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Apex Group expands regional footprint with new Qatar office

MEA Finance -
Apex Group Ltd. (“Apex Group”), a global financial services provider with over $3.5 trillion in assets serviced, announced the successful licensing and opening of...
Banking & Finance

Qatar’s QNB Group reports 8% rise in full-year net profit

MEA Finance -
The total dividend distribution for the year ended December 31, 2024, amounts to 70% of the nominal share value (QAR 0.70 per share)
Banking & Finance

AlRayan Bank, HSBC complete debut Islamic ESG KPI-linked repo transaction

MEA Finance -
The bank offers a number of environmental, social and governance products, including green deposits and financing for electric vehicles
Banking & Finance

Qatar’s QNB Group posts $3.5 billion in nine-month profit

MEA Finance -
The banking group’s total assets reached QAR1.28 trillion, a growth of 8% year-over-year
Banking & Finance

Qatar debt markets to remain steady amid Gvt debt prepayment

MEA Finance -
The Qatari government has been repaying external debt as it matures, and debt decreased by QAR27 billion in 2023
Banking & Finance

QNB Group board approves QAR 2.9 billion share buyback program

MEA Finance -
The share buyback will be executed after obtaining regulatory approvals from the Qatar Central Bank and Qatar Financial Markets Authority
Banking & Finance

Qatar Islamic Bank issues $750 million 5-year Sukuk

MEA Finance -
The five-year unsecured sukuk was priced at 100 basis points over US Treasuries at 4.485%

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