The push amongst GCC states to invest in Africa came about in earnest following the 2007-08 global food price crisis, and in those days targeted agricultural land and strategic commodity production. Agribusiness, sovereign wealth funds and other agri-investment vehicles were the main players at the time. Primarily state-led, the investments at that time centred on...
Trade relations between the GCC and Asian economies have been growing steadily for some time now. In 2014 Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), announced it would invest between $15bn and $20bn over the next five years in Asia. While there are risks associated with Asian markets, the GCC as a bloc is deepening its commitment to the region....
Al Zubarah is one of the largest and best-preserved examples of an 18th-century traditional pearling and trading settlement in the Gulf region. It is considered the most important archaeological site in Qatar. Long ago it was a hive of activity, maintaining trade links throughout the Arabian Peninsula, Asia, Africa and Europe. Although it now lies empty, in the past the city was bustling and...
In 2010, when FIFA awarded Qatar the much-coveted status of host for the 2022 FIFA World Cup, football fans around the world were surprised that this Gulf country had beaten so many leading international sports giants to the prize. Yet in many ways, the award was a recognition of the major investment Qatar has been making in sports in recent...
With the aim of diversifying its economy, Qatar’s National Development Strategy states, “Sustaining prosperity over the long-term requires wise management of exhaustible resources to ensure that future generations inherit ample means to meet their aspirations.” The strategy calls for diversifying energy production to include renewable sources....
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