The state of Qatar, a peninsula located in the Arabian Gulf, is known for being one of the world’s foremost exporters of natural gas. Its economy has grown from being one that is dependent mainly on pearling – that is, the harvesting of pearls from molluscs – to one that is driven by the production and export of hydrocarbons and other resources. Qatar National Vision 2030 (QNV 2030) was...
Qatar has one of the highest GDP per capita in the world. The retail sector has, therefore, benefitted considerably from high levels of disposable income, coupled with a large expat population. Furthermore, retail centres have established themselves as the primary choice for not only shopping but also leisure and entertainment. The country has subsequently seen a significant expansion in...
Qatar’s health care sector has emerged as the highest-ranked system in the MENA region, according to the Legatum Prosperity Index 2018. The past 10 years have seen particularly quick improvement with Qatar rising from 27th place in 2008 to fifth in 2018 out of 148 countries in terms of its health care. This has been attributed to increased investment in new facilities, services and...
Education is an important pillar of Qatar National Vision 2030, the country’s development plan to diversify the economy and reduce its dependence on hydrocarbons. To that end, Qatar has prioritised developing and reforming the education sector, with a substantial portion of its energy revenue dedicated to education. Although the decline in international oil prices in recent years has resulted...
The 2016 slump in oil prices led the Qatari government to identify industries with high growth potential in a diversified economy. Tourism was among the sectors prioritised due to the opportunities presented by infrastructure investment and major events such as the 2022 FIFA World Cup. The sector’s promising performance comes amid the backdrop of a regional blockade led by Saudi Arabia and...
Qatar’s ICT market is well established, and characterised by high levels of mobile and internet penetration rates. Internet services are both affordable and quick, with fibre-based connections available since 2012. The country’s two main telecommunications operators are also working to roll out 5G services in all heavily populated areas by the end of 2020. The deployment of advanced technology...
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