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FINANCIAL NEWS
Qatar secures USD12b sovereign debt
29 Aug 2016
(MENAFN) Qatar economy is cooling down to a steadier increase, which slowed to 1.1 percent in the first quarter of this year due to a reduction in oil output.
Moreover, inflation increased to 2.7 percent in July on account of higher transport costs, but housing oversupply topped rent rises.
However, the fiscal surplus dropped to 1.2 percent of GDP last year as profits were hit by lower oil and gas prices.
In addition, around USD12bn worth of sovereign debt has been issued this year, involving USD9bn denominated bond in May.
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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