
Through the Qatari government's careful investment management of over $130 billion over the next few years, supported by a sound investment strategy and the rapid economic development driven by oil and gas, Qatar offers international finance companies numerous business opportunities for provision of financial services.
Development of the financial market and financial services sector will be driven by the QFC, which provides financial institutions with a world class financial services platform situated in an economy founded on the development of its oil and gas resources. It has been created with a long term perspective to support the economic development of Qatar and the wider region, develop business opportunities in local and regional markets, and strengthen the links between the energy based economies and global financial markets.
The Qatari financial market and financial services sector will continue to develop rapidly over the next few years, driven by large-scale investment, and this will give rise to numerous business opportunities for international finance companies. Apart from Qatar itself, which needs to raise the capacity of its financial services sector to support more than $130 billion worth of projects, the QFC also provides a conduit for financial services providers to access nearly $1 trillion of investment to support the economic development in the GCC as a whole over the next decade.
The benefits provided to licensed companies operating in the market through the QFC will need to reflect and respond to their growing appetite for business opportunities in specific sectors of the Qatari market, and further afield. The potential for new partnerships with Qatari companies, and with QFC based companies, will be fully explored in order to support economic development. Furthermore, the value proposition of the QFC, not only in terms of the expertise it can offer to its partners, but the additional value it can bring to them through knowledge and information, research and facilitation, will be vital.
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