Monday 6 August 2018

Qatar new business growth hits nine-month high: QFC

Qatar new business growth hits nine-month high: QFC:

Qatar’s non-hydrocarbon private sector started the third quarter on a solid footing, according to the latest QFC Qatar PMI data.

A survey-record rate of job creation alongside marked new order growth contributed to July’s findings. Furthermore, business confidence improved to the highest level recorded since the survey’s inception in April 2017.

The survey, compiled for the Qatar Financial Centre by IHS Markit, has been conducted since April 2017 and provides an early indication of operating conditions in Qatar. The headline figure derived from the survey is the Purchasing Managers’ Index (PMI).

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