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CEO FOREWORD

Dear Colleagues,

October was marked by key developments that reinforced our commitment to driving economic diversification and innovation. We registered 60 new firms, contributing to Qatar's expanding economy. We also forged a new partnership with Qatar Manpower Solutions Co. (Jusour) through a Memorandum of Understanding aimed at empowering entrepreneurs and enriching Qatar’s talent landscape. This collaboration holds great promise for creating new opportunities, improving skills, and driving productivity across sectors.

Additionally, this month, we officially kick-started activities within the Digital Assets Lab by hosting a virtual event to introduce all participants. The event offered exclusive insight into the Lab’s objectives and its role in advancing digital asset technologies, with participating innovators showcasing their cutting-edge solutions and demonstrating how they aim to transform financial services and tokenisation.

Our engagement with the local business community continued through our participation in the North Oil Nationalisation Event and Qatar Real Estate Forum. At these events, we had the opportunity to share insights on the growing role of young Qataris in shaping the future of our economy, as well as the potential of tokenisation to revolutionise Qatar's real estate sector by increasing investment accessibility, liquidity and market efficiency, enabling a broader range of investors to participate and enhancing overall market transparency.

I look forward to continuing to build on these foundations to support Qatar’s future growth.

Sincerely,

Yousuf Mohamed Al-Jaida

Chief Executive Officer, Qatar Financial Centre

We are proud to welcome 51 new firms to the QFC platform in September 2024
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QFC News Highlights

QFC’s digital assets position Qatar as a global leader in digital economies

PMI: Strengthening outlook for non-energy economy drives employment growth to series record high in September

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Qatar an appealing global business hub for investors

GCC sovereign wealth funds lead global dealmaking with $55bn in transactions

The role of technology in transforming GCC wealth management

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World Bank

The World Bank has lowered its growth forecast in the Middle East and North Africa (MENA) to 2.2% this year from 2.4% in its June forecast because of uncertainties heightened by the conflict in the region.
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S&P Global Ratings Logo

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