14 Feb 2010
(MENAFN) Qatar’s inflation reached 5 percent this year, with expectations to ease further ranging between 2 and 5 percent in 2010, QNA reported.
Qatar’s current inflation rate measured by the change in the consumer prices index (CPI) further dropped to the negative level of -5.2 percent during November 2009, compared to January of the same year, the Governor of Qatar Central Bank, Sheikh Abdullah bin Saud Al Thani said.
He added that this means that prices in general during the last year have declined due to several factors, and the most important of which was the entry of a number of residential units to the real estate market. This contributed to the drop in the monthly rent by about 14.2 percent during the same period, he said.
Al Thani has also unveiled that preparations are under way to inaugurate a credit bureau which will be inaugurated in May and will be named Qatar Credit Bureau.
11 Dec 2025
BBK launches December Grand prizes campaign offering over One Million Bahraini Dinars to over 280 Winners!
11 Dec 2025
BBK hosts an Induction Day to welcome new colleagues from HSBC Bahrain, marking a successful transition and integration
04 Dec 2025
BBK celebrates Bahraini Women’s Day with the graduation of 20 female leaders from Harvard and Cornell Program
04 Dec 2025
BBK launches a new suite of HSBC Mutual Funds to expand Global and Islamic investment opportunities
30 Nov 2025
BBK successfully completes the transfer of HSBC Middle East, Bahrain Retail (Consumer) Business to BBK
30 Nov 2025
BBK launches exclusive Mortgage Financing offers in collaboration with Best Location Properties
27 Nov 2025
BBK acts as Joint Lead Manager and Bookrunner in a US$ 500 Million bond issuance for Bank of Sharjah
26 Nov 2025
BBK launches a new promotional and service platform at the Ministry of Housing and Urban Planning
20 Nov 2025
BBK partners with Lumofy to enhance employee capabilities through innovative AI-driven solutions
18 Nov 2025
BBK partners with Kanoo Motors to launch exclusive offers on Deepal Range-Extended Electric Vehicles
18 Nov 2025
BBK partners with Asia Jewellers to offer exclusive benefits for customers at Jewellery Arabia 2025
10 Nov 2025
BBK launches “Sustainability Academy” to equip employees for the future of Sustainable Banking
05 Nov 2025
BBK rewards 202 winners with a total of BD 450,000 in the September “Al Hayrat” Grand prizes draw
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