Despite falling oil prices, the economy in Qatar maintained a steady rate of expansion throughout 2014, with targets of even more robust growth this year, fuelled by the non-hydrocarbon sector.
Qatar Economy
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Economic update | Qatar Year in Review 2014
15 Jan 2015
Economic update | Qatar's SME Zones
16 Dec 2014
While diversification strategies aimed at moving economies away from hydrocarbon dependency have become commonplace around the Gulf in recent years, the practical implementation of these strategies has often proved challenging.
Economic update | Qatarisation and Capacity
24 Oct 2014
As one of the principle pillars of Qatar’s non-oil and gas economy – and a leading light in the country’s private sector – the financial services industry has recently been a particular focal point in moves to strengthen the drive to Qatarisation.
Indeed, the replacement of a number of expat banking CEOs with Qatari nationals in recent months has been one of the more visible signs of...
As the 2013/14 fiscal year drew to a close, the IMF expressed its optimistic outlook for Qatar for the upcoming year, following a recent visit. That report – combined with a cheery business sentiment survey from the private sector and a jump in 2013 profits for Qatar Exchange-listed firms – reflects refreshed momentum for the Gulf nation, despite ongoing global economic uncertainty and regional tensions, both in the Middle East and Europe.
2013 saw the transition of power from the former Emir, Sheikh Hamad bin Khalifa Al Thani, to Sheikh Tamim bin Hamad Al Thani, his fourth son and second son with Sheikha Moza bint Nasser, a move unprecedented elsewhere in the Gulf but not unexpected in Qatar.
Articles & Analysis | One of a kind: The state receives its first UNESCO World Heritage Site listing from The Report: Qatar 2014
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...