What has been the driving force behind the establishment of the QRDI Council?
The resilience of Qatar’s economy has been put to the test not only by the rapid fall in commodity prices that took place from June 2014, but also by the political and economic blockade that was imposed by some neighbouring countries in June 2017. It is therefore significant that in the OBG Business Barometer: Qatar CEO Survey for 2019, the...
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...
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...
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...
DRESS: Qatari nationals often choose to wear the traditional clothing of the Gulf region. Foreign visitors and residents are expected to dress in a style that is sensitive to local culture, with conservative clothing recommended. Men generally wear long trousers and a shirt in public. Women’s public attire should fall below the knee,...
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