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Featured in Banking and Investments
al khaliji takes part in TAWTEEN launch event as the Sponsor

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

al khaliji hosts its 5th Annual Football Tournament

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

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

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

Barwa Bank celebrates 8th National Sport Day with employees and families

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

Barwa Bank launches the new mobile banking application

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

Qatar Financial Centre (QFC) partners with QFBA to run the pilot program for the first batch of generation 2030

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

QIC Board of Directors Meeting

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 records a substantive profit growth of 57% to QAR 664 million

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

QDB announces the Launches of the 4th edition of its Retirees Entrepreneurship Program “Khutwa”

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

Al Khaliji's Humanoid Robot Noor Introduces Latest Banking Products to HIA Passengers

Doha, January 31, 2019 – Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, introduced its state-of-the-art humanoid robot to Hamad International Airport (HIA) passengers with the aim to inform the public about the bank’s latest offerings, bringing them closer to al khaliji’s innovative banking solutions.  Nicknamed, Noor, the humanoid robot has been interacting with departing passengers at HIA for a period of 2 weeks, acting as an informative pit-stop station updating the public on the current services and products that the bank is offering.  Noor was first introduced and launched at al khaliji’s Um Lekhba branch, in May 2018. Noor has been designed to be genuine day-to-day companion and guide. She is the first humanoid robot capable of recognizing the principal ......read more

Qatar Insurance Group holds blood donation drive

Doha,  Qatar, January 29, 2019:  Qatar Insurance Group - the leading insurer in the MENA recently held a blood donation campaign at QIC Headquarters in West Bay. The campaign was organized in collaboration with Hamad Medical Corporation (HMC) Blood Donation Unit. HMC mobilized its blood donation bus along with its medical unit to assist in the successful completion of the blood donation drive. For QIC Group the blood donation campaign serves as an important Corporate Social Responsibility (CSR) initiative, which creates scalable impact for the society, environment and its people. Like all other businesses, QIC Group considers CSR as a cornerstone for the sustainable development of the society and spares no effort to fulfil its CSR duties. By participating in various social initiatives and environmental engagements, QIC Group ......read more

Qatar Finance and Business Academy announces the launch of its “Generation 2030” program

DOHA, Qatar, 28, January 2019:  In pursuit of offering the best in class financial courses to Qatari executives and new age professionals, Qatar Finance and Business Academy (QFBA), proudly announces the launch of a national development solution for employees who have been on the job for up to three years. Known as ‘Generation 2030”, the program 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. Commenting on the occasion Dr. Khalid Al Horr, Chief Executive Officer, Qatar Finance and Business Academy, said: “The “Generation 2030” program has been launched after identifying the needs within the ......read more

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

January 23, 2019 Dubai, United Arab Emirates:  Barwa Bank has announced Mercy Pabilona 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 Commerce & Industry. Thara’a, Qatar's Shari’ah compliant and the first in Islamic bank’s sector, offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari Riyals. 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 Qatari Riyals. On a monthly basis, there are 21 ......read more

Al Khaliji Reports a Strong Increase in Net Profit for 2018

Net profit of QAR 608 million, an increase of 10.5% year-on year Net Fee and Commission Income of QAR 189 million, an increase of 4% over last year Operating expenses lower compared to 2017, to QAR 329 million Impairments significantly lower; a decrease of 40% year on year Strong Liquidity position, well above regulatory requirements Doha, Qatar, January 21, 2019:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the year ended 31 December 2018 today with a Net Profit of QAR 608 million.   The consolidated financial statements for the year ended 31 December 2018 were approved by the Board of  Directors of al khaliji during its meeting held in Doha on 20 January 2019. The figures are subject to Qatar Central Bank’s approval and ......read more

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

Doha, Qatar – January 21, 2019:  Barwa Bank has announced Mercy Pabilona 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 Commerce & Industry. Thara’a, Qatar's Shari’ah compliant and the first in Islamic bank’s sector, offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari Riyals. 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 Qatari Riyals. On a monthly basis, there are 21 ......read more

Qatar Insurance sponsors Kahraman Beads Exhibition at Katara

Doha, Qatar, 10, January, 2019:  As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance, the flagship insurer is sponsoring the Katara Exhibition for Kahraman beads. Commencing from 10th January, the first edition of the exclusive exhibition will display rare and expensive beads made of authentic Kahraman (Amber) from around the world.  A first of its kind, the exhibition will bring together traders and collectors of Kahraman beads, along with experts making the beads by hand from natural fossilized resin.  The exhibition will also showcase how Amber beads are measured, perforated and various parameters for quality tests. Commenting on the distinctive sponsorship, Fahad Al Suwaidi, Deputy CEO of QIC Qatar Operations stated, “As the leading ......read more

Qatar Insurance announces promotion of three senior executives

Qatar Insurance announces three senior promotions Qatar Insurance announces leadership roles within the Group Doha, 8 January, 2019:   Qatar Insurance Group recently announced the promotion of three senior executives, Mr. Fahad Al Suwaidi as Deputy CEO of QIC Qatar Operations; Mr. Ahmad M. Zebeib as Deputy CEO of QLM Life & Medical WLL, and Mr. Ahmed Al Jarboey as Senior Vice President of QIC MENA Retail and Motor Claims. The significant promotions form an integral part of Qatar Insurance’s strategic succession plan, Qatarisation and consistent efforts towards the realization of the Qatar National Vision (QNV) 2030. QIC Group has consistently attracted, motivated, developed and retained Qatari talent. Pursuant to its consistent efforts at aligning with this goal, QIC Group has not only attracted, but has ......read more

QIC Insured opens two new kiosks at leading malls in Qatar

As part of its expansion strategy, QIC Insured - the retail division of Qatar Insurance and the leading insurer in the MENA region has recently opened two new kiosks at City Centre Mall and Mall of Qatar. The new kiosks are located near the East Gate at the Mall of Qatar and in the basement of City Centre Mall.The working hours of the new kiosk at City Centre is Saturday-Thursday, 11am-7pm.  The working hours of the new kiosk at the Mall of Qatar are from Saturday-Thursday, 10am-10pm and Friday from 5pm-11pm. Offering an open lay-out and lighting that exudes a modern and receptive look, the new kiosks are well positioned to service the insurance needs of walk-in customers for car insurance, home insurance, travel insurance, personal accident benefit.    Commenting on the recent expansion of QIC Insured network, Mr. ......read more

QIC Group celebrates Qatar National Day

Doha, 18 December, 2018:  Qatar Insurance, the leading insurer in Qatar and the MENA region celebrated Qatar National Day by renewing its commitment towards the realization of the Qatar National Vision (QNV) 2030. To celebrate the spirit of the glorious day, QIC staff donned white and Anabi colors of the Qatari national flag.  Speaking about the significance of the Qatar National Day, Mr. Khalifa Abdulla Turki Al-Subaey  Qatar Insurance Group President & CEO of QIC Group stated, “On this special day, we express our gratitude to His Highness the Amir, Sheikh Tamim bin Hamad Al-Thani for his wise leadership and his guidance. We reflect on our glorious past and map the journey that QIC has accomplished over the past 54 years alongside the growth and development of the nation.” He further mentioned, ......read more

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

Doha, Qatar, 16 December 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, Issa Ali Al-Ansari and Iqbal Ahmed Abdul Bari 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:  Sahar Kamel Zarandah, Mubarakah Saeed Al-Marri, Hally Sanicas, Salem Saeed Al-Khelaifi, Nafja Abdul Rahman Al-Maadeed, Kathy Sok Theng, Amel Mohamed Al-Yafei, Yusra Mohamed Al-Maskri, Fatima Abdul Rahman Al-Mohannadi, Ghanim Nasser Al-Nuaimi, Rashid Hamad Al-Adbah, Mohamed Ahmed Al-Alwi, Khaled Mohammed ......read more

QDB launches FinTech Pitching and Coaching day

With a view to empower FinTech Start-ups Doha, 13 December 2018 –   As part of its continuous efforts in supporting SMEs and Qatari entrepreneurs towards developing Qatar and building a knowledge-based economy with a strong focus on some of the key sectors, Qatar Development Bank (QDB) launched today the “FinTech Pitching and Coaching day”, as a new step towards achieving great strides in the FinTech sector and create a technology driven landscape for future generations.  The event, which took place at the Sheraton Hotel Doha, was attended by guests from Europe, East Asia, and the Middle East to offer their significant contribution towards a unified cause of leading a fintech economy. This event was a great opportunity for representatives from the banking and investment sector to explore the ......read more

Qatar Development Bank successfully hosts Al Furjan Markets Raffle Draw ceremony

Doha, 12 December 2018 -   The much-anticipated Al Furjan Markets Raffle Draw by Qatar Development Bank (QDB) came to a close on December 11, 2018 at Four Seasons where the lucky draw winners of the 45 retail stores were announced. For Phase I of Al Furjan markets project, QDB witnessed an overwhelming response by receiving 13,266 applications. The raffle draw ceremony was also an ode to the huge participation reflecting people’s keen interest in Al Furjan Markets project as well as informing people about the facilitation and improvements being made by QDB.  In order to ensure utmost integrity, fairness and adherence to the principle of equal opportunity, the draw was fully automated and was supervised by an international audit firm under the supervision of a committee composed of members from the Ministry of ......read more

Qatar Development Bank successfully hosts Al Furjan Markets Raffle Draw ceremony

Doha, 12 December 2018 -   The much-anticipated Al Furjan Markets Raffle Draw by Qatar Development Bank (QDB) came to a close on December 11, 2018 at Four Seasons where the lucky draw winners of the 45 retail stores were announced. For Phase I of Al Furjan markets project, QDB witnessed an overwhelming response by receiving 13,266 applications. The raffle draw ceremony was also an ode to the huge participation reflecting people’s keen interest in Al Furjan Markets project as well as informing people about the facilitation and improvements being made by QDB.  In order to ensure utmost integrity, fairness and adherence to the principle of equal opportunity, the draw was fully automated and was supervised by an international audit firm under the supervision of a committee composed of members from the Ministry of ......read more

QDB gets 13 thousand applications for electronic raffle draw for Phase I of Al Furjan markets project

Doha, Qatar, 04 December 2018 –  Qatar Development Bank (QDB), is pleased to announce the overwhelming response received by Phase I of Al Furjan markets project. The bank received 13,266 applications from the opening date on October 21 till the closing on November 19.  QDB will host a Raffle award ceremony on December 11, 2018 at Four Seasons, Doha and the event will specially be dedicated to a number of successful applications being received by QDB, reflecting people’s keen interest in Al Furjan Markets project and also inform people about the facilitation and improvements being made by QDB.  The raffle draw will be very transparent given the fact that it will be fully automated process and has been supervised by an international audit firm under the supervision of a committee composed of QDB ......read more

QIC Insured launches QIC Safe Driver App at the International Traffic Safety Conference

QIC Insured participates at the International Traffic Safety Conference & launches QIC Safe Driver App Doha,  Qatar, November 28, 2018:  QIC Insured, the retail arm of Qatar Insurance, the leading insurer in the MENA region participated in the International Traffic Safety Conference, which was attended by traffic safety experts, a number of Excellences, Ministers, officials, dignitaries, researchers, specialists in transport and traffic safety and many governmental entities.  The highbrow conference, which addressed a number of topics, related to traffic safety, driving behavior, transport safety and security etc. also served as a launch pad for QIC Insured’s latest offering, namely, the QIC Safe Driver App. Working relentlessly towards its Corporate Social Responsibility (CSR) mission for safer roads in ......read more

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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

Inbound deal value increases five-fold in Q1 2015: EY…

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

Brazilian exports to Arab countries touch USD 1 billion in March 2015…

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

Doha Bank Offers Financial Support to Qatar Society for Rehabilitation of Special Needs…

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 donates QAR 300,000 to Qatar Red Crescent Society…

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

MSE Doha 2015, Project Qatar US$1.20 b total bilateral trade between Malaysia and Qatar in 2014…

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

Doha Bank inaugurates its India Operations…

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 Bank brings back its online e-commerce portal DohaSooq.com…

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

Alfardan Properties underscores role of modern ‘smart living' solutions at 4th Arab Future Cities ...…

April 14, 2015: Alfardan Properties, Qatar’s leading luxury lifestyle solution developer, emphasized the crucial role of ‘smart living’ solutions in the country’s bid to attain sustainable economic growth during its participation at the high-profile 4th Arab Future Cities Summit Qatar, at the Ritz-Carlton in Doha. Mohamed Sleiman, General Manager of Alfardan Properties, ......read more

Mashreq named Best Retail Bank in UAE and Qatar 2015 for outstanding customer service and innovation…

•    Bank wins top 6 awards in total from Global Banking & Finance Review Awards •    Bank sets precedent for Everyday banking in the region •    imashreq rewarded as the most innovative global banking initiative United Arab Emirates, Dubai, 9th April 2015: Mashreq, a leading financial institution in the UAE, was named the Best ......read more

Ezdan Mall Celebrates its Second anniversary with “Ezdan Mall Retail Excellence Awards 2014”…

- Overall average Sales Density of USD 530 sq/ft and 40% increase from last year - Celebrating its Second Anniversary, Ezdan Mall organizes a Gala Dinner for its stakeholders. The mall Gala Dinner will have an award ceremony : “Ezdan Mall Retail Excellence Awards 2014”. The award will be given to the top performing brands, based on retailers’ sales density mainly, ......read more

Henley & Partners Forges Partnership with UNHCR to Support Global Refugee Cause…

Dubai, 06 April 2015 - Henley & Partners announces an innovative partnership with the United Nations High Commissioner for Refugees (UNHCR) and donates more than USD 1 million to help the global refugee cause. Henley & Partners, the global leaders in residence and citizenship planning for wealthy individuals and families, has announced the creation of an innovative partnership with the ......read more

“Private sector can play a key role in Qatar's non-hydrocarbon diversification”, says Doha Bank ...…

Dubai, April 05, 2015: “Private sector can play a key role in Qatar’s non-hydrocarbon diversification”, said Dr. R. Seetharaman, Group CEO, Doha Bank, at a knowledge sharing session on “Opportunities in Qatar and GCC”. The session was hosted by Doha Bank at Mandarin Oriental Tokyo, Tokyo on April 03, 2015. The key dignitaries who participated in the event include ......read more

GCC banks continue double-digit growth momentum…

Positive market development is raising the levels for all A recent study by The Boston Consulting Group shows that Middle East banking revenues continued to grow and reach double-digit rates in 2014 with a 10 percent increase, while profits rose by 14.7 percent. Increases in operating costs exceeded revenue growth by 10.7 percent. At an aggregate level, provisions for bad loans decreased by ......read more

The UAE Islamic banking sector is en route to achieve US$263b by 2019…

Sharia-compliant assets in the UAE crossed the US$100b milestone for the first time UAE Islamic banking industry was estimated to be worth US$127b in 2014 DUBAI, 29 MARCH 2015: The UAE is en route to achieve US$263b of Sharia-compliant assets by 2019 according to EY’s World Islamic Banking Competitiveness (WIBC) report. The industry was estimated to be worth US$127b in 2014, thus ......read more

Drake & Scull Rail targets major rail project awards in 2015…

UAE, March 18, 2015 - Drake & Scull Rail (DSR) is highly optimistic about its prospects of securing contracts on the major rail and urban transport projects underway in the region. The company has refined its manpower and technologies and is well equipped to assume leadership role in the development of the regional rail and metro networks. Speaking on the sidelines of the company’s ......read more

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

Qatar, March 15, 2015: 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 Qatar City Centre, marks the grand entry of AXA in Qatar. AXA ......read more

Ali Bin Ali Group to operate “ Katara Plaza” project…

Qatar’s first ever open-air airconditioned commercial plaza Galeries Lafayette as anchor tenant, Middle East’s first ever evian®SPA and a dedicated Children’s Mall to be part of the project, which will open doors in 2016. 8th March 2015 | Doha | The Ali Bin Ali Group unveiled its plans to run “Katara Plaza” project, which will open its doors in 2016. The ......read more

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

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