Jet fuel dipped back below $90 a barrel as oil prices eased slightly in July, but the upward trend remains in place, IATA has said in a report.
Qatar’s macroeconomic environment remains solid and secured the first place in in the entire MENA region, a joint study by the World Bank Group and World Economic Forum shows.
Qatar’s economy has shown signs of strength in recent months, a new report says and notes that the country’s construction activity increased significantly as preparations continued for the 2022 World Cup.
The current jet fuel price is nearly 55% higher than it was a year ago, IATA said on Thursday.
Fuel surcharge on tickets will be considered by Qatar Airways if the “oil price goes above a certain mark”, said the airline’s chief executive Akbar al-Baker.
Qatar Airways is a “very well capitalised airline” and has “strong reserves” to sustain its “going-forward” expansion plans, Group Chief Executive Akbar al-Baker has said.
Local lenders see lower credit risks in Qatar’s banking sector next year even as they have expressed confidence in its financial stability, QCB said in a report.
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