Friday 27 February 2015
 
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QNB

Are oil prices poised for a rebound?

The crude oil price fell 57 per cent since June to a low of $45 per barrel in early January. However, since then the oil price has rebounded by 31 per cent to a peak of $59 per barrel, raising questions over a further rebound, a report said.

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QNB mandates banks to arrange $3bn loan

Qatar National Bank (QNB), the Gulf's largest bank by market value, has mandated lenders to arrange a $3 billion three-year loan facility for general business purposes, it said on Monday. Barclays Bank and HSBC will act as coo

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QNB wins investor relations in Qatar award

Qatar National Bank (QNB) won the ‘Best Company for Investor Relations in Qatar' award at the Middle East Investor Relations Society 2014 Annual Conference held at the DIFC Conference Centre in Dubai, according to a report.

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QNB, Savills sign real estate agreement

Qatar National Bank (QNB) has signed a new partnership agreement with Savills, a global real estate services provider, to source and identify residential and commercial properties internationally for its affluent local and regional members.

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QNB’s nine-month net profit hits $2.2bn

Qatar National Bank (QNB), the largest lender in the Gulf region, has announced net profit of QR8.0 billion ($2.2 billion) for the nine months of 2014, up by 12.6 per cent compared to last year. QNB also maintained an efficiency r

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QNB lifts Ecobank stake in $283m deal

Qatar National Bank (QNB) has acquired a further 11 per cent stake in Ecobank Transnational Incorporated in a deal worth $283 million, making it the pan-African lender's largest shareholder. QNB acquired 2.048 billion ordinary

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Non-hydrocarbon growth to spur Qatar economy

Qatar’s real GDP growth will accelerate from 6.8 per cent in 2014 to 7.8 per cent in 2016 as the non-hydrocarbon sector expands at a double-digit pace on higher investment spending and a growing population, a report said. Th

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QNB acquire 12pc stake in Nigerian bank for $200m

Qatar National Bank (QNB) on Thursday bought a 12.5 per cent stake in Ecobank for about $200 million, its latest purchase in a drive to be the biggest bank in the Middle East and Africa by 2017. QNB bought the shares from Nigeria&

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QNB acquires a 12.5pc stake in Ecobank

Qatar National Bank (QNB) has announced the acquisition of a 12.5 per cent stake including both ordinary and convertible preference shares in Ecobank Transnational Incorporated, a leading pan-African bank. Ecobank Transnational In

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Qatar World Cup - a focal point for growth

Available indicators of Brazil’s economic activity during the 2014 Fifa World Cup are as dismal as the performance of its national team in the final match. As a number of Brazilian host cities shut down on the days when matc

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