DOHA (Reuters) - Qatar wants to attract more sports companies to the Gulf state, aiming to develop a $20 billion (15.51 billion pounds) sports sector ahead of the 2022 World Cup, a senior official said on Sunday.
Qatar Financial Center (QFC) - which licenses foreign companies, mostly in the finance sector, to exempt them from local ownership laws - aims to license about 150 sports companies by 2022, including around 25 this year, QFC's CEO Yousuf Al-Jaida said at an event to announce the strategy. He did not give any names.