Tuesday 31 July 2018

QFC witnesses 69% jump in new firms in first half of 2018

QFC witnesses 69% jump in new firms in first half of 2018:

Qatar Financial Centre (QFC), one of the world’s fastest-growing onshore business and financial centres, has witnessed a 69% year-on-year jump in new firms registered under it during the first half (H1) of this year.

The total number of firms on the QFC platform was recorded as 532 at the end of H1 ended June 30, 2018. The majority of the new firms joining the QFC platform have come from Europe, India and Pakistan.

There have also been a number of firms joining from the US and Middle East and North Africa regions, a QFC spokesman said.

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