Key Financial Centres in the Middle East and Africa: Part Two

Key Financial Centres in the Middle East and Africa: Part Two

The following presented will showcase key financial hubs in the MEA region, which is based on the thirtieth edition of the Global Financial Centres Index (GFCI 30) . Published on 24 September 2021, the GFCI 30 provides evaluations of future competitiveness and rankings for 116 financial centres around the world. After looking at the first part of two, the following will now highlight the remaining higher-ranked MEA financial centre hubs: Bahrain Manama is the capital and largest city of the small Kingdom of Bahrain. Despite its small size, Bahrain is home to more than 350 licensed financial institutions, representing a rich mix of international, regional and local names. The financial sector is one of the most important non-oil sectors in the Kingdom’s economy, which accounts for more than 17 per cent of its gross domestic product ( GDP ). Via the GFCI ranking Bahrain ranked at 71 st . Doha The capital and largest city of the wealthy nation of Qatar, Doha aspires to be a leading financial services hub. Qatar Financial Centre (QFC) , which is a business and financial centre, aims is to promote Qatar as an attractive business destination at the crossroads between East and West, according