Real estate in Qatar - A growth story: The economic background
A burgeoning real estate sector
Spearheading Qatar’s bold push into this industry is the Qatar Financial Centre, which was set up at the start of May 2005 and is housed in the 20-floor, 14,140 square metre QFC Tower in central Doha. The QFC has the uncompromising objective of establishing itself as "the financial centre of choice for the Middle East", which is an ambitious target, given the growth in recent years of the Dubai International Financial Centre and the continued expansion of Bahrain – which throughout the 1980s and the 1990s was the premier financial centre in the Middle East.
The QFC, however, believes that it is well positioned not just to compete effectively with these established centres but also to build its own credentials as a regional leader in financial services. The decisive force behind that objective...
