Qatar Grants $1.5 Billion in Government Tenders for Q2 2024

Qatar, 6 August, 2024 : Qatar’s Ministry of Finance announced that government tenders and auctions in Q2 2024 totaled QR5.5 billion ($1.5 billion). 

Of this, QR4.5 billion was awarded to local companies, reflecting a 13.5% decrease from the previous year. In contrast, tenders valued at QR1 billion were granted to foreign companies, marking a 67% increase compared to Q2 2023.

The ministry reported that 650 tenders, practices, and direct agreements were awarded during the quarter, with the highest number in the culture and sports sectors, followed by trade, control and judiciary, and defense and security.

Source : www.zawya.com