Posts Tagged Qatar

Qatar set to be knocked off its position as richest country in the world

August 10, 2018

Qatar is set to be knocked off its perch as the richest country in the world by the Chinese gambling enclave of Macau.

For several years the gas rich Gulf state held the envious status of the richest country in the world. Its per capita GDP was around $127,600 a year ago, according to the International Monetary Fund and with Luxembourg quite a way off in second place, with $104,003, Qatar’s status seemed to have been safe.

However the global casino hub of Macau has reached parity with Qatar’s GDP per capita and is predicted to outstrip Qatar by 2020, with $143,116 per capita GDP, according to projections from the IMF. The prediction will put Macau ahead of the current No. 1 Qatar, which will reach $139,151 in the same timeframe.

A former Portuguese outpost on the southern tip of China, Macau has become a gambling capital since returning to Chinese control almost two decades ago.

It is the only place in China where casinos are legal, turning it into a magnet for high-rollers from the mainland. Macau’s gross domestic product has more than tripled from about $34,500 per capita in 2001, the IMF data shows.

The wealth gap between the two places is also expected to widen beyond 2020, with Macau’s GDP per capita set to reach $172,681 by 2023, according to data compiled from the April edition of the IMF’s Global Economic Outlook database. Qatar’s, meanwhile, will grow to just $158,117.

Small developed countries or regions are more likely to rank top of world rich lists when there are fewer people to divide the wealth. The per capita calculation works in favor of Macau, whereas the oil-rich nation of Qatar has a population of 2.57 million.

Qatar has also endured a period of sluggish economic growth as a result of sanctions imposed by its Gulf neighbors; Saudi Arabia, UAE, Bahrain and Egypt. Doha’s economy has recovered but its ability to maintain the level of growth seen in past is unlikely to be repeated in the foreseeable future under the current climate.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180810-qatar-set-to-be-knocked-off-its-position-as-richest-country-in-the-world/.

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Qatar recruits Jordanians

July 18, 2018

Samir Murad, Jordan’s Labor Minister, and Qatar’s Minister of Management Development, Labor and Social Welfare, Issa al-Naimi announced an agreement, Tuesday, to create 1,000 work places for Jordanians by September, Jordanian news agency Petra reported.

This agreement is part of the Qatari initiative to afford 10,000 work places for the Jordanian youths, the Jordanian minister said.

During a press conference in Doha, Murad said that Qatari government will issue visas for Jordanian job seekers.

Murad went on to say that both the Jordanian and Qatari ministries agreed to form a joint committee to follow up the issue. They will prepare a database for the Jordanian job seekers and make it available to Qatari employers.

Murad said that the Qatari initiative would help decrease unemployment rate in the Kingdom, which has reached 18.5 per cent (280,000).

Murad also said that Jordan would support Qatari efforts in the run up to World Cup 2022.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180718-qatar-recruits-jordanians/.

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South Africa rejects Saudi, UAE pressure to boycott Qatar

July 21, 2018

South Africa has rejected Saudi and UAE pressure to severe relations with Qatar, Al-Khaleej Online reported Pretoria’s envoy to Doha saying.

During a celebration to remember South African freedom icon Nelson Mandela in Doha on Wednesday, Faizel Moosa said that his country rejected such pressure “because it was against the values that Mandela fought for – not to interfere in the others’ internal affairs.”

“Qatari-South African relations are developing continuously,” Moosa said at the event. Commercial exchange between the two countries rose to 70 per cent after the siege imposed by Saudi Arabia, the UAE, Bahrain and Egypt in June last year, and there would be more mutual investments, he added.

A new station is being built in South Africa to allow for the delivery of Qatar gas, and businessmen from the small Gulf state are investing in South Africa.

He went on to hail Qatar’s role in Africa which has increased following the Emir of Qatar’s recent tour of the region.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180721-south-africa-rejects-saudi-uae-pressure-to-boycott-qatar/.

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Qatar, Iraq sign security cooperation agreement

March 15, 2018

Qatar signed yesterday a memorandum of understanding (MoU) with Iraq to strengthen security cooperation between the two countries, the Qatar News Agency (QNA) has reported.

The agreement aims to enhance security cooperation and exchanging information and experiences between Qatar and Iraq.

“The MoU between the Qatar and Iraq aims at further joint security cooperation and regulates the coordination process between the two countries, as well as the exchange of information and experience, as Iraq accumulates experience in the security field,” QNA quoted the country’s head of public security, Major General Saad Bin Jassim Al Khulaifi, as saying.

He further explained that it will cover all security-related areas, including training and exchange of information in the field of combating terrorism, money laundry, combating counterfeiting, organised crime, drugs and human trafficking as well as all security of ports and airports.

Praising the “close cooperation between the two countries in all fields,” Al Khulaifi noted that the two parties intend to form a joint committee of specialists to follow up and monitor the implementation of the MoU’s provisions.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180315-qatar-iraq-sign-security-cooperation-agreement/.

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‘Qatar will not change policy even if blockade never ends’

March 1, 2018

A spokeswoman for the Qatari foreign ministry said yesterday that her country will not change its policy even if the blockade continues forever.

Foreign Ministry spokeswoman, Lulwa Al Khater, made the remarks at the opening session of an international conference organized by the Middle East Dialogue Center in Brussels.

“The siege imposed on Qatar by regional players has accelerated our relations through several axes, the most important of which was the launching of the Qatari-US strategic dialogue,” Al Khater said, adding that the conference in Brussels “is an opportunity to refute the lies spread by the blockade countries and to respond to those who try to discredit Qatar.”

For his part, the Qatari Ambassador to Belgium, Abdul Rahman Bin Mohammed Al Khulaifi, said the siege gave Qatar power and it could overcome its consequences quickly, adding that the siege now has only effects on the social side while the state succeeded in maintaining its stability and security.

Al Khulaifi explained that Qatar has succeeded in finding alternatives and strategic partnerships to achieve its ambitions.

According to the ambassador, Doha has investments worth about $2 billion in Turkey, while Ankara will support the Qatari economy and participate in the 2022 World Cup projects.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180301-qatar-will-not-change-policy-even-if-blockade-never-ends/.

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Turkey to deploy 60,000 soldiers in bases abroad, including in Qatar

January 18, 2018

60,000 armed Turkish soldiers will be deployed across four military bases abroad in accordance with a new 2022 plan, The New Khalij reported today.

The Turkish National Security Council finalized the plan yesterday, in order to meet Turkey’s military and commercial interests to support its allies.

Turkey already has 3,000 troops deployed near the Red Sea, in Somalia and a military base in Sudan’s Suakin Island, which is capable of holding some 20,000 military personnel for five years. 200 Turkish soldiers have been deployed in Somalia since October last year, training Somalia’s military.

In addition to some hundred soldiers currently based in Qatar’s Al-Udeid military base since shortly after the blockade on Qatar, Turkey plans to deploy more to fulfill its 2022 plan. The number has not publicly been disclosed.

Qatar announced today that Turkish commercial firms will be given priority for business during the World Cup in 2022, to be held in the capital of Qatar, Doha.

Some 112 companies from a variety of sectors will be attending Expo Turkey by Qatar, co-organized with Turkey’s Independent Industrialists and Business people’s’ Association (MUSIAD). Turkish and Qatari commercial firms have already signed business agreements worth some 60 million dollars.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180118-turkey-to-deploy-60000-soldiers-in-bases-abroad-including-in-qatar/.

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Two-day Gulf summit ends within hours amid Qatar crisis

December 05, 2017

KUWAIT CITY (AP) — Kuwait’s emir on Tuesday quickly called an end to a planned two-day meeting of the Gulf Cooperation Council within hours of its start amid the ongoing diplomatic dispute surrounding Qatar.

The sudden end of the meeting in Kuwait City raised new questions about the future of the GCC, a six-member Gulf Arab regional bloc formed in part to be a counterbalance to Shiite power Iran. Sheikh Sabah Al Ahmad Al Sabah’s decision came after the United Arab Emirates earlier in the day announced a new partnership with Saudi Arabia separate from the GCC.

The Emirati Foreign Ministry said the new “joint cooperation committee” was approved by the UAE’s ruler and president, Sheikh Khalifa bin Zayed Al Nayhan. The ministry said the new committee “is assigned to cooperate and coordinate between the UAE and Saudi Arabia in all military, political, economic, trade and cultural fields, as well as others, in the interest of the two countries.”

The UAE and Saudi Arabia have cultivated close ties in recent years. Emirati troops are deeply involved in the Saudi-led war in Yemen. Abu Dhabi’s powerful crown prince, Mohammad bin Zayed Al Nayhan, also is believed to be close to Saudi Arabia’s young Crown Prince Mohammed bin Salman.

The Emirati announcement did not say whether any other Gulf Arab countries would be invited to join the new group, but the development puts pressure the GCC, whose members — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Emirates — are all U.S. allies.

The United States and its European allies have told the council’s members that the region remains stronger with them working together as a whole, while the countries themselves still appear divided over their future.

The fact the GCC meeting in Kuwait was to take place at all is a bit of a surprise, given the unusually sharp criticism among the typically clubby members of the GCC pointed at Doha. The dispute began in June, following what Qatar described as a hack of its state-run news agency and the circulation of incendiary comments attributed to its ruler, Sheikh Tamim bin Hamad Al Thani. Soon after, GCC members Bahrain, Saudi Arabia and the United Arab Emirates closed off their airspace and seaports to Qatar, as well as the small peninsular nation’s sole land border with Saudi Arabia.

The boycott initially riled Doha, though it soon replaced food products with those flown in from Turkey and Iran. However, Qatar’s foreign reserves have dropped by some $10 billion — a fifth of their value — since the dispute began. Those reserves are crucial in supporting the nation’s riyal, which is pegged to the U.S. dollar, as well as funding the upcoming 2022 FIFA World Cup that Doha will host.

The boycotting nations allege Qatar funds extremist groups and has too-cozy ties to Iran. Qatar has long denied funding extremists but it restored full diplomatic ties with Iran during the crisis. Doha shares a massive offshore natural gas field with Tehran that gives its citizens the highest per-capita income in the world.

A similar dispute involving Qatar erupted in 2014. But this time positions have hardened against Qatar, whose support for Islamist opposition groups has angered the Arab nations now boycotting it. The UAE in particular views Islamists as a threat to hereditary rule in its federation of seven sheikhdoms. Egypt, angered by Qatar’s support for the Muslim Brotherhood and the nation’s deposed President Mohammed Morsi, is also boycotting Doha.

The U.S., which has some 10,000 troops stationed at Qatar’s sprawling al-Udeid Air Base as part of its campaign against the Islamic State group and the war in Afghanistan, also has sought to end the crisis. Its military has halted some regional exercises to put pressure on the GCC to resolve the crisis. However, President Donald Trump in the meantime made comments seemingly supporting the Arab nations’ efforts at isolating Qatar, complicating those efforts.

A Trump-prompted call in September between Qatar’s Sheikh Tamim and the Saudi crown prince that offered a chance at negotiations also broke down in mutual recriminations. Kuwait’s 88-year-old emir, Sheikh Sabah, has tried to mediate the dispute, so far without success.

Tuesday’s meeting in Kuwait City was to be a summit of the region’s rulers. However, only Qatar and Kuwait were represented by their ruling emirs, sparking anger online by Kuwaitis that the nations boycotting Qatar had slighted their leader.

Despite the troubles, Sheikh Sabah tried to stay positive. “I would like to congratulate all the people of the GCC nations for our success in holding this summit, proving how committed we are to this establishment and continuity,” he said.

After a closed-door meeting lasting around 15 minutes, Sheikh Sabah announced the end of the summit to applause.

Associated Press writers Hussain al-Qatari and Malak Harb contributed to this report.

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