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Tag Archives: 2022 soccer World Cup

Japan-based loan adds to Qatar banks’ borrowing spree

A $166 million international loan to Commercial Bank of Qatar (CBQ) is part of a rapid increase in foreign debt at Qatari banks as they raise money to operate in an era of cheap oil. After a decade in which they comfortably financed themselves from domestic sources, banks and other firms around the Gulf are coming to rely more on ...

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