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KC Boomer World Page - Qatar
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KC Boomer World Page - Qatar
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Ruled by the al-Thani family since the mid-1800s,
Qatar transformed itself from a poor British protectorate noted
mainly for pearling into an independent state with significant oil
and natural gas revenues. During the late 1980s and early 1990s,
the Qatari economy was crippled by a continuous siphoning off of
petroleum revenues by the amir, who had ruled the country since
1972. His son, the current Amir HAMAD bin Khalifa al-Thani,
overthrew him in a bloodless coup in 1995. In 2001, Qatar resolved
its longstanding border disputes with both Bahrain and Saudi
Arabia. Oil and natural gas revenues enable Qatar to have one of
the highest per capita incomes in the world. |
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