Gulf Times - QNB
Qatar banking assets grow 10.9% to QR1.3tn in July: QNB

Qatar banking assets grow 10.9% to QR1.3tn in July: QNB

Bank assets in Qatar grew 10.9% year-on-year (y-o-y) in July to QR1.3tn, compared to a growth of 11.6% in June, a new report has shown.

QNB expects oil prices at $58 a barrel in 2018

QNB expects oil prices at $58 a barrel in 2018

QNB expects oil prices to be capped at $58 a barrel in 2018. The banking group had expected average prices for 2017 to be at $55.

Qatar’s non-hydrocarbon growth pick-up likely on higher oil prices: QNB

Qatar’s non-hydrocarbon growth pick-up likely on higher oil prices: QNB

Higher oil prices and the positive fiscal outlook should provide a lift to Qatar’s economy, particularly in the non-hydrocarbon sector, QNB has said in an economic commentary.

Qatar real GDP growth to rise to 2.6% in 2017, 3.6% in 2018: QNB

Qatar real GDP growth to rise to 2.6% in 2017, 3.6% in 2018: QNB

Qatar's real economic growth is expected to rise to 2.6% this year and further to 3.6% in 2018, even as inflation is expected to harden by 2018 in view of the value added tax (VAT) rollout, according to QNB.

Qatar oil production up marginally to 615,000 bpd in April: QNB

Qatar oil production up marginally to 615,000 bpd in April: QNB

Qatar oil production increased to 615,000 bpd in April from 610,000 bpd the previous month, QNB’s new data showed.

QNB to seek investment banking licence in Saudi

QNB to seek investment banking licence in Saudi

Qatar National Bank (QNB) said on Thursday it planned to apply for an investment banking licence in Saudi Arabia, where low oil prices are expected to encourage more asset sales and debt raising.

Forbes Middle East fetes Qatar’s top 40 companies

Forbes Middle East fetes Qatar’s top 40 companies

Forbes Middle East recognised Qatar’s top 40 listed companies in a ceremony titled ‘Celebrating Qatar’s Success’ held on Monday at St Regis Doha.

QNB names winners of raffle draw

QNB names winners of raffle draw

QNB has announced 16 smartphone winners after the end of the first phase of a campaign to encourage customers to take advantage of its Internet and mobile banking services.

Telecom, banking and realty help Qatar index close higher

Telecom, banking and realty help Qatar index close higher

The four-month low global oil prices rather limited the FTSE Russell-induced gains on the Qatar Stock Exchange (QSE) this week.

QNB ATMs new technology unveiled at Qitcom

QNB ATMs new technology unveiled at Qitcom

QNB unveiled the new ‘Activate technology’ from NCR, which operates the new age of ATM machines, during the 2017 Qatar Information Technology and Communications (Qitcom) conference, the biggest digital event in Qatar.

QNB posts 10% jump in 2016 profit to QR12.4bn

QNB posts 10% jump in 2016 profit to QR12.4bn

QNB has reported a 10% jump year-on-year in net profit to QR12.4bn for the year ended 2016, helped by stronger core earnings.

Qatar’s GDP expected to recover this year: QNB

Qatar’s GDP expected to recover this year: QNB

Qatar’s gross domestic product is expected to recover in 2017/18 with headline real GDP forecast to be 3.8% in 2017 and 4.1% in 2018, QNB has said in a report.