DOHA. The Qatar Financial Center Regulatory Authority (QFCRA) has granted a license to global investment bank Lehman Brothers to operate as an authorized firm in the Qatar Financial Center (QFC). The company, which is also exploring other opportunities in the Middle East, plans to offer a range of investment banking and capital markets services in Qatar and Dubai, where it was granted a license last year. Lehman Brothers has also established a strategic relationship with the Qatar Investment Authority (QIA) to capitalize on principal investment opportunities. This will help further the QIA’s strategy to develop partnerships with a limited number of leading commercial groups, investment organizations and financial institutions. Jeremy Isaacs, the chief executive officer of Lehman Brothers Europe & Asia said, “Lehman Brothers is laying the foundation for a strong and successful business in the Middle East. The region is very important to the firm and we look forward to developing new client relationships, as well as growing existing relationships, in 2007 and beyond.” Lehman Brothers serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals. The QFCRA regulates financial services firms that conduct regulated activities in, or from, the QFC.

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