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Dear Colleagues,


The closing month of 2023 has proven to be a momentous period for the QFC family. I am especially pleased that we finally brought back our annual Majlis, an undoubtedly enjoyable event for everyone involved. Additionally, we unveiled our Strategic Vision 2030 and outlined key initiatives set to unfold in 2024, including our imminent relocation to Lusail, the future financial capital of Qatar.

The excitement extends to our outstanding performance in December and throughout the year. Notably, we welcomed 36 new firms last month, bringing the yearly total to an impressive 326.

As we embark on the new year, we embrace a fresh strategy and core values that will guide our operations, decision-making processes, and interactions with both internal and external stakeholders. This recalibrated outlook is crucial for navigating the ever-evolving business landscape we find ourselves in. While a robust strategy is paramount, true success hinges on each business unit and department playing their respective roles to achieve our 2030 targets.

I am confident that, in keeping with our organisational history, we will work harmoniously towards a unified goal. I extend my gratitude in advance for your commitment and the invaluable efforts you contributed throughout 2023, which were instrumental to our collective success.




Yousuf Mohamed Al-Jaida

Chief Executive Officer, Qatar Financial Centre

We are proud to welcome 36 new firms to the QFC platform in December 2023
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QFC News Highlights

Growth of new business, output accelerates in Qatar in Nov: QFC PMI

Global peace: QICDRC panel explores role of international law

QFCRA proposes updates to Islamic banking framework

An overview of the developments on the QFC Data Protection Regulations and Rules

MoCI signs pact with QFBA for training and professional development

Local Business News Highlights

Qatar tourism boom boosts investments, economic diversification efforts

Qatar to account for 40% of all new LNG supplies by 2029

Doha Forum witnesses global launch of Future Readiness Economic Index 2023

Qatar expects total revenue of QR202 billion in 2024 budget

Qatar ranks as top picks for investment in real estate

Qatar eyes $10 billion investment in US ports

80% of Qatar’s CEOs predict growth in their organisations

International Business News Highlights

Gulf states see shift in geopolitical focus

Global economy achieves growth higher than anticipated in 2023

Assets of SWFs in GCC reached $4.1 trillion in 2023

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Standard Chartered

A strong credit outlook for Qatar is forecasted due to its liquefied natural gas (LNG) expansion, strong public finances, robust balance sheet and positive ratings momentum.

Institute of International Finance - IIF Logo

Institute of International Finance

The gross foreign assets of the six GCC countries are expected to swell to around $4.4 trillion in 2024, supported by oil export-driven current account surpluses


Qatar has gained over all high scores in Quality of Life Index in 2023, scoring 169.77 points on the index, which is higher than most of the countries in the region.
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