As has been mentioned on other postings – Qatar is probably the best place in the world to ride out the recession. The economy is growing at a slightly lower pace, but still growing – even building projects are continuing as they are mostly funded by government funds, so not being hit as Dubai has [...]

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DOHA: Defying the global recession which began spreading its tentacles late last year hitting businesses the world over, companies listed on the Qatari bourse have reported enviable financials for 2008. The collective net profits of the 43 entities listed on the Doha Securities Market (DSM) soared to an incredible QR28.5bn, showing a 33.4 percent increase [...]

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