Qatar’s sold properties surge 47% in April – MDPS

Mubasher: The number of sold properties in Qatar hiked 47.2% month-on-month in April 2018, according to the ministry of development planning and statistics’ (MDPS) monthly bulletin issued on Tuesday.

The total number of building permits decreased 7% year-on-year to 662 in the fourth month of 2018.

Meanwhile, total broad money supply (M2) increased 116% year-on-year to around QAR 585.9 billion in April, the ministry's data showed.

In a related note, the data demonstrated a 1.7% year-on-year hike in the gas-rich nation's cash equivalents to QAR 794.3 billion during the same period.

Mubasher Contribution Time: 05-Jun-2018 11:05 (GMT)
Mubasher Last Update Time: 05-Jun-2018 11:12 (GMT)