Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, and Qatar Museums have signed a Memorandum of Understanding (MoU) to establish cooperation in further developing and promoting ‘M7,’ a new innovation and startup hub located in Msheireb Downtown Doha.

Managed by Qatar Museums, M7 is an initiative dedicated to empowering designers to explore, collaborate, and grow into successful entrepreneurs by providing the necessary tools and expertise to enable them to take their ideas from concept to market. M7 houses an incubator, and co-working and learning space with experts offering training and workshops for new and emerging creative entrepreneurs.

The MoU was signed by Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC, and Ahmad M. Al-Namla, Chief Executive Officer, Qatar Museums. Under the agreement, QFC will become a key strategic partner in promoting the M7 initiative through the provision of services that fall under its statutory mandate. The agreement enables QFC to license companies referred by M7, accommodating them in a QFC-designated premise to benefit from its wide range of offerings.