Tremendous economic growth has marked Qatar’s trajectory over the past decade, with GDP per capita estimated at $109,881 in 2011, according to the IMF’s World Economic Outlook. Leveraging such vast resources, the government has embarked on a comprehensive drive to diversify the economy and move away from a reliance on its hydrocarbons wealth....
Qatar’s winning bid to host the 2022 FIFA World Cup was part of a broader government strategy to transform the country into a centre for sporting events in the region. Simultaneously drawing from and feeding into this strategy, the media has also tapped into a vast appetite for sports coverage domestically and the broader region. Al Jazeera has led...
With energy windfalls fuelling large-scale development in virtually every area of the economy, Qatar has attracted – and continues to bring in – flocks of business visitors from around the world. Although business tourism is still a major breadwinner for the overall industry, the state is not placing all its eggs in one basket. Indeed, the tourism...
For real estate developers who are used to wide margins and off-plan sales, the current market in Qatar is proving to be trying. In a post-crisis environment where demand has been significantly depressed, particularly in sales, it has been difficult for developers to shift units. The last 12 months have therefore been a period of reflection and...
The construction boom being fuelled by a number of massive infrastructure and real estate projects across the GCC region is driving up the cost of construction and exposing several bottlenecks in regional supply chains. Qatar is particularly vulnerable to these costs as it seeks to develop billions of dollars worth of projects in time for the FIFA...
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