Although Qatar continues to enjoy a healthy trade surplus, benefitting from its position as a critical energy supplier to a number of countries worldwide, export revenues in 2015 were dramatically affected by falling oil and gas prices, while the state’s import bill continues to rise as a result of major infrastructure construction and rapid population growth. Declining export revenues have...
Qatar
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Chapter | Trade & Investment from The Report: Qatar 2016
Chapter | Country Profile from The Report: Qatar 2016
Since gaining independence in 1971, Qatar has quickly risen to prominence both regionally and internationally to become an economic, political and cultural powerhouse in the Middle East. With a relatively small local population and substantial revenues generated from natural gas, Qatar has the world’s highest GDP per capita, averaging approximately $100,000. Prior to 2010, the country was...
With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
Economic update | Qatar: Move on Up
21 Jun 2016
Two years ago, when the Qatar Stock Exchange (QSE) was upgraded from “frontier” to “emerging” market status, many rightly heralded this as a major step forward for the state’s capital markets.
With an expanded space and a growing portfolio of programmes, the Qatar Science and Technology Park (QSTP) is an established fixture in Qatar’s burgeoning start-up culture.
Qatar’s maritime transport sector has taken advantage of the country’s infrastructure boom and economic diversification plans to weather a slowdown in global shipping.