Cooper Fitch have been recruiting in Qatar since 1997. We are the recruitment agency of choice within the region, with our team of specialist recruitment consultants that focus in sourcing only the best talent in Accountancy & Finance jobs, Banking & Finance jobs, Property, Construction & Real Estate jobs, Manufacturing Engineering & Supply Chain jobs, Human Resource jobs, Technology jobs, Sales & Marketing jobs, Nationalisation jobs, Digital jobs, Legal jobs, VAT jobs and Tax Jobs.
Please feel to reach out to the Cooper Fitch team for all your recruitment needs in the Qatar.
Qatar has oil reserves of 15 billion barrels and gas fields that account for over 13% of the global resource. However, oil production will not remain at peak levels of half a million barrels per day, as oil fields are predicted to be mostly depleted by 2023. Large natural gas reserves have been located off Qatar’s coast and further phases of North Field gas development costing billions of dollars are in various stages.
Construction is Qatar’s fastest-growing sector, with the government having pledged $200 billion of investment as part of a vast infrastructure expansion scheme. As a result, opportunities for contractors abound, particularly in the transport, retail, real estate, tourism, and education sectors, not to mention the eight multi billion-dollar stadia being built in preparation for the 2022 FIFA World Cup. With such rapid growth, however, the sector has faced numerous challenges, including late payments, inflation and project delays.
Real Estate and Property: Property prices in Qatar continue to rise rapidly. This is all supported by rapid economic and population growth, and a construction boom in preparation for the 2022 FIFA World Cup. The value of real estate transactions rose by 18% year on year to QAR36 billion in the first half of 2015, and has almost tripled over the last five years.
A fast expanding population and a steady supply of infrastructure projects and hydrocarbons have allowed Qatar’s banking sector to maintain a continuous double digit growth. However, while the project pipeline remains full, the increasingly competitive banking environment has lead the nation’s lenders to seek revenue in untapped segments of the market. The result is new products and services, and an increasing investment in markets beyond Qatar’s borders.
Qatar is emerging as the most attractive market for retailers in the Middle East.
The Gulf state was a new entry at fourth in the latest Global Retail Development Index (GRDI).
Despite the record drop in oil prices, retail sales growth is expected to continue. Indeed, the retail space pipeline remains strong, with several major projects underway in Qatar.
Association football is the most popular sport in Qatar, both in terms of players and spectators. Qatar won their bid to host the 2022 FIFA World Cup, despite never previously qualifying for the FIFA World Cup Finals. This is creating huge revenue in the country much like the expectation of Dubai expo 2020 in the UAE.
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