Industry Report

Qatar’s Fintech Industry

The financial and monetary sector, with its banking and insurance activities, is one of the key sectors of the Qatari economy. Find out in our report about the opportunities and regulations that apply to Swiss FinTech companies looking to do business in Qatar.

Aerial view of Doha

The financial and monetary sector is managed, organized, and supervised by three executive authorities, namely the Qatar Central Bank (QCB), the QFC Regulatory Authority (QFCRA) and the Qatar Financial Markets Authority (QFMA) all operating under laws issued by the State of Qatar.

FinTech holds considerable opportunities for economic diversification and it is representing one of the four pillars of Qatar’s National Vision 2030. The Qatar National FinTech Taskforce was formed in 2017, comprising Qatar Development Bank (QDB), QCB, Qatar Financial Centre (QFC) and various financial institutions operating in Qatar. The objective of the task force is to create a strong and sustainable FinTech ecosystem capable of competing regionally and internationally.

Report: overview, regulations and opportunities for Swiss FinTech companies

The report, which can be downloaded, is provided by the Swiss Business Hub Middle East and contains information on the following topics:

  1. Overview of the FinTech Sector in Qatar
  2. Regulation
  3. Business Opportunities
  4. Qatar Cyber Security Subsector

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Qatar's Fintech Industry (04/2021)

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