Rising oil prices and effective policy-making have played a significant role in returning Qatar to a healthy trade surplus. A swift response by a range of government ministries has secured new routes to global markets. In March 2018 Hamad Port, which officially opened in 2017, celebrated the handling of 1m twenty-foot equivalent units ahead of schedule. Foreign investment also continues to...
The Middle East Economy
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Chapter | Trade & Investment from The Report: Qatar 2019
Qatar’s relatively small population and status as the world’s biggest gas exporter have helped it to become the richest country globally in terms of GDP per capita. In recent years, however, it has faced strong economic headwinds. The oil price decline beginning in the second half of 2014 led to the country’s first budget deficit in 2016, prompting the government to cut costs and reinvigorate...
Chapter | Country Profile from The Report: Qatar 2019
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 having the third-largest proven natural gas reserves globally, Qatar boasts one of the world’s highest GDP per capita, according...
The guide contains listings of some of the leading hotels and resorts in Qatar and contacts for important government offices and services. It also contains useful tips and information for first-time or regular business and leisure visitors alike.
Its relatively small population and status as the world’s biggest gas exporter have helped Qatar become the richest country globally in terms of GDP per capita, which stood at $72,700 at current prices in 2019, according to IMF estimates. In recent years, however, the nation has faced strong economic headwinds from a drop in global energy prices to a diplomatic blockade.
Chapter | Security, Aerospace & Defence from The Report: Abu Dhabi 2019
The UAE continues to spend heavily on its military capabilities, while at the same time pushing to expand its domestic defence-related manufacturing industries, as a means both to better protect its own national security and to contribute to diversifying its economy away from oil and gas. Significant agreements point to the long-term success of the goal of developing a domestic industry, even...