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Qatar is now among the richest countries in the world, on a per person basis. [39] Current GDP per capita registered a world record-breaking peak growth of 1,156% in the 70s. [40] This became quickly unsustainable due to the 1980s oil glut, and Qatar's current GDP per capita contracted 53% in the 80s. But rising global oil demand helped current ...
5 November — The 2024 Qatari constitutional referendum passes with 90.6% of voters in favour. [ 5 ] 9 November — Qatar announces that it would temporarily withdraw as a mediator between Israel and Hamas until both parties show "their willingness and seriousness" to end the war in Gaza .
For example, if one owns a share in a gold mine where the costs of production are US$300 per troy ounce ($9.6 per gram) and the price of gold is $600 per troy ounce ($19/g), the mine's profit margin will be $300. A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in ...
The mass media in Qatar relays information and data in Qatar by means of television, radio, cinema, newspapers, magazines and the internet. Qatar has established itself as a leading regional figure in mass media over the past decade. Al Jazeera, a global news network which was established in 1996, has become the foundation of the media sector. [1]
The Qatar diplomatic crisis was a high-profile incident involving the deterioration of ties between Qatar and the Arab League between 2017 and 2021. It began when Saudi Arabia, the United Arab Emirates, Bahrain, and Egypt simultaneously severed their bilateral relations with Qatar and subsequently banned Qatar-registered aircraft and Qatari ships from utilizing their sovereign territory by air ...
Qatar National Airlines, as well as Hamad International Airport, provide travelers with one of the best transportation services in the world, and this has increased tourism in Qatar. Gulf News, a research center in Qatar, by examining the statistics of recent years and upcoming events, has predicted that this country will earn 11 billion and ...
A referendum took place in Qatar on 5 November 2024 regarding the new revisions to the 2004 constitution. Some of the changes include strengthening the role of the emir and abolishment of the elections to the Consultative Assembly with its members being appointed instead. The referendum results will be legally binding. [1] [2] [3]
The QIA was founded in 2005 by the then-emir of Qatar, Hamad bin Khalifa Al Thani, to manage the oil and natural gas surpluses of the government of Qatar. [7]As a result of its stated strategy to minimize risk from Qatar's reliance on energy prices, the fund predominantly invests in international markets (United States, Europe and Asia-Pacific) and within Qatar outside the energy sector.