Qatar National Bank - Qatar

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Recent Articles

• Qatar GDP predicted to grow by 18% in 200912 October 2008

  Researchers at Qatar National Bank predict major growth despite current global turmoil.

• Qatar National Bank Q3 profit surges to a record11 October 2008

  Quarterly profit at Qatar's largest lender jumps 76% to $313mn, beating forecasts.

• Dubai, Kuwait buck shares slump in Gulf region3 September 2008

  Saudi slips for the third day running as selling pressure from foreigners hit bourses.

• Qatar Natl Bank to buy 24% of UAE bank27 August 2008

  Stake in CBI 'strategic move' to broaden footprint, says Qatar National Bank.

• Qatar's QNB ups stake in Jordanian bank17 August 2008

  Jordan's Housing Bank for Trade and Finance has operations in eight Arab countries.

• Qatar National Bank to build 'one of world's tallest buildings'10 August 2008

  Report says new HQ building will be taller than Taipei 101 tower.

• Gulf banks post bumper profit as economies boom9 July 2008

  Q2 earnings top forecasts economies benefit from high oil prices and low rates.

• Loans spur Gulf bank profits, inflation weighs1 July 2008

  Many lenders to post double-digit Q2 profit as low interest rates spur credit demand - survey.

• Qatar readies $9.8bn EU property investment27 May 2008

  State-backed investors eyeing prime commercial properties in European centres.

• Qatar looks to lure New York investors20 May 2008

  Nine Doha-listed companies showcase their wares to world's largest capital markets.

• QNB to set up Islamic financial services firm9 March 2008

  Qatar National looking to tap growing demand for Sharia compliant financing in Gulf.

• Qatar finalises $2.5bn Chelsea Barracks loan3 March 2008

  Loan complies with Islam's ban on interest, will also help cover development costs.

• London's Shard of Glass wins Qatari backing22 January 2008

  Consortium agrees to stump up $3.88bn for the landmark skyscraper.

• QNB to invest $250mn in expansion abroad21 January 2008

  Qatar National Bank says 2007 profit should rise to $797mn on fees and commissions.

• Qatar National lands $979mn rights issue offer22 November 2007

  Qatar National Bank offered almost 50% more than seeks to help finance expansion.

• QNB shareholders approve rights issue28 October 2007

  Shareholders in Qatar National Bank approve plans to raise $1.39bn through share sale to existing investors.

• First deal for Finance House 4 October 2007

  The firm announces its first arranged finance deal for UAE private equity specialist Ithmar Capital.

• First Qatari bank to open in Yemen26 September 2007

  Qatar National Bank to offer corporate services and investment opportunities for Yemen and Qatar clients.

• QNB ups Jordan bank stake24 September 2007

  Qatar National Bank pays $195mn to raise stake in Jordan lender to 30% as it looks to expand abroad.

• QNB plans $1.2bn stock sale19 September 2007

  Qatari lender will sell new stock to finance regional and local expansion in face of domestic competition.

• Qatar plans London showcase10 September 2007

  Qatar's stock exchange is to showcase ten firms to investors in London to attract foreign capital.

• QNB agrees Syria bank launch3 September 2007

  State-controlled Qatar National Bank finalises agreement with local partners to set up and manage lender.

• Iraq's Mansour to extend network19 August 2007

  Qatar National Bank affiliate is to expand beyond Baghdad with four new branches by the end of 2008.

• Qatar bank plans Syrian affiliate1 August 2007

  Qatar National Bank plans to establish lender in Syria, will sell bank's shares to the public.

• QNB buys $442mn stake in Jordanian bank22 July 2007

  Qatar National Bank taps into Jordan's market with 20% stake in country's Housing Bank for Trade and Finance.