Company Insights Qatar Financial Centre (QFC) Banking & Finance Qatar Financial Centre (QFC) Overview The Qatar Financial Centre (QFC) is a business and financial centre that provides legal and regulatory services for local and international companies Established in March 2005, QFC promotes the Qatari government’s economic policy and aims to facilitate the country’s economic diversification and development plans by attracting investment by offering a favourable legal, regulatory, tax and business environment. The Qatar Financial Centre Regulatory Authority (QFCRA) serves as its financial regulator, while the Qatar International Court and Dispute Resolution Centre (QICDRC) provides a judicial system consisting of a civil and commercial court and a regulatory tribunal. QFC focuses on four focus sectors: digital, media, sports and financial services. It allows up to 100 percent foreign ownership, 100 percent repatriation of profits and charges 10 percent corporate tax on locally sourced profits. QFC reported a 230 percent year-on-year surge in new registrations in the first six months of 2024. It registered 505 new companies during the period, taking the total count to more than 2,200. In March 2025 QFC had more than 2,700 registered companies. Qatar Financial Centre (QFC) News Finance Qatar Financial Centre reports huge rise in registrations Qatar Financial Centre (QFC), an onshore business and financial centre, reported a 230 percent year-on-year surge in new registrations in the first six months of 2024. The financial centre registered 505 new companies during the period, taking the total count to more than 2,200, the state-run Qatar News Agency reported. NewsletterGet the Best of AGBI […] August 19, 2024 Economy Red Sea attacks dent Mena business activity The attacks on shipping in the Red Sea are depressing economies across the Middle East and North Africa, as supply chain disruption takes its toll on business activity. The latest economic monthly bulletins for the UAE, Saudi Arabia and Egypt all show a drop in operating activity for January. Houthi rebels in Yemen have been […] February 5, 2024 Economy Qatar’s non-oil sector up but real estate slows Business conditions for Qatar’s non-oil private sector continued to improve in July. However there was a lack of demand for real estate following previous growth in construction that was linked to the Fifa World Cup. Output, new orders, employment and purchasing all expanded, with Qatar’s latest Purchasing Managers’ Index (PMI) reaching 54.0 in July, up […] August 7, 2023 Economy World Cup boosts Qatar’s GDP growth to seven-year high A surge in economic activity in the last quarter of 2022 lifted Qatar’s annual GDP growth to 4.8 percent – a level of growth unseen since the middle of the last decade, according to new data from S&P Global Market Intelligence. The Gulf state’s real GDP grew by a robust 8 percent year on year […] April 6, 2023 Economy Qatar World Cup fuels spike in private sector optimism Optimism among non-oil private sector companies in Qatar has risen to a 29-month high following the impact of the Fifa World Cup on the country’s economy. Post-tournament business opportunities and an expected permanent boost to tourism were cited by companies polled in the latest purchasing managers’ index (PMI) survey data from Qatar Financial Centre. The […] January 4, 2023 Banking & Finance Qatar Financial Centre manages assets worth $28bn Assets managed by the Qatar Financial Centre (QFC) have reached $28.3 billion, with over 1,500 local and global enterprises operating in the financial and non-financial sectors, the centre’s CEO Yousuf Mohamed Al Jaida told Qatar News Agency. In 2018, the centre announced its objectives for growth by 2022, including registering more than 1,000 companies on […] January 2, 2023 World Cup 2022 Qatar’s non-oil sector slows despite World Cup 2022 Qatar’s headline Purchasing Managers’ Index (PMI) in October fell below the neutral 50 mark, bringing an end to 27 consecutive months of growth, as the country prepares to host the Fifa World Cup later this month. The latest PMI survey data from Qatar Financial Centre (QFC) shows that the index fell to 48.4 in October […] November 10, 2022 Posts navigation
Finance Qatar Financial Centre reports huge rise in registrations Qatar Financial Centre (QFC), an onshore business and financial centre, reported a 230 percent year-on-year surge in new registrations in the first six months of 2024. The financial centre registered 505 new companies during the period, taking the total count to more than 2,200, the state-run Qatar News Agency reported. NewsletterGet the Best of AGBI […] August 19, 2024
Economy Red Sea attacks dent Mena business activity The attacks on shipping in the Red Sea are depressing economies across the Middle East and North Africa, as supply chain disruption takes its toll on business activity. The latest economic monthly bulletins for the UAE, Saudi Arabia and Egypt all show a drop in operating activity for January. Houthi rebels in Yemen have been […] February 5, 2024
Economy Qatar’s non-oil sector up but real estate slows Business conditions for Qatar’s non-oil private sector continued to improve in July. However there was a lack of demand for real estate following previous growth in construction that was linked to the Fifa World Cup. Output, new orders, employment and purchasing all expanded, with Qatar’s latest Purchasing Managers’ Index (PMI) reaching 54.0 in July, up […] August 7, 2023
Economy World Cup boosts Qatar’s GDP growth to seven-year high A surge in economic activity in the last quarter of 2022 lifted Qatar’s annual GDP growth to 4.8 percent – a level of growth unseen since the middle of the last decade, according to new data from S&P Global Market Intelligence. The Gulf state’s real GDP grew by a robust 8 percent year on year […] April 6, 2023
Economy Qatar World Cup fuels spike in private sector optimism Optimism among non-oil private sector companies in Qatar has risen to a 29-month high following the impact of the Fifa World Cup on the country’s economy. Post-tournament business opportunities and an expected permanent boost to tourism were cited by companies polled in the latest purchasing managers’ index (PMI) survey data from Qatar Financial Centre. The […] January 4, 2023
Banking & Finance Qatar Financial Centre manages assets worth $28bn Assets managed by the Qatar Financial Centre (QFC) have reached $28.3 billion, with over 1,500 local and global enterprises operating in the financial and non-financial sectors, the centre’s CEO Yousuf Mohamed Al Jaida told Qatar News Agency. In 2018, the centre announced its objectives for growth by 2022, including registering more than 1,000 companies on […] January 2, 2023
World Cup 2022 Qatar’s non-oil sector slows despite World Cup 2022 Qatar’s headline Purchasing Managers’ Index (PMI) in October fell below the neutral 50 mark, bringing an end to 27 consecutive months of growth, as the country prepares to host the Fifa World Cup later this month. The latest PMI survey data from Qatar Financial Centre (QFC) shows that the index fell to 48.4 in October […] November 10, 2022
