Doha, Qatar, August 13, 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, Khaola Saad Al-Tairey and Bashaer Ameer Al-Mulla each won a cash prize of QR 10,000. Also, a cash prize worth QR 5,000 was awarded to the following bank clients:
Noora Mohammed Al-Baker, Hamad Aqeel Al-Shammari, Babiker Ali, Iqbal Ahmed Abdul Bari, Hessa Ibrahim Al-Hammadi, Khulood Esmaeil Mahmoudi, Hamad Ali Al-Marri, Aida Maath Abid, Abdulqawi Awad Al-Yafei, Adel Alawi Al-Sanabani, Ali Al-Kubaisi, Fatma Aly, Jamal Mohammed Al-Baker, Abdelaziz Soltan, Turki Mansour Al-Qahtani, Mohamad ......read more
Doha, Qatar, August 8, 2018: Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the final list of Mastercard Weekend offer winners, at the Bank’s headquarters. The winners were chosen based on the highest number of transactions during the weekends.
The winners announced by Barwa Bank are: Mohamed Shawara, Mir Afroze Ali, Moeed Ahmed, Mohamed Janahi, Kamel Lafi, Ayesha Banu, Abdulla Jassim Al-Malki, Yousef Al-Jassim, Ateeq Khalid and Ali Al-Rumaihi. Each winner took home a travel voucher worth QAR 5,000. In addition to the prize, they earned loyalty points from Barwa Bank with every purchase using Mastercard. These points would be redeemable with Qatar Airways Privilege Club, Nojoom and other leading merchants across Qatar.
The offer was valid for ......read more
Doha, Qatar, 07 August, 2018: As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance Group, the leading insurer in Qatar and the MENA region have collaborated with Dreama to provide sponsorship for quality housing refurbishment for orphans.
QIC Group has long focused on engaging in multiple CSR collaborations that make significant developments in the fields of human and social development. Evolving with the trends that underpin the changing CSR landscape in Qatar, QIC Group has been involved in various activities that contribute to the advancement of the society, including cultural, social and human values that create scalable impact.
Today CSR is considered an integral pillar for achieving sustainable development; not only in business, but ......read more
Qatar, July 31, 2018: Burgan Bank, one of the leading banks in talent and career development, announced its one-year sponsorship of leading knowledge transfer platform - Knowledge Club’s Season 2 workshops and seminars as part of its ongoing strategy to enhance its human capital capabilities through world-class training, strategic partnerships and supportive resources.
The agreement was signed with Vigor Events: the founder of the “Knowledge Club” and a first-class education and training provider in the Middle East and North Africa region. The “Knowledge Club,” running for the 6th year, provides top companies and individual professionals an exceptional training and development experience. The comprehensive program will hold seminars, conferences, and experiential learning workshops ......read more
QIC reports 91% of the full year 2017 profits in H1 2018
Improved underwriting performance reflects portfolio shift to lower volatility business
Doha, 25 July 2018 - Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, announced its financial results approved by the board for the first half of 2018.
In H1 2018 QIC Group recorded growth in Gross Written Premium (GWP) of 5% to QAR 6.6 billion. This performance reflects the steady and systematic expansion of QIC Group’s international operations, which has further expanded in select low volatility classes.
The MENA markets continued to generate stable premiums and underwriting profitability, weathering unabated geopolitical headwinds. Against this backdrop, the Group reported profits to the tune ......read more
Doha, Qatar – July 22, 2018 – Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, has announced Mr. Abdulrahman Saad Al-Kuwari 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 Economy and Commerce.
Thara’a offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari riyals, a first for Islamic banks in Qatar. 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 ......read more
Net profit of QAR 335 million, an increase of 5% year on year
Increased Operating Income to QAR 617 million
Operating expenses were QAR 166 million, 3% lower compared to H1, 2017
Deposit growth of 3% to QAR 33 billion
Doha, July 19, 2018: Al Khalij Commercial Bank (al khaliji) P.Q.S.C., announced its financial results for the first six months of 2018, reporting a Net Profit of QAR 335 million. This was driven by growing operating income, effective cost management leading to lower operating expenses.
His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Chairman and Managing Director stated:
al khaliji continues to achieve robust profit due to the added momentum of our Qatar-centric medium term strategy. Our prudent risk management practices coupled with strong capital position have ......read more
Doha, Qatar, July 18, 2018: Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the names of the fourth draw winners of Salary Transfer promotional campaign, at the Bank’s headquarters.
The draw was held on July 5th, 2018 and five winners took home a QAR 20,000 cash price each: Nasr Merghani Mohamed, Mohamed Hedi Karmous, Juma Hamed Alsaadi, Khalifa Hamad AL- Subaey and Ahmed Isam Ahmed.
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.
Barwa Bank had launched its Salary Transfer promotional campaign offering customers a chance to win cash and other rewards that sum up to QAR 1 million. Customers opening new salary accounts ......read more
As part of supporting small and medium enterprises
Doha, Qatar, 17, July 2018: Qatar Development Bank (QDB) organized a workshop on national strategy for business incubators and business accelerators, which was attended by representatives from concerned authorities responsible for entrepreneurship and development of small and medium enterprises in Qatar.
During the workshop, the main challenges facing Qatari entrepreneurs were discussed, furthermore, appropriate solutions were developed and opportunities to support emerging projects by establishing a foothold in local, regional and global markets were explored.
This strategy is the first of its kind in Qatar and in the Arab countries. It aims at nurturing business startup companies which help develop the business sector and young established companies who have ......read more
By the World Union for Arab Bankers
Doha, Qatar – 12, July 2018 – Barwa bank, Qatar's most progressive Shari’ah compliant service provider, has been awarded for its ‘Excellence in Diversified Islamic Services and Products in Qatar’ at ‘The Arab Banks Awards & Commendations of Excellence 2018’, which was recently organized by the World Union for Arab Bankers (WUAB) in Beirut, a grand ceremony attended by an elite group of regional financial and banking leaders, industry experts and VIP guests.
Commenting on winning, Barwa Bank stated:
“Being recognized by an important regional institution, such as the World Union of Arab Bankers, proves Barwa Bank’s commitment to providing a diverse range of the latest Sharia’h-compliant products within the best ......read more
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 billion), the highest ever achieved by the Group.
The key driver of total assets growth was from loans and advances which grew by 9% to reach QAR604 billion (USD166 billion). This was mainly funded by customer deposits which increased by 9% to reach QAR614 billion (USD169 billion) from June 2017. This helped to maintain QNB Group’s loans to deposits ratio at 98.4% as at 30 June 2018.
The Group’s drive for operational ......read more
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 win – which took place during a Gala Dinner ceremony recently held in Beirut in the presence of a host of elite Bankers and International figures – is a recognition of the highest standards of innovation, performance and exceptional service quality of al khaliji.
WUAB is a prominent non-profit Arab Forum that serves as an ideal platform for communication, networking, and information sharing, gathering under its umbrella today the ......read more
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 & Exhibition (Moushtarayat), held in Doha from April 23-25.
Coordinated by the Public Works Authority, Ministry of Finance and Qatar Development Bank (QDB), the event brought together small companies, large firms and government agencies, allowing the public and private sectors to interact while also providing a platform for state entities to showcase projects open for tender or direct assignment.
Moushtarayat 2018 saw more than 2000 ......read more
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 firm Oxford Business Group’s upcoming economic report on the country, ‘The Report: Qatar 2019’.
New developments in Qatar’s economy, including measures to support non-hydrocarbon growth and priority industries including agriculture, manufacturing and defence, will be explored in OBG’s economic analysis. ‘The Report: Qatar 2019’ will provide in-depth coverage of the country’s diversification ......read more
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 Abdulaziz Farooq, Jaber Rashid AL-Sennari, Dolsicima Ucag Biason and Krishna Chandran Nair.
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.
Barwa Bank had launched its Salary Transfer promotional campaign offering customers a chance to win cash and other rewards that sum up to QAR 1 million.
Customers opening new salary ......read more
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 of Qatar Development Bank’s special pavilion. The Bank’s participation in this international conference stems from the their mission to strengthen and diversify Qatar’s private sector with a focus on developing SMEs’ competitive edge and export services in global markets.
The Qatari participants under the Bank’s special pavilion included: Bu Matar Germany Factory for Plastic Products, Doha Plastic, Qatar ......read more
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 branch.
Barwa Bank's new Corporate ATM service, offering its corporate customers additional features that allow organizations to enhance the efficiency of their day-to-day business flow in the safest and most secure way possible, comes in line with the bank’s commitment to constantly enhance its customers banking experience.
On this occasion, Barwa Bank said in a statement:
“In line with our commitment to providing ......read more
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 existing and new Barwa Bank Visa card holders. For every QAR 100 spent using Barwa Bank Gold and Platinum VISA cards, customers stood a chance to win two tickets to the CAT 1 match of the long-awaited football tournament scheduled to take place from 14th June 2018 to 15th July 2018.
The winners, Ismaeel Ayodele Balogun and Mohamed Khiar Haimuor have been granted two tickets each along with a fully paid package to fly to Russia and attend the ......read more
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 National Program (HBBNP) for developing Home-based businesses which was launched in 2015 to support this sector, and in return these business will contribute effectively to the local economy.
The “Ramadan Baazar Markets” was inaugurated by Mr. Ibrahim Al Mannai, Executive Director of Advisory Services and Incubations at Qatar Development Bank, Mr. Abdulsalam Abu Issa, CEO of Salam International, and Mrs. Aysha Al Mudahka, QBIC ......read more
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 Singapore.
Hosting a special Qatar pavilion, it offered a poised platform to SMEs to showcase their products and services and gain better business ties. FoodAsia, the largest food industry event in Asia-Pacific region, has a proven ability to attract the right profile and quality trade visitors from across Asia.
The list of participating companies included Qatar Meat Production Co, Global Farm for Agriculture, Agrico Organic Farms, Gulf Water Plant, ......read more
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 during the weekends. The offer is valid till July 21, 2018.
The winner will be chosen based on the highest number of transactions during the weekend, starting Thursday morning till Saturday midnight. 10 winners stand a chance to win a travel voucher worth QAR 5,000 each. In addition, the customers would earn loyalty points with every purchase. These points would be redeemable with Qatar Airways Privilege Club, Nojoom and other leading ......read more
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 world and give participants an idea as to what they can expect from taking this course at QFBA. Participants from different sectors in Qatar such as Georgetown University, Qatar National Bank (QNB), Shell Qatar and KPMG in Qatar, have joined the session.
QFBA, in collaboration with CFA Society, are successfully implementing programs that work towards creating a knowledge-based economy.
Commenting on the occasion, Dr. Mohammed Abdullah Al ......read more
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 encourage the credit card holders to spend more using their cards during the weekends. This offer is valid till July 21, 2018.
The winner will be chosen based on the highest number of transactions during the weekend, starting Thursday morning till Saturday midnight. 10 lucky winners stand a chance to win a travel voucher of QAR 5,000 each. Additionally, the customers would also earn loyalty points with every purchase. These points would be ......read more
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 prize of QR 10,000. Also, a cash prize worth QR 5,000 was awarded to the following bank clients; Mohammad Syed Mohammad, Hussain Sultan Al-Jaber, Mohamed Mohamed Hussain, Basma Ali, Abdulla Saad Marafi, Farideh Esmaeil Nowdaz, Iman Ghommidh, Aydeh Almaridi, Oamar Ahmed Al-Mulla, Abdulla Hamad Al-Mohannadi, Jumah Idrees Al-Fadel, Shayah Mohd Al-Hamli, Yousuf Ali Almohannadi, Nasser Ebrahim Al-Emadi, Ali Mohd Al-Ghaffari, Shawqi A.Aziz ......read more
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, Mohamed Rahma Thulla Shafeeq, Mohammed Rabiah AL-Kuwari, Dayo Aristotle Santos and Saleh Abdulla Ismaeel.
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.
Barwa Bank had launched its Salary Transfer promotional campaign offering customers a chance to win cash and other rewards that sum up to QAR 1 million. Customers ......read more
Doha, 21 February 2017: Al Khalij Commercial Bank (al khaliji) Q.S.C. held its Annual General Assembly (AGA) and its Extraordinary General Assembly (EGA) meetings on Monday 20 February 2017.
At the Annual General Assembly meeting, the shareholders endorsed the financial statements for the fiscal year ended at 31 December 2016 which reflect a Net Profit after Tax of QAR 427 ......read more
Doha, Qatar – 20 February 2016: Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the 15th round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As such Mr. Khalifa Ali K A Al-Kubaisi, Ms. Nouf Ibrahim A H Al-Sada, Mr. Mohd Alawi S A Al Yafei and Mr. ......read more
Dubai, February 19, 2017: Doha Bank hosted a Knowledge Sharing Session on “Changing Global Dynamics and Opportunities” on Thursday the 16th February 2017 from 6.30 pm at Lotte Hotel, Seoul, South Korea.
H.E Mr. Kim Jin-Soo, Secretary General, Korea Arab Society attended the event. The event also witnessed participation from Qatar embassy, Oman embassy and Kuwait embassy in ......read more
Doha, Qatar – 19 February, 2017: The First Investor (TFI), the leading Qatari Islamic investment banking firm, a subsidiary of Barwa Bank Group, has been awarded the “Best GCC Equity Fund” for its flagship product “The First Investor GCC Equity Opportunities Fund (Q)”. The award was announced at the “MENA Fund Manager Performance Awards” held in the ......read more
Dubai, February 09, 2017: Doha Bank, a prime and progressive bank in Qatar has been recertified the coveted ISO 20000-2011 certification for its continuous compliance to global standard for IT Service Management. Doha Bank was the FIRST organisation in the GCC to have achieved the ISO/IEC 20000 certification in 2007 and still remains the ONLY financial organisation in Qatar to be ......read more
EFS’ ongoing contracts portfolio reaches all time high of AED 3.5 Billion across MENA, South Asia and Turkey
Dubai, UAE, February 2, 2017: EFS Facilities Services, a regional leader in delivering integrated facilities management services across the Middle East, Africa, South Asia and Turkey, today announced major contract wins worth AED 450 Million in UAE and Qatar. The ......read more
Dubai, January 29, 2017: Doha Bank was honoured with the ‘Best Commercial Bank Qatar, 2016’ in the Commercial Bank Category at the International Finance Magazine (IFM) awards 2016. The ceremony was held at the JW Marriott Marquis hotel, Dubai on 26th January 2017, and the award was received by Mr. Alaga Raja, Head of Doha Bank’s Abu Dhabi Branch. The IFM Awards 2016 ......read more
Dubai, January 23, 2017: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced that the Board of Directors (BOD) in its meeting held on 22nd of January, 2017 has approved the draft of the Bank’s audited financial statements for the year ended 2016. His Excellency added that the net profit of the Bank for the year 2016 ......read more
Doha, Qatar - January 21, 2017
Republic of Turkey (Ba1/BB/BBB-) priced yesterday a USD 2 Billion long 10-year Senior Unsecured global bond. The USD benchmark offers a semi-annual coupon of 6.00% and matures on 25 March 2027. It offers investors a yield of 6.15% (semi-annual), which is equivalent to a spread of 375.7 basis points over the 2% US Treasury due 15 Nov 2026.
The ......read more
Doha, December 28, 2016: Al Khalij Commercial Bank (al khaliji) P.Q.S.C, Qatar's next generation bank, has launched an internal drive to support the environment by adopting sustainable best practices on its premises, as part of its ongoing commitment to the environment. This initiative comes as part of al khaliji’s ongoing CSR practices.
To set the campaign in motion, the bank ......read more
Open to all Qatar residents
30 lucky winners will each take home QR 1,000
A second draw where 3 iPhones are on offer
Doha, Qatar –12 December 2016: In an effort to revive the country’s rich history and heritage, Barwa Bank, Qatar’s most progressive Shari’ah compliant service provider, is celebrating the Qatar National Day (QND) with an ......read more
December 10, 2016: On 7th and 8th December 2016, Alfardan Group hosted the 4th CSR Conference in Qatar at Al Gassar Ballroom, in the St. Regis Doha. The event was organized by Dar Al Sharq and was held under the patronage of His Excellency Sheikh Abdulla Bin Saoud Al Thani, Qatar Central Bank Governor. It focused on strategy development and business performance support in the framework of ......read more
Doha – Qatar, December 7, 2016 – Qatar Finance and Business Academy (QFBA), has recently launched its all-new revamped open programs calendar for 2017, in the first of a series of steps designed to elevate the status of the Academy as a center of excellence for its clients and partners, while propelling its contribution to the realization of the Qatar National Vision 2030 to a whole ......read more
H.E. Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister, State of Qatar to Open Conference with Official Address
Doha, Qatar, December 5, 2016: Senior bankers, financiers and economic experts from across the region and around the world are arriving in Qatar for the Euromoney Qatar Conference, which runs from 6-7 December 2016.
The high profile event, which is one of ......read more
Major Organisations Sponsoring and Speaking at Global Meeting of Bankers and Financial Leaders in Doha
Doha, Qatar, December 4, 2016: Leading international banks and some of Qatar’s most important financial institutions are set to participate in the forthcoming Euromoney Qatar Conference 2016, which runs from 6-7 December in Doha, Qatar.
The event, which is now in ......read more
Doha, Qatar – 4 December 2016: In a creative demonstration of its deep-rooted commitment to Qatari values, traditions and heritage, Barwa Bank, Qatar’s most progressive Shari’ah compliant service provider, celebrates the Qatar National Day (QND) with its limited-edition Platinum Credit Card for the second year in a row.
Introduced to customers on December 1st, the ......read more
The Bank’s won the prestigious ‘Best Shari’ah Compliant Commercial Bank - Qatar’ title at the 11th Islamic Business & Finance Awards
QFB’s corporate and institutional banking range of products and liability solutions include Wakala, Murabaha, Ijara, Istisna’a, etc.
The team has been able to grow QFB’s local asset and liability book, while ......read more
Dubai, November 22, 2016: Doha Bank in collaboration with Embassy of Sri Lanka in Qatar, Board of Investment of Sri Lanka and Ministry of City Planning and Water Supply, Sri Lanka hosted business and investment forum in Doha Bank Auditorium, Doha, Qatar on 20th November 2016. The inaugural session witnessed participation Prof from (Dr.) W M Karunadasa, Ambassador for Sri Lanka in Qatar, and ......read more
Al Khalij Commercial Bank (al khaliji) P.Q.S.C, Qatar’s next generation bank, successfully concluded its ‘Career Day’ at the Marriott Marquis hotel with the presence of representatives from the Ministry of Administrative Development, Labour and Social Affairs. At the event, the bank provided the right platform to explore the latest career opportunities in the ......read more
Qatar, 1 November 2016: Milipol Qatar 2016, under the patronage of HH the Emir Sheikh Tamim bin Hamad Al-Thani, has been officially opened today by HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani. The 11th edition of the leading biannual event dedicated to homeland security in the Middle East, will run for three days at the Doha Exhibition ......read more
Zara, Virgin, Eataly and PAUL dominated the 6th edition of the of the renowned RetailME Awards in Dubai
Dubai, UAE, October 20, 2016: Azadea Group, the premier lifestyle retail company that owns and operates more than 50 leading international franchise concepts across the Middle East and Africa, has announced winning 6 awards through its prominent brands at the ......read more
October 20, 2016. Dubai, UAE- Qatar Navigation (Milaha) Q.P.S.C. recently announced its financial results for the nine months ended September 30, 2016.
Key financial highlights:
• Operating revenues of QR 1.99 billion for the nine months ended September 30, 2016, compared to QR 2.30 billion for the same period in 2015
• Operating profit of QR ......read more
Dubai, UAE, October 20, 2016: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank's financial results for Q3 2016. The net profit for Q3 2016 is recorded at QAR 1,019 million despite the sharp decline in the oil prices and the challenges in the financial markets across various countries. The bank ......read more
Doha, Qatar, October 17, 2016: Doha Bank has become the first bank in Qatar to achieve the prestigious ISO 9001:2015 accreditation, the newly revised international standards for Quality management systems.
ISO 9001 is the world’s most widely recognized standard for quality management systems, and its latest revision was published on September 23, 2015. The standard helps ......read more
“Fulfilled by SOUQ” and “SOUQ Selling Center” especially designed to support Sellers to grow their businesses and provide exceptional shopping experiences to the customers
Dubai, UAE, October 12, 2016: SOUQ.com, the largest online and marketplace platform in the Middle East hosted a highly engaging event to enable and empower sellers and ......read more
Dubai, UAE, October 10, 2016: QNB Group, the largest bank in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2016.
For the nine months ended 30 September 2016, Net Profit reached QAR9.7 billion (USD 2.7 billion), up by 11% compared to last year. Total assets reached QAR713 billion (USD196 billion), up by 37% from September 2015, the ......read more
October 05, 2016 - Demonstrating its commitment towards the highest standards in quality, technology and hygiene, Dhofar Global, a leading supplier of hygiene care products in the Middle East, has signed a strategic partnership with ffuussTM, a hand dryer manufacturer and part of Spain-based OTS Group. The contract awards Dhofar Global the exclusive distributorship of ffuussTM air dryers in ......read more
Third Annual Investment Conference to be held 5-6 October
McKinsey & Co to present key findings from the new‘Lions on the move II’ report
HE Sheikh Nahyan bin Mubarak Al Nahyan to attend as guest of honour
Dubai, UAE, October 4, 2016: Close to 400 business leaders and government representatives will meet in Dubai next week to discuss foreign investment ......read more
UAE, October 2, 2016 - The Arab Region’s most talked about CSR Forum will be happening on October 19, 2016 in Dubai. Taking place annually for the past six years, the forum has become known all over the Region and even beyond as a platform that promotes latest thinking and current philosophies around CSR and sustainability.
This year too, the forum will present fresh thinking and ......read more
Doha, Qatar – September 19, 2016 -- The global advertising market is undergoing fundamental changes due to changing dynamics and the increased use of digital media. And a recent study by Northwestern University in Qatar (NU-Q) reports that that transition is also causing a slow expansion of ad revenue in the MENA region.
The study, Media Industries in the Middle East, 2016 , which ......read more
Investors conference on “Kerala-Qatar Investment Opportunities“ held as part of the inauguration was attended by major investors from India and GCC
Kerala and GCC can synergise their bilateral relationships for long term benefits, says Dr. R. Seetharaman, CEO, Doha Bank
Dubai, August 28, 2016: Chief Minister Pinarayi Vijayan inaugurated the Kochi Branch of Doha ......read more
Dubai, UAE, August 18, 2016: Doha Bank is set to inaugurate the state of the art branch in Kochi, the only branch of a GCC based bank in India. Kochi branch will be located in the LULU International shopping Mall at Edapally. The branch will be inaugurated by H.E. Mr. Pinarayi Vijayan, the Hon’ble Chief Minister of Kerala, in the morning at 10 am in the presence of senior ......read more
August 4, 2016. Doha, Qatar -- Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the six months ended June 30, 2016.
Key financial highlights:
• Operating revenues of QR 1.387 billion for the six months ended June 30, 2016, compared to QR 1.507 billion for the same period in 2015
• Operating profit of QR 371 million ......read more
Dubai, UAE, August 4, 2016: The Arts, Sciences and Technology University in Lebanon (AUL) bestowed upon Dr. R. Seetharaman, Doha Bank CEO the ‘Doctor of Philosophy (Honorary)’ at their Annual Graduation Ceremony, which was held on 2nd August 2016 under the patronage and the presence of H.E. Engr. Gebran Bassil, Lebanese Minister of Foreign Affairs at AUL.
Dr. ......read more
Dubai, UAE, July 23, 2016: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank's financial results for the first half of 2016. Net profit for the first half of 2016 recorded QAR 708 million despite the sharp decline in the oil prices in the Gulf area and the challenges that face the financial markets in ......read more
Qatar, July 13, 2016:
QNB Group, the leading bank in the Middle East and Africa (MEA) region, announced its results for the six months ended 30 June 2016.
For the first half of 2016, Net Profit reached QAR6.2 billion, (USD 1.7 billion) up by 12% compared to last year. Total assets increased by 36% from June 2015 to reach QAR692 billion (USD190 billion), the highest ever achieved by ......read more
EXTON, Pa., U.S.A.– July 13, 2016 – Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced a new Global Framework Agreement with Shell. The agreement serves to improve Shell’s capital project construction execution through automated 4D/5D construction management solutions provided by Bentley as a ......read more
June 27, 2016: Alfardan Group has extended its full support to the highly successful Watany Qatar media campaign launched recently to celebrate the country’s continuing socio-economic prosperity and strength under the leadership of H.H. Sheikh Tamim bin Hamad bin Khalifa Al Thani, Emir of Qatar. As Gold Sponsor, the Group has demonstrated once again its unparalleled commitment to key ......read more
UAE, May 23, 2016–Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, commemorates the 50thAnniversary of its establishment. To mark the occasion and in line with the wise directions and vision of the UAE’s leadership to consolidate the country’s prominent position in the region and the world, the company is poised to establish new ......read more
May 16, 2016. Doha, Qatar– Milaha, a Qatar-based marine transport and logistics conglomerate, and DSV, a Denmark-based provider of global transport and logistics, have signed an agreement by virtue of which Milaha will become the exclusive agent for DSV in Qatar. The agreement will significantly expand Milaha’s presence on the global logistics scene and will provide access to +1,000 ......read more
Dubai, UAE, May 11, 2016: H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of Doha Bank, announced that the Ordinary General Assembly of the Shareholders in its meeting held on 10/5/2016 has unanimously agreed for Doha Bank to:
1. Issue Certificate of Deposits (CD) program whose main components would be as follows:
The Bank will issue Certificate ......read more
April 19, 2016. Doha, Qatar -- Milaha has signed a one-year feeder agreement with Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), to transport up to 150,000 TEUs (Twenty Foot Equivalent Units) of petrochemical exports from Qatar. The contract was signed during a ceremony attended by H.E. Sheikh Ali bin Jassim Al Thani, Chairman of Milaha’s Board of Directors, ......read more
Special Panel on Digital Ecosystem Planned for Euromoney Saudi Arabia Conference
Doha, Qatar: The Kingdom of Saudi Arabia’s financial sector is likely to encounter significant disruption from new financial technologies in the coming years, but could emerge stronger and more streamlined, according to experts gathering for the Euromoney Saudi Arabia Conference this May.
Financial ......read more
Dubai, April 19, 2016: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank's financial results for the first quarter of 2016. Net profit for the first quarter of 2016 recorded QAR 354 million. The bank sustained the core income as the net operating income is marginally up by 0.4 per cent as compared to same period ......read more
March 17th, 2016. Dubai, UAE- Qatar Navigation (Milaha) Q.S.C. held its Ordinary General Assembly meeting on March 16, 2016, during which the company’s audited financial results for the year ended 31 December 2015 were approved.
The General Assembly also ratified all the remaining items on the Agenda, including the proposal by the Board of Directors to distribute a cash dividend of 50% ......read more
Opening Panelists To Explore ‘Strategic Investment In Research And Innovation For Society’
Doha, Qatar, March 8, 2016: Qatar Foundation Research and Development (QF R&D) has announced the keynote speakers for its Annual Research Conference 2016 (ARC’16), which is set to take place on 22nd and 23rd March at the Qatar National Convention Centre (QNCC).
Aimed ......read more
Strategic Investment in Research and Innovation to Outline ARC 2016 Programme
Doha, Qatar, 2 March 2016: The Annual Research Conference 2016 (ARC’16), Qatar Foundation Research & Development’s (QF R&D) flagship event, is set to take place from 22nd to 23rd March at the Qatar National Convention Centre (QNCC).
Bringing together some of the world’s brightest ......read more
Shareholders approve raising QIC’s capital to QAR 2.43 billion at AGM
Shareholders approve recommended distribution of cash dividend payout of 25%
Doha, 21 February, 2016: Despite sluggish economic growth and falling commodity prices, Qatar Insurance Group recorded 49% year-on-year growth in Gross Written Premium (GWP) to QR 8,347 million (2014: 5,614 million). Net Insurance ......read more
Dubai, UAE, January 31, 2016: The Qatar Financial Centre’s (QFC) plans to broaden its business services by introducing additional tools to streamline its client interfaces is set to attract further foreign investment, according to Links Group, one of Qatar’s leading providers of commercial facilitation and advisory services.
The services will be implemented by the first ......read more
OECD recommendations to change tax landscape in the region
Doha, January 24, 2016: EY today is hosting a seminar on changes to the tax and regulatory environment in Qatar, highlighting that taxation is likely to become a more prominent business concern across the Middle East. While low corporate tax rates will probably remain, value-added tax (VAT) seems likely to be introduced ......read more