Qatar positions its financial industry in the Gulf region
The Gulf state of Qatar has announced a strategic review of its financial services industry, with the intention to concentrate from this year on asset management, re-insurance and captive insurance. The Qatar Financial Centre (QFC) Authority said the decision will ensure the industry retains a sustainable and "pre-eminent" position in the region. It has also undertaken internal reorganisation, streamlining its internal structure into four core functions, namely Strategic Development, Legal Environment, Finance and Tax and QFC Administration. Created in 2005, the QFC Authority is the ...
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