A year since four of its neighbours severed economic ties with Qatar, the country has unexpectedly found that the new economic circumstances have resulted in an accelerated programme of reforms. Kit Gillet reports.
Middle East
Latest articles from Qatar
Commercial Bank of Qatar weathers GCC spat and oil price storms
November 1, 2017Joseph Abraham joined Qatar’s Commercial Bank as group CEO in 2016, after eight years as CEO of ANZ Indonesia, arriving at a time of low oil prices and regional tension. He tells Kit Gillet about efforts to refocus the bank, as well as finding opportunities in adversity.
Home or away? Qatari banks look to build on their success
June 1, 2017Low oil prices have dented Qatar's economic success story of late but its banks are thriving. Some are looking to domestic consolidation for the next phase of growth, others to foreign acquisitions, while a deal that will create the region’s biggest Islamic bank is in the pipeline. Kit Gillet reports.
Qatar pursues its non-oil goal
June 1, 2017Qatar’s economy is already feeling the benefits from being crowned host of the 2022 FIFA World Cup. Can the country’s non-hydrocarbon growth assist in maintaining the upward trajectory? Kit Gillet reports.
Central bank governor steers Qatar through narrower straits
June 1, 2017Qatar Central Bank governor Sheikh Abdulla Bin Saoud Al-Thani believes good management has afforded the country's banking sector some protection in a challenging economic environment. Kit Gillet reports.
Changing economics shifts Qatari banking landscape
June 1, 2016As the Qatari economy begins to slow on the back of decreasing oil prices, liquidity in the country's banking system is feeling the squeeze. Ratings agencies have responded with downgrades, yet recent results are healthy as banks pursue new sources of growth.
Qatar remains strong in the face of new economic challenges
June 1, 2016Qatar is expected to post its first budget deficit in 15 years in 2016, exemplifying the difficulties faced by the oil-dependent economy. But, far from buckling under the pressure, the country is stepping up to the challenge of diversifying its economy and reining in public spending, as Kit Gillet reports.
Qatar's CBG builds banks' capital defences
June 1, 2016Low oil prices could have hit Qatar's economy hard, but early action from the government appears to have shielded it from the worst of the impact. The country's central bank governor, Sheikh Abdulla Bin Saoud Al-Thani, tells Kit Gillet about how these changes and future plans will protect and strengthen the country's banking sector.
Top 100 Arab Banks 2015: another strong year
October 1, 2015Banks across the Arab world continue to perform well despite the turbulent political environment, according to The Banker’s Top 100 Arab banks ranking.
Resilient Qatar looks to further economic diversification
September 1, 2015The drop in oil prices has not hit Qatar's economy particularly hard, and its central bank governor, Abdulla Bin Saoud Al-Thani, is looking to further diversification, a strong banking sector, infrastructure investment and closer ties with China to keep the country in the fast lane when it comes to economic growth.