QatarPRNetwork.com, Online Press Release from Qatar and Doha City
 
(Business and Economy)
Filter PR by
  
 
Dukhan Bank Successfully Listed on Qatar Stock Exchange

DOHA, QATAR – FEBRUARY 2023: Dukhan Bank, the third largest Islamic bank in Qatar and the fastest growing bank in the country, successfully listed its shares on Qatar Stock Exchange's (QSE) main market today, February 21, 2023, in the presence of a number of high-level guests, Dukhan Bank top management, regulatory and supervisory authorities, investors and interested parties. This brings the number of listed companies in the QSE to fifty (50) Qatari public shareholding companies. The bell rang at 9:30 am today, marking the start of Dukhan Bank shares trading on the Qatar Stock Exchange.

Dukhan Bank’s shares were listed in the banking sector category through the Direct Listing mechanism, a common mechanism in all regional markets, which allows companies to be listed without an IPO (Initial Public Offering). 


Commenting on the successful listing, Chairman and Managing Director of Dukhan Bank H.E. Sheikh Mohammed Bin Hamad Bin Jassim Al-Thani,  said: 
“We are thrilled to see Dukhan Bank’s shares successfully listed on Qatar Stock Exchange giving the investment community a promising investment choice in the banking sector category. We extend our sincere appreciation to all the regulatory and supervisory authorities for their cooperation with us in this strategic step in Dukhan Bank’s operational journey. Our unrelenting efforts to provide world-class Shari’ah-compliant services to our clients helped us today to boast a robust 150,000 customers base and assets worth over QAR 100 billion. Moreover, I would like to extend my gratitude to the bank’s employees who were able, in a record time, to transition from the merger to the listing process, despite the challenges of the past period, as they are armed with expertise and high capabilities to overcome all challenges.”


Mr. Ahmed Hashem, Dukhan Bank Acting Chief Executive Officer, said: 
Today, we are happy with the successes achieved by the Bank, and we extend our thanks to our shareholders for their great confidence in the Bank and its management. As we believe in the importance of investing in the future, Dukhan Bank adopts an ambitious vision, promotes digital transformation, and specialises in customer-centric services.


Dukhan Bank is licensed and regulated by the Qatar Central Bank. The Bank provides an award-winning and full range of Shari’ah-compliant banking services, including retail, corporate and commercial banking, business banking, private banking, real estate finance, structured finance, investments and asset management. 


Posted by : Qatar and Doha City PR Network Editorial Team
Viewed 1497 times
PR Category : Business and Economy
Posted on : Monday, August 21, 2023  12:00:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of QatarPRNetwork.com.
Previous Story : Al Alfia Holding Acquires Stake in Seib Insurance and Reinsu...
Next Story : QIC Group Reports Gross Written Premiums of QAR 9.8 Billion ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Most Viewed Press Release posted in the last 7 days
Extreme Lashes, Extreme Style: essence Goes Bold and Blue for the New Year [47923-Views]
Get Ready to Shine – Catrice Drops the Melt & Shine Juicy Lip Balms [45936-Views]
Scent-sational Gifting: Top 5 Ajmal Perfumes to Celebrate the Holidays [40573-Views]
Turkish Airlines Sets Guinness World Records™ title for the “Most Countries Flown to by an Airline” [37209-Views]
Benefit Cosmetics is revealing its New Brow product: Mighty Fine Brow Pen [34495-Views]
CASIO celebrates 50-year-long watchmaking heritage with exclusive anniversary collection [30311-Views]
Essence Unveils Kingdom of Essentia: A New Era of Immersive Experiences in the Roblox Metaverse [28202-Views]
Get the Look: Cynthia Erivo's Golden Globes Glam by Benefit Cosmetics [27674-Views]
TONDA PF XIALI CHINESE CALENDAR [25061-Views]
Benefit Cosmetics unveils its new mascara innovation: BADgal Bounce Mascara! [24580-Views]
Catrice's Hottest Bestsellers in MENA – Flawless, Vegan & Affordable Beauty [24174-Views]
LVMH WATCH WEEK 2025 [23747-Views]
SHOOTING ON WFP CONVOY IN GAZA [23451-Views]
Introducing the pinnacle of craftsmanship and innovation: MRG-B2000JS and MTG-B2000YST [23246-Views]
Mesmerizing Shows and Cash Prizes at Mercato During Dubai Shopping Festival [23029-Views]
Mercato Announces DSF Cash Prize Winners and Gets Ready for the Grand Prize Car Draw! [22866-Views]
Porsche achieves sustainable growth of four percent across the region in 2024 [22727-Views]
SalamAir Releases 4th Quarter (Q4) On-Time Performance Data [21787-Views]
Air Cargo Demand up 8.2% in November 2024 - 16th Month of Consecutive Growth [21029-Views]
Global Air Cargo Demand Achieves Record Growth in 2024 [20963-Views]
Back to Section Home

Related Stories



 
Top Sections