The collapse in oil prices has weighed on the Algerian economy, giving rise to twin deficits in the budget and current account. In mid-2016 the government introduced a bold medium-term plan that targets a balanced budget by 2020, alongside a new growth model with a strategy for economic development and diversification by 2030. These moves have coincided with the private sector playing a much stronger role in the economy.
Higher levels of energy production, supported by rising prices, underpinned a recovery in Nigeria’s economy in 2017, with further gains expected this year.
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...
What potential does the tourism sector have to make a greater contribution to the economy?
Under pressure from reduced corporate demand, softer oil prices and slow economic growth, the hospitality industry in Doha and the wider GCC struggled with lower occupancy rates in 2016 and 2017. However, growth in the industry is expected to be faster over the next four years than in any other market in the Gulf region, with the exception of...
Located 16 km from central Doha and within six hours flying time of 80% of the world’s population, Hamad International Airport (HIA) has emerged as a key regional transport hub since opening its doors to the public in April 2014.
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