QNB, Standard To Start Activity At Qatar Exchange

Doha, July 19 (QNA) - Following their recent licensing by the Qatar Financial Markets Authority (QFMA), Qatar National Bank and Standard Chartered  Bank have now respectively signed a Depositary Agreement with Qatar Exchange to start Custody activities, raising the number of custodians working in the Qatari market , including HSBC, to three. Andre Went, CEO of QE welcomed this development as a major step towards increased post-trade efficiency by offering more…

Doha Bank Records 5% Profit Growth in H1 2012

Doha, July 19 (QNA) - Doha Bank announced Thursday it recorded an impressive net profit for the first half of 2012 amounting to QAR 740 million whichrepresented a growth of 5.4% as compared to QAR 702 million for the same period in 2011. "This is another outstanding result and is clear demonstration that Doha Bank continues to perform through any business cycle." HE Sheikh Fahad bin Mohammad bin Jabor Al Thani,…

Al- Hajiri: Qatar Tries Hard to End Humanitarian Tragedy in Syria

Doha, July 19 (QNA) - HE the Assistant Foreign Minister for Foreign Affairs Ali bin Fahad al-Hajri on Thursday stressed that the State of Qatar tried hard to put an end to the humanitarian tragedy in Syria and matched its words with actions. In his opening speech delivered at the third meeting of the Friends of the Syrian People International Working Group on Sanctions, held today at the Ritz Carlton Hotel,…
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