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

Doha, Qatar – 22 May 2019:   Barwa Bank, Qatar's most innovative Shariah compliant bank, announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, Almayasa Mohamad Al-Anqar and Noora Ebrahim Al-Abdulghani each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to the following bank clients: Morad Onaceur , Abdulrahman Ali Al-Yafei, Faisal Ali Al-Anssari, Musab Ahmed Ahmed, Mohammadali Abrahim Sayedali, Sana Al-Rashed, Joyce Maria Dsouza, Melvin Nitura, Azeez Mohammed Mohammed, Reem Eisa Al-Kawari, Nouraldain  Abualrub, Mohamed Ali Saheb, Ahmed Yasin Yacoub, Mohd Alawi Al-Yafei, Faisal Ali Al-Anssari, Nelo Mandayo Ferry, Jasir ......read more

Qatar Post celebrates the Holy Month of Ramadan and a year of record success with Annual Suhoor gathering

Doha, Qatar, May 18 2019:  Marking a year of milestone partnerships and developments for its business, Qatar Post held its annual Suhoor gathering for its employees, in celebration of the Holy Month of Ramadan, and of a record 2018 performance for the group.  The celebration took place on May 17, at the Ramadan tent in Kempinski Marsa Malaz Hotel.  In attendance were Qatar Post’s staff and senior leadership executives, among whom Mr. Faleh Mohammad Al-Naemi, Qatar Post chairman and managing director, shared with attendees the group’s successes in 2018, as well as a glimpse of future plans and strategic areas of focus.  “The overwhelming state support Qatar Post has received in the past year, incentivizing both governmental institutions and bodies to use our services at scale, was our ......read more

QIC Insured launches “Pay your car insurance in 12 easy installments”

Doha, May 01, 2019:  QIC Insured, the personal insurance division of Qatar Insurance, the leading insurer in the MENA region has launched the all new “Pay your car insurance in 12 easy installments” Applicable exclusive on purchase of full car insurance, now customers pay for their insurance in 12 easy installments at zero interest.  To take advantage of this new offer, customers can simply visit any branch of QIC Insured or simply log on to qic-insured.com and select the ‘Installments’ option in the payment page. Upon receipt of the first installment, customers will receive a payment acknowledgement and the comprehensive insurance policy will be emailed to the registered email address along with the scheduled dates for the remaining installments. Commenting on the launch of this new payment scheme ......read more

QDB announces accepting applications for registration in Al Furjan Markets Draw of phase 2 starting 1 May 21, 2019 through Al Furjan Markets mobile application

Doha- 29 April, 2019 –   Qatar Development Bank (QDB), in its continued quest to support the growth and competitiveness of the business sector in the state, announced the registration for the first batch of phase 2 of Al Furjan markets raffle draw to award retail space, starting May 01, 2019. The registration process for the first batch of Al Furjan Markets, which is located in Muaither South, Al Khor, Umm Al Qarn, Al Kharaitiyat will last for 30 days, and the bank is inviting all Qatari citizens to apply through Al Furjan mobile application to supervise the governance of the raffle process and to ensure total compliance and transparency.  An integrated electronic system has been developed to allow applicants to apply for the the first batch of phase 2 of Al Furjan markets through Al Furjan mobile application, ......read more

Al Khaliji Reports a 4% Growth in Net Profit for Q1 2019

Net profit of QAR 176 million, up 4% year on year Operating income of QAR 289 million, reflects growth in fee income of 5% on Q1, 2018 Operating expenses are 5% lower compared to the same period last year Significantly reduced impairments charges, down 51% year on year The Capital Adequacy ratio at quarter-end stood at a healthy 18.4% Doha, April 29, 2019:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the quarter ended 31 March 2019 today with a Net Profit of QAR 176 million for the quarter. This represents an increase of 4% 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: "We began the year on a solid footing, ......read more

QIC Group net profit increases by 15 % to QAR 272 million in Q1 2019

Gross written premiums at Q1 2019 stands at QAR 3.5 billion Doha, 29 April 2019:  Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region reports a net profit of QAR 272 million for the first quarter of 2019. The MENA markets continued to produce stable premiums with underwriting profitability, weathering geopolitical headwinds in the region. QIC’s international operations grew in select low-volatility segments and now account for 76% of its total portfolio. In Q1 2019 QIC adopted a more restrictive and selective approach to new business generation, reflecting the company’s continued focus on de-risking its book and placing more emphasis on low-volatility segments. Gross written premiums (GWP) remained stable at QAR 3.5 billion. The Group’s ......read more

Qatar Development Bank opens registration for “ROWAD Award 2019”

Under the patronage of His Highness the Emir of “ROWAD Award 2019”   Doha, Qatar, April 28, 2019: Under the patronage of His Highness the Emir Sheikh Tamim bin Hamad al-Thani, Qatar Development Bank (QDB) is pleased to announce the opening of registration for the second edition of Qatar Entrepreneurship award “ROWAD Award 2019”. This prestigious sponsorship is a testament to the leadership's keen interest in building the country's entrepreneurship ecosystem towards achieving economic diversification for sustainable development, in line with the Qatar National Vision 2030. Besides, Qatar topped the global entrepreneurship environment, according to the Global Entrepreneurship Monitor (GEM) report featuring 56 countries, which also confirms the leadership’s keenness in promoting ......read more

QIC Insured was the Platinum Sponsor of Football Championship organized by Hamad Medical Corporation

Doha, Qatar -  23 April, 2019:  QIC Insured, the retail arm of Qatar Insurance Group, the flagship insurer of the MENA region recently sponsored the Hamad Medical Corporation (HMC) Football Championship.  As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, the company’s role as a platinum sponsor highlighted its unilateral focus on being a responsible corporate citizen and demonstrated its full support to all sports activities and initiatives.  In view of the partnership, QIC Insured has provided special offers on car insurance, travel, home, personal accident benefit insurance & Anaya for HMC employees and their families. Commenting on the strategic partnership, Mr. Abdulla Y. Al Mulla, Group Chief Administrative Officer of QIC ......read more

Barwa Bank and ibq complete legal merger

Combined entity’s total assets are valued at more than QAR 80 billion Operational integration to be completed by Q4:2019 The first merger between banks in Qatar’s history The combined entity to operate under the “Barwa Bank” name Doha, Qatar, 22 April 2019 –   Barwa Bank has announced the official completion of its legal merger with International Bank of Qatar (ibq). The merger, which brings two of Qatar’s leading and most dynamic financial players under one roof, will establish a powerhouse Shariah compliant financial institution in both local and regional markets, backed by robust liquidity and solvency levels.    Under the first banks merger in Qatar’s history, this solid financial position will enable Barwa Bank Group to significantly contribute to ......read more

Al Khaliji Bank wins big at the European Magazine Awards

Doha, Qatar, 21 April 2019:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, is pleased to announce that it has won two prestigious awards- ‘Best Corporate Bank – Qatar’ and ‘Best Financial Inclusion Program – MENA’ at the recently held the European Magazine Awards.  The European Magazine, over the last several years, has been celebrating achievement, innovation and excellence through its annual awards program. It offers corporate organizations an insight into various achievements within a range of organizations. These recognitions add to the achievement of al khaliji bank in Qatar. On receiving the awards, Acting Group Chief Business Officer, Mr. Omar Al-Emadi said: “It is an outstanding achievement for us and on behalf of the entire ......read more

Heading: QIC Group honors its employees with long service awards

Doha, Qatar, April 16, 2019:  Qatar Insurance Group, the leading insurance conglomerate in the MENA recently honored its employees with long service award certificates for completing 10, 15, 20, 25 and 30 years of dedicated service at the company. The award ceremony was held at the QIC headquarters in West Bay. The long service award certificates were handed over to the awardees by Mr. Salem Al Mannai, Deputy Group President & CEO of QIC Group in the presence of senior QIC officials. Expressing his gratitude and appreciation during the event, Mr. Salem Al Mannai stated, “At QIC we believe that dedication and collective efforts of our staff play a significant role in achieving QIC Group’s set targets, growth and development of the company and in taking QIC to where it is today. We have always recognized the wide ......read more

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

Doha, Qatar, April 15, 2019:   Barwa Bank, Qatar's most innovative Shari’ah compliant bank, 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, Ahmed Fouad Menisy and Mohamed Abdunnaser El-Gamudi each won a cash prize of 50,000 Qatari Riyals. Also, a cash prize worth 25,000 Qatari Riyals was awarded to Hussain Sultan Al-Jaber and Mohamed Yacine Ben Lamnouar. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. Thara’a offers account holders the chance to win monthly cash rewards that sum up to more than 2,000,000 Qatari Riyals, and a grand prize ......read more

HSBC to Open the First Digital Branch in Qatar in Msheireb Downtown Doha

HSBC Msheireb to offer a seamless digital experience reinforcing Msheireb’s status as the world’s SMARTEST and most sustainable city district Msheireb Downtown continues to attract more local and global financial institutions Doha, Qatar, 13 April 2019:  Msheireb Downtown Doha, the smartest and most sustainable fully-built city district in the world and Qatar’s destination for leisure, living and business, will be home to the first HSBC digital branch in the country; HSBC Msheireb. The announcement was made during an agreement signing ceremony between Msheireb Properties, the national real estate developer and a subsidiary of Qatar Foundation, and HSBC Bank Middle East, Qatar, the largest international banking organisation in the country. The event was witnessed by the Lord Mayor of London, Peter ......read more

al khaliji announces the date of its Board of Directors meeting

Qatar, April 06, 2019:  Al Khalij Commercial Bank (al khaliji) PQSC announces that its Board of Directors will meet on 29 April 2019 to approve and disclose the consolidated interim financial statements for the period ended 31 March 2019.  

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QDB kicks off the 4th edition of the Government Procurement and Contracting Conference & Exhibition ‘MOUSHTARAYAT 2019'

With the aim to provide SMEs access to large procurement governmental projects Doha, Qatar, April 01, 2019:   As part of its ongoing efforts to provide a poised platform to grow for Qatari Small and Medium-sized Enterprises (SMEs), Qatar Development Bank (QDB) flagged off the 4th edition of Government Procurement and Contracting Conference & Exhibition ‘MOUSHTARAYAT 2019’ yesterday, Under the patronage of HE Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior. The 4th edition of MOUSHTARAYAT’ was inaugurated by HE Sheikh Mohammed bin Hamad Al Thani, Deputy Governor of Qatar Central Bank and Vice Chairman of QDB, which is scheduled to take place for three days between March 31 and April 2 at Doha Exhibition & Convention Center, and hosted in collaboration with ......read more

Qatar Development Bank successfully completes the 4th edition of Bank's Retirees Entrepreneurship Program “Khutwa”

Doha, Qatar, March 20, 2019:   In keeping up its momentum of providing immense opportunities to Qatari entrepreneurs, Qatar Development Bank (QDB) successfully hosted the 4th edition of its Retirees Entrepreneurship Program ‘Khutwa’, which was organized in collaboration with the General Retirement and Social Insurance Authority. The event was held on the 14th of March, at Bin Jelmood House at Msheireb Downtown Doha. The program paved the way for retiree entrepreneurs to present their ideas and integrated business plans for their projects that serve the diversity of the national economy and opens up new business horizons. In its current edition, Khutwa program is evidently the culmination of success of its previous editions, as it has been able to achieve its goals and objectives to promote new projects and ......read more

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

Doha, Qatar,  March 19, 2019:   Barwa Bank, Qatar's most innovative Shari’ah compliant bank, 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, Dana Yousef Al-Horr and Alanoud Mohammed Al-Enazi each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to the following bank clients: Suhail Al-Mazroey, Sheikh Fahad Jassim Al-Thani, Ibrahim Abdalmuty Mohammad, Asmaa Mohamed Al-Suwaidi, Randa Shaher Al-Saadi, Muneera Saif Al-Kubaisi, Fahad Assadi, Ali Abdulrahman Al-Yafei, Samira Bihi Mohamed, Abdulrazzaq Ahmed Al-Meraikhi, Mahmoud  Al-Maghribi, Abdulrahman Ali Al-Yafei, Yousef Mohammed Al-Sulaiti, Almayasa ......read more

SEIB Insurance and Reinsurance announces its partnership with QMED 2019 as the Silver sponsor

Doha, Qatar, March 19, 2019:  Collaborating with Qatar’s largest and flagship medical trade event, SEIB Insurance and Reinsurance has announced its Silver sponsorship of the second edition of QMED 2019 (Qatar International Medical Devices & Healthcare Exhibition and Conference). Held at the QNCC (Qatar National Convention Center) over a 5,000 square-meter space, the exhibition will take place between March 25 and March 27.   Commenting on SEIB’s participation in QMED 2019, Mr. Elias Chedid, the company’s Chief Operating Officer and Deputy Chief Executive Officer, says that this strategic partnership aims at empowering the Qatari healthcare sector as a national engine of economic growth. Since its establishment, SEIB has focally extended its support to healthcare enterprises as an integral member of ......read more

QIC wins two prestigious awards at the MENA Fund Manager Performance Awards 2019

Doha, Qatar, March 19, 2019:  Qatar Insurance, the largest insurer in the MENA region has won two prestigious awards at the MENA Fund Manager Performance Awards 2019. The award ceremony, which was held in Dubai recognised and rewarded fund and asset managers that had outperformed their peers over the last year. QIC won awards in two categories- the Qatar Equity Fund for its 2018 performance and the QIC GCC Equity Fund for its three year performance. The QIC GCC Equity Fund won the award for the best GCC fund performance over three years ending 2018 for a GCC fund with over $75m in assets.  The Fund posted a return of 23.4% in USD terms over the three years and topped its category’s peer group comparison.  The Qatar Equity Fund posted a return of 22.8% in USD terms versus its benchmark performance of 20.8% and ......read more

al khaliji extends its financial support to the Qatar Society for Rehabilitation of Special Needs

A Corporate Social Responsibility Initiative Doha, Qatar, March 16, 2019:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C, Qatar’s next generation bank, as part of corporate social responsibility drive, has once again extended its financial support in the form of donation to the Qatar Society for Rehabilitation of Special Needs, a local humanitarian organization that aims to support and develop the skills and capabilities of people with disabilities. The donation, which was handed over in the presence of Mr. Mohamad Alkuwari, Head of Reward and HR Services at al khaliji, and Mr. Taleb Abdullah Afifah, Board Member at the Qatar Society for Rehabilitation of Special Needs. Commenting on the occasion, Mr. Mohamad Alkuwari, Head of Rewards and HR Services at al khaliji, said:  “Al Khaliji has been ......read more

Barwa Bank's AGM Approves 15% Cash Dividend for Shareholders

Election of a new Board of Directors chaired by HE Sheikh Mohammed Bin Hamad Bin Jassim Al Thani  A strong performance in total asset standing at 44.4 billion QR, driven by a strong growth in the finance portfolio that exceeded 27.8 billion QR. Customer deposits reached 26 billion QR. Doha – Qatar, 14 March 2019 -   Barwa Bank Group, convened its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on 13th of March February 2019 at Four Seasons hotel, chaired by HE Sheikh Mohamed Bin Hamad Bin Jassim Al Thani, Chairman of the Board and Managing Director, with an 87% shareholder attendance.    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, 2018, as well as discussing and ......read more

Qatar Keen to Further Develop the Private Sector, Seeking Self-sufficiency, and Promoting Joint Ventures With International Partners

Sheikh Faisal Bin Qassim Al Thani tells Oxford Business Group Doha, March 13, 2019:   Qatar’s efforts to tap new investors, and goods and service providers farther afield, were among the topics discussed recently at a meeting held between Sheikh Faisal Bin Qassim Al Thani, Chairman, Al Faisal Holding, and representatives from Oxford Business Group (OBG). Sheikh Faisal told the global research and consultancy company that the ongoing regional blockade had generated new business opportunities for both local and international firms, as the country looks to the private sector to become more resourceful and drive new growth. “One major advantage of Qatar is the presence of competitively priced raw materials, including secure energy supplies,” he said. “The Qatari Government considers industrial ......read more

QIC Group sponsors Katara International Beach Volleyball Championship 2019

Doha, Qatar, March 13, 2019:  As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance Group, the flagship insurer is sponsoring the Katara International Beach Volleyball Championship 2019 as the gold sponsor of the event. The event which is scheduled from 12th March will be held at the Amphitheater at Katara. The event will witness participation of 50 teams from 29 countries.  Qatar Insurance Group's role as a sponsor highlights the company’s unilateral focus on being a responsible corporate citizen and demonstrates its full support to all sports activities and initiatives for the nation.  Commenting on the Group’s strategic partnership, Mr. Salem Al Mannai, Deputy Group President & CEO of QIC Group remarked, “We are ......read more

Qatar Development Bank and ADFIMI jointly host workshop on “Shariah Compliance Issues of Crypto Assets”

Doha, Qatar, March 13, 2019:   With a view to drive financial technology -led economy in Qatar, Qatar Development Bank (QDB) successfully hosted a workshop on “Shariah Compliance Issues of Crypto Assets” in association with Association of National Development Finance Institutions in Member Countries of The Islamic Development (ADFIMI).  Established as an autonomous, independent and non-profit international organization, ADFIMI) started its operations in September 1987 at its headquarters in Istanbul, Turkey, on being given the status of an International Organization. It presently has around 40 members from 18 countries. ADFIMI organizes various training programmes, seminars, workshops, and conferences in different countries for the benefit of its members. Since its inception, ADFIMI forged solid partnership ......read more

QIC Group and Commercial Bank Qatar Masters cherish a distinctive partnership

Doha, 07 March 2019: Qatar Insurance Group, the leading insurer in the MENA region has partnered with Commercial Bank Qatar Masters to be the Official Tournament insurer for the region’s premier Golf tournament. QIC, along with its subsidiaries Qatar Re and Antares, is proud to support the tournament for twelve consecutive years. Founded in 1964, Qatar Insurance Company (QIC) was the first domestic insurer of Qatar. Today QIC is a dominant insurer in the region and is regarded as the largest insurer in MENA region in terms of profitability, assets and market capitalization. QIC’s consistent rating of A/Stable from Standard & Poor’s and A(Excellent) from A.M. Best affirms QIC’s core strength and sustainable performance.  Implementing its diversification strategy of expanding beyond the borders of ......read more

Other Top Stories from Banking and Investments
 
Shareholders approve recommended distribution of cash dividend payout of 15%…

Doha, 27 February, 2019: Despite being a challenging year, in 2018 Qatar Insurance, the leading insurance Group recorded strong operational performance, coupled with robust premium growth, taking Gross Written Premium (GWP) to QAR 12.6 billion, up by 8% vis-à-vis the same period in 2017. The underwriting results for the Group for the year 2018 amounted to QAR 576 million. QIC Group’s ......read more

al khaliji takes part in TAWTEEN launch event as the Sponsor…

Doha, February 20, 2019 – Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in continuation to its strategic goal of empowering Qatari youths and enhancing the jobs market in Qatar, took part in the TAWTEEN launch event as one of the proud sponsors. Held under the patronage of His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, the Prime ......read more

al khaliji hosts its 5th Annual Football Tournament…

Doha, February 20, 2019 – Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, with the aim of promoting the health and wellness of its community members, recently hosted its Annual Football Tournament for the fifth year in a row. The initiative was held in support of Qatar’s National Sport Day and comes as part of al khaliji’s Corporate Social ......read more

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

Doha, Qatar – 17 February 2019 – Barwa Bank, Qatar's most innovative Shari’ah compliant bank, 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, Fatemah Abdalah Ali and Milad Mahmood each won a cash prize of 10,000 Qatari Riyals. Also, a ......read more

Barwa Bank celebrates 8th National Sport Day with employees and families…

Doha, Qatar 17 February 2019: Barwa Bank hosted a fun and engaging sports program for all its employees, in support of the eighth National Sport Day in collaboration with Al Ahli Sports Club.  The bank’s participation in the National Sport Day is in line with its Corporate Social Responsibility (CSR) program to create awareness on the importance of sports and fitness in achieving a ......read more

Barwa Bank launches the new mobile banking application…

Doha, Qatar, February 11 2019: Doha, Qatar, February XX 2019: Barwa Bank the most innovative Shari’ah compliant bank in Qatar has announced the launch of its mobile application for all customers to meet their daily financial needs. Barwa Bank new mobile application can be used on smart devices and is compatible with both IOS and Android. The new application is designed to offer ......read more

Qatar Financial Centre (QFC) partners with QFBA to run the pilot program for the first batch of ...…

DOHA, Qatar – 06 February 2019 –  Qatar Financial Centre (QFC) partners with QFBA to runs the pilot program for the first batch of generation 2030 in pursuit of offering the best in class financial courses to Qatari executives and new age professionals. The program, targeting new joiners as well as employees who have been on the job for up to three years, will help ......read more

QIC Board of Directors Meeting…

Qatar, February 04, 2019:  Please be advised that QIC Board of Directors' in their meeting held today on 3rd of February. 2019, reviewed the company's performance, the financial information for the year 2018, the auditor's report and the profits realized (QR. 646 Million). The board recommended Cash (Dividends 15 %) from the share par value, i.e. QR. (1.5)                      QR. for each ......read more

QIC records a substantive profit growth of 57% to QAR 664 million…

QIC contributes QAR 10 billion annually in the Qatari economy  Global Operations represent 77% of total gross written premiums  Qatar Re ranks 27th amongst the global top 50 reinsurers  Doha, 03 February 2019 - Qatar Insurance Group, the leading insurer in Qatar and the Middle East North African (MENA) region yesterday announced its financial results for ......read more

QDB announces the Launches of the 4th edition of its Retirees Entrepreneurship Program “Khutwa”…

Doha, Qatar, February 2, 2019: As part of its pursuit to stimulate entrepreneurship in Qatar, Qatar Development Bank (QDB) is pleased to announce the launch of the 4th edition of its Retirees Entrepreneurship Program “Khutwa”. The registration to the program starts on the 3rd of February 2019, while the course starts on the 24th of February for 12 days, followed by special ......read more

Al Khaliji's Humanoid Robot Noor Introduces Latest Banking Products to HIA Passengers…

Doha, January 31, 2019 – Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, introduced its state-of-the-art humanoid robot to Hamad International Airport (HIA) passengers with the aim to inform the public about the bank’s latest offerings, bringing them closer to al khaliji’s innovative banking solutions.  Nicknamed, Noor, the humanoid ......read more

Qatar Insurance Group holds blood donation drive…

Doha,  Qatar, January 29, 2019:  Qatar Insurance Group - the leading insurer in the MENA recently held a blood donation campaign at QIC Headquarters in West Bay. The campaign was organized in collaboration with Hamad Medical Corporation (HMC) Blood Donation Unit. HMC mobilized its blood donation bus along with its medical unit to assist in the successful completion of the blood donation ......read more

Qatar Finance and Business Academy announces the launch of its “Generation 2030” program…

DOHA, Qatar, 28, January 2019:  In pursuit of offering the best in class financial courses to Qatari executives and new age professionals, Qatar Finance and Business Academy (QFBA), proudly announces the launch of a national development solution for employees who have been on the job for up to three years. Known as ‘Generation 2030”, the program will help ......read more

Barwa Bank announces the grand prize winner (QAR 1 million) of Thara'a savings account…

January 23, 2019 Dubai, United Arab Emirates:  Barwa Bank has announced Mercy Pabilona as the winner of its QAR 1 million Thara’a grand prize. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce & Industry. Thara’a, Qatar's Shari’ah compliant and the first in ......read more

Al Khaliji Reports a Strong Increase in Net Profit for 2018…

Net profit of QAR 608 million, an increase of 10.5% year-on year Net Fee and Commission Income of QAR 189 million, an increase of 4% over last year Operating expenses lower compared to 2017, to QAR 329 million Impairments significantly lower; a decrease of 40% year on year Strong Liquidity position, well above regulatory requirements Doha, Qatar, January 21, 2019:   Al ......read more

Barwa Bank announces the grand prize winner (QAR 1 million) of Thara'a savings account…

Doha, Qatar – January 21, 2019:  Barwa Bank has announced Mercy Pabilona as the winner of its QAR 1 million Thara’a grand prize. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce & Industry. Thara’a, Qatar's Shari’ah compliant and the first in Islamic ......read more

Qatar Insurance sponsors Kahraman Beads Exhibition at Katara…

Doha, Qatar, 10, January, 2019:  As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance, the flagship insurer is sponsoring the Katara Exhibition for Kahraman beads. Commencing from 10th January, the first edition of the exclusive exhibition will display rare and expensive beads made of authentic Kahraman (Amber) from ......read more

Qatar Insurance announces promotion of three senior executives…

Qatar Insurance announces three senior promotions Qatar Insurance announces leadership roles within the Group Doha, 8 January, 2019:   Qatar Insurance Group recently announced the promotion of three senior executives, Mr. Fahad Al Suwaidi as Deputy CEO of QIC Qatar Operations; Mr. Ahmad M. Zebeib as Deputy CEO of QLM Life & Medical WLL, and Mr. Ahmed Al Jarboey as Senior ......read more

QIC Insured opens two new kiosks at leading malls in Qatar…

As part of its expansion strategy, QIC Insured - the retail division of Qatar Insurance and the leading insurer in the MENA region has recently opened two new kiosks at City Centre Mall and Mall of Qatar. The new kiosks are located near the East Gate at the Mall of Qatar and in the basement of City Centre Mall.The working hours of the new kiosk at City Centre is Saturday-Thursday, 11am-7pm. ......read more

QIC Group celebrates Qatar National Day…

Doha, 18 December, 2018:  Qatar Insurance, the leading insurer in Qatar and the MENA region celebrated Qatar National Day by renewing its commitment towards the realization of the Qatar National Vision (QNV) 2030. To celebrate the spirit of the glorious day, QIC staff donned white and Anabi colors of the Qatari national flag.  Speaking about the significance of the Qatar ......read more

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

Doha, Qatar, 16 December 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, Issa Ali Al-Ansari and Iqbal Ahmed Abdul Bari each ......read more

QDB launches FinTech Pitching and Coaching day…

With a view to empower FinTech Start-ups Doha, 13 December 2018 –   As part of its continuous efforts in supporting SMEs and Qatari entrepreneurs towards developing Qatar and building a knowledge-based economy with a strong focus on some of the key sectors, Qatar Development Bank (QDB) launched today the “FinTech Pitching and Coaching day”, as a new step ......read more

Qatar Development Bank successfully hosts Al Furjan Markets Raffle Draw ceremony…

Doha, 12 December 2018 -   The much-anticipated Al Furjan Markets Raffle Draw by Qatar Development Bank (QDB) came to a close on December 11, 2018 at Four Seasons where the lucky draw winners of the 45 retail stores were announced. For Phase I of Al Furjan markets project, QDB witnessed an overwhelming response by receiving 13,266 applications. The raffle draw ceremony was also an ......read more

Qatar Development Bank successfully hosts Al Furjan Markets Raffle Draw ceremony…

Doha, 12 December 2018 -   The much-anticipated Al Furjan Markets Raffle Draw by Qatar Development Bank (QDB) came to a close on December 11, 2018 at Four Seasons where the lucky draw winners of the 45 retail stores were announced. For Phase I of Al Furjan markets project, QDB witnessed an overwhelming response by receiving 13,266 applications. The raffle draw ceremony was also an ......read more

QDB gets 13 thousand applications for electronic raffle draw for Phase I of Al Furjan markets ...…

Doha, Qatar, 04 December 2018 –  Qatar Development Bank (QDB), is pleased to announce the overwhelming response received by Phase I of Al Furjan markets project. The bank received 13,266 applications from the opening date on October 21 till the closing on November 19.  QDB will host a Raffle award ceremony on December 11, 2018 at Four Seasons, Doha and the event will ......read more

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