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QNB nine-month profit up 6pc; tops $2.75bnQNB Group, a leading financial institution in the Middle East and Africa (MEA) region, has posted a net profit of QR10.3 billion ($2.75 billion) for the nine months of the year, up by 6 per cent compared to the same period in 2016. More… |
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QInvest 2016 revenue up 6pc to $114mQInvest, a leading investment bank in Qatar, has posted revenues of QR416 million ($114 million) for 2016, reflecting a six per cent increase over the revenues in the previous year. Operating profits increased 3 per cent to QR220 More… |
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QFB, Novus in deal to acquire two Boeing 737sQatar First Bank (QFB), a leading Shari’ah-compliant bank based in Qatar, has partnered with Novus Aviation Capital, one of the world's fastest growing aircraft leasing platforms, for an indirect acquisition and lease of two 2011 vinta More… |
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Qatari bank completes key UK residential projectQatar First Bank (QFB), a leading Shari’ah compliant lender, has announced the completion of 7-12 Leinster Square, a residential real estate development in Leinster Square – London W2. This is QFB’s second comple More… |
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Saudi Arabia grants licence to first Qatari bankThe Saudi Council of Ministers granted a licence for Qatar National Bank to open a branch inside the kingdom, the official SPA news agency said on Monday, in what would be its first licence awarded to a Qatari lender. The announce More… |
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Al Khaliji posts $41m profit for Q2Qatar's Al Khaliji Bank has reported a net profit of QR149.6 million ($41.09 million) for the second quarter of this year, compared to QR159 million for the same period last year. However, the profit represented an increase of More… |
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Qatar's Al Khaliji lifts foreign ownership capQatar's Al Khaliji Commercial Bank said on Monday its shareholders had approved increasing its foreign ownership limit to 49 per cent, while its chief executive was quoted as saying it planned no public bond issues in 2014. Th More… |
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Al khaliji 9-month profit rises 5.2pcDoha-based bank Al Khaliji has registered a net profit of QR398.2 million ($109.2 million) for the first nine months, up 5.2 per cent when compared to QR378.5 million last year. Announcing the results, the Qatari lender said its n More… |
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Qatar's Barwa plans to issue sukuk by 2013Qatar's Barwa Bank plans to issue a sukuk by 2013 and is eyeing a share listing over the longer term, according to its chief executive. The Islamic lender, a unit of Barwa Real Estate, sees an issuance as helping smooth out maturities More… |
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Al Khaliji nine-month profit up 22pcLeading Qatari bank Al khaliji has recorded a net profit of QR359 million ($98.5 million) for the first nine months marking an increase of 22 per cent over the same period last year. Announcing the results after a board meeting, More… |
