Qatar Economy

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Articles & Analysis | Hotels in Qatar from The Report: Qatar 2020

 

RADISSON BLU HOTEL DOHA PO Box 1768, Salwa Road, Bin Mahmoud T: +974 4428 1428 info.doha@radissonblu.com www.radissonblu.com/hotel-doha Rooms: 583 rooms and suites, including 1 presidential suite and a 1-bedroom apartment. Business & Conference Facilities: 10 fully equipped conference spaces that can accommodate up to 600 people...

 

Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. In a projection issued even before Covid-19 began to seriously disrupt the global economy in early 2020, the World Trade Organisation expected growth in trade volumes to ease to 2.6% in 2019 before rebounding to 3% in 2020. This would be...

 

Qatar’s wealth of hydrocarbons puts it at the centre of global trade, with its liquefied natural gas (LNG) feeding factories in China and powers stations in Japan, while its helium is used in everything from MRI scanners to aircraft parts. The revenue that has flowed into Qatar in the two and a half decades since gas exports were first shipped...

 

Qatari authorities are forging ahead with growth plans by emphasising economic diversification in line with Qatar National Vision 2030, while also kick-starting the process of increasing the output of liquefied natural gas (LNG) by roughly two-thirds. In parallel with the construction of six new LNG trains, the country is also in the process...

 

Following Qatar’s first delivery of liquefied natural gas in 1996, the state created Qatar Development Bank (QDB) in 1997, to nurture, encourage and support small businesses as well as to help allocate land to Qatari citizens. The QDB plays a vital role in supporting small and medium-sized enterprises (SMEs) in Qatar, underscoring the...

 

In recent years Qatar’s leaders have faced some difficult choices in terms of public spending as a result of the continued downturn in oil and gas prices since 2014, followed by the economic blockade by neighbouring countries. Despite facing declining revenue, public spending continued on infrastructure mega-projects initiated for the 2022...

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