Although Qatar’s real estate sector is still experiencing the effects of the trade embargo imposed by some regional neighbours in 2017 as well as cyclical oil prices, the sector has begun to rebound, buoyed by continued government efforts to mitigate the economic consequences. The drop in oil prices in early 2020 amid the Covid-19 pandemic has...
Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world. According to the UN, in 1950, 751m people lived in urban...
Following several years of global economic uncertainty, budget deficits and unpredictable oil prices, in April 2019 the Council of Ministers approved a long-discussed public-private partnership (PPP) law, expected to be formally enacted in 2020. The new law is intended to clarify and regulate the framework for projects involving both the...
As Qatar’s construction industry heads into 2020, there is a strong focus on what is to come beyond the 2022 FIFA World Cup, which has dominated the sector for much of the past decade. There are signs that Qatar’s economy has begun to rally, and while the country continues to rely on hydrocarbons revenue, the construction sector is playing an...
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