QFCA New Business Inflows Increase by 41% in H1 2017

6 Feb 2017

Doha, Qatar

The Qatar Financial Centre (QFC), one of the world's leading and fastest growing onshore business and financial centres, highlighted the vast investment opportunities in Qatar to Bangladeshi investors at the 'Made in Bangladesh 2020' trade and investment exhibition.

 

The 3-day event organised by Bangladesh Forum Qatar and the Embassy of Bangladesh in Qatar under the patronage of Export Promotion Bureau of Bangladesh, Ministry of Commerce of Bangladesh and Qatar Chamber, aimed to boost economic diplomacy between Bangladesh and Qatar by tapping into sustainable trade and investment potentials between the two countries to create new economic alliances. The event, which included B2B meetings, seminars and networking sessions between Bangladeshi investors and their Qatari counterparts, saw Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC deliver an opening keynote speech and Sheikha Alanoud bint Hamad Al-Thani, Managing Director of Business Development, QFC give a presentation on the numerous investment opportunities in Qatar for Bangladeshi ICT companies.

 

Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC Authority said:

Qatar and the UK have been long known for their invaluable strategic business partnership, which has witnessed significant business milestones and mutual economic benefits that further strengthened the ties over the years. We are proud to be part of this partnership and to support UK firms in expanding their operations in Qatar. Our unique business ecosystem hosts more than 100 UK firms, operating under the QFC platform.

Yousuf Al Jaida, CEO of the QFC Authority

Al-Jaida added: "As an integral part of Qatar's strategic initiative to build the Qatari economy, we are pleased to support this event and share how the QFC can facilitate the growth of foreign investments in Qatar and support their expansion in the region."

 

During the event's opening ceremony, Al-Jaida highlighted the strategic role of the QFC in developing and diversifying the Qatar economy. He underscored how the QFC's new strategy, which includes a renewed focus on the media, digital, sports and financial services sectors, and in a new economic corridor which include Kuwait, Oman, Turkey, Pakistan and India, is attracting more foreign direct investment and positioning Qatar as the most promising hub for firms to set-up business and operate in the region.

 

Sheikha Alanoud bint Hamad Al-Thani, Managing Director of Business Development, QFC Authority discussed the numerous investment opportunities in Qatar for Bangladeshi ICT companies. She emphasised how Qatar's already burgeoning ICT market that is estimated to reach US$4.4bn by 2021, as well as Qatar's strategic move toward building a knowledge-based economy, makes the Qatari market an ideal investment destination for ICT businesses.

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