Latest news with #AbdullaMubarakAlKhalifa
Qatar Living
2 days ago
- 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
2 days ago
- 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
3 days ago
- 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.
Qatar Tribune
19-05-2025
- Business
- Qatar Tribune
QNB Group CEO: QEF key to shaping global economy, growth
QNA Doha QNB Group Chief Executive Officer Abdulla Mubarak Al Khalifa has affirmed that the Qatar Economic Forum, Powered by Bloomberg, holds special significance this year as the world and region experience unprecedented dynamism. The event has become an ideal platform for providing forward-looking insights into the challenges facing global economies and growth opportunities. He stated that the forum comes just five years ahead of the realisation of Qatar National Vision (QNV) 2030, making it a vital opportunity to discuss future factors that will influence the local economy, particularly within the financial, investment, and technology sectors. He noted that QNB's continued sponsorship of the Qatar Economic Forum reflects the Group's commitment to supporting a prestigious platform that brings together global leaders, policymakers and industry pioneers to explore the forces reshaping the global economy. He emphasised that making informed decisions about the future of the global economy is a top priority for governments and businesses amid rapid transformations. 'At QNB, we are always keen to align our goals with the national economy, while developing effective and sustainable solutions,' he said.
Zawya
21-04-2025
- Business
- Zawya
Invest Qatar and QNB partner to offer tailored services to foreign investors
Doha – Qatar: Invest Qatar, the Investment Promotion Agency of Qatar, and QNB have announced a strategic partnership aimed at enhancing the ease of doing business for foreign investors entering the Qatari market. This collaboration is designed to strengthen Qatar's position as a leading investment destination by offering streamlined access to business setup services and customised financial solutions. This partnership will provide a comprehensive suite of services to foreign investors via the Invest Qatar Gateway, a free digital platform designed to support international companies looking to establish or expand their operations in Qatar. Through this partnership, investors will benefit from onboarding packages for incoming staff, dedicated account management teams and access to QNB's specialised financial programmes tailored for key sectors in Qatar. QNB will also facilitate the opening of corporate bank accounts within a maximum of three working days, provided all compliance and due diligence requirements are met. Invest Qatar and QNB will also collaborate on facilitating business connections across their global networks to unlock new investment opportunities. The partnership further includes knowledge exchange initiatives and mutual referrals of companies interested in establishing in Qatar. The agreement was signed by Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar and Mr. Abdulla Mubarak Al Khalifa, Chief Executive Officer of QNB Group. Sheikh Ali Alwaleed Al-Thani, CEO, Invest Qatar, said: 'We are pleased to partner with QNB on this key milestone, which reflects our ongoing commitment to providing investors with seamless access to the resources and support they need to succeed. Through this collaboration, we look forward to unlocking new opportunities, delivering best-in-class services and offering a robust support network, further strengthening Qatar's position as a global hub for business and innovation.' Commenting on this partnership, Mr. Abdulla Mubarak Al Khalifa, Chief Executive Officer of QNB Group said: 'Our strategic collaboration with Invest Qatar marks a significant step in our shared mission to drive economic growth and attract international investment to Qatar. By combining QNB's comprehensive financial expertise with Invest Qatar's dynamic platform, we are streamlining the journey for foreign investors and supporting them every step of the way. This partnership underscores our commitment to enabling business success in Qatar, strengthening the investment ecosystem and reinforcing our position as a trusted banking partner across the region.' These new services will be delivered through the Invest Qatar Gateway, which has recently unveiled a series of enhanced features and offerings. Among the latest additions are a more user-friendly interface along with enhanced features, including specialised banking packages exclusive to Invest Qatat Gateway members. These additions are designed to support investors at every stage of their business journey in Qatar. As the first digital platform for investors in Qatar, the Invest Qatar Gateway is a free online resource that helps foreign investors and companies discover business opportunities, connect with partners across sectors and access key resources. It also offers access to tenders and direct, real-time support from the Invest Qatar team. This latest partnership with QNB builds on a series of ongoing efforts to expand the Gateway's offerings and services. Invest Qatar will continue to roll out a series of new services and initiatives under the Access Qatar programme, designed to further empower investors and enhance Qatar's welcoming and supportive business environment. About Invest Qatar The Investment Promotion Agency Qatar (Invest Qatar) is responsible for overseeing investment promotion activities, aimed at attracting foreign direct investment to Qatar. Established in 2019, Invest Qatar's mission is to strengthen Qatar's position as an ideal investment destination, while facilitating investments that foster economic diversification and development. As the gateway to investment solutions, Invest Qatar connects investors to an integrated ecosystem of business and licensing platforms. The Agency partners with investors throughout their journey, from exploration and setup to expansion, ensuring their long-term growth by providing comprehensive insights into Qatar's business landscape, sector-specific market knowledge and tailored investment facilitation. For more information, please visit @InvestQatar | #InvestQatar About QNB QNB Group is one of the leading financial institutions in the MEA region and among the most valuable banking brands in the regional market. Present in over 28 countries across Asia, Europe, and Africa, it offers tailored products and services supported by innovation and backed by a team of over 31,000 professionals dedicated to driving banking excellence worldwide.
