Doha
Developments in US-China trade negotiations have suddenly changed for the worse as the US hiked tariffs on $200 billion of imported Chinese goods from 10 percent to 25 percent.
The action broke the Trump-Xi trade “truce” and added to other measures imposed by the US on China last year, including tariffs on solar panel and washing machines, steel and aluminium, and on $50 billion of other goods.
China has retaliated by imposing tariffs on $60 billion of imported US goods, adding to previous"...

Barwa Bank, Qatar’s most innovative Shariah compliant bank, announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.

As the draw results showed, Almayasa Mohamad Al-Anqar and Noora Ebrahim Al-Abdulghani each won a cash prize of QR10,000. Also, a cash prize worth QR5,000 was awarded to the following bank clients: Morad Onaceur , Abdulrahman Ali Al-Yafei,"...

Doha
Qatar Development Bank (QDB) is making efforts to promote economic development by providing a comprehensive package of advisory, financing and training services for entrepreneurs and small and medium enterprises (SMEs) in the country, its CEO Abdulaziz bin Nasser al Khalifa has said.
He urged SMEs to register in the second edition of ROWAD Award 2019 that seeks to promote the spirit of innovation and entrepreneurship among SMEs in Qatar.
He said this at a QDB Ramadan meeting with a number of entrepreneurs"...

Doha
Commercial Bank will implement Qatar Financial Markets Authority’s (QFMA’s) stock split directive on June 9, thereby becoming the first company in Qatar to implement the directive, the bank announced in a statement on Sunday.
QFMA’s directive issued in December 2018 seeks to regulate the stock split of companies listed at Qatar Stock Exchange (QSE).
The directive stipulates that the nominal value of a share shall be reduced from QR10 to QR1, an initiative that aims to appeal more to"...

Doha
Doha Bank has received the Bizz Award at The Bizz Europe 2019 event, held in Amsterdam, recently, the bank said in a statement on Saturday.
The bank was presented with the Glory Trophy, one of the highest distinctions given by the World Confederation of Businesses (WORLDCOB).
The award recognises the career and steady growth of leading companies.
The award was received by Doha Bank CEO R Seetharaman, who was also honoured with the “World Leader in Finance” award for his professional"...

Qatar National Bank (QNB), the largest financial institution in the Middle East and Africa, yesterday announced the opening of its new branch in the Msheireb Metro Station, thus being the first bank to open a branch in the new station.

The opening of the new branch is testament of QNB’s keenness to provide its customers with easy access to leading banking services anywhere in Qatar or through its international network.

The"...

London Stock Exchange today welcomes Finablr PLC (“Finablr”), a global payments and foreign exchange company, to open London’s markets for trading and to celebrate the listing of the Company’s shares on the Premium Segment of the Main Market of London Stock Exchange.

Finablr is a global platform for Payments and Foreign Exchange solutions underpinned by modern proprietary technology. With deep regulatory know-how, a relentless"...

Doha
Commercial Bank has received The Asian Banker’s Best Retail Bank in Qatar Award for 2019 for the third consecutive year.
Placing customers at the center of its focus, Commercial Bank continuously seeks to build on their technological innovations to provide customers with an outstanding banking experience.
Winning this prestigious award from “The Asian Banker” acknowledges the uninterrupted success of Commercial Bank’s retail banking, the bank said in a statement on Saturday...

As part of its annual Ramadan campaigns, Barwa Bank has announced a suite of customer loyalty reward schemes and experiences, as well as charitable events and activities that will be launched and rolled out for the duration of the Holy Month.

Among its largest customer-centric initiatives is a limited-time Ramadan offer available to all Barwa Bank credit card holders, rewarding their domestic and overseas purchases transacted through these cards"...

Doha: Ahlibank, a leading Qatari-owned financial institution, has launched an exclusive auto loan for Qataris with competitive interest rate of 4.88 percent p.a. reducing rate (2.64 percent pa fixed rate). With easy and fast approval, Qatari customers can borrow up to QR2,000,000, including interest, and with repayment up to 72 months. Approved applicants will also get a fee-free Credit Card for the first year. Offer is valid until 10th June, 2019.

Ahlibank’s"...