DOHA, QATAR - The Qatar Central Bank issued treasury bills and sukuk with maturities of one week, one month, three months, six months and nine months totaling US$686 million (QR 2.5 billion). In a statement posted on the social media platform "X" on Thursday, QCB said that the issuance was...
Qatar’s strategic initiatives boost sustainable infra
"The financial sector is well-positioned to leverage the opportunities and address the risks presented by the technological evolution. We are committed to ensuring that the financial sector has the necessary resilience, capital, and liquidity to maximize opportunities and effectively mitigate risks," adds Maha Sultan Al Sowaidi.
Qatar Central Bank foreign reserves rise by 11.73% in October
Doha, Qatar - The International reserves and foreign currency liquidity of Qatar Central Bank (QCB) surged by 11.73% in October 2023 to reach $67.04 billion, compared to $59.97 billion in October 2022. The figures issued by QCB on Wednesday showed an increase in its official reserves at the end of...Qatar Central Bank issues treasury bills worth $137 million for a week
Doha, Qatar -- Qatar Central Bank (QCB) issued treasury bills worth QR 500 million ($137 million) for a one-week term, due on Sep. 28, at an interest rate of 5.7550 percent. Earlier this month, QCB issued treasury bills for one week that amounted to QR one billion. Treasury bills are...Qatar’s Q2 2023 budget posts record surplus of US$2.7bn
DOHA, QATAR - The Ministry of Finance announced that the budget of Qatar for the second quarter of the year 2023 recorded a surplus of US$2.7 billion (QR 10 billion). In its briefing on the actual data of Qatar's budget in the second quarter (Q2) of 2023, the ministry said...QCB to grant licenses to website providers for comparing prices of insurance policies
Doha, Qatar--Qatar Central Bank (QCB) has exhorted companies willing to work in providing website services to compare prices of insurance policies to promptly submit applications to receive the required license from the bank. In a statement on Saturday, QCB outlined that this announcement comes in alignment with financial sector and...Qatar Central Bank foreign reserves surge by 14.3% in July
Doha, Qatar - The international reserves and foreign currency liquidity of Qatar Central Bank (QCB) surged last July to reach QR 241.572 billion ($66.26 billion), marking a 14.13 percent increase compared to QR 211.325 billion ($58.17 billion) in the same month the previous year. The data released on Monday by...Qatar Central Bank’s foreign reserves up 14 percent in June
Doha, Qatar -- International reserves and foreign currency liquidity of Qatar Central Bank (QCB) rose to reach QR 240.742 billion ($66.11 billion) in June, an increase of 14 percent, compared to QR 211.176 billion last year, Qatar News Agency (QNA) reported. The figures issued Thursday by QCB showed an increase...Availability of government sukuks boosts investment options for Islamic banks: Fitch
Doha, Qatar--The increasing availability of government sukuk and Islamic liquidity management tools by the Qatar Central Bank supports liquidity management and investment options for Islamic banks, according to a report from Fitch Ratings. In a report issued today, it indicated that its review of its future expectations for three Qatari...
GCC central banks align rates with US Fed Reserve
The regional apex banks -- including the CBUAE, SAMA, CBB, and QCB -- have raised rates by 25bps in response to the US Fed's decision to increase its benchmark lending rate.Qatar foreign reserves post 12% jump to US$65bn in March
Doha, Qatar-- Qatar Central Bank has reported an increase in international reserves and foreign currency liquidity in March to $65 billion, an increase of 11.7 percent, compared to $58 billion in the same month last year. The figures issued by the Qatar Central Bank today showed an increase in its...QCB issues treasury bills worth $832m for up to nine months
Doha, Qatar -- Qatar Central Bank (QCB) has issued treasury bills worth QR 3 billion ($832 million), attracting a total of QR 4.5 billion. QCB said in a tweet that one of bills, valued QR 1 billion had a tenor of one week and a yield of 5.005 percent. Another...We help investors, give them additional tools: QCSD
The first thing QCSD worked on was the movable funds register aimed at helping small and medium-sized enterprises to benefit from the tools, equipment, and goods they have to obtain financing to develop their business, he adds at the event organized by Qatar Association of Certified Public Accountants.Qatar’s foreign reserves post 9.6% rise in December to US$59.31bn
Doha, Qatar--Qatar Central Bank's (QCB) international reserves and foreign currencies liquidity increased last December by 9.6 percent on an annual basis, to reach $59.31, compared to $54 billion in the same period last year. December recorded a monthly growth of 2.7 percent compared to November 2022. The figures issued by...
Gulf central banks raise interest in line with US Fed’s rate hike
The Saudi Central Bank, known as Sama, the Central Bank of Bahrain and Qatar Central Bank upped their interest rates by 50 basis points.Qatar Central Bank’s foreign reserves surge 6.82 percent in Nov
Doha, Qatar---The foreign currency reserves and liquidity of the Qatar Central Bank (QCB) increased by 6.82 percent to reach QR 223.985 billion ($61.51 billion) in November compared to QR 209.675 billion in November 2021. The figures issued by the QCB show the bank's official reserves increased by the end of...
Qatar Central Bank issues treasury bills, sukuk worth $1.6 billion
Doha--The Qatar Central Bank (QCB) has issued Treasury Bills and Sukuk for periods of one week, one month, three, six and nine months worth QR 6 billion ($1.6 billion), and the auction attracted a record amount of bids totaling QR 9.75 billion. In a statement, QCB stated that the treasury...Qatar Central Bank’s foreign currency reserves rise to $59bn in August
Official reserves consist of four main components: foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, special drawing rights deposits, and Qatar's share in the IMF.Qatar Central Bank issues treasury bills valued $164m for Sept
Doha--Qatar Central Bank (QCB) has issued treasury bills for September 2022 for three, six and nine months, with a value of QR 600 million ($164 million). QCB said in a statement that QR 300 million worth of bills have been issued for three months at an interest rate of 1.09 ...Qatar’s central bank’s foreign currency reserves hit $58bn in July
Qatar Central Bank’s (QCB) foreign currency reserves and liquidity increased 2.79 percent to reach QR 211.32 billion ($58bn) in July 2022. The same figures were recorded at QR 205.57 billion ($56.5bn) in July 2021. QCB on Sunday showed its official reserves, comparatively last year, increased QR 4.78 billion till July...Qatar government, banks behind its strong economic show: CEOs
The measures adopted by Qatar’s government and Qatar Central Bank proved decisive in countering the negative impacts of pandemic and achieving economic recovery, CEOs of multiple Qatari banks said. They were speaking during their participation in the Euromoney’s Qatar Conference 2022, which began Sunday, according to Qatari media reports. The...
