QIB Net Profit Increases by 12.87% in First Nine Months

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QIB Net Profit Increases by 12.87% in First Nine Months of 2022

The net profit of Qatar Islamic Bank (QIB) (a Qatari public shareholding company) increased by 12.87 % in the first nine months of 2022 to reach QR 2.850 billion, compared to QR 2.525 billion in the same period last year. The bank's data showe..
Commercial Bank Wins "Best Bank in Qatar" Award at Global Finance's World Best Banks Awards Ceremony

Commercial Bank has been selected as the winner of the "Best Bank in Qatar" Award for the third time in five years by Global Finance's editorial board based on extensive consultation with bankers, consultants and industry analysts. I..
QU & Qatar Development Bank Launch New Edition of Al Fikra National Entrepreneurship Competition

Qatar University (QU) and Qatar Development Bank (QDB) launched a new version of the , Qatar Development Bank ‘Al Fikra,’ which has been redesigned to specifically target universities and higher education institutions in Qatar. The a..
QCB announces work structure for all financial institutions during Qatar World Cup

The Qatar Central Bank (QCB) announced today, October 11, 2022, the work structure for all financial institutions in the country during the 2022 FIFA World Cup. In a tweet, QCB said: On the occasion of the country’s organization of the FI..
Qatar Central Bank Cautions Social Media Users Against Fraud Schemes

Qatar Central Bank noted that the name and logo of the bank have recently been used in attempts to fraudulent operations targeting individuals on some social media. The Qatar Central Bank warns individuals to be careful and obtain correct and accurat..
UDC Signs MoU with Commercial Bank to Provide Financing Facilities for The Pearl and Gewan Islands

The United Development Company (UDC), a Qatari shareholding company, entered a memorandum of understanding (MoU) with The Commercial Bank (CBQ) with an aim to provide attractive home loans for UDC properties at its flagship developments, The Pearl an..
Woman with toy gun grabs trapped savings from Beirut bank

A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings. Sali Hafez told the local Al-Jadeed TV that she needed the money to fund her sis..
Qatar Central Bank to develop payment infrastructure

The development of the infrastructure for payment and settling systems will begin on Tuesday, September 13, 2022, according to the Qatar Central&..
QIB Named Best Performing Bank in Qatar by Banker Magazine

The Banker magazine has recently recognized Qatar Islamic Bank (QIB), as the Best Performing Bank in Qatar in the Top 100 Arab Banks Rankings for 2022. Ranking Qatars five largest banks by Tier 1 Capital, excluding foreign-owned subsidiaries, QIB ..

Desert Falls Live a Little — VIDEO OF THE WEEK

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