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FINANCIAL NEWS
Qatar to post USD49.9b merchandise trade surplus in 2015
14 Jul 2015
(MENAFN) Qatar’s merchandise trade surplus is forecast to drop to about USD49.9 billion this year from USD100.6 billion for last year, driven by lower oil prices, according to QNB, The Peninsula reported.
Furthermore, QNB expects that real estate prices will continue their strong growth at a more modest speed, motivated by growing population and increasing per capita GDP.
Qatar population increased by 9.0 percent in June, compared to the corresponding period last year, and reached 2.34 million, stirred by the growing spending in infrastructure.
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