Pest Analysis

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  • Topic: Qatar, Municipalities of Qatar, Ar Rayyan
  • Pages : 7 (2107 words )
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  • Published : March 10, 2013
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PESTLE ANALYSIS OF QATAR
Qatar has an emirate –type government. Qatar claims that it is developing into a constitutional monarchy but it doesnt allow political parties nor hold elections on a national level yet.Suffrage is currently limited to municipal elections (for both males and females aged 18 years or more). Expatriate residents are excluded, as are the vast number of residents who are prevented from applying for citizenship. The elected Municipal Council has no executive powers but may offer advice to the Minister. ttp://www.ukessays.com/essays/economics/pestle-analysis-of-qatar-economics-essay.ph Qatar is divided into ten municipalities, also occasionally or rarely translated as governorates or provinces: Ad Dawhah

Al Ghuwariyah
Al Jumaliyah
Al Khawr
Al Wakrah
Ar Rayyan
Jariyan al Batnah
Ash Shamal
Umm Salal
Mesaieed
Since 2004, Qatar has been divided into eight municipalities. A new municipality, Al Daayen, was created under Resolution No. 13 formed from parts of Umm Salal and Al Khawr; at the same time, Al Ghuwariyah was merged with Al Khawr; Al Jumaliyah was merged with Ar Rayyan; and Jarayan al Batnah was split between Ar Rayyan and Al Wakrah. ECONOMY

Basic Economic Facts
GDP: US$71.2 billion (2007 est, Qatar Statistic Authority)
GDP per capita: US$74,000
Annual Growth: 14.2%
Inflation: 13.73%
Major Industries: Petrochemicals, Financial Services, Construction Major trading partners: Japan, US, UK, Singapore, South Korea, Italy, Germany, UAE, France, Saudi Arabia Exchange rate: £1 = QR 5.97 (October 2009) US$1 = QR 3.64 (fixed) AVERAGE OIL PRODUCTION

Global economy expected to grow 3.9% in 2010, emerging economies to expand 6.0%.US economy registered 5.6% growth in Q4 2009, fastest since third quarter of 2003.Global composite PMI indicates continued expansion of manufacturing and services industry activity. Qatar’s real GDP is expected to expand by 18.1% in 2010 Continued government support and increased hydrocarbon revenues to boost the economy.Central Bank’s net reserves estimated at US$ 19.3 bn (2009), up from US$ 9.8 bn in 2008. Business optimism in the non hydrocarbon sector has stabilized in last two quarters.Drop in selling price optimism becomes a drag on the hydrocarbon sector outlook. Global construction sector currently driven by infrastructure spending as commercial property undergoes correction.Demand outlook for Qatar’s construction sector shows signs of improvement with increasing optimism on new orders.Profitability levels are expected to stay muted due to higher raw material costs.While income from oil, currently produced at around 800,000 barrels per day, accounts for most of the government's revenue, Qatar's future economy will depend increasingly on gas. Qatar has invested heavily in world class Liquefied Natural Gas (LNG) facilities including a deep-water port at Ras Laffan to exploit the North Dome gas field. This field is the world’s largest non-associated gas field, holding 14-16% of world reserves. At current planned rates of extraction the field will last for over two hundred years. Qatar is already the leading global supplier of LNG and output is expected to increase to 77 million tonnes per year by 2012. There are two national gas companies, Qatargas and RasGas. Through the South Hook LNG terminal in Wales, Qatar is capable of supplying up to 20% of the UK’s gas needs. Government efforts to diversify the economy have led to the establishment of petrochemical, oil-refining, and fertiliser industries, as well as the establishment of Qatar Airways, the Qatar Science and Technology Park and the growth of Doha as a regional conference centre. Qatar pursues a vigorous program of "Qatarization," under which all joint venture industries and government departments strive to move Qatari nationals into positions of greater authority. Growing numbers of foreign-educated Qataris, including many educated in the U.S., are returning home to assume key positions formerly occupied by...
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