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Qatar has demonstrated considerable resilience in recent years, successfully developing new homegrown industries while at the same time strengthening its global ties. Although Covid-19 has introduced significant economic uncertainties in 2020, a rapid response from Qatar's authorities to curb the effects of the virus should stand the nation's economy in good stead over the medium and long term.
The trade dispute between Qatar and some of its neighbours in 2017-20 served to strengthen the country's food security, spurring it to ramp up domestic production capacity and diversify global trade partners.
– Economies in the region were hit by reduced trade volumes and lower oil prices
– Governments launched extensive stimulus packages to stabilise their economies
– Short-term recovery will be tied to oil prices and the resumption of travel
– The pandemic looks set to accelerate economic diversification efforts
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DRESS: Nationals often wear the traditional clothing of the Gulf. 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, while women’s bottoms should fall below the knee, and tops should cover the shoulders and chest....
Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. In a projection issued even before Covid-19 began to seriously disrupt the global economy in early 2020, the World Trade Organisation expected growth in trade volumes to ease to 2.6% in 2019 before rebounding to 3% in 2020. This would be...
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