Qatar Economy

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Following Qatar’s first delivery of liquefied natural gas in 1996, the state created Qatar Development Bank (QDB) in 1997, to nurture, encourage and support small businesses as well as to help allocate land to Qatari citizens. The QDB plays a vital role in supporting small and medium-sized enterprises (SMEs) in Qatar, underscoring the...


How is Qatar enhancing its business climate to attract new foreign investors?


In recent years Qatar’s leaders have faced some difficult choices in terms of public spending as a result of the continued downturn in oil and gas prices since 2014, followed by the economic blockade by neighbouring countries. Despite facing declining revenue, public spending continued on infrastructure mega-projects initiated for the 2022...


Given the level of regional competition, how can Qatar set itself apart when it comes to attracting local and international investors to its free zones?


Qatar National Vision 2030 recognises the need to diversify the economy by enabling a flourishing private sector and supporting entrepreneurs, who need seed capital and land for factories, offices and warehouses in order to grow. In 2ence011 the state created Manateq, tasking the agency with managing special economic zones (SEZs) and...


Qatar has moved forward with confident strides, implementing national development programmes as planned. In 2018 the country’s GDP grew by about 15%, while non-hydrocarbon GDP increased by around 9%. The government has sought to restore balance to the state budget, cutting public expenditure without affecting priority projects.

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