Qatar PR Network, Online Press Release from qatar and Doha city
Featured in Banking and Investments
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

Qatar Finance & Business Academy (QFBA) announces the launch of its new professional development and training program “The Powerful Leader”

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 optimizing business management capabilities.  This initiative is driven by QFBA in partnership with “executive training solutions”, entwined with the principle that every business leader has an independent vision and with little guidance, excellence can be achieved for ideal business results and growth. Drawing from its pool of learning professionals and expert practitioners from around the region and the world, custom ......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 over 12 award categories before their peers and a panel of high-profile judges.    Held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, the event will welcome over 180 attendees from INJAZ teams, volunteers and chaperons. The competition will conclude with a glittering award ceremony to be held on November 28, welcoming over 400 guests, including high-school and university ......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 mitigating potential losses. The session comes as part of the bank’s efforts to provide comprehensive information to students and prepare them to manage risk in organizations. The session was hosted by Mr. Oliver Schwarzhaupt, Group Chief Risk Officer, al khaliji Bank, who discussed in detail the importance of risk management and offered ways to deal with financial crises. “Human capital has been given utmost importance in Qatar ......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 number of votes won by their investors.   More than 290 different institutions including asset managers, hedge funds, private banks, banks and insurance companies/sovereign wealth funds were evaluated and shortlisted during the survey. The ranking methodology used for the survey was based on the number of votes received from top-rated analysts, economists and strategists, sales  teams and traders in these institutions. In ......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 cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to the following bank clients:  Prisciliano Padua Villaviza, Bashaer Khalid Al-Arfaj, Khalid Rahman Jaffar, Aisha Ali Abu Alshwarib, Faisal Ali Al-Anssari, Ibraheim Mahmoud, Fatima Mahmoud Al-Mahmoud, Nasser Emair Al-Naemi, Mubaraka Salem Al-Wasmi, Sajid Atique , Mohammed Abdulla Al-Kuwari, Nabseel Cadirikanakka Pillandagath, Abdulla Mohammed ......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 leadership figures in the financial services sector in Qatar with young motivated Qataris who are currently working in the financial sector or aiming to do so in a casual setting where the CEOs share professional insights and industry wisdom. The Kawader program was kicked off on September 2 and will be continued till November end. Through this series, the undeterred efforts of QFBA paid off well towards shaping the future of new age finance ......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 awards were presented to these deserving SMEs under the patronage of H.E Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani, in the presence of H.E. Sheikh Abdullah bin Saud al-Thani, Governor of Qatar Central Bank (QCB) and Chairman of Qatar Development Bank (QDB); Mr. Saleh bin Hamad Al Sharqi, Qatar Chamber Director-General; and Mr. Rashid Bin Ali Al Mansoori, CEO of Qatar Stock Exchange, along with other ......read more

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

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 patronage of HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani. MEEZA CEO, Eng, Ahmad Mohamed AL Kuwari will be delivering a key presentation on Cyber Security Threats to industry stakeholders. The conference threw light on information security, the challenges it faces and infrastructure improvements. Stability of our financial system is the fundamental pillar that Qatar Central Bank and other ......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 signing ceremony, which took place at the QIC Headquarters in Doha, was attended by Mr. Ali Saleh Al Fadala, Senior Deputy Group President & CEO of QIC Group, Mr. Abdulla Al Mulla, Group Chief Administrative Officer of QIC Group, Mr. Hamad Rashid Al-Mohannadi, Member of the Board of Trustees, Al-Attiyah Foundation, and Mr. Reda I Ali, Managing Director, Al-Attiyah Foundation. Senior Deputy Group President & CEO of QIC Group, Mr. Ali ......read more

QDB makes major announcements during the ongoing Qatar Entrepreneurship Conference “ROWOD Qatar 2018”

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 two press conferences held at Doha Exhibition and Convention Center (DECC), announcing the launch of SME definition in collaboration with the Ministry of Commerce and Industry as well as became the frontrunner in launching the first ever SportsTech accelerator for the MEA region. Both initiatives will mark a new era of growth for Qatari companies and will tremendously aid in achieving Qatar National Vision 2030. The SportsTech Accelerator ......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 significant international role for Qatar in this field IMB invests more than QR 100 million in Qatar in an innovative technology that will be used for the first time in the Middle East and North Africa Signing ceremony to launch Qatar SportsTech accelerator Doha, 12 November 2018 -   Qatar Development Bank (QDB), in keeping up with its strides to offer growth paradigms to new age entrepreneurs, launched today the Qatar ......read more

Lysys group of companies continues to demonstrate strong commitment to the Qatari market with its participation at Milipol Qatar

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 expertise and a successful track record in systems integration for security and ICT systems for critical infrastructure as well as industrial automation, professional and enterprise communication systems.  Lysys is operating in Qatar since 2011. It maintains in Doha a large team of experts, system integration engineers, software developers and an experienced program management team. Throughout its operation, Lysys has managed to establish ......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 remained a cause of concern for many. As part of its survey on the economy, the global research and consultancy firm asked almost 900 C-suite executives from across the Gulf’s industries a wide-ranging series of questions on a face-to-face basis aimed at gauging business sentiment.  The survey was launched on November 6, 2018, at Nasdaq Dubai, with the results now available to view in full on OBG’s Editors’ Blog at: ......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 insurance in Qatar.  Audiences of every age group gathered to meet, greet and take selfies with QIC Insured’s lucky mascot “Eddie the camel”, which was one of the highlights of the QMS. In addition, approximately 3,000 QIC Orange branded stress balls were handed out to the visitors during the show. Available exclusively through the online portal, qic-insured.com, the newly designed QIC Orange scheme offers customers low ......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 sports innovation.  The initiative aims to attract the worlds’ most promising Sports technology startups, to further boost the sports industry and contribute towards the accelerated growth shaping up in the Qatar sports business. The accelerator is now open to startups globally, and the first program will commence in February 2019. Startups can start applying on www.qatarsportstech.com, till December 2018. QDB has always been a ......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 ribbon coupled with awareness presentation by the medical team to educate female staff about the risk factors, FAQs, its prevention and early screening methods that can save lives. Qatar Insurance Group is very proud to support such awareness initiatives for the well-being of the community. It demonstrates our Human Resources department’s ongoing commitment to raise awareness for the wellbeing of our community, and shows our support for ......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 the achievements of Massoun over the years and detailed its future plans with Commercial Bank to further enhance its suite of insurance products and improve the client experience for its corporate customers.   Held at the Commercial Bank Plaza building, the workshop served as an excellent platform for exchanging views and enhancing teamwork.  Addressing the audience, Ms. Ruba Hasan, General Manager of Massoun, said: “We ......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 Middle East North African (MENA) region yesterday announced its financial results for the first nine months ended September 30, 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 of the Board of Directors, the Board approved the financial results.   The MENA markets continued to produce stable premiums with underwriting ......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 Commercial Bank (al khaliji) P.Q.S.C., announced its financial results for the third quarter of 2018, reporting a Net Profit of QAR 469 million. This improved net profit was a result of effectively managing margins, controlling costs and a reduction in impairments.   His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Chairman and Managing Director stated:   “al khaliji has delivered consistent growth in profitability, ......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 presented a lecture about breast cancer symptoms, stages and prevention methods, in addition to Mammogram, which is the early detections test every woman between 45-69 should do once every 3 years. The lecture included also details about the suites where women can get screened.  Al khaliji was keen to maximize the opportunity for participants of the seminar to gain a wide perspective and promote a message of hope.  “Breast ......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 cash prize of 50,000 Qatari Riyals. Also, a cash prize worth 25,000 Qatari Riyals was awarded to Noora Mohammed Al-Naimi, and Khalid Jumah Al-Marzouqi, 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 Qatar Riyals, a first for ......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, industry experts, prominent business leaders, associates and partners, and OQIC employees. During the opening ceremony HE Khalaf Ahmed Al Mannai, Chairman of Oman Qatar Insurance Company unveiled the new headquarters in the presence of HE Sheikh Khalid bin Omar Al Marhoon Honorable Minister of Civil Services and other excellencies, including HE Abdullah bin Salim Al Salmi Executive President of the Capital Market Authority, HE Ali bin Fahad Al ......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 Administrative Development Labor & Social Affairs flagged off the 2nd edition of the “Made at Home” Exhibition on October 14, 2018. The seven-day event is being hosted at the Doha Exhibition and Convention Center, and it was inaugurated by HE Dr. Issa bin Saad Al Jafali Al Nuaimi, Minister of Administrative Development, Labor and Social Affairs. This exhibition offers home-based businesses a unique opportunity to display and sell their ......read more

Other Top Stories from Banking and Investments
 
QNB Group: Financial Results for the Six Months Ended 30 June 2018…

Doha, Qatar, 11 July 2018, (AETOSWire): QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the six months period ended 30 June 2018.  For the first half of 2018, Net Profit reached QAR7.1 billion (USD1.9 billion), up by 7% compared to last year. Total assets increased by 10% from June 2017 to reach QAR846 billion (USD232 ......read more

al khaliji wins the ‘Best Commercial Bank in Qatar' award at the Arab Banks Awards 2018…

Doha, Qatar – July 9, 2018 :   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, has been named as the ‘The Best Commercial Bank in Qatar’ at the 2018 Arab Banks Awards & Commendations of Excellence, organized by the World Union of Arab Bankers (WUAB) and hosted by The Banking Executive magazine.  Al khaliji’s ......read more

SMEs set for growing role as Qatar looks towards private sector diversification…

Qatar, July 08, 2018:  Small and medium-sized enterprises (SMEs) could be set for a much more prominent role in Qatar, with the government stepping up efforts to collaborate with local companies as part of broader diversification plans.  Local SMEs were presented with a series of potential business opportunities at the third annual Government Procurement and Contracting Conference ......read more

Qatar Moving to Promote Private Sector Development and Economic Diversification…

Private-sector growth and the development of new sectors will be the focus of Oxford Business Group’s upcoming publication, ‘The Report: Qatar 2019’. Doha, June 11, 2018:   Private-sector growth and new government initiatives to support long-term economic diversification and sustainability will be the focus of the global research, publishing and consultancy ......read more

Barwa Bank announces the 3rd draw winners of Salary Transfer campaign…

Doha, Qatar – June 09, 2018:   Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the names of the third draw winners of Salary Transfer promotional campaign, at the Bank’s headquarters. The draw was held on June 5th, 2018 and five winners took home a QAR 20,000 cash price each: Mohammed Abdullah Hashem, Mohammed ......read more

Qatar Development Bank supports Qatari SMEs projects at the 2018 National Plastic Exhibition…

Doha, 5 June 2018:   Qatar Development Bank (QDB), through its export development agency 'Tasdeer', participated in NPE2018, the world’s largest and most prominent plastics trade show and conference in the Western Hemisphere. NPE2018 took place from May 7th till May 11th in Orlando Florida, USA, and saw participation from 11 Qatari companies in the plastic industry as part ......read more

Barwa Bank launches its Corporate ATM…

In line with its continuous endeavor to enhance corporate customers experience and efficiency  Doha – Qatar –June 4, 2018:  In line with its continuous efforts to provide innovative services to its corporate customers in Qatar, Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, has launched its Corporate ATM at its main ......read more

Barwa Bank announces the winners of its VISA Credit Cards FIFA World Cup offer 2018…

Doha, Qatar – May 30, 2018:  Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, has announced the names of two customers who have won a trip to the 2018 FIFA World Cup in Russia.  Barwa Bank joined hands with Visa, the worldwide partner of the 2018 FIFA World Cup Russia™, for the promotional offer that was offered to both ......read more

QDB in Collaboration with Bedaya Center and Qatar Business Incubation Center Launches the ...…

Doha, 27 May 2018:  As part of its continuous support for home-based businesses, Qatar Development Bank (QDB) has launched the 3rd edition of “Ramadan Bazaar Markets 2018” in cooperation with Bedaya Center and Qatar Business Incubation Center (QBIC), during a ribbon cutting ceremony held on Saturday 26 May at The Gate Mall, in the framework of the bank’s Home-based Business ......read more

QDB through its export development agency ‘Tasdeer' participated in FHA Singapore 2018…

Doha, Qatar, May 23, 2018:   Qatar Development Bank (QDB), in its ongoing endeavor to provide all means of support to help the food and beverages SMEs spread their wings in the global markets, through its export development agency 'Tasdeer', participated in Food and Hotel Asia (FHA) 2018, which was held from April 24-27, 2018 at Singapore Expo and Suntec ......read more

Barwa Bank launches Mastercard Weekend Offer…

Doha, Qatar –May 21, 2018:   Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, launches MasterCard Weekend offer for its existing Barwa Bank Mastercard holders.  During the holy month of Ramadan, Barwa Bank offers its customers a chance to win exciting rewards when they make transactions using their MasterCard credit card ......read more

QFBA, in collaboration with CFA Society Qatar, hosted a free CFA Information Session…

Doha, Qatar, May 19, 2018:   In line with the Qatar National Vision 2030 towards developing human capital and as part of its mission, Qatar Finance and Business Academy (QFBA) in collaboration with the CFA Society Doha organized a free CFA information session on Tuesday May 8, in order to create an awareness for finance professionals on the importance of being certified in a fast moving ......read more

Barwa Bank announces impactful campaigns during the holy month of Ramadan to enhance customer ...…

Doha, Qatar – May 17, 2018 – Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, has announced a slew of customers centric campaigns and initiatives for the holy month of Ramadan. In one of the initiatives, the Bank has launched Mastercard Weekend offer for its existing Barwa Bank Mastercard holders. The move has been taken in order to ......read more

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

Doha, Qatar – 13 May 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, Randa Abumaali and Lamiaa Gomaa Allak each won a cash ......read more

Barwa Bank announces the 2nd draw winners of Salary Transfer campaign…

Doha, Qatar – May 07,  2018:   Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the names of the second draw winners of Salary Transfer promotional campaign, at the Bank’s headquarters. The draw was held on May 6th, 2018 and five winners took home a QAR 20,000 cash price each: Ebrahim Haidar Abdulla, ......read more

QFBA joins forces with Barwa Bank for “National Leadership Development' program…

DOHA, Qatar – 6 May 2018:   Qatar Finance and Business Academy (QFBA), has joined hands with Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, in offering a new and innovative leadership development program, from January 31 to December 12, 2018, aimed at educating managers on how to become more effective leaders in ......read more

First Finance Company receives ISO 9001:2015 certification…

Doha – Qatar, May 03, 2018-   First Finance Company (FFC), a subsidiary of Barwa Bank Group, has received the Quality Management System Standard Certification, known as ISO 9001:2015 from the international accredited registrar DNV GL in the field of providing financial services in accordance with the Islamic Shari’ah law. Mr. Eslah Assem, Chief Executive Officer ......read more

Qatar Development Bank Launches “QDB Investment Forum”…

In order to provide venture capital Doha, Qatar, May 1, 2018: Qatar Development Bank (QDB) today, in the presence of distinguished guests, announced the launch of “QDB Investment Forum” with an aim to attract global venture capital firms to set up their base in Qatar in order to facilitate the exchange of knowledge, service, and expertise for the Qatari SMEs and entrepreneurs to ......read more

QDB Awards Best Entrepreneurial Ideas at Al-Fikra National Business Competition 2018 Final Ceremony…

Final awards ceremony held under the patronage of the Minister of Economy and Commerce, His Excellency Sheikh Ahmed bin Jassim al-Thani Value of awards this year amounts to more than QAR 500,000 In the past, more than 200 ideas have been presented at the Al-Fikra nationwide contests – of which 14 business models have been supported through incubation time, integrated consultancy ......read more

Barwa Bank Group Discloses its Financial Statement for the First Quarter of 2018…

Net profit exceeded 208 million Qatari Riyals, an increase of 15% Doha – Qatar, April 2018- Barwa Bank Group disclosed its financial statements for the first quarter ending 31st March 2018, where the Group has recorded a net profit of QAR 208.7 million, representing an increase of 15% as compared to the same period in 2017. His Excellency Sheikh Mohammed Bin Hamad Bin Jassim Al Thani, ......read more

Al Khaliji in association with HEC Paris hosts Masterclass for its Valued Customers…

Doha, April 28, 2018 –   In a joint effort between Al Khaliji Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, and HEC Paris in Qatar, a leading provider of executive education, Al Khaliji Bank invited all private banking customers to attend an exclusive masterclass session on one of the most crucial topics ‘Managing in Challenging ......read more

al khaliji hosts their 6th Annual clay shooting competition in Doha…

Doha, Qatar – 25 April 2018 -   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, organized its sixth “Annual Clay Shooting Competition” at the Lusail Shooting Club. The competition welcomed numerous local and international corporate banks and companies to participate in the occasion. Launched in 2012, the first shooting event was ......read more

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 ......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 ......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, ......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 ......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 ......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 ......read more

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

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, ......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, ......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 ......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 ......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 ......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 ......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 ......read more

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

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 ......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 ......read more

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

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

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 ......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. ......read more

QDB organizes Product Certification Workshop to educate Qatari exporters on the requirements and ...…

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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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

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