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Qatar market reacts slightly to Credit Suisse’s FIFA dropout scenario

: Thursday, August 14 - 2014 @ 18:35

The Qatar Exchange 20 Index slipped 0.13 per cent to 13.505.26 points on Thursday, August 14.

Earlier in the day, Credit Suisse revealed in a study on the possible impact on the Qatari economy that if the gas-rich state would lose its role of hosting the 2022 FIFA World Cup, the short-term effect would translate into a 20 per cent index decline at the stock market and some projects being cancelled, but the country would remain on a growth track, the Wall Street Journal reports.

Gérard Al-Fil

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Thursday, August 14- 2014 @ 18:35 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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