Qatar’s oil and non-oil businesses are less optimistic in the second quarter (Q2) of this year on lower profit expectations and fragile global economic recovery, according to Business Optimism Index (BOI).
The BOI report, jointly prepared by the Qatar Financial Centre Authority (QFCA) and Dun and Bradstreet, found falling optimism in transport and communication as well as finance and business services sectors; even as outlook improved on manufacturing, while construction and trade segments treaded a flat path within the non-hydrocarbon sector.
“Clearly business sentiment in Qatar continue to be affected by the fragile state of the global economy,” according to Yousuf al-Jaida, QFCA, Director of Strategic Development.
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