Qatar Market Analysis :: Fitch Solutions (2024)

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Main navigation BMI Qatar Prioritises Its Healthcare Sector With Latest Budget, Targeting Infrastructure Development In 2024 Improving Non-Oil Activity, Growing Hydrocarbon Output Will Drive Rebound In Qatar's 2024 Growth Qatar's Loan Growth Will Weaken Significantly By End-2023, Rebound In 2024 Qatar Facing Rising Competition From US LNG Producers Qatar Consumer Outlook: Short-Term Spending Set To Be Broadly Positive Qatar Central Bank Will Hold Its Policy Rate Until Q124 MENA Macroeconomic Update: Key Themes For 2023, Mid-Year Review Brownfield Projects To Drive Qatar's Oil Production Growth Over The Medium Term Many Visions, Similar Goals, Different Outcomes: GCC Medium-Term Outlook And Food Security Focus Qatar A Conducive Environment For Data Centre Investments Sustainable Fitch Wins "Best Specialist ESG Ratings Provider" and Recognised as Runner-Up in “Most Innovative ESG Product” Category at the ESG Investing Awards Fitch Group Completes Acquisition of Bixby GeoQuant Wins Most Innovative Technology Vendor – AI & Machine Learning at American Financial Technology Awards Japan Consumer Outlook: Consumer Indicators Improve As Economic Recovery Picks Up Formalised Retail Opportunities In Egypt Facilitated By New Development Law Autos Investment Round-Up: US EV Battery Supply Chain Localisation Strengthened By Recycling Investments Doing more with less: How small and mid-sized financial institutions can develop a better approach to data Fitch Ratings Risk Headquarters February 2023 Global Industries Outlook 2023 BMI CreditSights dv01 Fitch Learning Fitch Ratings Research & Data Sustainable Fitch AfCFTA Implementation Could Boost African GDP by up to 4.2% by 2035, Says CFCA Insights/BMI Report GeoQuant Wins Most Innovative Technology Vendor – AI & Machine Learning at American Financial Technology Awards BMI Wins Best Index Data Provider at Data Management Insight Awards USA Japan Consumer Outlook: Consumer Indicators Improve As Economic Recovery Picks Up Formalised Retail Opportunities In Egypt Facilitated By New Development Law Autos Investment Round-Up: US EV Battery Supply Chain Localisation Strengthened By Recycling Investments BMI India Economy Special Report Europe Monthly Outlook: Going To Poll In 2024 Asia Monthly Outlook (Oct 2023) FAQs

Qatar Central Bank Will Hold Its Policy Rate Until Q124

Country Risk / Qatar / Fri 28 Jul, 2023

Key View

  • The Qatar Central Bank followed the US Federal Reserve by hiking its key interest rate by 25bps on July 26 2023, and we think that it will now mirror US policy by keeping policy unchanged until the end of Q124 before loosening policy later in 2024.
  • Tighter financial conditions will help to bring inflation down from the anticipated
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Qatar A Conducive Environment For Data Centre Investments

Telecommunications / Qatar / Tue 30 May, 2023

Kew View

  • Google has opened its cloud region in Doha, Qatar, with claims to create USD19bn in gross domestic product by 2030 and 25,000 jobs.
  • The investment forms part of government plans to diversify the economy with focus on technological development and cyber resilience.
  • Qatar’s hydrocarbon provision reduces costs to end users, making
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      Qatar Market Analysis :: Fitch Solutions (2024)

      FAQs

      What is the market situation in Qatar? ›

      In the last week, the market has stayed flat, however the Information Technology sector stood out, gaining 7.3%. In line with that, the market has also been flat over the past year. Earnings are forecast to grow by 6.6% annually.

      What is the economic outlook for Qatar in 2024? ›

      The IMF forecasts that the fiscal surplus will reach 16% of GDP this year and then average 11% of GDP in 2024-2711. After a period of rapid non-oil expansion, Qatar is expected to see a slowdown in 2023.

      How stable is the economy in Qatar? ›

      Qatar's stable and competitive economy has been growing at a faster rate on average than its peers and advanced economies. The country's high per capita income, vast hydrocarbon reserves, and strong economic fundamentals support its strong credit profile.

      Why is Qatar economy so strong? ›

      The fastest growing sectors in Qatar have been construction, which has benefited from the government's large infrastructure spending in the lead up to the World Cup in 2022; services, which have taken advantage of the growth in the population, with the arrival of many new expat workers; and manufacturing, with Qatar ...

      Is Qatar facing recession? ›

      Qatar's economy is expected to slow down by 2 percent for the remainder of 2023, says S&P Global Ratings. This after it grew by 5 percent in 2022, boosted by the country's hosting of the World Cup. Despite the dip this year, Qatar will bounce back in 2023, thanks to a better investment climate.

      What is the future of Qatar? ›

      The National Vision of Qatar aims to complete the adaptation of Qatar into a fully-developed country by the year 2030. When the plan comes to fruition, Qatar will be able to achieve a permanent level of development and present high standards of living for generations to come.

      What will Qatar be in 2030? ›

      The aim of QNV 2030 is to "transform Qatar into an advanced society capable of achieving sustainable development" by 2030. The plan's development goals are divided into four central pillars: economic, social, human, and environmental development.

      Does Qatar have a market economy? ›

      Today, the economy of Qatar is mixed market, since the government owns several of the businesses and offers money to encourage private enterprise. Agriculture and fishing is minimal in the country, and the nation has to rely on food imports to survive. In addition to oil, Qatar has a large source of natural gas.

      Is Qatar a struggling country? ›

      Qatar, once one of the poorest Gulf states, is one of the richest countries in the region today. Qatar has used income from its large gas reserves to bankroll its regional and global ambitions, including hosting the 2022 Fifa World Cup tournament - the first Arab and Muslim-majority country to do so.

      Is Qatar a good country to invest in? ›

      Strategic location

      Qatar has implemented policies to attract foreign investment, such as allowing full foreign ownership of businesses and offering tax incentives. The country also has a well-developed legal and regulatory framework, which provides a stable and predictable investment environment.

      Is it good to invest in Qatar? ›

      Qatar has created a business-friendly climate for investors with offerings including: Up to 100% foreign ownership across various sectors. 10% corporate tax rate. Zero tax on personal income.

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