VOL. XL

No. 34

25-August-1997

QATAR

Liquidity Strains Ease In Qatar

Banking activity in Qatar has two faces: the first characterized by the frenetic,ambitious and largely successful activities in the international market place on the partof the government and the Qatar General Petroleum Corporation (QGPC) in connection withthe development of the North Field gas reserves and the associated petrochemical andindustrialization projects; and the second, informed by the more quotidian activities of...