With the construction industry in Qatar expecting several big changes in both the short and long term, contractors and developers are anticipating a steady increase in projects in the second half of 2012 and into 2013. It has been more than a year since the country was awarded the rights to host the FIFA World Cup in 2022, but the market has...
While Qatar’s real estate sector experienced a lull in recent years, the first signs of growth are beginning to show, with an uptick in transactions and a discernible increase in bank credit available to the sector. Pricing in the market has remained largely flat for the past 12 months in most segments, a significant improvement on three years ago...
The Qatari government has set targets for the economic diversification of the country that will rely heavily on the expansion of the industrial and manufacturing base. The first tendrils of this new growth are beginning to emerge, nowhere more clearly than in the nascent plans for an alternative energy cluster. Qatar plans to invest in all stages of...
The award of the 2022 FIFA World Cup has put Qatar in the international spotlight. Greater international exposure has created pressure to abide by international norms and best practices. Nowhere is this more evident than in the field of labour regulations. Several trade unions, including the Building and Wood Workers International, have been in...
Internet usage in Qatar has expanded, with fixed broadband subscriptions enjoying steady growth in the past decade. At the end of 2011, Qatar’s internet user penetration rate clocked in at 81.6%, far ahead of the Arab states’ average of 29.1% and the global average of 34.7%, according to the UN’s International Telecommunications Union. The financial...
“Sustaining prosperity over the long term requires wise management of exhaustible resources to ensure that future generations inherit ample means to meet their aspirations,” reads Qatar’s National Development Strategy 2011-16. It calls for improving productivity and efficiency in the energy and power sector to maximise the value derived from the...
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