Qatar Economy Articles & Analysis

Chapter | Economy from The Report: Qatar 2016

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, from 2010 to 2015 it was one of the fastest-growing economies in the world, posting average annual GDP growth of 8.6%. Qatar is the world’s top exporter of liquefied...

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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What do you identify as the most promising business opportunities for the private sector given the decrease in public spending?

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.

After facing setbacks in 2015, Qatar’s multi-billion-dollar sovereign wealth fund, the Qatar Investment Authority (QIA), is implementing a new strategy aimed at diversifying its asset base and restructuring its internal operations, with an increased focus on investments in the US and Asia. As the state continues to grapple with volatile energy markets and the declining...


What is the level of cooperation with the GCC?


How is the new Canadian government looking to enhance bilateral trade ties with Qatar, in particular Canadian exports to the state?