While in mid 1800s the Gulf country’s economy was based on fishing and pearl hunting, today Qatar represents one of the most prosperous countries in the world. The rapid transformation started in 1940s thanks to the discovery of oil.
According to the World Economic Forum Ranking, Qatar is one of the most competitive economies in the MENA region today and has the highest per capita GDP in the world (211.82 billion US dollars in 2014). In addition it shows the lowest unemployment rate.
This impressive growth is the result of a forward-looking vision aiming at transforming Qatar into an advanced country through a sustainable economic development and with high standards of living for the generation to come, as stated in the “Qatar National Vision 2030”. Making Qatar a knowledge-based economy and a technologically advanced society, together with the central role of oil and gas sector is considered as the key to achieve sustainable and long-term economic development.
In the light of this far-sighted vision, Doha is positioning itself as a dynamic city, welcoming a huge number of expatriates which choose Qatar - and Doha in particular - for the high quality of life and the excellent opportunities offered by its stimulating environment. Doha is more and more becoming a well-favored location for foreign investors attracted by the intense activity in the construction sector and impressive architectural initiatives such as Lusail City and Al Waab City - two communities which are currently under development.
Qatar’s capital city is much more than this: the Hamad International Airport is contributing to making Doha a touristic hub, welcoming people from all over the world which choose the city as destination both for business and leisure.
Despite its rapid development and modernization Doha remains anchored to its tradition and authenticity. The Doha Fort, Doha’s Ethnographic Museum, also known as the Wind Tower House and the Katara Cultural Village are unique experiences offering visitors a taste of Doha’s cultural identity.
Discover more about Doha and Qatar by visiting the Qatar Tourism Authority website.