CB wins award for ‘The Best Customer Service Initiative’
Commercial Bank (CB), the most innovative digital bank in Qatar, has been recognised as the winner of the 2023 International Finance Banking award for ‘The Best Customer Service Initiative’ in Qatar. The bank sets the benchmark in delivering exceptional service initiatives that enhance customer experiences, focusing on digital service platforms and the Customer Contact […]
Qatar First Bank Holds its Extraordinary General Meeting
Qatar First Bank LLC (Public) (“QFB” or the “Bank”), held its Extraordinary General Meeting (EGM) on Monday, 01 August 2022 and approved all agenda items.The EGM, chaired by QFB’s Vice Chairman Mr. Mohammed Yousef Al Mana, was held virtually via Zoom. In attendance were members of QFB’s board of directors (the “Board”), shareholders, and the […]
The Business Year gears up to launch its eighth edition
Tribune News NetworkDohaThe Business Year (TBY), a global media group that has been providing investors, businesses, and governments with first-hand insights into the world’s most dynamic markets for over a decade, has been present in Qatar for eight consecutive years, alongside a prominent presence across the GCC since 2012. After a year-long period of research […]
Qatar First Bank AcquiresGateway Plaza Building in the US
The acquisition is the Bank’s eleventh Shari’a compliant real estate investment in the US, located in Richmond, Virginia and reaffirms its strategic direction to secure viable investments in the US Real Estate MarketQatar First Bank LLC (Public) (QFB) has acquired the Gateway Plaza building in Richmond, Virginia, USA. The new acquisition is a Class AA […]
QIIB launches personal finance via QIIB Mobile and internet banking
QIIB has launched a new offer for instant personal finance through its digital channels — QIIB Mobile and internet banking — with exceptional features including a competitive finance rate and a reward in Avios from Qatar Airways Privilege Club.By applying for this offer, which is valid until August 31 2022, QIIB Customers can obtain Instant […]
Over 25,000 local transactions worth QR230 mn executed in 24 hours: QCB
The Qatar Central Bank (QCB) announced on Saturday that more than 25,000 local transactions worth over QR230 million were executed within the first 24 hours of the start of the money transfer service outside official working hours. QCB had earlier directed all banks to start implementing local transfer requests throughout the week, including the weekend. […]
QIIB sponsors Phoenix Games Fitness C’ship
As part of its community services and contribution to promoting wellness and sports at the local level, Qatar International Islamic Bank (QIIB) sponsored the Phoenix Games Fitness Championship held in Aspire Zone from June 15 to 18, 2022. The championship was held with the participation of more than 200 athletes of 35 nationalities who […]
QIB bags 4 titles at MEED MENA banking excellence awards
Qatar Islamic Bank (QIB) received four awards from the Middle East Economic Digest (MEED) MENA Banking Excellence Awards 2022 in recognition of its outstanding performance across retail and digital banking. With its comprehensive customer offering and focus on optimizing and digitizing its banking operations, QIB was named ‘MENA Retail Bank of the Year’, ‘Best Retail […]
Qatari Islamic finance assets rise 20 percent to QR629 billion: Report
Islamic finance assets in Qatar grew at a rate of 20 percent in 2021 to reach QR629 billion ($172 billion), an annual report on Islamic finance in Qatar has revealed. Islamic banks accounted for 87 percent of these assets, it added. Islamic Sukuk accounted for 11.6 percent and Takaful insurance companies 0.8 percent. The […]
QNB ranks third in Forbes’ top 100 listed firms in Middle East
The Qatar National Bank has been ranked third in the Forbes Middle East Top 100 Listed Companies for 2022 with $14 billion in sales and $59.1 billion in market capitalization, making it the only Qatari company to appear amongst the top 20. For the third consecutive year, the world’s largest oil and gas giant, Saudi […]