FIFA world cup helped Qatar's economy expand 8pc in fourth quarter.
The successful hosting of the Fifa World Cup boosted Qatar's economy to grow by eight percent on an annual basis in the fourth quarter of last year, SandP Global Market Intelligence said in its latest report.
The Arab country's gross domestic product jumped to 179.99 billion Qatari riyals ($49.44 billion) at constant prices in the fourth quarter of last year, compared with 166.68 billion riyals in the same period in 2021, Qatar's Planning and Statistics Authority said in its preliminary estimates released on Tuesday.
'[The growth] is in line with our expectations and propped up by strong services sector activity amid the Fifa World Cup hosting,' Jamil Naayem, principal economist at SandP...
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