Why Qatar
Qatar is one of the most stable and rapidly growing economies globally. Its strategic location at the intersection between East and West not only enhances accessibility but also reinforces its position as a regional and international hub for establishing and expanding businesses. This advantage is complemented by its visionary leadership, which actively seeks to provide investment opportunities across various economic sectors, including the media industry. One of the most developed Arab nations in terms of entrepreneurship, the UN classifies Qatar as a country with high human development. Moreover, Qatar holds a prominent role as a major commercial player in the Middle East and has the distinction of being the first Arab country to host the FIFA World CupTM in 2022.
A stable economy
- A strong economy that grew at an average rate of 5.6% over the last decade
- A long-term strategy aimed at sustainable economic growth as per the Qatar National Vision 2030
- 4th highest GDP per capita (Power purchasing parity, 2020)
- Member to multiparty trade agreements under the WTO, including GATT, GATS, and TRIPS
- Founding member of the Greater Arab Free Trade Zone
- More than 60 bilateral investment agreements, in addition to double taxation agreements with 80 countries
- 20th best country for investment as per US News Report 2022
- A popular tourist destination with an anticipated 5.6 million visitors in 2023
Open environment
- Ranked as the safest country in the world (Numbeo 2022)
- 1st in the MENA region for global peace and safety, according to the Global Peace Index
- Best Arab country in terms of education quality (Davos Forum Report 2021)
- 17th in the world on the competitiveness index as per IMD in Switzerland
- World’s best place to live and work as per HSBC’s Expats Survey 2020
- More than 85 nationalities represented
- Visa-free entry for visitors from 95 nationalities
- 5th best healthcare system in the world according to Legatum Prosperity Index 2019, and the best in the region according to Numbeo’s Healthcare Index 2021
- 99% internet penetration, the highest in the world in 2021, according to Hootsuite and Wearesocial, and high 5G data speed
- An advanced society characterized by high media consumption and supported by leading media companies such as DFI, Qatar Foundation, Al Jazeera, BEIN, Ooredoo, and others
Strategic location
- Access to 80% of the world’s countries within eight hours of air travel
- One of the largest seaports in the Middle East
- Major international air hub with Hamad International Airport, which won the Skytrax Best Airport Award for 2021-2022
- Home to Qatar Airways and Qatar Airways Cargo, the world’s best cargo carrier for seven consecutive years