Middle East Economic Survey


No 17



NBK Expects Continuing Strong Growth In Qatar Over the Medium Term

Prospects for continued growth in the Qatari economy remain positive over the medium term despite concerns about dependence on the hydrocarbon sector and high inflation, according to the latest GCC Brief published by the National Bank of Kuwait (NBK) on the Qatari economy. Nominal GDP grew by 44% in 2008 to QR372bn ($102bn), mainly driven by heavy investment in gas and...