Why Qatar?

Qatar is emerging as one of the most dynamic economies in the Middle East. It has the highest per capita income in the world and enjoys one of the fastest growing GDPs, reaching 13.3% real GDP, and valued in 2008 at over US$80 billion.

The economy is rapidly expanding in practically every sector and industry. A combination of government investment and the participation of multi-national companies is creating a culture of opportunity.

Reliance on crude oil exports has been replaced by an ambitious and progressive approach to the management of the nation’s economy, which focuses on developing Qatar’s huge natural gas reserves and its expansion of liquefied natural gas, petrochemicals and condensates production. This is supported by a far reaching programme of economic liberalisation and diversification into a more broadly based economy.

The economy is characterised by low private consumption and a high national savings rate, making Qatar a very attractive financial market within the GCC, with a high asset growth rate.

In terms of Islamic finance, Qatar is home to some of the largest Islamic Financial Institutions in the world and is fast becoming another pivotal centre for this sector within the GCC.

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