The QFC Ashmore Group partnership is set to boost Qatar’s financial services. On Sunday, Qatar Financial Centre (QFC) signed a Memorandum of Understanding (MoU) with the Ashmore Group. The signing took place during the Qatar Economic Forum 2025.
Ashmore Group, a leading asset manager in emerging markets, currently manages $46.2 billion. This new MoU strengthens Qatar’s capital markets by encouraging collaboration and promoting innovation in asset management.
One of the key goals of the agreement is to nurture local talent. Both sides aim to train and empower professionals in the financial services industry. This aligns with Qatar’s National Vision 2030, which focuses on building a diversified, knowledge-based economy.
Yousuf Mohamed Al-Jaida, CEO of QFC, welcomed the partnership. He said, “Ashmore Group brings deep experience in asset management. By joining forces, we aim to introduce global best practices and expand innovative investment options in Qatar.”
Mark Coombs, CEO of Ashmore Group, also highlighted the long-standing relationship between Ashmore and Qatar. He said, “We are excited to build on our history of investing in Qatar. Our goal is to help grow the financial services sector and raise Qatar’s global profile as an investment hub.”
In fact, this partnership comes shortly after Ashmore opened a new office in Qatar under the QFC platform. This step supports local investment efforts and enhances engagement with regional investors.
Moreover, the QFC Ashmore Group MoU paves the way for a more dynamic and globally connected asset management landscape in Qatar. It represents a strategic step forward in positioning the country as a key player in international finance.
With this agreement, QFC and Ashmore show strong commitment to shaping a robust, forward-looking investment ecosystem in the region.
