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FINANCIAL NEWS
QR46bn to enhance Qatar’s real estate industries
10 Jan 2017
(MENAFN) Investment plan of QR46bn for this year will impact positively on Qatar’s construction and real estate industries, while it will continue to experience strong residential demand.
Additionally, major retail developments will come online in the market this year, which will involve Doha Festival City, North Gate Mall and Al Hazm Mall.
Meanwhile, the World Bank has reviewed its oil price forecast for 2017, predicting the prices to average at USD55 per barrel.
Furthermore, the hotel sector supply pipeline until 2017 could involve over 9.600 new hotel keys and 3.400 new hotel apartments.
M
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