qnb highlights strength of qatari economy despite oil drop
Sunday 6 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

QNB highlights strength of Qatari economy despite oil drop

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice QNB highlights strength of Qatari economy despite oil drop

Qatar National Bank
Doha - QNA

QNB's weekly report said Saturday that the Qatari economy continued strong in 2014 despite the 50% drop in oil prices in the second half of that year.
The report noted that Qatar's 6.2% growth in 2014 was driven by the non-hydrocarbon sector. QNB took this as proof of "the resilience of the Qatari economy and its ability to withstand the decline in oil prices thanks to its strong macroeconomic fundamentals." The non-hydrocarbon sector grew 11.5% spurred by the large investment spending. The construction, finance, real estate and insurance sectors were among the biggest growers. Construction grew by 18% due to the implementation of major infrastructure projects such as Lusail, Barwa City and Education City.
The report then said that Qatar has "ample external and fiscal buffers to continue implementing its ambitious investment programme ahead of the FIFA 2022 World Cup." The report highlighted that the government will invest $182 billion until 2018. As a result, the bank expects a double-digit growth in the non-hydrocarbon sector over the next three years.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

qnb highlights strength of qatari economy despite oil drop qnb highlights strength of qatari economy despite oil drop

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

qnb highlights strength of qatari economy despite oil drop qnb highlights strength of qatari economy despite oil drop

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 05:17 2024 Wednesday ,07 February

Amazon to open first cashierless shop

GMT 11:14 2017 Saturday ,22 July

Smiley face found on ancient pot in Turkey

GMT 00:49 2017 Friday ,13 January

Meet Cats choreographer Gillian Lynne

GMT 09:57 2016 Tuesday ,08 November

Marks and Spencer: To shut 100 stores in overhaul

GMT 06:37 2012 Wednesday ,21 March

Toxins found in cheap jewellery

GMT 10:30 2015 Monday ,02 March

Designer to the stars dresses disabled catwalk

GMT 08:57 2017 Wednesday ,10 May

Counter terrorism strategies should be compliant

GMT 20:48 2017 Wednesday ,22 March

Sisi reiterates Egypt's support for Lebanon

GMT 06:59 2017 Sunday ,22 October

Philippines' Duterte says he will shoot criminals

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 09:36 2018 Wednesday ,10 January

Iran investigates death of young man in custody

GMT 08:51 2017 Tuesday ,15 August

HAAD implements next stage of healthcare reforms

GMT 20:22 2017 Monday ,27 November

Army attacks Saudi-paid mercenaries’ sites in Marib

GMT 08:56 2017 Thursday ,13 July

Reasons of price increase of services

GMT 08:13 2017 Sunday ,13 August

Abdul Hussain Abdul Redha passes away
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice