DOHA, 18 May 2009
Qatar Financial Centre, Amwal and Qatari Businessmen Association held its second networking event this year in association with the International Investment Forum.
"We are pleased to see that the networking event has once again drawn together pioneers within the financial industry and leading members of the business community. What has made the success of this event distinctive is the presence of the attendees of the Qatar Global Investment Forum. They have inevitably contributed to the networking event's role in the exchange of ideas, points of views, and opinions, as well as helping to foster a stimulating environment for active discussions regarding the latest topics and trends, especially within the regional and global economic arena. Looking ahead, we recognize this event's significance as an integral link, and its contribution towards, the promotion of the economic development of Qatar," said Sheikha Hanadi Nasser bin Khaled Al Thani, Amwal Founder and Chairperson.
Stuart Pearce, CEO and Director General of the Qatar Financial Centre Authority said, "The networking event in some ways performs the same function as the QFC. To see today all our honored guests joining us in our second event in this year is remarkable. As the event coincides with The Investment Forum, organized by Institutional Investor, it has helped us to create critical mass for an informed debate and a platform for sharing information on opportunity or development. This community is contributing in a very significant way to the future of Qatar."
The event took place at the Four Season’s Hotel and delegate attendance from both the financial industry and conference was very high.
Notes to Editors
Amwal
Founded in 1998, Amwal is the first investment firm to be licensed by the Central Bank of Qatar operating in three lines of business; investment banking, asset management and financial planning. The firm has launched the first investment portfolio and the first mutual fund investing in the Doha Securities Market and under-wrote the first non-Qatari Initial Public Offering in the country. Amwal has one of the largest investment teams in Qatar, employing more than 50 talented professionals. The firm benefits from a strong shareholder base comprising of Abraaj Capital and SHUAA Capital from the UAE, Qatar Foundation, Qatar National Bank and Qatar Navigation.
Qatar Financial Centre
The Qatar Financial Centre (QFC) is a financial and business centre established by the Government of Qatar and located in Doha. It has been designed to attract international financial services institutions and major multi-national corporations and to encourage participation in the growing market for financial services in Qatar and elsewhere in the region. The QFC operates to international standards and provides a first class legal and business infrastructure for those licensed to operate by the Centre. The QFC was created by Qatar Law No. (7) and has been open for business since 1 May 2005.
QFC Regulatory Authority
The QFC Regulatory Authority is an independent regulatory body established by Article 8 of the QFC Law. It regulates firms that conduct financial services in or from the QFC. It has a broad range of regulatory powers to authorize, supervise and, when necessary, discipline firms and individuals. The QFC Regulatory Authority regulates firms using principle-based legislation of international standard, modeled closely on that used in London and other major financial centers. The Regulatory Authority is currently receiving applications and granting authorisations.
QFC Authority
The QFC Authority is the commercial, administrative and legislative body responsible for driving the commercial strategy of the QFC and for developing relationships with the global corporate community and other key institutions both within and outside of Qatar.
Qatari Businessmen Association
Under the auspices and progressive guidance of H.H. the Emir Sheikh Hamad Bin Khalifa Al Thani, the Qatari Businessmen Association (QBA) was founded by the ministerial decree no. 14 for the year 2002 as a non-governmental, non-profitable organization. The founding members and all other members of QBA share the same vision of H.H. the Emir in creating a diversified, sustainable and resilient economy. Knowing that the private sector is a main pillar for a robust economy our association serves as a strong catalyst that offers a solid foundation for the economic development of Qatar’s private sector and provides a forum for idea exchange. Together, we aim to be a major vehicle, consensus builder and advocate for a thriving economic climate in the State of Qatar.
For more information please contact:
Layla Salem
Senior Media Executive
Qatar Financial Centre Authority
Tel +974 496 7793 Mob +974 583 0054 e-mail l.salem@qfc.com.qa
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