The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Qatar looks for gaps and tries to fill them

The state has been welcoming to western financial institutions reconsidering their Gulf domiciles. But the structure of investment style and regulation in the emirate is a limiting factor on foreign players for now.

When the Arab Spring swept across the region last year, the financial markets’ sense of the region’s safe havens was challenged. Bahrain, which for decades had positioned itself as the hub state of the Gulf, the safe and familiar conduit through which to serve Saudi Arabia and Kuwait, was suddenly in the headlines for unfamiliar and unwelcome reasons.

So attention turned instead to the other states with the infrastructure and regulation to court international business: the Dubai International Financial Centre and, closer to Bahrain, Qatar. Qatar’s population is so small and so rich, without the Sunni/Shiite mix that flared into conflict in Bahrain, that there is surely nowhere in the Middle East less likely to face dissent or unrest. In the early days there were some clear indications that Qatar was gaining a few advantages from what was happening in Manama. Fund Forum, the main asset management conference in the Middle East and a long-standing fixture on the Bahrain business calendar, swiftly shifted its event to Doha – and it has stayed there this year.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree