ID :
656480
Tue, 03/28/2023 - 12:12
Auther :
Shortlink :
https://www.oananews.org//node/656480
The shortlink copeid
Qatari Newspapers Editorials
Doha, March 28 (QNA) - Qatari newspapers published Tuesday shed light on an array of topics, highlighting the national strategy for economic diversification, which effectively contributed to strengthening the Qatari economy, by increasing reliance on non-oil sectors and the knowledge economy by harnessing technology to achieve sustainable economic growth.
On the local issue, the newspapers highlighted the continuation of the Shura Council in its current session to discuss more vital files and issues that touch the aspirations of citizens, including benefiting from retirees, localizing the private sector, developing the education system, and promoting national values and identity in society.
The newspapers also shed light on the success achieved by Qatari diplomacy in mediating a large number of regional files and issues, as it made strenuous diplomatic and political efforts at the regional and international levels and without interfering in the internal affairs of states, to bring points of view closer and find sustainable solutions to disputes and disagreements.
Under the headline "Qatar Occupies Advanced Global Economic Position", Al-Raya newspaper emphasized in its editorial that the national strategy for economic diversification has effectively contributed to strengthening the Qatari economy, by increasing reliance on non-oil sectors and the knowledge economy by harnessing technology to achieve sustainable economic growth.
It indicated that the State of Qatar continues to achieve economic successes, thanks to the reforms and new laws that helped transform Qatar into an important financial and commercial hub in the world through economic and investment partnerships, which have begun to bear fruit. One of the most important of these successes is that Qatar was ranked in sixth place in terms of trade surplus in 2022, up five spots from 2021, with a trade surplus of $ 97.5 billion. According to a report by the Russian "RIA Novosti" news agency, Qatar came ahead of Germany, which dropped to seventh place globally with a surplus of $ 85.34 billion, 2.5 times lower than 2021 results.
The paper considered that the Qatari economic successes have made Qatar a global trade hub, noting that Qatar has taken deliberate economic steps that had the greatest impact on increasing and diversifying the domestic product by entering new sectors such as the tourism and agricultural sectors, which are promising sectors that help in achieving high growth rates. Qatar has also established successful investment partnerships and diversified its investment portfolio, it added.
The daily noted the new laws that encouraged bringing foreign investments to Qatar because of its great global reliability, due to its adoption of the highest levels of governance and investment protection, which led to a significant jump in the value of the country's trade balance surplus which surged 64.9% on annual basis in 2022 with the support of increased Qatari exports. According to the Planning and Statistics Authority (PSA), in 2022, Qatar recorded a trade balance surplus of QR 354.85 billion compared to QR 215.25 billion in 2021.
Al-Raya concluded by emphasizing that the State of Qatar has succeeded in consolidating its advanced position on the map of the global economy, according to a clear approach to achieve Qatar's National Vision towards establishing a diversified and competitive economy based on knowledge. According to economic indicators, the Qatari economy is moving steadily towards achieving a large growth rate, benefiting from positive incentives, as the contribution of the non-oil sector to the real GDP has increased significantly, and the increase in surpluses in the trade balance will benefit the Qatari economy and will help in the implementation of major strategic projects in the State.
Meanwhile, Al-Watan newspaper referred to the Qatar Financial Centre Regulatory Authority (QFCRA)'s announcement of developed and issued a new regulatory framework for listed derivatives and the Derivatives Markets and Exchanges Rules 2023 (DMEX) following an extensive three-month public consultation with investors and market participants, which means allowing the establishment of a derivatives exchange and also a Central Clearing Counterparty to ensure efficient settlement of trades and management of settlement risk. The launch of the derivatives exchange will be an important milestone in the development of the Qatar capital markets and Qatar's ambition to move to developed market status, it added.
The paper underlined that the launch of the new derivatives exchange will provide opportunities for investors to better manage and diversify their portfolios, and it will also provide local and regional financial institutions and brokers new opportunities to grow and expand their business with clients.
It pointed out that the establishment of the derivatives exchange will offer investors the ability to trade cash-settled options and futures on individual stocks listed on the QSE and the QSE equity index that will be listed on the new derivatives exchange.
In conclusion, Al-Watan stressed that the Qatar Stock Exchange is distinguished by being part of a comprehensive national strategy based on global reach in the field of financial services and encouragement of investment by transforming the stock exchange into a world-class market and strengthening Doha position to be a regional financial hub.
For its part, Al-Arab newspaper said that the Shura Council continues to discuss more vital files and issues that touch the aspirations of citizens, including benefiting from retirees, nationalizing the private sector, developing the education system, and promoting national values and identity in society.
The newspaper said that the last of these issues is the aspects associated with marriage, including extravagant appearances accompanying wedding parties. A special committee was formed to study the aspects associated with marriage during several meetings held by the committee in coordination with a number of governmental entities and civil society institutions with competence to set practical controls and proposals that can be implemented on the ground to avoid and limit these manifestations, it added.
The paper underlined that the Shura Council's discussion of this issue reflects the seriousness of this aspect and its impact on the public interest, as it would later cast a shadow on the spouses, who have incurred debts and exorbitant costs since the start of their marriage
In conclusion, the paper stressed the importance of family stability, affirming that facilitating marriage and reducing its cost is a major factor to establish a stable family based on understanding and affection, and guided by the ancestors in facilitating marriage in line with the teachings of our Prophet Mohammed - peace be upon him.
Under the title "The Success of Qatari Mediation", Al-Sharq newspaper highlighted the success achieved by Qatari diplomacy in mediating a large number of regional files and issues, as it made strenuous diplomatic and political efforts at the regional and international levels and without interfering in the internal affairs of states, to bring points of view closer and find sustainable solutions to disputes and disagreements.
The Qatari diplomacy has achieved new success in addition to its bright record in establishing peace and defending human rights through the role it played in releasing the Rwandan dissident Paul Rusesabagina, to move to Qatar and then to the United States. This mediation was praised by Washington and international public opinion, the newspaper noted.
The paper pointed out that the State of Qatar has adopted in its foreign policy the approach of dialogue, good offices, mediation, preventive diplomacy, and settlement of disputes and crises by peaceful means, with full impartiality and independence, and in accordance with the provisions of international law and the Charter of the United Nations, noting that the state hosts negotiations between conflicting parties or plays a role as a facilitator in dialogue between them. Those efforts have achieved successes that have contributed to the maintenance of international peace and security.
Al-Sharq concluded by saying that the Qatari mediation played a role in reaching the Doha Peace Agreement in Darfur, in Eritrea's release of Djiboutian prisoners and in the release of hostages in Syria, and before that it resulted in ending the presidential vacuum in Lebanon and peace in Chad. It has also worked and continues to work towards reconciliation and progress in the Palestinian cause.
In turn, The Peninsula newspaper stressed the importance of dealing with the dangers of drugs and addiction that affect sectors and areas of life, noting that Qatar has stressed the importance of strengthening cooperation in developing, preventing, and protecting Arab peoples from threats, including drug and addiction issues.
The newspaper noted the statement of HE Minister of Social Development and Family Maryam bint Ali bin Nasser Al Misnad, the Chair of the 42nd session of the Council of Arab Ministers of Social Affairs. HE said that Qatar, via its national centres such as the Behavioral Health care Center (Daam) works to prevent youth and those susceptible to addiction, as well as pro-viding treatment and rehabilitation services and conducting survey research on the community.
The Minister called for addressing the drug problem as a multilateral responsibility. She stressed support for political and diplomatic efforts with quick measures to keep pace with the rapid spread of drugs and their new promotion tools to protect children and youth in the educational, entertainment and electronic circles and reach drug-free societies, The Peninsula concluded. (QNA)
