HE the Governor of the Qatar Central Bank (QCB) Sheikh Abdullah bin Saud al-Thani issued Decision No 7 of 2019 on the instructions for licensing, organising and supervising the services of supporting insurance providers
The Qatar Central Bank circulated last Sunday an enforcement order issued by the Enforcement Judge of the Qatar International Court against a non-QFC registered company operating within the State of Qatar.
Total assets of commercial banks in Qatar registered more than 4% year-on-year jump to QR1.42tn in December 2018, according to the central bank figures.
The Fifth Information Security Conference for the Financial Sector will take place on November 18 and 19, to shed light on information security, infrastructure improvements and solutions for all vital sectors related to information security, not only the financial sector.
Qatar has taken many initiatives in financial inclusion and literacy by launching a national level strategy. The Qatar National Financial Inclusion and Financial Literacy Strategy is in the fourth phase of development, the Qatar Central Bank said its latest Financial Stability Review.
Qatar Central Bank has developed a cyber-security strategy for the financial sector in the country through encrypting the databases and updating the servers of the national payment gateway and associated security standards.
Qatar’s secure electronic network payment system handled a whopping QR3.9tn in 2017 and registered growth both in terms of value and volume compared to the previous year, according to Qatar Central Bank.
Qatar’s exports grew 27.3% year-on-year in April and imports grew 3.1% y-o-y.