Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech. Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes…
Qatar Central Bank (QCB) has announced that the payment services through the national e-Commerce Gateway (QPay) is now available through using (FAWRAN) instant payment service. The service allows merchants to register with the service to help them accept payment transactions for the purchases customers make by using this service. Provision of multiple options for customers…
Qatar Financial Centre (QFC), a leading onshore financial and business hub in the region, has been recognized with three notable awards, highlighting its dedication to fostering innovation in financial services and impactful corporate social responsibility (CSR) initiatives. Among the accolades is the esteemed Emerging Technology Initiative Award, presented at the 8th Middle East Enterprise AI…
QNB has announced its certification of Noqoody Payment Services’ cutting-edge Point-of-Sale (POS) solutions. This strategic partnership underscores QNB’s commitment to advancing digital innovation and enhancing the payment ecosystem in Qatar. Noqoody’s advanced POS technology, now certified by QNB, represents a major advancement in transaction solutions, designed to meet the evolving needs of businesses across the…
In line with Qatar National Vision 2030 and the Third National Development Strategy, and in adherence to the Third Financial Sector Strategy, the Qatar Central Bank launched today, Wednesday, October 9, 2024, its strategy for the period 2024-2030 aimed at achieving the Third National Development Strategy objectives. This strategy serves as an essential roadmap, integrating…
