As the economy and population both continue to expand, and with a new national strategy aimed at enhancing the insurance sector and a new health care system in the process of being rolled out, this is a period of heightened activity for Qatar’s insurance and takaful (Islamic insurance) players. Buoyed by high disposable incomes and expected future demand for liquefied natural gas, there are expectations…
Qatar’s vibrant and multifaceted Islamic financial services sector is capable of providing a full suite of sharia-compliant products. The country is a major regional and global player in Islamic finance, home to three of the world’s top-10 Islamic banks by asset size. With the economy growing, hydrocarbons exports expanding and the population increasing, Islamic finance is capitalising on new growth…
Capital markets in Qatar have undergone significant development in recent years, with the relevant government agencies united in their drive to see the domestic market move up further in international economic rankings. While the performance of Qatar’s stock exchange has fluctuated, the country’s strong fiscal performance, and timely regulatory, banking capital-protection and systems updates –…
Qatar’s banks have withstood recent global and regional uncertainties, leaving them in a strong position for further growth. The sector’s banks stand to benefit from the Third National Development Strategy for 2024-30, which prioritises financial services for the country’s development and economic diversification. The sector is also embracing digitalisation, the adoption of financial technology,…
Qatar has reaped the benefits from changes in the global energy market and the accelerated energy transitions of several countries. In addition to major long-term energy supply deals with China, France, Germany and the Netherlands, Qatar is expecting to renew gas agreements with South Korea in the near future. The North Field expansion project, which will increase liquefied natural gas production capacity…
Qatar’s bid to enhance its reputation as an international investment destination gathered significant momentum during the country’s preparations for the 2022 FIFA World Cup. The changes that have been made to investment-related legislation in recent years are expected to lead to the country continuing its upward trajectory in terms of its ability to attract international investment. Qatar’s free…
Propelled by a major infrastructure development drive in preparation for the 2022 FIFA World Cup, and a broad loosening of investment and business regulations, Qatar’s economy has undergone a significant expansion in recent years. The country’s immense natural gas reserves are being further tapped and its production capacity expanded, while related revenue is being pumped into diversifying the…
The political leadership of Qatar has been working over recent decades to strategically position the country as a powerful economy and influential sovereign entity, well prepared to address future challenges. With a relatively small population and substantial revenue generated from having the third-largest proven natural gas reserves globally, Qatar has one of the world’s highest GDP per capita.…
God has bestowed a favour on us by living in an era of unprecedented accelerating progress, in which an innovative spirit prevails in the fields of medicine, technology and science; and wherein the human ability of exploiting the resources enabling the provision of a decent life for all of humanity has multiplied. Numerous technological innovations have brought about greater productivity, prosperity…
