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Qatar > Articles

Qatar

What is the Qatari Government Doing to Make Expat Living More Attractive?

Saturday May 18, 2013 (23:15:59)
Doha, Qatar
Qatar's significant oil riches have placed it in an elite club worldwide, and it shows no sign of having to become reliant on other industries in the immediate future, as its oil output is expected to remain steady for the next 23 years.

Even without economic diversification - a risky situation that leaves Qatar prone to the boom and bust cycles of hydrocarbon-based enterprises - Qatar's control over 5% of the globe's total natural gas reserves has earned it a first place ranking within the entire Muslim world. Numerous Islamic banks, including Al Masraf Al Rayyan and Qatar International Islamic Bank, are also contributing to a financial industry compliant with sharia law.

The country is also hoping to develop a tourism industry (including cultural or historical tourism) that will compete with, or just be complementary to, that of its much larger southern neighbor, the United Arab Emirates.   more ...