09.07.2009 - Qatar stands firm in the face of global financial storm
From Globalarabnetwork.com: Potential risk appears manageable, because the banking sector is well capitalized, and the Qatar Investment Authority (QIA) can diversify its portfolio by investing in local projects. Qatari banks comply with Basel 11 guidelines for capital adequacy requirements. Moreover, the direct impact on banks of plunging equity prices is minimal thanks to ceilings on exposure to the stock market........Full Article: Source