QFC, Labuan IBFC sign deal to boost cooperation Apr 18, 2021 0 1003 12345 QNADohaQatar Financial Centre Authority (QFC Authority) has signed a Memorandum of Understanding (MoU) with Labuan IBFC Inc to develop long term cooperation and boost economic and financial sector ties between the two financial centers.The MoU, which Chief Executive Officer of QFC Yousuf Mohamed Al Jaida and Chief Executive Officer of Labuan IBFC Inc Farah Jaafar-Crossby signed on April 15, entails a commitment to collaborate on certain objectives including, but not limited to, marketing, awareness activities and identification of mutually beneficial initiatives. Under the structure of the agreement, QFC and Labuan IBFC committed to exploring a mutually beneficial framework to allow relevant financial institutions in Qatar to operate in Labuan IBFC and allow relevant financial institutions in Labuan IBFC to operate in the QFC, subject to the approval of competent authorities. Both financial centres also agreed to collaborate on financial sector domains, such as setting up business operations with respect to Islamic finance, digital finance, capital markets, asset and investment management, and other relevant financial institutions and financial service providers within their ecosystems. RELATED ARTICLES 35 years & above now eligible for COVID-19 vaccine: MoPH Apr 18, 2021 0 2061 Qatar sees drop in daily COVID cases Apr 18, 2021 0 1323 Qatar committed to fair production and supply of vaccines: Sheikha Alya Apr 18, 2021 0 1125 British royal family bids farewell to Prince Philip The coffin of Britain’s Prince Philip was interred in the royal vault of St George’s Chapel in Windsor at the end of a funeral service that featured just 30 mourners on Saturday. Queen Elizabeth II, his wife of 73 years, was .. Thousands to benefit from Awqaf food distribution scheme QNA Doha About 1,500 families and 2,500 workers will benefit from the second edition of the food kit distribution project of the General Department of Endowments of the Ministry of Endowments and Islamic Affairs .. Action against 362 for flouting COVID norms Tribune News Network Doha As many as 362 people were on Saturday referred to Public Prosecution for violating various COVID-19 safety norms. While 282 people were booked for not wearing masks, three faced action for ..