertise to mentor start ups. Use your online channels to give tips to people interested in learning more about the enterprise world. Your in-vestment banking arm could possibly fund the next Google or Apple.

Show you CSR initiatives Have you done something for the commu-nity? How about informing people via your social media channels? Do you want volun-teers for a CSR initiative? Ask for them on your social media channels and watch the response. Check out the Bank of America page, asking for people who would like to volunteer for their "Building Opportunity" initiative.

Many financial institutions are involved in charity initiatives that go unnoticed. Their projects are not covered in the media

and the average customer is not aware of these initiatives. Social networks are great online tools to tell your customers about these projects and strengthen your brand.

Giveaways for your online fans Customers love participating in compe-titions. This initiative encourages them to follow your brand online. Host a few competitions for your social media chan-nel fans. Check out the CitiBank Facebook page. They are giving an opportunity for their fans to win cash or jam with their favourite band.

How about offering your online fans a discount or a coupon to dine at their favourite restaurant?

Online surveillance of social-network-ing sites is a new trend for traders dealing in hedge funds and big banks managing

customer assets. Stocktwits is a social, stock micro-blogging service monitoring emotions of stock market traders. You will find a community of traders and investors sharing market insight, ideas, charts and news streaming in real-time.

This is true engagement of financial mar-keting with online media. An UK invest-ment company, Derwent Capital Markets, has launched a £25 million hedge fund that will use the sentiment of Twitter messages to help guide its trading strategy.

As we look forward to 2012, financial in-stitutions will continue to invest heavily in social media and interactive marketing, and work on the revenues.

There is a strong possibility of struc-tural changes in many organisations, whereby digital channels, e-marketing and e-business will fall under one umbrella

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Where does it all go? an interest group under QgBC tries to CraCk the prediCament of groWing Waste in the Country. Sindhu nair finds out...

Qatar creates more than 7,000 tonnes of solid waste each day and that figure is go-ing to spiral in the coming years with an ever-increasing population as a result of the dramatic pace of change and develop-ment in the country. Of the total figure, 30% is from domestic waste (household, markets, and office buildings) while com-mercial, construction and industrial sites account for the remainder. The majority of this waste comes directly or indirectly from the built environment and ends up in landfills due to a lack of disposal facilities that can segregate and recycle waste.

If that is not a worrying statement then have a look at this. Following an integrated dog-walk and beach clean-up effort re-cently, covering half a kilometre of man-grove at Al Wakrah, more than 2,400kg of waste was collected in a two-hour period. The waste consisted of 27% industrial waste and 51% construction waste. It also contained extremely hazardous materials such as used engine oil, car batteries, spent gun cartridges, tyres and a corroded canis-ter containing phosphorous (which is very toxic).

Now that IS a lot of waste in just a small

Q

aLL ThaT WaSTE!

g r e e n s c e n e

dr sArAh clArke, the coordinator of swig with dr AleX AmATo, chairman,

research and innovation committee, qgbc.

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stretch (there were close to 4,500 plastic bottles collected).

Qatar Green Building Council (QGBC) and Solid Waste Interest Group (SWIG), one of the working groups within QGBC, involved in the cleanup activity, is taking positive steps to control this piling waste, and Dr Sarah Clarke, the coordinator of SWIG, with her team, are passionately in-volved in this process by first mapping the waste generation and then finding solu-tions for reducing it.

“The National Development Strategy 2011-2016 makes very bold statements about what it wants to do as a country to manage this large amount of waste. It outlines very bold targets. It targets to increase recycling from the current 8% to 38% by 2016, which is a very big undertak-ing, keeping in mind that very little has happened so far,” says Dr Clark.

“The main aim of the SWIG is to con-tribute towards the NDS by first reducing waste and then make sure there is sustain-able disposable of waste that you cannot avoid.” QGBC-SWIG aims to raise aware-ness about issues of solid waste in the built environment with a view to helping com-panies and individuals eliminate or mini-mise solid waste generation and handle unavoidable solid waste in an environmen-tally conscious manner, thereby contribut-ing to the achievement of the NDS goal.

Education, collaboration and research are all important steps in this direction but it is not all. It is really practical action that counts and this is what Dr Clarke intends to do.

“The first step is to get data and then use this to say, ‘Hey, we have a problem here so what do we do about it?’”

QGBC and SWIG intend to be the point of call for data on solid waste. “A lofty aim,” Dr Clarke agrees, “but we aim high and hope to achieve it.”

Understanding the barriersWork has begun and a mapping exercise is in process, according to SWIG.

“There are a small number of recycling facilities here but there is no easy informa-tion or cataloguing done. There is no na-tional recycling initiative and companies have to seek out information. We are hav-ing a small survey to seek out what compa-nies are doing with their waste.

“So one of the things we hope to do is encourage people to talk about their waste because this could provide inputs to another industry, like materials for the construction industry that looks at using

recycled products. For example, wooden pallets that could be used in the flooring,” she says.

SWIG is looking at forming a materials exchange programme where one compa-ny’s waste could be another’s resource.

“We are looking at how feasible that will be in Qatar. This requires a lot of legisla-tive change and policy alterations, as the law might not allow such recycled materi-als to be reused.”

“With a little bit of effort, we could spark discussions and research on that and then move as an entity towards the outcome. This is what QGBC wants to do, spark interest, undertake research and make the reused product acceptable. Through networking, knowledge sharing and information sharing, we could gener-ate best practises,” says Dr Alex Amato, Chairman, Research and Innovation Com-mittee, QGBC.

Understanding barriers and then work-ing around them for the best outcome is important. So what then is the barrier for the country, in having a national recycling programme?

“There is no particular barrier. This is just a result of sudden growth. It is com-mon among developing countries. Qatar has had unanticipated and unprecedented growth which generates a lot of waste and the infrastructure to handle this is just catching up. India had the same problem; it still has the same problem with its grow-ing population and high development,” says Dr Clarke.

It is of some relief to note that the UK took around 40-50 years to get recycling in the psyche of the country.

“Talking about UK, in the 90s, a land fill tax was introduced, a tax paid for per

tonne of waste sent to the landfill. It was a hypothecated charge that was then used to reduce waste and for other aspects to do with the environment. An organisation called WRAP (Waste Resources Action Programme) was set up, partially funded by the landfill tax that undertook a whole range of recycling programmes.

“A good practise which could be applied here would be to set up a site waste moni-toring programme for every large con-struction site. And taking the burden away from the contractors, the designers and architects could also work to ‘design out’ a lot of waste at site,” says Dr Amato.

“Taking a more regional example, Abu Dhabi has already introduced legislation and an action that can be seen as a posi-tive step towards reducing construction waste,” she says.

In a move to reduce the amount of waste production in Abu Dhabi, the Centre of Waste Management launched the ‘Waste Generation Tariff System’ for companies and establishments from March 16, 2011. The landfill charges are aimed at reducing waste production from commercial, indus-trial, construction and demolition activi-ties by 80% of its current volume by 2018.

“Changing the law that allows the use of recycled material in the construction sec-tor is also another step that the Emirate has undertaken. It would be interesting to see how the people understand this legisla-tion and use it to reduce waste.”

Changing perspectivesAnother step that Dr Clarke feels will help is understanding that all waste is not bad, which will then promote recycling to a greater extent. Plastic is a big hazard to the environment and plastic recycling is one solution of minimising the problem.

“But there are more simple things that we can do, like eliminating it at source. If all the hotels were asked to stop using plas-tic bottles in rooms and replace them with glass bottles or jugs, it would be one great step. The packaging industry is another sector that should be relooked at. What they could do is at least make waste that is unavoidable, biodegradable.”

All of these initiatives need time, to be understood, accepted and then put to use. QGBC and SWIG have put the wheels in motion and only time can tell if the coun-try is geared for a mindset change

follow

www.facebook.com/qatartoday

“the main aim of swig is to contriBute towards the nds By first reducing waste and then

a sustainaBle disposaBle of waste that you cannot avoid.”

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his unique programme aims to Reach, Inspire and Reward students and schools in Qatar by meaningfully engaging and inculcating in them the im-portance of building a green culture.

GPS will enter its execution phase this month with the nominated schools being activated with creative visuals and various other monitoring tools. In the course of the year, these schools will be judged and monitored for their electricity, water and energy consumption. The school which reduces its con-sumption the most will be awarded the ‘Eco School of the Year’.

Last month, GPS also put up a road show at Katara Beach during the youth festival ‘Run The World’ organised by The Youth Company, drawing atten-tion from many visitors, especially the youth. Being a student-oriented pro-gramme, the youth festival provided an ideal platform for GPS to reach out to a wider audience. t

WELcomE a GrEEn 2012

green resoluTionsas part of the execution stage, each

of the nominated schools will have

a green pledge board to constantly

remind and encourage students to

utilise resources carefully.

let’s resolve to begin the new year

on a green note:

i promise to stop

wasting electricity.

i promise to

save water.

i promise to respect,

love and protect our environment,

culture and heritage.

i promise to use paper wisely

and think before i print.

i promise to drive less

and walk more; to car pool.

i promise to switch to cloth bags

instead of plastic.

i promise to conserve nature,

wildlife and their habitats.

i promise to

reduce pollution.

i promise to plant

trees and protect them.

i promise to support products,

brands, companies and institutions

that are eco-friendly.

To know more AbouT gps,

contact 44550983

To know more AbouT The progrAmme,

visit the gps page at http://www.facebook.com/gpsqatar.

the green programme for sChool (gps) is an environmental initiative of msheireB properties in assoCiation With QaTar Today magazine.

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arab GamES 2011

QaTar ridES hiGh in SuccESSfuL compLETion of

H the Heir Apparent Sheikh Tamim bin Hamad Al-Thani handed over the med-als to Bahrain, the winning team of the final football match between Bahrain and Jordan held before the closing ceremony after which the Doha skies lit up with fire-works to mark the successful completion of Middle East’s biggest sporting showpiece.

Qatar managed to show their resur-gence in sports in the region by putting up their best ever performance in the Arab Games history. They finished fourth on the medals tally with 32 golds, 38 silvers

and 40 bronze medals. Egypt finished at the top of the medals

table with a whopping 90 gold medals, 76 silver and 67 bronze. Tunisia held second place with 54 gold, 45 silver and 39 bronze medals, while Morocco settled for the third spot with 35 gold medals, 24 silver and 54 bronze.

However, Tunisian swimming sensation Oussama Mellouli was the highlight of the Games. The 27-year-old ruled the pool for six days, winning an incredible 15 gold med-als and one silver. The Olympic and World h

s p o r t f i l e

arab GamES 2011

QaTar ridES hiGh in SuccESSfuL compLETion of

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champion might have come close to making a clean sweep of the 18 medals had he not been disqualified in the 100m breaststroke and dropped out from the 50m backstroke.

The next Arab Games will be held in 2015 in the Lebanese capital, Beirut.

HH the Deputy Emir and Heir Apparent Sheikh Tamim bin Hamad Al-Thani pat-ronised the closing ceremony of the 12th Arab Games 2011 on December 23 at Jas-sim Bin Hamad Stadium of Al Sadd Club. The ceremony was also attended by HH Sheikh Abdullah bin Khalifa Al-Thani, the Private Adviser to HH the Emir

s p o r t f i l es p o r t s f i l e

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Brakingnews

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86Beacon of glory

issan’s new and aggressively styled compact cross-over Nissan Juke was unveiled by Saleh Al Hamad Al Mana Co. exclusive distributors for Nissan, Infiniti and Renault in Qatar. Exuding attitude, irreverence, modish style and energy, the Juke aims to impress

the younger market.The Juke’s lower half is pure SUV with chunky wheels, wide tyres

and extended ground clearance, while the top is all sporty with a high waistline, slim visor-like side glass graphics and a coupe-style falling roofline. Inside, the sports car theme continues with a cock-pit oriented cabin dominated by a centre console design inspired by

a motorcycle fuel tank that adds a sense of fun to the car. Two engines are available for the Middle East region, the 1.6-litre

Gasoline Engine unit and the 1.6L Direct Injection Gasoline Turbo Engine. At the top of the range is a new turbocharged petrol engine (MR16DDT) with direct injection (DIG-T) that develops a power of 140kW and a torque of 240 Nm with low fuel consumption.

Along with standard equipment such as integrated control sys-tem which gives the driver the chance to optimise the car’s dynamic functions to suit their needs, two airbags, ESP, full auto air condi-tioning, Bluetooth and a CD/radio, a full range of accessories has also been developed for owners who want to personalise their Juke

further.“The Nissan Juke is about to

shake up the market with a bold-ness, style and sense of fun that it has never seen before. We believe Juke’s unique combination of mo-torsports-inspired exterior and in-terior design and unexpected levels of technology is going to force Juke into the heart of the fast-growing compact hatchback/crossover mar-ket”, commented Abdulilah Wa-zni, Regional Marketing Manager at Nissan Middle East.

The Juke is priced starting QR75,000 and is currently avail-able at Saleh Al Hamad Al Mana Co. showrooms for sale and also test drives.

nissan Juke for the young

n

orsche Centre Doha, Al Bo-raq Automobiles Co. cel-ebrated the 25th anniver-sary of Porsche Exclusive with a three-day event at the

Porsche showroom in Doha while showcas-ing a variety of Exclusive models, including the 911 Speedster and the Sport Classic, to guests.

Al Boraq Automobiles, Chairman and CEO, Salman Jassem Al-Darwish said: “For 25 years, Porsche has been offering the option of individual tailoring to create an unmistakable, unique vehicle. Porsche Exclusive offers handcrafted alterations to

provide a highly individual touch in terms of design and performance - something our discerning customers in Qatar and across the region truly appreciate.”

The Porsche 911 Sport Classic is a limited edition with only 250 cars worldwide - and just one in Qatar. It features a double-dome roof and striking sport design front, with its unique spoiler lip and a fixed rear spoiler modelled on the legendary ducktail of the 1973 Carrera RS 2.7. Powered by a 3.8-litre direct fuel injection engine, the Sport Clas-sic produces 408 hp. The Sport Classic comes exclusively with a six-speed manual gearbox. The 2011 Porsche 911 Speedster,

on the other hand, is powered by the latest version of its 3.8-litre flat six cylinder en-gine. It delivers 402 hp and 310 pound-feet of torque. The gearbox is a seven-speed PDK double-clutch gearbox with a locking rear differential.

Other models on display included a Pana-mera 4S Middle East Exclusive Edition, 911 Turbo S, Cayenne Turbo and a Panamera Turbo S.

Porsche Exclusive was first introduced in 1986 to offer Porsche enthusiasts the chance of ultimate personalisation to cre-ate a vehicle that reflects their personality, their passions and their emotions.

25 years of exclusivity

p

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B r a k i n g n e w s

he new BMW 3 Series sedan will go on sale in the Middle East at the end of February 2012, says BMW Group Mid-dle East. With 12.5 million

cars already sold since its launch in 1975, the 3 Series continues to be BMW Group’s best-selling model series.

The new powerful design elements in-clude a new BMW face, with flat headlights reaching along as far as the BMW kidney grille. Overall, there has been an increase in length, width and wheelbase compared to the predecessor model, giving the car an

elegant and athletic silhouette.

A choice of two pow-erful four-cylinder en-gines, 335i and 328i with an eight-speed automatic gearbox and twin power turbo technology will make the new 3 Series more economical and low-er in pollutant emissions. BMW efficient dynamics technology includes the new driving experience control switch which allows the driver to choose between sporty, ultra sporty, comfortable and extremely

economical driving. The Series also offers the latest-generation full-colour head-up display which projects key information in 3D onto the windscreen, and the surround view with side view and top view which gives a bird’s-eye perspective of the vehicle and the area around it.

new year, new series

t

uring the 2011 Middle East Motor Awards (MEMA) held at Expo Centre Sharjah UAE, Jaguar Land Rover scooped prestigious awards for two of

its models – ‘Best Luxury SUV’ for its Range Rover while XJ won the ‘Best Luxury Car’.

Land Rover MENAP, Marketing Manager, Jean Atik commented, “We are very proud to have received this award for the flagship and most luxurious SUV on our fleet, which is recognised by such an esteemed body as the MEMA. This award demonstrates our brand appreciation across the region and

our efforts in building the ultimate vehicle that combines the ultimate in off-road ca-pability with unparalleled luxury.”

The Range Rover’s 5.0-litre, 510bhp su-percharged and 375bhp naturally aspirat-ed LR-V8s deliver supreme performance. Equipped with the latest direct fuel injec-tion systems, these engines provide out-standing levels of power and torque. The supercharged V8 can rush to 100kph in a mere 6.2 seconds. Meanwhile, XJ boasts of the most advanced, powerful and efficient Jaguar powertrains ever. Powered by the 5.0-litre naturally aspirated V8 and 5.0-litre supercharged V8, the Jaguar XJ comprises 470 and 510 hp versions of the supercharged engine to deliver exemplary performance.

Jaguar chases two motor awards

d

A porsche TreAT for The locAl mediAthe first ever porsche media test run took place in qatar on december 10 when lo-

cal media took part in an exciting day of driving the range, in an event conducted

by porsche centre doha, al boraq automobiles; and hosted by the grand hyatt

doha. a fully-fledged fleet of porsche models was in the line-up starting from the

current boxster and cayman s generation to high-performance sports cars such

as the legendary 911 carrera s cabriolet, the luxurious panamera models in both v6

and v8 variants, and the new porsche cayenne.

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Luxury rEdEfinEdal Gassar resort

Pachler, Chief Operating Officer at Resorts Development Company, the master devel-oper behind Al Gassar Resort, brings with him a wealth of experience and not all of it is limited to the hospitality sector. He has used his business acumen working across sectors, with 20 years invested in the hos-pitality sector. In this time he has worked for prestigious hotelier groups, such as the Mandarin Oriental Group, Marriott Ho-tels and Resorts and Grand Metropolitan Hotels.

For Pachler, the most exciting ingredient in his versatile and extensive work experi-ence around the globe is the opportunity to work across cultures.

“You do not have to reinvent the wheel but the wheel is geared to run differently in different cultures,” says Pachler. “It is the people and the business that make the job more exciting for me as it is never the same from day to day. This is especially so in the

hospitality industry and it makes me keep doing the same work without it ever being the same. Opening a hotel in Asia is not the same as opening one in Europe. And that makes my job so interesting.

“In the hospitality industry, you are try-ing to sell the latest standards in luxury and comforts while at the same time wrapping it around history and traditions and a bit around environment too. And Al Gassar Re-sort has all these ingredients to make it one of the most interesting landmarks in Qatar.

“We are definitely excited about the opening of Al Gassar Resort early next year. This amazing development has it all, from the luxurious St Regis Hotel, to residential options, an extravagant ballroom, a range of F&B (food and beverage) choices and a variety of community offerings. This, with a dream lifestyle of unparalleled elegance and luxury, is a good mix of a holiday envi-ronment with all the comforts of business.”

Pachler added.The Al Gassar Towers are difficult to

miss, with distinct Arabic features; the sand brown towers are in close proximity to Ka-tara Cultural Village and takes full advan-tage of the beachfront that Doha’s coastline has to offer.

Behind the hotel, which is the centre piece of the development, looms the tri-ple-towered residences, with two parallel, towered wings. The tallest of the three tow-ers acts as a focal point, positioned centre stage behind the two wings. With a range of executive apartments available, from business bachelor quarters to opulent fam-ily spaces with as many as five bedrooms, the Al Gassar Resort promises to provide “unmatched luxury”.

The main circular tower has a mix of one, two, three and four bedroom apart-ments with five-bedroom penthouses and a dedicated external swimming pool.

Wolfgang B y S i n d h u n a i r

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Luxury has become more of a figurative term and is still the most used adjective when describing new entrants in the Qa-tari hospitality market. Any brand that opens its doors to the Doha clientele comes with this flamboyant tag!

But when it is comes to hospitality, there is no looking further than St Re-gis, promises Tareq Derbas, General Manager of The St Regis Doha.

St Regis is a brand steeped in history with over 100 years in service and it has experienced remarkable growth, spread-ing its wings around the world, in such coveted locations as New York, Singa-pore, London, Rome, Bali and now in the Middle East.So what are the attributes of St Regis Doha that classifies it as the “best in luxury”? “One of the services that is a signature of the St Regis heritage is our butler service, which will be available to all guests of the hotel. The St Regis butlers will take care of all the personal needs of the guests, from the pressing of their suits to act-ing as their shopping guide. The St Regis Doha has recruited professional butlers from around the world, and is train-ing them to offer the unique standard of service.

"With its focus on bespoke luxury, the hotel will add a distinctive new element to Qatar’s hospitality scene.”

Other feature that make the St Regis special, according to Derbas, is the world class selection of restaurants, bars & lounges within the hotel.

“Ten venues including two Gordon Ramsay restaurants, Hakkasan, Jazz at Lincoln Center and Al Sultan Brahim will open within the hotel."

With over 4,000 sqm of event space, eight meeting rooms including the largest ballroom in Doha with natural daylight and a terrace with extensive views over the Arabian Gulf, this is an ideal place to host a meeting, exhibition, wedding, social event or conference. The Grand Ballroom can accommodate up to 1,100 people for a dinner. The Remede spa, the exclusive private beach and ocean-front cabanas all help the hotel to deliver what it promises.

But does the tourism sector in Qatar demand such additions?

Derbas feels that every new addition in

the sector creates its own market.“With so many high-profile events on

the calendar, the country has the need for more such international brands.”

Derbas has vast experience in the luxu-ry hospitality sector, working for around 10 years in the US before moving to the Middle East. He was with the Starwood group for five years before moving to Four Seasons where he helped open three new hotels in the region, then moved on to become the Hotel Manager at Burj Al Arab until his latest move to St Regis, all of which counts to a total of 13 years in the region.

“The market is getting sophisticated. People here understand what good ser-vice is all about and they always appreci-ate it and this makes them come back for more.”

One thing that distinguishes his stint in two completely different markets (the US and the Middle East) is the experience of working with a diverse work force.

“The key to success in any hospital-ity segment is to take care of not just the customers but also of the people who we work with.”

On the room rates, Derbas insists that the St Regis will be at a slight pre-mium above the competition but not far from it.

“It will be value for money consider-ing its premium facilities, the airport pickup in a Rolls Royce and of course, the signature St Regis butler service.”

the centrepiece st regis doha hotel

With around 422 luxuriously furnished apartments available in the northern tower and east and west twin towers, residents of Al Gassar Resort will have a lot of choice.

“The amazing community has been de-signed for residents looking for a hotel-style living experience with a customised service in their own home. To have signa-ture restaurants at walking distance from your apartment is another plus point for the residents.”

So is this part of the country’s ‘sprucing up programme’ for the World Cup 2022?

“No, this is not just for one big event; this is part of the development of the country, as a long-term investment. For a country that is making progress in all fields of knowledge, sports and entertainment, it is natural that its residential options increase to embrace top-notch luxury offerings. Qatar has plans to develop itself as a high-quality tourist destination and these are the steps in that process. From what I hear, it is quality that is being stressed here not quantity.”

“Each country has its own USP (unique selling point); Egypt has its antiquity, it’s ancient history; the Gulf, like Abu Dhabi, has its horse-racing experience; Dubai is the oldest tourist destination and has im-proved a lot over the years; while Qatar has its special magic, with stress on high qual-ity luxury services, be it consumer goods, residential offerings and even hospitality services.”

According to Pachler, at Al Gassar Resort, it is discreet luxury that makes its mark backed by its unique architectural features, its location and top-notch service that will soon be on offer for Doha residents.

wolfgAng pAchler, chief operating officer at resorts development company

TAreQ derbAs,general manager of the st regis doha

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bEacon of GLorybEacon of GLory

tall and proud in the 250-hectare Aspire City, The Torch-Doha Hotel had its soft opening last month, offering guests a unique 5-star experience. A 70% occupancy rate already suggests a promising start. “But it hasn’t been an easy task,” says Gerhard Fol-tin, General Manager. “It takes at least six months of preparation before the hotel is ready to open. You have to train the staff ac-cordingly and see if they fit in well or not.”

Two major factors work in the hotel’s favour. “Given the traffic in this part of the city, people are glad that we have opened a hotel here,” says Foltin. This also means fewer competition as the next closest ho-

tels would be the Ramada and La Cigale on C Ring road. With several 4-and 5-star hotels predominantly lodged at West Bay, what this part of the city lacked was a luxu-ry hotel, especially with several businesses springing up in and around the Aspire City.

Another advantage that Foltin quickly adds is the hotel’s close proximity to the Villaggio Mall. “We have constructed an air-conditioned bridge that connects the hotel directly to the mall. Many of our guests use this facility, and can spend their day shopping in the mall.”

Sport SupportThe Torch has had a memorable stint in the sports arena. Back in 2006, one could recall how H.H. Sheikh Mohammed Bin Hamad

Who Would have expeCted the 300m toWer next to the villaggio mall, WhiCh held the flame for the 2006 asian games, to Be the next 5-star hotel in the City’s luxury market? Well, gerhard foltin, general manager of the torCh - doha, for one, kneW it right from the start. he noW takes it upon himself to let people knoW What the toWer’s all aBout.

whAT The Torch offers: 167 modern rooms and suites with

state-of-the-art technologies.

three signature restaurants

namely flying carpet on meZZa-

nine 2 level offering internation-

al cuisine and live cooking, three

sixty on the 47th floor serving

mediterranean cuisine, and pan-

orama on the 50th floor serving

cuisine from the far east.

four-level spa centre including

the swimming pool, sauna, gym and

a spa lounge.

meeting rooms that can accom-

modate small business events to

large corporate events.

B y c a S S e y o l i V e i r a

Standing

gerhArd folTin, general manager

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Al-Thani lit up the giant cauldron whose flame was then transferred electronically to the Aspire Tower, to mark the start of the Asian Games. The hotel plans on continuing its support to sports in the country by doing what it does best – playing perfect hosts to local and international sports enthusiasts.

“Last month we had the Australian Na-tional Football team staying here. In Janu-ary 2012, we will be having two German teams here for the Winter Camp Tour-nament,” says Foltin. “But it’s not only sportspersons, we also have a lot of busi-nessmen coming in, especially those who are having their businesses in this part of the city and they are starting to re-visit us,” he continues.

The hotel’s decor also incorporates sports-inspired elements in innovative ways. For instance, sit in the lobby and you would see beautiful Arabic calligraphy etched on the pillars of the lounge that say a thing or two about sportsmanship. The hotel’s rooms too exude a subtle sporty feel. “The Torch – Doha is a sports-oriented hotel,” says Foltin.

Amazing conceptsFoltin is impressed with how the hotel has shaped up. It’s a unique hotel after all, and we are not talking of the exterior design alone. The lobby is 16 floors high. The por-tion that one sees jutting out of the twen-tieth floor is actually a cantilevered swim-ming pool, 80 metres high. “You will be able to look at the tip of the hotel – the torch – from here. It’s beautiful,” he says.

The hotel’s restaurants too are a class apart. The Flying Carpet, an all-day dining restaurant, has a motley of huge beautiful carpets suspended from the ceiling, hence the name. Another restaurant, the Three

Sixty, is a unique revolving restaurant lo-cated on the forty-seventh floor that offers a breathtaking 360 degree panoramic view of the city while you dine.

What more, “whichever room you stay in, we promise you a fantastic view of the city by day or by night,” Foltin assures.

Brand HandlingFoltin has had a history of working with some iconic brands in the country; The Sheraton which was the first hotel in Qatar and now The Torch – the tallest tower ho-tel in the country. In fact, there aren’t just brands but landmarks adorning the city’s landscape – the former is a pyramid on the shores of Doha Bay while the latter is a co-lossal torch-shaped tower in the Aspire city. “The Sheraton, for me, is still a very striking place. Being a pyramid, you can see it from any angle. The hotel also houses some of the biggest meeting and conference rooms in the city. We have had numerous confer-ences over the years,” says the man who has been involved with the city’s two most cher-ished shapes.

"In Sheraton, we used to walk horizontal-ly from one room to another; in The Torch, I have to walk vertically,” he quips. Adjust-ing to the height is another thing – reaching the fiftieth floor means scanning a height of 300metre. “In 40 seconds the elevator reaches you to the lobby again; your ears have to get used to the sudden change in altitude pressure!”

While the Sheraton is a part of one of the world’s largest hotel companies – Starwood Hotels and Resorts, Torch is a sole hotel owned by the Aspire Zone Foundation. “There are plans of expanding The Torch hotel chain in the country. This is just the beginning,” says Foltin

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marketwatch

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he Green Box unveiled its newly refurbished web-site www.thegreenbox.me at a colourful reception at Dalloyau-The Pearl.

The new website now has a better overview of all the company's products and each product’s

details, easier access to all sections, an updated list of new and healthy products and an option of customised online shopping for fruits and vegetables. The Green Box is Qatar’s first and ex-

clusive weekly fresh fruit, vegetable and poultry online shop and home delivery service. The products are freshly imported from Europe and Belgium. The Green Box also declared its partnership with Dalloyau-The Pearl and introduced its Well-ness Team that includes Nicole Van Hattem, Health Coach and Wellness Corporate Consultant from Art of Abundant Living; Julie Bucks, Health Expert from Mater; and The Green Box cooking expert Gill Johnsen.

84luxury redefined: al gassar resort

bdullah Abdulghani & Bros Co WLL (AAB) has offi-cially announced its partnership with Godrej Secu-rity Solutions, one of the leading safe manufactur-ing companies in Asia.

AAB was founded in 1958 by one of Qatar’s pio-neering business families and is considered a leader in the auto-mobile market. The company also runs a heavy equipment divi-sion that provides sales and after sales services for a wide range of construction, industrial machinery and general products needed by various industries.

Meanwhile, Godrej was established 114 years ago and is one of the largest privately owned business houses in India, having an extremely diversified product portfolio ranging from animal feed to rocket engines. Godrej Security Solutions (GSS), a part of the Godrej conglomerate, is one of the largest and finest manufactur-ers of physical security products in Asia. It is the only brand in the security industry to have won the most coveted ‘super brand’ status.

GSS, Head of Middle East Countries, Ratan Thapa remarked that Qatar is a promising market in Middle East, and the FIFA 2022 announcement has made the country more vibrant for in-vestment opportunities. “Godrej is proud to associate with AAB as we share similar values. AAB is one of the leaders in the busi-ness community, contributing to the national cause by actively participating in the country’s economic, social and cultural activ-ities. The infrastructure of AAB is in place with dedicated teams for sales and service. Our products are widely used in Qatar by customers in the banking segments, financial sectors, jewellery, corporates, hotels and residences. Our vision is to be the market leader in Qatar for the safe business within three years, and we are confident to achieve this as AAB has maintained the No. 1 po-sition in the automobile industry in Qatar with a solid reputation established over 40 years.”

a

n

t

Qatar gets ‘safe’

nokia’s latest smartphones

okia’s range of new phones offers you a smarter smartphone experience, according to Anil Ma-hajan, COO, CGC. The Nokia 603, 700 and 701 bring you a revolutionary way to connect to your world.

nokiA 603 – colourful smArTphonethe phone comes with six colourful homescreens to customise

your screen. a clear black display makes you see everything on

the bold and bright screen, in any conditions. with nfc technology,

sharing photos and videos just needs a tap.

nokiA 700 – smAllesT smArTphoneit’s the perfect siZe to fit in your pocket or in your clutch bag.

the nokia 700 is elegant and stylish and comes with a scratch-

resistant and smudge-free screen. its fast internet connection and

browsing speeds help you stay connected round-the-clock. the

model also offers many essential apps and services including nfc

technology.

nokiA 701 – brighTesT smArTphonethe phone boasts a quick responsive touchscreen and 1 ghZ proces-

sor for smoother web browsing and faster downloads. a clear

black glass display delivers the sharpest pictures and satin-tex-

ture stainless steel provides durability. loaded with nfc technol-

ogy, nokia 701 provides a quick way to connect, share, pay and play.

a healthy launch

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orth America’s successful restaurant chain Tim Hortons opened the doors of its fourth cafe and bake shop in the UAE at the Jumeirah Beach Resi-dence to a bunch of excited fans. Speaking of the brand’s entry to the UAE, Tim Hortons Chairman

of the Board, Paul D House, said, “The UAE provides us with an ideal launch venue for our international expansion, with its di-verse population, emerging market and openness to new concepts and brands. We have been impressed by the reception we have re-ceived from the Dubai and Abu Dhabi markets so far.

“We know that customers are always looking for good quality combined with value-priced dining options. Our ‘Always Brewing, Always Baking’ commitment is designed to serve our guests with the freshest baked goods and premium coffee, in every location,

every time.”Tim Hortons will bring its freshly baked and freshly brewed

products to the region’s residential and commercial communities, aiming for 120 restaurants. Each restaurant will be baking its own baked goods that include the freshest of doughnuts, cookies, muf-fins, bagels and sandwiches. It also provides meals ranging from breakfast to lunch and evening meals, as well as snacks and take-away products.

Nilesh Ved, Chairman and CEO of Apparel Group, who hold the master licence agreement for the brand, said, “Tim Hortons works well for those who are looking for a food offering that blends qual-ity service with value pricing and the convenience of a coffee shop. We believe that the UAE offers an ideal environment to grow the brand’s popularity to the other Gulf states, and we are continuing to search for additional sites.”

tim hortons outlets across the uae

n

pen power

ine writing just got bolder and more beautiful with Parker’s next-generation 5th Technology pens. With a cutting-edge refill tip and an en-graved metallic hood, these pens offer the su-perior experience of a soft writing feel.

The Parker Ingenuity Collection has been created for exclu-sive use with the Parker 5th Technology. It comes in two sizes, bold large and elegant slim, drawing design inspiration from the latest premium trends. The mix of metal and texturised soft-touch rubber with ring detailing offers a breakthrough pen design. The fine finish is done in shades of subtle pearl lac-quer, deep metallic pink gold, sleek chrome and classic black lacquer.

The Parker Ingenuity Classic Collection is again a mix of large and slim models that are given the classic elegant look with either chrome or gold trims. Makes you want to write over and over again.

G Electronics (LG) has introduced in Qatar its new robotic vacuum cleaner Hom-Bot 2.0 that delivers an outstanding cleaning power and is very conven-ient to use.

The Hom-Bot 2.0’s Dual Eye Camera Sensor sys-tem is the first and only one of its kind in the vacuum cleaner busi-ness. The camera mapping system uses one lens on top of the body and a second lens on the bottom to obtain a much wider range of vision. The upper camera also simultaneously maps and stores house floor plans, while the lower camera incorporates an opti-cal flow sensor to capture surface images at high speed and report obstacles. The two cameras combined allow the vacuum cleaner to calculate distance information and plot courses that maximise cleaning efficiency while saving customers time. Course selection is further assisted through the Hom-Bot 2.0’s ultrasonic and in-frared sensors, which identify obstacles in real time, helping the cleaner avoid the bump-and-retreat action that plagues other ro-botic systems.

The vacuum’s battery system includes a Li-polymer battery that has a longer life cycle than conventional batteries.

l

lg offers smart cleaning

f

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atar National Day was cele-brated with a colourful mili-tary parade on the Corniche on December 18.

Hundreds of residents lined up to witness the parade, which fea-tured a large number of marching platoons and new armoured vehicles.

Proud residents and expatriates joined together throughout the country to cele-brate National Day, marking what has been another successful year of growth for Qatar.On the Corniche, where the main festivi-ties for the day were hosted, people from all over the world braved the cold to enjoy the firework display at night and take in some

of the other activities, such as the classic car exhibition and the dhow laser shows.

Beginning with the traditional national parade in the morning, National Day pro-vided another memorable occasion for all its residents. A captivating air show featuring a series of fighter planes which zoomed past emitting smoke trails in the national colours of maroon and white was among the high-points of the celebrations.

Sorties by parachute jumpers from the armed forces were equally remarkable and left many awestruck. The jumpers made their landings on the spacious lawns in the precincts of the Emiri Diwan. In another im-pressive display, a brand new Qatar Airways

aircraft flew past the parade zone at low alti-tude towards the end of the show of military vehicles.

There was also a march-past featuring contingents from the Army, Navy, Air Force, Coast Guard, Internal Security Force, Civil Defence, Heritage Police, and cadets of train-ing institutes and other academies, as well as Scouts and schoolchildren.

The sky above Doha sparkled with Qatar’s national colours, as maroon and gold fire-works soared above the Corniche, an excit-ing climax to the National Day celebrations.The display, which lasted 12 minutes, lit up the night sky with a dazzling array of some of the best fireworks in the world

d o h a d i a r y

naTionaL day: a day of joy and uniTy

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d o h a d i a r y

n the presence of HH Sheikha Moza bint Nasser, QF Chairperson, the 4th Reach Out To Asia (ROTA) Gala dinner and charity auction raised QR 47.32 million ($13 million) to support ROTA education projects in troubled Asian communities.

ROTA Chairperson Sheikha Al Mayassa bint Hamad Al-Thani presented the ROTA Lifetime Achievement Award to HE Abdulla bin Hamad Al-Attiyah, Deputy Prime Minis-ter, in recognition of his outstanding dedication and commit-ment to Qatar’s progress. “His Excellency is an example to us and a proof that hard work, dedication and bold vision can create a stable, and progressive society,” said Sheikha Mayassa. The

glittering event at Doha’s Katara welcomed 500 international VIPs, dignitaries and celebrities. Bringing glamour to the night were HRH Prince Waleed bin Talal and HRH Princess Amira Al Taweel, the Aus-trian President and his spouse, Hayat Al Fahed, Hussein Al Jassmi, Nawal, Nasser Al-Attiyah, Djamel Bouras, Khaled Mouzanar, Bader Jaffar and Olympic decathlon gold medallist, Bryan Clay from the US and the master of ceremonies was five-time Olympian Charmaine Crooks.

The guests were introduced to Shahzad, one of 3,000 Pakistani youth who participated in ROTA’s ‘Generation Amazing’ foot-ball development programme in partnership with the Qatar2022 bid committee, who delivered an emotional speech recounting

i

rota gala dinner: a grand success

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rota gala dinner: a grand success

his experiences gained from this programme. Sheikh Mohammed bin Abdullah Al-Thani, ROTA Ambassador,

commented in his recorded testimonial shown at the event, on the role that ROTA plays in empowering youth: “I achieve my personal goals through natural ambition and by giving myself the right tools to fulfil those aims. In the same way, ROTA believes and recognises that youth are the vehicles of change for our communities.” UAE singer-composer and UN Ambassador-at-large, Hussein Al-Jassmi and Grammy Award-winning Korean soprano Sumi Jo gave superla-tive performances to entertain the privileged audience.

The charity auction at the end of the show was managed by the auction house Sotheby’s and was conducted by Lord Poltimore,

Sotheby’s Europe Deputy Chairman. Guests took the opportunity to purchase several unique auction

items including a Porsche Panamera 4S Middle East Edition, a set of astonishing earrings donated personally by actress Angelina Jo-lie, VIP tickets for the FC Barcelona versus Real Madrid ‘El Clasico’ football match and works of art by acclaimed artists Richard Serra, Damien Hirst, Cai Guo Qiang, Matthew Day Jackson and Yousef Ah-mad. In addition, a work of art by children with special needs from Qatar’s Al Koora Art project was auctioned off.

The 4th ROTA Gala Dinner enjoyed the support of: Msheireb Properties as the event Gold Sponsor, Qatar Petroleum as the Silver Sponsor, and Qatar Vinyl Company Limited as the Bronze Sponsor.

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atar Businesswomen Asso-ciation recently held the Qa-tar Business Women Award honouring eight elite Qatari women in both professional

and business categories.The Award ceremony was held at the

Four Seasons Hotel under the auspices of HH Sheikha Moza Bint Nasser, Chair of Qatar Foundation for Education, Science and Community Development.

The ceremony was a culmination of a long process of preparations, training, and assessment after the high demand seen in the award by business and professional women in Qatar and after the applications were assessed against five criteria that were at the same time subject for the workshops provided for women to qualify for the award.

nder the patronage of HH Sheikh Hamad Bin Khalifa Al Thani, the Emir of Qatar, Katara, the Cultural Vil-lage celebrated the opening

of its amphi-theatre on December 11. The opening was marked by a magnificent live performance by world renowned Greek composer, Vangelis. Best known for his iconic, award-winning musical score for the film Chariots of Fire, Vangelis is regarded as one of the greatest composers of electronic music of all time.

In honour of the 4th UN Alliances of Civ-ilization Forum, the grand opening hosted by Oscar-winner Jeremy Irons featured Vangelis’ original three-part Choral Fanta-sy, inspired by a message of hope. Gert Hof, the world’s greatest light artist, enchanted the audience and painted the skies to the alluring sounds of Vangelis.

President of Katara, Abdulrahman Al-Khulaifi said during the announcement of the opening, "Since opening, Katara has not only provided a platform for aspiring artists and musicians but also introduced Qatar to world-renowned musicians and perform-ers. As home to one of the largest open air amphitheatres in the Middle East, Katara is dedicated to showcasing the diverse cul-tures of the world and the Amphitheatre provides the perfect stage for international and local artists.”

doha diary

100top it trends in 2012

he Pearl-Qatar played host to a high-octane world of ex-treme sports on December 9, 2011, for the second suc-cessful “Wake The Pearl-

Qatar” wakeboarding event.The day-long action-packed event wit-

nessed a professional demonstration of the high-energy sport which has taken the world by storm, as well as a hands-on

workshop conducted by professional wake-boarder Duncan Zuur covering “tricks” and “kickers” for the aerial jumps.

Qatari Businesswomen awarded

extreme sports at the pearl

t

u

Qkatara amphitheatre open to the puBlicQBwa winners are:

2011 QbwA innovATion

winner:

dalia ahmed al khalaf,

enterprise qatar

2011 QbwA communiTy conTribuTion And

pArTicipATion winner:

amal abdulla al aathem,

art co-ordinator & qatari

conceptual artist

2011 QbwA cAreer AchievemenT

winner:

mashael abdul aZiZ al derham,

qatar islamic bank, (qib)

The 2011 leAdership criTeriA winner is:

abeer noaman al emadi,

international bank of qatar

2011 QbwA fuTure goAls And finAnciAl

performAnce criTeriA winner:

sharoq ibrahim almalki,

qatar museums authority

2011 QbwA business winner:

noor ajlan al kuwari,

kro-k interior design

2011 QbwA professionAl

runner-up:

sheikha najlaa binta jabor bin

jassim al thani, dolphin energy.

2011 QbwA professionAl winner:

dr hayat khalil hassan naZar heji,

al noor institute for the blind

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j a n u a r y 2 0 1 2 Qatar today 10 1

n a bid to promote a healthy lifestyle among the youth, The Youth Company (TYC) organised a week long fes-tival ‘Run the World’ with a

message of good and healthy fun. The Ka-tara Cultural Village was left buzzing with live music, dance, games and other per-formances by over 200 local and interna-tional youth in the first, and largest, festival handled by the youth, for the youth. ‘Run the World’ is also the first culturally themed youth festival, based on the idea of spread-ing the traditions and themes of other cul-tures, promote fitness, sports, healthy life-style and civic engagement.

In line with the theme for this year, activi-ties included photo and film exhibitions and contests, educational conferences, beach activities, a track marathon, parkour dem-

onstrations, human foosball, break dancing and skateboarding demonstrations, kite fly-ing, open graffiti, a talent show, and various short contests. Throughout the weekend, different health and medical associations such as Queen Medical, Qatar Diabetic As-sociation, Qatar Recreation Centre and Ha-mad Medical Corporation offered visitors free consultancy for problems connected with youth and their health. The festival’s campaign also raised an important mes-

sage for the country’s youth to adopt a healthier and active lifestyle, given that Qatar has recently been labelled as having high rates of obesity and diabetes.

The festival was hosted by Katara Cul-tural Village and powered by the Qatar Museum Authority. With the success of its first attempt, TYC is hoping to make this an annual festival and create a platform for future events and opportunities in the country.

eliopolis, a subsidiary of Al Faisal Holding specialising in food service and distribu-tion, celebrated the opening

of its first restaurant, Tiffany’s in Merweb Al Sadd Hotel.

Jurgen Scharkosi, Managing Director of Deliopolis, said: “At Deliopolis, we are always aiming to expand and develop our business. So opening our own restaurant where people can experience the quality of food and service we provide is a very impor-tant step for us. Tiffany’s is the new jewel amongst restaurants in Doha and essen-tially designed as a European restaurant.

Our goal is to offer an ever-changing vari-ety of tasty and healthy foods and beverag-es in pleasant surroundings at a reasonable price with pleasant and friendly staff. "

he official opening of Voda-fone Qatar’s playground was celebrated with a public fun- packed family day attended by many children and their

families. The playground is built on the pub-lic park located next to the Sheraton Hotel giving every family in Qatar the opportunity to get together with their loved ones.

The MOU to build the park was signed in April this year by Vodafone and the Doha Municipality. Shortly afterwards SSK En-terprises were commissioned to build the park in adherence to American and UK safety standards, making it a safe experience

for all children. The playground features the newest and most innovative equipment in the world. The park has also been designed for wheelchair accessibility and support, making it the only park in Qatar suitable for children with special needs.

Vodafone raised more than QR2.5 mil-lion towards building the park. The money was raised as part of it's “Get Together” lo-cal calling promotion that launched during the holy month of Ramadanin 2011 and ran until 31 March. During the promotion, Vo-dafone put 1 Dirham towards funding the building of a public park for every local call a customer made.

d o h a d i a r y

i

d

t

tiffany’s opens at merweB al sadd hotel

vodafone’s gift to the community

party for a week

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top it trEnds in 2012

it environments in the middle east are Becoming increasingly complicated. the numBer of applications to manage is exploding. customers need solutions to simplify and enaBle it to refocus on transforming Business. virtualisation,

moBility, cloud computing, heightened data storage reQuirements, the digital home, personalisation, uBiQuitous data access and ever-present security concerns are fundamentally changing the way people use technology and what customers want

from their technology providers. for channel partners, profitaBility lies in specialisation. the five key areas where channels can add value to Businesses in 2012:

cloud Technology: cloud is the top trend set to have the most im-pact on channel partners in the years to come. businesses in the middle east are increasingly seeking providers who can help them navigate to the cloud, while also addressing uncer-tainties such as security and agility. channel partners and vendors should make invest-ments in this space to help customers embrace the technology and have a seamless way of evolving from on-premise to cloud capabili-ties. data is not going to migrate to the cloud en masse during 2012, but this will be an impor-tant time for businesses to prepare for the benefits of cloud computing.

inTelligenT dATA mAnAgemenT (idm): idm is one of the hot topics in the world of storage, and therefore is increasingly ap-pearing on the channels radar. intelligent data management specifically refers to the way data is managed with reference to the storage mediums it resides upon – the ‘tier-ing’ of the most demanded critical data onto the fastest easiliy accessible storage, and less demanded data to subsequent tiers of storage technology. it is a great tool for it leaders to unlock innovation while protect-ing current it investments. channel partners

that can advise on how to leverage existing infrastructure and focus new projects on innovation without driving up costs and who can help customers knit complex technolo-gies and services together successfully will be rewarded.

mobiliTy soluTions: with the consumerisation of it and the evolv-ing workforce, the need to access data any-time, anywhere will continue to increase. se-curity and control systems become ever more important in the mobile universe and channel partners that can help their customers en-sure corporate data is not compromised, even when used on personal devices for example, will continue to claim the much-hyped trust-ed advisor status.

virTuAlisATion: it is estimated that data in the digital universe will double every 18 months. approximately 95 % of that data is unstructured, as it is dif-ficult to control and manage due to it com-ing from several locations in many different forms, often in incompatible formats. even more so, 90% of the data is never used after it is created, causing organisations to pay for much more storage than they actually use.as data rapidly expands, virtualisation will

accelerate and hardware consumption will continue to be consolidated. virtualisation offers the greatest organisational control for the least cost and has emerged as a cred-ible and cost-effective alternative to tradi-tional computing, providing security benefits that are difficult to achieve with traditional systems. this will continue to be a focus for organisations in 2012.

green iT:green it is a topic that customers and part-ners will wrestle with in 2012. adopting an energy-efficient, green it infrastructure is the key to sustainable growth. in 2012 chan-nel partners will be looking at ways they can help their customers in the middle east get on the path of green it and enhanced data cen-tre efficiency. green it is not just the prom-ise of a better future, it is the realisation of lower costs today. in fact in commercial real-ity, for green it to be successful it needs to deliver on a lower cost of ownership to cus-tomers. in 2012, channel partners could look at ways to evaluate customers’ energy use by conducting an energy audit: examine the or-ganisation’s policies around efficiency and suggest specific actions businesses can put in place to improve their overall data centre efficiency.

by John coulsTon, channel programmess and operations director, reseller me

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