The Gulf state is no longer looking to ramp up petrochemical production slowly, but rather to add a massive amount of capacity within a short timeframe Qatar’s petrochemicals industry has earned a reputation for delivering high-quality products to the global market. This has been achieved by slowly ramping up production and ensuring the quality of […]
Deadline set for 15 September for rolling stock, depots and track work Qatar Railways Company is set to tender for the project management consultancy services contract for systems, rolling stock, depots and track work for Doha Metro. The tender is due to be floated on 28 July and the deadline for bids is set for 15 September. […]
A recent Deloitte report entitled ‘Insight into the Qatar construction market and opportunities for real estate developers’ examines the construction market in Qatar and assesses opportunities for real estate developers in the country. Having been selected to host the FIFA World Cup in 2022 brought forth the opportunity for Qatar to position itself as a […]
Qatar has the world’s highest density of millionaires, with 143 out of every 1,000 households holding private wealth of at least $1mn, much higher than the global average, according to a report. Qatar also ranks fourth in the world by ultra-high-net-worth (UHNW) households, defined as households with more than $100mn in private wealth, with eight […]
Large-scale tunnelling schemes will provide base for Qatar infrastructure ahead of the Fifa World Cup Doha is about to become the tunnelling capital of the Middle East as it moves forward on a series of multibillion-dollar infrastructure schemes ahead of the Fifa 2022 World Cup. The projects that involve large-scale tunnelling works are the Doha […]
DOHA: Qatar’s high government capital spending on huge multi-year projects will continue to stimulate the country’s non-hydrocarbon sector, said the ratings agency Fitch in its latest “GCC Sovereign Credit Review”. With a projected 7.6 percent, Qatar has been forecast to have the highest growth rate in the real non-oil growth in the region. Qatar is […]
Qatar has lined up a total of 21 new hotels for the next five years as part of adding up 45,000 additional hotel rooms to its existing capacity. This would be Qatar’s major efforts to meet FIFA’s projected capacity requirement of 60,000 rooms. Of the list of planned hotels scheduled to open by 2017, 11 […]
Doha: The per capita water consumption in Qatar is the highest in the world, with the total consumption recorded at 216 cubic metres in 2012. This was revealed by officials of the Qatar General Electricity and Water Corporation (Kahramaa) on the occasion of the Arab Water Day observed by the Arab Water Ministerial Council yesterday. […]
Qatar is the third largest projects market among the GCC countries behind Saudi Arabia and the UAE, according to the Meed Insight projects forecast for the GCC countries. Speaking on the upcoming projects in the country yesterday at the Meed 2013 Qatar Conference held at Grand Hyatt hotel, Ed James, head of Meed Insight, said […]
JEDDAH — The GCC countries are allocating $36 billion to further develop their port infrastructure amid increasing foreign non-oil trade volumes. Saudi Arabia is powering ahead with port infrastructure development with more than $750 million allocated to Dammam’s King Abdul Aziz Port, which includes the launch of a second hi-tech container terminal in 2015 with […]