FIFA World Cup to have favourable economic impact over next 12 months: QFC ...Qatar

The FIFA World Cup, which kicks off here in the next two weeks, is expected to leave a "favourable" economic impact over the next 12 months, according to the Qatar Financial Centre (QFC). "There are hopes that the sporting event will have a favourable impact on the country over the next 12 months with sentiment improving to a two-year high," QFC Authority chief executive officer Yousuf Mohamed al-Jaida said after disclosing the findings of the latest purchasing managers' index (PMI) survey. The Qatar PMI indices are compiled from survey responses from a panel of around 450 private sector companies. The panel covers the manufacturing, construction, wholesale, retail, and services sectors, an

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