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- Real Estate trading in June reaches QR1.684 billion
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30/03/2009 00:00 AST
Qatar is likely to post a slight deficit in the 2009-2010 fiscal year and will base its annual budget on an oil price of $40 a barrel, an official said.
"We expect a slight deficit, one that is acceptable in light of the current economic crisis," Mohammed Ajaj Al-Kubaisi, rapporteur of the financial and economic committee of Qatars Advisory Council told Reuters.
Opec member Qatars fiscal year begins on April 1.
The budget still requires the approval of Qatars Emir before it takes affect, Al-Kubaisi said.
Qatar, the worlds biggest exporter of liquefied natural gas, based its budget that ends March 31 on an oil price of $55 a barrel.
Reuters
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11/07/2025
In June, the total value of real estate transactions reached 1,684,240,900 Qatari riyals.
Data from the analytical real estate bulletin issued by the Ministry of Justice showed that 372 real
The Peninsula
11/07/2025
Kuwait's Minister of Oil Tariq Al-Roumi said on Thursday that the global oil market is witnessing remarkable stability, with relatively stable prices and increasing demand.
In a statement to
KUNA
11/07/2025
Saudi Arabia is leading a sweeping industrial transformation aimed at reshaping the national economy and securing a leading position in advanced sectors, the kingdom's Minister of Industry and Minera
Asharq Al Awsat
11/07/2025
The non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of 203.2% to more than SAR2 billion in April, reported the Saudi Press Agenc
Asharq Al Awsat
11/07/2025
Credit ratings agency Moody's upgraded Oman's long-term issuer and senior unsecured ratings to "Baa3" from "Ba1" on Thursday, citing expectations of continued improvement in debt ratios and resilienc
Asharq Al Awsat
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