Thursday 20 June 2013
 
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QNB

Ooredoo, QNB to host workshop for SMEs

Ooredoo, a leading Qatar-based telecommunication group, will be hosting a joint workshop with Qatar National Bank (QNB) for the small and medium enterprise (SMEs) on May 22 in Doha. The SMEs Evolution Program (SMEEP) Season 5 2013

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Qatar's real GDP grows 6.2pc in 2012

Qatar's real GDP grew 6.2 per cent from the earlier forecast 5.6 per cent on the back of strong non-oil and gas exports supported by expenditure in public administration, healthcare and education, said a report. A pick up in p

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QNB net profit up 6.7pc in Q1 on loan growth

Qatar National Bank (QNB), a leading Gulf Arab lender, posted a 6.7 per cent jump in first-quarter net profit on Sunday, in line with analysts' estimates, on the back of strong loan growth in the Gulf state. QNB, which complet

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UK boosts GCC ties as gobal crisis bites

The UK economy is still struggling to recover from the effects of the global economic crisis in 2008-09. Nonetheless, its importance as a trade and investment partner of the GCC is growing, according to QNB Group. The UK’s G

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Egypt to apply gains tax in QNB bid for NSGB

  Shareholders and investment funds that make capital gains from Qatar National Bank's (QNB) bid for Cairo-based National Societe Generale Bank (NSGB) will face a 10 percent tax, Egypt's tax authority said on Tuesday.

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UAE bank unveils new brand identity

Commercial Bank International, a leading financial institution in the UAE, has unveiled a new brand identity that reflects its strategic partnership with Qatar National Bank (QNB). Announcing the beginning of a new chapter in its

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GCC banking robust; assets hit $1.4 trillion

Higher energy prices and increased hydrocarbons production have provided for large public spending programs, which have increased the asset growth of GCC banks by 11 per cent in 2012 to reach $1.47 trillion, a report said. Overall

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Egypt approves Qatari bank's bid for NSGB

  Egypt's financial regulator has approved an offer by Qatar National Bank (QNB) for National Societe Generale Bank, after requiring QNB to buy the whole company rather than the originally planned 77 percent stake.

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GCC countries 'see moderate inflation'

The GCC region witnessed a moderate three per cent inflation in consumer prices during last year, down from 3.7 per cent in 2011, according to QNB Group analysis. This is relatively low when compared to the global average inflatio

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QNB takes control of Tunisian Qatari Bank

  Qatar National Bank has acquired an additional 49.96 percent stake of Tunisian Qatari Bank, bringing its ownership stake to 99.96 percent, pending regulatory approval, the lender said.   QNB is bu

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