Qatar PR Network, Online Press Release from qatar and Doha city
Featured in Banking and Investments
al khaliji holds awareness session to mark Breast Cancer Awareness Month

Doha, Qatar – 17 October 2018 –   On the occasion of Breast Cancer Awareness Month, Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, organized a seminar for its employees in partnership with the National Breast and Bowel Cancer Screening Program ‘Screen for Life’.  During this seminar, ‘Screen for Life’ team presented a lecture about breast cancer symptoms, stages and prevention methods, in addition to Mammogram, which is the early detections test every woman between 45-69 should do once every 3 years. The lecture included also details about the suites where women can get screened.  Al khaliji was keen to maximize the opportunity for participants of the seminar to gain a wide perspective and promote a message of hope.  “Breast ......read more

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

Doha, Qatar – 15 October 2018 –   Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of its October’s draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As the draw results showed, Nouf Ibrahim Al-Sada and Haytham Mohammed Al-Ahmed each won a cash prize of 50,000 Qatari Riyals. Also, a cash prize worth 25,000 Qatari Riyals was awarded to Noora Mohammed Al-Naimi, and Khalid Jumah Al-Marzouqi, respectively. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Economy and Commerce. Thara’a offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatar Riyals, a first for ......read more

OQIC subsidiary of QIC Group announces opening of new Corporate Office

Doha, 15 October, 2018:  Oman Qatar Insurance Company (OQIC), a premier insurance company in Oman and a subsidiary of Qatar Insurance Group recently held a grand opening ceremony for its corporate office and retail branches. Held at the Grand Hyatt in Muscat, the opening ceremony witnessed the presence of many dignitaries and government officials, including the Board of directors, industry experts, prominent business leaders, associates and partners, and OQIC employees. During the opening ceremony HE Khalaf Ahmed Al Mannai, Chairman of Oman Qatar Insurance Company unveiled the new headquarters in the presence of HE Sheikh Khalid bin Omar Al Marhoon Honorable Minister of Civil Services and other excellencies, including HE Abdullah bin Salim Al Salmi Executive President of the Capital Market Authority, HE Ali bin Fahad Al ......read more

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

In collaboration with Qatar Chamber, NAMA Center and the Ministry of Administrative Development Labor & Social Affairs Doha, Qatar, 14 October 2018 -   Under the patronage of Her Excellency Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani, Chairperson of Qatar Museums, Qatar Development Bank (QDB), in collaboration with Qatar Chamber, NAMA Center and the Ministry of Administrative Development Labor & Social Affairs flagged off the 2nd edition of the “Made at Home” Exhibition on October 14, 2018. The seven-day event is being hosted at the Doha Exhibition and Convention Center, and it was inaugurated by HE Dr. Issa bin Saad Al Jafali Al Nuaimi, Minister of Administrative Development, Labor and Social Affairs. This exhibition offers home-based businesses a unique opportunity to display and sell their ......read more

QDB announces accepting applications for registration in Al Furjan Markets Draw starting October 21, 2018 through Al Furjan mobile application

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

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

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

QDB's Tasdeer offers global paradigms to Qatari SMEs

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.    Global events   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

Barwa Bank announces the grand prize “Lexus LX 570” winner of Salary Transfer campaign

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

QIC Board of Directors approve establishment of Limited Liability Company

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.  

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al khaliji named ‘Best Bank in Productivity' at the New Age Banking Awards 2018

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

OQIC subsidiary of Qatar Insurance Group wins Best Performing Company at AIWA awards

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

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

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

First Finance Company announces the opening of its new branch at “Mawater City”

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

QDB launch the second edition of Qatar Entrepreneurship Report

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

Qatar Re ranked 27th amongst top 50 global reinsurers

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

al khaliji wins ‘Al Dhameen Best Customer Satisfaction Award' for 2018

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

QDB hosts the Best Partner Bank Award for supporting SMEs through Al Dhameen Program

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

QFBA launches the 6th Cohort of Kawader

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

Merger Agreement between Barwa Bank and International Bank of Qatar (ibq)

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

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

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

Barwa Bank declares the winners of Mastercard Weekend Offer

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

QIC Group reaffirms its commitment to CSR through partnership with Dreama

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

Burgan Bank's New In-house Learning & Development Center alongside Agreement with “Knowledge Club 2018” Pursues Excellence in Human Capital Development

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 Group reports Gross Written premiums of QAR 6.6 billion for the H1 2018

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

Barwa Bank announces the grand prize winner (QAR 1 million) of Thara'a savings account

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

Other Top Stories from Banking and Investments
 
Digital migration to dominate discussions at 10th Retail Banking Expo & Forum…

Region’s leading annual industry conference adds new exhibition component to line-up as IT investment by MEA financial community hits US$4.3 billion in 2014; trend set to continue as customers demand faster, simpler, smarter access and products plus 24/7 connectivity The annual Middle East Retail Banking Forum & Expo returns to Dubai from 6-7 April 2015 for its 10th anniversary ......read more

Doha Bank in Partnership with Amwal LLC and The Group Securities Files Qatar Exchange Index ETF…

Dubai, March 8th, 2015: Doha Bank, the leading private commercial bank in Qatar, has announced plans to launch an Exchange Traded Fund (ETF) on Qatar Stock Exchange (QSE) with Amwal LLC and The Group Securities, set to act as Fund Manager and Liquidity Provider respectively. A signing ceremony to mark the appointment of Amwal as Fund Manager and the licencing of the index benchmark from QSE was ......read more

30% Surge in Jordan's E-Commerce Spurs Demand for Fraud Solutions…

Nation’s online shopping totals USD 200 million in 2014; payment solutions firm BPC to spotlight e-commerce and fraud solutions at upcoming banking tech summit BPC Banking Technologies, the leading provider of Open System payment solutions, today announced its participation at the 2015 installment of the Banking Tech Levant Summit in Amman, Jordan, over March 2 and 3. This edition of the ......read more

QnA International wraps up successful MICE Arabia Congress 2015…

Over 1800 business meetings arranged at this premier MICE & Business travel congress (Dubai, 1 March 2015) – The 3rd edition of MICE Arabia Congress, which was held on February 22-23, 2015 at the Ritz-Carlton Dubai International Financial Centre (DIFC), was concluded with success as it welcomed more than 300 attendees from some of the leading organisations in the Middle East involved ......read more

USD 11,427 billion Arab World Exports to Brazil in 2014…

UAE, 4 February, 2015 - Brazil continues to cement its bilateral trade relations with Arab countries as reflected in a surge in exports from the region. According to statistics released by the Arab-Brazilian Chamber of Commerce (ABCC), collective exports from the Arab World to Brazil recorded a substantial increase in 2014 to reach a total of USD 11,427 billion. The key products imported from the ......read more

QNB Ranked Best Bank Brand in the Middle East and Africa for 2015 by Brand Finance…

Doha – 01 February 2015 : QNB, “One of the World’s Strongest Banks”, has been confirmed as the most valuable banking brand in The Middle East and Africa according to The Annual Survey carried out by Brand Finance and published by The Banker Magazine, an affiliate to the international acclaimed Financial Times newspaper. Highlighting the extent of its top ......read more

AXA's First Shop opens in Qatar City Centre; committed to spread footprint…

AXA’s First Shop opens in Qatar City Centre; committed to spread footprint In a step that reinforces its commitment to expanding its footprint within Qatar, AXA Insurance Gulf – one of the largest and the leading non-life international insurers in the region – has announced the opening of its first AXA Shop in the country. The AXA Shop, situated on the Ground level of ......read more

Doha Bank achieves sustainable performance with best performing ratios…

Dubai, January 20, 2015: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, the leading private commercial bank in Qatar, announced Doha Bank's financial results for the year 2014. Net profit for the year 2014 recorded an impressive QAR 1,354 million which represents a growth of 3.1 per cent as compared to QAR 1,313 million for the ......read more

Leading Insurance Broker in the GCC Expects Increasing …

Industry to Witness Rapid Growthas Employee Benefits become Determining Factor for Successful Recruitment in Region’s Competitive Business Environment DUBAI, United Arab Emirates: Insurance and savings penetration will continue to rise in 2015 due to developing regulations and increased awareness about the importance of financial security, according to Nexus Group, the region’s ......read more

5th Qatar International Businesswomen Forum to be held under the patronage of HH Sheikha Jawaher ...…

Doha – 14 December 2014: The Qatari Businesswomen Association and Interactive Business Network, organizers of the 5th edition of the Qatar International Businesswomen Forum (QIBWF), announced that the 5th Qatar International Businesswomen Forum under the patronage of HH Sheikha Jawaher Bint Hamad bin Suhaim Al Thani, wife of HH Sheikh Tamim bin Hamad bin Khalifa Al Thani, The Emir of Qatar, ......read more

Doha Bank organised “Dhow Cruise” for Qatar Jewellers…

Dubai, December 10, 2014:Doha Bank, the leading private commercial bank in Qatar,recently organized a get together eventexclusively for Bullion related business customers with a unique theme titled “Sailing with Gold”, an exciting traditional dhow cruise journey in Doha Corniche waters on 6th Dec 2014. The event was well attended by the leading jewellers in Qatar. Addressing at the ......read more

Doha Bank Provides Project Finance to Kharafi National…

Dubai, December 04, 2014: Doha Bank, the leading private commercial bank in Qatar, has successfully closed a Project Finance deal of KD 25 Million with Kharafi National of Kuwait.  “We are pleased to have the opportunity to finance Kharafi National. Doha Bank is committed to supporting the wider business community in Kuwait. For this reason, we see the potential to further grow our ......read more

Barclays crowned best private bank in Qatar…

01 December 2014 – Doha, Qatar: Barclays was recently crowned ‘Best Private Bank in Qatar’ at the inaugural WealthBriefing GCC Region Awards 2014.  One of five firms shortlisted in the category, the triumph is yet another milestone in Barclays’ drive to be recognised as a leading player in the MENA private banking space. Cedric Lizin, Head of Middle East and North ......read more

Qatar's Strategic Focus will Deliver Financial Stability, say Senior Leaders at Euromoney Qatar …

Oil and Gas-Producing Nations Likely to Come Under Pressure from Falling Asset Prices; Global Economy Requires Concerted Effort to Resist Stagnation and Resolve Debt Issues Doha, Qatar The global economy is being pushed off-track by a rising range of pressures that require concerted action, and oil and gas-exporting nations in particular face new risks, according to global financial leaders ......read more

Banks should strengthen their fight against financial crime to protectagainst reputation risks, ...…

Dubai, October 16, 2014: Banks should strengthen their fight against financial crime to protect against reputation risks, said Dr. R. Seetharaman, Group CEO, Doha Bank at the fifthUS- MENA Private Sector Dialogue on correspondent banking, which was hosted by the Union of Arab Banks at BNY Mellon, New York on 14th and 15th October 2014. Dr. Seetharaman participated in the session on the topic ......read more

Banks should strengthen their fight against financial crime to protect against reputation risks, ...…

Dubai, October 16, 2014: Banks should strengthen their fight against financial crime to protect against reputation risks, said Dr. R. Seetharaman, Group CEO, Doha Bank at the fifth US- MENA Private Sector Dialogue on correspondent banking, which was hosted by the Union of Arab Banks at BNY Mellon, New York on 14th and 15th October 2014. Dr. Seetharaman participated in the session on the topic ......read more

QNB Group, one of the World's Strongest Banks and the leading bank in the Middle East and North ...…

QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, announced its results for the nine months ended 30 September 2014. For the nine months of 2014, Net Profit was QR8.0 billion (USD2.2 billion), up by 12.6% compared to last year. The Group’s prudent cost control policy and strong revenue generating capability allowed it to ......read more

DohaBank and Indian Embassy organize business meeting for the ‘Vibrant Gujarat 2015 Middle East ...…

Dubai, September 07, 2014:Doha Bank, the leading private commercial bank in Qatar, and the Indian Embassy, Doha,co-hosted a business meeting for the “Vibrant Gujarat 2015 Middle East Delegation” held recently at the Doha Bank Auditorium in its Head Quarters, West Bay, Doha.H.E. Mr. Sanjiv Arora, Indian Ambassador, Qatar, accompanied the Indian delegation led by Mr. B. B. Swain, IAS, ......read more

QNB acquires a 12.5%1 stake in Ecobank Transnational Incorporated, the leading pan-African bank…

Doha, 6 September, 2014 -  QNB, “One of the World’s Strongest Banks” has today announced the acquisition of a 12.5%1 stake (both ordinary and convertible preference shares) in Ecobank Transnational Incorporated. This strategic partnership with a leading pan-African bank is a fundamental step towards QNB’s strategy of being a MEA Icon by 2017. Ecobank ......read more

Doha Bank CEO honored with Lifetime Achievement Award…

Dubai, August 24, 2014: The Institute of Directors, Tamil Nadu State Chapter hosted the Global Summit 2014 on Business Excellence on August 22 and 23, 2014 at ITC Grand Chola, Chennai – India. The theme of the Summit was “Business excellence through Boardroom best practices”. Dr. R. Seetharaman, CEO of Doha Bank participated in the function and was honoured with “Life Time ......read more

Doha Bank achieves 5% profit growth with impressive ratios…

Dubai, July 17, 2014: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, has announced Doha Bank's financial results for the first half of 2014. Net profit for the first half of 2014 recorded an impressive QAR 787 million as compared to QAR 748 million for the same period in 2013 showing an increase of 5.2 per cent. H.E. Sheikh Fahad ......read more

Doha Bank CEO receives PhD in Global Governance from European University…

Dubai, June 29, 2014: Dr. R. Seetharaman, Group CEO, Doha Bank, the leading private commercial bank in Qatar, has received a PhD in “Global Governance” from European University recently. Dr. Seetharaman received the doctorate at a convocation event held in Geneva –Switzerland recently. The function was attended by Mr. Adolf Ogi, former president of Switzerland and senior ......read more

Regulatory reforms should achieve balance between economic growth and financial safety, says Doha ...…

Dubai, June 22, 2014: “Regulatory reforms should achieve balance between economic growth and financial safety”, says Dr. R. Seetharaman, Group CEO, Doha Bank. Dr. Seetharaman addressed at the International Arab Banking Summit 2014, which was held under the High Patronage of H.E Mr. Francis Hollande – President of French Republic, held recently in Paris, France. The panel ......read more

Doha Bank Named the Best Regional Commercial Bank at the Banker Middle East Industry Awards…

For the second consecutive year ​Doha Bank Named the "Best Regional Commercial Bank" at the Banker Middle East Industry Awards Dubai, June 06, 2014 - For the second consecutive year, Doha Bank, the leading private commercial bank in Qatar, has been named the ‘Best Regional Commercial Bank’ at The Banker Middle East Industry Awards, which was recently held in ......read more

Oil sector is expected to drive Kuwait project space in 2014, says Doha Bank Group CEO…

Dubai, May 26, 2014: “Oil sector is expected to drive Kuwait project space in 2014”, said Dr. R. Seetharaman, Group CEO, Doha Bank, at a knowledge sharing session in Kuwait on ‘Projects and Contracts Opportunities and Challenges’ hosted by Doha Bank, the leading private commercial bank in Qatar. The event was well attended by economists, major contracting companies and ......read more

Sustainable urban development requires innovations, says Doha Bank Group CEO…

Dubai, May 14, 2014: A range of issues including higher fuel prices, climate change and fresh water depletion turn to be major challenges to urban growth, according to Dr. R. Seetharaman, Group CEO of Doha Bank, the leading private commercial bank in Qatar. These challenges provide an opportunity to demonstrate that growth can occur at lower rates of environmental degradation, albeit innovations ......read more

Digital banking changes the face of finance service sector, says Doha Bank Group CEO…

Dubai, May 06, 2014: Fast growing digital banking services and strong efforts for regulatory realignment will create a paradigm shift in the financial service industry, says Dr. R. Seetharaman, Group CEO of Doha Bank, the leading private commercial bank in Qatar. He was giving insights on the changing trends that impact the sector. “With the regulatory realignment happening in the ......read more

Developments in IT and Security segments should provide value to stakeholders, says Doha Bank Group ...…

Dubai, April 29, 2014: The rapid developments in information technology and security segments should promote value advantage to stakeholders, says Dr. R. Seetharaman, Group CEO, Doha Bank, the leading private commercial bank in Qatar. He was speaking at a conference titled “Information Security in the Financial Sector- Enabling a Secure Financial Community”, held this week at West ......read more

Doha bank achieves 1% profit growth with impressive ratios…

Dubai, April 21, 2014: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, the leading private commercial bank in Qatar, announced Doha Bank's financial results for the first quarter of 2014. Net profit for the first quarter of 2014 recorded an impressive QAR 399 million as compared to QAR 395 million for the same period in 2013 ......read more

Doha Bank agrees to purchase HSBC Bank Oman business in India…

Dubai, April 17, 2014: H. E Sheikh Fahad Bin Mohamed Bin Jabor Al Thani – Chairman of Board of Directors of Doha Bank has informed that Doha Bank Q.S.C ('the Bank') has entered into an agreement with HSBC Bank Oman SAOG ('HSBC Oman'), an indirect 51 per cent owned subsidiary of HSBC Holdings plc, to purchase the banking business of HSBC Bank Oman in India.  He further ......read more

Doha Bank named Best Retail Bank in Qatar by the Asian Banker…

April 14, 2014 - Doha Bank, the leading private commercial bank in Qatar, was named the Best Retail Bank in Qatar at The International Excellence in Retail Financial Services Awards Ceremony held this month in Sydney, Australia. Mr. Hilton Wood, Chief Representative of Doha Bank’s representative office in Australia, accepted the award on behalf of the Bank. Doha Bank Group CEO, Dr. R. ......read more

Genesis Institute's free Doha workshop offers advice for financial career empowerment…

Free Finance Career Workshop on April 16, 7-9pm at Hilton Doha Register now at www.genesisreview.com Doha, Qatar; April 15, 2014: Genesis Institute, a leading provider of financial training solutions, will host a free Finance Career Workshop in Doha on April 16, from 7-9pm at the Hilton Doha. As the UAE's leading financial training institute, Genesis' experts will share information ......read more

QNB Financial Results for Q1 2014…

Financial Results For The Three Months Ended 31 March 2014 QNB Group, the World’s Strongest Bank and the leading bank in the Middle East and North Africa, announced its results for the three months ended 31 March 2014. These results include the financial results of QNB ALAHLI in Egypt. For the three months of 2014 Net Profit was QR2.4 billion (USD668 million), up by 13.7% compared to ......read more

“IT, Petrochemicals, Healthcare to spur India-GCC bilateral trade”, says Doha Bank Group CEO…

Dubai, April 07, 2014: With the GCC countries firming up projects worth 450 billion US dollar in 2014 alone, Indian investors have huge opportunities for investment in knowledge and skill based services, particularly in the field of IT, according to internationally reputed Indian economist and Dr. R. Seetharaman, Group CEO, Doha Bank. Giving insights on the investment scenario in the GCC ......read more

Doha Bank wins ‘Environmental Award' from the Arab Organization for Social Responsibility…

Dubai, April 01, 2014: Doha Bank, the leading private commercial bank in Qatar, was recognized with the ‘Environmental Award’ at the recently concluded Arab Organization for Social Responsibility awards for its efforts including active programmes and continuing efforts to minimise its overall carbon footprint. Mr. Nael El-Zagha, Acting Head of the Dubai Branch, accepted the award ......read more

“Qatar exchange is well set to attract emerging market inflows”, says Doha Bank Group CEO…

Dubai, March 26, 2014: “Qatar and UAE have been upgraded to emerging market status from June 2014 by MSCI whose market classification framework includes economic development, size and liquidity”, said Dr. R. Seetharaman, Group CEO, Doha Bank, at the ninth World Exchange Congress 2014, held in Doha recently. The event was attended by Economists, Bankers, Regulatory Officials, ......read more

Doha Bank Announces All-New Prize Structure for Al Dana Savings in 2014…

Dubai, March 23, 2014: Doha Bank’s popular Al Dana Savings programme has grown to reinforce its position as the most rewarding savings programme in Qatar. Doha Bank revealed the details of its all-new campaign for 2014, following a record year in 2013. Commenting on the growth of the Al Dana Savings programme, Dr. R. Seetharaman, Group CEO, Doha Bank, said: “Having concluded ten ......read more

Doha Bank receives ISO20000-2011 certification…

Dubai, January 27, 2014: Doha Bank, the leading private commercial and progressive bank in Qatar, has received 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

Doha Bank Recommends the Distribution of 45 per cent of the Paid-up Capital as a Cash Dividend to ...…

Dubai, January 21, 2014: His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, the leading private commercial bank in Qatar, announced that the Board of Directors (BOD) has approved the draft of the Bank's audited financial statements for the year ended 2013. His Excellency added that the net profit of the Bank for the year 2013 is QR ......read more

Doha Bank Licensed to Commence Full-Scale Banking Operations in India…

Dubai, December 11, 2013: H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of Doha Bank Board of Directors said that Doha Bank has been granted the license to commence its banking operations in India and is permitted to open a branch in the city of Mumbai to provide full-scale banking services. He also said that in line with the expansion strategy adopted by the Board of Directors over ......read more

Resolutions passed at the Extraordinary General Assembly Meeting of Doha Bank's Shareholders…

Dubai, November 26, 2013: H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of Doha Bank, the leading private commercial bank in Qatar, announced the Extraordinary General Assembly in its meeting on November 24, 2013 approved the items included in the Assembly's agenda pertaining to the issue of Tier 1 Capital instruments amounting to QAR 2 billion. These instruments will be treated ......read more

Building green economies is the need of the hour for sustainable growth and gross welfare: Doha ...…

Dubai, November 18, 2013: “Building green economies is the need of the hour for sustainable growth and gross welfare,” said Dr. Seetharaman, Group CEO, Doha Bank, the leading private commercial bank in Qatar at The United Nations Climate Change Conference (COP19) in Warsaw, Poland. The conference began on November 11, 2013 with calls for governments to harness the strong groundswell ......read more

Doha Bank Opens Representative Office in Canada…

Qatar, GCC and Canada has synergistic opportunities – says Dr. R Seetharaman of Doha Bank Dubai, October 20, 2013: Doha Bank, the leading private commercial bank in Qatar, inaugurated its representative office in Toronto, Canada recently. The launch was followed by a knowledge sharing session hosted by Doha Bank on growing opportunities in the region. The event was attended by Mr. ......read more

FBN-GCC organizes first meeting in Doha to share experiences & best practices on family values in ...…

September 30, 2013: The Family Business Network GCC (FBN-GCC) headed by Chairman Abdulaziz Al Ghurair recently organized a gala dinner for a group of prestigious Qatari families attended by various leaders and decision makers involved in local family businesses as well. Organized at St. Regis Doha, the event was the first initiative of its kind aimed at strengthening communication channels among ......read more

Doha Bank keen to partner with Corporates and SMEs in Abu Dhabi and Dubai…

US$ 1.5 billion (AED 5.5 billion) earmarked for client partnerships in the Emirates Dubai, 21st May 2013 - Doha Bank, one of the leading GCC-based banks, announced its intentions to support Small and Medium Enterprises (SMEs) and corporate clients in the UAE through the Bank's fully licensed branches in Abu Dhabi and Dubai, including support for companies in the infrastructure development ......read more

Bridgestone's annual tyre safety and ECO Station roadshow kicked off in Doha…

Doha, 24 March, 2013 – Bridgestone officially started off its third annual ‘Tyre Safety and Eco Station' (TSES) campaign recently in Doha. The TSES multi-purpose station - set up on the ground floor of the popular City Centre Mall– was officially inaugurated by HE Sheikh Faisal bin Qassim bin Faisal Al Thani, Chairman of Aamal QSC. The station - open to visitors from 2pm to ......read more

“Indiabulls” in association with “Doha Bank” to offer exclusive deals to NRI community…

19th March 2013, Doha, Qatar…..……… Indiabulls Real Estate Ltd, one of the largest listed real estate developers in India has tied up with Doha Bank to offer banks' NRI customers exclusive deals on properties in India.  Complimentary Home Loan eligibility checks, special offers on Indiabulls properties and exclusive promotion for Doha Bank Indian customers will ......read more

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