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Qatari banks cancel three-way merger as GCC boycott bitesThree of the Qatar’s leading banks - Masraf Al Rayan (MAR, A1 negative, baa21), Barwa Bank Q.S.C. (A2 negative, baa3) and International Bank of Qatar Q.S.C. (IBQ, A2 negative, baa3) called off the three-way merger they had been negotiating More… |
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Qatar's Masraf Al Rayan Q4 net profit down 3pcMasraf Al Rayan, Qatar's second-largest bank by market value, reported a 3 per cent fall in fourth-quarter net profit on Monday, according to Reuters calculations. Net profit for the three months to December 31 was QR559 milli More… |
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Masraf wins WIBC award for performanceMasraf Al Rayan, a Qatar-based Islamic bank, won the award for best performing Islamic Bank globally the 22nd annual World Islamic Banking Conference (WIBC)concluding today (December 3) in Bahrain. Masraf Al Rayan was honoured for More… |
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Masraf Al Rayan Q3 profit falls 2.2 pcMasraf Al Rayan, Qatar's second largest bank by market value, reported a 2.2 per cent fall in third-quarter net profit on Sunday, broadly in line with analysts' expectations. Net profit for the three months to September 30 More… |
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Manateq, Masraf Al Rayan sign funding deal for logistics projectQatar's Masraf Al Rayan has signed a deal with the government to provide QR1.8 billion ($494.4 million) of financing that will be used to build the largest logistics project in the country's south, a bourse filing said on Sunday. More… |
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Manateq, Masraf Al Rayan sign funding deal for logistics projectQatar's Masraf Al Rayan has signed a deal with the government to provide QR1.8 billion ($494.4 million) of financing that will be used to build the largest logistics project in the country's south, a bourse filing said on Sunday. More… |
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Masraf Al Rayan Q1 profit rises 18pcMasraf Al Rayan, Qatar's second-largest bank by market value, reported an 18 per cent increase in first-quarter net profit on Monday, beating analysts' expectations. The bank is the fourth major Qatari lender to report its More… |
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Qatar's Masraf Al Rayan eyes debut sukuk issueMasraf Al Rayan, Qatar's second-largest bank by market value, is eyeing a debut in the debt capital markets this year after inviting bankers to pitch for arranger roles on a potential US dollar-denominated benchmark sukuk issue, sources said More… |
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Masraf Al Rayan Q4 net profit up, hikes dividendMasraf Al Rayan, Qatar's second-largest bank by market value, reported a 21.2 per cent rise in fourth-quarter net profit on Monday, beating analyst expectations and helped by lending growth. The increase continues a broadly-po More… |
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Masraf Al Rayan profit rises 12.1 pcMasraf Al Rayan, Qatar's largest Islamic lender by market value, has reported a 12.1 percent increase in second-quarter net profit, exceeding analysts' expectations. Analysts polled by Reuters had on average forecast a net profi More… |
