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Feb3
Qatar, The Gulf's New Shining Star
Fri, 03 Feb 2012 7:27 PM +0800

 

 Qatar is fast earning a reputation as the richest country in the Muslim world. With a population of approximately 1.2 million and one of the lowest unemployment rates in the world, at a negligible 0.5%, Qatar’s residents are also privileged to be some of the richest.
 
Surrounded by the Persian Gulf and bordered by Saudi Arabia, the United Arab Emirates, Bahrain and Iran, Qatar is a burgeoning economic force in the Middle East, and with a second quarter growth of 41% in 2011, well set to become a contender alongside economic giants like East Asia’s China and Japan, as well as the United States and key-playing European nations. 
 
Indeed, the Heritage Foundation and the Wall Street Journal acknowledge that as the privileged holder of the second-highest per capita income in the world, Qatar remains one of the world’s fastest expanding economies.
 
 

 



 

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