Dear Colleagues,

I’m pleased to share updates from the final two months of 2024, a period that can best be described as eventful for QFC. Notably, we welcomed 126 new firms during this time, bringing the total number of new registrations in 2024 to over 830.

In November, we had the honour of hosting the 20th Annual Conference of the Corporate Registers Forum, the first time this international event took place in Qatar. Over 200 participants from more than 50 organisations worldwide joined us, providing excellent feedback on both the sessions and social events we organised.

We also sponsored another edition of the International Conference on Islamic Finance, in partnership with Hamad Bin Khalifa University, reinforcing our commitment to promoting Islamic finance as a sustainable and equitable financing solution. Additionally, we hosted a gathering for Family Offices and Wealth Managers, exploring the evolving dynamics in wealth management, current industry challenges, and strategies for sustaining family enterprise growth.

On the partnership front, we signed two important MOUs: one with Casablanca Finance City Authority (CFCA) and another with Qatar Islamic Bank (QIB). The CFCA partnership strengthens our ties to a growing market and will foster economic development through joint initiatives. The QIB partnership opens new avenues for QFC-licensed firms to access enhanced corporate banking services, improving their banking experience.

Internally, we hosted orientation sessions on the QFC Digital Assets Framework 2024. I'm excited to share that collaborations are already taking shape in the QFC Digital Assets Lab, including a new MoU signed between one of our participants and a Lab partner to drive global blockchain adoption. This success aligns with the Lab’s goals, and we look forward to seeing more partnerships flourish.

We also marked Qatar National Day with various activities, offering a welcome break to spend quality time with colleagues outside of work.

Before the year closed, we were honoured to receive two awards at the Global Economic Awards 2024: Outstanding CEO in Driving National Economic Growth and Best FDI Strategy and Development Initiatives. These recognitions reflect our ongoing dedication to supporting Qatar’s economic development.

With a renewed strategy, QFC will continue to strengthen Qatar’s position as a leading hub for innovation, financial services, and wealth management.

As we look to the future, I extend my best wishes for a prosperous 2025 to you all!

Sincerely,