CEO Foreword
Dear Colleagues,
November has been a month of remarkable strides and enriching engagements for the QFC.
Firstly, we have welcomed 29 new companies into our vibrant community. Attracting new businesses is at the core of our mandate, and this accomplishment goes beyond mere numbers but is a testament to our commitment to economic diversification, job creation, and attracting top-tier talent to the local market.
In an effort to continually enhance our services, we inaugurated the Ministry of Labour's service office at the QFC. This is a crucial step forward in facilitating seamless transactions for our business community.
We hosted a distinguished delegation from Istanbul Medeniyet University Teknopark, an incubator and R&D centre playing a pivotal role in fostering innovation. This visit allowed us to showcase Qatar's vibrant digital ecosystem and explore exciting prospects for collaboration and growth in the future.
Our QFC TechTalk continued to engage our Tech stakeholders. This month’s session, themed "Effective Scaling Strategies for Start-ups", delved into the art of crafting persuasive pitches and mastering successful fundraising and scaling strategies, which are valuable insights for emerging businesses and SMEs.
We actively participated in noteworthy events both within Qatar and on the international stage. At the 9th edition of the entrepreneurship conference ROWAD, we had another opportunity to talk about our newly launched Digital Assets Lab and what it promises to bring forth in supporting and nurturing emerging talent and innovation in Qatar.
On the international front, our participation in Abu Dhabi Finance Week 2023, themed "Investing in the Transition Era," allowed us to engage with global leaders in the financial industry and explore opportunities and challenges stemming from economic, technological, and sustainability shifts shaping the global economic landscape.
As a member of the Qatari delegation, we attended the Web Summit Lisbon 2023, seizing the opportunity to immerse in influential discussions on leading tech developments and highlight the myriad of opportunities unfolding in Qatar’s burgeoning tech sector.
As part of our Corporate Social Responsibility, we actively participated in Education Above All's "Children Above All" event, which was dedicated to supporting the children of Gaza. QFC hosted a drawing workshop, reinforcing our commitment to making a positive impact beyond business.
Finally, we appointed a new legal manager, Moza Al-Naemi, who will surely add valuable expertise to our dedicated legal team.
Once more, I want to thank all of you for your dedication and contribution to these achievements. As we step into the coming months, let us continue to build on these successes.
Sincerely,
QFC Events
Qatar & Global Insights Hub
QFC News Highlights
Local Business News Highlights
Qatar signs pact with WEF to set up Fourth Industrial Revolution centre
Qatar signs pact with WEF to set up Fourth Industrial Revolution centreInvest Qatar study reports 20 per cent growth in Qatar’s property sector in 2015-2021
Invest Qatar study reports 20 per cent growth in Qatar’s property sector in 2015-2021Qatar Central Bank issues treasury bills worth USD137.36 million
Qatar Central Bank issues treasury bills worth USD137.36 millionQatar banking industry gets boost on the back of high gas prices: EY
Qatar banking industry gets boost on the back of high gas prices: EYQatar banks’ net external debt to continue decline in next 12-24 months: S&P
Qatar banks’ net external debt to continue decline in next 12-24 months: S&PQatar’s real GDP growth projected to be 2.4 per cent this year, 2.2 per cent in 2024: IMF
Qatar’s real GDP growth projected to be 2.4 per cent this year, 2.2 per cent in 2024: IMFQCB issues instructions for Loan Based Crowdfunding Regulation
QCB issues instructions for Loan Based Crowdfunding RegulationInternational Business News Highlights
Brookfield and Qatar invest GBP400 million in Canary Wharf Group
Brookfield and Qatar invest GBP400 million in Canary Wharf GroupWall Street banks and investment funds 'pessimistic' about economic growth
Wall Street banks and investment funds 'pessimistic' about economic growthMENA banking sector witnesses 30 per cent surge in net profits
MENA banking sector witnesses 30 per cent surge in net profitsMid-East wealth funds spur family offices to invest in Asia
Mid-East wealth funds spur family offices to invest in AsiaMarket Trends
Qatar is third most innovative Arab country and ranked 50th globally in this year's Global Innovation Index report.
Global Innovation Index
Despite the global economic slowdown, subdued oil prices and high inflation during the first half of this year, the Middle East continues to be an attractive hub for mergers and acquisitions.
PwC
Banks in the Gulf Cooperation Council are currently reaping the benefits of robust operating conditions, driven by factors such as high oil prices, contained inflation, and rising interest rates.
Fitch Ratings
Metaverse market in travel and tourism industry to grow by USD188.24 billion from 2021 to 2026.
Technavio