Featured teaser: In spite of being one of the richest countries in the world and an aggressive global investor, Qatar saw interest in its funds industry sliding in 2011, writes Zawya’s Celine Salloum. Story page head: Qatar continues to back asset management industry By Celine Salloum of Zawya Qatar, a tiny country situated on a small, thumb-shaped neck of land off the eastern side of the Arabian Peninsula, and once one of the poorest Gulf States, has been ranked as the world’s richest country per capita by Forbes magazine. The oil and gas sector dominates the economy with an estimated 56% of nominal GDP in 2011. Qatar, which will host the 2022 FIFA World Cup and recently lost a bid to host the 2020 Olympic Games, has been a high-profile global investor. The development of Qatar as a regional hub for asset management is being strongly supported by the Qatar Financial Center Authority, the commercial arm of the Qatar Financial Center. While all types and categories
