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Qatar Banking News. Service for global professionals. Constantly updated news and information about Qatar.
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  • Dubai, Abu Dhabi bourses recover 7 Dec 2009 01:12 GMT
    ... in the green at opening, except for banking which was down more than 1.4 percent. But by midday, banks dropped further by over 2.4 percent, while ... It recovered, however, 0.71 percent on Wednesday. Qatar stocks also closed up 0.34 percent on ...

  • Kuwait sells Citigroup stake for US$4.1 bil 7 Dec 2009 00:32 GMT
    ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ... held in London-based Barclays. Then last moth, Qatar's sovereign wealth fund, the British bank's top ...

  • Kuwait sells off Citibank stake for $1.1bn profit 7 Dec 2009 00:30 GMT
    ... after helping to bail out the US banking giant. The Kuwait Investment Authority (KIA) said ... around the world helped US and European banks cope with the sudden closure of the ... of shares and convertible notes to the Qatar and Abu Dhabi sovereign wealth funds. ...

  • 'Inferior staff' warning as RBS and Treasury urged to end bonus row 7 Dec 2009 00:30 GMT
    ... be left with "inferior" staff. Nic Clarke, banking analyst at Charles Stanley, said: "If RBS ... Seasons to be sold and then the banks would have received nothing." In 2006 the ... to Three Delta, a vehicle backed by Qatari sovereign wealth funds, to snap up Four ...

  • UAE markets recover as debt fears ease 7 Dec 2009 00:10 GMT
    ... in the green at opening, except for banking which was down more than 1.4 per cent. But by midday, banks had dropped further by over 2.4 per ... it recovered 0.71 per cent on Wednesday. Qatar stocks also closed up 0.34 per cent ...

  • Kuwait's sovereign wealth fund sells Citigroup stake, banks $1.1 billion in profit 6 Dec 2009 23:54 GMT
    ... Kuwait's sovereign wealth fund sells Citigroup stake, banks $1.1 billion in profit DUBAI, United Arab ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... held in London-based Barclays. Then last moth, Qatar's sovereign wealth fund, the British bank's top ...

  • Israeli expert says Dubai-style crash highly unlikely in China 6 Dec 2009 23:10 GMT
    ... used to be Israel's commercial representative to Qatar and Oman. She saw a world of difference ... billions of dollars to British and Asian banks. The lending houses look set to swallow much ...

  • Commercialbank holds seminar 6 Dec 2009 22:15 GMT
    ... member of International Chamber of Commerce (ICC) banking commission – Paris. O’Brien is also the ICC ... corporate customers including leading businessmen from the Qatari and expatriate community. Corporate relationship managers and ...

  • Kuwait sells stake in Citigroup banking giant after making $1.1billion profit in TWO years 6 Dec 2009 20:53 GMT
    ... Kuwait sells stake in Citigroup banking giant after making $1.1billion profit in TWO ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ... held in London-based Barclays. Then last moth, Qatar's sovereign wealth fund, the British bank's top ...

  • Kuwait Sells Citigroup Stake For $4.1 Billion 55 min ago 6 Dec 2009 20:10 GMT
    ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ... held in London-based Barclays. Then last moth, Qatar's sovereign wealth fund, the British bank's top ...

  • Kuwait Sells Citigroup Stake For $4.1 Billion 34 min ago 6 Dec 2009 19:58 GMT
    ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ... held in London-based Barclays. Then last moth, Qatar's sovereign wealth fund, the British bank's top ...

  • Gulf markets recover tentatively 6 Dec 2009 19:55 GMT
    ... damage from Dubai, particularly in markets like Qatar, Saudi Arabia and Egypt,” Fadi Al Said, head ... woes, and separated exposed sectors such as banks from healthier private sector companies in Abu Dhabi ...

  • Sovereign funds pressured to invest locally 6 Dec 2009 19:44 GMT
    ... damage from Dubai, particularly in markets like Qatar, Saudi Arabia and Egypt,” said Fadi al-Said, equities ... as investors separated exposed sectors such as banks from healthier private sector companies, in particular in ...

  • UAE stocks recover after Dubai debt crisis losses 6 Dec 2009 19:33 GMT
    ... in the green at opening, except for banking which was down more than 1.4 percent. But by midday, banks dropped further by over 2.4 percent, while ... It recovered, however, 0.71 percent on Wednesday. Qatar stocks also closed up 0.34 percent on ...

  • Kuwait Sells Citigroup Stake For $4.1 Billion 2 hrs ago 6 Dec 2009 19:30 GMT
    ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ... held in London-based Barclays. Then last moth, Qatar's sovereign wealth fund, the British bank's top ...


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