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A Breakthrough Year For Qatar
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Qatari banking and other sectors stand to gain from the restoration of business. The emirate’s efforts to raise self-sufficiency will also help.  
April 08, 2021
The end in January of the three-and-a-half-year economic boycott of Qatar by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt was a welcomed development for Qatar and the other members of the Gulf Cooperation Council (GCC). All six states of the GCC to which most of the blockading states belong have faced unprecedented challenges over the past year due to the Covid-19 pandemic, the collapse of oil prices and attendant fiscal pressures. The revived economic relationship between the states is expected to boost Qatar’s economy as well as the wider region. The recent strengthening of the oil price is a further positive development. ....

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