Qatar

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In 2006, Qatar's leading financial institution, the Qatar Islamic Bank (QIB), nearly doubled its net profits and continued its strong programme of expansion.
Qatar is boosting efforts to position itself at the heart of the Middle East's technology, research and information industries, both as a means of attracting foreign investment and to expand the base of its economy.
2006 ended on a high note for Qatar as the host nation of the Asian Games, which wrapped up in mid-December.
Fuelled by the energy prices boom, Qatar has been a major player in the foreign investment market, with both the state and private firms going on a considerable spending spree over the past few years.
Though the Gulf media has been giving increasing coverage to a possible easing in the region's real estate market and falling share values of some of the Middle East's leading property developers, it seems that Qatar isn't taking a lot of notice.
Qatar is probably best known for having the second largest natural gas reserves in the world. However within two weeks, the emirate will likely have a new claim to fame, that of being one of the world's sporting capitals.

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