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Hamad al-Thani

OfMyHeartShape's picture

A Qatari spending $10M a year on drag racing

22-year-old sheik spending $10M a year to become the Yankees of drag racing?

Autoblog.com
http://www.autoblog....

There are a number of parallels with an all-American tale of racing fan turned team owner: Man loves drag racing since boyhood, comes from a region crazy for the sport, started off in racing's little league, and races to win even in the big leagues. Yet the differences are enough to inform us that this is a Yankees tale, not an Oakland A's tale: the team owner in question is Qatari native Sheik Khalid bin Hamad Al-Thani, all of 22 years old, with a bank account that would make Croesus blush.


pinoyaccountant's picture

SLIGHT CHANGES ON QATAR SPONSORSHIP LAW

Little change in Qatar’s sponsorship law
By Anwar Elshamy
THE new and much-awaited sponsorship law, issued on Thursday, reveals little or no change to the current regulations regarding expatriates working in Qatar.
According to the new law, the freedom of movement of non-Qataris would still be restricted through the mandatory exit permits.
However, the law makes it illegal for sponsors and employers to retain employees’ passports and travel documents once their residence permits have been issued.
According to Article 4, any expatriate once dismissed from his job or quit on his own will not be allowed to re-enter the country before the elapse of two years from the date of his departure.

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