Super high apartment rentals and soaring inflation could soon be back in Qatar whose economy barely batted an eyelid this year during the global financial crisis.
Landing in Doha the traffic and ubiquitous construction workers are an instant reminder that gas revenues are about to rocket next year making Qatar easily the fastest growing economy in the world, with official growth forecasts set at 16 per cent GDP growth and the Economist Intelligence Unit punting for a much higher 24.5 per cent.
New airport
Even before landing you can see the new airport under construction, rising from reclaimed land. It should be ready in 2011. Two weeks ago the site seemed very quiet but apparently a visit from the Emir himself has since speeded up progress.
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