Qatar- July 17, 2019: As part of its ongoing efforts to empower its staff with the right mix of technical know-how, business acumen and capabilities, Qatar Insurance Group, the leading insurer in the MENA region recently conducted an in-house introductory training program on Risk Management & Insurance.
With the support from its Senior Management, QIC Group consistently endeavors to fulfill its objective of facilitating knowledge sharing & enhancement by conducting in-house training programs that are considered pivotal for the development of its human capital.
The in-house training programs are an integral part of the QIC Learning Academy, which was established last year. It focuses on providing comprehensive development programs in the form of formal and informal learning modules, mentoring and work-based experiences ......read more
Aimed to raise awareness of entrepreneurship among students from 16 to 24 years
Doha, Qatar – 16th July 2019: Bedaya Center for Entrepreneurship and Career Development (Bedaya Center), a joint initiative by Qatar Development Bank and Silatech, successfully concluded the inaugural episode of the 2019 edition of its annual Summer Camp. The camp took place from 30 June till 11 July 2019, witnessed participation of a large number of students in age group of 16 to 24 years old. Meanwhile, preparations are also underway for participants for the second episode of the 2019 edition of the summer camp, scheduled to be held from 14 July to 25 July 2019.
The Summer Camp included visits to successful projects owned by local entrepreneurs where students had the opportunity to work temporally and explore ......read more
Doha- Qatar, 8 July 2019: Al Khalij Commercial Bank (al khaliji) P.Q.S.C. announced that its Board of Directors will meet on 23/07/2019 to approve the financial results ending on 30/06/2019.
Doha 08 July, 2019: In preparation for the holiday season, QIC Insured, the retail arm of Qatar Insurance, the leading insurer in the MENA region highlights the importance of purchasing travel & home contents insurance.
TravelCare from QIC Insured offers various travel insurance plans namely, Regional, Fly Europe, Worldwide excluding USA, and Canada. It covers expenses for travel-related inconveniences and unexpected travel incidents such as missed flights, flight cancellations etc. ensuring hassle-free travels.
In addition to travel insurance, securing a Home Contents Insurance ensures complete peace of mind especially when holiday-goers are away for a long period of time. The Home Contents Insurance covers for damage to personal belongings caused by accidental fire outbreak, sudden leakage of water from pipes ......read more
Doha, Qatar - 06 July 2019: Msheireb Downtown Doha, the smartest and most sustainable fully built city district in the world and Qatar’s destination for leisure, living and business, is intended to become home to Huawei’s Smart Experience Centre in Qatar.
The announcement was made earlier during a Signing Ceremony between Msheireb Properties, the developer of Msheireb Downtown Doha (MDD), and Huawei who is a leading global provider of information and communications technology (ICT) infrastructure and smart devices.
This agreement aligns with the vision set for Msheireb Downtown Doha to be a city of firsts, constantly bringing into the country the latest and smartest technology solutions. For Huawei, this cooperation with the national real estate developer will help the company in ......read more
Doha, 02 July, 2019: Qatar Insurance, the largest insurer in the MENA region has been conferred the “Best Digital Transformation in Insurance Award” at the inaugural edition of the Enterprise Transformation Summit that was recently held in Doha at the Doha Marriot Hotel. The summit recognised enterprises that demonstrated massive shift in operations as a result of embracing digital transformation.
QIC Group was awarded for its advanced digital capabilities, implementing best-in-class digital technologies in the Retail and Medical Insurance space, thus creating a highly sophisticated and interactive digitized platform for its full suite of online insurance products and services. Not only did this lead to enhanced customer engagement, but it also facilitated increasing overall responsiveness, efficiency and ......read more
Doha, Qatar, 29 June 2019: Msheireb Properties, the national real estate developer and subsidiary of Qatar Foundation, announced earlier the launch of two books developed in partnership with international researchers, architects, and urban planners, who partook in the restoration and building process of Msheireb Downtown Doha and Msheireb Museums.
The book launch took place in two special ceremonies, last week, in London, and were attended by HE the Ambassador of Qatar to UK, Mr Yousef Al Khater, VIPs, industry key players, international stakeholders, and international media.
The first book, ‘Msheireb Museums: Transforming Doha’s Heritage Houses’, showcases Msheireb Museums, which form a historical restoration of four traditional heritage houses in the heart of Msheireb Downtown Doha, the ......read more
Doha, Qatar, 27 June 2019: Under the umbrella of its initiatives into the country’s national ambitions, al khaliji bank, Qatar’s next-generation bank, has sponsored the “Majd Qatar” (“Qatar Glory”) nationwide campaign and third book edition. Under the theme “Wise Vision”, the campaign was initiated and launched by Qatar’s Tawasol Center at the Museum of Islamic Art, with the attendance of several dignitaries, officials and media representatives from TV, radio and print outlets.
The campaign’s inauguration event coincided with the sixth anniversary of His Highness Sheikh Tamim Bin Hamad Al Thani's accession to power. The book, Majd Qatar, highlights and documents the Qatari renaissance achievements and milestones over the past two years of blockade on the ......read more
Doha, Qatar – 18 June 2019: Barwa Bank, Qatar's most innovative Shariah compliant bank, announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.
As the draw results showed, Daleen Alkhatib and Abdul Rahim Mohamed 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: Osama Elattar, Samir Elmokadem, Shaikha Al-Mass, Rami Alzain, Ahmad Ghanem, Abdulrahman Alyafei, Rawdha Al-Abdulla, Azlan Osman, Abubaker Mohamed Kutty, Ahmed Mohammed, Racquel Ramos, Mercy Marquez, Noor Alkeilani, Kamarunnisa Faizal, Khalid Al-Ghanim, Lamiaa Allak, Ahmad Khan, Saad Al-Kaabi, Nouf Al-Sada, Khalid Al-Thani, Aize Al-Qahtani, Noora Almaraghi, Khadija ......read more
Qatar - 09 June 2019: Mirroring a trend seen across the Gulf, two lenders in Qatar announced the country’s first bank merger in a move officials say will support economic growth and the development of the financial and private sectors.
On April 21 Barwa Bank and the International Bank of Qatar (IBQ) signalled the finalisation of negotiations and clearance of regulatory requirements necessary to consolidate operations. The merged entity, which will operate as Barwa Bank, will have total assets of more than QR80bn ($22bn) and a shareholder equity base of over QR12bn ($3.3bn).
Notably, the merger resulted in the consolidation of an Islamic bank – Barwa Bank – with conventional IBQ, with the new institution offering sharia-compliant services.
The tie-up is a significant step forward for Qatar’s ......read more
Doha, 28 May, 2019: As part of its Corporate Social Responsibility (CSR) programme, volunteers from Qatar Insurance – the leading insurer in the MENA region distributed 500 Iftar meals to general public during the holy month of Ramadan.
Ahead of dusk and before Maghrib prayers, volunteers from QIC patrolled and distributed a total of 500 Iftar meals in phases at different locations. On the first day, Iftar meals were handed out at the traffic junction near Souq Waqif. On the second day, the Iftar meals were distributed at Doha Sports Stadium. Each Iftar meal was handed out to public along with a small bottle of water.
Speaking about this noble initiative, Mr. Ahmed Al Jarboey, Senior Vice President MENA Retail & Motor of QIC Insured stated, “We are delighted to be a part of this community-focused ......read more
Doha, Qatar – 22 May 2019: Barwa Bank, Qatar's most innovative Shariah compliant bank, announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.
As the draw results showed, Almayasa Mohamad Al-Anqar and Noora Ebrahim Al-Abdulghani each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to the following bank clients:
Morad Onaceur , Abdulrahman Ali Al-Yafei, Faisal Ali Al-Anssari, Musab Ahmed Ahmed, Mohammadali Abrahim Sayedali, Sana Al-Rashed, Joyce Maria Dsouza, Melvin Nitura, Azeez Mohammed Mohammed, Reem Eisa Al-Kawari, Nouraldain Abualrub, Mohamed Ali Saheb, Ahmed Yasin Yacoub, Mohd Alawi Al-Yafei, Faisal Ali Al-Anssari, Nelo Mandayo Ferry, Jasir ......read more
Doha, Qatar, May 18 2019: Marking a year of milestone partnerships and developments for its business, Qatar Post held its annual Suhoor gathering for its employees, in celebration of the Holy Month of Ramadan, and of a record 2018 performance for the group. The celebration took place on May 17, at the Ramadan tent in Kempinski Marsa Malaz Hotel.
In attendance were Qatar Post’s staff and senior leadership executives, among whom Mr. Faleh Mohammad Al-Naemi, Qatar Post chairman and managing director, shared with attendees the group’s successes in 2018, as well as a glimpse of future plans and strategic areas of focus.
“The overwhelming state support Qatar Post has received in the past year, incentivizing both governmental institutions and bodies to use our services at scale, was our ......read more
Doha, May 01, 2019: QIC Insured, the personal insurance division of Qatar Insurance, the leading insurer in the MENA region has launched the all new “Pay your car insurance in 12 easy installments” Applicable exclusive on purchase of full car insurance, now customers pay for their insurance in 12 easy installments at zero interest.
To take advantage of this new offer, customers can simply visit any branch of QIC Insured or simply log on to qic-insured.com and select the ‘Installments’ option in the payment page. Upon receipt of the first installment, customers will receive a payment acknowledgement and the comprehensive insurance policy will be emailed to the registered email address along with the scheduled dates for the remaining installments.
Commenting on the launch of this new payment scheme ......read more
Doha- 29 April, 2019 – Qatar Development Bank (QDB), in its continued quest to support the growth and competitiveness of the business sector in the state, announced the registration for the first batch of phase 2 of Al Furjan markets raffle draw to award retail space, starting May 01, 2019. The registration process for the first batch of Al Furjan Markets, which is located in Muaither South, Al Khor, Umm Al Qarn, Al Kharaitiyat will last for 30 days, and the bank is inviting all Qatari citizens to apply through Al Furjan mobile application to supervise the governance of the raffle process and to ensure total compliance and transparency.
An integrated electronic system has been developed to allow applicants to apply for the the first batch of phase 2 of Al Furjan markets through Al Furjan mobile application, ......read more
Net profit of QAR 176 million, up 4% year on year
Operating income of QAR 289 million, reflects growth in fee income of 5% on Q1, 2018
Operating expenses are 5% lower compared to the same period last year
Significantly reduced impairments charges, down 51% year on year
The Capital Adequacy ratio at quarter-end stood at a healthy 18.4%
Doha, April 29, 2019: Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the quarter ended 31 March 2019 today with a Net Profit of QAR 176 million for the quarter. This represents an increase of 4% over its financial results for the same period of last year.
His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Chairman and Managing Director stated:
"We began the year on a solid footing, ......read more
Gross written premiums at Q1 2019 stands at QAR 3.5 billion
Doha, 29 April 2019: Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region reports a net profit of QAR 272 million for the first quarter of 2019. The MENA markets continued to produce stable premiums with underwriting profitability, weathering geopolitical headwinds in the region. QIC’s international operations grew in select low-volatility segments and now account for 76% of its total portfolio.
In Q1 2019 QIC adopted a more restrictive and selective approach to new business generation, reflecting the company’s continued focus on de-risking its book and placing more emphasis on low-volatility segments. Gross written premiums (GWP) remained stable at QAR 3.5 billion.
The Group’s ......read more
Under the patronage of His Highness the Emir of “ROWAD Award 2019”
Doha, Qatar, April 28, 2019: Under the patronage of His Highness the Emir Sheikh Tamim bin Hamad al-Thani, Qatar Development Bank (QDB) is pleased to announce the opening of registration for the second edition of Qatar Entrepreneurship award “ROWAD Award 2019”. This prestigious sponsorship is a testament to the leadership's keen interest in building the country's entrepreneurship ecosystem towards achieving economic diversification for sustainable development, in line with the Qatar National Vision 2030. Besides, Qatar topped the global entrepreneurship environment, according to the Global Entrepreneurship Monitor (GEM) report featuring 56 countries, which also confirms the leadership’s keenness in promoting ......read more
Doha, Qatar - 23 April, 2019: QIC Insured, the retail arm of Qatar Insurance Group, the flagship insurer of the MENA region recently sponsored the Hamad Medical Corporation (HMC) Football Championship.
As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, the company’s role as a platinum sponsor highlighted its unilateral focus on being a responsible corporate citizen and demonstrated its full support to all sports activities and initiatives.
In view of the partnership, QIC Insured has provided special offers on car insurance, travel, home, personal accident benefit insurance & Anaya for HMC employees and their families.
Commenting on the strategic partnership, Mr. Abdulla Y. Al Mulla, Group Chief Administrative Officer of QIC ......read more
Combined entity’s total assets are valued at more than QAR 80 billion
Operational integration to be completed by Q4:2019
The first merger between banks in Qatar’s history
The combined entity to operate under the “Barwa Bank” name
Doha, Qatar, 22 April 2019 – Barwa Bank has announced the official completion of its legal merger with International Bank of Qatar (ibq). The merger, which brings two of Qatar’s leading and most dynamic financial players under one roof, will establish a powerhouse Shariah compliant financial institution in both local and regional markets, backed by robust liquidity and solvency levels.
Under the first banks merger in Qatar’s history, this solid financial position will enable Barwa Bank Group to significantly contribute to ......read more
Doha, Qatar, 21 April 2019: Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, is pleased to announce that it has won two prestigious awards- ‘Best Corporate Bank – Qatar’ and ‘Best Financial Inclusion Program – MENA’ at the recently held the European Magazine Awards.
The European Magazine, over the last several years, has been celebrating achievement, innovation and excellence through its annual awards program. It offers corporate organizations an insight into various achievements within a range of organizations. These recognitions add to the achievement of al khaliji bank in Qatar.
On receiving the awards, Acting Group Chief Business Officer, Mr. Omar Al-Emadi said:
“It is an outstanding achievement for us and on behalf of the entire ......read more
Doha, Qatar, April 16, 2019: Qatar Insurance Group, the leading insurance conglomerate in the MENA recently honored its employees with long service award certificates for completing 10, 15, 20, 25 and 30 years of dedicated service at the company. The award ceremony was held at the QIC headquarters in West Bay.
The long service award certificates were handed over to the awardees by Mr. Salem Al Mannai, Deputy Group President & CEO of QIC Group in the presence of senior QIC officials.
Expressing his gratitude and appreciation during the event, Mr. Salem Al Mannai stated, “At QIC we believe that dedication and collective efforts of our staff play a significant role in achieving QIC Group’s set targets, growth and development of the company and in taking QIC to where it is today. We have always recognized the wide ......read more
Doha, Qatar, April 15, 2019: Barwa Bank, Qatar's most innovative Shari’ah compliant bank, announced the names of the most recent round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.
As the draw results showed, Ahmed Fouad Menisy and Mohamed Abdunnaser El-Gamudi each won a cash prize of 50,000 Qatari Riyals. Also, a cash prize worth 25,000 Qatari Riyals was awarded to Hussain Sultan Al-Jaber and Mohamed Yacine Ben Lamnouar.
The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry.
Thara’a offers account holders the chance to win monthly cash rewards that sum up to more than 2,000,000 Qatari Riyals, and a grand prize ......read more
HSBC Msheireb to offer a seamless digital experience reinforcing Msheireb’s status as the world’s SMARTEST and most sustainable city district
Msheireb Downtown continues to attract more local and global financial institutions
Doha, Qatar, 13 April 2019: Msheireb Downtown Doha, the smartest and most sustainable fully-built city district in the world and Qatar’s destination for leisure, living and business, will be home to the first HSBC digital branch in the country; HSBC Msheireb.
The announcement was made during an agreement signing ceremony between Msheireb Properties, the national real estate developer and a subsidiary of Qatar Foundation, and HSBC Bank Middle East, Qatar, the largest international banking organisation in the country.
The event was witnessed by the Lord Mayor of London, Peter ......read more
Qatar, April 06, 2019: Al Khalij Commercial Bank (al khaliji) PQSC announces that its Board of Directors will meet on 29 April 2019 to approve and disclose the consolidated interim financial statements for the period ended 31 March 2019.
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