On Tuesday, Qatar’s ruler asked the government to delay $8.2 billion in unawarded contracts on capital expenditure projects due to the coronavirus outbreak.

The outbreak is likely to negatively impact the Qatari economy and could lead to a recession, said the Gulf state.

On Tuesday, Qatar started marketing a triple-tranche U.S. dollar-denominated bond.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

Tags: bond, capital expenditure, coronavirus outbreak, delay, denominated, economics, economy, Gulf, Gulf state, marketing, MENA, negatively impact, postpone, projects, Qatar, Qatari economy, recession, triple- ranche, U.S. dollar, unawarded contracts