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2017 proved a turbulent year for Qatar, dominated by the diplomatic rift that emerged between the country and several other regional states in June 2017. However, Qatar has adapted quickly, with many in the local business community confident about the future.
Strong gains by the non-oil and gas sector underpinned solid growth in Qatar’s economy in 2018, laying the foundations for further expansion as the country works to mitigate the fallout from the regional blockade and step up efforts to diversify its economy.
Increasing efforts to diversify its economy and realign its trade relationships, Qatar is building new links and expanding ties with existing partners.
Qatar is ramping up efforts to increase foreign investment and incentivise activity in a range of different industries, unveiling plans to launch two new free trade zones.
Small and medium-sized enterprises (SMEs) could be set for a much more prominent role in Qatar, with the government stepping up efforts to collaborate with local companies as part of broader diversification plans.
DRESS: Qatari nationals often choose to wear the traditional clothing of the Gulf region. 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 and a shirt in public. Women’s public...
Qatar has risen to prominence both regionally and internationally. With a relatively small local population and substantial revenues generated from having the third-largest proven natural gas reserves globally, the country has one of the world’s highest GDPs per capita. A return of oil prices to above $50 per barrel will reduce strain on the economy...