Qatar's industrial output rose 7.8% in Q3, but trade surplus and vessel callings fell.

Qatar's Industrial Production Index (IPI) rose 7.8% in Q3 2024, reaching 103.6 points, but saw a 1.5% annual drop. Foreign trade surplus fell 10.7%, and vessel callings decreased 6% year-over-year. Monthly rent for ambient warehouses stayed at QR36.9 per sq m, down 5.7% annually, while cold storage rents rose 2%. Qatar Energy signed a 20-year deal with Shell, and Qatar's ports saw a 5% increase in cargo handling in November, aligning with Qatar’s economic diversification goals.

December 02, 2024
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