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Friday, December 05, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "banking" (15 articles)

The real estate, banking and transport counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.06% to 10,621.19 points.
Business

QSE edges up marginally higher; M-cap adds QR0.61bn

The Qatar Stock Exchange (QSE) Monday settled marginally higher despite losers outnumbering gainers by wide margin.The real estate, banking and transport counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.06% to 10,621.19 points.The foreign funds turned net buyers in the main market, whose year-to-date gains improved to 0.47%.The local retail investors were seen bullish in the main bourse, whose capitalisation added QR0.61bn or 0.1% to QR635.47bn, mainly on microcap segments.The Gulf individuals were increasingly net buyers in the main market, which saw as many as 7,315 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.03mn trade across 10 deals.The foreign individuals continued to be net buyers but with lesser intensity in the main bourse, whose trade turnover and volumes were on the rise.The Islamic index was seen declining vis-à-vis gains in the other indices of the main market, which saw no trading of treasury bills.The domestic institutions turned net profit takers in the main bourse, which saw no trading of sovereign bonds.The Total Return Index was up 0.06% and the All Share Index by 0.15%, while the All Islamic Index shed 0.22% in the main market.The real estate sector index shot up 1.08%, banks and financial services (0.73%) and transport (0.21%); while insurance declined 1.74%, industrials (1.04%), consumer goods and services (0.34%) and telecom (0.27%).As many as 11 stocks gained, while 37 declined and three were unchanged.Major movers in the main market include Beema, Barwa, QNB, Nakilat and Dukhan Bank.Nevertheless, about 73% of the traded constituents were in the red with major shakers being Qatar General Insurance and Reinsurance, Baladna, QLM, Aamal Company, Estithmar Holding, Dlala, Qatar German Medical Devices, Mannai Corporation, Qatar National Cement, Industries Qatar, Gulf International Services, Mesaieed Petrochemical Holding and Vodafone Qatar. In the junior bourse, Techno Q saw its shares depreciate in value.The foreign funds turned net buyers to the tune of QR5.57mn compared with net sellers of QR16.26mn the previous day.The local retail investors were net buyers to the extent of QR2.22mn against net sellers of QR4.8mn on November 30.The Gulf individuals’ net buying increased marginally to QR0.83mn compared to QR0.54mn on Sunday.However, the Arab individual investors turned net sellers to the tune of QR5.86mn against net buyers of QR0.16mn the previous day.The domestic funds were net profit takers to the extent of QR4.97mn compared with net buyers of QR15.63mn on November 30.The foreign individual investors’ net buying declined perceptibly to QR1.69mn against QR2.75mn on Sunday.The Gulf institutions’ net buying weakened markedly to QR0.49mn compared to QR1.92mn the previous day.The Arab institutions’ net buying shrank marginally to QR0.02mn against QR0.04mn on November 30.The main market saw a 16% jump in trade volumes to 110.6mn shares, 64% in value to QR344.03mn and 55% in deals to 16,428.In the venture market, a total of 0.28mn equities valued at QR0.61mn changed hands across 71 transactions. 

The telecom and banking counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.43% to 10,653.13 points, recovering from an intraday low of 10,618 points.
Business

Positive global trends lift QSE sentiment; M-cap adds QR2.87bn

Market EyeMirroring the positive global trends due to strengthening optimism on the US rate cut in December, the Qatar Stock Exchange Sunday gained more than 45 points on the buying support of Gulf institutions. The telecom and banking counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.43% to 10,653.13 points, recovering from an intraday low of 10,618 points.The local retail investors continued to be net buyers but with lesser vigour in the main market, whose year-to-date gains improved to 0.78%. The domestic institutions also continued to be net buyers but with lesser intensity in the main bourse, whose capitalisation added QR2.87bn or 0.45% to QR636.61bn, mainly on midcap segments.The foreign institutions were seen net profit takers in the main market, which saw as many as 801 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR1,839 trade across 13 deals. The foreign individuals turned bearish in the main bourse, whose trade turnover and volumes were on the decline.The Islamic index was seen gaining slower than the other indices of the main market, which saw no trading of treasury bills. The Arab individuals were seen net sellers in the main bourse, which saw no trading of sovereign bonds. The Total Return Index rose 0.43%, the All Share Index by 0.4% and the All Islamic Index by 0.36% in the main market.The telecom sector index shot up 2.11%, banks and financial services (0.64%) and industrials (0.15%); while transport declined 0.71%, consumer goods and services (0.35%), real estate (0.19%) and insurance (0.15%). As many as 17 stocks gained, while 34 declined and two were unchanged.Major gainers in the main market include Ooredoo, Doha Insurance, Lesha Bank, QNB, Qatar Islamic Bank and Industries Qatar. Nevertheless, more than 64% of the traded constituents were in the red with major losers being Widam Food, Dlala, Baladna, Qatar German Medical Devices, Mannai Corporation, Meeza, Gulf International Services, Estithmar Holding, Qatar General Insurance and Reinsurance, QLM, Vodafone Qatar, Gulf Warehousing and Nakilat.In the venture market, Techno Q saw its shares depreciate in value. The Gulf institutions turned net buyers to the tune of QR5.35mn compared with net sellers of QR1.75bn the previous day. However, the foreign funds turned net sellers to the extent of QR3.78mn against net buyers of QR1.45bn last Thursday.The Arab individuals were net sellers to the tune of QR6.43mn compared with net buyers of QR9.5mn on November 20. The foreign retail investors turned net profit takers to the extent of QR5.25mn against net buyers of QR1.86mn the previous day. The local retail investors’ net buying decreased substantially to QR4.88mn compared to QR143.08mn last Thursday.The domestic institutions’ net buying weakened significantly to QR4.4mn against QR142.35mn on November 20. The Gulf individual investors’ net buying eased perceptibly to QR0.84mn compared to QR1.39mn the previous day.The Arab funds had no major net exposure for the fifth straight session. The main market saw a 68% contraction in trade volumes to 95.79mn shares, 90% in value to QR258.82mn and 55% in deals to 14,730. In the venture market, a total of 0.03mn equities valued at QR0.06mn changed hands across six transactions.

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.