Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China.
At present there is very little Islamic finance activity i
Qatar National Bank (QNB), the largest lender in the Gulf Arab region, reported a 10.1 per cent increase in first-quarter net profit on Wednesday, beating analysts' expectations.
The bank reported a net profit of QR2.7 billion
Qatar National Bank (QNB) has closed syndication of a $3 billion, three-year unsecured term loan and will sign the deal on March 16, banking sources said.
Barclays Bank and HSBC are acting as coordinators on the deal, with Bank of
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.
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
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.
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.
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
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
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.