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Tag Archives: economy

Qatar Airways Pumps $92bn Into US Economy

Nearly one million job opportunities in the US depends on Qatar Airways as the airline has provided a staggering $92bn to boost the US economy by purchasing 332 American aircraft (Boeing). The deal helps create 527000 jobs in the US, said the Minister of Economy and Commerce, H E Sheikh …

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Sensible Moves Alleviate Illegal Blockade

According to Dr Khalid Rashid Alkhater, specialist in monetary policy and political economy, Qatar managed to successfully find alternative sources of goods which were earlier being imported from the blockading states. Qatar used air cargo right from the start of the crisis to import goods to avoid any increase in …

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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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