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Fashion Brand Prada opens first store in Qatar

Qatar-PradaItalian luxury brand Prada announced the opening of its first store in Doha, Qatar a few days ago. The company is placing increased focus on the Middle East in view of the slowing Asian economy and after the region emerged as one of the winners in the first quarter 2013/14: sales in the Middle East jumped from 3.7 to 22.8 million euros.

The Prada opens first store in Qatarnew store in Doha, designed by architect Roberto Baciocchi, spreads over 545 square meters on one level and is situated in the city’s Italian-themed Villaggio Mall. On offer are the brand’s women’s and men’s ready-to-wear collections, leather goods, accessories and footwear.

The new store opening comes just about two weeks after Prada opened its first freestanding store in Osaka, Japan in July and shows the company’s ongoing orientation toward the international market. Though revenues fell in Japan by 2 percent to 79 million euros in the first quarter, this was due to negative currency fluctuation; the adjusted figures showed an increase by 12 percent.

Worldwide, Prada generates 88 percent of its revenue through retail sales, which amounted to 678.7 million euros in the first quarter, an increase by 19.1 percent. Reason enough for the company to continue its expansion in growth markets with own stores.

 

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UK to play major role in Qatar’s development

DOHA: The visiting UK Minister of State for Trade and Investment, Ian Paul Livingston (pictured), yesterday said the volume of Qatar-UK bilateral trade, which crossed the £5bn (QR30.28bn) mark in 2012, can be increased further by expanding the areas of cooperation between two countries for mutual benefits. Qatar3 “The UK and Qatar share an important trading relationship, which can be enhanced further. I am here to deepen and strengthen this relationship by encouraging trade and investments between two countries for mutual benefits,” said Livingston. Qatar’s exports to the UK in 2012 reached £3.2bn (QR19.38bn), which constituted predominantly export of Liquefied Natural Gas as UK sources about 20 percent of its domestic demand for gas from Qatar, while UK’s exports to Qatar for the same year stood at £1.8bn (QR10.68bn). According to latest figures provided by the British Embassy in Qatar, UK’s exports of goods to Qatar in 2013 increased to £1.46bn, up by 11.45 percent compared to £1.31bn in 2012. Qatar’s exports of goods to the UK stood at £2.56bn during 2013. However, the data for the exports of services for 2013 was not available. The UK is also keen to play a significant role in Qatar’s development story as the Gulf state is set undertake approximate $220bn worth of investments over the next eight to 10 years in various sectors of the economy, which include development of several mega infrastructure projects. “With the host of big infrastructure projects coming up in the run-up to the 2022 World Cup, the UK, with the wealth of expertise, particularly with the recent experience of hosting the ‘London 2012 Olympics’, which is considered as one of the most successful games in the recent history, can play a significant role. Expertise of UK companies can be used in running sport events, stadiums and their construction,” he said. “Apart from cooperation in the construction sector, there are several other areas where we can expand the relationships. For example, the UK has a lot expertise in running a large and very complex railways system, which has witnessed over 50 percent traffic growth over the last 10 years. In addition, we also have a world-class aviation industry which has a lot to contribute.” Recently there were a lot of negative reports in the international media, particularly in British press, about the treatment of construction workers in Qatar, which many believed, was motivated by the vested interests of construction lobbies to create undue pressure on the Gulf state. Asked about the authenticity of those reports, he said: “I can’t guarantee that all the reports were authentic and reliable, but what I can say is that the Qatari government has taken the issue, rather than the reports, very seriously. And we welcome the government’s intervention to improve the situation. We are very much ready to provide further assistance in terms of expertise related to health and safety of construction workers.” According to Livingston there are over 150 UK-based companies operating in Qatar, and the size of British community in the country has crossed over 20,000, which is continuing to grow with a rate of 10 percent annually. 

Source: The Peninsula and Wiki

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Qatar To Sign $50bn Projects In 2014 – Transport, Tourism and Fashion Industry

Qatar_Invest1Qatar’s government is expected to sign contracts for construction projects worth as much as $50 billion this year as it builds infrastructure needed to host the soccer World Cup in 2022, the central bank governor was quoted as saying on Tuesday. The projects will be in transport, tourism, fashion and other sectors, Sheikh Abdullah bin Saud al-Thani said at a conference held by regional media group MEED, according to the official news agency QNA.

Sheikh Abdullah did not give details of the contracts, but his comments appeared to confirm that Qatar would begin stepping up infrastructure spending sharply this year. After it won the right to host the World Cup in 2010, Qatar announced plans to spend some $140 billion on projects including a new airport, port facilities, railways, stadiums and other infrastructure.

But many projects have been slower to get started than the business community expected, apparently because of bureaucratic and planning problems. In the fiscal year that ended last March, actual government spending rose only 2.2 per cent, undershooting the budget plan for the first time since 1990. The government appears determined to pick up the pace, however, and a planning ministry report in December said state spending would climb 11.6 per cent in calendar 2014.

In 2013, among other project awards, Qatar signed four design-and-build contracts worth approximately $8.2 billion for phase one of the Doha metro. Its new airport, which cost around $15 billion to construct, is expected to open for commercial operations later this year.

Source: Gulf Business and Wall Street Journal

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Nursing Jobs in Qatar: How to spot best nursing shoes and clogs

Nursing_in_QatarOver the last decade Qatar has seen its fair share of increase in nursing profession. While nursing is a noble and well-paid profession, what often forgotten is the health hazard that comes with it. Nursing is a profession that keeps staff standing and walking about for long hours. This can be pretty hard on the feet especially when one wears the shoes that are not designed for the nursing professionals. If you are in nursing profession, it is essential to look for the best shoes made for nurses.

So, how do you go about selecting the right nursing shoes for you? We have the following tips for you that will help you selecting the shoes that is right for you.

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