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13/03/2018 05:34 AST
Qatar's QNB Group intends to recommend to the Extraordinary General Assembly of the bank to approve increasing the percentage of non-Qatari ownership in the company's capital to 49 per cent instead of 25 per cent.
This is in accordance with the applicable provisions of Law No. 9 of 2014 regulating the Investment of non-Qatari capital in the economic activity and subject to approval of the concerned regulators.
An Extraordinary General Assembly will be convened to present and approve the proposed amendment to QNB's Articles' of Association by adding an agenda item in respect of the above after securing the appropriate regulatory approvals of the proposed amendment.
QNB Group will disclose the date and venue of the Extraordinary General Assembly in due course, a statement said.
QNB Group's presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees exceeds 28,200 operating through more than 1,230 locations, with an ATM network of more than 4,300 machines.
Trade Arabia
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
01/04/2018
The US Federal Reserve (Fed) now sees having to raise its policy rate by a total of three times in 2018, three times in 2019 and twice in 2020, QNB has said in an economic commentary.
On Ma
Gulf Times
28/03/2018
QNB has announced 60 active users to win 80,000 Life rewards points. The Bank has recently launched this campaign to encourage customers to take advantage of its Internet and Mobile Banking services.
The Peninsula
| Ticker | Price | Volume |
|---|---|---|
| QIGD | 1.46 | 715,511 |
| UNIKAI | 7.47 | 0 |
| SVCP | 41.20 | 31,066 |
| JOUFCEMENT | 10.38 | 213,145 |
| DALLAHHEALTH | 160.40 | 59,789 |
| NASEEJ | 74.80 | 135,096 |
| ZAIN.BSE | 0.11 | 220,000 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.