Friday 19 September 2014
 
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Qatar Financial Centre

QFC plans key changes to ownership rules

The regulatory authority of the Qatar Financial Centre (QFC) said it will start implementing key changes in its rules with regard to significant ownership positions in QFC-authorised firms. The move comes following the approval by

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Insurance premiums top $42bn in Mena

The Middle East and North African (Mena) insurance market was worth more than $42 billion in annual premiums in 2011, up from $26 billion in 2007, according to a survey by the Qatar Financial Centre Authority (QFCA). The non-life

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GCC reinsurers upbeat on 2012 prospects

Market sentiment remains upbeat among reinsurers and brokers operating in the GCC amid hope that the impact of last year's near-record burden of catastrophe losses will translate into an improved pricing and profitability outlook, according

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Qatar nears Barclays asset management deal

The Qatar Financial Centre Authority is set to announce an asset management transaction with British bank Barclays, sources familiar with the matter said on Monday. The deal is likely to be unveiled at a news conference called later in the

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Abu Dhabi Islamic Bank wins Qatar licence

Abu Dhabi Islamic Bank  has received approval from the Qatar regulator to open an Islamic branch in the country. The approval comes six months after a central bank order asked conventional lenders to stop operating Islamic branches in

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Matrix ME Alignment Fund gets QFA licence

Matrix ME Alignment Fund Management, announced that it has recently received authorisation from the QFC Regulatory Authority to operate in the Qatar Financial Centre (QFC). The firm will now be based in the only fully regulated onshore jur

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Top reinsurers ‘eye Qatari foothold’

Some of the world's biggest reinsurers plan to open offices in Qatar, boosting the Gulf state's efforts to establish itself as a regional financial hub, the head of the Qatar Financial Centre Authority (QFCA) said. They are expecte

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QFC hosts insurance summit

The Qatar Financial Centre (QFC) Authority, the commercial, administrative and legislative body of the QFC, is hosting an international business event which will examine the changes in the financial markets since 2008 in Doha. The fourth M

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Qatar Financial Centre unveils new strategy

The Qatar Financial Centre (QFC) Authority has announced plans to develop hubs in asset management, re-insurance and captive insurance in line with its new strategy for 2010. The new strategies mark the next phase of the QFC development.

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T’azur gets Qatar Financial Centre licence

T’azur Company, a takaful (Islamic insurance) company headquartered in Bahrain, has secured a licence to operate a general takaful business in the Qatar Financial Centre (QFC). Founded in 2007 by Unicorn Investment Bank and a group of inst

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