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Qatar National Bank

Saudi index tracks oil drop
Markets

Saudi index tracks oil drop

BENGALURU: Saudi Arabia’s stock market ended lower on Tuesday as oil prices dropped more than $1 per barrel, while...
Published 26 Oct, 2022 05:52am
Gulf bourses end mixed
Markets

Gulf bourses end mixed

DUBAI: Stock markets in the Gulf ended mixed on Monday, with the Saudi index extending gains from the previous...
Published 18 Jan, 2022 04:20am
Most major Gulf markets gain as financials rise
Markets

Most major Gulf markets gain as financials rise

  • On Sunday, the lender reported its first quarter net profit of 3.3 billion riyals ($906.22 million), down by 7% from a year earlier as it booked 1.4 billion riyals in "precautionary" loan-loss provisions.
Published 12 Apr, 2021 01:43pm
Qatar National Bank closes syndication of $3.5bn loan
Business & Finance

Qatar National Bank closes syndication of $3.5bn loan

  • QNB was planning to raise the loan to refinance an existing $3.5 billion debt facility raised in 2017 which matures next month.
  • The loan included a $2 billion three-year tranche and a $1.5 billion five-year tranche and will be used for general corporate purposes.
Published 16 Nov, 2020 05:38pm