The Qatar Financial Centre (QFC), one of the world's leading and fastest growing onshore business and financial centres, has been recognised by the International Finance Magazine (IFM) as "Best Private Sector Developer" for their efforts to diversify Qatar's economy. 

The QFC Authority manages and maintains the QFC legal and tax environment, and licenses firms to conduct business in or from the QFC. The Authority also develops relationships with the global financial community and other key institutions, both within and outside Qatar, helping to develop the country's private sector.

Commenting on the recognition Yousuf Mohamed Al-Jaida, QFC Authority Chief Executive Officer, stated: