The Qatar Financial Centre (QFC) is a global business and financial centre located in Doha, the capital city of Qatar. Its onshore platform provides opportunities to expand to and from the Middle East. The QFC was established in 2005 with the intention to provide an environment solely to attract international and domestic financial services institutions and service providers in support of those institutions. However, QFC qatar now accepts applications for business registration from other types of service providers which are not associated with the financial services sector, for example, in the fields of management consultancy, recruitment, sports and entertainment. Its primary goal is to diversify Qatar's economy and promote the growth of the financial services sector in the country.