Middle East Economic Survey
VOL. LIII
No 4
25-Jan-2010
QATAR
Higher Commodities Prices Drive Qatari Economic Growth, Says Emirates NBD
Qatars nominal GDP continued to shrink on an annual basis in 3Q09, but rose on a quarterly basis for the first time in a year thanks to higher prices for oil, natural gas and other commodities, says Emirates NBD in its January Global Markets and Treasury report. According to recent data from the Qatar Statistics Authority, nominal GDP amounted to QR75.5bn ($20.7bn)...
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