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Doha Bank disclosed the interim financial statement for the six-month period ending June 30, 2022. The financial statements revealed a net profit of QR 664,979,000 compared to a net profit of QR 614,349,000 for the same period of the previous year..
Qatar Central Bank (QCB) announced Wednesday it is raising the deposit rate 75 basis points to 3 percent. QCB also raised the lending rate 50 basis points to 3.75 percent. The central bank sighted the evolving domestic and international macroec..
Qatar Central Bank (QCB) has announced a ban on the use of cash in transactions that exceeds the value of 50,000 QAR (fifty thousand riyals). QCB explained in a tweet on its official Twitter account: This procedure is carried out based on the Coun..
Qatar Central Bank announced that the Eid Al-Adha holiday for all financial institutions in the country, including banks, exchange stores, insurance companies, finance, investment and financial advisory, will start on Sunday, July 10, 2022 until Tues..
India's consumer protection authority has banned hotels and restaurants from levying a service charge on bills. The order came after authorities said there had been an increase in complaints by customers being forced to pay the charge. Rest..
Food delivery companies in Qatar have been ordered by the Ministry of Labour to stop using two-wheelers for deliveries between 10 am and 3:30 pm until September 15, social media handle Marsal Qatar has said. The order, which has not been publicall..
The Qatar Central Bank (QCB) announced Saturday that more than 25,000 local transactions, worth more than QR 230 million, were executed within the first 24 hours of the start of the money transfer service outside official working hours. QCB had ea..
Qatar First Bank LLC (Public) (QFB) has acquired the Gateway Plaza building in Richmond, Virginia, USA. The new acquisition is a Class AA trophy asset with an area of 330,000 square feet that was developed in 2015 as a build-to-suit building and is a..
Qatar Central Bank (QCB) directed all banks today to execute all local transfers throughout the week long including weekends. This comes in the frame work of QCB's efforts to enhance the role of banks and financial institutions in providing be..
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