Azernews.Az

Saturday July 12 2025

Qatar's private sector grew almost 6 percent in 2018 despite oil price volatility

15 December 2018 16:16 (UTC+04:00)
Qatar's private sector grew almost 6 percent in 2018 despite oil price volatility

By Trend

Qatar’s private sector grew by almost 6 percent in 2018 despite volatile oil prices, its finance minister said on Saturday, Trend reports referring to Reuters.

Last year the economy saw outflows, but 2018 was a good year with most of the growth coming from the private sector, Ali Sharif al-Emadi told the Doha Forum on Saturday.

Qatar’s public sector institutions, including its sovereign wealth fund, had injected more $40 billion into Qatari banks during the initial months of its rift with Saudi Arabia and its allies to help the banking sector mitigate the impact of fund outflows.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more