06 Jul 2014
(MENAFN) According to figures by the Ministry of Development Planning and Statistics (MDPS), Qatar’s economy accelerated in the first quarter of 2014, Arab New reported.
The economic pick-up was mainly driven by strong growth in construction, financial services and trade, restaurants and hotels.
Qatar real gross domestic product (GDP) growth accelerated to 6.2 percent in the year to the first quarter of 2014, with the non-hydrocarbon sector expanding by 11.5 percent owing to rapid progress.
The pickup in growth came despite a 1.2 percent contraction in hydrocarbon real GDP as a result of falling crude oil production and flat production at LNG facilities.
“In 2015-16, we expect momentum to continue to gather steam owing to the ongoing implementation of major projects, with growth rising to an average of 7.7 percent,” said QNB Group in a report.
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more