Pratap John

Qatar has taken many initiatives in financial inclusion and literacy by launching a national level strategy. The Qatar National Financial Inclusion and Financial Literacy Strategy is in the fourth phase of development, the Qatar Central Bank said its latest Financial Stability Review.

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.