Leighton Contracting Qatar, a division of UAE-based Habtoor Leighton Group, has signed a QR2.2 billion ($604 million) project finance deal with Qatar’s Doha Bank to support the construction of a water reservoir.
Doha Bank raised QR2 billion ($549.3 million) through the issuance of capital-boosting bonds on Tuesday, Qatar's fifth-largest lender by assets said in a statement to the bourse on Thursday.
In March, the bank said that it wou
Doha Bank, Qatar's fifth-largest lender by assets, won the “Best Regional Commercial Bank” for the third year in a row at The Banker Middle East Industry Awards 2015, in Dubai, UAE.
Dr R Seetharaman, CEO of Doha Ba
HSBC Bank Oman has completed the sale of its Indian assets to Doha Bank, the affiliate of HSBC Holdings said in a statement on Wednesday.
Shareholders of Doha Bank, Qatar's fifth-largest lender by assets, approved the purchase
Doha Bank, the fifth-largest lender in Qatar by assets, said it has received shareholder backing to issue capital-boosting bonds worth up to QR2 billion ($549.3 million) as well as assent for issuance of regular bonds.
Doha Bank, Qatar's fifth-largest lender by assets, reported a 7.2 per cent fall in fourth-quarter net profit on Wednesday.
Net profit fell to QR219 million ($60.2 million) from QR236 million a year earlier, the bank said in a
Doha Bank, Qatar's fifth-largest lender by assets, reported a 6.1 per cent increase in fourth-quarter net profit on Tuesday, according to Reuters calculations, missing analyst expectations.
The lender made a net profit of QR25
Doha Bank has closed a project finance deal of KD25 million ($85.5 million) with Kuwait-based Kharafi National, a leading infrastructure project developer.
“We are pleased to have the opportunity to finance Kharafi National.
Shareholders of Doha Bank have approved the purchase of the Indian assets of HSBC Bank Oman after an extraordinary meeting, the Qatari bank said in a statement on Monday.
HSBC Bank Oman, an affiliate of HSBC Holding, said in April
Doha Bank, Qatar's fifth-largest lender by assets, reported on Tuesday a 10 per cent increase in its net profit for the first nine months of the year.
The lender made QR1.1 billion ($301.8million) in the year-to-September 30,