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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.
More News
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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