Bank of America reported its fourth-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190116005355/en/

• Bank of America newsroom at https://newsroom.bankofamerica.com
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DOHA: Doha Bank, one of the largest private commercial banks in Qatar, has been awarded the coveted ISO 27001 certification, for its entire banking operations in the State of Qatar, in recognition of its compliance with the highest standards in developing and implementing an Information Security Management System (ISMS) to protect customers’ data and maintain the security of stakeholders’ information assets. Doha Bank is the first bank in Qatar to achieve this milestone.

The"...

Qatar National Bank has reported a net profit of QR13.8 billion ($3.8 billion) for the year ended December 31, 2018, up by 5 percent compared to same period last year, the bank announced on Tuesday.
Total assets increased by 6 percent from December 2017 to reach QR862 billion ($237 billion), the highest ever achieved by the group and one of the best set of results in QNB Group’s history, the bank said.
Earnings per share reached QR14.4 ($3.9), compared to QR13.7 ($3.8) in December 2017.
The board of"...

CBFS, the stock broking arm of Commercial Bank, has ranked third in Qatar’s brokerage businesses, accounting for 16.07 percent of trade turnover (QR25.06bn) on the Qatar Stock Exchange for 2018 – an increase of 58.71 percent compared to 2017 thanks to a 36.18 percent expansion in transactions to 295,114.

With recording 29.38 percent of total traded value (QR45.82bn) QNB’s broking arm QNBFS emerged as the topper. The Group Securities"...

Doha
Impressive expansion in the non-hydrocarbon sector will lead to an annual economic growth of 2.7 percent in 2018, 2019 and 2020 compared to 1.6 percent in 2017, National Bank of Kuwait (NBK) has said in its latest report.
According to NBK Economic Update for Qatar, the country is expected to achieve its first fiscal surplus in three years in 2018, which may hit 3.1 percent of the country’s gross domestic product.
Qatar’s non-hydrocarbon sector is expected to grow 4.1 percent and 4.8 percent"...

Qatar Development Bank (QDB) launched the 7th edition of Al-Fikra 2019 National Business Competition.

Al-Fikra is a national business competition that aims to support entrepreneurship development in Qatar through identifying the top business ideas submitted by Qatari leaders who have the potential to transform such ideas into successful business projects.

The applicants’"...

Doha
Registration for this year’s Al-Fikra National Business Competition 2019 is open as Qatar Development Bank (QDB) sets in motion an elaborate process that will see three best entrepreneurial ideas get the funding and backing to become a reality.
Al-Fikra aims to support entrepreneurship development in Qatar by identifying top business ideas of Qatari youths that have the potential to be transformed into successful projects.
The contestants can benefit from a series of workshops by Al-Fikra to help"...

Qatar Development Bank (QDB) extended a financial support of about QR8bn in 2018 to Qatari companies, including small and medium-sized enterprises (SMEs).

QDB, the state-backed entity, noted that it is committed to promoting economic diversification by establishing a cluster of vibrant private sector industries as part of the country’s long term objective to achieve sustainable development.

“The"...

Doha
Remittances from expatriate workers in Qatar amounted to QR31.29 billion in the first nine months of 2018, according to data released by Qatar Central Bank (QCB) recently.
According to the data released as part of Qatar’s balance of payments (BoP) in the third quarter of 2018, total remittances from Qatar in the third quarter of 2018 was worth QR10.316 billion.
Remittances from Qatar amounted to QR10.31 billion and QR10.86 billion in the first quarter and second quarter of 2018 respectively....

Doha
Doha Bank has retained the top rating for the second year in a row in the annual Environmental, Social and Governance (ESG) review of companies listed on Qatar Stock Exchange (QSE) by ESG Invest, the investment research arm of Sustainability Excellence, the bank announced in a statement on Tuesday.
ESG Invest provides comprehensive ESG ratings research reports that quantify the ESG performance of companies in the Arab world. The firm’s team of analysts assess ESG data points across nine sustainability"...