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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 Minister and the Minister of Interior, the event took place on February 18 and 19, 2019 at Sheraton Hotel. The program was launched amid the presence of dignitaries, the large participation of official bodies and entities, energy sector companies, and a wide spectrum of service providers and supporting industries.  Hosted by Qatar Petroleum, TAWTEEN is the localization program for services and industries in the energy sector, specifically for ......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 Responsibility program.  Held on Saturday 16 February 2019 at AL Saad Club, the Bank’s 5-A-side Football Tournament, saw the participation of teams from several organizations and served as a platform to foster the values of community, sportsmanship and positive team spirit among participants.  The competing teams were from leading institutions such as, Qatar Investment Authority, Georgetown University, Ooredoo, Mannai ......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 cash prize worth 5,000 Qatari Riyals was awarded to the following bank clients: Mahmoud Mohammed Al-Yafei, Loai Al-Tawil, Faisal Ali Al-Anssari, Kholoud Amralla Al-Emadi, Jassim Mohamed Fakhroo, Saeta Salem Al-Qarah, Mehanna Sultan Al-Naemi, Ahlam Yousuf Al-Baker, Al-Anoud Hassan Al-Sahli, Sirish Nallamatla, Hussain Sultan Al-Jaber, Mohammed Talha, Sheikha Wadha Qassim Al-Thani, Lulwa Hasan Bureshaid, Tahira Abdulwaris, Kayingil Mohamed, Ranya ......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 sound and healthy lifestyle, which, in turn, helps in the development of a strong, prosperous society. The Group’s employees and members from the executive management participated in the event along with their families. Activities and sports events included rope challenge, climbing challenge, golf, yoga session, kids section, and a football match.  For children below five years, a kids area was arranged for them to enjoy the day ......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 customers speed, efficiency and maximum security while accessing their accounts and executing the banking transactions.  This application includes new services and features including Barwa Bank rewards, money transfer with Western Union and cardless cash withdrawal services. With Barwa Bank Rewards, customers can now view their loyalty points and redeem at a wide range of redemption options including booking flights or hotel bookings, car ......read more

Qatar Financial Centre (QFC) partners with QFBA to run the pilot program for the first batch of generation 2030

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 professionals master the latest trends and challenges in the financial sector and thereby allow them to further hone their skills. The Training modules will be spread over four to six months, with coaching and mentoring in between.  The pilot session of this program took place at QFBA and involved participation of Qatari employees from all QFC entities. Commenting on the occasion, Qatar Financial Centre CEO Yousuf Mohamed Al-Jaida ......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 share, Also the board has proposed increase in capital by (QR77.042.580) through the private shares issuance (7.704.258) shares. Share price is (QR36/57) per share ((QR 10) nominal value + (QR26/57) share premium). Only the minority shareholders of the subsidiary QIC Capital, registered in Qatar Financial Center, has full rights of subscription In addition, the board also proposed to change the nominal value of the share price to be one Qatari ......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 2018.  Following a meeting of the Board of Directors, which was presided over by Sheikh Khalid bin Mohammed bin Ali Al-Thani, Chairman & Managing Director, the Board approved the financial results.  Despite an adverse backdrop, QIC Group, being a diversified insurance Group with international presence, in 2018 recorded Gross Written Premiums (GWP) of QAR 12.6 billion, an increase of 8% compared to 2017. Weathering heightened global market ......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 consultation sessions for participants to identify their project ideas and the type of support provided to them.  Khutwa program is aimed to train and develop retirees to learn basic skills of entrepreneurship, through a package of training programs and advisory services to enter the world of entrepreneurship to establish and manage a sustainable successful business. The target audience for this course is Retired Qatari males and females. Upon ......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 robot has been interacting with departing passengers at HIA for a period of 2 weeks, acting as an informative pit-stop station updating the public on the current services and products that the bank is offering.  Noor was first introduced and launched at al khaliji’s Um Lekhba branch, in May 2018. Noor has been designed to be genuine day-to-day companion and guide. She is the first humanoid robot capable of recognizing the principal ......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 drive. For QIC Group the blood donation campaign serves as an important Corporate Social Responsibility (CSR) initiative, which creates scalable impact for the society, environment and its people. Like all other businesses, QIC Group considers CSR as a cornerstone for the sustainable development of the society and spares no effort to fulfil its CSR duties. By participating in various social initiatives and environmental engagements, QIC Group ......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 professionals master the latest trends and challenges in the financial sector and thereby allow them to further hone their skills. The Training modules will be spread over four to six months, with coaching and mentoring in between. Commenting on the occasion Dr. Khalid Al Horr, Chief Executive Officer, Qatar Finance and Business Academy, said: “The “Generation 2030” program has been launched after identifying the needs within the ......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 Islamic bank’s sector, offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari Riyals. Based on several criteria, Thara’a account holders are eligible for a number of periodic draws for cash prizes. Totalling 3,300,000 Qatari Riyals, Thara’a cash rewards are distributed on both a monthly and biannual basis to customers holding a minimum balance of 10,000 Qatari Riyals. On a monthly basis, there are 21 ......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 Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the year ended 31 December 2018 today with a Net Profit of QAR 608 million.   The consolidated financial statements for the year ended 31 December 2018 were approved by the Board of  Directors of al khaliji during its meeting held in Doha on 20 January 2019. The figures are subject to Qatar Central Bank’s approval and ......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 bank’s sector, offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari Riyals. Based on several criteria, Thara’a account holders are eligible for a number of periodic draws for cash prizes. Totalling 3,300,000 Qatari Riyals, Thara’a cash rewards are distributed on both a monthly and biannual basis to customers holding a minimum balance of 10,000 Qatari Riyals. On a monthly basis, there are 21 ......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 around the world.  A first of its kind, the exhibition will bring together traders and collectors of Kahraman beads, along with experts making the beads by hand from natural fossilized resin.  The exhibition will also showcase how Amber beads are measured, perforated and various parameters for quality tests. Commenting on the distinctive sponsorship, Fahad Al Suwaidi, Deputy CEO of QIC Qatar Operations stated, “As the leading ......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 Vice President of QIC MENA Retail and Motor Claims. The significant promotions form an integral part of Qatar Insurance’s strategic succession plan, Qatarisation and consistent efforts towards the realization of the Qatar National Vision (QNV) 2030. QIC Group has consistently attracted, motivated, developed and retained Qatari talent. Pursuant to its consistent efforts at aligning with this goal, QIC Group has not only attracted, but has ......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.  The working hours of the new kiosk at the Mall of Qatar are from Saturday-Thursday, 10am-10pm and Friday from 5pm-11pm. Offering an open lay-out and lighting that exudes a modern and receptive look, the new kiosks are well positioned to service the insurance needs of walk-in customers for car insurance, home insurance, travel insurance, personal accident benefit.    Commenting on the recent expansion of QIC Insured network, Mr. ......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 National Day, Mr. Khalifa Abdulla Turki Al-Subaey  Qatar Insurance Group President & CEO of QIC Group stated, “On this special day, we express our gratitude to His Highness the Amir, Sheikh Tamim bin Hamad Al-Thani for his wise leadership and his guidance. We reflect on our glorious past and map the journey that QIC has accomplished over the past 54 years alongside the growth and development of the nation.” He further mentioned, ......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 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:  Sahar Kamel Zarandah, Mubarakah Saeed Al-Marri, Hally Sanicas, Salem Saeed Al-Khelaifi, Nafja Abdul Rahman Al-Maadeed, Kathy Sok Theng, Amel Mohamed Al-Yafei, Yusra Mohamed Al-Maskri, Fatima Abdul Rahman Al-Mohannadi, Ghanim Nasser Al-Nuaimi, Rashid Hamad Al-Adbah, Mohamed Ahmed Al-Alwi, Khaled Mohammed ......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 towards achieving great strides in the FinTech sector and create a technology driven landscape for future generations.  The event, which took place at the Sheraton Hotel Doha, was attended by guests from Europe, East Asia, and the Middle East to offer their significant contribution towards a unified cause of leading a fintech economy. This event was a great opportunity for representatives from the banking and investment sector to explore the ......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 ode to the huge participation reflecting people’s keen interest in Al Furjan Markets project as well as informing people about the facilitation and improvements being made by QDB.  In order to ensure utmost integrity, fairness and adherence to the principle of equal opportunity, the draw was fully automated and was supervised by an international audit firm under the supervision of a committee composed of members from the Ministry of ......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 ode to the huge participation reflecting people’s keen interest in Al Furjan Markets project as well as informing people about the facilitation and improvements being made by QDB.  In order to ensure utmost integrity, fairness and adherence to the principle of equal opportunity, the draw was fully automated and was supervised by an international audit firm under the supervision of a committee composed of members from the Ministry of ......read more

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

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 specially be dedicated to a number of successful applications being received by QDB, reflecting people’s keen interest in Al Furjan Markets project and also inform people about the facilitation and improvements being made by QDB.  The raffle draw will be very transparent given the fact that it will be fully automated process and has been supervised by an international audit firm under the supervision of a committee composed of QDB ......read more

QIC Insured launches QIC Safe Driver App at the International Traffic Safety Conference

QIC Insured participates at the International Traffic Safety Conference & launches QIC Safe Driver App Doha,  Qatar, November 28, 2018:  QIC Insured, the retail arm of Qatar Insurance, the leading insurer in the MENA region participated in the International Traffic Safety Conference, which was attended by traffic safety experts, a number of Excellences, Ministers, officials, dignitaries, researchers, specialists in transport and traffic safety and many governmental entities.  The highbrow conference, which addressed a number of topics, related to traffic safety, driving behavior, transport safety and security etc. also served as a launch pad for QIC Insured’s latest offering, namely, the QIC Safe Driver App. Working relentlessly towards its Corporate Social Responsibility (CSR) mission for safer roads in ......read more

Other Top Stories from Banking and Investments
 
Qatar Finance & Business Academy (QFBA) announces the launch of its new professional development ...…

Building leadership skill sets among finance professionals DOHA, Qatar –25 November  2018 -   Qatar Finance and Business Academy (QFBA), in its quest to bring newer paradigms for the Qatari executive leadership, is pleased to announce its latest exclusive product, “Powerful Leaders”, an executive coaching proposal for the thought leaders of the nation, aimed at ......read more

INJAZ Al-Arab Gears-up for the 12th Annual Young Arab Entrepreneurs Competition to be held in Kuwait…

Held Under the Patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah 25 November 2018:   INJAZ Al-Arab – member of Junior Achievement Worldwide – is hosting their 12th Annual Young Arab Entrepreneurs Competition in Kuwait between November 26 and 29, 2018. The competition will see 80 students from 11 countries across MENA compete ......read more

al khaliji hosts Qatar University students for an intriguing session on “Risk Management”…

Doha, November 24, 2018 –   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in its quest to expand the horizons of Qatar’s next generation, recently hosted an informative session on “Risk Management” for the students of Qatar University.  The session offered insights into the nuances of managing financial risks and ......read more

Heading: QIC ranked as Top Investment House from MENA region…

Doha, Qatar, November 20, 2018:    Qatar Insurance, the leading insurer in the Middle East and North Africa region has been recognized as the “Top Investment House” during a survey conducted by The Asset magazine in collaboration with Benchmark Research. The survey ranked top investment houses in Asian G3 bonds (issued by Asian issuers in USD, EUR and JPY) based on the ......read more

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

Doha, Qatar – November 19, 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, Hassan Mohamed Darwish and Arshad Karim each won a ......read more

Qatar Finance and Business Academy successfully completes “Coffee with CEOs” series…

Aimed to inspire youngsters DOHA, Qatar – 15 November 2018 -   Qatar Finance and Business Academy (QFBA), as part of its corporate connect endeavor, takes pleasure in announcing that it has successfully completed “Coffee with CEOs” series, for the 2018 Cohort of its quality qatarization program, Kawader.  The event series was intended to engage ......read more

QDB honors top 50 SMEs at the SME Excellence List 2018…

Doha, Qatar, November 15, 2018:  In its strides to continuously keep motivating the efforts made by SMEs in the growth of the national economy, Qatar Development Bank (QDB), in collaboration with Qatar Chamber and Qatar Exchange, honored top 50 SMEs at a glittering ceremony held at St. Regis hotel on November 14, 2018.  During the second edition of the SME Excellence List 2018, the ......read more

MEEZA joins Qatar Central Bank to host the 5th Information Security Conference for the Financial ...…

Doha, November 15, 2018 –   MEEZA, Qatar’s prominent end-to-end Managed IT Services & Solutions Provider, will be one of the essential sponsors for the Qatar Central Bank annual event– 5thConference of Information Security in the Financial Sector. The event will be held on November 18-19, 2018 at the Sheraton Grand Doha Resort & Convention Hotel, under the ......read more

QIC Group renews membership with The Abdulla Bin Hamad Al-Attiyah (ABHA) International Foundation…

Doha, 13 November, 2018:  Qatar Insurance Group (QIC), Qatar’s flagship insurer, and the leading insurer in the MENA region, has renewed its annual membership with The Abdulla Bin Hamad Al-Attiyah International Foundation for Energy & Sustainable Development (Al-Attiyah Foundation), the only independent think tank focused on Energy and Sustainable Development in Qatar. The ......read more

QDB makes major announcements during the ongoing Qatar Entrepreneurship Conference “ROWOD Qatar ...…

Doha, Qatar, 13 November 2018:   The ongoing Qatar Entrepreneurship Conference “ROWOD Qatar 2018”, which is taking place during the Global Entrepreneurship Week, is witnessing greater traction from Qatari companies with an aim to expand their horizons and offer sustainable growth paradigms to Qatari youths and SMEs. In this regard, Qatar Development Bank organized today ......read more

QDB kicks off Qatar Entrepreneurship Conference “ROWOD Qatar 2018”…

As part of its continuous support to empower talented Qatari Youth, and under the patronage of His Excellency the Prime Minister and Minister of the Interior HE Ali Bin Ahmed Al-Kuwari, Minister of Commerce and Industry inaugurates Qatar Entrepreneurship Conference “ROWOD Qatar 2018” Abdulaziz bin Nasser Al Khalifa: We will continue supporting entrepreneurship to secure a ......read more

Lysys group of companies continues to demonstrate strong commitment to the Qatari market with its ...…

Qatar, November 08, 2018:  Lysys group of companies continues to demonstrate strong commitment to the Qatari market with its participation at Milipol Qatar, the international event for homeland security and civil defense in the Middle East.  During Milipol Qatar, Lysys Group was represented by Lysys Qatar WLL and Encode.   Lysys Qatar (www.lysys.com) is a technology company with ......read more

Executives Across Region Cautiously Optimistic Despite Rollercoaster Year…

OBG Business Barometer: Gulf highlights growing role of private sector  Dubai, November 06 2018:   Executives interviewed for the 2018 edition of the Business Barometer: Gulf CEO Survey carried out by Oxford Business Group (OBG) were largely upbeat in their outlook for the coming 12 months, buoyed by higher and more stable oil prices, although regional political volatility ......read more

QIC Insured, official insurer of Qatar Motor Show gathered huge response…

Doha, Qatar, November 05, 2018:  QIC Insured, the personal insurance division of QIC and the official insurer of the Qatar Motor Show (QMS) attracted more than 10,000 visitors during the event. Held under the theme “Driving to Innovation”, the motor show also served as the launchpad for the all new QIC Orange – a scheme offering a no frills, low cost comprehensive car ......read more

Qatar is in full charge to spearhead Sports Tech. Entrepreneurship scene regionally…

Doha, Qatar, November 05, 2018:   As part of its leading role in supporting startups, entrepreneurs and innovators in various sectors, Qatar Development Bank (QDB) announces the launch of the first SportsTech accelerator in MEA region powered by Startup Bootcamp the global player in accelerating Tech. Startups, with the goal to become the leading and central point in the region for ......read more

QIC Group conducts Pink Month campaign…

Doha, Qatar, October 31, 2018:  Qatar Insurance Group, the region’s leading insurer recently conducted a Breast Cancer Awareness forum to increase medical awareness of breast cancer and highlight the importance of its early detection amongst its female workforce.  Themed as The Pink Month campaign, the month long campaign kicked off with distribution of a pink awareness ......read more

Massoun & Commercial Bank host an interactive workshop…

Massoun & Commercial Bank host an interactive workshop to strengthen Insurance Partnership Doha, Qatar, 30 October 2018:  Massoun Insurance Services LLC. – a Joint Venture between Qatar Insurance Company (QIC) and its bancassurance partner Commercial Bank – recently hosted an interactive workshop with the Bank’s Wholesale Banking team. The session shed light on ......read more

QIC Group reports net profit growth of 54% to QAR 474 million for first nine months of 2018…

The Group’s net underwriting result increased to QAR 378 million, compared with a to a loss of QAR 103 million for the same period last year QIC Group is constantly expanding its low severity high frequency business which now constitutes a significant portion of the total portfolio. Doha, Qatar, October 24, 2018:  Qatar Insurance Group, the leading insurer in Qatar and the ......read more

Al Khaliji Reports Q3, 2018 Net Profit of Qar 469 Million – 3.5% Growth Year on Year…

Net profit of QAR 469 million, an increase of 3.5% year on year Net Fee and Commission Income of QAR 154 million, an increase of 2% year on year Operating expenses were QAR 247 million, an improvement of 3.4% to Q3, 2017 Impairments decrease by 28% year on year Liquidity remains strong resulting in an improved Loan to Deposit Ratio Doha, Oct 23, 2018:   Al Khalij ......read more

al khaliji holds awareness session to mark Breast Cancer Awareness Month…

Doha, Qatar – 17 October 2018 –   On the occasion of Breast Cancer Awareness Month, Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, organized a seminar for its employees in partnership with the National Breast and Bowel Cancer Screening Program ‘Screen for Life’.  During this seminar, ‘Screen for Life’ team ......read more

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

Doha, Qatar – 15 October 2018 –   Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of its October’s draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As the draw results showed, Nouf Ibrahim Al-Sada and Haytham Mohammed Al-Ahmed each won a ......read more

OQIC subsidiary of QIC Group announces opening of new Corporate Office…

Doha, 15 October, 2018:  Oman Qatar Insurance Company (OQIC), a premier insurance company in Oman and a subsidiary of Qatar Insurance Group recently held a grand opening ceremony for its corporate office and retail branches. Held at the Grand Hyatt in Muscat, the opening ceremony witnessed the presence of many dignitaries and government officials, including the Board of directors, ......read more

QDB kicks off the 2nd edition of “Made at Home” exhibition…

In collaboration with Qatar Chamber, NAMA Center and the Ministry of Administrative Development Labor & Social Affairs Doha, Qatar, 14 October 2018 -   Under the patronage of Her Excellency Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani, Chairperson of Qatar Museums, Qatar Development Bank (QDB), in collaboration with Qatar Chamber, NAMA Center and the Ministry of ......read more

QDB announces accepting applications for registration in Al Furjan Markets Draw starting October ...…

In order to facilitate the submission process and transforming it into an integrated electronic system… 30 days for submission and will be treated equally regardless of the date of submission Doha- 10 October, 2018 –  Qatar Development Bank (QDB), in its continued quest to support the growth and competitiveness of the business sector in the state, announced the ......read more

QIC Group launches QIC Learning Academy and conducts Phase One of the development programme…

Doha, Qatar, October 09, 2018:  Qatar Insurance Group, the leading insurer in the MENA region has launched an in-house development programme, namely, the QIC Learning Academy. The first session “Phase One”, which was conducted recently at QIC Headquarters in West Bay was highly successful and was very well received by the attendees of the session.  QIC Group consistently ......read more

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