Oil and gas make up nearly 70% of Qatar's economy, and the recycling of petro-dollars is key to Qatar's ambitions in the region. Like Dubai, Qatar wants to be the leading financial player in the region, and Sharia-compliant investment will play a part in the $142 billion worth of upcoming development projects in the small constitutional monarchy.
But also like Dubai, Qatar is facing a burgeoning inflation problem. This is partly due to the dollar-pegged currency, but also to Qatar’s rapid population growth, which could put added pressure on its economy.
FORBES.COM
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