Latest news with #QNBGroup
ILoveQatar.net
a day ago
- Business
- ILoveQatar.net
12 Qatari firms named among Forbes Middle East's Top 100 Listed Companies 2025
Forbes Middle East release the list of Top 100 Listed Companies 2025 which featured 12 Qatari firms. The Qatari firms listed included the following: QNB Group (#3) Qatar Islamic Bank (QIB) (#32) Sector: Banks & Financial Services Group CEO: Bassel Gamal Market Value: $13.3 billion Ooredoo Group (#33) Sector: Telecommunications Group CEO: Aziz Aluthman Fakhroo Market Value: $11.3 billion Industries Qatar (IQ) (#37) Sector: Industrials Chairman & Managing Director: Saad Sherida Al-Kaabi Market Value: $20.2 billion Commercial Bank (#47) Sector: Banks & Financial Services Group CEO: Joseph Abraham Market Value: $4.6 billion AlRayan Bank (#50) Sector: Banks & Financial Services Group CEO: Fahad Al Khalifa Market Value: $5.6 billion Dukhan Bank (#62) Sector: Banks & Financial Services Acting Group CEO: Ahmed Hashem Market Value: $5 billion Nakilat (#72) Sector: Logistics CEO: Abdullah Al-Sulaiti Market Value: $7 billion Qatar International Islamic Bank (QIIB) (#76) Sector: Banks & Financial Services CEO: Abdulbasit Al Shaibei Market Value: $4.4 billion Qatar Fuel (WOQOD) (#79) Doha Bank (#87) Ahlibank (#100) Saudi's energy company Saudi Aramco ranked at number 1 of the list. The companies are ranked based on data collected from the Arab stock exchanges and their reported sales, assets, and profits for the financial year of 2024 and market value as of April 25, 2025.
Qatar Living
05-06-2025
- Business
- Qatar Living
Qatar Airways signs QAR4.5bn loan facility with local Qatari banks
For the first time in 28 years, Qatar Airways has signed a landmark agreement with leading local Qatari Banks — led by QNB — to provide QAR 4.5bn in strategic financing. The financing will be provided by domestic banks in Qatar. The syndication was fully underwritten and led by QNB Group as the sole and exclusive Book Runner, Global Coordinator, Initial Mandated Lead Arranger and Structuring Bank. The lending banks include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, QIB, and QIIB. أبرمت الخطوط الجوية القطرية، للمرة الأولى منذ 28 عاماً، اتفاقية تاريخية مع البنوك القطرية الرائدة، بقيادة مجموعة QNB والتي بموجبها، ستقدم هذه المصارف للناقلة القطرية تمويلاً قدره 4.5 مليار ريال قطري ليتم استثماره في تطوير وتوسيع أسطول طائراتها المميز. — الخطوط الجوية القطرية (@qatarairwaysar) June 4, 2025 This new agreement will see an innovative approach taken whereby local banks lend in Qatari Riyals in both conventional and Islamic tranches and commercial terms in line with international benchmarks for a strategic financing transaction of this nature. Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al Meer, said: 'Qatar Airways' latest purpose-driven partnership demonstrates our trust in the operational excellence of the Qatari banking sector. We're honoured to collaborate with the leading banks of Qatar as we continue to further our commitment to fulfilling the Qatar National Vision 2030. 'We thank the financial institutions that have played a vital role in shaping our journey, offering support that has helped us reach new millstones. We believe such strong and resilient partnerships remain essential for driving industry innovation and expanding global connectivity.' QNB Group Chief Executive Officer, Abdulla Mubarak Al Khalifa, said: 'We're pleased to have been selected by Qatar Airways for this prominent role. This appointment underscores QNB's expertise in structuring complex financing solutions and its commitment to supporting the growth objectives of our clients and supporting Qatar National Vision 2030.' As Qatar Airways continues its ambitious fleet and network growth strategy, the airlines said that it remains firmly committed to supporting local institutions, enhancing economic development, and contributing to national prosperity. It further added that with this agreement, the national carrier also aims to stimulate greater collaboration between the aviation and the banking sector, paving the way for innovative financial structures tailored to the airline's evolving needs while promoting national economic resilience. --- Make sure to check out our social media to keep track of the latest content. Instagram - @qatarliving X - @qatarliving Facebook - Qatar Living YouTube - qatarlivingofficial
Qatar Tribune
04-06-2025
- Business
- Qatar Tribune
QA, leading Qatari banks sign QR4.5 bn financing deal
Tribune News Network Doha For the first time in 28 years, Qatar Airways (QA) has signed a landmark agreement with leading local Qatari banks led by QNB to provide QR4.5 billion in strategic financing. The financing will be provided by domestic banks in Qatar. The syndication was fully underwritten and led by QNB Group as the sole and exclusive Book Runner, Global Coordinator, Initial Mandated Lead Arranger and Structuring Bank, while the lending banks include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, QIB, and QIIB. This new agreement will see an innovative approach taken whereby local banks lend in Qatari Riyals in both conventional and Islamic tranches and commercial terms in line with international benchmarks for a strategic financing transaction of this nature. Qatar Airways Group Chief Executive Officer Engr Badr Mohammed Al Meer said, 'Qatar Airways' latest purpose-driven partnership demonstrates our trust in the operational excellence of the Qatari banking sector. We are honoured to collaborate with the leading banks of Qatar as we continue to further our commitment to fulfilling the Qatar National Vision 2030. We thank the financial institutions that have played a vital role in shaping our journey, offering support that has helped us reach new millstones. We believe such strong and resilient partnerships remain essential for driving industry innovation and expanding global connectivity.' QNB Group Chief Executive Officer Abdulla Mubarak Al Khalifa said, 'We are pleased to have been selected by Qatar Airways for this prominent role. This appointment underscores QNB's expertise in structuring complex financing solutions and its commitment to supporting the growth objectives of our clients and supporting Qatar National Vision 2030.' As Qatar Airways continues its ambitious fleet and network growth strategy, it remains firmly committed to supporting local institutions, enhancing economic development, and contributing to national prosperity. With this agreement, the national carrier also aims to stimulate greater collaboration between the aviation and the banking sector, paving the way for innovative financial structures tailored to the airline's evolving needs while promoting national economic resilience.
Qatar Tribune
04-06-2025
- Business
- Qatar Tribune
Qatar Airways announces QR4.5 billion loan facility with leading Qatari banks
DOHA: For the first time in 28 years, Qatar Airways has signed a landmark agreement with leading local Qatari banks, led by Qatar National Bank (QNB), to secure QR4.5 billion in strategic financing. According to a statement from Qatar Airways, the financing will be provided by domestic banks in Qatar. The syndication was fully underwritten and led by QNB Group as the sole and exclusive Book Runner, Global Coordinator, Initial Mandated Lead Arranger and Structuring Bank, while the lending banks include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, Qatar Islamic Bank (QIB), and Qatar International Islamic Bank (QIIB). This new agreement will see an innovative approach taken whereby local banks lend in Qatari Riyals in both conventional and Islamic tranches and commercial terms in line with international benchmarks for a strategic financing transaction of this nature. Qatar Airways Group Chief Executive Officer, Eng Badr Mohammed Al Meer, said: "Qatar Airways'latest purpose-driven partnership demonstrates our trust in the operational excellence of the Qatari banking sector. We are honored to collaborate with the leading banks of Qatar as we continue to further our commitment to fulfilling the Qatar National Vision 2030. We thank the financial institutions that have played a vital role in shaping our journey, offering support that has helped us reach new millstones. We believe such strong and resilient partnerships remain essential for driving industry innovation and expanding global connectivity." QNB Group Chief Executive Officer, Abdulla Mubarak Al Khalifa, said: "We are pleased to have been selected by Qatar Airways for this prominent role. This appointment underscores QNB's expertise in structuring complex financing solutions and its commitment to supporting the growth objectives of our clients and supporting Qatar National Vision 2030." As Qatar Airways continues its ambitious fleet and network growth strategy, it remains firmly committed to supporting local institutions, enhancing economic development, and contributing to national prosperity. With this agreement, the national carrier also aims to stimulate greater collaboration between the aviation and the banking sector, paving the way for innovative financial structures tailored to the airline's evolving needs while promoting national economic resilience.
Zawya
04-06-2025
- Business
- Zawya
Qatar Airways signs $1.23bln loan facility with local Qatari banks
Doha, Qatar: For the first time in 28 years, Qatar Airways has signed a landmark agreement with leading local Qatari Banks led by QNB to provide QAR 4.5 billion in strategic financing. The financing will be provided by domestic banks in Qatar. The syndication was fully underwritten and led by QNB Group as the sole and exclusive Book Runner, Global Coordinator, Initial Mandated Lead Arranger and Structuring Bank, while the lending banks include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, QIB, and QIIB. This new agreement will see an innovative approach taken whereby local banks lend in Qatari Riyals in both conventional and Islamic tranches and commercial terms in line with international benchmarks for a strategic financing transaction of this nature. Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: 'Qatar Airways' latest purpose-driven partnership demonstrates our trust in the operational excellence of the Qatari banking sector. We are honoured to collaborate with the leading banks of Qatar as we continue to further our commitment to fulfilling the Qatar National Vision 2030. We thank the financial institutions that have played a vital role in shaping our journey, offering support that has helped us reach new millstones. We believe such strong and resilient partnerships remain essential for driving industry innovation and expanding global connectivity.' QNB Group Chief Executive Officer, Abdulla Mubarak Al-Khalifa, said:"We are pleased to have been selected by Qatar Airways for this prominent role. This appointment underscores QNB's expertise in structuring complex financing solutions and its commitment to supporting the growth objectives of our clients and supporting Qatar National Vision 2030." As Qatar Airways continues its ambitious fleet and network growth strategy, the airlines said that it remains firmly committed to supporting local institutions, enhancing economic development, and contributing to national prosperity. It further added that with this agreement, the national carrier also aims to stimulate greater collaboration between the aviation and the banking sector, paving the way for innovative financial structures tailored to the airline's evolving needs while promoting national economic resilience. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
