Analysis

One from many: The GCC has become a catalyst for collaboration and mutually beneficial development
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In a speech delivered at a conference in Riyadh in early May 2012, Abdul Latif bin Rashed Al Zayani, the secretary-general of the Cooperation Council for the Arab States of the Gulf – otherwise known as the Gulf Cooperation Council (GCC) – addressed the numerous changes that have taken place in the region in recent years. “The new political, security and military challenges, at the regional and…

Analysis

An enterprising approach: Efforts to build a more private sector-oriented culture are continuing
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In both Qatar National Vision 2030 (QNV 2030) and the National Development Strategy 2011-16 (NDS 2011-16), high priority is given to the development of small and medium-sized enterprises (SMEs). Such businesses are likely to be a focal point for policy initiatives as the country tries to diversify economic activity and build a more entrepreneurial, private sector-oriented culture. SMEs are seen as…

Analysis

A new beginning: The Cabinet has seen promising changes
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One of the most significant – and well documented – events of 2013 was the transition of power from the former Emir, Sheikh Hamad bin Khalifa Al Thani, to Sheikh Tamim bin Hamad Al Thani, his fourth son and second son with Sheikha Moza bint Nasser. To the outside world, the June announcement was seen as an unprecedented move, as it is the first time a monarch in the Gulf had peacefully handed over…

Analysis

Big spender: Government contracts lead the way in a surge of fresh investment
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The years ahead are set to see major new investment in a range projects in Qatar – some of them already under way, others entirely new. The built landscape of the country is due for a number of significant changes as the country gears up for the 2022 FIFA World Cup and beyond. Fiscal Expansion This programme of spending, largely spurred by government contracts, will also have a significant effect…

Analysis

One from many: The GCC has become a catalyst for collaboration and mutually beneficial development
OBG
plus

In a speech delivered at a conference in Riyadh in early May 2012, Abdul Latif bin Rashed Al Zayani, the secretary-general of the Cooperation Council for the Arab States of the Gulf – otherwise known as the Gulf Cooperation Council (GCC) – addressed the numerous changes that have taken place in the region in recent years. “The new political, security and military challenges, at the regional and…

Analysis

A change in the rules: The central bank introduces new regulations for lenders
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Regulations introduced by the Qatar Central Bank (QCB) in June 2013 will curb local banks’ investment options, potentially making sovereign bonds more appealing at the expense of some private sector alternatives. The move is taking place as the government prepares to put its infrastructure development programme into overdrive. Under the new regulations, with which lenders were given six month to…