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Friday, 24 May 2013
Home » Archive by category "Banking, Finance & Insurance" (Page 69)

Exclusive Car loan offer from Commercialbank at the Qatar Motor Show 2012

Exclusive Car loan offer from Commercialbank at the Qatar Motor Show 2012
Posted by on Jan 24, 2012 in Banking, Finance & Insurance, Tourism, Transport & Leisure | 0 comments
Commercialbank revealed yesterday exclusive offers on vehicle loans for customers who visit their stand during The Qatar Motor Show. Customers availing vehicle loans can benefit from the lowest interest rate of 1.74 per cent flat for the first year. Commercialbank’s easy to apply vehicle loans come with fast approvals and flexible repayment terms. The Qatar Motor Show, held from...
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Tebyan Asset Management launches its first Shari’ah fund encompassing CHIME regions

Tebyan Asset Management launches its first Shari’ah fund encompassing CHIME regions
Posted by on Jan 22, 2012 in Banking, Finance & Insurance | 0 comments
Tebyan Asset Management (Tebyan), the joint venture asset management arm of Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank, authorized by the QFC Regulatory Authority, announces today the debut of Tebyan CHIME Opportunities Fund (Fund), the first of its kind Shari’ah compliant product to offer investors a gateway into the New Silk Route, the new...
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SEIB to participate in the Qatar Motor Show 2012

SEIB to participate in the Qatar Motor Show 2012
Posted by on Jan 22, 2012 in Banking, Finance & Insurance, Tourism, Transport & Leisure | 0 comments
SEIB Insurance and Reinsurance Company LLC (SEIB) has confirmed its participation in the much anticipated 2012 edition of the Qatar Motor Show. The exhibition is one of the biggest highlights of the country’s event calendar, and will be held over four days from the 25thJanuary 2012 to the 28th January 2012.  Significantly, in the midst of some of the most sought-after cars that will...
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Barzan gas project tops the rankings of the largest 2011 project financing deals

Barzan gas project tops the rankings of the largest 2011 project financing deals
Posted by on Jan 22, 2012 in Banking, Finance & Insurance, Energy, Oil & Gas | 0 comments
The Barzan Gas Project was the world’s largest project financing deal completed in 2011, with a value of US$9.8bn, according to Dealogic, a company that provides support and information systems and services to the financial sector. Dealogic produces quarterly and annual reports and rankings on project finance. The Barzan project reached financial close in December 2011. According to...
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Resurgent Bjorn set to defent Commercialbank Qatar Masters crown

Resurgent Bjorn set to defent Commercialbank Qatar Masters crown
Posted by on Jan 21, 2012 in Banking, Finance & Insurance, Sports | 0 comments
After enjoying one of the most successful years in his European Tour career, Denmark’s Thomas Bjorn is fired up to defend his title at the 2012 Commercialbank Qatar Masters presented by Dolphin Energy, being staged from February 2-5. For the World Number 35 it will be a welcome return to the Doha Golf Club, a venue where his stellar 2011 season took off with a four shot victory over...
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Doha Bank net profit rises to QR1,241m

Doha Bank net profit rises to QR1,241m
Posted by on Jan 20, 2012 in Banking, Finance & Insurance | 0 comments
Doha Bank (pictured) has sustained its growth trajectory by posting a 17.7 percent growth in its net profit for the year 2011. The net profit reached QR1,241m in comparison to 1,054m in 2010, the bank Chairman Sheikh Fahad bin Mohammed bin Jabor Al Thani announced at the board of directors meeting. Total assets rose from QR47.2bn in 2010 to QR52.4bn in 2011 representing a growth of 11...
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QIB and Ahli Bank report higher profits

QIB and Ahli Bank report higher profits
Posted by on Jan 20, 2012 in Banking, Finance & Insurance | 0 comments
Ahli Bank (pictured) discloses the preliminary financial statements for the year ended December 31, 2011. The preliminary financials revealed a net profit of QR442.2 million in 2011 versus QR 412.3 million in 2010 and the Earnings per Share (EPS) amounted to QR 6.39 in 2011 compared to QR 6.48 in 2010. The Board of Directors also approved the budget and recommended the distribution of...
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Masraf Al Rayan constitutes special committee for National Sports Day

Masraf Al Rayan constitutes special committee for National Sports Day
Posted by on Jan 19, 2012 in Banking, Finance & Insurance | 0 comments
In line with its continued support and promotion of various sporting activities in the State of Qatar, Masraf Al Rayan [MAR] – one of the leading Islamic banks in Qatar – has announced the formation of a special committee spearheaded by Mr Adel Mustafawi, Group CEO of MAR. The National Sports Day is marked in Qatar in response to Emiri Decree to celebrate the day on the second...
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Jason Day joins Westwood, Kaymer and Mahan in All-Star CBQ Qatar Masters

Jason Day joins Westwood, Kaymer and Mahan in All-Star CBQ Qatar Masters
Posted by on Jan 18, 2012 in Banking, Finance & Insurance, Sports | 0 comments
Australia’s World Number Ten Jason Day and US Ryder Cup star Hunter Mahan will join a powerful field when the 2012 Commercialbank Qatar Masters presented by Dolphin Energy is staged at Doha Golf Club from February 2-5. For both US PGA stars it will be their first attempt at tackling the 7,414-yard course – widely considered the toughest Middle East challenge on The European Tour –...
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Qatar Exchange ready to launch SME Market

Qatar Exchange ready to launch SME Market
Posted by on Jan 18, 2012 in Banking, Finance & Insurance | 0 comments
Qatar Exchange (QE) announced the readiness of technical and regulatory infrastructure dedicated for the Small and Medium Enterprises (SME’s) Market, which was previously announced in implementation of the decision issued by the Supreme Council for Economic Affairs and Investment. The market is now ready in terms of technical and regulatory aspects and able to receive listing...
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QFIB Ventures into F&B Industry with strategic stake in Al Rifai

QFIB Ventures into F&B Industry with strategic stake in Al Rifai
Posted by on Jan 18, 2012 in Banking, Finance & Insurance | 0 comments
Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank,  has acquired a 15% stake in Al Rifai International Holding (Al Rifai), a well-established and leading manufacturer of  nuts, kernels,  light snacks and delicacy in the Middle East and  Europe. The deal marks QFIB’s debut investment-venture in the food and beverage (F&B) manufacturing...
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QNB Group signs MoU with UMB for the planned acquisition of a Majority Stake

QNB Group signs MoU with UMB for the planned acquisition of a Majority Stake
Posted by on Jan 17, 2012 in Banking, Finance & Insurance | 0 comments
Qatar National Bank (QNB) Group has signed a Partnership Agreement for the Morocco-based Union Marocaine des Banques (UMB), with plans to acquire a majority stake of its capital. The acquisition is subject to the approval of regulatory authorities in both countries, which will enable QNB to become a strategic partner of UMB. With this Partnership Agreement, the Ordinary and...
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