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Doha Bank has launched a first-of-its-kind feature that allows customers to initiate and amend letters of guarantee (LG) directly through the Doha Bank Mobile App.This innovative service marks a new milestone in the bank’s digital transformation journey, simplifying trade finance operations while ensuring efficiency, speed, and security for customers."We are continuously investing in digital innovation to simplify our customers’ banking experience. The introduction of LG services on our Mobile App reinforces our commitment to providing convenient, secure, and technology-driven solutions that support business efficiency and empower our clients to manage their operations with confidence," said Sheikh Abdulrahman bin Fahad bin Faisal al-Thani, Group chief executive officer, Doha Bank.Through this launch, Doha Bank reinforces its position as a pioneer in digital banking innovation, offering solutions that combine speed, transparency, and security. The new feature simplifies processes, reduces turnaround times, and strengthens Doha Bank’s role as a trusted partner for businesses in Qatar and beyond.

The British government agreed a loan guarantee worth £1.5 billion ($2 billion) for Jaguar Land Rover to shore up its cash reserves and supply chain, the trade minister said Sunday, after a damaging recent cyberattack.JLR said on September 2 that it had been targeted by hackers, forcing it to suspend production at its UK factories.The automaker said on Thursday that its IT systems were partly back online as part of a "phased restart", but production would remain on pause until at least October 1.The government announced that it would back the company with a loan guarantee "expected to unlock up to £1.5 billion to give certainty to its supply chain".The move does not mean that the government will lend money directly to JLR, which is owned by India's Tata Motors.Instead, a government credit agency will provide the guarantee for a loan from a commercial bank that will be repaid over five years.Trade minister Peter Kyle said the guarantee "will help support the supply chain and protect skilled jobs in the West Midlands, Merseyside and throughout the UK"."This cyberattack was not only an assault on an iconic British brand, but on our world-leading automotive sector and the men and women whose livelihoods depend on it," he said.JLR has said its partial systems restart was helping to clear a backlog of payments to its suppliers, after unions warned that some were at risk of collapse due to the disruption.Cyber gangs have increasingly targeted luxury brands and retailers, including Britain's Marks and Spencer, Harrods and the Co-op food chain.