QFC and Ahli Bank collaborate to strengthen fintech in Qatar

QFC and Ahli Bank to Strengthen FinTech in Qatar-GCC Business News
Image via QNA | Cropped by GBN
By Staff Writer, GCC Business News

The Qatar Financial Centre (QFC) has signed a Memorandum of Understanding (MoU) with Ahli Bank to collaborate on strengthening fintech innovation, accelerating digital transformation, and supporting the development of Qatar’s financial services sector.

Under the agreement, both parties will utilize the QFC Digital Assets Lab to develop digital financial solutions and explore use cases related to digital assets and tokenization.

The collaboration supports the development, testing, and validation of emerging financial technologies within a structured innovation framework.

The partnership will bring together technology providers, startups, and wider ecosystem stakeholders to support the advancement, adoption, and commercialization of fintech solutions.

In addition, the MoU includes plans to launch pilot programs with QFC-registered technology firms to facilitate the transition of solutions from development stages to practical implementation.

The agreement sets out cooperation on joint events, workshops, and knowledge-sharing initiatives aimed at strengthening industry engagement and enhancing technical capabilities across the financial sector. Both organizations will continue coordination to align strategic priorities and identify additional areas of collaboration as the partnership progresses.

Mansoor Rashid Al Khater-Qatar Financial Centre-Ahli Bank MoU
Mansoor Rashid Al Khater
Qatar Financial Centre CEO

“This MoU with Ahli Bank marks a significant step in our efforts to build a dynamic and forward-looking financial ecosystem in Qatar. By combining our strengths and leveraging the QFC Digital Assets Lab, we are creating the conditions for fintech innovation to thrive and for digital financial solutions to move from concept to market. We look forward to working closely with Ahli Bank and the broader ecosystem to drive meaningful progress in digital transformation across the sector.”

Hassan Alefrangi, Chief Executive Officer of Ahli Bank, noted that, “At Ahli Bank, we see innovation and strategic collaboration as key enablers of the future of banking. Our partnership with Qatar Financial Centre reflects a shared ambition to support the growth of fintech and accelerate digital transformation across the financial sector. Through this collaboration and Ahli Bank’s strong presence on the ground, we look forward to exploring opportunities that strengthen digital capabilities, encourage knowledge exchange, and contribute to the development of a more agile and progressive financial landscape in Qatar.”

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