Expanding Qatar’s range of financial services has been a priority in recent years, enshrined in Qatar National Vision 2030, as well as other government strategies. Indeed, a wide and deep financial services sector is essential to fostering broad-based growth and connecting Qatar’s start-up ecosystem with international counterparts. Specifically, the government is seeking to...
Well capitalised and supported by one of the world’s wealthiest economies per capita, Qatar’s banking sector has successfully navigated a range of external challenges in recent years. It has emerged strong and resilient, in an advantageous position to leverage the resurgence in local and international demand for a wide variety of financing options. Consisting of commercial,...
In 2022 Qatar will be the first Arab country to host the FIFA World Cup, giving it the opportunity to demonstrate that the region can lead in the international sporting scene. Those involved in the preparation for the event are using it as a chance to leverage the competition for future tourism revenue, given that tournament will be shown on televisions around the world and in...
Travel and tourism was one of the hardest-hit sectors globally in 2020 and early 2021 as the Covid-19 pandemic swept around the world, and the situation in Qatar was no different. However, reflecting the gains made in the tourism industry in the years leading up to the health crisis, the opening months of 2020 saw a strong performance in terms of arrivals – so much so that...
The global tourism industry faces numerous challenges when it comes to decarbonisation, as highlighted by a November 2021 report from the World Travel & Tourism Council (WTTC), in collaboration with the UN Environment Programme and multinational consulting firm Accenture. In the years prior to the pandemic the sector thrived, recording its 10th consecutive year of growth...
The 2022 FIFA World Cup will be the first held in the Arab world, the first to be played during the winter instead of summer, and the first carbon-neutral World Cup event. Other firsts include building a fully demountable stadium that can later be donated to developing countries in need of such infrastructure, and being the first World Cup to run for 28 days instead of the...
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