Qatar
(Qatar)
Profile:
Qatar is in the midst of an economic boom supported by its expanding production of natural gas and oil. Economic policy is focused on development of Qatar's natural gas reserves and increasing private and foreign investment in non-energy sectors. Oil and gas have made Qatar the highest per-capita income country and one of the world's fastest growing. Sustained high oil prices and increased natural gas exports in recent years have helped build Qatar's budget and trade surpluses and foreign reserves.
Qatari wealth and standard of living compares well with those of Western countries. Like Bahrain there is no income tax thereby making it one of the least taxed countries in the world. Qatar seeks to stimulate the private sector and develop a “knowledge economy”. In 2004, it established the Qatar Science & Technology Park to attract and serve technology-based companies and entrepreneurs, from overseas and within Qatar
Qatar is aiming to become a role model for economic and social transformation in the region. Large scale investment in all social and economic sectors will also lead to the development of a strong financial market.
General Information:
Capital (Government) |
Doha |
Capital (Commercial) |
Doha |
Population |
1.4 million |
Language (local) |
Arabic |
Language (official) |
Arabic |
Climate |
Arid with mild winters and hot humid summers
Jan (average) 17°C
July (average) 35°C |
Currency (local) |
Qatari Riyals (QAR) |
Exchange Rate (local to $1) |
3.6 |
Exchange Rate (local to £1) |
6.8 |
Exchange Rate (local to 1EURO) |
5.4 |
Cost of Petrol/Gas ($/gallon) |
$0.83/gallon |
Typical cost of an evening meal ($) |
$4.00 |
| National Holidays |
3rd December (Independence Day)
18th December (National Day)
Religious holidays are variables as they are based on the Islamic Calendar |
Major Established Companies:
Typical fields JobsMiddleEast is recruiting in:
Information Technology
Oil, Gas and Petroleum Industries
Images
Doha
 |
Zubara Fort
 |
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