Doha: Hydrovest Technology Trading and Contracting W.L.L, a Doha-based company that develops climate-smart agricultural solutions, crops, and value-added products, today announced the successful close of an investment round totaling QAR 1,000,000. The funding will be deployed to accelerate commercial production, complete a factory fit-out in Birkat Al Awamar, Logistic Park A, Al Wakrah, scale R&D […]
Doha, Qatar – PayLater, Qatar’s leading and licensed Buy Now, Pay Later (BNPL) platform, has announced the successful closing of a USD 10 million Seed funding round. The round was led by LuLu Alternative Investments Portfolio, with strategic participation from Qatar Development Bank and KBN Holding, alongside a group of angel investors. This funding round ranks among […]
Doha – QNB Group, the largest financial institution in the Middle East and Africa (MEA), has become the first bank in the region to exceed a banking brand value of US$10 billion, a major milestone driven by constant strong financial performance and robust sustained growth. QNB has seen the value of its brand surge to US$10.3 billion, […]
AmwalPay has announced a strategic partnership with Bank Nizwa, reflecting a broader shift in how banks approach the enablement of digital payment services within the Sultanate of Oman. Under this partnership, AmwalPay enables Bank Nizwa to offer digital payment services to its merchants under the bank’s own brand, identity, and commercial framework. Bank Nizwa retains full […]
Doha – Qatar: Qatar Financial Centre (QFC), a leading onshore financial and business hub in the region, announces its relocation to its new headquarters at Lusail Boulevard and the official transition of all operations to the new premises. The relocation to Lusail marks a key milestone in QFC’s long-term growth strategy, positioning the Centre at the […]
Anchoring financial ecosystem collaboration in Qatar strengthens the country’s role as a trusted platform for interoperability, cross-border financial coordination, and institutional engagement. VoPay International, a global fintech infrastructure platform, today announced the establishment of its global headquarters in Qatar. The move positions Qatar as VoPay’s primary hub for advancing digital financial infrastructure and supporting scalable […]
Doha, Qatar: Mastercard announced that QNB Group, the largest financial institution in the Middle East and Africa, was granted a Mastercard license to extend its issuing and acquiring activities in Syria, enabling it to provide Mastercard payment solutions – accepted locally and internationally- to individuals and businesses. The move, which follows the memorandum of understanding signed […]
Doha, Qatar: Ooredoo, Qatar’s leading telecommunications and ICT provider, has announced the signing of a strategic partnership agreement with Darktrace, a global leader in AI-driven cybersecurity. The agreement was formalised during a dedicated signing ceremony attended by Thani Ali I A Al-Malki, Chief Business Officer at Ooredoo, and Thomas Johnson, Channel Director, META at Darktrace. This […]
Qatar Islamic Bank (QIB), Qatar’s leading Islamic bank, officially inaugurated its new Head Office at QIB Towers in West Bay during a formal ceremony attended by senior national leaders and key financial sector stakeholders. The inauguration ceremony was honored by the presence of H.E. Mr. Ali bin Ahmed Al Kuwari, the Minister of Finance, H.E. Sheikh Bandar bin Mohammed […]
Doha, Qatar: In line with the Third Financial Sector Strategy and as part of Qatar Central Bank’s efforts to enhance digital payment systems and services, and to strengthen cooperation among GCC countries, Qatar Central Bank is pleased to announce the acceptance of the national payment card “Himyan” in the State of Kuwait. As a result […]