Qatar National Bank

QNB reduces its stake in Egyptian unit to 95%

Sun, 25 Feb 2018 - 02:42 GMT

QNB sold 13.5 million shares of QNB Alahli worth LE 815.12 million ($46 million), with a value of LE 60 per share.

Qatar National Bank rules out sale of stake in UAE bank

Wed, 11 Oct 2017 - 03:04 GMT

Qatar National Bank’s said on Wednesday its stake in United Arab Emirates-based Commercial Bank International is not for sale.

Qatar National Bank completes $630 million Formosa bond issue

Thu, 14 Sep 2017 - 01:58 GMT

Qatar National Bank said on Thursday it had completed a $630 million Formosa bond issue to continue to diversify funding sources amid a regional diplomatic rift.

Qatar banks seek Asian, European funding as diplomatic crisis bites

Thu, 24 Aug 2017 - 09:03 GMT

Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars from their accounts following a regional diplomatic rift.

Four Egyptian banks among top 1k banks worldwide: Study

Mon, 21 Aug 2017 - 02:23 GMT

Total capital of the four banks is valued at $7.4 billion, while the assets they manage amounted to $152.7 billion.

Qatari banks in trouble as boycott extends

Sat, 12 Aug 2017 - 08:00 GMT

Being heavily dependent on foreign funds, the Qatari banking system was the first sector to be negatively influenced with some Gulf firms and individuals.

Business news wrap-up

Thu, 10 Aug 2017 - 05:11 GMT

A wrap-up for the most prominent news circulated during the day.

QNB ‘considers loans, bond sales’

Tue, 08 Aug 2017 - 07:50 GMT

A final decision regarding the matter is yet to be made, sources tell Bloomberg.

UAE blacklist likely to squeeze liquidity of Qatari banks

Sat, 10 Jun 2017 - 10:15 GMT

A move by four Arab states to blacklist dozens of figures with alleged links to Qatar could squeeze liquidity at Qatari banks.

QNB to grant credit up to 75% of new industrial factories’ prices

Sat, 06 May 2017 - 07:30 GMT

(QNB) will provide credit facilities for new factories under the initiative of Your Factory Is Ready, up to 75 percent of the factory price