Qatar Financial Centre Authority (QFC Authority) has signed a Memorandum of Understanding (MoU) with Labuan IBFC Inc, to develop long term cooperation and boost economic and financial sector ties between the two financial centers.
The MoU, which Chief Executive Officer of QFC Yousuf Mohamed Al-Jaida and Chief Executive Officer of Labuan IBFC Inc Farah Jaafar-Crossby signed on April 15 of 2021, entails a commitment to collaborate on certain objectives including, but not limited to, marketing, awareness activities and identification of mutually beneficial initiatives