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.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

The Qatari financial services sector

While the build-up of a portfolio of diversified assets overseas is one key pillar of the government’s economic strategy, another is a commitment to a broad range of service-based industries domestically.

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 is the Qatar Financial Centre Authority, which is responsible for "driving the commercial strategy and for developing relationships with the global financial community and other key institutions both within and outside Qatar. It has as its primary role to establish, develop and promote the QFC as a leading location for international finance and business designed to attract international banking, financial services, insurance businesses, corporate head office functions, as well as other business."

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