banks Archives

3 min

Update: Qatar Central Bank warns against unlicensed entities after CoinMENA launch in Qatar

CoinMENA is a Sharia-compliant exchange, certified by the Bahrain-based Shariyah Review Bureau. Qatar Central Bank (QCB) released a statement warning against dealing with any unlicensed financial institution or service provider,…

2 min

Qatar National Bank launches sustainable monetary project

Green investors can benefit from a new sustainable project launched to reduce Qatar’s carbon footprint. Qatar National Bank (QNB) in conjunction with UK-based HSBC have launched a green energy-centered monetary…

1 min

When is the last date to exchange your old Qatari banknotes?

Reminder: Make sure to exchange the 4th edition of Qatari banknotes before December 31. Banks in Qatar issued a reminder on Tuesday calling on everyone to change old Qatari banknotes…

2 min

Business

Qatar’s central bank to gradually reduce Covid-19 economic support measures

Qatar Central Bank will begin the implementation of its reduction strategy for its support packages. Qatar’s Central Bank (QCB) said it will soon gradually start reducing financial support measures that…

1 min

The Round up

The Round Up | 17 August 2021

All the top stories in Qatar on Tuesday: ???????? Qatar FM meets top Taliban leader in Doha ???? UK Banker named in anti-Qatar campaign case ✈️ Rights activist Malcolm Bidali…

2 min

Business

Dukhan Bank sells $500 million in Islamic bonds

Qatar’s Dukhan Bank debt sale comes at a time when regional banks have looked to strengthen their primary funding sources. Qatar’s Dukhan Bank has sold $500 million in Additional Tier…

2 min

Qatar Petroleum hires international banks in billion dollar bond sale

State-owned Qatar Petroleum has involved several international banks to arrange the issuance of US dollar-denominated bonds. Qatar Petroleum (QP) has hired a group of international banks to arrange a four-tranche…

2 min

Got old banknotes? Here’s how to exchange them before July 1

The new Qatari banknotes have 62 security features, including a barcode for extra security measures. Citizens and residents of Qatar have been advised to exchange old banknotes before the July…

2 min

Qatar’s bank mergers, will there be more?

Mergers and acquisitions could help improve the sector outlook despite COVID-19 Qatar’s almost saturated banking market could see more consolidation due to the low profitability of banks triggered by the…

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