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Qatar Development Bank to launch the “QDB Investment Forum”

Doha, Qatar, April 22, 2018: As part of its commitment to promote innovative Qatari entrepreneurs and diversify the economy, Qatar Development Bank is launching the “QDB Investment Forum”, which is going to be held on the May 1, 2018, at the Hilton Hotel in Doha. During the Forum, Qatari Entrepreneurs, both start-ups as well as established ones, will meet with local and international investors, including international VC funds and QDB. The bank will reflect upon its achievements in contributing towards the development of Entrepreneurial Ecosystem in Qatar during the event. The booming Qatar economy and buoyed investors’ sentiments over the past few years have propelled Qatar Development Bank to offer numerous unique schemes aimed to further the Qatari economy growth momentum. With these efforts, QDB intends to ......read more

Al Khaliji Reports a 5.3% Growth in Net Profit for Q1 2018

Net Interest Income of QAR 244 million, grew by 5.7% year on year Increased Operating Income of QAR 316 million Operating expenses were QAR 81 million, 3% lower compared to Q1, 2017 Net profit of QAR 169.6 million, an increase of 5.3% year on year The Capital Adequacy ratio at quarter-end stood at a healthy 16.6% Doha, April 21, 2018:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the quarter ended 31 March 2018 today with a Net Profit of QAR 169.6 million for the quarter. This represents an increase of 5.3% over its financial results for the same period of last year   His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Chairman and Managing Director stated: "al khaliji is starting the year 2018 with a solid financial ......read more

QDB Launches the SME Tool Kit to give extra support to Local Entrepreneurs

Doha, Qatar, April 17, 2018:   Envisioning to empower Qatari SMEs to harness growth, Qatar Development Bank (QDB) announced the launch of the first of its kind "SME Toolkit: Policies and Procedures Guidelines for SMEs owners" during a press conference held on Sunday, April 15 at the four Seasons hotel. The press conference was attended by Mr. Abdulaziz bin Nasser Al-Khalifa, Chief Executive Officer of Qatar Development Bank, and Mrs. Farah Al-Kuwari, Statistics & Research Manager at the Bank, as well as media representatives. The launch of the SME Toolkit is part of QDB’s continued commitment to strengthen the SME sector in Qatar, through holistic solutions that provide access to more than just financial services. The SME Toolkit, which is available on QDB website, offers entrepreneurs and SMEs all the ......read more

Barwa Bank announces the April draw winners of its Thara'a savings account prize

Doha, Qatar – 16th April 2018 –   Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of its April’s draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As the draw results showed, Ahmad Mohd Al-Mohannadi and Sumaya Mehdar Alyafei each won a cash prize of QR 50,000. Also, a cash prize worth QR 25,000 was awarded to Abdulrahman Mohamed Fakhroo, and Hessa Saleh Alaqili, respectively. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Economy and Commerce. Thara’a offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari riyals, a first for Islamic banks in Qatar. ......read more

QNB Group Financial Results For The Three Months Ended 31 March 2018

Doha, 10 April 2018:  QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2018. For the three months ended 31 March 2018, Net Profit reached QAR3.4 billion (USD0.9 billion), up by 7% compared to previous year. Total assets increased by 12% from March 2017 to reach QAR834 billion (USD229 billion), the highest ever achieved by the Group. Key driver of growth in total assets was from loans and advances which grew by 12% to reach QAR598 billion (USD164 billion). Also QNB Group was successful in attracting funding, which resulted in increased customer funding by 12% to reach QAR604 billion (USD166 billion). This enabled the Group to maintain its loans to deposits ratio at 99%. The Group’s prudent cost control policy and strong ......read more

Barwa Bank's Agm Approves 14% Cash Dividend for Shareholders

A strong performance in total asset standing at 48,6  billion QR, driven by a strong growth in the finance portfolio that reached 31.7 billion QR. Customer deposits reached 26.5 billion QR.  Doha – Qatar, April 04, 2018:  Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, convened its Annual General Meeting (AGM) on 3rd April 2018, chaired by HE Sheikh Mohamed Bin Hamad Bin Jassim Al Thani, Chairman of the Board and Managing Director, with an 82% shareholder attendance, at the Four Seasons Hotel.   During the AGM, all items on the agenda were discussed, such as hearing and approving the Board's Report for the year that ended December 31, 2017, as well as discussing and approving the group’s future business plans. This also came in line ......read more

Al Meera Consumer Goods Company (Q.S.C) holds its Annual Ordinary General Assembly Meeting for the year 2018

Doha, Qatar – March, 2018:   Al Meera Consumer Goods Company (Q.S.C) held its Annual Ordinary General Assembly on Tuesday, 27th March 2018 at La Cigale Hotel, in the presence of Sheikh Thani Bin Thamer Bin Mohamed Al Thani, Chairman of the Board of Directors, as well as members of the Board of Directors, shareholders and investors.  All items on the agenda were discussed, such as hearing and approving the Board's Report for the year ended 31st December 2017, along with discussing and approving the Company's future business plans. This also came in line with hearing the External Auditor's Report of the year ended 31st December 2017. The company’s financial statements for the year ended 31st of December 2017 were also discussed. The Assembly approved the Board of Directors’ proposal on the ......read more

QDB renews Al Dhameen program portfolio agreement with QIIB

Doha- 12 March, 2018 -Buoyed by a strong two-year partnership, Qatar Development Bank (QDB) has once again renewed its agreement with Qatar International Islamic Bank (QIIB) for its very successful Al Dhameen program portfolio agreement, enabling further expansion of SMEs financing. The agreement was inked by Mr. Abdulaziz bin Nasser Al Khalifa, CEO of QDB, and Mr. Abdulbasit Ahmad Al-Shaibei, QIIB Chief Executive Officer, at the QDB head office on March 12, 2018.  ther dignitaries present during the ceremony included QIIB Deputy CEO Mr. Jamal Al-Jamal, Sheikh Abdulaziz bin Abdullah Al Thani, Chief of Corporate Banking at QIIB, Mr. Khalid Abdulla Al Mana, Executive Director of Business Finance at QDB, and Mrs. Jawaher Al-Noaimi, Al Dhameen Manager at QDB. With this signing agreement, they have once again renewed the program ......read more

Barwa Bank announces the March draw winners of its Thara'a savings account prize

Doha, Qatar – March 20, 2018 –   Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the most recent round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.  As the draw results showed, Mr. Mohamed Omar Abdalkader and Mr. Khaldoun Nachawi each won a cash prize of QR 10,000. Also, a cash prize worth QR 5,000 was awarded to the following bank clients:  Ms. Sara Jabor AL-Kubaisi, Mr. Ziyad Mohamed Marouf, Mr. Abdulaziz Ibrahim AL-Shaar, Mr. Nyla Abdul Rasheed, Mr. Yousif Belal AL-Abdulla, Mr. Saed Mubarak Al-Hajri, Ms. Almayasa Mohd AL-Anqar, Mr. Mohd Shbhi AL-Anqar, Ms. Bashaer Ameer AL-Mulla, Ms. Noora Saleh AL Shahwani, Ms. Maha Mohammed Alqatouni, Ms. Aysha Essa ......read more

QDB successfully conducts ‘Business modeling' course

Doha, Qatar – March 18, 2018:   Qatar Development Bank (QDB) in collaboration with Strategyzer imparted a specially designed course ‘Business modeling and value proposition design’ for low-medium startups and entrepreneurs supported by the bank. The course was conducted at the Marriot Marquis – city center in Doha from 25 to 28 February 2018.  The course aimed at providing participants a platform to learn and develop invincible business models by working through case studies, visually engaging examples and hands-on exercises. The four-day long training session was attended by 27 entrepreneurs and covered various topics like the business model Canvas, identifying customer jobs, prototyping business models, pitching business models, talking to your customers, testing business models, where ......read more

Shareholders approve raising QIC Group's capital to QAR 3.2 billion at AGM

Shareholders approve recommended distribution of cash dividend payout of 15%  Doha, Qatar, March 04, 2018:  Despite being a challenging year, in 2017 Qatar Insurance, the leading insurance Group recorded strong operational performance, coupled with robust premium growth, taking Gross Written Premium (GWP) to QAR 11.7 billion, up by 18% vis-à-vis the same period in 2016. The underwriting results for the Group for the year 2017 amounted to QAR 115 million. QIC Group’s consolidated net profit for the full year 2017 came in at QAR 418 million.  The Annual General Meeting that was held yesterday at the Four Seasons Hotel was chaired by Abdulla bin Khalifa Al-Attiya, Deputy Chairman of the Board of Directors. The shareholders discussed the Group’s annual performance and approved increase in the ......read more

QIC Group to increase capital from QAR 2.7 billion to QAR 3.2 billion

Shareholders approve recommended distribution of cash dividend payout of 15% Doha, 25 February, 2018: Despite being a challenging year, in 2017 Qatar Insurance, the leading insurance Group recorded strong operational performance, coupled with robust premium growth, taking Gross Written Premium (GWP) to QAR 11.7 billion, up by 18% vis-à-vis the same period in 2016. The underwriting results for the Group for the year 2017 amounted to QAR 115 million. QIC Group’s consolidated net profit for the full year 2017 came in at QAR 418 million.  The Annual General Meeting that was held yesterday at the Four Seasons Hotel was chaired by Abdulla bin Khalifa Al-Attiya, Deputy Chairman of the Board of Directors. The shareholders discussed the Group’s annual performance and approved increase in the Company’s capital from QAR ......read more

QFBA join forces with MUFG to develop Qatari talent

DOHA, Qatar – 25 February 2018 –   The Qatar Finance and Business Academy (QFBA) recently signed an internship partnership with Mitsubishi UFJ Financial Group’s (MUFG) banking arm - The Bank of Tokyo-Mitsubishi UFJ, to host three Kawader internships at their Asian Offices in Singapore, Malaysia and Hong Kong.  The agreement between QFBA and MUFG is an extension of partnership wherein MUFG in 2015 hosted interns at their London offices, MUFG was the first organization to open the international platform for the Kawader program, and this year they offered placements in their Asian market. BTMU’s focus was to enhance knowledge and further support beyond border relationship between MUFG and Qatar.   Commenting on the partnership, Dr. Mohammed Abdullah Al Emadi, Acting CEO of QFBA, ......read more

Barwa Bank claims two sought-after titles at the European Magazine Global Banking & Finance Awards 2017

Doha, Qatar – February 17, 2018 –   In recognition of its service excellence and innovative efforts in the Islamic Banking sector, Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, walked away with two esteemed titles at the European Magazine Global Banking & Finance Awards 2017.  The bank was named the ‘Best Shariah-Compliant Bank’ in Qatar, while Barwa Bank Group CEO Mr. Khalid Yousef Al-Subeai claimed the country’s ‘Best Banking CEO’ title. Commenting on the occasion, his Excellency Sheikh Mohammed bin Hamad bin Jassim Al Thani, Chairman and Managing Partner of Barwa Bank Group, said: “The “Best Shariah-compliant Bank in Qatar” award, presented by The European Magazine Global Banking & Finance Awards 2017, is ......read more

Al Khaliji CFO attends focus group meet to review Business Studies - Accounting program at CNA-Q

Doha, February 12, 2018:   Al Khaliji Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, through its ongoing commitment to the communities in which it operates, continues to support students, by helping to build their knowledge to ensure academic excellence, which can in turn, enable them to gain the necessary expertise to achieve professional development and growth. In line with the Bank's commitment to play a more active role in supporting educational and social responsibility initiatives in Qatar and beyond, Mr. Shabbir Barkat Ali, Chief Financial Officer of al khaliji Bank, recently attended a focus group meeting at the College of North Atlantic - Qatar (CNA-Q). The focus group was a meeting of industry professionals tasked to analyze the local labour market needs and professional trends ......read more

al khaliji gives recognition to long-serving and outstanding employees during its annual staff gathering

Doha, February 3, 2018–   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, recently held its annual staff gathering at Marriott Marquis City Center Doha. The event honored employees, and felicitated staff who completed 10 years in the bank for their loyalty towards the bank and its customers. In addition to this, outstanding performances of 16 employees during 2017 were recognized at the event.  As part of the ceremony, attended by al khaliji Group Chief Executive Officer, Mr. Fahad Al Khalifa and the employees, al khaliji recognized the efforts of long-serving employees, awarding them with gifts and certificates of appreciation for their fruitful efforts over 10 years as well as accolated 16 employees for their exceptional performance.  The gathering commemorated the ......read more

Carnegie Mellon and Qatar Development Bank collaborate to meet real business needs of Qatar

Abdulaziz Bin Nasser Al-Khalifa sees cooperation with academia as a key to supporting aspiring entrepreneurs  DOHA, QATAR February 01, 2018:  Qatar Development Bank’s Abdulaziz Bin Nasser Al-Khalifa stated that collaborations with academic institutions like Carnegie Mellon University in Qatar (CMU-Q) improve the services and support available to aspiring entrepreneurs in Qatar. Al-Khalifa, who is CEO of Qatar Development Bank (QDB), was speaking at CMU-Q as a part of the Dean’s Lecture Series, a forum for leaders in business and government to discuss issues that affect the future of Qatar and the world.  Al-Khalifa discussed the role of competitions like Al Fikra, QDB’s national business plan competition that is organized in collaboration with CMU-Q. He noted, “CMU-Q played an integral role in ......read more

QDB organizes Product Certification Workshop to educate Qatari exporters on the requirements and standards of importing countries

As part of its continuous efforts to promote national products Doha, Qatar - January 25, 2018 –   Qatar Development Bank (QDB), through its export program ‘Tasdeer’, organized a Product Certification Workshop to raise awareness among Qatari exporters and introduce them to the requirements and standards of importing countries, as well as export procedures, as part of its continuous efforts to promote national products. The workshop took place yesterday on 24 January 2018 at the Oryx Rotana Hotel in Doha. The workshop addressed a number of important topics such as the compliance assessment process, product regulation orientations, the Middle East compliance program, and regulatory compliance tools. Standards, laws and export procedures, including documents necessary for the access of goods and products to ......read more

Al Khaliji Reports a Strong Increase of 29% in Net Profit for 2017

Earnings Release Full Year 2017  Net profit of QAR 551 million, an increase of 29% year-on year Net Operating Income reached QAR 1,215 million, up 5% compared to 2016 Operating expenses were QAR 335 million, 2% lower than the previous year The Capital Adequacy ratio at year-end stood at a healthy 16.7 %   Doha, January 24, 2018: Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the year ended 31 December 2017 today with a Net Profit of QAR 551 million for 2017.  The consolidated financial statements for the year ended 31 December 2017 were approved by the Board of  Directors of al khaliji during its meeting held in Doha on 24 January 2018. The figures are subject to Qatar Central Bank’s approval and AGA ......read more

CBRE Group, Inc. Named a World's Most Admired Company by Fortune Magazine for Sixth Consecutive Year

Dubai, UAE, January 23, 2018:  CBRE Group, Inc. (NYSE:CBG) today announced that Fortune magazine has named the company a World’s Most Admired Company in the real estate industry for the sixth consecutive year.  Fortune rates companies on nine attributes related to corporate performance. In 2018, CBRE was ranked second overall in the real estate sector (behind only Host Hotels & Resorts) and was among the top three companies on all nine attributes, including global competitiveness, people management, financial strength and long-term investment.  “Our continued recognition as a Fortune Most Admired Company reflects our people’s deep commitment to excellence and producing great outcomes for our clients every day.  We are very proud of their accomplishments,” said Bob Sulentic, president ......read more

Qatar Development Bank launches the 6th edition of Al Fikra National Business Competition

Doha, Qatar - December 7, 2017 –  With the aim of supporting Qatari entrepreneurs and nurturing their creative and innovate ideas toward achieving a diversified economic development in the State, Qatar Development Bank (QDB) has launched the sixth edition of its National Business Competition “Al Fikra” at a press conference held yesterday at its headquarters, in the presence of Ooredoo and Sasol the competition’s official partners, and Carnegie Mellon University-Qatar (CMU-Q) representatives, and a number of QDB officials. Al Fikra is an educational initiative to nurture and develop entrepreneurs in Qatar through workshops aimed at developing their entrepreneurial business ideas and transforming them into successful projects. The competition also aims to encourage them to establish new companies and ......read more

al khaliji organizes session titled “Risk Management Best practices” for Qatar University students

Doha, November 15, 2017:  In the framework of its social responsibility plan, Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, recently organized an informative session titled “Risk Management Best practices” to students of Banking and Finance at Qatar University.  The session was hosted by Mr. Oliver Schwarzhaupt, al khaliji’s Group Chief Risk Officer, who discussed the different ways university students can explore the field of banking and finance through special initiatives and activities. Through the special event, al khaliji has put its many years of experience and the expertise of its senior executives at the fingertips of Qatar’s younger generation of aspiring professionals, while helping them to gain a new perspective on banking and finance as a sound ......read more

The Qatar Orphan Foundation “Dreama” receives support from al khaliji Bank

Doha, Qatar - 12 November 2017:  Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, has provided support to the Qatar Orphan Foundation “Dreama”. This comes within the framework of the Bank's social responsibility program, and to serve common humanitarian issues, in support of Dreama’s efforts. The support was delivered by Mr. Hamad Al Kubaisi, the Group’s Head of Human Resources and Administrative affairs, and Ms. Rana Ahmad Al Assaad, Head of Personal Banking, during their visit to Dreama. Mr. Ahmed Hussain, Head of Support Services Department, received support on behalf of Dreama. Al Khaliji is keen on advancing its social responsibility program, and is always committed to supporting human development within the community, emanating from the bank’s core values of ......read more

Al Khaliji Reports a Net Profit of QAR 454 Million for Q3, 2017

Net Operating Income reached QAR 932 million, up 7% compared to the same period in 2016 Operating expenses were QAR 255 million, 5% lower than the same period in 2016  Net profit of QAR 454 million, an increase of 7% compared to the same period last year Customer Deposits grew by 8% year on year to QAR 32.2 billion   Doha, October 24, 2017:  Al Khalij Commercial Bank (al khaliji) P.Q.S.C., announced its financial results for the  nine months to September 30, 2017, reporting a Net Profit of QAR 454 million. This was driven by strong growth of 7% in operating income, effective cost management leading to lower operating expenses and continued prudent provisioning on the credit and investment portfolios.   His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Chairman and Managing Director ......read more

Barwa Bank announces the October draw winners of its Thara'a savings account prize

Doha, Qatar – 15th October 2017:  Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the October draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.  As the draw results showed, Sheikh Ahmad Nooh Al-Thani and Ms. Seham Balawni each won a cash prize of QR 50,000. Also, a cash prize worth QR 25,000 was awarded to the following bank clients: Mr Abdulla Ali Al-Khulaifi, Mr Abdualla Mohammad Al-Kaabi, Mr Surya Prakash Kanchinadham, and Ms Reema Mohamed Al-Maadeed.  The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Economy and Commerce. Thara’a offers account holders the chance to benefit from ......read more

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Inaugural OBG Business Barometer: Qatar Ceo Survey Published…

Country is adapting to challenges, results indicate   Doha, February 06, 2018:  Almost all decision-makers interviewed for the first release of the Business Barometer: Qatar Survey carried out by Oxford Business Group (OBG) remain upbeat about the local business environment, despite the ongoing boycott implemented by some of its GCC neighbours.   As part of its survey, ......read more

Barwa Bank announces the September draw winners of its Thara'a savings account prize…

Doha, Qatar – 13 September 2017:  Barwa Bank, Qatar's the most recent Shari’ah compliant banking service provider, announced the names of the most recent round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.  As the draw results showed, Mr. Hassan Ahmed A M AL-Mutawa, Mr. Nasser Mohd N AL-Tamimi, Mr. ......read more

QFBA launches Kawader program for the fifth year in a row…

DOHA, Qatar – 12 September 2017:  In light of its ongoing successes, Qatar Finance and Business Academy (QFBA), in cooperation with the Qatar Financial Centre (QFC) Authority  and the country’s banking sector, is launching the new academic term of its Kawader program for the fifth consecutive year, which kicked off on September 10 and will conclude on December 14, ......read more

Credit FAQ Discusses Potential Implications Of Qatar Boycott For Gulf Cooperation Council Sovereigns…

LONDON (S&P Global Ratings) Aug. 9, 2017:  In a Credit FAQ titled "Potential Implications Of Qatar Boycott For Gulf Cooperation Council Sovereigns," published today, S&P Global Ratings responds to questions that have surfaced in recent discussions with issuers and investors about the implications of the Qatar boycott by a group of states for the Gulf Cooperation Council ......read more

TFI Acquisition of Income Yeilding Asset in Germany…

8 August 2017 – Qatar, Doha -  The First Investor (“TFI”), a subsidiary of Barwa Bank Group and the leading Qatari closed shareholding investment banking firm, recently announced the completion of the acquisition of a prime Stuttgart office property via its TFI Europe Income Fund (“The Fund”).  Located in Stuttgart and leased to one of the leading German ......read more

al khaliji launches its new Personal Loan for Qataris as part of the Bank's Summer Campaign…

Doha, August 05, 2017:  Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, is offering qualified employees the chance to spend an unforgettable summer and enjoy a worry-free shopping season with the launch of its new Personal Loan for Qataris, as part of the Bank’s Summer Campaign. The new offer, valid until 30 September 2017, provides registered ......read more

Qatar-Based Seib Insurance and Reinsurance Co. LLC Outlook Revised to Positive; ‘BBB', ‘gcAA' ...…

In a short span of one year May 30, 2017 – Doha, Qatar:  In light of its exceptional growth and outstanding performance throughout the past year, Seib Insurance and Reinsurance Company LLC (Seib) S&P Rating has revised its outlook of Seib to positive from stable and affirmed its BBB counterparty credit and insurer financial strength ratings and is also affirming its gcAA Gulf ......read more

Doha Bank Won the “Best Bank Governance – Qatar 2017”…

Dubai, May 23, 2017:  Doha Bank won the “Best Bank Governance – Qatar 2017” at Capital Finance International (CFI) co Awards 2017 in Second week of May 2017 at London.  In recognition of the award, Dr. R. Seetharaman Doha Bank CEO said “The Best Bank Governance award is a recognition for Doha Bank Board for its active involvement in promoting excellence in ......read more

Barwa Bank honored as “Leading Bank in Islamic Services and Products in Qatar” by the World Union ...…

Doha, Qatar – 22 May 2017:  Barwa bank, Qatar's most progressive Shari’ah compliant service provider, has received the award of ‘Leading Bank in Islamic Services and Products in Qatar’ at the ‘The Arab Banks Awards & Commendations of Excellence 2017’, which was organized by the World Union for Arab Bankers (WUAB) on May 12th in Beirut.  The ......read more

Doha Bank Wins “Best Regional Commercial Bank” at Banker Awards 2017…

Dubai, May 14, 2017:  Doha Bank has been named the 'Best Regional Commercial Bank' for the fifth time in a row at the Banker Middle East Industry Awards 2017. The awards were presented in Dubai on 11th May 2017 at Emirates Tower Hotel, Dubai. Dr R Seetharaman, Group CEO of Doha Bank, received the award on behalf of Doha Bank and said “To be recognised as the foremost ......read more

Doha Bank Exchange Traded Fund (ETF) in final phase…

Dubai, May 10, 2017:  Qatar Exchange and HSBC organized the Annual Investment Forum 2017 on 8-9 May 2017 at New York Palace Hotel.  Mr. Rashid Ali Al-Mansoori, Qatar Exchange CEO   said, “Qatar exchange aims to provide more products this year to encourage investments from global investors. The Exchange traded fund (ETF) is part of this initiative of Qatar Exchange. This would ......read more

Siemens wins EUR790 million substation contract in Qatar…

Biggest-ever contract for Siemens in Qatar Contract for 35 substations received from KAHRAMAA    Project supports country’s ambitions for a reliable power transmission network  Dubai, UAE, May 8, 2017:  State-owned utility Qatar General Water & Electricity Corporation (KAHRAMAA) has awarded Siemens the largest contract to-date in Qatar for the expansion ......read more

QNB Group inaugurates its Riyadh branch in Saudi Arabia…

QNB Group CEO: Entry into the Saudi market is due to QNB’s competitive edge Riyadh, 6th May 2017:  QNB Group, the largest financial institution in the Middle East and Africa, has inaugurated its branch in Riyadh, Kingdom of Saudi Arabia (KSA). Senior bank officials and distinguished representatives from the banking and business sectors attended an inauguration ceremony held under ......read more

Barwa Bank launches a new credit card in partnership with Qatar Charity…

Doha, Qatar – 03 May 2017 – In the framework of giving back to the community in which it operates, Barwa Bank, Qatar’s most progressive Shari’ah-compliant service provider, has launched the country’s first ever credit card that cares for the society, in partnership with Qatar Charity, during a press conference that was held on May 3rd at Sharq Hotel in presence of ......read more

Forbes Middle East honours Al Meera for its contribution in developing Qatar's economy…

Doha, Qatar – May 03, 2017 – Forbes Middle East, in partnership with the Minsitry of Economy and Commerce, recognized Qatar’s top 40 listed companies in a ceremony titled ‘Celebrating Qatar’s Success’, held recently at St. Regis Doha. During the ceremony, Al Meera Consumer Goods Company (Q.S.C), received an accodlade from Forbes Middle East in recognition of ......read more

al khaliji wins ‘Al Dhameen Best Partner Bank Award' for 2017…

Doha, May 03, 2017 – Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in recognition of its relentless support to local entrepreneurs and Small and Medium Enterprises (SMEs) in the country, has won “Al Dhameen Best Partner Bank Award” for 2017 by Qatar Development bank (QDB).  al khaliji claimed the coveted title following its ......read more

QIC Group reports 15% growth in GWP to QAR 3 billion in Q1 2017…

Doha, 26 April 2017:  Qatar Insurance, Qatar’s leading insurer in Qatar and the Middle East North African region has made a good start to the year by chalking up robust financial results for the first quarter of 2017.  The Board of Directors approved the consolidated financial results at the board meeting that was held recently. On the back of solid expansion across its ......read more

Milaha Reports Net Profit of QR 236 Million for Q1 2017…

April 25, 2017. Dubai, UAE- Qatar Navigation (Milaha) Q.P.S.C. announced its financial results for the three months ended March 31, 2017.   Key financial highlights: •    Operating revenues of QR 648 million for the three months ended March 31, 2017, compared to QR 767 million for the same period in 2016 •    Operating profit of QR 185 million for the three ......read more

Doha Bank Hosts Its Annual ‘Beach Clean-up' Event to Celebrate the Earth Day in Collaboration with ...…

Dubai, April 24, 2017: Continuing its efforts to spread the message of environmental protection and sustainable living, Doha Bank joined hands with Qatar’s Ministry of Municipality and Environment (MME) and the Al Wakra Municipality to host a ‘Beach Clean-up’ event at Al Wakra Beach, under the theme ‘Save The Beaches For The Future’ to show its commitment to the ......read more

Doha Bank achieves 2.9% profit growth with impressive ratios…

Dubai, April 19, 2017: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank's financial results for the first quarter of 2017. Net profit for the first quarter of 2017 recorded an impressive QAR 364 million as compared to QAR 354 million for the same period in 2016 showing an increase of 2.9%. H.E. Sheikh Fahad said ......read more

Barwa Bank announces the April draw winners of its Thara'a savings account prize…

Doha, Qatar – 16 April 2017 – Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of their most recent round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As such, Mr. Ali Laith Rasheed and Mr. Morad Mohamed Tonsi Mohamed Ragab each won a cash prize of QR ......read more

QIC Insured is the official insurance partner of the Qatar Motor Show 2017…

QIC Insured launches “Pay your full car insurance in easy installments” at the Qatar Motor Show Doha, 18 April, 2017: QIC Insured, the personal insurance division of QIC- Qatar’s leading insurer is the official insurance partner for this year’s Qatar Motor Show which starts from April 18 at the Doha Exhibition and Convention Centre (DECC). At the motor show, QIC Insured ......read more

The 34th International Finals of the Global Management Challenge concludes in Doha and the winners ...…

Doha, Qatar - April 15, 2017 – The 34th International Finals for the Global Management Challenge (GMC) competition has recently concluded in Doha, which was hosted by the Qatar Finance and Business Academy (QFBA), in cooperation with ADNAR Group, in the period from 10 to 12 April 2017. The final results of the GMC competition showed the National Team of Macau taking the lead, which scored ......read more

Doha Bank Re-ignites Qatar's Property Market with New Loan Offer at 3.99% with 12 Months Payment ...…

Dubai, April 13, 2017 – Doha Bank announced the launch of its new retail home loan offer which now features an interest rate of 3.99% for the first year. What makes this offer so irresistible is also the 12 months payment holiday offered to customers with a an option to get up to QAR 20,000 to offset the early settlement fees whenever you are transferring your home loan from another bank to ......read more

Changing dynamics make financial markets more volatile, says Doha Bank Group CEO…

Dubai, April 11, 2017: Doha Bank hosted a knowledge sharing event titled “New world order and opportunities” at Jumeirah at Etihad Towers in Abu Dhabi recently. The speakers at the event were Mr. Craig Wing, Partner and Future Strategist at Future World and Mr. Kamal Sharma, Director & G10 FX Strategist, Bank of America Merrill Lynch Global Research. Speaking at the event Dr. ......read more

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