I have moved newly to Qatar. I would like to have your views on the general market conditions in Qatar now. Is Qatar also hit by recession , is there a slow down in business i Qatar as well : look forward for your views.
The condition of the Market is Very good, Market (PI's) performance indicators highly positive at this stage.
Been in this market for the past 35 years, seen it all so far, i can say at this stage the market is going into correction phase, and will recover within February - March 2011, indicators also reffers to stability in economy until 2013.
Note: if Qatar won 2022 bid that would be another senario.
Thus, If your new entrance to the market, you might need to better understand the market from :
1. New Entrance Barriers
2. Law's
3. Prices
These are what make most of the people jump from the window after short period of time...
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never heard of anyone jumping out from the window in Qatar.
What makes most people jump out from the window is the rental of accommodation...
The condition of the Market is Very good, Market (PI's) performance indicators highly positive at this stage.
Been in this market for the past 35 years, seen it all so far, i can say at this stage the market is going into correction phase, and will recover within February - March 2011, indicators also reffers to stability in economy until 2013.
Note: if Qatar won 2022 bid that would be another senario.
Thus, If your new entrance to the market, you might need to better understand the market from :
1. New Entrance Barriers
2. Law's
3. Prices
These are what make most of the people jump from the window after short period of time...
Hope that help...
they're going to rename the Pearl development to Peril.
so yes the outlook is grim for any mortgage investment.
Oil and gas, yes. Construction? Wait for 2 days.
Mandi
Was not referring to teh financial market , i was referring to the oil and gas and the construction market
Your question is too broad. If you are referring to the Financial Market, I can predict that it will remain bullish until the 1Q of next year.
Expect a big boom it trade after 2 days :o)