During her visit to Qatar in late November 2015, Christine Lagarde, the managing director of the IMF, issued a statement endorsing the regulatory work carried out by the Qatar Central Bank (QCB) in recent years. “Substantial progress has been made on enhancing financial sector regulation, including adopting the international regulatory...
The banking sector has seen steady, robust credit growth in recent years, even as macroeconomic indicators throughout the GCC have signalled a challenging period ahead. From end-2010 through December 2015 bank loans in Qatar expanded at a compound annual growth rate (CAGR) of 19%, according to figures from Qatar Central Bank (QCB). By the end...
How is the new Canadian government looking to enhance bilateral trade ties with Qatar, in particular Canadian exports to the state?
After facing setbacks in 2015, Qatar’s multi-billion-dollar sovereign wealth fund, the Qatar Investment Authority (QIA), is implementing a new strategy aimed at diversifying its asset base and restructuring its internal operations, with an increased focus on investments in the US and Asia. As the state continues to grapple with volatile energy markets and the declining...
The UK and Qatar share a history that goes back almost 200 years. This gives us the strongest possible basis for partnership, and we are working closely with government, business and non-governmental institutions as Qatar implements its National Vision 2030. This includes cooperation on infrastructure projects worth $200bn as Qatar prepares...
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