Awards underscore QNB's capabilities
QNB's commitment to innovation and customer-centric services was also celebrated by The Digital Banker, a leading global platform recognizing excellence in digital financial services. As part of the Digital CX Awards 2025 and the Middle East & Africa Innovation Awards 2025, the bank was honoured in the categories of Best Bank for Trade Finance, Best Bank for Cash Management, and Excellence in Omni-Channel Customer Experience. These awards highlight QNB's strategic focus on digital transformation, integrated platforms, and seamless omni-channel engagement, reflecting its dedication to redefining banking in the digital era.
The accolades are a testament to QNB's clear strategic vision, strong client relationships, and the dedication of its talented teams. They also reflect the growing trust placed in QNB by both corporate and individual clients, as the bank continues to provide cutting-edge financial solutions tailored to the evolving market landscape.
Senior management expressed pride in these achievements, emphasizing the values of innovation, client focus, and teamwork that drive QNB's success. QNB Group Chief Business Officer Yousef Mahmoud Al Neama said, 'Being recognized on the global stage reinforces our promise to always put our clients first. At QNB, we are committed to providing trusted, innovative, and future-ready solutions that meet the evolving needs of our customers.'
QNB Group Corporate and Institutional Banking Senior Executive Vice President Khalid Ahmed Al Sada said, 'These awards not only reflect our leadership in Qatar and the region, but also our growing impact on the global financial stage. We are proud to be recognized for our work in advancing excellence, innovation, and financial inclusion.'
Looking ahead, QNB remains committed to empowering clients, driving innovation, and setting new standards for excellence across its expanding international footprint.
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Al Jazeera
5 hours ago
- Al Jazeera
Israel's turn to ‘comply': US envoy after Lebanon moves to disarm Hezbollah
US special envoy Tom Barrack has asked Israel to withdraw from the Lebanese territory after Beirut approved a plan to disarm the Hezbollah group by the end of the year, in exchange for an end to Israeli military attacks on its territory. 'There's always a step-by-step approach, but I think the Lebanese government has done their part. They've taken the first step. Now what we need is Israel to comply with that equal handshake,' Barrack told reporters on Monday, in Lebanon's capital of Beirut, after meeting Lebanese President Joseph Aoun. The US-backed plan sets out a four-phase roadmap for the Hezbollah group to hand in their arsenal as Israel's military halts ground, air and sea operations and withdraws troops from Lebanon's south. Lebanon's cabinet approved the plan on August 7 despite Hezbollah's outright refusal to disarm, raising fears that Israel could intensify attacks on Lebanon, even while it carries out near-daily violations of the November truce it signed with Hezbollah to end its war. Israel has continued these attacks against Lebanon even in the weeks since the cabinet approved the plan. Barrack described the cabinet's decision as a 'Lebanese decision that requires Israel's cooperation' and said the US was 'in the process of now discussing with Israel what their position is' but provided no further details. Asked by reporters about whether he expected to see Israel fully withdraw from Lebanese territory, the US envoy said 'that's exactly the next step' needed. 'There is cooperation from all sides. We are not here to intimidate anyone. The positive outcomes will benefit Hezbollah, Lebanon, and Israel alike,' he said. 'An economic proposal' The US envoy also said Washington would seek an economic proposal for post-war reconstruction in the country, after months of shuttle diplomacy between the US and Lebanon. Barrack voiced optimism after Monday's meeting, stating: 'A return to prosperity and peace is within reach. I believe we will witness progress in several areas in the coming weeks.' 'This is the first visit of the American envoy to Lebanon after the Lebanese cabinet mandated the Lebanese army to assess how to disarm Hezbollah,' said Al Jazeera's Ali Hashem, reporting from Beirut. 'However, there are a lot of concerns with respect to how this process is going to happen, given the fact that Hezbollah refused.' On Friday, Hezbollah leader Naim Qassem raised the spectre of civil war, warning there would be 'no life' in Lebanon should the state attempt to confront or eliminate the group. In a written statement after his meeting with Barrack, Aoun said 'other parties' now needed to commit to the roadmap's contents. Barrack is also set to meet with Prime Minister Nawaf Salam and Speaker Nabih Berri, who often negotiates on behalf of Hezbollah with Washington. A 'return to prosperity and peace'? Under phase one of the US-backed plan, the Lebanese government is to issue a decision committing to Hezbollah's full disarmament by the end of the year – which it now has – and Israel will cease military operations in Lebanese territory. In phase two, Lebanon would begin implementing the disarmament plan within 60 days, and the government would approve troop deployments to the south. Then, Israel would begin withdrawing from the south and releasing Lebanese prisoners. In phase three, which should happen within 90 days of that, Israel is to withdraw from the last two of the five disputed border positions, and money would be secured for Lebanon's reconstruction. In phase four, Hezbollah's remaining heavy weapons are to be dismantled, and Lebanon's allies will organise a conference to support the country's economic recovery. Hezbollah emerged badly weakened from last year's 14-month war with Israel, during which longtime leader Hassan Nasrallah was assassinated in a huge Israeli strike on Beirut. Before the war, Hezbollah was believed to be better armed than the Lebanese military. The group has long maintained it needs to keep its arsenal to defend Lebanon from attacks, but critics accused it of using its weapons for political leverage. Hezbollah has said it refuses to discuss its arsenal until Israel ends its attacks and withdraws troops from southern Lebanon. Aoun and Salam both want to disarm Hezbollah and have also demanded Israel halt its attacks and withdraw from the country. Just on Monday, Israeli attacks blew up a house in the town of Meiss el-Jabal, a sound bomb went off in the border town of Dahra, and drones could be overheard in the towns of Wadi Zefta, al-Numairiyeh and Wadi Kafra, Lebanon's National News Agency reported. Aoun said he wants to increase funding for Lebanon's military and raise money from international donors for post-war reconstruction. The World Bank estimates that the war caused $11bn in damage and economic losses. The country has also faced a crippling economic crisis since 2019.
Qatar Tribune
2 days ago
- Qatar Tribune
Awards underscore QNB's capabilities
These awards underscore the bank's robust capabilities in supporting corporate clients, from trade facilitation and liquidity management to secure and efficient payment solutions, reinforcing QNB's position as a trusted banking partner in Qatar and across the region. QNB's commitment to innovation and customer-centric services was also celebrated by The Digital Banker, a leading global platform recognizing excellence in digital financial services. As part of the Digital CX Awards 2025 and the Middle East & Africa Innovation Awards 2025, the bank was honoured in the categories of Best Bank for Trade Finance, Best Bank for Cash Management, and Excellence in Omni-Channel Customer Experience. These awards highlight QNB's strategic focus on digital transformation, integrated platforms, and seamless omni-channel engagement, reflecting its dedication to redefining banking in the digital era. The accolades are a testament to QNB's clear strategic vision, strong client relationships, and the dedication of its talented teams. They also reflect the growing trust placed in QNB by both corporate and individual clients, as the bank continues to provide cutting-edge financial solutions tailored to the evolving market landscape. Senior management expressed pride in these achievements, emphasizing the values of innovation, client focus, and teamwork that drive QNB's success. QNB Group Chief Business Officer Yousef Mahmoud Al Neama said, 'Being recognized on the global stage reinforces our promise to always put our clients first. At QNB, we are committed to providing trusted, innovative, and future-ready solutions that meet the evolving needs of our customers.' QNB Group Corporate and Institutional Banking Senior Executive Vice President Khalid Ahmed Al Sada said, 'These awards not only reflect our leadership in Qatar and the region, but also our growing impact on the global financial stage. We are proud to be recognized for our work in advancing excellence, innovation, and financial inclusion.' Looking ahead, QNB remains committed to empowering clients, driving innovation, and setting new standards for excellence across its expanding international footprint.
Qatar Tribune
2 days ago
- Qatar Tribune
QNB: Commodity prices signal softer global growth ahead
Tribune News Network Doha The global economy is adjusting to a more restrictive trade environment after a turbulent first half of 2025, marked by elevated uncertainty from US President Donald Trump's sweeping 'Liberation Day' tariff measures, according to QNB Economic Commentary. While economists and investors remain cautious, commodity markets are sending a more reassuring signal: moderating growth prospects, contained inflation risks, and resilience in underlying demand. Despite the initial rounds of US trade deals failing to fully resolve policy uncertainty, commodity prices are providing clearer indicators of real-time economic momentum. Analysts point to three factors suggesting that markets are leaning toward a scenario of moderate slowdown rather than runaway inflation or sharp recession. The overall performance of commodity indices remains well below their cyclical highs of May 2022 and has been trading in a narrow range since the start of 2025. This stability challenges extreme macro narratives, showing neither an uncontrolled growth re-acceleration nor signs of a steep downturn. Energy and industrial metals have avoided major price spikes, reinforcing the global disinflation trend despite the sharp depreciation of the US dollar and tariff-related inflation risks at home. Base metals including copper, aluminium, and nickel have posted modest gains this year, reflecting optimism tied to emerging technologies, electric vehicles, artificial intelligence, and Asian industrial demand. The copper-to-gold ratio, a closely watched gauge of growth and inflation expectations, continues to trend lower. In a pro-growth policy environment, copper – seen as a growth-sensitive asset – would typically outperform gold, pushing the ratio higher. Its current decline instead reflects investor caution, consistent with expectations of slowing growth alongside stableinflation. Gold prices remain near record highs of about USD 3,330 per troy ounce – up nearly 80% since the 2022 commodity peak. Analysts attribute this strength to geopolitical uncertainty and demand for jurisdiction-free assets, rather than fears of imminent inflation. Silver, which has lagged gold in recent years despite its industrial role in green technology, has recently begun to recover, hinting that industrial demand may have bottomed. However, silver's underperformance relative to gold reinforces the view that markets are not pricing in a broad-based upcycle. Taken together, the trends suggest that commodity markets are pricing in a 'soft landing' for the global economy – moderate growth paired with continued disinflation. While Trump's tariff agenda has unsettled global trade, the absence of major commodity volatility indicates that industrial activity remains resilient and inflation expectations well anchored. For investors, the message from commodities is clear: despite political turbulence, the risk of runaway inflation or a sharp recession appears contained.
