Qatar postpones $8 billion of un-awarded contracts for capex projects due to coronavirus

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

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