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04 Aug 2021 - 8:45 The Peninsula Doha: Qatar’s private sector exports rose by 321 percent to QR2.57bn in May 2021 from QR609m in May 2020, a significant growth that showed that the national economy has recovered from the repercussions of the COVID-19 pandemic with the country’s private sector exports now above pre-pandemic levels, according to a Qatar Chamber (QC) report. When compared on a month-on-month (M-o-M) basis, Qatari private sector exports increased by 24 percent from QR2.06bn in April 2021, QC has said in its monthly economic newsletter for July, which is prepared by QC’s Research & Studies Department. In May, private sector exports grew by 31.6 percent compared to QR1.9bn in February 2020, which registered the highest value of exports from the beginning of 2020; while it increased by 349.3 percent compared to QR572m in April 2020, which represented the lowest value during this period. ....
26 Jan 2021 - 8:07 The Peninsula Doha: Qatar’s economy in 2020 demonstrated the country’s resilience and competence during crises such as the COVID-19 pandemic and the significant decline of oil prices. This was amplified by international indicators which have unanimously agreed that Qatar has obtained the highest credit ratings worldwide, Qatar Chamber (QC) has said in its latest monthly economic newsletter for January 2021. The newsletter, which was prepared by the QC’s Research & Studies Department, highlights the most prominent trends in the Qatari economy, as well as statistics related to foreign trade and trade of private sector in November 2020. The International Monetary Fund (IMF) expects Qatar’s GDP to grow by 2.7 percent in 2021 with the help of growing natural gas production and a rebound in domestic demand, as well as the economy’s ability to quickly recover from the consequences of the COVID-19 pandemic. ....