Qatar

Qatar cb focusing on transparency

Sheikh Abdullah bin Saud Al Thani, Governor of Qatar Central Bank (QCB), said Tuesday 8 May that the QCB will give high priority to strengthening good corporate governance, transparency and accountability in the financial sector.

Qatar considers single financial regulator

According to a recent article published by the Gulf Times, 'Doha mulls UK-style single regulator', Qatar is considering a single financial regulator along the lines of the UK as part of its efforts to form an umbrella organisation.

BNM's Zeti at the INCEIF Strategic Partnership

In welcoming remarks at the INCEIF Strategic Partnership 2006 given on 14 December Dr. Zeti Akhtar Aziz of the Bank Negara Malaysia said one of the strategic steps that INCEIF has initiated is the forging into strategic alliances with the five takaful…

Qatar rules out reserve policy shift

Qatar central bank governor HE Sheikh Abdullah bin Saud al-Thani said Sunday 5 November that the Qatar has no plans to change its policy on foreign exchange reserves.

Inflation major risk to GCC currency bid

According to this recent article published on the Trade Arabia website, petty politics and diverging inflation rates are the main risks to the Gulf's attempts to set up a monetary union by 2010.

Qatar appoints Lord Woolf to regulatory tribunal

Lord Woolf, formerly Lord Chief Justice, is to be appointed as the senior judge for Qatar's new financial centre. He will become the first President of the Qatar Financial Centre (QFC) Tribunal, which he will help establish, and he will preside over…

Qatar appoints central bank chief

Qatar appointed a member of its ruling family to the position of head of the central bank on Sunday 7 May, according to the AME Info website.

Comments: Reserve diversification

Recent reports of the diversification official foreign exchange reserves in the Middle East have not gone unnoticed. Economists are starting to ask if the prospect of large-scale reserve diversification is back on the international agenda, following a…

ECB to advise GCC states

The European Central Bank will advise Gulf states on their plans for possible monetary union a spokesman for the ECB was quoted by AFX as saying on Tuesday 18 April.

ECB advice sought by Gulf Arab states

A senior official at the GCC said on Thursday 15 September that Gulf Arab states will seek help from the European Central Bank in establishing a monetary authority to oversee their planned single currency.

Seminar stresses need for Qatar's Q-pay project

Hashim Al Sada, Director of System Development and Planning at Qatar central bank on Monday 10 January stressed the importance of the Q-Pay project which would enable online payments through the Internet.

GCC bankers discuss monetary union in Qatar

The 35th meeting of the Gulf Cooperation Council Central Bank Governors was held in Qatar on Sunday 12 October, reports The Peninsula, to discuss the work of the monetary union technical committee on issues related to the standards of economic…

Qatar to enact anti-money laundering rules soon

The deputy governor of the central bank of Qatar has said that anti-money laundering laws will be issued in the near future, according to Mena FN. The Law aims to establish a legislative framework for the policies and regulations to be adopted for…

Meeting of AGCC cb governors in Qatar

The meeting of AGCC central bank governors in Qatar on Thursday 3 April was due to discuss issues concerning the common AGCC currency and the supervision of the banking system, according to a report in the Times of Oman.

Qatar's finance conference to be held in London

QATAR - Qatar's next finance and investment conference will be held on 19 and 20 September in London. It is organized by the ABC establishment. Remarkable figures and ministers from Qatar and several financial, investment and industry establishments are…

Gulf to make dollar peg to monetary union-report

BAHRAIN - Members of the Gulf Cooperation Council have agreed to adopt the U.S. dollar as the sole peg for a proposed single currency for the group, senior GCC official said in remarks published by Bahraini newspapers on Apr 22.

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