Qatar Financial Services

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New regulations introduced by the Qatar Central Bank (QCB) in mid-June will curb local banks’ investment options, potentially making sovereign bonds more appealing at the expense of some private sector options. The move is taking place as the government prepares to set its infrastructure development programme into overdrive.
The Qatar Central Bank’s (QCB) February takeover of responsibility for licensing and supervising insurance companies, reinsurance companies and insurance intermediaries, part of an effort to streamline doing business in the country, should enhance regulation and level the playing field for insurance companies.
Local banks are turning to the capital markets to finance expansion as they set their sights on growth both in the domestic market and overseas.

With one of the world’s most commanding positions in the global energy industry and a growing role in regional diplomacy, Qatar has seen many returns on the political and economic investments it has made in the past two decades.

A highly competitive sector, insurance in Qatar has seen impressive growth in recent years, both in terms of premiums and in the number of active insurers. With the latter divided between firms based inside the Qatar Financial Centre (QFC) and companies based outside, a third category of brokers, who may have no physical presence in the country at...

Under the Qatar National Vision 2030 – the country’s long-term development plan – the provision of a comprehensive health care system has been prioritised. As a result, the National Health Strategy 2011-16 was drawn up by the Supreme Council of Health (SCH), and is likely to see the implementation of a mandatory health insurance scheme in the very...

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