With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
The Guide contains listings of some of the leading hotels and resorts in Qatar and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.
Insurers in Qatar once again showed strong financial performance in 2014, and with the supply of large projects generated by the nation’s hosting of the 2022 FIFA World Cup, the industry is well positioned to make further gains. In the meantime, a process of reform that aims to streamline the regulatory regime continues apace, with the 2012 Regulation of Financial Institutions Law establishing...
The Qatar Stock Exchange (QSE) was upgraded to emerging market status in the summer of 2014 and its 18.36% gain for the year ensured the QSE’s performance was the fastest-growing exchange in the region that year. Recent regulatory reforms should ensure the QSE can successfully capitalise on its new status and attract increased foreign investment. In May 2014 the ceiling for foreign ownership...
Qatar’s healthy trade surpluses, expanding international investment portfolio, and growing bilateral relations in Asia and Europe have driven the state’s trade and investment growth in recent years. Amendments to the Investment Law of 2000 in 2004, 2009 and 2014 have opened up investment opportunities by enabling foreigners to participate in financial services, hold stakes of 49% in listed...
The Qatari economy boasts a decade-long track record of extremely strong expansion, with the state’s GDP per capita having risen to become one of the highest in the world. While Qatar is the world’s highest exporter of liquefied natural gas, and the country’s income remains largely dependent on hydrocarbons activity, Qatar has, in recent times, pursued a vigorous plan of economic...
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