7 8 The achievements outlined in this report reflect QFCs commitment to driving Qatars future-focused economic evolution and broadening its global competitive edge. In 2024, QFC reinforced its role as a key player in attracting global enterprises to Qatar, welcoming businesses from over 80 countries and more than 25 sectors. With 77 per cent of QFC firms originating from international markets, QFC is not only advancing Qatars strategic diversification goals but also strengthening the nations global connectivity. As a thriving community, QFC is integral to generating employment opportunities and nurturing skills development across industries. QFC has been instrumental in promoting industry dialogues and fostering meaningful As we reflect on another successful year, it is evident that our journey has been influenced by global and regional trends reshaping the economic landscape. Shifting capital flows, the move towards deglobalisation, and pivotal advancements in AI, digital assets, and other emerging technologies are driving seismic changes across industries and redefining the future of finance. Against this backdrop, we have laid the groundwork for our 2030 Strategy, a dynamic roadmap to establish Qatar as a leading financial and commercial hub. This forward-looking strategy aims to capitalise on emerging markets and strengthen Qatars appeal as a wealth destination in an increasingly competitive region. At its core, the strategy seeks to establish QFC as a centre for wealth management, expand adjacent financial services such as digital assets and tokenisation, and diversify the broader business ecosystem by supporting sectors including sports, media, technology, and professional services. It also encompasses regulatory frameworks and incentives to partnerships, while enhancing both Qatars and its visibility on the global stage. The financial performance of QFCs regulated firms, with assets under management exceeding $22.5 billion in 2024, further highlights its role as a key driver of economic value creation. With the continued execution of its 2030 Strategy, QFC is poised to elevate Qatars position as a foremost global financial and commercial hub. H.E. Sheikh Faisal bin Thani bin Faisal Al Thani Minister of Commerce & Industry and Chairman of Qatar Financial Centre CHAIRMAN FOREWORD: BUILDING ON A RECORD OF PROGRESS AND INNOVATION CEO FOREWORD: POSITIONING QATAR AS A GLOBAL FINANCIAL LEADER attract firms and institutions that meet Qatars evolving market needs and complement its economic dynamics. With sustainability gaining prominence among businesses, individuals, and policymakers, we are intensifying efforts to promote sustainable finance and champion Islamic finance and leverage emerging technologies to create an equitable and accessible financial ecosystem. Our aim is to position Qatar as a leader in ethical investment, aligning with the growing momentum towards environmental and social responsibility. This growth report provides an overview of our efforts and the initiatives we have launched to foster an innovative financial ecosystem and create an attractive market for businesses of all sizes, particularly those critical to Qatars economic growth. I invite you to explore our achievements and strategic direction. Yousuf Mohamed Al-Jaida Chief Executive Officer of Qatar Financial Centre CHAIRMAN MESSAGE H.E. Sheikh Faisal bin Thani bin Faisal Al Thani CEO MESSAGE Yousuf Mohamed Al-Jaida