Masraf Al Rayan has announced its sponsorship of Euromoney Qatar Conference 2014 to be held on November 24 and 25 at the Ritz-Carlton Hotel Doha.

The conference was being held under the patronage of HE the Prime Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani and will be attended by HE the Minister of Finance Ali Sherif al-Emadi and HE the Governor of Qatar central bank Sheikh Abdullah bin Saud al-Thani.

The conference will delve on the domestic economy amid the global economic crisis and the benefits and incentives offered by Qatar to increase growth opportunities and local incomes.

It will also discuss Qatar’s plans and infrastructure programmes, including projects for the 2022 FIFA World Cup, investments in key sectors, foreign investments, and expansion plans in the coming years.

Masraf Al Rayan Group CEO Adel Mustafawi said the bank was sponsoring the event “in view of its importance and role in providing local, regional, and global investments in the Qatari market.”

“The conference also enables policymakers, businesses, and financial institutions in Qatar to understand and analyse current issues amid global economic and financial challenges,” Mustafawi added.

Masraf Al Rayan has maintained strong growth rates over the past years. Recently, it announced its nine-month financials ending September 30, 2014 with a net profit of QR1.426bn or a 14.1% increase compared to the QR1.250bn recorded in same period last year.

 

Related Story