Zurich-based Credit Suisse plans to open a technology and engineering hub in Qatar

September 6, 2022

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Zurich-based investment banking company, Credit Suisse plans to open a technology and engineering hub in Qatar as part of its expansion plans.

The hub, which will be in partnership with the Qatar Investment Promotion Agency (IPA), is expected to create 100 jobs over the next few years across its wealth management, investment banking, and asset management divisions. In a joint statement, the companies said, “This expansion will further strengthen the bank’s leading wealth management business, deepen the bank’s local footprint, and contribute to accelerating Credit Suisse’s development and digitisation in Qatar and the wider region.” Credit Suisse is present in over 50 countries and has been active in Qatar since 2006 through the Qatar Financial Centre (QFC) platform.

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