You are here: Home › Qatar 2013

Growth beyond oil

Currently the richest country in the Arab world, Qatar is the largest supplier of liquefied natural gas and has the third-largest supply in natural gas reserves, which are projected to last for more than fifty years. But Qatar is also rich in ambition as it embarks on creating a future founded on a limitless resource — knowledge and innovation.

Overseen by His Highness the Emir, Sheikh Hamad bin Khalifa Al-Thani, the country has developed the Qatar National Vision (QNV) 2030, which outlines various projects to build a knowledge and talent-based economy within seventeen years.

The Qatar Science & Technology Park (QSTP), the first of its kind, began operations five years ago as an initiative of Her Highness Sheikha Mozah bint Nasser to stimulate innovative industries.

“My whole strategy here was to work with industry because that would be the fastest way to accelerate research. More than eighty percent of our projects are cofunded,” said Executive Chairman Dr. Tidu Maini.

In 2011, Chevron Qatar and GreenGulf established the country’s first solar test facility at the QSTP.

“Among our first projects were large rooftop installations, the first of their kind in Qatar. We also now have a partnership with the Qatar Science & Technology Park and Chevron for testing and commercializing emerging solar technologies at the QSTP. We are looking to develop large–scale solar and waste-to-energy projects throughout the Gulf,” said GreenGulf CEO Omran Al-Kuwari.

“In the past, renewables were a controversial subject in the region. It was seen as a competing fuel. But now, the dynamics are changing dramatically,” Al-Kuwari said. “The Gulf is now becoming a market for electricity and there is a need to diversify in order to increase energy production.”

Set up in 2009, GreenGulf aims to mitigate the impact of climate change while promoting renewable energy and energy efficiency through three strands of business: advisory and consulting, project development, and investment.

“Under our investment business, we are launching the first sharia-compliant renewable energy fund based in Qatar. We’re looking to invest in assets in and around the region,” Al-Kuwari said.

The push for innovation is not confined to research and development as Qatari businesses contribute to the realization of QNV 2030.

“In the past, renewables were a controversial subject in the region. It was seen as a competing fuel. But now, the dynamics are changing dramatically” - Omran Al-Kuwari, Greenfulf CEO

Operating since 2006, the Barwa Group is a prime example of a successful Qatari conglomerate. In just six years, it has grown to more than forty investments, with operations in thirteen other countries around the world.

With the QNV 2030 in mind, Barwa Group has embarked on a mission to help diversify Qatar’s economy by focusing on local and international real estate, infrastructure services, and business and financial services.

Evidence of its commitment to a sustainable knowledge-based economy is Barwa Real Estate’s recent partnership with Kahramaa and Qatar Green Building Council (QGBC) in an experiment to develop energy–efficient building standards with reduced energy and water consumption and less carbon emissions.

With all these developments within booming industries in Qatar, it has become essential to stay well informed in order to make sound business decisions and stay ahead of increasing competition.

TheEDGE has introduced a new level of independent journalism to Qatar, particularly in the business realm,” said Mohamed Jaidah, cofounder and CEO of Firefly Communications, which publishes the highly successful TheEDGE business magazine.

Firefly Communications provides full end-to-end editorial solutions and publishes the most profitable magazines in the country — Sur la Terre and TheEDGE.

“The magazine is becoming respected for its unwavering editorial integrity and accuracy. For this reason, the magazine and its website are increasingly becoming the preferred media reference point for businessmen both inside and outside of Qatar,” said Jaidah.

Set up in 2007, Firefly Communications wants to bridge the gap in smart communication and raise standards for media outfits in Doha and the rest of the Middle East and North Africa.

“Our aim is to become a platform of innovative and cutting—edge solutions, bring people together, and effect change in the GCC and beyond, all through sustainable communication platforms,” he said.

A push toward economic and environmental sustainability from all sectors is propelling Qatar’s rapid growth and steering the country toward its dream and vision of having an economy leveragedon knowledge and innovation by 2030.

 

- This Special Report on Qatar originally appeared in the January/February 2013 edition of Foreign Affairs (Credit: Janine Ramirez)

Qatar 2013 was prepared for and originally printed in Foreign Affairs magazine.

PDF of the printed report

Next :  

latest special features:

Upcoming Reports from

Singapore 2017

See Preview »

After celebrating 50 years of independence in 2015, Singapore enters a new phase in its history. With this recalibration, the world is keen to know...

Northwest USA 2017

See Preview »

Global Media Inc. continues its coverage of the United States by returning to the dynamic business environment of Northern California and heading f...

Kazakhstan 2017

See Preview »

2016 was a landmark year for Kazakhstan. It marked the 25th anniversary of the independence of Central Asia’s largest country and establishment of ...

Japan 2017, Part 2

See Preview »

Following a successful report on Tokyo and Osaka, GMI returns to Japan to cover the rest of the country. While Japan, of course, boasts of glob...

Taiwan 2017

See Preview »

Celebrating over 35 years since the enactment of the Taiwan Relations Act, the Republic of China (Taiwan) and the United States share a special bon...

Southern California 2017

See Preview »

During his state visit to the United States in April 2016, Japanese Prime Minister Shinzo Abe reaffirmed his confidence that Japan and the United S...




  • Global Media is your partner in reaching a powerful international audience through high-level economic reporting.

    Our ambition is to highlight under-reported developments and opportunities around the world, and allow leaders in these regions and sectors to take their message to the highest global level. We partner with top media to communicate with the world’s most powerful audiences. We specialize in communication and branding initiatives that help our clients effectively get their messages to their existing and potential partners. We achieve results for our clients by introducing them and their initiatives to an audience of elite international business and government leaders.

    Global Media Inc. is an independent media agency with offices in Hong Kong and Canada. GMI has more than a decade of experience in the writing, researching, and production of promotional country reports, with media partners from East Asia to North America. We have teams worldwide that develop country and thematic reports on the latest economic trends and developments.

    We are a media partner of Foreign Affairs,the United States’ most influential publication, published by the New York-based Council on Foreign Relations.

    Nearly a century old, there isn’t a more influential or higher-reaching publication in the United States than Foreign Affairs. The journal is ranked #1 in influence by U.S. opinion leaders in a recent nationwide study conducted by Erdos and Morgan, the premier business-to-business research firm. Their findings place Foreign Affairs ahead of all media, both print and broadcast, including The New York Times, The Wall Street Journal, The Economist, and The Washington Post.

    Testimonials:

    “We were extremely impressed with how efficient, well-coordinated, responsive and reliable the Global Media Inc. team was. We owe them a lot for their professionalism. We were very pleased with the outcome, and the article was very well-written. We hope to have an opportunity to work with Global Media Inc. again in the near future.� – Japan Airport Terminal Co. Ltd.
    “The Global Media team’s professionalism was excellent. Their team was great and always gave us the right suggestions and information. The product was excellent, and we were very happy to have such a great opportunity working with their excellent team.â€� – National Graduate Institute of Policy Studies (GRIPS)
    “We were honored to be chosen as one of the good universities in Japan. This article conveyed Seigakuin University’s educational ideals and the message from President Akudo. The advertisement was conspicuous and gave a good impression that Seigakuin nurtured students to contribute to world peace. We really appreciated what Global Media Inc. had did for us.â€� – Seigakuin University

    Whom we have featured:

    • Australian Prime Minister Julia Gillard
    • Australian Foreign Affairs Minister (and former Prime Minister) Kevin Rudd
    • Japanese Prime Minister Shinzo Abe
    • Qatari Minister of International Trade and Industry Dato’ Sri Mustapa bin Mohamed
    • Japanese Minister of Education, Culture, Sports, Science and Technology Yoshiaki Takaki
    • Taiwanese Foreign Minister Yang Chin-Tien
    • Taiwanese Finance Minister Lee Sush-Der
    • Taiwanese Economic Affairs Minister Shih Yen-Shiang
    • Taiwanese National Science Council Minister Lee Lou-Chuang,
    • Taiwanese Deputy Minister of Transport and Communications Yeh Kuang-Shih
    • Taiwanese Political Deputy Minister of Education Dr. Lin Tsong-Ming
    • Indonesian Ambassador to the United States Dr. Dino Patti Djalal
    • Indonesian Investment Coordinating Board Chairman Gita Wirjawan
    • Philippine President Benigno S. Aquino III
    • Philippine Senate President Juan Ponce Enrile