DOHA: Barwa Bank has announced the launch of its latest campaign on home financing. Qualified applicants will be receiving up to QR100,000 in cash when they apply for a home finance. This offer is valid until June 30, 2020.

The QR100,000 cash reward is applicable on a financing amount of QR2m spread over a period of 15 years and QR50,000 cash reward when the financed amount is QR2m over 10 years.

In"...

Doha Bank has been recognised for its outstanding performance in the ‘Best Trade Finance Bank’ category at the 13th New Age Banking Summit Awards (NABS Qatar Awards), which was held in Doha recently, the bank said in a statement on Tuesday.
Doha Bank Chief Retail Banking Officer Braik al Marri received the award on behalf of the bank.
In his remarks during the occasion, Marri expressed Doha Bank’s gratitude and appreciation for receiving the NABS’s accolade.
He said, “We are"...

The unjust blockade imposed on Qatar worked as a catalyst for the country's progress, which positively motivated the private businesses and accelerated the pace of economic diversification. The economic blockade against Qatar enhanced and reaffirmed the country’s commitment to become a sustainable economy, said the Chairman of Qatari Businessmen Association, Sheikh Faisal bin Qassim Al Thani (pictured).

Sheikh Faisal, a prominent businessman"...

Doha Bank has reported a net profit of QR754 million for the year 2019 as compared with QR830 million for 2018 after taking significant loan loss provision, the bank announced in a statement
on Monday.
The results were announced during the board of directors meeting, headed by Doha Bank board Chairman Sheikh Fahad bin Mohammad bin Jabor al Thani, in Doha.
The bank’s interest income grew significantly by 7.5 percent to reach QR4.2 billion. The net operating income stood at QR2.8 billion.
Total"...

Doha: Qatari banks and financial institutions which have shown outstanding achievement and contribution to the banking and financial industry have been recognised at the 13th New Age Banking Summit Awards (NABS Qatar Awards), which was held at the Dusit Hotel in Doha recently.

The NABS Qatar Awards, a leading platform for the banking and FinTech sector in the Middle East, honour the best companies and personalities in the industry who have consistently"...

Three people in Qatar has won QR50,000 each from the Qatar National Bank (QNB) in a monthly raffle draw held as part of the bank’s personal loan promotion programme.
Noor Ali al Khater, Khaled Abdulla al Abdulmalek and Tamar Awadikian won the cash prizes in a draw of QNB customers who took loans from the bank between January 1 and 31, 2020. This was the second draw held as part of the programme and was carried out in presence of Ministry of Commerce and Industry representatives. The third draw will be held on"...

Doha: In a big boost to the country’s emerging Small and Medium Enterprises (SMEs), the Ministry of Commerce and Industry (MOCI), in cooperation with Qatar development Bank, yesterday announced the launch of an innovative “Land and Industrial Loan” initiative. Launched under the guidance of H E Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani, Prime Minister and Interior Minister, the initiative is in the context of the State’s ongoing efforts to improve the ease of doing business in Qatar and to bolster"...

Dubai Electricity and Water Authority (DEWA) has achieved a new world record in electricity Customer Minutes Lost (CML) per year. DEWA recorded 1.86 minutes, in Dubai, compared to around 15 minutes recorded by leading electricity companies in the European Union. This is a new addition to DEWA’s record of international achievements in electricity and water services.

“At DEWA, we work according to the vision and directives of our leadership"...

Al Khalij Commercial Bank (al khaliji) has won the ‘Best Premium Bank’ title at the New Age Banking Awards 2020. The award is a recognition of the bank’s relentless efforts over years to adapt to market challenges while introducing premium products and services. al khaliji said in a statement issued on Wednesday.
The award to al khaliji Commercial was presented in a ceremony held in Doha on February 12, 2020.
The New Age Banking Awards 2020 brought banking industry leaders under one roof to discuss"...