Gulf Times - financial
Qatar Airways posts 14% year-on-year revenue expansion in 2018-19

Qatar Airways posts 14% year-on-year revenue expansion in 2018-19

Qatar Airways has witnessed 14% year-on-year expansion in overall revenue and other operating income during 2018-19, indicating the national carrier's ‘robust’ financial health ...

QFC joins global league of financial centres to promote sustainable business growth

QFC joins global league of financial centres to promote sustainable business growth

The Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centres, has joined the World Alliance of International Financial Centres (WAIFC) ...

Yet another global financial meltdown could be in the offing?

Yet another global financial meltdown could be in the offing?

According to the IMF in July, global growth is forecast at 3.2% in 2019. GDP releases this year, together with generally softening inflation, point to weaker-than anticipated global activity.

QCB's cyber security program provides Qatar's financial sector with 'unique visibility' on cyber risks, threats

QCB's cyber security program provides Qatar's financial sector with 'unique visibility' on cyber risks, threats

With the emergence of cyber-attacks on financial institutions and the threat that it holds towards financial stability of the system, Qatar Central Bank (QCB) has established a dedicated cyber security function ...

Doha Bank H1 net profit rises 10.2% to QR519mn

Doha Bank H1 net profit rises 10.2% to QR519mn

Doha Bank has posted a half yearly net profit of QR519mn, up 10.2% on QR471mn registered in H1, 2018.

Qatar's first bank merger to support economic growth, development of financial and private sectors: OBG

Qatar's first bank merger to support economic growth, development of financial and private sectors: OBG

Mirroring a trend seen across the Gulf, two lenders in Qatar announced the country’s first bank merger in a move officials say will support economic growth and the development of the financial and private sectors ...

Eid holidays for banks and financial institutions

Eid holidays for banks and financial institutions

Banks and financial institutions will have their Eid al-Fitr holidays for three working days from June 4, and will resume normal operations ...

QNB posts 4% gain in Q1 profit to QR3.6bn

QNB posts 4% gain in Q1 profit to QR3.6bn

QNB, one of the leading banks in the Middle East, Africa and Southeast Asia, has reported a 4% increase year-on-year in net profit to QR3.6bn in the first three months of this year.

QFMA gives listed companies June 9-July 7 window to enforce stock split

QFMA gives listed companies June 9-July 7 window to enforce stock split

The listed companies are required to enforce stock split, through which the nominal value of a share will become QR1 instead of the present QR10, from June 9 until July 7 ...

QIIB shareholders approve foreign ownership limit increase up to 49%

QIIB shareholders approve foreign ownership limit increase up to 49%

At their extraordinary general assembly held on Sunday QIIB shareholders have approved the bank’s board of directors’ recommendation to allow the ownership of foreign investors ...

Growing confidence on Qatar business prospects over 12-month period: QFC

Growing confidence on Qatar business prospects over 12-month period: QFC

Doha's non-hydrocarbon private sector witnessed enhanced employment in February this year in view of growing confidence on the business prospects over the 12-month period ...

QFCRA, CBO seek to set up cross-border financial institutions

QFCRA, CBO seek to set up cross-border financial institutions

The Qatar Financial Centre Regulatory Authority (QFCRA) and the Central Bank of Oman (CBO) have entered into a memorandum of understanding to "strengthen bilateral relations" between the two sides.