Quotes: 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 te 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.

 


Qatar News Agency




  MENA News Headlines
 Mar 30 2017 - EQUATE Group announces USD 679 million in total net profit for 2016MENAFN Press
(MENAFN Editorial)The EQUATE Group, a global producer of petrochemicals, announced today USD 679 million in total net profit for the fiscal year ending 31 December 2016. The EQUATE Group combines ...

 Mar 30 2017 - Italy will not deport unaccompanied refugee childrenThe Peninsula
(MENAFN - The Peninsula) ROME: Italy's parliament on Thursday approved a law that allows unaccompanied refugee children to stay in the country and be protected from mistreatment. 'This is a ...

 Mar 30 2017 - Global security experts to converge at Gulf Information Security Expo and Conference (GISEC) 2017MENAFN Press
(MENAFN Editorial)Cyber security experts from across the region and globe will discuss, debate and highlight the latest smart cities technology and service innovations at the Gulf Information ...

 Mar 30 2017 - Jordan- Royal decree appoints Al Shoubaki as King's adviserJordan News Agency
(MENAFN - Jordan News Agency) Amman, March 30 (Petra)--A Royal Decree was issued appointing Faisal Jibril Hassan Al Shoubaki as the King's advisor, as of March 30, 2017. 30/3/2017 - 02:56:42 ...

 Mar 30 2017 - Jordan- Royal decree appoints director of Intelligence DepartmentJordan News Agency
(MENAFN - Jordan News Agency) Amman, March 30 (Petra) -- A Royal Decree was issued Thursday appointing Maj. Gen. Adnan Na'el al-Jundi, as Director General of the General Intelligence Department as ...

 Mar 30 2017 - Jordan- Lower House speaker, French official discuss ties, regionJordan News Agency
(MENAFN - Jordan News Agency) Amman, March 30 (Petra)--Speaker of the Lower House of Parliament Atef Tarawneh reiterated the centrality of the Palestinian cause as well as the importance of ...

 Mar 30 2017 - Jordan- Emirates plane collides with another aircraft in SingaporeJordan News Agency
(MENAFN - Jordan News Agency) Dubai, March 30 (Petra) -- An Emirates passenger aircraft suffered minor damage after coming into contact with another airplane on the ground at Changi Airport in ...

 Mar 30 2017 - Jordan- Army chief receives US military delegationJordan News Agency
(MENAFN - Jordan News Agency) Amman, March 30 (Petra) -- Chairman of the Joint Chiefs of Staff, Lt. General Mahmoud Freihat, Thursday received U.S. Special Operations Command chief Gen. Raymond ...

 Mar 30 2017 - Jordan- King calls Crown Prince of Abu DhabiJordan News Agency
(MENAFN - Jordan News Agency) Amman, March 30 (Petra) -- His Majesty King Abdullah II on Thursday thanked Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE, Mohammed bin Zayed ...

 Mar 30 2017 - Jordan- Lebanese president visits Baptism SiteJordan News Agency
(MENAFN - Jordan News Agency) Baptism Site, March 30 (Petra) -- President of Lebanon Michel Aoun, on Thursday visited the Baptism Site, some 40km west of Amman. Touring archaeological sites and ...

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

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help