Latest news with #SheikhFahad
Zawya
15-07-2025
- Business
- Zawya
Doha Bank H1 net profit jumps 8.1%
Doha Bank has reported an 8.1% year-on-year increase in net profit to QR467mn in the first half of this year. Total assets reached QR123bn in January-June 2025, representing a growth of 16.2% on an annualised basis, said Sheikh Fahad bin Mohammad bin Jabor al-Thani, Doha Bank Chairman. Net loans and advances amounted to QR60bn, a 1.7% increase over the previous year. Customer deposit deposits stood at QR50.9bn compared to QR51.6bn, a marginal decrease of 1.2%, while the overall liquidity remains 'strong', according to him. 'The bank continues to demonstrate strength in capital and liquidity metrics. Our common equity Tier 1 (CET1) ratio stands at 13.13%, while the total capital adequacy ratio is robust at 19.19%,' said Sheikh Abdul Rahman bin Mohammad bin Jabor al-Thani, Managing Director, Doha Bank. The loan-to-deposit ratio is 90.80%, which is comfortably within regulatory thresholds, he said, adding the bank has also improved its funding structure, positioning it to support anticipated lending growth. 'Our liquidity coverage ratio is strong at 350.7% compared to 168% at year-end, and our total shareholders' equity reached QR14.9bn, marking a 1.6% increase year-on-year,' he said. Sheikh Abdulrahman bin Fahad bin Faisal al-Thani, Doha Bank Group Chief Executive Officer, highlighted the successful closing of the bank's debut euro-denominated syndicated loan during the second quarter (Q2). Highlighting its €500mn three-year syndicated term loan; he said: 'This transaction was a significant step in diversifying our funding sources and currency base. Impressively, 56% of the lenders were new to Doha Bank, underscoring growing international investor confidence in our credit profile.' During Q2-2025, Doha Bank had partnered with Blackstone to offer private capital strategies to Qatari investors, enhancing investment solutions for institutional and high-net-worth clients. The board had approved a proposal to repurchase up to 10% of fully paid-up shares, subject to regulatory approvals. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Times of Oman
10-07-2025
- Politics
- Times of Oman
HM the Sultan receives thanks cable from Emir of Kuwait
Muscat: His Majesty Sultan Haitham bin Tarik has received a cable of thanks from Sheikh Mishal Al Ahmad Al Jaber Al Sabah, Emir of the State of Kuwait in response to His Majesty's cable of condolences on the death of Sheikh Fahad Sabah Al Nasser Al Mubarak Al Sabah. In the cable, the Emir expressed his sincere appreciation for His Majesty's heartfelt sentiments, praying to Allah the almighty to bless His Majesty and to grant him continuous good health and wellbeing.
Times of Oman
01-07-2025
- Politics
- Times of Oman
HM the Sultan condoles Emir of Kuwait
Muscat: His Majesty Sultan Haitham bin Tarik has sent a cable of condolences to Sheikh Mishal Al Ahmad Al Jaber Al Sabah, Emir of the State of Kuwait on the death of Sheikh Fahad Sabah Al Nasser Al Mubarak Al Sabah. In the cable, His Majesty the Sultan expressed his sincere sympathies to the Emir and the Al Sabah family. His Majesty also prayed to Allah the Almighty to rest the deceased's soul in peace in paradise and grant his family the fortitude to bear the loss.
Asharq Al-Awsat
01-07-2025
- Politics
- Asharq Al-Awsat
Saudi Leadership Condoles Kuwaiti Emir on the Passing of Sheikh Fahad Al-Sabah
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud sent a cable of condolences to Kuwaiti Emir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah on the passing of Sheikh Fahad Sabah Al-Nasser Al-Mubarak Al-Sabah. In the cable, the Custodian of the Two Holy Mosques extended his sincere condolences and sympathy to the Emir and the family of the deceased. Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, sent a similar cable of condolences to the Kuwaiti Emir and Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah.
Arab News
30-06-2025
- General
- Arab News
Saudi leadership extends condolences over death of Kuwait's Sheikh Fahad Sabah Al-Nasser Al-Sabah
RIYADH: Saudi Arabia's King Salman sent a cable of condolences to the Emir of Kuwait Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah on the passing of Sheikh Fahad Sabah Al-Nasser Al-Sabah. Sheikh Fahad passed away at the age of 75 and his funeral took place on Monday morning, Kuwait News Agency reported. King Salman prayed for the deceased's forgiveness and extended his condolences to Sheikh Fahad's family, Saudi Press Agency reported on Monday. Crown Prince Mohammed bin Salman sent similar cables of condolences to Sheikh Meshal and Kuwaiti Crown Prince Sheikh Sabah Al-Khaled Al-Sabah.
