NEW FIRMS REGISTERED UNDER QFC JUMP BY 69% IN 2018

Qatar Financial Centre (QFC) on Tuesday announced a 69% increase in new firms registered under the QFC during (January 1 to June 30, 2018), compared to in 2017, thus amounting to 532 firms.

The newly registered firms come from a wide variety of sectors, including information technology, advisory and consulting, advertising and marketing, legal services and investment clubs.

Apart from Qatari firms, the majority of new firms joining the QFC platform have come from Europe, India and Pakistan. The QFC also witnessed several firms joining from the US and MENA regions under its platform.

QFC Authority CEO, Yousuf Mohammed, al-Jaida said, “The QFC has broken another record in terms of firms joining our platform. We continue to attract a wide range of new companies from Qatar and beyond, all that recognize the attractiveness of the QFC platform and the many opportunities available within the Qatari market.

“The QFC is a hub for regional firms and it is also positive to see the vast increase in interest we are receiving from international firms, he added.

Source: Government of Qatar