Qatar

In Partnership With

One of the world’s wealthiest nations thanks to its vast deposits of natural gas and oil, Qatar boasts one of the highest per capita incomes globally. In line with the National Vision 2030’s initiative of broadening the economic base, the government has successfully encouraged private investment across sectors ranging from tourism and infrastructure, to financial services and information and communications technology. Up to 100% foreign ownership of businesses in most sectors is allowed. However, reservations among foreign investors persist. Qatar ranks low on gender equality and female participation in the labor force, rigid cultural norms are broadly implemented, and employment rules are strictly regulated.

Already one of the world’s biggest liquified natural gas exporters, Qatar is expected to more than double its LNG output to over 140 million tonnes per annum by 2030 thanks to the North Field expansion project.  Qatar has cemented its status as a cornerstone of stability and a champion of diplomacy in a volatile region.

Bandar bin Mohammed bin Saoud Al-Thani has led Qatar’s central bank since November 2021.

Source: World Integrated Trade Solution

Source: World Integrated Trade Solution

Since its establishment in 1964, QNB Group has steadily grown to be the biggest bank in Qatar and the largest financial institution in the Middle East and Africa. QNB has an active community support program and sponsors various social, educational and sporting events, locally and internationally. The Group’s network expansion comes in support of its vision to become a leading bank in the Middle East, Africa, and Southeast Asia.

QNB Group has maintained its position as the highest-rated bank in Qatar and one of the highest rated banks in the world from leading credit rating agencies including Standard & Poor’s (A+), and Moody’s (Aa3), and Fitch (A).

The Bank has also been the recipient of many awards from leading international specialised financial publications.

QNB Group’s presence extends to more than 28 countries across three continents operating from approximately 900 locations supported by 30,000 staff and over 4,800 ATMs.