Qatar Seeks to Become Fintech Hub for the Middle East; Pledges Support for US Investment

Qatar’s Government agencies are committed to supporting the United States of America (US)-based investment in the Middle East, and making Qatar a fintech hub for the region, according to Fahad Al Dosari, Commercial Attaché for the Embassy of Qatar in the US. Speaking at a recent virtual panel discussion covering Qatar’s evolving fintech sector and related business opportunities, Al Dosari stated that Qatar was one of the world’s most stable economies and offered robust incentives for US-based companies including 20-year tax holidays for free zone-operating companies. The virtual discussion involving sector experts provided the US companies with an overview of the US-Qatar commercial relationship as well as Qatar’s fintech secto...