economic growth Archives

2 min

Qatar’s financial wealth forecast to surge to $388bn by 2027

Boston Consulting Group predicts robust 5.1% annual growth in the country’s wealth, underpinned by high-earning entrepreneurs and stable assets. Qatar’s financial wealth is on an upward trajectory, projected to grow…

3 min

Qatar to lead GCC economic growth in 2023: World Bank

The Gulf state’s budget surplus hit QAR 19.7 billion ($5.4 billion) during Q1 of this year. Qatar’s economy is forecasted to lead the Gulf region’s economic growth this year at…

4 min

Qatar hospitality industry to reach $1.6bn by 2022: report

Doha intends to invest $45 billion in tourism after the World Cup and hopes to nearly double tourism’s GDP contribution over the next 16 years. Qatar’s travel and tourist expenditure…

3 min

Qatar fourth richest country worldwide, first in Arab region

The World Cup is expected to have a major economic impact on the country, enabling the tourism sector to flourish as Doha doubles in size. Qatar has been ranked as…

2 min

News

What to expect at this year’s Qatar Economic Forum 2022

This year’s event comes amid the ongoing Russian invasion of Ukraine, which has also threatened global supply chains. World leaders and entrepreneurs from around the world flocked to the Qatari…

1 min

Business

Qatar’s non-hydrocarbon sectors boost economy by 4%

The Gulf state’s economy grew 4% year-on-year in the second quarter. According to official estimations, Qatar’s economy has grown 4% year-on-year (YOY) in the second quarter (Q2). The country’s non-hydrocarbon…

3 min

Qatar’s economy ’emerging strong’ post Covid-19 pandemic: PwC

PwC Middle East released the third edition of its bulletin on the Qatari economy, showing its resilience during the Covid-19 pandemic. PwC Middle East’s third edition of its bulletin on…

2 min

Business

Qatar’s manufacturing workforce to expand drastically by 2025

The country’s manufacturing sector is set to expand its workforce to over 100,000 by 2025. Qatar’s efforts to promote local manufacturing is expected to help ramp up production value for…

4 min

Construction, real estate among Qatar private sectors to see growth

Qatar’s private sector, in particular the construction and real estate segments, forecast economic growth in the region. The breakthrough in diplomatic relations in the Gulf region has allowed trades and…

economic growth