Money, Money, Money!
Doha Travel Blog› entry 60 of 68 › view all entries
December 13th, 2009 – by: ronin2k
Just got back to the airport from my short stay in Doha, Qatar. I had a 12 -hour layover here and lucky for me I have a cousin, Primal, who lives here, so I got a whirlwind tour of the City of Doha. For those unfamiliar with Qatar, its in the Middle East, near Dubai, Saudi Arabia and Bahrain. Like most Middle Eastern countries its rich, DAYAM rich! In fact, it’s the richest country in the world if you base your stats on a per capita basis, Qatari’s make about $40,000 USD per year. However, unlike other Middle Eastern countries, who base their economics off their oil reserves and trade (e.g., Dubai), Qatar, right now, is based off its large natural gas reserves; the crazy thing is they haven’t even tapped into their oil reserves yet! Not a drop it seems.
So what do you do with all this wealth?! Well in my short stay there I saw a Ferrari, Rolls Royce, and a Masarati dealership. I saw more skyscrapers, then I’ve seen back home in Toronto, I visited an exclusive, ultra rich residential and commercial area made from salvaged land into the sea (The Pearl, Qatar), with a mall with shops from Hermes, Giorgio Armani, Cavali, you name it, that designer probably has a store here! The wealth here is crazy!
My cousin was telling me all this development and wealth is only a recent thing. It seems in the past, the Qatari King and a few of his friends (cronies as they like to say) kept all the wealth of the country to themselves and lived extravagant lifestyles. Things changed some time back with a coup by the King’s son, the Emir, while the King was out of the country.
O’ on top of everything that has happened here in the recent past, the next big goal of Qatar is to host a major sporting event. You would think they would start off a little small, since they have never really held anything major in this country. You would think! So what are they bidding on these days? Well there were bids for the past two Summer Olympics and now the focus is getting the 2022 Fifa World Cup of Soccer! Crazy.
Hopefully one day I’ll get a chance to come back and spend a little more time here and live like the high roller I really am! Lol ;)
Ok gotta go catch my flight! Off to London! ;)
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