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Satyendra Pathak
Doha
Qatar has succeeded in mitigating the impact of the ongoing economic blockade by increasing the efficiency of its financial sector, Qatar Central Bank Governor Sheikh Abdulla bin Saoud al Thani said on Monday.
Addressing the second day of Euromoney Qatar Conference in Doha, the QCB governor said, “During the period of this unjust blockade, the country succeeded in increasing the efficiency of its financial sector.
“We launched, at the end of last year, the second strategic plan 2017-2022 in coordination with the Qatar Central Bank, the Qatar Financial Markets Authority, and Qatar Financial Centre Regulatory Authority.
“The plan aims to develop a roadmap for the financial sector, enhance the financial markets, and maintain the integrity of the financial system.”
Highlighting reforms and measures taken in order to raise awareness and build human calibre that can take Qatar’s economy through the next stage of its progress, he said, “Qatar has undertaken several initiatives and issued a number of laws and
legislations to create a business and investment environment that supports economic growth and empowers the private sector.
“In addition to waiving visa requirements for more than 80 nationalities, a free zone was established in order to promote trade and investment with other countries.”
“Qatar is currently preparing for the launch of the well-known financial technology strategy Fintech.
“The country is also preparing to launch the national strategy for inclusion and financial education at the state level, and is developing human capital through training and building capabilities in line with the best international standards and practices so that Qatar becomes a leading global hub in the field of services, markets and financial activities,” he said,
Later, discussions on the concluding day of the conference included a series of thematic panels focused on managing Qatar’s wealth, fintech and the future of financial services in Qatar and sustainable finance.
Euromoney Conferences Middle East and Africa Director Victoria Behn said, “Euromoney Qatar has always been an important conference in the financial calendar and the 2018 edition was an extremely successful and interesting one.
“It’s been almost a year and a half since the blockade and the country has changed significantly in many aspects since then. The conference comes at a crucial time, bringing key players in the financial sector together to learn from the last 18 months and prepare for the future.
“Moreover, this platform demonstrates the strength of Qatar’s economy and how it was able to overcome the impact of the current political situation. We are very happy with the outcome of this year’s edition and we look forward to returning in 2019.”
Euromoney Qatar 2018 was attended by investment professionals, financiers and economists who gathered for two days of discussion panels and keynote addresses. The conference recorded over 900 registrations.
The conference offered companies and governments a chance to connect with
financial institutions by providing a vast and detailed overview on strategy and finances in a series of workshops, talks, interviews and panel discussions.
Doha
Qatar has succeeded in mitigating the impact of the ongoing economic blockade by increasing the efficiency of its financial sector, Qatar Central Bank Governor Sheikh Abdulla bin Saoud al Thani said on Monday.
Addressing the second day of Euromoney Qatar Conference in Doha, the QCB governor said, “During the period of this unjust blockade, the country succeeded in increasing the efficiency of its financial sector.
“We launched, at the end of last year, the second strategic plan 2017-2022 in coordination with the Qatar Central Bank, the Qatar Financial Markets Authority, and Qatar Financial Centre Regulatory Authority.
“The plan aims to develop a roadmap for the financial sector, enhance the financial markets, and maintain the integrity of the financial system.”
Highlighting reforms and measures taken in order to raise awareness and build human calibre that can take Qatar’s economy through the next stage of its progress, he said, “Qatar has undertaken several initiatives and issued a number of laws and
legislations to create a business and investment environment that supports economic growth and empowers the private sector.
“In addition to waiving visa requirements for more than 80 nationalities, a free zone was established in order to promote trade and investment with other countries.”
“Qatar is currently preparing for the launch of the well-known financial technology strategy Fintech.
“The country is also preparing to launch the national strategy for inclusion and financial education at the state level, and is developing human capital through training and building capabilities in line with the best international standards and practices so that Qatar becomes a leading global hub in the field of services, markets and financial activities,” he said,
Later, discussions on the concluding day of the conference included a series of thematic panels focused on managing Qatar’s wealth, fintech and the future of financial services in Qatar and sustainable finance.
Euromoney Conferences Middle East and Africa Director Victoria Behn said, “Euromoney Qatar has always been an important conference in the financial calendar and the 2018 edition was an extremely successful and interesting one.
“It’s been almost a year and a half since the blockade and the country has changed significantly in many aspects since then. The conference comes at a crucial time, bringing key players in the financial sector together to learn from the last 18 months and prepare for the future.
“Moreover, this platform demonstrates the strength of Qatar’s economy and how it was able to overcome the impact of the current political situation. We are very happy with the outcome of this year’s edition and we look forward to returning in 2019.”
Euromoney Qatar 2018 was attended by investment professionals, financiers and economists who gathered for two days of discussion panels and keynote addresses. The conference recorded over 900 registrations.
The conference offered companies and governments a chance to connect with
financial institutions by providing a vast and detailed overview on strategy and finances in a series of workshops, talks, interviews and panel discussions.
