Qatar Articles & Analysis

With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.

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With a target of producing 20% of its electricity using solar energy by 2030,  a series of public and private investments are driving new developments in Qatar’s solar energy sector.

An abundance of new supply is set to transform Qatar’s thriving retail landscape, with sustained levels of consumer confidence and high occupancy rates driving optimism among brick-and-mortar retailers.

The Qatari government has increased its budget allocation for major works this year, with many of the projects being undertaken in preparation for the 2022 FIFA World Cup well under way.

What prompted the recent acquisition of Banif Bank in Malta and does this signify a new strategy of diversification into financial services?

Stability and consolidation were Qatar’s watchwords in 2016, as the government continued to make long-term investments in national infrastructure at a time of restricted economic growth in the region.

A range of new visa measures recently announced by the Qatar Tourism Authority (QTA) have been widely welcomed by tourism industry professionals, as well as the country’s hospitality and retail operators.