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Wednesday, 22 May 2013

Doha Bank keen to partner with corporates and SMEs in Abu Dhabi and Dubai

Doha Bank keen to partner with corporates and SMEs in Abu Dhabi and Dubai
Doha Bank, one of the leading GCC-based banks, announced its intentions to support Small and Medium Enterprises (SMEs) and corporate clients in the UAE through the Bank’s fully licensed branches in Abu Dhabi and Dubai, including support for companies in the infrastructure development and construction sectors. Doha Bank Group CEO, Dr. R. Seetharaman, during a conference held in Dubai...

Qatar banks turn to bond sales as lending slows

Qatar banks turn to bond sales as lending slows
Qatari lenders including Commercial Bank and Doha Bank are boosting profits by selling more debt and equities to investors as income from lending slows. Commercial Bank and Doha Bank’s gains from investment sales last quarter were the biggest for any first quarter since 2005, data compiled by Bloomberg shows. Commercial Bank, the second-biggest Qatari lender, reported a threefold rise...

Doha Bank and Qatar Exchange host joint SME workshop

Doha Bank and Qatar Exchange host joint SME workshop
Doha Bank in partnership with the Qatar Exchange (QE) have hosted the first major workshop of its kind to highlight opportunities for SMEs seeking to be part of the QE Venture Market, which joins the QE Main Market and is a revolutionary new opportunity for small and medium business to pursue their bold entrepreneurial visions and also benefit from the access to capital that being...

Hearing today at the Qatar International Court

Hearing today at the Qatar International Court
The Qatar International Court today heard the case of Khaled Hassan Bahr Ahmed v Doha Bank Assurance Company LLC. The Judges sitting in the case are Lord Scott of Foscote, Dr Hassan Al-Sayed and Chelva Rajah SC. The Claimant, Khaled Ahmed, brings a case against his former employer, Doha Bank Assurance Company, alleging that his contract of employment was unlawfully terminated. The...

QFCA & Bloomberg to assemble global and regional financial leaders in Doha

QFCA & Bloomberg to assemble global and regional financial leaders in Doha
QFC Authority and Bloomberg will host the second annual conference on Asset Management on April 8 and 9, 2013 in Qatar. This prestigious financial event will gather over 300 leading global and regional asset managers. Delegates, including local, regional and international fund managers, key investors, executives of global banks, economists, chief executive officers, and prominent...

Carnegie Mellon’s annual Professional Day highlights the continuous efforts made

Carnegie Mellon’s annual Professional Day highlights the continuous efforts made
Aysha Fakhroo, a Carnegie Mellon University in Qatar computer science graduate and Application Manager at ExxonMobil, returned for the university’s Professional Day career and networking fair with an aim to hire skilled students who are currently enrolled. “Carnegie Mellon’s computer science program is world renowned,” Fakhroo said. “But, the university also provides a...

Doha Bank rights issue next week eyes QR 1.55 billion

Doha Bank rights issue next week eyes QR 1.55 billion
Doha Bank rights issue subscription of 51,674,450 shares, opening here February 28 next week, plans to increase its capital by QR1.55bn (US $425.74 Million approximately). The bank’s rights issue of 25% of its paid-up capital (2.5 shares for ten held shares) is open to shareholders registered at Qatar Exchange at the price of QR 30, inclusive of QR 20 premium on the share’s...

QP’s Industrial Cities Directorate marks National Sport Day

QP’s Industrial Cities Directorate marks National Sport Day
Qatar Petroleum’s Industrial Cities Directorate in collaboration with several QP joint ventures and subsidiaries recently celebrated National Sport Day 2013 with a wide range of activities that attracted over 7,000 participants. His Excellency Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry and Chairman & Managing Director of QP, took part in the festivities, as he...

Qatar sets Guinness World Record with world’s largest soccer ball

Qatar sets Guinness World Record with world’s largest soccer ball
Doha Bank has set a new Guinness World Record for having built the world’s largest soccer ball which is currently on display in the country. The Bank sponsored and developed the project to support the country’s growing role in soccer. During the Qatar Central Bank (QCB) Marathon held on the Doha Corniche on Tuesday, QCB Governor His Excellency Sh. Abdulla bin Saoud Al Thani was...

Doha Bank determines instruments for planned 50% capital increase

Doha Bank determines instruments for planned 50% capital increase
Doha Bank, a private commercial bank in Qatar and the GCC, held a meeting on January 13, 2013 to determine the instruments for a planned 50% capital increase in the market. H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman of Doha Bank, announced that the bank’s Board of Directors discussed the instruments of the proposed 50% capital increase pursuant to the...

Qatar CSR report 2012 launched

Qatar CSR report 2012 launched
The first edition of the Qatar CSR Report 2012 has been launched. The report reviews the latest developments in CSR from both government and private institutions, including Qatar National Vision 2030, National Development Strategy 2011-16, Qatar 2022, National Day, National Sports Day and has a vivid description on the Millennium Development Goals. The report incorporates the United...

Vodafone and Doha Bank in new partnership

Vodafone and Doha Bank in new partnership
Vodafone and Doha Bank have announced a new partnership that will allow Vodafone postpaid customers to pay their bills via Doha Bank ATMs or at a Doha Bank branch. Vodafone customers can enjoy this new service whether they bank with Doha Bank or not. The partnership will add 32 branches and 117 ATMs bill payment locations across Qatar for Vodafone customers. “We’re delighted to...