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Tuesday, 20 June 2017

Qatar Financial Hub Looks Beyond Mideast to Grow Amid Standoff - Bloomberg

Qatar Financial Hub Looks Beyond Mideast to Grow Amid Standoff - Bloomberg:

"Qatar’s financial hub is looking beyond the Middle East and North Africa as the Saudi-led campaign to isolate the gas-rich Arab state threatens to dent regional business. "Our focus has shifted entirely toward markets other than Middle East and North Africa,” Yousuf Al Jaida, chief executive officer of the Qatar Financial Center, told reporters in Doha on Monday. “Current regional developments will not deter us from our growth plans going forward." The Qatar Financial Center is sticking to a target to attract 1,000 firms by 2022 even after canceling an event in Dubai later this year to showcase opportunities for regional companies, Al Jaida said. The center was started by Qatar’s government to foster investment in the Gulf emirate’s financial system."



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