Work is expected to begin on the second phase of the Hamad Port’s development in 2019 after approval was granted by the Ministry of Transport and Communications. The seaport gave the blockaded peninsula a vital lifeline in 2017 and enabled it to continue trading in non-oil goods throughout 2018, achieving significant milestones along the way....
How has opening visa-free travel for 80 countries affected passenger traffic and allowed the country to mitigate the impact of regional airspace closure?
In October 2018, as part of its efforts to drive foreign direct investment (FDI) and industrial diversification, Qatar pledged to invest $3bn in new free zones (FZs) and industrial clusters around key logistics centres. According to the Qatar Free Zones Authority (QFZA), the Umm Al Houl Free Zone will open near the Hamad International Port in...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
Qatar has allocated QR1bn ($274.6m) from its 2019 budget of QR206.7bn ($56.8bn) to the expansion of Hamad International Airport (HIA), with Qatar Airways, the nation’s flag carrier, forging new links for air passengers and cargo in the first quarter of 2019. As part of the annual budget statement announced by Sheikh Tamim bin Hamad Al Thani,...
The potential for the industrial sector to play a major role in Qatar’s economic growth was officially recognised in 2008 with the publication of the country’s plan for long-term development, Qatar National Vision 2030 (QNV 2030). Since then Qatar has taken a number of steps to increase the incentives available to foreign investors interested...
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