Eight Qatar institutes listed on Forbes ‘Most Valuable Banks 2023’
Qatar’s eight banks have a market value of $81.3 billion. Eight banks in Qatar have made it to the Forbes 50 ‘Most Valuable Banks 2023’ list for the Middle East.…
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Masraf Al Rayan
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Masraf Al Rayan launches Qatar’s first ever green deposit
Last year, Qatar announced plans to minimise 25% of its carbon footprint by 2030 as part of its ‘Climate Change Action Plan.’ Masraf Al-Rayan has officially launched the country’s first…
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QCB approves $50 billion mergers between Masraf Al Rayan and Al Khalij Commercial Bank
The latest merger will create Qatar’s second-largest Islamic bank. Qatar Central Bank (QCB) approved on Tuesday a $50 billion merger between Masraf Al Rayan QPSC and Al Khalij Commercial Bank…
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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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