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- Saudi Arabia's job market strengthens as unemployment falls to 7% in Q4 2024
- UAE unveils new dirham symbol and digital currency
- Oil Updates - crude holds near 1-month high, set for 3rd week of gains amid supply woes
- Qatar Islamic Insurance Group AGM proposes cash dividend of 50% of paid-up capital
- QCB licenses PayLater to provide BNPL services
- Qatar Stock Exchange listed companies report QR51.18bn net profits for 2024
- Oman seeks bids for Jabal Shams Grand Canyon project
- Jafza expands logistics park with strategic investment
- Innovation, collaboration key to sustainable growth: Sabic CEO
- AD Ports, Oylz in deal to set up petchem facility in Khalifa Port
19/03/2015 04:48 AST
QNB has consolidated both its position as the leading Financial Institution in the MENA Region and its region leading credit rating performance following the news by Fitch Ratings that the Group's Long Term Rating has been upgraded to AA- from the previous A+ with an immediate effect.
The move by Fitch follows their recent report on the positive outlook of The State of Qatar and in particular, the "healthy condition" of the Banking Sector. They concluded that Local Banks were highly capitalised and that asset quality was solid. Commitment from the Government to the sector was a key underlying factor in the reflected cumulative upgrade of Bank Ratings supported by sovereign wealth funds and the on-going strong revenues from hydrocarbon production.
Within the comprehensive Fitch Report, QNB was singled out as "The Flagship Bank" in the sector with its market performance and strong public and private sector business relationships.
CPI Financial
27/03/2025
QNB announced the signing of a strategic master agreement with QLM, the leading specialised insurance company to provide innovative insurance solutions to SMEs (small and medium enterprises). This ma
The Peninsula
23/03/2025
Severe policy uncertainties on the trade and fiscal fronts is driving market volatility and a deterioration of investor and consumer sentiment in the United States, according to QNB.
Earlier
Gulf Times
11/03/2025
As part of its commitment to social responsibility and community engagement, QNB hosted an Iftar for senior citizens and children at the HMC's Qatar Rehabilitation Institute to promote solidarity and
Qatar Tribune
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28/03/2025
Qatar Islamic Insurance Group convened its Annual General Assembly Meeting for the year 2024, yesterday. The Board proposed to the assembly distribution of cash dividends of 50% of the paid-up capita
The Peninsula
28/03/2025
Sabic, a global leader in diversified chemicals, today (Martch 27) reaffirmed its advocacy for sustainable growth through innovation and collaboration at the Boao Forum for Asia (BFA)'s Annual Confer
Trade Arabia
28/03/2025
AD Ports, a leading facilitator of global trade, logistics, and industry, has announced the signing of a 50- year agreement with Oylz Terminals, a UAE based oil supply and distribution provider to de
Trade Arabia
28/03/2025
Modon Holding, an Abu Dhabi-based holding company, and Elsewedy Industrial Development, one of Egypt's leading integrated industrial and logistics cities developers, have signed a letter of intent (L
Trade Arabia
27/03/2025
Saudi Aramco kept the April's official selling prices for propane and butane unchanged from the previous month, according to a statement released on Thursday.
The prices are set at $615 per
Arab News
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