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FINANCIAL NEWS
S&P positive on Qatar economy prospects
29 Jul 2012
(MENAFN) Ratings agency Standard & Poor’s expected Qatar’s economic growth to cool next year as the Gulf emirate ends investment program to boost liquid natural gas production capacity, Saudi Gazette reported.
On the other hand, S&P predicted Qatar’s growth to speed up again from 2015 when the government restarts development of new hydrocarbon projects.
The ratings agency also expected Qatar to continue diversifying overseas assets with fiscal surpluses invested through Qatar Investment Authority (QIA).
S&P expected population growth to average 6 percent per year until 2015 in Qatar, while real GDP per capita was forecasted to drop by one percent over the same period.
S&P affirmed its long- and short-term foreign and local currency sovereign credit ratings on Qatar at ‘AA/A-1+’ with a stable outlook.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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
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