Santhosh V. Perumal

Domestic institutions were seen increasingly net buyers on the Qatar Stock Exchange, which otherwise closed in the negative this week amidst moves to introduce mandatory health insurance and robust outlook on the global energy prices.

The proposed mandatory health cover requirement yesterday buoyed the insurance sector, lifting the sentiments in the Qatar Stock Exchange whose index surpassed the 10,100 levels.

The year 2021 has started off on a solid footing for Doha's commercial banks as their total assets expanded faster year-on-year than the country’s gross domestic product (GDP) this January, according to the Qatar Central Bank data.

The Qatar Stock Exchange on Wednesday witnessed increased buying interests from the domestic institutions but overall it settled below 10,000 levels.

The inflation risk in the Gulf Co-operation Council (GCC) is low, despite surging food costs, according to Oxford Economics.

The Qatar Stock Exchange on Tuesday witnessed buying interests in four of the seven sectors but overall it settled a tad above 10,000 levels amidst weakened net selling from foreign funds.

The Qatar Central Bank (QCB) is planning to launch its regulatory sandbox this year, which offers a safe and controlled space for entities to test out their fintech solutions under relaxed regulatory requirements.

Qatar, which hosts on an average more than 150 sport events annually, on Monday showcased the multi-billion riyal opportunities in the short to medium term in various fields within the sports sector as the country hosts the FIFA World Cup in 2022 and Asian Games in 2030.