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FINANCIAL NEWS
Qatar’s real estate sector to grow further
11 Jul 2015
(MENAFN) Qatar’s real estate prices are expected to continue their strong growth, although at a more moderate pace, on strong population growth and higher per capita GDP, The Peninsula Qatar reported.
QNB’s monthly monitor noted that Qatar Central Bank’s (QCB) real estate index rose 29.6 percent in March 2015 reflecting a moderation in the real estate price inflation for the second successive month.
QNB expects the merchandise trade surplus to shrink to USD49.9 billion in 2015 from USD100.6 billion in 2014 on lower oil price.
Qatar population grew by 9.0 percent year-on-year in June 2015 to reach 2.34 million, driven by the large ramp up in infrastructure spending.
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BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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