Doha, Qatar, May 23, 2018: Qatar Development Bank (QDB), in its ongoing endeavor to provide all means of support to help the food and beverages SMEs spread their wings in the global markets, through its export development agency 'Tasdeer', participated in Food and Hotel Asia (FHA) 2018, which was held from April 24-27, 2018 at Singapore Expo and Suntec Singapore.
Hosting a special Qatar pavilion, it offered a poised platform to SMEs to showcase their products and services and gain better business ties. FoodAsia, the largest food industry event in Asia-Pacific region, has a proven ability to attract the right profile and quality trade visitors from across Asia.
The list of participating companies included Qatar Meat Production Co, Global Farm for Agriculture, Agrico Organic Farms, Gulf Water Plant, ......read more
Doha, Qatar –May 21, 2018: Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, launches MasterCard Weekend offer for its existing Barwa Bank Mastercard holders.
During the holy month of Ramadan, Barwa Bank offers its customers a chance to win exciting rewards when they make transactions using their MasterCard credit card during the weekends. The offer is valid till July 21, 2018.
The winner will be chosen based on the highest number of transactions during the weekend, starting Thursday morning till Saturday midnight. 10 winners stand a chance to win a travel voucher worth QAR 5,000 each. In addition, the customers would earn loyalty points with every purchase. These points would be redeemable with Qatar Airways Privilege Club, Nojoom and other leading ......read more
Doha, Qatar, May 19, 2018: In line with the Qatar National Vision 2030 towards developing human capital and as part of its mission, Qatar Finance and Business Academy (QFBA) in collaboration with the CFA Society Doha organized a free CFA information session on Tuesday May 8, in order to create an awareness for finance professionals on the importance of being certified in a fast moving world and give participants an idea as to what they can expect from taking this course at QFBA. Participants from different sectors in Qatar such as Georgetown University, Qatar National Bank (QNB), Shell Qatar and KPMG in Qatar, have joined the session.
QFBA, in collaboration with CFA Society, are successfully implementing programs that work towards creating a knowledge-based economy.
Commenting on the occasion, Dr. Mohammed Abdullah Al ......read more
Doha, Qatar – May 17, 2018 – Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, has announced a slew of customers centric campaigns and initiatives for the holy month of Ramadan.
In one of the initiatives, the Bank has launched Mastercard Weekend offer for its existing Barwa Bank Mastercard holders. The move has been taken in order to encourage the credit card holders to spend more using their cards during the weekends. This offer is valid till July 21, 2018.
The winner will be chosen based on the highest number of transactions during the weekend, starting Thursday morning till Saturday midnight. 10 lucky winners stand a chance to win a travel voucher of QAR 5,000 each. Additionally, the customers would also earn loyalty points with every purchase. These points would be ......read more
Doha, Qatar – 13 May 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, Randa Abumaali and Lamiaa Gomaa Allak each won a cash prize of QR 10,000. Also, a cash prize worth QR 5,000 was awarded to the following bank clients; Mohammad Syed Mohammad, Hussain Sultan Al-Jaber, Mohamed Mohamed Hussain, Basma Ali, Abdulla Saad Marafi, Farideh Esmaeil Nowdaz, Iman Ghommidh, Aydeh Almaridi, Oamar Ahmed Al-Mulla, Abdulla Hamad Al-Mohannadi, Jumah Idrees Al-Fadel, Shayah Mohd Al-Hamli, Yousuf Ali Almohannadi, Nasser Ebrahim Al-Emadi, Ali Mohd Al-Ghaffari, Shawqi A.Aziz ......read more
Doha, Qatar – May 07, 2018: Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the names of the second draw winners of Salary Transfer promotional campaign, at the Bank’s headquarters. The draw was held on May 6th, 2018 and five winners took home a QAR 20,000 cash price each: Ebrahim Haidar Abdulla, Mohamed Rahma Thulla Shafeeq, Mohammed Rabiah AL-Kuwari, Dayo Aristotle Santos and Saleh Abdulla Ismaeel.
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.
Barwa Bank had launched its Salary Transfer promotional campaign offering customers a chance to win cash and other rewards that sum up to QAR 1 million. Customers ......read more
DOHA, Qatar – 6 May 2018: Qatar Finance and Business Academy (QFBA), has joined hands with Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, in offering a new and innovative leadership development program, from January 31 to December 12, 2018, aimed at educating managers on how to become more effective leaders in today’s complex and disruptive business environment.
QFBA’s National Leadership Development program is a part of its efforts to encourage companies and institutions in the public and private sectors to develop their human resources and achieve their goals. The training course seeks to develop specific leadership skills that will bring immediate results for their organization and themselves, offers participants the opportunity to enhance ......read more
Doha – Qatar, May 03, 2018- First Finance Company (FFC), a subsidiary of Barwa Bank Group, has received the Quality Management System Standard Certification, known as ISO 9001:2015 from the international accredited registrar DNV GL in the field of providing financial services in accordance with the Islamic Shari’ah law.
Mr. Eslah Assem, Chief Executive Officer said:
“First Finance Company's (FFC) obtaining such certification reflects the company's commitment at all levels to provide services at par with highest international standards and practices and in line with the requirements of the customer as well as that of regulatory and supervisory entities and stakeholders, in addition to the company's commitment to continual develop its services and operations.”
It is worth ......read more
In order to provide venture capital
Doha, Qatar, May 1, 2018: Qatar Development Bank (QDB) today, in the presence of distinguished guests, announced the launch of “QDB Investment Forum” with an aim to attract global venture capital firms to set up their base in Qatar in order to facilitate the exchange of knowledge, service, and expertise for the Qatari SMEs and entrepreneurs to empower them and to drive growth.
Held at Hilton hotel on May 1, 2018, the event saw the official agreement signing with the head honchos of five funds including Mr. Alexander Wiedmer, Partner at Iris Capital; Mr. Murat Aktihanoglu, Managing Partner at Entrepreneurs Roundtable Accelerator (ERA); Mr. Numan Numan, Managing Partner at 212 Fund; Mr. Vineet Kapur, Partner at IDG Capital; and Mr. Aziz Mebarek, Founding Partner ......read more
Final awards ceremony held under the patronage of the Minister of Economy and Commerce, His Excellency Sheikh Ahmed bin Jassim al-Thani
Value of awards this year amounts to more than QAR 500,000
In the past, more than 200 ideas have been presented at the Al-Fikra nationwide contests – of which 14 business models have been supported through incubation time, integrated consultancy program coupons, and access to finance
Doha, Qatar, May 1, 2018: The five-months rigorous Al-Fikra National Business Competition came to a close on April 30, 2018. Held at the Grand Hayyat Hotel, under the patronage of H.E. Sheikh Abdullah bin Nasser Al Thani, Prime Minister and Minister of Interior, Qatar Development Bank (QDB) recognised the efforts of winning team among the august presence of industry veterans at the glittering gala dinner. ......read more
Net profit exceeded 208 million Qatari Riyals, an increase of 15%
Doha – Qatar, April 2018- Barwa Bank Group disclosed its financial statements for the first quarter ending 31st March 2018, where the Group has recorded a net profit of QAR 208.7 million, representing an increase of 15% as compared to the same period in 2017.
His Excellency Sheikh Mohammed Bin Hamad Bin Jassim Al Thani, Chairman and Managing Director of Barwa Bank Group, said: “The Group has succeeded in achieving strong and steady results for the first three months of the year, by taking advantage of the extensive customer base that the Group has been able to build over the past years. This also came in line with the management’s ability to adapt to the current market conditions by working with dynamism and flexibility, which reflected positively ......read more
Doha, April 28, 2018 – In a joint effort between Al Khaliji Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, and HEC Paris in Qatar, a leading provider of executive education, Al Khaliji Bank invited all private banking customers to attend an exclusive masterclass session on one of the most crucial topics ‘Managing in Challenging Times’.
The masterclass was presented by the renowned HEC Paris Professor Roger Hallowell and Academic Director of ‘Leading Strategies for Outstanding Performance’. Furthermore, Professor Hallowell regularly teaches in the HEC Executive MBA degree program.
This path breaking session emphasized the skills required to best prepare businesses for turbulent times, best practices and leading change during both stormy and ordinary times. ......read more
Doha, Qatar – 25 April 2018 - Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, organized its sixth “Annual Clay Shooting Competition” at the Lusail Shooting Club. The competition welcomed numerous local and international corporate banks and companies to participate in the occasion.
Launched in 2012, the first shooting event was met with great success and lead to an annual tradition between al khaliji and clients. At this year’s event, al khaliji welcomed teams ; such as Qatar Investment Authority, Qatar National Bank, Al Fardan, Ali Bin Ali, CCC, Doha Insurance, Supplement House including al khaliji Team as a host.
Highlighting the importance of local engagement and proactivity, Mr. Fahad Al Khalifa, al khaliji’s Group Chief Executive Officer, ......read more
Doha, Qatar, April 22, 2018: As part of its commitment to promote innovative Qatari entrepreneurs and diversify the economy, Qatar Development Bank is launching the “QDB Investment Forum”, which is going to be held on the May 1, 2018, at the Hilton Hotel in Doha. During the Forum, Qatari Entrepreneurs, both start-ups as well as established ones, will meet with local and international investors, including international VC funds and QDB. The bank will reflect upon its achievements in contributing towards the development of Entrepreneurial Ecosystem in Qatar during the event.
The booming Qatar economy and buoyed investors’ sentiments over the past few years have propelled Qatar Development Bank to offer numerous unique schemes aimed to further the Qatari economy growth momentum. With these efforts, QDB intends to ......read more
Net Interest Income of QAR 244 million, grew by 5.7% year on year
Increased Operating Income of QAR 316 million
Operating expenses were QAR 81 million, 3% lower compared to Q1, 2017
Net profit of QAR 169.6 million, an increase of 5.3% year on year
The Capital Adequacy ratio at quarter-end stood at a healthy 16.6%
Doha, April 21, 2018: Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the quarter ended 31 March 2018 today with a Net Profit of QAR 169.6 million for the quarter. This represents an increase of 5.3% over its financial results for the same period of last year
His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Chairman and Managing Director stated:
"al khaliji is starting the year 2018 with a solid financial ......read more
Doha, Qatar, April 17, 2018: Envisioning to empower Qatari SMEs to harness growth, Qatar Development Bank (QDB) announced the launch of the first of its kind "SME Toolkit: Policies and Procedures Guidelines for SMEs owners" during a press conference held on Sunday, April 15 at the four Seasons hotel. The press conference was attended by Mr. Abdulaziz bin Nasser Al-Khalifa, Chief Executive Officer of Qatar Development Bank, and Mrs. Farah Al-Kuwari, Statistics & Research Manager at the Bank, as well as media representatives.
The launch of the SME Toolkit is part of QDB’s continued commitment to strengthen the SME sector in Qatar, through holistic solutions that provide access to more than just financial services. The SME Toolkit, which is available on QDB website, offers entrepreneurs and SMEs all the ......read more
Doha, Qatar – 16th April 2018 – Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of its April’s draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.
As the draw results showed, Ahmad Mohd Al-Mohannadi and Sumaya Mehdar Alyafei each won a cash prize of QR 50,000. Also, a cash prize worth QR 25,000 was awarded to Abdulrahman Mohamed Fakhroo, and Hessa Saleh Alaqili, 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 Qatari riyals, a first for Islamic banks in Qatar. ......read more
Doha, 10 April 2018: QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2018.
For the three months ended 31 March 2018, Net Profit reached QAR3.4 billion (USD0.9 billion), up by 7% compared to previous year. Total assets increased by 12% from March 2017 to reach QAR834 billion (USD229 billion), the highest ever achieved by the Group.
Key driver of growth in total assets was from loans and advances which grew by 12% to reach QAR598 billion (USD164 billion). Also QNB Group was successful in attracting funding, which resulted in increased customer funding by 12% to reach QAR604 billion (USD166 billion). This enabled the Group to maintain its loans to deposits ratio at 99%.
The Group’s prudent cost control policy and strong ......read more
A strong performance in total asset standing at 48,6 billion QR, driven by a strong growth in the finance portfolio that reached 31.7 billion QR.
Customer deposits reached 26.5 billion QR.
Doha – Qatar, April 04, 2018: Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, convened its Annual General Meeting (AGM) on 3rd April 2018, chaired by HE Sheikh Mohamed Bin Hamad Bin Jassim Al Thani, Chairman of the Board and Managing Director, with an 82% shareholder attendance, at the Four Seasons Hotel.
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, 2017, as well as discussing and approving the group’s future business plans. This also came in line ......read more
Doha, Qatar – March, 2018: Al Meera Consumer Goods Company (Q.S.C) held its Annual Ordinary General Assembly on Tuesday, 27th March 2018 at La Cigale Hotel, in the presence of Sheikh Thani Bin Thamer Bin Mohamed Al Thani, Chairman of the Board of Directors, as well as members of the Board of Directors, shareholders and investors.
All items on the agenda were discussed, such as hearing and approving the Board's Report for the year ended 31st December 2017, along with discussing and approving the Company's future business plans. This also came in line with hearing the External Auditor's Report of the year ended 31st December 2017. The company’s financial statements for the year ended 31st of December 2017 were also discussed.
The Assembly approved the Board of Directors’ proposal on the ......read more
Doha- 12 March, 2018 -Buoyed by a strong two-year partnership, Qatar Development Bank (QDB) has once again renewed its agreement with Qatar International Islamic Bank (QIIB) for its very successful Al Dhameen program portfolio agreement, enabling further expansion of SMEs financing. The agreement was inked by Mr. Abdulaziz bin Nasser Al Khalifa, CEO of QDB, and Mr. Abdulbasit Ahmad Al-Shaibei, QIIB Chief Executive Officer, at the QDB head office on March 12, 2018.
ther dignitaries present during the ceremony included QIIB Deputy CEO Mr. Jamal Al-Jamal, Sheikh Abdulaziz bin Abdullah Al Thani, Chief of Corporate Banking at QIIB, Mr. Khalid Abdulla Al Mana, Executive Director of Business Finance at QDB, and Mrs. Jawaher Al-Noaimi, Al Dhameen Manager at QDB. With this signing agreement, they have once again renewed the program ......read more
Doha, Qatar – March 20, 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, Mr. Mohamed Omar Abdalkader and Mr. Khaldoun Nachawi each won a cash prize of QR 10,000. Also, a cash prize worth QR 5,000 was awarded to the following bank clients:
Ms. Sara Jabor AL-Kubaisi, Mr. Ziyad Mohamed Marouf, Mr. Abdulaziz Ibrahim AL-Shaar, Mr. Nyla Abdul Rasheed, Mr. Yousif Belal AL-Abdulla, Mr. Saed Mubarak Al-Hajri, Ms. Almayasa Mohd AL-Anqar, Mr. Mohd Shbhi AL-Anqar, Ms. Bashaer Ameer AL-Mulla, Ms. Noora Saleh AL Shahwani, Ms. Maha Mohammed Alqatouni, Ms. Aysha Essa ......read more
Doha, Qatar – March 18, 2018: Qatar Development Bank (QDB) in collaboration with Strategyzer imparted a specially designed course ‘Business modeling and value proposition design’ for low-medium startups and entrepreneurs supported by the bank. The course was conducted at the Marriot Marquis – city center in Doha from 25 to 28 February 2018.
The course aimed at providing participants a platform to learn and develop invincible business models by working through case studies, visually engaging examples and hands-on exercises. The four-day long training session was attended by 27 entrepreneurs and covered various topics like the business model Canvas, identifying customer jobs, prototyping business models, pitching business models, talking to your customers, testing business models, where ......read more
Shareholders approve recommended distribution of cash dividend payout of 15%
Doha, Qatar, March 04, 2018: Despite being a challenging year, in 2017 Qatar Insurance, the leading insurance Group recorded strong operational performance, coupled with robust premium growth, taking Gross Written Premium (GWP) to QAR 11.7 billion, up by 18% vis-à-vis the same period in 2016. The underwriting results for the Group for the year 2017 amounted to QAR 115 million. QIC Group’s consolidated net profit for the full year 2017 came in at QAR 418 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 approved increase in the ......read more
Shareholders approve recommended distribution of cash dividend payout of 15%
Doha, 25 February, 2018: Despite being a challenging year, in 2017 Qatar Insurance, the leading insurance Group recorded strong operational performance, coupled with robust premium growth, taking Gross Written Premium (GWP) to QAR 11.7 billion, up by 18% vis-à-vis the same period in 2016. The underwriting results for the Group for the year 2017 amounted to QAR 115 million. QIC Group’s consolidated net profit for the full year 2017 came in at QAR 418 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 approved increase in the Company’s capital from QAR ......read more
DOHA, Qatar – 25 February 2018 – The Qatar Finance and Business Academy (QFBA) recently signed an internship partnership with Mitsubishi UFJ Financial Group’s (MUFG) banking arm - The Bank of Tokyo-Mitsubishi UFJ, to host three Kawader internships at their Asian Offices in Singapore, Malaysia and Hong Kong.
The agreement between QFBA and MUFG is an extension ......read more
Doha, Qatar – February 17, 2018 – In recognition of its service excellence and innovative efforts in the Islamic Banking sector, Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, walked away with two esteemed titles at the European Magazine Global Banking & Finance Awards 2017.
The bank was named the ‘Best ......read more
Doha, February 12, 2018: Al Khaliji Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, through its ongoing commitment to the communities in which it operates, continues to support students, by helping to build their knowledge to ensure academic excellence, which can in turn, enable them to gain the necessary expertise to achieve professional development and ......read more
Country is adapting to challenges, results indicate
Doha, February 06, 2018: Almost all decision-makers interviewed for the first release of the Business Barometer: Qatar Survey carried out by Oxford Business Group (OBG) remain upbeat about the local business environment, despite the ongoing boycott implemented by some of its GCC neighbours.
As part of its survey, ......read more
Doha, February 3, 2018– Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, recently held its annual staff gathering at Marriott Marquis City Center Doha. The event honored employees, and felicitated staff who completed 10 years in the bank for their loyalty towards the bank and its customers. In addition to this, outstanding performances of 16 ......read more
Abdulaziz Bin Nasser Al-Khalifa sees cooperation with academia as a key to supporting aspiring entrepreneurs
DOHA, QATAR February 01, 2018: Qatar Development Bank’s Abdulaziz Bin Nasser Al-Khalifa stated that collaborations with academic institutions like Carnegie Mellon University in Qatar (CMU-Q) improve the services and support available to aspiring entrepreneurs in Qatar. ......read more
As part of its continuous efforts to promote national products
Doha, Qatar - January 25, 2018 – Qatar Development Bank (QDB), through its export program ‘Tasdeer’, organized a Product Certification Workshop to raise awareness among Qatari exporters and introduce them to the requirements and standards of importing countries, as well as export procedures, as part of ......read more
Earnings Release Full Year 2017
Net profit of QAR 551 million, an increase of 29% year-on year
Net Operating Income reached QAR 1,215 million, up 5% compared to 2016
Operating expenses were QAR 335 million, 2% lower than the previous year
The Capital Adequacy ratio at year-end stood at a healthy 16.7 %
Doha, January 24, 2018: Al Khalij Commercial Bank (al ......read more
Dubai, UAE, January 23, 2018: CBRE Group, Inc. (NYSE:CBG) today announced that Fortune magazine has named the company a World’s Most Admired Company in the real estate industry for the sixth consecutive year.
Fortune rates companies on nine attributes related to corporate performance. In 2018, CBRE was ranked second overall in the real estate sector (behind only Host Hotels ......read more
Doha, Qatar - December 7, 2017 – With the aim of supporting Qatari entrepreneurs and nurturing their creative and innovate ideas toward achieving a diversified economic development in the State, Qatar Development Bank (QDB) has launched the sixth edition of its National Business Competition “Al Fikra” at a press conference held yesterday at its headquarters, in the ......read more
Doha, November 15, 2017: In the framework of its social responsibility plan, Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, recently organized an informative session titled “Risk Management Best practices” to students of Banking and Finance at Qatar University.
The session was hosted by Mr. Oliver Schwarzhaupt, al khaliji’s ......read more
Doha, Qatar - 12 November 2017: Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, has provided support to the Qatar Orphan Foundation “Dreama”. This comes within the framework of the Bank's social responsibility program, and to serve common humanitarian issues, in support of Dreama’s efforts. The support was delivered by Mr. Hamad Al ......read more
Net Operating Income reached QAR 932 million, up 7% compared to the same period in 2016
Operating expenses were QAR 255 million, 5% lower than the same period in 2016
Net profit of QAR 454 million, an increase of 7% compared to the same period last year
Customer Deposits grew by 8% year on year to QAR 32.2 billion
Doha, October 24, 2017: Al Khalij Commercial ......read more
Doha, Qatar – 15th October 2017: Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the October draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.
As the draw results showed, Sheikh Ahmad Nooh Al-Thani and Ms. Seham Balawni each won a cash prize of QR ......read more
Doha, Qatar – 13 September 2017: Barwa Bank, Qatar's the most recent Shari’ah compliant banking 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, Mr. Hassan Ahmed A M AL-Mutawa, Mr. Nasser Mohd N AL-Tamimi, Mr. ......read more
DOHA, Qatar – 12 September 2017: In light of its ongoing successes, Qatar Finance and Business Academy (QFBA), in cooperation with the Qatar Financial Centre (QFC) Authority
and the country’s banking sector, is launching the new academic term of its Kawader program for the fifth consecutive year, which kicked off on September 10 and will conclude on December 14, ......read more
LONDON (S&P Global Ratings) Aug. 9, 2017: In a Credit FAQ titled "Potential Implications Of Qatar Boycott For Gulf Cooperation Council Sovereigns," published today, S&P Global Ratings responds to questions that have surfaced in recent discussions with issuers and investors about the implications of the Qatar boycott by a group of states for the Gulf Cooperation Council ......read more
8 August 2017 – Qatar, Doha - The First Investor (“TFI”), a subsidiary of Barwa Bank Group and the leading Qatari closed shareholding investment banking firm, recently announced the completion of the acquisition of a prime Stuttgart office property via its TFI Europe Income Fund (“The Fund”).
Located in Stuttgart and leased to one of the leading German ......read more
Doha, August 05, 2017: Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, is offering qualified employees the chance to spend an unforgettable summer and enjoy a worry-free shopping season with the launch of its new Personal Loan for Qataris, as part of the Bank’s Summer Campaign.
The new offer, valid until 30 September 2017, provides registered ......read more
In a short span of one year
May 30, 2017 – Doha, Qatar: In light of its exceptional growth and outstanding performance throughout the past year, Seib Insurance and Reinsurance Company LLC (Seib) S&P Rating has revised its outlook of Seib to positive from stable and affirmed its BBB counterparty credit and insurer financial strength ratings and is also affirming its gcAA Gulf ......read more
Dubai, May 23, 2017: Doha Bank won the “Best Bank Governance – Qatar 2017” at Capital Finance International (CFI) co Awards 2017 in Second week of May 2017 at London. In recognition of the award, Dr. R. Seetharaman Doha Bank CEO said “The Best Bank Governance award is a recognition for Doha Bank Board for its active involvement in promoting excellence in ......read more
Doha, Qatar – 22 May 2017: Barwa bank, Qatar's most progressive Shari’ah compliant service provider, has received the award of ‘Leading Bank in Islamic Services and Products in Qatar’ at the ‘The Arab Banks Awards & Commendations of Excellence 2017’, which was organized by the World Union for Arab Bankers (WUAB) on May 12th in Beirut.
The ......read more
Dubai, May 14, 2017: Doha Bank has been named the 'Best Regional Commercial Bank' for the fifth time in a row at the Banker Middle East Industry Awards 2017. The awards were presented in Dubai on 11th May 2017 at Emirates Tower Hotel, Dubai.
Dr R Seetharaman, Group CEO of Doha Bank, received the award on behalf of Doha Bank and said “To be recognised as the foremost ......read more
Dubai, May 10, 2017: Qatar Exchange and HSBC organized the Annual Investment Forum 2017 on 8-9 May 2017 at New York Palace Hotel. Mr. Rashid Ali Al-Mansoori, Qatar Exchange CEO said, “Qatar exchange aims to provide more products this year to encourage investments from global investors. The Exchange traded fund (ETF) is part of this initiative of Qatar Exchange. This would ......read more
Biggest-ever contract for Siemens in Qatar
Contract for 35 substations received from KAHRAMAA
Project supports country’s ambitions for a reliable power transmission network
Dubai, UAE, May 8, 2017: State-owned utility Qatar General Water & Electricity Corporation (KAHRAMAA) has awarded Siemens the largest contract to-date in Qatar for the expansion ......read more