Qatar's Real Estate Rollercoaster: PMI Climbs as Construction Naps
Key Points
- Qatar's non-oil sector is booming, with the S&P Global PMI r...
Qatar's non-oil sector just got a shot of espresso, perking up faster than a property agent spotting a cash buyer. The latest numbers show the country's economy diversifying quicker than you can say "drill baby drill."
From Black Gold to Solid Gold
The S&P Global PMI hit 51.0 in February, up from January's sleepy 50.2, proving there's more to Qatar than just being OPEC's favorite party guest. Employment numbers are soaring higher than luxury penthouse prices, especially in retail and wholesale sectors, where hiring managers are apparently competing for the "Most Job Offers Written in One D...
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