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). 2. All Rights Reserved by Barakaat Consulting. Qatar Airways strengthed its shareholder position by attaining an appreciation in the share price from 15.24% to 20.01% in IAG, the worlds largest airlines group. Technological factors and their impact on Qatar. Pages: 45 Interestingly, Qataris are considered a minority in their own nation with a representation of only 15% of the total population. 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. Shariah law governs inheritance and child custody matters and favors men. 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. by adamkasi | Oct 31, 2016 | Companies. This positive current account balance indicates the Qatar is net lender to the whole world. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. It decided long ago to diversify its economy. By analyzing these factors, businesses can make informed decisions about their operations and strategies. In case you want this report emailed straight into your email inbox, kindly share your details below. QATAR ECONOMIC FACTORS Local economy Inflation International trade 3. Petroleum gas, crude petroleum, refined petroleum, ethylene polymers, and nitrogenous fertilisers are some of the top exports of Qatar that mostly go to countries such as Japan, South Korea, India, China, and Singapore. Copyright 2002-2023 Research and Markets. This is the sample complete report which will give you a glimpse of what your complete report will cover after purchase. However, Sharia or Islamic law is applied to aspects of family law, inheritance and certain criminal acts. Here you can choose which regional hub you wish to view, providing you with the most relevant information we have for your specific region. 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. PESTEL analysis of Qatar (Qatar country profile) - howandwhat Qatar PESTEL Analysis Market Research Report 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. Grow your business. An Environmental Protection Committee was created in 1984 to monitor environmental problems. It is a close ally of the United States of America, China, and Turkey. The IT services market is forecast to be the fastest-growing segment of the Qatari IT market between 2010 and 2014, outperforming the hardware and software sectors. It has formed alliances with several different organizations to provide improved and unique services. 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. Other industries such as tourism and hospitality, Islamic finance, fertilizer production, agriculture, and fisheries are rapidly growing as well. The Qatari Government has established credibility among the population and the business community.When plans and projects are announced, they are usually realized, and contracts are awarded in a generally efficient and transparent manner.Qatar is very amenable to western visitors, and security experts consider Qatar to have one of the lowest crime countries on earth. Reach thousands of academicians and corporates. In addition to smog and acid rain, the nation has been affected by the air pollution generated during the Persian Gulf War. Security is the principal basis for Qatars strict entry and immigration rules and regulations. 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. * By clicking on "Buy Now" you agree to accept our ", On purchase the Qatar Airways SWOT & PESTLE Analysis PDF report will reach you. MBA Skool is a Knowledge Resource for Management Students, Aspirants & Professionals. Qatars real gross domestic product (GDP) was QAR 648.027 billion in 2020 and while recovering from the COVID-19 impact it increased by 1.57% to be around QAR 658.338 billion in 2021. Digital Marketing and Social Media Strategy Analysis Report. Qatar: SOOT Analysis By Normalizing vulnerable to shifts in world prices. This product is a country research report. They react quickly to adjust capacities and cost levels. Since Qatar Airways is an official flagship carrier of the Qatar government, its activities are monitored by the government and the carrier is under the high influence of political and legal factors. Qatar Airways is the youngest airline having served all six continents. Ethnic groups: Qatari (Arab) 20%; other Arab 20%; Indian 20%; Filipino 10%; Nepali 13%; Pakistani 7%; Sri Lankan 5%; other 5%. Qatar was boycotted by Saudi Arabia, UAE, Bahrain, and Egypt in 2017. Owned totally by the government of Qatar, it is the official premium flagship carrier of the Qatar government. It often works on mitigating the differences between differing sides in the Middle East and beyond. https://www.qatarairways.com/content/dam/documents/press-kit/Qatar%20Airways%20Factsheet%20-%20English.pdf. It has vast reserves of oil and it is main source of income. It should not be treated as authoritative or accurate when considering investments or other financial products. In addition, it is necessary to identify the technology used for electricity generation and then analyze its economic impact on the . Airlines opting for advanced technology has made the entire traveling experience easy and at fingertips for passengers, with features like online booking and payment facility, online arrival and departure notification and online-check-in, the whole process just gets simpler and better. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. With IT services spending estimated to grow to US$151mn by 2014, the next period promises to see more opportunities in sectors such as financial services, healthcare, education and communications. Qatar Airways PESTEL Analysis - UKEssays.com Due to COVID-19 as many countries have put restrictions on the travel to other countries, this has put an adverse impact on the performance of the airways and may result in high decline in the profits this year. The SWOT/TOWS analysis for Qatar Airways is presented below in a SWOT matrix followed by its detailed analysis: 1. Qatar Airways is a trendsetter and renowned for all the premium services that it offers ranging from online check-in facility, passenger and baggage safety, customized food meals options from various cuisines, comfortable and spacious lounge to merest waiting time. The report also includes forecast for Qatar's economic growth through 2021. We use cookies to ensure that we give you the best experience on our website. exchange specialized and technical committees, conduct joint campaigns against terrorism and insecurity in the region. QATAR POLITICAL FACTORS Trading policy Administrative division Wars, terrorism and conflicts Elections and political trends Inter-country relationships Corruption Bureaucracy 2. Now the local national people are getting education from foreign countries and now they are holding the key positions after completing their education. The real GDP of Qatar is expected to expand by 18% in 2010 and it is still increasing with the enhancement of hydrocarbon revenue and support of the government to boost the economy. PESTEL Analysis - Qatar Airways - Oboolo The people have access to the internet and they use social media websites. PEST Analysis of Nokia 2. Also, some period later group of countries decided to cut the political ties with the Qatar, which have really affected the business. SWOT Analysis of Qatar3.1 Strengths3.2 Weaknesses3.3 Opportunities3.4 Threats, 5. The airline and its subsidiaries have more than 43,000 employees globally as of 2017. Qatar Airways was established in November 1993 and began operating in 1994. Noncitizens make up 75% of the workforce yet are discriminated against and sometimes mistreated. ): Infant mortality rate17.46/1,000 live births. Doha is the capital and largest city. Singapore. Other significant nationalities living in the country are Arab, Indian, Filipino, Nepali, Bangladeshi, Egyptian, and Sri Lankan. to-report-very-large-loss-for-current-fiscal-year-ceo-idUSKCN1GJ1VJ, 3. Critical examination of the PESTEL Analysis Model Qatar is already the leading global supplier of LNG and output is expected to increase to 77 million tonnes per year by 2012. Midmac Contracting Co. W.L.L. Copyright 2003 - 2023 - UKEssays is a trading name of Business Bliss Consultants FZE, a company registered in United Arab Emirates. Businesses are becoming increasingly technological, hence the importance of the T in PESTLE analysis. Every customers requirement is unique. Protectionist policies of Trump administration to affect Middle East carriers, 1. Some of the PESTEL Analysis factors that are impacting the Abu Issa Holding: Navigating the Qatar Blockade business environment are -. It is about 180 km long and 85 km wide, covering an area of 11,437 km2. Each license type allows a set number of users to access the report. This PESTLE country analysis report on UAE provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. They can make their economy strong with the implementation of various financial investments and start working at their own. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. The oil reserve in Qatar is massive and equal to 13% of the global supply. This is a single user license, allowing one user access to the product. Qatar Airways became a fully government owned entity in 2014, with the country's sovereign fund, Qatar Investment Authority (QIA) buying the shares from its former prime minister and other shareholders. 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. Qatar agrees to financial disclosures in spat with U.S. carriers: The GlobalData platform is our go-to tool for intelligence services. The airlines boasts of 196-strong fleet of modern aircrafts which includes a number of the new generation and technologically advanced 16 Airbus A350-900 as well as 30 Boeing 787 Dreamliners. This have really affected the revenues of the company. Political factors Political factors involve the ways and extent to which a government intervenes in economies or industries. Holistic Analysis In the short term, the economy will be boosted by the 2022 FIFA World Cup and elevated hydrocarbon prices, but economic dive . Also, Qatar has a stable currency and the country imposes no foreign exchange controls. (PDF) PESTEL analysis of tourism destinations in the perspective of Our global network now sees us flying to over 100 destinations worldwide and operating some of the youngest fleets in the sky. 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. This has really put a very adverse impact on the whole airline industry. SWOT & PESTLE.com (2023). 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! 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. This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. It has raised its profile in the international arena and is considered a middle power. The names and other brand information used in the PESTLE Analysis section are properties of their respective companies. Market Research Reports, Inc16192 Coastal HwyLewes, DE 19958, USA. The country has not accepted compulsory International Court of Justice jurisdiction. Qatar airways pestle analysis Free Essays | Studymode You may also like reading SWOT analysis of Qatar Airways. 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. They give attention to their religion as huge number of population is Muslim and they have rich tradition and Islamic culture. Understand the economic situation in UAE through a . Through the South Hook LNG terminal in Wales, Qatar is capable of supplying up to 20% of the UKs gas needs. Read More USD 300 Add To Cart By analyzing these factors, businesses can make informed decisions about their operations and strategies Qatar Airways serves 350 other destinations by being a member of Oneworld global airline alliance. Other notable religions are Christianity and Hinduism. It continuously strives to deliver a superior and differentiated passenger experience which is one of its key strengths and also helps to drive and build customer loyalty. Annual Report 2017 - Qatar Airways: https://www.qatarairways.com/content/dam/documents/annual-reports/2017_Annual_Report_ENGLISH-WEB.pdf, 2. Qatar has recently focused heavily on tourism particularly in response to the blockade imposed by Saudi Arabia, Bahrain, Egypt, and UAE. Qatars per capita GDP is one the highest in the world at around $30,000. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. Qatar has set an aim to become the most open nation in the Gulf. This report provides risk analysis for Qatar. The SWOT analysis is a convenient technique to interpret the strength, weakness, opportunity, and threats and their repercussions on the current business model of Qatar Airways group. This report coversQatar's PESTEL (political, economic, social, technological, environmental and legal) analysis. The industry is developing rapidly drawing attention of the international tourists. Qatar is a civil law jurisdiction. This product is a country research 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. UK Essays (2015), PESTEL Analysis of Qatar, available at https://www.ukessays.com/essays/economics/pestle-analysis-of-qatar-economics-essay.php, Lucintel (2013), PESTEL Analysis of Qatar 2013, available at http://www.lucintel.com/pestle_of_qatar_2013.aspx, Reuter (2013), Research and Markets: PESTEL Analysis of Qatar 2013: Qatar Significantly Expanding the Non-Hydrocarbon Sector, by Spending in Excess of $140 Billion Over the, Coming Decade, available at http://www.reuters.com/article/research-and-markets-idUSnBw175800a+100+BSW20131217, Designed by Elegant Themes | Powered by WordPress, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Tumblr (Opens in new window). However, with increasing terrorist acts some of the countries have closed all means of communications and trade with Qatar. Qatar Airways also increased its stake in International Airlines Group (IAG) in 2016 to 20.01%. The PESTLE analysis is a handy technique to analyze the current external factors like political, economic, social, technological, legal and environmental and their effect on Qatar Airwayss business model, growth trajectory, its business case, and market strategy. PDF Pestel Analysis of Tourism Destinations in The Perspective of Business 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. The Qatar DSM index has exhibited a decreasing trend. It acquired 9.61% approx stake in it for $662 million. Qatar Airways is the official airline of the Emirate of Qatar. Business-friendly commercial procedures and political stability. 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. Report Code: GDER0061. Synopsis Understand the political system in UAE through analysis of key figures in the country and governance indicators. The product is a PDF. Qatar is a small country with a total population of around 2.9 million (Worldometer, 2021). - Strategy, SWOT and Corporate Finance Report, Ahli Bank Qsc - Strategy, SWOT and Corporate Finance Report, HBK Contracting Company W.L.L. Qatar Airways PESTLE Analysis | MBA Skool This positive current account balance indicates that Qatar will remain a net lender to rest of the world till 2027. You can use this work as a sample in order to gain inspiration or start the research for your own writing. Qatar Airways Factsheet 2018: 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. 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%. This understanding helps to evaluate the criticality of external business factors for any brand. Although domestic violence occurs, it is not a widespread problem. In order to promote tourism, Qatar has invested billions into improving infrastructure, it held the 2006 Asian Games and will be the host of the 2022 FIFA World Cup, becoming the first Arab country to host either of the events. 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. Adoption of innovative technology solutions to improve efficiency, 1. Regulations such as laptop ban on passengers originating from Middle East destinations to United States, 1. Population growth rate (May 2008 est. 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. From just 4 aircraft in 1997, it grew to 28 at the end of 2003 and to 50 in 2006 and currently operates over 150 aircraft, including a freight fleet. During 2016-17 the airline added new destinations across Australia, continental Europe and the Americas. 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. 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. Currency Conversion is for Indicative purpose only. Work force (2006): 508,000. Free resources to assist you with your university studies! 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. Global construction sector currently driven by infrastructure spending as commercial property undergoes correction.Demand outlook for Qatars construction sector shows signs of improvement with increasing optimism on new orders.Profitability levels are expected to stay muted due to higher raw material costs.While income from oil, currently produced at around 800,000 barrels per day, accounts for most of the governments revenue, Qatars future economy will depend increasingly on gas. 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. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! Twitter. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. Free Summary Report This report contains the table contents only. The government of Qatar has strong political will which have resulted in the tremendous growth of this airline. Qatar was ranked 33rd out of 153 nations in the GCRI Q3 2022. 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. The Government of Qatar has ownership interests in several economic sectors, including oil and gases production, petrochemicals, and the steel and fertilizer industries. Qatar is officially known as the State of Qatar. Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure. By analyzing these factors, businesses can make informed decisions about their operations and strategies. The primitive concern for environmental protection that needs to be approached immediately by airline industry is excessive consumption of fuel and wastage of oil. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. PESTLE Analysis Explained (With Examples) However, its influence goes well beyond the national border. Qatar claims that it is developing into a constitutional monarchy but it doesnt allow political parties nor hold elections on a national level yet.Suffrage is currently limited to municipal elections (for both males and females aged 18 years or more). The airway has also incurred high capital expenditure last year to buy new airplanes. All Rights Reserved. Qatar has adopted a monarchical system of government. This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. The government is going to make the infrastructure for the sports activities. GDP: US$71.2 billion (2007 est, Qatar Statistic Authority), Major Industries: Petrochemicals, Financial Services, Construction, Major trading partners: Japan, US, UK, Singapore, South Korea, Italy, Germany, UAE, France, Saudi Arabia, Exchange rate: 1 = QR 5.97 (October 2009) US$1 = QR 3.64 (fixed). From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. 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. Due to COVID-19 various new travel laws are made to ensure safety of the passengers and also to stop the spread of disease. This report provides an analysis of the Qatari economy from historical, current, and future perspectives. Air, water, and land pollution are also significant environmental issues in Qatar. Since 1997 it has been chaired by current CEO Akbar Al Baker. Qatar is surrounded on three sides by the waters of the Arabian Gulf and connected to the south by land to Saudi Arabia. Quizzes test your expertise in business and Skill tests evaluate your management traits. This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. Qatar Airways established in 1993 is the state owned carrier of Qatar and a leading aviation player globally. As countries now have become more globalized, the number of people moving across the world have also increased. For instance, it is one of the hottest places on Earth. During the 2016-2017 period, Qatar Airways became the third largest member of the alliance with International Airlines Group (IAG) subsidiary and British Airways, sharing revenue on the London Heathrow-Doha route. People are pleased with the facilities, which are provided to them and government has good relations with all neighboring countries and other developed countries of the world (UK Essays, 2015). Moreover, the Qatar government identifies investment and international trade as one of the fundamental components in promoting a country's economic growth. Adoption of new technology helped the company in increasing its customer base and at same time increase financial performance of the business. PESTLE analysis is also referred to as PESTEL analysis.
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