Pages: 45 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. Since 1997 it has been chaired by current CEO Akbar Al Baker. However, Qatar has several environmental challenges to deal with. This has increased its presence in Italy.It acquired 49% stake in Italys Meridiana. For example, Qatar Airways is the latest carrier to slash its schedule as a result of the global coronavirus pandemic . Regulations such as laptop ban on passengers originating from Middle East destinations to United States, 1. 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. Qatar is estimated to have a population of 2.617 million in the year 2023 and expected to reach 2.514 million by 2027, decreasing at a CAGR of 1%. The headquarters of Qatar airways are situated in Doha, which is again a very attractive place to visit. Qatar Airways serves 350 other destinations by being a member of Oneworld global airline alliance. The technological factors in the PESTLE Analysis of Qatar Airways are mentioned below: The airline industry is an industry which needs to constantly adopt new technology to improve safety and also at the same time experiences of the passengers. 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. PESTLE analysis is a framework which is imperative for companies such as Qatar Airways, as it helps them to better understand market dynamics & improve their business continuously. 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. He holds an MSc in Tourism & Hospitality from the University of Sunderland. However, it should be mentioned that there is no minimum wage in Qatar. Qatar Airways had been jointly held in a public-private partnership, with about 50% owned by private investors. The legal system in the country combines both civil law and Islamic law. Qatar. This report provides risk analysis for Qatar. It is improving in IT sector and emerging as great threat to many markets because it performed exceptionally well in 2010. 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. It is going to become the big business hub in coming years. Holistic Analysis 03925319, Cloud Computing in Banking - Thematic Intelligence, Goldman Sachs - Digital Transformation Strategies. The government is going to make the infrastructure for the sports activities. 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. Also, the cost of operation of the airline industry increases due to laws which are related to ensure level of quality and consumer safety. You can gain more insights about the different PESTLE analysis factors below: 1. Work force (2006): 508,000. A study of the major internal and external factors influencing Qatar Airways with the help of strategic tools like SWOT and PESTLE. Read More USD 300 Add To Cart However, growing numbers of woman are receiving government scholarships to study abroad, and some women work in education, medicine, and the media. This PESTEL Analysis of Qatar examines the political, economic, social, technological, environmental, and legal factors that impact the Country. Government efforts to diversify the economy have led to the establishment of petrochemical, oil-refining, and fertiliser industries, as well as the establishment of Qatar Airways, the Qatar Science and Technology Park and the growth of Doha as a regional conference centre. Qatar Airways strives to transport more than 32 billion passengers yearly, and its determination for providing superior customer service and excellent flying experience has helped Qatar Airways sustain its position as one of the fastest growing airlines in the world. The reason of independence was peace in Gulf. Findings of the research and PESTEL analysis are also result of researcher's observation from real life since the author has lived and worked in Hospitality sector in Qatar for more than. They are also unable to bring suits as plaintiffs in Shariah courts. This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. U.S. firms also report that industrial standards that are applied in Qatar are favorable to U.S. exports. Also, the reputation of the Qatar Airways is very high due to its premium quality services. It offers high salaries as well. Qatar demand condition is not so good.Qatars trade and hospitality sector expect better demand conditions in the second quarter. Its sole land border is with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. The industry is developing rapidly drawing attention of the international tourists. by adamkasi | Oct 31, 2016 | Companies. 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. Qatar Airways in 2016 introduced a revolutionary concept in the business class segment, a patented and unique Qsuite, which allows a group of two or four people to create their personal space within the Business class cabin. 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. You aren't allowed to use any part of this example without properly citing it first. - Strategy, SWOT and Corporate Finance Report, Ahli Bank Qsc - Strategy, SWOT and Corporate Finance Report, HBK Contracting Company W.L.L. There are well-capitalized financial institutions in Qatar, most notably Qatar National Bank. This report contains the table contents only. Legal environment is the last element to discuss in the PESTEL analysis of Qatar (Qatar country profile). At Market Research Reports, Inc. we aim to make it easier for decision makers to find relevant information and locate right market research reports which can save their time and assist in what they do best, i.e. 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. It decided long ago to diversify its economy. This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. A study of the major internal and external factors influencing Qatar Airways with the help of strategic tools like SWOT and PESTLE. take time-critical decisions. Qatar Airways PESTLE Analysis assesses the brand on its business tactics across various parameters. Qatar Snapshot - PESTLE, SWOT, Risk and Macroeconomic Trends Analysis. Competition from Emirates and Etihad airlines, wavering government regulation and policies, fluctuating fuel prices, political disputes, surrounded by combat zones like Syria and Palestine and passengers fearing terrorist acts are some of the major threats to Qatar Airways. Other relevant articles for you are: PESTEL analysis of the United Arab Emirates (UAE). 2022 FIFA world cup in Qatar to fuel aviation growth, 1. During 2016-17 the airline added new destinations across Australia, continental Europe and the Americas. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Qatar. Following are the social factors impacting Qatar Airways PESTLE Analysis: Many social factors influence the business of Qatar Airways. This market research report covers SWOT (strengths, weaknesses, opportunities and threats) analysis forQatar. Customer perception of exclusive and premium service, 1. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. https://www.qatarairways.com/content/dam/documents/press-kit/Qatar%20Airways%20Factsheet%20-%20English.pdf. PESTEL Analysis, SWOT Analysis and Risk Analysis 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 northeasterly coast of the much larger Arabian Peninsula. Strong general government balance sheet.Substantial external liquidity.Good economic prospects and high per capita income.There is great optimism and excitement among the business community in Qatar.By transforming hydrocarbon wealth into modern health facilities, tourism infrastructure, and western-style education institutions, the Qatari Government aims to engender a forward-looking and highly-skilled population. Qatar is officially known as the State of Qatar. Nanotechnology in fields helping to make best quality products at lower cost. 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. For instance, it is one of the hottest places on Earth. Scope of Qatar Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report. The detailed table is available in the Complete Report. The country has not accepted compulsory International Court of Justice jurisdiction. The product is a PDF. - Strategy, SWOT and Corporate Finance Report. Inventions and innovation rate. Qatar Airways also increased its stake in International Airlines Group (IAG) in 2016 to 20.01%. Qatar airways always has its own website and app on which customers can easily book tickets anywhere at any time. Endangered species include the hawksbill turtle, green sea turtle, and white oryx. Further, due to the blockade, Qatar Airways has been losing around 50 flights daily to 18 destinations, which translates to 18% of its total capacity. 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. On February 24, 2010, Qatar and Iran signed a defense co-operation agreement in which the two countries stressed the need to expand their defense cooperation. The government has shown its activeness to make the legislation for the protection of environment. Robust support from the Qatar government, operating in an oil-rich country, precise targeted travelers who can afford the luxurious flights, superior patron service both on and off board, flying to over 150 destinations and all-time award winner for its premium services are some of the key strengths of Qatar Airways which makes it the worlds leading airlines and a global leader of a kind. Disclaimer: This is an example of a student written essay.Click here for sample essays written by our professional writers. Also, Qatar has a stable currency and the country imposes no foreign exchange controls. Global economy expected to grow 3.9% in 2010, emerging economies to expand 6.0%.US economy registered 5.6% growth in Q4 2009, fastest since third quarter of 2003.Global composite PMI indicates continued expansion of manufacturing and services industry activity. We've received widespread press coverage since 2003, Your UKEssays purchase is secure and we're rated 4.4/5 on reviews.io. Here you can choose which regional hub you wish to view, providing you with the most relevant information we have for your specific region. However, with increasing terrorist acts some of the countries have closed all means of communications and trade with Qatar. Qatar is a very good country to work and live where it is usually easy to make friends. You may also like reading SWOT analysis of Qatar Airways. This clearly shows that Qatar Airways has a huge opportunity for further expansion of its base internationally with more such alliances and acquisitions. Some of the features of "PESTLE Analysis of Qatar 2013" include: Trend and forecast for key macroeconomic variables that are useful to make major investment decision. The country has the income from the natural oil is about 800,000 barrels per day and now the country is looking for production of LPG. The content on MBA Skool has been created for educational & academic purpose only. M Rahman writes extensively online and offline with an emphasis on business management, marketing, and tourism. Government has developed their airline, which is now 5th best airline across the world. In 2020, Qatars GDP was worth around $146.37 billion which is lot less than that in 2019. The companies and firms can perform their business activities following the rules and regulations. Need Strategic Analysis for this company? However, according to Amnesty International (2021) freedom of expression is restricted in the country. In case you need the complete report please purchase using the buy options displayed. It has vast reserves of oil and it is main source of income. Top Quality. Cuts down my effort to surf through heaps of redundant data.-Alexandra MookiMajor in Business Administration, Carnegie Mellon University, This website has an amazing support team. By analyzing these factors, businesses can make informed decisions about their operations and strategies. Qatar has an emirate -type government. 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. Qatar has set an aim to become the most open nation in the Gulf. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. MBA Skool is a Knowledge Resource for Management Students, Aspirants & Professionals. The six PESTLE factors sometimes overlap because they represent important and related elements of society. It includes factors like population growth, gender ratio, culture and diversity. Qatar Airways faces high competition from low-cost carriers, as these flights target the passengers traveling with low budgets. It is a close ally of the United States of America, China, and Turkey. This country is peaceful, so there are enough chances for the industrialists and entrepreneurs to develop their businesses. ): 1,448,446; males 1,096,815 (75.7%); females 351,630 (24.3%). 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. Currency Conversion is for Indicative purpose only. As Cathay Pacific Airways is also a fellow member of Oneworld alliance and is one of the strongest Airlines of the world, this alliance has given Qatar Airways huge growth potential. HVAC (Heating, Ventilation, & Air Conditioning), Macao Snapshot - PESTLE, SWOT, Risk and Macroeconomic Trends Analysis, Saudi Arabia Snapshot - PESTLE, SWOT, Risk and Macroeconomic Trends Analysis, Saudi Arabia PESTLE Insights - A Macroeconomic Outlook Report, Turkey PESTLE Insights - A Macroeconomic Outlook Report. The state makes the law for the welfare and safety of the people and none is allowed to break the law. Qatar Airways PESTEL Analysis Posted by Zander Henry on Aug-22-2018 PESTEL analysis is a widely used strategic planning and management tool. Oil and Gas industries are the major industries.Vodafone also entered the telecomm market. Now the world cup will make it center point of attraction of the people across the world and people will start their business activities. It has formed alliances with several different organizations to provide improved and unique services. PESTEL analysis of Qatar (Qatar country profile). The SWOT/TOWS analysis for Qatar Airways is presented below in a SWOT matrix followed by its detailed analysis: 1. So, the company must consider these factors to make any strategic decision. The unemployment rate in the country is 0.2% which is one of the lowest in the world. Please note that you agree to receive email updates from us on our new reports and solutions. There is stability in the Government and no chaos is there to create turmoil in the country. [online] Available at: https://www.swotandpestle.com/qatar-airways/ [Accessed 01 May, 2023]. This report provides an analysis of the Qatari economy from historical, current, and future perspectives. Qatar is a civil law jurisdiction. 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. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. PESTLE analysis of Qatar Political and legal environment. To export a reference to this article please select a referencing stye below: If you are the original writer of this essay and no longer wish to have your work published on UKEssays.com then please: Our academic writing and marking services can help you! This positive current account balance indicates that Qatar will remain a net lender to rest of the world till 2027. The country has a relaxed work culture and a low crime rate. Private sector61.2%; mixed sector28.5%; government5.6%. Keep it up! Qatar has the third largest reserves of natural gas in the world. 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. Known for opulent flying, Qatar Airways primarily caters to passengers travelling internationally traveling passengers, who can afford business class. 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. It save huge amount, which was spent on payment to the foreign nationals (Lucintel, 2013). PESTLE Analysis of Qatar Airways examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. Qatar airways uses modern and efficient fleets which causes less carbon emissions. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. - Strategy, SWOT and Corporate Finance Report, Qatar PESTEL Analysis Market Research Report, Developing the Future: An Overview of the Booming Photoresist Chemicals Market, Solving the Purity Puzzle: An In-Depth Look at the Semiconductor Grade Solvents Market. This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. Other notable religions are Christianity and Hinduism. It will get quick progress in manufacturing and export of oil and natural gas and it has developed its economies and it is ready to welcome every technological development in any field (Reuter, 2013). Free Summary Report This report contains the table contents only. Non-Muslims and Shia Muslims experience discrimination in employment and education. Qatar is one of the richest countries in the world. Copyright of Qatar Airways SWOT and PESTLE Analysis is the property of Barakaat Consulting. In today's time, Qatar is undergoing a massive transformation under the National Vision 2030, in which it expects to achieve an advanced, sustainable, and diversified economy. Religion: Islam (state religion, claimed by virtually all of the indigenous population). Twitter. 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. Adoption of new technology helped the company in increasing its customer base and at same time increase financial performance of the business. Qatar Airways is the official airline of the Emirate of Qatar. The report also includes forecast for Qatar's economic growth through 2021. A new municipality, Al Daayen, was created under Resolution No. The country's score is in the low-risk nations band (30-40). (commonly called MICE industry). Moreover, the Qatar government identifies investment and international trade as one of the fundamental components in promoting a country's economic growth. Qatars real GDP is expected to expand by 18.1% in 2010 Continued government support and increased hydrocarbon revenues to boost the economy.Central Banks net reserves estimated at US$ 19.3 bn (2009), up from US$ 9.8 bn in 2008. Business optimism in the non hydrocarbon sector has stabilized in last two quarters.Drop in selling price optimism becomes a drag on the hydrocarbon sector outlook. Business-friendly commercial procedures and political stability. Health (2007 est. The PESTEL Analysis of Qatar Airways will help the company make strategic decisions correctly, keeping in perspective the external trends, and factors of the external environment. 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. Other environmental challenges are sandstorms, ocean acidification, and pollution (air and water). Qatar is divided into ten municipalities,also occasionally or rarely translated as governorates or provinces: Since 2004, Qatar has been divided into eight municipalities. It only conducts the election at Municipality level and the male and female citizen, whose age is more than 18 years, can cast their votes. SWOT analysis, forecast, scenario analysis, and risk analysis of Qatar is also included in the report. PESTLE Analysis of Qatar Airways examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. Conservation of oil supplies, preservation of the natural wildlife heritage, and increasing the water supply through desalination are high on Qatars environmental priority list. QATAR POLITICAL FACTORS Trading policy Administrative division Wars, terrorism and conflicts Elections and political trends Inter-country relationships Corruption Bureaucracy 2. Dependence on immigrant labor means outflows of remittances are high, though the current account remains firmly in surplus. Some customers also get attracted offers while booking their ticket which increases their level of satisfaction with the company. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.. This shows the impact of global lockdowns on the countrys economy. 48 hours is the maximum number of hours in a work week excluding breaks; however, during the fasting month (Ramadan) the number is reduced to 36 hours per week (Qatar Labour Law, 2021). This have really affected the revenues of the company. The product is a PDF. - Strategy, SWOT and Corporate Finance Report, Doha Insurance Company QPSC - Strategy, SWOT and Corporate Finance Report, Qatar Airways Group Q.C.S.C. It is about 180 km long and 85 km wide, covering an area of 11,437 km2. Cultural and tourism attractions are developing rapidly. 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. Women comprise two-thirds of the student body at Qatar University. QATAR TECHNOLOGICAL FACTORS Energy Communications to-report-very-large-loss-for-current-fiscal-year-ceo-idUSKCN1GJ1VJ, 3. So, the demand for air travel has also increased and due to a greater number of flights operating around the world which have increased the carbon footprints of the airline industry. Annual Report 2017 - Qatar Airways: https://www.qatarairways.com/content/dam/documents/annual-reports/2017_Annual_Report_ENGLISH-WEB.pdf, 2. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. Mechanization trend in the country. Security is the principal basis for Qatars strict entry and immigration rules and regulations. Are you looking for a report which is not covered on our website? Major industries in Qatar and its contribution to GPD. Reasons to Buy Info: 1145 words (5 pages) PESTEL Example Published: 2nd Nov 2020. Qatar has the world's third largest natural gas reserves and oil reserves in excess of 25 billion barrels which has fueled Qatar to become world's richest country per-capita and achieve the highest human development in the Arab World and 36th highest globally; furthermore, it is recognized as a high income economy by the World Bank and also the 19th most peaceful country in the world. We are home to over 150 nationalities.
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