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Wednesday, February 18, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "banking" (25 articles)

Doha Bank Group CEO Sheikh Abdulrahman bin Fahad bin Faisal al-Thani.
Business

Doha Bank Group CEO among Forbes Middle East Top 100 CEOs 2025

Forbes Middle East has ranked Doha Bank Group CEO Sheikh Abdulrahman bin Fahad bin Faisal al-Thani as “the second most powerful banking executive in Qatar” in its annual Top 100 CEOs in the Middle East 2025 list.The ranking celebrates executives who demonstrate exceptional leadership, drive innovation, and shape the region's business landscape. The recognition reflects Sheikh Abdulrahman’s visionary approach to banking and his leadership in positioning Doha Bank at the forefront of digital innovation in Qatar's financial sector.Under his guidance, the bank has pioneered industry-first initiatives, including Qatar’s first mobile app for Letter of Guarantee services, reinforcing its commitment to delivering cutting-edge solutions that serve evolving customer needs.Forbes Middle East’s Top 100 CEOs list profiles the region’s most influential business leaders at the helm of major corporations, acknowledging those who set new standards for excellence, navigate complex markets, and drive sustainable growth across diverse industries.Sheikh Abdulrahman said: “This recognition reflects the dedication of our teams and the trust of our clients. At Doha Bank, we are committed to advancing digital banking, operational excellence, and delivering solutions that support Qatar's economic vision. Being acknowledged by Forbes Middle East reinforces our commitment to setting new benchmarks in the banking sector and serving as a forward-thinking financial institution.”The ranking adds to Doha Bank’s growing list of prestigious industry awards, reaffirming its position as one of Qatar’s leading financial institutions and a trusted partner in driving innovation and excellence in the region's banking sector.

Gulf Times
Business

QIB wins 3 digital innovation awards from The Asset Triple A Islamic Finance Awards

Qatar Islamic Bank (QIB) has been recognised with three prestigious awards at The Asset Triple A Islamic Finance Awards 2025.The bank was awarded ‘Best Islamic Bank for Digital Innovation’, ‘Best Islamic Digital Banking Solution for Car Financing’, and ‘Best Islamic Digital Banking Solution for Financial Inclusion’, reaffirming its continued leadership in digital banking.With over 83% of QIB’s retail customers now actively using the bank’s digital channels, and 99% of financial transactions completed digitally, the Bank continues to lead the industry in digital adoption.Recognised as the ‘Best Islamic Bank for Digital Innovation’, QIB has set a benchmark in digital banking through its mobile-first strategy and continuous enhancements to the award-winning QIB Mobile App.Now offering more than 320 integrated features, the QIB Mobile App enables customers to access a wide range of retail banking services, including real-time onboarding, instant personal finance, credit card issuance, and more.Additionally, this recognition highlights QIB’s customer-centric approach and commitment to enabling the bank’s corporate customers. Through a suite of tailored, Shariah-compliant digital solutions, including digital onboarding, Corporate Internet Banking, the QIB Corporate App, and co-branded credit cards with Ooredoo, QIB has simplified business banking.The bank also offers a comprehensive range of payment services, such as POS terminals, Payment Gateway, and QIB SoftPOS App, empowering SMEs to manage finances, improve liquidity, and scale sustainably.The ‘Best Islamic Digital Banking Solution for Car Financing’ award recognises the QIB Auto Marketplace, the first fully integrated, in-app car purchase and financing platform in Qatar. Accessible exclusively through the QIB Mobile App, the Marketplace features a diverse and growing selection of renowned automotive brands through an expanding network of dealer partners, enabling customers to browse vehicles, compare options, book test drives and complete financing applications digitally, delivering a fast, transparent and truly branchless journey from selection to ownership.The award for ‘Best Islamic Digital Banking Solution – Financial Inclusion’ acknowledges the QIB Lite App, Qatar’s first simplified, multilingual mobile banking experience tailored to underserved communities. Available in eight languages, QIB Lite offers a seamless, branch-free journey and enables quick self-registration, instant payments, affordable transfers, bill settlement, and intuitive account and card management. With an instant Salary Advance available for eligible customers, QIB Lite reflects the bank’s commitment to inclusive innovation and empowering every customer to manage their finances with ease and confidence.Constantinos Constantinides, QIB Chief Strategy & Digital officer, said: “We are pleased to receive these awards from the Asset, which reaffirm our leadership in digital innovation and our commitment to inclusive, customer-centric banking.“Building on the trust of our customers and the dedication of our team, we continue to expand access and deliver secure, smarter ways to bank through the QIB Mobile App, Corporate App and QIB Lite App, inviting our customers to expect more from QIB as we continually elevate their digital banking experience.”Marking its 25th anniversary, the Asset Triple A Islamic Finance Awards is highly regarded within the financial sector as one of the most prestigious recognition programmes, celebrating institutions that exemplify outstanding performance in Islamic banking.For further information, visit www.qib.com.qa

Gulf Times
Qatar

Qatar Central Bank Governor meets with the Minister of Commerce & Industry of the Republic of India

His Excellency Sheikh Bandar bin Mohammed bin Saoud Al Thani, Governor of the Qatar Central Bank, met today, Monday, 6 October 2025, with the Piyush Goyal, Minister of Commerce & Industry of the Republic of India. During the meeting, they discussed bilateral relations between the two countries in banking and finance and explored ways to further strengthen cooperation.

Gulf Times
Business

QCB Governor meets Ambassador of Egypt

His Excellency Governor of the Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani met on Sunday with the Ambassador of the Arab Republic of Egypt to the State of Qatar Walid Elfiky. During the meeting, they discussed bilateral cooperation relations in banking and finance and the means of consolidating them.

Gulf Times
Business

QIB makes enhancement to certificate of deposits

Qatar Islamic Bank (QIB) has made enhancement to its flexible certificate of deposits (Flexi CD), aligning the offering with sustainable finance principles to support green and socially responsible projects.The enhanced Flexi CD continues to offer attractive returns and flexibility while contributing to a positive environmental and social impact.Funds invested in Flexi CD will now be directed towards financing sustainable initiatives – including clean energy, pollution control, green buildings, education and healthcare; thus, offering customers a way to grow their savings, while supporting a sustainable future.Flexi CD is a flexible investment ‘Mudaraba’ product, allowing retail customers to collect profits at the end of each quarter and make early and partial redemptions during the tenor of the deposit.In the event of early redemption, the remaining balance will continue to earn the same expected profit rate. These certificate of deposits can be booked instantly and securely through the QIB mobile app.Flexi CD holders can apply for financing up to 100% of the deposit value, with a financing tenor equivalent to the CD maturity. The minimum subscription is QR100,000 or $25,000.Flexi CD is designed to promote long-term savings and offer attractive annual returns based on currency and tenor. They are available in both Qatari riyal and US dollar, with 1, 2, or 3-year tenors."The enhanced Flexi CD allows customers to grow their savings while contributing to sustainable development, aligning with our long-term commitment to responsible banking. This move is a natural progression of our product strategy meeting the evolving expectations of our stakeholders. It reflects QIB’s role as a forward-thinking financial institution committed to driving positive change," said D. Anand, QIB’s General Manager – Personal Banking Group.

The event brought together senior executives and industry leaders representing more than 70 clients to explore how digital solutions across payments, cash management, trade and markets are helping businesses drive efficiency, build resilience and capture growth opportunities in an ever-changing marketplace.
Business

HSBC accelerates Qatari businesses’ efficiency, resilience via digital solutions

HSBC Qatar recently hosted its Corporate & Institutional Banking (CIB) Client Networking Event in Doha, under the theme ‘Digital Solutions – Driving Efficiency & Resilience’.The event brought together senior executives and industry leaders representing more than 70 clients to explore how digital solutions across payments, cash management, trade and markets are helping businesses drive efficiency, build resilience and capture growth opportunities in an ever-changing marketplace.The initiative underscores HSBC Qatar’s efforts to accelerate digital transformation in line with Qatar National Vision 2030, which places innovation and economic diversification at its core, reinforcing Qatar’s role as a hub for digital excellence in the region.The discussion highlighted the role of digital tools in optimising and streamlining operations, reducing risk and strengthening resilience. HSBC’s award-winning solutions were showcased, including Corporate Treasury APIs, HSBC TradePay, and the FX Evolve Platform, which offers clients 24/5 access to seamless transactions across 23 currency pairs.Nicholas Young, country head of Global Payments Solutions, HSBC Qatar, said: “HSBC remains dedicated to supporting our Corporate & Institutional Banking clients with value-added digital solutions that enable them to thrive in a fast-changing global economy. By leveraging digital innovation, our clients can use real-time data to make faster decisions and seize opportunities.”Mohit Joshi, country head of Corporate Banking, HSBC Qatar, added: “HSBC Qatar has a proud legacy of ‘firsts’ in the digital space, from installing Qatar’s first ATM in 1986 to pioneering electronic banking for corporates in 1987. Today, we remain committed to pushing the boundaries of digital innovation to deliver solutions that create long-term value for our clients, support their resilience and competitiveness.”The event also featured a panel discussion featuring Aldrin Barretto, senior financial controller of Al-Futtaim Domasco, who shared insights on how HSBC’s digital trade solutions have improved supply chain resilience, and Qaisar Choudhary, COO of Carnegie Mellon University in Qatar, who talked about how digital payment solutions have had a transformative impact on their relationships with students, suppliers and partners globally.

This recognition underscores QIIB’s excellence in developing an integrated mobile banking application that reflects the latest advancements in digital technology within the banking sector.
Business

QIIB wins ‘Best Mobile Banking Application Qatar 2025’ award

QIIB has received another “prestigious” accolade, with Global Business Review naming the bank as the winner of the ‘Best Mobile Banking Application Qatar 2025’ award.This recognition underscores QIIB’s excellence in developing an integrated mobile banking application that reflects the latest advancements in digital technology within the banking sector.According to the Global Business Review jury, QIIB Mobile Banking App distinguishes itself as a smart and comprehensive platform that enables customers to perform a wide range of transactions while also offering innovative interactive features designed in direct response to customer feedback and needs.QIIB Chief Executive Officer Dr Abdulbasit Ahmad al-Shaibei said: “We are delighted to receive this prestigious award, which reflects our alignment with the Third Financial Sector Strategy launched by Qatar Central Bank, especially in the areas of digital services and advanced technology.“The award also reaffirms QIIB’s leadership in digital banking and demonstrates our success in developing a mobile banking application that ranks among the best in the region, offering innovative services that meet our customers’ needs and provide them with an outstanding banking experience.“From the very beginning, our goal has been to deliver a smart, secure, and user-friendly platform that empowers customers to manage their banking transactions anytime and anywhere. This achievement reflects our digital transformation strategy and ongoing commitment to investing in the latest technologies.”Dr al-Shaibei emphasised that the award serves as further motivation to continue developing the bank’s mobile app and enhancing its features and services in line with customer expectations.He noted: “Customer satisfaction is the true measure of success for any financial institution. We remain committed to continuously listening to our customers and developing solutions that make their lives easier and add real value to their banking experience.”This latest award further strengthens the track record of the QIIB Mobile Banking App, which has already received numerous regional and international awards and recognitions in digital banking.QIIB was awarded the ‘Excellence in Mobile Banking Innovation Qatar 2025’ by Gazet International, and previously received the ‘Excellence in Mobile Banking’ award at Finnovex Qatar 2024.QIIB has also won other prestigious honours, including ‘Best Bank for Digital Transformation Qatar 2025’ and ‘Best Retail Bank Qatar 2025’ from World Economic Magazine, as well as regional awards from institutions specialising in the banking industry.

The accolades reflect QNB’s commitment to delivering innovative digital banking solutions and exceptional customer experience, further cementing its leadership in digital transformation, and significant efforts on customer awareness on digital through innovative marketing channels
Business

QNB wins Global Finance awards for 'Best Digital Banks in Qatar'

QNB has been recognised by Global Finance magazine as one of the best in digital banking, winning two prestigious awards: ‘Best Mobile Banking App’ and ‘Best in Social Media Marketing and Services in Qatar’ for its continuous efforts in digital banking, and marketing.These accolades reflect QNB’s commitment to delivering innovative digital banking solutions and exceptional customer experience, further cementing its leadership in digital transformation, and significant efforts on customer awareness on digital through innovative marketing channels.QNB has distinguished itself through a wide range of pioneering digital services, as it has introduced ‘3D Secure eCommerce Transaction Verification’, allowing customers to approve online payments via QNB Mobile Banking push notifications.This new feature is provided alongside the SMS verification method already in place, giving customers additional options for secure transaction approval.It has also expanded the scope of convenient fund transfers with Visa Direct, allowing customers to instantly transfer money to Visa debit, credit, or pre-paid cards directly through QNB Mobile Banking.Court payments have similarly become easier, with customers now able to complete these transactions conveniently through QNB Mobile and Internet Banking.Through its Digital Onboarding service, QNB enables new customers to open a current or savings account, obtain a Virtual Card, and begin using their accounts instantly within minutes through QNB Mobile Banking without having to visit a branch.In addition, the bank has introduced a Multi-Currency Travel Card that allows customers to create a virtual card in multiple currencies within minutes, ensuring hassle-free transactions worldwide at competitive exchange rates.Furthermore, QNB Mobile Banking application offers customers the flexibility to adjust their credit card repayment percentage with ease.Reinforcing its reputation as a regional innovator, QNB became the first bank in Qatar and the Middle East to launch ATMs with bulk cash deposit functionality.These awards are a testament to QNB’s continuous innovation and investment in cutting-edge digital services, designed to provide its customers with secure, seamless, and exceptional digital banking across all channels.QNB continues to enhance its digital platforms in line with its strategy to deliver smart, customer-centric solutions that make everyday banking faster and more secure.The Group was also recognised recently with several international awards including: ‘Best Multi-Channel Offering in the Middle East and North Africa’, ‘Best Digital Bank in Qatar’ and ‘Excellence in Omni-channel Customer Experience’.

Gulf Times
Business

QSE Index rises 0.28% at start of trading

Qatar Stock Exchange (QSE) index rose at the beginning of Thursday's trading by 0.28%, gaining 31.86 points to reach 11,257 points, compared to the previous session's close, supported by most sectors.Figures from QSE showed positive performances across most sectors. The banking and Financial Services sector rose by 0.47%, Industrial by 0.31%, Telecoms by 0.12%, Consumer Goods and Services by 0.07%, and Real Estate by 0.03%. Meanwhile, Transportation recorded a negative performance of 0.03%, and Insurance remained unchanged.At 10:00 a.m, QSE recorded 2,808 transactions worth QR 72.660 million, and distributed over 31.998 million shares.

Gulf Times
Qatar

QSE Index gains 44.12 points at beginning of Wednesday's trading

The Qatar Stock Exchange (QSE) index rose by 0.40% at the beginning of trading Wednesday, increasing its balance by 44.12 points to reach 11,165 points, compared to the previous session's close, with support from most sectors.Figures from QSE showed a positive performance in most sectors, as the Banking and Financial Services sector rose by 0.58%, Industrial by 0.34%, Real Estate by 0.28%, Consumer Goods and Services by 0.19%, Telecoms by 0.11%, and Insurance by 0.01%, while Transportation recorded a negative performance of 0.12%.At 10:00 AM, QSE recorded 4,259 transactions worth QAR 92.856 million, and distributed over 40.217 million shares.

Gulf Times
Qatar

Digital Qatar: How coupon platforms are fueling the country’s E-Commerce growth

The last decade has seen Qatar evolve into one of the fastest-growing digital economies in the Middle East. From online banking to food delivery, digital services are transforming the way people live, shop, and interact. At the heart of this transformation lies e-commerce—a sector that has seen exponential growth, powered by tech-savvy consumers, expanding retailer networks, and the surge of mobile-first shopping. Yet one often overlooked driver of this growth is the rise of coupon platforms, which are quietly reshaping how shoppers save, how retailers attract new customers, and how the digital economy in Qatar builds resilience for the future.A Nation Going DigitalQatar’s ambitious National Vision 2030 emphasizes diversification, innovation, and sustainability. The country’s young population, coupled with one of the world’s highest smartphone penetration rates, has made it an ideal market for e-commerce adoption. Global retailers like IKEA, H&M, adidas, and Bloomingdale’s now cater directly to Qatari shoppers online, while homegrown players such as Snoonu and Talabat are redefining last-mile delivery.E-commerce revenues in Qatar are projected to grow consistently, with fashion, electronics, groceries, and lifestyle goods leading the charge. The convenience of shopping online has become second nature, and platforms that provide added value, such as verified coupon websites, are playing a pivotal role in shaping consumer behavior.The Power of Coupons in the Digital EraCoupons are no longer pieces of paper tucked into newspapers. In today’s digital world, they have become a core part of the online shopping experience. In Qatar, shoppers increasingly search for deals before completing their purchases, looking for platforms that guarantee genuine and verified codes. This is where GC Coupons, Qatar’s leading coupon website, stands out.Founded to make savings accessible to all, GC Coupons has grown into the most trusted destination for shoppers across the UAE, Saudi Arabia, Qatar, and the wider Gulf. It partners with over 2,000 leading online retailers, ensuring that customers never pay full price when they don’t have to. Millions of shoppers rely on the platform every year to save money—at no cost to them.Retailers That Define Qatar’s Shopping CultureGC Coupons’ influence is seen in the breadth of retailers it works with. For Qatar’s digitally savvy population, this includes everything from everyday essentials to luxury indulgences. Shoppers can find discounts for Noon, Carrefour, IKEA, Samsung, Bloomingdale's, H&M, adidas, Max Fashion, Dyson, Talabat, Snoonu, Calo, Mumzworld, Crocs, ALDO, MARGABi, SHEIN, Temu, Puma, Damas Jewellery, Crate & Barrel, Jeeny, Eyewa, THAT Concept Store, Level Shoes, Izil Beauty, Reef Perfumes, CAFU, Namshi, Centrepoint, Whites, West Elm, Splash, Bath & Body Works, Baytonia, and American Eagle—among many others.Each of these brands plays a role in the country’s consumer landscape, and GC Coupons helps bring them closer to shoppers by lowering the cost barrier. Whether it’s a family shopping for groceries on Carrefour, a student looking for a fashion deal on SHEIN, or a professional ordering lunch from Snoonu, coupons drive more transactions while building loyalty for retailers.Exclusive Codes That Build TrustIn a crowded e-commerce environment, trust is a premium currency. Shoppers in Qatar are wary of unreliable codes that waste time or don’t apply at checkout. GC Coupons has differentiated itself by ensuring that every code is verified and updated. This reliability has not only built consumer trust but also strengthened retailer partnerships.By offering exclusive coupon codes for leading retailers, GC Coupons also provides brands with a direct channel to attract price-conscious yet quality-driven customers. For example, Noon deals and Namshi offers through GC Coupons have become go-to options for shoppers during major sale events like White Friday, Ramadan, and back-to-school seasons.Driving the Future of Local PlatformsLocal players such as Snoonu, Talabat, and Calo have redefined convenience in Qatar’s e-commerce ecosystem. By integrating with coupon platforms, they benefit from enhanced visibility and a broader customer base. For consumers, the value is twofold: they enjoy savings on platforms they already use daily, while supporting local innovation that drives Qatar’s digital economy. For instance, GC Coupons’ Snoonu vouchers highlight how discounts extend beyond global retailers to local businesses, empowering them to compete with international giants.Fashion, Lifestyle, and Luxury—For LessFashion remains one of the largest online spending categories in Qatar. From fast-fashion brands like Max Fashion and H&M to luxury retailers like Bloomingdale’s and Level Shoes, GC Coupons ensures that style does not come with a prohibitive price tag. Through codes like Max Fashion discounts, shoppers can stay trendy without overspending. Luxury-focused Qatari consumers also turn to GC Coupons for savings on items that were once thought of as non-discountable—from high-end perfumes at Reef and Damas Jewellery to furniture at Crate & Barrel and West Elm.Everyday Savings That Add UpFor many households in Qatar, online shopping has moved from occasional indulgence to daily necessity. Groceries from Carrefour, home essentials from Baytonia, and deliveries from Talabat or Snoonu now form part of weekly routines. Even fuel delivery through CAFU can be optimized with discounts. By providing verified coupons, GC Coupons turns everyday transactions into opportunities for meaningful savings.The Broader Economic ImpactThe benefits of coupon platforms extend beyond consumers. For retailers, working with GC Coupons means increased conversions, reduced cart abandonment, and measurable ROI from marketing campaigns. For Qatar’s digital economy, coupon usage encourages more online transactions, greater trust in digital platforms, and a stronger overall ecosystem.In fact, platforms like GC Coupons play a role in bridging international and local players. Global retailers expand into the Gulf region with confidence when they see a strong coupon culture fostering consumer engagement. Local businesses, meanwhile, get an opportunity to compete on equal footing, using coupon partnerships as a growth lever.Looking Ahead: The Next Chapter of Savings TechAs Qatar continues to invest in digital infrastructure, the role of coupon platforms will only grow. Mobile-first experiences, exclusive coupon codes, and partnerships across sectors will remain critical. Already, GC Coupons is leading this evolution with an app that provides shoppers with instant access to verified codes across multiple categories, including electronics and food delivery.Innovations such as personalized coupon recommendations, AI-driven shopping insights, and deeper integrations with local loyalty programs are also on the horizon. In many ways, coupon technology is evolving into a new branch of fintech—what some industry observers are calling “savings tech.”ConclusionQatar’s digital economy is thriving, and coupon platforms are one of its unsung heroes. By bridging consumers and retailers, platforms like GC Coupons—Qatar’s leading coupon website—not only save shoppers money but also fuel the growth of e-commerce across the Gulf. With over 2,000 retailer partnerships and millions of satisfied customers, GC Coupons has established itself as the region’s most trusted coupon platform.Whether it’s a family shopping for groceries, a student buying fashion, or a professional booking travel, the message is clear: in Digital Qatar, every riyal saved counts—and GC Coupons is making sure those savings are always within reach.For those looking to explore deals today, GC Coupons offers an unmatched variety—from Noon promotions to 6th Street bargains—all just a click away.

Gulf Times
Qatar

QNB group, in collaboration with Ministry of Labor, organises open recruitment day

QNB Group, in collaboration with the Ministry of Labor, organised the Open Recruitment Day which witnessed a large turnout of Qatari national graduates and talents seeking careers in the banking sector, supporting job nationalization plan within Qatar National Vision 2030 for sustainable economic growth. This initiative is part of QNB's ongoing programs, in cooperation with the Ministry of Labor, to implement this plan in line with the Third National Development Strategy 2024-2030 aimed at empowering citizens to increasingly participate in the labour market, providing them with unique job opportunities in the financial sector, QNB Group said in a press release. Senior Executive Vice President - Group Human Capital in QNB Group Abdullah Nasser Al Khalifa said: "The significant participation in the event clearly reflets Qatari youth's confidence in QNB as an employer of choice, on the one hand, and our commitment to engage more local talent across various roles, on the other hand. This initiative aligns with Qatar National Vision 2030 which places great emphasis on investing in our youth to support Qatar's sustainable development." "Our strong partnership with the Ministry of Labor demonstrates the success of the bank's nationalization strategy, strengthening the role of local talent in the sector and developing the next generation of leaders, while ensuring diversity and equal opportunity," he added. The event served as an active platform for participants to explore an array of career paths offered the bank and to apply for current openings. They also learned about current training opportunities, scholarships, and leadership development programs to support their career progression and prepare them for future leadership roles within the bank. This initiative underscores QNB's efforts in workforce nationalization which represents a major priority. The bank actively supports job localization, having more than 60% of its total workforce. The proportion of Qatari nationals holding leadership and senior positions increased to 76%, while women represent about 64% from the total Qatari workforce in the bank. At the branch level, the bank has achieved a 100% Qatarization rate for branch managers.