Tuesday, Jan 23 2018 | Time 05:25 Hrs(IST)
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  • PM hosts round-table meeting with CEOs of top global companies
  • Afghanistan searches for answers to deadly hotel attack
  • Modi meets Swiss Prez, holds bilateral talks
  • Shah Rukh Khan honoured with the Crystal Award at World Economic Forum'
  • Modi meets Swiss President
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Qatar orders aid to private sector as sanctions hurt economy

DUBAI, Oct 7 (Reuters) Qatar's government announced measures to help private sector businesses on Saturday after its economy was hurt by sanctions imposed by other Arab states.
Prime Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani decided to cut rents paid by companies in Qatar's logistics zones in half during 2018 and 2019, official news agency QNA reported.
New investors in the zones will be completely exempt from paying rents for a year if they obtain building permits by certain deadlines. Qatar Development Bank, a state-founded body which lends to firms, will postpone receiving loan instalments for up to six months to facilitate industrial sector projects.
Sheikh Abdullah also told all ministries and government departments to increase their procurement of local products to 100 percent from 30 percent, if the local products meet necessary specifications and the purchases obey tender rules.
Qatar's economy expanded just 0.6 percent from a year earlier in the April-June quarter, its slowest growth since the 2009-2010 global financial crisis, after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties on June 5.
The four states accuse Doha of supporting terrorism, which Doha denies. The sanctions triggered a pull-out of deposits by Gulf states from Qatari banks, deepened a slump in real estate prices and caused a plunge of 18 percent in the stock market.
REUTERS JW0102
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Modi meets Swiss Prez, holds bilateral talks

23 Jan 2018 | 12:40 AM

Davos, Jan 22 (UNI) In his first bilateral engagement here Prime Minister Narendra Modi on Monday held first bilateral meeting with President of the Swiss Confederation Alain Berset here.

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Shah Rukh Khan honoured with the Crystal Award at World Economic Forum.

23 Jan 2018 | 12:04 AM

Davos, Jan 22 (uni) Superstar Shah Rukh Khan was tonight honoured with the 24th Crystal Award at the World Economic Forum.

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Modi meets Swiss President

23 Jan 2018 | 12:00 AM

Davos, Jan 22 (UNI) Prime Minister Narendra Modi on Monday met Swiss President Alain Berset and discussed bilateral issues.

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Dining with global CEOs, Modi will highlight India opportunites

Dining with global CEOs, Modi will highlight India opportunites

22 Jan 2018 | 8:16 PM

Davos, Jan 22 (UNI) Prime Minister Narendra Modi will pitch the new opportunities for business India now offers following policy reforms undertaken by his government during a round-table dinner he is hosting for CEOs of leading multinationals later on Monday.

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PM Modi arrives in Davos for WEF meet

PM Modi arrives in Davos for WEF meet

22 Jan 2018 | 6:42 PM

Davos, Jan 22 (UNI) Prime Minister Narendra Modi arrived here on Monday
in this Swiss Alpine resort to attend the annual meeting of 48th World Economic Forum.

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