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Business and Finance in Qatar

Building and Construction :

Building and Construction is a major contributor to employment and the economy. Credit issued
by banks to this sector has increased significantly in recent years. As the economy of Qatar
continues to grow, the government is investing heavily in developing the country’s infrastructure.

Trade, Restaurants and Hotels :

This sector proves to be one of the most promising for Qatar’s future as the tourism industry
gathers momentum. Qatar aims to be a one-stop destination for all kinds of travel, including
business trips, cultural events, education and sporting events.

Transport and Communications :

Qatar Airways is the designated national air carrier of Qatar. It is a joint public and private
venture, flying to more than 100 destinations around the globe. In terms of telecommunications,
Qtel was until recently the sole service provider in Qatar. Vodafone now also operates within
the country.

Electricity and Water :

Most of Qatar’s electricity comes from gas turbines, fuelled by natural gas. Water desalination
is achieved in tandem with electricity, giving Qatar an impressive capacity. KAHRAMAA is
national utility provider.

Agriculture and Fisheries :

This sector traditionally plays a minor role in the Qatari economy, due to generally unsuitable
weather and environmental conditions. However, innovative technologies are being applied to
help stimulate the sector.

Official Sponsor 31Qatar Business Guide
2016 - 2017