Doing Business in Qatar Guides. Middle East. Today, Qatar is categorized as one of the fastest growing economies in the world and enjoys the highest GDP per capita. The main economic sectors in Qatar are oil, gas and related industries. Qatar’s liquefied natural gas (LNG) industry has attracted tens of billions of dollars in foreign investment. Although oil and gas are the main contributors and components of the gross domestic product (GDP), Qatar encourages investment in different sectors, such as petrochemical industries, and the financial, real estate, franchising, education, health and industrial sectors.

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Doing Business in Qatar Guide

The Qatari government considers industry to be an integral part of its plan to diversify the economy and maximize its huge natural gas reserves, which serve as the primary feed stock for the sector. Accordingly, careful planning has gone into industrial development. Qatar is focusing on niche tourism, especially the business segment, as a means of growth for the sector. The government has naturally targeted the meetings, incentives, conferences and exhibitions segment as a viable source of development, with two new convention centers. Other niche tourism segments receiving special focus include cultural tourism on the back of the headline-grabbing opening of Doha’s Museum of Islamic Art, and sports tourism. Learn more from Qatar Business Guide provided by Ecovis Qatar Consulting.