Qatar's wealth comes from the following aspects:
1. Oil gave the first bucket of gold: Qatar was not born rich. At the beginning, it was a country with poor resources, and people's lives were extremely difficult. Before the discovery of oil, there were only two pillar industries: fishing and pearl cultivation, both of which were labor-intensive industries. If you depend on the sky to eat, you can't open the pot. Until 1939, Qatar discovered a large number of oil resources, and later discovered offshore oil, which directly earned the first bucket of gold and freed Qatar from the poor business of fishing and pearl cultivation.
2. What makes Qatar rich is other resources: what really makes Qatar rich is that it is natural gas and helium gas that work overtime at two o'clock in the afternoon. Qatar's natural gas reserves are the third in the world. Coupled with the recent war between Mao and Er Mao, Europe imposed sanctions on Mao's oil. However, if the winter has passed, it can only import natural gas from Qatar. This caused the price of natural gas to skyrocket, and Qatar also made a fortune.
3. Qatar's unique system makes them richer: there are almost no poor people in Qatar, and the reason why all people are rich depends on a system, that is, local laws stipulate that wholly foreign-owned enterprises are not allowed in Qatar. If you want to set up a company in Qatar, you must find local people to cooperate, and the proportion of local people's shares must not be less than 51%. Of course, if you earn wealth, you will also score 51% for local people. In other words, many Qataris can earn wealth by their nationality even if they don't work.
4. Qatar's strong capital operation ability: Qatar has wealth and an operational mind, and its investments are spread all over the world, first of all in the financial field. Qatar National Fund is the largest shareholder of many financial institutions such as Deutsche Bank, Credit Suisse Bank and London Stock Exchange.
Secondly, it has invested in department stores and supermarkets. Qatar National Fund is the controlling shareholder of Harrod Department Store (the world's top luxury department store) and Ingles Department Store in Spain, and the largest shareholder of J. Sembaoligong Co., Ltd. (the top supermarket chain in the UK).
Introduction to Qatar
State of Qatar (Arabic:; , English: StateofQatar), commonly known as Qatar. It is an Arab country in southwest Asia, located in the east of Arabian Peninsula. Most of its territory is surrounded by Persian Gulf, and only its southern territory borders Saudi Arabia. The coastline is 563 kilometers long.
the oil and natural gas industries are the pillars of the card economy. In recent years, the government has invested heavily in the development of natural gas as the top priority of economic development. Qatar is the world's largest producer and exporter of liquefied natural gas. Qatar is an absolute monarchy emirate, which has been led by the Al Thani family since the mid-19th century. In the future, oil and natural gas were discovered under the protection of Britain, replacing the original pearl mining industry and becoming the most important source of income for the country.
because of its rich oil resources, Qatar has become one of the richest countries in the world. Although its human development index is very high and its citizens are extremely rich, it still cannot be regarded as a developed country because of its underdeveloped industry and manufacturing industry.