currency Archives

2 min

Qatar and Russia working on national currency use for trade: envoy

Doha and Moscow are working on joint projects worth more than $1.9 billion. Qatar and Russia are collaborating to facilitate trade transactions using their own national currencies, according to Moscow’s…

2 min

‘Landmark transaction’: Commercial Bank issues first ever Qatari riyal international bond

The privately offered, three-year Qatari riyal-denominated bond has a total volume of QAR 429 million. The first ever international bond in Qatar was issued by Commercial Bank, in a move…

3 min

Qatar settles $100 million currency manipulation lawsuit against the UAE

Several Abu Dhabi-based banks orchestrated attacks on Doha’s economy during the 2017 Gulf Cooperation Council (GCC) crisis in hopes of damaging its ability to host the 2022 World Cup. Qatar…

3 min

News

UK court orders top officials at Qatar’s central bank to disclose private emails

A UK court has accepted Banque Havilland’s bid to force Qatar’s central bank to hand over private emails concerning blockade response. A UK court has granted Banque Havilland’s request for…

1 min

Qatar Central Bank extends circulation of ‘old’ notes until July

Circulating old banknotes after the specified date is illegal, said QCB. Qatar Central Bank (QCB) announced on Wednesday an extension to the circulation of old banknotes. QCB said the circulation…

2 min

Qatar Financial Centre files legal action against First Abu Dhabi Bank

The Qatar Financial Centre Regulatory Authority QFCRA has commenced legal proceedings in New York to compel First Abu Dhabi Bank (FAB) to pay a court ordered judgment debt of QAR…

1 min

New year, new money

Authorities unveil the designs for new banknotes which included a brand new 200 riyal bill. Qatar Central Bank has announced the new designs of the fifth issue of the Qatari…

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