Just 20 years ago, Qatar’s leadership set out to liberalise the country’s telecoms sector, transforming its state-run monopoly operator into a market-driven firm. This was part of an effort to transition the Qatari economy away from its traditional mainstays, oil and gas. To that end, the ICT sector has been instrumental to a broader process...
Still an important and robust driver of non-hydrocarbons growth, Qatar’s real estate sector is nonetheless beginning to feel the impact of falling oil and gas prices, which have negatively affected the office and residential markets. There are also rising concerns about an oversupply of high-end residential and commercial space, with dozens of...
Despite an influx of high-end real estate developments coming on-line in recent years, rapid population growth in Qatar has created a shortage of affordable housing, particularly for middle-class families and single workers. Although the government is seeking to address the issue with plans to crack down on illegal housing and relocate workers...
As Qatar moves forward on hundreds of new construction projects in the lead-up to the 2022 FIFA World Cup, under the broader auspices of its Qatar National Vision 2030 (QNV 2030) development plan, maintaining the highest standards of workmanship and materials has become a key government priority. The enactment of the Qatar Construction...
Although growth has slowed following a banner year in 2014, Qatar’s construction industry remains one of the most vibrant and fast-expanding in the Middle East, and a key driver of non-oil growth in the state. Major infrastructure projects including the Doha Metro, Long Distance Rail, Hamad Port, the next phase of expansion at Hamad...
Although Qatar’s construction pipeline is valued at $200bn, the industry faced challenges in 2015 as falling global oil prices and international volatility affected government revenues and expenditure. Despite the huge array of opportunities on offer, foreign construction companies have faced challenges. This presents a number of new...
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