Qatar’s financial resources will remain strong, insurance major and researcher Euler Hermes said and noted that the combined foreign exchange (FX) reserves of the Qatar Central Bank and the Qatar Investment Authority represent well over 150% of the country’s annual GDP and cover more than 50 months
Median ticket size for residential houses in Qatar stood at QR2.8mn in the second quarter of this year, research and consultancy firm ValuStrat said in a report.
An unprecedented travel boom, mainly in Asia, has spawned new budget carriers and millions of first-time fliers besides the rapid expansion of some full service carriers, but a global shortage of pilots threatens to choke off that demand.
The government is actively promoting Qatar as a regional centre for financial technology (fintech) as new, cost-effective technologies are becoming increasingly prominent worldwide, the QCB said in its 10th Financial Stability Review.
The Qatar Central Bank had increased its key policy rate by 100 basis points (bps), or one percentage point, in 2018 following the hike in policy rate by the US Federal Reserve four times last year.
Qatar’s surplus fiscal balance and increasing government expenditure on major projects may boost public and private sector investment and credit demand from the banking sector, according to the Qatar Central Bank.
The airline industry has been caught in the cross-fire over trade between the United States and China — the two world's largest economies, forcing airlines on both sides to pull out ...
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