Non-hydrocarbon sector to perform better

DOHA: The non-hydrocarbon sector that holds the key to Qatar’s economic diversification effort has been forecast to perform better than the energy sector in the current quarter (Q1 of 2013).
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A prominent Dubai-based market research body, in its quarterly business optimism index survey on Qatar, says transport and communications on one hand, and trade hospitality and manufacturing sectors on the other might take the cake this quarter in performance.
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Dun & Bradstreet South Asia Middle East Ltd (D&B), in association with the Qatar Financial Centre Authority (QFCA) yesterday released the Business Optimism Index (BOI) Survey on Qatar for Q1 of 2013.
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“As observed in the past two quarters, we continue to see high optimism (particularly) among businesses in transport and communications,” Prashant Kumar, Associate Director D&B, told reporters.
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Releasing the findings of the survey, he added: “It also reflects rising optimism levels in trade and hospitality as well as the manufacturing sectors.”
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Read more: http://thepeninsulaqatar.com/business/224401-non-hydrocarbon-sector-to-perform-better.html