Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

QCB Governor Predicts $50 Billion Contracts in 2014  Join our daily free Newsletter

MENAFN - Qatar News Agency - 19/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Qatar News Agency) HE Qatar Central Bank Governor Sheikh Abdullah bin Saud Al Thani has projected that Qatar will sign contracts in infrastructure, transport and energy and other sectors of up to 50 billion in 2014.



Speaking at the inauguration of the 11th MEED Qatar Projects Conference 2014, HE Sheikh Abdullah bin Saud Al Thani said this reflects the rapid and strong development of the Qatari economy and the extended growth and expansion expected in the next few years due to increasing need to achieve Qatar National Vision (QNV) 203



He added that Qatar's financial sector has seen an enormous development and made effective contributions to the country's economic growt



He also mentioned QCB initiatives to achieve the goals of QNV 2030 with the launching of the strategy of supervisory and regulatory bodies being the recent on



The governor said that QCB continues to take the necessary monetary policy measures to boost financial stability and liquidity management, adding that the bank spares no effort to enhance the efficiency of the financial sector through the issuance of regulations, circulars and field and office supervision. He also noted that client deposits with commercial banks have increased in 2013 by 19.7% to reach QR 548 billion compared to 458 one year befor



Meanwhile with credit facilities provided by commercial banks, total domestic credit rose by 11.8%, mounting up to QR 533 billion compared to QR 477 billion at the end of 2012.

 






  MENA News Headlines
 Jul 22 2014 - Abu Dhabi Airport builds facilities to increase passengersMENAFN
(MENAFN) As part of Abu Dhabi International Airport's plan to reach a record high in numbers of passengers, it has added a number of new facilities to its operations, according to Arabian ...

 Jul 22 2014 - UAE's Sheffield builds tallest tower in DubaiMENAFN
(MENAFN) UAE-based Sheffield Holdings Limited will build the second tallest tower in the UAE, and is now 80 percent completed, according to Arabian Business.The new tower, Marina 101, extends over ...

 Jul 22 2014 - Saudi STC profit up 96 percent in Q2MENAFN
(MENAFN) Net profit of Saudi Telecom Co. (STC), the Gulf's biggest telecommunications operator by market value, boosted more than expected by 96 percent in the second quarter of the current year, ...

 Jul 22 2014 - Saudi Alhokair profit up 15.7 percent in Q2MENAFN
(MENAFN) Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co. reported an increase in its net profit by 15.7 percent in the second quarter of the current year, according to Arab News.Net profit in the ...

 Jul 22 2014 - Saudi Sadara awards Rolta multi-million contractMENAFN
(MENAFN) Sadara Chemical Company (Sadara) has awarded Rolta a contract to implement a comprehensive engineering information system within Sadara's Jubail integrated chemical complex, according to ...

 Jul 22 2014 - Palestinian gunmen kill three Israeli troops including officerKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Palestinian resistance groups were firing rockets at Israel areas as well as attacking occupation ground forces at the eastern outskirts of Gaza City on Monday, ...

 Jul 22 2014 - Saudi, Moroccan kings tackles developments in regionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Saudi King Abdullah bin Abdulaziz received on Monday Moroccan King Mohammad VI and discussed the latest developments in the Palestinian territories.According to ...

 Jul 22 2014 - Egypt not to amend Gaza ceasefire initiative - FMKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Egyptian Foreign Minister Sameh Shukri on Monday refuted speculations that his country might amend its initiative for ceasefire in Gaza Strip."There is no plan ...

 Jul 22 2014 - Arab Parliament condemns terrorist attacks in Egypt, TunisiaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) President of the Arab Parliament Ahmad Al-Jarwan condemned Monday the two terrorist attacks: on Egypt's Libyan borders, and on Tunisian soldiers on borders with ...

 Jul 22 2014 - Arab League chief hopes Hamas accepts Egypt's ceasefire initiativeKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Arab League Secretary General Nabil Al-Araby hoped Monday Hamas would accept the Egyptian initiative to establish a ceasefire in Gaza."The Egyptian initiative ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help