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Qatari Businessmen Association Newsletter نشرة رابطة رجال األعمال القطريني

Infovest Update:

As a channel for private sector advancement, our goal is to ensure the Qatari Businessmen Association adds value by assessing the degree to which businesses can leverage their effective resources for a broader economic impact, and can contribute to the economic development of Qatar.

“The State of Qatar today is a cynosure of all eyes as the successful opening of the Doha Asian Games has catapulted Qatar as the foremost destination in the region.”

What you know determines what you can do. Knowledge, planning and perseverance are the key elements to success in any business. QBA leaders continue to play a distinctive and vital role in fostering business development and expanding global partnerships in the State of Qatar to create a bridge to bring the business community closer together. To help contribute to your success Qatari Businessmen Association and The Art of Business are proud to offer you the Second Edition of The Bridge .

Second Edition

www.qataribusinessmen.org

العددالثاني

ميلك ما قدر على منا كل إمكانيات تتوقفمعرفة. له من يتوافر وما معلومات منمن السليم املعرفة والتخطيط أن أن والشكمن أي مجال في للنجاح األساسية احملدداتاألعمال رجال رابطة فإن لذا مجاالت األعمال،دور دائما لعب وحتاول متضي قدما القطرينيلتطوير مناسبة بيئة تهيئة في وفعال هاموتنميتها الدولية الشراكة نطاق وتوسيعيقرب بناء جسر على والعمل دولة قطر داخلبينهم. ويقرب القطري األعمال مجتمعاجلسر هذا إلى للوصول الطريق على وكخطوةبالتعاون القطريني األعمال رجال رابطة تفخربتقدمي عددها “ بزنس أوف آرت ذي ” مع “ The Bridge اجلسر ” إصدارها من الثاني

Building a Legacy: The Business of Sports

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دائم إرث إرساء نحوالرياضية السياحة صناعة

كقناة القطريني األعمال رجال رابطة تعمل وتهدف قطر، دولة في اخلاص للقطاعاألعمال ملجتمع عاملية قيما إلضافةأقصى حتقيق بهدف والشركات واملؤسساتفي ظل االقتصادي التقدم من ممكن قدرإلى باإلضافة موارد، من متاح هو ماوالتنمية التطور عملية في املساهمة زيادة

قطر. لدولة املستدامة

The Business of Sport Tourism


“We are keen that the flame which we extinguish tonight willcontinue to glow in our heart.”

Closing Ceremony, Doha 2006 Asian GamesSheikh Tamim bin Hamad bin Khalifa Al Thani, Heir Apparent, State of Qatar

“Eight to 10 years ago, decision-makers in Qatar asked, ‘what can we do to push the country forwards?’ The 15th Asian Games was the answer. It has worked as a major catalyst for change in a number of ways. For example all the Ministries knew that the deadline for everything to be finished was 1st December 2006,” states H.E. SheikhSaoud bin Abdul-Rahman Al Thani, Secretary General of Qatar National Olympic Committee.

Sports graduated to a business status when commercial enterprises began tapping into its mass appeal through the manipulation of sponsorships and advertisements. The multiple forms of sports have become a tool for several Gulf countries to reposition their identity on the international map and have become a major component in their economic diversification plan. “Sport has become part ofthe general strategy of transformation from socialism or controlled liberalism to the market economy, and thus openness towards the ‘liberal’ world,” explains Mahfoud Amara, Professor at the Institute for Sport and Leisure Policy, Leicestershire , United Kingdom .

With an impressive budget of $2.8 billion, the Qatari leadership invested heavily in this vision – the Doha 2006 Asian Games was an opportunity for Qatar to demonstrate to the rest of the world its ability to contribute to the history of sport in Asia; and a chance for Qatar to reiterate its loyalty to the universal values of solidarity, democracy and human rights.

The Doha 2006 Asian Games were a remarkable success that delivered on the expectation of almost all of their stakeholders, public and private. Strong partnerships and co-operation among the public and private sector organizations involved were central to the successful implementation of numerous business and tourism programs that are expected to yield substantial economic benefitsto Qatar in the near future.

Building a Legacy:

“We want to create a sports tourism industry that will attract people to use our hotels, our airline and our tourism facilities. Beyond that, with people from different areas of business coming here for sport,we will develop a valuable exchange culture – exchanging knowl-edge and ideas,” adds H.E. Sheikh Saoud.

Doha 2006 has left a legacy of world-class sporting facilities; an enhanced transport and communication infrastructure; and the Athlete Village is planned to become part of the Ministry of Public Health building and the city’s central medical complex including a new 1,000 bed hospital, medical facilities for children, orthopedics, physical medicine, a dialysis centre and a nursing home.

“The final result is that the Games will leave a major legacy interms of infrastructure, sports development, venues, event-plan-ning, knowledge and volunteerism. The 15th Asian Games has been a test for DAGOC and QNOC, but also for the whole country,” concludes H.E. Sheikh Saoud. “The legacy, therefore, is also shared by everyone in the country. It is everything that you now see in Qatar.” The greatest challenge laying ahead for Qatar is to continue to capitalize on the vast array of opportunities that the Games have delivered.

Quotes from Around the Globe:

“The numerous high level championships across a range of sport demonstrates the city’s and its people’s passion and skill for hosting top quality events that attract top athletes from around the world.”

H.H. Sheikh Tamim bin Hamad bin Khalifa Al Thani,Heir Apparent, State of Qatar

Chairman, Qatar National Olympic Committee

“We are in the Middle East, which all the media are speaking about - nuclear weapons in Iran, the situation between Israel-Palestine, a war between Lebanon and Israel, unstable situa-tion in Iraq, a very hot point here in our region. But with all this we have 45 countries participating. I think this is part of history and this will be a message for all our politicians about peace and friendship and the future of the world.”

H.E. Sheikh Ahmed Al Fahad Al Sabah, Olympic Council of Asia

“The successful staging of the Asian Games not only makes Qatar proud, but also makes the whole of Asia proud.”

Liu Peng, Chinese Sports Minister

“Before coming to Qatar, I was sure that the organization of the event would be good. But this is better than anything I expected. The 15th Asian Games Doha 2006 has left a lasting legacy in the name of sporting events.”

Manuela Canegata, AIPS delegate from Switzerland


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GCC Spotlight

Infovest Update:

Dubailand: Dubai Sports CityDubai welcomed six million tourists in 2005 representing an an-nual growth of 16%, while Dubai International Airport handled more than 25 million travelers in the same year, and all projects in Dubai strongly indicate that tourism will continue to grow ex-ponentially over the coming decade. In fact, Dubai is aggressively capitalizing on this trend and hopes to attract 15 million tourists by 2010.

Dubailand is one of the biggest construction projects in the world, to be built on more than two billion square feet of land. Dubailand already includes the biggest shopping mall in the world, The Mall of Arabia, several new five-star hotels including one built in sand dunes,an indoor ski-slope, the largest zoo in the Middle East, a modern art gallery and an ecological dome to grow vegetation in the heart of the desert. Dubailand will be home to Dubai Sports City (DSC): a $2.5 billion project sprawling over 50 million square feet - inspires to be a buzzing mini-metropolis committed to sports, a Xanadu for specta-tors.

DSC will have a dedicated cricket stadium, an outdoor multipurpose stadium for sports like football and rugby, an indoor multi-purpose stadium for sports like basketball and volleyball, and a dedicated hockey stadium. It intends to become a facility to breed champions by housing world-class sports academies that will transform young athletes into global competitors. The academies that will be located in DSC include the Manchester United Soccer Schools, Butch Harmon School of Golf, David Lloyd (Leisure, Spa, and Tennis Academies), and the International Global Cricket Academy.

The project has been promoted by the Dubai Development and Investment Authority, and is being developed and managed by the Dubai Tourism Development Company.

“DSC is a city within a city, powered by sports. Phil Knight created Nike. DSC can create a brand. Why not? Should the Government of Dubai also intend to make a bid for the Summer Olympics 2016, as I believe they will, they will have the backing of Dubai Sports City. We are confident that Dubai Sports City has the capability of staging anevent like the Olympic Games in the future”.U. Balasubramaniam, Dubai Sports City Chief Executive

Qatar a place of unimaginable growth…· State-owned Qatari Diar Real Estate and Investment Company capi-talised at US$ 1billion, and who launched the $5 billion Lusail develop-ment in North Doha, is currently in talks with the UK’s Ministry of De-fense to buy the 12.8 acre Chelsea Barracks, which is set to be vacated by the army in 2008. It has already secured agreements in Morocco for a $600 million resort in Tangier and another, costing $164 million, at Ras Al Hadd in Oman. The company has also subsequently lined up ventures in Syria, the Seychelles and two in Egypt, including the Cairo Nile Corniche Towers.

· Additions to join the hotel sector in 2007-08 include Renaissance, Marriott Courtyard, Marriott Executive Apartments, Hilton Shangri-la, Dusit Thani, Kempinski, Accor, the Taj Exotica Golf Resort and Spa in Doha and Qatar’s National Hotel’s Al Sharq Village Resort. There will also be three new hotels on The Pearl-Qatar, three at the new airport and three in the Education City; and 10 hotels on the North Beach.

· Qtel invested approximately US$138 million in new technologies, including a state-of-the-art high standard capacity network that delivered high definition television (HDTV) coverage of the Games; italso expanded the number of WiFi access points and provided a newer ‘footprint’ for wireless web access. Though 2006 marked the official endto Qtel’s monopoly it is more than likely that any new telcom operator will almost certainly need to use Qtel’s existing network infrastructure which in turn will generate additional revenue for Qtel.

· Ashghal was allocated a budget of QAR 25 billion to modernize Qatar’s infrastructure and includes mega projects such as bridges, tunnels, and construction of roads, drainage networks and other vital utilities in health education, sports and tourism. Asghal will be setting forth in 2007 the tender for the proposed causeway, the Friendship Bridge aimed at linking Qatar and Bahrain.

· To accommodate the expected influx of tourists, the new DohaInternational Airport is being constructed at an estimated cost of US$5 billion. Upon final completion, this airport will have an annual capacityof 50 million passengers. The first phase is scheduled to open in 2008.

To mark the new millennium, Qatar has embraced a major transformation drive and is investing more than US$15 billion in an array of projects including prestigious resorts, luxury hotels, cultural projects, international sports facilities and a new interna-tional gateway. Focusing on cultural tourism, under the auspices of the National Council for Culture, Arts and Heritage, 2007 is set to see the opening of Qatar’s National Library, the Museum of Islamic Arts and the Qatar Photographic Museum. Tourism growth is expected to double in the next few years, hoping to reach more than one million tourists in 2010.

“The State of Qatar today is a cynosure of all eyes as the successful opening of the Doha Asian Games has catapulted Qatar as the foremost destination in the region. This is just another aspect of the dynamic progress Qatar is making towards emerging as an investment hub and leveraging on its natural resources.”Mr. Esam Janahi, Chairman, Energy City Qatar



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جناحي عصامللطاقة قطر شركة إدارة مجلس رئيس

Ubiquitous Cities (U-City)Qtel and Korea Telecom (KT) have signed a MoU that enables the two telecommunications providers to collaborate in Qatar on infrastructure construction and IT solution delivery under a new project coined ‘Ubiquitous Cities’ (U-City). The U-City is a specially designed geographical location where all major information systems (residential, medical, business, governmental and others) share data through high-speed networks and computers that can be built into the houses, streets and office buildings.Sheikh Abdullah bin Mohammed Al Thani, Qtel’s Chariman stated: “”We have been working closely with KT on the design and construction of our recently-launched Operating Support System that we have put in place to effectively manage, monitor, configure and provision our entire transmissionand video network. This was initially done for the Asian Games but we are now ready to move on to the next phase which is to roll this out into key areas in Qatar.” U-City projects will include Pearl Island, Lusail City and Smart Industrial City.

Entertainment CityEntertainment City is set to become an ‘anchor development’ for the entire Lusail project. At one million square-metres, Entertainment City will bring a mix of hospitality, leisure and recreational facilities, with complementary commercial and residential components. This $US 3 billion project set to be completed in 2009 will attract 25,000 visitors a day and will offer themeparks, themed hotels, specialty shopping, fine dining restaurants, cinemas,a theatre and other entertainment components. Various attractions within the Entertainment City ‘communities’ will include a family entertainment centre, water theme park, family natural attractions, a cineplex, theatre and a bowling alley. All segments of Entertainment City are open to investors.

Major Projects

Smart Industrial CityAl Rayyan Bank’s first global project is as the lead promoter of a new $2billion Smart Industrial City which is set to provide a major boost to the country’s technology, electronics and manufacturing sectors, with the aim of the project being to create a significant hub for technology-based industriesin Qatar and the GCC. Other elements featured in the city include a World of Electronics sales and exhibition centre, a facility for the study of improved use of materials, systems and techniques in information security and a Future City, which will provide public exhibitions on domestic, industrial and information technology. Dr Hussain Al Abdulla, Chairman of the Al Rayyan Bank said, “The project’s emphasis will be on progressive research for future industrial and domestic technologies and will ensure Qatar’s lead role in industrial development in the region. It will also be developed with a view to enhancing the contribution of technology in protecting the environment.”

“This is an exciting time for Qatar, and the development of $3 billion Entertainment City will help the country capital-ize on the wonderful international showcasing of the coun-try at the Asian games by keeping the momentum going. In less than two years, visitors to Qatar will be able to experi-ence a level of quality entertainment that the country has never been able to offer in such a scale. Highlighting thestrong regional culture it will be an un-gated facility, which aims to encourage visitors and families from the local community to explore at their leisure. Entertainment City will add momentum to Qatar’s tourism upsurge and will significantly increase the country’s attraction to visitors, inaddition to significantly increasing the hotel room stock.”Rashad Janahi, CEO of Abu Dhabi Investment House (ADIH)



This book brings together, for the first time undera single cover, international comparisons of the major topics in sports economics. Contributors are all renowned scholars of the international sports scene in Australia, New Zealand, Brazil, the Pacific Rim, North America, and Europe.The reader will find an overview of sports inparticular countries and regions along with comparisons along the major topics of economic importance. In particular, the contributions compare and contrast revenues and costs, labor

markets (restrictions and discrimination), market structures (league and association organizations) and outcomes (team profitabilityand competitive balance), and policy issues (especially competition policy). Aimed primarily at sports scholars, practicing sports professionals, and policymakers, the volume is also well suited for undergraduate sports economics, sports management, and sports law courses.

Book ReviewTitle: International Sports Economics (Comparisons Studies in Sports Economics)

Editors: Rodney Fort & John Fizel

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لالستثمار ظبي أبو بيت – التنفيذي الرئيس – جناحي راشد

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Business Bites on Sports

The Prestige Partners of the 15th Asian Games

“Qatar Airways’ biggest advantage in its association with the Games was to spread the message of our national airline as a powerful brand around the world to thousands of athletes and spectators who traveled for the first time on QatarAirways. It was our opportunity to showcase the wonderful hospitality and award-winning levels of service that we are so renowned for around the world. The 15th Asian Games Doha 2006 also had a local, regional and global TV audience of hundreds of millions of viewers, which clearly demonstrated the huge visual impact it had worldwide. Qatar Airways is growing at a phenomenal rate, averaging almost 40 per cent per year in passenger numbers and Asia is very much a focus on our expansion plans. So what better way to promote our Asian expansion than through our partnership with the biggest Asia-wide sporting event ever to be held in Qatar?”

Akbar Al Baker, CEO of Qatar Airways

“QNB’s trend to sponsor sports is derived from the Bank’s awareness of its responsibilities towards the community and its allegiance to its cornerstone values which also include growth, focus, and prosperity. It is QNB’s aim to participate fully in nourishing and developing the abilities of the youth who represent the core strength of the Qatari community, in addition to giving Qatari athletes the required moral and financial encouragement to achieve brilliant resultsand raise the Qatari flag high in international arenas. Theaccomplishments of QNB are to be viewed within the Bank’s comprehensive strategy of building, growth and solidarity. QNB is committed to and has elevated this strategy to the top of its priorities for the sake of serving Qatar and its generous people. Our aim is to lead the way not only in banking services but also in the entire boom that the country is witnessing these days. QNB will carry on sponsoring social, educational, health, and cultural activities including its cooperation with Qatar Foundation, the Social Development Center, Qatar University, and Hamad Medical Corporation.”

Ali Shareef Al Emadi, Acting Chief Executive of Qatar National Bank (QNB)

“Samsung sees the association with the 15th Asian Games as a platform to raise awareness in one of its key markets, Asia, and to demonstrate the company’s commitment to responsible corporate citizenship and global friendship. Samsung’s extensive support of sporting events, including the Asian Games, is based on its corporate values that celebrate peace, encourage friendly competition and promote unity among people of all cultures.”

Inyong Rhee, Senior Vice President and Chief Communication Officer forSamsung Electronics.



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إن يونغ زياإلدارة مجلس رئيس نائب

إلكترونيكس سامسونغ بشركة االتصاالت مكتب رئيس

في الرياضة عن الريادة أقوال

EventsQatari Businessmen Association Newsletter

نشرة رابطة رجال األعمال القطرينيQatari Businessmen Association Newsletter

نشرة رابطة رجال األعمال القطريني

Asian Showcase4th January 2007

٢٠٠٧ يناير – الرابع املعرض اآلسيوي

Visit of a German Delegation To QBA PremisesJanuary 2007

٢٠٠٧ يناير الرابطة ملقر األملاني زيارة الوفد

Launching Ceremony for the “Business Gateway to Qatar,” QBA Premises

January 2007

الرابطة مقر في لألعمال“ قطر ”بوابة كتاب إصدار حفل ٢٠٠٧ يناير

Arab-Greek Economic Forum, GreeceJanuary 2007

- اليونان االقتصادي العربي اليواني املنتدى ٢٠٠٧ يناير

MOU Signing Ceremony Between QBA and Abu Dhabi’s Chamber of Commerce and Industry, UAE 5th February 2007

ظبي أبو وصناعة جتارة وغرفة الرابطة بني تفاهم توقيع مذكرة فبراير ٢٠٠٧



األنشطة

Macedonian Deputy Prime Minister and Delegation Visit to QBA

20th February 2007

الرابطة ملقر له الوفد املرافق وزراء مقدونيا و زيارة نائب رئيسفبراير٢٠٠٧

MOU Signing Ceremony Between QBA and The German Industry & Commerce Office

5th February 2007

فبراير٢٠٠٧ أملانيا وصناعة جتارة وغرفة الرابطة بني تفاهم توقيع مذكرة

2nd Networking Event For Financial Professionals 28th February 2007

فبراير٢٠٠٧ واألعمال املال خلبراء الثاني امللتقى

Second Qatar Korea Business Forum 28th March 2007

٢٠٠٧ مارس الكوري الثاني القطري االقتصادي امللتقى

Special Luncheon For Italian Business Delegation3rd April 2007

٢٠٠٧ أبريل األعمال اإليطالي وفد شرف على خاص غداء

إدارة معلومات النفط والغازكيفية تعزيز أداء املشروعات باالستفادة القصوى من أنظمة إدارة املعلومات والبيانات

٢٩ أبريل – ٢ مايو ٢٠٠٧

الدورة اخلمسون للمنتدى االقتصادي العربي بيروت ،لبنان ٤-٥ مايو ٢٠٠٧

مؤمتر التعليم اخلاص الثالث التحديات والفرص والتدخل املبكر – جامعة قطر ١٢ – ١٣ مايو ٢٠٠٧

منتدى قطر االقتصادي الثاني ٢١ – ٢٢ مايو ٢٠٠٧

مشاريع قطر مركز قطر الدولي للمعارض ٢١ – ٢٤ مايو ٢٠٠٧

كوميت قطر ٢٠٠٧ معرض قطر الثالث لالتصاالت وتكنولوجيا املعلومات - ٢١ – ٢٤ مايو ٢٠٠٧

املؤمتر الدولي إلثراء روح املرأة ٢٢ مايو ٢٠٠٧

حفل االفتتاح الرسمي ملقر هيئة مركز قطر املالي ٢٧ مايو ٢٠٠٧

مؤمتر واحة قطر للعلوم والتكنولوجيا واملناقشات التقنية - ٢٠٠٧ ٣٠ مايو ٢٠٠٧

قمة دول مجلس التعاون حول توطني الوظائف, فندق فيرمونت – دبي – االمارات العربية املتحدة ١٨ – ١٩ يونيو ٢٠٠٧

املؤمتر الصيني الثاني لرجال األعمال ‘عمان – األردن ١٨-٢٠ يونيو ٢٠٠٧

قمة التمويل العاملية للغاز الطبيعي املسال ٩ – ١٢ سبتمبر ٢٠٠٧

أنشطة مستقبلية في قطر.

معالم في املسيرةاجتماع إختصاصيي التمويل

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Networking Event for Financial ProfessionalsAspiring to sustain the development of the Qatari private sector, QBA joined forces with Amwal and Qatar Financial Centre to launch a unique Networking Event for Financial Professionals series. The joint goal was to establish a local platform for networking professionals working in financial sectors geared towards enhancing the financial industry and development in Qatar. The first event was held on November 8th, 2006 and offered financial experts an opportunity to share and exchange information on finance-related topics; to increase their scope of contacts; and to provide a constructive forum to support the growth and development of financial sector in Qatar. The objectives of the Networking Event for Financial Professionals is to attract executive and managerial-level expertise in all the sub-divisions of finance so as to endeavor to provide a forum for debating and examining major trends, issues, policies, regulations and developments within the financial sector so as to contribute to the development of Qatar’s financial hub.

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Milestones

Future EventsApril 29 - May 2, 2007

Data & Knowledge Management, Oil & Gas :Empowering Business Performance By Extracting Maximum Value From Your Data and Knowledge Management Systems

4 - 5 May, 2007 50th Round of the Arab Economic Forum Beirut, Lebanon

12- 13 May, 2007 The Third Special Education Conference: Early Intervention, Challenges, Opportunities, Qatar University

21 -22 May, 2007 2nd Qatar Economic Forum

21 - 24 May, 2007 Project Qatar, Qatar International Exhibition Center (QIEC)

21 - 24 May, 2007 COMIT Qatar 2007: The 3rd Communication and Information Technology Exhibition for Qatar

22 May, 2007 Spirit of Empowerment Global Women’s Conference

27 May, 2007 QFCA Building Launch Event

30 May, 2007 QSTP TECHtalks – The 2007 Conference

18 - 19 June:, 2007 GCC Nationalisation Summit, , The Fairmont Hotel - Dubai, UAE

18 - 20 June, 2007 The Second Chinese Businessmen Conference in Amman, Jordan

9 - 12 September, 2007 Global LNG Financial Summit

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[email protected] ÊhÎµdE’G ójÈdG

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