| Author | : Oxford Business Group |
| File Size | : 50,6 Mb |
| Publisher | : Oxford Business Group |
| Language | : English |
| Release Date | : 25 January 2016 |
| ISBN | : 9781910068632 |
| Pages | : 285 pages |
The Report Qatar 2016 by Oxford Business Group Book PDF Summary
Qatar's sizeable oil and natural gas reserves have underpinned its rapid economic growth over the past two decades. Home to the world's largest non-associated gas field, the country is the world's fourth-largest producer of dry natural gas and the largest producer of liquefied natural gas, with hydrocarbons revenues forming the bulk of national income as a result. Although the drop in global energy prices has impacted export revenues, rigorous economic diversification drives in recent years have paid dividends, and in 2015 non-hydrocarbons growth reached 7.7%, compared to a 0.1% contraction for hydrocarbons growth during the same period. The country's financial sector has continued to evolve; Islamic banking in particular has witnessed significant progress. Meanwhile,