Qatar is globally known for its vast natural gas reserves and extensive oil reservoirs, with these powering the country’s economy, as well as its electricity and water sector. Yet now, the government and private companies are giving the time of day to a different – and abundant – energy source: sunshine. Indeed, with one of the world’s highest...
A key part of Qatar’s long-term development plan, Qatar National Vision 2030 (QNV 2030), is the transformation of the state from a resource-based economy to one that is knowledge-based. Aimed at unhooking the country from hydrocarbons dependency and diversifying its economy, this bold strategy has entailed major investment in human, social,...
The global market is far more competitive these days, and 2014 saw a dramatic decline in oil prices, which continued into 2015. In March 2015 Brent Crude was retailing at $57 per barrel. Behind this is a global oversupply – Bloomberg reported that the UAE and Qatar estimated this to be in the region of 2m barrels per day (bpd) in mid-January...
Hosting the world’s largest gas-to-liquids (GTL) plant, while also being a global centre for GTL research and development, Qatar today is at the forefront of this high-tech hydrocarbons sub-sector. Indeed, the success of GTL in the state has acted as a catalyst for development elsewhere, with the global sector expanding in 2014. Yet, as with...
Home to the world’s largest non-associated natural gas field and significant oil reserves, Qatar is a leading player in the global energy market. It is also at the forefront of the international gas-to-liquids (GTL) and liquefied natural gas (LNG) industries, as well as fast becoming a major centre for research and development (R&D) in...
While the large investments in infrastructure anticipated over the coming years represent the most significant growth driver for the insurance industry, changes in the way that Qataris access health care are also expected to have a large impact on the sector. In April 2014 the National Health Insurance Scheme, known as Seha, was extended to...
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