Economy

Infrastructure upgrades, strategic foreign investments, and policy stability continue to fuel robust non-oil activity, which remains central to Qatar’s growth story. — FILE
Qatar’s economy thrives on energy exports, robust infrastructure, and strategic investments. — FILE
Lusail City emerges as Qatar’s smart, sustainable future, blending technology and eco-conscious design to meet global standards. — David Ramos/Getty Images
GCC plans to unify Gulf trade and transport with an advanced rail network by 2030. — Haidar Mohammed Ali/Anadolu via Getty Images | Image used for illustrative purposes only.

GCC banks cut rates in sync with Fed

Banks across the GCC — including in Saudi Arabia, Qatar, Bahrain, and the UAE — have mirrored the US Federal Reserve's rate cut, with interest rate reductions aiming to bolster credit-driven growth in the Gulf.

GCC follows Fed rate cuts, reinforcing the Gulf's economic resilience. — FILE
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