TAG: Economy
It has been a remarkable few years for Qatar, with the resilience of its economy put to the test not only by the rapid fall in commodity prices that took place from June 2014, but also, and far more significantly, by the political and economic embargo that was imposed on the country in June 2017. While securing new suppliers of basic goods as supermarket shelves emptied in the hours following the embargo was the most pressing concern for the authorities, the more difficult task of reassuring international investors that the country was still a safe bet required longer-term efforts.
It is in light of this that OBG is delighted to publish the results of its OBG Business Barometer: Qatar CEO Survey for 2019, with the results drawn from interviews conducted with over 100 of the country’s top CEOs.
The resilience of Qatar’s economy has been put to the test not only by the rapid fall in commodity prices that took place from June 2014, but also by the political and economic embargo that was imposed on the country in June 2017. It is therefore significant that in the OBG Business Barometer: Qatar CEO Survey for 2019, the general consensus in the local business community is that Qatar has not only absorbed these setbacks, but is poised for further growth. Over 100 CEOs were interviewed for the survey, 84% of whom were either positive or very positive about local business conditions for the coming 12 months.
From the cancellation of a part-complete international airport to the signing of a new free trade agreement with Canada and the US, in many senses events from the second half of 2018 still define Mexico’s economic trajectory in the first half of 2019.