Doha, Ad-Dawhah, Qatar

Economy

๐Ÿ‡ถ๐Ÿ‡ฆ Doha (ุงู„ุฏูˆุญุฉโ€Ž) is the capital and most populous city of Qatar. The city is located on the coast of the Persian Gulf in the east of the country. It is Qatar's fastest growing city, with over 80% of the nation's population living in Doha or its surrounding suburbs, and it is the political and economic centre of the country.

Doha was founded in the 1820s as an offshoot of Al Bidda. It was officially declared as the country's capital in 1971, when Qatar gained independence from being a British protectorate. Doha is the commercial capital of Qatar and one of the emergent financial centres in the Middle East. Doha accommodates Education City, an area devoted to research and education, and Hamad Medical City, an administrative area of medical care. It also includes Doha Sports City, or Aspire Zone, an international sports destination that includes Khalifa International Stadium, a stadium for the 2022 FIFA World Cup; Hamad Aquatic Centre; and the Aspire Dome.

The city was host to the first ministerial-level meeting of the Doha Development Round of World Trade Organization negotiations. It was also selected as host city of a number of sporting events, including the 2006 Asian Games, the 2011 Pan Arab Games and most of the games at the 2011 AFC Asian Cup. In December 2011, the World Petroleum Council held the 20th World Petroleum Conference in Doha. Additionally, the city hosted the 2012 UNFCCC Climate Negotiations and is set to host the 2022 FIFA World Cup. The city also hosted the 140th Inter-Parliamentary Union Assembly in April 2019.

Economy Doha is the economic centre of Qatar. The city is the headquarters of numerous domestic and international organisations, including the country's largest oil and gas companies, Qatar Petroleum, Qatargas and RasGas. Doha's economy is built primarily on the revenue the country has made from its oil and natural gas industries. Doha was included in Fortune's 15 best new cities for business in 2011. West Bay serves as the commercial district of Doha and houses offices of many local and global companies.

Beginning in the late 20th century, the government launched numerous initiatives to diversify the country's economy in order to decrease its dependence on oil and gas resources. Doha International Airport was constructed in a bid to solidify the city's diversification into the tourism industry. This was replaced by Hamad International Airport in 2014. The new airport is almost twice the size of the former and features two of the longest runways in the world. Thirty-nine new hotels were under construction in the city in 2011.

As a result of Doha's rapid population boom and increased housing demands, real estate prices rose significantly through 2014. Real estate prices experienced a further spike after Qatar won the rights to host the 2022 FIFA World Cup. Al Asmakh, a Qatari real estate firm, released a report in 2014 which revealed substantial increases in real estate prices following a peak in 2008. Prices increased 5 to 10% in the first quarter of 2014 from the end of 2013. A 2015 study conducted by Numbeo, a crowd-sourced database, named Doha as the 10th most expensive city to live in globally. This rate of growth led to the development of planned communities in and around the city. Although the fall in oil prices since 2014 and a diplomatic crisis with Qatar's neighbors slowed growth in the city's population, government spending was increased to maintain the growth in real estate in metropolitan Doha.

Expatriate workers remitted $60bn between 2006 and 2012, with 54 percent of the workers' remittances of $60bn routed to Asian countries, followed by Arab nations that accounted for nearly half that volume (28 percent). India was the top destination of the remittances, followed by the Philippines, while the US, Egypt and the neighbouring UAE followed. Remittances in 2014 totaled $11.2 billion, amounting to 5.3% of Qatar's GDP.:โ€Šโ€Š

Doha, Ad-Dawhah, Qatar 
<b>Doha, Ad-Dawhah, Qatar</b>
Image: Adobe Stock boule1301 #196194848

Doha is rated Beta + by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Beta level cities are cities that link moderate economic regions to the world economy.

Doha is the #68 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria โ€“ Human Capital, Business, Finance, Infrastructure and Reputation.

Doha is ranked #74 and rated C by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. C cities are international gateway cities. Doha was ranked #727 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Doha has a population of over 956,460 people. Doha also forms the centre of the wider Doha metropolitan area which has a population of over 2,382,000 people. Doha is ranked #468 for startups with a score of 0.417.

To set up a UBI Lab for Doha see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities include:

๐Ÿ‡บ๐Ÿ‡ธ Alameda, USA ๐Ÿ‡ฉ๐Ÿ‡ฟ Algiers, Algeria ๐Ÿ‡ฏ๐Ÿ‡ด Amman, Jordan ๐Ÿ‡น๐Ÿ‡ท Ankara, Turkey ๐Ÿ‡ฌ๐Ÿ‡ฒ Banjul, The Gambia ๐Ÿ‡จ๐Ÿ‡ณ Beijing, China ๐Ÿ‡ต๐Ÿ‡ธ Beit Sahour, Palestine ๐Ÿ‡ฐ๐Ÿ‡ฌ Bishkek, Kyrgyzstan ๐Ÿ‡ง๐Ÿ‡ท Brasรญlia, Brazil ๐Ÿ‡บ๐Ÿ‡ธ Charleston, USA ๐Ÿ‡จ๐Ÿ‡ณ Cheongwen, China ๐Ÿ‡ป๐Ÿ‡ช Libertador, Venezuela ๐Ÿ‡บ๐Ÿ‡ธ Los Angeles, USA ๐Ÿ‡ง๐Ÿ‡ญ Manama, Bahrain ๐Ÿ‡ช๐Ÿ‡ธ Marbella, Spain ๐Ÿ‡บ๐Ÿ‡ธ Miami, USA ๐Ÿ‡ธ๐Ÿ‡ด Mogadishu, Somalia ๐Ÿ‡จ๐Ÿ‡พ Nicosia, Cyprus ๐Ÿ‡ฐ๐Ÿ‡ฟ Nur-Sultan, Kazakhstan ๐Ÿ‡ฒ๐Ÿ‡บ Port Louis, Mauritius ๐Ÿ‡ช๐Ÿ‡จ Quito, Ecuador ๐Ÿ‡ธ๐Ÿ‡ป San Salvador, El Salvador ๐Ÿ‡ง๐Ÿ‡ฆ Sarajevo, Bosnia and Herzegovina ๐Ÿ‡จ๐Ÿ‡ณ Shunyi, China ๐Ÿ‡ง๐Ÿ‡ฌ Sofia, Bulgaria ๐Ÿ‡ฌ๐Ÿ‡ช Tbilisi, Georgia ๐Ÿ‡ฆ๐Ÿ‡ฑ Tirana, Albania ๐Ÿ‡น๐Ÿ‡ณ Tunis, Tunisia
Text Atribution: Wikipedia Text under CC-BY-SA license | GFCI | GaWC | GUCR | Nomad | StartupBlink

Antipodal to Doha is: -128.481,-25.295

Locations Near: Doha 51.5194,25.2946

๐Ÿ‡ถ๐Ÿ‡ฆ Ar Rayyan 51.37,25.32 d: 15.3  

๐Ÿ‡ถ๐Ÿ‡ฆ Al Rayyan 51.37,25.32 d: 15.3  

๐Ÿ‡ง๐Ÿ‡ญ Sitra 50.65,26.12 d: 126.5  

๐Ÿ‡ง๐Ÿ‡ญ Madinat Hamad 50.5,26.1 d: 135.8  

๐Ÿ‡ง๐Ÿ‡ญ Hamad Town 50.5,26.1 d: 135.8  

๐Ÿ‡ง๐Ÿ‡ญ Muharraq 50.619,26.262 d: 140.4  

๐Ÿ‡ง๐Ÿ‡ญ Bahrain 50.576,26.23 d: 140.5  

๐Ÿ‡ง๐Ÿ‡ญ Al Manama 50.578,26.233 d: 140.6  

๐Ÿ‡ง๐Ÿ‡ญ Manama 50.572,26.234 d: 141.1  

๐Ÿ‡ธ๐Ÿ‡ฆ Khobar 50.208,26.285 d: 171.4  

Antipodal to: Doha -128.481,-25.295

๐Ÿ‡ต๐Ÿ‡ซ Papeete -149.566,-17.537 d: 17671.9  

๐Ÿ‡ฆ๐Ÿ‡ธ Pago Pago -170.701,-14.279 d: 15451.8  

๐Ÿ‡ผ๐Ÿ‡ธ Apia -171.76,-13.833 d: 15327.2  

๐Ÿ‡น๐Ÿ‡ด Nuku'alofa -175.216,-21.136 d: 15240.1  

๐Ÿ‡ฒ๐Ÿ‡ฝ Manzanillo -104.3,19.05 d: 14433.6  

๐Ÿ‡ฒ๐Ÿ‡ฝ Lรกzaro Cรกrdenas -102.183,17.95 d: 14427.4  

๐Ÿ‡ฒ๐Ÿ‡ฝ Zihuatanejo de Azueta -101.55,17.633 d: 14422  

๐Ÿ‡ฒ๐Ÿ‡ฝ Acapulco -99.904,16.86 d: 14398.5  

๐Ÿ‡ฒ๐Ÿ‡ฝ Acapulco de Juรกrez -99.867,16.85 d: 14397.2  

๐Ÿ‡ฒ๐Ÿ‡ฝ Colima -103.717,19.233 d: 14386  

Bing Map

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