Well capitalised and supported by one of the world’s wealthiest economies, Qatar’s banking sector has successfully navigated a range of external challenges in recent years. It has emerged from the Covid-19 pandemic in an advantageous position to leverage the resurgence in local and international demand for a variety of financing options. Consisting of commercial, Islamic, investment and...
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Chapter | Trade & Investment from The Report: Qatar 2022
After weathering a succession of external shocks in recent years, Qatar’s trade and investment outlook is promising in the short and medium term. Years of low oil and gas prices, the 2017-21 economic blockade and the Covid-19 pandemic have all affected the flow of cross-border commrce and finance. The authorities are leveraging the 2022 FIFA World Cup to showcase Qatar’s wider economic...
Chapter | Country Profile from The Report: Qatar 2022
Since gaining independence in 1971 Qatar has developed into an economic, political and cultural powerhouse in the Middle East. With a relatively small population and substantial revenue generated from having the third-largest proven natural gas reserves globally, Qatar has one of the world’s highest GDP per capita, at nearly $62,000 at current prices and $103,000 in purchasing power parity in...
As with other countries around the world, Qatar’s economy was affected by the Covid-19 pandemic and its wide-ranging effects in global markets, including...
In light of the Covid-19 pandemic, supply chain disruptions and broader environmental concerns, many countries are looking to improve the efficiency of agriculture while also reducing its carbon footprint.
Qatar is leveraging its resources to become a knowledge-based, diversified economy fuelled by a dynamic private sector. As such, the country is investing in strategic areas such as agriculture, services, and research and development to further move the economy away from its dependence on hydrocarbons and attract greater foreign direct investment.