Middle East Economic Survey


No 22



Qatars 2011 Growth Driven By LNG Production, Says NBK

Qatars real GDP is expected to expand by 15% in 2011 and 6% in 2012, following estimated growth of 17% in 2010, according to the National Bank of Kuwaits (NBKs) latest GCC Brief. Recent growth has been underpinned by a sizeable boost in LNG production. However, said the bank, from 2012 onwards, growth is set to slow as output from the hydrocarbon sector plateaus. Real...