In a bid to expand its share of the growing cruise tourism industry, Qatari officials are looking to redevelop Doha Port to include a dedicated docking station for passenger vessels, and have been successfully courting cruise lines to send an increasing number of their ships to the capital city. This should go a long way to enhancing Qatar’s...
Backed by a coordinated government strategy and strong investments in key economic enablers such as infrastructure, Qatar’s tourism industry continues to grow at a steady clip. Since 2010 Qatar has seen arrival numbers rise over 72% to reach 2.93m in 2015. The sector’s economic contribution hit QR39.5bn ($10.8bn) in 2014, and mid-2015...
Mobile network upgrades are fast under way in Qatar, where ICT is increasingly becoming a target sector for public authorities and private investors alike. Friendly competition revolving around network speeds and coverage has developed between the state’s two carriers Ooredoo, the former monopoly holder and largest company by revenue and...
Just 20 years ago, Qatar’s leadership set out to liberalise the country’s telecoms sector, transforming its state-run monopoly operator into a market-driven firm. This was part of an effort to transition the Qatari economy away from its traditional mainstays, oil and gas. To that end, the ICT sector has been instrumental to a broader process...
Still an important and robust driver of non-hydrocarbons growth, Qatar’s real estate sector is nonetheless beginning to feel the impact of falling oil and gas prices, which have negatively affected the office and residential markets. There are also rising concerns about an oversupply of high-end residential and commercial space, with dozens of...
Although growth has slowed following a banner year in 2014, Qatar’s construction industry remains one of the most vibrant and fast-expanding in the Middle East, and a key driver of non-oil growth in the state. Major infrastructure projects including the Doha Metro, Long Distance Rail, Hamad Port, the next phase of expansion at Hamad...
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