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Sunday, February 15, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "QIIB" (17 articles)

Gulf Times
Qatar

QIIB participates in Qatar Central Bank’s National Sport Day activities

QIIB participated in the activities organised by Qatar Central Bank on National Sport Day, reflecting the bank’s commitment to entrenching a culture of sport as a healthy and sustainable lifestyle within Qatari society. The activities witnessed wide participation from QIIB’s senior management and employees, and included a variety of competitions, such as running, football, volleyball, tennis, and other sports, held in a positive and interactive atmosphere aimed at enhancing physical activity, fostering team spirit, and translating the values embodied by National Sport Day as a unifying national occasion that invites all segments of society to practise sport and care for public health.**media[415541]**On this occasion, QIIB was keen to invite its customers and followers through its digital platforms and social media channels to adopt a healthy lifestyle and practise sport regularly, given its direct impact on improving quality of life and enhancing community productivity. Through its strategy and presence in various sports-supporting activities, QIIB views National Sport Day as an important national milestone through which it affirms that sport is not a seasonal event, but a way of life reflecting society’s awareness of the importance of physical and mental health, and reinforcing positive human interaction among different segments of the community. QIIB’s participation in this occasion comes in line with the bank’s institutional vision that places people at the heart of development. Its support for sport is driven by the reality that Qatar has become a global model in utilising sport as a developmental, economic and social tool. Qatar has succeeded in building an integrated sports ecosystem combining advanced infrastructure, professional organisation and the hosting of major international tournaments, which has been directly reflected in community sport and the spread of healthy lifestyles among citizens and residents. QIIB views its support for sport as an integral part of its social responsibility. Accordingly, the bank is keen to sponsor and participate in many national sporting events and activities, foremost among them the sponsorship of the national teams and the Amir Cup for three years, in addition to sponsoring the Arab Cup, and supporting prominent sports institutions, such as Al Shaqab and Al Gharafa Club, as well as other initiatives and events that contribute to developing Qatari sport and strengthening its presence locally and regionally. These orientations are consistent with Qatar National Vision 2030, which places people at the forefront of development priorities and emphasises building a healthy, productive society capable of engaging with future requirements. They also align with the Third Financial Sector Strategy launched by Qatar Central Bank, which places great importance on environmental and social governance and on the role of financial institutions in serving society and achieving sustainable development. QIIB’s vision for sport intersects with major developments in the sports sector, as sport is no longer merely a physical activity, but has become an influential sector in the national economy, contributing to creating opportunities, enhancing tourism, building the state’s image, and consolidating values of competitiveness, discipline and achievement. Hence, QIIB is keen to be an active partner in this journey by supporting initiatives that promote these values within society. QIIB’s participation in the Qatar Central Bank National Sport Day activities reaffirms the bank’s belief that true investment is investment in people, and that a healthy work environment begins with caring for individual health, fitness and psychological balance, which positively reflects on performance, productivity and service to the community. 

QIIB's total assets amounted to QR62.6bn, representing a 4.4% yearly growth; while financing assets rose by 6.7% to QR41bn
Business

QIIB net profit surges 7.2% to QR1.35bn in 2025; recommends 53% cash dividend

QIIB has reported a 7.2% year-on-year increase in net profit to QR1.35bn in 2025 and recommended a total 53% dividend.Earnings-per-share (EPS) increased to QR 0.82 in 2025, reflecting the lender’s ability to deliver sustainable value to its shareholders.The results demonstrate QIIB’s continued strong performance and balanced growth across all financial indicators, underpinned by the strength of the Qatari economy, efficient operational and credit policies, and commitment to global best practices in governance and risk management.Total assets amounted to QR62.6bn, representing a 4.4% yearly growth; while financing assets rose by 6.7% to QR41bn."The 2025 results underscore QIIB’s robust financial position and the success of our strategy in achieving balanced, sustainable growth," said Sheikh Dr Khalid bin Thani bin Abdullah al-Thani, its chairman.The board has recommended an additional 29% (QR0.29 a share) cash dividend, bringing the total dividends for the year to 53%. This recommendation remains subject to approval by the Qatar Central Bank and the general assembly of shareholders.Total deposits rose 4.6% year-on-year to QR43.3bn in 2025, reflecting customers’ growing trust in QIIB’s comprehensive Shariah-compliant banking solutions across both the retail and corporate segments."2025 was a year of qualitative achievements; we accelerated digital transformation, expanded our product suite, and solidified our presence in local capital markets," said Dr Abdulbasit Ahmed al-Shaibei, QIIB chief executive officer.Sheikh Khalid said the bank has consistently strengthened its financial and operational indicators while maintaining high levels of efficiency and asset quality; “reinforcing the confidence of our shareholders and customers alike"."In 2025, the bank further optimised operational efficiency, achieving a cost-to-income ratio of 18.6%, among the best in the local banking sector. We also maintained high asset quality, with the non-performing financing ratio at 2.9% and a coverage ratio of 100%, validating the effectiveness of our risk management framework," Dr al-Shaibei said.Total equity reached QR10.1bn, while the capital adequacy ratio (Basel III) stood at 20.1%, well above the regulatory requirement, according to him.On digital innovation and strategic partnerships, he said the year 2025 marked significant milestones in QIIB’s digital journey. The bank invested heavily in technological infrastructure and expanded its mobile and internet banking services.In this regard, he highlighted that QIIB is the first bank in Qatar to launch the ‘SWIFT GPI Tracker’ on its mobile app and introduced the innovative 'Click to Pay' feature in collaboration with Visa.The bank also forged high-impact partnerships, including a strategic alliance with national carrier Qatar Airways to launch a first-of-its-kind co-branded product, allowing customers to earn ‘Avios’. Furthermore, QIIB signed a memorandum of understanding with United Development Company (UDC) to facilitate real estate financing in the 'Hazoom Lusail' project.QIIB also listed its first Sukuk on the Qatar Stock Exchange by the end of 2025, aimed at diversifying funding sources and supporting the local Islamic debt market.

Sheikh Ali bin Abdullah al-Thani
Business

QIIB appoints Sheikh Ali bin Abdullah al-Thani as Human Resources head

QIIB has announced the appointment of Sheikh Ali bin Abdullah al-Thani as head of Human Resources, in line with the bank’s strategy to empower Qatari talent and strengthen their presence across key areas of the banking sector. The move reflects QIIB’s alignment with Qatar National Vision 2030, which places strong emphasis on investing in human capital and developing national leadership. The appointment comes as part of QIIB’s ongoing efforts to develop its human resources framework further, enhance its efficiency, and strengthen its role as a strategic partner in achieving the bank’s operational and developmental goals, particularly in the areas of Qatarisation, capacity building, and institutional performance sustainability. Sheikh Ali brings with him a strong academic and professional background. He holds a Bachelor’s degree with Honours in Finance and Investment Management from Northumbria University in Newcastle, and has gained practical experience in investment, human resources, and general management, equipping him well to take on his new role with confidence and competence. Commenting on the appointment, Ali Hamad al-Mesaifri, head of Human Resources and Administration at QIIB, stated: “The appointment of Sheikh Ali bin Abdullah al-Thani as head of Human Resources reflects QIIB’s strong and ongoing commitment to empowering qualified Qatari talent and entrusting leadership roles to capable young professionals, an approach that directly supports the bank’s strategic objectives. “The Human Resources Department plays a vital role in supporting institutional performance, fostering a culture of excellence, and developing human capital. We are confident that Sheikh Ali’s competence and professionalism will contribute significantly to advancing the bank’s HR policies and practices, enhancing its ability to attract, develop, and retain top talent in line with QIIB’s vision and plans.” He added: “This appointment falls in line with QIIB’s human resources strategy, which is fully aligned with government directives, the plans of the Ministry of Labour, and the objectives of Qatar National Vision 2030, particularly the goal of developing national talent capable of leading the banking sector in the future.” For his part, Sheikh Ali expressed his pleasure in joining the QIIB team: “I am delighted to join QIIB, a leading national banking institution. I extend my sincere thanks and appreciation to the bank’s management for their trust, an honour I consider a great responsibility and a strong motivation to work with dedication and commitment. “I look forward to contributing to the development of QIIB’s human resources framework and working closely with the team to achieve the department’s objectives. Our aim is to foster a motivating and excellence-driven work environment, one that positively impacts employee performance and supports the bank’s strategic goals.”

The agreement, signed by QIIB chairman Sheikh Dr Khaled bin Thani bin Abdulla al-Thani and Al-Gharafa SC president Sheikh Jassim bin Thamer al-Thani, was also attended by QIIB CEO Dr Abdulbasit Ahmed al-Shaibei; Sheikh Mohammed bin Jassim al-Thani, head of Football at Al-Gharafa; and Rashid Issa al-Dossary, general manager of the club, along with several senior officials from both parties.
Qatar

QIIB signs sponsorship deal with Al-Gharafa SC for two football seasons

QIIB has signed a sponsorship agreement with Al-Gharafa SC as part of its ongoing strategy to support Qatari sports and to build strong, long-term partnerships. Under the agreement, QIIB will be the club’s official sponsor for the 2025–2026 and 2026–2027 football seasons. The partnership reflects the close and successful relationship between the two sides and highlights QIIB’s active role in supporting clubs, national teams, and major sporting events in Qatar.The agreement was signed by QIIB chairman Sheikh Dr Khaled bin Thani bin Abdulla al-Thani and Al-Gharafa SC president Sheikh Jassim bin Thamer al-Thani during a ceremony attended by senior representatives from both sides.The event was also attended by QIIB CEO Dr Abdulbasit Ahmed al-Shaibei; Sheikh Mohammed bin Jassim al-Thani, head of Football at Al-Gharafa; and Rashid Issa al-Dossary, general manager of the club, along with several senior officials from both parties.The agreement reflects QIIB’s continued commitment to supporting Qatari sports and building strong national partnerships with leading clubs, including Al-Gharafa SC. With a proud history, strong presence in local and regional competitions, and a wide, loyal fan base, Al-Gharafa SC remains a key name in Qatar’s sporting landscape.The sponsorship will include the bank’s presence across the club’s various platforms, support for its sports and media programmes, and contributions to strengthening the club’s professional environment, all aimed at enhancing team performance and helping the club achieve its competitive and fan-driven ambitions, in line with its future vision and goals.Sheikh Dr Khaled said, “This sponsorship reflects QIIB’s continued commitment to supporting national sports clubs and our firm belief in the vital role of sports in personal development, fostering national pride, and keeping pace with the comprehensive progress taking place in Qatar under the leadership of His Highness the Amir Sheikh Tamim bin Hamad al-Thani.“The bank has supported the club across several football seasons in the past, a successful and valued partnership that we take great pride in. It laid the foundation for a relationship built on trust, mutual respect, and true collaboration.”He added: “At the heart of this strategy is our sponsorship of Qatar’s national football teams and our three-year sponsorship of the prestigious Amir Cup, in addition to our support for several national and international sporting events. This reflects our commitment to contributing to the remarkable progress of Qatari sports across all fields and keeping pace with Qatar’s rise as a leading global sports hub.”Sheikh Jassim confirmed that Qatar’s remarkable sporting progress and its global recognition are the result of the country’s outstanding success in hosting major international events. He said, “Thanks to the generous patronage of His Highness the Amir and his unwavering commitment to advancing Qatari sports, our country has rightfully earned its place as the sporting capital of the Middle East.“From our perspective, QIIB’s sponsorship is more than just support; it reflects a shared vision and deep alignment with the national direction set by His Highness the Amir. This is exactly what we’ve come to expect from QIIB, a leading Qatari institution with a strong and proven commitment to sports. The bank’s ongoing partnerships with clubs and federations across the country stand as a model for meaningful, long-term collaboration in the sporting sector.”Sheikh Jassim also said, “I’m confident that this sponsorship will deliver meaningful results for both sides, especially given Al-Gharafa’s strong standing in Qatari and Asian football, its proud history of achievements, and its large and loyal fan base. In recent years, the club has remained a serious contender for domestic titles, earned back-to-back appearances in Asia’s elite competitions, and, most recently, won the prestigious Amir Cup.“Our current position at the top of the league table is further proof of our momentum, and we hope that this progress will inspire more Qatari institutions and sponsors to follow QIIB’s example in supporting national sports.”Dr al-Shaibei said, “QIIB’s sponsorship reflects the bank’s ongoing commitment to supporting national sports. We see sports as a key driver of community development and a powerful platform for promoting positive values such as teamwork, discipline, and ambition.”He added: “At QIIB, we are committed to forming partnerships that deliver real, lasting impact, both in sports and within the broader community. We believe that supporting established national clubs like Al-Gharafa SC contributes to building a strong, achievement-driven sports ecosystem.“This sponsorship also aligns with our institutional direction and the Third Financial Sector Strategy launched by Qatar Central Bank, which emphasises governance, sustainability, and social responsibility, all key pillars of Qatar National Vision 2030.”Sheikh Mohammed said, “We are very pleased with this partnership, which brings together two respected names with strong standing in Qatari society. QIIB, in particular, holds significant economic weight as a leading institution with a well-established role in the national banking sector.”He added: “This sponsorship is a natural extension of QIIB’s commitment to national engagement. We believe it also strengthens the social role of both parties, as we remain united by a shared goal: to contribute, each in our own way, to the continued progress and prosperity of the people of Qatar.” 

The award was received by QIIB Chief Operations Officer Mohammed Khair Barhoumeh from Seemanti Borkotoky, Head of FI sales Middle East at Citibank, during a ceremony held at QIIB’s headquarters in Doha.
Business

QIIB gets 'Excellence Award' for 'Straight Through Processing' in international payments by Citibank

QIIB has once again been awarded the 'Excellence Award' for Straight Through Processing (STP) in international payments by Citibank New York, reaffirming the bank’s consistent operational strength and its ability to maintain superior performance standards in cross-border payment processing.The award was received by QIIB Chief Operations Officer Mohammed Khair Barhoumeh from Seemanti Borkotoky, Head of FI sales Middle East at Citibank, during a ceremony held at QIIB’s headquarters in Doha.The event was attended by Sammy Yassin at Citibank, and Mahmoud al-Ahmad, Head of Treasury and Investments at QIIB and Najeeb Ahmed Nasiruddin, Head of Payments and International Operations at QIIB.Citibank stated that renewing this recognition reflects QIIB’s sustained excellence in executing international payments, its adherence to stringent global standards, and its continued enhancement of technological infrastructure to ensure seamless, accurate, and efficient processing without manual intervention.Commenting on the occasion, Barhoumeh said: “Receiving this award once again from Citibank New York underscores the strength and consistency of QIIB’s operational framework. It highlights our commitment to delivering reliable, high-quality payment services through continuous investment in technology and people.”He added: “Straight Through Processing plays a vital role in ensuring speed, accuracy, and reliability in international payments. Our focus on this area enables us to provide our customers with efficient services that meet the highest expectations of the global banking industry.”Barhoumeh further noted that QIIB continues to advance its digital transformation strategy, emphasising that ongoing technological enhancements have contributed to improved operational efficiency and elevated customer satisfaction.He concluded by reaffirming QIIB’s commitment to strengthening its long-standing partnership with Citibank, aiming to deliver mutual value and ensure the consistent provision of international payment services in line with the highest industry standards. 

QIIB chief executive Dr Abdulbasit Ahmad al-Shaibei and human resources and administration chief Ali Hamad al-Mesaifri at the ‘Health Day’ for QIIB employees, which was organised at the bank’s headquarters in co-operation with the QRCS.
Qatar

QIIB organises ‘Health Day’ for employees with QRCS

QIIB organised a “Health Day” for its employees at the bank’s headquarters, in co-operation with the Qatar Red Crescent Society (QRCS), as part of the ongoing collaboration between the two sides.The event was aimed at raising awareness about common illnesses, particularly daily health concerns, and to encourage the adoption of a healthy and sustainable lifestyle.Employees from across the bank’s departments and divisions took part in the Health Day, which featured a range of interactive medical screenings, including blood pressure checks, blood sugar testing, body mass index (BMI) measurement, and vision tests.“We organised this Health Day because we believe that good health is essential to building a stable and sustainable institution,” said QIIB human resources and administration chief Ali Hamad al-Mesaifri.**media[396899]**“A healthy employee is better equipped to contribute, innovate, and perform, which in turn enhances overall work quality and the work environment,” he said. “Our focus on the health and wellbeing of all employees also supports Qatar National Vision 2030, which highlights the importance of health as a key pillar of human development.”“At QIIB, we are keen to adopt impactful initiatives that raise health awareness and encourage our employees to take care of their daily well-being, not only through medical check-ups, but also by promoting a culture of prevention and supporting a healthy, balanced lifestyle,” al-Mesaifri added.“Our collaboration with the QRCS reflects the bank’s commitment to partnering with leading national institutions known for their extensive expertise,” the official said. “Initiatives like this demonstrate QIIB’s dedication to its social responsibility toward its employees and its ongoing efforts to provide a work environment that supports both physical and mental well-being.” 

QIIB chairman Sheikh Dr Khalid bin Thani bin Abdullah al-Thani and CEO Dr Abdulbasit Ahmed al-Shaibei leading the bell-ringing ceremony Wednesday, in the presence of QSE CEO Abdullah Mohammed al-Ansari and other dignitaries.
Business

QIIB lists 1st Islamic sukuk in QSE history

Qatar International Islamic Bank (QIIB) listed its sukuk on the Qatar Stock Exchange (QSE) Wednesday, marking a landmark milestone as the first Islamic sukuk to be traded in the QSE’s history.The sukuk issuance worth QR500mn offers an annual return of 4.40% with a three-year maturity. The listing represents a significant addition to Qatar’s Islamic finance market, contributing to greater market depth and the diversification of Shariah-compliant investment products.The listing was highlighted by a bell-ringing ceremony held in the presence of QIIB chairman Sheikh Dr Khalid bin Thani bin Abdullah al-Thani, QSE CEO Abdullah Mohammed al-Ansari, and QIIB CEO Dr Abdulbasit Ahmed al-Shaibei.The listing of the QIIB sukuk represents an important milestone for Qatar’s debt capital market, as it expands the bank’s financing options and enables access to a broader investor base. It also enhances financial flexibility, supports diversification of funding sources, and strengthens the bank’s financial stability and competitiveness in both the local and regional banking markets.Sheikh Dr Khalid said, “This listing comes at a time when the Qatari economy continues to demonstrate strong performance and an advanced standing that attracts investors from around the world, reflecting the high level of confidence in the national economy and its financial institutions.“The listing of the bank’s sukuk on Qatar Stock Exchange provides local and regional investors with access to high-quality financial instruments, enhances liquidity, and contributes to the depth of Qatar’s financial market. This step is aligned with QIIB’s strategy to diversify its activities and further strengthen its financial position both locally and internationally.”He also affirmed that QIIB has achieved accelerated growth and significant performance improvements in recent years, supported by technological advancement, digital transformation, and its strong credit profile. He noted that the bank has maintained an ‘A2’ credit rating from Moody’s and an ‘A’ rating from Fitch Ratings, both with stable outlooks, reflecting the strength of its financial position and the effectiveness of its management.Al-Ansari welcomed the move, stating that the listing will enable issuers to introduce innovative, Shariah-compliant financing products that enhance investor confidence and reinforce Qatar’s position as a regional hub for Shariah-compliant investment. He noted that such products also respond to investor demand for Islamic investment solutions backed by real underlying assets.He said, “This listing is directly aligned with the Third Financial Sector Strategy, particularly in expanding the range of investment products available in the market and deepening the capital market by increasing its maturity and capacity to accommodate diversified investment instruments that meet the varying needs of investors.”Al-Shaibei said, “The listing of the QIIB sukuk represents a historic and strategic step that reflects our long-term vision to deepen our presence in capital markets and expand financing options through diversified financial instruments that meet the expectations of a broad investor base. Over recent years, we have witnessed strong demand for QIIB sukuk in international markets, particularly on the London Stock Exchange.“Today, the bank has chosen to list its sukuk on the Qatar Stock Exchange based on several key considerations, including strengthening the depth of Qatar’s financial market through the introduction of high-quality investment instruments, enabling Qatari investors and local institutions to access instruments previously listed abroad, diversifying funding sources, expanding the investor base, and aligning with the Qatar Central Bank’s direction to develop capital markets in support of Qatar National Vision 2030.” 

QIIB Chief Executive Officer Dr Abdulbasit Ahmad al-Shaibei.
Business

QIIB successfully issues $500mn sukuk; transaction attracts strong global demand

QIIB, rated ‘A2’ by Moody’s with a stable outlook and ‘A’ by Fitch Ratings with a stable outlook, announced the successful issuance of a $500mn senior unsecured Sukuk with a five-year maturity, issued under 'Regulation S' as part of the bank’s existing $2bn Trust Certificate Issuance Programme. The transaction attracted strong demand from regional and international investors, with total orders exceeding $2bn — more than four times the issue size, QIIB said Saturday. This remarkable demand underscores investor confidence in QIIB and reflects the continued strength and resilience of Qatar’s economy, which continues to offer attractive investment opportunities across diverse sectors. The sukuk was priced at a profit rate of 85 basis points above the five-year US Treasury rate, with a final yield of 4.548% per year — one of the most competitive pricing levels achieved by Islamic financial institutions for similar issuances. Notably, allocations to investors outside the GCC exceeded 49% of the transaction. The issuance was arranged and marketed by a syndicate of leading global and regional banks acting as Joint Lead Managers and Joint Bookrunners, including: Al Rayan Investment LLC, ABC Bank, Citi, Dubai Islamic Bank, Dukhan Bank, Emirates NBD Capital, HSBC, Mashreq, QNB Capital, Standard Chartered Bank, ICBC, and The First Investor. Ahead of the issuance, QIIB conducted a global investor call, followed by a series of virtual meetings and in-person investor meetings in London recently. Commenting on the successful issuance, QIIB Chief Executive Officer, Dr Abdulbasit Ahmad al-Shaibei, stated: **media[379021]** “The successful completion of this sukuk issuance represents a significant milestone that reaffirms QIIB’s strong financial position and the continued confidence of global investors in both the bank and the Qatari economy, which remains robust and highly attractive to investors. The issuance received strong demand from a wide range of investors across different regions, reflecting QIIB’s standing as a leading Islamic financial institution.” He noted, “The competitive pricing and strong order book demonstrate QIIB’s sustained appeal in international capital markets, supported by our solid credit ratings, high operational efficiency, and prudent risk management. This issuance further contributes to diversifying the bank’s funding base and supports the growth plans approved by our Board of Directors.” Al-Shaibei also highlighted QIIB’s consistent track record in the sukuk market, noting: “QIIB has a solid and proven history in sukuk issuances. We previously issued Additional Tier 1 Sukuk and other sukuk that were significantly oversubscribed by investors worldwide. We were also the first Qatari institution to issue a 'Sustainable Sukuk', which attracted exceptional interest from sustainability-focused funds — enhancing our global profile and diversifying our investor base.” He concluded: “We will continue to strengthen the bank’s portfolio and expand our presence in international capital markets, in line with QIIB’s strategic direction and Qatar National Vision 2030.”

Gulf Times
Qatar

QIIB names winners of ‘Joud’ September draw

QIIB has announced the names of 15 winners of the ‘Joud’ Savings Account prize draws for September, including five winners of the quarterly prizes, each worth QR50,000, and 10 winners of the monthly prizes, each worth QR10,000.The draw was conducted at the bank’s headquarters in the presence of a representative from the Ministry of Commerce and Industry, as well as a number of QIIB senior officials.The quarterly prize winners – September (QR50,000 each) are: Maryam Ali al-Malki, Mahdi Mohammed al-Ahbabi, Akram Ahmad Ali, Mohammed Arhama al-Kuwari and Abdulla Yousuf al-AliMonthly prize winners – September (QR10,000 each) are: Hayat Mohammed al-Tamimi, Shafqat Zaman Abdulqyyum, Maryam Mubarak al-Fadala, Rashid Eissa al-Mesaifri, Mansoor Abdulla al-Emadi, Khalid Ali Saifeldin, Reem Ali al-Mazrey, Noor Ahmad al-Emadi, Maryam Mohammed al-Rumaihi and Mohamed Ali al-Karbi.‘Joud’ savings account is a competitive and rewarding savings product that offers customers significant benefits, most notably the opportunity to win valuable cash prizes, in addition to receiving quarterly profit distributions. The account provides flexibility, allowing customers to deposit and withdraw funds at any time.Each year, a total of 141 prizes are awarded under the ‘Joud’ savings account, including one grand annual prize of QR1,000,000, 20 quarterly prizes (five per quarter), each worth QR50,000 and 120 monthly prizes (10 per month), each worth QR10,000.Every customer who holds a “Joud” Savings Account with QIIB is eligible to enter the prize draws. Each QR10,000 balance in the account qualifies the customer for one entry in the various draws conducted throughout the year.

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 agreement represents an important step in supporting the significant urban development taking place in Lusail City, which has become one of the most prominent residential, commercial, and investment destinations in Qatar, attracting increasing interest from both individuals and companies.
Business

QIIB, Qatari Diar sign MoU to finance customers’ plot purchase in Huzoom Lusail Project

QIIB and Qatari Diar Real Estate Investment Company have signed a Memorandum of Understanding (MoU) aimed at enhancing co-operation in real estate development and financing, by enabling the bank to provide financing for purchase of plots in the Huzoom Lusail project in line with its financing terms and conditions. Huzoom is a key real estate development in Lusail City wholly-owned by Qatari Diar. The MoU was signed by QIIB Chief Executive Officer Dr Abdulbasit Ahmad al-Shaibei and Qatari Diar Chief Executive Officer Ali Mohamed al-Ali in the presence of senior officials from both sides. The agreement represents an important step in supporting the significant urban development taking place in Lusail City, which has become one of the most prominent residential, commercial, and investment destinations in Qatar, attracting increasing interest from both individuals and companies. Huzoom Lusail project, is part of Lusail City, and is one of the ambitious developments that aligns with Qatar’s Vision 2030, and which aims to diversify the economy and boost investments in infrastructure and urban development. The MoU also reflects the commitment of both parties to build strategic partnerships that contribute to strengthening the real estate sector as a key pillar of the national economy. It further highlights QIIB’s commitment to financing major development projects and providing real estate solutions tailored to the needs of various customer segments, meeting their housing and investment aspirations. Al-Shaibei said: “We are delighted to sign this MoU with Qatari Diar, one of the leading real estate development companies in Qatar and the region. We are confident that this partnership will enhance the range of real estate financing options available to customers who are seeking to invest in the Huzoom Lusail Project. “At QIIB, real estate financing is a top priority, as it is a key driver of the country’s urban renaissance. We are always keen to provide the best real estate financing products with flexible terms, easy procedures, and extended repayment periods, in alignment with Qatar National Vision 2030 and in support of comprehensive economic development.” He noted: “QIIB has developed a wide range of real estate financing solutions that address the needs of both individuals and corporates. We consistently innovate in designing these solutions to ensure financial inclusion and accessibility for all customer segments. “Expanding such partnerships with leading institutions like Qatari Diar reflects our commitment to empowering our customers to seize investment opportunities in Qatar’s real estate market under the best possible terms and conditions.” He concluded: “We are confident that the Huzoom Lusail Project will be one of the most attractive developments for investors in the coming period, thanks to its prime location and integrated services. At QIIB, we remain committed to providing the best financing facilities that deliver added value to our clients and help them achieve their housing and investment ambitions.” Al-Ali stated: “We are pleased to sign this MoU with QIIB, an important step in our efforts to provide practical financing solutions for purchasing plots in the Huzoom Lusail project. This project is one of Qatari Diar’s landmark developments in Lusail City and will represent a significant addition to Qatar’s real estate sector, as it embodies an integrated model for developing urban communities that combine living, working, and leisure, in line with the comprehensive renaissance the country is witnessing. “We are confident that this partnership with QIIB will further enhance the project’s attractiveness and open new horizons for both local and international investments.” He added: “Through this cooperation with QIIB, we look forward to enabling customers to seize the investment opportunities offered by the project and benefit from the diverse real estate financing options provided by the bank.”

Gulf Times
Qatar

QIIB nurtures Qatari talent by appointing new employees to bank cadre

In line with its commitment to supporting government directives and Qatar National Vision 2030, which emphasises investment in human capital and serving Qatari society, QIIB has announced the appointment of a new group of employees across various departments of the bank, with Qataris and children of Qatari women making up a significant proportion of the new hires. This latest addition reflects QIIB’s continued dedication to attracting top talent, offering them the opportunity to contribute to the bank’s growth, and providing them with comprehensive training and development programmes that enable them to perform their duties with high efficiency. These programmes also support their career progression and prepare them for future leadership roles within the bank. For decades, QIIB has been at the forefront of contributing to national development, particularly through job localisation and attracting Qatari professionals, while continuously investing in human capital as a key pillar of sustainable development. During his meeting with the new employees, accompanied by a number of senior executives, QIIB chief executive Dr Abdulbasit Ahmad al-Shaibei welcomed them to the “bank’s family”, congratulated them on the start of their career journey, and urged them to exert their utmost efforts in fulfilling their responsibilities, thereby strengthening the bank’s position in the banking sector. “At QIIB, we believe that investing in people is the most valuable investment,” Dr al-Shaibei stated. “We consistently strive to attract outstanding talent and provide the best training and development programmes, enabling our employees to advance their careers and acquire vital expertise.” “We are particularly proud that a significant proportion of our new hires are Qataris and children of Qatari women, which aligns with our HR strategy and the government’s objectives for job localisation,” he said. “We will continue to empower Qatari youth by offering them diverse career opportunities within the bank, equipping them with the necessary tools for success, and enabling them to play an active role in the banking sector while contributing to the national economy,” Dr al-Shaibei added. “QIIB’s human resources strategy is fully aligned with government directives and the Ministry of Labour’s plans to strengthen the participation of Qataris in the private sector, particularly in banking,” he continued. “We are committed to ensuring that all our recruitment and training initiatives are consistent with the goals of Qatar National Vision 2030 and the National Development Strategy, helping to build a qualified cadre capable of leading the future of the banking sector.”