Latest news with #QR200


Qatar Tribune
02-08-2025
- Business
- Qatar Tribune
QCB issues treasury bills worth QR1.3 billion
Qatar Central Bank (QCB) has issued treasury bills for maturities of 7 days, 28 days, 91 days, 189 days, 252 days, and 336 days, worth QR1.3 billion. In a post on X platform on Thursday, QCB said that the treasury bills issued were distributed as follows: QR500 million for a 7-day term (New Issuance) at an interest rate of 4.610 percent, QR200 million for a 28-day term (New Issuance) at an interest rate of 4.611 percent, QR200 million for a 91-day term (Tap Issuance) at an interest rate of 4.546 percent, QR200 million for a 189-day term (Tap Issuance) at an interest rate of 4.461 percent, QR100 million for a 252-day term (Tap Issuance) at an interest rate of 4.415 percent, and QR100 million for a 336-day term (Tap Issuance) at an interest rate of 4.365 percent. According to QCB, the total auction bids for the treasury bills amounted to QR4.4 billion.


Qatar Tribune
31-07-2025
- Business
- Qatar Tribune
QCB allocates QR1.3 billion in latest treasury bills auction
Tribune News Network Doha The Qatar Central Bank (QCB) announced the successful issuance of treasury bills worth QR1.3 billion on Thursday, July 31, 2025. The auction drew strong demand from banks, with bids totaling QR4.4billion, more than three times theallocated amount. The issuance covered multiple maturities ranging from seven days to 336 days, combining both new and tap issuances. The highest allocation was made in the seven-day tenor, where QR 500 million was issued at a yield of 4.610 percent. In the 28-day tenor, QR200 million was allocated at a yield of 4.611 percent. The 91-day tap issuance saw an allocation of QR200 million at 4.546 percent, while the 189-day tenor carried a similar allocation at 4.461 percent. Longer-dated instruments included a 252-day tap issuance of QR100 million at 4.415 percent and a 336-day tap issuance of QR100 million at 4.365 percent. The yields showed a gradual decline as the maturities extended, reflecting steady investor appetite for QCB's short-term debt instruments and signaling confidence in the stability of monetary conditions. The strong bid-to-cover ratio, with QR4.4 billion in bids against QR1.3 billion in accepted allocations, highlighted the banking sector's appetite for safe central bank securities. The issuance of QCB bills plays a crucial role in the central bank's liquidity management framework, providing short-term investment options for banks while also serving as an important indicator of market interest rates. By maintaining strong demand and stable yields, the latest auction reaffirmed market confidence in Qatar's monetary policy direction. This issuance comes as part of the central bank's ongoing efforts to regulate liquidity, curb inflationary pressures, and ensure the stability of the Qatari riyal, thereby supporting the country's broader economic growth objectives.


Qatar Tribune
03-07-2025
- Science
- Qatar Tribune
Awqaf, MoSY launch second edition of Outstanding Young Researchers Award
QNA Doha The Ministries of Endowments and Islamic Affairs (Awqaf) and Sports and Youth have announced the launch of the second edition of the Outstanding Young Researchers Award, held this year under the theme 'Youth and Social Responsibility: Duties and Challenges... Qatari Society as a Model'. The award aims to strengthen the strategic partnership between the two parties and support efforts to empower Qatari and resident youth in the field of scientific research. Director of the Department of Islamic Research and Studies at Awqaf, Sheikh Dr Ahmed bin Mohammed bin Ghanem Al Thani said that the award is a qualitative initiative targeting young researchers, seeking to encourage them to study the most pressing societal challenges and propose practical solutions that contribute to the advancement of society. He pointed out that the first edition of the award addressed the issue of late marriage and its impact on young people in Qatari society. He explained that the second edition features nine research themes addressing the legal, educational, and cultural dimensions of social responsibility, in addition to the role of values and national identity, voluntary work, and youth initiatives, as well as the intellectual, cultural, and economic challenges facing young people in shouldering this responsibility. For her part, Director of the Planning, Quality, and Innovation Department at the Ministry of Sports and Youth (MoSY), Maha Al Rumaihi said that the award represents one of the fruits of Qatar's National Youth Policy and reflects the Ministry's commitment to investing in the energies of young people, directing their interests toward serving the community, and fostering a balanced national character that is proud of its identity and capable of positively addressing challenges. She explained that the discussion of these issues by young researchers lends greater credibility to the proposal and enhances the effectiveness of its treatment. She also praised the efforts of the Ministry of Endowments and Islamic Affairs in supporting scientific research among young people. The award's organizing committee has set several conditions and criteria for participation, including that the researcher be Qatari or a resident of Qatar, between the ages of 20 and 39, and that the research be prepared specifically for the award in Arabic, according to precise scientific methodology. The research must be no less than 100 pages and no more than 150 pages (A4 size). Two copies (PDF and Word) must be sent to the designated email address, along with a CV and a copy of the contestant's ID card. Two or more researchers are permitted to participate in preparing the research, but the award may be withheld or withdrawn in the event of non-compliance with the conditions or the discovery of violations. The value of the prizes allocated to the winners amounts to more than QR200,000, with the first-place winner receiving QR100,000, the second-place winner receiving QR75,000, and the third-place winner receiving QR50,000. Sunday, July 5, 2026, has been set as the deadline for submitting participating in research papers. The scientific evaluation phase will begin immediately thereafter, considering precise criteria that include the quality of content, the depth of analysis, and the realism of the proposed solutions.


Zawya
14-02-2025
- Business
- Zawya
Qatar: Housing market key driver for realty growth in 2024
DOHA: As per the latest review report by ValuStrat, Qatar's real estate market remained relatively stable throughout the past year, with performance aligning closely with expectations. While some sectors saw slight declines, the overall market held firm and a modest recovery was noted in the latter half of the year. In particular, the residential sector saw improved performance in larger, high-end units in select areas. The ValuStrat Price Index (VPI) showed minimal fluctuations, further reflecting the market's stability. Villas and apartments maintained their value, solidifying their reputation as reliable investment options. In Q1 2024, Qatar's residential stock was estimated at 394,000 units, comprising approximately 148,000 villas and 246,000 apartments, with Census 2020 data serving as the base. The volume of transactions saw a decline of 34 percent compared to the previous quarter. However, the median transaction price for residential units rose by 3.7 percent Quarter-over-Quarter (QoQ) to QR2.8m, remaining stable year-over-year (YoY). Doha and Al Rayyan recorded the highest transaction volumes for residential houses. In terms of rental activity, the median monthly rental value of residential units decreased by 3.6 percent QoQ and 6 percent compared to the previous year. The median leasing rate for apartments dropped by 4 percent quarterly and 6.3 percent YoY, while the villa sub-market saw a more moderate decline of 1 percent QoQ and 4 percent YoY. The fourth quarter saw a remarkable recovery, with transactions up 25 percent year-over-year and a striking 168 percent increase in value, signaling strong buyer interest as favorable conditions took hold. In the office sector, there was a subtle shift in momentum. Grade A offices in West Bay and Lusail saw higher occupancy, reflecting their continued appeal, while secondary locations struggled with lower occupancy rates and declining rents. Nevertheless, office rents across the city remained steady throughout the year, underscoring their sustained demand. Qatar's total office stock was estimated at 7.1 million square meters (sq m) of Gross Leasable Area (GLA). An additional 394,000 sq m of office space is expected to be completed by 2025. Office rents saw a decline of 1.5 percent on a quarterly basis and a 5.7 percent decrease YoY, reaching QR66 per sq m per month. On the retail front, performance was mixed. Malls and street retail in Doha experienced slight quarterly declines, while retail outside the city showed greater stability, with consistent demand throughout the year. Qatar's total stock of organised retail space amounted to 2.4 million square meters (sq m) of Gross Leasable Area (GLA), with the addition of Aventura Mall (11,000 sq m GLA) during the quarter. The median monthly rent for shopping centers decreased to QR200 per sq m, reflecting a 4.8 percent decline on a quarterly basis and a 7 percent reduction compared to Q1 2022. Meanwhile, the median monthly asking rent for street retail in Doha remained stable at QR154 per sq m QoQ but showed a 3.8 percent decrease year-over-year. For street retail outside Doha, the median rent was QR146 per sq m, down 1.4 percent over the last two quarters. According to the National Planning Council, Qatar's real GDP grew by 1.5 percent YoY and 2.8 percent QoQ in Q1 2024, reaching QR175.3bn. The NPC also reported a Consumer Price Index of 106.7 points, reflecting a 0.9 percent increase YoY, however a 1.4 percent decrease month-over-month. Industry leaders expressed a 'cautiously optimistic' outlook for 2025, stating that although the market has shown consistent stability in recent quarters, early indicators of improvement in key areas suggest that growth may continue across various real estate sectors. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (