Friday 25 July 2014

Capital plans: how Qatar's banks are shaping up - Banking & Finance - ArabianBusiness.com

Capital plans: how Qatar's banks are shaping up - Banking & Finance - ArabianBusiness.com:



"Qatari banks and growth in profits go hand in hand these days. That’s hardly surprising, given the booming state of the economy, backed by a strong hydrocarbon sector.



Multi-billion-dollar projects are currently transforming Doha into a modern city that will rival the Middle East’s best.



Driving much of the development has been the award of the FIFA 2022 World Cup, which has led to an estimated infrastructure spend of $205bn between now and 2018, which country officials say will act as a springboard for further work planned for Qatar’s 2030 National Vision."



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