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Dear Colleagues,

The months of March and April have been marked by engaging events and significant milestones, showcasing our unwavering commitment to excellence and innovation.

Our calendar featured activities promoting knowledge exchange and networking. From our cherished Annual Suhoor to the insightful Wealth Management Event and CEO Roundtable for Banks, each reinforcing our dedication to fostering meaningful connections and sharing expertise. Beyond the QFC-hosted gatherings, we actively participated in prominent events such as the Arab Federation of Capital Markets and the China (Weifang)-Qatar Conference on Economic and Trade Cooperation, reaffirming our determination to nurture international partnerships.

Furthermore, we finalised significant Memoranda of Understanding (MoUs), partnering with IMAR Trading and Contracting Co WLL to develop and expand the financial district and facilitate the relocation of financial institutions to Lusail Boulevard and collaborating with the Chartered Institute for Securities and Investments (CISI) to upskill the workforce within the QFC and the broader financial services industry. These partnerships underscore our commitment to forming strategic alliances that drive innovation and propel us towards new horizons.

Lastly, I am pleased to announce that our client base continues to grow, with 260 new firms joining our community during the third and fourth months. This growth reflects the trust and confidence both local and international businesses have in the QFC.

I extend my heartfelt gratitude to our dedicated teams for their contributions to our growth. Let us continue to innovate, collaborate, and reach new heights of success.

Yousuf Mohamed Al-Jaida

Chief Executive Officer, Qatar Financial Centre

We are proud to welcome 260 new firms to the QFC platform during March and April 2024
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QFC News Highlights

Banco Santander opens representative office in Doha

QFC Signs MoU with Imar Ahead of Move to Lusail City

QFC Signs MoU with CISI to Build Talent Within The Finance Profession

QFCA designates new Board of Directors

QFC Hosts Premier Event on Wealth Management

Non-energy growth strengthens in April

Business News Highlights

Qatar's real GDP growth forecast at 2.1% this year, 3.2% in 2025: World Bank

Qatar ranked among top 10 richest countries in the world

Qatar commercial banks’ assets up 5.6% to QR1.99 trillion

Qatar Islamic Bank's net profit surges by 5.5% to $262.36 million in first quarter

Saudi Arabia, Kuwait, and Qatar Post Strong Growth In Non-Oil Activity For April

Countries with Highest GDP Growth 2024

GCC central banks hold interest rates steady for 6th time following Fed’s move

Fed decision on interest rate holds major importance for world economy

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Global economy remains resilient despite uneven growth, challenges ahead

World Trade Organization

Global trade hit over $30tn in 2023


2024 EY Global Wealth Management Industry Report: “Rethinking the how”
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