openPR Logo
Press release

Covid Recovery and Promotion of EVs Fueling Demand for Auto Finance in Qatar: Ken Research

11-29-2022 09:46 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt .Ltd

Covid Recovery and Promotion of EVs Fueling Demand for Auto

1. Banks dominate the Qatar Auto Finance market owing to lower interest rate and flexible repayment tenors

The Qatar Auto Finance Market is consolidated with Banks having major share in the market. Banks are providing 100% and 80% finance for electric and hybrid car/vehicles to Qatari customers and expats to reward them for making an environmentally-friendly choice. This is expected to attract the consumers to opt for auto financing in the country.

2. Qatar Central Bank infused capital as part of Covid-19 Recovery Measures

Under the Vision 2030, the Qatar Government plans on reducing the oil dependency and looking forward towards the adoption as well as manufacturing of Electric Vehicles. Qatar National FinTech Taskforce was set up in 2017 to create a strong and sustainable FinTech ecosystem. As part of the FinTech Strategy, QCB has launched "sandbox" technology for computer security. As part of Covid-19 measures, QCB also infused capital into MSMEs of systemically important sectors to neutralize impact of Covid-19. Some other government policies include annual inspection of every car in Qatar and Expats importing a car must have Residence Permit.

Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDY2

3. Digital Currency and Neo-Banking Qatar Auto Finance Market is expected to Generate Revenue of more than QR 18,000 Mn in 2026F

Qatar has been improving its financial and banking system due to revenues generated from natural gas and oil reserves. Compressed natural gas (CNG) vehicles, electric vehicles (EVs), and liquefied petroleum gas (LPG) vehicles are expected to show substantial market penetration in the near future, which boost the demand for natural gas in the long-term.

Visit @ https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/qatar-auto-finance-market-outlook-to-2026/596066-93.html

4. Use of advanced technology is the next evolution for Qatar Auto Finance Market

When customers shop for a car, they need information about two things: the car itself and how to finance it. A tighter online integration of information gathering for car buying and car financing can help move a consumer to the next stage of the purchasing process. The solution is an interactive online interface embedded with AI. The online experience must extend seamlessly into the dealership.

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/qatar-auto-finance-market-outlook-to-2026/596066-93.html

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Covid Recovery and Promotion of EVs Fueling Demand for Auto Finance in Qatar: Ken Research here

News-ID: 2825905 • Views:

More Releases from Ken Research Pvt .Ltd

Ken Research Stated UAE Lubricants Market to Reached USD 1 Billion
Ken Research Stated UAE Lubricants Market to Reached USD 1 Billion
Comprehensive market analysis maps demand pockets, re-export corridors, and strategic imperatives across automotive, industrial, and marine end-use in the UAE's lubricant ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "UAE Lubricants Market Outlook to 2030," revealing that the current market size is valued at USD 1 billion, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to
India Apparel Market Crosses USD 68 Billion Milestone - Latest Insights by Ken Research
India Apparel Market Crosses USD 68 Billion Milestone - Latest Insights by Ken R …
Comprehensive market analysis maps consumer evolution, retail transformation, and policy-led competitiveness shaping India's apparel ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "India Apparel Market Outlook to 2030," revealing that the current market size is valued at USD 68 billion, based on a five-year historical analysis. The detailed analysis outlines how the market is poised to expand, driven by rising disposable incomes, rapid
Philippines E-commerce Logistics Market - Ken Research Stated the Sector is Valued at USD 1700 million with Strong Growth Potential
Philippines E-commerce Logistics Market - Ken Research Stated the Sector is Valu …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in the Philippines' rapidly evolving e-commerce logistics ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "Philippines E-commerce Logistics Market Outlook to 2028," revealing that the current market size is valued at over USD 1700 million, based on a five-year historical analysis. The comprehensive analysis details how the market
Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded at 8,870 Cases with Strong Growth Potential
Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded a …
Comprehensive analysis charts rising incidence, capacity build-out, and investment pathways across two high-potential Uttar Pradesh districts. Delhi, India - October 3, 2025 - Ken Research released its strategic market analysis titled "Budaun & Pilibhit Oncology Market Outlook to 2029," revealing that the current market size is recorded at 8,870 cases, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to expand, driven by rising cancer

All 5 Releases


More Releases for Qatar

Mawaqif Qatar, the leading car park operator in Qatar
Mawaqif Qatar has emerged as the leading car park operator in Qatar. The Company's reputation for expertise in parking operations, facilities management, technology development and infrastructure services has enabled it to partner with several reputable organizations and businesses in the region. As part of its new project, Hamad Medical Corporation, Mawaqif Qatar implemented their state-of-the-art ticketless valet system consisting of a 100% cashless payment policy to provide customers with a seamless
qatar engineering & construction company,china railway construction engineering …
ASCO Qatar Consulting Engineers (ASCO) Al Bandary Engineering Al Darwish Engineering Wll Al Uthman Mechanical AlKaun Group Aljaber Engineering LLC Anton Nehmeh Arab Engineering Bureau Arabian Construction Engineering Company (ACEC) Arabian Mep Contracting Arc De Triomphe Black Cat Engineering Construction Wll Boom Construction CMTC https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com Descon Engineering EHAF Consulting Engineers Egis International Electro Mechanical Engineering Company Engineering Building Materials Co. Erga Group Qatar Etimaad Get Qatar Gulf Engineering and Industrial Consultancy Jersey Group https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com MEDGULF Construction Company Mercury Engineering Qatar Nael Bin Harmal OB International Prominent Qatar Qatar Building Company Qatar Integrated Building Solutions WLL Seero Engineering
Qatar World Bank International Remittance Report | Weekly Funding Limit Remittan …
Why is it important for exchange houses in Qatar to re-assess their current business positioning Exchange houses in Qatar dominate the international remittance industry by facilitating more than 1 million transactions on a monthly basis. As of June 2021, there were 20 exchange houses operating with a total of 141 branches located in different provinces of Qatar. Al Dar for exchange works, established in 2006, operates highest number of ~21 branches
International Remittance Industry in Qatar | Qatar Market share of Exchange Hous …
Qatar – 88% of Population are Expatriates Qatar is home 2.8 Million population with more than 88% of population comprising of expats with India, Nepal, Philippines, Bangladesh, Sri Lanka, Egypt and others being key source countries. In 2019, outward remittances were recorded at 6.5% of total GDP of country with India being the prominent corridor of outward remittance transactions. During the period of 2013-19, there has been a multi-fold growth in
Qatar Telecoms, Mobile and Broadband Market 2019 Upcoming Trends, Challenges and …
WiseGuyReports.com “Qatar - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database. Scope of the Report: Qatar - Telecoms High focus on fixed and mobile broadband in Qatar The focus of fixed broadband network deployment has firmly shifted to fibre in Qatar, with the number of DSL connections declining by around 100,000 since they reached their peak in 2011. Today, 99% of households are in areas
Qatar Telecoms, Mobile and Broadband Market Growth, Analysis, Challenges and Ind …
WiseGuyReports.com “Qatar - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database. Scope of the Report: Qatar - Telecoms High focus on fixed and mobile broadband in Qatar The focus of fixed broadband network deployment has firmly shifted to fibre in Qatar, with the number of DSL connections declining by around 100,000 since they reached their peak in 2011. Today, 99% of households are in areas