With one of the world’s most commanding positions in the global energy industry and a growing role in regional diplomacy, Qatar has seen many returns on the political and economic investments it has made in the past two decades.
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Algeria is looking to develop its tourism sector as it aims to ease dependence on hydrocarbons revenues by pursuing more sustainable sources of growth, capitalising on attractions such as its extensive desert and a coastline that stretches more than 1200 km. The National Tourism Development Plan is targeting an increase in sector revenues, from the current annual average of €344m to €480m by 2015...
Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.
Economic update | Algérie : Destination tourisme
16 Nov 2012
Au vu du nombre croissant de projets hôteliers, d’une stratégie résolument axée sur les activités touristiques de niche et des nouvelles lois fixant un cadre juridique et encourageant une croissance durable, force est de constater que les autorités algériennes travaillent d’arrache-pied pour renforcer le potentiel touristique du pays, secteur jusque-là trop peu exploité.
Articles & Analysis | Extending its reach: Business, education, sports and culture segments drive expansion from The Report: Qatar 2012
As an ancient pearl fishing centre, Qatar was once part of an historic trade network stretching across the Indian Ocean and connecting the merchants of Arabia and East Africa to their counterparts in South Asia. Ships navigated with seasonal winds and built an expansive economic-cultural sphere, helping establish the region’s tradition of trade,...
Articles & Analysis | Artistic synergies: Increasing investment in cultural facilities bodes well for the industry from The Report: Qatar 2012
With energy windfalls fuelling large-scale development in virtually every area of the economy, Qatar has attracted – and continues to bring in – flocks of business visitors from around the world. Although business tourism is still a major breadwinner for the overall industry, the state is not placing all its eggs in one basket. Indeed, the tourism...