Forex is a business of rich countries and according to google Qatar is one of the richest countries in the world. Petroleum and natural gas are the cornerstones of Qatar's economy and account for more than 70% of total government revenue, more than 60% of gross domestic product, and roughly 85% of export earnings. Qatar has the world's third largest proven natural gas reserve and is the second-largest exporter of natural gas. GDP per capita $62,088.1
We want to highlight below things-
1. There is no international broker in Qatar whereas Dubai, Kuwait, Jordan is going forward speedily in this sector. For details you may go through our website’s article https://www.fxtsignals.com/investors-faqs/.c/forex-in-middle-east-countries
2. If we hire any international broker or establish a own format broker because of that the whole world will invest in Qatar whereas Qatar had invested $35bn in USA last 5 years https://www.industryweek.com/expansion-management/article/21965988/qatar-to-invest-35-billion-in-us-over-5-years and UK $40bn https://thepeninsulaqatar.com/article/13/02/2020/Qatar%E2%80%99s-investment-in-UK-exceeds-%C2%A340bn in Russia $13bn https://m.gulf-times.com/story/638331/Qatari-investments-in-Russia-around-13bn-says-official
3. A lot of Qatari citizens are involving different types of brokers day by day because everything is going to be online based where daily necessities are being sold & bought through online orders. It is being increased gradually. For earning sector people are fond of searching online. If every Qatari citizen gets his own country’s broker, they’ll be more inclined to fund here their own country and get more security. As a result, country’s regulation will be gigantically increased. Dubai’s majority citizens are depositing their own country’s broker and get benefited.
4. If govt. focuses this hedge fund basis ROYAL BUSINESS, it can be a multi trillion-dollar income source for the Qatari citizens and government also. Here I have submitted top ten online company’s income list-
Online company name | Founder | Per second income | Annual income |
Google | Larry Page and Sergey Brin | $691.27 | $21,800,000,000 |
Amazon | Jeff Bezos | $607.75 | $19,166,000,000 |
Yahoo | Jerry Yang and David Filo | $228.31 | $7,200,000,000 |
eBay | Pierre Omidyar | $199.45 | $6,290,000,000 |
MSN/Live | Nathan Myhrvold | $101.92 | $3,214,000,000 |
PayPal | Max Levchin, Peter Thiel, Luke Nosek | $71.35 | $2,250,000,000 |
iTunes | Jeff Robbin | $60.25 | $1,900,000,000 |
Reuters | Marshal Vace | $59.99 | $1,892,000,000 |
Priceline | Jesse Fink | $59.74 | $1,884,000,000 |
Expedia | Added Mark Schroeder | $45.88 | $1,447,000,000 |
Here I have submitted the info of top ten HEDGE FUND in the world (https://www.investopedia.com/articles/personal- finance/011515/worlds-top-10-hedge-fund-firms.asp)
HEDGE FUND NAME | BASED IN | ASSET | |
Bridgewater Associates | U.S.A | $138 billion | |
Renaissance Technologies | U.S.A | $133 billion | |
Man Group | UK | $117.7 billion | |
AQR Capital Management | U.S.A | $143 billion | |
Two Sigma Investments | U.S.A | $66.14 billion | |
Millennium Management | U.S.A | $42 billion | |
Elliott Management | U.S.A | $40 billion | |
BlackRock | U.S.A | $1.03 trillion | |
Citadel Advisors | U.S.A | $28.89 billion | |
Davidson Kempner Capital Management | U.S.A | $35.9 billion |