Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. In a post on the X platform, QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank’s broader efforts to develop and regulate […]
Doha, Qatar – National Mobile Telecommunications Company (Ooredoo) has reported a net profit of QAR 1.94 billion attributable to its shareholders for the first half (H1) of 2025, marking a 4% year-on-year (YoY) increase compared to QAR 1.87 billion in the same period last year. The company’s total revenues also witnessed a modest uptick, rising […]
The Qatar Investment Authority is a first-time investor in Artbio. The Qatar Investment Authority (QIA) has emerged as a key investor in a $132 million Series B funding round for Artbio, a clinical-stage radiopharmaceutical biotech company. This marks the Qatari sovereign wealth fund’s first investment in the US-headquartered firm, which is pioneering a new class of alpha […]
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the six months’ period ended 30 June 2025. Net Profit attributable to the Shareholders of the Bank amounted to QAR 2,175 Million for the six months’ period ended 30 June 2025 representing a growth of 5.3% over the same period in 2024. Basic […]
Doha, Qatar: beIN MEDIA GROUP (“beIN”), the global sports, entertainment and media group, has signed a Partnership Agreement with PayLater, Qatar’s first licensed Buy Now, Pay Later (BNPL) provider. The partnership enables customers in Qatar to pay for all beIN products, including new subscriptions and package renewals, using interest-free installment plans, both for online payments and […]
Keen on expanding the digital payment stack for businesses across the country, Qatar-based payment company Dibsy has enabled Himyan, the national payment card, on Apple Pay for e-commerce. Merchants using Dibsy can now accept Himyan payments through Apple Pay across their digital channels instantly and with no additional setup required, Ahmed Mohamed Isse, co-founder of […]
Doha, Qatar: Ooredoo, the country’s leading telecommunications provider, has announced the launch of advanced sovereign AI cloud services, built on the latest NVIDIA Hopper GPUs and hosted in its local data centres. This strategic deployment brings world-class accelerated computing capabilities to Qatar, significantly advancing the nation’s digital transformation agenda. By enabling advanced artificial intelligence applications without […]
Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to QCB data. Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to Qatar […]
Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the official launch of the QIB Junior App, the country’s first digital banking and financial education platform for kids and teens aged 8 to 17 years old. As a first-to-market solution, QIB Junior is a modern Banking App designed specifically for kids and teens […]
Backed by government initiatives, regulatory reforms, and rising consumer demand, the country is quickly becoming a regional hub for digital finance and online retail. Doha: Qatar’s fintech and e-commerce sectors are experiencing unprecedented growth as the nation accelerates its transition to a digital economy, in line with the Qatar National Vision 2030. Backed by government […]