Qatar Financial Centre Chief Executive Officer Yousuf Mohamed Al Jaida has said that QFC’s contribution to Qatar’s overall GDP has risen by 2 percent. In an interview with Qatar TV on "Nabd Al Eqtisad” show, Al Jaida noted that the present global economic conditions continue to affect companies’ expansion plans. He pointed to the need to call for more concentrated and unified effort to take advantage of the wide popularity and good reputation that Qatar enjoys after hosting the 2022 FIFA World Cup and promote Qatar as a world-class hub for direct foreign investments.
Al Jaida also unveiled the upcoming new strategy of QFC,a seven-year strategy 2023-2030 that will concentrate on sectors of focus for Qatar through close collaboration between QFC, QCB, QFMA, and other stakeholders in the financial sector. The strategy will seek to develop local capital markets, introduce new financial products, and develope modern digital platform in line with best global digital standards followed in the financial sector. page 8