The State of Qatar has experienced rapid economic growth in recent years with a predicted GDP growth forecast to hit 7.8 % in 2015, its fastest rate since 2011.
Oil and gas have given Qatar one of the highest per capita incomes in the world and made it one of the fastest-growing economies. However, the country’s wealth is being channeled into funding the advancement of culture, science, and education on a strategic path towards a vibrant, knowledge-based society.
There are many reasons why Qatar is ranked as a high quality conference and exhibition destination. The focus on high-end tourism with infrastructure investments geared for the meetings, incentives, conferences and exhibitions market is supported by a full range of event support services. The thriving hotel industry boasts a full range of accommodation options and Qatar is also one of the safest countries in the world, welcoming visitors by blending international standards with traditional hospitality.
Qatar’s military spending follows the Middle Eastern trend by investing increasing amounts of GDP to modernize and strengthen its military forces, with $23 billion of deals announced at DIMDEX 2014 with the Qatar Armed Forces.
Arabic is the official language of Qatar, and English is the widely spoken business language. Qatar’s currency is the Qatar Riyal.