Doha, Qatar: Qatar registered a total value of transactions across various payment systems worth QR18.626bn during November 2025 with total number of transactions reaching 62.806 million. In a post on its X platform, Qatar Central Bank (QCB) stated yesterday that the point of sale transactions accounted for 51 percent, e-commerce 23 percent, the ‘Fawran’ instant […]
Doha, Qatar: QNB Group announced the successful completion of Qatar’s inaugural Digitally Native bond issuance, a USD 500 million 3-year floating interest rate digital bond. Using HSBC Orion, the market-leading digital assets platform, the issuance marks the acceleration of digital asset adoption in the Middle East. This landmark transaction represents the largest ever Digitally Native bond […]
Doha, Qatar: Qatar Islamic Insurance Group (QIIG) has announced the signing of a strategic partnership with PayLater, the first Qatari company licensed by the Qatar Central Bank to provide Buy Now, Pay Later (BNPL) services in compliance with Shari’a principles. This partnership marks a significant step towards enhancing flexible and ethical payment solutions for QIIG […]
Mastercard, the Official Primary Partner of the McLaren Formula 1 Team, has secured an exclusive opportunity for Commercial Bank, a leader in innovative digital banking in Qatar, to become the Official Race Partner of the McLaren Formula 1 Team for the Qatar race for the next three years. As part of the collaboration, Commercial Bank […]
Doha – Qatar: Qatar Financial Centre Authority (QFCA), the legal and tax arm of the Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has signed a Memorandum of Understanding (MoU) with Doha Bank, one of the largest commercial banks in Qatar. The agreement marks a major step towards strengthening Qatar’s […]
Doha, Qatar: In a region rapidly shaping the future of digital innovation, Snap Inc. has officially opened its new office in Doha’s Msheireb district, in the presence of Founder and Chief Executive Officer Evan Spiegel and Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the Government Communications Office (GCO). This expansion marks a major […]
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the nine months’ period ended 30 September 2025. Net Profit attributable to the Shareholders of the Bank amounted to QAR 3,455 Million for the nine months’ period ended 30 September 2025 representing a growth of 5.8% over the same period in 2024. […]
DOHA, Qatar: QNB Group, the largest financial institution in the Middle East and Africa, announced the license approval has been received for a digital-first banking entity, ezbank, from the Central Bank of Egypt. This milestone reflects the Group’s commitment to supporting the Central Bank of Egypt’s vision for financial inclusion and digital transformation, as well […]
The license approval for ezbank is an important step in QNB Group’s ongoing efforts to transform the banking sector in the markets in which it operates, across over 28 countries in 3 continents. In co-operation with Ajlan & Bros. Holding Introducing a new model of customer-centric banking built around innovation, efficiency, and accessibility Providing innovative […]
Doha, Qatar – Ooredoo Fintech has announced its entry into PayPal World, marking a first-of-its-kind milestone for the region. This collaboration will connect Ooredoo’s consumers and merchants to nearly two billion users globally, unlocking seamless access to international markets. The partnership extends beyond payments, with a shared mission to empower individuals and businesses by providing […]