Qatar's Financial Hub to Add Sports, Media to Compete With Dubai
- QFC wants to link with Malaysia and Turkey on Islamic finance
- Qatar sees chance to take on rivals amid Saudi-led embargo
Doha.
Photographer: Karim Jafaar/AFP via Getty Images
This article is for subscribers only.
Qatar Financial Centre wants to attract companies other than just banks and asset managers to position itself as a multi-faceted business hub with better access than the country’s rival Dubai to markets including Turkey, Pakistan and Kuwait.
The new strategy is focused on building out four "clusters" for activities ranging from sports to media, Yousuf Al-Jaida, chief executive officer of the Qatar Financial Centre Authority, said in Doha.