The current unemployment rate in Qatar is 0.1 percent, which is extremely low. This is due to the substantial amount of open positions; as a result, everyone looking for work in the nation has a good chance of success. The economy is growing quickly, and the gross national product in recent years was extremely near $9 billion US dollars.
The most significant industry in the nation is the production of oil and natural gas. In light of this, the construction industry is the best one to work in if you're looking for a job in Qatar. The real estate market, the finance and insurance industries, and manufacturing are all key economic sectors. In a similar way, Qatar's construction and building sectors are two of the most significant employers. This will be particularly true in the years leading up to the FIFA World Cup in 2022, which the country of Qatar will host. On the other side, it can be seen that this industry will experience a period of slower growth following this momentous event.
Numerous regional and global headquarters of significant corporations are located in Qatar. These firms include Shell, ExxonMobil, BNP Paribas, HSBC, and Standard Chartered. On the other side, there are numerous important neighborhood businesses. Qatar Steel, Msheired, Qatar Petroleum, and Woqod are a few examples of these businesses.
The building sector in Qatar is presently going through an unparalleled expansion as it prepares to host the 2022 World Cup. The deadlines for Qatar's 2030 ambition are also the focus of various projects. As a direct result, there is a huge need for laborers all around the country.
The tourist and hospitality industries both have a tonne of space to grow in the upcoming years. As a result, if you're seeking a job in Qatar, you should strongly examine the two industries stated above. The government is aiming to market these as potential alternate revenue streams in an effort to minimize the country's dependency on oil as its main source of income. As a result, it made a $17 billion investment in new infrastructure projects in 2008 to help achieve this goal. The best place to look for employment if you want to work in Qatar is restaurants and hotels.
Restitution in Qatar
Qatar's current minimum monthly wage is 750 Qatari Riyals (QAR). However, the administration announced that it would soon pass new minimum wage regulations around the end of 2019.
riyal banknotes from Qatar
Despite this, the country has relatively high earnings, which is the main appeal for foreign employees looking for jobs there. One month's salary in Qatar is around 13,000 Qatari riyals (QAR). However, these can differ greatly from one another. In terms of pay, one can earn as low as QAR 1,200 per month or as much as QAR 90,000. Here is a summary of some typical salaries received by expats in various occupations:
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