Qatar Charity to pay off debt of 100 people in Ramadan
Qatar Charity successfully paid off the debt of 150 debtors totalling QAR 68 million last year. Qatar Charity aims to settle the debt of 100 debtors during the holy month…
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debt
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Fitch: Qatar to repay $20bn in debt by 2021
Fitch, a leading provider of credit rating, reported that Qatar intends to repay $20bn in debt by 2021, including more than $10bn this year, as part of a plan to…
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‘Resilient’ Qatar maintains stable outlook despite obstacles, Moody’s says
Moody’s Investors Service, a leading provider of credit ratings, research, and risk analysis, said on Thursday that Qatar’s unsecured debt rating is at Aa3 with a stable outlook, despite COVID-19…
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Qatar seeks solution to settle $11 billion debt by 2023
Qatar enjoys the status of being amongst the biggest LNG exporters globally, as it plans to become the largest natural gas provider by 2030. Doha has allegedly approached international banks…
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Qatar’s central bank to gradually reduce Covid-19 economic support measures
Qatar Central Bank will begin the implementation of its reduction strategy for its support packages. Qatar’s Central Bank (QCB) said it will soon gradually start reducing financial support measures that…
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Qataris online rally to scrap bank debts
Social media users in Qatar have called for the scrapping of debts in the Gulf country. Citizens in Qatar asked for authorities to relieve the debts of families of the…
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Ahli Bank eyes debt sale to raise $500 million
The Qatar-based bank is seeking to raise $500 million in a bonds sale as Gulf economies face the repercussions of the Covid-19 pandemic. Qatar’s Ahli Bank is seeking to raise…
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QP kicks off US dollar bond debt sale
Leading global liquefied natural gas supplier Qatar Petroleum has begun marketing its four-tranche US dollar bonds. Qatar Petroleum (QP) started marketing its four-tranche US dollar-denominated bonds on Wednesday, Reuters reported.…
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Qatar’s Amir Tamim donates QR 200 million to wipe out debts
On the occasion of the holy month of Ramadan, the Amir of Qatar personally contributed to relieve those in debt. Sheikh Tamim bin Hamad Al Thani personally paid QR 200…
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