Qatar Financial Centre (QFC), a leading onshore financial and business center, has won the Outstanding CEO in Driving National Economic Growth and Best FDI Strategy and Development Initiatives awards at the Global Economic Awards 2024.
The Global Economic Awards honor organizations that foster a healthy work culture and drive economic growth in their regions. These awards highlight QFC’s commitment to supporting Qatar’s economic diversification and sustainable growth.
QFC witnessed significant growth in 2024, with more than 760 firms registering before the year-end, marking 130 percent increase compared to the number of firms joined in 2023. The QFC has established a diverse community of over 11,750 employees, enhancing Qatar’s economic landscape through skills development and workforce diversification.
Yousuf Mohamed Al Jaida CEO – QFC
“The QFC is dedicated to supporting Qatar’s economic development and diversification by providing a world-class legal, regulatory, and commercial environment that fosters business growth. We appreciate this recognition, which reflects the progress we are making towards achieving these goals.”
Furthermore, QFC introduced the Digital Assets Lab, which began with 29 participants, providing support for the development, testing, and commercialization of DLT-based digital solutions and services.
Complementing this initiative, QFC unveiled the Digital Assets Regulatory Framework, a comprehensive regime for creating and regulating digital assets, including processes related to tokenization, legal recognition of property rights in tokens and underlying assets, custody arrangements, and transfers and exchanges.
QFC remains committed to promoting a thriving business environment that contributes to Qatar’s economic transformation and attracts world-class enterprises. By facilitating innovation and growth, QFC highlights its dedication to elevating Qatar’s status as a global commercial hub.
