Economy

The UK and Qatar share a history that goes back almost 200 years. This gives us the strongest possible basis for partnership, and we are working closely with government, business and non-governmental institutions as Qatar implements its National Vision 2030. This includes cooperation on infrastructure projects worth $200bn as Qatar prepares...

Although Qatar continues to enjoys a healthy trade surplus, benefitting from its position as a critical energy supplier to a number of countries worldwide, export revenues in 2015 were dramatically affected by falling oil and gas prices, while the state’s import bill continues to rise as a result of major infrastructure construction and rapid...

Over the past half-decade Qatar has posted robust economic growth on the back of strong hydrocarbons revenues, state-led infrastructure development and a rapidly maturing financial sector. According to Standard & Poor’s (S&P), from 2010 to 2015 it was one of the fastest-growing economies in the world, posting average annual GDP growth...

In September 2015 preparatory work commenced on the planned site of the Lusail Iconic Stadium in Qatar. The 80,000-seat football facility, which was designed by the UK-based architecture firm Foster + Partners, is expected to serve as the flagship stadium during the 2022 FIFA World Cup, hosting both the opening and final matches of the...