1. This PESTEL Analysis of Qatar examines the political, economic, social, technological, environmental, and legal factors that impact the Country. Qatar Airways has strong strategic alliances with some great airways and it is a member of Oneworld global airline alliance. Our mission is to deliver Excellence in Everything We Do. Qatar Airyways vision statement reads Qatar Airways aims to provide airline of your choice, offering the flights you want to the destinations you need. Qatar Airways USP or unique selling proposition lies in the unparalleled service they offer both on the ground and in the air for their passengers.. All rights reserved LCHW. 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. It has co-operation agreement with Iran as well. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. This report is designed to provide in-depth information about Qatar including its PESTLE (political, economic, social, technological, legal and environmental), SWOT (Strengths, Weaknesses, Opportunities and Threats) and country risk analysis backed by macroeconomic data. 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. Scope of Qatar - PESTEL Analysis Report. If we evaluate Qatar on the basis of Porters diamond model:-. Published: January 10, 2023 Every customers requirement is unique. New regulation imposed by the US on the ban of laptops for the passengers coming from the Middle East affects the overall satisfaction of the passengers boarding. Registered office: Creative Tower, Fujairah, PO Box 4422, UAE. Subsidiaries, Partnerships and Collaborations Report. Having used several other market research companies, I find that GlobalData manages to provide that difficult-to-get market data that others cant, as well as very diverse and complete consumer surveys. Do you have a 2:1 degree or higher? Airlines need to utilize modern techniques and fleets to reduce emission. Top Quality. Qatar is officially known as the State of Qatar. Customized Solutions Qatar is a small country located on east of Saudi Arabia and has population just over 9, 00,000 people and it has emirate-type government. This clearly shows that Qatar Airways has a huge opportunity for further expansion of its base internationally with more such alliances and acquisitions. Cultural and tourism attractions are developing rapidly. Now it is going to become the big business center like Dubai after managing the FIFA world cup as new hotels and various other buildings are being constructed in this country. Are you looking for a report which is not covered on our website? Global network coverage with huge modern fleet: Qatar Airways serves more than 150 destinations across the globe as of FY16. Reference this Share this: Facebook. Any information contained within this essay is intended for educational purposes only. Let us start the Qatar Airways PESTLE Analysis: The political factors in the Qatar Airways PESTLE Analysis can be explained as follows: Qatar Airways administration is run by the government of Qatar as it is the national flagship of Qatar. Conservation of oil supplies, preservation of the natural wildlife heritage, and increasing the water supply through desalination are high on Qatars environmental priority list. Other relevant articles for you are: PESTEL analysis of the United Arab Emirates (UAE). SWOT analysis, forecast, scenario analysis, and risk analysis of Qatar is also included in the report. The PESTLE / STEEPL / PEST analysis report is a framework used to understand the impact of external factors on the macro environment that influences the business of Qatar Airways. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. Majorly reliant on international customers with low local population, 1. It often works on mitigating the differences between differing sides in the Middle East and beyond. 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. This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. Qatar Airways SWOT & PESTLE Analysis - SWOT & PESTLE.com. The companies are not associated with MBA Skool in any way. This shows the impact of global lockdowns on the countrys economy. Qatar's real GDP is expected to expand by 18.1% in 2010 Continued government support and increased hydrocarbon revenues to boost the economy.Central Bank's net reserves estimated at US$ 19.3 bn (2009), up from US$ 9.8 bn in 2008. This positive current account balance indicates the Qatar is net lender to the whole world. ): Infant mortality rate17.46/1,000 live births. Midmac Contracting Co. W.L.L. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Qatar. Mechanization trend in the country. Arabic is the official language while English is widely spoken as well. Qatar gas the largest non-associated gas field, which is North Dome gas field and it holds about 14 to 16% of the world reserves. Also, the cost of operation of the airline industry increases due to laws which are related to ensure level of quality and consumer safety. Nokia is a Finnish multinational communications company. ): 1,448,446; males 1,096,815 (75.7%); females 351,630 (24.3%). The headquarters of Qatar airways are situated in Doha, which is again a very attractive place to visit. 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. 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. 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. Qatar may look small, but in commercial terms it is a rising giant. This deal was prompted due to the decision of Britain to part ways with the European Union. 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. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. Qatar has made significant development in technology and various new mobiles and computer technology is introduced in the country. Qatar has recently focused heavily on tourism particularly in response to the blockade imposed by Saudi Arabia, Bahrain, Egypt, and UAE. Legal environment is the last element to discuss in the PESTEL analysis of Qatar (Qatar country profile). 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. New and latest technology is used in exploring the oil and natural gas (UK Essays, 2015). Qatar often hosts international events and conferences on education, economy, religion, and politics. It is improving in IT sector and emerging as great threat to many markets because it performed exceptionally well in 2010. Currency Conversion is for Indicative purpose only. Doha is a major city of Qatar which contributed 35.2% to the countrys GDP and comprised 42.8% of the countrys population in 2022, according to the GlobalDatas city database. The detailed table is available in the Complete Report. SWOT analysis, forecast, scenario analysis, and risk analysis of Qatar is also included in the report. Following are the legal factors in the Qatar Airways PESTLE Analysis: Legal factors include various national and international laws which a company must follow to avoid intervention of government and international bodies in the operation of the business. https://www.reuters.com/article/us-qatar-airways-outlook/qatar-airways- The Qatar DSM index has exhibited a decreasing trend. Qatar Airways has been severely affected by the crisis as it cannot use Saudi airspace and has to reroute its flights over Iran and Turkish airspace which increases flight time. Non-Muslims and Shia Muslims experience discrimination in employment and education. Doha is the capital and largest city. This has increased its presence in Italy. COVID-19 Related Policy Response of Qatar5.1 Coronavirus (COVID-19) Containment Measures of Qatar5.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by Qatar5.3 Coronavirus (COVID-19) Related Monetary Policy Measures by Qatar5.4 Coronavirus (COVID-19) Related Policy Measures for MSMEs by Qatar, List of ExhibitsExhibit 2.1 Real GDP of Qatar (in QAR billion) 2020-2027Exhibit 2.2 Nominal GDP of Qatar (in QAR billion) 2020-2027Exhibit 2.3 Nominal GDP of Qatar (in USD billion) 2020-2027Exhibit 2.4 GDP Deflator Index for Qatar 2020-2027Exhibit 2.5 Per Capita GDP of Qatar (in USD) 2020-2027Exhibit 2.6 PPP Per Capita GDP of Qatar (in USD) 2020-2027Exhibit 2.7 Gross National Savings of Qatar (in %) 2020-2027Exhibit 2.8 Consumer Price Index (CPI) Inflation of Qatar 2020-2027Exhibit 2.9 Change in Import Volume of Goods & Services of Qatar (in %) 2020-2027Exhibit 2.10 Change in Export Volume of Goods & Services of Qatar (in %) 2020-2027Exhibit 2.11 Government Revenue of Qatar (in QAR billion) 2020-2027Exhibit 2.12 Government Revenue of Qatar (in % of GDP) 2020-2027Exhibit 2.13 Government Expenditure of Qatar (in QAR billion) 2020-2027Exhibit 2.14 Government Expenditure of Qatar (in % of GDP) 2020-2027Exhibit 2.15 Government Net Lending / Borrowing of Qatar (in QAR billion) 2020-2027Exhibit 2.16 Government Net Lending / Borrowing of Qatar (in % of GDP) 2020-2027Exhibit 2.17 Government Gross Debt of Qatar (in QAR billion) 2020-2027Exhibit 2.18 Government Gross Debt of Qatar (in % of GDP) 2020-2027Exhibit 2.19 Current Account Balance of Qatar (in USD billion) 2020-2027Exhibit 2.20 Current Account Balance of Qatar (in % of GDP) 2020-2027Exhibit 2.21 Qatar - Top 10 Export Countries (in USD billion) & % Share 2021Exhibit 2.22 Qatar - Top 10 Import Countries (in USD billion) & % Share 2021Exhibit 2.23 Population of Qatar (in million) 2020-2027Exhibit 3.1 SWOT Analysis of QatarExhibit 5.1 COVID-19 Policy Response for Supporting MSMEs by Qatar. Qatar Airways remains committed to expanding its global network -Al-Baker: https://www.gulf-times.com/story/576192/Qatar-Airways-remains-committed-to-expanding-its-g, 6. 1. Businesses are becoming increasingly technological, hence the importance of the T in PESTLE analysis. There is no doubt that Qatar is one of the top countries in the world that has accepted and adapted new technologies. Dependence on immigrant labor means outflows of remittances are high, though the current account remains firmly in surplus. Multi-billion dollar projects in numerous sectors in the coming years. It has been ruled by the House of Thani for a long time. So, the company must consider these factors to make any strategic decision. A massive number of tourist attractions have been built that coupled with natural attractions, have increased the appeals of the country to both local and international tourists. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. This is a comprehensive PESTEL analysis of Qatar (Qatar country profile). The country's score is in the low-risk nations band (30-40). This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. 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. Qatar Airways is the youngest airline having served all six continents. Work force (2006): 508,000. The airline followed all safety rules to ensure that various stakeholders are happy with the operation of the business. This product is a country research report. Economic factors and their impact on Qatar. Thus, Qatar Airways is now a fully Qatari government-owned entity. It is going to become the big business hub in coming years. A study of the major internal and external factors influencing Qatar Airways with the help of strategic tools like SWOT and PESTLE. These have made Qatar Airways popular amongst its patrons. The effective implementation of law ensures the security and safety of lives and properties of people. He is a lecturer in Management and Marketing. Political blockade of Qatar by other GCC nations to impact Qatar Airways: In June 2017, four Middle East countries - Saudi Arabia, Bahrain, the United Arab Emirates and Egypt severed trade and diplomatic ties with Qatar due to political and ideological differences, and also closed transport connectivity by road, sea and air to these countries from Qatar. In 2022, Qatar governments revenue was QAR 323.529 billion whereas the expenditure was QAR 222.641 billion. PESTLE analysis of Qatar Political and legal environment. It has had huge profits which indicates that financially the company is sound. All orders are processed in US Dollars only. Qatar Airways PESTEL & Environment Analysis Posted by Freddie Murphy on May-12-2018 PESTEL Analysis & Environment Analysis The PESTEL analysis is a tool devised by Harvard professor Francis Aguilar to conduct a thorough external analysis of the business environment of any industry for which data is available. A new municipality, Al Daayen, was created under Resolution No. You can use the following in your reference section in order to give credit to the source. 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). Qatar Airways Porter's Five Forces Analysis, Qatar Airways Segmentation, Targeting and Positioning (STP) Analysis. Here you can choose which regional hub you wish to view, providing you with the most relevant information we have for your specific region. Indeed, it has steadily increased for the last 10 years. This is a single user license, allowing one user access to the product. 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. Amnesty International (2021) Qatar 2020, available at: https://www.amnesty.org/en/countries/middle-east-and-north-africa/qatar/report-qatar/ (accessed 18 July 2021), Dalton, J. Air, water, and land pollution are also significant environmental issues in Qatar. Known for opulent flying, Qatar Airways primarily caters to passengers travelling internationally traveling passengers, who can afford business class. * By clicking on "Buy Now" you agree to accept our ", On purchase the Qatar Airways SWOT & PESTLE Analysis PDF report will reach you. However, a normalisation tune was adopted by the boycotting sides in early 2021 and significant steps were taken to reopen the land, sea and air corridors for the movement of people and goods to and from Qatar. Security is the principal basis for Qatars strict entry and immigration rules and regulations. Due to COVID-19, people now avoid travel due to fear of infection. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Qatar. Business Intelligence & Marketing Manager, SAL Heavy Lift, Market Analyst & Management, Liebherr-Werk, Marketing Intelligence Manager, Portugal Foods, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. The government control its operation and has started various new routes for the airways. 2022 FIFA world cup in Qatar to fuel aviation growth, 1. The airline has been the front-runner in introducing premium service offerings such as lie-flat beds in Business Class to being the first to launch the A350 the most technologically advanced commercial passenger aircraft. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers. It should not be treated as authoritative or accurate when considering investments or other financial products. The product is a PDF. 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. They are generous and hospitable. 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. This article has been researched & authored by the Content & Research Team. Furthermore, Qatar allows up to 100% of foreign ownership in agriculture, manufacturing, health, education, tourism, power, and projects involved in the development and exploitation of natural resources, pending approval from the Qatari Government. It examines how the country is affected by the macro-environment factors and the strategies it has developed to seize opportunities and confront challenges. In fact, it is the richest one with a GNI (Gross National Income) per capita of $116,799 (Suneson, 2021). War in Russia and Ukraine, loss of market opportunities in Russia & Ukraine, increasing defence spending , increasing interest rates , high inflation , high government debts , technological changes such as . 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. 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. This is your chance to explore any of the technological factors affecting a business, including both technological constraints and advancements.This may refer to access to technology within a given region or the development of new technologies within an industry. This is an enterprise license, allowing all employees within your organization access to the product. The SWOT/TOWS analysis for Qatar Airways is presented below in a SWOT matrix followed by its detailed analysis: 1. Environmental, Social, and Governance (ESG) Analysis Report. Qatar Airways Factsheet 2018: Holistic Analysis 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. 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. This report is designed to provide in-depth information about Qatar including it's PESTLE (political, economic, social, technological, legal and environmental), SWOT (Strengths, Weaknesses, Opportunities and Threats) and country risk analysis backed by macroeconomic data. . However, Sharia or Islamic law is applied to aspects of family law, inheritance and certain criminal acts. Twitter. As a result, the energy-based economy is gradually shifting focus towards a tech and knowledge-based one. Now the world cup will make it center point of attraction of the people across the world and people will start their business activities. Some customers also get attracted offers while booking their ticket which increases their level of satisfaction with the company. https://www.qatarairways.com/content/dam/documents/press-kit/Qatar%20Airways%20Factsheet%20-%20English.pdf. They give attention to their religion as huge number of population is Muslim and they have rich tradition and Islamic culture. We're here to answer any questions you have about our services. The content on MBA Skool has been created for educational & academic purpose only. This report provides SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for Qatar. It is further expected to increase by a CAGR of 2.8% and reach QAR 776.965 billion by 2027. Qatar Airways PESTLE Analysis assesses the brand on its business tactics across various parameters. The population of Qatar may not be very high but Qatar has high per capita GDP, which indicates that people have high disposable income to spend on travel and other leisure activities. Qatar Airways is the official airline of the Emirate of Qatar. As of January 2, 2023, the Index stood at 10,834.4, compared to 11,620.7 on January 2, 2022. 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! M Rahman writes extensively online and offline with an emphasis on business management, marketing, and tourism. 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. In nominal terms, the three sectors are expected to grow by 3.2%, 2.7% and 5.2%, respectively, in 2023. By analyzing these factors, businesses can make informed decisions about their operations and strategies. So, the airway company has really managed well to limit the amount of carbon emission it causes and thus also satisfied various stakeholders. For instance, it is one of the hottest places on Earth. 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. 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. This is a site license, allowing all users within a given geographical location of your organization access to the product. As Qatar is subjected to an arid climate, it mainly possesses an arid soil, with coarse texture, shallow depth and low retention low of soluble substances. However, its low-cost dominance in liquefied natural gas(LNG)export is now challenged by Australia, the USA, Egypt, and Mozambique (World Bank, 2020). This report coversQatar's PESTEL (political, economic, social, technological, environmental and legal) analysis. All Rights Reserved. Political factors and their impact on Qatar. The State of Qatar is a peninsula located between 24o 27- and 26o 10- N latitude and 50o 45- and 51o 40- E longitude. The names and other brand information used in the PESTLE Analysis section are properties of their respective companies. Development of natural gas reserves and distribution deals, especially in the liquefied natural gas (LONG) industry. Qatar airways always has its own website and app on which customers can easily book tickets anywhere at any time. This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. Private sector61.2%; mixed sector28.5%; government5.6%. Also, Qatar has a stable currency and the country imposes no foreign exchange controls. Report Code: GDER0061. Vast number of foreign residents lives in the country but they cannot apply for citizenship. 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. However, according to Amnesty International (2021) freedom of expression is restricted in the country. Browse analysis of more brands and companies similar to Qatar Airways PESTLE Analysis. However, growing numbers of woman are receiving government scholarships to study abroad, and some women work in education, medicine, and the media. Owned totally by the government of Qatar, it is the official premium flagship carrier of the Qatar government. 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. Major industries in Qatar and its contribution to GPD. 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. By analyzing these factors, businesses can make informed decisions about their operations and strategies Corporal punishment is allowed by law, although amputation is not. Customer perception of exclusive and premium service, 1. The current account balance for Qatar was positive USD 46.87 billion for the year 2022 and is expected to further decrease at a CAGR of 14.74% and reach positive USD 21.121 billion by 2027. In fact, the temperature is high that it had to install air conditioning in the open air including in streets and outdoor markets (Dalton, 2019). This is the sample complete report which will give you a glimpse of what your complete report will cover after purchase. 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. SWOT & PESTLE.com (2023). It has formed alliances with several different organizations to provide improved and unique services. Approach of this paper shows that researcher has applied each factor of PESTEL analysis on The Labour Law ensures employees rights and welfare. IT companies collaborating to access the market. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. Qatar. Education: Compulsoryages 6-16. Free resources to assist you with your university studies! Scope - Qatar was ranked 33rd out of 153 nations in the GCRI Q3 2022. 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.. Synopsis Understand the political system in UAE through analysis of key figures in the country and governance indicators. 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. Source: Company website and other reliable sources. This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies presence in these areas. 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. Study for free with our range of university lectures! 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. However, the division of class, and high cost of living are two significant social problems in the country. 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. 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. He holds an MSc in Tourism & Hospitality from the University of Sunderland. This section is available only in the 'Complete Report' on purchase. We also use your market data in our Strategic Business Process to support our business decisions. They are also unable to bring suits as plaintiffs in Shariah courts. The Government of Qatar has ownership interests in several economic sectors, including oil and gases production, petrochemicals, and the steel and fertilizer industries.
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