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.
The Foreign Investment Law regulates the investment of foreign capital in economic activities. It applies to non-Qatari nationals who wish to undertake business in the country. In most sectors of the Qatari economy, foreign investors are allowed to carry out businesses provided that they have a Qatari partner with a share of at least 51% of the...
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...
Despite its small size, Qatar has become a magnet for regional investment over the past decade. Foreign investment in Qatar is governed by Law No. 13 of 2000 (the Foreign Investment Law), which is applied to non-Qatari nationals who wish to undertake business in Qatar. In addition to the flexibility offered by this law, foreign investors may...
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