Since gaining independence in 1971 Qatar has quickly risen to prominence both regionally and internationally to become an economic, political and cultural powerhouse in the Middle East. With a relatively small local population and substantial revenues generated from having the third-largest proven natural gas reserves globally, Qatar has one...
Economic affairs remain a matter of prime concern for us, especially in light of the circumstances created by the sharp decline in hydrocarbons prices; however, we are determined to achieve the goals that we have set for ourselves in the Qatar National Vision 2030 (QNV 2030). New realities are emerging in the global energy industry as a result...
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An expected increase in oil prices, combined with sustained growth in the non-oil sector, should drive economic expansion in Abu Dhabi in 2018, allowing the economy to rebound from a relatively flat performance in the previous 12 months.
Abu...
Stronger oil prices offset lower energy production in Oman, as the government moved to accelerate fiscal reforms and broaden its revenue base.
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