Doha, September 09 (QNA) - Qatar Financial Centre (QFC) today announced a new agreement with Bloomberg Media Group , further advancing Bloomberg's presence and editorial coverage in the region. The agreement includes a remote Bloomberg Television studio for live reports at the QFC in Doha, adding the major financial capital to existing remote locations in Riyadh and Abu Dhabi, as well as Bloomberg Television's Middle East and Africa broadcasting hub in Dubai.

The remote Bloomberg Television studio was launched at the QFC's headquarters today, in the presence of HE Minister of Commerce and Industry Ali bin Ahmed Al Kuwari, senior QFC leaders and those in charge of financial sector in Qatar.

Starting this month, Simone Foxman of Bloomberg News will report regularly for Bloomberg Television out of the new Doha location. These television reports will be broadcast into Bloomberg Television's primetime morning show Bloomberg Daybreak: Middle East, which airs Sunday through Thursday at 8 am GST out of Dubai.

"We are honored to be bringing the global business media ingenuity and experience of Bloomberg to Qatar, and we believe the addition of the Bloomberg studio at the QFC further underscores the nation's position as a thriving international media hub. Broadcast live from the heart of Doha's financial district, Bloomberg Televisions audience will have access to accurate and high quality reporting." says Chief Executive Officer, QFC Authority Yousuf Mohamed Al-Jaida .

"Building on our existing coverage of the region, this agreement will ensure more regular televised news from Qatar. Increasing our regional presence means we can give our viewers more content on the news that interests them," says Executive Editor for Middle East and North Africa, Bloomberg News Riad Hamade.

"This agreement is a natural step as we expand our presence across the Middle East's leading financial centers. Our audiences are increasingly focused on the financial markets in the region and we've responded with a larger offering," adds Parry Ravindranathan, President and Managing Director of Bloomberg Media - International.

These television reports will be broadcast into Bloomberg Television's primetime morning show Bloomberg Daybreak: Middle East, which airs Sunday through Thursday at 8 am GST out of Dubai. Bloomberg's coverage of the region has continued to expand in recent years with the launch of regionally focused editorial platforms in 2016 and regular events.

The QFC is an onshore business and financial centre located in Doha, providing an excellent platform for firms to do business in Qatar and the region. The QFC offers its own legal, regulatory, tax and business environment, which allows up to 100% foreign ownership, 100% repatriation of profits, and charges a competitive rate 10% corporate tax on locally sourced profits. The QFC welcomes a broad range of financial and non-financial services firms.

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The companys strength delivering data, news and analytics through innovative technology, quickly and accurately is at the core of the Bloomberg Terminal.

Bloomberg's enterprise solutions build on the companys core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. (QNA)