Browsing: Capital
New York, 27 September 2026 — Education Above All (EAA) Foundation, a global education foundation, placed the protection and continuity of education in crisis situations and the advancement of innovative approaches to mobilise additional financing for education at the centre of its engagement at the 81st United Nations General Assembly (UNGA81). Across nine high-level engagements from 21 to 24 September, EAA Foundation joined governments, United Nations agencies, development finance instit…
Saudi Central Bank (SAMA) and Qatar Central Bank announce agreement enabling mada and HIMYAN card use across both countries H.E. Ayman Al Sayari, Governor of SAMA, highlights the Kingdom’s “exceptional” fintech growth, with sector investment exceeding SAR 30 billion by the end of H1 barq announces USD 329.5 million Series A funding round at a USD 1.85 billion valuation, while Network International launches merchant acquiring
Sub-head: Insurance revenue rose 15% to QAR 4.8 billion, Gross Written Premium grew 4.3% to QAR 5.9 billion, and investment income rose 2.8 % to QAR 477 million, holding Group profitability broadly steady while the insurance service result reflected conflict-related claims and reserving. The Group’s Capital and balance sheet strength remained strong. Financial highlights: H1 2026 (six months ended 30 June 2026) ● Insurance revenue: QAR 4.8 billion, up 15 % year on year
Issuance of Additional Tier 1 Capital Sukuk with a value of USD 500 million and a profit rate of 6%, the tightest yield achieved on an AT1 issuance in the region in 2026 The transaction attracted strong demand from international and regional investors, reaffirming confidence in Dukhan Bank’s credit fundamentals and Qatar’s economic resilience Lusail, Qatar – 24 June 2026: Dukhan Bank Q.P.S.C., rated A2 (stable outlook) by Moody’s and A (rating watch negative) by Fitch, successfully issued a USD 500 million perpetual non-call 5.5-year Fixed Rate Resettable Additional Tier 1 Capital Sukuk at a profit rate of 6% – the
DOHA, Qatar — 17 June 2026 — US-Qatar Business Council – Doha (USQBC Doha) and the World Bank Group’s private sector arm, the International Finance Corporation (IFC), held a high-level event, “Qatar as a Regional Innovation Hub: Accelerating Qatar’s Startup Ecosystem,” to explore evidence-based opportunities to accelerate Qatar’s startup, innovation, and investment ecosystem, in alignment with Qatar’s National Vision 2030 and its Third National Development Strategy (NDS3). With QNB Group, a leading financial institution in the Middle East and Africa, serving as Lead Sponsor, the event marked the launch
Doha, Qatar — February 9, 2026: Rasmal Ventures announced that Hamad Al-Hajri, Founder and CEO of Snoonu, has joined as an investor in its flagship vehicle, Rasmal Innovation Fund I, which is backed by the Qatar Investment Authority, with the willingness to also be involved in the future parallel funds that Rasmal Ventures will launch. The investment reflects a shared belief that the next wave of category-defining technology companies will emerge where exceptional founder ambition meets long-term institutional capital and globally connected ecosystems, a convergence that is becoming increasingly pronounced across the GCC. For Rasm