2018 2020 2022 • 517 昀椀rms registered by the end of 2018. • US$ 2.77 billion total gross value added by QFC. • Exceeded the 2022 target of registering 1,000 昀椀rms, • Recognised by the International Swaps and • Unveiled #AccessQatar: QFC Webcast Series, achieving a total of 1,550. Derivatives Association (ISDA) as an e昀昀ective netting engaging existing and prospective clients, and wider • Launched the QFC Sustainable Sukuk and Bonds regime in July 2018. business community amidst COVID-19 pandemic and Framework - a 昀椀rst in the GCC region. • Assets Under Management reached US$ 11.4 billion. social distancing measures. • QFC Legal Team won ‘Legal Department of the Year • Launched the QFC Tech Talk Series, designed to 2022’ at the Qatar LexisNexis Business Law Forum. engage Qatar’s 昀椀ntech community. • Achieved and surpassed target of registering 1,000 Employees in the QFC registered US$ 1.89 昀椀rms by 2022. entities grew from 2,843 in 2017 to BILLION • Received the Silver Telly Award 2020 for ‘The Business Trip’ series - produced in partnership with Bloomberg Media Studios - pro昀椀ling Qatar as the world’s leading 10,125 by the end of 2022 of total gross value added by QFC investment destination. • Introduced a new policy statement on licensing new KEY international law 昀椀rms in Qatar. MILESTONES 2018-2023 2019 2021 2023 • QFC Legal team awarded ‘Legal Department • Amended Data Protection Regulations and • Assets Under Management reached US$ of the Year – Large Team’ at the fourth Rules to align with international standards. 21.1 billion. annual Qatar Business Law Forum and • Opened the Ministry of Justice Real Estate • Digital Assets Regulatory Framework Awards. Registration and Authentication o昀케ce at QFC. approved for public consultation. • Launched ‘Strategy to 2022’ with renewed • Joined the Asian Financial Cooperation • Introduced a new online focus on digital, media, sports and 昀椀nancial Association (AFCA). registrationprocess, streamlining licensing services sectors. • Issued QFC Real Estate Ownership Regulations and incorporation of 昀椀rms in QFC. • Investment Promotion Agency of Qatar 2021. • Hosted inaugural edition of Family Business (IPAQ) launched and registered on the QFC Community Retreat in collaboration with platform. Julius Baer, bringing together 100+ family • Joined the World Alliance of International business leaders, industry experts from Financial Centres, and the Islamic Financial around the world. Services Board. • Launched Digital Assets Lab in alignment with Qatar Central Bank’s Fintech Strategy, advancing innovation within the 昀椀nancial industry. 800 FIRMS 1,799 registered by the end of the year FIRMS registered by the end of the year QFC AT A GLANCE | QFC ANNUAL REPORT 2023