Monthly Monetary Bulletin-May 2007

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≤∞∞∑ u¹U� www.qcb.gov.qa رقـــم إاليـــــــداع بـــدار الـكـتــب الـقـطـريــــة : 559 / 2007 الــرقــــم الـــدولـــي ) ردمــــك ( : 8 - 1 - 758 - 99921 For correspondence and Inquires: «—U‡‡‡‡‡‡‡‡�H²Ýô«Ë ö‡‡‡‡‡Ý«dLK� Department of Economic Policies W‡‡‡‡¹œUB²�ô« U‡‡ÝU‡‡‡O��« …—«œ≈ Qatar Central Bank ÍeÖd*« d‡‡‡‡‡‡‡‡D� ·d‡‡B� P.O.Box: 1234 ±≤≥¥ ∫» Æ’ Doha - Qatar dD� ≠ WŠËb�« Tel.: +(974) 445 6456 ´©π∑¥® ¥¥µ ∂¥µ∂ ∫ÊuHOKð Fax: +(974) 441 6771 ´©π∑¥® ¥¥± ∂∑∑± ∫f�U‡‡� [email protected] website: www.qcb.gov.qa

Monthly Monetary Bulletin, MayMay. 20072007 2 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� £

Monthly Monetary Bulletin, MayMay. 20072007 3 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table Subject No. Page

± أ�هم√¼r ؤم��شرات�dýR» القطاع»�w�dB*« ŸUDIامل�صرفـي Main Indicators of of Banking the Banking Sector Sector 7 1 Money and Banking

2 Currency Issued 8 —b‡‡‡‡‡B*« b‡‡‡IM�« ≤

3 Monetary Survey of the Banking System 9 w‡‡‡�d‡B*« “U‡‡‡N−K� Íb‡‡‡IM�« `‡‡‡�*« ≥

4 Banks’ Claims on Government & Private Sector 10 ’U)« ŸUDI�«Ë W�uJ(« vKŽ „uM³�« U³�UD� ¥

5 Money Supply 11 b‡‡‡‡‡‡‡IM�« ÷d‡‡‡‡‡‡Ž µ

6 Changes in Money Supply 12 b‡‡IM�« ÷d‡‡‡Ž w‡‡� d‡‡OG²�« ∂

7 Changes in Factors Affecting Money Supply (M2) 13 ©≤Â® bIM�« ÷dŽ vKŽ …dŁR*« q�«uF�« w� dOG²�« ∑

8 Financial Statement of Qatar Central BankBank(Assets) (Assets) 14 © «œu‡‡łu*«® Íe�d*« dD� ·dB* WO�U*« UÐU�(« ∏

9 Financial Statement of Qatar Central BankBank(Liabilities) (Liabilities) 15 © UÐuKD*«® Íe�d*« dD� ·dB* WO�U*« UÐU�(« π

10 Reserve Money (M0) & The Counterpart Assets 16 UN� WKÐUI*« «œułu*«Ë WOÞUO²Šô« œuIM�« ±∞

11 QCB’s International Reserves 17 Íe�d*« dD� ·dB� Èb� WO�Ëb�« UOÞUO²Šô« ±±

12 Commercial Banks’ Assets 18 W¹—U−²�« „uM³�« «œułu� ±≤

13 Commercial Banks’ Liabilities 19 W¹—U−²�« „uM³�« UÐuKD� ±≥

14 Deposits of Commercial Banks 20 W¹—U−²�« „uM³�« lz«œË nOMBð ±¥

15 Distribution of Credit Facilities 21 WO½UL²zô« öON�²�« l¹“uð ±µ 16 Banks’ Clearings 22 „u‡‡‡M³�« ’U‡‡‡‡Ið ±∂ £ 17 Banks’ Groups (Assets) 23 © «œułu*«® „uM³�« UŽuL−� ±∑

18 Banks’ Groups (Liabilities) 24 © UÐuKD*«® „uM³�« UŽuL−� ±∏

19 Banks’ Groups (Deposits) 25 ©lz«œu�«® „uM³�« UŽuL−� ±π

20 Banks’ Groups (Credit Facilities) 26 ©WO½UL²zô« öON�²�«® „uM³�« UŽuL−� ≤∞

21 InterInterbank Banks Interest Rates in Qatari Riyal 27 „uM³�« 5Ð ö�UF*« vKŽ …bzUH�« —UFÝ√ ≤±

22 Interest Rates on Customers’ Deposits in Qatari Riyal 28 Íd‡DI�« ‰U‡‡‡‡‡‡¹d‡�UÐ ¡öLF�« l‡‡‡‡z«œË vKŽ …b‡zUH�« —UF‡‡‡‡Ý√ ≤≤

23 Interest Rates on Credit Facilities in Qatari Riyal 29 ÍdDI�« ‰U¹d�UÐ WO½UL²zô« öON�²�« vKŽ …bzUH�« —UFÝ√ ≤≥

24 QMR & Repo Operations 30 ¡«dA�« …œUŽ≈ UOKLŽË ÍdDI�« bIM�« ‚uÝ ≤¥

Public Finance

25 Domestic Government Bonds 31 WOK;« WO�uJ(« «bM��« ≤µ

Foreign Trade & Balance of Payments

26 Exchange RatesRate of GCC and Major Currencies 32 WO�Ozd�«Ë WO−OK)« öLF�« r¼√ ·d� —UFÝ√ ≤∂

Doha Securities Market

27 Doha Securities Market 33 WO�U*« ‚«—Ëú� WŠËb�« ‚uÝ ≤∑

Monthly Monetary Bulletin, MayMay. 20072007 4 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 3 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Definitions

INTRODUCTION: ∫W‡‡‡‡�bI� This bulletin contains a comprehensive data on money and W�Ëœ w� w�U?*«Ë Íb?IM�« ŸU?DI�« sŽ WK�U??ý U½U??OÐ vKŽ …d??AM�« Ác¼ Èu?²??% banking in Qatar. It is issued individually every month and it is W‡‡‡‡?‡OKB?H�« —u??N?A�« «b?Ž U?L??O?� ¨d?N?ý q� œd??HM� qJAÐ U¼—«b??�≈ r²¹Ë ¨dD� included in the Quarterly Statistical Bulletin in the 3rd, 6th, 9th, WOzU?BŠù« …dAM�« w� UNMO?LCð r²¹ YOŠ ¨©d?³L�¹œ ¨d³?L²³Ý ¨u?O½u¹ ¨”—U�® and last month of the year. ÆWOKBH�« I. Exchange Rate Policy: ·dB�« dFÝ WÝUOÝ ∫ÎôË√ÎÎ The Qatari Riyal (QR) is pegged to the US Dollar at QR 3.64 per qÐU?I?� ÍdDI�« ‰U¹dK� XÐUŁ ·d?� d?F?Ý W?ÝUO?Ý Íe?�d*« dD� ·d?B?� l³?²¹ Dollar. Æ—ôËbK� ‰U¹— ≥[∂¥ ‰œUF¹ U0 wJ¹d�_« —ôËb�« II. Money: b‡‡‡‡‡‡IM�« ∫ÎUO½UŁÎÎ Monetary Base (M0): The sum of currency issued by QCB and أال�سا�س »_U?Ý” النقدي »�Íb?IM∫ )م.(: q¦1 ميثل �?−?Ÿu?L جمموع »�b?IM النقد »*b?B— امل�صدر و أ�b?�—√Ë… ر�صدة »�uM³„ البنوك »�W¹—U?−?² التجارية �Èbلدى balances of commercial banks held with QCB (the required lz«œu�« ¨W???�U??I*« UÐU??�??Š ¨w�«e?�ù« wÞU??O??²??Šô«® Íe??�d*« d?D� ·d??B??� reserves, clearing balances, and short term deposits). Æ©qł_« …dOB� II.1 Money Supply: ∫bIM�« ÷dŽ ≠√ 1- M1: The sum of currency in circulation (notes and coins held W?O½b?F*« ö?L?F?�«Ë W?O?�—u�« œu?IM�«® ‰Ë«b?²�« w� b?I?M�« Ÿu?L?−?� q¦1 ∫±Â ≠± by the public) and resident customers' demand deposits in QR with commercial banks. ÆÍdDI�« ‰U¹d�UÐ VKD�« X% ©5LOI*«® ¡öLF�« lz«œËË ¨©—uNL'« Èb� 2- M2: The sum of M1, time and saving deposits in QR, and all ‰U¹d�U?Ð qł_Ë W¹—U??šœô« lz«œu�«Ë ¨©±Â® b??IM�« ÷d??Ž Ÿu?L??−??� q¦1 ∫≤Â ≠≤ types of resident customers' deposits in foreign currencies. ÆWO³Mł_« öLF�UÐ ©5LOI*«® ¡öLF�« lz«œË w�ULł≈Ë ¨ÍdDI�« 3- M3: The sum of M2 and government and government U???�???ÝR?*«Ë W???�uJ?(« lz«œËË ¨©≤Â® b???IM?�« ÷d???Ž Ÿu???L???−???� q?¦1 ∫≥Â ≠≥ institutions' deposits placed with commercial banks. ÆW¹—U−²�« „uM³�« Èb� WO�uJ(« II.2 Resident Deposits: ∫5LOI*« lz«œË ≠» 1. Deposits of Qatari’s Individuals, companies, and institutions. Æ U�ÝR�Ë U�dýË «œ«d�√Î ¨5¹dDI�« lz«œË ≠± 2. Deposits of non-Qataris living in Qatar for one year or more. Æd¦�√Ë WM�� dD� w� 5LOI*« V½Uł_« lz«œË ≠≤ 3. Deposits of foreign companies and institutions. ÆWO³Mł_« U�ÝR*«Ë U�dA�« lz«œË ≠≥ II.3 Non Resident Deposits: ∫5LOI*« dOž lz«œË ≠‡ł 1. Deposits of non-Qatari residing in Qatar for Less than one year. ÆÂUŽ s� q�_ …—U¹“ …dOýQ²Ð 5LOI*« V½Uł_« lz«œË ≠± 2. Deposits of Embassies, Foreign Consulates, and their non-Qatari ÆUN¹b� V½Uł_« 5K�UF�«Ë WO³Mł_« UOKBMI�«Ë «—UH��« lz«œË ≠≤ employees. w�dB*« “UN−K� ÍbIM�« `�*« ∫U¦�UŁÎÎÎ III. Monetary Survey of the Banking System.: ∫wK;« ÊUL²zô« ≠√ III.1 Domestic Credit: ÆdD� qš«œ ¡öLFK� „uM³�« s� W�bI*« WO½UL²zô« öON�²�« ŸuL−� q¦1 The sum of credit facilities extended to the domestic economy. ∫WO³Mł_« «œułu*« ≠» III.2 Foreign Assets: Ã—U)« w� ·dB*« «œu?łu� w�ULł≈ q¦1Ë ∫Íe?�d*« dD� ·dB� Èb� ≠± 1. QCB: All claims of QCB on non-residents, which contain ¨V¼c�« ¨W??O�U*« «—U??L??¦??²?Ýô« ¨Ã—U??)« w� „u?M³�« Èb� …b??�—_« qL??AðË balances with foreign banks, foreign securities, gold, IMF ÆW�U)« V×��« ‚uIŠ lz«œË ¨w�Ëb�« bIM�« ‚ËbM� w� WL¼U�*« reserves, and SDR holding. w‡?‡‡� W????OK?;« „uM³?�« «œu???łu????� w�U???L????ł≈ q¦9Ë ∫W????OK?;« „uM³?�« Èb� ≠≤ 2. Local Banks: All claims of local banks on non-residents, which vKŽ W??I??×??²??�*« …b??�—_« ¨W??O?³?Mł_« ö??L?F?�UÐ b??IM�« ∫qL??AðË Ã—U‡‡?‡‡)« contain cash in foreign currencies, balances with foreign W?ŠuML?*« W‡‡‡‡‡O½U??L?²zô« ö‡‡‡‡?‡‡O?N?�?²?�« ¨W‡‡‡‡‡‡‡?O�U*« «—U‡‡‡‡‡?L?¦?²?Ýô« ¨„u‡‡?‡‡M³�« banks, foreign securities, credit facilities granted to customers Èd???š_« «œu????łu*« ¨qł_« W?K¹uÞ «—U????L???¦???²????Ýô« ¨dD� Ã—U????š ¡ö‡L????F� outside Qatar, long-term investments abroad, and other assets ÆÃ—U)UÐ holding outside Qatar. ∫WO³Mł_« UÐuKD*« ≠‡ł III.3 Foreign Liabilities: ∫Íe�d*« dD� ·dB� vKŽ WO³Mł_« UÐuKD*« ≠± 1. QCB: All claims on QCB for non-residents, which contain WI×²�*« …b�—_« ¨Èdš_« W¹e�d*« „uM³K� WI×²�*« …b�—_« ŸuL−� qLAð �ÆwÐdF�« bIM�« ‚ËbMB، عمليات الريبو خارج قطر. amountamounts duedue to other other central central banks banks, and Arab Arab Monetary Monetary FundFund current account.account, and Repo Operations outside Qatar. ∫WOK;« „uM³�« vKŽ WO³Mł_« UÐuKD*« ≠≤ 2. Local banks: All claims on local bank for non-residents, which ¨Ã—U?)« w� „uM?³K� W?OK;« „uM³?�« vKŽ W?I?×?²??�*« …b?�—_« Ÿu?L?−??� qL?Að contain amounts due to foreign banks, non-resident ÆdD� Ã—Uš …—œUB�« WM¹b*« WO�U*« ‚«—Ë_«Ë ¨5LOI*« dOž ¡öLF�« lz«œËË customers deposits and debt securities issued outside Qatar.

Monthly Monetary Bulletin, May.May 20072007 5 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Definitions Definitions Definitions

INTRODUCTION: IV. Interest Rates: ÎÎÎ ∫W‡‡‡‡�bI� …bzUH�« —UFÝ√ ∫UFÐ«— This bulletin contains a comprehensive data on money and IV.1IV. Interest Official Rates: Interest Rates: …bzUH�« —UFÝ√ ∫ÎUFÐ«—ÎÎ W�Ëœ w� w�U?*«Ë Íb?IM�« ŸU?DI�« sŽ WK�U??ý U½U??OÐ vKŽ …d??AM�« Ác¼ Èu?²??% ∫WOLÝd�« …bzUH�« —UFÝ√ ≠√ banking in Qatar. It is issued individually every month and it is 1.IV.1 QCB Official Rate: Interest Overnight Rates: interest rates announced by QCB on ∫WOLÝd�« …bzUH�« —UFÝ√ ≠√ W‡‡‡‡?‡OKB?H�« —u??N?A�« «b?Ž U?L??O?� ¨d?N?ý q� œd??HM� qJAÐ U¼—«b??�≈ r²¹Ë ¨dD� 1. QCB Rate: Overnight interest rates announced by QCB on Íe?�d*« dD� ·dB?� s� sKF*« …bzU?H�« dF?Ý q¦1 ∫·dB?*« …bzU� d?FÝ ≠± included in the Quarterly Statistical Bulletin in the 3rd, 6th, 9th, lending and deposit transactions of local banks with QCB Íe?�d*« dD� ·dB?� s� sKF*« …bzU?H�« dF?Ý q¦1 ∫·dB?*« …bzU� d?FÝ ≠± WOzU?BŠù« …dAM�« w� UNMO?LCð r²¹ YOŠ ¨©d?³L�¹œ ¨d³?L²³Ý ¨u?O½u¹ ¨”—U�® lending and deposit transactions of local banks with QCB ‚UD?½ w� ·d??B?*«Ë „uM³�« 5?Ð r²ð w²?�« ÷«d??²???�ô«Ë Ÿ«b¹ô« U??O?KL??Ž v?KŽ and last month of the year. through the Qatar Money Market Rate (QMR) system. QMR is a ‚UD?½ w� ·d??B?*«Ë „uM³�« 5?Ð r²ð w²?�« ÷«d??²???�ô«Ë Ÿ«b¹ô« U??O?KL??Ž v?KŽ ÆWOKBH�« sJ?9 W¹b???I?½ …«œ√ ÍdDI?�« b???IM?�« ‚u???Ý ÂU?E½Ë ÆÍdD?I�« b???I?M�« ‚u???Ý ÂU?E½ I. Exchange Rate Policy: mechanismthrough the throughQatar Money which Market local banks Rate can(QMR) electronically system. QMR deposit is a ·dB�« dFÝ WÝUOÝ ∫ÎôË√ÎÎ sJ?9 W¹b???I?½ …«œ√ ÍdDI?�« b???IM?�« ‚u???Ý ÂU?E½Ë ÆÍdD?I�« b???I?M�« ‚u???Ý ÂU?E½ The Qatari Riyal (QR) is pegged to the US Dollar at QR 3.64 per with,mechanism and through borrow which from, local QCB banks for can different electronically periods deposit (from Íe??�d?*« dD� ·d???B??� s� ÷«d???²??�ô« Ë√ Èb?‡‡‡‡?� Ÿ«b¹ô« s� W‡?‡OK;« „u?M³�« qÐU?I?� ÍdDI�« ‰U¹dK� XÐUŁ ·d?� d?F?Ý W?ÝUO?Ý Íe?�d*« dD� ·d?B?� l³?²¹ with, and borrow from, QCB for different periods (from Íe??�d?*« dD� ·d???B??� s� ÷«d???²??�ô« Ë√ Èb?‡‡‡‡?� Ÿ«b¹ô« s� W‡?‡OK;« „u?M³�« Dollar. overnight till 30 days). ÆU�u¹Î 5ŁöŁ v²Š …bŠ«Ë WKO� s� b²9 ‰Ułü ©UO½Ëd²J�≈® Æ—ôËbK� ‰U¹— ≥[∂¥ ‰œUF¹ U0 wJ¹d�_« —ôËb�« overnight till 30 days). ÆU�u¹Î 5ŁöŁ v²Š …bŠ«Ë WKO� s� b²9 ‰Ułü ©UO½Ëd²J�≈® II. Money: 2- Repo Rate: An interest rate set by QCB for local banks to Áœb??×¹ Íc?‡‡‡‡‡?�« …b‡‡‡‡?‡‡‡‡zU???H�« d??F??Ý ∫¡«d‡‡?‡‡‡‡?‡‡A�« …œU‡?‡‡‡‡?Ž≈ …bzU‡‡‡?‡‡‡� d‡?‡‡‡‡?‡F??Ý ≠≤ b‡‡‡‡‡‡IM�« ∫ÎUO½UŁÎÎ 2- Repo Rate: An interest rate set by QCB for local banks to Áœb??×¹ Íc?‡‡‡‡‡?�« …b‡‡‡‡?‡‡‡‡zU???H�« d??F??Ý ∫¡«d‡‡?‡‡‡‡?‡‡A�« …œU‡?‡‡‡‡?Ž≈ …bzU‡‡‡?‡‡‡� d‡?‡‡‡‡?‡F??Ý ≠≤ Monetary Base (M0): The sum of currency issued by QCB and »_dý …œUŽ≈ UOKLŽ vKŽ Íe�d*« d‡‡‡‡‡D� ·d‡‡‡‡‡‡‡‡‡B� Èb� W¹—U?−?²�« „uM³�« …b?�—√Ë —b?B*« b?IM�« Ÿu?L?−?� q¦1 ∫Íb?IM�« ”U?Ý»¡ ال�سندات�repurchase Qatar Government Securities, which they have w²�« WO�uJ(« «bM�K repurchase Qatar Government Securities, which they have w²�« WO�uJ(« «bM�K� ¡«dý …œUŽ≈ UOKLŽ vKŽ Íe�d*« d‡‡‡‡‡D� ·d‡‡‡‡‡‡‡‡‡B� balances of commercial banks held with QCB (the required previously sold to QCB with a pre-commitment to purchase Ë√ 5Žu????³???Ý√ …b* Êu?JðU???� …œU????Ž w²�«Ë ¨W????OK;« „u?M³�«Ë ·d????B*« 5Ð r?²ð lz«œu�« ¨W???�U??I*« UÐU??�??Š ¨w�«e?�ù« wÞU??O??²??Šô«® Íe??�d*« d?D� ·d??B??� previously sold to QCB with a pre-commitment to purchase Ë√ 5Žu????³???Ý√ …b* Êu?JðU???� …œU????Ž w²�«Ë ¨W????OK;« „u?M³�«Ë ·d????B*« 5Ð r?²ð reserves, clearing balances, and short term deposits). them by the end of the Repo period (two weeks or one month). ÆdN‡‡‡‡‡‡‡ý Æ©qł_« …dOB� them by the end of the Repo period (two weeks or one month). ÆdN‡‡‡‡‡‡‡ý II.1 Money Supply: IV.2 Commercial Banks' Interest Rates: ∫W¹—U−²�« „uM³�« …bzU� —UFÝ√ ≠» ∫bIM�« ÷dŽ ≠√ IV.2 Commercial Banks' Interest Rates: ∫W¹—U−²�« „uM³�« …bzU� —UFÝ√ ≠» 1- M1: The sum of currency in circulation (notes and coins held 1. Interbank Rates: Weighted average interest rates on interbank q¦?9 ∫W¹—U??−???²�« „u?M³�« 5?‡‡‡‡?‡‡‡Ð ö?‡‡‡‡?�U??F?*«∫W¹—U−²�« v‡‡‡?‡‡‡?KŽ „uM³�«…b‡‡?‡‡‡‡?zU??H?�« …bzU� —U??F???Ý√ —UFÝ√ ≠»≠± W?O½b?F*« ö?L?F?�«Ë W?O?�—u�« œu?IM�«® ‰Ë«b?²�« w� b?I?M�« Ÿu?L?−?� q¦1 ∫±Â ≠± 1. Interbank Rates: Weighted average interest rates on interbank by the public) and resident customers' demand deposits in QR transactions among all commercial banks operating in Qatar for q¦?9 ∫W¹—U??−???²�« „u?M³�« 5?‡‡‡‡?‡‡‡Ð ö?‡‡‡‡?�U??F?*« v‡‡‡?‡‡‡?KŽ …b‡‡?‡‡‡‡?zU??H?�« —U??F???Ý√ ≠± W¹—U?−?²�« „uM³�« 5?Ð ö‡‡‡‡‡�U?F*« vKŽ …bzU?H�« —U?F?Ý_ `?‡‡‡‡‡‡łd*« j‡‡‡?‡‡‡‡Ýu?²*« with commercial banks. ÆÍdDI�« ‰U¹d�UÐ VKD�« X% ©5LOI*«® ¡öLF�« lz«œËË ¨©—uNL'« Èb� transactions among all commercial banks operating in Qatar for W¹—U?−?²�« „uM³�« 5?Ð ö‡‡‡‡‡�U?F*« vKŽ …bzU?H�« —U?F?Ý_ `?‡‡‡‡‡‡łd*« j‡‡‡?‡‡‡‡Ýu?²*« varying maturities; overnight, one week, one month, three ¨d‡?‡‡‡?N???ý√ ∂ ¨d‡?‡‡‡?‡N???ý√ W?‡‡‡?‡‡‡?‡‡Łö?Ł ¨d???N???ý ¨Âu?‡‡‡?‡‡‡?‡‡¹® W?‡‡‡?‡‡‡?‡‡‡?O�U???²?�« ‰U???łü« «– ‰U¹d�U?Ð qł_Ë W¹—U??šœô« lz«œu�«Ë ¨©±Â® b??IM�« ÷d??Ž Ÿu?L??−??� q¦1 ∫≤Â ≠≤ varying maturities; overnight, one week, one month, three 2- M2: The sum of M1, time and saving deposits in QR, and all months, six months, and one year. ¨d‡?‡‡‡?N???ý√ ∂ ¨d‡?‡‡‡?‡N???ý√ W?‡‡‡?‡‡‡?‡‡Łö?Ł ¨d???N???ý ¨Âu?‡‡‡?‡‡‡?‡‡¹® W?‡‡‡?‡‡‡?‡‡‡?O�U???²?�« ‰U???łü« «– ÆWO³Mł_« öLF�UÐ ©5LOI*«® ¡öLF�« lz«œË w�ULł≈Ë ¨ÍdDI�« months, six months, and one year. Æ©WM‡‡‡‡‡‡‡‡‡‡‡‡‡Ý types of resident customers' deposits in foreign currencies. 2. Deposit Rates: Weighted average interest rates on customers' Æ©WM‡‡‡‡‡‡‡‡‡‡‡‡‡Ý U???�???ÝR?*«Ë W???�uJ?(« lz«œËË ¨©≤Â® b???IM?�« ÷d???Ž Ÿu???L???−???� q?¦1 ∫≥Â ≠≥ 2. Deposit Rates: Weighted average interest rates on customers' `‡?‡‡?‡‡łd?*« j‡‡?‡‡?‡‡Ýu????²*« q?‡‡?‡‡‡?¦9 ∫l‡?‡‡?‡‡‡?‡z«œu�« v?KŽ …b?‡‡‡?‡‡‡?‡zU????H�« —U????F‡?‡‡?‡‡‡?‡Ý√ ≠≤ 3- M3: The sum of M2 and government and government deposits with local commercial banks and classified as follow: `‡?‡‡?‡‡łd?*« j‡‡?‡‡?‡‡Ýu????²*« q?‡‡?‡‡‡?¦9 ∫l‡?‡‡?‡‡‡?‡z«œu�« v?KŽ …b?‡‡‡?‡‡‡?‡zU????H�« —U????F‡?‡‡?‡‡‡?‡Ý√ ≠≤ ÆW¹—U−²�« „uM³�« Èb� WO�uJ(« deposits with local commercial banks and classified as follow: U??N�U???łPÐ W‡‡‡?‡‡‡Ž“u??� W?¹—U??−??²�« „u‡?‡‡‡‡M?³�« Èb� lz«œu?�« vKŽ …bzU??H?�« —U??F‡‡‡?‡‡Ý_ institutions' deposits placed with commercial banks. demand, saving, and time deposits for varying maturities; one U??N�U???łPÐ W‡‡‡?‡‡‡Ž“u??� W?¹—U??−??²�« „u‡?‡‡‡‡M?³�« Èb� lz«œu?�« vKŽ …bzU??H?�« —U??F‡‡‡?‡‡Ý_ ∫5LOI*« lz«œË ≠» demand, saving, and time deposits for varying maturities; one ¨W¹—U?‡‡‡‡?‡‡‡?‡šœ« l‡‡?‡‡‡?‡‡z«œË ¨V?‡‡‡‡?‡‡‡?‡KD�« X?‡‡‡?‡‡‡% l?‡‡‡?‡‡‡?‡z«œË® wK¹U???L???� W‡?‡‡‡?‡‡‡?HK²???<« II.2 Resident Deposits: month, three months, six months, one year, and more than one year. ¨W¹—U?‡‡‡‡?‡‡‡?‡šœ« l‡‡?‡‡‡?‡‡z«œË ¨V?‡‡‡‡?‡‡‡?‡KD�« X?‡‡‡?‡‡‡% l?‡‡‡?‡‡‡?‡z«œË® wK¹U???L???� W‡?‡‡‡?‡‡‡?HK²???<« Æ U�ÝR�Ë U�dýË «œ«d�√Î ¨5¹dDI�« lz«œË ≠± .Æ©WM‡‡‡‡‡‡‡‡‡‡Ý ، ¨—u‡‡‡‡‡‡‡Ný ∂ ¨—u‡‡‡‡‡‡‡‡‡Ný ≥ ¨d‡‡‡‡‡‡‡‡‡‡‡Ný q‡‡‡‡‡‡ł_Ë 1. Deposits of Qatari’s Individuals, companies, and institutionsأ�كرث من �سنة (. .month, three months, six months, one year, and more than one year 3. Lending Rates: Weighted average interest rates on credit Æ©WM‡‡‡‡‡‡‡‡‡‡Ý ¨—u‡‡‡‡‡‡‡Ný ∂ ¨—u‡‡‡‡‡‡‡‡‡Ný ≥ ¨d‡‡‡‡‡‡‡‡‡‡‡Ný q‡‡‡‡‡‡ł_Ë Æd¦�√Ë WM�� dD� w� 5LOI*« V½Uł_« lz«œË ≠≤ 3. Lending Rates: Weighted average interest rates on credit vKŽ …bzU?H�« —U?F?Ý_ `łd*« jÝu?²*« q¦9 ∫÷Ëd?I�« vKŽ …bzU?H�« —UF?Ý√ ≠≥ 2. Deposits of non-Qataris living in Qatar for one year or more. facilities extended to customers of local commercial banks and vKŽ …bzU?H�« —U?F?Ý_ `łd*« jÝu?²*« q¦9 ∫÷Ëd?I�« vKŽ …bzU?H�« —UF?Ý√ ≠≥ ÆWO³Mł_« U�ÝR*«Ë U�dA�« lz«œË ≠≥ facilities extended to customers of local commercial banks and vKŽ V×??Ý® wK¹U?* U?I??�Ë WÐu??³?� ¡ö??L??FK� W??ŠuML*« W??O½U?L??²zô« ö??O??N?�??²�« 3. Deposits of foreign companies and institutions. classified as follow: overdraft, bill discounted, loans of less than ∫5LOI*« dOž lz«œË ≠‡ł classified as follow: overdraft, bill discounted, loans of less than vKŽ V×??Ý® wK¹U?* U?I??�Ë WÐu??³?� ¡ö??L??FK� W??ŠuML*« W??O½U?L??²zô« ö??O??N?�??²�« II.3 Non Resident Deposits: one year, less than three years, more than three years, loans for s� q�√ ÷Ëd??� ¨W?MÝ s� q�√ ÷Ëd??� ¨W??�u??B??�??� W?¹—U??& ‚«—Ë√ ¨·u??AJ*« ÆÂUŽ s� q�_ …—U¹“ …dOýQ²Ð 5LOI*« V½Uł_« lz«œË ≠± .Ë√ ¨·u??AJ*« 1. Deposits of non-Qatari residing in Qatar for Less than one year—»‚ قرو�ض أ�كرث&??W?¹—U من ثالث �س�??�??W??�u??B¨ نوات، �??Ëd÷ قرو�ض √�q� س�s يارات، W?MÝ¨ بطاقات �??q�√ ÷Ëd ائتمانية(.�one year, less than three years, more than three years, loans for s ≥≠ ÆUN¹b� V½Uł_« 5K�UF�«Ë WO³Mł_« UOKBMI�«Ë «—UH��« lz«œË ثالثcars and credit cards. Æ©WO½UL²z« U�UDÐ ¨ «—UOÝ ÷Ëd� ¨ «uMÝ WŁöŁ cars and credit cards. Æ©WO½UL²z« U�UDÐ ¨ «—UOÝ ÷Ëd� ¨ «uMÝ WŁöŁ 2. Deposits of Embassies, Foreign Consulates, and their non-Qatari All weighted average rates are based on outstanding volume of U½U??OÐ Â«b?�??²?Ý« ‰ö??š s� …bzU??H�« —U?F??Ý_ `łd*« jÝu??²*« »U??�?²??Š« r²¹ ÎÎÎ U½U??OÐ Â«b?�??²?Ý« ‰ö??š s� …bzU??H�« —U?F??Ý_ `łd*« jÝu??²*« »U??�?²??Š« r²¹ employees. w�dB*« “UN−K� ÍbIM�« `�*« ∫U¦�UŁ All weighted average rates are based on outstanding volume of Æ ö�UF*« …b�—QÐ UN×Ołdð r²¹Ë ¨W¹—U−²�« „uM³�« s� …œ—«u�« …bzUH�« —UFÝ√ transactions balances and interest rates reported by local banks. III. Monetary Survey of the Banking System. ∫wK;« ÊUL²zô« ≠√ transactions balances and interest rates reported by local banks. Æ ö�UF*« …b�—QÐ UN×Ołdð r²¹Ë ¨W¹—U−²�« „uM³�« s� …œ—«u�« …bzUH�« —UFÝ√ III.1 Domestic Credit: ÆdD� qš«œ ¡öLFK� „uM³�« s� W�bI*« WO½UL²zô« öON�²�« ŸuL−� q¦1 The sum of credit facilities extended to the domestic economy. ∫WO³Mł_« «œułu*« ≠» III.2 Foreign Assets: Ã—U)« w� ·dB*« «œu?łu� w�ULł≈ q¦1Ë ∫Íe?�d*« dD� ·dB� Èb� ≠± 1. QCB: All claims of QCB on non-residents, which contain ¨V¼c�« ¨W??O�U*« «—U??L??¦??²?Ýô« ¨Ã—U??)« w� „u?M³�« Èb� …b??�—_« qL??AðË balances with foreign banks, foreign securities, gold, IMF ÆW�U)« V×��« ‚uIŠ lz«œË ¨w�Ëb�« bIM�« ‚ËbM� w� WL¼U�*« reserves, and SDR holding. w‡?‡‡� W????OK?;« „uM³?�« «œu???łu????� w�U???L????ł≈ q¦9Ë ∫W????OK?;« „uM³?�« Èb� ≠≤ 2. Local Banks: All claims of local banks on non-residents, which vKŽ W??I??×??²??�*« …b??�—_« ¨W??O?³?Mł_« ö??L?F?�UÐ b??IM�« ∫qL??AðË Ã—U‡‡?‡‡)« contain cash in foreign currencies, balances with foreign W?ŠuML?*« W‡‡‡‡‡O½U??L?²zô« ö‡‡‡‡?‡‡O?N?�?²?�« ¨W‡‡‡‡‡‡‡?O�U*« «—U‡‡‡‡‡?L?¦?²?Ýô« ¨„u‡‡?‡‡M³�« banks, foreign securities, credit facilities granted to customers Èd???š_« «œu????łu*« ¨qł_« W?K¹uÞ «—U????L???¦???²????Ýô« ¨dD� Ã—U????š ¡ö‡L????F� outside Qatar, long-term investments abroad, and other assets ÆÃ—U)UÐ holding outside Qatar. ∫WO³Mł_« UÐuKD*« ≠‡ł III.3 Foreign Liabilities: ∫Íe�d*« dD� ·dB� vKŽ WO³Mł_« UÐuKD*« ≠± 1. QCB: All claims on QCB for non-residents, which contain WI×²�*« …b�—_« ¨Èdš_« W¹e�d*« „uM³K� WI×²�*« …b�—_« ŸuL−� qLAð amounts due to other central banks and Arab Monetary Fund ÆwÐdF�« bIM�« ‚ËbMB� current account. ∫WOK;« „uM³�« vKŽ WO³Mł_« UÐuKD*« ≠≤ 2. Local banks: All claims on local bank for non-residents, which ¨Ã—U?)« w� „uM?³K� W?OK;« „uM³?�« vKŽ W?I?×?²??�*« …b?�—_« Ÿu?L?−??� qL?Að contain amounts due to foreign banks, non-resident ÆdD� Ã—Uš …—œUB�« WM¹b*« WO�U*« ‚«—Ë_«Ë ¨5LOI*« dOž ¡öLF�« lz«œËË customers deposits and debt securities issued outside Qatar. Monthly Monetary Bulletin, May. 2007 6 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« MonthlyQatar Central Monetary Bank Bulletin, May.May 20072007 6 ≤∞∞∑ u‡‡¹U�ÍeÖd‡‡‡‡‡*« ¨W‡¹dNA�« d‡‡‡‡‡‡D� W‡¹bIM�« ·d‡‡‡‡‡‡B� …dAM�« Monthly Monetary Bulletin, May. 2007 5 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (1) Main Indicators of the Banking Sector In Million of QRs Table No. (1) Main Indicators of the Banking Sector 2006 2007 Change dOG²�« In Million of QRs Particular u¹U� u¹U� ÊU‡‡‡‡‡‡‡‡‡O³�« 2006 2007 WLO�Change May May dOG²�«% Value Particular u¹U� u¹U� ÊU‡‡‡‡‡‡‡‡‡O³�« The Banking System: WLO� ∫w�dB*« “UN'« May May % Value Money Supply (M1) 25,047.1 34,055.034,108.6 9,007.99,061.5 36.036.2 ©±Â® b??????????????????????????????????????????I?????M????�« ÷d??????????????????????????????????????????Ž TheQuasi Banking Money System: (M2 - M1) 50,339.5 66,202.0 15,862.5 31.5 ©±Â ≠ ≤Â® b??????????????????????????I??M???�« t?????????????????????????³??????????????????????????ý∫w�dB*« “UN'« Money Supply (M2)(M1) 75,386.625,047.1 100,310.6100,257.034,108.6 24,870.424,924.09,061.5 33.033.136.2 ©≤Â®©±Â® b??????????????????????????????????????????I?????M????�« ÷d??????????????????????????????????????????Ž MoneyQuasi Money Supply (M2 (M3) - M1) 109,280.350,339.5 130,267.4130,213.866,202.0 20,933.520,987.115,862.5 19.231.5 ©≥Â®©±Â ≠ b??????????????????????????????????????????I?????M????�« ≤Â® b??????????????????????????I??M???�« t?????????????????????????³??????????????????????????ý÷d??????????????????????????????????????????Ž ForeignMoney Supply Assets (M2) (Net) 59,448.075,386.6 100,310.649,427.5 -10,020.524,924.0 -16.933.1 ©w?�U??????????????�®©≤Â® b??????????????????????????????????????????I?????M????�« W??????????????O?????????????³??M?ł_« ÷d??????????????????????????????????????????Ž «œu??????????????łu?*« DomesticMoney Supply Credit (M3) (Net) 109,280.342,961.3 130,267.486,524.2 43,562.920,987.1 101.419.2 ©w??�U?????????????????????�®©≥Â® b??????????????????????????????????????????I?????M????�« w??K???;« ÊU?????????????????????L?????????????????????²??zô« ÷d??????????????????????????????????????????Ž DomesticForeign Assets Assets (Net) (Net) 15,938.659,448.0 50,829.550,883.149,427.5 -10,020.534,890.934,944.5 218.9219.2-16.9 ©w??�U???????????????????�®©w?�U??????????????�® W??????????????O?????????????³??M?ł_« W???????????????????O??K??;« «œu???????????????????łu??*« «œu??????????????łu?*« QatarDomestic Central Credit Bank: (Net) 42,961.3 86,524.2 43,562.9 101.4 ©w??�U?????????????????????�® w??K???;« ÊU?????????????????????L?????????????????????²??zô«∫Íe�d*« dD� ·dB�

CurrencyDomestic IssuedAssets (Net) 15,938.64,095.9 50,883.15,264.55,318.1 34,944.51,222.21,168.6 219.228.529.8 —b???????????????????????????????????????????????B?????*«©w??�U???????????????????�® W???????????????????O??K??;« b????????????????????????????????????????????????I????M?????�« «œu???????????????????łu??*« QatarForeign Central Assets Bank: 18,876.6 20,064.9 1,188.3 6.3 W???????????????????????????O????????????????????????????³??M???ł_« «œu???????????????????????????łu???*«∫Íe�d*« dD� ·dB� OwnershipCurrency Issued Rights 7,682.04,095.9 8,104.85,318.1 1,222.2422.8 29.85.5 —b???????????????????????????????????????????????B?????*«W?????????????????????????????????O????J???K???*« ‚u??????????????????????????????????I?????????????????????????????????Š b????????????????????????????????????????????????I????M?????�« CommercialForeign Assets Banks: 18,876.6 20,064.9 1,188.3 6.3 W???????????????????????????O????????????????????????????³??M???ł_« «œu???????????????????????????łu???*«∫W¹—U−²�« „uM³�«

TotalOwnership Deposits Rights 105,573.07,682.0 125,573.88,104.8 20,000.8422.8 18.95.5 l????z«œu?????�«W?????????????????????????????????O????J???K???*« w????�U?????????????????????????????????????????????L????????????????????????????????????????????ł≈ ‚u??????????????????????????????????I?????????????????????????????????Š

CommercialPrivate Sector Banks: Deposits* 72,088.6 96,039.0 23,950.4 33.2 ¿’U????????????????????????????????????????????????????????)« ŸU?????D??????I?????�«∫W¹—U−²�« l??????z«œË „uM³�«

* Including Semi Government Institutions deposits. ÆW‡‡‡‡‡‡‡O�uJ(« t³‡‡‡‡‡ý U‡‡‡‡‡‡‡‡�ÝR*« l‡‡‡‡‡‡z«œË q‡‡‡‡‡‡‡‡‡‡LAð *

Monthly Monetary Bulletin, May. 2007 7 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, MayMay. 20072007 7 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (2) Table No. (1) Currency Issued Main Indicators of the Banking Sector In Million of QRs In Million of QRs Table No. (1) Notes (Riyal) Coins (Dirham) ŸuL:« Main Indicators of the Banking Sector …d²H�« W‡‡‡‡‡‡¹UN½ Notes (Riyal) ©‰U¹—® W¹bIM�« ‚«—Ë_« Coins (Dirham) ©r¼—œ® UÖu~�*« 2006 2007 Change dOG²�« In Million of QRs ŸuL−� wKJ�« ŸuL−� Particular u¹U� u¹U� ÊU‡‡‡‡‡‡‡‡‡O³�« ‚«—Ë_« End of Period 2006 2007 WLO�Change 500 100 50 10 5 1 W¹bIM�« 50 25 10 5 1 May May dOG²�«% Value Total Grand Particular

Total Coins ÊU‡‡‡‡‡‡‡‡‡O³�«

Total Coins u¹U� u¹U�

Notes U�uJ�*« ŸuL−� Total

Notes U�uJ�*« ŸuL−� Total The Banking System: WLO� ∫w�dB*« “UN'« May May % May 2005 u??¹U????????????????� 2,723 377 145 67 27 27 3,366 8.98 4.18 0.15 0.08 0.01 13.40 3,379 Value Money Supply (M1) 25,047.1 34,108.6 9,061.5 36.2 ©±Â® b??????????????????????????????????????????I?????M????�« ÷d??????????????????????????????????????????Ž Jun u?????????????O??½u?¹ 2,879 395 152 67 27 27 3,547 9.00 4.19 0.15 0.08 0.01 13.43 3,560 TheQuasi Banking Money System: (M2 - M1) 50,339.5 66,202.0 15,862.5 31.5 ©±Â ≠ ≤Â® b??????????????????????????I??M???�« t?????????????????????????³??????????????????????????ý∫w�dB*« “UN'« Jul u?????????????O??�u?¹ 2,704 389 148 66 26 27 3,360 9.08 4.21 0.15 0.08 0.01 13.53 3,374 Money Supply (M2)(M1) 75,386.625,047.1 100,310.634,108.6 24,924.09,061.5 33.136.2 ©≤Â®©±Â® b??????????????????????????????????????????I?????M????�« ÷d??????????????????????????????????????????Ž Aug fD�??ž√ 2,627 393 149 67 26 27 3,289 9.12 4.23 0.15 0.08 0.01 13.60 3,303 Aug fD�??ž√ 2,627 393 149 67 26 27 3,289 9.12 4.23 0.15 0.08 0.01 13.60 3,303 MoneyQuasi Money Supply (M2 (M3) - M1) 109,280.350,339.5 130,267.466,202.0 20,987.115,862.5 19.231.5 ©≥Â®©±Â ≠ b??????????????????????????????????????????I?????M????�« ≤Â® b??????????????????????????I??M???�« t?????????????????????????³??????????????????????????ý÷d??????????????????????????????????????????Ž Sep d??³?L??²?³??Ý 2,923 411 158 70 28 28 3,618 9.18 4.27 0.15 0.08 0.01 13.70 3,632 ForeignMoney Supply Assets (M2) (Net) 59,448.075,386.6 100,310.649,427.5 -10,020.524,924.0 -16.933.1 ©w?�U??????????????�®©≤Â® b??????????????????????????????????????????I?????M????�« W??????????????O?????????????³??M?ł_« ÷d??????????????????????????????????????????Ž «œu??????????????łu?*« Oct d?Ðu?????²??????�√ 3,056 474 194 92 44 38 3,898 9.20 4.28 0.15 0.08 0.01 13.73 3,912 DomesticMoney Supply Credit (M3) (Net) 109,280.342,961.3 130,267.486,524.2 43,562.920,987.1 101.419.2 ©w??�U?????????????????????�®©≥Â® b??????????????????????????????????????????I?????M????�« w??K???;« ÊU?????????????????????L?????????????????????²??zô« ÷d??????????????????????????????????????????Ž Nov d???³???L????�u½ 2,904 455 181 82 41 37 3,700 9.27 4.32 0.15 0.09 0.01 13.84 3,714 DomesticForeign Assets Assets (Net) (Net) 15,938.659,448.0 50,883.149,427.5 -10,020.534,944.5 219.2-16.9 ©w??�U???????????????????�®©w?�U??????????????�® W??????????????O?????????????³??M?ł_« W???????????????????O??K??;« «œu???????????????????łu??*« «œu??????????????łu?*« Dec d??³???L??�¹œ 2,735 452 177 80 38 35 3,517 9.28 4.32 0.15 0.09 0.01 13.85 3,531 Dec d??³???L??�¹œ 2,735 452 177 80 38 35 3,517 9.28 4.32 0.15 0.09 0.01 13.85 3,531 QatarDomestic Central Credit Bank: (Net) 42,961.3 86,524.2 43,562.9 101.4 ©w??�U?????????????????????�® w??K???;« ÊU?????????????????????L?????????????????????²??zô«∫Íe�d*« dD� ·dB� Domestic Assets (Net) Jan 2006 d?????¹U??????M?????¹ 2,634 460 177 79 38 36 3,424 9.36 4.35 0.15 0.09 0.01 13.96 3,438 Currency Issued 15,938.64,095.9 50,883.15,318.1 34,944.51,222.2 219.229.8 —b???????????????????????????????????????????????B?????*«©w??�U???????????????????�® W???????????????????O??K??;« b????????????????????????????????????????????????I????M?????�« «œu???????????????????łu??*« Feb d?¹«d?????³?????� 2,945 460 176 79 36 35 3,731 9.40 4.37 0.15 0.09 0.01 14.02 3,745 QatarForeign Central Assets Bank: 18,876.6 20,064.9 1,188.3 6.3 W???????????????????????????O????????????????????????????³??M???ł_« «œu???????????????????????????łu???*«∫Íe�d*« dD� ·dB� Mar ”—U????????????� 3,113 483 180 79 35 34 3,924 9.46 4.41 0.15 0.09 0.01 14.12 3,938 OwnershipCurrency Issued Rights 7,682.04,095.9 8,104.85,318.1 1,222.2422.8 29.85.5 —b???????????????????????????????????????????????B?????*«W?????????????????????????????????O????J???K???*« ‚u??????????????????????????????????I?????????????????????????????????Š b????????????????????????????????????????????????I????M?????�« CommercialForeign Assets Banks: 18,876.6 20,064.9 1,188.3 6.3 W???????????????????????????O????????????????????????????³??M???ł_« «œu???????????????????????????łu???*«∫W¹—U−²�« „uM³�« Apr q????????¹d???????Ð√ 3,141 486 183 81 35 33 3,959 9.52 4.44 0.15 0.09 0.01 14.21 3,973 Ownership Rights May u??¹U????????????????� 3,248 503 184 80 34 33 4,082 9.59 4.48 0.15 0.09 0.01 14.32 4,096 Total Deposits 105,573.07,682.0 125,573.88,104.8 20,000.8422.8 18.95.5 l????z«œu?????�«W?????????????????????????????????O????J???K???*« w????�U?????????????????????????????????????????????L????????????????????????????????????????????ł≈ ‚u??????????????????????????????????I?????????????????????????????????Š Jun u?????????????O??½u?¹ 3,339 506 184 81 34 34 4,178 9.74 4.55 0.15 0.09 0.01 14.54 4,193 CommercialPrivate Sector Banks: Deposits* 72,088.6 96,039.0 23,950.4 33.2 ¿’U????????????????????????????????????????????????????????)« ŸU?????D??????I?????�«∫W¹—U−²�« l??????z«œË „uM³�«

PrivateTotal Deposits Deposits in Foreign Currencies* 105,573.016,251.4 125,573.824,308.3 20,000.88,056.9 49.618.9 l????z«œu?????�«¿W?????O??????³M?ł_« w????�U?????????????????????????????????????????????L????????????????????????????????????????????ł≈ ö?????L?????F?�UÐ W??????�U?????)« lz«œu?�« Jul u?????????????O??�u?¹ 3,232 493 180 80 34 33 4,052 9.78 4.57 0.15 0.08 0.01 14.59 4,067 TotalPrivate Domestic Sector Deposits* Credit 76,855.072,088.6 116,481.096,039.0 39,626.023,950.4 51.633.2 ¿’U????????????????????????????????????????????????????????)« ŸU?????D??????I?????�« l??????z«œË Aug fD�??ž√ 3,330 513 190 83 35 34 4,185 9.85 4.63 0.15 0.09 0.01 14.73 4,200 w??K?;« ÊU??????????????????L?????????????????²??zô« w?�U??????????????????L?????????????????ł≈ Private Deposits in Foreign Currencies* ¿ Sep d??³?L??²?³??Ý 3,421 533 196 89 37 35 4,311 9.91 4.66 0.15 0.09 0.01 14.82 4,326 Private Sector Credit 57,082.916,251.4 90,853.324,308.3 33,770.48,056.9 59.249.6 ’U???????????????????????)«W?????O??????³M?ł_« ö?????L?????F?�UÐ ŸU???D??I??�« ÊU???????????????????????L????????????????????????²??z« W??????�U?????)« lz«œu?�« ForeignTotal Domestic Assets Credit(Net) 40,757.776,855.0 116,481.029,375.9 -11,381.839,626.0 -27.951.6 ©w?�U??????????????�®w??K?;« ÊU??????????????????L?????????????????²??zô« W??????????????O?????????????³??M?ł_« w?�U??????????????????L?????????????????ł≈ «œu??????????????łu?*« Oct d?Ðu?????²??????�√ 3,519 574 230 113 57 49 4,542 9.92 4.67 0.15 0.09 0.01 14.84 4,557 OwnPrivate Resources Sector Credit 23,742.457,082.9 31,315.090,853.3 33,770.47,572.6 31.959.2 W??????????????????????????????????????????????????????????????’U???????????????????????)« ŸU???D??I??�«????????????????????O????????ð«c????????�« ÊU???????????????????????L????????????????????????²??z« œ—«u????????*« Nov d???³???L????�u½ 3,632 578 217 101 50 45 4,623 10.00 4.74 0.15 0.09 0.01 14.99 4,638 OwnershipForeign Assets Rights (Net) 18,095.440,757.7 26,489.029,375.9 -11,381.88,393.6 -27.946.4 ©w?�U??????????????�® W??????????????O?????????????³??M?ł_« «œu??????????????łu?*« Dec d??³???L??�¹œ 3,971 634 239 110 54 47 5,055 10.02 4.75 0.15 0.09 0.01 15.02 5,070 W?????????????????????????????????O????J???K???*« ‚u??????????????????????????????????I?????????????????????????????????Š Own Resources 23,742.4 31,315.0 7,572.6 31.9 W??????????????????????????????????????????????????????????????????????????????????O????????ð«c????????�« œ—«u????????*« Jan 2007 d?????¹U??????M?????¹ 3,818 587 220 99 49 44 4,817 10.11 4.79 0.15 0.09 0.01 15.15 4,832 * IncludingOwnership Semi Rights Government Institutions deposits. 18,095.4 26,489.0 8,393.6 46.4 ÆW‡‡‡‡‡‡‡O�uJ(«W?????????????????????????????????O????J???K???*« t³‡‡‡‡‡ý U‡‡‡‡‡‡‡‡�ÝR*« ‚u??????????????????????????????????I?????????????????????????????????Š l‡‡‡‡‡‡z«œË q‡‡‡‡‡‡‡‡‡‡LAð * Feb d?¹«d?????³?????� 3,785 574 210 97 45 43 4,754 10.16 4.82 0.15 0.09 0.01 15.23 4,769 Mar ”—U????????????� 3,917 594 217 98 44 42 4,912 10.19 4.83 0.15 0.09 0.01 15.27 4,927 * Including Semi Government Institutions deposits. ÆW‡‡‡‡‡‡‡O�uJ(« t³‡‡‡‡‡ý U‡‡‡‡‡‡‡‡�ÝR*« l‡‡‡‡‡‡z«œË q‡‡‡‡‡‡‡‡‡‡LAð * Apr q????????¹d???????Ð√ 4,075 596 219 98 44 42 5,074 10.27 4.87 0.15 0.09 0.01 15.39 5,089 May u??¹U????????????????� 4,2404,274 617621 220224 9599 4043 3742 5,2495,303 10.32 4.89 0.15 0.09 0.01 15.46 5,318

Monthly Monetary Bulletin, MayMay. 20072007 8 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 7 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (3) Table No. (3) Monetary Survey of the Banking System In Million of QRs In Million of QRs

…d²H�« W‡‡‡‡‡‡¹UN½ «œułu*« ÊUL²zô« «œułu*« bIM�« ÷dŽ t‡‡‡‡‡³ý lz«œu�« UÐuKD*« Èdš√ œuMÐ …d²H�« W‡‡‡‡‡‡¹UN½ «œułu*« ÊUL²zô« Assets bIM�« ÷dŽ t‡‡‡‡‡³ý lz«œu�« UÐuKD*« Èdš√ œuMÐ WO³Mł_« wK;« Assets ©±Â® b‡‡‡IM�« WO�uJ(« WO³Mł_« ©w�U�® WO³Mł_« wK;« Ω ©±Â® b‡‡‡IM�« WO�uJ(« WO³Mł_« ©w�U�® Foreign Domestic Ω Money Supply Quasi Government Foreign Other Items End of Period Foreign Domestic Money Supply Quasi Government Foreign Other Items End of Period UÐuKD*« Assets Credit Liabilities (M1) Money Deposits Liabilities (Net) Assets Credit Liabilities (M1) Money Deposits Liabilities (Net) May 2005 u??¹U????????????????� 46,538.5 56,009.4 102,547.9 20,606.2 33,849.7 18,632.5 8,006.6 21,452.9 May 2005 u??¹U????????????????� 46,538.5 56,009.4 102,547.9 20,606.2 33,849.7 18,632.5 8,006.6 21,452.9 Jun u?????????????O??½u?¹ 48,457.5 57,457.5 105,915.0 20,401.9 35,572.0 19,015.4 9,906.2 21,019.5 Jun u?????????????O??½u?¹ 48,457.5 57,457.5 105,915.0 20,401.9 35,572.0 19,015.4 9,906.2 21,019.5

Jul u?????????????O??�u?¹ 48,578.6 56,498.5 105,077.1 19,158.6 36,571.4 18,961.4 8,776.5 21,609.2 Jul u?????????????O??�u?¹ 48,578.6 56,498.5 105,077.1 19,158.6 36,571.4 18,961.4 8,776.5 21,609.2 Aug fD�??ž√ 49,171.1 59,029.8 108,200.9 18,917.6 37,536.9 20,697.2 9,260.1 21,789.1 Aug fD�??ž√ 49,171.1 59,029.8 108,200.9 18,917.6 37,536.9 20,697.2 9,260.1 21,789.1 Sep d??³?L??²?³??Ý 52,330.7 60,783.3 113,114.0 18,753.7 38,219.4 22,744.3 10,760.8 22,635.8 Sep d??³?L??²?³??Ý 52,330.7 60,783.3 113,114.0 18,753.7 38,219.4 22,744.3 10,760.8 22,635.8

Oct d?Ðu?????²??????�√ 51,882.4 60,682.0 112,564.4 19,633.9 39,638.7 20,621.6 10,416.4 22,253.8 Oct d?Ðu?????²??????�√ 51,882.4 60,682.0 112,564.4 19,633.9 39,638.7 20,621.6 10,416.4 22,253.8 Nov d???³???L????�u½ 54,443.3 62,240.4 116,683.7 20,238.6 41,451.0 21,310.5 10,119.3 23,564.3 Nov d???³???L????�u½ 54,443.3 62,240.4 116,683.7 20,238.6 41,451.0 21,310.5 10,119.3 23,564.3 Dec d??³???L??�¹œ 58,290.2 67,366.3 125,656.5 22,362.2 41,908.7 23,487.6 10,469.9 27,428.1 Dec d??³???L??�¹œ 58,290.2 67,366.3 125,656.5 22,362.2 41,908.7 23,487.6 10,469.9 27,428.1

Jan 2006 d?????¹U??????M?????¹ 62,258.7 71,295.9 133,554.6 23,090.3 41,678.8 22,323.2 12,278.3 34,184.0 Jan 2006 d?????¹U??????M?????¹ 62,258.7 71,295.9 133,554.6 23,090.3 41,678.8 22,323.2 12,278.3 34,184.0 Feb d?¹«d?????³?????� 65,523.2 68,230.9 133,754.1 23,432.4 45,328.2 24,502.1 10,807.1 29,684.3 Feb d?¹«d?????³?????� 65,523.2 68,230.9 133,754.1 23,432.4 45,328.2 24,502.1 10,807.1 29,684.3 Mar ”—U????????????� 66,915.3 71,127.5 138,042.8 24,921.1 46,604.5 24,783.7 16,517.4 25,216.1 Mar ”—U????????????� 66,915.3 71,127.5 138,042.8 24,921.1 46,604.5 24,783.7 16,517.4 25,216.1

Apr q????????¹d???????Ð√ 72,024.5 77,954.3 149,978.8 26,607.0 48,828.3 32,064.3 14,842.4 27,636.8 Apr q????????¹d???????Ð√ 72,024.5 77,954.3 149,978.8 26,607.0 48,828.3 32,064.3 14,842.4 27,636.8 May u??¹U????????????????� 71,544.7 76,855.0 148,399.7 25,047.1 50,339.5 33,893.7 12,096.7 27,022.7 May u??¹U????????????????� 71,544.7 76,855.0 148,399.7 25,047.1 50,339.5 33,893.7 12,096.7 27,022.7 Jun u?????????????O??½u?¹ 71,148.4 76,462.3 147,610.7 27,055.5 50,778.8 29,866.0 13,653.3 26,257.1 Jun u?????????????O??½u?¹ 71,148.4 76,462.3 147,610.7 27,055.5 50,778.8 29,866.0 13,653.3 26,257.1

Jul u?????????????O??�u?¹ 69,285.5 77,462.5 146,748.0 25,097.4 52,983.4 27,663.9 14,321.9 26,681.4 Jul u?????????????O??�u?¹ 69,285.5 77,462.5 146,748.0 25,097.4 52,983.4 27,663.9 14,321.9 26,681.4 Aug fD�??ž√ 72,171.0 79,270.8 151,441.8 23,992.8 53,334.3 28,771.2 17,407.7 27,935.8 Aug fD�??ž√ 72,171.0 79,270.8 151,441.8 23,992.8 53,334.3 28,771.2 17,407.7 27,935.8 Sep d??³?L??²?³??Ý 81,067.9 82,926.4 163,994.3 25,474.0 57,075.6 33,490.6 19,410.5 28,543.6 Sep d??³?L??²?³??Ý 81,067.9 82,926.4 163,994.3 25,474.0 57,075.6 33,490.6 19,410.5 28,543.6

Oct d?Ðu?????²??????�√ 82,089.2 86,262.3 168,351.5 27,444.1 55,533.1 34,444.2 18,897.7 32,032.4 Oct d?Ðu?????²??????�√ 82,089.2 86,262.3 168,351.5 27,444.1 55,533.1 34,444.2 18,897.7 32,032.4 Nov d???³???L????�u½ 84,325.8 89,876.9 174,202.7 27,606.9 57,531.2 36,485.1 18,914.0 33,665.5 Nov d???³???L????�u½ 84,325.8 89,876.9 174,202.7 27,606.9 57,531.2 36,485.1 18,914.0 33,665.5 Dec d??³???L??�¹œ 86,025.3 94,773.0 180,798.3 27,883.1 60,775.4 35,024.8 24,774.8 32,340.2 Dec d??³???L??�¹œ 86,025.3 94,773.0 180,798.3 27,883.1 60,775.4 35,024.8 24,774.8 32,340.2

Jan 2007 d?????¹U??????M?????¹ 83,476.2 95,276.8 178,753.0 29,745.8 60,517.6 33,979.7 21,142.3 33,367.6 Jan 2007 d?????¹U??????M?????¹ 83,476.2 95,276.8 178,753.0 29,745.8 60,517.6 33,979.7 21,142.3 33,367.6 Feb d?¹«d?????³?????� 82,760.3 97,902.4 180,662.7 31,224.2 62,423.1 33,051.7 18,240.1 35,723.6 Feb d?¹«d?????³?????� 82,760.3 97,902.4 180,662.7 31,224.2 62,423.1 33,051.7 18,240.1 35,723.6 Mar ”—U????????????� 75,449.1 102,986.9 178,436.0 33,211.3 58,351.3 30,370.7 22,830.9 33,671.8 Mar ”—U????????????� 75,449.1 102,986.9 178,436.0 33,211.3 58,351.3 30,370.7 22,830.9 33,671.8

Apr q????????¹d???????Ð√ 82,324.7 110,936.8 193,261.5 34,231.7 59,641.6 33,327.9 30,318.3 35,742.0 Apr q????????¹d???????Ð√ 82,324.7 110,936.8 193,261.5 34,231.7 59,641.6 33,327.9 30,318.3 35,742.0 May u??¹U????????????????� 80,901.9 116,481.0 197,382.9 34,055.034,108.6 66,202.0 29,956.8 31,474.4 35,694.735,641.1 May u??¹U????????????????� 80,901.9 116,481.0 197,382.9 34,108.6 66,202.0 29,956.8 31,474.4 35,641.1

Monthly Monetary Bulletin, May. 2007 9 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, MayMay. 20072007 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank 9 ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (4) Table No. (3) Table No. (4) Table No. (3) Banks’ Claims on Government & Private Sector Monetary Survey of the Banking System Banks’ Claims on Government & Private Sector Monetary Survey of the Banking System In Million of QRs In Million of QRs In Million of QRs In Million of QRs W‡‡‡‡‡�u~(« WO�uJ(« U�ÝR*« ’U)« ŸUDI�« GovernmentW‡‡‡‡‡�u~(« GovernmentWO�uJ(« U�ÝR*«Institutions Private’U)« ŸUDI�«Sector …d²H�« W‡‡‡‡‡‡¹UN½ «œułu*« ÊUL²zô« «œułu*« bIM�« ÷dŽ t‡‡‡‡‡³ý lz«œu�« UÐuKD*« Èdš√ œuMÐ …d²H�« W‡‡‡‡‡‡¹UN½ …d²H�« W‡‡‡‡‡‡¹UN½ «œułu*« ÊUL²zô« Assets bIM�« ÷dŽ t‡‡‡‡‡³ý lz«œu�« UÐuKD*« Èdš√ œuMÐ Government Government Institutions Private Sector WO³Mł_« wK;« Assets ©±Â® b‡‡‡IM�« WO�uJ(« WO³Mł_« ©w�U�® …d²H�« W‡‡‡‡‡‡¹UN½ ÊUL²z« ‚«—Ë√ w�ULł≈ l‡‡‡‡‡‡z«œË w�U� ÊUL²z« ‚«—Ë√ w�ULł≈ l‡‡‡‡‡‡z«œË w�U� ÊUL²z« ‚«—Ë√ w�ULł≈ WO³Mł_« wK;« Ω ©±Â® b‡‡‡IM�« WO�uJ(« WO³Mł_« ©w�U�® Foreign Domestic Ω Money Supply Quasi Government Foreign Other Items ÊUL²z« ‚«—Ë√ w�ULł≈ l‡‡‡‡‡‡z«œË w�U� ÊUL²z« ‚«—Ë√ w�ULł≈ l‡‡‡‡‡‡z«œË w�U� ÊUL²z« ‚«—Ë√ w�ULł≈ End of Period Foreign Domestic Money Supply Quasi Government Foreign Other Items End of Period WO�U� U³�UD*« U³�UD*« WO�U� U³�UD*« U³�UD*« WO�U� U³�UD*« End of Period UÐuKD*« Assets Credit Liabilities (M1) Money Deposits Liabilities (Net) WO�U� U³�UD*« U³�UD*« WO�U� U³�UD*« U³�UD*« Institutions WO�U� U³�UD*« End of Period Credit Financial Total Deposits Net Credit Financial Total Deposits Net Credit Financial Total Assets Credit Liabilities (M1) Money Deposits Liabilities (Net)

Credit Financial Total Deposits Net Credit Financial Total Deposits Net Institutions Credit Financial Total Semi Government Securities Claims Claims Securities Claims Claims WO�uJ(« t³‡ý U�ÝR*« Securities Claims May 2005 u??¹U????????????????� 46,538.5 56,009.4 102,547.9 20,606.2 33,849.7 18,632.5 8,006.6 21,452.9

Semi Government 2005 Securities Claims Claims Securities Claims Claims WO�uJ(« t³‡ý U�ÝR*« Securities Claims May u??¹U????????????????� 46,538.5 56,009.4 102,547.9 20,606.2 33,849.7 18,632.5 8,006.6 21,452.9 May u??¹U????????????????�13,333.0 4,640.1 17,973.1 8,464.1 9,509.0 2,346.3 - 2,346.3 9,958.7 -7,612.4 2,641.4 37,688.7 7,299.6 44,988.3 Jun u?????????????O??½u?¹ 48,457.5 57,457.5 105,915.0 20,401.9 35,572.0 19,015.4 9,906.2 21,019.5 May u??¹U????????????????�13,333.0 4,640.1 17,973.1 8,464.1 9,509.0 2,346.3 - 2,346.3 9,958.7 -7,612.4 2,641.4 37,688.7 7,299.6 44,988.3 Jun u?????????????O??½u?¹ 48,457.5 57,457.5 105,915.0 20,401.9 35,572.0 19,015.4 9,906.2 21,019.5 Jun u?????????????O??½u?¹14,255.2 4,785.7 19,040.9 8,241.6 10,799.3 2,355.1 - 2,355.1 10,554.2 -8,199.1 2,648.8 38,198.4 6,008.3 44,206.7 Jun u?????????????O??½u?¹14,255.2 4,785.7 19,040.9 8,241.6 10,799.3 2,355.1 - 2,355.1 10,554.2 -8,199.1 2,648.8 38,198.4 6,008.3 44,206.7 Jul u?????????????O??�u?¹ 48,578.6 56,498.5 105,077.1 19,158.6 36,571.4 18,961.4 8,776.5 21,609.2 Jul u?????????????O??�u?¹ 48,578.6 56,498.5 105,077.1 19,158.6 36,571.4 18,961.4 8,776.5 21,609.2 Jul u?????????????O??�u?¹12,037.6 4,734.8 16,772.4 7,355.7 9,416.7 2,293.1 - 2,293.1 11,333.7 -9,040.6 2,609.5 39,558.4 5,947.7 45,506.1 Aug fD�??ž√ 49,171.1 59,029.8 108,200.9 18,917.6 37,536.9 20,697.2 9,260.1 21,789.1 Jul u?????????????O??�u?¹12,037.6 4,734.8 16,772.4 7,355.7 9,416.7 2,293.1 - 2,293.1 11,333.7 -9,040.6 2,609.5 39,558.4 5,947.7 45,506.1 Aug fD�??ž√ 49,171.1 59,029.8 108,200.9 18,917.6 37,536.9 20,697.2 9,260.1 21,789.1 Aug fD�??ž√12,914.3 4,733.9 17,648.2 7,529.2 10,119.0 2,614.6 - 2,614.6 12,870.8 -10,256.2 2,761.7 40,739.2 5,806.5 46,545.7 Sep d??³?L??²?³??Ý 52,330.7 60,783.3 113,114.0 18,753.7 38,219.4 22,744.3 10,760.8 22,635.8 Aug fD�??ž√12,914.3 4,733.9 17,648.2 7,529.2 10,119.0 2,614.6 - 2,614.6 12,870.8 -10,256.2 2,761.7 40,739.2 5,806.5 46,545.7 Sep d??³?L??²?³??Ý 52,330.7 60,783.3 113,114.0 18,753.7 38,219.4 22,744.3 10,760.8 22,635.8 Sep d??³?L??²?³??Ý12,542.4 4,716.5 17,258.9 7,944.8 9,314.1 1,864.2 - 1,864.2 14,467.2 -12,603.0 4,319.4 42,057.3 6,752.9 48,810.2 Sep d??³?L??²?³??Ý12,542.4 4,716.5 17,258.9 7,944.8 9,314.1 1,864.2 - 1,864.2 14,467.2 -12,603.0 4,319.4 42,057.3 6,752.9 48,810.2 Oct d?Ðu?????²??????�√ 51,882.4 60,682.0 112,564.4 19,633.9 39,638.7 20,621.6 10,416.4 22,253.8 Oct d?Ðu?????²??????�√ 51,882.4 60,682.0 112,564.4 19,633.9 39,638.7 20,621.6 10,416.4 22,253.8 Oct d?Ðu?????²??????�√11,165.8 4,715.3 15,881.1 8,527.9 7,353.2 1,773.4 - 1,773.4 11,779.5 -10,006.1 4,227.4 43,515.5 6,638.5 50,154.0 Nov d???³???L????�u½ 54,443.3 62,240.4 116,683.7 20,238.6 41,451.0 21,310.5 10,119.3 23,564.3 Oct d?Ðu?????²??????�√11,165.8 4,715.3 15,881.1 8,527.9 7,353.2 1,773.4 - 1,773.4 11,779.5 -10,006.1 4,227.4 43,515.5 6,638.5 50,154.0 Nov d???³???L????�u½ 54,443.3 62,240.4 116,683.7 20,238.6 41,451.0 21,310.5 10,119.3 23,564.3 Nov d???³???L????�u½10,560.5 4,711.5 15,272.0 8,136.4 7,135.6 1,780.4 - 1,780.4 12,841.9 -11,061.5 4,408.6 45,490.9 6,561.8 52,052.7 Dec d??³???L??�¹œ 58,290.2 67,366.3 125,656.5 22,362.2 41,908.7 23,487.6 10,469.9 27,428.1 Nov d???³???L????�u½10,560.5 4,711.5 15,272.0 8,136.4 7,135.6 1,780.4 - 1,780.4 12,841.9 -11,061.5 4,408.6 45,490.9 6,561.8 52,052.7 Dec d??³???L??�¹œ 58,290.2 67,366.3 125,656.5 22,362.2 41,908.7 23,487.6 10,469.9 27,428.1 Dec d??³???L??�¹œ12,418.9 4,703.0 17,121.9 8,595.1 8,526.8 1,775.5 - 1,775.5 14,630.3 -12,854.8 4,455.8 48,716.1 6,131.1 54,847.2 Dec d??³???L??�¹œ12,418.9 4,703.0 17,121.9 8,595.1 8,526.8 1,775.5 - 1,775.5 14,630.3 -12,854.8 4,455.8 48,716.1 6,131.1 54,847.2 Jan 2006 d?????¹U??????M?????¹ 62,258.7 71,295.9 133,554.6 23,090.3 41,678.8 22,323.2 12,278.3 34,184.0 Jan 2006 d?????¹U??????M?????¹ 62,258.7 71,295.9 133,554.6 23,090.3 41,678.8 22,323.2 12,278.3 34,184.0 Jan 2006 d?????¹U??????M?????¹ 9,703.9 4,702.2 14,406.1 6,418.5 7,987.6 1,814.6 - 1,814.6 15,642.6 -13,828.0 4,566.4 55,211.0 6,137.8 61,348.8 Feb d?¹«d?????³?????� 65,523.2 68,230.9 133,754.1 23,432.4 45,328.2 24,502.1 10,807.1 29,684.3 Jan 2006 d?????¹U??????M?????¹ 9,703.9 4,702.2 14,406.1 6,418.5 7,987.6 1,814.6 - 1,814.6 15,642.6 -13,828.0 4,566.4 55,211.0 6,137.8 61,348.8 Feb d?¹«d?????³?????� 65,523.2 68,230.9 133,754.1 23,432.4 45,328.2 24,502.1 10,807.1 29,684.3 Feb d?¹«d?????³?????�10,467.8 4,683.2 15,151.0 7,781.4 7,369.6 1,804.7 - 1,804.7 16,511.1 -14,706.4 4,671.8 51,286.5 6,167.9 57,454.4 Mar ”—U????????????� 66,915.3 71,127.5 138,042.8 24,921.1 46,604.5 24,783.7 16,517.4 25,216.1 Feb d?¹«d?????³?????�10,467.8 4,683.2 15,151.0 7,781.4 7,369.6 1,804.7 - 1,804.7 16,511.1 -14,706.4 4,671.8 51,286.5 6,167.9 57,454.4 Mar ”—U????????????� 66,915.3 71,127.5 138,042.8 24,921.1 46,604.5 24,783.7 16,517.4 25,216.1 Mar ”—U????????????�11,296.0 4,681.3 15,977.3 8,367.5 7,609.8 1,663.6 - 1,663.6 16,372.4 -14,708.8 4,811.9 53,356.0 4,807.1 58,163.1 Mar ”—U????????????�11,296.0 4,681.3 15,977.3 8,367.5 7,609.8 1,663.6 - 1,663.6 16,372.4 -14,708.8 4,811.9 53,356.0 4,807.1 58,163.1 Apr q????????¹d???????Ð√ 72,024.5 77,954.3 149,978.8 26,607.0 48,828.3 32,064.3 14,842.4 27,636.8 Apr q????????¹d???????Ð√ 72,024.5 77,954.3 149,978.8 26,607.0 48,828.3 32,064.3 14,842.4 27,636.8 Apr q????????¹d???????Ð√15,152.0 4,679.9 19,831.9 11,293.2 8,538.7 1,788.8 - 1,788.8 20,361.9 -18,573.1 5,290.8 55,722.6 4,887.4 60,610.0 May u??¹U????????????????� 71,544.7 76,855.0 148,399.7 25,047.1 50,339.5 33,893.7 12,096.7 27,022.7 Apr q????????¹d???????Ð√15,152.0 4,679.9 19,831.9 11,293.2 8,538.7 1,788.8 - 1,788.8 20,361.9 -18,573.1 5,290.8 55,722.6 4,887.4 60,610.0 May u??¹U????????????????� 71,544.7 76,855.0 148,399.7 25,047.1 50,339.5 33,893.7 12,096.7 27,022.7 May u??¹U????????????????�12,598.5 4,678.6 17,277.1 10,307.4 6,969.7 1,684.1 - 1,684.1 23,177.0 -21,492.9 5,489.5 57,082.9 4,989.9 62,072.8 Jun u?????????????O??½u?¹ 71,148.4 76,462.3 147,610.7 27,055.5 50,778.8 29,866.0 13,653.3 26,257.1 May u??¹U????????????????�12,598.5 4,678.6 17,277.1 10,307.4 6,969.7 1,684.1 - 1,684.1 23,177.0 -21,492.9 5,489.5 57,082.9 4,989.9 62,072.8 Jun u?????????????O??½u?¹ 71,148.4 76,462.3 147,610.7 27,055.5 50,778.8 29,866.0 13,653.3 26,257.1 Jun u?????????????O??½u?¹11,336.9 4,676.1 16,013.0 10,049.4 5,963.6 1,614.8 910.1 2,524.9 19,409.9 -16,885.0 5,303.9 58,206.7 5,092.6 63,299.3 Jun u?????????????O??½u?¹11,336.9 4,676.1 16,013.0 10,049.4 5,963.6 1,614.8 910.1 2,524.9 19,409.9 -16,885.0 5,303.9 58,206.7 5,092.6 63,299.3 Jul u?????????????O??�u?¹ 69,285.5 77,462.5 146,748.0 25,097.4 52,983.4 27,663.9 14,321.9 26,681.4 Jul u?????????????O??�u?¹ 69,285.5 77,462.5 146,748.0 25,097.4 52,983.4 27,663.9 14,321.9 26,681.4 Jul u?????????????O??�u?¹ 9,761.0 4,677.6 14,438.6 8,600.1 5,838.5 2,039.3 910.1 2,949.4 18,657.2 -15,707.8 5,382.0 60,280.1 5,404.7 65,684.8 Aug fD�??ž√ 72,171.0 79,270.8 151,441.8 23,992.8 53,334.3 28,771.2 17,407.7 27,935.8 Jul u?????????????O??�u?¹ 9,761.0 4,677.6 14,438.6 8,600.1 5,838.5 2,039.3 910.1 2,949.4 18,657.2 -15,707.8 5,382.0 60,280.1 5,404.7 65,684.8 Aug fD�??ž√ 72,171.0 79,270.8 151,441.8 23,992.8 53,334.3 28,771.2 17,407.7 27,935.8 Aug fD�??ž√ 9,334.6 4,677.1 14,011.7 10,389.5 3,622.2 1,702.5 910.1 2,612.6 17,975.1 -15,362.5 5,544.0 62,689.6 5,374.1 68,063.7 Sep d??³?L??²?³??Ý 81,067.9 82,926.4 163,994.3 25,474.0 57,075.6 33,490.6 19,410.5 28,543.6 Aug fD�??ž√ 9,334.6 4,677.1 14,011.7 10,389.5 3,622.2 1,702.5 910.1 2,612.6 17,975.1 -15,362.5 5,544.0 62,689.6 5,374.1 68,063.7 Sep d??³?L??²?³??Ý 81,067.9 82,926.4 163,994.3 25,474.0 57,075.6 33,490.6 19,410.5 28,543.6 Sep d??³?L??²?³??Ý10,463.9 4,676.9 15,140.8 12,423.8 2,717.0 1,056.6 910.1 1,966.7 20,660.2 -18,693.5 5,541.7 65,864.1 5,189.4 71,053.5 Sep d??³?L??²?³??Ý10,463.9 4,676.9 15,140.8 12,423.8 2,717.0 1,056.6 910.1 1,966.7 20,660.2 -18,693.5 5,541.7 65,864.1 5,189.4 71,053.5 Oct d?Ðu?????²??????�√ 82,089.2 86,262.3 168,351.5 27,444.1 55,533.1 34,444.2 18,897.7 32,032.4 Oct d?Ðu?????²??????�√ 82,089.2 86,262.3 168,351.5 27,444.1 55,533.1 34,444.2 18,897.7 32,032.4 Oct d?Ðu?????²??????�√11,427.0 4,675.2 16,102.2 14,396.4 1,705.8 1,112.7 910.1 2,022.8 19,635.7 -17,612.9 5,430.0 68,292.6 5,848.9 74,141.5 Nov d???³???L????�u½ 84,325.8 89,876.9 174,202.7 27,606.9 57,531.2 36,485.1 18,914.0 33,665.5 Oct d?Ðu?????²??????�√11,427.0 4,675.2 16,102.2 14,396.4 1,705.8 1,112.7 910.1 2,022.8 19,635.7 -17,612.9 5,430.0 68,292.6 5,848.9 74,141.5 Nov d???³???L????�u½ 84,325.8 89,876.9 174,202.7 27,606.9 57,531.2 36,485.1 18,914.0 33,665.5 Nov d???³???L????�u½12,088.6 4,674.8 16,763.4 14,196.1 2,567.3 1,517.3 910.1 2,427.4 21,876.8 -19,449.4 5,672.3 70,598.7 5,834.3 76,433.0 Dec d??³???L??�¹œ 86,025.3 94,773.0 180,798.3 27,883.1 60,775.4 35,024.8 24,774.8 32,340.2 Nov d???³???L????�u½12,088.6 4,674.8 16,763.4 14,196.1 2,567.3 1,517.3 910.1 2,427.4 21,876.8 -19,449.4 5,672.3 70,598.7 5,834.3 76,433.0 Dec d??³???L??�¹œ 86,025.3 94,773.0 180,798.3 27,883.1 60,775.4 35,024.8 24,774.8 32,340.2 Dec d??³???L??�¹œ12,562.7 4,675.1 17,237.8 13,090.2 4,147.6 1,585.0 910.1 2,495.1 21,514.5 -19,019.4 7,389.1 73,236.3 5,865.4 79,101.7 Dec d??³???L??�¹œ12,562.7 4,675.1 17,237.8 13,090.2 4,147.6 1,585.0 910.1 2,495.1 21,514.5 -19,019.4 7,389.1 73,236.3 5,865.4 79,101.7 Jan 2007 d?????¹U??????M?????¹ 83,476.2 95,276.8 178,753.0 29,745.8 60,517.6 33,979.7 21,142.3 33,367.6 Jan 2007 d?????¹U??????M?????¹ 83,476.2 95,276.8 178,753.0 29,745.8 60,517.6 33,979.7 21,142.3 33,367.6 Jan 2007 d?????¹U??????M?????¹10,112.7 4,672.9 14,785.6 12,609.0 2,176.6 1,555.0 910.1 2,465.1 20,950.7 -18,485.6 7,904.2 75,704.9 6,054.9 81,759.8 Feb d?¹«d?????³?????� 82,760.3 97,902.4 180,662.7 31,224.2 62,423.1 33,051.7 18,240.1 35,723.6 Jan 2007 d?????¹U??????M?????¹10,112.7 4,672.9 14,785.6 12,609.0 2,176.6 1,555.0 910.1 2,465.1 20,950.7 -18,485.6 7,904.2 75,704.9 6,054.9 81,759.8 Feb d?¹«d?????³?????� 82,760.3 97,902.4 180,662.7 31,224.2 62,423.1 33,051.7 18,240.1 35,723.6 Feb d?¹«d?????³?????� 9,272.6 4,672.7 13,945.3 12,314.8 1,630.5 1,860.6 910.1 2,770.7 20,317.0 -17,546.3 8,600.8 78,168.4 6,279.6 84,448.0 Mar ”—U????????????� 75,449.1 102,986.9 178,436.0 33,211.3 58,351.3 30,370.7 22,830.9 33,671.8 Feb d?¹«d?????³?????� 9,272.6 4,672.7 13,945.3 12,314.8 1,630.5 1,860.6 910.1 2,770.7 20,317.0 -17,546.3 8,600.8 78,168.4 6,279.6 84,448.0 Mar ”—U????????????� 75,449.1 102,986.9 178,436.0 33,211.3 58,351.3 30,370.7 22,830.9 33,671.8 Mar ”—U????????????� 8,804.3 4,671.7 13,476.0 10,632.8 2,843.2 3,042.7 910.1 3,952.8 19,318.0 -15,365.2 7,842.6 83,297.3 6,117.8 89,415.1 Mar ”—U????????????� 8,804.3 4,671.7 13,476.0 10,632.8 2,843.2 3,042.7 910.1 3,952.8 19,318.0 -15,365.2 7,842.6 83,297.3 6,117.8 89,415.1 Apr q????????¹d???????Ð√ 82,324.7 110,936.8 193,261.5 34,231.7 59,641.6 33,327.9 30,318.3 35,742.0 Apr q????????¹d???????Ð√ 82,324.7 110,936.8 193,261.5 34,231.7 59,641.6 33,327.9 30,318.3 35,742.0 Apr q????????¹d???????Ð√10,223.6 4,670.4 14,894.0 10,010.0 4,884.0 4,332.3 910.1 5,242.4 22,895.8 -17,653.4 8,628.4 87,752.6 6,484.0 94,236.6 May u??¹U????????????????� 80,901.9 116,481.0 197,382.9 34,108.6 66,202.0 29,956.8 31,474.4 35,641.1 Apr q????????¹d???????Ð√10,223.6 4,670.4 14,894.0 10,010.0 4,884.0 4,332.3 910.1 5,242.4 22,895.8 -17,653.4 8,628.4 87,752.6 6,484.0 94,236.6 May u??¹U????????????????� 80,901.9 116,481.0 197,382.9 34,108.6 66,202.0 29,956.8 31,474.4 35,641.1 May u??¹U????????????????�12,136.1 4,668.4 16,804.5 9,663.7 7,140.8 4,315.9 809.0 5,124.9 19,871.1 -14,746.2 9,175.7 90,853.3 6,319.2 97,172.5 May u??¹U????????????????�12,136.1 4,668.4 16,804.5 9,663.7 7,140.8 4,315.9 809.0 5,124.9 19,871.1 -14,746.2 9,175.7 90,853.3 6,319.2 97,172.5

Monthly Monetary Bulletin, May. 2007 10 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 9 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« MonthlyQatar Central Monetary Bank Bulletin, MayMay. 20072007 ≤∞∞∑ u‡‡¹U�ÍeÖd‡‡‡‡‡*« ¨W‡¹dNA�« d‡‡‡‡‡‡D� W‡¹bIM�« ·d‡‡‡‡‡‡B� …dAM�« Monthly Monetary Bulletin, May. 2007 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« 10 Qatar Central Bank 9 ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (5) Money Supply InTable Million No. (5)of QRs Money Supply In Million of QRs ‰Ë«b²�« w� bIM�« X% lz«œu�« bIM�« ÷dŽ qł_ lz«œu�« öLF�UÐ lz«œu�« b‡‡‡‡IM�« t‡‡‡‡‡‡‡³ý b‡‡‡IM�« ÷d‡‡‡‡Ž …d²H�« W¹UN½ VKD�« ©±Â® WO³Mł_« ©≤Â® ‰Ë«b²�« w� bIM�« X% lz«œu�« qł_ lz«œu�« öLF�UÐ lz«œu�« b‡‡‡‡IM�« t‡‡‡‡‡‡‡³ý Currency in Demand MoneybIM�« ÷dŽSupply Time Deposits in Quasi Money b‡‡‡IM�«Money ÷d‡‡‡‡ŽSupply End…d²H�« of Period W¹UN½ WO³Mł_« Circulation DepositsVKD�« ©±Â®(M1) Deposits Foreign Currencies ©≤Â®(M2) Currency in Demand Money Supply Time Deposits in Quasi Money Money Supply End of Period May u??¹U????????????????� Circulation2,774.3 Deposits17,831.9 20,606.2(M1) Deposits21,593.7 Foreign12,256.0 Currencies 33,849.7 54,455.9(M2) Jun u?????????????O??½u?¹ 2,915.7 17,486.2 20,401.9 22,595.3 12,976.7 35,572.0 55,973.9 May u??¹U????????????????� 2,774.3 17,831.9 20,606.2 21,593.7 12,256.0 33,849.7 54,455.9 JunJul u?????????????O??½u?¹u?????????????O??�u?¹ 2,915.72,717.4 17,486.216,441.2 20,401.919,158.6 22,595.323,711.1 12,976.712,860.3 35,572.036,571.4 55,973.955,730.0 Aug fD�??ž√ 2,628.0 16,289.6 18,917.6 24,067.3 13,469.6 37,536.9 56,454.5 Jul u?????????????O??�u?¹ 2,717.4 16,441.2 19,158.6 23,711.1 12,860.3 36,571.4 55,730.0 Sep d??³?L??²?³??Ý 2,906.4 15,847.3 18,753.7 24,328.2 13,891.2 38,219.4 56,973.1 Aug fD�??ž√ 2,628.0 16,289.6 18,917.6 24,067.3 13,469.6 37,536.9 56,454.5 SepOct d??³?L??²?³??Ýd?Ðu?????²??????�√ 2,906.43,180.0 15,847.316,453.9 18,753.719,633.9 24,328.225,222.6 13,891.214,416.1 38,219.439,638.7 56,973.159,272.6 Nov d???³???L????�u½ 3,008.2 17,230.4 20,238.6 26,226.2 15,224.8 41,451.0 61,689.6 Oct d?Ðu?????²??????�√ 3,180.0 16,453.9 19,633.9 25,222.6 14,416.1 39,638.7 59,272.6 Dec d??³???L??�¹œ 2,865.6 19,496.6 22,362.2 26,059.5 15,849.2 41,908.7 64,270.9 Nov d???³???L????�u½ 3,008.2 17,230.4 20,238.6 26,226.2 15,224.8 41,451.0 61,689.6 DecJan 2006 d??³???L??�¹œd?????¹U??????M?????¹ 2,865.62,713.8 19,496.620,376.5 22,362.223,090.3 26,059.526,615.9 15,849.215,062.9 41,908.741,678.8 64,270.964,769.1 Feb d?¹«d?????³?????� 3,005.8 20,426.6 23,432.4 28,086.9 17,241.3 45,328.2 68,760.6 Jan 2006 d?????¹U??????M?????¹ 2,713.8 20,376.5 23,090.3 26,615.9 15,062.9 41,678.8 64,769.1 Mar ”—U????????????� 3,157.7 21,763.4 24,921.1 30,499.3 16,105.2 46,604.5 71,525.6 Feb d?¹«d?????³?????� 3,005.8 20,426.6 23,432.4 28,086.9 17,241.3 45,328.2 68,760.6 MarApr ”—U????????????�q????????¹d???????Ð√ 3,157.73,157.4 21,763.423,449.6 24,921.126,607.0 30,499.332,518.3 16,105.216,310.0 46,604.548,828.3 71,525.675,435.3 May u??¹U????????????????� 3,298.0 21,749.1 25,047.1 34,088.1 16,251.4 50,339.5 75,386.6 Apr q????????¹d???????Ð√ 3,157.4 23,449.6 26,607.0 32,518.3 16,310.0 48,828.3 75,435.3 Jun u?????????????O??½u?¹ 3,355.4 23,700.1 27,055.5 35,069.1 15,709.7 50,778.8 77,834.3 May u??¹U????????????????� 3,298.0 21,749.1 25,047.1 34,088.1 16,251.4 50,339.5 75,386.6 JunJul u?????????????O??½u?¹u?????????????O??�u?¹ 3,355.43,232.3 23,700.121,865.1 27,055.525,097.4 35,069.137,527.3 15,709.715,456.1 50,778.852,983.4 77,834.378,080.8 Aug fD�??ž√ 3,346.2 20,646.6 23,992.8 37,601.9 15,732.4 53,334.3 77,327.1 Jul u?????????????O??�u?¹ 3,232.3 21,865.1 25,097.4 37,527.3 15,456.1 52,983.4 78,080.8 Sep d??³?L??²?³??Ý 3,476.3 21,997.7 25,474.0 37,734.7 19,340.9 57,075.6 82,549.6 Aug fD�??ž√ 3,346.2 20,646.6 23,992.8 37,601.9 15,732.4 53,334.3 77,327.1 SepOct d??³?L??²?³??Ýd?Ðu?????²??????�√ 3,476.33,629.9 21,997.723,814.2 25,474.027,444.1 37,734.735,421.2 19,340.920,111.9 57,075.655,533.1 82,549.682,977.2 Nov d???³???L????�u½ 3,617.8 23,989.1 27,606.9 36,371.9 21,159.3 57,531.2 85,138.1 Oct d?Ðu?????²??????�√ 3,629.9 23,814.2 27,444.1 35,421.2 20,111.9 55,533.1 82,977.2 Dec d??³???L??�¹œ 3,958.9 23,924.2 27,883.1 36,748.0 24,027.4 60,775.4 88,658.5 Nov d???³???L????�u½ 3,617.8 23,989.1 27,606.9 36,371.9 21,159.3 57,531.2 85,138.1 DecJan 2007 d??³???L??�¹œd?????¹U??????M?????¹ 3,958.93,853.7 23,924.225,892.1 27,883.129,745.8 36,748.036,909.0 24,027.423,608.6 60,775.460,517.6 88,658.590,263.4 Feb d?¹«d?????³?????� 3,792.5 27,431.7 31,224.2 37,233.7 25,189.4 62,423.1 93,647.3 Jan 2007 d?????¹U??????M?????¹ 3,853.7 25,892.1 29,745.8 36,909.0 23,608.6 60,517.6 90,263.4 Mar ”—U????????????� 3,965.2 29,246.1 33,211.3 36,204.9 22,146.4 58,351.3 91,562.6 Feb d?¹«d?????³?????� 3,792.5 27,431.7 31,224.2 37,233.7 25,189.4 62,423.1 93,647.3 MarApr ”—U????????????�q????????¹d???????Ð√ 3,965.24,046.7 29,246.130,185.0 33,211.334,231.7 36,204.937,592.7 22,146.422,048.9 58,351.359,641.6 91,562.693,873.3 May u??¹U????????????????� 4,218.04,271.6 29,837.0 34,055.034,108.6 41,893.7 24,308.3 66,202.0 100,310.6100,257.0 Apr q????????¹d???????Ð√ 4,046.7 30,185.0 34,231.7 37,592.7 22,048.9 59,641.6 93,873.3 May u??¹U????????????????� 4,271.6 29,837.0 34,108.6 41,893.7 24,308.3 66,202.0 100,310.6

Monthly Monetary Bulletin, May. 2007 11 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, MayMay. 20072007 11 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (6) Table No. (5) ChangesTable No. (6) in Money Supply Money Supply Changes in Money Supply In Million of QRs InTable Million No. (5)of QRs In Million of QRs Money Supply ‰Ë«b²�« w� bIM�« X% lz«œu�« bIM�« ÷dŽ qł_ lz«œu�« öLF�UÐ lz«œu�« b‡‡‡‡IM�« t‡‡‡‡‡‡‡³ý b‡‡‡IM�« ÷d‡‡‡‡Ž In Million of QRs ‰Ë«b²�« w� bIM�« X% lz«œu�« bIM�« ÷dŽ qł_ lz«œu�« öLF�UÐ lz«œu�« b‡‡‡‡IM�« t‡‡‡‡‡‡‡³ý b‡‡‡IM�« ÷d‡‡‡‡Ž …d²H�« W¹UN½ ‰Ë«b²�« w� bIM�« X% lz«œu�« öLF�UÐ lz«œu�« …d²H�« W¹UN½ VKD�« bIM�« ÷dŽ qł_ lz«œu�« WO³Mł_« b‡‡‡‡IM�« t‡‡‡‡‡‡‡³ý b‡‡‡IM�« ÷d‡‡‡‡Ž VKD�« WO³Mł_« …d²H�« W¹UN½ ©±Â® WO³Mł_« ©≤Â® ©±Â® ©≤Â® VKD�« ©±Â® ©≤Â® ‰Ë«b²�« w� bIM�« X% lz«œu�« bIM�« ÷dŽ qł_ lz«œu�« öLF�UÐ lz«œu�« b‡‡‡‡IM�« t‡‡‡‡‡‡‡³ý b‡‡‡IM�« ÷d‡‡‡‡Ž Currency in Demand Money Supply Time Deposits in Quasi Money Money Supply …d²H�« W¹UN½ Currency in Demand Money Supply Time Deposits in Quasi Money Money Supply End of Period Currency in Demand Money Supply Time Deposits in Quasi Money Money Supply End of Period VKD�« WO³Mł_« End of Period Circulation Deposits (M1) Deposits Foreign Currencies (M2) Circulation Deposits ©±Â®(M1) Deposits Foreign Currencies ©≤Â®(M2) Circulation Deposits (M1) Deposits Foreign Currencies (M2) Currency in Demand Money Supply Time Deposits in Quasi Money Money Supply End of Period May u??¹U????????????????� 93.7 1,173.4 1,267.1 362.9 -58.0 304.9 1,572.0 May u??¹U????????????????� Circulation2,774.3 Deposits17,831.9 20,606.2(M1) Deposits21,593.7 Foreign12,256.0 Currencies 33,849.7 54,455.9(M2) May u??¹U????????????????� 93.7 1,173.4 1,267.1 362.9 -58.0 304.9 1,572.0 Jun u?????????????O??½u?¹ 141.4 -345.7 -204.3 1,001.6 720.7 1,722.3 1,518.0 Jun u?????????????O??½u?¹ 2,915.7 17,486.2 20,401.9 22,595.3 12,976.7 35,572.0 55,973.9 Jun u?????????????O??½u?¹ 141.4 -345.7 -204.3 1,001.6 720.7 1,722.3 1,518.0 May u??¹U????????????????� 2,774.3 17,831.9 20,606.2 21,593.7 12,256.0 33,849.7 54,455.9 Jul u?????????????O??�u?¹ -198.3 -1,045.0 -1,243.3 1,115.8 -116.4 999.4 -243.9 JunJul u?????????????O??½u?¹u?????????????O??�u?¹ 2,915.72,717.4 17,486.216,441.2 20,401.919,158.6 22,595.323,711.1 12,976.712,860.3 35,572.036,571.4 55,973.955,730.0 Jul u?????????????O??�u?¹ -198.3 -1,045.0 -1,243.3 1,115.8 -116.4 999.4 -243.9 Aug fD�??ž√ -89.4 -151.6 -241.0 356.2 609.3 965.5 724.5 Aug fD�??ž√ 2,628.0 16,289.6 18,917.6 24,067.3 13,469.6 37,536.9 56,454.5 Aug fD�??ž√ -89.4 -151.6 -241.0 356.2 609.3 965.5 724.5 Jul u?????????????O??�u?¹ 2,717.4 16,441.2 19,158.6 23,711.1 12,860.3 36,571.4 55,730.0 Sep d??³?L??²?³??Ý 278.4 -442.3 -163.9 260.9 421.6 682.5 518.6 Sep d??³?L??²?³??Ý 2,906.4 15,847.3 18,753.7 24,328.2 13,891.2 38,219.4 56,973.1 Sep d??³?L??²?³??Ý 278.4 -442.3 -163.9 260.9 421.6 682.5 518.6 Aug fD�??ž√ 2,628.0 16,289.6 18,917.6 24,067.3 13,469.6 37,536.9 56,454.5 Oct d?Ðu?????²??????�√ 273.6 606.6 880.2 894.4 524.9 1,419.3 2,299.5 SepOct d??³?L??²?³??Ýd?Ðu?????²??????�√ 2,906.43,180.0 15,847.316,453.9 18,753.719,633.9 24,328.225,222.6 13,891.214,416.1 38,219.439,638.7 56,973.159,272.6 Oct d?Ðu?????²??????�√ 273.6 606.6 880.2 894.4 524.9 1,419.3 2,299.5 Nov d???³???L????�u½ -171.8 776.5 604.7 1,003.6 808.7 1,812.3 2,417.0 Nov d???³???L????�u½ 3,008.2 17,230.4 20,238.6 26,226.2 15,224.8 41,451.0 61,689.6 Nov d???³???L????�u½ -171.8 776.5 604.7 1,003.6 808.7 1,812.3 2,417.0 Oct d?Ðu?????²??????�√ 3,180.0 16,453.9 19,633.9 25,222.6 14,416.1 39,638.7 59,272.6 Dec d??³???L??�¹œ -142.6 2,266.2 2,123.6 -166.7 624.4 457.7 2,581.3 Dec d??³???L??�¹œ 2,865.6 19,496.6 22,362.2 26,059.5 15,849.2 41,908.7 64,270.9 Dec d??³???L??�¹œ -142.6 2,266.2 2,123.6 -166.7 624.4 457.7 2,581.3 Nov d???³???L????�u½ 3,008.2 17,230.4 20,238.6 26,226.2 15,224.8 41,451.0 61,689.6 Jan 2006 d?????¹U??????M?????¹ -151.8 879.9 728.1 556.4 -786.3 -229.9 498.2 DecJan 2006 d??³???L??�¹œd?????¹U??????M?????¹ 2,865.62,713.8 19,496.620,376.5 22,362.223,090.3 26,059.526,615.9 15,849.215,062.9 41,908.741,678.8 64,270.964,769.1 Jan 2006 d?????¹U??????M?????¹ -151.8 879.9 728.1 556.4 -786.3 -229.9 498.2 Feb d?¹«d?????³?????� 292.0 50.1 342.1 1,471.0 2,178.4 3,649.4 3,991.5 Feb d?¹«d?????³?????� 3,005.8 20,426.6 23,432.4 28,086.9 17,241.3 45,328.2 68,760.6 Feb d?¹«d?????³?????� 292.0 50.1 342.1 1,471.0 2,178.4 3,649.4 3,991.5 Jan 2006 d?????¹U??????M?????¹ 2,713.8 20,376.5 23,090.3 26,615.9 15,062.9 41,678.8 64,769.1 Mar ”—U????????????� 151.9 1,336.8 1,488.7 2,412.4 -1,136.1 1,276.3 2,765.0 Mar ”—U????????????� 3,157.7 21,763.4 24,921.1 30,499.3 16,105.2 46,604.5 71,525.6 Mar ”—U????????????� 151.9 1,336.8 1,488.7 2,412.4 -1,136.1 1,276.3 2,765.0 Feb d?¹«d?????³?????� 3,005.8 20,426.6 23,432.4 28,086.9 17,241.3 45,328.2 68,760.6 Apr q????????¹d???????Ð√ -0.3 1,686.2 1,685.9 2,019.0 204.8 2,223.8 3,909.7 MarApr ”—U????????????�q????????¹d???????Ð√ 3,157.73,157.4 21,763.423,449.6 24,921.126,607.0 30,499.332,518.3 16,105.216,310.0 46,604.548,828.3 71,525.675,435.3 Apr q????????¹d???????Ð√ -0.3 1,686.2 1,685.9 2,019.0 204.8 2,223.8 3,909.7 May u??¹U????????????????� 140.6 -1,700.5 -1,559.9 1,569.8 -58.6 1,511.2 -48.7 May u??¹U????????????????� 3,298.0 21,749.1 25,047.1 34,088.1 16,251.4 50,339.5 75,386.6 May u??¹U????????????????� 140.6 -1,700.5 -1,559.9 1,569.8 -58.6 1,511.2 -48.7 Apr q????????¹d???????Ð√ 3,157.4 23,449.6 26,607.0 32,518.3 16,310.0 48,828.3 75,435.3 Jun u?????????????O??½u?¹ 57.4 1,951.0 2,008.4 981.0 -541.7 439.3 2,447.7 Jun u?????????????O??½u?¹ 3,355.4 23,700.1 27,055.5 35,069.1 15,709.7 50,778.8 77,834.3 Jun u?????????????O??½u?¹ 57.4 1,951.0 2,008.4 981.0 -541.7 439.3 2,447.7 May u??¹U????????????????� 3,298.0 21,749.1 25,047.1 34,088.1 16,251.4 50,339.5 75,386.6 Jul u?????????????O??�u?¹ -123.1 -1,835.0 -1,958.1 2,458.2 -253.6 2,204.6 246.5 JunJul u?????????????O??½u?¹u?????????????O??�u?¹ 3,355.43,232.3 23,700.121,865.1 27,055.525,097.4 35,069.137,527.3 15,709.715,456.1 50,778.852,983.4 77,834.378,080.8 Jul u?????????????O??�u?¹ -123.1 -1,835.0 -1,958.1 2,458.2 -253.6 2,204.6 246.5 Aug fD�??ž√ 113.9 -1,218.5 -1,104.6 74.6 276.3 350.9 -753.7 Aug fD�??ž√ 3,346.2 20,646.6 23,992.8 37,601.9 15,732.4 53,334.3 77,327.1 Aug fD�??ž√ 113.9 -1,218.5 -1,104.6 74.6 276.3 350.9 -753.7 Jul u?????????????O??�u?¹ 3,232.3 21,865.1 25,097.4 37,527.3 15,456.1 52,983.4 78,080.8 Sep d??³?L??²?³??Ý 130.1 1,351.1 1,481.2 132.8 3,608.5 3,741.3 5,222.5 Sep d??³?L??²?³??Ý 3,476.3 21,997.7 25,474.0 37,734.7 19,340.9 57,075.6 82,549.6 Sep d??³?L??²?³??Ý 130.1 1,351.1 1,481.2 132.8 3,608.5 3,741.3 5,222.5 Aug fD�??ž√ 3,346.2 20,646.6 23,992.8 37,601.9 15,732.4 53,334.3 77,327.1 Oct d?Ðu?????²??????�√ 153.6 1,816.5 1,970.1 -2,313.5 771.0 -1,542.5 427.6 SepOct d??³?L??²?³??Ýd?Ðu?????²??????�√ 3,476.33,629.9 21,997.723,814.2 25,474.027,444.1 37,734.735,421.2 19,340.920,111.9 57,075.655,533.1 82,549.682,977.2 Oct d?Ðu?????²??????�√ 153.6 1,816.5 1,970.1 -2,313.5 771.0 -1,542.5 427.6 Nov d???³???L????�u½ -12.1 174.9 162.8 950.7 1,047.4 1,998.1 2,160.9 Nov d???³???L????�u½ 3,617.8 23,989.1 27,606.9 36,371.9 21,159.3 57,531.2 85,138.1 Nov d???³???L????�u½ -12.1 174.9 162.8 950.7 1,047.4 1,998.1 2,160.9 Oct d?Ðu?????²??????�√ 3,629.9 23,814.2 27,444.1 35,421.2 20,111.9 55,533.1 82,977.2 Dec d??³???L??�¹œ 341.1 -64.9 276.2 376.1 2,868.1 3,244.2 3,520.4 Dec d??³???L??�¹œ 3,958.9 23,924.2 27,883.1 36,748.0 24,027.4 60,775.4 88,658.5 Dec d??³???L??�¹œ 341.1 -64.9 276.2 376.1 2,868.1 3,244.2 3,520.4 Nov d???³???L????�u½ 3,617.8 23,989.1 27,606.9 36,371.9 21,159.3 57,531.2 85,138.1 Jan 2007 d?????¹U??????M?????¹ -105.2 1,967.9 1,862.7 161.0 -418.8 -257.8 1,604.9 DecJan 2007 d??³???L??�¹œd?????¹U??????M?????¹ 3,958.93,853.7 23,924.225,892.1 27,883.129,745.8 36,748.036,909.0 24,027.423,608.6 60,775.460,517.6 88,658.590,263.4 Jan 2007 d?????¹U??????M?????¹ -105.2 1,967.9 1,862.7 161.0 -418.8 -257.8 1,604.9 Feb d?¹«d?????³?????� -61.2 1,539.6 1,478.4 324.7 1,580.8 1,905.5 3,383.9 Feb d?¹«d?????³?????� 3,792.5 27,431.7 31,224.2 37,233.7 25,189.4 62,423.1 93,647.3 Feb d?¹«d?????³?????� -61.2 1,539.6 1,478.4 324.7 1,580.8 1,905.5 3,383.9 Jan 2007 d?????¹U??????M?????¹ 3,853.7 25,892.1 29,745.8 36,909.0 23,608.6 60,517.6 90,263.4 Mar ”—U????????????� 172.7 1,814.4 1,987.1 -1,028.8 -3,043.0 -4,071.8 -2,084.7 Mar ”—U????????????� 3,965.2 29,246.1 33,211.3 36,204.9 22,146.4 58,351.3 91,562.6 Mar ”—U????????????� 172.7 1,814.4 1,987.1 -1,028.8 -3,043.0 -4,071.8 -2,084.7 Feb d?¹«d?????³?????� 3,792.5 27,431.7 31,224.2 37,233.7 25,189.4 62,423.1 93,647.3 Apr q????????¹d???????Ð√ 81.5 938.9 1,020.4 1,387.8 -97.5 1,290.3 2,310.7 MarApr ”—U????????????�q????????¹d???????Ð√ 3,965.24,046.7 29,246.130,185.0 33,211.334,231.7 36,204.937,592.7 22,146.422,048.9 58,351.359,641.6 91,562.693,873.3 Apr q????????¹d???????Ð√ 81.5 938.9 1,020.4 1,387.8 -97.5 1,290.3 2,310.7 May u??¹U????????????????� 171.3224.9 -348.0 -176.7-123.1 4,301.0 2,259.4 6,560.4 6,437.36,383.7 May u??¹U????????????????� 4,271.6 29,837.0 34,108.6 41,893.7 24,308.3 66,202.0 100,310.6 May u??¹U????????????????� 224.9 -348.0 -123.1 4,301.0 2,259.4 6,560.4 6,437.3 Apr q????????¹d???????Ð√ 4,046.7 30,185.0 34,231.7 37,592.7 22,048.9 59,641.6 93,873.3 May u??¹U????????????????� 4,271.6 29,837.0 34,108.6 41,893.7 24,308.3 66,202.0 100,310.6

Monthly Monetary Bulletin, May. 2007 11 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Monthly Monetary Bulletin, May. 2007 12 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« QatarMonthly Central Monetary Bank Bulletin, May.May 2007 12 ≤∞∞∑ u‡‡¹U�ÍeÖd‡‡‡‡‡*« ¨W‡¹dNA�« d‡‡‡‡‡‡D� W‡¹bIM�« ·d‡‡‡‡‡‡B� …dAM�« Monthly Monetary Bulletin, May. 2007 11 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (7) Table No. (7) على (Changes in Factors Affecting Money Supply (M2 In Million of QRs In Million of QRs «œułu*« w�U� ÊU‡‡‡‡L²zô« WO�uJ(« lz«œu�« Èdš« œuMÐ «œułu*« w�U� ÊU‡‡‡‡L²zô« WO�uJ(« lz«œu�« Èdš« œuMÐ ŸuL:« …d²H�« W¹UN½ WO³Mł_« wK;« ©≠…œU¹e�«® ©≠ …œU¹e�«® Foreign Assets Domestic Govt. Deposits Other Items Foreign Assets Domestic Govt. Deposits Other Items Total End of Period (Net) Credit (Increase-) (Increase-)

May u??¹U????????????????� 2,912.7 1,560.7 -615.8 -2,285.6 1,572.0 Jun u?????????????O??½u?¹ 19.4 1,448.1 -382.9 433.4 1,518.0

Jul u?????????????O??�u?¹ 1,250.8 -959.0 54.0 -589.7 -243.9 Aug fD�??ž√ 108.9 2,531.3 -1,735.8 -179.9 724.5 Sep d??³?L??²?³??Ý 1,658.9 1,753.5 -2,047.1 -846.7 518.6

Oct d?Ðu?????²??????�√ -103.9 -101.3 2,122.7 382.0 2,299.5 Nov d???³???L????�u½ 2,858.0 1,558.4 -688.9 -1,310.5 2,417.0 Dec d??³???L??�¹œ 3,496.3 5,125.9 -2,177.1 -3,863.8 2,581.3

2006 Jan 2006 d?????¹U??????M?????¹ 2,160.1 3,929.6 1,164.4 -6,755.9 498.2 Feb d?¹«d?????³?????� 4,735.7 -3,065.0 -2,178.9 4,499.7 3,991.5 Mar ”—U????????????� -4,318.2 2,896.6 -281.6 4,468.2 2,765.0

Apr q????????¹d???????Ð√ 6,784.2 6,826.8 -7,280.6 -2,420.7 3,909.7 May u??¹U????????????????� 2,265.9 -1,099.3 -1,829.4 614.1 -48.7 Jun u?????????????O??½u?¹ -1,952.9 -392.7 4,027.7 765.6 2,447.7

Jul u?????????????O??�u?¹ -2,531.5 1,000.2 2,202.1 -424.3 246.5 Aug fD�??ž√ -200.3 1,808.3 -1,107.3 -1,254.4 -753.7 Sep d??³?L??²?³??Ý 6,894.1 3,655.6 -4,719.4 -607.8 5,222.5

Oct d?Ðu?????²??????�√ 1,534.1 3,335.9 -953.6 -3,488.8 427.6 Nov d???³???L????�u½ 2,220.3 3,614.6 -2,040.9 -1,633.1 2,160.9 Dec d??³???L??�¹œ -4,161.3 4,896.1 1,460.3 1,325.3 3,520.4

2007 Jan 2007 d?????¹U??????M?????¹ 1,083.4 503.8 1,045.1 -1,027.4 1,604.9 Feb d?¹«d?????³?????� 2,186.3 2,625.6 928.0 -2,356.0 3,383.9 Mar ”—U????????????� -11,902.0 5,084.5 2,681.0 2,051.8 -2,084.7

Apr q????????¹d???????Ð√ -611.8 7,949.9 -2,957.2 -2,070.2 2,310.7 May u??¹U????????????????� -2,578.9 5,544.2 3,371.1 47.3100.9 6,383.76,437.3

Monthly Monetary Bulletin, May. 2007 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May.May 2007 13 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (8) Financial Statement of Qatarthe Qatar Central Central Bank Bank Assets TableIn Million No. (8)of QRs Financial Statement of the Qatar Central Bank …b�—√ «bMÝ W�Ëœ WBŠ lz«œË Èb� …b�—√ UÐuKD� «œułu� w�ULł≈ Assets „uM³�« Èb� U½Ë–√Ë Èb� dD� V×��« ‚uIŠ V¼c�« WOK;« „uM³�« W�uJ(« s� Èdš√ «œułu*« In Million of QRs …d²H�« W‡‡‡‡‡‡¹UN½ WO³Mł_« WM¹eš bIM�« ‚ËbM� W�U)« …b�—√ WO³Mł√ «bMÝ W�Ëœw�Ëb�« WBŠ lz«œË Èb� …b�—√ UÐuKD� «œułu� w�ULł≈ End of Period „uM³�«Balances Èb� Foreign U½Ë–√Ë IMFÈb� Reserve dD� V×��«SDR ‚uIŠ V¼c�«Gold WOK;«Balances „uM³�« W�uJ(«Claims ons� OtherÈdš√ «œułu*«Total …d²H�« W‡‡‡‡‡‡¹UN½ with WO³Mł_« Foreign SecuritiesWM¹eš bIM�«Position ‚ËbM� HoldingW�U)« with Local Government Assets Assets Banks WO³Mł√ w�Ëb�« Banks End of Period Balances Foreign IMF Reserve SDR Gold Balances Claims on Other Total May u??¹U????????????????� with2,573.0 Foreign Securities12,899.9 Position339.7 Holding136.2 99.9 with114.2 Local Government0.0 Assets265.8 16,428.7Assets Jun u?????????????O??½u?¹ 2,163.8Banks 13,356.0 333.8 133.8 30.4 Banks500.5 0.0 260.5 16,778.8

JulMay u?????????????O??�u?¹u??¹U????????????????� 2,307.52,573.0 13,579.912,899.9 331.7339.7 132.9136.2 29.999.9 114.24.8 0.0 260.1265.8 16,646.816,428.7 AugJun fD�??ž√u?????????????O??½u?¹ 1,811.62,163.8 14,024.513,356.0 333.9333.8 136.5133.8 30.030.4 500.590.9 0.0 262.3260.5 16,689.716,778.8 Sep d??³?L??²?³??Ý 1,660.4 14,284.9 321.0 135.5 32.8 195.4 0.0 261.5 16,891.5 Jul u?????????????O??�u?¹ 2,307.5 13,579.9 331.7 132.9 29.9 4.8 0.0 260.1 16,646.8 OctAug d?Ðu?????²??????�√fD�??ž√ 1,942.71,811.6 13,952.614,024.5 320.2333.9 135.1136.5 32.930.0 106.890.9 0.0 261.9262.3 16,752.216,689.7 NovSep d???³???L????�u½d??³?L??²?³??Ý 1,867.41,660.4 14,062.514,284.9 315.9321.0 135.8135.5 34.732.8 195.495.2 0.0 280.9261.5 16,792.416,891.5 Dec d??³???L??�¹œ 2,169.1 14,121.2 180.3 136.1 36.0 357.9 0.0 253.4 17,254.0 Oct d?Ðu?????²??????�√ 1,942.7 13,952.6 320.2 135.1 32.9 106.8 0.0 261.9 16,752.2 JanNov 2006 d?????¹U??????M?????¹d???³???L????�u½ 3,297.31,867.4 14,157.714,062.5 170.2315.9 137.6135.8 39.534.7 90.795.2 0.0 255.4280.9 18,148.416,792.4 FebDec d?¹«d?????³?????�d??³???L??�¹œ 2,410.02,169.1 15,062.114,121.2 169.0180.3 138.8136.1 38.636.0 106.3357.9 0.0 257.8253.4 18,182.617,254.0 Mar ”—U????????????� 2,401.3 14,786.5 159.4 139.4 40.6 120.1 0.0 257.9 17,905.2 Jan 2006 d?????¹U??????M?????¹ 3,297.3 14,157.7 170.2 137.6 39.5 90.7 0.0 255.4 18,148.4 AprFeb q????????¹d???????Ð√d?¹«d?????³?????� 2,751.32,410.0 15,092.815,062.1 162.7169.0 142.3138.8 45.438.6 106.318.7 0.0 263.9257.8 18,477.118,182.6 MayMar u??¹U????????????????�”—U????????????� 3,578.12,401.3 14,947.214,786.5 159.7159.4 146.2139.4 45.440.6 120.194.6 0.0 264.0257.9 19,235.217,905.2 Jun u?????????????O??½u?¹ 3,523.2 15,600.3 158.1 144.7 42.6 34.4 0.0 260.2 19,763.5 Apr q????????¹d???????Ð√ 2,751.3 15,092.8 162.7 142.3 45.4 18.7 0.0 263.9 18,477.1 JulMay u?????????????O??�u?¹u??¹U????????????????� 3,392.83,578.1 15,720.214,947.2 158.6159.7 145.2146.2 44.245.4 176.694.6 0.0 261.9264.0 19,899.519,235.2 AugJun fD�??ž√u?????????????O??½u?¹ 3,356.23,523.2 15,730.515,600.3 159.1158.1 147.5144.7 43.042.6 145.634.4 0.0 262.9260.2 19,844.819,763.5 Sep d??³?L??²?³??Ý 3,791.6 15,244.9 157.8 146.3 41.6 103.5 0.0 260.7 19,746.4 Jul u?????????????O??�u?¹ 3,392.8 15,720.2 158.6 145.2 44.2 176.6 0.0 261.9 19,899.5 OctAug d?Ðu?????²??????�√fD�??ž√ 3,489.23,356.2 15,771.115,730.5 147.4159.1 146.6147.5 42.043.0 145.661.9 0.0 266.7262.9 19,924.919,844.8 NovSep d???³???L????�u½d??³?L??²?³??Ý 3,839.33,791.6 15,469.015,244.9 150.2157.8 151.3146.3 44.241.6 103.4103.5 0.0 269.6260.7 20,027.019,746.4 Dec d??³???L??�¹œ 3,645.3 15,745.9 128.3 151.0 44.3 227.1 0.0 264.7 20,206.6 Oct d?Ðu?????²??????�√ 3,489.2 15,771.1 147.4 146.6 42.0 61.9 0.0 266.7 19,924.9 JanNov 2007 d?????¹U??????M?????¹d???³???L????�u½ 3,828.83,839.3 15,510.615,469.0 123.8150.2 149.6151.3 158.144.2 289.8103.4 0.0 262.2269.6 20,322.920,027.0 FebDec d?¹«d?????³?????�d??³???L??�¹œ 3,946.73,645.3 15,648.515,745.9 125.0128.3 152.9151.0 240.044.3 450.5227.1 0.0 264.3264.7 20,827.920,206.6 Mar ”—U????????????� 4,429.8 15,220.7 125.5 153.5 648.4 362.9 0.0 272.2 21,213.0 Jan 2007 d?????¹U??????M?????¹ 3,828.8 15,510.6 123.8 149.6 158.1 289.8 0.0 262.2 20,322.9 AprFeb q????????¹d???????Ð√d?¹«d?????³?????� 3,846.13,946.7 15,174.815,648.5 110.2125.0 155.1152.9 702.8240.0 868.6450.5 0.0 276.1264.3 21,133.720,827.9 MayMar u??¹U????????????????�”—U????????????� 3,633.04,429.8 15,255.215,220.7 109.2125.5 155.5153.5 912.0648.4 886.1362.9 0.0 375.4272.2 21,326.421,213.0

Apr q????????¹d???????Ð√ 3,846.1 15,174.8 110.2 155.1 702.8 868.6 0.0 276.1 21,133.7 May u??¹U????????????????� 3,633.0 15,255.2 109.2 155.5 912.0 886.1 0.0 375.4 21,326.4

Monthly Monetary Bulletin, May. 2007 14 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, MayMay. 2007 2007 14 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (9) Financial Statement of Qatarthe Qatar CentCentral Centralral BanBank Bankk Liabilities In Million of QRs Table No. (9) Financial Statement of the Qatar Central Bank ØØØØØØØØØØØØØØØØ Liabilities ØØØØØØØØØ ØØØØØØØØØØØØØØØØØØØØØ In Million of QREnd of Periods Currency Due to Capital and Revaluation Required Deposits of Other Total Issued Govt. `@@@@@D'}3Reserves'1# Acount Reserve Local Banks Liabilities Liabilities 1t@@|zD' d@@@@¡@@nD' Iv@@@@.'# MayEnd of Period2005 Currency3,379.4 Due to209.7 Capital and7,328.2 Revaluation821.5 Reserve1,919.3 Deposits of2,426.3 Other344.3 16,428.7Total Jun ======C======G 3,560.2Issued 219.6Govt. Reserves7,328.2 Acount785.8 Requirement1,944.4 Local Banks2,514.0 Liabilities426.6 Liabilities16,778.8

Jul 3,373.9 272.1 7,328.2 777.9 2,011.6 2,474.2 408.9 16,646.8 May 2005 3,379.4 209.7 7,328.2 821.5 1,919.3 2,426.3 344.3 16,428.7 Aug 3,303.2 297.1 7,328.2 787.6 2,009.3 2,510.4 453.9 16,689.7 Jun ƒ``````«`fƒ```````j 3,560.2 219.6 7,328.2 785.8 1,944.4 2,514.0 426.6 16,778.8 Sep u====`d=`{3 3,631.9 332.2 7,328.2 779.5 2,069.1 2,079.9 670.7 16,891.5 Jul 3,373.9 272.1 7,328.2 777.9 2,011.6 2,474.2 408.9 16,646.8 Oct 3,912.2 332.2 7,328.2 777.3 2,132.7 1,744.5 525.1 16,752.2 Aug 3,303.2 297.1 7,328.2 787.6 2,009.3 2,510.4 453.9 16,689.7 Nov 3,713.9 332.3 7,328.2 740.1 2,166.8 1,941.6 569.5 16,792.4 Sep È`ªà`````Ñ°S 3,631.9 332.2 7,328.2 779.5 2,069.1 2,079.9 670.7 16,891.5 Dec 3,531.2 262.1 7,682.0 739.9 2,224.5 2,502.5 311.8 17,254.0

Oct 3,912.2 332.2 7,328.2 777.3 2,132.7 1,744.5 525.1 16,752.2 Jan 2006 u======G_=======G 3,438.4 262.1 7,682.0 776.4 2,303.4 3,287.5 398.6 18,148.4 Nov 3,713.9 332.3 7,328.2 740.1 2,166.8 1,941.6 569.5 16,792.4 Feb 3,744.9 209.7 7,682.0 730.6 2,378.6 2,942.6 494.2 18,182.6 Dec 3,531.2 262.1 7,682.0 739.9 2,224.5 2,502.5 311.8 17,254.0 Mar 3,938.5 43.7 7,682.0 724.7 2,520.1 2,531.3 464.9 17,905.2 Jan 2006 ô````````jÉ```````æj 3,438.4 262.1 7,682.0 776.4 2,303.4 3,287.5 398.6 18,148.4 Apr ======Gu======(%' 3,973.4 409.3 7,682.0 873.1 2,609.8 2,268.6 660.9 18,477.1 Feb 3,744.9 209.7 7,682.0 730.6 2,378.6 2,942.6 494.2 18,182.6 May 4,095.9 409.3 7,682.0 840.3 2,782.1 2,753.8 671.8 19,235.2 Mar 3,938.5 43.7 7,682.0 724.7 2,520.1 2,531.3 464.9 17,905.2 Jun ======C======G 4,192.8 406.7 7,682.0 867.1 2,937.8 3,153.9 523.2 19,763.5 Apr π```````jô``````HEG 3,973.4 409.3 7,682.0 873.1 2,609.8 2,268.6 660.9 18,477.1 Jul 4,066.6 406.7 7,682.0 878.6 2,891.9 3,400.5 573.2 19,899.5 May 4,095.9 409.3 7,682.0 840.3 2,782.1 2,753.8 671.8 19,235.2 Aug 4,200.2 406.7 7,682.0 897.6 2,860.4 3,166.8 631.1 19,844.8 Jun ƒ``````«`fƒ```````j 4,192.8 406.7 7,682.0 867.1 2,937.8 3,153.9 523.2 19,763.5 Sep u====`d=`{3 4,326.3 406.7 7,682.0 838.2 2,897.3 2,915.0 680.9 19,746.4 Jul 4,066.6 406.7 7,682.0 878.6 2,891.9 3,400.5 573.2 19,899.5 Oct 4,557.3 412.1 7,682.0 885.2 3,090.1 2,452.2 846.0 19,924.9 Aug 4,200.2 406.7 7,682.0 897.6 2,860.4 3,166.8 631.1 19,844.8 Nov 4,637.8 412.1 7,682.0 1,020.7 3,215.3 2,267.5 791.6 20,027.0 Sep È`ªà`````Ñ°S 4,326.3 406.7 7,682.0 838.2 2,897.3 2,915.0 680.9 19,746.4 Dec 5,069.8 420.0 7,751.2 1,030.3 3,267.9 1,816.1 851.3 20,206.6

Oct 4,557.3 412.1 7,682.0 885.2 3,090.1 2,452.2 846.0 19,924.9 Jan 2007 u======G_=======G 4,832.5 420.0 7,751.2 930.1 3,311.6 2,070.9 1,006.6 20,322.9 Nov 4,637.8 412.1 7,682.0 1,020.7 3,215.3 2,267.5 791.6 20,027.0 Feb 4,769.4 420.0 7,751.2 1,061.2 3,309.1 2,239.4 1,277.6 20,827.9 Dec 5,069.8 420.0 7,751.2 1,030.3 3,267.9 1,816.1 851.3 20,206.6 Mar 4,927.6 420.0 7,751.2 1,124.5 3,320.6 1,920.5 1,748.6 21,213.0 Jan 2007 ô````````jÉ```````æj 4,832.5 420.0 7,751.2 930.1 3,311.6 2,070.9 1,006.6 20,322.9 Apr ======Gu======(%' 5,088.9 422.0 7,751.2 1,245.3 3,319.0 2,185.9 1,121.4 21,133.7 Feb 4,769.4 420.0 7,751.2 1,061.2 3,309.1 2,239.4 1,277.6 20,827.9 May 5,264.5 422.0 8,104.8 1,126.9 3,494.3 1,793.7 1,120.2 21,326.4 Mar 4,927.6 420.0 7,751.2 1,124.5 3,320.6 1,920.5 1,748.6 21,213.0

Apr π```````jô``````HEG 5,088.9 422.0 7,751.2 1,245.3 3,319.0 2,185.9 1,121.4 21,133.7 May 5,264.5 422.0 8,104.8 1,126.9 3,494.3 1,793.7 1,120.2 21,326.4

Monthly Monetary Bulletin, MayApr. 2007 15 Qatar Central Bank Table No. (10) النقود االحتياطية )م.( واملوجودات املقابلة لها TableReserve No. Money(10) (M0) & The Counterpart Assets ReserveIn Million Moneyof QRs (M0) & The Counterpart Assets Table No. (9) In Million of QRs Reserve Money (M0) Counterpart Assets WOÞUO²Šô« œuIM�« W‡‡‡‡‡‡‡KÐUI*« «œu‡‡‡łu*« Financial Statement of the Qatar Central Bank …d²H�« W‡‡‡‡‡‡¹UN½ Reserve Money·d‡‡B*« (M0) Èb� WOÞUO²Šô« „uM³�« …b‡‡‡�—√ œuIM�« WO³Mł_« «œułu*«Counterpart w�U� Assets W‡‡‡‡‡‡‡KÐUI*«WOK;« «œu‡‡‡łu*« «œułu*« w�U� b‡‡‡‡‡‡‡IM�« Banks Balances with QCB Foreign Assets (Net) Net Domestic Assets Liabilities ·d‡‡B*« Èb� „uM³�« …b‡‡‡�—√ WO³Mł_« «œułu*« w�U� WOK;« «œułu*« w�U� In Million of QRs …d²H�« W‡‡‡‡‡‡¹UN½ izU� vKŽ U³�UD� vKŽ U³�UD� Èdš√ œuMÐ b‡‡‡‡‡‡‡IM�«—b‡‡‡B*« wÞUO²Šô«Banks Balances with QCBÈdš√ = «œułu*«Foreign UÐuKD*« Assets (Net)w�UB�« Net Domestic Assets w�UB�« End of Period …b�—_« ©w�U�® W�uJ(« w�«e�ù« izU� WO³Mł_« WO³Mł_« vKŽ U³�UD� WOK;«vKŽ U³�UD� „uM³�« Èdš√w�U� œuMÐ `@@@@@D'}3'1# Currency—b‡‡‡B*« wÞUO²Šô« Èdš√ = «œułu*« UÐuKD*« w�UB�« Claims On w�UB�« WOÞUO²Šô« ©w�U�® End of Period RequiredReserve Others WKÐUI*« «œułu*« Foreign Foreign Net W�uJ(« Claims On Other Items Net …b�—_« WOÞUO²Šô« œuIM�« Government WOK;« „uM³�« w�U� Currency w�«e�ù« Excess Counterpart Assets WO³Mł_« WO³Mł_« Claims On 1t@@|zD' d@@@@¡@@nD' Iv@@@@.'# Issued Reserve Money (MO) RequirementReserve WOÞUO²Šô« Assets Liabilities (net)(Net) Local Banks Net Reserve Reserve Others WKÐUI*« «œułu*« Foreign Foreign Net Claims On Other Items Net WOÞUO²Šô« œuIM�« Government

Excess Counterpart Assets End of Period Currency Due to Capital and Revaluation Reserve Deposits of Other Total Issued Reserve Money (MO) (net) Requirement Reserve Assets Liabilities Local Banks Net May u??¹U????????????????� 3,379.4 1,919.3 1,168.8 1,257.5 7,724.6 16,048.7 7.3 16,041.4 -209.7 114.2 -8,221.3 -8,316.8 Issued Govt. Reserves Acount Requirement Local Banks Liabilities Liabilities MayJun u??¹U????????????????�u?????????????O??½u?¹ 3,379.43,560.2 1,919.31,944.4 1,168.81,318.1 1,257.51,195.9 7,724.68,018.6 16,048.716,017.8 7.39.4 16,041.416,008.4 -209.7-219.7 114.2500.5 -8,221.3-8,270.6 -8,316.8-7,989.8 Jun u?????????????O??½u?¹ 3,560.2 1,944.4 1,318.1 1,195.9 8,018.6 16,017.8 9.4 16,008.4 -219.7 500.5 -8,270.6 -7,989.8 May 2005 3,379.4 209.7 7,328.2 821.5 1,919.3 2,426.3 344.3 16,428.7 Jul u?????????????O??�u?¹ 3,373.9 2,011.6 1,153.6 1,53.6 7,859.7 16,381.9 8.1 16,373.8 -272.1 4.8 -8,246.8 -8,514.1 Jun ƒ``````«`fƒ```````j 3,560.2 219.6 7,328.2 785.8 1,944.4 2,514.0 426.6 16,778.8 JulAug u?????????????O??�u?¹fD�??ž√ 3,373.93,303.2 2,011.62,009.3 1,153.6809.1 1,701.31,53.6 7,859.77,822.9 16,381.916,336.5 11.18.1 16,373.816,325.4 -272.1-297.1 90.94.8 -8,246.8-8,296.3 -8,514.1-8,502.5 AugSep fD�??ž√d??³?L??²?³??Ý 3,303.23,631.9 2,009.32,069.1 809.1508.9 1,701.31,571.0 7,822.97,780.9 16,336.516,434.6 189.411.1 16,325.416,245.2 -297.1-332.2 195.490.9 -8,296.3-8,327.5 -8,502.5-8,464.3 Jul 3,373.9 272.1 7,328.2 777.9 2,011.6 2,474.2 408.9 16,646.8 Sep d??³?L??²?³??Ý 3,631.9 2,069.1 508.9 1,571.0 7,780.9 16,434.6 189.4 16,245.2 -332.2 195.4 -8,327.5 -8,464.3 Aug 3,303.2 297.1 7,328.2 787.6 2,009.3 2,510.4 453.9 16,689.7 Oct d?Ðu?????²??????�√ 3,912.2 2,132.7 324.0 1,420.5 7,789.4 16,383.5 7.4 16,376.1 -332.2 106.8 -8,361.3 -8,586.7 Sep È`ªà`````Ñ°S 3,631.9 332.2 7,328.2 779.5 2,069.1 2,079.9 670.7 16,891.5 OctNov d?Ðu?????²??????�√d???³???L????�u½ 3,912.23,713.9 2,132.72,166.8 324.0285.9 1,420.51,655.7 7,789.47,822.3 16,383.516,416.3 7.48.3 16,376.116,408.0 -332.2-332.3 106.895.2 -8,361.3-8,348.6 -8,586.7-8,585.7 NovDec d???³???L????�u½d??³???L??�¹œ 3,713.93,531.2 2,166.82,224.5 1,011.8285.9 1,655.71,490.7 7,822.38,258.2 16,416.316,642.7 62.78.3 16,408.016,580.0 -332.3-262.1 357.995.2 -8,348.6-8,417.6 -8,585.7-8,321.8 Oct 3,912.2 332.2 7,328.2 777.3 2,132.7 1,744.5 525.1 16,752.2 Dec d??³???L??�¹œ 3,531.2 2,224.5 1,011.8 1,490.7 8,258.2 16,642.7 62.7 16,580.0 -262.1 357.9 -8,417.6 -8,321.8 Nov 3,713.9 332.3 7,328.2 740.1 2,166.8 1,941.6 569.5 16,792.4 Jan 2006 d?????¹U??????M?????¹ 3,438.4 2,303.4 1,878.2 1,409.3 9,029.3 17,802.3 102.7 17,699.6 -262.1 90.7 -8,498.9 -8,670.3 Dec 3,531.2 262.1 7,682.0 739.9 2,224.5 2,502.5 311.8 17,254.0 JanFeb 2006 d?????¹U??????M?????¹d?¹«d?????³?????� 3,438.43,744.9 2,303.42,378.6 1,878.21,497.5 1,409.31,445.1 9,029.39,066.1 17,802.317,818.5 102.7155.6 17,699.617,662.9 -262.1-209.7 106.390.7 -8,498.9-8,493.4 -8,670.3-8,596.8 FebMar d?¹«d?????³?????�”—U????????????� 3,744.93,938.5 2,378.62,520.1 1,497.5902.3 1,445.11,629.0 9,066.18,989.9 17,818.517,527.2 155.683.2 17,662.917,444.0 -209.7-43.7 106.3120.1 -8,493.4-8,530.5 -8,596.8-8,454.1 Jan 2006 ô````````jÉ```````æj 3,438.4 262.1 7,682.0 776.4 2,303.4 3,287.5 398.6 18,148.4 Mar ”—U????????????� 3,938.5 2,520.1 902.3 1,629.0 8,989.9 17,527.2 83.2 17,444.0 -43.7 120.1 -8,530.5 -8,454.1 Feb 3,744.9 209.7 7,682.0 730.6 2,378.6 2,942.6 494.2 18,182.6 Apr q????????¹d???????Ð√ 3,973.3 2,609.8 881.6 1,387.0 8,857.7 18,194.5 223.3 17,971.2 -409.3 18.7 -8,728.9 -9,119.5 Mar 3,938.5 43.7 7,682.0 724.7 2,520.1 2,531.3 464.9 17,905.2 AprMay q????????¹d???????Ð√u??¹U????????????????� 3,973.34,095.9 2,609.82,782.1 881.6739.6 1,387.02,014.2 8,857.79,631.8 18,194.518,876.6 223.3186.3 17,971.218,690.3 -409.3 18.794.6 -8,728.9-8,743.8 -9,119.5-9,058.5 MayJun u??¹U????????????????�u?????????????O??½u?¹ 4,095.94,192.8 2,782.12,937.8 1,083.2739.6 2,014.22,070.7 10,284.59,631.8 18,876.619,468.9 186.39.9 18,690.319,459.0 -409.3-406.7 94.634.4 -8,743.8-8,802.2 -9,058.5-9,174.5 Apr π```````jô``````HEG 3,973.4 409.3 7,682.0 873.1 2,609.8 2,268.6 660.9 18,477.1 Jun u?????????????O??½u?¹ 4,192.8 2,937.8 1,083.2 2,070.7 10,284.5 19,468.9 9.9 19,459.0 -406.7 34.4 -8,802.2 -9,174.5 May 4,095.9 409.3 7,682.0 840.3 2,782.1 2,753.8 671.8 19,235.2 Jul u?????????????O??�u?¹ 4,066.6 2,891.9 1,065.9 2,334.6 10,359.0 19,461.0 11.2 19,449.8 -406.7 176.6 -8,860.7 -9,090.8 Jun ƒ``````«`fƒ```````j 4,192.8 406.7 7,682.0 867.1 2,937.8 3,153.9 523.2 19,763.5 JulAug u?????????????O??�u?¹fD�??ž√ 4,066.64,200.2 2,891.92,860.4 1,065.9793.3 2,334.62,373.5 10,359.010,227.4 19,461.019,436.3 11.213.7 19,449.819,422.6 -406.7 176.6145.6 -8,860.7-8,934.1 -9,090.8-9,195.2 AugSep fD�??ž√d??³?L??²?³??Ý 4,200.24,326.3 2,860.42,897.3 793.3691.2 2,373.52,223.8 10,227.410,138.6 19,436.319,382.2 13.713.4 19,422.619,368.8 -406.7 145.6103.5 -8,934.1-8,927.0 -9,195.2-9,230.2 Jul 4,066.6 406.7 7,682.0 878.6 2,891.9 3,400.5 573.2 19,899.5 Sep d??³?L??²?³??Ý 4,326.3 2,897.3 691.2 2,223.8 10,138.6 19,382.2 13.4 19,368.8 -406.7 103.5 -8,927.0 -9,230.2 Aug 4,200.2 406.7 7,682.0 897.6 2,860.4 3,166.8 631.1 19,844.8 Oct d?Ðu?????²??????�√ 4,557.3 3,090.1 598.3 1,853.9 10,099.6 19,596.3 121.3 19,475.0 -412.1 61.9 -9,025.2 -9,375.4 Sep È`ªà`````Ñ°S 4,326.3 406.7 7,682.0 838.2 2,897.3 2,915.0 680.9 19,746.4 OctNov d?Ðu?????²??????�√d???³???L????�u½ 4,557.34,637.8 3,090.13,215.3 598.3462.8 1,853.91,804.7 10,099.610,120.6 19,596.319,654.0 121.310.0 19,475.019,644.0 -412.1 103.461.9 -9,025.2-9,214.7 -9,375.4-9,523.4 NovDec d???³???L????�u½d??³???L??�¹œ 4,637.85,069.8 3,215.33,267.9 462.8399.7 1,804.71,416.4 10,120.610,153.8 19,654.019,714.8 10.020.8 19,644.019,694.0 -412.1-420.0 103.4227.1 -9,214.7-9,347.3 -9,523.4-9,540.2 Oct 4,557.3 412.1 7,682.0 885.2 3,090.1 2,452.2 846.0 19,924.9 Dec d??³???L??�¹œ 5,069.8 3,267.9 399.7 1,416.4 10,153.8 19,714.8 20.8 19,694.0 -420.0 227.1 -9,347.3 -9,540.2 Nov 4,637.8 412.1 7,682.0 1,020.7 3,215.3 2,267.5 791.6 20,027.0 Jan 2007 d?????¹U??????M?????¹ 4,832.5 3,311.6 336.4 1,734.5 10,215.0 19,770.9 122.0 19,648.9 -420.0 289.8 -9,303.7 -9,433.9 Dec 5,069.8 420.0 7,751.2 1,030.3 3,267.9 1,816.1 851.3 20,206.6 JanFeb 2007 d?????¹U??????M?????¹d?¹«d?????³?????� 4,832.54,769.4 3,311.63,309.1 336.4370.5 1,734.51,868.9 10,215.010,317.9 19,770.920,113.1 122.0339.6 19,648.919,773.5 -420.0 289.8450.5 -9,303.7-9,486.1 -9,433.9-9,455.6 FebMar d?¹«d?????³?????�”—U????????????� 4,769.44,927.6 3,309.13,320.6 370.5443.0 1,868.91,477.5 10,317.910,168.7 20,113.120,577.9 339.6746.5 19,773.519,831.4 -420.0 450.5362.9 -9,486.1-9,605.6 -9,455.6-9,662.7 Jan 2007 ô````````jÉ```````æj 4,832.5 420.0 7,751.2 930.1 3,311.6 2,070.9 1,006.6 20,322.9 Mar ”—U????????????� 4,927.6 3,320.6 443.0 1,477.5 10,168.7 20,577.9 746.5 19,831.4 -420.0 362.9 -9,605.6 -9,662.7 Feb 4,769.4 420.0 7,751.2 1,061.2 3,309.1 2,239.4 1,277.6 20,827.9 Apr q????????¹d???????Ð√ 5,088.9 3,319.0 645.5 1,540.4 10,593.8 19,989.0 65.9 19,923.1 -420.0 868.6 -9,777.9 -9,329.3 Mar 4,927.6 420.0 7,751.2 1,124.5 3,320.6 1,920.5 1,748.6 21,213.0 AprMay q????????¹d???????Ð√u??¹U????????????????� 5,088.95,264.5 3,319.03,494.3 645.5420.1 1,540.41,373.6 10,593.810,552.5 19,989.020,064.9 65.913.3 19,923.120,051.6 -420.0 868.6886.1 -9,777.9-9,965.2 -9,329.3-9,499.1 May u??¹U????????????????� 5,264.5 3,494.3 420.1 1,373.6 10,552.5 20,064.9 13.3 20,051.6 -420.0 886.1 -9,965.2 -9,499.1 Apr π```````jô``````HEG 5,088.9 422.0 7,751.2 1,245.3 3,319.0 2,185.9 1,121.4 21,133.7 May 5,264.5 422.0 8,104.8 1,126.9 3,494.3 1,793.7 1,120.2 21,326.4

Monthly Monetary Bulletin, May. 2007 16 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Monthly Monetary Bulletin, MayMay. 2007 2007 16 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, Apr. 2007 15 Qatar Central BankBank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank Table No. (11) InternationalQCB’s International Reserves Reserves with QCB In Million of QRs Table No. (11) International Reserves WO�Ëb�« UOÞUO²Šô« w�U� International Reserves with QCB UÐuKD*« …d²H�« W‡‡‡‡‡‡¹UN½ V¼c�« Èb� …b�—√ U½Ë–√Ë «bMÝ dD� W�Ëœ WBŠ ‚uIŠ lz«œË w�ULłù« UOÞUO²Šô« In Million of QRs ‚ËbM� Èb� WO³Mł_« WO³Mł_« „uM³�« WO³Mł√ WM¹eš W�U)« V×��« WO�Ëb�« International Reserves WO�Ëb�« UOÞUO²Šô« End of Period w�Ëb�« bIM�« Foreign w�U� Gold Balances with Foreign SDR Total UÐuKD*« Net International …d²H�« W‡‡‡‡‡‡¹UN½ V¼c�« Èb� …b�—√ U½Ë–√Ë «bMÝ dD�IMF W�Ëœ Reserve WBŠ ‚uIŠ lz«œË w�ULłù« UOÞUO²Šô« Liabilities Foreign Banks Securities ‚ËbM�Position Èb� Holding WO³Mł_« Reserves WO³Mł_« „uM³�« WO³Mł√ WM¹eš W�U)« V×��« WO�Ëb�« End of Period w�Ëb�« bIM�« Foreign Gold Balances with Foreign SDR Total Net International May u??¹U????????????????� 99.9 2,573.0 12,899.9 IMF339.7 Reserve 136.2 16,048.7 7.3 16,041.4 Liabilities Jun u?????????????O??½u?¹ 30.4 Foreign2,163.8 Banks Securities13,356.0 Position333.8 Holding133.8 16,017.8 9.4 16,008.4Reserves

JulMay u?????????????O??�u?¹u??¹U????????????????� 29.999.9 2,307.52,573.0 13,579.912,899.9 331.7339.7 132.9136.2 16,381.916,048.7 8.17.3 16,373.816,041.4 AugJun fD�??ž√u?????????????O??½u?¹ 30.030.4 1,811.62,163.8 14,024.513,356.0 333.9333.8 136.5133.8 16,336.516,017.8 11.19.4 16,325.416,008.4 Sep d??³?L??²?³??Ý 32.8 1,660.4 14,284.9 321.0 135.5 16,434.6 189.4 16,245.2 Jul u?????????????O??�u?¹ 29.9 2,307.5 13,579.9 331.7 132.9 16,381.9 8.1 16,373.8 OctAug d?Ðu?????²??????�√fD�??ž√ 32.930.0 1,942.71,811.6 13,952.614,024.5 320.2333.9 135.1136.5 16,383.516,336.5 11.17.4 16,376.116,325.4 NovSep d???³???L????�u½d??³?L??²?³??Ý 34.732.8 1,867.41,660.4 14,062.514,284.9 315.9321.0 135.8135.5 16,416.316,434.6 189.48.3 16,408.016,245.2 Dec d??³???L??�¹œ 36.0 2,169.1 14,121.2 180.3 136.1 16,642.7 62.7 16,580.0 Oct d?Ðu?????²??????�√ 32.9 1,942.7 13,952.6 320.2 135.1 16,383.5 7.4 16,376.1 JanNov 2006 d?????¹U??????M?????¹d???³???L????�u½ 39.534.7 3,297.31,867.4 14,157.714,062.5 170.2315.9 137.6135.8 17,802.316,416.3 102.78.3 17,699.616,408.0 FebDec d?¹«d?????³?????�d??³???L??�¹œ 38.636.0 2,410.02,169.1 15,062.114,121.2 169.0180.3 138.8136.1 17,818.516,642.7 155.662.7 17,662.916,580.0 Mar ”—U????????????� 40.6 2,401.3 14,786.5 159.4 139.4 17,527.2 83.2 17,444.0 Jan 2006 d?????¹U??????M?????¹ 39.5 3,297.3 14,157.7 170.2 137.6 17,802.3 102.7 17,699.6 AprFeb q????????¹d???????Ð√d?¹«d?????³?????� 45.438.6 2,751.32,410.0 15,092.815,062.1 162.7169.0 142.3138.8 18,194.517,818.5 223.3155.6 17,971.217,662.9 MayMar u??¹U????????????????�”—U????????????� 45.440.6 3,578.12,401.3 14,947.214,786.5 159.7159.4 146.2139.4 18,876.617,527.2 186.383.2 18,690.317,444.0 Jun u?????????????O??½u?¹ 42.6 3,523.2 15,600.3 158.1 144.7 19,468.9 9.9 19,459.0 Apr q????????¹d???????Ð√ 45.4 2,751.3 15,092.8 162.7 142.3 18,194.5 223.3 17,971.2 JulMay u?????????????O??�u?¹u??¹U????????????????� 44.245.4 3,392.83,578.1 15,720.214,947.2 158.6159.7 145.2146.2 19,461.018,876.6 186.311.2 19,449.818,690.3 AugJun fD�??ž√u?????????????O??½u?¹ 43.042.6 3,356.23,523.2 15,730.515,600.3 159.1158.1 147.5144.7 19,436.319,468.9 13.79.9 19,422.619,459.0 Sep d??³?L??²?³??Ý 41.6 3,791.6 15,244.9 157.8 146.3 19,382.2 13.4 19,368.8 Jul u?????????????O??�u?¹ 44.2 3,392.8 15,720.2 158.6 145.2 19,461.0 11.2 19,449.8 OctAug d?Ðu?????²??????�√fD�??ž√ 42.043.0 3,489.23,356.2 15,771.115,730.5 147.4159.1 146.6147.5 19,596.319,436.3 121.313.7 19,475.019,422.6 NovSep d???³???L????�u½d??³?L??²?³??Ý 44.241.6 3,839.33,791.6 15,469.015,244.9 150.2157.8 151.3146.3 19,654.019,382.2 10.013.4 19,644.019,368.8 Dec d??³???L??�¹œ 44.3 3,645.3 15,745.9 128.3 151.0 19,714.8 20.8 19,694.0 Oct d?Ðu?????²??????�√ 42.0 3,489.2 15,771.1 147.4 146.6 19,596.3 121.3 19,475.0 JanNov 2007 d?????¹U??????M?????¹d???³???L????�u½ 158.144.2 3,828.83,839.3 15,510.615,469.0 123.8150.2 149.6151.3 19,770.919,654.0 122.010.0 19,648.919,644.0 FebDec d?¹«d?????³?????�d??³???L??�¹œ 240.044.3 3,946.73,645.3 15,648.515,745.9 125.0128.3 152.9151.0 20,113.119,714.8 339.620.8 19,773.519,694.0 Mar ”—U????????????� 648.4 4,429.8 15,220.7 125.5 153.5 20,577.9 746.5 19,831.4 Jan 2007 d?????¹U??????M?????¹ 158.1 3,828.8 15,510.6 123.8 149.6 19,770.9 122.0 19,648.9 AprFeb q????????¹d???????Ð√d?¹«d?????³?????� 702.8240.0 3,846.13,946.7 15,174.815,648.5 110.2125.0 155.1152.9 19,989.020,113.1 339.665.9 19,923.119,773.5 MayMar u??¹U????????????????�”—U????????????� 912.0648.4 3,633.04,429.8 15,255.215,220.7 109.2125.5 155.5153.5 20,064.920,577.9 746.513.3 20,051.619,831.4

Apr q????????¹d???????Ð√ 702.8 3,846.1 15,174.8 110.2 155.1 19,989.0 65.9 19,923.1 May u??¹U????????????????� 912.0 3,633.0 15,255.2 109.2 155.5 20,064.9 13.3 20,051.6

Monthly Monetary Bulletin, May. 2007 17 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, MayMay. 2007 2007 17 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar CentralCentral BankBank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (12) Commercial Banks Assets In Million of QRs Table No. (12) , Commercial BanksReserves Assets UOÞUO²Šô« Foreign Assets WO³Mł_« «œu‡‡łu*« Domestic Assets WOK;« «œułu*« In Million of QRs …d²H�« W‡‡‡‡‡‡¹UN½ ŸuL−� Table No. (11) Reserves UOÞUO²Šô« Foreign Assets WO³Mł_« «œu‡‡łu*« Domestic Assets WOK;« «œułu*« «œułu*« International Reserves with QCB End of Period «—U‡‡‡‡‡‡‡‡‡‡‡L¦²Ýô« In Million of QRs Total

Cash …d²H�« W‡‡‡‡‡‡¹UN½ b‡‡‡‡IM�« ŸuL−� Èdš√ «œułu� Cash in QR Other Assets Fixed Assets Fixed Assets W²ÐUŁ «œułu� W²ÐUŁ «œułu�

Due from QCB Assets International Reserves Domestic Credit w‡‡‡‡‡K;« ÊU‡‡‡‡L²zô« «œułu*« WO�Ëb�« UOÞUO²Šô«

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d‡‡‡‡‡‡‡D� Ã—U‡‡‡‡‡‡š ÊU‡‡‡‡‡‡‡‡L²z« UÐuKD*« Credit Outside Qatar Domestic Investments End of Period W‡‡‡‡‡‡‡‡‡‡‡OK;« Íe�d*« dD� ·dB� Íb� …b�—√ Ã—U‡)« w� „u‡M³�« Èb‡� …b�—√ Due from Banks Abroad «—U‡‡‡‡‡‡‡‡‡‡‡L¦²Ýô« d‡‡D� w‡‡‡� „u‡M³�« Èb‡‡� …b‡‡�—√ Due from Banks in Qatar …d²H�« W‡‡‡‡‡‡¹UN½

Total dD� W�Ëœ WBŠ Cash b‡‡‡‡IM�« V¼c�« Èb� …b�—√ U½Ë–√Ë «bMÝ ‚uIŠ lz«œË w�ULłù« UOÞUO²Šô« WO³Mł_« Èdš√ «œułu� Cash in QR Other Assets Fixed Assets Fixed Assets W²ÐUŁ «œułu� W²ÐUŁ «œułu� ‚ËbM� Èb�

Due from QCB Assets Domestic Credit w‡‡‡‡‡K;« ÊU‡‡‡‡L²zô« WO³Mł_« „uM³�« WO³Mł√ WM¹eš W�U)« V×��« WO�Ëb�« May 605.0ÍdDI�« ‰U¹d�UÐ bIM�« 4,236.2 68.0 21,149.8 1,641.4 7,611.1 19.5 1,794.5 56,009.4 11,939.7 778.9 1,578.0 107,431.5 End of Period u??¹U????????????????� Ã—U‡‡‡‡‡)« w� «—U‡L¦²Ýô« Investments Abroad w�Ëb�« bIM�« d‡‡‡‡‡‡‡D� Ã—U‡‡‡‡‡‡š ÊU‡‡‡‡‡‡‡‡L²z« Foreign Credit Outside Qatar Domestic Investments W‡‡‡‡‡‡‡‡‡‡‡OK;« Íe�d*« dD� ·dB� Íb� …b�—√ Ã—U‡)« w� „u‡M³�« Èb‡� …b�—√ Due from Banks Abroad Gold Balances with Foreign SDR Total Net International d‡‡D� w‡‡‡� „u‡M³�« Èb‡‡� …b‡‡�—√ Jun u?????????????O??½u?¹ 644.4 4,344.8 59.9 22,597.0 1,733.6 8,029.7 19.5 1,911.2Due from Banks in Qatar 57,457.5 10,793.9 780.1 1,864.5 110,236.1 IMF Reserve Liabilities Foreign Banks Securities Position Holding Reserves JulMay u?????????????O??�u?¹u??¹U????????????????� 656.3605.0 4,286.54,236.2 53.568.0 20,802.621,149.8 2,054.21,641.4 9,266.97,611.1 19.5 1,605.81,794.5 56,498.556,009.4 10,682.511,939.7 786.4778.9 1,577.51,578.0 108,290.2107,431.5 AugJun fD�??ž√u?????????????O??½u?¹ 674.9644.4 4,473.44,344.8 59.759.9 21,355.022,597.0 2,143.21,733.6 9,257.28,029.7 19.5 1,403.01,911.2 59,029.857,457.5 10,540.410,793.9 730.6780.1 1,689.31,864.5 111,376.0110,236.1 May u??¹U????????????????� 99.9 2,573.0 12,899.9 339.7 136.2 16,048.7 7.3 16,041.4 Sep d??³?L??²?³??Ý 725.2 4,049.3 65.5 24,482.4 2,096.0 9,232.7 19.5 1,939.0 60,783.3 11,469.4 793.3 1,696.3 117,351.9 Jun u?????????????O??½u?¹ 30.4 2,163.8 13,356.0 333.8 133.8 16,017.8 9.4 16,008.4 Jul u?????????????O??�u?¹ 656.3 4,286.5 53.5 20,802.6 2,054.2 9,266.9 19.5 1,605.8 56,498.5 10,682.5 786.4 1,577.5 108,290.2 OctAug d?Ðu?????²??????�√fD�??ž√ 732.1674.9 3,842.14,473.4 84.059.7 23,755.621,355.0 2,327.22,143.2 9,312.69,257.2 19.5 1,560.61,403.0 60,682.059,029.8 11,353.910,540.4 785.0730.6 1,864.21,689.3 116,318.8111,376.0 Jul u?????????????O??�u?¹ 29.9 2,307.5 13,579.9 331.7 132.9 16,381.9 8.1 16,373.8 NovSep d???³???L????�u½d??³?L??²?³??Ý 705.6725.2 4,021.14,049.3 62.665.5 26,089.324,482.4 2,409.22,096.0 9,465.99,232.7 19.50.0 1,816.81,939.0 62,240.460,783.3 11,273.411,469.4 785.8793.3 2,203.71,696.3 121,075.8117,351.9 Aug fD�??ž√ 30.0 1,811.6 14,024.5 333.9 136.5 16,336.5 11.1 16,325.4 Dec d??³???L??�¹œ 665.4 4,516.1 82.4 29,363.6 2,367.5 9,834.0 0.0 2,673.4 67,366.3 10,834.2 803.3 1,794.4 130,300.6 Sep d??³?L??²?³??Ý 32.8 1,660.4 14,284.9 321.0 135.5 16,434.6 189.4 16,245.2 Oct d?Ðu?????²??????�√ 732.1 3,842.1 84.0 23,755.6 2,327.2 9,312.6 19.5 1,560.6 60,682.0 11,353.9 785.0 1,864.2 116,318.8 JanNov 2006 d?????¹U??????M?????¹d???³???L????�u½ 724.4705.6 5,543.34,021.1 109.162.6 31,787.326,089.3 2,530.32,409.2 10,029.79,465.9 0.0 1,883.51,816.8 71,295.962,240.4 10,839.911,273.4 835.5785.8 1,802.32,203.7 137,381.2121,075.8 Oct d?Ðu?????²??????�√ 32.9 1,942.7 13,952.6 320.2 135.1 16,383.5 7.4 16,376.1 FebDec d?¹«d?????³?????�d??³???L??�¹œ 738.8665.4 5,283.34,516.1 83.882.4 34,638.629,363.6 2,720.02,367.5 10,262.39,834.0 0.0 2,290.22,673.4 68,230.967,366.3 10,851.010,834.2 873.2803.3 1,925.11,794.4 137,897.2130,300.6 Nov d???³???L????�u½ 34.7 1,867.4 14,062.5 315.9 135.8 16,416.3 8.3 16,408.0 Mar ”—U????????????� 780.8 5,006.4 75.5 35,963.7 3,244.6 10,104.3 0.0 3,368.4 71,127.5 9,488.4 869.3 1,976.7 142,005.6 Dec d??³???L??�¹œ 36.0 2,169.1 14,121.2 180.3 136.1 16,642.7 62.7 16,580.0 Jan 2006 d?????¹U??????M?????¹ 724.4 5,543.3 109.1 31,787.3 2,530.3 10,029.7 0.0 1,883.5 71,295.9 10,839.9 835.5 1,802.3 137,381.2 AprFeb q????????¹d???????Ð√d?¹«d?????³?????� 816.0738.8 4,948.85,283.3 86.683.8 39,466.734,638.6 3,999.42,720.0 10,277.310,262.3 0.0 1,645.92,290.2 77,954.368,230.9 10,851.09,567.4 882.9873.2 2,192.01,925.1 151,837.3137,897.2 Jan 2006 d?????¹U??????M?????¹ 39.5 3,297.3 14,157.7 170.2 137.6 17,802.3 102.7 17,699.6 MayMar u??¹U????????????????�”—U????????????� 797.9780.8 5,532.35,006.4 79.875.5 36,459.835,963.7 4,345.23,244.6 11,783.310,104.3 0.0 2,330.63,368.4 76,855.071,127.5 9,668.59,488.4 908.4869.3 2,330.71,976.7 151,091.5142,005.6 Feb d?¹«d?????³?????� 38.6 2,410.0 15,062.1 169.0 138.8 17,818.5 155.6 17,662.9 Jun u?????????????O??½u?¹ 837.4 5,999.0 96.1 34,326.1 5,909.3 11,348.0 0.0 2,373.0 76,462.3 10,678.9 952.1 2,709.0 151,691.2 Mar ”—U????????????� 40.6 2,401.3 14,786.5 159.4 139.4 17,527.2 83.2 17,444.0 Apr q????????¹d???????Ð√ 816.0 4,948.8 86.6 39,466.7 3,999.4 10,277.3 0.0 1,645.9 77,954.3 9,567.4 882.9 2,192.0 151,837.3 JulMay u?????????????O??�u?¹u??¹U????????????????� 834.3797.9 6,149.55,532.3 78.679.8 31,433.036,459.8 6,456.54,345.2 11,856.411,783.3 0.0 1,693.52,330.6 77,462.576,855.0 10,992.59,668.5 1,081.1908.4 2,551.42,330.7 150,589.3151,091.5 Apr q????????¹d???????Ð√ 45.4 2,751.3 15,092.8 162.7 142.3 18,194.5 223.3 17,971.2 AugJun fD�??ž√u?????????????O??½u?¹ 854.0837.4 5,985.15,999.0 86.196.1 34,801.034,326.1 5,929.15,909.3 11,918.511,348.0 0.0 3,537.92,373.0 79,270.876,462.3 10,961.410,678.9 1,100.2952.1 2,473.22,709.0 156,917.3151,691.2 May u??¹U????????????????� 45.4 3,578.1 14,947.2 159.7 146.2 18,876.6 186.3 18,690.3 Sep d??³?L??²?³??Ý 850.0 5,647.5 106.2 43,243.2 5,829.9 12,506.4 0.0 3,496.2 82,926.4 10,776.5 1,114.5 2,545.0 169,041.8 Jun u?????????????O??½u?¹ 42.6 3,523.2 15,600.3 158.1 144.7 19,468.9 9.9 19,459.0 Jul u?????????????O??�u?¹ 834.3 6,149.5 78.6 31,433.0 6,456.5 11,856.4 0.0 1,693.5 77,462.5 10,992.5 1,081.1 2,551.4 150,589.3 OctAug d?Ðu?????²??????�√fD�??ž√ 927.4854.0 5,357.75,985.1 106.686.1 43,505.434,801.0 6,529.45,929.1 12,351.511,918.5 0.0 6,761.63,537.9 86,262.379,270.8 11,434.310,961.4 1,136.91,100.2 3,461.52,473.2 177,834.6156,917.3 Jul u?????????????O??�u?¹ 44.2 3,392.8 15,720.2 158.6 145.2 19,461.0 11.2 19,449.8 NovSep d???³???L????�u½d??³?L??²?³??Ý 1,020.0850.0 5,197.15,647.5 115.5106.2 45,382.343,243.2 6,690.75,829.9 12,483.312,506.4 0.0 6,609.03,496.2 89,876.982,926.4 11,419.310,776.5 1,167.01,114.5 2,629.22,545.0 182,590.3169,041.8 Aug fD�??ž√ 43.0 3,356.2 15,730.5 159.1 147.5 19,436.3 13.7 19,422.6 Dec d??³???L??�¹œ 1,110.9 5,029.2 132.2 45,163.5 7,774.8 13,240.0 0.0 7,205.2 94,773.1 11,450.6 1,221.2 2,381.3 189,482.0 Sep d??³?L??²?³??Ý 41.6 3,791.6 15,244.9 157.8 146.3 19,382.2 13.4 19,368.8 Oct d?Ðu?????²??????�√ 927.4 5,357.7 106.6 43,505.4 6,529.4 12,351.5 0.0 6,761.6 86,262.3 11,434.3 1,136.9 3,461.5 177,834.6 JanNov 2007 d?????¹U??????M?????¹d???³???L????�u½ 1,020.0978.8 5,501.35,197.1 104.6115.5 42,875.545,382.3 7,039.06,690.7 13,686.212,483.3 0.0 6,900.46,609.0 95,276.889,876.9 11,637.911,419.3 1,225.11,167.0 2,901.42,629.2 188,127.0182,590.3 Oct d?Ðu?????²??????�√ 42.0 3,489.2 15,771.1 147.4 146.6 19,596.3 121.3 19,475.0 FebDec d?¹«d?????³?????�d??³???L??�¹œ 1,110.9976.9 5,425.95,029.2 132.295.2 41,828.445,163.5 6,669.77,774.8 14,053.913,240.0 0.0 6,455.57,205.2 97,902.494,773.1 11,862.411,450.6 1,237.61,221.2 3,127.92,381.3 189,635.8189,482.0 Nov d???³???L????�u½ 44.2 3,839.3 15,469.0 150.2 151.3 19,654.0 10.0 19,644.0 Mar ”—U????????????� 962.4 5,257.2 94.8 33,129.3 7,254.8 14,392.3 0.0 10,498.8 102,986.9 11,699.5 1,281.0 3,037.1 190,594.1 Dec d??³???L??�¹œ 44.3 3,645.3 15,745.9 128.3 151.0 19,714.8 20.8 19,694.0 Jan 2007 d?????¹U??????M?????¹ 978.8 5,501.3 104.6 42,875.5 7,039.0 13,686.2 0.0 6,900.4 95,276.8 11,637.9 1,225.1 2,901.4 188,127.0 AprFeb q????????¹d???????Ð√d?¹«d?????³?????� 1,042.2976.9 5,316.85,425.9 104.995.2 39,944.941,828.4 7,764.66,669.7 14,521.314,053.9 0.0 8,685.96,455.5 110,936.897,902.4 12,064.511,862.4 1,393.31,237.6 2,911.83,127.9 204,687.0189,635.8 Jan 2007 d?????¹U??????M?????¹ 158.1 3,828.8 15,510.6 123.8 149.6 19,770.9 122.0 19,648.9 MayMar u??¹U????????????????�”—U????????????� 1,046.5962.4 5,152.55,257.2 87.094.8 36,869.233,129.3 9,190.17,254.8 14,690.714,392.3 0.0 10,498.87,141.7 116,481.0102,986.9 11,796.611,699.5 1,446.01,281.0 3,266.63,037.1 207,167.9190,594.1 Feb d?¹«d?????³?????� 240.0 3,946.7 15,648.5 125.0 152.9 20,113.1 339.6 19,773.5 Mar ”—U????????????� 648.4 4,429.8 15,220.7 125.5 153.5 20,577.9 746.5 19,831.4 Apr q????????¹d???????Ð√ 1,042.2 5,316.8 104.9 39,944.9 7,764.6 14,521.3 0.0 8,685.9 110,936.8 12,064.5 1,393.3 2,911.8 204,687.0 May u??¹U????????????????� 1,046.5 5,152.5 87.0 36,869.2 9,190.1 14,690.7 0.0 7,141.7 116,481.0 11,796.6 1,446.0 3,266.6 207,167.9 Apr q????????¹d???????Ð√ 702.8 3,846.1 15,174.8 110.2 155.1 19,989.0 65.9 19,923.1 May u??¹U????????????????� 912.0 3,633.0 15,255.2 109.2 155.5 20,064.9 13.3 20,051.6

Monthly Monetary Bulletin, MayMay. 20072007 18 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 17 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, May. 2007 18 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (13) CommercialTable No. (13) Banks, Liabilities CommercialIn Million of QRs Banks Liabilities In Million of QRs WO³Mł_« UÐuKD*« W‡‡‡‡OK;« U‡‡‡‡‡ÐuKD*« ŸuL−� UÐU�Š ForeignWO³Mł_« Liabilities UÐuKD*« DomesticW‡‡‡‡OK;« U‡‡‡‡‡ÐuKD*« Liabilities ŸuL−� UÐU�Š …d²H�« W‡‡‡‡‡‡¹UN½ UÐuKD*« UN� Foreign Liabilities Domestic Liabilities …d²H�« W‡‡‡‡‡‡¹UN½ dOž lz«œË „uM³K� …b�—√ WO�U� ‚«—Ë√ 5LOI*« lz«œË „uM³K� …b�—√ ·dB� …b�—√ UMO�Qð UÐU�Š UBB�� UÐuKD� UÐuKD*« UN� qÐUI� End of Period dOž5LOIO*« lz«œË „uM³K�Ã—U)« …b�—√ w� WO�U�WM¹b� ‚«—Ë√ 5LOI*« lz«œË „uM³K�dD� …b�—√w� ·dB�Íe�d*« …b�—√ dD� UMO�Qð ‰U*« UÐU�Š ”√— UBB�� UÐuKD�Èdš√ Total ContraqÐUI� End of Period Non5LOIO*« Resident DueÃ—U)« to Banks w� WM¹b�Debt Resident DuedD� to Banksw� Íe�d*«Due dD�to Margins Capital‰U*« ”√— Provisions OtherÈdš√ Total Contra NonDeposits Resident DueAbroad to Banks SecuritiesDebt DepositsResident Duein toQatar Banks DueQCB to Margins AccountsCapital Provisions LiabilitiesOther Liabilities Accounts Deposits Abroad Securities Deposits in Qatar QCB Accounts Liabilities Liabilities Accounts May u??¹U????????????????� 686.7 7,312.6 - 70,104.4 2,035.4 128.9 340.8 12,318.4 3,404.8 11,099.5 107,431.5 55,539.8 JunMay u?????????????O??½u?¹u??¹U????????????????� 600.4686.7 9,296.47,312.6 - 71,854.070,104.4 2,024.72,035.4 590.0128.9 369.3340.8 12,310.312,318.4 3,135.73,404.8 10,055.311,099.5 110,236.1107,431.5 59,918.855,539.8 Jun u?????????????O??½u?¹ 600.4 9,296.4 - 71,854.0 2,024.7 590.0 369.3 12,310.3 3,135.7 10,055.3 110,236.1 59,918.8 Jul u?????????????O??�u?¹ 648.7 8,119.7 - 71,701.9 1,718.1 10.8 370.5 12,318.4 3,105.4 10,296.7 108,290.2 60,405.5 AugJul fD�??ž√u?????????????O??�u?¹ 640.8648.7 8,608.28,119.7 - 74,226.671,701.9 1,469.61,718.1 86.310.8 392.5370.5 12,313.112,318.4 3,085.33,105.4 10,553.610,296.7 111,376.0108,290.2 61,992.660,405.5 SepAug d??³?L??²?³??ÝfD�??ž√ 1,127.5640.8 9,443.98,608.2 - 76,478.874,226.6 1,991.41,469.6 206.386.3 375.5392.5 12,313.1 3,027.13,085.3 12,388.310,553.6 117,351.9111,376.0 62,065.061,992.6 Sep d??³?L??²?³??Ý 1,127.5 9,443.9 - 76,478.8 1,991.4 206.3 375.5 12,313.1 3,027.1 12,388.3 117,351.9 62,065.0 Oct d?Ðu?????²??????�√ 772.0 9,637.0 - 76,382.0 1,303.8 117.2 370.9 12,313.0 3,057.8 12,365.1 116,318.8 63,683.4 NovOct d???³???L????�u½d?Ðu?????²??????�√ 775.8772.0 9,335.29,637.0 - 79,659.676,382.0 2,052.11,303.8 148.8117.2 370.7370.9 12,310.112,313.0 3,056.43,057.8 13,365.112,365.1 121,073.8116,318.8 64,930.063,683.4 DecNov d??³???L??�¹œd???³???L????�u½ 769.1775.8 9,638.19,335.2 - 84,630.879,659.6 2,589.62,052.1 423.2148.8 396.6370.7 14,553.112,310.1 3,115.13,056.4 14,185.013,365.1 130,300.6121,073.8 66,121.764,930.0 Dec d??³???L??�¹œ 769.1 9,638.1 - 84,630.8 2,589.6 423.2 396.6 14,553.1 3,115.1 14,185.0 130,300.6 66,121.7 Jan 2006 d?????¹U??????M?????¹ 731.9 11,443.7 - 84,116.4 1,965.7 99.5 390.1 14,285.5 3,112.2 21,236.2 137,381.2 70,154.1 2006 FebJan d?¹«d?????³?????�d?????¹U??????M?????¹ 1,059.2731.9 11,443.79,592.3 - 90,047.284,116.4 1,897.51,965.7 303.899.5 396.6390.1 15,151.614,285.5 3,114.03,112.2 16,335.021,236.2 137,897.2137,381.2 72,456.070,154.1 MarFeb ”—U????????????�d?¹«d?????³?????� 1,114.51,059.2 15,319.79,592.3 - 93,107.990,047.2 2,138.51,897.5 205.7303.8 384.9396.6 17,299.215,151.6 3,036.93,114.0 16,335.09,398.3 142,005.6137,897.2 75,046.972,456.0 Mar ”—U????????????� 1,114.5 15,319.7 - 93,107.9 2,138.5 205.7 384.9 17,299.2 3,036.9 9,398.3 142,005.6 75,046.9 Apr q????????¹d???????Ð√ 1,319.7 13,299.4 - 103,932.9 1,579.0 165.8 425.7 17,634.6 2,843.4 10,636.8 151,837.3 76,057.5 MayApr u??¹U????????????????�q????????¹d???????Ð√ 1,095.81,319.7 10,814.613,299.4 - 105,573.0103,932.9 2,167.01,579.0 188.4165.8 433.7425.7 18,095.417,634.6 2,734.22,843.4 10,636.89,989.4 151,091.5151,837.3 80,046.276,057.5 JunMay u?????????????O??½u?¹u??¹U????????????????� 1,431.01,095.8 12,212.410,814.6 - 103,938.2105,573.0 2,375.12,167.0 170.3188.4 410.3433.7 18,051.918,095.4 2,671.22,734.2 10,430.89,989.4 151,691.2151,091.5 85,068.580,046.2 Jun u?????????????O??½u?¹ 1,431.0 12,212.4 - 103,938.2 2,375.1 170.3 410.3 18,051.9 2,671.2 10,430.8 151,691.2 85,068.5 Jul u?????????????O??�u?¹ 412.1 13,898.6 - 102,105.7 1,612.6 105.1 448.3 18,040.7 2,575.3 11,390.9 150,589.3 94,037.7 AugJul fD�??ž√u?????????????O??�u?¹ 1,000.5412.1 16,393.513,898.6 - 102,345.4102,105.7 3,333.21,612.6 160.5105.1 448.4448.3 19,433.018,040.7 2,571.92,575.3 11,230.911,390.9 156,917.3150,589.3 94,761.194,037.7 SepAug d??³?L??²?³??ÝfD�??ž√ 1,777.61,000.5 17,619.516,393.5 - 112,157.2102,345.4 3,338.53,333.2 160.554.8 479.7448.4 19,383.019,433.0 2,674.52,571.9 11,557.011,230.9 169,041.8156,917.3 92,659.994,761.1 Sep d??³?L??²?³??Ý 1,777.6 17,619.5 - 112,157.2 3,338.5 54.8 479.7 19,383.0 2,674.5 11,557.0 169,041.8 92,659.9 Oct d?Ðu?????²??????�√ 1,317.9 15,638.5 1,820.0 113,379.4 5,917.0 514.5 465.8 23,335.2 2,692.8 12,753.5 177,834.6 359,321.5 NovOct d???³???L????�u½d?Ðu?????²??????�√ 1,112.21,317.9 15,971.815,638.5 1,820.0 117,593.3113,379.4 6,533.95,917.0 158.6514.5 452.5465.8 23,337.323,335.2 2,727.22,692.8 12,883.512,753.5 182,590.3177,834.6 359,321.595,895.5 DecNov d??³???L??�¹œd???³???L????�u½ 1,154.61,112.2 20,541.315,971.8 3,058.11,820.0 119,304.4117,593.3 4,982.46,533.9 297.6158.6 453.6452.5 23,310.923,337.3 2,919.32,727.2 13,459.812,883.5 189,482.0182,590.3 98,489.695,895.5 Dec d??³???L??�¹œ 1,154.6 20,541.3 3,058.1 119,304.4 4,982.4 297.6 453.6 23,310.9 2,919.3 13,459.8 189,482.0 98,489.6 Jan 2007 d?????¹U??????M?????¹ 1,107.7 16,854.5 3,058.1 119,969.4 4,953.5 395.0 437.9 23,981.6 2,951.2 14,418.1 188,127.0 102,079.2 2007 FebJan d?¹«d?????³?????�d?????¹U??????M?????¹ 1,721.31,107.7 13,121.116,854.5 3,058.1 122,486.5119,969.4 7,147.74,953.5 608.4395.0 445.2437.9 26,089.423,981.6 2,879.12,951.2 12,079.014,418.1 189,635.8188,127.0 112,369.5102,079.2 MarFeb ”—U????????????�d?¹«d?????³?????� 2,246.61,721.3 16,779.713,121.1 3,058.1 117,548.1122,486.5 9,873.97,147.7 357.3608.4 403.8445.2 26,428.326,089.4 3,073.72,879.1 10,824.612,079.0 190,594.1189,635.8 117,183.6112,369.5 Mar ”—U????????????� 2,246.6 16,779.7 3,058.1 117,548.1 9,873.9 357.3 403.8 26,428.3 3,073.7 10,824.6 190,594.1 117,183.6 Apr q????????¹d???????Ð√ 2,622.7 24,571.6 3,058.1 122,732.5 9,345.1 764.4 434.8 26,492.7 2,919.4 11,745.7 204,687.0 123,032.4 MayApr u??¹U????????????????�q????????¹d???????Ð√ 2,586.32,622.7 25,816.724,571.6 3,058.1 125,573.8122,732.5 7,568.59,345.1 1,022.0764.4 456.7434.8 26,489.026,492.7 2,931.92,919.4 11,664.911,745.7 207,167.9204,687.0 126,093.5123,032.4 May u??¹U????????????????� 2,586.3 25,816.7 3,058.1 125,573.8 7,568.5 1,022.0 456.7 26,489.0 2,931.9 11,664.9 207,167.9 126,093.5

Monthly Monetary Bulletin, MayMay. 20072007 19 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank Monthly Monetary Bulletin, May. 2007 19 ≤∞∞∑ u‡‡¹U�ÍeÖd‡‡‡‡‡*« ¨W‡¹dNA�« d‡‡‡‡‡‡D� W‡¹bIM�« ·d‡‡‡‡‡‡B� …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (13) Table No. (14) Commercial Banks Liabilities Deposits of Commercial Banks In Million of QRs

In Million of QRs WO³Mł_« UÐuKD*« W‡‡‡‡OK;« U‡‡‡‡‡ÐuKD*« ŸuL−� UÐU�Š Foreign Liabilities Domestic Liabilities Private Sector Deposits ’U)« ŸUDI�« lz«œË Public Sector Deposits ÂUF�« ŸUDI�« lz«œË dOž lz«œË ŸuL:« …d²H�« W‡‡‡‡‡‡¹UN½ UÐuKD*« UN� dOž lz«œË „uM³K� …b�—√ WO�U� ‚«—Ë√ 5LOI*« lz«œË „uM³K� …b�—√ ·dB� …b�—√ UMO�Qð UÐU�Š UBB�� UÐuKD� 5LOI*« wK~�« ÍdDI�« ‰U¹d�UÐ WO³Mł_« öLF�UÐ ÍdDI�« ‰U¹d�UÐ WO³Mł_« öLF�UÐ qÐUI� …d²H�« W¹UN½ End of Period 5LOIO*« Ã—U)« w� WM¹b� dD� w� Íe�d*« dD� ‰U*« ”√— Èdš√ In Qatari Riyal In Foreign Currencies In Qatari Riyal In Foreign Currencies Non Resident Due to Banks Debt Resident Due to Banks Due to Margins Capital Provisions Other Total Contra End of Period Non Grand Deposits Abroad Securities Deposits in Qatar QCB Accounts Liabilities Liabilities Accounts VKD�« X% qł_Ë dO�uð VKD�« X% qł_Ë dO�uð ŸuL:« VKD�« X% qł_Ë dO�uð VKD�« X% qł_Ë dO�uð ŸuL:« Resident Total Demand Time & Demand Time & Total Demand Time & Demand Time & Total May u??¹U????????????????� 686.7 7,312.6 - 70,104.4 2,035.4 128.9 340.8 12,318.4 3,404.8 11,099.5 107,431.5 55,539.8 Deposits Saving Deposits Saving Deposits Saving Deposits Saving Deposits Jun u?????????????O??½u?¹ 600.4 9,296.4 - 71,854.0 2,024.7 590.0 369.3 12,310.3 3,135.7 10,055.3 110,236.1 59,918.8 May u??¹U????????????????� 17,313.0 19,278.9 3,233.0 6,392.3 46,217.2 5,037.9 8,410.6 5,114.6 5,324.1 23,887.2 686.7 70,791.1 Jul u?????????????O??�u?¹ 648.7 8,119.7 - 71,701.9 1,718.1 10.8 370.5 12,318.4 3,105.4 10,296.7 108,290.2 60,405.5 Jun u?????????????O??½u?¹ 16,990.5 20,436.1 3,301.3 6,872.1 47,600.0 4,789.0 8,478.9 4,167.0 6,819.0 24,253.9 600.4 72,454.3 Aug fD�??ž√ 640.8 8,608.2 - 74,226.6 1,469.6 86.3 392.5 12,313.1 3,085.3 10,553.6 111,376.0 61,992.6 Jul u?????????????O??�u?¹ 15,903.9 21,704.1 2,908.3 7,165.8 47,682.1 5,118.1 8,364.4 3,134.0 7,403.3 24,019.8 648.7 72,350.6 Sep d??³?L??²?³??Ý 1,127.5 9,443.9 - 76,478.8 1,991.4 206.3 375.5 12,313.1 3,027.1 12,388.3 117,351.9 62,065.0 Aug fD�??ž√ 15,786.3 22,331.2 3,002.8 7,161.6 48,281.9 4,844.0 8,129.4 5,267.5 7,703.8 25,944.7 640.8 74,867.4 Oct d?Ðu?????²??????�√ 772.0 9,637.0 - 76,382.0 1,303.8 117.2 370.9 12,313.0 3,057.8 12,365.1 116,318.8 63,683.4 Sep d??³?L??²?³??Ý 15,262.0 22,423.8 3,439.9 6,725.4 47,851.1 5,045.3 8,079.2 5,818.2 9,685.0 28,627.7 1,127.5 77,606.3 Nov d???³???L????�u½ 775.8 9,335.2 - 79,659.6 2,052.1 148.8 370.7 12,310.1 3,056.4 13,365.1 121,073.8 64,930.0 Oct d?Ðu?????²??????�√ 15,974.8 23,314.2 3,294.9 6,224.1 48,808.0 4,836.3 7,825.5 6,212.5 8,699.7 27,574.0 772.0 77,154.0 Dec d??³???L??�¹œ 769.1 9,638.1 - 84,630.8 2,589.6 423.2 396.6 14,553.1 3,115.1 14,185.0 130,300.6 66,121.7 Nov d???³???L????�u½ 16,796.2 24,347.6 3,098.5 6,467.2 50,709.5 5,252.1 7,476.1 7,064.5 9,157.4 28,950.1 775.8 80,435.4 Jan 2006 d?????¹U??????M?????¹ 731.9 11,443.7 - 84,116.4 1,965.7 99.5 390.1 14,285.5 3,112.2 21,236.2 137,381.2 70,154.1 Dec d??³???L??�¹œ 16,976.6 26,044.9 2,706.5 7,147.4 52,875.4 5,792.8 7,031.2 5,122.8 13,808.6 31,755.4 769.1 85,399.9 Feb d?¹«d?????³?????� 1,059.2 9,592.3 - 90,047.2 1,897.5 303.8 396.6 15,151.6 3,114.0 16,335.0 137,897.2 72,456.0 Jan 2006 d?????¹U??????M?????¹ 19,864.3 24,466.3 2,926.6 6,400.6 53,657.8 6,071.8 6,883.8 6,608.8 10,894.2 30,458.6 731.9 84,848.3 Mar ”—U????????????� 1,114.5 15,319.7 - 93,107.9 2,138.5 205.7 384.9 17,299.2 3,036.9 9,398.3 142,005.6 75,046.9 Feb d?¹«d?????³?????� 19,496.8 26,486.2 3,309.1 8,368.2 57,660.3 6,578.4 6,165.8 8,052.6 11,590.1 32,386.9 1,059.2 91,106.4 Apr q????????¹d???????Ð√ 1,319.7 13,299.4 - 103,932.9 1,579.0 165.8 425.7 17,634.6 2,843.4 10,636.8 151,837.3 76,057.5 Mar ”—U????????????� 21,172.7 29,331.7 3,187.3 8,504.2 62,195.9 6,050.2 6,795.7 5,272.6 12,793.5 30,912.0 1,114.5 94,222.4 May u??¹U????????????????� 1,095.8 10,814.6 - 105,573.0 2,167.0 188.4 433.7 18,095.4 2,734.2 9,989.4 151,091.5 80,046.2 Apr q????????¹d???????Ð√ 22,888.8 30,850.8 3,413.5 8,396.6 65,549.7 8,298.4 7,690.5 8,288.9 14,105.4 38,383.2 1,319.7 105,252.6 Jun u?????????????O??½u?¹ 1,431.0 12,212.4 - 103,938.2 2,375.1 170.3 410.3 18,051.9 2,671.2 10,430.8 151,691.2 85,068.5 May u??¹U????????????????� 21,030.0 32,619.4 2,788.3 9,158.6 65,596.3 8,152.3 8,457.4 7,042.2 16,324.8 39,976.7 1,095.8 106,668.8 Jul u?????????????O??�u?¹ 412.1 13,898.6 - 102,105.7 1,612.6 105.1 448.3 18,040.7 2,575.3 11,390.9 150,589.3 94,037.7 Jun u?????????????O??½u?¹ 22,923.8 33,550.2 3,158.6 7,847.5 67,480.1 7,873.1 7,137.3 3,728.3 17,719.4 36,458.1 1,431.0 105,369.2 Aug fD�??ž√ 1,000.5 16,393.5 - 102,345.4 3,333.2 160.5 448.4 19,433.0 2,571.9 11,230.9 156,917.3 94,761.1 Jul u?????????????O??�u?¹ 21,293.4 35,673.0 3,567.9 8,313.4 68,847.7 7,700.0 7,359.8 4,291.5 13,906.7 33,258.0 412.1 102,517.8 Sep d??³?L??²?³??Ý 1,777.6 17,619.5 - 112,157.2 3,338.5 54.8 479.7 19,383.0 2,674.5 11,557.0 169,041.8 92,659.9 Aug fD�??ž√ 19,994.4 35,498.0 3,686.3 8,593.9 67,772.6 6,607.9 8,047.3 5,580.7 14,337.0 34,572.9 1,000.5 103,346.0 Oct d?Ðu?????²??????�√ 1,317.9 15,638.5 1,820.0 113,379.4 5,917.0 514.5 465.8 23,335.2 2,692.8 12,753.5 177,834.6 359,321.5 Sep d??³?L??²?³??Ý 21,408.7 36,365.9 4,343.1 10,153.6 72,271.3 6,761.1 7,900.9 9,493.2 15,730.7 39,885.9 1,777.6 113,934.8 Nov d???³???L????�u½ 1,112.2 15,971.8 1,820.0 117,593.3 6,533.9 158.6 452.5 23,337.3 2,727.2 12,883.5 182,590.3 95,895.5 Oct d?Ðu?????²??????�√ 23,207.0 33,357.9 3,700.0 11,944.8 72,209.7 7,388.8 7,884.4 6,120.6 19,775.9 41,169.7 1,317.9 114,697.3 Dec d??³???L??�¹œ 1,154.6 20,541.3 3,058.1 119,304.4 4,982.4 297.6 453.6 23,310.9 2,919.3 13,459.8 189,482.0 98,489.6 Nov d???³???L????�u½ 23,362.4 34,547.9 4,652.5 11,441.6 74,004.4 8,633.2 8,255.7 8,688.6 18,011.4 43,588.9 1,112.2 118,705.5 Jan 2007 d?????¹U??????M?????¹ 1,107.7 16,854.5 3,058.1 119,969.4 4,953.5 395.0 437.9 23,981.6 2,951.2 14,418.1 188,127.0 102,079.2 Dec d??³???L??�¹œ 23,132.7 34,761.5 4,189.1 14,323.2 76,406.5 8,884.1 8,461.4 6,296.0 19,256.4 42,897.9 1,154.6 120,459.0 Feb d?¹«d?????³?????� 1,721.3 13,121.1 3,058.1 122,486.5 7,147.7 608.4 445.2 26,089.4 2,879.1 12,079.0 189,635.8 112,369.5 Jan 2007 d?????¹U??????M?????¹ 24,929.7 34,837.1 3,888.5 14,333.6 77,988.9 8,610.5 8,384.8 7,614.4 17,370.8 41,980.5 1,107.7 121,077.1 Mar ”—U????????????� 2,246.6 16,779.7 3,058.1 117,548.1 9,873.9 357.3 403.8 26,428.3 3,073.7 10,824.6 190,594.1 117,183.6 Feb d?¹«d?????³?????� 26,503.3 35,092.3 4,084.5 13,966.9 79,647.0 8,932.7 8,826.8 9,389.2 15,690.8 42,839.5 1,721.3 124,207.8 Apr q????????¹d???????Ð√ 2,622.7 24,571.6 3,058.1 122,732.5 9,345.1 764.4 434.8 26,492.7 2,919.4 11,745.7 204,687.0 123,032.4 Mar ”—U????????????� 27,941.0 35,076.9 3,935.4 13,699.9 80,653.2 9,449.8 7,422.6 4,942.9 15,079.6 36,894.9 2,246.6 119,794.7 May u??¹U????????????????� 2,586.3 25,816.7 3,058.1 125,573.8 7,568.5 1,022.0 456.7 26,489.0 2,931.9 11,664.9 207,167.9 126,093.5 Apr q????????¹d???????Ð√ 28,721.9 36,774.2 4,116.7 13,902.5 83,515.3 11,182.9 7,301.9 5,800.1 14,932.3 39,217.2 2,622.7 125,355.2 May u??¹U????????????????� 28,807.3 40,515.7 3,792.7 14,802.7 87,918.4 9,323.5 7,951.9 5,413.8 14,966.2 37,655.4 2,586.3 128,160.1

Monthly Monetary Bulletin, MayMay. 20072007 20 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 19 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� ade % r ®' T actors al RealEstate Realestate g'1`====A' ==AE`===²' Çe|3 Contr Gener Consumption

MonthlyMonthly Monetary Bulletin, May 2007 Monetary Bulletin, MayMay. 20072007 21 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« QatarQatar Central Bank Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No., (16) TableBanks No. Clearings (16) BanksIn Million Clearings of QRs In Million of QRs UJOý œb‡‡‡Ž WLOI�« ŸuL−� Daily Average w�uO�« ‰bF*«

…d²H�« W‡‡‡‡‡‡¹UN½ ade % r UJOý œb‡‡‡Ž WLOI�« ŸuL−� ®'

Daily Average T …d²H�« W‡‡‡‡‡‡¹UN½ ’U‡‡‡‡‡‡‡‡‡I²�« w�uO�« ‰bF*« actors No.’U‡‡‡‡‡‡‡‡‡I²�« of Cheques Total Value of UJOA�« œbŽ WLOI�« al End of Period RealEstate g'1`====A' ==AE`===²' Çe|3 No. of Cheques Total Value of No. UJOA�« of Cheques œbŽ WLOI�«Value Contr Gener End of Period Cleared Cheques Cleared Consumption Cleared Cheques Cleared No. of Cheques Value

May u??¹U????????????????� 211,683 13,312 9,622 605.1 JunMay u?????????????O??½u?¹u??¹U????????????????� 191,496211,683 11,79413,312 8,7049,622 536.1605.1 Jun u?????????????O??½u?¹ 191,496 11,794 8,704 536.1 Jul u?????????????O??�u?¹ 176,715 9,969 8,836 498.4 AugJul fD�??ž√u?????????????O??�u?¹ 175,778176,715 10,1309,969 7,6438,836 440.0498.4 SepAug d??³?L??²?³??ÝfD�??ž√ 179,976175,778 10,17210,130 8,5707,643 484.0440.0 Sep d??³?L??²?³??Ý 179,976 10,172 8,570 484.0 Oct d?Ðu?????²??????�√ 190,219 11,213 8,646 509.7 NovOct d???³???L????�u½d?Ðu?????²??????�√ 180,437190,219 11,2138,891 8,2028,646 404.2509.7 DecNov d??³???L??�¹œd???³???L????�u½ 204,727180,437 14,1468,891 9,3068,202 674.0404.2 Dec d??³???L??�¹œ 204,727 14,146 9,306 674.0 Jan 2006 d?????¹U??????M?????¹ 247,174 12,933 13,009 680.7 FebJan 2006 d?¹«d?????³?????�d?????¹U??????M?????¹ 208,059247,174 10,51012,933 10,40313,009 525.5680.7 MarFeb ”—U????????????�d?¹«d?????³?????� 243,197208,059 12,84010,510 11,05410,403 583.6525.5 Mar ”—U????????????� 243,197 12,840 11,054 583.6 Apr q????????¹d???????Ð√ 249,791 13,027 11,895 620.3 MayApr u??¹U????????????????�q????????¹d???????Ð√ 235,891249,791 13,46613,027 10,25611,895 585.5620.3 JunMay u?????????????O??½u?¹u??¹U????????????????� 230,054235,891 11,27013,466 10,95510,256 536.7585.5 Jun u?????????????O??½u?¹ 230,054 11,270 10,955 536.7 Jul u?????????????O??�u?¹ 252,000 14,010 11,454 636.8 AugJul fD�??ž√u?????????????O??�u?¹ 239,695252,000 12,84314,010 10,42111,454 558.4636.8 SepAug d??³?L??²?³??ÝfD�??ž√ 204,764239,695 12,8439,345 10,23810,421 467.2558.4 Sep d??³?L??²?³??Ý 204,764 9,345 10,238 467.2 Oct d?Ðu?????²??????�√ 210,046 11,140 10,502 557.0 NovOct d???³???L????�u½d?Ðu?????²??????�√ 228,719210,046 12,18311,140 10,39610,502 553.8557.0 DecNov d??³???L??�¹œd???³???L????�u½ 209,029228,719 12,08812,183 10,3969,088 525.5553.8 Dec d??³???L??�¹œ 209,029 12,088 9,088 525.5 Jan 2007 d?????¹U??????M?????¹ 222,534 12,357 9,675 537.3 FebJan 2007 d?¹«d?????³?????�d?????¹U??????M?????¹ 227,618222,534 13,75012,357 11,3819,675 687.5537.3 MarFeb ”—U????????????�d?¹«d?????³?????� 241,764227,618 14,76813,750 11,51311,381 703.2687.5 Mar ”—U????????????� 241,764 14,768 11,513 703.2 Apr q????????¹d???????Ð√ 277,508 16,239 12,614 738.1 MayApr u??¹U????????????????�q????????¹d???????Ð√ 267,699277,508 18,31916,239 11,63912,614 796.4738.1 May u??¹U????????????????� 267,699 18,319 11,639 796.4

Monthly Monetary Bulletin, May. 2007 22 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Monthly Monetary Bulletin, MayMay. 20072007 22 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« MonthlyMonthly Monetary Bulletin, May 2007 Monetary Bulletin, May. 2007 21 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� QatarQatar Central Bank Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� All Banks Apr. 2007 Banks’ Groups (Assets) Table No. (17) In Thousands of QRs of Thousands In Foreign Banks Qatari Banks Non Qatari Banks Non - Arab Arab Specialized Islamic Traditional Group

1,046,490 Reserves 214,953 751,739 966,697 62,517 17,276 79,793

5 ÍdDI�« ‰U¹d�UÐ bIM�« Cash in QR UOÞUO²Šô« 3,603,211 4,282,378 5,152,580 673,541 196,661 870,202 679,055

أ�ر�صدة√—�b… لدى�Íb م�صرف�dB· قطر �dD املركزي»*Íe�d 112 Due from QCB Foreign Assets 79,775 84,622 87,046 2,100 2,424 4,847 324 b‡‡‡‡IM�« 0 - Cash 24,899,304 32,184,919 36,869,855 3,494,746 1,190,190 4,684,936 7,284,916 699 »*WO³Mł_« «œu‡‡łu أ�ر�صدة √—�b… لدى �‡Íb البـــنوك »�u‡M³„ يف �Ã—U‡)« wاخلـــارج Due from Banks Abroad 8,374,989 9,136,203 9,190,105 761,214 53,902 53,902

0 0 d‡‡‡‡‡‡‡D� Ã—U‡‡‡‡‡‡š ÊU‡‡‡‡‡‡‡‡L²z« - - Credit Outside Qatar 11,060,977 14,533,224 14,799,131 3,363,755 240,238 265,907 108,492 25,669 Ã—U‡‡‡‡‡)« w� «—U‡L¦²Ýô« Investments Abroad 1,543,702 1,609,878 3,988,080 6,130,462 7,674,164 729,918 813,784 532,504 Domestic Assets d‡‡D� w‡‡‡� „u‡M³�« Èb‡‡� …b‡‡�—√ Due from Banks in Qatar 105,973,584 116,612,270 10,638,686 18,645,842 87,196,454 6,784,135 3,854,551 131,288 w‡‡‡‡‡K;« ÊU‡‡‡‡L²zô« Domestic Credit 10,849,908 11,864,111 1,014,203 1,496,094 9,286,282 564,399 449,804 67,532 W‡‡‡‡‡‡‡‡‡‡‡OK;« «—U‡‡‡‡‡‡‡‡‡‡‡L¦²Ýô« Domestic Investments

1,243,430 1,401,408 1,466,640 137,351 24,959 40,273 65,232 20,627 W²ÐUŁ «œułu� WOK;« «œułu*« Fixed Assets 2,100,642 2,764,215 3,291,309 475,062 527,094 639,000 52,032 24,573 Èdš√ «œułu� Other Assets 152,584,883 188,307,620 208,053,701 13,105,517 19,746,081 34,836,905 6,640,564 885,832 «œułu*« Assets Total ŸuL−� W?‡??‡?‡??‡?‡??O?Ðd???????????????F??�« d??????????????O???????????????ž W?‡??‡?‡??‡?‡??O?Ðd???????????????F??�« W??‡??‡??‡?‡??‡??‡??‡??‡??‡?‡??‡??‡??‡??‡??‡?‡??‡??O??Ðd??????? ???????????F??�« W??‡?‡??‡?‡??‡?‡??B???????????????B???????????????�???????????? ???²?*« W??‡??‡??‡?‡??‡??‡??‡??‡??‡??O??????????????????�ö????????????? ??????Ýù« W??‡?‡??‡?‡??‡?‡??‡?‡??‡??‡?‡??‡?¹b????????????????O?K??I?????? ?????????²??�« W‡‡‡‡‡‡‡‡ŽuL:« W¹dDI�« dOž „uM³�« W¹dDI�« „uM³�« „uM³�« w�ULł≈

Monthly Monetary Bulletin, MayMay. 20072007 23 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� All Banks Apr. 2007 Banks’ Groups (Assets) Table No. (17) All Banks Apr. 2007 Banks’ Groups (Liabilities) Table No. (18) In Thousands of QRs of Thousands In In Thousands of QRs of Thousands In Non Qatari Banks Foreign Banks Qatari Banks Foreign Banks Qatari Banks Non - Arab Arab Specialized Islamic Traditional Non - Arab Arab Specialized Islamic Traditional Group Group

Non Resident 2,552,499 2,550,901 2,586,317 Deposits dOž lz«œË 33,818 33,817 5LOIO*« 1,598 1 0 1,046,490 Reserves 214,953 751,739 966,697 - 62,517 17,276 79,793 Foreign Liabilities 5 WO³Mł_« UÐuKD*« ÍdDI�« ‰U¹d�UÐ bIM�« Due to Banks „uM³K� …b�—√ 24,499,973 21,858,424 25,817,673 Cash in QR 1,317,700 2,640,594 Ã—U)« w� 665,384 652,316 Abroad UOÞUO²Šô« 955 3,603,211 4,282,378 5,152,580 673,541 196,661 870,202 679,055

112 Íe�d*« dD� ·dB� Íb� …b�—√ Due from QCB 3,058,110 3,058,110 3,058,110 Securities WO�U� ‚«—Ë√ WM¹b� Debt - - - - - Foreign Assets 79,775 84,622 87,046 2,100 2,424 4,847 324 b‡‡‡‡IM�« 0 111,037,795

125,573,844 Cash 14,536,049 18,189,177 92,848,618 10,028,589 5LOI*« lz«œË 4,507,460 Deposits Resident 24,899,304 32,184,919 36,869,855 3,494,746 1,190,190 4,684,936 7,284,916 - 699 Ã—U‡)« w� „u‡M³�« Íb‡� …b�—√ WO³Mł_« «œu‡‡łu*« Due from Banks Abroad dD� w� „uM³�« 7,282,910 7,568,513 1,332,990 5,949,920 Èb� …b�—√ Banks in 285,603 127,501 158,102 Due to Qatar 8,374,989 9,136,203 9,190,105 - 761,214 53,902 53,902

0 0 d‡‡‡‡‡‡‡D� Ã—U‡‡‡‡‡‡š ÊU‡‡‡‡‡‡‡‡L²z« Credit Outside Qatar ·d‡‡‡‡B� …b�—√ ÍeÖd*« dD� 1,022,002 1,022,002 1,022,002 Due to QCB 11,060,977 14,533,224 14,799,131 3,363,755 - - - - - 240,238 265,907 108,492 25,669 Domestic Liabilities

W‡‡‡‡OK;« U‡‡‡‡‡ÐuKD*« Ã—U‡‡‡‡‡)« w� «—U‡L¦²Ýô« Investments Abroad 366,553 160,794 204,941 457,526 Margins 90,973 63,204 27,769 UMO�Qð 818 1,543,702 1,609,878 3,988,080 6,130,462 7,674,164 729,918 813,784 532,504 Domestic Assets d‡‡D� w‡‡‡� „u‡M³�« Èb‡‡� …b‡‡�—√ Due from Banks in Qatar 25,328,226 27,295,185 15,358,085 1,966,959 9,163,988 1,011,128 Accounts 806,153 955,831 Capital ‰U*« ”√— UÐU�Š 105,973,584 116,612,270 10,638,686 18,645,842 87,196,454 6,784,135 3,854,551 131,288 w‡‡‡‡‡K;« ÊU‡‡‡‡L²zô« Domestic Credit Provisions 2,315,338 1,855,681 2,939,464 UBB�� 624,126 519,791 104,335 452,049 7,608 10,849,908 11,864,111 1,014,203 1,496,094 9,286,282 564,399 449,804 67,532 W‡‡‡‡‡‡‡‡‡‡‡OK;« «—U‡‡‡‡‡‡‡‡‡‡‡L¦²Ýô« Domestic Investments 10,844,214 11,735,067 2,895,715 7,878,201 Liabilities 890,853 711,400 179,453 70,298 UÐuKD� Other

Èdš√ 1,243,430 1,401,408 1,466,640 137,351 24,959 40,273 65,232 20,627 W²ÐUŁ «œułu� WOK;« «œułu*« 188,307,620 152,584,883 208,053,701 Fixed Assets 19,746,081 34,836,905 13,105,517 Liabilities 6,640,564 885,832 UÐuKD*« Total ŸuL−� 2,100,642 2,764,215 3,291,309 475,062 527,094 639,000 52,032 24,573 Èdš√ «œułu� 126,193,770

38,367,140 87,826,630 Other Assets 81,460,587 30,596,178 Accounts 6,265,801 7,770,962 UN� UÐU�Š 100,242 Contra qÐUI� 152,584,883 188,307,620 208,053,701 13,105,517 19,746,081 34,836,905 6,640,564 885,832 «œułu*« Assets Total ŸuL−� W??‡??‡??‡??‡??‡??O??Ðd????????????????????F??�« d???????????????????O????????????????????ž W??‡???‡??‡???‡??‡???‡??‡??‡???‡??‡???‡??‡???‡??‡???‡??‡??‡???O ??Ðd?????????????????????????F??�« W??‡??‡??‡??‡??‡??‡??B????????????????????B???????????????????? �????????????????????²??*« W???‡??‡???‡??‡???‡??‡???‡??‡???‡??O?????????????????????????�ö ?????????????????????????Ýù« W??‡??‡??‡??‡??‡???‡??‡??‡??‡??‡??‡??‡??¹b????????????????????? O??K??I?????????????????????²??�« W?‡??‡?‡??‡?‡??O?Ðd???????????????F??�« d??????????????O???????????????ž W?‡??‡?‡??‡?‡??O?Ðd???????????????F??�« W??‡??‡??‡?‡??‡??‡??‡??‡??‡?‡??‡??‡??‡??‡??‡?‡??‡??O??Ðd??????? ???????????F??�« W??‡?‡??‡?‡??‡?‡??B???????????????B???????????????�???????????? ???²?*« W??‡??‡??‡?‡??‡??‡??‡??‡??‡??O??????????????????�ö????????????? ??????Ýù« W??‡?‡??‡?‡??‡?‡??‡?‡??‡??‡?‡??‡?¹b????????????????O?K??I?????? ?????????²??�« W‡‡‡‡‡‡‡‡ŽuL:« W‡‡‡‡‡‡‡‡ŽuL:« W¹dDI�« dOž „uM³�« W¹dDI�« dOž „uM³�« W¹dDI�« „uM³�« W¹dDI�« „uM³�« „uM³�« w�ULł≈ „uM³�« w�ULł≈

Monthly Monetary Bulletin, MayMay. 20072007 24 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 23 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� All Banks Apr. 2007 Banks’ Groups (Deposits) Table No. (19) In Thousands of QRs of Thousands In Foreign Banks Qatari Banks Non Qatari Banks Non-Arab Arab Specialized Islamic Traditional Group

24,384,328 28,807,343 18,849,913 VKD�« X% Deposits Demand 4,423,015 5,534,415 3,433,994 Private Sector Deposits 989,021 In Qatari Riyal ÍdDI�« ‰U¹d�UÐ - qł_Ë dO�uð 35,121,710 25,572,315 40,515,640 5,393,930 9,549,395 3,223,861 2,170,069 Time & Saving - In Foreign Currencies 1,266,088 2,526,583 1,059,556 2,400,093 3,792,671 VKD�« X% Deposits Demand 206,532 126,490 WO³Mł_« öLF�UÐ - 12,111,046 14,802,780 11,810,437 qł_Ë dO�uð 2,691,734 1,678,875 1,012,859 300,609 Time & Saving ’U)« ŸUDI�« lz«œË - 13,774,767 74,143,667 15,510,909 58,632,758 87,918,434 9,396,286 4,378,481 ŸuL:« Total - VKD�« X% Deposits 9,294,025 Demand 1,529,443 7,764,582 9,323,468 Public Sector Deposits 29,443 21,967 7,476 In Qatari Riyal ÍdDI�« ‰U¹d�UÐ - qł_Ë dO�uð 7,752,174 7,240,055 7,951,957 Time & 199,783 121,233 512,119 Saving 78,550 - In Foreign Currencies VKD�« X% 5,275,016 Deposits Demand 4,823,339 5,413,790 138,774 138,504 451,677 WO³Mł_« öLF�UÐ 270 - 14,572,913 14,387,884 14,966,195 qł_Ë dO�uð 393,282 185,029 393,282 Time & Saving - - ÂUF�« ŸUDI�« lz«œË 36,894,128 34,215,860 37,655,410 2,678,268 761,282 632,303 128,979 ŸuL:« Total - 2,552,499 2,586,317 2,550,901 Deposits Resident dOž lz«œË 33,818 33,817 5LOI*« 1,598 Non 1 - 128,160,161 113,590,294 14,569,867 10,062,406 18,190,775 95,399,519 4,507,461 Grand ŸuL:« wK~�« Total - W??‡??‡??‡??‡??‡??O??Ðd????????????????????F??�« d???????????????????O????????????????????ž W??‡???‡??‡???‡??‡???‡??‡??‡???‡??‡???‡??‡???‡??‡???‡??‡??‡???O ??Ðd?????????????????????????F??�« W??‡??‡??‡??‡??‡??‡??B????????????????????B???????????????????? �????????????????????²??*« W???‡??‡???‡??‡???‡??‡???‡??‡???‡??O?????????????????????????�ö ?????????????????????????Ýù« W??‡??‡??‡??‡??‡???‡??‡??‡??‡??‡??‡??‡??¹b????????????????????? O??K??I?????????????????????²??�« W‡‡‡‡‡‡‡‡ŽuL:« W¹dDI�« dOž „uM³�« W¹dDI�« „uM³�« „uM³�« w�ULł≈

Monthly Monetary Bulletin, MayMay. 20072007 25 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� All Banks Apr. 2007 Banks’ Groups (Deposits) Table No. (19) In Thousands of QRs of Thousands In Foreign Banks Qatari Banks Non Qatari Banks Non-Arab Arab Specialized Islamic Traditional Group

General Trade In Foreign Currencies 1,266,088 2,526,583 1,059,556 2,400,093 3,792,671 VKD�« X% Deposits Demand 206,532 126,490 WO³Mł_« öLF�UÐ - 12,111,046 14,802,780 11,810,437 qł_Ë dO�uð 2,691,734 1,678,875 1,012,859 300,609 Time & Saving ’U)« ŸUDI�« lz«œË - ==AE`===²' 13,774,767 74,143,667 15,510,909 58,632,758 87,918,434

Contractors 9,396,286 4,378,481 ŸuL:« Total - g'1`====A' VKD�« X% Deposits 9,294,025 Demand 1,529,443 7,764,582 9,323,468 Public Sector Deposits 29,443 21,967

RealestateRealEstate 7,476 In Qatari Riyal ÍdDI�« ‰U¹d�UÐ - qł_Ë dO�uð 7,752,174 7,240,055 7,951,957 Time & 199,783 121,233 512,119 Saving 78,550 - In Foreign Currencies VKD�« X% 5,275,016 Deposits Demand 4,823,339 5,413,790 138,774 138,504 451,677 WO³Mł_« öLF�UÐ 270 - 14,572,913 14,387,884 14,966,195 qł_Ë dO�uð 393,282 185,029 393,282 Time & Saving - - ÂUF�« ŸUDI�« lz«œË 36,894,128 34,215,860 37,655,410 2,678,268 761,282 632,303 128,979 ŸuL:« Total - 2,552,499 2,586,317 2,550,901 Deposits Resident dOž lz«œË 33,818 33,817 5LOI*« 1,598 Non 1 - 128,160,161 113,590,294 14,569,867 10,062,406 18,190,775 95,399,519 4,507,461 Grand ŸuL:« wK~�« Total - W??‡??‡??‡??‡??‡??O??Ðd????????????????????F??�« d???????????????????O????????????????????ž W??‡???‡??‡???‡??‡???‡??‡??‡???‡??‡???‡??‡???‡??‡???‡??‡??‡???O ??Ðd?????????????????????????F??�« W??‡??‡??‡??‡??‡??‡??B????????????????????B???????????????????? �????????????????????²??*« W???‡??‡???‡??‡???‡??‡???‡??‡???‡??O?????????????????????????�ö ?????????????????????????Ýù« W??‡??‡??‡??‡??‡???‡??‡??‡??‡??‡??‡??‡??¹b????????????????????? O??K??I?????????????????????²??�« W‡‡‡‡‡‡‡‡ŽuL:« W¹dDI�« dOž „uM³�« W¹dDI�« „uM³�« „uM³�« w�ULł≈

Monthly Monetary Bulletin, MayMay. 20072007 26 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 25 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (21) InterTable No. Banks (21) Interest Rates in Qatari Riyal (Weighted Average) InterbankInterPercent PerBanks Annum Interest Interest Rates Rates ( Weighted in Qatari Average) Riyal (Weighted Average) PercentAnnual Rates Per Annum …d²H�« W‡‡‡‡‡‡¹UN½ Âu‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡¹ Ÿu‡‡‡³Ý√ d‡‡‡‡‡‡‡‡‡Ný dNý√ WŁöŁ dNý√ W²Ý WM‡‡‡Ý …d²H�« W‡‡‡‡‡‡¹UN½ Âu‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡¹ Ÿu‡‡‡³Ý√ d‡‡‡‡‡‡‡‡‡Ný dNý√ WŁöŁ dNý√ W²Ý WM‡‡‡Ý End of Period Overnight 1-week 1-month 3-months 6-months 1-year End of Period Overnight 1-week 1-month 3-months 6-months 1-year

May u??¹U????????????????� 2.94 3.01 3.06 3.25 3.84 3.75 JunMay u?????????????O??½u?¹u??¹U????????????????� 3.052.94 3.293.01 3.123.06 3.433.25 3.753.84 3.853.75 Jun u?????????????O??½u?¹ 3.05 3.29 3.12 3.43 3.75 3.85 Jul u?????????????O??�u?¹ 3.28 3.34 3.58 3.85 4.00 4.25 AugJul fD�??ž√u?????????????O??�u?¹ 3.183.28 3.443.34 3.423.58 3.513.85 3.984.00 4.004.25 SepAug d??³?L??²?³??ÝfD�??ž√ 3.493.18 3.703.44 3.813.42 3.953.51 4.103.98 4.284.00 Sep d??³?L??²?³??Ý 3.49 3.70 3.81 3.95 4.10 4.28 Oct d?Ðu?????²??????�√ 3.60 3.86 3.86 4.15 4.28 4.51 NovOct d???³???L????�u½d?Ðu?????²??????�√ 3.693.60 3.893.86 4.083.86 4.374.15 4.504.28 4.754.51 DecNov d??³???L??�¹œd???³???L????�u½ 4.053.69 4.223.89 4.324.08 4.524.37 4.604.50 4.804.75 Dec d??³???L??�¹œ 4.05 4.22 4.32 4.52 4.60 4.80 Jan 2006 d?????¹U??????M?????¹ 4.29 4.36 4.46 4.72 4.50 4.75 FebJan 2006 d?¹«d?????³?????�d?????¹U??????M?????¹ 4.404.29 4.464.36 4.604.46 4.72 4.804.50 5.004.75 MarFeb ”—U????????????�d?¹«d?????³?????� 4.434.40 4.654.46 4.524.60 4.954.72 5.104.80 5.255.00 Mar ”—U????????????� 4.43 4.65 4.52 4.95 5.10 5.25 Apr q????????¹d???????Ð√ 4.45 4.65 4.47 4.92 5.18 5.30 MayApr u??¹U????????????????�q????????¹d???????Ð√ 4.474.45 4.944.65 4.974.47 5.164.92 5.275.18 5.385.30 JunMay u?????????????O??½u?¹u??¹U????????????????� 4.734.47 4.94 5.104.97 5.255.16 5.365.27 5.475.38 Jun u?????????????O??½u?¹ 4.73 4.94 5.10 5.25 5.36 5.47 Jul u?????????????O??�u?¹ 5.14 5.19 5.16 5.27 5.37 5.46 AugJul fD�??ž√u?????????????O??�u?¹ 5.125.14 4.915.19 5.125.16 5.205.27 5.325.37 5.405.46 SepAug d??³?L??²?³??ÝfD�??ž√ 4.965.12 4.944.91 5.045.12 5.055.20 5.095.32 5.155.40 Sep d??³?L??²?³??Ý 4.96 4.94 5.04 5.05 5.09 5.15 Oct d?Ðu?????²??????�√ 4.99 5.00 5.01 5.12 5.16 5.21 NovOct d???³???L????�u½d?Ðu?????²??????�√ 5.024.99 5.045.00 5.065.01 5.12 5.145.16 5.125.21 DecNov d??³???L??�¹œd???³???L????�u½ 5.095.02 5.175.04 5.055.06 5.035.12 5.105.14 5.135.12 Dec d??³???L??�¹œ 5.09 5.17 5.05 5.03 5.10 5.13 Jan 2007 d?????¹U??????M?????¹ 5.06 4.94 5.00 5.22 4.97 5.13 FebJan 2007 d?¹«d?????³?????�d?????¹U??????M?????¹ 5.085.06 5.134.94 5.115.00 5.085.22 5.144.97 5.13 MarFeb ”—U????????????�d?¹«d?????³?????� 5.145.08 5.185.13 5.11 5.005.08 5.135.14 5.115.13 Mar ”—U????????????� 5.14 5.18 5.11 5.00 5.13 5.11 Apr q????????¹d???????Ð√ 5.19 5.21 5.17 5.02 5.23 5.20 MayApr u??¹U????????????????�q????????¹d???????Ð√ 5.185.19 5.195.21 5.155.17 5.235.02 5.215.23 5.20 May u??¹U????????????????� 5.18 5.19 5.15 5.23 5.21 5.20

Monthly Monetary Bulletin, MayMay. 20072007 27 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Monthly Monetary Bulletin, May. 2007 27 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (22)

Interest Rates on Customers’ Deposits in Qatari Riyal (Weighted Average) Table No. (21) Percent Per Annum Table No. (22) Inter Banks Interest Rates in Qatari Riyal (Weighted Average) Interest Rates on Customers’ Deposits in Qatari Riyal (WeightedTime Average) Deposits q‡‡‡‡‡‡‡łü l‡‡‡‡‡‡‡z«œË Percent Per Annum PercentAnnual…d²H�« RatesPer Annum W‡‡‡‡‡‡¹UN½ VKD�« X% lz«œË W¹—Ušœ« lz«œË End of Period Demand Saving …d²H�« W‡‡‡‡‡‡¹UN½ Âu‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡¹ Ÿu‡‡‡³Ý√ d‡‡‡‡‡‡‡‡‡Ný dNý√ WŁöŁ dNý√ W²Ý WM‡‡‡Ý d‡‡‡‡‡‡‡‡‡Ný dNý√ WŁöŁ dNý√ W²Ý WM‡‡‡Ý WM‡‡‡Ý s� d¦�√ Deposits Deposits Time Deposits q‡‡‡‡‡‡‡łü l‡‡‡‡‡‡‡z«œË …d²H�« W‡‡‡‡‡‡¹UN½ VKD�« X% lz«œË W¹—Ušœ« lz«œË 1-month 3-months 6-months 1-year >1-year End of Period Demand Saving End of Period Overnight 1-week 1-month 3-months 6-months 1-year May u??¹U????????????????� Deposits1.78 Deposits0.96 d‡‡‡‡‡‡‡‡‡Ný2.41 dNý√3.23 WŁöŁ dNý√3.37 W²Ý WM‡‡‡Ý3.04 WM‡‡‡Ý3.40 s� d¦�√ 1-month 3-months 6-months 1-year >1-year Jun 1.72 0.96 2.64 2.94 2.84 3.19 3.39 u?????????????O??½u?¹ May u??¹U????????????????� 2.94 3.01 3.06 3.25 3.84 3.75 May u??¹U????????????????� 1.78 0.96 2.41 3.23 3.37 3.04 3.40 Jun u?????????????O??½u?¹ Jul u?????????????O??�u?¹ 1.74 1.01 2.71 3.08 3.20 3.21 3.30 3.05 3.29 3.12 3.43 3.75 3.85 Jun u?????????????O??½u?¹ 1.72 0.96 2.64 2.94 2.84 3.19 3.39 Aug 1.75 1.01 2.91 3.10 3.39 3.15 3.81 fD�??ž√ Jul u?????????????O??�u?¹ 3.28 3.34 3.58 3.85 4.00 4.25 Sep 1.74 1.01 2.87 3.34 3.93 3.30 3.83 Jul u?????????????O??�u?¹d??³?L??²?³??Ý 1.74 1.01 2.71 3.08 3.20 3.21 3.30 Aug fD�??ž√ 3.18 3.44 3.42 3.51 3.98 4.00 Aug fD�??ž√ 1.75 1.01 2.91 3.10 3.39 3.15 3.81 Sep d??³?L??²?³??Ý Oct d?Ðu?????²??????�√ 1.78 1.04 3.00 3.46 4.15 3.86 3.82 3.49 3.70 3.81 3.95 4.10 4.28 Sep d??³?L??²?³??Ý 1.74 1.01 2.87 3.34 3.93 3.30 3.83 Nov 1.70 1.03 3.05 3.86 3.91 3.88 3.57 d???³???L????�u½ Oct d?Ðu?????²??????�√ 3.60 3.86 3.86 4.15 4.28 4.51 Dec 1.88 1.03 3.49 4.12 3.74 3.76 3.67 Oct d?Ðu?????²??????�√d??³???L??�¹œ 1.78 1.04 3.00 3.46 4.15 3.86 3.82 Nov d???³???L????�u½ 3.69 3.89 4.08 4.37 4.50 4.75 Nov d???³???L????�u½ 1.70 1.03 3.05 3.86 3.91 3.88 3.57 Dec d??³???L??�¹œ Jan 2006 d?????¹U??????M?????¹ 2.05 1.05 3.69 3.68 4.00 3.65 3.80 4.05 4.22 4.32 4.52 4.60 4.80 Dec d??³???L??�¹œ 1.88 1.03 3.49 4.12 3.74 3.76 3.67 Feb 2.03 1.06 3.81 3.65 4.06 3.75 3.91 d?¹«d?????³?????� Jan 2006 d?????¹U??????M?????¹ 4.29 4.36 4.46 4.72 4.50 4.75 Mar 2.13 1.32 3.85 3.39 4.22 4.20 4.16 Jan 2006 d?????¹U??????M?????¹”—U????????????� 2.05 1.05 3.69 3.68 4.00 3.65 3.80 Feb d?¹«d?????³?????� 4.40 4.46 4.60 4.72 4.80 5.00 Feb d?¹«d?????³?????� 2.03 1.06 3.81 3.65 4.06 3.75 3.91 Mar ”—U????????????� Apr q????????¹d???????Ð√ 2.41 1.48 3.89 3.86 4.50 3.95 4.24 4.43 4.65 4.52 4.95 5.10 5.25 Mar ”—U????????????� 2.13 1.32 3.85 3.39 4.22 4.20 4.16 May 2.43 1.51 3.93 3.84 4.46 3.85 4.26 u??¹U????????????????� Apr q????????¹d???????Ð√ 4.45 4.65 4.47 4.92 5.18 5.30 Jun 2.41 1.48 3.60 4.81 4.11 4.49 4.31 Apr q????????¹d???????Ð√u?????????????O??½u?¹ 2.41 1.48 3.89 3.86 4.50 3.95 4.24 May u??¹U????????????????� 4.47 4.94 4.97 5.16 5.27 5.38 May u??¹U????????????????� 2.43 1.51 3.93 3.84 4.46 3.85 4.26 Jun u?????????????O??½u?¹ Jul u?????????????O??�u?¹ 2.41 1.51 3.72 4.71 4.36 4.76 4.09 4.73 4.94 5.10 5.25 5.36 5.47 Jun u?????????????O??½u?¹ 2.41 1.48 3.60 4.81 4.11 4.49 4.31 Aug 2.46 1.50 3.92 4.49 4.49 4.56 4.20 fD�??ž√ Jul u?????????????O??�u?¹ 5.14 5.19 5.16 5.27 5.37 5.46 Sep 2.59 1.54 3.63 4.56 5.06 4.70 4.22 Jul u?????????????O??�u?¹d??³?L??²?³??Ý 2.41 1.51 3.72 4.71 4.36 4.76 4.09 Aug fD�??ž√ 5.12 4.91 5.12 5.20 5.32 5.40 Aug fD�??ž√ 2.46 1.50 3.92 4.49 4.49 4.56 4.20 Sep d??³?L??²?³??Ý Oct d?Ðu?????²??????�√ 2.63 1.51 4.32 4.65 5.30 4.41 4.20 4.96 4.94 5.04 5.05 5.09 5.15 Sep d??³?L??²?³??Ý 2.59 1.54 3.63 4.56 5.06 4.70 4.22 Nov 2.61 1.51 4.16 4.78 5.24 4.56 4.14 d???³???L????�u½ Oct d?Ðu?????²??????�√ 4.99 5.00 5.01 5.12 5.16 5.21 Dec 2.67 1.49 4.01 5.07 5.00 4.38 4.18 Oct d?Ðu?????²??????�√d??³???L??�¹œ 2.63 1.51 4.32 4.65 5.30 4.41 4.20 Nov d???³???L????�u½ 5.02 5.04 5.06 5.12 5.14 5.12 Nov d???³???L????�u½ 2.61 1.51 4.16 4.78 5.24 4.56 4.14 Dec d??³???L??�¹œ Jan 2007 d?????¹U??????M?????¹ 2.62 1.57 4.32 4.96 5.11 4.33 4.11 5.09 5.17 5.05 5.03 5.10 5.13 Dec d??³???L??�¹œ 2.67 1.49 4.01 5.07 5.00 4.38 4.18 Feb 2.74 1.56 4.49 4.88 5.22 4.27 4.27 d?¹«d?????³?????� Jan 2007 d?????¹U??????M?????¹ 5.06 4.94 5.00 5.22 4.97 5.13 Mar 2.70 1.50 4.26 4.99 4.95 4.37 4.25 Jan 2007 d?????¹U??????M?????¹”—U????????????� 2.62 1.57 4.32 4.96 5.11 4.33 4.11 Feb d?¹«d?????³?????� 5.08 5.13 5.11 5.08 5.14 5.13 Feb d?¹«d?????³?????� 2.74 1.56 4.49 4.88 5.22 4.27 4.27 Mar ”—U????????????� Apr q????????¹d???????Ð√ 2.60 1.43 4.49 4.70 4.77 4.44 4.23 5.14 5.18 5.11 5.00 5.13 5.11 Mar ”—U????????????� 2.70 1.50 4.26 4.99 4.95 4.37 4.25 May 2.67 1.50 4.54 4.85 5.09 4.36 4.22 u??¹U????????????????� Apr q????????¹d???????Ð√ 5.19 5.21 5.17 5.02 5.23 5.20 Apr q????????¹d???????Ð√ 2.60 1.43 4.49 4.70 4.77 4.44 4.23 May u??¹U????????????????� 5.18 5.19 5.15 5.23 5.21 5.20 May u??¹U????????????????� 2.67 1.50 4.54 4.85 5.09 4.36 4.22

Monthly Monetary Bulletin, MayMay. 20072007 28 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 27 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, May. 2007 28 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (23) Table No. (23) Interest Rates on Credit Facilities in Qatari Riyal (Weighted Average) PercentInterestAnnual Rates Per RatesAnnum on Credit Facilities in Qatari Riyal (Weighted Average) Percent Per Annum Loans ÷Ëd‡‡� …d²H�« W‡‡‡‡‡‡¹UN½ s¹b� Í—Uł W�uB�� ‚«—Ë√ Loans ÷Ëd‡‡� …d²H�«End of W‡‡‡‡‡‡¹UN½ Period s¹b�Overdraft Í—Uł BillW�uB�� Discounted ‚«—Ë√ End of Period Overdraft Bill Discounted WM‡‡‡Ý s� q�√ «uMÝ ≥ s� q�√ «uMÝ ≥ s� d¦�√ «—UOÝ WO½UL²z« U�UDÐ WM‡‡‡Ý<1-year s� q�√ «uMÝ<3-years ≥ s� q�√ «uMÝ>3-years ≥ s� d¦�√ «—UOÝCars WO½UL²z«Credit U�UDÐCards <1-year <3-years >3-years Cars Credit Cards May u??¹U????????????????� 6.63 7.12 6.64 9.43 8.11 8.31 17.84 May u??¹U????????????????� 6.63 7.12 6.64 9.43 8.11 8.31 17.84 Jun u?????????????O??½u?¹ 6.07 7.77 5.49 9.90 8.15 7.79 17.68 Jun u?????????????O??½u?¹ 6.07 7.77 5.49 9.90 8.15 7.79 17.68 Jul u?????????????O??�u?¹ 6.70 7.58 6.03 9.89 8.03 7.19 17.38 Jul u?????????????O??�u?¹ 6.70 7.58 6.03 9.89 8.03 7.19 17.38 Aug fD�??ž√ 6.41 7.81 6.84 10.05 8.11 7.61 16.89 Aug fD�??ž√ 6.41 7.81 6.84 10.05 8.11 7.61 16.89 Sep d??³?L??²?³??Ý 6.72 6.83 6.85 10.21 8.50 7.41 17.75 Sep d??³?L??²?³??Ý 6.72 6.83 6.85 10.21 8.50 7.41 17.75 Oct d?Ðu?????²??????�√ 7.04 7.80 6.17 10.05 8.16 7.44 18.62 Oct d?Ðu?????²??????�√ 7.04 7.80 6.17 10.05 8.16 7.44 18.62 Nov d???³???L????�u½ 7.08 7.60 6.18 10.05 8.18 4.32 18.09 Nov d???³???L????�u½ 7.08 7.60 6.18 10.05 8.18 4.32 18.09 Dec d??³???L??�¹œ 6.87 7.77 6.35 9.48 8.32 7.44 18.14 Dec d??³???L??�¹œ 6.87 7.77 6.35 9.48 8.32 7.44 18.14 Jan 2006 d?????¹U??????M?????¹ 7.39 7.61 6.64 9.37 8.32 7.49 17.75 Jan 2006 d?????¹U??????M?????¹ 7.39 7.61 6.64 9.37 8.32 7.49 17.75 Feb d?¹«d?????³?????� 7.12 7.40 6.79 8.62 8.66 7.11 18.00 Feb d?¹«d?????³?????� 7.12 7.40 6.79 8.62 8.66 7.11 18.00 Mar ”—U????????????� 7.75 7.58 6.72 9.17 8.68 7.86 17.60 Mar ”—U????????????� 7.75 7.58 6.72 9.17 8.68 7.86 17.60 Apr q????????¹d???????Ð√ 6.65 8.22 6.74 9.41 8.92 8.13 18.03 Apr q????????¹d???????Ð√ 6.65 8.22 6.74 9.41 8.92 8.13 18.03 May u??¹U????????????????� 7.65 7.57 6.86 9.19 8.88 7.63 18.71 May u??¹U????????????????� 7.65 7.57 6.86 9.19 8.88 7.63 18.71 Jun u?????????????O??½u?¹ 7.57 7.47 7.12 9.13 8.79 7.50 18.08 Jun u?????????????O??½u?¹ 7.57 7.47 7.12 9.13 8.79 7.50 18.08 Jul u?????????????O??�u?¹ 7.57 8.26 6.80 9.30 9.03 7.76 18.61 Jul u?????????????O??�u?¹ 7.57 8.26 6.80 9.30 9.03 7.76 18.61 Aug fD�??ž√ 7.80 8.21 7.33 9.35 8.94 7.50 19.42 Aug fD�??ž√ 7.80 8.21 7.33 9.35 8.94 7.50 19.42 Sep d??³?L??²?³??Ý 7.47 8.16 7.33 9.24 8.65 8.37 19.00 Sep d??³?L??²?³??Ý 7.47 8.16 7.33 9.24 8.65 8.37 19.00 Oct d?Ðu?????²??????�√ 7.81 10.07 7.42 9.19 8.53 8.42 18.56 Oct d?Ðu?????²??????�√ 7.81 10.07 7.42 9.19 8.53 8.42 18.56 Nov d???³???L????�u½ 7.23 8.56 7.45 9.08 8.59 8.35 19.52 Nov d???³???L????�u½ 7.23 8.56 7.45 9.08 8.59 8.35 19.52 Dec d??³???L??�¹œ 7.56 7.46 7.33 9.15 8.52 8.61 20.00 Dec d??³???L??�¹œ 7.56 7.46 7.33 9.15 8.52 8.61 20.00 Jan 2007 d?????¹U??????M?????¹ 7.90 7.35 7.20 9.14 8.55 8.59 20.64 Jan 2007 d?????¹U??????M?????¹ 7.90 7.35 7.20 9.14 8.55 8.59 20.64 Feb d?¹«d?????³?????� 7.91 7.53 7.26 9.13 8.49 8.51 20.97 Feb d?¹«d?????³?????� 7.91 7.53 7.26 9.13 8.49 8.51 20.97 Mar ”—U????????????� 8.19 7.99 7.25 9.02 9.34 8.50 19.40 Mar ”—U????????????� 8.19 7.99 7.25 9.02 9.34 8.50 19.40 Apr q????????¹d???????Ð√ 7.64 8.74 7.16 8.85 8.00 8.41 18.82 Apr q????????¹d???????Ð√ 7.64 8.74 7.16 8.85 8.00 8.41 18.82 May u??¹U????????????????� 7.41 8.49 7.63 8.94 9.10 8.48 19.55 May u??¹U????????????????� 7.41 8.49 7.63 8.94 9.10 8.48 19.55

Monthly Monetary Bulletin, May. 2007 29 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« MonthlyQatar Central Monetary Bank Bulletin, MayMay. 20072007 29 ≤∞∞∑ u‡‡¹U�ÍeÖd‡‡‡‡‡*« ¨W‡¹dNA�« d‡‡‡‡‡‡D� W‡¹bIM�« ·d‡‡‡‡‡‡B� …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (24) QMR & Repo Operations In Million of QRs

Table No. (24) U‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡OKLF�« œb‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡Ž U‡‡‡‡‡‡‡‡‡OKLF�« W‡‡‡‡‡‡‡‡LO� ©•® …bzUH�« dFÝ QMR & Repo OperationsNumber of Transactions Value of Transactions Interest Rate Table No. (23) In Million…d²H�« of W‡‡‡‡‡‡¹UN½ QRs Interest Rates on Credit Facilities in Qatari Riyal (Weighted Average) QMR QMR QMR …œUŽ≈ bIM�« ‚uÝ …œUŽ≈ bIM�« ‚uÝ …œUŽ≈ bIM�« ‚uÝ Percent Per Annum U‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡OKLF�« œb‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡‡Ž U‡‡‡‡‡‡‡‡‡OKLF�« W‡‡‡‡‡‡‡‡LO� ©•® …bzUH�« dFÝ End of Period ¡«dA�«Number of Transactions ¡«dA�«Value of Transactions ¡«dA�« Interest Rate Loans ÷«d�≈ Ÿ«b‡‡‡‡‡‡‡‡¹≈ ÷«d�≈ Ÿ«b‡‡‡‡‡‡‡‡¹≈ ÷«d‡‡‡‡‡‡�≈ Ÿ«b‡‡‡‡‡‡‡‡¹≈ …d²H�« W‡‡‡‡‡‡¹UN½ s¹b� Í—Uł W�uB�� ‚«—Ë√ ÷Ëd‡‡� …d²H�« W‡‡‡‡‡‡¹UN½ Repo QMRLending Deposit Repo QMRLending Deposit Repo QMRLending Deposit End of Period Overdraft Bill Discounted …œUŽ≈ bIM�« ‚uÝ …œUŽ≈ bIM�« ‚uÝ …œUŽ≈ bIM�« ‚uÝ WM‡‡‡Ý s� q�√ «uMÝ ≥ s� q�√ «uMÝ ≥ s� d¦�√ «—UOÝ WO½UL²z« U�UDÐ End of Period <1-year <3-years >3-years Cars Credit Cards May u??¹U????????????????� ¡«dA�«0 ÷«d�≈46 Ÿ«b‡‡‡‡‡‡‡‡¹≈755 ¡«dA�«0.0 ÷«d�≈746.6 Ÿ«b‡‡‡‡‡‡‡‡¹≈30,182.1 ¡«dA�«3.90 ÷«d‡‡‡‡‡‡�≈3.30 Ÿ«b‡‡‡‡‡‡‡‡¹≈3.25 May u??¹U????????????????� 6.63 7.12 6.64 9.43 8.11 8.31 17.84 Jun u?????????????O??½u?¹ Repo0 Lending44 Deposit870 Repo0.0 Lending789.0 Deposit35,875.9 Repo3.90 Lending3.30 Deposit3.25 Jun u?????????????O??½u?¹ 6.07 7.77 5.49 9.90 8.15 7.79 17.68 Jul u?????????????O??�u?¹ 0 28 860 0.0 326.1 32,329.5 4.15 3.55 3.50 May u??¹U????????????????� 0 46 755 0.0 746.6 30,182.1 3.90 3.30 3.25 Aug fD�??ž√ 0 38 976 0.0 292.8 39,835.0 4.40 3.80 3.75 Jul u?????????????O??�u?¹ 6.70 7.58 6.03 9.89 8.03 7.19 17.38 Jun u?????????????O??½u?¹ 0 44 870 0.0 789.0 35,875.9 3.90 3.30 3.25 Sep d??³?L??²?³??Ý 0 70 925 0.0 1,220.0 36,313.5 4.65 4.05 4.00 Aug fD�??ž√ 6.41 7.81 6.84 10.05 8.11 7.61 16.89 Sep d??³?L??²?³??Ý 6.72 6.83 6.85 10.21 8.50 7.41 17.75 Jul u?????????????O??�u?¹ 0 28 860 0.0 326.1 32,329.5 4.15 3.55 3.50 Oct d?Ðu?????²??????�√ 0 85 848 0.0 1,916.5 33,984.0 4.85 4.20 4.00 Aug fD�??ž√ 0 38 976 0.0 292.8 39,835.0 4.40 3.80 3.75 Nov d???³???L????�u½ 0 62 835 0.0 1,446.0 30,942.6 4.85 4.25 4.15 Oct d?Ðu?????²??????�√ 7.04 7.80 6.17 10.05 8.16 7.44 18.62 Sep d??³?L??²?³??Ý 0 70 925 0.0 1,220.0 36,313.5 4.65 4.05 4.00 Dec d??³???L??�¹œ 0 101 916 0.0 2,085.2 37,414.0 5.10 4.50 4.40 Nov d???³???L????�u½ 7.08 7.60 6.18 10.05 8.18 4.32 18.09 Dec d??³???L??�¹œ 6.87 7.77 6.35 9.48 8.32 7.44 18.14 Oct d?Ðu?????²??????�√ 0 85 848 0.0 1,916.5 33,984.0 4.85 4.20 4.00 Jan 2006 d?????¹U??????M?????¹ 0 97 605 0.0 1,442.1 29,743.6 5.10 4.50 4.40 Nov d???³???L????�u½ 0 62 835 0.0 1,446.0 30,942.6 4.85 4.25 4.15 2006 Feb d?¹«d?????³?????� 0 106 197 0.0 3,333.5 15,337.5 5.35 4.75 4.65 Jan d?????¹U??????M?????¹ 7.39 7.61 6.64 9.37 8.32 7.49 17.75 Dec d??³???L??�¹œ 0 101 916 0.0 2,085.2 37,414.0 5.10 4.50 4.40 Mar ”—U????????????� 0 92 275 0.0 2,031.9 24,528.9 5.35 4.75 4.65 Feb d?¹«d?????³?????� 7.12 7.40 6.79 8.62 8.66 7.11 18.00 Mar ”—U????????????� 7.75 7.58 6.72 9.17 8.68 7.86 17.60 Jan 2006 d?????¹U??????M?????¹ 0 97 605 0.0 1,442.1 29,743.6 5.10 4.50 4.40 Apr q????????¹d???????Ð√ 0 108 275 0.0 2,186.8 22,816.9 5.60 5.00 4.90 Feb d?¹«d?????³?????� 0 106 197 0.0 3,333.5 15,337.5 5.35 4.75 4.65 May u??¹U????????????????� 0 111 264 0.0 1,510.9 27,602.7 5.85 5.25 5.15 Apr q????????¹d???????Ð√ 6.65 8.22 6.74 9.41 8.92 8.13 18.03 Mar ”—U????????????� 0 92 275 0.0 2,031.9 24,528.9 5.35 4.75 4.65 Jun u?????????????O??½u?¹ 0 134 267 0.0 1,974.2 23,029.2 5.85 5.25 5.15 May u??¹U????????????????� 7.65 7.57 6.86 9.19 8.88 7.63 18.71 Jun u?????????????O??½u?¹ 7.57 7.47 7.12 9.13 8.79 7.50 18.08 Apr q????????¹d???????Ð√ 0 108 275 0.0 2,186.8 22,816.9 5.60 5.00 4.90 Jul u?????????????O??�u?¹ 0 111 317 0.0 3,015.3 33,597.0 5.55 5.50 5.15 May u??¹U????????????????� 0 111 264 0.0 1,510.9 27,602.7 5.85 5.25 5.15 Aug fD�??ž√ 0 125 275 0.0 2,896.3 29,876.8 5.55 5.50 5.15 Jul u?????????????O??�u?¹ 7.57 8.26 6.80 9.30 9.03 7.76 18.61 Jun u?????????????O??½u?¹ 0 134 267 0.0 1,974.2 23,029.2 5.85 5.25 5.15 Sep d??³?L??²?³??Ý 0 106 186 0.0 3,039.0 15,963.0 5.55 5.50 5.15 Aug fD�??ž√ 7.80 8.21 7.33 9.35 8.94 7.50 19.42 Sep d??³?L??²?³??Ý 7.47 8.16 7.33 9.24 8.65 8.37 19.00 Jul u?????????????O??�u?¹ 0 111 317 0.0 3,015.3 33,597.0 5.55 5.50 5.15 Oct d?Ðu?????²??????�√ 0 126 192 0.0 2,973.3 25,305.4 5.55 5.50 5.15 Aug fD�??ž√ 0 125 275 0.0 2,896.3 29,876.8 5.55 5.50 5.15 Nov d???³???L????�u½ 0 115 209 0.0 1,824.7 29,585.3 5.55 5.50 5.15 Oct d?Ðu?????²??????�√ 7.81 10.07 7.42 9.19 8.53 8.42 18.56 Sep d??³?L??²?³??Ý 0 106 186 0.0 3,039.0 15,963.0 5.55 5.50 5.15 Dec d??³???L??�¹œ 0 110 172 0.0 3,106.3 27,885.0 5.55 5.50 5.15 Nov d???³???L????�u½ 7.23 8.56 7.45 9.08 8.59 8.35 19.52 Dec d??³???L??�¹œ 7.56 7.46 7.33 9.15 8.52 8.61 20.00 Oct d?Ðu?????²??????�√ 0 126 192 0.0 2,973.3 25,305.4 5.55 5.50 5.15 Jan 2007 d?????¹U??????M?????¹ 0 133 160 0.0 3,352.7 18,319.0 5.55 5.50 5.15 Nov d???³???L????�u½ 0 115 209 0.0 1,824.7 29,585.3 5.55 5.50 5.15 2007 Feb d?¹«d?????³?????� 1 128 165 200.0 5,158.2 29,413.5 5.55 5.50 5.15 Jan d?????¹U??????M?????¹ 7.90 7.35 7.20 9.14 8.55 8.59 20.64 Dec d??³???L??�¹œ 0 110 172 0.0 3,106.3 27,885.0 5.55 5.50 5.15 Mar ”—U????????????� 2 123 153 450.0 5,158.2 31,956.0 5.55 5.50 5.15 Feb d?¹«d?????³?????� 7.91 7.53 7.26 9.13 8.49 8.51 20.97 Mar ”—U????????????� 8.19 7.99 7.25 9.02 9.34 8.50 19.40 Jan 2007 d?????¹U??????M?????¹ 0 133 160 0.0 3,352.7 18,319.0 5.55 5.50 5.15 Apr q????????¹d???????Ð√ 1 154 194 150.0 7,879.1 28,219.5 5.55 5.50 5.15 Feb d?¹«d?????³?????� 1 128 165 200.0 5,158.2 29,413.5 5.55 5.50 5.15 May u??¹U????????????????� 0 143 215 0.0 6,948.7 25,600.0 5.55 5.50 5.15 Apr q????????¹d???????Ð√ 7.64 8.74 7.16 8.85 8.00 8.41 18.82 Mar ”—U????????????� 2 123 153 450.0 5,158.2 31,956.0 5.55 5.50 5.15 May u??¹U????????????????� 7.41 8.49 7.63 8.94 9.10 8.48 19.55

Apr q????????¹d???????Ð√ 1 154 194 150.0 7,879.1 28,219.5 5.55 5.50 5.15 May u??¹U????????????????� 0 143 215 0.0 6,948.7 25,600.0 5.55 5.50 5.15

Monthly Monetary Bulletin, MayMay. 20072007 30 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 29 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, May. 2007 30 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (25) Domestic Government Bonds InAnnual Million Rates of QRs W‡LOI�« rzUI�« bO�d�« —«b�ù« a¹—Uð ‚UI×²Ýô« a¹—Uð …bzUH�« dFÝ

Issuances Value Outstanding Issuance Maturity Date % «—«b‡‡‡‡‡�ù« Balance Date Interest Rate Table No. (25) Domestic Government Bonds First Issuance 2,000 0 30/06/1999 30/06/2002 7.75 ‰Ë_« —«b???????????�ù« In Million of QRs Second Issuance W‡LOI�«1,000 rzUI�« bO�d�«0 —«b�ù«20/12/1999 a¹—Uð ‚UI×²Ýô«20/12/2004 a¹—Uð …bzUH�«8 dFÝ w½U?????¦�« —«b????�ù«

Issuances Value Outstanding Issuance Maturity Date % «—«b‡‡‡‡‡�ù« Third Issuance 2,000 0 26/12/1999 26/12/2004 8 Y�U????¦�« —«b????�ù« Balance Date Interest Rate Fourth Issuance 2,000 0 30/06/2002 30/06/2005 5 - 7 * l?Ð«d?�« —«b???????�ù« First Issuance 2,000 0 30/06/1999 30/06/2002 7.75 ‰Ë_« —«b???????????�ù« Fifth Issuance 1,000 1,000 20/12/2004 20/12/2009 5 f�U?)« —«b�ù« Second Issuance 1,000 0 20/12/1999 20/12/2004 8 w½U?????¦�« —«b????�ù« Sixth Issuance 2,000 2,000 26/12/2004 26/12/2009 5 ”œU?��« —«b?�ù« Third Issuance 2,000 0 26/12/1999 26/12/2004 8 Y�U????¦�« —«b????�ù« Seventh Issuance 2,000 2,000 30/06/2005 30/06/2010 5.5 - 7 ** lÐU????��« —«b???�ù« Fourth Issuance 2,000 0 30/06/2002 30/06/2005 5 - 7 * l?Ð«d?�« —«b???????�ù« Total 12,000 5,000 - - - w�ULłù« Fifth Issuance 1,000 1,000 20/12/2004 20/12/2009 5 f�U?)« —«b�ù« * Equals to the QCBDR Rate plus 2% with min of 5% and max of 7%. Æ•∑ vB�√ bŠË ¨•µ v½œ√ b×Ð •≤ «bz«“Î Ÿ«b¹û� ·dB*« dFÝ ‰œUFð * **Sixth Equals Issuance to the QCBDR Rate plus2,000 1% with min of 5.5%2,000 and max of 7%.26/12/2004 26/12/2009Æ•∑ vB�√ bŠË ¨•µ[µ v½œ√ b×Ð5 •± «bz«“Î Ÿ«b¹û� ·dB*«”œU?��« dFÝ —«b?�ù«‰œUFð **

Seventh Issuance 2,000 2,000 30/06/2005 30/06/2010 5.5 - 7 ** lÐU????��« —«b???�ù«

Total 12,000 5,000 - - - w�ULłù«

* Equals to the QCBDR Rate plus 2% with min of 5% and max of 7%. Æ•∑ vB�√ bŠË ¨•µ v½œ√ b×Ð •≤ «bz«“Î Ÿ«b¹û� ·dB*« dFÝ ‰œUFð * ** Equals to the QCBDR Rate plus 1% with min of 5.5% and max of 7%. Æ•∑ vB�√ bŠË ¨•µ[µ v½œ√ b×Ð •± «bz«“Î Ÿ«b¹û� ·dB*« dFÝ ‰œUFð **

Monthly Monetary Bulletin, May. 2007 31 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B�

Monthly Monetary Bulletin, MayMay. 20072007 31 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (26) Exchange Rate of GCC States and Major Currencies against QR Table No. (26) QR. Exchange Rate Rates of ofGCC GCC States and and Major Major Currencies Currencies against against QR QR QR. ‰U¹d�« r¼—œ —UM¹b�« ‰U¹d�« —UM¹b�« Ë—u‡‡‡‡‡¹ w½UÐU¹ s¹ t‡‡‡‡‡OMł p½d� …d‡‡‡²H�« ‰b‡‡‡F� ÍœuF��« «—U�ù« wM¹d×³�« w½ULF�« w²¹uJ�« ©WzU� q�® w‡‡MO�d²Ý« Íd�¹uÝ ‰U¹d�« r¼—œ —UM¹b�« ‰U¹d�« —UM¹b�« Ë—u‡‡‡‡‡¹ w½UÐU¹ s¹ t‡‡‡‡‡OMł p½d� Period Average Saudi Riyal UAE Bahraini Omani Kuwaiti Euro Japanese Yen Sterling Swiss …d‡‡‡²H�« ‰b‡‡‡F� ÍœuF��« «—U�ù« wM¹d×³�« w½ULF�« w²¹uJ�« ©WzU� q�® w‡‡MO�d²Ý« Íd�¹uÝ Dirham Dinar Riyal Dinar (Per Hundred) Pound Franc Period Average Saudi Riyal UAE Bahraini Omani Kuwaiti Euro Japanese Yen Sterling Swiss May 0.9720 Dirham0.9912 9.6809Dinar 9.4668Riyal 12.4659Dinar 4.6198 (Per3.4046 Hundred) 6.7613Pound 2.9822Franc u??¹U????????????????� Table No. (25) Jun u?????????????O??½u?¹ 0.9720 0.9912 9.6809 9.4668 12.4659 4.4282 3.3508 6.6204 2.8786 May u??¹U????????????????� 0.9720 0.9912 9.6809 9.4668 12.4659 4.6198 3.4046 6.7613 2.9822 Domestic Government Bonds In Million of QRs JulJun u?????????????O??�u?¹u?????????????O??½u?¹ 0.9720 0.9912 9.6809 9.4668 12.4659 4.38034.4282 3.25193.3508 6.37366.6204 2.81302.8786 Aug fD�??ž√ 0.9720 0.9912 9.6809 9.4668 12.4658 4.4717 3.2875 6.5265 2.8820 W‡LOI�« rzUI�« bO�d�« —«b�ù« a¹—Uð ‚UI×²Ýô« a¹—Uð …bzUH�« dFÝ Jul u?????????????O??�u?¹ 0.9720 0.9912 9.6809 9.4668 12.4659 4.3803 3.2519 6.3736 2.8130 Sep d??³?L??²?³??Ý 0.9720 0.9912 9.6809 9.4668 12.4658 4.4605 3.2776 6.5826 2.8767 Outstanding Issuance Maturity Date % «—«b‡‡‡‡‡�ù« Aug fD�??ž√ 0.9720 0.9912 9.6809 9.4668 12.4658 4.4717 3.2875 6.5265 2.8820 Issuances Value OctSep d?Ðu?????²??????�√d??³?L??²?³??Ý 0.9720 0.9912 9.6809 9.4668 12.465912.4658 4.37324.4605 3.17033.2776 6.41996.5826 2.82352.8767 Balance Date Interest Rate Nov d???³???L????�u½ 0.9720 0.9912 9.6809 9.4668 12.4659 4.2897 3.0741 6.3165 2.7770 Oct d?Ðu?????²??????�√ 0.9720 0.9912 9.6809 9.4668 12.4659 4.3732 3.1703 6.4199 2.8235 Dec d??³???L??�¹œ 0.9720 0.9912 9.6809 9.4668 12.4658 4.3154 3.0681 6.3532 2.7870 First Issuance 2,000 0 30/06/1999 30/06/2002 7.75 ‰Ë_« —«b???????????�ù« Nov d???³???L????�u½ 0.9720 0.9912 9.6809 9.4668 12.4659 4.2897 3.0741 6.3165 2.7770 JanDec 2006 d?????¹U??????M?????¹d??³???L??�¹œ 0.9720 0.9912 9.6809 9.4668 12.4658 4.40524.3154 3.15283.0681 6.42936.3532 2.84672.7870 Second Issuance 1,000 0 20/12/1999 20/12/2004 8 w½U?????¦�« —«b????�ù« Feb d?¹«d?????³?????� 0.9720 0.9912 9.6809 9.4668 12.4658 4.3454 3.0877 6.3633 2.7881 Jan 2006 d?????¹U??????M?????¹ 0.9720 0.9912 9.6809 9.4668 12.4658 4.4052 3.1528 6.4293 2.8467 Mar ”—U????????????� 0.9720 0.9912 9.6809 9.4668 12.4658 4.3751 3.1028 6.3461 2.7876 Third Issuance 2,000 0 26/12/1999 26/12/2004 8 Y�U????¦�« —«b????�ù« Feb d?¹«d?????³?????� 0.9720 0.9912 9.6809 9.4668 12.4658 4.3454 3.0877 6.3633 2.7881 AprMar q????????¹d???????Ð√”—U????????????� 0.9720 0.9912 9.6809 9.4668 12.4658 4.46624.3751 3.10833.1028 6.43036.3461 2.83472.7876 Fourth Issuance 2,000 0 30/06/2002 30/06/2005 5 - 7 * l?Ð«d?�« —«b???????�ù« May u??¹U????????????????� 0.9720 0.9912 9.6809 9.4668 12.5431 4.6480 3.2614 6.8055 2.9869 Apr q????????¹d???????Ð√ 0.9720 0.9912 9.6809 9.4668 12.4658 4.4662 3.1083 6.4303 2.8347 Jun u?????????????O??½u?¹ 0.9720 0.9912 9.6809 9.4668 12.5889 4.6042 3.1781 6.7103 2.9513 Fifth Issuance 1,000 1,000 20/12/2004 20/12/2009 5 f�U?)« —«b�ù« May u??¹U????????????????� 0.9720 0.9912 9.6809 9.4668 12.5431 4.6480 3.2614 6.8055 2.9869 JulJun u?????????????O??�u?¹u?????????????O??½u?¹ 0.9720 0.9912 9.6809 9.4668 12.589412.5889 4.61674.6042 3.14683.1781 6.71356.7103 2.94422.9513 Sixth Issuance 2,000 2,000 26/12/2004 26/12/2009 5 ”œU?��« —«b?�ù« Aug fD�??ž√ 0.9720 0.9912 9.6809 9.4668 12.5890 4.6633 3.1412 6.8899 2.9570 Jul u?????????????O??�u?¹ 0.9720 0.9912 9.6809 9.4668 12.5894 4.6167 3.1468 6.7135 2.9442 Sep d??³?L??²?³??Ý 0.9720 0.9912 9.6809 9.4668 12.5889 4.6327 3.1109 6.8660 2.9242 Seventh Issuance 2,000 2,000 30/06/2005 30/06/2010 5.5 - 7 ** lÐU????��« —«b???�ù« Aug fD�??ž√ 0.9720 0.9912 9.6809 9.4668 12.5890 4.6633 3.1412 6.8899 2.9570 OctSep d?Ðu?????²??????�√d??³?L??²?³??Ý 0.9720 0.9912 9.6809 9.4668 12.5889 4.59034.6327 3.06763.1109 6.82496.8660 2.88702.9242 Total 12,000 5,000 - - - w�ULłù« Nov d???³???L????�u½ 0.9720 0.9912 9.6809 9.4668 12.5889 4.6882 3.1019 6.9586 2.9396 Oct d?Ðu?????²??????�√ 0.9720 0.9912 9.6809 9.4668 12.5889 4.5903 3.0676 6.8249 2.8870 Dec d??³???L??�¹œ 0.9720 0.9912 9.6809 9.4668 12.5889 4.8093 3.1077 7.1484 3.0111 * Equals to the QCBDR Rate plus 2% with min of 5% and max of 7%. Î * Nov d???³???L????�u½ 0.9720 0.9912 9.6809 9.4668 12.5889 4.6882 3.1019 6.9586 2.9396 Æ•∑ vB�√ bŠË ¨•µ v½œ√ b×Ð •≤ «bz«“ Ÿ«b¹û� ·dB*« dFÝ ‰œUFð ** Equals to the QCBDR Rate plus 1% with min of 5.5% and max of 7%. Æ•∑ vB�√ bŠË ¨•µ[µ v½œ√ b×Ð •± «bz«“Î Ÿ«b¹û� ·dB*« dFÝ ‰œUFð ** JanDec 2007 d?????¹U??????M?????¹d??³???L??�¹œ 0.9720 0.9912 9.6809 9.4668 12.589012.5889 4.73134.8093 3.01883.1077 7.13207.1484 2.92443.0111 Feb d?¹«d?????³?????� 0.9720 0.9912 9.6809 9.4668 12.5890 4.7588 3.0221 7.1230 2.9313 Jan 2007 d?????¹U??????M?????¹ 0.9720 0.9912 9.6809 9.4668 12.5890 4.7313 3.0188 7.1320 2.9244 Mar ”—U????????????� 0.9720 0.9912 9.6809 9.4668 12.5890 4.8199 3.1038 7.0882 2.9866 Feb d?¹«d?????³?????� 0.9720 0.9912 9.6809 9.4668 12.5890 4.7588 3.0221 7.1230 2.9313 AprMar q????????¹d???????Ð√”—U????????????� 0.9720 0.9912 9.6809 9.4668 12.5890 4.91964.8199 3.06223.1038 7.24357.0882 3.00272.9866 May u??¹U????????????????� 0.9720 0.9912 9.6809 9.4668 12.6085 4.9181 3.0150 7.2203 2.9786 Apr q????????¹d???????Ð√ 0.9720 0.9912 9.6809 9.4668 12.5890 4.9196 3.0622 7.2435 3.0027 May u??¹U????????????????� 0.9720 0.9912 9.6809 9.4668 12.6085 4.9181 3.0150 7.2203 2.9786

Monthly Monetary Bulletin, MayMay. 20072007 32 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Monthly Monetary Bulletin, May. 2007 31 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Monthly Monetary Bulletin, May. 2007 32 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (27) Doha Securities Market Table No. (27) DohaIn Million Securities of QRs Market In Million of QRs W‡‡‡ŽUMB�« ŸU‡D� U�b)« ŸU‡D� 5�Q²�« ŸU‡D� „u‡‡‡‡‡‡M³�« ŸU‡D� w�ULłù« …d²H�« W‡‡‡‡‡‡¹UN½ IndustrialW‡‡‡ŽUMB�« SectorŸU‡D� Services U�b)« Sector ŸU‡D� Insurance5�Q²�« ŸU‡D� Sector „u‡‡‡‡‡‡M³�«Banking Sector ŸU‡D� w�ULłù«Total …d²H�« W‡‡‡‡‡‡¹UN½ Industrial Sector Services Sector Insurance Sector Banking Sector Total End of Period ÂUF�« dýR*« End of Period General Index ÂUF�« dýR*« rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ …bOI*« UÖd‡A�« œbŽ No. of Listed Conpanies r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� General Index No. of Shares No. of Shares No. of Shares No. of Shares No. of Shares Value of Shares Value of Shares Value of Shares Value of Shares Value of Shares rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ …bOI*« UÖd‡A�« œbŽ No. of Listed Conpanies r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� No. of Shares No. of Shares No. of Shares No. of Shares No. of Shares

May u??¹U????????????????� 31 9,078.04 13,741,671 1,465.4Value of Shares 40,772,115 1,824.3Value of Shares 1,027,856 238.9 Value of Shares 6,204,601 1,399.4Value of Shares 61,746,243 4,928.0Value of Shares MayJun u??¹U????????????????�u?????????????O??½u?¹ 31 10,484.109,078.04 13,741,67128,575,134 1,465.43,645.8 40,772,11559,561,973 1,824.33,011.0 1,027,8561,143,898 238.9226.6 13,423,5026,204,601 1,399.43,750.1 102,704,50761,746,243 10,633.54,928.0 Jun u?????????????O??½u?¹ 31 10,484.10 28,575,134 3,645.8 59,561,973 3,011.0 1,143,898 226.6 13,423,502 3,750.1 102,704,507 10,633.5 Jul u?????????????O??�u?¹ 31 10,152.93 12,361,996 1,515.9 37,993.067 1,898.8 675,492 175.7 5,373,998 1,677.3 56,404,553 5,267.7 JulAug u?????????????O??�u?¹fD�??ž√ 31 10,152.9312,206.30 12,361,99621,647,857 1,515.92,749.1 37,993.06798,778,709 1,898.85,655.7 1,148,501675,492 175.7308.8 11,237,1475,373,998 1,677.33,987.9 132,812,21456,404,553 12,701.55,267.7 AugSep fD�??ž√d??³?L??²?³??Ý 3132 12,206.3012,512.23 21,647,85717,558,060 2,749.12,161.1 133,594,27798,778,709 5,655.79,262.8 1,148,501728,778 308.8143.8 11,237,1476,703,688 3,987.92,390.4 132,812,214158,584,803 12,701.513,958.1 Sep d??³?L??²?³??Ý 32 12,512.23 17,558,060 2,161.1 133,594,277 9,262.8 728,778 143.8 6,703,688 2,390.4 158,584,803 13,958.1 Oct d?Ðu?????²??????�√ 32 12,445.44 13,295,210 1,715.6 81,725,706 5,549.9 1,631,842 373.5 6,931,131 2,404.9 103,583,889 10,043.9 OctNov d?Ðu?????²??????�√d???³???L????�u½ 32 12,445.4410,943.78 13,295,2108,877,539 1,715.61,089.3 81,725,70653,944,142 5,549.93,585.8 1,631,842865,004 373.5173.3 6,931,1314,111,218 2,404.91,295.5 103,583,88967,797,903 10,043.96,143.9 NovDec d???³???L????�u½d??³???L??�¹œ 32 10,943.7811,053.06 14,859,7448,877,539 1,089.31,768.6 53,944,14263,409.892 3,585.83,890.5 865,004957,503 173.3215.4 4,111,2187,663,936 1,295.52,377.9 67,797,90386,891,075 6,143.98,252.4 Dec d??³???L??�¹œ 32 11,053.06 14,859,744 1,768.6 63,409.892 3,890.5 957,503 215.4 7,663,936 2,377.9 86,891,075 8,252.4 Jan 2006 d?????¹U??????M?????¹ 32 10,526.12 10,358,972 1,155.5 44,883,408 2,340.5 847,849 210.8 6,489,127 2,065.7 62,579,356 5,772.5 JanFeb 2006 d?????¹U??????M?????¹d?¹«d?????³?????� 3233 10,526.128,599.78 10,358,9726,405,629 1,155.5663.7 44,883,40856,885,342 2,340.52,233.0 847,849950,914 210.8162.0 6,489,1274,052,432 2,065.71,150.9 62,579,35668,294,317 5,772.54,209.6 FebMar d?¹«d?????³?????�”—U????????????� 33 8,599.788,938.61 12,123,2096,405,629 1,115.0663.7 56,885,34290,690,710 2,233.03,204.2 1,725,640950,914 162.0274.4 11,481,0644,052,432 1,150.92,723.4 116,020,62368,294,317 4,209.67,317.0 Mar ”—U????????????� 33 8,938.61 12,123,209 1,115.0 90,690,710 3,204.2 1,725,640 274.4 11,481,064 2,723.4 116,020,623 7,317.0 Apr q????????¹d???????Ð√ 33 8,963.92 20,105,580 1,490.9 95,586,670 3,216.2 1,688,717 288.6 13,349,268 2,644.6 130,730,235 7,640.3 AprMay q????????¹d???????Ð√u??¹U????????????????� 33 8,963.927,622.68 20,105,58019,084,184 1,490.91,295.0 95,586,67080,345,299 3,216.22,471.0 1,688,7171,129,550 288.6182.5 13,349,26812,029,733 2,644.62,074.3 112,588,766130,730,235 7,640.36,022.8 MayJun u??¹U????????????????�u?????????????O??½u?¹ 3334 7,622.687,627.92 19,084,1847,072,691 1,295.0479.1 80,345,29952,000,427 2,471.01,571.4 1,129,5501,616,427 182.5218.6 12,029,73362,541,080 2,074.32,110.0 112,588,766123,230,625 6,022.84,379.1 Jun u?????????????O??½u?¹ 34 7,627.92 7,072,691 479.1 52,000,427 1,571.4 1,616,427 218.6 62,541,080 2,110.0 123,230,625 4,379.1 Jul u?????????????O??�u?¹ 35 7,904.92 10,578,639 652.7 98,804,971 2,788.9 2,078,811 266.4 162,431,281 5,555.9 273,893,702 9,263.9 JulAug u?????????????O??�u?¹fD�??ž√ 3536 7,904.927,729.36 10,578,63931,329,629 1,274.8652.7 167,344,06598,804,971 2,788.95,012.3 2,078,8111,983,898 266.4245.3 162,431,28184,897,111 5,555.92,977.6 285,554,703273,893,702 9,263.99,510.0 AugSep fD�??ž√d??³?L??²?³??Ý 36 7,729.367,518.96 31,329,62923,973,535 1,274.8854.6 167,344,06546,433,625 5,012.31,284.7 1,983,898627,343 245.370.3 84,897,11156,478,370 2,977.61,800.0 285,554,703127,512,873 9,510.04,009.6 Sep d??³?L??²?³??Ý 36 7,518.96 23,973,535 854.6 46,433,625 1,284.7 627,343 70.3 56,478,370 1,800.0 127,512,873 4,009.6 Oct d?Ðu?????²??????�√ 36 7,185.72 13,251,811 464.2 42,630,115 1,167.1 810,508 74.0 97,810,357 3,213.7 154,502,791 4,919.0 OctNov d?Ðu?????²??????�√d???³???L????�u½ 36 7,185.725,954.41 13,251,81117,150,710 464.2621.4 42,630,11556,878,495 1,167.11,405.7 1,039,235810,508 74.084.6 97,810,35786,872,500 3,213.72,473.7 161,940,940154,502,791 4,919.04,585.4 NovDec d???³???L????�u½d??³???L??�¹œ 36 5,954.417,133.00 17,150,71020,457,088 621.4782.3 56,878,49579,350,488 1,405.71,794.4 1,039,2352,822,912 260.984.6 145,961,57586,872,500 2,473.74,479.9 161,940,940248,592,063 4,585.47,317.5 Dec d??³???L??�¹œ 36 7,133.00 20,457,088 782.3 79,350,488 1,794.4 2,822,912 260.9 145,961,575 4,479.9 248,592,063 7,317.5 Jan 2007 d?????¹U??????M?????¹ 36 6,434.02 13,556,089 476.7 142,312,903 3,040.0 4,152,304 449.4 60,776,943 2,659.1 220,798,239 6,625.2 JanFeb 2007 d?????¹U??????M?????¹d?¹«d?????³?????� 36 6,434.026,305.21 13,556,08913,447,670 476.7534.6 142,312,90370,282,192 3,040.01,409.3 4,152,3043,226,635 449.4265.6 60,776,94357,559,838 2,659.12,453.9 144,516,335220,798,239 6,625.24,663.4 FebMar d?¹«d?????³?????�”—U????????????� 36 6,305.216,050.35 13,447,67024,312,019 534.6924.5 100,110,49870,282,192 1,409.32,319.0 3,226,6351,637,929 265.692.3 57,559,83851,005,153 2,453.91,587.2 144,516,335177,065,599 4,663.44,923.0 Mar ”—U????????????� 36 6,050.35 24,312,019 924.5 100,110,498 2,319.0 1,637,929 92.3 51,005,153 1,587.2 177,065,599 4,923.0 Apr q????????¹d???????Ð√ 36 6,515.94 17,746,373 684.4 75,362,786 1,838.6 2,184,293 124.5 60,646,605 2,176.8 155,940,057 4,824.3 AprMay q????????¹d???????Ð√u??¹U????????????????� 36 6,515.947,307.51 17,746,37351,796,234 2,002.3684.4 214,288,55975,362,786 1,838.65,865.3 10,113,7832,184,293 124.5679.4 167,183,64460,646,605 2,176.85,991.4 443,382,220155,940,057 14,538.44,824.3 May u??¹U????????????????� 36 7,307.51 51,796,234 2,002.3 214,288,559 5,865.3 10,113,783 679.4 167,183,644 5,991.4 443,382,220 14,538.4 امل�صدر:»*bB—∫ موقعuÝ‚ �سوق »�WŠËb الدوحة ل أال�Ëú—»‚ وراق »*ÆWO�Uاملالية على إالنرتنت .Source: Doha Securities Market. Website Source: Doha Securities Market. ÆWO�U*« ‚«—Ëú� WŠËb�« ‚uÝ ∫—bB*«

Monthly Monetary Bulletin, May. 2007 33 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Monthly Monetary Bulletin, MayMay. 20072007 33 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Table No. (27) Doha Securities Market Table No. (27) DohaIn Million Securities of QRs Market In Million of QRs W‡‡‡ŽUMB�« ŸU‡D� U�b)« ŸU‡D� 5�Q²�« ŸU‡D� „u‡‡‡‡‡‡M³�« ŸU‡D� w�ULłù« …d²H�« W‡‡‡‡‡‡¹UN½ IndustrialW‡‡‡ŽUMB�« SectorŸU‡D� Services U�b)« Sector ŸU‡D� Insurance5�Q²�« ŸU‡D� Sector „u‡‡‡‡‡‡M³�«Banking Sector ŸU‡D� w�ULłù«Total …d²H�« W‡‡‡‡‡‡¹UN½ Industrial Sector Services Sector Insurance Sector Banking Sector Total End of Period ÂUF�« dýR*« End of Period General Index ÂUF�« dýR*« rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ …bOI*« UÖd‡A�« œbŽ No. of Listed Conpanies r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� General Index No. of Shares No. of Shares No. of Shares No. of Shares No. of Shares Value of Shares Value of Shares Value of Shares Value of Shares Value of Shares rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ rNÝ_« œbŽ …bOI*« UÖd‡A�« œbŽ No. of Listed Conpanies r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� r‡NÝ_« WLO� No. of Shares No. of Shares No. of Shares No. of Shares No. of Shares

May u??¹U????????????????� 31 9,078.04 13,741,671 1,465.4Value of Shares 40,772,115 1,824.3Value of Shares 1,027,856 238.9 Value of Shares 6,204,601 1,399.4Value of Shares 61,746,243 4,928.0Value of Shares MayJun u??¹U????????????????�u?????????????O??½u?¹ 31 10,484.109,078.04 13,741,67128,575,134 1,465.43,645.8 40,772,11559,561,973 1,824.33,011.0 1,027,8561,143,898 238.9226.6 13,423,5026,204,601 1,399.43,750.1 102,704,50761,746,243 10,633.54,928.0 Jun u?????????????O??½u?¹ 31 10,484.10 28,575,134 3,645.8 59,561,973 3,011.0 1,143,898 226.6 13,423,502 3,750.1 102,704,507 10,633.5 Jul u?????????????O??�u?¹ 31 10,152.93 12,361,996 1,515.9 37,993.067 1,898.8 675,492 175.7 5,373,998 1,677.3 56,404,553 5,267.7 JulAug u?????????????O??�u?¹fD�??ž√ 31 10,152.9312,206.30 12,361,99621,647,857 1,515.92,749.1 37,993.06798,778,709 1,898.85,655.7 1,148,501675,492 175.7308.8 11,237,1475,373,998 1,677.33,987.9 132,812,21456,404,553 12,701.55,267.7 AugSep fD�??ž√d??³?L??²?³??Ý 3132 12,206.3012,512.23 21,647,85717,558,060 2,749.12,161.1 133,594,27798,778,709 5,655.79,262.8 1,148,501728,778 308.8143.8 11,237,1476,703,688 3,987.92,390.4 132,812,214158,584,803 12,701.513,958.1 Sep d??³?L??²?³??Ý 32 12,512.23 17,558,060 2,161.1 133,594,277 9,262.8 728,778 143.8 6,703,688 2,390.4 158,584,803 13,958.1 Oct d?Ðu?????²??????�√ 32 12,445.44 13,295,210 1,715.6 81,725,706 5,549.9 1,631,842 373.5 6,931,131 2,404.9 103,583,889 10,043.9 OctNov d?Ðu?????²??????�√d???³???L????�u½ 32 12,445.4410,943.78 13,295,2108,877,539 1,715.61,089.3 81,725,70653,944,142 5,549.93,585.8 1,631,842865,004 373.5173.3 6,931,1314,111,218 2,404.91,295.5 103,583,88967,797,903 10,043.96,143.9 NovDec d???³???L????�u½d??³???L??�¹œ 32 10,943.7811,053.06 14,859,7448,877,539 1,089.31,768.6 53,944,14263,409.892 3,585.83,890.5 865,004957,503 173.3215.4 4,111,2187,663,936 1,295.52,377.9 67,797,90386,891,075 6,143.98,252.4 Dec d??³???L??�¹œ 32 11,053.06 14,859,744 1,768.6 63,409.892 3,890.5 957,503 215.4 7,663,936 2,377.9 86,891,075 8,252.4 Jan 2006 d?????¹U??????M?????¹ 32 10,526.12 10,358,972 1,155.5 44,883,408 2,340.5 847,849 210.8 6,489,127 2,065.7 62,579,356 5,772.5 JanFeb 2006 d?????¹U??????M?????¹d?¹«d?????³?????� 3233 10,526.128,599.78 10,358,9726,405,629 1,155.5663.7 44,883,40856,885,342 2,340.52,233.0 847,849950,914 210.8162.0 6,489,1274,052,432 2,065.71,150.9 62,579,35668,294,317 5,772.54,209.6 FebMar d?¹«d?????³?????�”—U????????????� 33 8,599.788,938.61 12,123,2096,405,629 1,115.0663.7 56,885,34290,690,710 2,233.03,204.2 1,725,640950,914 162.0274.4 11,481,0644,052,432 1,150.92,723.4 116,020,62368,294,317 4,209.67,317.0 Mar ”—U????????????� 33 8,938.61 12,123,209 1,115.0 90,690,710 3,204.2 1,725,640 274.4 11,481,064 2,723.4 116,020,623 7,317.0 Apr q????????¹d???????Ð√ 33 8,963.92 20,105,580 1,490.9 95,586,670 3,216.2 1,688,717 288.6 13,349,268 2,644.6 130,730,235 7,640.3 AprMay q????????¹d???????Ð√u??¹U????????????????� 33 8,963.927,622.68 20,105,58019,084,184 1,490.91,295.0 95,586,67080,345,299 3,216.22,471.0 1,688,7171,129,550 288.6182.5 13,349,26812,029,733 2,644.62,074.3 112,588,766130,730,235 7,640.36,022.8 MayJun u??¹U????????????????�u?????????????O??½u?¹ 3334 7,622.687,627.92 19,084,1847,072,691 1,295.0479.1 80,345,29952,000,427 2,471.01,571.4 1,129,5501,616,427 182.5218.6 12,029,73362,541,080 2,074.32,110.0 112,588,766123,230,625 6,022.84,379.1 Jun u?????????????O??½u?¹ 34 7,627.92 7,072,691 479.1 52,000,427 1,571.4 1,616,427 218.6 62,541,080 2,110.0 123,230,625 4,379.1 Jul u?????????????O??�u?¹ 35 7,904.92 10,578,639 652.7 98,804,971 2,788.9 2,078,811 266.4 162,431,281 5,555.9 273,893,702 9,263.9 JulAug u?????????????O??�u?¹fD�??ž√ 3536 7,904.927,729.36 10,578,63931,329,629 1,274.8652.7 167,344,06598,804,971 2,788.95,012.3 2,078,8111,983,898 266.4245.3 162,431,28184,897,111 5,555.92,977.6 285,554,703273,893,702 9,263.99,510.0 AugSep fD�??ž√d??³?L??²?³??Ý 36 7,729.367,518.96 31,329,62923,973,535 1,274.8854.6 167,344,06546,433,625 5,012.31,284.7 1,983,898627,343 245.370.3 84,897,11156,478,370 2,977.61,800.0 285,554,703127,512,873 9,510.04,009.6 Sep d??³?L??²?³??Ý 36 7,518.96 23,973,535 854.6 46,433,625 1,284.7 627,343 70.3 56,478,370 1,800.0 127,512,873 4,009.6 Oct d?Ðu?????²??????�√ 36 7,185.72 13,251,811 464.2 42,630,115 1,167.1 810,508 74.0 97,810,357 3,213.7 154,502,791 4,919.0 OctNov d?Ðu?????²??????�√d???³???L????�u½ 36 7,185.725,954.41 13,251,81117,150,710 464.2621.4 42,630,11556,878,495 1,167.11,405.7 1,039,235810,508 74.084.6 97,810,35786,872,500 3,213.72,473.7 161,940,940154,502,791 4,919.04,585.4 NovDec d???³???L????�u½d??³???L??�¹œ 36 5,954.417,133.00 17,150,71020,457,088 621.4782.3 56,878,49579,350,488 1,405.71,794.4 1,039,2352,822,912 260.984.6 145,961,57586,872,500 2,473.74,479.9 161,940,940248,592,063 4,585.47,317.5 Dec d??³???L??�¹œ 36 7,133.00 20,457,088 782.3 79,350,488 1,794.4 2,822,912 260.9 145,961,575 4,479.9 248,592,063 7,317.5 Jan 2007 d?????¹U??????M?????¹ 36 6,434.02 13,556,089 476.7 142,312,903 3,040.0 4,152,304 449.4 60,776,943 2,659.1 220,798,239 6,625.2 JanFeb 2007 d?????¹U??????M?????¹d?¹«d?????³?????� 36 6,434.026,305.21 13,556,08913,447,670 476.7534.6 142,312,90370,282,192 3,040.01,409.3 4,152,3043,226,635 449.4265.6 60,776,94357,559,838 2,659.12,453.9 144,516,335220,798,239 6,625.24,663.4 FebMar d?¹«d?????³?????�”—U????????????� 36 6,305.216,050.35 13,447,67024,312,019 534.6924.5 100,110,49870,282,192 1,409.32,319.0 3,226,6351,637,929 265.692.3 57,559,83851,005,153 2,453.91,587.2 144,516,335177,065,599 4,663.44,923.0 Mar ”—U????????????� 36 6,050.35 24,312,019 924.5 100,110,498 2,319.0 1,637,929 92.3 51,005,153 1,587.2 177,065,599 4,923.0 Apr q????????¹d???????Ð√ 36 6,515.94 17,746,373 684.4 75,362,786 1,838.6 2,184,293 124.5 60,646,605 2,176.8 155,940,057 4,824.3 AprMay q????????¹d???????Ð√u??¹U????????????????� 36 6,515.947,307.51 17,746,37351,796,234 2,002.3684.4 214,288,55975,362,786 1,838.65,865.3 10,113,7832,184,293 124.5679.4 167,183,64460,646,605 2,176.85,991.4 443,382,220155,940,057 14,538.44,824.3 May u??¹U????????????????� 36 7,307.51 51,796,234 2,002.3 214,288,559 5,865.3 10,113,783 679.4 167,183,644 5,991.4 443,382,220 14,538.4 Source: Doha Securities Market. ÆWO�U*« ‚«—Ëú� WŠËb�« ‚uÝ ∫—bB*« Source: Doha Securities Market. ÆWO�U*« ‚«—Ëú� WŠËb�« ‚uÝ ∫—bB*«

Monthly Monetary Bulletin, May. 2007 33 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Monthly Monetary Bulletin, May. 2007 33 ≤∞∞∑ u‡‡¹U� ¨W‡¹dNA�« W‡¹bIM�« …dAM�« Qatar Central Bank ÍeÖd‡‡‡‡‡*« d‡‡‡‡‡‡D� ·d‡‡‡‡‡‡B� Qatar Central Bank Department of Economic Policies

Monthly Monetary Bulletin

May 2007 www.qcb.gov.qa