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QFC Reaffirms Commitment to Developing Sports Business Industry

04 Feb 2019

QFC Reaffirms Commitment to Developing Sports Business Industry

Business

The Qatar Financial Centre (QFC), one of the world's leading and fastest growing onshore business and financial centres, celebrated Qatar's historic victory at the Asian Cup, and with it, the growing importance of Qatar's sports ecosystem.

The QFC recently welcomed the FIFA World Cup Qatar 2022 LLC to its platform. The joint venture will be responsible for key aspects of the 2022 edition, such as planning and delivery of operations and services for the tournament.

The QFC continues to make progress towards developing the sports sector and becoming an international hub for sports services, and in 2018 signed an MoU with Aspire Zone Foundation to establish the Qatar Sports Business District. The MoU aims to attract large sports-related

multinationals, promote the setup of sustainable businesses and start-ups and facilitate the commercialisation of sports-related products and services in Qatar.