The Chief Executive Officer of the Qatar Financial Centre (QFC), one of the world's leading and fastest growing onshore business and financial centres, was recently selected as one of the winners of the CEO Today Middle East Awards 2019.

Yousuf Mohamed Al-Jaida, CEO, QFC, was selected by the CEO Today Middle East Awards, which is organised annually by the internationally-acclaimed CEO Today Magazine. The awards recognise the most accomplished companies and their C-level executives who have demonstrated significant regional influence, as well as leadership on a global stage. Winners are selected through a lengthy and rigorous process which involves careful evaluation of nominations, validation of nominees' background and achievements, and of the organisations they lead.  

In compiling the annual Middle East CEO Awards, CEO Today's research team draws on the views of thousands of stakeholders including investors, analysts, employees, and media professionals worldwide.

Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC Authority said: "It is an honour to receive a CEO Today Middle East Award and be counted among great business leaders in the region. This award is a reflection of the QFC's achievements in driving foreign investments into the Qatari market and in meeting the evolving needs of its clients to grow and expand in Qatar and beyond."

Al-Jaida added:

"The success of our clients has been a significant contributor to diversifying Qatar's economy, and consequently, in contributing to the region's economic growth. We are therefore delighted to be recognised for our collective efforts through this prestigious award."

The QFC is an onshore jurisdiction that allows registered companies to enjoy competitive benefits, such as working within a legal environment based on English common law, the right to trade in any currency, up to 100% foreign ownership, 100% repatriation of profits, 10% corporate tax on locally sourced profits, and an extensive double taxation avoidance agreement network with 70+ countries.