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Some Facts about Doha, Qatar.
According to Forbes Report Dec 2013:
Qatar has prospered in the last several years with continued high real GDP growth. Throughout the financial crisis Qatari authorities sought to protect the local banking sector with direct investments into domestic banks. GDP grew sharply in 2010 largely due to the increase in oil prices, and 2011’s growth was supported by Qatar’s investment in expanding its gas sector. GDP slowed to 6.6% in 2012 as Qatar’s gas sector expansion moved toward completion. Economic policy is focused on developing Qatar’s nonassociated natural gas reserves and increasing private and foreign investment in non-energy sectors, but oil and gas still account for more than 50% of GDP, roughly 85% of export earnings, and 70% of government revenues. Oil and gas have made Qatar the world’s highest per-capita income country and the country with the lowest unemployment. Proved oil reserves in excess of 25 billion barrels should enable continued output at current levels for 57 years. Qatar’s proved reserves of natural gas exceed 25 trillion cubic meters, more than 13% of the world total and third largest in the world. Qatar’s successful 2022 World Cup bid will likely accelerate large-scale infrastructure projects such as Qatar’s metro system, light rail system, and the Qatar-Bahrain causeway. The Hamad International Airport is projected to open by the end of 2013 with an annual passenger capacity of 24 million.
Doha is a capital of Qatar and largest city, with over 60% of the nation’s population residing in Doha or its surrounding suburbs, and is also the economic centre of the country. Doha is the home to the Education City, an area devoted to research and education. Doha was the site of the first ministerial-level meeting of the Doha Development Round of World Trade Organization negotiations. The city of Doha held the 2006 Asian Games, which was the largest Asian Games ever held. Doha also hosted the 2011 Pan Arab Games and most of the games at the 2011 AFC Asian Cup. Doha will also host the UNFCCC Climate Negotiations (COP 18) in December 2012 and a large number of the venues for the 2022 FIFA World Cup.