MOUS IN FOCUS MoU between QFC and American Chamber of Commerce MoU between QFC and Asian Institute of Digital Finance The QFC signed a Memorandum of Understanding with the American Chamber of Commerce Qatar Building on the ongoing e昀昀orts to bolster Qatar’s 昀椀nancial services sector, the QFC signed an MoU (AmCham) on the sidelines of the Fifth Qatar-US Strategic Dialogue in Qatar. Aimed at stimulating with the AIDF, a research institute of the National University of Singapore (NUS). This strategic increased bilateral trade and investment between Qatar and the US, the MoU will see both parties alliance aims to propel innovation and promote sustainable development across various 昀椀elds, promote QFC as an ideal 昀椀nancial and business platform for American investments. In addition, the including ESG, FinTech, digital assets, Web 3.0, and other emerging technologies. Further to these agreement will ensure the provision of essential support to American companies desirous of setting e昀昀orts, both partners will actively facilitate knowledge exchange to advance their common goals. up their business in Qatar. Further to that, QFC and AmCham will organise events and initiatives centred around the trade and investment goals of the partnership. MoU between QFC and Settlemint MoU between QFC and Elegancia Healthcare QFC signed an MoU with Settlemint, a trusted blockchain technology platform, to collaborate on blockchain and digital asset initiatives. The partnership opens a signi昀椀cant pathway for QFC entered into an agreement with Elegancia Healthcare, a subsidiary of Estithmar Holding. collaboration between industry leaders, 昀椀nancial institutions, 昀椀ntech 昀椀rms, and corporate The MoU aims to foster collaboration amongst key stakeholders, including public and private organisations to spur the adoption of blockchain and digital asset business models and solutions. entities and academia, to advance innovative healthcare solutions, entrepreneurship It represents a step forward in identifying use cases for blockchain technology and digital assets and economic growth and build a supportive ecosystem for start-ups and small businesses in Qatar’s 昀椀nancial industry. Through this collaboration, the QFC and SettleMint will help business within the healthcare sector. entities in Qatar’s 昀椀nancial sector innovate and develop safer and more e昀케cient business practices. MoU between QFC and College of Islamic Studies, Hamad Bin Khalifa MoU with R3 University (HBKU) QFC signed an MoU with R3, a leading global provider of enterprise distributed ledger technology (DLT) and services, to accelerate the development of Qatar’s 昀椀ntech industry and to promote The promotion of Islamic 昀椀nance has been high on QFC’s agenda throughout 2023. QFC furthers this ambition through an MoU signed with the College of Islamic Studies (CIS) at Hamad Bin Khalifa common interests. Under the partnership, the QFC and R3 will work together to create a University (HBKU), renewing their partnership in hosting the International Conference on Islamic potential laboratory environment that caters to commercial banks and 昀椀ntechs. It also aims to promote education and training on asset digitisation and the use of DLT. Furthermore, the two Finance (ICIF). Under the agreement, the QFC will sponsor 昀椀ve more editions of the conference from organisations will also create working groups to observe new and emerging regulatory paradigms 2023 to 2027 at CIS, opening more opportunities for the two institutions to jointly promote a deeper and support the QFC’s deployment of DLT at a national level. understanding of Islamic 昀椀nance and the Shari’ah law. | QFC ANNUAL REPORT 2023