Doha, Qatar: Qatar Financial Centre (QFC), a leading financial and business hub, has signed a Memorandum of Understanding (MoU) with Ahli Bank Q.P.S.C. to collaborate on initiatives that support fintech innovation, digital transformation, and the continued development of Qatar’s financial services sector. The MoU will leverage the QFC Digital Assets Lab to develop digital financial solutions and […]
Doha – Qatar: HMK Capital, an investment firm licensed under the Qatar Financial Centre (QFC) and regulated by the Qatar Financial Centre Regulatory Authority (QFCRA), has successfully registered the Salwa REIT Fund, Qatar’s first-ever Real Estate Investment Trust (REIT) collective investment fund, a significant milestone in broadening Qatar’s financial services sector. The launch of the Salwa […]
QNB Group, a leading financial institution in the Middle East and Africa, has collaborated with Mastercard to support the end-to-end infrastructure readiness for a comprehensive international card payment acceptance in Syria including Point of Sale, e-Commerce and SoftPOS . This landmark collaboration reinforces the bank’s role as a trusted partner in driving the development of […]
Doha, Qatar: Qatar Financial Centre (QFC), a leading onshore financial and business centre, has joined the Gulf Capital Market Association (GCMA) as an associate member, marking an important step towards building a more structured and competitive financial ecosystem in Qatar. This development builds on the Memorandum of Understanding signed between QFC and GCMA in February 2025 […]
Doha – Qatar: The Qatar Financial Centre (QFC), a leading onshore financial and business centre, has signed a Memorandum of Understanding (MoU) with The Commercial Bank (P.S.Q.C.) (CB), one of Qatar’s most established financial institutions, to facilitate access to banking services for QFC firms. Under the MoU, QFC will promote Commercial Bank as a strategic banking […]
Visa, a global leader in digital payments, today announced the appointment of Luca Bianconi as Vice President and Country Manager for Qatar, based in Doha. The appointment reflects continued investment in Qatar and its commitment to strengthening local leadership to support the growth of digital commerce in the country. As Vice President and Country Manager, Luca will be responsible […]
Ahead of the launch of KSA-1, MPE will serve as the global commercial application layer for financial services delivered on SpaceBelt KSA’s sovereign low-Earth orbit constellation. RIYADH, KINGDOM OF SAUDI ARABIA — April 21, 2026: MPE Solutions Inc. (“MPE” / “Modern Pay Engine”) today announced that it has entered into an agreement with SpaceBelt KSA […]
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the three months’ period ended 31 March 2026. Net Profit attributable to the Shareholders of the Bank amounted to QAR 986 Million for the three months’ period ended 31 March 2026. Total Assets of the Bank as at 31 March 2026 stands at QAR […]
The Central Bank of the UAE and the Central Bank of Bahrain have signed a Dh20 billion (BHD2 billion) currency swap agreement aimed at strengthening financial cooperation, supporting trade in local currencies and enhancing regional monetary stability. The five-year agreement was signed virtually by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, […]
QFC rises 14 places in the Global Financial Centres Index, ranking third in the MENA region Doha – Qatar Financial Centre (QFC), a leading onshore financial and business centre, recorded a 57 per cent year-on-year growth in the first quarter of 2026, with more than 800 new firms licensed from January through March. This performance reflects sustained business momentum and […]