Public spending on IT projects in line with the ICT-2015 strategy as well as large-scale infrastructure projects ahead of the FIFA World Cup in 2022 will continue to drive Qatar’s IT product and services spending, according to Fitch Solutions.
The presence of unusually high number of banks and the fall in profitability linked to low oil price environment have triggered the need for consolidation among GCC banks, Markaz ...
In 2015, ‘Millennials’ became the number-one source of global income, spending, and wealth creation.
Qatar is the “most attractive” consumer electronics market in Middle East and Africa (MEA) and tops the Industry Risk/Reward Index for the region set by Fitch Solutions with a score of 6 3.6 points.
Some 13,700 residential units will be supplied to Qatar market this year, according to research and consultancy firm ValuStrat. This includes previous construction backlogs, said ValuStrat, and noted the projected completion for 2019 has been adjusted upwards from 10,600 units earlier.
The impending launch of the long-awaited Barzan natural gas development together with capital spending related to the hosting of the 2022 FIFA World Cup will be “positive factors” for Qatar’s growth ...
Buoyed by “healthy” economic growth and “continued” fiscal support for infrastructure from the government, Qatar will remain an “outperformer”, both regionally and globally, Fitch Solutions has said in a report.
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