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FINANCIAL NEWS
Qatar’s foreign reserves steady at USD35.6bn
04 Dec 2016
(MENAFN) Qatar’s total growth accelerated to 2 percent Y/Y in this year, while the country’s non-hydrocarbon sector activity chilled as manufacturing contracted.
Meanwhile, inflation also cooled to 2.2 percent year-on-year in Oct as housing & utilities costs continue to ease, whereas food price deflation deepened.
Moreover, the financial deficit increased to USD4.2bn in the recent year as spending growth outpaced income growth.
In addition, almost USD14bn worth of sovereign debts has been issued this year, involving USD9bn denominated bond in May.
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05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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