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Doha is the capital and largest city. PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations. Pages: 45 The government control its operation and has started various new routes for the airways. Qatar has a discretionary system of law controlled by the emir, although civil codes are being implemented; Islamic law is significant in personal matters. The airline also launched the longest commercial flight in the world (measured by flight time) between Auckland and Doha in February 2017. There are indications that the dispute will be resolved, but if the standoff continues or similar such disputes occur in the future, Qatar Airways profitability is bound to be impacted. Lqwkhzruog )Urp Wkhzruogzlgherrpwrwkhhphujhqwlq&Rorpeld Economic factors and their impact on Qatar. This article has been researched & authored by the Content & Research Team. Looking for a flexible role? It save huge amount, which was spent on payment to the foreign nationals (Lucintel, 2013). Endangered species include the hawksbill turtle, green sea turtle, and white oryx. For example, Qatar Airways has signed an agreement with Showtime Arabia and its new 560 satellite television systems. The country's score is in the low-risk nations band (30-40). Qatar Market Research Reports, PEST Analysis and Industry Trends This section is available only in the 'Complete Report' on purchase. With its recently added fleets in the portfolio, there is a curiosity amongst travelers to opt for Qatar Airways due to its distinguished premium services, hence another big opportunity prevails in increasing the number of flights and routes to various other destinations. Exhibit 1: Qatars performance in terms of its country risk analysis in comparison to Middle East and North Africa and the World, Exhibit 2: Performance overview (score: 1100), Exhibit 3: Broad categories and weights behind the index, Exhibit 4: DSM Index (January 2022 January 2023), Exhibit 5: Key sectors contribution to the economy, Exhibit 6: FDI inflows to Qatar, FDI outflows from Qatar, and FDI inward stock, FDI outward stock (201721), Exhibit 7: Value and number of Greenfield FDI projects in Qatar and of net cross border M&A deals in Qatar (201721), Exhibit 9: Real GDP and household consumption growth rate (201825f), Exhibit 10: Real GDP growth rate comparison (2022e), Exhibit 11: Export, import and trade balance (201825f), Exhibit 12: Current account balance (201825f), Exhibit 13: Top three commodity exports, % of total exports (201721), Exhibit 14: Mineral fuels, mineral oils, % of total World exports (2021), Exhibit 15: Interest rates (December 2017 December 2022), Exhibit 16: Exchange rate and inflation (20182025f), Exhibit 18: General government debt (201825f), Exhibit 20: Average annual wages (201825f), Exhibit 21: Labor force participation rate (201825f), Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025), Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025), Exhibit 24: Gender split (1995, 2005, 2015, 2025), Exhibit 25: Internet users % of total population, mobile penetration rate and broadband penetration rate (2022e), Exhibit 26: Number of patents granted per million population (2020), Exhibit 27: High-technology exports (% of manufactured exports) (2021 or latest available), Exhibit 28: Doing business in Qatar (2021), Exhibit 29: Corruption perceptions index (rankings) (2021), Can be shared by unlimited users within one corporate location e.g. This report provides an analysis of the Qatari economy from historical, current, and future perspectives. Qatar is a small country in the Middle East. Approximately 99% of the population use social media. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers., COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. Qatar PESTLE Analysis & Macroeconomic Trends Market Research Report There is no doubt that Qatar is one of the top countries in the world that has accepted and adapted new technologies. This have really affected the revenues of the company. Life expectancy74.14 years. This resulted in Qatar governments net lending / borrowing positive at QAR 100.888 billion in 2022 indicating that enough financial resources were made available by the Qatar government to boost economic growth. These have made Qatar Airways popular amongst its patrons. Qatar Airways is a global organisation, so it is worthwhile to examine globally recognisable social changes that may affect the industry's outlook. U.S. companies interested in international opportunities should consider current trends and future projects in Qatar. Multi-billion dollar projects in numerous sectors in the coming years. Also, Qatar has a stable currency and the country imposes no foreign exchange controls. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this. PDF Pestel Analysis of Tourism Destinations in The Perspective of Business Keep it up! 2. A constitutional committee convened in 1999 to draft a permanent constitution that would allow for parliamentary elections. Public health services and education are provided free by the state through the Ministry of Labor and Social Affairs, which also provides help to orphans, widows, and other Qatari nationals in need of assistance.Both law and Islamic customs closely restrict the activities of Qatari women, who are largely limited to roles within the home. Qatar gas the largest non-associated gas field, which is North Dome gas field and it holds about 14 to 16% of the world reserves. Development of natural gas reserves and distribution deals, especially in the liquefied natural gas (LONG) industry. Doha is a major city of Qatar which contributed 35.2% to the countrys GDP and comprised 42.8% of the countrys population in 2022, according to the GlobalDatas city database. Qatar is going to host the FIFA World Cup 2022 and it is going to build various world class stadiums, in which the football matches will be played. As of January 2, 2023, the Index stood at 10,834.4, compared to 11,620.7 on January 2, 2022. However, Sharia or Islamic law is applied to aspects of family law, inheritance and certain criminal acts. They can make their economy strong with the implementation of various financial investments and start working at their own. This has increased its presence in Italy.It acquired 49% stake in Italys Meridiana. WhatsApp Political. Qatar Snapshot - PESTLE, SWOT, Risk and Macroeconomic Trends Analysis. Qatar Airways PESTEL Analysis - UKEssays.com The country has a relaxed work culture and a low crime rate. Technological factors and their impact on Qatar. Hong Kong. Qatar Airways is the official airline of the Emirate of Qatar. Qatar, officially, officially the State of Qatar, is a sovereign Arab emirate, located in Western Asia, which is occupied in the small Qatar Peninsula on the north-easterly coast of the much larger Arabian Peninsula. The PESTEL analysis model proposed in the study could determine the extent to which the macro environment of a company provides suitable conditions to achieve the aims of the company. Qatar Airways remains committed to expanding its global network -Al-Baker: https://www.gulf-times.com/story/576192/Qatar-Airways-remains-committed-to-expanding-its-g, 6. Also, the reputation of the Qatar Airways is very high due to its premium quality services. LinkedIn. It is broadly a tolerant country. This positive current account balance indicates the Qatar is net lender to the whole world. Qatar Airways is the youngest airline having served all six continents. As customers' needs are changing rapidly now, so the company should innovate in accordance to the needs of the customers to compete with the competitors. PESTEL analysis of Luxembourg (Country profile), https://eu.usatoday.com/story/money/2019/07/07/richest-countries-in-the-world/39630693/, https://www.worldometers.info/world-population/qatar-population/, https://www.worldbank.org/en/country/gcc/publication/qatar-economic-update-april-2020. Business-friendly commercial procedures and political stability. Singapore. They should provide services to the clients in the field of finance, services, trade and tourism. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. In 2020, Qatars GDP was worth around $146.37 billion which is lot less than that in 2019. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. 2022 FIFA world cup in Qatar to fuel aviation growth, 1. The Qatar DSM index has exhibited a decreasing trend. Impressive Technology is the main reason for Qatar winning bid for 2022 FIFA world cup.Qatar may not have the largest IT market but in 2010 it appeared better than many other markets. However, the GDP is forecast to increase and reach $195.00 Billion by the end of 2022 due to the expected rise in gas production and investment for the 2022 World Cup football (Trading Economics, 2021). COVID-19 Related Policy Response of Qatar5.1 Coronavirus (COVID-19) Containment Measures of Qatar5.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by Qatar5.3 Coronavirus (COVID-19) Related Monetary Policy Measures by Qatar5.4 Coronavirus (COVID-19) Related Policy Measures for MSMEs by Qatar, List of ExhibitsExhibit 2.1 Real GDP of Qatar (in QAR billion) 2020-2027Exhibit 2.2 Nominal GDP of Qatar (in QAR billion) 2020-2027Exhibit 2.3 Nominal GDP of Qatar (in USD billion) 2020-2027Exhibit 2.4 GDP Deflator Index for Qatar 2020-2027Exhibit 2.5 Per Capita GDP of Qatar (in USD) 2020-2027Exhibit 2.6 PPP Per Capita GDP of Qatar (in USD) 2020-2027Exhibit 2.7 Gross National Savings of Qatar (in %) 2020-2027Exhibit 2.8 Consumer Price Index (CPI) Inflation of Qatar 2020-2027Exhibit 2.9 Change in Import Volume of Goods & Services of Qatar (in %) 2020-2027Exhibit 2.10 Change in Export Volume of Goods & Services of Qatar (in %) 2020-2027Exhibit 2.11 Government Revenue of Qatar (in QAR billion) 2020-2027Exhibit 2.12 Government Revenue of Qatar (in % of GDP) 2020-2027Exhibit 2.13 Government Expenditure of Qatar (in QAR billion) 2020-2027Exhibit 2.14 Government Expenditure of Qatar (in % of GDP) 2020-2027Exhibit 2.15 Government Net Lending / Borrowing of Qatar (in QAR billion) 2020-2027Exhibit 2.16 Government Net Lending / Borrowing of Qatar (in % of GDP) 2020-2027Exhibit 2.17 Government Gross Debt of Qatar (in QAR billion) 2020-2027Exhibit 2.18 Government Gross Debt of Qatar (in % of GDP) 2020-2027Exhibit 2.19 Current Account Balance of Qatar (in USD billion) 2020-2027Exhibit 2.20 Current Account Balance of Qatar (in % of GDP) 2020-2027Exhibit 2.21 Qatar - Top 10 Export Countries (in USD billion) & % Share 2021Exhibit 2.22 Qatar - Top 10 Import Countries (in USD billion) & % Share 2021Exhibit 2.23 Population of Qatar (in million) 2020-2027Exhibit 3.1 SWOT Analysis of QatarExhibit 5.1 COVID-19 Policy Response for Supporting MSMEs by Qatar. By analyzing these factors, businesses can make informed decisions about their operations and strategies. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. !-Keith GrencherBirmingham Business School. Dependence on immigrant labor means outflows of remittances are high, though the current account remains firmly in surplus. This positive current account balance indicates that Qatar will remain a net lender to rest of the world till 2027. The legal system in the country combines both civil law and Islamic law. Operation of most modern and efficient fleets reduces emissions. Qatar has adopted a monarchical system of government. The airlines boasts of 196-strong fleet of modern aircrafts which includes a number of the new generation and technologically advanced 16 Airbus A350-900 as well as 30 Boeing 787 Dreamliners. Before the discovery of oil, Qatar was noted mainly for pearl hunting and sea trade. Segmentation, Targeting and Positioning (STP) Analysis Report. Women are not allowed to obtain a drivers license without the permission of her husband. Browse analysis of more brands and companies similar to Qatar Airways PESTLE Analysis. The economy of the country is strong as it is rich with natural oil and gas. Reasons to Buy Islam is the major religion with around 86% adherents. Qatars strength is derived from its oil and gas revenues which have made it one of the wealthiest countries in the world in terms of per capita income. PEST Analysis: Qatar | Market Research Report | Euromonitor Qatar PESTEL Analysis Market Research Report A study of the major internal and external factors influencing Qatar Airways with the help of strategic tools like SWOT and PESTLE. Government provides education free of cost and women are not allowed to get driving license without permission of her husband (UK Essays, 2015). Info: 1145 words (5 pages) PESTEL Example Published: 2nd Nov 2020. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. The six PESTLE factors sometimes overlap because they represent important and related elements of society. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Qatar Airways to report very large loss for current fiscal year- CEO: It continuously strives to deliver a superior and differentiated passenger experience which is one of its key strengths and also helps to drive and build customer loyalty. Becky will help you find what you are looking for. World class airline with premium service offering, 1. Other industries such as tourism and hospitality, Islamic finance, fertilizer production, agriculture, and fisheries are rapidly growing as well. Due to COVID-19 as many countries have put restrictions on the travel to other countries, this has put an adverse impact on the performance of the airways and may result in high decline in the profits this year. Understand the economic situation in UAE through a . It has been ruled by the House of Thani for a long time. Also, the number of Generation Y people are increasing in the population which is a very good signal for the company as they will build a large customer base for business travels and leisure too. Qatar pursues a vigorous program of Qatarization, under which all joint venture industries and government departments strive to move Qatari nationals into positions of greater authority.The biggest rivalry is in telecomm sector between Qtel and Vodafone. Qatar is officially known as the State of Qatar. Qatar Airways is a proud holder of 4 prestigious awards, viz worlds best business class, the best airline in the Middle East, best business class seat and best first class airline lounge at the 2018 Skytrax World Airline Awards. However, its influence goes well beyond the national border. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure. Airlines need to utilize modern techniques and fleets to reduce emission. Doha is the capital of Qatar which was ruled by Bahrain in 1700's and in the year 1971 Qatar got independence and appeared on the world map as an independent country. This is viewed as one prime weakness of the carrier as it lacks domestic travelers. Qatar may look small, but in commercial terms it is a rising giant. Facebook, Instagram, Twitter, Snap Chat, and LinkedIn are the most used social media platforms. This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. Pestle analysis of qatar - 1999 Words Essay Example Health (2007 est. - Qatar was ranked 33rd out of 153 nations in the GCRI Q3 2022. Petroleum gas, crude petroleum, refined petroleum, ethylene polymers, and nitrogenous fertilisers are some of the top exports of Qatar that mostly go to countries such as Japan, South Korea, India, China, and Singapore. This product is a country research report. Qatar Airways also increased its stake in International Airlines Group (IAG) in 2016 to 20.01%. Our mission is to deliver Excellence in Everything We Do. Qatar Airyways vision statement reads Qatar Airways aims to provide airline of your choice, offering the flights you want to the destinations you need. Qatar Airways USP or unique selling proposition lies in the unparalleled service they offer both on the ground and in the air for their passengers.. This report provides information about key macroeconomic indicators for Qatar. Literacy (2004 est. Qatar is a very good country to work and live where it is usually easy to make friends. What Is a PESTLE Analysis? Factors, Examples and Uses Are you looking for a report which is not covered on our website? We also use your market data in our Strategic Business Process to support our business decisions. The PEST model is introduced, and an in-depth examination of the influence of marginally important world cup events on the Qatar area economy is provided, taking into account both internal and external variables. Qatar. (2019) Qatar now so hot it has started air-conditioning the outdoors, available at: https://www.independent.co.uk/climate-change/news/qatar-air-conditioning-temperature-weather-heat-climate-change-athletics-world-cup-a9160751.html (accessed 19 July 2021), OEC (2021) Qatar, available at: https://oec.world/en/profile/country/qat (accessed 17 July 2021), Qatar Labour Law (2021) Welcome to Qatar Labor Law, available at: https://qatarlaborlaw.com/ (accessed 19 July 2021), Suneson, G. (2021) These are the 25 richest countries in the world, available at: https://eu.usatoday.com/story/money/2019/07/07/richest-countries-in-the-world/39630693/ (accessed 17 July 2021), Trading Economics (2021) Qatar GDP, available at: https://tradingeconomics.com/qatar/gdp (accessed 15 July 2021), Worldometer (2021) Qatar population, available at: https://www.worldometers.info/world-population/qatar-population/ (accessed 18 July 2021), World Bank (2020) Qatars Economic Update April 2020, available at: https://www.worldbank.org/en/country/gcc/publication/qatar-economic-update-april-2020 (16 July 2021). We're here to answer any questions you have about our services. But the municipalities have no powers and they can just give the advice to the Minister. Customer perception of exclusive and premium service, 1. So, the airway company has really managed well to limit the amount of carbon emission it causes and thus also satisfied various stakeholders. The SWOT analysis is a convenient technique to interpret the strength, weakness, opportunity, and threats and their repercussions on the current business model of Qatar Airways group. He has cabinet of ministers, which are mainly taken from the royal family. It is further expected to increase by a CAGR of 2.8% and reach QAR 776.965 billion by 2027. This PESTEL Analysis of Qatar Airways examines the political, economic, social, technological, environmental, and legal factors that impact the Airlines industry. Copyright 2003 - 2023 - UKEssays is a trading name of Business Bliss Consultants FZE, a company registered in United Arab Emirates. Now it is going to become the big business center like Dubai after managing the FIFA world cup as new hotels and various other buildings are being constructed in this country. The judicial system is strong and the individuals as well as organizations have to abide by these laws and regulation in carrying out their activities. It examines how the country is affected by the macro-environment factors and the strategies it has developed to seize opportunities and confront challenges. Other notable religions are Christianity and Hinduism. As countries now have become more globalized, the number of people moving across the world have also increased. Qatar Airways SWOT & PESTLE Analysis | SWOT & PESTLE We offer syndicated research reports (like country analysis, SWOT analysis, competitive intelligence, industry reports, company reports and market analysis & trends reports) and custom market research from our website MarketResearchReports.com only. However, according to Amnesty International (2021) freedom of expression is restricted in the country. Qatar Airways serves 350 other destinations by being a member of Oneworld global airline alliance. The PESTLE / STEEPL / PEST analysis report is a framework used to understand the impact of external factors on the macro environment that influences the business of Qatar Airways. Attendance98%. Reddit. The government of Qatar claims that it has constitutional autonomy in the country but there are no political parties and elections are also not held in the country. all employees of a single company, reportstore@globaldata.comTel +44 (0) 20 7947 2960. Please select an option from the list below. World class airline with premium service offering: Qatar Airways has built a solid reputation over the years of being a world class airline with premium service offerings. PESTEL Analysis of Qatar Airways This section presents the fundamentals of the PEST analysis, based on the integral position of wind energy in the world, its incidence and the characteristics that have led to its development and implementation. Qatars real gross domestic product (GDP) was QAR 648.027 billion in 2020 and while recovering from the COVID-19 impact it increased by 1.57% to be around QAR 658.338 billion in 2021. From just 4 aircraft in 1997, it grew to 28 at the end of 2003 and to 50 in 2006 and currently operates over 150 aircraft, including a freight fleet. Qatar is already the leading global supplier of LNG and output is expected to increase to 77 million tonnes per year by 2012. Pollution from the oil industry poses a threat to the nations water. The current account balance for Qatar was estimated to be negative at USD 3.48 billions for the year 2016 and is expected to grow at a CAGR of 10.90% and reach USD 6.128 by 2022. Market Research Reports, Inc16192 Coastal HwyLewes, DE 19958, USA. The airline has been the front-runner in introducing premium service offerings such as lie-flat beds in Business Class to being the first to launch the A350 the most technologically advanced commercial passenger aircraft. Free Summary Report This report contains the table contents only. You may also like reading SWOT analysis of Qatar Airways. Population growth rate (May 2008 est. ): 59.6%. All Rights Reserved by Barakaat Consulting. In addition to smog and acid rain, the nation has been affected by the air pollution generated during the Persian Gulf War. The SWOT/TOWS analysis for Qatar Airways is presented below in a SWOT matrix followed by its detailed analysis: 1. Conservation of oil supplies, preservation of the natural wildlife heritage, and increasing the water supply through desalination are high on Qatars environmental priority list. Following are the social factors impacting Qatar Airways PESTLE Analysis: Many social factors influence the business of Qatar Airways. In case you want this report emailed straight into your email inbox, kindly share your details below. Qatar is divided into ten municipalities,also occasionally or rarely translated as governorates or provinces: Since 2004, Qatar has been divided into eight municipalities. Expatriate residents are excluded, as are the vast number of residents who are prevented from applying for citizenship. Nokia is a Finnish multinational communications company. PESTEL Analysis of Qatar Airways. Reach thousands of academicians and corporates. Qatar Airways had been jointly held in a public-private partnership, with about 50% owned by private investors.