QAFCO wins Crystal Award for supporting Qatarization in energy sector
Under the patronage of Minister of State for Energy Affairs and President and CEO of QatarEnergy HE Saad Sherida Al Kaabi, Qatar Fertiliser Company (QAFCO) has won the prestigious Crystal Award for Qatarization Support in the energy sector – under the companies’ category – at the Annual Qatarization Award 2022 ceremony, held on June 22. […]
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. […]
President of Malta arrives in Doha
President of Malta George Vella arrived in Doha on Saturday evening. The president and the accompanying delegation were welcomed upon arrival at Doha International Airport by Director of the Protocol Department of the Ministry of Foreign Affairs Ibrahim bin Yousef Fakhro, Acting Charge d’Affaires of Embassy of Qatar to Malta Khalid Ali Abdullah Abel and […]
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 […]
Arab-German trade up 10% to 41.2 billion euros in 2021
The trade between Arab countries and Germany grew 10 percent in 2021 to 41.2 billion euros, with Arab exports accounting for 12.4 billion euros and German exports 28.8 billion euros, Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al Thani has said in Berlin. Addressing the 25th Arab-German Economic Forum held between June 21 and […]
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 […]
Qatari women getting active in financial and business sectors
The number of Qatari women who partially or fully own companies registered with the Qatar Chamber is around 7,000, according to QC data that shows that Qatari women’s participation in the financial and business sectors has risen at an accelerated pace in the past few years. While an additional 4,900 manage the companies along with […]
Group ONE Holdings, Media City Qatar ink pact for long-term global partnership
Group ONE Holdings (ONE) and Media City Qatar have signed a Memorandum of Understanding (MoU) to develop a strategic long-term partnership, collaborating in the production and development of a wide range of global content in Qatar across multiple media sectors, including original programming, studio shows, and e-sports, that will strengthen Qatar’s growing media ecosystem. […]
First Qatari plane carrying aid arrives in Afghanistan
The first Qatari plane carrying a shipment of aid, provided by Qatar Charity (QC) in cooperation with partner agencies and in coordination with Qatar Fund for Development (QFFD), arrived in the city of Khost in the Islamic Republic of Afghanistan on Saturday to support the Afghan people as part of an urgent relief campaign due […]