Comment

"February was another positive month for the Qatari private sector labour market, with employment increasing further on the back of January's strong recruitment. Sustained workforce growth suggests firms are gearing up for greater workloads in the coming months, which is reflected in the forward-looking business expectations index being at its second-highest level yet recorded. 71% of survey respondents expect activity to rise over the next 12 months. While the underlying trend signifies resurgent growth, particularly compared to the 4th quarter of 2018, February's PMI reading registered a slight dip from January's 6- month high."

Sheikha Alanoud bint Hamad Al-Thani, Managing Director, Business Development, QFC Authority