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QFC welcomes UAE-based investment firm Shorooq to Qatar

QFC welcomes UAE-based investment firm Shorooq to Qatar

The Qatar Financial Centre (QFC) has welcomed Shorooq Doha Advisory Services, a UAE-based investment firm, following its receipt of initial authorization from the QFC Regulatory Authority. This addition strengthens QFC's financial services community and further develops Qatar's regional investment ecosystem. Shorooq recently launched a $200mn late-stage growth fund, the Qatalyst Series, backed by the Qatar Investment Authority (QIA) and other sovereign and institutional investors.

This fund targets late-stage and pre-IPO technology companies across the GCC, addressing a long-standing growth-capital gap and strengthening pathways to public-market readiness. QFC CEO Mansoor Rashid al-Khater welcomed Shorooq's establishment in Qatar, highlighting the firm's contribution to the development of Qatar's venture capital and startup ecosystem and its role in reinforcing the country's position as a hub for innovation-led growth across the region.

Brief written by urgent.news from Gulf Times Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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