Financial Services

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A highly competitive sector, insurance in Qatar has seen impressive growth in recent years, both in terms of premiums and in the number of active insurers. With the latter divided between firms based inside the Qatar Financial Centre (QFC) and companies based outside, a third category of brokers, who may have no physical presence in the country at...

Under the Qatar National Vision 2030 – the country’s long-term development plan – the provision of a comprehensive health care system has been prioritised. As a result, the National Health Strategy 2011-16 was drawn up by the Supreme Council of Health (SCH), and is likely to see the implementation of a mandatory health insurance scheme in the very...

Given the positive economic performance in 2011, what was the strategy behind the interest cut?

What do you identify as the most significant impediments to industry consolidation?

With its exchange the best performing in the GCC region for the last two years, Qatar’s capital markets look set for further development going forward. Additional indices, new systems, and secondary and junior markets are all being established as part of a long-term strategy to make the country a major global financial centre. All this comes on the...

THE COMPANY: Qatar Islamic Bank (QIBK on the Qatar Exchange) is the third-largest bank in the country, with an 8.4% market share in terms of total assets in 2011, as well as the largest Islamic bank. Established in 1982, QIBK has a presence in Qatar and overseas, including Europe, Asia, the Middle East...

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