Overseeing the banking sector from his position as governor of the Qatar Central Bank (QCB), Sheikh Abdulla Bin Saoud Al-Thani has an important role to play in helping further develop the Qatari economy, as well as in dealing with the current challenges of huge infrastructure financing and economic issues caused by low oil prices around the world.
“Low global hydrocarbon prices have posed many challenges to oil-exporting countries, including Qatar, and the global economy,” says Mr Al-Thani. “Oil-exporting countries have witnessed a decline in hydrocarbon exports, a deterioration in fiscal conditions, a tightening of domestic liquidity and an overall growth slowdown.