QATAR SCORES ON THE WORLD TOWARDS CONTINUED STAGE GROWTH IN 2024 • Qatar’s exceptional delivery of the FIFA World • The launch of the Innovation Dome stands Following another year of strong growth and Such recognition demonstrates the favourability TM as a testament to QFC’s relentless pursuit Cup Qatar 2022 is not only a demonstration progress, QFC’s preparedness and energy to and competitiveness of the nation’s market of the nation’s prowess in hosting world-class to realise national aspirations, enabling deepen the impact and value of its platform and against this backdrop, QFC will continue to events but also tells a tale of a journey into Doha’s transformation into a global centre remains at an all-time high. The 2030 Strategy, technological and human innovation that had of excellence for innovation. Designed in broaden its e昀昀orts to encourage and welcome a major positive bearing on the nation’s digital alignment with Qatar Central Bank’s (QCB) coupled with its new core values of Quality, leading 昀椀rms, startups and entrepreneurs from future. Fintech Strategy, the strategic platform Future Focus, Customer Focus, and Authenticity, around the world to set up operations, here in embraces the values of collaboration, will serve as the roadmap for QFC’s forthcoming the State of Qatar. • Hailed as the ‘most connected’ tournament, creativity, and excellence to build an initiatives and reinforce its role as the premier QFC remains committed to innovation and harnessing technology and innovation 昀椀nancial and business hub in the region. leveraging emerging technologies to meet throughout, such as the use of AI-assisted ecosystem for global 昀椀ntech leaders and wearables to monitor players’ health, entrepreneurs to participate in and leverage Qatar has a strong and resilient economy, market demands and maintain competitive innovative cooling technology in stadiums and from. identi昀椀ed as one of the fastest-growing advantage. The organisation looks forward to other public places, besides numerous other • Breaking new ground in Qatar’s 昀椀nancial in the region by the World Bank in 2023, contributing to key state initiatives like the Joint tech-centric interventions, the event was landscape, QFC, with the support of QCB, and ranked 12th amongst 64 countries - most Committee for Financial Sector Development monumental in propelling the national digital Qatar Development Bank, Qatar FinTech of which are developed countries - in The World and the continuous enhancement of the Digital Competitiveness Yearbook 2023, issued by transformation. Hub, and other organisations, introduced the Assets Lab Framework, among other signi昀椀cant • Its ripple e昀昀ect was strongly felt across all Digital Assets Lab as the inaugural initiative the International Institute for Management projects, to diversify Qatar’s economy. sectors in Qatar, including construction, under its Innovation Dome. Designed to spur Development (IMD). hospitality, tourism and sport, providing open innovation, research and development further momentum to technological in digital assets and Distributed Ledger advancements and progress, fundamentally Technology (DLT), the Lab lays the foundation increasing the competitiveness and for the development of a digital assets sector in Qatar. The Lab is set to welcome its 昀椀rst diversi昀椀cation of the economy. cohort of participants in 2024 including • As an enabler of business and investment in 昀椀ntech startups, 昀椀nancial institutions, Qatar, pursuing opportunities to strengthen technology providers and members of Qatar’s economy, QFC remained active in academia from all over the world. capitalising this momentum throughout the year 2023. TOWARDS CONTINUED GROWTH IN 2024 | QFC ANNU | QFC ANNUAL REPORT 2023AL REPORT 2023