Migrant Workers to Qatar Article Example | Topics and Well Written Essays - 500 words

Migrant Workers to Qatar - Article ExampleAt the start of the century, Qatar resolved its disputes sharpness disputes with Saudi Arabia and Bahrain. Owing to enormous revenues from oil and natural gas, Qatar attained the highest per capita GDP in the innovation as of 2007. Partly because of vast wealth, Qatar was not affected by the uprising that affected the Arab world in the 2010-2011. capital of Qatar has however supported many of these revolutions specifically in Libya and Syria. In 2013, Hamad stepped down and left power to Tamim put in Hamad his son aged 33 in a peaceful transfer of power which is uncommon in the Gulf States. Tamim has embarked on ameliorate the welfare of Qataris in terms of healthcare, education, and infrastructure. Qatar is also on a big expansion of infrastructure particularly in anticipation of the 2022 World Cup that its hosting.The economy of Qatar is a vibrant one. Because of the vast energy reserves, Qatar boasts the highest income per capita in t he world. The country also has the lowest unemployment in the world. During the financial crisis that fool away the world, the government focused on protecting the domestic banking sector. This was through direct investments into the local banks. The GDP of Qatar is by and large driven by the oil and gas sector. The government policy is however focused on improving the investment in the non-energy sector although oiland gas still contribute more than fifty share of GDP, around 85% of earnings from exports and half of government revenues (Central Intelligence Agency, 2014). Qatar has proven oil reserves in the range of twenty five billion barrels which at the current extraction rate should nett another 57 years (Central Intelligence Agency, 2014). Qatar has proven natural gas reserves in the scanty of twenty five trillion cubic metres this is the third largest in the entire world and 13% of the worlds total. Qatar was successful in winning the 2022 world cup bid