Qatar blockade has no effect on construction so far, but outlook bleak

摘要

Spurred by preparations for upcoming 2022 FIFA World Cup Qatari construction sector has been showing quite sustainableperformance over the course of 2017. However, the forecasts for the segment are likely to be gloomy amidthe continuation of political blockade started by GCC countries in summer. As a result, local steel sector is also underthe pressure.