FINANCIAL NEWS

Qatar has potential for USD10-15bn overseas funds inflows

15 Feb 2017

(MENAFN) Qatar, which has potential for USD10bn to USD15bn overseas funds inflow, has been grossly underestimated by global investors.

Meanwhile, Doha Bank, which is projected to launch exchange traded fund by April and will be introducing ESG (environment, social and corp governance) Guidance this year.

Accordingly, it would target a minimum of USD10bn and maximum USD15bn and that should be ideal norm for the country and it is the kind of economic strength.

In addition, growth rate of 3.5 percent in the coming five years, a balanced recent account this year is ready to drive the change in non-hydrocarbons and market liberalization.

MENAFN1502201700450000ID1095249446

MENAFN1502201700450000ID1095249446

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