HSBC to Relocate its Qatar head office to Msheireb Downtown Doha

HSBC, a leading banking organisation in the Middle East, North Africa, and Turkey (MENAT), has announced plans to relocate its Qatar Head Office to Msheireb Downtown Doha, highlighting the area's growing importance as a global business destination.

In 2020, the bank opened its first digitally focused branch in Msheireb, located in the Galleria mall. With the move, the bank intends to strengthen its operations in one of the country's most sought-after areas.

According to Abdul Hakeem Mostafawi, CEO of HSBC Qatar, "Our relocation to Msheireb Downtown Doha, which is the heart of Qatar's economic expansion, is consistent with our business objectives and values of opening up a world of opportunity for growth and improving the banking experience for our customers. Msheireb Downtown Doha provides an ideal location within a modern, sustainable environment that supports our company's goals and values."

Msheireb Downtown Doha is emerging as a premier business district, attracting major multinational corporations and institutions. The district's prime location is enhanced by cutting-edge infrastructure and a commitment to sustainability. With this move, HSBC will join a growing list of major companies establishing operations in the region.

The Qatar International Media Office recently announced its relocation to downtown, emphasizing the city's growing status as a global business and media hub. Qatar Airways also announced plans to relocate its global headquarters to Msheireb Downtown Doha in 2025, cementing the area's reputation as a key international destination for major corporations.

Msheireb Downtown Doha continues to be Qatar's fastest growing neighborhood. With its strategic location, modern infrastructure, and sustainable design, the area is poised to play a key role in shaping Qatar's business environment.