Qatar Financial Centre (QFC), Qatar Chamber and other organisations in Qatar will continue to invest in the development of Qatari economy, said a senior QFC official in a networking event. QFC and the Qatar Chamber of Commerce successfully co-hosted the QFC 15th Networking Event for Business and Financial Professionals recently.
“I would like to take this opportunity to thank all of you in attendance today for your role in Qatar’s advancement. As business and financial professionals you have played an integral role in diversifying the economy and positioning Qatar as a regional and global business and financial hub,” said Yousuf Mohamed Al Jaida (pictured), CEO, QFC Authority in his speech. “I would like to emphasise my confidence that in the years to come, the QFC and all your esteemed organisations will continue to invest in the enhancement and development of the Qatari economy,” he added.
The event was held in partnership with all QFC entities, including the Qatar Finance and Business Academy, the Qatar Financial Centre Regulatory Authority and the Qatar International Court-and Dispute Resolution Centre.
It was sponsored by Qatar Airways, Citibank, Doha Bank Assurance & BlomBank Qatar, and supported by Thomson Reuters. The event took place at the St Regis Hotel in Doha and brought together around 300 experts from Qatar and the region's business and financial community to network and explore mutual commercial interests.
The networking event offers a platform for the nation’s thriving business community to discuss key issues and foster important business relationships.
The QFC offers its own legal, regulatory, tax and business environment, which allows 100 percent foreign ownership, 100 percent repatriation of profits, and charges a competitive rate of 10 percent corporate tax on locally sourced profits.
Qatar Chamber’s Director of Public Relations Ali Bu Sharbak pointed out that the Chamber has devoted its efforts to organise, protect, promote and represent the Qatari private sector interests in front of government bodies and, regional and international institutions.
He noted that the Chamber placed a great priority to building effective communication networks and establishing an advanced data base for developing and enhancing business environment in Qatar. “We are committed to providing a high quality distinguished services for our members that conform to their hopes and aspirations,” he added.
Ala Qumsieh, Citibank Head of Corporate & Investment Banking for Qatar, Bahrain and Saudi Arabia said “We are pleased to have been a part of one of the most renowned networking events held in Doha which has earned its reputation as a leading event for business leaders from across the country. It was of added value to interact with around 300 business leaders to exchange ideas and benefit from their experience in an organised and informative event. We look forward to continue contribution in future events.”
Othman Zarzour, Deputy Executive Director for Competition Venues at the Supreme Committee for Delivery & Legacy stated “We are proud to participate in this Networking Event and work together to support Qatar’s development. There are various legacy assets including human and economic legacy within the stadium and precinct plans that will leave a lasting legacy beyond the FIFA World Cup in the Middle East.”
The QFC Networking Event for Business and Financial Professionals builds on previous, similar occasions organised by the QFC as part of its continuous efforts to further enhance Qatar’s economic development.
