Qatar

Qatar Fund of Fund to Invest 1 Billion USD into Venture Capital Funds

Qatar Investment Authority (QIA) is set to launch Qatar’s first venture capital (VC) Fund of Funds, a strategic investment program to foster innovation in Qatar. The Fund of Funds program will invest more than USD 1 billion in international and

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Qatar Will Launch Instant Payments in March

Qatar Central Bank (QCB) has called on the local banks to adjust their status as part of its preparations to launch the instant payment service (Fawran) in March 2024. The service is within the QCB‘s pioneering and innovative initiatives in

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Switzerland and Qatar Continue Collaboration Discussion About Digital and Sustainable Finance

The second session of the Joint Economic and Financial Committee between the Ministry of Finance of the State of Qatar and the Swiss Federal Finance Department was held recently in Doha. HE Minister of Finance Ali bin Ahmed Al Kuwari

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Qatari E-Wallet Fintech Startup Karty Secures $2 Millions Seed Round

KARTY, an emerging Qatari fintech startup, has announced the successful completion of a substantial seed funding round, amassing over $2 million dollars, which is equivalent to more than 7.3 million Qatari Riyals. This latest infusion of capital, raised from a

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Temenos Powers Lesha Bank’s Wealth Management Transformation

Lesha Bank, a Qatar-based investment bank, has upgraded its core banking system to the latest platform offered by banking software company Temenos. This move marks a major step in enhancing the bank’s wealth management and investment banking services. The bank,

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Qatar Central Bank Starts Receiving Applications for Loan-Based Crowdfunding Service Providers

Qatar Central Bank (QCB) has started to receive the applications for licensing and regulating the loan-based crowdfunding service providers in conformity with the strategy of financial sector and fintech in Qatar. The bank is permanently committed to regulating and developing

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Qatari Banks Embrace Fintech, Digital Technology to Maintain Relevance

In Qatar, banking institutions are at the forefront of fintech innovation as they embrace new technologies, innovative payments methods and novel business models to keep up with changing customers’ preferences, a new report by global consultancy says. The 2023 Qatar

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Qatar’s CQUR Bank Selects Finastra to Transform Corporate Client Online Banking

Finastra announcesd that CQUR Ban has partnered with Finastra to deliver on its technology strategy. With the implementation of Finastra’s solutions, Trade Innovation and Corporate Channels, CQUR Bank will offer its corporate clients a new online banking portal for a

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Qatar Central Bank Unveils Digital Assets Lab

The Qatar Financial Centre (QFC) has unveiled the QFC Digital Assets Lab, powered by Qatar Central Bank. The Digital Assets Lab is the inaugural programme to be launched under the Innovation Dome, an innovative platform that fosters transformative initiatives, aiming

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Amazon.ae Expands to Qatar

Amazon.ae announced the expansion of the International Shopping experience to Qatar, allowing local customers to browse and shop hundreds of thousands of eligible products that will be shipped to them from the UAE. Making it easier than ever for customers

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