Qatar's Masraf Al Rayan completes key merger with al khalijiQatari investment group Masraf Al Rayan has announced the successful completion of its merger with Al Khalij Commercial Bank (al khaliji) effective today (November 30). With this announcement More… |
Qatari group Masraf Al Rayan gets new chairmanMasraf Al Rayan, a leading Qatari group involved in banking, financing and investing activities, has appointed Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani as the new chairman of its board of directors. More… |
Qatari banks Masraf Al Rayan and Al Khaliji set for mergerLeading Qatari banks Masraf Al Rayan and Al Khaliji have entered into a merger agreement to create one of the region's leading Shari’ah-compliant regional banks. The merger agreement is conditional on More… |
Qatari banks cancel three-way merger as GCC boycott bitesThree of the Qatar’s leading banks - Masraf Al Rayan (MAR, A1 negative, baa21), Barwa Bank Q.S.C. (A2 negative, baa3) and International Bank of Qatar Q.S.C. (IBQ, A2 negative, baa3) called off the three-way merger they had been negotiating More… |
Qatar's Masraf Al Rayan Q4 net profit down 3pcMasraf Al Rayan, Qatar's second-largest bank by market value, reported a 3 per cent fall in fourth-quarter net profit on Monday, according to Reuters calculations. Net profit for the three months to December 31 was QR559 milli More… |
Masraf wins WIBC award for performanceMasraf Al Rayan, a Qatar-based Islamic bank, won the award for best performing Islamic Bank globally the 22nd annual World Islamic Banking Conference (WIBC)concluding today (December 3) in Bahrain. Masraf Al Rayan was honoured for More… |
Masraf Al Rayan Q3 profit falls 2.2 pcMasraf Al Rayan, Qatar's second largest bank by market value, reported a 2.2 per cent fall in third-quarter net profit on Sunday, broadly in line with analysts' expectations. Net profit for the three months to September 30 More… |
Manateq, Masraf Al Rayan sign funding deal for logistics projectQatar's Masraf Al Rayan has signed a deal with the government to provide QR1.8 billion ($494.4 million) of financing that will be used to build the largest logistics project in the country's south, a bourse filing said on Sunday. More… |
Manateq, Masraf Al Rayan sign funding deal for logistics projectQatar's Masraf Al Rayan has signed a deal with the government to provide QR1.8 billion ($494.4 million) of financing that will be used to build the largest logistics project in the country's south, a bourse filing said on Sunday. More… |
Masraf Al Rayan Q1 profit rises 18pcMasraf Al Rayan, Qatar's second-largest bank by market value, reported an 18 per cent increase in first-quarter net profit on Monday, beating analysts' expectations. The bank is the fourth major Qatari lender to report its More… |