Browsing: Financial

Tuesday, 24th March, 2026 – The World Gold Council (WGC) announced recently a pioneering initiative to build new market infrastructure designed to unlock the next era of digital gold’s development. WGC has co-authored a White paper titled Digital Gold: The Case for a Shared Infrastructure with Boston Consulting Group (BCG) which explores “Gold as a Service” – a new platform to support the issuance and operation of scalable, interoperable digital gold products. Gold as a Service would act as an open platform, connecting the physical custody of gold with the digital systems used to issue and manage gold-backed products.

Shareholders approve 11% cash dividend distribution for FY2025 Doha, Qatar – 15 March 2026 – Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, held its Annual General Assembly (AGM) and Extraordinary General Assembly (EGM) meetings on Thursday, 12 March 2026, virtually via Microsoft Teams. The meetings were chaired by His Excellency Sheikh Hamad bin Faisal bin Thani Jassim Al Thani, Chairman of the Board of Directors of Qatar Insurance, and were attended and participated in by members of the Board, executive management, shareholders, and representatives of regulatory authorities. During the AGM, shareholde

Doha, Qatar – February 24, 2026: Dukhan Bank has launched its new personal finance campaign, offering customers the best profit rate in Qatar at 2.99% annually and a cash bonus of up to 1%. This campaign comes in line with the Bank’s ongoing commitment to delivering accessible, Shari’a-compliant financial solutions tailored to customers’ evolving needs. Running until May 31, 2026, this campaign invites customers to transfer their salaries and existing financial obligations to Dukhan Bank to unlock Qatar’s most competitive profit rates. Eligible participants will benefit from a cash bonus of up to 1% on the amount tr

Doha, Qatar – 9 February 2026: Ooredoo Fintech has announced a strategic partnership with badrgo, Qatar’s homegrown ride-hailing and mobility platform, to enable digital driver payouts through Ooredoo Money, supporting the shift toward cashless, efficient, and inclusive financial services in Qatar. Under the partnership, badrgo will onboard and enable its entire driver base to receive their earnings directly into their Ooredoo Money wallets. This initiative reduces reliance on cash-based settlements, streamlines payout processes, and provides drivers with faster, more convenient access to their earnings. Through the Ooredoo Money

Doha, Qatar – February 4, 2026: Dukhan Bank has signed an exploratory Memorandum of Understanding (MoU) with PayLater, a Qatar-based financial technology company offering deferred payment solutions, on the sidelines of Web Summit Qatar 2026. The counterparty operates as a deferred payment service provider. Any potential collaboration remains subject to regulatory approvals, Dukhan Bank’s internal policies, and applicable governance requirements. The MoU establishes a formal, non-commercial framework through which both parties will assess potential areas of collaboration related to deferred payment solutions. The exploratory discus

For the Third Consecutive Year at the World Finance Awards 2025 Doha, Qatar – 22 December 2025: Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has been named “Best General Insurance Company in Qatar” at the World Finance Awards 2025. This prestigious recognition highlights QIC’s contributions to the development of the national insurance landscape by providing solutions that effectively respond to the evolving needs of individuals in Qatar, empowering everyone to live with peace of mind. Winning this accolade for the third consecutive year also reflects QIC’s ability to cement its leaders

Doha, Qatar, December 18, 2025 – International law firm Addleshaw Goddard has advised Qatar National Bank (Q.P.S.C.) (“QNB”), the largest financial institution in the Middle East and Africa, on the successful refinancing of its $1.5bn senior unsecured term loan facility. The facility, arranged by a syndicate of leading international and regional lenders including Standard Chartered Bank, HSBC, Mizuho, SMBC, J.P. Morgan, Barclays and Bank of America, attracted strong demand from both global and regional institutions. The refinancing supports QNB’s ongoing funding strategy and reflects the confidence of international lender

Doha, Qatar – 18/11/2025: Snoonu, Qatar’s leading super app, has officially activated its strategic partnership with PayLater, the first licensed platform in Qatar to provide Buy Now, Pay Later (BNPL) services, enabling customers to shop their favorite items on Snoonu Market and pay in interest-free installments. What began as a pioneering Memorandum of Understanding (MoU) earlier this year has now materialized into a fully live feature on Snoonu Market, empowering customers with greater financial flexibility as they shop. With this new feature, shoppers can now purchase a wide variety of products, including electronics, home and fur

Since 2020, IPOs on the ADX have raised about Dhs59bn, supported by strong demand and steady economic growth The post 25 years and counting: ADX achieves key milestones appeared first on Gulf Business.