Latest news with #NationalVision2030
Yahoo
6 days ago
- Business
- Yahoo
QFC signs MoU with Ashmore Group to expand Qatar's capital markets
Qatar Financial Centre (QFC) has signed a memorandum of understanding (MoU) with Ashmore Group, an emerging markets asset manager, to support the expansion of the country's capital markets. This strategic partnership is expected to bolster the local asset management sector through knowledge exchange and the development of investment solutions. The collaboration between QFC and Ashmore Group, which manages assets worth $46.2bn, is aligned with Qatar's broader vision of fostering a diversified, knowledge-based economy. A key focus of the agreement is the cultivation of local talent within the financial services industry, which is critical to the nation's long-term development plans. QFC chief executive officer Yousuf Mohamed Al-Jaida emphasised the significance of the partnership, stating, 'Ashmore Group's deep expertise in asset management, combined with the QFC's drive for financial innovation, makes this partnership a strong catalyst for long-term development. 'Through this collaboration, we aim to strengthen Qatar's asset management sector and elevate our capital markets by introducing global best practices and innovative investment solutions.' Ashmore Group CEO Mark Coombs expressed his company's commitment to the region, saying, 'Ashmore has a long history of investing in Qatar and is excited to partner with the QFC to deliver further development in Qatar's financial services industry over the coming years. 'We also look forward to helping raise the profile of Qatar as a destination for international investors, in line with the ambitions of the National Vision 2030.' The MoU marks a continuation of Ashmore Group's engagement in Qatar, following the recent registration of the asset manager under QFC's platform and the inauguration of its new office in the country. The companies expect this move to enhance local investment activity and strengthen Qatar's position as an emerging hub for asset management in the region. The Qatar Financial Centre (QFC), situated in the heart of Doha, serves as an onshore hub for companies seeking to establish and expand their business operations in Qatar and the surrounding region. Last week, Ashmore Group launched an office in Qatar to advise on investment opportunities and foster connections with local investors. "QFC signs MoU with Ashmore Group to expand Qatar's capital markets" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Qatar Tribune
26-05-2025
- Business
- Qatar Tribune
QFC, Ashmore sign MoU to boost Qatar's asset management sector
Tribune News Network Doha Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, signs an MoU with the Ashmore Group, a globally recognised emerging markets asset manager that manages $46.2 billion, to support the expansion of Qatari capital markets. The partnership aims to strengthen Qatar's local asset management sector by fostering knowledge exchange and promoting the development of innovative investment solutions. A central element of the agreement is the commitment to nurturing local talent within the financial services industry, supporting Qatar's broader vision of building a diversified, knowledge-based economy. Commenting on the importance of the partnership, QFC Chief Executive Officer Yousuf Mohamed Al Jaida said, 'Ashmore Group's deep expertise in asset management, combined with the QFC's drive for financial innovation, makes this partnership a strong catalyst for long-term development. Through this collaboration, we aim to strengthen Qatar's asset management sector and elevate our capital markets by introducing global best practices and innovative investment solutions.' Ashmore Group Chief Executive Officer Mark Coombs said, 'Ashmore has a long history of investing in Qatar and is excited to partner with the QFC to deliver further development in Qatar's financial services industry over the coming years. We also look forward to helping raise the profile of Qatar as a destination for international investors, in line with the ambitions of the National Vision 2030.' This MoU builds on the recent milestone of QFC registering Ashmore Group under its platform and supporting the launch of its new office in Qatar. It also marks a significant step in expanding Ashmore's long-standing relationship with the country. The office will support local investment activity and deepen engagement with regional investors, further positioning Qatar as a growing hub for asset management.
Qatar Tribune
26-05-2025
- Business
- Qatar Tribune
Lusail University celebrates its second graduation ceremony
Khaled Al Hameidi Doha In a celebration that merged pride, ambition, and national vision, Lusail University marked a significant milestone yesterday with the graduation of its second cohort of students. The grand ceremony took place at the Qatar National Convention Centre, drawing a distinguished audience of state leaders, dignitaries, and families, all gathered to honour a new generation of graduates ready to contribute to Qatar's knowledge-based future. Gracing the event were prominent officials including Minister of Education and Higher Education, Her Excellency Lolwah bint Rashid bin Mohammed Al Khater; Minister of State for Energy Affairs and President and CEO of QatarEnergy, His Excellency Eng. Saad bin Sherida Al Kaabi; Minister of Environment and Climate Change, His Excellency Dr. Abdullah bin Abdulaziz bin Turki Al Subaie; Minister of Labour, His Excellency Dr Ali bin Samikh Al Marri; and Chairman of Lusail University's Board of Trustees Dr Ali bin Fetais Al Marri. Members of the Board, senior government officials, and members of Qatar's academic community were also present. A vision realised, a mission renewed In his keynote address, Dr Nitham Hindi, president of Lusail University, described the moment as a culmination of both personal and institutional journeys marked by resilience, determination, and the pursuit of excellence. 'Today is not just a celebration of academic achievement,' he said. 'It is a testament to Lusail University's unwavering commitment to innovation, intellectual growth, and its pivotal role in shaping the next generation of leaders.' Dr Hindi emphasized that the university is steadfast in aligning its growth with Qatar's National Vision 2030. He highlighted a year of accomplishments, including the launch of new academic programs, expansion of local and international partnerships, and tangible progress in research and student-led initiatives across cultural, scientific, and athletic fields. 'As the first national private university in Qatar, Lusail has not only met but exceeded expectations,' Dr Hindi stated. 'We are proud to have fulfilled over 95% of our strategic plan for 2021–2025—a remarkable feat made possible by the tireless efforts of our academic and administrative teams.' Charting the future: 2025–2030 strategic vision Looking forward, Dr. Hindi unveiled the university's new strategic roadmap for the period 2025–2030, recently approved by the Board of Trustees. This future-oriented plan focuses on enhancing innovation, integrating cutting-edge digital learning technologies, expanding academic offerings aligned with evolving market needs, and cultivating a vibrant environment for research and academic exploration. Central to the new strategy is the strengthening of collaborative efforts across both public and private sectors. Dr. Hindi stressed the importance of these partnerships in propelling Lusail University's vision of becoming a driver of sustainable development and a hub of academic excellence in the region. 'As we enter this new phase, our mission remains clear—to produce graduates who are not only well-versed in their disciplines but also equipped with the creativity, agility, and global mindset to thrive in a rapidly changing world,' he said. Voices of the graduates: pride, purpose, and possibility Representing the graduating class of 2025, students Mohammed Al Attiyah and Noura Al Nuaimi delivered heartfelt speeches that captured the spirit of their shared journey. Speaking with confidence and gratitude, Al Attiyah reflected on the transformative power of their academic experience. 'Today, we stand at the threshold of a new chapter, armed with knowledge, driven by ambition, and guided by purpose,' he said. 'Our journey at Lusail University was not without challenges, but through persistence and unity, we have reached this historic moment of celebration.' Al Nuaimi echoed the sentiment, expressing deep appreciation for the faculty and staff whose dedication helped shape the students' academic paths. 'Being part of the second graduating cohort of this promising institution is a great honour,' she said. 'Here, we have not only learned facts and theories, but values of perseverance, innovation, and lifelong learning.' Both graduates emphasized that many of their peers are pursuing postgraduate studies both in Qatar and abroad, while others are stepping directly into the workforce—eager to contribute to Qatar's development across sectors. 'This graduation is not the end,' Al Attiyah said. 'It is the beginning of our contribution to society and our commitment to excellence.' A celebration of achievements and community The ceremony featured the awarding of degrees across the university's colleges—Education, Arts, Business and Commerce, and Law—alongside the conferring of degrees to the university's first cohort of master's graduates. Another highlight of the evening was the recognition of graduates from Sorbonne University in Qatar, underscoring Lusail University's spirit of academic collaboration. In addition to student recognitions, the event included musical and cultural performances, tributes to faculty members, and the honouring of organizations and institutions that have supported Lusail University students throughout their academic journey. These acknowledgments reflected the collective effort and community investment that have propelled the university forward. Lusail: A name rooted in aspiration Since its inception, Lusail University has positioned itself as a transformative force in Qatar's educational landscape. With a mission to offer quality education grounded in values and geared toward innovation, the university continues to expand its academic and cultural footprint. The ceremony was more than a commencement—it was a powerful affirmation of Lusail University's role in preparing Qatar's youth for leadership in the fields of law, business, education, and beyond. As the graduates walked across the stage to receive their diplomas, applause echoed not just in the hall but across a nation that sees in them the promise of a brighter, more dynamic future. A future shaped by knowledge Lusail University's second graduation ceremony was a resounding reminder that education is not merely a process but a catalyst for national progress. With each student who steps out of its classrooms, the university affirms its purpose: to educate, to inspire, and to lead. In the words of Dr Hindi: 'We are not only celebrating what has been achieved, but what is yet to come. These graduates are the architects of our future, and we are proud to have been part of their journey.'
Qatar Tribune
25-05-2025
- Business
- Qatar Tribune
Lusail University celebrates graduation of its second cohort of students
DOHA: In a celebration that merged pride, ambition, and national vision, Lusail University has marked a significant milestone with the graduation of its second cohort of students. The grand ceremony took place at the Qatar National Convention Centre, drawing a distinguished audience of state leaders, dignitaries, and families, all gathered to honour a new generation of graduates ready to contribute to Qatar's knowledge-based future. Gracing the event were prominent officials including Minister of Education and Higher Education HE Lolwah bint Rashid bin Mohammed Al Khater; Minister of State for Energy Affairs and President and CEO of QatarEnergy HE Eng Saad bin Sherida Al Kaabi; Minister of Environment and Climate Change HEDr Abdullah bin Abdulaziz bin Turki Al Subaie; Minister of Labour HEDrAli bin Samikh Al Marri; and Chairman of Lusail University's Board of TrusteesDr Ali bin Ftais Al Marri. Members of the Board, senior government officials, and members of Qatar's academic community were also present. A vision realized, a mission renewed In his keynote address, Dr Nitham Hindi, President of Lusail University, described the moment as a culmination of both personal and institutional journeys marked by resilience, determination, and the pursuit of excellence. 'Today is not just a celebration of academic achievement,' he said. 'It is a testament to Lusail University's unwavering commitment to innovation, intellectual growth, and its pivotal role in shaping the next generation of leaders.' Dr Hindi emphasized that the university is steadfast in aligning its growth with Qatar's National Vision 2030. He highlighted a year of accomplishments, including the launch of new academic programs, expansion of local and international partnerships, and tangible progress in research and student-led initiatives across cultural, scientific, and athletic fields. 'As the first national private university in Qatar, Lusail has not only met but exceeded expectations,' Dr Hindi stated. 'We are proud to have fulfilled over 95% of our strategic plan for 2021–2025—a remarkable feat made possible by the tireless efforts of our academic and administrative teams.' Charting the future: 2025–2030 strategic vision Looking forward, Dr Hindi unveiled the university's new strategic roadmap for the period 2025–2030, recently approved by the Board of Trustees. This future-oriented plan focuses on enhancing innovation, integrating cutting-edge digital learning technologies, expanding academic offerings aligned with evolving market needs, and cultivating a vibrant environment for research and academic exploration. Central to the new strategy is the strengthening of collaborative efforts across both public and private sectors. Dr Hindi stressed the importance of these partnerships in propelling Lusail University's vision of becoming a driver of sustainable development and a hub of academic excellence in the region. 'As we enter this new phase, our mission remains clear—to produce graduates who are not only well-versed in their disciplines but also equipped with the creativity, agility, and global mindset to thrive in a rapidly changing world,' he said. Voices of the graduates: Pride, purpose, and possibility Representing the graduating class of 2025, students Mohammed Al Attiyah and Noura Al Nuaimi delivered heartfelt speeches that captured the spirit of their shared journey. Speaking with confidence and gratitude, Al Attiyah reflected on the transformative power of their academic experience. 'Today, we stand at the threshold of a new chapter, armed with knowledge, driven by ambition, and guided by purpose,' he said. 'Our journey at Lusail University was not without challenges, but through persistence and unity, we have reached this historic moment of celebration.' Al Nuaimi echoed the sentiment, expressing deep appreciation for the faculty and staff whose dedication helped shape the students' academic paths. 'Being part of the second graduating cohort of this promising institution is a great honor,' she said. 'Here, we have not only learned facts and theories, but values of perseverance, innovation, and lifelong learning.' Both graduates emphasized that many of their peers are pursuing postgraduate studies both in Qatar and abroad, while others are stepping directly into the workforce—eager to contribute to Qatar's development across sectors. 'This graduation is not the end,' Al Attiyah said. 'It is the beginning of our contribution to society and our commitment to excellence.' A celebration of achievements and community The ceremony featured the awarding of degrees across the university's colleges—Education, Arts, Business and Commerce, and Law—alongside the conferring of degrees to the university's first cohort of master's graduates. Another highlight of the evening was the recognition of graduates from Sorbonne University in Qatar, underscoring Lusail University's spirit of academic collaboration. In addition to student recognitions, the event included musical and cultural performances, tributes to faculty members, and the honoring of organizations and institutions that have supported Lusail University students throughout their academic journey. These acknowledgments reflected the collective effort and community investment that have propelled the university forward. Since its inception, Lusail University has positioned itself as a transformative force in Qatar's educational landscape. With a mission to offer quality education grounded in values and geared toward innovation, the university continues to expand its academic and cultural footprint. The ceremony was more than a commencement—it was a powerful affirmation of Lusail University's role in preparing Qatar's youth for leadership in the fields of law, business, education, and beyond. As the graduates walked across the stage to receive their diplomas, applause echoed not just in the hall but across a nation that sees in them the promise of a brighter, more dynamic future. A future shaped by knowledge Lusail University's second graduation ceremony was a resounding reminder that education is not merely a process but a catalyst for national progress. With each student who steps out of its classrooms, the university affirms its purpose: to educate, to inspire, and to lead. In the words of Dr Hindi: 'We are not only celebrating what has been achieved, but what is yet to come. These graduates are the architects of our future, and we are proud to have been part of their journey.'
Qatar Tribune
23-05-2025
- Business
- Qatar Tribune
QFZ partners with Safran for aerospace innovation in Qatar
Tribune News Network Doha Qatar Free Zones Authority (QFZ) and Safran, an international high-technology group, operating in the aviation, defense and space markets, announced the establishment of Safran's corporate office in Qatar's free zones, laying the groundwork for a new era of innovation and excellence in aerospace and defense activities in Qatar and the region. The announcement follows an agreement between QFZ and Safran, signed by Sheikh Mohammed Bin Hamad Bin Faisal Al-Thani, CEO of QFZ, and Christophe Bruneau, Executive Vice President and General Manager, Military Engines at Safran Aircraft Engines, on the sidelines of their participation at Qatar Economic Forum 2025. The signing ceremony brought together high-ranking officials and representatives from both entities. Safran's establishment in QFZ marks an initial strategic move underscoring its commitment to support aerospace and defense activities in Qatar. The new corporate office establishes a clear pathway for Safran's future expansion, taking account of business growth, operational needs, and opportunities within the Qatari and regional markets. The office will be first operated by Safran Aircraft Engines and will serve as a center for its aircraft engines commercial and support activities, leveraging QFZ's fully integrated aerospace and defense platform to access key partners, new customers, and high-potential markets, benefitting from Qatar's unparalleled connectivity and strong supply chain capabilities. Safran's operations in Qatar's free zones support the company's wider vision to contribute to a safer and more sustainable world through environmentally friendly, comfortable and accessible air transport. The new facility is planned to form an integral part of Safran's extensive global network that spans 276 locations across 27 countries with over 100,000 employees. Sheikh Mohammed Bin Hamad Bin Faisal Al-Thani, CEO of Qatar Free Zones Authority (QFZ), commented on the occasion: 'Safran's presence in our free zones marks a pivotal step in reinforcing Qatar's position as a premier hub for innovation and collaboration in the aerospace and defense sector. This partnership is fully aligned with our mandate to accelerate economic diversification and sustainable development in alignment with Qatar's National Vision 2030 and Third National Development Strategy. Today, our multimodal transport ecosystem receives a significant boost, as we welcome yet another global leader into our industrial landscape. World-class companies continue to choose our free zones for the unparalleled competitive advantage they offer: seamless connectivity, strategic geographic location, and a pro-business environment, further fostering cross-border cooperation, knowledge exchange, and long-term capacity building.' Christophe Bruneau, Executive Vice President and General Manager, Military Engines at Safran Aircraft Engines, said: 'We are pleased to partner with Qatar Free Zones Authority and open this new office in this dynamic and attractive country, Qatar, in the GCC region. This decision reflects our engagement to strengthen our long-standing and trusted relationship with our customers and contribute to Qatar's economic growth and its aspirations under Qatar National Vision 2030. We are excited about the opportunities ahead and look forward to driving enhanced outcomes in the already flourishing aerospace sector in Qatar and the region.' As part of its long-term vision, QFZ is actively forging strategic partnerships with leading local and global enterprises to build a dynamic, innovation-driven ecosystem that promotes advanced technologies, research and industrial capabilities. By attracting world-class companies to its zones, QFZ continues to play a vital role in advancing Qatar's national development priorities while contributing to the growth of globally significant sectors.
