Overview

Qatar's construction industry expands with strong public investment
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Although growth has slowed following a banner year in 2014, Qatar’s construction industry remains one of the most vibrant and fast-expanding in the Middle East, and a key driver of non-oil growth in the state. Major infrastructure projects including the Doha Metro, Long Distance Rail, Hamad Port, the next phase of expansion at Hamad International Airport (HIA), and a network of new roads and drainage…

Overview

Big pipeline for projects offsets modest demand growth for real estate in Qatar
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Still an important and robust driver of non-hydrocarbons growth, Qatar’s real estate sector is nonetheless beginning to feel the impact of falling oil and gas prices, which have negatively affected the office and residential markets. There are also rising concerns about an oversupply of high-end residential and commercial space, with dozens of new projects still in the pipeline expected to come on-line…

Overview

Growing competition and new regulator drive ICT investment in Qatar
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Just 20 years ago, Qatar’s leadership set out to liberalise the country’s telecoms sector, transforming its state-run monopoly operator into a market-driven firm. This was part of an effort to transition the Qatari economy away from its traditional mainstays, oil and gas. To that end, the ICT sector has been instrumental to a broader process that continues today. As state and private players team…

Overview

Investments aim to sustain demand in Qatar after the 2022 FIFA World Cup
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Backed by a coordinated government strategy and strong investments in key economic enablers such as infrastructure, Qatar’s tourism industry continues to grow at a steady clip. Since 2010 Qatar has seen arrival numbers rise over 72% to reach 2.93m in 2015. The sector’s economic contribution hit QR39.5bn ($10.8bn) in 2014, and mid-2015 estimates projected 2015 growth at 6.6%, according to the World…

Overview

State and private players work to increase investment in Qatar education
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Human development is one of the four pillars of the country’s economic blueprint, Qatar National Vision 2030 (QNV 2030). Along with fostering economic, social and environmental development, working to enable all of Qatar’s people to sustain a prosperous society represents one of the state’s major goals for the coming years. Before rising to the position of emir, Sheikh Tamim bin Hamad Al Thani…

Overview

Events hosting plays a key role in Qatar's sports industry development
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In the past decade or more, Qatar has started to assert itself in the world of global sports. It has achieved this mainly through its athletics federation and Olympic committee. The government has also made efforts to expand the role of sports and related industries, such as sports medicine, logistics and security, to create more opportunities for high-value, skilled labour in the country. It is hoped…

Overview

Ongoing investments in Qatar's media sector point to an evolving market
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Although Qatar commands a powerful position in global energy markets, it is a relatively small state. Nevertheless, the country has cultivated significant soft power over the last decade by hosting international events, stepping up to play a role in diplomatic mediation and developing itself into a regional and global media hub. In the mid-1990s the authorities took ambitious steps in establishing…

Overview

Qatar's retail options offer consumers an impressive variety
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Built-up area: 120,000 sq metres Gross leasable area: 40,000 sq metres Cost: $823.2m Completion: Q3 2016 A luxury destination inspired by an Italian piazza. The focus of the project is on high-end, unique food and beverage outlets ranging from outdoor cafes to fine dining restaurants. It will be supported by exclusive fashion retailers unique to the property. Built-up area: 256,000 sq…

Overview

New supply caters to Qatar's high-end retail market
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The combination of high disposable income, a growing population and rising tourist arrivals makes Qatar an attractive market for retailers of all segments. On the back of real GDP growth of 3.7% in 2015, private consumption was expected to have expanded by 9.5% in 2015, according to BMI Research. This surge is projected to continue, with household spending forecast to increase by an average…

Overview

More shopping outlets cause Qatar's malls to focus on niche attractions
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With leasable space set to double in just three years, competition for shoppers in Qatar’s retail sector is bound to tighten, necessitating new ways of drawing in customers. Malls are therefore building tailored entertainment and luxury components into their designs, from cinemas to theme parks to canals, in a bid to lure the foot traffic that drives sales. “The leisure and entertainment provisions…