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
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
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
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
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 registration for Al Furjan markets phase I raffle draw to award retail space, starting October 21, 2018. The registration process will last for 30 days, and the bank is inviting all Qatari citizens to apply through Al Furjan mobile application to supervise the governance of the raffle process and to ensure total compliance and transparency.
The path breaking plan was announced yesterday, on Tuesday October 9, during a press conference, held ......read more
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 advocates the development of human capital to build a strong knowledge based economy through support from its Senior Management. In view of this, QIC Group continues to attract, motivate, develop and retain Qatari talent. Pursuant to its consistent efforts at aligning with this goal, QIC Group has not only attracted, but has also groomed young and ambitious Qatari nationals to assume leadership and senior specialist positions within the Group. ......read more
Export Development and Promotion Department ‘TASDEER’ achievements report of Q3 2018
Participating in global events
Hosting trade missions
Doha, Qatar, October 3, 2018: In continuation to its vision of expanding scope of Qatari companies across the globe, Qatar Development Bank’s Export Development and Promotion Department ‘TASDEER’, hosted in recent months several trade missions as well as participated in a number of exhibitions in lucrative parts of the globe. Through its activities, TASDEER aims to promote exports from Qatar and enhance the expanse of Qatari SMEs at global platforms.
With an aim to support Qatar National Vision 2030 and enhance the growth potential of Qatari SMEs, Qatar Development Bank (QDB) took part in Columbia ......read more
Marking the culmination of 5 previous draws leading to the win of 25 customers
Doha, Qatar, 2 October, 2018: Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the grand prize winner of Salary Transfer promotional campaign, at the Bank’s headquarters. The final draw was held under the supervision of a representative of the qualitative license and market control department at the Ministry of Economy and Commerce. The winner was Mr. Mohammad Raja Aljaowni who drove home a brand-new Lexus LX 570; a grand win that marked the culmination of 5 previous draws that were held during the campaign’s period and led to the win of 25 customers - 5 customers per draw - with cash prizes of QR 20,000 each.
Barwa Bank’s Salary Transfer promotional campaign, ......read more
Doha, Qatar, 26 September, 2018: The Official Spokesperson of Qatar Insurance Group Mr. Abdulla Al Mulla announced that the Board of Directors of Qatar Insurance Company during their meeting yesterday have approved the establishment of a Limited Liability Company (LLC) in accordance with the rules set out by the Qatar Financial Centre (QFC).
The new company will be established with an initial capital of QAR 1,800,000 (One million eight hundred thousand Qatari Riyals). The new company will be named Epicure Investment Management or any other name that is approved by the Qatar Financial Markets Authority (QFMA). The new company will carry out investment business consultation.
Doha, September 19, 2018 : Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in recognition of its relentless efforts over years to adapt to market challenges while introducing new products and services, has won the ‘Best Bank in Productivity’ Award at the New Age Banking Awards 2018.
The award to al khaliji Commercial was presented in ceremony held at InterContinental Doha – The City West Bay on September 18, 2018. The New Age Banking Awards 2018 was supported by Qatar Central Bank (QCB) and Qatar Financial Centre Regulatory Authority (QFCRA).
On receiving the award, Ms. Rana Al Asaad, Head of Personal Banking al khaliji Bank, said:
“We are honored to receive this prestigious award. It has always been our endeavor to reach that extra mile in satisfying our ......read more
Doha, Sept 19, 2018: Oman Qatar Insurance Company (OQIC), a subsidiary of Qatar Insurance Group and a premier insurer in Oman has been awarded the best performing company in Small Cap (below OMR 25 million) category in Oman. The prestigious award was announced by Alam al-Iktisaad Wal A’mal (AIWA) Award 2017, which is published by United Media Services, the leading Arabic business magazine in the Sultanate of Oman.
The criteria for the nomination of the award were based on various parameters such as business growth, performance, profits etc. for the year 2017. The ranking for the award was performed by Gulf Baader Capital Markets and the results of the listed companies (on Muscat Securities Market - MSM) were validated by KPMG.
Established in 2004, Oman Qatar Insurance Company (OQIC) currently has ten ......read more
Doha, Qatar, September 16, 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, Wasmiya Dalhem Al-Kuwari and Madhuri Jalan each won a cash prize of QR 10,000. Also, a cash prize worth QR 5,000 was awarded to the following bank clients:
Maher Almokhtar Rouhdu, Abdulla Turki Al-Subaey, Aysha Essa Al-Sulaiti, Abdulla Ali Al-Kuwari, Hamad Ali Al-Kaabi, Abdulla Mohammed Al-Hamadi, Aljori Yousef Al-Jaber, Obaidullah Muhammad, Zaid Said Hamto, Iqbal Abdul Bari, Bassel Zeini, Georges Nader, Mohammad Mustafa Wais, Faisal Ali Al-Anssari, Tameem Adel Al-Joof, Ghazi Yagoub ......read more
Doha, Qatar, September 16, 2018: First Finance Company (FFC), a subsidiary of Barwa Bank Group, is pleased to announce the opening of its new branch located at “Mawater City”, Area 1, opposite Aqua Park, Building number 5, the objective of this branch is to facilitate car purchases and easy access of finance for individuals. Aimed to be a one-stop-shop, this branch would assist ease to customers in buying and financing for cars.
Based on the premise of care, simplicity, and flexibility, it will help simplify procedures and offer flexible credit conditions. Instant approval would be offered to customers opting for the services. Apart from this, other associated advantages include zero down payment (for Qataris); installments up to 72 months (for Qataris); installments up to 48 months (for expats); up ......read more
Doha, Qatar, 10 September 2018: In line with the State’s interest in developing the role of the private sector and its contribution to the Gross Domestic Product (GDP), particularly the Small and Medium-sized Enterprises (SME) sector, Qatar Development Bank (QDB) continues its efforts to develop this sector alongside other relevant entities. Among these efforts is understanding and acknowledging the evolution of entrepreneurship in Qatar to explore the challenges facing entrepreneurs, their characteristics, and their motivations to establish their businesses, as well as other factors that benefit policy makers.
In its continuous quest to support the growth of Qatari economy by way of enhancing SMEs’ performance, QDB takes immense pleasure in launching the Global Entrepreneurship Monitor (GEM) report ......read more
Doha, September 10, 2018: Qatar Re, a global multi-line reinsurer and a reinsurance subsidiary of Qatar Insurance Group has been ranked 27th amongst top fifty global reinsurers by international credit rating agency, A.M. Best. The new assigned ranking affirms Qatar Re’s very strong capital base and well diversified portfolio, which is coupled with global business diversification, serving global reinsurance markets.
Qatar Re’s new ranking was assigned on the basis of unaffiliated Gross Written Premium (GWP) in 2017. Besides having a strong track record of operational performance and robust underwriting, the reinsurer also wrote non-life reinsurance business worth QAR 1,626 million in 2017.
Licensed as a Class 4 reinsurer by the Bermuda Monetary Authority (BMA), Qatar Re is headquartered in Bermuda. ......read more
Doha, September 4, 2018: Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in recognition of its relentless support to local entrepreneurs and Small and Medium Enterprises (SMEs) in the country, for the second consecutive time won “Al Dhameen Best Customer Satisfaction Award” for 2018 by Qatar Development Bank (QDB).
al khaliji claimed the coveted title following its short-listing for the award, along with other high profile financial institutions, during a gala dinner ceremony that was recently held at Rotana City Center Hotel, in the presence of the Governor of Qatar Central Bank HE Sheikh Abdulla Bin Saoud Al-Thani, QDB Executive Director of Business Finance Mr. Khalid Abdulla Al Mana, Al Dhameen Manager Ms. Jawaher Humaid Al Noaimi and VIP ......read more
Doha, Qatar, 4 September 2018: Qatar Development Bank (QDB) takes pride in announcing the “Best Partner Bank Award” for supporting small and medium-sized enterprises (SMEs) through Al Dhameen Program. These awards recognize the contributions of participating banks that have supported the development organization’s Al Dhameen indirect loan facility program. This is one of the most successful initiatives by QDB to assist SMEs of Qatar and offer them the much needed support to grow further in their endeavors. The ceremony was held yesterday at City Centre Rotana Doha Hotel. The awards ceremony was graced by HE Sheikh Abdullah bin Saud al-Thani, Governor of Qatar Central Bank (QCB) and chairman of Qatar Development Bank (QDB), as well as the executive leadership and top management of participating banks, in ......read more
DOHA, Qatar, 04 September 2018: Following the overwhelming success of its previous Kawader runs and the graduation of the fifth cohort of ‘Kawader’ participants earlier this year, Qatar Finance and Business Academy (QFBA) in association with the Qatar Financial Center (QFC) Authority, launched the new cohort for its Kawader program which kicked off on September 2nd and is likely to conclude in December 2018.
Kawader program includes Financial Services relevant training based on global standards, which come as a result of the financial industry efforts to invest in the next generation of leaders in the Qatari Financial Sector.
The program is designed to train fresh Qatari graduates and young Qatari professionals in the early stage of their career towards accredited certifications to ......read more
Qatar, August 28, 2018: Barwa Bank and International Bank of Qatar (ibq) have announced that they have signed a final agreement regarding the merger of the two banks to create a leading Sharia compliant financial institution with a solid financial position and robust liquidity to support Qatar’s economic growth and finance development initiatives in line with Qatar National Vision 2030.
According to this merger agreement, the two banks will work to complete the necessary steps to consummate the merger, obtain the required approvals from the regulatory authorities and obtain shareholders’ approvals before the end of 2018. The two entities will be consolidated and operate as one bank subsequent to their respective general assemblies and the adoption of their final financial results for the fiscal year ending in ......read more
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
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
Chairman of Al Faisal Holding and the Qatari Businessmen Association interviewed by Oxford Business Group
Doha, 6 January 2016: A growing population looking for a wider range of goods and services is creating “ample business opportunities” for Qatari entrepreneurs across the board, Sheikh Faisal bin Qassim Al Thani, Chairman of industry giant Al Faisal Holding has ......read more
“Qatar’s strategy of diversification and investment will ensure that non-oil sector growth will continue” – Prime Minister
Qatar’s Stability is Supported by QR261 Billion Worth of Public Sector Projects – Minister of Finance
The outlook for the global economy in 2016 is very mixed, according to leading experts ......read more
Leading Qatari Executives and Bright Lights of Banking Sector will Attend December Event
Doha, Qatar: Some of the most influential figures from Qatar’s government, financial and public sectors are set to attend and speak at the upcoming Euromoney Qatar Conference 2015, which brings together international banking leaders with senior figures from the GCC region.
Running from 9-10 ......read more
This December experts from the US, Turkey, UAE, Egypt, UK, Saudi Arabia and other markets to provide Islamic finance industry with its asset allocation outlook for 2016
11 November 2015, Manama, Bahrain: The World Islamic Banking Conference (WIBC) 2015 will gather seasoned economists, asset managers and investment bankers who will provide a holistic view of asset allocation ......read more
Al khaliji France (UAE), a subsidiary of Al Khalij Commercial Bank (al khaliji) Q.S.C, will be organizing a career day series across the Emirates, in line with its strategic efforts exporting its talent recruitment and retention localization philosophy across its network.
Open to all fresh graduates and entry-level professionals in the UAE banking and finance field, the series will be held in ......read more
UAE, 27 October 2015– DuPont Sustainable Solutions (DSS) participates at this year’s Asset Integrity and Process Safety (AIPS) World, a conference designed for professionals associated with reliability, integrity and safety of field assets, which is held on October 27 and 28, 2015 in Doha, Qatar. The summit is expected to cover key techniques and functions related to asset ......read more
• The market value of the MENA design industry surpassed USD 100bn in 2014
• UAE and Saudi Arabia are by far the largest overall design markets in the region, respectively totaling USD 27.6bn and USD 21.9bn in design revenues in 2014
Dubai, October 27, 2015: Dubai Design and Fashion Council (DDFC) revealed the results of the MENA Design Outlook, a ground-breaking study ......read more
Masraf Al Rayan and Qatar International Islamic Bank lead Cost-to-Income Ratio rankings in the GCC
Manama, Bahrain, 25 October 2015: The WIBC Leaderboard announced today the global rankings of Islamic banks in terms of Cost-to-Income ratio, one of the financial performance sub-indicators of the Leaderboard. No less than three Qatar-based banks have appeared in the top 5 Islamic banks in the ......read more
Dubai, October 25th, 2015: Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the nine months ended September 30, 2015. Milaha delivered a net profit of QAR 959 million for the first nine months of 2015, a 17% increase compared to the same period in 2014.
Key financial highlights:
• Operating revenues increased by 17% to QAR 2.31 billion ......read more
Dubai, October 24, 2015: The 55th World Federation of Exchanges (WFE) General Assembly and Annual Meeting was hosted by Qatar Exchange this week at Marsa Malaz Kempinski, The Pearl – Doha. Doha Bank CEO, Dr. R. Seetharaman participated in the panel discussion “Opening the Middle east markets - The Shape of things to Come” on 21st October 2015.
Speaking at the panel discussion ......read more
Dubai, October 20, 2015: “We’ve been doing personal insurance business for 47 years in the UAE through our corporate clients – and this experience has shown us that there’s a gap in the personal insurance market – a gap that Qatar Insurance will fill” says Mr. Ali Al Fadala, Senior Deputy Group President & CEO of QIC Group
“Our personal ......read more
October 13, 2015: DHL Express Qatar has recently organized a visit to the Nedaa Centre for disabled children as part of its Corporate Social Responsibility (CSR) focus. The visit included several fun-filled activities and an exciting entertainment program to delight the kids featuring performances by magicians and clowns. DHL staff played an active role during the event and distributed gifts and ......read more
- From October 18th to 22nd
United Arab Emirates; September 22, 2015 – FAMOCO the French specialist of Android NFC readers just raised $4,5 millions and now aims at conquering the Middle Eastern market. The GITEX show, the 3rd largest technology event on the planet, is an opportunity for FAMOCO to meet its clients and gain prominence in the Middle East. FAMOCO exhibits at this event ......read more
Doha Bank marks yet another First in the Banking Industry in Qatar by being the first issuer of UnionPay cards in Qatar
Dubai, September 16, 2015: Doha Bank has continued to demonstrate innovation leadership in the country by partnering with UnionPay International to be the first issuer of UnionPay cards in the Qatar. Doha Bank and UnionPay International entered into a strategic relationship ......read more
United Arab Emirates ; September 9, 2015 - EQUITY, leader of governance and legal management software solutions for major corporations, continues its development and announces the signing of significant new contracts in the Middle East.
EQUITY, French governance and legal management solutions provider for large and medium corporations, announces the signing of contracts with new prestigious ......read more
- US$11.5 billion invested globally from the Middle East in H1 2015
- Middle East investment reaches 83% of 2014’s entire year investment in first half of 2015
Dubai, 09 September, 2015 – During the first half of 2015, US$11.5 billion of capital flowed out of the Middle East into direct real estate globally, according to the latest research from global property advisor CBRE Group, ......read more
The Strategic Alignment is designed to Generate Business Opportunities in the GCC and India
Dubai, September 06, 2015: Doha Bank and Reliance ADA Group have entered yesterday into an alliance to create new opportunities for co-operation and innovation in terms of business development across the GCC and India. The MOU is envisaged to provide tangible business opportunities and further prospects ......read more
Dr. Zeti Azi, Governor of Malaysia’s Central Bank, delivered the inaugural Keynote Address at historic forum in the UK
Dubai, United Arab Emirates, 1 September 2015: Ethical finance leaders from Europe, East Asia, the Middle East and Africa gathered today at a historic forum for the global responsible investments industry. The Global Ethical Finance Forum (GEFF), with the official ......read more
Dubai, September 01, 2015: Dr. R. Seetharaman, Group CEO of Doha Bank had submitted his doctoral thesis on “Green Banking and Sustainability” to Sri Sri University recently and on August 16, 2015 he was invited to defend the same. The Viva Examining Board on the basis of unanimous opinion has recommended that Dr. Seetharaman be awarded the Ph.D. Degree on “Green Banking and ......read more
PA Consulting Group study shows organisations in UAE, Saudi, Qatar must develop staff to think creatively to boost productivity
Abu Dhabi, UAE, 30 August 2015: Management in the Gulf need to take more risks and develop staff to think creatively, according to a new global innovation survey designed to help companies stop wasting their best ideas and flushing hundreds of billions of dollars down ......read more
Buy-back of up to 50 million shares reflects confidence in business strategy and growth potential
Taipei, Taiwan – August 24, 2015 – HTC Corporation today announced that its Board of Directors has authorized a share repurchase program to restore investor confidence and increase shareholder value.
The share repurchase program, which will run over the course of the next two ......read more
-Deloitte: Risk appetite in the Middle East curbed
-Deloitte: Optimism in UAE drops to a net 46% from net 61% previously
24 August, 2015 – The continuation of low energy prices is impacting both optimism and risk appetite in the Middle East, according to Deloitte’s latest report “Global CFO Signals: CFO Sentiment Q2 2015 – Staying focused; remaining vigilant”. ......read more
Global best practice standards, customer service delivery and expert event management ensure QNCC’s overwhelmingly positive customer satisfaction rating
Doha, Qatar, 24 August 2015: Qatar National Convention Centre, the Middle East’s leading exhibition and convention centre, recently conducted a survey amongst its international and regional clients garnering feedback on its event ......read more
Sharp drop in price of gold has spurred strong buying interest from retail investors and jewelers in Qatar
Dubai, August 23, 2015: As falling gold prices continue to fuel strong buying interest in gold, Doha Bank is building up its gold supply to meet increased consumer appetite for the yellow metal. The Bank imported a record 23,818 ounces of gold in the first seven months of 2015 to keep up ......read more
The Islamic finance industry has reached almost $2 trillion in total assets at the end of 2014
Dr. Sayd Farook will bring international expertise and track record to leading Middle East knowledge platform
21 July 2015, Dubai, United Arab Emirates: Middle East Global Advisors has appointed Dr. Sayd Farook as Vice Chairman and Chief Executive Officer.
Dr. Sayd Farook joins ME Global ......read more
Future Market Insights (FMI), in its latest report titled, “China First Aid Market Assessment and Opportunity 2014 - 2020”, projects the China first aid market to exhibit a CAGR of 6.3% between 2015 and 2020. Adoption of aggressive promotional campaigns are key factors driving growth of the market.
The report is focused on basic first aid products such as adhesive bandages, ......read more
UAE, July 15, 2015 - Al Hilal Bank, the progressive Abu Dhabi - headquartered Islamic Bank, has announced the resignation of Mr. Mohamed Jamil Berro as the CEO, a position he has held since the bank’s establishment in 2008. Mr. Berro explained that his resignation is due to personal reasons. The Board of Directors expressed their appreciation for Berro, commending his vital role in raising ......read more
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 2015. Net profit for the first half of 2015 recorded an impressive QAR 801 million as compared to QAR 787 million for the same period in 2014 showing an increase of ALMOST 2%. H.E. Sheikh Fahad said “This is another ......read more
Dubai, July 2015: Leading advertising agency Leo Burnett MENA collected an array of awards at the Cannes Lions International Festival of Creativity 2015, the world's biggest annual awards show and festival for professionals in the creative communications industry. The agency scooped a total of nine Lions at the prestigious event – which takes place every June in Cannes, France – ......read more
Dubai, July 14, 2015: Doha Bank hosted a knowledge sharing session recently in Kolkata, India on “Opportunities in Qatar and GCC“. The event was attended by key industrial offiicials and dignitaries including Mr. P. Roy, Director-General, The Bengal Chamber of Commerce & Industry(BCCI), Mr. Alok Roy, President, BCCI , Hon’ble Mr. Firhad Hakim, Hon’ble Minister for ......read more
Doha, Qatar, 08 July 2015: DHL Express, the world’s leading logistics company, has expanded its presence in Qatar with the opening of its fourth in mall service point in City Centre Mall, helping to boost accessibility, efficiency and accessibility for its customers.
DHL now operates 11 service points in Qatar thus reaffirming its commitment to the country and its growing customer ......read more