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Friday, 18 May 2012
Home » Archive by category "Banking, Finance & Insurance"

HSBC raises Qatar National Bank to ‘overweight’

HSBC raises Qatar National Bank to ‘overweight’
Posted by on May 17, 2012 in Banking, Finance & Insurance | 0 comments
HSBC has said the lending momentum of Qatar National Bank (QNB) is to remain positive as preference by the government will help the regional lender gain market share in public sector financing, and upgraded the bank to ‘Overweight’ from ‘Neutral,’ Reuters has reported. The brokerage said it expects Qatar’s largest lender by market value to increase its...
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QNB Group wins ‘Best Trade Finance Bank in Qatar and MLA’ Award

QNB Group wins ‘Best Trade Finance Bank in Qatar and MLA’ Award
Posted by on May 16, 2012 in Banking, Finance & Insurance | 0 comments
Qatar National Bank (QNB) Group, the largest financial institution in the State of Qatar and the Gulf region, is the recipient of the ‘Best Trade Finance Bank in Qatar and MLA (Mandated Lead Arranger)’ Award from the Global Trade Review (GTR) for its participation in the Barzan Gas Project. The respective winners were announced at the GTR Leaders in Trade Charity Awards dinner...
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al khaliji supports regional SME forum for second year in a row

al khaliji supports regional SME forum for second year in a row
Posted by on May 16, 2012 in Banking, Finance & Insurance | 0 comments
Al Khalij Commercial Bank (al khaliji) QSC, in its unwavering commitment to local and regional Small and Medium Enterprises (SMEs), will provide support to the ‘2nd Middle Eastern SME Forum 2012’ to be held in Doha on the 28th and 29th of May 2012 at the Grand Hyatt. “SMEs are the economic backbones of most countries,” said Robin McCall, Group Chief Executive Officer at al...
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TSYS signs Qatar National Bank to license PRIME 4

TSYS signs Qatar National Bank to license PRIME 4
Posted by on May 16, 2012 in Banking, Finance & Insurance | 0 comments
TSYS® yesterday announced that Qatar National Bank (QNB) has signed a licensing agreement for PRIME 4, the latest version of TSYS’ card and merchant management solution. A TSYS client since 1999, QNB has deployed PRIME to manage the issuance of its expanding cards portfolio because of its market-leading flexibility, ease of use and speed-to-market capabilities, to help QNB exceed its...
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al khaliji-sponsored Toastmasters conference resounding success

al khaliji-sponsored Toastmasters conference resounding success
Posted by on May 16, 2012 in Banking, Finance & Insurance | 0 comments
In the tradition of supporting initiatives that align with the bank’s corporate responsibility program, the Al Khalij Commercial Bank (al khaliji) QSC supported Toastmasters Annual Conference Qatar 2012 was highly successful, with serious and light-hearted competition between the participants for a chance to compete in the regional Toastmasters conference to be held later this year in...
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Qatar’s Spanish Business Council and IBQ’s lecture on Qatar-Spain economic relations

Qatar’s Spanish Business Council and IBQ’s lecture on Qatar-Spain economic relations
Posted by on May 14, 2012 in Banking, Finance & Insurance, Business | 0 comments
The Spanish Business Council in Qatar and IBQ organized a successful lecture in April at the W Doha, hosted by Mr. José Carlos García de Quevedo, Director General of Trade and Investment of the Spanish Ministry of Economy and Competitiveness and Mr. Bhupendra Jain, Head of Corporate Banking at IBQ. The Conference focused on Qatar-Spain economic relations in the light of recent...
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Mashreq Qatar engages next-generation financial gurus

Mashreq Qatar engages next-generation financial gurus
Posted by on May 13, 2012 in Banking, Finance & Insurance | 0 comments
Mashreq Qatar, a leading financial institution in the region, has engaged with students at the Commercial Independent Secondary School through a series of career development programmes. The Independent Business Secondary School for boys was established in 2010 under Qatar Central Bank’s sponsorship, with Mashreq Qatar as one of the contributors to its establishment and...
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al khaliji employees participate in Anti-Money Laundering workshops

al khaliji employees participate in Anti-Money Laundering workshops
Posted by on May 13, 2012 in Banking, Finance & Insurance | 0 comments
In its commitment to meeting local and international anti-money laundering regulations, Al Khalij Commercial Bank (al khaliji) QSC, held its annual series of workshops for its employees in compliance and anti-money laundering (AML) regulations. Over 200 al khaliji employees completed the five days workshops series held in the cities of Doha, Abu Dhabi, Dubai and Sharjah, with more...
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IBQ Sponsors “Peter and the Wolf” in Doha

IBQ Sponsors “Peter and the Wolf” in Doha
Posted by on May 12, 2012 in Banking, Finance & Insurance, Education & Culture | 0 comments
The American School in Doha (ASD) Chamber Music Series, sponsored by IBQ, announced its upcoming family concert featuring Serge Prokofiev’s most famous work – a fairytale titled “Peter and the Wolf.” The concert will take place on Friday, 11th of May at 2:00pm in the ASD Fine Arts Theatre. “We are very pleased to collaborate with the American School in Doha’s Chamber Music...
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QNB Group: Food prices are high globally and trending up in the GCC

QNB Group: Food prices are high globally and trending up in the GCC
Posted by on May 12, 2012 in Banking, Finance & Insurance | 0 comments
Despite a slight easing in April, the price of food in global commodity markets remains near historic highs. In the GCC, retail food prices continue to trend upwards. QNB Group notes that the global food crisis that began in 2007 may be far from over. Global food prices, as measured by the UN Food and Agricultural Organisation (FAO) were relatively stable in 1990-2005. The peak and...
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Qatar picks five banks for sovereign sukuk

Qatar picks five banks for sovereign sukuk
Posted by on May 12, 2012 in Banking, Finance & Insurance | 0 comments
Qatar has mandated five banks to help arrange a new sovereign sukuk, four sources familiar with discussions said on Thursday, the Gulf Arab state’s first Islamic bond in almost 10 years. Qatar, the world’s biggest liquefied natural gas exporter, has picked Standard Chartered, Deutsche Bank , HSBC, Barwa Bank and QInvest for the deal, the sources said, requesting anonymity because...
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QFCRA’s enforcement action against Seifeldin Abdelkareem and Kashif Chaudhry

QFCRA’s enforcement action against Seifeldin Abdelkareem and Kashif Chaudhry
Posted by on May 11, 2012 in Banking, Finance & Insurance | 0 comments
Disciplinary actions taken by the QFC Regulatory Authority (the “Regulatory Authority”) against Mr Seifeldin Abdelkareem and Mr Kashif Chaudhry have been upheld by the QFC Regulatory Tribunal (the “Tribunal”). These appeals were the first to be heard by the Tribunal. The disciplinary actions relate to failings by the two individuals, both former officers of Al Mal Bank LLC...
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