FINANCIAL NEWS

Qatar’s building licenses grow by 63pct

10 Nov 2016

(MENAFN) The number of building permits issued by the municipalities grew by 63 percent to 589 permits in Oct compared to 361 permits in Sep.

Additionally, the increase was noted in all municipalities with Doha 72pct, Rayyan 14pct, Wakrah 78pct, Umm Slal 100pct and Al Khor at 58 percent.

Meanwhile, Doha Municipality reached the top where the number of building permits issued was 146, which means 25pct of the total issued permits.

Moreover, the new building licenses (Residential and non-residential) constitutes 62 percent of the total building permits issued amid Oct this year.

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