Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of India (ICAI) to create more opportunities for accountants, promote entrepreneurship, and facilitate the setup of Indian firms in Qatar through collaborative initiatives.

The MoU was recently signed by Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC, and CA Nihar N. Jambusaria, President, ICAI. The agreement will pave the way for closer collaboration between QFC and ICAI on mutually beneficial initiatives, including increasing opportunities for ICAI members in the areas of assurance and auditing, advisory, taxation, financial services, and other allied areas. Through this partnership, both organisations will extend support to Indian businesses looking to setup in Qatar and explore the available opportunities through joint roundtables, networking events, and other exchange programmes.