Reported about 7 hours ago
Qatar is ramping up its initiatives to attract global financial firms, with Eduardo Saverin's B Capital among six venture capital firms setting up offices in Doha. The Qatar Investment Authority (QIA) is backing B Capital and others through its $1 billion venture capital program aimed at developing a local startup ecosystem. Competing with regional players like the UAE and Saudi Arabia, Qatar aims to become a financial hub as it expands its investments, especially in technology and healthcare.
Source: YAHOO