22
Aug

“Doing Business in Qatar”

“Do Business in the world’s Richest Country”

Consistent Economic Growth

Once one of the poorest Gulf States, Qatar now stands tall, as the wealthiest country in the world per capita. Why? Well, one of the major reasons for this turnaround is the exploitation of its extensive natural resources. Yes, Qatar just happens to be situated on the world’s third-largest natural gas reserve.

Qatar’s economy has seen consistent growth in recent years – as has its population. According to the 2004 census, Qatar had a population of 744,000. By the end of 2016, however, an estimated 2.6 million people were living in Qatar, with the majority calling the capital, Doha, home.

Qatar has worked hard to support this rapid population growth, encouraging advances in economic, human and social development, while continuing to progress politically. Despite these changes though, Qatar has maintained its cultural and traditional values as an Arab and Islamic nation, promoting the ideal of family as the main pillar of society.