This year is gearing up to be a big one for Qatar. The country is set to host the Fifa World Cup in November and December, which is expected to boost the country’s reputation as a tourist destination with more than a million visitors attending the tournament. Meanwhile the conflict in Ukraine has once again highlighted the importance of the Gulf nation’s vast natural gas resources.
Soaring oil prices around the world are set to bring a windfall to Qatar, which has a population of less than three million and is already one of the richest countries in the world on a per-capita basis. Qatar’s sovereign wealth fund, the Qatar Investment Authority, now manages more than $400bn in assets.