Oil was discovered in the 1940s, bringing wealth to the country in the 1950s and 1960s. About 85% of Qatar’s income from exports comes from oil. Its people have one of the highest per capita incomes in the world. In 1971, Qatar was to join the other emirates of the Trucial Coast to become part of the United Arab Emirates. But both Qatar and Bahrain decided against the merger and instead formed independent nations.
Facts from https://www.factmonster.com
Flag Photo from https://www.countryflags.com