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QIC unveils personal cyber insurance offering
QIC unveils personal cyber insurance offering

Yahoo

time27-05-2025

  • Business
  • Yahoo

QIC unveils personal cyber insurance offering

Qatar Insurance Company (QIC) has launched personal cyber insurance coverage to protect individuals against cyber risks. This policy aims to provide financial safeguards for online threats including those related to online shopping and the use of internet-connected devices. The coverage encompasses financial losses due to credit card fraud, cyberattacks, cyber extortion, damage to connected devices and wearables, incidents of online shopping fraud, identity theft and phishing scams. It also extends to cover theft of funds and ransom payments in cases of cyber extortion. QIC CEO Salem Al Mannai added: 'In line with the National Cyber Security Strategy 2024–2030 and the objectives of Qatar National Vision 2030, QIC is proud to be the first insurer to introduce this ground-breaking personal cyber insurance in the country. 'As Qatar continues its digitalisation at all levels, we are confident that this new product will enhance the confidence with which people in Qatar go online, ensuring our community stays protected while engaging with an increasingly connected world.' The product is exclusively available to QIC customers and they can purchase it as an add-on to home contents, car and travel insurance policies for an annual premium of QR100. In November 2024, QIC partnered with Ooredoo Group to develop new insurance solutions by leveraging QIC's expertise in risk management and integrating it with Ooredoo's telecommunications infrastructure. "QIC unveils personal cyber insurance offering " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Qatar calls for owners of dangerous animals such as lions, tigers and baboons to register or face $27,500 fine
Qatar calls for owners of dangerous animals such as lions, tigers and baboons to register or face $27,500 fine

Arabian Business

time17-04-2025

  • Arabian Business

Qatar calls for owners of dangerous animals such as lions, tigers and baboons to register or face $27,500 fine

Qatar has called on owners of dangerous animals such as lions, tigers and baboons to register or face fines of up to QR100,000 ($27,500). Owners of unregistered animals which go on to cause death could face up to 25 years in prison. The Ministry of Environment and Climate Change, in cooperation with the Ministry of Interior, called on all individuals possessing animals and species classified as dangerous to promptly register them through its website or via the designated email before the deadline on Apr. 22. Dangerous animals in Qatar This measure aims to ensure public safety and uphold the applicable laws in Qatar. In a statement, the ministry confirmed that the possession of such animals or species without a licence constitutes a clear violation of Law No. (10) of 2019 and is punishable by imprisonment for up to three years, a fine not exceeding QR100,000 ($27,500), or both. The law also stipulates a harsher penalty imprisonment of up to 25 years if the violation results in a person's death or permanent disability. In this context, Head of the Wildlife Department at the ministry Dr. Dhafi Nasser Haidan said that the comprehensive survey to catalogue dangerous animals and species is part of implementing national legislation and Qatar's obligations under international agreements. The list includes 48 species, such as tigers, lions, certain dog breeds like Rottweilers and Dobermans, and primates like baboons and green monkeys. Dr. Haidan noted that the ministry's objective through this survey is to create an integrated database covering the types of these animals, their locations, and the surrounding environmental conditions. This would help ensure compliance with the regulatory standards for their care and upbringing, safeguard the well-being of the owners and the animals, and strengthen environmental security in Qatar. He also mentioned that several coordination meetings have been held with relevant entities including the Ministry of Interior, the General Authority of Customs, and the Ministry of Municipality to discuss regulations for possessing and importing dogs classified as dangerous, and to ensure effective implementation of these measures. He added that after the registration deadline, the ministry will begin conducting field visits to verify the conditions in which these animals are kept by registered owners. Additional visits will be carried out to detect violations and enforce legal action against non-compliant individuals. Furthermore, the ministry plans to launch specialised training programs for those responsible for caring for such animals, to equip them with the skills to handle them according to approved standards. The Head of the Wildlife Section urged all owners to complete the registration procedures before the deadline and warned of the legal consequences of non-compliance, reaffirming the ministry's commitment to protecting lives and property and enhancing public safety.

Qatar: Msheireb witnesses surging demand for office market in Q4
Qatar: Msheireb witnesses surging demand for office market in Q4

Zawya

time07-03-2025

  • Business
  • Zawya

Qatar: Msheireb witnesses surging demand for office market in Q4

DOHA: Msheireb Downtown District (MDD) is experiencing a soaring demand for office space, with numerous companies expanding their presence during the fourth quarter of 2024. According to a report released recently by Cushman and Wakefield, several office leasing transactions were confirmed in MDD during Q4. Qatar Airways has confirmed that it will relocate its global headquarters to the Msheireb Downtown District (MDD). The supply of new office buildings has significantly slowed over the past two years; however, in Q4, the launch of NBK1—a high-spec office building with approximately 44,000 sq m of space in Msheireb, anchored by the Mercedes car showrooms—was a notable development. On the other hand, Qatar's International Media Office announced its move to the project in December, while Qatar Airways revealed in November its plans to move its global headquarters to MDD, occupying approximately 35,000 sq m. Recent lease agreements have reduced office space in Msheireb to less than 5 percent, with additional new tenants expected to be announced in Q1 2025. Meanwhile, office occupancy in West Bay has also seen an positive growth momentum last year, largely due to new leases secured by the Civil Service and Government Development Bureau on behalf of various government entities. During the past year, over 150,000 sq m of gross leasable office space has been leased or reserved, primarily in Msheireb Downtown and West Bay. The report indicates that available office space in West Bay now stands at approximately 160,000 sq m, accounting for less than 10 percent of the total supply, while in Lusail Marina District, the availability is around 75,000 sq m. In contrast, secondary and tertiary office locations are experiencing higher vacancy rates, with many buildings enduring long-term vacancies and limited demand. Although there have been signs of upward pressure on prime office rents in recent months due to increased demand, rents remain competitive. CAT A office spaces are available for lease between QR100 and QR140 per sq m per month in West Bay and Lusail, while shell and core offices are available for less than QR100 per sq m per month. The report further states that in secondary areas, office spaces can be leased for QR50 to QR60 per sq m per month, reflecting higher vacancies and lower demand. For new developments to be justified, office rents will need to rise from current levels. In the meantime, as availability in prime locations decreases, landlords may be motivated to upgrade older buildings to meet the sustainability requirements of international corporate tenants. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper

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