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The Qatar Central Bank (QCB) yesterday launched its mobile application, enabling users to access data, reports, and all updates instantly and efficiently.This initiative is aimed at enhancing the user experience and keeping pace with technological advancements and the requirements of digital transformation within the financial sector.This launch aligns with the Third Financial Sector Strategy and supports Qatar National Vision 2030, which seeks to build a knowledge-based digital economy.The mobile application has been designed according to the latest technical standards, with a user-friendly interface that allows for easy browsing and searching.The mobile application can be downloaded through the App Store.

The Qatar Central Bank (QCB) Sunday launched its mobile application, enabling users to access data, reports, and all updates instantly and efficiently. This initiative is aimed at enhancing the user experience and keeping pace with technological advancements and the requirements of digital transformation within the financial sector.This launch aligns with the Third Financial Sector Strategy and supports Qatar National Vision 2030, which seeks to build a knowledge-based digital economy. The mobile application has been designed according to the latest technical standards, with a user-friendly interface that allows for easy browsing and searching. The mobile application can be downloaded through the App Store.

Indicating the increased use of electronic means in the financial sector, Qatar saw a total of 59.95mn transactions valued at QR18.47bn through the country's payment system in October 2025 as the domestic real time payment service Fawran reported a robust double-digit growth in volumes and value, according to the Qatar Central Bank (QCB) data.The number of transactions and total value grew 8.84% and 10.73% month-on-month respectively in October 2025, the QCB said in its social media handle X.The Qatar Payment System (QPS) is designed on the concept of real-time gross settlement (RTGS) and electronic straight through processing (e-STP).The point-of-sales constituted 50% of the payment system transaction, followed by e-commerce 25%, Fawran or instant payment system at 24% and QMP at 1% in the review period.There were 46.03mn card transactions through point-of-sales – which enables merchants to process payments and log transactions – valued at QR9.19bn in October 2025. The card transactions increased 8.48% and 8.63% month-on-month in volume and value respectively.The e-commerce transactions witnessed as many as 10.82mn transactions valued at QR4.44bn in the review period. The number of transactions and their total value jumped 7.23% and 4.96% respectively compared with September 2025.The point-of-sales and e-commerce together amounted to QR13.63bn through 56.85mn transactions this October, which showed 8.24% and 7.41% surge in volume and value respectively on a monthly basis.Fawran – a real-time payment service in Qatar, allowing users to send and receive money instantly and securely within the country – registered as many as 2.68mn transactions valued at QR4.56bn in October 2025, shooting up 21.27% and 23.58% month-on-month respectively.The total number of Fawran accounts registered a 1.77% month-on-month growth to 3.45mn in the review period.Fawran was launched in 2024 and system members are QNB, Commercial Bank, Qatar Islamic Bank, Ahli Bank, Dukhan Bank, Doha Bank, QIIB and AlRayan Bank.QMP – which allows immediate transfer of funds between registered customers through any registered payment service providers – saw as many as 421,491 transactions valued at QR289.42mn in October 2025. While total number of transactions zoomed 17.26%, total value was down 1.77% against September 2025 levels.There has been a total of 1.22mn registered wallets in the review period, registering a marginal 0.83% increase on a monthly basis.The QMP is a centralised payment system that was launched in 2020, to enable individuals and corporates to perform instant fund transfers between e-wallets within payment service providers in Qatar.The system members are QNB, Commercial Bank, Doha Bank, Qatar Islamic Bank, Ahli Bank, QIIB, Arab Bank, HSBC Qatar, AlRayan Bank, Dukhan Bank, i-pay and Ooredoo Money.The QPS is based on the SWIFT network and messages standards and utilises the SWIFT messages to reconcile and settle the local payments and securities ownership transfers.Qatar's retail payment system comprise electronic cheque clearing system; national network system for ATMS and Points of Sales (NAPS); QMP; direct deposit and debit (QATCH); electronic payment gateway (QPay); wage protection system (WPS); and Fawran.

Qatar Central Bank's (QCB) foreign currency reserves and liquidity rose by 3.08% year-on-year in September 2025, reaching QR 261.050 billion, up from QR 253.242 billion a year earlier, according to data released by the Bank on Tuesday. Official international reserves increased by 3.73%, or QR 7.262 billion, to QR 201.548 billion at the end of September, compared with QR 194.286 billion in September 2024. Holdings of foreign bonds and treasury bills, however, declined by around QR 3.947 billion to QR 132.879 billion. The Bank noted that official reserves mainly comprise foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, Special Drawing Rights (SDRs), and Qatar's quota at the International Monetary Fund (IMF). Additional liquid assets such as foreign currency deposits are also included in the total international reserves. Meanwhile, gold reserves surged by nearly QR 17.953 billion to QR 52.030 billion at the end of September, compared with QR 34.077 billion in September 2024. Qatar's SDR deposits with the IMF edged down by QR 38 million to QR 5.248 billion, while cash balances at foreign banks decreased by about QR 6.706 billion to QR 11.390 billion over the same period.

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.

Qatar Central Bank (QCB) has achieved significant milestone with the launch of the second phase of primary dealer (PD) framework, recording 29 deals with a total value exceeding QR2.8bn to date.About 16% of the primary dealers' share was redistributed to investors on the first day of issuance, the QCB said."This activity marks one of the strongest trading performances in the Qatari secondary market, demonstrating strong investor confidence and high demand for Qatari riyal-denominated financial instruments," QCB said.This was accomplished through the development of an advanced infrastructure for trading outside the stock market, significantly enhancing efficiency and transparency in the secondary market under the supervision and oversight of the QCB.As part of its ongoing commitment to developing the local debt market and promoting Islamic finance instruments, the QCB introduced ljarah sukuk as an alternative to Murabaha sukuk.This initiative aligns with international standards and enables these instruments to be traded, the QCB said.Ijarah sukuk have witnessed widespread demand from both Islamic and non-Islamic banks, and have been traded alongside conventional bonds, reflecting growing confidence in Islamic financial instruments and the effectiveness of the new regulatory framework.The PD frameworks seeks to strengthen the government securities issuance, enhance secondary market liquidity, and build investor confidence with further opportunities for participantion in future isduances.

The total assets of commercial banks in Qatar scaled up 6.5% to QR2.12tn in July this year compared to the same period in 2024, according to latest data issued by the Qatar Central Bank (QCB).Total domestic deposits with local banks rose 2.3% to QR852.3bn in July compared to the same period last year. Total credit disbursed by the local banks totalled QR1.34tn in July, up 5.5% on the same period in 2024. Broad money supply (M2) increased by 1.7% to QR739.5bn in July, compared to the same period in 2024, the QCB noted. M2 is an estimate of liquid assets, including cash on hand, money deposited in checking accounts, savings accounts, and other short-term saving vehicles such as money market funds and certificates of deposit.An increase in the country's bank assets, deposits, and credit indicates a growing banking sector, which clearly suggests an expansion of the money supply and increased economic activity. A healthy banking sector with growing assets and credit improve access to capital for businesses and households, facilitating their growth and development.