Browse
related articles
Qatar to post single-digit GDP growth
- Qatar: Sunday, September 23 - 2012 at 09:16
Saudi lender National Commercial Bank (NCB) has said Qatar's economy is expected to slow down to a single digit growth rate through 2012-2014 after racing by at least 13% in the previous years because of a surge in the country's gas exports, Saudi Gazette has reported. The slowdown will be caused mainly by a sharp fall in growth in the hydrocarbon sector, after Qatar completed mega projects to tap its mammoth offshore North Field, the world's largest single reservoir of non-associated gas. The real GDP of the world's top LNG supplier rose by nearly 18.8% in 2011 and growth is projected to dive to around 6.9% in 2012 and continue to slacken to reach 4.8% in 2013 and 4.6% in 2014, the lender said.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
