QFC Joins World Alliance of International Financial Centres
As an alliance, the WAIFC members will facilitate cross fertilisation among international financial centres, promote the importance of financial centres to local and international economies and focus on projects that advance sustainable economic development.
Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC
Becoming a member of the alliance is also a testament to the international global standards set by the QFC.
"As a new member, we look forward to joining other international financial centres in promoting sustainable economic growth by building investment infrastructures that encourage and grow entrepreneurial ventures, spreading financial literacy and leveraging innovations to advance financial inclusivity."
Arnaud de Bresson, Chairman, WAIFC
"Furthermore, Qatar has always been at the forefront of talent development – a topic that we just discussed in the last meeting of our FinTech Initiative, and which is of utmost importance in the rapidly changing financial sector. All our members are very much looking forward to working closely together with the QFC."
As part of WAIFC, the QFC will share its unique business model and expertise in maintaining a world-class legal, regulatory, tax and business infrastructure that stimulates the growth of local and foreign businesses. The QFC will also impart successful endeavours and initiatives in different financial sectors including Islamic Finance, Fintech, Asset Management, and Capital Markets.
Sarah Al-Dorani, Chief Marketing and Communications Officer, QFC
We are confident that our partnership with this alliance will facilitate greater cooperation and exchange of best practices with other leading international financial centres.