For the fourth year in a row, Commercial Bank has won two awards at The Asian Banker’s Banking Awards 2019, Middle East and Africa, the bank said in a statement on Sunday.
The bank won the “Best Cash Management Bank in Qatar” and “Best Transaction Banking service in Qatar” in 2019 award.
Despite increasing competition in the market, Commercial Bank keeps on pioneering innovation and financial solutions in the country, and has maintained its edge.
The double-award win rounds"...

The US Federal Reserve (Fed) has decided to cut rates for the third time this year at its latest monetary policy meeting in October.
The target range for the benchmark fed funds rate was adjusted down by another 25 basis points (bps) to 1.5-1.75 percent. Stated reasons for the cut included “the implication of global developments for the economic outlook as well as muted inflation pressures.”
This decision was widely anticipated. Forward guidance from the official statement and the post-meeting press"...

As part of Doha Bank’s wider strategy to bring professionals with extensive international experience and expertise to the firm in order to facilitate the next level of bank’s expansion plans, Doha Bank has appointed Gudni Stiholt Adalsteinsson (pictured) as Chief Treasury & Investment Officer.

Gudni will be responsible for leadership of the Treasury and Investment team, developing new business growth opportunities and creating customized"...

Al Khaliji Commercial Bank (al khaliji) has sponsored the Asia Pacific Management Accounting Association Conference (APMAA) 2019 hosted by Qatar University, from November 2 to November 5, 2019, the bank said in a statement on Tuesday.
The conference brought together distinguished scientists, researchers, and economists from 36 countries under the theme of “Management Accounting and Finance in the 21st Century: Challenges and
Perspectives”.
Under the patronage of Sheikh Abdullah bin Saoud al Thani,"...

DOHA: QNB, the leading financial institution in the Middle East, Africa and Southeast Asia, organised a number of events and activities during Qatar Sustainability Week 2019 as part of the Group-wide sustainability programme.

Over the course of the week, QNB raised awareness among its employees and customers of the importance of growing environmental challenges, and promoted actions to reduce their impact.

In"...

QNB and Mastercard have announced Abraham Benjamin Pavutheril as the winner of the iconic Aston Martin DB11 V12, the grand prize of the cards summer campaign 2019, the bank said in a statement on Saturday.
The bank also awarded 17 winners with up to QR25,000 cash back based on their summer season spends.
Heba al Tamimi, General Manager, QNB Group Retail, said, “QNB Group cards division continues its dominance in the regional cards and payments business through innovation, technology advancement and relevant,"...

Nebras Power Investment Management, a Dutch affiliate of Nebras Power, has acquired an 80 percent stake in a portfolio of four major solar projects in Brazil, the company announced in a statement on Wednesday.
The collection of four solar power plants has a total installed capacity of 482.6 MW and consists of Salgueiro Solar Holding, Francisco Sa Solar Holding, Jaiba Solar Holding and Lavras Solar Holding. All facilities have power capacities of 100 to 152 MWp.
For Nebras Power, this latest acquisition officially"...

Bashir Al Kahlout (Economic Consultant and Director at Al Byraq Center for Economic and Financial Studies)

Qatar Central Bank has released its Quarterly Bulletin ( September 2019), which included a wide range of Monetary and Banking statistics for the month of September, in addition to the quarterly economic data of GDP, the State Budget, Inflation and the Balance of Payments. QCB in the past few weeks issued some important statistical data contained"...

Qatar First Bank (QFB) has reported a net profit of QR1.54 million for the third quarter ended September 30, 2019, compared with a net loss of QR71.6 million in the same period of 2018, the bank announced in statement on Tuesday.
QFB Chairman Sheikh Faisal bin Thani al Thani commented, “We witness another profitable quarter after generating a net profit in first quarter of 2019 and the outlook is optimistic. It is evident that QFB is harnessing the opportunities created thorough revised strategy where our key"...

Commercial Bank, one of the pioneering private banks in Qatar, sponsored the 16th edition of Heya Arabian Fashion Exhibition, which was held under the patronage of H E Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani.

The five-day exhibition concluded yesterday at the Doha Exhibition and Convention Centre. The fashion exhibition brings together over 250 brands from 11 countries including Qatar, GCC and others, showcasing the latest in Arabian"...