We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

Qatari Growth Slows As Energy Sector Sluggish

State of Qatar

Qatar's economic growth slowed in the third quarter of the year but was supported by strong expansion of non-oil sectors, data released by the statistics authority showed on Sunday.


December 30, 2012 7:24 by

Gross domestic product in the July-September period, adjusted for inflation, rose 3.9 percent from a year earlier and grew 1.7 percent from the previous quarter.


That marked a slowdown from the second quarter of this year, when real GDP grew 5 percent from a year ago, and the first quarter, when growth was 6.9 percent.


A period of heavy investment in Qatar’s oil and gas resources ended last year, meaning the energy industry, which accounts for almost half the economy, is now contributing much less to growth.


The mining and quarrying sector, which includes oil and gas, shrank 0.8 percent from a year ago in the third quarter and rose only 0.6 percent from the previous quarter.


But other parts of the economy picked up much of the slack, with manufacturing expanding 13.6 percent year-on-year, construction growing 9.4 percent and the financial sector rising 4.7 percent.


Qatar plans to spend tens of billions of dollars on infrastructure in the coming years to help it host the 2022 soccer World Cup. The government’s planning authority said last week that after a slow start, the building plans were picking up speed and would accelerate further next year.


The authority forecast that Qatar’s real GDP would expand 4.8 percent in 2013 after an estimated 6.3 percent in 2012.




Leave a Comment