Saturday 6 February 2016
 
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QNB

QNB shareholders approve capital bonds

Qatar National Bank (QNB), the largest lender in the Gulf Arab region, said on Sunday its shareholders had approved the issuance of capital-boosting bonds. QNB's shareholders granted the bank permission to issue bonds, which c

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QNB acquires Greece bank's stake in Finansbank

Qatar National Bank, the Gulf country's largest bank, reached an agreement with National Bank of Greece to acquire the latter's entire 99.81 percent stake in Turkey's Finansbank AS for 2.7 billion euros ($2.95 billion), the two banks

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Oil seen above $60 in 2017 on dropping glut

Oil prices will stabilise around an average of $55 in both 2015-16 before rising to $60.2 per barrel in 2017 with a decreasing oversupply in the market, a report said, The adjustment in the market is working as expected, but the p

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QNB holds talks to buy Turkey's Finansbank

Qatar National Bank (QNB), the Gulf Arab region's largest lender, is holding preliminary talks to buy National Bank of Greece's Turkish arm Finansbank, QNB said in a statement on Monday. No "material developments"

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Top Qatari lender in talks to buy KFH's Malaysia unit

Qatar National Bank (QNB), the largest bank in the Gulf region, is in preliminary talks to buy Kuwait Finance House's (KFH) Malaysia unit, the Qatari lender said on Thursday. No agreements had been reached over a potential dea

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Qatar transport forum gets big backing

Top Qatar companies including Qatar Rail, Qatar National Bank and Qatar Development Bank are lending their support to the upcoming fourth edition of Qatar Transport Forum in Doha, Qatar. This forum, endorsed by Sheikh Abdullah bin

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Qatar transport forum gets big backing

Top Qatar companies including Qatar Rail, Qatar National Bank and Qatar Development Bank are lending their support to the upcoming fourth edition of Qatar Transport Forum in Doha, Qatar. This forum, endorsed by Sheikh Abdullah bin

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QNB H1 net profit soars 10.2pc to $1.5bn

QNB Group, the largest lender in the Arab world, has posted a net profit of QR5.6 billion ($1.5 billion) for the six months of 2015, up by 10.2 per cent compared to last year. The Group’s prudent cost control policy and stro

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QNB, Bahrain's ABC look at acquiring Turkey's Finansbank

Qatar National Bank and Bahrain's Arab Bank Corp did not follow up early interest in acquiring HSBC's Turkish business because they are more interested in National Bank of Greece's Turkish arm Finansbank, two people familiar with the

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Qatar, Bahrain banks among bidders for HSBC Turkey

Potential bidders for HSBC's Turkish business include ING Group, Qatar National Bank (QNB) and Bahrain-based Arab Banking Corp (ABC), people familiar with process said on Friday. Four sources said Dutch bank ING and Qatar Nati

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