QFC Reaffirms Commitment to Qatarisation

15 Mar 2019

The Qatar Financial Centre (QFC), one of the world's leading and fastest growing onshore business and financial centres, has reconfirmed its commitment to driving Qatarisation through two new high-level appointments.

The appointments come in light of the QFC's continued employment strategy, which is geared towards creating, developing, and retaining a talented national workforce. Over the last three years, the number of Qatari employees based at the QFC has reached 34, which constitutes 37% of the centre's employees, a testament to the QFC's dedication to its mandate.

Abdulla Mohammed Al Hajri joins the QFC as the new Procurement and Facilities Maintenance Manager, while Hamad Al-Mansouri has been appointed the Human Capital Manager of the QFC. In his new role, Al Hajri will direct and monitor the QFC's supply of services and products via cost effective deals with vendors, as well as other responsibilities. Al-Mansouri will support the development and implementation of the QFC's Human Resources including through effective strategies, policies, procedures, and human resources information systems.

Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC Authority

"We are proud to welcome the new talent to our team and are confident that their wealth of skills and experience will contribute positively to the QFC. We are committed to being an employer of choice and our national professional talent sits at the core of our business success."

The QFC is an onshore jurisdiction that allows registered companies to enjoy competitive benefits, such as working within a legal environment based on English common law, the right to trade in any currency, up to 100% foreign ownership, 100% repatriation of profits, 10% corporate tax on locally sourced profits, and an extensive double taxation avoidance agreement network with 70+ countries.


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