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Saudi Central Bank (SAMA) announced today the launch of a point of sale (POS) service between the Saudi payments network (Mada) and Qatars National ATM and POS Switch (NAPS). Saudi Press Agency (SPA) reported from SAMA that the step, which is set ..
Doha Bank, Qatari Public Shareholding Company, announces that, after having earned all necessary approvals, the non-Qatari Investor Ownership Limit threshold has been increased to 100%. The change has been made at the Qatar Central Securities Depo..
In recognition of his exceptional leadership and dedication to the success of Qatar Islamic Bank (QIB) in the last three years, Group CEO, Mr. Bassel Gamal, received the Asian Banker CEO Leadership Achievement for Qatar Award for the period from Janu..
The foreign currency reserves and liquidity of the Qatar Central Bank (QCB) increased by 2.79 percent to reach QR 211.325 billion in July compared with QR 205.575 billion in July 2021. The figures issued by the QCB Sunday showed that QCB's off..
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..
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..
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