News

Bahrain-based investment house Arcapita Bank and Kuwait’s Al Imtiaz Investment said yesterday they would form a joint venture to develop a $3.5bn residential project in Qatar despite the global credit crunch. The venture to develop 3,200 residential units built around a Greg Norman Championship golf course, comes as a real estate boom around the Gulf region comes to an end and oil-fuelled economic growth slows.

Qatar Airways recently won the Aviation Business Award for Inflight Services of the Year at the annual Aviation Business Awards gala dinner at the Le Meridien Hotel in Abu Dhabi.

QATAR Scientific Club’s team of amateur inventors have won a gold, a silver and two bronze medals at the 2nd International Fair Middle East 2008 held in Kuwait from November 9-13.

Vodafone Qatar will turn on its mobile network in the country on March 1.

Robots, equipped with artificial intelligence, will soon perform surgery in Hamad Medical Corporation (HMC). Six doctors are undergoing training at Qatar Science and Technology Park (QSTP) to perform the robotic surgery in HMC, QSTP’s Managing Director Dr Eulian Roberts announced at the opening day of BioQatar symposium here yesterday.

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The Doha Players Theatre will present the pantomime The Wishing Well from November 27 to 29 at the College of the North Atlantic-Qatar, Building 1.

Thousands of visitors attended the glamorous PrivatDrive Super Car Show held at The Pearl Qatar this weekend.

Rock star and philanthropist Bono is coming to Doha next month to participate in the Qatar Foundation-sponsored Doha Debates, The Peninsula can reveal.

Real estate prices have fallen by almost 50 percent in the suburbs of Doha, reviving hopes of a downslide in the rental market, property market operators said yesterday.