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Featured in Banking and Investments
Qatar Finance and Business Academy successfully completes “Coffee with CEOs” series

Aimed to inspire youngsters DOHA, Qatar – 15 November 2018 -   Qatar Finance and Business Academy (QFBA), as part of its corporate connect endeavor, takes pleasure in announcing that it has successfully completed “Coffee with CEOs” series, for the 2018 Cohort of its quality qatarization program, Kawader.  The event series was intended to engage leadership figures in the financial services sector in Qatar with young motivated Qataris who are currently working in the financial sector or aiming to do so in a casual setting where the CEOs share professional insights and industry wisdom. The Kawader program was kicked off on September 2 and will be continued till November end. Through this series, the undeterred efforts of QFBA paid off well towards shaping the future of new age finance ......read more

QDB honors top 50 SMEs at the SME Excellence List 2018

Doha, Qatar, November 15, 2018:  In its strides to continuously keep motivating the efforts made by SMEs in the growth of the national economy, Qatar Development Bank (QDB), in collaboration with Qatar Chamber and Qatar Exchange, honored top 50 SMEs at a glittering ceremony held at St. Regis hotel on November 14, 2018.  During the second edition of the SME Excellence List 2018, the awards were presented to these deserving SMEs under the patronage of H.E Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani, in the presence of H.E. Sheikh Abdullah bin Saud al-Thani, Governor of Qatar Central Bank (QCB) and Chairman of Qatar Development Bank (QDB); Mr. Saleh bin Hamad Al Sharqi, Qatar Chamber Director-General; and Mr. Rashid Bin Ali Al Mansoori, CEO of Qatar Stock Exchange, along with other ......read more

MEEZA joins Qatar Central Bank to host the 5th Information Security Conference for the Financial Sector

Doha, November 15, 2018 –   MEEZA, Qatar’s prominent end-to-end Managed IT Services & Solutions Provider, will be one of the essential sponsors for the Qatar Central Bank annual event– 5thConference of Information Security in the Financial Sector. The event will be held on November 18-19, 2018 at the Sheraton Grand Doha Resort & Convention Hotel, under the patronage of HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani. MEEZA CEO, Eng, Ahmad Mohamed AL Kuwari will be delivering a key presentation on Cyber Security Threats to industry stakeholders. The conference threw light on information security, the challenges it faces and infrastructure improvements. Stability of our financial system is the fundamental pillar that Qatar Central Bank and other ......read more

QIC Group renews membership with The Abdulla Bin Hamad Al-Attiyah (ABHA) International Foundation

Doha, 13 November, 2018:  Qatar Insurance Group (QIC), Qatar’s flagship insurer, and the leading insurer in the MENA region, has renewed its annual membership with The Abdulla Bin Hamad Al-Attiyah International Foundation for Energy & Sustainable Development (Al-Attiyah Foundation), the only independent think tank focused on Energy and Sustainable Development in Qatar. The signing ceremony, which took place at the QIC Headquarters in Doha, was attended by Mr. Ali Saleh Al Fadala, Senior Deputy Group President & CEO of QIC Group, Mr. Abdulla Al Mulla, Group Chief Administrative Officer of QIC Group, Mr. Hamad Rashid Al-Mohannadi, Member of the Board of Trustees, Al-Attiyah Foundation, and Mr. Reda I Ali, Managing Director, Al-Attiyah Foundation. Senior Deputy Group President & CEO of QIC Group, Mr. Ali ......read more

QDB makes major announcements during the ongoing Qatar Entrepreneurship Conference “ROWOD Qatar 2018”

Doha, Qatar, 13 November 2018:   The ongoing Qatar Entrepreneurship Conference “ROWOD Qatar 2018”, which is taking place during the Global Entrepreneurship Week, is witnessing greater traction from Qatari companies with an aim to expand their horizons and offer sustainable growth paradigms to Qatari youths and SMEs. In this regard, Qatar Development Bank organized today two press conferences held at Doha Exhibition and Convention Center (DECC), announcing the launch of SME definition in collaboration with the Ministry of Commerce and Industry as well as became the frontrunner in launching the first ever SportsTech accelerator for the MEA region. Both initiatives will mark a new era of growth for Qatari companies and will tremendously aid in achieving Qatar National Vision 2030. The SportsTech Accelerator ......read more

QDB kicks off Qatar Entrepreneurship Conference “ROWOD Qatar 2018”

As part of its continuous support to empower talented Qatari Youth, and under the patronage of His Excellency the Prime Minister and Minister of the Interior HE Ali Bin Ahmed Al-Kuwari, Minister of Commerce and Industry inaugurates Qatar Entrepreneurship Conference “ROWOD Qatar 2018” Abdulaziz bin Nasser Al Khalifa: We will continue supporting entrepreneurship to secure a significant international role for Qatar in this field IMB invests more than QR 100 million in Qatar in an innovative technology that will be used for the first time in the Middle East and North Africa Signing ceremony to launch Qatar SportsTech accelerator Doha, 12 November 2018 -   Qatar Development Bank (QDB), in keeping up with its strides to offer growth paradigms to new age entrepreneurs, launched today the Qatar ......read more

Lysys group of companies continues to demonstrate strong commitment to the Qatari market with its participation at Milipol Qatar

Qatar, November 08, 2018:  Lysys group of companies continues to demonstrate strong commitment to the Qatari market with its participation at Milipol Qatar, the international event for homeland security and civil defense in the Middle East.  During Milipol Qatar, Lysys Group was represented by Lysys Qatar WLL and Encode.   Lysys Qatar (www.lysys.com) is a technology company with expertise and a successful track record in systems integration for security and ICT systems for critical infrastructure as well as industrial automation, professional and enterprise communication systems.  Lysys is operating in Qatar since 2011. It maintains in Doha a large team of experts, system integration engineers, software developers and an experienced program management team. Throughout its operation, Lysys has managed to establish ......read more

Executives Across Region Cautiously Optimistic Despite Rollercoaster Year

OBG Business Barometer: Gulf highlights growing role of private sector  Dubai, November 06 2018:   Executives interviewed for the 2018 edition of the Business Barometer: Gulf CEO Survey carried out by Oxford Business Group (OBG) were largely upbeat in their outlook for the coming 12 months, buoyed by higher and more stable oil prices, although regional political volatility remained a cause of concern for many. As part of its survey on the economy, the global research and consultancy firm asked almost 900 C-suite executives from across the Gulf’s industries a wide-ranging series of questions on a face-to-face basis aimed at gauging business sentiment.  The survey was launched on November 6, 2018, at Nasdaq Dubai, with the results now available to view in full on OBG’s Editors’ Blog at: ......read more

QIC Insured, official insurer of Qatar Motor Show gathered huge response

Doha, Qatar, November 05, 2018:  QIC Insured, the personal insurance division of QIC and the official insurer of the Qatar Motor Show (QMS) attracted more than 10,000 visitors during the event. Held under the theme “Driving to Innovation”, the motor show also served as the launchpad for the all new QIC Orange – a scheme offering a no frills, low cost comprehensive car insurance in Qatar.  Audiences of every age group gathered to meet, greet and take selfies with QIC Insured’s lucky mascot “Eddie the camel”, which was one of the highlights of the QMS. In addition, approximately 3,000 QIC Orange branded stress balls were handed out to the visitors during the show. Available exclusively through the online portal, qic-insured.com, the newly designed QIC Orange scheme offers customers low ......read more

Qatar is in full charge to spearhead Sports Tech. Entrepreneurship scene regionally

Doha, Qatar, November 05, 2018:   As part of its leading role in supporting startups, entrepreneurs and innovators in various sectors, Qatar Development Bank (QDB) announces the launch of the first SportsTech accelerator in MEA region powered by Startup Bootcamp the global player in accelerating Tech. Startups, with the goal to become the leading and central point in the region for sports innovation.  The initiative aims to attract the worlds’ most promising Sports technology startups, to further boost the sports industry and contribute towards the accelerated growth shaping up in the Qatar sports business. The accelerator is now open to startups globally, and the first program will commence in February 2019. Startups can start applying on www.qatarsportstech.com, till December 2018. QDB has always been a ......read more

QIC Group conducts Pink Month campaign

Doha, Qatar, October 31, 2018:  Qatar Insurance Group, the region’s leading insurer recently conducted a Breast Cancer Awareness forum to increase medical awareness of breast cancer and highlight the importance of its early detection amongst its female workforce.  Themed as The Pink Month campaign, the month long campaign kicked off with distribution of a pink awareness ribbon coupled with awareness presentation by the medical team to educate female staff about the risk factors, FAQs, its prevention and early screening methods that can save lives. Qatar Insurance Group is very proud to support such awareness initiatives for the well-being of the community. It demonstrates our Human Resources department’s ongoing commitment to raise awareness for the wellbeing of our community, and shows our support for ......read more

Massoun & Commercial Bank host an interactive workshop

Massoun & Commercial Bank host an interactive workshop to strengthen Insurance Partnership Doha, Qatar, 30 October 2018:  Massoun Insurance Services LLC. – a Joint Venture between Qatar Insurance Company (QIC) and its bancassurance partner Commercial Bank – recently hosted an interactive workshop with the Bank’s Wholesale Banking team. The session shed light on the achievements of Massoun over the years and detailed its future plans with Commercial Bank to further enhance its suite of insurance products and improve the client experience for its corporate customers.   Held at the Commercial Bank Plaza building, the workshop served as an excellent platform for exchanging views and enhancing teamwork.  Addressing the audience, Ms. Ruba Hasan, General Manager of Massoun, said: “We ......read more

QIC Group reports net profit growth of 54% to QAR 474 million for first nine months of 2018

The Group’s net underwriting result increased to QAR 378 million, compared with a to a loss of QAR 103 million for the same period last year QIC Group is constantly expanding its low severity high frequency business which now constitutes a significant portion of the total portfolio. Doha, Qatar, October 24, 2018:  Qatar Insurance Group, the leading insurer in Qatar and the Middle East North African (MENA) region yesterday announced its financial results for the first nine months ended September 30, 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 of the Board of Directors, the Board approved the financial results.   The MENA markets continued to produce stable premiums with underwriting ......read more

Al Khaliji Reports Q3, 2018 Net Profit of Qar 469 Million – 3.5% Growth Year on Year

Net profit of QAR 469 million, an increase of 3.5% year on year Net Fee and Commission Income of QAR 154 million, an increase of 2% year on year Operating expenses were QAR 247 million, an improvement of 3.4% to Q3, 2017 Impairments decrease by 28% year on year Liquidity remains strong resulting in an improved Loan to Deposit Ratio Doha, Oct 23, 2018:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., announced its financial results for the third quarter of 2018, reporting a Net Profit of QAR 469 million. This improved net profit was a result of effectively managing margins, controlling costs and a reduction in impairments.   His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Chairman and Managing Director stated:   “al khaliji has delivered consistent growth in profitability, ......read more

al khaliji holds awareness session to mark Breast Cancer Awareness Month

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

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

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

OQIC subsidiary of QIC Group announces opening of new Corporate Office

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

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

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

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

In order to facilitate the submission process and transforming it into an integrated electronic system… 30 days for submission and will be treated equally regardless of the date of submission Doha- 10 October, 2018 –  Qatar Development Bank (QDB), in its continued quest to support the growth and competitiveness of the business sector in the state, announced the registration for Al Furjan markets phase I raffle draw to award retail space, starting October 21, 2018. The registration process will last for 30 days, and the bank is inviting all Qatari citizens to apply through Al Furjan mobile application to supervise the governance of the raffle process and to ensure total compliance and transparency.  The path breaking plan was announced yesterday, on Tuesday October 9, during a press conference, held ......read more

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

Doha, Qatar, October 09, 2018:  Qatar Insurance Group, the leading insurer in the MENA region has launched an in-house development programme, namely, the QIC Learning Academy. The first session “Phase One”, which was conducted recently at QIC Headquarters in West Bay was highly successful and was very well received by the attendees of the session.  QIC Group consistently advocates the development of human capital to build a strong knowledge based economy through support from its Senior Management. In view of this, QIC Group continues to attract, motivate, develop and retain Qatari talent. Pursuant to its consistent efforts at aligning with this goal, QIC Group has not only attracted, but has also groomed young and ambitious Qatari nationals to assume leadership and senior specialist positions within the Group. ......read more

QDB's Tasdeer offers global paradigms to Qatari SMEs

Export Development and Promotion Department ‘TASDEER’ achievements report of Q3 2018 Participating in global events Hosting trade missions Doha, Qatar, October 3, 2018:   In continuation to its vision of expanding scope of Qatari companies across the globe, Qatar Development Bank’s Export Development and Promotion Department ‘TASDEER’, hosted in recent months several trade missions as well as participated in a number of exhibitions in lucrative parts of the globe. Through its activities, TASDEER aims to promote exports from Qatar and enhance the expanse of Qatari SMEs at global platforms.    Global events   With an aim to support Qatar National Vision 2030 and enhance the growth potential of Qatari SMEs, Qatar Development Bank (QDB) took part in Columbia ......read more

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

Marking the culmination of 5 previous draws leading to the win of 25 customers Doha, Qatar, 2 October, 2018:   Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the grand prize winner of Salary Transfer promotional campaign, at the Bank’s headquarters. The final draw was held under the supervision of a representative of the qualitative license and market control department at the Ministry of Economy and Commerce. The winner was Mr. Mohammad Raja Aljaowni who drove home a brand-new Lexus LX 570; a grand win that marked the culmination of 5 previous draws that were held during the campaign’s period and led to the win of 25 customers - 5 customers per draw - with cash prizes of QR 20,000 each. Barwa Bank’s Salary Transfer promotional campaign, ......read more

QIC Board of Directors approve establishment of Limited Liability Company

Doha, Qatar, 26 September, 2018:  The Official Spokesperson of Qatar Insurance Group Mr. Abdulla Al Mulla announced that the Board of Directors of Qatar Insurance Company during their meeting yesterday have approved the establishment of a Limited Liability Company (LLC) in accordance with the rules set out by the Qatar Financial Centre (QFC).   The new company will be established with an initial capital of QAR 1,800,000 (One million eight hundred thousand Qatari Riyals). The new company will be named Epicure Investment Management or any other name that is approved by the Qatar Financial Markets Authority (QFMA). The new company will carry out investment business consultation.  

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

Doha, September 19, 2018 :  Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in recognition of its relentless efforts over years to adapt to market challenges while introducing new products and services, has won the ‘Best Bank in Productivity’ Award at the New Age Banking Awards 2018. The award to al khaliji Commercial was presented in ceremony held at InterContinental Doha – The City West Bay on September 18, 2018. The New Age Banking Awards 2018 was supported by Qatar Central Bank (QCB) and Qatar Financial Centre Regulatory Authority (QFCRA).  On receiving the award, Ms. Rana Al Asaad, Head of Personal Banking al khaliji Bank, said: “We are honored to receive this prestigious award. It has always been our endeavor to reach that extra mile in satisfying our ......read more

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

Doha, Sept 19, 2018:  Oman Qatar Insurance Company (OQIC), a subsidiary of Qatar Insurance Group and a premier insurer in Oman has been awarded the best performing company in Small Cap (below OMR 25 million) category in Oman. The prestigious award was announced by Alam al-Iktisaad Wal A’mal (AIWA) Award 2017, which is published by United Media Services, the leading Arabic business magazine in the Sultanate of Oman.   The criteria for the nomination of the award were based on various parameters such as business growth, performance, profits etc. for the year 2017. The ranking for the award was performed by Gulf Baader Capital Markets and the results of the listed companies (on Muscat Securities Market - MSM) were validated by KPMG.  Established in 2004, Oman Qatar Insurance Company (OQIC) currently has ten ......read more

Other Top Stories from Banking and Investments
 
Barwa Bank announces the September draw winners of its Thara'a savings account prize…

Doha, Qatar,  September 16, 2018:   Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the most recent round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.  As the draw results showed, Wasmiya Dalhem Al-Kuwari and Madhuri Jalan each ......read more

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

Doha, Qatar, September 16, 2018:   First Finance Company (FFC), a subsidiary of Barwa Bank Group, is pleased to announce the opening of its new branch located at “Mawater City”, Area 1, opposite Aqua Park, Building number 5, the objective of this branch is to facilitate car purchases and easy access of finance for individuals. Aimed to be a one-stop-shop, this branch ......read more

QDB launch the second edition of Qatar Entrepreneurship Report…

Doha, Qatar, 10 September 2018:   In line with the State’s interest in developing the role of the private sector and its contribution to the Gross Domestic Product (GDP), particularly the Small and Medium-sized Enterprises (SME) sector, Qatar Development Bank (QDB) continues its efforts to develop this sector alongside other relevant entities. Among these efforts is understanding ......read more

Qatar Re ranked 27th amongst top 50 global reinsurers…

Doha, September 10, 2018:  Qatar Re, a global multi-line reinsurer and a reinsurance subsidiary of Qatar Insurance Group has been ranked 27th amongst top fifty global reinsurers by international credit rating agency, A.M. Best. The new assigned ranking affirms Qatar Re’s very strong capital base and well diversified portfolio, which is coupled with global business diversification, ......read more

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

Doha, September 4, 2018:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in recognition of its relentless support to local entrepreneurs and Small and Medium Enterprises (SMEs) in the country, for the second consecutive time won “Al Dhameen Best Customer Satisfaction  Award” for 2018 by Qatar Development Bank ......read more

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

Doha, Qatar, 4 September 2018:   Qatar Development Bank (QDB) takes pride in announcing the “Best Partner Bank Award” for supporting small and medium-sized enterprises (SMEs) through Al Dhameen Program. These awards recognize the contributions of participating banks that have supported the development organization’s Al Dhameen indirect loan facility program. This ......read more

QFBA launches the 6th Cohort of Kawader…

DOHA, Qatar, 04 September 2018:   Following the overwhelming success of its previous Kawader runs and the graduation of the fifth cohort of ‘Kawader’ participants earlier this year, Qatar Finance and Business Academy (QFBA) in association with the Qatar Financial Center (QFC) Authority, launched the new cohort for its Kawader program which kicked off on September ......read more

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

Qatar, August 28, 2018:  Barwa Bank and International Bank of Qatar (ibq) have announced that they have signed a final agreement regarding the merger of the two banks to create a leading Sharia compliant financial institution with a solid financial position and robust liquidity to support Qatar’s economic growth and finance development initiatives in line with Qatar National Vision ......read more

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

Doha, Qatar, August 13, 2018:   Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the most recent round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.  As the draw results showed, Khaola Saad Al-Tairey and Bashaer Ameer Al-Mulla each won a ......read more

Barwa Bank declares the winners of Mastercard Weekend Offer…

Doha, Qatar, August 8, 2018:   Barwa Bank, Qatar’s most progressive Shari’ah compliant financial service provider, announced the final list of Mastercard Weekend offer winners, at the Bank’s headquarters. The winners were chosen based on the highest number of transactions during the weekends. The winners announced by Barwa Bank are: Mohamed Shawara, Mir Afroze Ali, ......read more

QIC Group reaffirms its commitment to CSR through partnership with Dreama…

Doha, Qatar, 07 August, 2018:  As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance Group, the leading insurer in Qatar and the MENA region have collaborated with Dreama to provide sponsorship for quality housing refurbishment for orphans.  QIC Group has long focused on engaging in multiple CSR collaborations ......read more

Burgan Bank's New In-house Learning & Development Center alongside Agreement with “Knowledge Club ...…

Qatar, July 31, 2018:  Burgan Bank, one of the leading banks in talent and career development, announced its one-year sponsorship of leading knowledge transfer platform - Knowledge Club’s Season 2 workshops and seminars as part of its ongoing strategy to enhance its human capital capabilities through world-class training, strategic partnerships and supportive ......read more

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

QIC reports 91% of the full year 2017 profits in H1 2018  Improved underwriting performance reflects portfolio shift to lower volatility business Doha, 25 July 2018 -   Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, announced its financial results approved by the board for the first half of 2018.  In H1 2018 ......read more

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

Doha, Qatar – July 22, 2018 –   Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, has announced Mr. Abdulrahman Saad Al-Kuwari as the winner of its QAR 1 million Thara’a grand prize. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of ......read more

Al Khaliji Reports H1, 2018 Net Profit of Qar 335 Million - 5% Growth Year on Year…

Net profit of QAR 335 million, an increase of 5% year on year Increased Operating Income to QAR 617 million Operating expenses were QAR 166 million, 3% lower compared to H1, 2017 Deposit growth of 3% to QAR 33 billion Doha, July 19, 2018:   Al Khalij Commercial Bank (al khaliji) P.Q.S.C., announced its financial results for the first six months of 2018, reporting a Net ......read more

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, ......read more

QDB organizes a workshop on national strategy for business incubators and business accelerators ...…

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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......read more

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