QFC has wrapped up its participation in the “Start-up Qatar” pavilion at the Web Summit Qatar 2024

As part of the State's efforts to realise the Third National Development Strategy 2024–2030, Qatar Financial Centre (QFC), a preeminent onshore financial and business centre in the region, has concluded its participation in the “Start-up Qatar” pavilion at the Web Summit Qatar 2024, which was held in Qatar for the first time in the Middle East. 

Aside from offering exclusive benefits like waived registration fees and annual fees for the first five years, and a tax exemption in accordance with international standards, the QFC provided a unique opportunity for companies to register and obtain a licence to do business in Qatar on the spot during its participation in this largest technology conference in the world.

Qatar, as one of the top investment destinations in the area, attracted over 100 firms from a variety of industries, including banking, digital, and fintech, to join the country's market at the Summit. 

During the course of the four-day event, the QFC also inked a number of strategic Memoranda of Understanding (MoU) with respectable domestic and international organisations. The final MoU was a partnership with Qatar's top technical and vocational education institution, the University of Doha for Science and Technology (UDST), aimed at enhancing the financial education ecosystem and increasing practical experience.