Qatar is one of the richest countries in the world

Qatar is one of the richest countries in the world

Bangladesh is about 13 times bigger than Qatar

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Qatar is a small country in the Middle East. Qatar is one of the richest countries in the world in terms of per capita income. Kakar was the poorest country under British control when Qatar gained independence from the British in 1971 due to extreme weather conditions.

The area of ​​Qatar is only 11 thousand square kilometers!

Qatar gained independence from the British in 1971

But the plight of Qatar did not last long. How did Qatar become the richest country in the world from an uninhabitable desert?

Of Qatar's population of 3 million, only 300,000 are Qatari nationals and the rest of the expatriate Qatari nationals have a per capita income of about Rs 11.5 million, which is 71 times the per capita income of Bangladesh. 

Qatar's economy was dependent on fishing and pearl hunting.Qatari pearl industry was destroyed by Japanese pearls in 1920, yet the wheel of fortune of this impoverished country has changed.

Not just oil but also natural gas!

Pearls of Japanese cultivation

However, Qatar, like its neighbors, has not only got crude oil but also natural gas. One of the smallest countries in the world has huge reserves of natural gas. Until then, the country's mineral resources continue to be exploited by foreigners.

The life of the Qatari people has not changed much since 1970. The sale company discovered the largest natural gas mine in Qatar in 1970. The mine was called The Not Field.

Natural gas was not a lucrative business at the time, as glass was only piped, and Qatar was in such a remote place that it was almost impossible to get gas through pipelines to the country in demand. So far, Qatar has not made much progress

Rebellion against the father of the royal power of Qatar!

Qatar's wealthy royal family has ruled the country for more than 150 years, with former Hamad bin Khalifa al-Thani rebelling against his father in 1995.

Hamad bin Khalifa's main goal was to exploit Qatar's natural gas reserves. After taking power as emir, he invested heavily in inventing new methods of natural gas, a process called liquefaction.

And it is not an easy task to maintain a temperature as high as 161 degrees Celsius in a warm region like Qatar after the liquefaction of the gas. '

That investment has made Qatar the world's largest exporter of liquefied national gas or LNG.

The cost of filling a tank for Qataris is four times more than in America!

Qatar has become the richest country in the world due to its massive export of liquefied petroleum gas (LNG), which is almost four times cheaper than the cost of production in the United States.

Khalifa took another groundbreaking step in order to prevent the Qatari economy from collapsing once the oil and natural gas reserves ran out. He set up an organization called the Qatar Investment Authority in 2005.

Aiming to diversify Qatar's economy, the company invests around the world. The Qatar Investment Authority has invested 400 400 billion in forty countries and more.

Qatar Investment Authority has more assets than the Queen of England!

The City of London has more assets than the Queen of England. The Qatar Investment Authority includes a variety of real estate projects, 

including office buildings, hotels and apartments.

British Airways owns only 21 percent of the joint ventures between UK companies, 

and Qatar Investment Authority, which owns 20 percent at London's Heathrow Airport, owns 25 percent of Russia's St. Petersburg Airport.

Qatar became the fourth highest office investor in the United States in 2016. Manhattan, the heart of the election in New York alone, has invested 5 billion.

Volkswagen BARCLAYS Bank Uber IPERDROLA TIFFANY & CO Even Russia's state oil company ROSNEFT is on the list.

The media has no choice but to colonize the human psyche in today's world, one of the purposes of Qatar, which is rich and influential in world politics. "

There are 60 entertainment based channels under this group!

The Qatari government has set up ALJAZEERA MEDIA NETWORK, a world-renowned media group owned by Qatar, the world's second-largest television network after the BBC, which has more than 80 news bureaus around the world.

The group has 60 sports and entertainment channels, broadcast in 7 different languages ​​in 43 countries.

With the withdrawal of US troops from Saudi Arabia in 2003, Qatar spent billions of dollars on its own initiative to build bases for US troops.

Qatar has forged friendly relations with Turkey and Iran to maintain a balance of power, with about 11,000 US troops stationed at the two bases in Qatar.

Although the small country has imposed sanctions on Qatar, led by Saudi Arabia, to reduce its global influence, it has not done much harm to Qatar.

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