CEO Foreword
Dear Colleagues,
QFC has entered the new year from a position of strength, following our most successful year to date. In 2024, we achieved a remarkable 156% increase in registrations compared to the previous year, welcoming 836 new firms. Beyond this growth in numbers, we also made significant progress in advancing our targets for key industries. In January, we built on this growth by welcoming 36 firms.
Early in 2025, we extended our reach beyond Qatar’s borders, showcasing our value proposition and the benefits of investing in Qatar to leading businesses at the World Economic Forum Annual Meeting in Davos, Switzerland. We hosted a networking breakfast for key business leaders and took part in panel discussions exploring various topics, such as Qatar’s innovation ecosystem and the impact of emerging technologies on industries, sustainability, and economic growth.
Locally, our first significant engagement with the business community this year was a webinar introducing the launch of the Financial Sectoral Skills Study, an initiative we are leading in collaboration with the Ministry of Labour, the International Labour Organization (ILO), and Hamad Bin Khalifa University. This study aims to assess current and future skills gaps in the financial sector, aligning with the Third National Development Strategy (NDS3) to build a future-ready workforce. Following the webinar, we conducted a workshop to support a survey as part of the study.
We have started 2025 on the right footing, and as we move forward, we remain committed to building on our successes, reaching new milestones, and seizing the opportunities that lie ahead.
Sincerely,
In its latest report "The case for sustainable finance" series, PWC explores the opportunities of establishing a common framework for the region. As the world moves toward inclusive and resilient financial systems, the GCC can set a powerful example through collective action and a unified approach to sustainability.
PwC
The World Economic Outlook Update (January 2025) by the IMF highlights global economic growth stagnating at 3.3%, with divergent regional trends. The U.S. economy remains strong, while Europe and China slow down. Inflation is declining, but policy uncertainty and geopolitical risks pose challenges. Central banks are cautiously adjusting policies, and trade tensions continue to impact global markets.
IMF
In its weekly commentary, Qatar National Bank (QNB) has linked changes in US Treasury bond yields to the economic performance of the United States, suggesting that these bonds provide insights into market sentiment regarding the overall health of the US economy and its future trajectory.
QNB
Hi, I’m Faisal. How can I support you today?
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