Tagged: Doha

Qatar may list bonds, sukuk this year

Qatar may list bonds, sukuk this year

Qatar is searching to deepen its debt market. Regarding this aspect, it may list local-currency government bonds and sukuk on the country’s bourse this year.
Qatar began to sell treasury bills in May to achieve excess funds in the banking sector and se…

OIC plans single board of trustees for funds

OIC plans single board of trustees for funds

The formation of a single board of trustee including all donors and the establishment was advised to the Boards of Trustees of the Funds (BTF) of the Organisation of Islamic Conference (OIC) in Bosnia and Herzegovina, Sierra Leone, Afghanistan and Nige…

Fitch affirms QIB’s rating as ‘A’

Fitch affirms QIB’s rating as ‘A’

Fitch Ratings has affirmed Qatar Islamic Bank’s (QIB) ratings as Long-term Issuer Default (IDR) ‘A’ with Stable Outlook, Short-term IDR ‘F1,’ Individual ‘C,’ Support ‘1’ and Support Rating Floor ‘A.’
The Individual Rating (or stand-alone strength) refl…

Hospitality management firm begins operations

Hospitality management firm begins operations

Manazil Hospitality, a new company specialising in hospitality was launched in Qatar recently.
The firm is looking for opportunities at managing hotel properties, especially in the region by extending superior hospitality services while preserving the…

Pak-Qatar Family Takaful to issue rights shares

Pak-Qatar Family Takaful to issue rights shares

The Board of Directors of Pak-Qatar Family Takaful (PQFTL) has decided to further invest in the company by issuing right shares up to 33 percent of the base capital. This was decided at the Board of Directors meeting of Pak-Qatar Family Takaful held in…

BARWA Bank annouces new Board of Directors

BARWA Bank annouces new Board of Directors

BARWA Bank is pleased to announce the appointment of its Board of Directors (the “Board”). The nine strong Board will be chaired by H.E. Sheikh Mohammed Bin Hamad Bin Jassim Al-Thani, and consists of the following members:Chairman: H.E. Sheikh Mohammed…