Doha: The Qatar Financial Centre (QFC) announced the addition of more than 800 new firms to its business platform from January to March 2026, marking a significant 57% year-on-year growth in the first quarter compared to the same period in 2025.

According to Qatar News Agency, the QFC's recent performance underscores the sustained confidence in Qatar's robust business environment. The center, recognized as a leading financial and commercial hub, continues to attract a diverse array of firms, enhancing its global reputation.

In March, Fitch Ratings reaffirmed Qatar's sovereign credit rating of 'AA' with a stable outlook, emphasizing the nation's strong financial standing, high national income, and extensive overseas investment portfolio. These factors contribute to a favorable long-term growth outlook, supporting Qatar's ability to withstand external shocks and navigate global trade disruptions.

Mansoor Rashid Al-Khater, CEO of QFC, remarked on the center's achievements, stating, "QFC's first quarter performance, including March, reflects the underlying strength of our platform and trust in Qatar's economic resilience. We remain focused on our strategic priorities, including attracting wealth, developing the local financial services sector, supporting diversification, and maintaining uninterrupted delivery of our full range of services to a consistently high standard."

The QFC is committed to supporting Qatar's long-term national development objectives, creating opportunities across sectors, and strengthening Doha's position as a competitive financial hub. This commitment is reflected in Doha's improved standing in the Global Financial Centres Index 39, where it climbed 14 places to rank third in the MENA region, with its rating increasing by four points, indicating enhanced overall competitiveness.

Established to facilitate business operations within the country, the QFC provides a distinguished platform for firms seeking to establish and conduct activities in Qatar or the region. It offers a unique legal, regulatory, tax, and business environment, allowing up to 100% foreign ownership, 100% repatriation of profits, and a competitive 10% corporate tax rate on locally sourced profits.