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Qatar, a rapidly developing and economically robust nation, offers attractive opportunities for foreigners seeking permanent… Read More
2 weeks ago
Qatar
On 3 November 1916, the sheikh of Qatar entered into treaty relations with the United Kingdom. The treaty reserved foreign affairs and defence to the United Kingdom but allowed internal autonomy.
On 3 September 1971, those “special treaty arrangements” that were “inconsistent with full international responsibility as a sovereign and independent state” were terminated. This was done under an agreement reached between the Ruler of Qatar and the Government of the United Kingdom.
Once dependent on fishing and pearl diving, the economy of Qatar is now based on petroleum products. In fact, this once-sleepy nation is now the richest on Earth. Its per capita GDP is $102,100.
Qatar’s wealth is based in large part on exports of liquefied natural gas. An astonishing 94% of the workforce is foreign migrant workers, mainly employed in the petroleum and construction industries.
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