QFC outlines new data protection regulations

QFC outlines new data protection regulations

The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, hosted a roundtable to provide an overview of the new data protection regulations and facilitate a structured discussion around key issues and challenges faced by firms.

Qatar PMI hits record high in September: QFC

Qatar PMI hits record high in September: QFC

Doha witnessed a "record" improvement in operating conditions in the non-energy economy this September with output, new orders and purchasing activity rising at the second-fastest rates on record, according to the Qatar Financial Centre (QFC).

QFC-based corporate banks' exposure to local market remains largest segment in 2020

QFC-based corporate banks' exposure to local market remains largest segment in 2020

The Qatar Financial Centre (QFC)-domiciled corporate banks' exposure to the local market remained the largest segment at 54% of the total during 2020; indicating the significant contribution of the centre to the domestic economy.

QFC, Rwanda Finance sign pact to support businesses in Rwanda, Qatar

QFC, Rwanda Finance sign pact to support businesses in Rwanda, Qatar

The Qatar Financial Centre, a leading onshore financial and business centre in the region, has signed a memorandum of understanding (MoU) with Rwanda Finance (RFL) to facilitate initiatives that will promote the international development of both the QFC and Kigali International Financial Centre

QFCRA proposes new rules to update professional investor fund regime

QFCRA proposes new rules to update professional investor fund regime

The Qatar Financial Centre Regulatory Authority (QFCRA) has released a Consultation Paper that proposes a comprehensive updating and broadening of the regulatory framework for professional investor funds in the Qatar Financial Centre (QFC).

Qatar International Court confirms status as 'opt-in court of arbitration'

Qatar International Court confirms status as 'opt-in court of arbitration'

Strengthening parties’ confidence in selecting the Qatar International Court and Dispute Resolution Centre (QICDRC) as the competent court of arbitration, its First Instance Circuit has issued a Note of its Ruling in the case of C v D

WEF names Sheikha Alanoud as Young Global Leader

WEF names Sheikha Alanoud as Young Global Leader

Sheikha Alanoud bint Hamad al-Thani, managing director of Business Development at Qatar Financial Centre (QFC) Authority, has been selected to join the World Economic Forum’s Young Global Leaders (YGL) for the class of 2021.

McNair strengthens arbitration team

McNair strengthens arbitration team

The Qatar Financial Centre (QFC) based McNair Chambers, which finds Doha’s growing stature as the hub for arbitration, has strengthened its international arbitration team by inducting eminent personalities in the legal jurisprudence from across the globe.

Qatar e-commerce sales expected to reach over $3.2bn by 2022

Qatar e-commerce sales expected to reach over $3.2bn by 2022

E-commerce sales in Doha are expected to reach more than $3.2bn by 2022 as many retailers and consumers shift to online platforms, allowing substantial growth of digital payment gateways and contactless payments

Official underscores QFC’s role in growth of Qatar’s fintech industry

Official underscores QFC’s role in growth of Qatar’s fintech industry

The Qatar Financial Centre (QFC) has been playing a significant role in the development of Qatar’s thriving financial technology (fintech) ecosystem by providing local and international firms with a wide range of benefits.

QFC posts 63.7% jump in number of new firms in 2020

QFC posts 63.7% jump in number of new firms in 2020

The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has witnessed a "significant" 63.7% year-on-year increase in the number of new firms licensed on its platform in 2020.

QFC contributes 1% to Qatar’s total gross domestic product

QFC contributes 1% to Qatar’s total gross domestic product

The Qatar Financial Centre (QFC) has contributed 1% to Qatar’s total gross domestic product (GDP), implying that 1% of Qatar’s total economic activity was generated by the QFC’s activities.