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Middle EastMay 24 2021

Qatar’s economy thrives through self-sufficiency

Despite the challenges of an economic blockade and the ensuing Covid-19 pandemic, Qatar's economy entered 2021 relatively unscathed. 
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Qatar’s economy thrives through self-sufficiency

The global pandemic coming on the back of an economic blockade led by some of its largest neighbours could have had a strong negative economic impact on Qatar. Instead, the country has fared relatively well over the past year.

In fact, according to Bassel Gamal, group chief executive of Qatar Islamic Bank, the country’s economy was the least affected in the Gulf Co-operation Council (GCC) region by the contraction in economic activities caused by the pandemic.

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