Ruto Oversees Landmark Kenya–Qatar Financial Cooperation Agreement

Signed in Doha, the agreement focuses on reducing regulatory barriers to allow firms licensed in either jurisdiction to operate more seamlessly in both markets, paving the way for greater investment mobility and business expansion. - Kenya breaking news | Kenya news today | Capit..

✨ Key Highlights

Kenya and Qatar have signed a landmark financial cooperation agreement, with President William Ruto overseeing the deal between the Nairobi International Financial Centre Authority (NIFCA) and the Qatar Financial Centre (QFC). This aims to bolster financial integration and attract investments between the two regions.

The agreement was signed in Doha, focusing on reducing regulatory barriers to enhance investment mobility.
Main organizations involved are the Nairobi International Financial Centre Authority (NIFCA) and the Qatar Financial Centre (QFC).
A key pillar of the cooperation is the joint development and promotion of Sharia-compliant financial instruments, including Sukuk and green Sukuk.