Monday, 28 May 2018

Siege fails to shake confidence of global investors in Qatar

Siege fails to shake confidence of global investors in Qatar:

"The almost one-year blockade imposed on Qatar appears not to have shaken the confidence of global investors as Qatar's top four investing countries' share in Doha's inbound foreign direct investment (FDI) continued to be "stable,", according to official data. The country's total inward FDI stocks amounted to QR130.5bn in 2017 with other American countries contributing QR46.6bn, or 36%, of the total, followed by European Union at QR38.4bn, or 29%; the US at QR30.2bn or 23%; and Asia (not including Gulf Co-operation Council) at QR6.4bn or 5%, according to figures released by the Ministry of Development Planning and Statistics (MDPS). "Over 60 countries contributed to the stock of FDI in Qatar at the end of 2017. The top four group of countries' relative share of total FDI continued to be stable and amounted to 93% of total at the end of 2017," MDPS said."



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