Tuesday 23 June 2020 To advertise contact: Tel: 44557 857 ...€¦ · 23/06/2020  · Road Branch: 66038181 Mobile Contacts: Sufiyan - 66192881/Yoonus - 77813190 ARMSTRONG ... Send

Tuesday 23 June 2020 To advertise contact: Tel: 44557 857 or email: [email protected]

04 TUESDAY 23 JUNE 2020CLASSIFIEDS

SITUATION VACANT

RequiredWe are required the below

staffs for our company

Plumbers, Painter, Electrician, Mason (Plastering

����������� ����������������������� ����������� ��� ����������� Transferable visa with NOC

Contact: 44671224Or send CV: [email protected]

Required

Sales ladiesfor a children’s buotiquePreferrably Filipina with transferrable visa. Accomodation and transportaion will be provided

Interested applicants may send their CV to [email protected]

05TUESDAY 23 JUNE 2020 CLASSIFIEDS

GEM ADVERTISING & PUBLICATIONS(Overseas Newspaper Advertisements) Tel: 44442001 - GSM: 55783303

ADVERTISING OVERSEAS NEWSPAPER

ATTESTATION

CALIBRATION SERVICES

ASIA TRANSLATION & SERVICES CENTRELeading Legal Translators & Document Legalization Since 1987. Indian Certificate Attestation. Head Office: 44364555/50233133 - Al Hilal Branch: 44621334 - Salwa Road Branch: 66038181 Mobile Contacts: Sufiyan - 66192881/Yoonus - 77813190

ARMSTRONGWindow/Split/Package/Central Units. Sales, Services, Spare Parts/Window/Split & Central A/C. Annual Contracts. Mobile: 555 54 274 (Kumar)E-mail: [email protected] www.armstrongmachinery.com

A/C MAINTENANCE & SERVICES

ALWASEEM TRANSLATION & SERVICES CENTERAuthorized Translators - Company Formation and PRO Services (Opp-Karwa Bus Stat. Doha, Al-Saeed Buil.2nd Floor.) M : 50822292 / 31586616 T : 44116727 E-mail : [email protected] Web : www.alwaseemtranslation.com

BUSINESS SET-UP

HELPLINE GROUPCertificate attestation from INDIA| UK | USA | CANADA | PHILIPPINE and Gulf Countries20 Years of experience and ISO Registered CompanyHELPLINE GROUP, C Ring Road Tel:(+974)-44271100Mob: 31550149 Email: [email protected]

HELPLINE GROUPCompany Registration, Local Sponsorship, Trademark, Feasibility Study, Tax systems and PRO Services. Our branches QATAR| KUWAIT | UAE | INDIA | UK | CANADA. (formed more than 3000 companies)HELPLINE GROUP, C Ring Road Tel: (+974)-44271100MOB: 77711129 Email: [email protected]

AL HAYIKI TRANSLATION & SERVICES EST.Authorized Translation & Certificate Attestation since 1992Sofitel Complex (Mercure Hotel) Ground Floor, Office No. 25Mob: 33411150 & 33411153, Tel: 44367755 & 44181990E-mail: [email protected] Web: www.alhayikitranslation.com

QUEENS LAND SERVICESBusiness Set-up and Sponsorship. Debt Collection. Real Estate Services Mob: 77776917 E-mail: [email protected]

INVEST IN QATAR

IMMIGRATION SERVICES

HELPLINE GROUPComplete Manpower SolutionsBusiness Structure and Business PlanningTel: (+974)-44271100 Mob: 77711129 Web: helplinehrconsulting.com

HR CONSULTATION

AL SALEH GROUP(HR)Tel: 44423838Send CV to Email: [email protected]

ARMSTRONGRepairs/Spare Parts & Rentals. Power from 5KVA to 2000KVA Sales/Services/ Spare Parts & Rentals. Annual Contracts.Mobile: 555 54 274 (Kumar) E-mail: [email protected] www.armstrongmachinery.com

GENERATORS SERVICING

CLEANING AND MAINTENANCE

AL MUTWASSIT CLEANING & PEST CONTROLComplete General Cleaning For Residential & Commercial. Supply of Cleaning Staff on Contract Basis. Pest Control Services. Office: 44367555 Mob: 30029977/55875920 E-mail: [email protected]

AL SALEH CLEANING & HOSPITALITYComplete General Cleaning Services for Old & New Villas.Tel: 44423838 GSM: 55508393 - 55526943 - 50190005

CAPITAL CLEANING COMPANY W.L.L.Complete General Cleaning Services for Old and New VillasTel: 44582257 Mobile: 33189899/ 55565328E-mail: [email protected]

WOKEER INDUSTRIAL AREAFrom 150 - 200 LaborsMobile: 660 02 704 (Steve)E-mail: [email protected]

LABOUR CAMP FOR RENT

ARMSTRONG1000-4000 Gallon Tankers - Daily/Monthly/Yearly Contracts. Mobile: 660 41 449 (Neil)E-mail: [email protected].

SEWAGE & WASTE REMOVAL

SCAFFOLDING

APOLLO ENTERPRISES SCAFFOLDING DIVISIONContract/Hire/Sale - Salwa Road. Tel: 44693334 Fax: 44416274 GSM: 55521089/55560246/55536285 www.apollo-qatar.net - E-mail: [email protected]

REAL ESTATE

AL MUFTAH SERVICESTel: 44634444/44010700 Mob: 55542067/55823100 E Mail: [email protected] Website: www.rentacardoha.com

TRANSLATION

HELPLINE GROUPAuthorized Translation Centre.We speak more than 100 Languages. C Ring Road, Near by Toyota Signal Tel: (974)-44271100 Mob: 70114857 Email: [email protected]

PARTY KINGDOMNear Jaidah Flyover, Nasrallah Centre. Tel: 44353501/ 44366431

E-mail: [email protected]

PARTY ITEMS & BALLOON DECORATION

ARMSTRONGPorta Cabins/Pre-Fabricated Buildings/Toilets/Security Cabins. Fire Rated/Non Fire Rated. Mobile: 557 80 396 (Steve)E-mail: [email protected] www.iescoqatar.com.

PORTA CABINS (Sales & Rentals)

ARMSTRONGFive Peals-USA Sales/Rental Service/Cleaning, Sewage Removal. Daily/Monthly/Yearly. Mobile: 557 80 396 (Steve)E-mail: [email protected] www.iescoqatar.com.

PORTABLE & CHEMICAL TOILETS (Sales & Rentals)

MEDIA SERVICES

RENT A CAR

AL MUFTAH RENT A CARMain Office: D’ Ring Rd, T: 44634444/44010700 Branches: Airport: 44634433 Al Khor: 44113344 E Mail: [email protected] Website: www.rentacardoha.com

OASIS RENT A CARYOU RENT MORE THAN A CAR WITH OASISAllen: 6641 7354 Tel: 4413 0011 - OasisCars.com [email protected] - - Great deals on long term rentals

REGENCY FLEETS (A Regency Group Co.)Special Corporate leasing and Rental rates. Price includes Comprehensive Insurance, Maintenance, Replacement Vehicle etc. Driven by Values. E-mail: [email protected] Tel: 44433822/44554046/44554048 Fax: 44554047 Airport Branch (24hrs): Tel.: 70482655

NATIONAL - ALAMO RENT A CARCars - 4WDs - Pickups - Buses - Chauffeur Drive Call: 5547 8150, 5040 0624 Web: www.national-qatar.comE-mail: [email protected]

BUDGET RENT A CARCompetitive Rates for Car Rental & Leasing, 24/7 Airport Rental Section,Free Road Side Assistance, Easy & Fast Booking ProcessHead Office: Barwa Village T: 44325500 M: 66971703 Toll Free: 800-4627Email: [email protected] Website: www.budgetqatar.com

AL SALEH REAL ESTATETel: 44423838. Mob: 33721133 E-mail: [email protected]

HOME CARE

ARMSTRONGAblution & Event Toilets Rental, Porta Cabins, Chemical Toilets & Other Equipment Rental.Mobile : 557 80 396 (Steve) E-mail: [email protected]

EVENT RENTALS/ ABLUTIONTOILETS

MASSAGE

KOTTAKKAL AYURVEDIC MASSAGE CENTREAyurvedic Massage, Philippine & Thai Massage. Near Badriya Signal, Bin Mehmood. Tel.: 44360061 GSM: 33453697

MEDIHERB MASSAGEKerala Ayurvedic, Thai, Philippine Massage (Gents & Ladies) for back pain, body pain, arthritis etc shirodhara, steam, Moroccan Bathe, Body Scrub etc. E-Ring Road,

Near ICC Signal, Nuaija. Tel: 66167700 - 50736611

AUTHENTIC THAI MASSAGE CENTERSFB: Royal Thai Men Spa, New Slata (Men Only)www.thaimassagedoha.com, Tel: 44666145FB: Royal Thai Lady Spa, Al Waab (Ladies Only)www.royalthailadyspa.com, Tel: 44142400

WATER TANK CLEANING

AL MUTWASSIT CLEANING & PEST CONTROLKharaba st, Behind white Mosque. Fax: 443679 99 - GSM. 55875920/55860432

CAPITAL CLEANING COMPANYCleaning Water Tanks & Pest Control. GSM: 55565328/ 33189899 Tel: 44582257 E-mail: [email protected]

WOKEER INDUSTRIAL AREAAvailable Sizes: 358/415/510/830/1340 Sqm.Mobile: 660 02 704 (Steve)E-mail: [email protected]

WAREHOUSE FOR RENT

ARMSTRONGNew & Used Containers - Sales/Rental (Certified & Uncertified) Mobile: 557 80 396 (Steve)E-mail: [email protected] www.iescoqatar.com.

USED CONTAINERS (Sales & Rentals)

02 TUESDAY 23 JUNE 2020BUSINESS

Of the executives surveyed, 77 percent expect the COVID-19 pandemic to have a severe impact on the global economy, while 25 percent think it will have a significant effect on the local economy.

Mena executives plan to pursue M&A in the next 12 months despite COVID-19THE PENINSULA -DOHA

Business executives in the Middle East region are generally uncertain and cautious about the economy, their growth prospects, and their appetite to pursue M&A, as per the latest edition of the EY Global Capital Confidence Barometer (CCB). Of the executives surveyed, 77 percent expect the COVID-19 pandemic to have a severe impact on the global economy, while 25 percent think it will have a significant effect on the local economy.

However, some executives remain cautiously optimistic, and there is a general acknowl-edgement that the impact will vary by region and sector. With airlines and mobility in the region heavily impacted, and global supply chains and pro-duction disrupted, Mena respondents of the survey agree that hospitality, automotive, discretionary retail, and trans-portation will be the sectors most negatively affected by the current crisis.

Overall, half of Mena respondents agree that the pan-demic will have a minor impact on profitability and margins.

Matthew Benson (pictured), MENA Transaction Advisory Services Leader, EY, said: “Given the significant disruption caused by the crisis, Mena gov-ernments have pursued a range of initiatives to create an envi-ronment for businesses to survive through this period and

eventually thrive. While regional companies initially felt financially insulated from the pandemic due to most being well-capitalized, the large breadth and duration of the impact has forced a shift in thinking.” A more positive trend emanating from the Mena region is its emphasis on rapid digitization. The survey found that 80 percent of Mena exec-utives say that their company is already undergoing a signif-icant business and technology transformation to meet profit-ability goals, which presents opportunities in the current market. Additionally, 67 percent and 73 percent of Mena execu-tives, respectively, are re-eval-uating or taking steps to change their digital transformation and speed of automation initiatives, in response to the pandemic.

The CCB reports that 92 perccent of Mena executives are considering or making changes to their global supply chain. Mena economies rely on

imports, not only for discre-tionary goods, but also for day-to-day essentials, making them vulnerable to supply chain uncertainties.

As a result, GCC govern-ments are also considering a range of options for industries to flourish, from policy inter-ventions, to promotion of local manufacturing, to building local or regional supply chains, to creating digitally networked supply chains that are data-driven and can react to events in real time.

Although overall M&A sen-timent has decreased and per-centages are lower than the first half of 2019, 62 percent of Mena executives remain optimistic that the global M&A market will improve in the next 12 months.

In the immediate term, Mena executives in the region expect a slowdown in conven-tional M&A activity as com-panies focus on shoring up liquidity, driving cost effi-ciencies and, preserving value. However, the pandemic and

lower oil prices are expected to accelerate consolidation across sectors and sale of non-core businesses held by merchant families.

Across the region, 54 percent of Mena executives say they plan to actively pursue M&A in the next 12 months, only slightly lower than six months ago.

Of the Mena companies sur-veyed, 45 percent will use M&A to strengthen their resilience and position for recovery through bolt-on acquisitions and 30 percent for trans-formative deals that could fun-damentally reshape their business. Others that are less well-capitalized may find themselves forced to raise capital though divestments, either through full-enterprise sales processes or sale of minority stakes.

Anil Menon, MENA M&A and Equity Capital Markets Leader, EY, said: “COVID-19 is a great reset that will provide amazing acquisition opportunities. Sov-ereigns, large merchant fam-ilies and corporations are aggressively looking at tactical buying opportunities.

The established totems of capital allocation will be re-examined as many companies with weak business models curate capital sources and structure to weather the pan-demic. We expect consolidation, distress M&A, and accelerated digitization to drive deal volumes.”

Milaha partners with major Indian NGOs in their fight against COVID-19THE PENINSULA - DOHA

As part of its social commitment towards Qatar’s strategic trade partners, Milaha - Qatar’s oldest and diversified maritime & logistics conglomerate, has col-laborated with Indian non-profit organizations – Akshay-patra and Gunj to provide relief to the most vulnerable and needy sections of Indian society, who have been adversely affected by the pandemic.

The contributions from Milaha will be utilized primarily to provide daily meals, grocery packets, sanitary pads, masks and other essentials.

Commenting on the initia-tives, Milaha’s President & CEO Abdulrahman Essa Al Mannai said, “Milaha is pleased to support the efforts of its stra-tegic trade partner – India as its government works in collabo-ration with Akshaya Patra, Goonj and other NGO’s to alle-viate the plight of the most vul-nerable sections of the society. This aligns with our com-mitment to enhance our com-munity outreach programs, especially during the current circumstances, and we are already coordinating with the Indian Embassy in Doha to plan further welfare contributions. In addition, we have continued to operate direct liner services between India and Qatar despite the multitude of

challenges that have cropped up due to COVID 19 and are exploring avenues for expanding our service coverage in the subcontinent”.

The Akshaya Patra Foun-dation, founded in 2000, is based in Bangalore, Karnataka, and is one of India’s largest non-profit organizations. Based on a public-private-partnership model. With the mantra: “No child shall be deprived of edu-cation due to hunger” and a mission to feed five million people by 2025, the work of the NGO continues to transform rural villagers’ lives.

Founded in 1999 by Anshu Gupta, Delhi-based Goonj is one of India’s largest non-profit NGOs that works across India. It aims to enable poorer citizens to create their own solutions to the problem of building better livelihoods by creating new uses for old clothing and other materials.

Goonj also provides disaster relief and rehabilitation resources, such as clothing and clean water, during natural dis-asters. During the current pan-demic, the organization has been saving lives and bringing relief to the poorest and most vulnerable communities across the country, by supplying them with daily meals and groceries, masks, and other essentials through its Rahat COVID initiative.

EU presses China over trade, warns on Hong Kong law

REUTER - BRUSSELS

The European Union told China yesterday to make good on a promise to open up its economy and warned of “very negative consequences” if Beijing goes ahead with a new security law on Hong Kong that the West says will curtail basic rights.

Speaking after video calls with Chinese Premier Li Keqiang and President Xi Jinping, the EU’s chief executive and chairman said they had repeated accusations that Beijing has spread disinfor-m a t i o n a b o u t t h e coronavirus.

“The relationship between the EU and China is simultane-ously one of the most strategi-cally important and one of the most challenging that we have,” European Commission Pres-ident Ursula von der Leyen (pictured) told a news

conference. European Council Pres-

ident Charles Michel said China was not reciprocating the welcome that Chinese com-panies receive in Europe.

Calling China a partner and a rival, von der Leyen said Beijing had not followed up on a 2019 deal to allow greater access for European companies in China or drop rules requiring investors to share their know-how in Chinese joint ventures.

Even before the corona-virus pandemic worsened Sino-European ties, the EU found itself caught between China and the United States, needing both and reluctant to alienate either.

Li expressed optimism about the relationship, according to Chinese state media, saying China and the EU are more partners than com-petitors. But the EU wants to see progress on an investment agreement under negotiation since 2014. EU officials say they want to see movement in areas such as autos, biotech and micro-electronics and see Beijing limit subsidies for state-run companies.

Germany has postponed an EU leaders’ summit with Xi in September, citing the corona-virus, though diplomats said it was in part because of the impasse in investment negotiations.

France and Germany appeal for swift EU deal on coronavirus recovery aidREUTERS - BERLIN

France and Germany yesterday pressed for a quick agreement among European Union leaders on the size and payout details of a joint fund aimed at helping the hardest hit member states to recover more quickly from the coronavirus pandemic.

Speaking to reporters after talks in Berlin, German Finance Minister Olaf Scholz and his French counterpart Bruno Le Maire said they were confident that a deal on the European Recovery Fund could be reached soon, ideally at an EU summit next month.

“It’s time to decide, we have everything on the table to support our economies and the

quicker the better,” Le Maire said.

“Having strong economies in the single market is of course an advantage for all the members of the EU,” Le Maire added.

Le Maire said Germany and France both agreed that the European Recovery Fund should pay out the proposed funds of at least €500bn from 2020 until 2022 - and not until 2024 as suggested by some member states.

Scholz and Le Maire also discussed how to rescue stalled negotiations on global cor-porate taxation and interna-tional tax rules for big digital companies after the United States quit talks and stoked

fears of a new trade war. Nearly 140 countries are

involved in the talks organised by the Organisation for Eco-nomic Cooperation and Devel-opment (OECD) on the first major rewrite of global tax rules in a generation to bring them up to date for the digital era.

Scholz said he was con-fident an OECD agreement could be reached by the end of the year despite Washington’s announcement it would pull out of negotiations on a global digital services tax.

Le Maire said it was now up to the United States to explain why Washington was the only country not supporting the OECD’s joint proposal.

German Finance Minister and Vice-Chancellor Olaf Scholz (left) and his French counterpart Bruno Le Maire giving a press conference following a meeting, yesterday.

Stay-at-Home trade comes roaring back as virus cases surgeBLOOMBERG

Stocks that cater to consumers staying at home rallied yesterday amid some concern that spiking new coronavirus cases in parts of the US and abroad could shutter businesses and whipsaw spending.

Two of the largest benefici-aries of people opting to stay indoors, Netflix Inc and Zoom Video Communications Inc, touched record highs. Shares of streaming platform Roku Inc climbed as much as 4.9 percent to the highest level in more than a month, while Twilio Inc, Dropbox Inc, and Spotify Inc all outperformed the broader market.

Exercise-at-home stock Peloton Interactive Inc is also trading at a record after Stifel analyst Scott Devitt boosted his price target to $62 from $55. Wall Street estimates for the com-pany’s fiscal first quarter, ending September 30, may be conserv-ative as “shifting consumer behaviour, gym closures/social contact avoidance, and steady demand from word-of-mouth” continue, he wrote in the research note.

Meanwhile, the rising number of coronavirus cases led to pain for many travel and leisure stocks that had been seeing a bounce from recent lows. The S&P 500 Airlines Index fell as much as 3.4 percent, dragged lower by American Airlines Group Inc Cruise liners including Carnival Corp also tumbled.

Cinven plans IPO of $11.2bn Polish EBay rival AllegroBLOOMBERG

Allegro’s private equity owners are weighing an initial public offering of the Polish online auction site, people familiar with the matter said, in what could be one of the largest European share sales this year.

Cinven, Permira and Mid Europa Partners are working with Lazard Ltd on prepara-tions for the potential listing, which could value the business at about €10bn ($11.2bn), according to the people. They are considering seeking more than €2bn in the offering, the people said, asking not to be identified

because the information is private.

The private equity firms could add more banks to the deal in the coming days, the people said. Allegro’s owners plan to sell shares after the summer break, according to the people.

Allegro’s listing would be a welcome boost for the European IPO market, which is on track for the slowest first half since 2012, according to data compiled by Bloomberg. Fundraising on exchanges in the region is down 42 percent from a year earlier, even after the May listing of coffee company JDE Peet’s BV, the data show.

“The company seems to be an excellent proxy for Polish growing consumer demand. It got a turbo-boost from the lockdown,” Lukasz Wachelko, an analyst at bro-kerage Wood & Co, said by phone yesterday. “The large scale of the transaction should provide enough liquidity to attract interest from global investors.”

Deliberations are at an early stage, and details of the potential Allegro listing could change, the people said. Rep-resentatives for Allegro, Lazard and the private equity firms declined to comment.

Any deal could come close to displacing Polish

state-owned insurer PZU SA’s 2010 share sale, which raised the equivalent of €2.1bn, as the biggest-ever listing from the country, according to data compiled by Bloomberg. Allegro, a marketplace similar to EBay Inc, is among e-com-merce operators benefiting as people go online to buy eve-rything from clothes to homeware during the coro-navirus lockdowns.

The number of firms offering goods on its site has more than doubled in the past 12 months, with 15,000 new sellers joining in recent weeks, Chief Commercial Officer Damian Zaplata said at a June 3 conference.