Qatar among world’s top 20 financial centres

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Monday 23 Mar 2015 - 15:38 Makkah mean time-3-6-1436 Qatar among world’s top 20 financial centres (Google image) Doha, (IINA) - The latest Global Financial Centres Index (GFCI 17), covering 82 financial centres from around the world, has ranked Qatar in the top 20 leading financial centres from across the globe, media news reported. The GFCI 17, sponsored by Qatar Financial Centre, was released on Sunday by the London-based Z/Yen Group. Z/Yen is the City of London’s leading commercial think-tank. Qatar’s rating rose by 7 points, mainly driven by its increasing competitiveness, international relations and perceived significance as a leading financial centre not only within the GCC but on a global level. The index saw the ratings of Doha, Riyadh and Casablanca reflect the biggest gains in this competitive region. Yousef Al Jaidah, Deputy CEO of the QFC Authority, said: “The QFC is delighted that Qatar has again been recognized as a leading financial centre in the GCC, ranked within the top 20 financial centres from around the world. The GFC Index is a renowned and highly relevant and respected report of the leading financial centres globally, which reflect the views and opinions of executives from all over the financial community.” Doha continues to make strong progress in attracting the attention of the international financial and business services community, Mark Yeandle, the author of the GFCI, said. GFCI 17 uses 28,494 financial centre assessments completed by 3,527 financial services professionals. Since 2007, well over 120,000 assessments from over 9,500 respondents have built the index. SM/IINA