Banks drag Qatar Exchange down slightly

30 November 2010

The QE index in Doha declined 0.20% on Tuesday, closing at 12,605.44 points. Al Khaliji Commercial Bank shares dipped 0.66 to finish at QR15.10 as most financial stocks weakened. The QE Index posted during the first 11 months 2010 a gain of 17% straight. Willem Buiter, Chief Economist at Citi says in today’s published Global Economic Outlook and Strategy that he expects Qatar to grow 15% n 2011 and 10% in 2012. These would be the highest growth rates in the Middlea East and Africa.

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