State Street And QNB Group Sign Strategic Agreement To Launch New Custody Servicing Model
(MENAFN - The Peninsula)QNA Davos: State Street Corporation and QNB Group today at the World Economi...
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The State of Qatar, unlike many other Middle Eastern nations, has successfully avoided the unrest and violence of the Arab Spring. The peninsula nation bordering the Persian Gulf and Saudi Arabia was part of the Turkish-Ottoman Empire until 1918, and then operated under British protection until 1971. The nation’s power has resided solely in the Al Thani family since the mid 1800s – from the days of pearl fishing and being one of the poorest Gulf states to the nation’s current vast oil wealth. Today, Qatar boasts the highest per capita income in the world and one of the lowest unemployment rates.
The Sunni Muslim nation is home to many South and Southeast Asians, Egyptians, Palestinians, Lebanese, Syrians, and Iranians, who comprise 90% of Qatar’s workforce. In fact, Qatar has the highest rate of population growth in the world. The population remains relatively small though, and Qatar has the highest net migration rate in the world. The nation has an absolute emirate government with a mixture of civil and Islamic law. Elections were held in 1999, providing the nation’s first opportunity for Muslim women to vote and stand for office.
Nearly 80% of the population is Muslim, and it is forbidden to criticize the ruling family or Islam or to share the Gospel. Many expatriates have been forced to leave the country as a result of speaking about Christ. Immigrant Christians are allowed to practice their faith, though they are considered second hand citizens. It is also difficult for Christians to gather together, as government policy strictly regulates the meetings. Even so, land has been offered up to Christian communities to build the first churches in Qatar since the spread of Islam
2,552,088
87.3%
2,552,088
87.3%
10:40 AM
Doha
Absolute Monarchy
Arabic, English Commonly Used As A Second Language
$110,900
Data sources.
(MENAFN - The Peninsula)QNA Davos: State Street Corporation and QNB Group today at the World Economi...
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