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Tag Archives: economy

Private Sector To Get Contracts Worth $29bn

Qatar is considering to provide private sector contracts worth $29bn to encourage diversification and focus on supporting food security projects, small and medium enterprises, and the development of infrastructure in economic zones and free trade zones. The Qatari economy has kicked off the new year with a positive note and …

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UK’s Top Official Hails Qatar’s Growth

UK’s Secretary of State for Transport Chris Grayling, has appreciated Qatar’s remarkable progress towards building a fast-growing and accelerated economy. He noted that Qatar is implementing an ambitious development programme which has transformed Doha into a hub for various projects that will make it a strong economic centre in the …

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Qatar’s Economy Likely To Rise By 3.5% In 2018

Qatar’s GDP (Gross Domestic Product) is expected to pick up 3.5% in 2018, from 1.2% (preliminary Qatar figure at 1.9 percent) in 2017, provided that Barazan project is coming on stream. The Barzan project is expected to add 20 percent to total gas output of the country, NBK noted in …

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India To Overtake UK And France To Become The Fifth Largest Economy In 2018

According to a report, India will likely be overtaking UK and France to become the world’s fifth largest economy in 2018. India is currently placed at seventh place and is expected to jump to third place by 2032, the Centre for Economics and Business Research, a London-based consultancy, said in …

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Qatar Witnesses Rise in Direct Imports

Qatar saw an increase in direct imports of essential goods from across the world to 97 percent in November from 82.8 percent in May. Chairman of the General Customs Authority (GCA) Ahmed Abdullah al Gammal said that the rise indicated the ability of the government to safeguard the economy from …

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More Than QR4 Billion To Be Invested In Various Sector

In order to boost private sector, Qatar will be investing more than QR4 billion in various sector. The investments focuses on sectors like health, education, logistics, agriculture production, industry and environment. In the education sector, investors were selected to establish seven schools, the plots for which have already been allotted. …

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Qatar Central Bank Has Enough Reserves To Support Riyal

Qatar Central Bank has said that it has plenty of reserves to support riyal and achieve its monetary policy goals, said Central Bank Governor H E Sheikh Abdullah bin Saud al-Thani. Sheikh Abdullah who was speaking at the international business conference said that the economy was strong despite siege on …

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Emadi Expects The Economy To Grow 3% In 2018

Qatar’s economy is expected to witness a growth of 3% in the upcoming year in spite of the crisis, according to Minister of Finance HE Ali Sherif al Emadi. The minister who was speaking at the Euromoney Qatar Conference in Doha, said that the economy has shown resilience by remaining …

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Qatar’s GDP Set To Reach $208bn In 2022

Qatar’s GDP will exceed $156bn this year and will touch $208bn in 2022, Focus Economic said in its country report. Per capita GDP will reach nearly $74,000 in 2022 from $57,145 this year, the report added. Qatar will witness increased economic activities over the next years with a projected increase …

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Qatar Economy To Grow At The Fastest Rate Despite Siege

Qatar’s economy is expected to grow the fastest in spite of the siege, according to Qatar Central Bank (QCB). Qatar’s real GDP (Gross Domestic Product) is projected to grow at 2.5 percent in 2017. “Despite low global crude oil prices and a not so conducive economic environment, Qatar’s economy is …

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