Qatar Financial Centre wants to attract $25 billion of foreign investments by 2022 as Gulf rift ends
CNBC
1/14/2021
Emma Graham
It comes a week after Saudi Arabia reinstated diplomatic ties with neighboring Qatar, ending a three-year blockade against the tiny, gas-rich nation.
The reconciliation means a stronger, more powerful Gulf Cooperation Council, said Qatar Financial Centre CEO Yousuf Al-Jaida.
QFC aims to create 10,000 new jobs, and more than 1,000 companies by 2022.
End of Gulf rift will bring foreign investment to Qatar: Financial center CEO
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Qatar Financial Centre is seeking to attract $25 billion of foreign direct investment inflows by 2022, its CEO Yousuf Al-Jaida told CNBC in an exclusive interview on Wednesday.