Friday 16 September 2011

Qatar benefits as companies look beyond developed world - The National

The number of new companies licensed with Qatar Financial Centre (QFC) has doubled this year as it benefits from the country's spectacular growth as well as the unrest affecting neighbouring Bahrain.

QFC was receiving growing interest from Asia as banks in the developed world take stock amid slowing global growth.

"There's been an increase in interest," said Akshay Randeva, the head of strategic development at the Qatar Financial Centre Authority. "If we look at the outlook for QFC, we have a positive pipeline."

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