Story perspectives
Qatar’s Tamim Says $60B Investment Strengthens Resilience Despite Slump
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Story summary
- Sheikh Tamim bin Hamad Al Thani said Qatar will emerge more resilient.
- He noted Qatar invested over $60 bn and non-hydrocarbon sectors now comprise about 80% of GDP.
- He reported revenues fell 42% and spending 14% in the first half, yet essential services remained intact.
- He called the Gaza situation genocide and warned Israeli actions breach international law.