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.
With the aim to provide SMEs access to large procurement governmental projects
Doha, Qatar, April 01, 2019: As part of its ongoing efforts to provide a poised platform to grow for Qatari Small and Medium-sized Enterprises (SMEs), Qatar Development Bank (QDB) flagged off the 4th edition of Government Procurement and Contracting Conference & Exhibition ‘MOUSHTARAYAT 2019’ yesterday, Under the patronage of HE Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior.
The 4th edition of MOUSHTARAYAT’ was inaugurated by HE Sheikh Mohammed bin Hamad Al Thani, Deputy Governor of Qatar Central Bank and Vice Chairman of QDB, which is scheduled to take place for three days between March 31 and April 2 at Doha Exhibition & Convention Center, and hosted in collaboration with ......read more
Doha, Qatar, March 20, 2019: In keeping up its momentum of providing immense opportunities to Qatari entrepreneurs, Qatar Development Bank (QDB) successfully hosted the 4th edition of its Retirees Entrepreneurship Program ‘Khutwa’, which was organized in collaboration with the General Retirement and Social Insurance Authority. The event was held on the 14th of March, at Bin Jelmood House at Msheireb Downtown Doha.
The program paved the way for retiree entrepreneurs to present their ideas and integrated business plans for their projects that serve the diversity of the national economy and opens up new business horizons. In its current edition, Khutwa program is evidently the culmination of success of its previous editions, as it has been able to achieve its goals and objectives to promote new projects and ......read more
Doha, Qatar, March 19, 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, Dana Yousef Al-Horr and Alanoud Mohammed Al-Enazi 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: Suhail Al-Mazroey, Sheikh Fahad Jassim Al-Thani, Ibrahim Abdalmuty Mohammad, Asmaa Mohamed Al-Suwaidi, Randa Shaher Al-Saadi, Muneera Saif Al-Kubaisi, Fahad Assadi, Ali Abdulrahman Al-Yafei, Samira Bihi Mohamed, Abdulrazzaq Ahmed Al-Meraikhi, Mahmoud Al-Maghribi, Abdulrahman Ali Al-Yafei, Yousef Mohammed Al-Sulaiti, Almayasa ......read more
Doha, Qatar, March 19, 2019: Collaborating with Qatar’s largest and flagship medical trade event, SEIB Insurance and Reinsurance has announced its Silver sponsorship of the second edition of QMED 2019 (Qatar International Medical Devices & Healthcare Exhibition and Conference). Held at the QNCC (Qatar National Convention Center) over a 5,000 square-meter space, the exhibition will take place between March 25 and March 27.
Commenting on SEIB’s participation in QMED 2019, Mr. Elias Chedid, the company’s Chief Operating Officer and Deputy Chief Executive Officer, says that this strategic partnership aims at empowering the Qatari healthcare sector as a national engine of economic growth. Since its establishment, SEIB has focally extended its support to healthcare enterprises as an integral member of ......read more
Doha, Qatar, March 19, 2019: Qatar Insurance, the largest insurer in the MENA region has won two prestigious awards at the MENA Fund Manager Performance Awards 2019. The award ceremony, which was held in Dubai recognised and rewarded fund and asset managers that had outperformed their peers over the last year. QIC won awards in two categories- the Qatar Equity Fund for its 2018 performance and the QIC GCC Equity Fund for its three year performance.
The QIC GCC Equity Fund won the award for the best GCC fund performance over three years ending 2018 for a GCC fund with over $75m in assets. The Fund posted a return of 23.4% in USD terms over the three years and topped its category’s peer group comparison.
The Qatar Equity Fund posted a return of 22.8% in USD terms versus its benchmark performance of 20.8% and ......read more
A Corporate Social Responsibility Initiative
Doha, Qatar, March 16, 2019: Al Khalij Commercial Bank (al khaliji) P.Q.S.C, Qatar’s next generation bank, as part of corporate social responsibility drive, has once again extended its financial support in the form of donation to the Qatar Society for Rehabilitation of Special Needs, a local humanitarian organization that aims to support and develop the skills and capabilities of people with disabilities.
The donation, which was handed over in the presence of Mr. Mohamad Alkuwari, Head of Reward and HR Services at al khaliji, and Mr. Taleb Abdullah Afifah, Board Member at the Qatar Society for Rehabilitation of Special Needs.
Commenting on the occasion, Mr. Mohamad Alkuwari, Head of Rewards and HR Services at al khaliji, said:
“Al Khaliji has been ......read more
Election of a new Board of Directors chaired by HE Sheikh Mohammed Bin Hamad Bin Jassim Al Thani
A strong performance in total asset standing at 44.4 billion QR, driven by a strong growth in the finance portfolio that exceeded 27.8 billion QR.
Customer deposits reached 26 billion QR.
Doha – Qatar, 14 March 2019 - Barwa Bank Group, convened its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on 13th of March February 2019 at Four Seasons hotel, chaired by HE Sheikh Mohamed Bin Hamad Bin Jassim Al Thani, Chairman of the Board and Managing Director, with an 87% shareholder attendance.
During the AGM, all items on the agenda were discussed, such as hearing and approving the Board's Report for the year that ended December 31, 2018, as well as discussing and ......read more
Sheikh Faisal Bin Qassim Al Thani tells Oxford Business Group
Doha, March 13, 2019: Qatar’s efforts to tap new investors, and goods and service providers farther afield, were among the topics discussed recently at a meeting held between Sheikh Faisal Bin Qassim Al Thani, Chairman, Al Faisal Holding, and representatives from Oxford Business Group (OBG).
Sheikh Faisal told the global research and consultancy company that the ongoing regional blockade had generated new business opportunities for both local and international firms, as the country looks to the private sector to become more resourceful and drive new growth.
“One major advantage of Qatar is the presence of competitively priced raw materials, including secure energy supplies,” he said. “The Qatari Government considers industrial ......read more
Doha, Qatar, March 13, 2019: As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance Group, the flagship insurer is sponsoring the Katara International Beach Volleyball Championship 2019 as the gold sponsor of the event. The event which is scheduled from 12th March will be held at the Amphitheater at Katara. The event will witness participation of 50 teams from 29 countries.
Qatar Insurance Group's role as a sponsor highlights the company’s unilateral focus on being a responsible corporate citizen and demonstrates its full support to all sports activities and initiatives for the nation.
Commenting on the Group’s strategic partnership, Mr. Salem Al Mannai, Deputy Group President & CEO of QIC Group remarked, “We are ......read more
Doha, Qatar, March 13, 2019: With a view to drive financial technology -led economy in Qatar, Qatar Development Bank (QDB) successfully hosted a workshop on “Shariah Compliance Issues of Crypto Assets” in association with Association of National Development Finance Institutions in Member Countries of The Islamic Development (ADFIMI).
Established as an autonomous, independent and non-profit international organization, ADFIMI) started its operations in September 1987 at its headquarters in Istanbul, Turkey, on being given the status of an International Organization. It presently has around 40 members from 18 countries. ADFIMI organizes various training programmes, seminars, workshops, and conferences in different countries for the benefit of its members. Since its inception, ADFIMI forged solid partnership ......read more
Doha, 07 March 2019:
Qatar Insurance Group, the leading insurer in the MENA region has partnered with Commercial Bank Qatar Masters to be the Official Tournament insurer for the region’s premier Golf tournament. QIC, along with its subsidiaries Qatar Re and Antares, is proud to support the tournament for twelve consecutive years.
Founded in 1964, Qatar Insurance Company (QIC) was the first domestic insurer of Qatar. Today QIC is a dominant insurer in the region and is regarded as the largest insurer in MENA region in terms of profitability, assets and market capitalization. QIC’s consistent rating of A/Stable from Standard & Poor’s and A(Excellent) from A.M. Best affirms QIC’s core strength and sustainable performance.
Implementing its diversification strategy of expanding beyond the borders of ......read more
Doha, 27 February, 2019:
Despite being a challenging year, in 2018 Qatar Insurance, the leading insurance Group recorded strong operational performance, coupled with robust premium growth, taking Gross Written Premium (GWP) to QAR 12.6 billion, up by 8% vis-à-vis the same period in 2017. The underwriting results for the Group for the year 2018 amounted to QAR 576 million. QIC Group’s consolidated net profit for the full year 2018 came in at QAR 664 million.
The Annual General Meeting that was held yesterday at the Four Seasons Hotel was chaired by Abdulla bin Khalifa Al-Attiya, Deputy Chairman of the Board of Directors. The shareholders discussed the Group’s annual performance and endorsed the recommended distribution of cash dividend payout of 15% for the year ended 31st December 2018. Approval was also granted ......read more
Doha, February 20, 2019 – Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in continuation to its strategic goal of empowering Qatari youths and enhancing the jobs market in Qatar, took part in the TAWTEEN launch event as one of the proud sponsors. Held under the patronage of His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, the Prime Minister and the Minister of Interior, the event took place on February 18 and 19, 2019 at Sheraton Hotel. The program was launched amid the presence of dignitaries, the large participation of official bodies and entities, energy sector companies, and a wide spectrum of service providers and supporting industries.
Hosted by Qatar Petroleum, TAWTEEN is the localization program for services and industries in the energy sector, specifically for ......read more
Doha, February 20, 2019 – Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, with the aim of promoting the health and wellness of its community members, recently hosted its Annual Football Tournament for the fifth year in a row. The initiative was held in support of Qatar’s National Sport Day and comes as part of al khaliji’s Corporate Social Responsibility program.
Held on Saturday 16 February 2019 at AL Saad Club, the Bank’s 5-A-side Football Tournament, saw the participation of teams from several organizations and served as a platform to foster the values of community, sportsmanship and positive team spirit among participants.
The competing teams were from leading institutions such as, Qatar Investment Authority, Georgetown University, Ooredoo, Mannai ......read more
Doha, Qatar – 17 February 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, Fatemah Abdalah Ali and Milad Mahmood 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: Mahmoud Mohammed Al-Yafei, Loai Al-Tawil, Faisal Ali Al-Anssari, Kholoud Amralla Al-Emadi, Jassim Mohamed Fakhroo, Saeta Salem Al-Qarah, Mehanna Sultan Al-Naemi, Ahlam Yousuf Al-Baker, Al-Anoud Hassan Al-Sahli, Sirish Nallamatla, Hussain Sultan Al-Jaber, Mohammed Talha, Sheikha Wadha Qassim Al-Thani, Lulwa Hasan Bureshaid, Tahira Abdulwaris, Kayingil Mohamed, Ranya ......read more
Doha, Qatar 17 February 2019: Barwa Bank hosted a fun and engaging sports program for all its employees, in support of the eighth National Sport Day in collaboration with Al Ahli Sports Club.
The bank’s participation in the National Sport Day is in line with its Corporate Social Responsibility (CSR) program to create awareness on the importance of sports and fitness in achieving a sound and healthy lifestyle, which, in turn, helps in the development of a strong, prosperous society.
The Group’s employees and members from the executive management participated in the event along with their families. Activities and sports events included rope challenge, climbing challenge, golf, yoga session, kids section, and a football match. For children below five years, a kids area was arranged for them to enjoy the day ......read more
Doha, Qatar, February 11 2019: Doha, Qatar, February XX 2019: Barwa Bank the most innovative Shari’ah compliant bank in Qatar has announced the launch of its mobile application for all customers to meet their daily financial needs.
Barwa Bank new mobile application can be used on smart devices and is compatible with both IOS and Android. The new application is designed to offer customers speed, efficiency and maximum security while accessing their accounts and executing the banking transactions.
This application includes new services and features including Barwa Bank rewards, money transfer with Western Union and cardless cash withdrawal services.
With Barwa Bank Rewards, customers can now view their loyalty points and redeem at a wide range of redemption options including booking flights or hotel bookings, car ......read more
DOHA, Qatar – 06 February 2019 –
Qatar Financial Centre (QFC) partners with QFBA to runs the pilot program for the first batch of generation 2030 in pursuit of offering the best in class financial courses to Qatari executives and new age professionals.
The program, targeting new joiners as well as employees who have been on the job for up to three years, will help professionals master the latest trends and challenges in the financial sector and thereby allow them to further hone their skills. The Training modules will be spread over four to six months, with coaching and mentoring in between.
The pilot session of this program took place at QFBA and involved participation of Qatari employees from all QFC entities.
Commenting on the occasion, Qatar Financial Centre CEO Yousuf Mohamed Al-Jaida ......read more
Qatar, February 04, 2019: Please be advised that QIC Board of Directors' in their meeting held today on 3rd of February. 2019, reviewed the company's performance, the financial information for the year 2018, the auditor's report and the profits realized (QR. 646 Million).
The board recommended Cash (Dividends 15 %) from the share par value, i.e. QR. (1.5) QR. for each share, Also the board has proposed increase in capital by (QR77.042.580) through the private shares issuance (7.704.258) shares. Share price is (QR36/57) per share ((QR 10) nominal value + (QR26/57) share premium). Only the minority shareholders of the subsidiary QIC Capital, registered in Qatar Financial Center, has full rights of subscription
In addition, the board also proposed to change the nominal value of the share price to be one Qatari ......read more
QIC contributes QAR 10 billion annually in the Qatari economy
Global Operations represent 77% of total gross written premiums
Qatar Re ranks 27th amongst the global top 50 reinsurers
Doha, 03 February 2019 - Qatar Insurance Group, the leading insurer in Qatar and the Middle East North African (MENA) region yesterday announced its financial results for 2018.
Following a meeting of the Board of Directors, which was presided over by Sheikh Khalid bin Mohammed bin Ali Al-Thani, Chairman & Managing Director, the Board approved the financial results.
Despite an adverse backdrop, QIC Group, being a diversified insurance Group with international presence, in 2018 recorded Gross Written Premiums (GWP) of QAR 12.6 billion, an increase of 8% compared to 2017. Weathering heightened global market ......read more
Doha, Qatar, February 2, 2019: As part of its pursuit to stimulate entrepreneurship in Qatar, Qatar Development Bank (QDB) is pleased to announce the launch of the 4th edition of its Retirees Entrepreneurship Program “Khutwa”. The registration to the program starts on the 3rd of February 2019, while the course starts on the 24th of February for 12 days, followed by special consultation sessions for participants to identify their project ideas and the type of support provided to them.
Khutwa program is aimed to train and develop retirees to learn basic skills of entrepreneurship, through a package of training programs and advisory services to enter the world of entrepreneurship to establish and manage a sustainable successful business.
The target audience for this course is Retired Qatari males and females. Upon ......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
Written by Jameel Ahmad, Chief Market Analyst at FXTM
For the second successive week, global financial markets are commencing trading facing downside pressures with investors reacting unfavourably to the news that a “No” vote was declared victorious in the Greek referendum. While Tsipras is optimistic that the outcome of the referendum can be used as leverage for ......read more
This is now officially a Greek tragedy
In many ways, it is relatively easy to understand why the result was a No from Greece. There is little to lose, as a Yes to more austerity hardly was a great choice for a society on the brink of a social break down.
The vote clearly was not help by the fact that the actual vote: Yes or No was confusing. What did they actually say No to?
This ......read more
MEED says three data points show that markets fell during first half of 2015
• Project awards, mergers and acquisitions activity, and company earnings are all down by close to 30 per cent
• Average daily oil prices down by 46.9 per cent during first half of 2015
• Investor confidence has been subdued this year
Economic activity in the GCC fell by just under ......read more
Greece’s seeming hour-by-hour descent into chaos at the end of the second quarter has fashioned an intensely uncertain framework casting markets at the mercy of headline risk.
It is with that ever-changing caveat that Saxo Bank publishes its Q3 Outlook ahead of the Greek referendum on EU membership which, as things stand, will take place July 5.
The outlook for Q3, therefore hangs in ......read more
Three quarters of GCC employers feel the education system doesn't know what skills employers need
• 53% of employers rank lack of work experience as affecting nationals’ employability, with only 30% of GCC students having taken any work experience
• According to employers, communication skills (36%) and required skills and qualifications (22%) are further ......read more
Dubai, June 29, 2015: Cedar Management Consulting International LLC (Cedar), the global management consulting firm today announced that it has acquired the business and operating assets of IBS Publishing, the leading UK based financial technology research, publication and consulting firm. This includes their primary brand and operating platform - IBS Intelligence.
Since 1999, Cedar’s ......read more
June 28, 2015: Impact Plus, a leading Dubai-based ‘Business Knowledge’ facilitator offering accredited training programs in the Middle East and Africa, has launched three interactive and practical entrepreneurial development initiatives with an aim to reduce leadership deficit. The new US-accredited development programs -- Ana Montejah™, Certified Professional Graduate ......read more
Dubai, June 28, 2015: Doha Bank inaugurated its Representative office in South Africa on 25th June 2015. A Ribbon cutting ceremony was held at Doha Bank Representative Office, Johannesburg, South Africa which was followed by an inauguration reception function held at Michelangelo Hotel, Sandton, Johannesburg, South Africa. The key dignitaries at the function include His Excellency the ......read more
Enjoy exclusive discounts and rewards for Iftar and Suhoor
Dubai – UAE, 25th June 2015: During the holy month of Ramadan, Mashreq introduces astounding offers at over 60 premium Flavours partner restaurants. Mashreq Flavours, one of the biggest dining programs in the UAE continues to provide its customers with a wide range of elite choices to relish the togetherness of ......read more
UAE, June 24, 2015 - The Arab-Brazilian Chamber of Commerce (ABCC) has revealed that two Arab states were among the top importers of Brazilian shoes during the first quarter of 2015, demonstrating anew the steadily growing trade relations between the region and the South American nation. The ABCC cited figures recently released by the Brazilian Footwear Industry Association (Abicalçados) showing ......read more
June 24, 2015 - National Aluminium Products Company SAOG (NAPCO), one of the leading extruders of aluminium profiles in the GCC, has announced that its CEO, Robert Holtkamp, has received the award for ‘Most Outstanding Corporate Leader’ from Alam al-Iktisaad Wal A’mal (AIWA), Oman’s leading Arabic business magazine published by United Media Services. The 5th edition of the ......read more
DUBAI, 23 JUNE 2015. EY signed a conditional agreement to acquire Integrc, a privately owned, leading provider of governance, risk and compliance (GRC) services to companies that run SAP. The acquisition, expected to complete in August, will help cement EY’s position as an industry leader in SAP GRC services by further enhancing its end-to-end offering — from strategy to ......read more
Dubai, June 18, 2015: Dr. R. Seetharaman, Group CEO of Doha Bank, was honored with the “Business Man of the Year Award” at the Qatar Today Business Awards held recently in Doha, Qatar. Dr. Seetharaman was awarded for his strong beliefs in management principles and for his dynamic leadership qualities in leading Doha Bank with strong values and firm principles.
On receiving the ......read more
18 June 2015: SHUAA Asset Management Ltd. today announces that is has been awarded the “Best Regional Asset Manager” at Banker Middle East’s Annual Industry Awards 2015.
Organised by CPI Financial, the awards recognise institutions that are truly innovative pioneers in their respective areas of expertise, and are helping to shape the future of the industry in the region. The ......read more
Doha, Qatar, June 17 2015: DHL Express Qatar has won for ‘Best Logistics Company’ at the inaugural Qatar Today Business Excellence Awards, which took place last June 16, 2015 at the Hilton Hotel in Doha. The high-profile red carpet awarding ceremony was attended by Qatar’s business elite along with representatives of leading national companies and key economic influencers. It ......read more
According to EY’s 2015 Europe, Middle East, India and Africa (EMEIA) Fraud Survey:
DUBAI, 16 June 2015: EY’s Europe, Middle East, India and Africa (EMEIA) Fraud Survey, Fraud and corruption – the easy option for growth?, has found that many businesses still do not have the basic building blocks in place for effective compliance. Only 52% of MENA respondents stated they had an ......read more
55 brands receive Superbrands recognition at Gala Event
Dubai, United Arab Emirates, June 16, 2015: Superbrands, the independent authority and arbiter of branding, announced that ‘Eros Group’ has won the coveted 'Brand of the Year' award at the 11th annual Superbrands tribute event, which was held at the Intercontinental Hotel in Dubai Festival City. Fifty-five leading ......read more
Dubai, June 14, 2015 : “Financial Inclusion for Social Development and Stability- boosting jobs and reducing poverty, said Dr. R Seetharaman, Group CEO, Doha Bank,participating as a keynote speaker in the event,speaking at the session at The International Banking Summit 2015. The summit was held in Hungary on 9th – 10th June 2015, under the patronage of H.E. Mr. Viktor ORBAN- ......read more
UAE, June 08, 2015 - Al Hilal Bank recently hosted the third preparatory session for the United Arab Emirates Banks Reception scheduled to take place as part of the 2015 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) running from October 9 to 11, 2015 in Lima, Peru.
The meeting was organized at the Al Hilal Bank headquarters in Abu Dhabi’s Al Bahr ......read more
Dubai, June 8, 2015: The widespread adoption of technology has resulted in the introduction and acceptance of a multitude of devices and applications that have significantly transformed the way consumers manage their life. Technology has impacted every aspect of our lives and banking is not an exception; it has played a pivotal role in changing the structure and very nature of banking. ......read more
UAE, June 06, 2015 - Al Hilal Bank has announced that it was named ‘Best Islamic Financial Institution’ in the UAE and in Kazakhstan at Global Finance magazine’s 8th Annual Awards for the World’s Best Islamic Financial Institutions. The recognition affirms Al Hilal’s exceptional ability to ensure safety and security for its customers while developing new and ......read more
Africa Witnesses the Largest International Islamic Economic Gathering Next Week
The 40th Annual Meeting of the Board of Governors of the Islamic Development Bank Takes Place in Maputo
MAPUTO, Mozambique, June 6, 2015 -- Dr Ahmad Mohamed Ali, President of the Islamic Development Bank Group (http://www.isdb.org), has stated that preparations are in full swing at the IDB Group for ......read more
Middle East region bucks international trend with 14% increased E&P spend - Offshore Marine & Work Boats event to evaluate impact of lower oil prices on maritime industry
3 June 2015: Seatrade Offshore Marine & Workboats Middle East 2015 - the region’s leading event for the workboat and offshore marine industries - marks its return to the Abu Dhabi National ......read more
Dubai, May 31, 2015: The Banker Middle East Industry Awards 2015 Ceremony was held at Jumeirah Emirates Towers Hotel, Dubai on 27th May 2015. Dr. R. Seetharaman, CEO of Doha Bank was conferred with the Lifetime Achievement Award for his contribution to the industry not only as the leader of one of the middle East’s most dynamic banks but for his personal contribution to the greater ......read more
The company displayed world-class distributed control system (DCS) combined with plant-wide control technologies and unmatched scalability of Rockwell Automation Integrated Architecture®
Abu Dhabi, UAE – 2nd June 2015 – The 3rd ISA Automation Conference & Exhibition 2015 dedicated for process automation in the Middle East successfully concluded at the St.Regis Hotel in Abu ......read more
UAE, June 2, 2015 - Institute of Finance & Management subsidiary of aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has recently signed a Memorandum of Understanding (MoU) with the University of Bolton’s Centre for Islamic Finance, an initiative designed to facilitate research and promote the understanding of Islamic Finance through ......read more
Oman, June 01, 2015 - Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail, and Oil and Gas, and wastewater treatment, has announced that Drake & Scull Engineering Oman, a subsidiary of Drake & Scull Engineering, has ......read more
Abu Dhabi- May 31, 2015– Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, received dual recognition at the Banker Middle East Awards yesterday when its flagship GC Credit Opportunities Fund I was voted as the “Best SME Credit Fund” in MENA and when the firm received the “Best Private Equity Firm” accolade for the 5th ......read more
This is the 3rd straight year that Doha Bank has won the prestigious industry accolade
Dubai, May 31, 2015: Doha Bank has been named - for the third year in a row - the “Best Regional Commercial Bank” at The Banker Middle East Industry Awards, considered the most important recognition of financial excellence in the Middle East.
The Banker Middle East Industry Awards 2015 were ......read more
UAE, May 12, 2015- REACT, an international not-for-profit cooperative association fighting the trade in counterfeit goods, has named the Arabian Anti-Piracy Alliance (AAA) as its strategic partner in the GCC in the efforts to combat piracy and the proliferation of counterfeit products. The AAA was selected by REACT for its contributions and extreme dedication in curbing piracy in the Middle East ......read more
Qatar’s leading private bank recognized for its outstanding achievement in environmental stewardship
Dubai, May 11, 2015: After bagging a record number of awards and recognitions in 2014, including two prestigious awards for excellence in environmental and social responsibility, Doha Bank added yet another triumph to its growing list of accolades when it won the “Environmental ......read more
Dubai May 10 2015: Infinia Services & Solutions, a UAE based loyalty and payment solutions’ company, has expanded its pioneering redemption and rewards program in association with Commercial Bank of Qatar for its CBQ Rewards Program, triggering an upscale in the Qatar loyalty market.
Infinia’s newly launched instant POS redemption provides state-of-the-art, smart redemption ......read more
Doha, 7th May 2015: DHL Express Qatar recently staged the third edition of its company-wide physical and mental health and wellness initiative called ‘Health Week’ in line with the overall regional program of DHL Express, the world’s largest express network, aimed at promoting healthy living among its employees.
The one-week event in Doha saw hundreds of staff members ......read more
Q1 2015 MENA M&A deal value increases by 9% compared to Q1 2014
69% of MENA executives expect the deal market to remain stable in 2015 according to EY’s Capital Confidence Barometer
Dubai, 05 May 2015: Announced deal value in MENA increased from US$8.2b in Q1 2014 to US$8.9b in Q1 2015, an increase of 9%, according to EY’s Q1 MENA M&A Update. In Q1 2015, 90 deals ......read more
UAE, May 5, 2015 - Revenues from Brazilian exports to Arab countries accelerated for the first time this year in March 2015, demonstrating thriving mutual trade relations. The latest statistics released by Brazil’s Ministry of Development, Industry and Foreign Trade and compiled by the Arab-Brazilian Chamber of Commerce show that Brazil exported USD 1.036 billion worth of products to the ......read more
Donated sum will be used to purchase medical equipment - resulting in improved quality of healthcare for people with special needs
Dubai, May 04, 2015: As part of its Corporate Social Responsibility (CSR) initiatives and its ongoing support of humanitarian causes, Doha Bank recently offered financial support to the Qatar Society for Rehabilitation of Special Needs for purchase of medical ......read more
Alfardan Group has announced a donation of QAR 300,000 to the Qatar Red Crescent Society to help the citizens of Yemen. Mr Wael Jamal, Head of Corporate HR, Alfardan Group handed the donation to Mr Saed Shaeen Al Kaabi, Head of Resource Mobilization, Qatar Red Crescent Society; in a private ceremony held recently at Alfardan Towers.
The Qatar Red Crescent Society will use the donated amount to ......read more
2 May 2015 : MSE DOHA 2015, PROJECT QATAR US$1.20 b total bilateral trade between Malaysia and Qatar In 2014
Continuing bringing competitive excellence to the promising State of Qatar, Malaysia External Trade Development Corporation (MATRADE), the national trade promotion agency of Malaysia is organising its flagship of Malaysia Services Exhibition (MSE) which will be held in conjunction with ......read more
Dubai, May 2, 2015: Doha Bank, one of the largest commercial bank in the State of Qatar, held the inauguration ceremony of its Indian operations on Wednesday, 29 April 2015 in Mumbai. Doha Bank is the first Qatari Bank to establish its full scale banking operations in India.
The inauguration ceremony was well attended by several high-profile dignitaries including H.E. Ali Sharif Al Emadi, the ......read more
Doha, April 23, 2015: Doha Bank, the leading private commercial bank in Qatar, has announced the re-launch of its next-generation e-commerce hub, Doha Sooq. Qatar’s first e-mall welcomes visitors to a brand new, state-of-the-art online shopping experience. This unique initiative continues to demonstrate Doha Bank’s leadership in progressing digital payments in the country.
The ......read more