Falling Population a Sign of Recession?

The spectacular increase in population that Qatar has seen over the last few years may finally becoming to an halt.

Qatar, which according to official statistics has seen an increase in population of around 100% in the last four years, saw a 15,000 fall in its population according to statistics released by the Qatar Statistics Authority.

While no reasons for the fall in the population was given, with the majority of the population formed by expat workers a slowdown in business activity could well be a reason.

Through word of mouth, we have heard of companies sending employees home already.

Although Qatar seems to be relatively unscathed, at least so far, by the recession, the burden of the credit crunch may be falling unevenly.

While airlines and hotels continue to grow, we hear that oil support services have been hit - and rumours are that construction companies may also be suffering, despite the continued strong sales at the Pearl.