Tag Archives: after

Host Al-Sadd Bronze Medalist After Clear Victory

Doha, September 01 (QNA) – Less than 24 hours after unluckily losing their semifinal against Madrid, Al-Sadd had recovered perfectly. Thanks to their clear victory against Zamalek they reached a podium place. Like in 2011, the African champions from Egypt missed the medals close, finishing fourth again.
Bronze final: Al-Sadd (QAT)   Al-Zamalek (EGY) 32:26 (16:11)
Seven goals of Mustafa Krad and nine strikes of overall tournament top scorer Dragan Gajic were the keys to a well-deserved bronze final victory for Al-Sadd, winning a prize money of 150.000 US Dollar. Aside goalkeeper Primoz Prost again was the tower of power with overall 17 saves. Even ten goals of Ahmed Mostafa were not enough for Zamalek to reach the podium.
Aside Issem Tej, who was suspended for four IHF club competitions matches after his red card against Madrid, Al-Sadd did not use their “mastermind” Nikola Karabatic. In defence the IHF Super Globe host tried to stop Zamalek top star Hussein Zaky with an early man-to-man defence. A measure that initially fit as Al-Sadd got way to 8:5. The Egyptians fought hard to level the game, but the host’s defence including strong goalkeeper Primoz Prost stood stronger and intercepted many balls to start their counter-attacks. And if they could not score by fast-breaks, they counted on the shots of William Accambray and later-on Krad. Even a goalkeeper change to superb Mahmoud Ibrahim did not stop the downswing of Zamalek, which were trailed by five goals at the break.
In the second half first the goals of Dragan Gajic kept the distance by constant four or five goals, before a double-strike of Mustafa Krad pre-decided the game at 24:17 in minute 41.And Krad even extended the gap to nine goals at 30:21, then Al-Sadd decelerated and allowed the Egyptians to get a better final result.
Patrice Canayer, coach Al Sadd: Our strong defence with different tactics was the key to win the third place. We had to focus on defence, as we missed two strong attack players like Tej and Karabatic. In my opinion it was a successful experience to join the Qatar players and the Montpellier players. The local players really improved and it was my aim to create a harmony in the whole squad. In the future I would like to help to develop handball in Qatar.
Wissem Hmam, player Al-Sadd: I agree with our coach that defence and our goalkeeper Primoz Prost were the keys to success. It was a good match and we are happy to finish third.
Aslah Abdelhamied, assistant coach Zamalek: It was a real tough match against a very strong opponent. We had a good preparation, but our player were out of form, especially in attack, but also in defence we lacked concentration against a very good team with lots of professional players. We did not play any official match in the last 18 months due to the situation in Egypt. So we could not participate in any match inside or outside Egypt. So the fourth place is a big achievement for us, compared to the opponents we had to face. We don t know what will be the plan for the next season, we don t know how it works. In two months we play the African club championship, we don t know how we should pay our players.
Hesham Sanad, player Zamalek: We were less concentrated than before, this lack of concentration in the end of the match the key to lose this match.(END)

Nakilat Poised to Expand Returns after Murabaha Deal

Doha, August 13 (QNA) – Qatar Gas Transport Company (Nakilat) clinching US $380 Million Islamic Murabaha financing puts it in a vantage position to pursue high-yield investment opportunities and maximize returns for shareholders, company managing director has said.
 Saying that this financing underlines the strength of Nakilat’s position, Managing Director Muhammad Ghannam said, “The US$380 million Murabaha financing with Qatar International Islamic Bank (QIIB) and Qatar Islamic Bank (QIB) once again proves Nakilat’s prime status in today’s financial market. Investors across the board appreciate Nakilat s strength. This refinancing will increase our financial flexibility. We are also now better placed to pursue additional high-yield investment opportunities and maximize returns for our shareholders.” 
 Murabaha is one of the commonly used modes of financing by Islamic banks and financial institutions.
 Ghannam appreciated the proficient approach of both QIIB and QIB, “QIIB and QIB worked very adeptly to close the financing in a very short period. Nakilat is embarking on a long-term relationship with QIB and QIIB. With our 54 LNG vessels, Nakilat holds a uniquely important position in the Qatari LNG value chain.
 “Our company also plays a key role in the diversification of Qatar’s economy – Nakilat now manages its four LPG ships in-house and, in conjunction with our ship repair and construction joint venture companies, we continue to oversee the development of Erhama Bin Jaber Al Jalahma Shipyard in Ras Laffan. Thanks to this most recent financing, we have now taken a productive first step towards a long-term mutually beneficial relationship between the two premier Qatari Islamic banks and Nakilat.”
 Explaining how Nakilat’s approach to financing has always been proactive and innovative, Ghannam said, “In 2009 we completed the award-winning US$6.7 Billion programme financing for our wholly owned subsidiary Nakilat Inc., utilizing commercial bank, export credit agency and bond market facilities. This US$380 Million Murabaha financing allows us to expand our sources to encompass Islamic facilities. Nakilat’s financial strength allows it to tap markets globally and across all types of financing sources.”
 Having closed the Murabaha financing, Ghannam lauded the Minister of Energy and Industry HE Dr Saleh Al Sada and Nakilat Chairman of Board Hamad Rashid Al Mohannadi for their strong support and guidance. He also  expressed his gratitude to all Nakilat board members for their support as well as the employees and management of Nakilat and its subsidiaries. (QNA)