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Barwa Bank announces the 4th draw winners of Salary Transfer campaign

Doha, Qatar, July 18, 2018:   Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the names of the fourth draw winners of Salary Transfer promotional campaign, at the Bank’s headquarters.  The draw was held on July 5th, 2018 and five winners took home a QAR 20,000 cash price each: Nasr Merghani Mohamed, Mohamed Hedi Karmous, Juma Hamed Alsaadi, Khalifa Hamad AL- Subaey and Ahmed Isam Ahmed. 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 opening new salary accounts ......read more

QDB organizes a workshop on national strategy for business incubators and business accelerators with the participation of 23 government and semi-governmental entities

As part of supporting small and medium enterprises Doha, Qatar, 17, July 2018:  Qatar Development Bank (QDB) organized a workshop on national strategy for business incubators and business accelerators, which was attended by representatives from concerned authorities responsible for entrepreneurship and development of small and medium enterprises in Qatar. During the workshop, the main challenges facing Qatari entrepreneurs were discussed, furthermore, appropriate solutions were developed and opportunities to support emerging projects by establishing a foothold in local, regional and global markets were explored. This strategy is the first of its kind in Qatar and in the Arab countries. It aims at nurturing business startup companies which help develop the business sector and young established companies who have ......read more

Barwa Bank awarded for its “Excellence in Diversified Islamic Services and Products in Qatar”

By the World Union for Arab Bankers Doha, Qatar – 12, July 2018 –   Barwa bank, Qatar's most progressive Shari’ah compliant service provider, has been awarded for its ‘Excellence in Diversified Islamic Services and Products in Qatar’ at ‘The Arab Banks Awards & Commendations of Excellence 2018’, which was recently organized by the World Union for Arab Bankers (WUAB) in Beirut, a grand ceremony attended by an elite group of regional financial and banking leaders, industry experts and VIP guests. Commenting on winning, Barwa Bank stated:  “Being recognized by an important regional institution, such as the World Union of Arab Bankers, proves Barwa Bank’s commitment to providing a diverse range of the latest Sharia’h-compliant products within the best ......read more

QNB Group: Financial Results for the Six Months Ended 30 June 2018

Doha, Qatar, 11 July 2018, (AETOSWire): QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the six months period ended 30 June 2018.  For the first half of 2018, Net Profit reached QAR7.1 billion (USD1.9 billion), up by 7% compared to last year. Total assets increased by 10% from June 2017 to reach QAR846 billion (USD232 billion), the highest ever achieved by the Group. The key driver of total assets growth was from loans and advances which grew by 9% to reach QAR604 billion (USD166 billion). This was mainly funded by customer deposits which increased by 9% to reach QAR614 billion (USD169 billion) from June 2017. This helped to maintain QNB Group’s loans to deposits ratio at 98.4% as at 30 June 2018.  The Group’s drive for operational ......read more

al khaliji wins the ‘Best Commercial Bank in Qatar' award at the Arab Banks Awards 2018

Doha, Qatar – July 9, 2018 :   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, has been named as the ‘The Best Commercial Bank in Qatar’ at the 2018 Arab Banks Awards & Commendations of Excellence, organized by the World Union of Arab Bankers (WUAB) and hosted by The Banking Executive magazine.  Al khaliji’s win – which took place during a Gala Dinner ceremony recently held in Beirut in the presence of a host of elite Bankers and International figures – is a recognition of the highest standards of innovation, performance and exceptional service quality of al khaliji. WUAB is a prominent non-profit Arab Forum that serves as an ideal platform for communication, networking, and information sharing, gathering under its umbrella today the ......read more

SMEs set for growing role as Qatar looks towards private sector diversification

Qatar, July 08, 2018:  Small and medium-sized enterprises (SMEs) could be set for a much more prominent role in Qatar, with the government stepping up efforts to collaborate with local companies as part of broader diversification plans.  Local SMEs were presented with a series of potential business opportunities at the third annual Government Procurement and Contracting Conference & Exhibition (Moushtarayat), held in Doha from April 23-25. Coordinated by the Public Works Authority, Ministry of Finance and Qatar Development Bank (QDB), the event brought together small companies, large firms and government agencies, allowing the public and private sectors to interact while also providing a platform for state entities to showcase projects open for tender or direct assignment.  Moushtarayat 2018 saw more than 2000 ......read more

Qatar Moving to Promote Private Sector Development and Economic Diversification

Private-sector growth and the development of new sectors will be the focus of Oxford Business Group’s upcoming publication, ‘The Report: Qatar 2019’. Doha, June 11, 2018:   Private-sector growth and new government initiatives to support long-term economic diversification and sustainability will be the focus of the global research, publishing and consultancy firm Oxford Business Group’s upcoming economic report on the country, ‘The Report: Qatar 2019’.  New developments in Qatar’s economy, including measures to support non-hydrocarbon growth and priority industries including agriculture, manufacturing and defence, will be explored in OBG’s economic analysis. ‘The Report: Qatar 2019’ will provide in-depth coverage of the country’s diversification ......read more

Barwa Bank announces the 3rd draw winners of Salary Transfer campaign

Doha, Qatar – June 09, 2018:   Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the names of the third draw winners of Salary Transfer promotional campaign, at the Bank’s headquarters. The draw was held on June 5th, 2018 and five winners took home a QAR 20,000 cash price each: Mohammed Abdullah Hashem, Mohammed Abdulaziz Farooq, Jaber Rashid AL-Sennari, Dolsicima Ucag Biason and Krishna Chandran Nair. 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 opening new salary ......read more

Qatar Development Bank supports Qatari SMEs projects at the 2018 National Plastic Exhibition

Doha, 5 June 2018:   Qatar Development Bank (QDB), through its export development agency 'Tasdeer', participated in NPE2018, the world’s largest and most prominent plastics trade show and conference in the Western Hemisphere. NPE2018 took place from May 7th till May 11th in Orlando Florida, USA, and saw participation from 11 Qatari companies in the plastic industry as part of Qatar Development Bank’s special pavilion. The Bank’s participation in this international conference stems from the their mission to strengthen and diversify Qatar’s private sector with a focus on developing SMEs’ competitive edge and export services in global markets. The Qatari participants under the Bank’s special pavilion included: Bu Matar Germany Factory for Plastic Products, Doha Plastic, Qatar ......read more

Barwa Bank launches its Corporate ATM

In line with its continuous endeavor to enhance corporate customers experience and efficiency  Doha – Qatar –June 4, 2018:  In line with its continuous efforts to provide innovative services to its corporate customers in Qatar, Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, has launched its Corporate ATM at its main branch.  Barwa Bank's new Corporate ATM service, offering its corporate customers additional features that allow organizations to enhance the efficiency of their day-to-day business flow in the safest and most secure way possible, comes in line with the bank’s commitment to constantly enhance its customers banking experience. On this occasion, Barwa Bank said in a statement:   “In line with our commitment to providing ......read more

Barwa Bank announces the winners of its VISA Credit Cards FIFA World Cup offer 2018

Doha, Qatar – May 30, 2018:  Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, has announced the names of two customers who have won a trip to the 2018 FIFA World Cup in Russia.  Barwa Bank joined hands with Visa, the worldwide partner of the 2018 FIFA World Cup Russia™, for the promotional offer that was offered to both existing and new Barwa Bank Visa card holders. For every QAR 100 spent using Barwa Bank Gold and Platinum VISA cards, customers stood a chance to win two tickets to the CAT 1 match of the long-awaited football tournament scheduled to take place from 14th June 2018 to 15th July 2018. The winners, Ismaeel Ayodele Balogun and Mohamed Khiar Haimuor have been granted two tickets each along with a fully paid package to fly to Russia and attend the ......read more

QDB in Collaboration with Bedaya Center and Qatar Business Incubation Center Launches the "Ramadan Bazaar Markets 2018" in its 3rd Edition

Doha, 27 May 2018:  As part of its continuous support for home-based businesses, Qatar Development Bank (QDB) has launched the 3rd edition of “Ramadan Bazaar Markets 2018” in cooperation with Bedaya Center and Qatar Business Incubation Center (QBIC), during a ribbon cutting ceremony held on Saturday 26 May at The Gate Mall, in the framework of the bank’s Home-based Business National Program (HBBNP) for developing Home-based businesses which was launched in 2015 to support this sector, and in return these business will contribute effectively to the local economy. The “Ramadan Baazar Markets” was inaugurated by Mr. Ibrahim Al Mannai, Executive Director of Advisory Services and Incubations at Qatar Development Bank, Mr. Abdulsalam Abu Issa, CEO of Salam International, and Mrs. Aysha Al Mudahka, QBIC ......read more

QDB through its export development agency ‘Tasdeer' participated in FHA Singapore 2018

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

Barwa Bank launches Mastercard Weekend Offer

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

QFBA, in collaboration with CFA Society Qatar, hosted a free CFA Information Session

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

Barwa Bank announces impactful campaigns during the holy month of Ramadan to enhance customer loyalty

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

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

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

Barwa Bank announces the 2nd draw winners of Salary Transfer campaign

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

QFBA joins forces with Barwa Bank for “National Leadership Development' program

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

First Finance Company receives ISO 9001:2015 certification

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

Qatar Development Bank Launches “QDB Investment Forum”

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

QDB Awards Best Entrepreneurial Ideas at Al-Fikra National Business Competition 2018 Final Ceremony

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

Barwa Bank Group Discloses its Financial Statement for the First Quarter of 2018

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

Al Khaliji in association with HEC Paris hosts Masterclass for its Valued Customers

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

al khaliji hosts their 6th Annual clay shooting competition in Doha

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

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Qatar Development Bank to launch the “QDB Investment Forum”…

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 ......read more

Al Khaliji Reports a 5.3% Growth in Net Profit for Q1 2018…

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 ......read more

QDB Launches the SME Tool Kit to give extra support to Local Entrepreneurs…

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, ......read more

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

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 ......read more

QNB Group Financial Results For The Three Months Ended 31 March 2018…

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 ......read more

Barwa Bank's Agm Approves 14% Cash Dividend for Shareholders…

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 ......read more

Al Meera Consumer Goods Company (Q.S.C) holds its Annual Ordinary General Assembly Meeting for the ...…

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, ......read more

QDB renews Al Dhameen program portfolio agreement with QIIB…

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, ......read more

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

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 ......read more

QDB successfully conducts ‘Business modeling' course…

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 ......read more

Shareholders approve raising QIC Group's capital to QAR 3.2 billion at AGM…

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 ......read more

QIC Group to increase capital from QAR 2.7 billion to QAR 3.2 billion…

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 ......read more

QFBA join forces with MUFG to develop Qatari talent…

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

Barwa Bank claims two sought-after titles at the European Magazine Global Banking & Finance Awards ...…

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

Al Khaliji CFO attends focus group meet to review Business Studies - Accounting program at CNA-Q…

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

Inaugural OBG Business Barometer: Qatar Ceo Survey Published…

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

al khaliji gives recognition to long-serving and outstanding employees during its annual staff ...…

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

Carnegie Mellon and Qatar Development Bank collaborate to meet real business needs of Qatar…

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

QDB organizes Product Certification Workshop to educate Qatari exporters on the requirements and ...…

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

Al Khaliji Reports a Strong Increase of 29% in Net Profit for 2017…

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

CBRE Group, Inc. Named a World's Most Admired Company by Fortune Magazine for Sixth Consecutive Year…

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

Qatar Development Bank launches the 6th edition of Al Fikra National Business Competition…

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

al khaliji organizes session titled “Risk Management Best practices” for Qatar University students…

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

The Qatar Orphan Foundation “Dreama” receives support from al khaliji Bank…

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

Al Khaliji Reports a Net Profit of QAR 454 Million for Q3, 2017…

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

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