Tourism is one of the most promising prospects for growth as Qatar aims to shift its economy from one dependent on hydrocarbons to one that is more diversified and sustainable, and less susceptible to commodity price fluctuations. Between 2020 and 2030 tourism is expected to add over 100,000 jobs and contribute over $20.3bn to GDP. In October...
Medical tourism is on the rise across the world, driven by the increasing cost of health care services in many developed economies, coupled with falling costs for international travel. The global market was valued at $16.8bn in 2018 and at the time was expected to grow to $27.2bn by 2024. While disruptions to international travel triggered by...
Qatar has positioned itself as a pioneer in ICT technology as the rollout of a 5G network across the country continues, bringing with it a host of exciting use cases for digital government and smart city initiatives. The country’s main telecoms companies, Vodafone and Ooredoo, reported stable performance in 2019 on the back of higher post-paid...
As the latest policy piece in the government’s drive to create a knowledge-based economy built on leveraging the newest technologies, the National Artificial Intelligence (AI) Strategy was launched in October 2019. The strategy, developed by the Qatar Computing Research Institute at Hamad bin Khalifa University, is designed to identify...
Although Qatar’s real estate sector is still experiencing the effects of the trade embargo imposed by some regional neighbours in 2017 as well as cyclical oil prices, the sector has begun to rebound, buoyed by continued government efforts to mitigate the economic consequences. The drop in oil prices in early 2020 amid the Covid-19 pandemic has...
Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world. According to the UN, in 1950, 751m people lived in urban...
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