QFC Engages with High-Level Korean Officials at Qatar-Korea Business Forum

14 Oct 2019

Doha, Qatar

Under the patronage of the Ministry of Commerce and Industry, The Qatar Financial Centre (QFC), one of the world's leading and fastest growing onshore business and financial centres, hosted the second annual Qatar Business Awards following the success of last year's inaugural edition. 


The event brought together Mr. Yousuf Mohamed Al-Jaida, Chief Executive Officer of the Qatar Financial Centre and Mr. Hamad bin Mohammed Al Abdan, Director of the Business Development and Investment Promotion Department at the Ministry of Commerce and Industry, along with a number of officials and senior executives from major Qatar-based companies.


The 2019 Qatar Business Awards was open to organisations that uphold a commitment to providing exceptional business services and innovation to their customers, partners, suppliers, as well as employees. This year's winners include Al Rayan Investment for best performing company of the year, Apparel Qatar for best employer of the year, CFA Society Doha for best non-profit of the year, Qatar SportsTech for most innovative company of the year, EPROJECTS for new business of the year, K&L Gates for best law firm of the year, Clyde & Co for corporate social responsibility programme of the year, PwC for best local partner of the year, Allianz Care for best customer service platform of the year, and Alfardan Group for the special recognition award.


Raed Al-Emadi, Chief Commercial Officer, QFC Authority

Qatar and Korea share extensive bilateral economic relations that continue to grow year-on-year. Qatar is currently not only the top LNG supplier to South Korea, but trade volume between our two nations increased by an impressive 44% to reach USD $16.8 billion in 2018. The forum works to highlight the many ways in which cooperation can be further enhanced between Qatar and Korea, and I am confident that we will witness many mutually beneficial engagements as a result. These will build on the extensive agreements and partnerships that were inked between Qatar and South Korea earlier this year in a variety of industries including technology, communications, and agriculture.

Ms. Salam Al Shawa, Senior Vice President Marketing and Corporate Communications, Qatar Airways 

"Qatar Airways is proud to partner with the Qatar Financial Centre and be part of this inspirational evening where the Qatar business community comes together to celebrate its exceptional achievements. We congratulate all winners at the 2019 Qatar Business Awards and are delighted to support innovation and local talent in Qatar."


Mr. Joseph Abraham, Group Chief Executive Officer, Commercial Bank

"We are happy to sponsor the Qatar Business Awards as part of our commitment to supporting the QFC and the State of Qatar in developing a global and diversified economy that is attractive to foreign companies looking to use Qatar as their regional base. We thank QFC for recognising QFC companies' achievements through these awards."


Mr. Lin Shengiang, President of Bank of China QFC Branch, 

"As a new joiner in Qatar market, Bank of China Qatar (BoCQ) has achieved enormous achievements under the support of QFC. BoCQ is honored to be a sponsor of QBA this year and we are looking forward to having more Chinese fellow companies participate in QBA."

The QFC also hosted 'QBART' on the sidelines of the business awards, an exclusive art exhibition designed to showcase inspirational work by local artists. QBART, a QFC corporate social responsibility (CSR) initiative, offered artists across Qatar a platform to both show their work and engage with business communities. 

Qatar Airways, Commercial Bank of Qatar, Bank of China, Dentons & Co, Servcorp, Al Tamimi & Company International, and DWF LLP participated as sponsors of this year's Qatar Business Awards.


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