The Qatari government has created a clear roadmap with Qatar National Vision 2030, which focuses on economic diversification and growth with a retention of the...
Qatar Economy
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Chapter | Country Profile from The Report: Qatar 2020
Prior to 2010 Qatar was primarily known for its vast gas reserves; however, the country’s global profile received a major boost in 2010 when it won the bid to host the 2022 FIFA World Cup in November and December of that year. Backed by sustained levels of economic growth, Qatar is channelling its resources into transitioning to a knowledge-based economy. The country has been working to...
Qatar has demonstrated considerable resilience in recent years, successfully developing new homegrown industries while at the same time strengthening its global ties. Although Covid-19 has introduced significant economic uncertainties in 2020, a rapid response from Qatar's authorities to curb the effects of the virus should stand the nation's economy in good stead over the medium and long term.
Economic update | Qatar: Year in Review 2019
30 Jan 2020
Muted growth figures did not detract from a generally positive year for Qatar, in which new developments in liquefied natural gas (LNG) production were matched by broad-based expansion in non-hydrocarbons sectors.
It has been two years since three Gulf countries and Egypt placed an economic blockade on Qatar, to which Qatar responded by implementing a series of reforms, seeking out new trade partners and amplifying economic diversification efforts. How effective have these measures proved?