Economy and Tourism

Abstract

In this research paper, the research has highlighted the economy and the tourism industry of the Middle East economic giant Qatar. The research gathered the data on basis of previous records that how Qatar developed its economy as one of the biggest economy of the world. Similarly, the research has discussed the various development programs of Qatari government. Regarding the tourism industry, the researcher highly focused on the 2022 FIFA world cup in Qatar because Gulf has been nominated for the first time in the history of football to host a world cup. Therefore, this world cup will even more transform the Qatar's economy. At last the researcher highlighted some guide lines for the U.S. citizens travelling to Qatar to avoid any kind of mishap. Contents

Economy and Tourism4

Introduction4

Discussion5

Economy of Qatar5

Ambitious Projects:5

Diversification in Economy6

Infrastructure6

Education City6

Sports6

Qatar National Vision for 20307

Boosting Tourism in Qatar8

Beaches9

Museum and Art Galleries9

Rules and Regulations for Tourists:9

Conclusion10

Economy and Tourism

Introduction

The State of Qatar and its capital Doha is one of the most dynamic countries in the Middle East. Its young population directly influences the booming economy and the modernization process, which has been accelerating year after year. 

Qatar, a member of Gulf Cooperation Council and official state for holding the meetings of the World Trade Organization and the Organization of Islamic Conference. It also houses the satellite television channel Al Jazeera. Education City and Qatar Foundation are the center for research and education transforming the youth of Middle East into more ambitious one. This peninsula is of about 5000 km² has a varied relief: sand dunes in the south, desert plains and rocky in the north, with widely scattered areas of crops. Soft and cozy in winter with occasional rainfall, the weather turns hot and humid in summer. For many centuries, the activity centered in the breeding of camels, fishing and pearling. Everything changed in the 20th century with the discovery of large reserves of oil and gas in the northeastern coast. Qatar has the non-associated gas field larger than those discovered to date, and is among the leading exporters of liquefied natural gas and condensates. It is expected that in the coming years the country has the highest per capita income in the world (Peck, 2004).

Discussion

Economy of Qatar

Qatar is experiencing phenomenal economic growth (18.5%), the largest in the region, thanks to its exports of oil and gas: the World Economic Forum ranks the peninsula among the most competitive countries of the world and grants him the 17th place ranking in 2009 - against 22nd place in 2008. GDP is estimated to $ 83.29 billion in 2008 (against $73 billion in 2007) and per capita income would be $ 101,000 in 2008 (against $ 73, 900 in 2009) propelling the Qatar among the richest countries in the world, especially since 1991 point of phase I of the project 'North Field' was completed- for a total of $ 1.5 billion. The country's budget surplus amounted around $ 1.8 billion (2007/2008). Qatar holding the third in the world gas reserves after Russia and Iran, the country had ...