Business in the country’s tourism and hospitality and accommodation sectors is booming around the Qatar Football World Cup. Football’s governing body FIFA has already booked 80 percent of the country’s hotels and motels for the World Cup. Expatriate Bangladeshis are seeing the possibility of huge profits in the hotel business on the occasion of the Football World Cup.
Qatar is now a city of festivities surrounding the hosting of the FIFA Football World Cup. The image of the country has changed in terms of infrastructural development centered around hosting the World Cup. There is no shortage of events in the country.
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Football fans from around the world will start flying to Qatar from November 1. Businesses in the country’s tourism and hospitality and accommodation sectors are now busy around the World Cup.
FIFA, football’s highest governing body, has already booked 80 percent of the country’s hotels and motels for the visitors. Most of the buildings in the housing sector are already rented out. Expatriate Bangladeshis working in various hotels in Qatar are seeing the possibility of huge profits in the hotel business on the occasion of this magnificent festival.
The real estate business in the housing sector has got a different momentum due to this recession. After the World Cup, expatriate businessmen believe that a large part of the income of expatriates will go to Bangladesh as remittances.
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In this context, Gulf Bangladesh Business Association President M Saiful Alam said, ‘The mood of the World Cup, which is going to start from November 20, has already started and business dynamics have also increased. On the occasion of this World Cup, we expect a large part of the money that Bangladeshis will earn to go to the country as remittances.
Spectacular buildings have been constructed in Qatar to mark The Greatest Show on Earth. Ahead of the World Cup, there has been a lot of excitement among the country’s citizens and immigrants.