The Qatar Financial Centre (QFC) recently participated at the World Economic Forum's Annual Meeting of the New Champions, under the theme 'Leadership 4.0: Succeeding in a New Era of Globalization', in Dalian, China.
Established in 2007, the Annual Meeting of the New Champions is held in China. The event brings together 1,500 participants from 'Global Growth Companies', primarily from rapidly growing emerging countries such as China, India, Russia, Mexico, and Brazil, but also includes companies from developed countries, as well as the next generation of global leaders and technology pioneers from around the globe.
Chief Executive Officer at QFC Authority Yousuf Mohamed Al Jaida said "Qatar and the QFC are committed to sustainable economic development which remains a key national priority especially as the global economy transforms through the fourth industrial revolution. While digitalization of the economy offers unique challenges, it also affords immense business opportunities across industries ranging from fintech to sports, which is why the QFC has made these sectors a strategic focus."
Al Jaida added: "The Annual Meeting of the New Champions provides a unique opportunity to address the international challenges and opportunities that characterize the global landscape today by bringing together international thought leaders and entrepreneurs to discuss innovation and other important topics."
H.E. Managing Director of Business Development at QFC Authority Sheikha Alanoud bint Hamad Al-Thani, said: "The industrial revolution will continue to drastically transform the world of work and business, which is why it is imperative to actively anticipate these technological and economic shifts. As such, alternative investment strategies must be explored in order to ensure ongoing economic diversification, which has been one of the key mandates of the Qatar Financial Centre since its inception."
H.E. Sheikha Alanoud bint Hamad Al-Thani added: "Understanding the new players that are disrupting existing and established industries is equally important in order to weather the global changes, which is why the Annual Meeting of the New Champions is especially important."
The QFC is an onshore jurisdiction that allows registered companies to enjoy competitive benefits, such as working within a legal environment based on English common law, the right to trade in any currency, up to 100 percent foreign ownership, 100 percent repatriation of profits, 10 percent corporate tax on locally sourced profits, and an extensive double taxation avoidance agreement network with 81 countries.
Image Source: The Peninsula Qatar
There are multiple advertising possibilities with the ILQ network, drop us an e-mail at [email protected] for inquiries!
If you have anything you want to share with us, send us an e-mail at [email protected]!
Want to send a tip? Drop us an e-mail at [email protected], anonymity is guaranteed!
You have successfully registered your account!Please confirm your e-mail address by clicking on the URL sent to you.The e-mail usually arrives in 5-10 minutes.
Salam! Welcome to our brand new site! Looking good huh?
We’ve got loads of cool new features and to help make sure your account is secure, you’ll need to reset your password the first time you log in.
New to ILQ? What are you waiting for? Sign up!
How ajeeb was that!? Thanks for contributing to our community! Your post will appear after we take a quick look!