Qatar

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Qatar's booming real estate sector is set to have its own bank. Plans to establish a real estate bank were announced recently.
Qatar's inflation rate has hit a new record high of 15% in the first quarter of 2007, with increases in rent, fuel and energy prices being the main cause.
In its quest to diversify Qatar's economy, the government continues to introduce international regulatory standards for its financial services sector.
Rents are at an all time high in Doha where a one bedroom apartment can range anywhere from $2,000 to $4,000 per month.
By 2010 Qatar aims to increase the number of tourists who visit the emirate to 1.5m visitors per year, while at the same time lengthening the average stay from 1.5 to four days.
The Qatari banking sector's results for 2006 illustrate excellent growth rates with total assets reaching $2.5bn.

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