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Chapter | Media from The Report: Qatar 2012

As Qatar’s economy has grown, so has demand for information, driving tremendous progress in the media industry and related sectors. The popularity and reach of the media has also had an impact on the advertising and communications industry, which has seen double-digit growth over the past five years. In a bid to expand the media sector, Qatar is now planning to establish a dedicated media and...

Chapter | Culture & Tourism from The Report: Qatar 2012

As an ancient pearl fishing centre, Qatar was once part of an historic trade network stretching across the Indian Ocean and connecting the merchants of Arabia and East Africa to South Asia. The modern state continues to show a commitment to building on its cosmopolitan history to attract travellers to its shores and expand its dynamic tourism offerings. The five pillars targeted for development...

Chapter | Industry from The Report: Qatar 2012

Exploiting its competitive advantage in energy and, to a lesser extent, labour and land, Qatar’s industrial base has continued to show impressive growth throughout 2011 and into 2012. The oil and gas sector, buoyed by high hydrocarbons prices, has reclaimed its place as the mainstay of the economy, accounting for 51.7% of nominal GDP in 2010 and 57.7% in 2011. The petrochemicals sector continues...

Chapter | Telecoms & IT from The Report: Qatar 2012

The telecoms market is still relatively young in terms of market-driven competition. The market entered a new phase in 2009, when Vodafone Qatar began to operate as the second telecoms provider, bringing an end to Qatar Telecom’s (Qtel) monopoly. The resulting competition has sparked more innovation and brought higher-quality service. Indeed, mobile penetration rates now stand at 142%. Landline...

Chapter | Construction from The Report: Qatar 2012

With the construction industry expecting several changes in both the short and long term, contractors and developers are anticipating a steady increase in projects in late 2012 and into 2013. While the past two years have been difficult for the sector, with excessive competition driving down prices and limiting the availability of work, underlying growth factors remain strong. Although the...

Chapter | Real Estate from The Report: Qatar 2012

While the real estate sector has experienced a lull in recent years, property prices have remained stable over the past 12 months – a significant improvement on three years ago when prices were in freefall. The sector has recovered from the global economic crisis, and government plans to expand the non-hydrocarbons sector bode well for the market. In addition, new luxury real estate developments...

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