moody's Archives

2 min

Business

‘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…

Business

Qatar avoids financial downgrade by Moody’s

However, Moody’s said on Saturday that it had a “negative outlook” for Qatar as the government takes on more debt.

2 min

News

Qatar government foots $642m bill for home electricity each year

The typical Qatar household pays an average of 2.3 cents per kilowatt hour (kWh), even though that costs 4.2 cents to generate. That means the government covers US1.9 cents for every kWh consumed by residential users.