The Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centres, has signed a memorandum of understanding (MoU) with LexisNexis, a leading global provider of legal, regulatory and business information and analytics.

The agreement promotes mutual collaboration on a number of key areas, including providing firms licensed on the QFC platform with special advantages within the LexisNexis range of services, including free trial access to certain services, discounted subscriptions, and a number of other benefits.

The agreement came at the sidelines of the third Qatar Business Law Forum and Awards, which was hosted by LexisNexis in partnership with the Ministry of Commerce and Industry (Department of Legal Affairs), Qatar University (College of Law), and the Association of Corporate Counsel (ACC) Middle East.

During the forum, QFC chief executive Yousuf Mohamed al-Jaida gave a presentation “Qatar Business Climate and the Role of the QFC Platform”, focusing on Qatar’s economic development, the QFC’s role in strengthening the economy, and the many unique benefits offered by the QFC platform.

"The Qatar Business Law Forum and Awards provides a valuable platform for the QFC to join other key decision makers to discuss key legal matters that impact the local business environment. Our participation in the event serves as an indicator of the economic importance of the QFC platform and its contribution to supporting business set-up and growth,” al-Jaida said.

Moderated by Mubarak al-Sulaiti, chairman, Al-Sulaiti Law Firm; other panel speakers included Sheikh Thani bin Ali al-Thani, founder, Thani Bin Ali Al-Thani Law Firm; Dr Yassin El Shazly, Assistant Professor, Qatar University and Legal Counsel, Ministry of Commerce and Industry, and Hussam Tantawy, senior legal consultant and general manager, Al-Sulaiti Law Firm.

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