Qatar Financial Centre Authority (QFCA), the legal and tax arm of the Qatar Financial Centre (QFC), has signed a Memorandum of Understanding (MoU) with Al Jazeera Media Institute to upskill QFC executives and employees through specialized training programs.
QFC is a leading onshore financial and business center in the region. It provides an excellent platform for firms to do business in Qatar and the region. The QFC offers its own legal, regulatory, tax, and business environment, which allows up to 100 percent foreign ownership, 100 percent repatriation of profits, and charges a competitive rate of 10 percent corporate tax on locally sourced profits.
In addition to training, the MoU establishes a long-term partnership between the two parties, enabling cooperation in content production, advertising, documentary creation, media consultations, and so on.
Yousuf Abdulla Fakhroo, Chief Marketing and Corporate Communications Officer of QFC, emphasized the significance of the MoU, stating that, “This partnership with Al Jazeera Media Institute underscores the QFC’s commitment to the professional growth of our team. This collaboration aims to empower QFC staff in their career development by enhancing their media engagement and management skills.”
Eman Al-Amri, Director of Al Jazeera Media Institute, stressed the Institute’s commitment to enhancing strategic cooperation with major Qatari institutions to develop professional competencies.
Al-Amri expressed her satisfaction with the MoU signed with QFC, saying that, “Signing of this MoU is a significant step forward to achieving our mission of empowering media professionals and developing the media industry in Qatar and the region. Through this cooperation, Al Jazeera Media Institute will provide high-quality and efficient media training to QFC personnel.”
