Qatar
While still deriving the majority of state revenue from oil and natural gas, Qatar has worked hard in recent years to diversify its economy. Shifting its focus to building up non-energy sectors, GC investigates the range of opportunities available for in-house counsel in Qatar.
The State of Qatar is an independent emirate located along the western coast of the Arabian Gulf. Among its vast shale and crude oil stockpiles, the country is known to have the third largest natural gas reserve in the world. Since becoming independent in 1971, Qatar has used its considerable natural resources to transform itself into an economically flourishing nation in the Gulf.
In a bid to become less vulnerable to the boom and bust cycles of oil and natural gas prices, Qatar has shifted its focus from the energy sector towards developing a robust financial industry and infrastructure portfolio.
