QATAR

Qatar is a small and affluent country on the Arabian Peninsula, known for its vast reserves of oil and natural gas. These resources have transformed Qatar into one of the world's richest countries in terms of GDP per capita. The discovery of oil in 1939 and the subsequent expansion of natural gas production in the 1990s have been pivotal in shaping Qatar's modern economy.

 

Doha, the capital city, is a bustling metropolis and the center of Qatar’s political, economic, and cultural life. With a population of around 3 million people, of which only 10% are Qatari citizens, the country relies heavily on expatriate workers from various parts of the world, contributing to its diverse linguistic and cultural landscape. The Qatari government has invested heavily in education, healthcare, tech and infrastructure. Initiatives like Qatar Foundation and Education City emphasise the country’s commitment to becoming a knowledge-based economy. Qatar University and other institutions attract international talent while fostering an environment of academic excellence and innovation.

​

Qatar’s economy is robust and increasingly diversified, with major investments in infrastructure, real estate, and tourism. National entities such as Al Jazeera, Qatar Airways, and the hosting of the FIFA World Cup 2022 highlight the country’s ambition on the global stage. Al Jazeera, in particular, has become a significant media player, offering a Qatari perspective on international news.​ Nevertheless, Liquefied Natural Gas (LNG) and oil remain the primary drivers of Qatar's economy, accounting for about 85% of the country’s total exports and around 50% of its GDP. Qatar is one of the world’s largest exporters of LNG, alongside Australia, the United States, and Russia, with its extensive natural gas reserves playing a critical role in the nation’s export revenues and fiscal stability.

​

Both natural gas and oil reserves are managed by the state-owned company Qatar Energy, which oversees production in partnership with various international oil and gas companies. Together, these resources ensure Qatar’s economic resilience, funding its public investments and securing its position as one of the wealthiest countries globally.

​

Qatar’s strategic location and political stability make it a key player in regional and international diplomacy. It has mediated in various conflicts, including those in Lebanon, Sudan, Chad, Afghanistan and most recently, between Israel and Hamas. Qatar’s foreign policy is characterised by a balance of traditional regional alliances and increasing involvement in global issues. Qatar’s commitment to modernisation and development is evident. The government’s Vision 2030 aims to diversify the economy, reduce reliance on hydrocarbon revenues, and promote sustainable development. With ongoing investments in technology, innovation, and international partnerships, Qatar is poised for a future of continued growth and global influence.