Qatar Financial Centre strategy to extend past 2010

Dubai: Qatar Financial Centre (QFC) Authority on Tuesday said its board of directors has endorsed a new strategic focus for the QFC Authority as it moves into 2010 and beyond.

The authority is creating three specific hub strategies concentrating on asset management, re-insurance and captive insurance. The new strategies mark the next phase of the development of the QFC Authority.

Since its inception in 2005, the QFC has helped build the financial services sector in Qatar.