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HSBC Private Banking announces its new Qatar head

HSBC Private Banking announces its new Qatar head
thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.

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HSBC Qatar comes out on top at The Asset Triple A Sustainable Investing Awards

HSBC Qatar comes out on top at The Asset Triple A Sustainable Investing Awards
thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.

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HSBC Qatar appoints Laura Dunn as COO

HSBC Qatar has appointed Laura Dunn (pictured) as Chief Operating Officer (COO), the first woman to be appointed in this role at HSBC in Qatar.

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Six more Qataris join HSBC as graduate trainees


This half-dozen group of successfully joined HSBC's renowned Graduate Programme, launching their careers as banking professionals.  
'We are very proud of the new intake of Qatari graduates who have joined us this year, said Abdul Hakeem, CEO of HSBC in Qatar. 'They have distinguished themselves as highly motivated, innovative thinkers with a passion for the industry.  The Qatar National Vision 2030 has been a catalyst in the development of an extensive talent pool in the country and we are excited to work with these young talents in developing their careers and contributing to the local economy, Abdul Hakeem Mostafawi added.   
The six graduates, Zainab Al Khuzaie, Noor Abdulla, Ghada Al Thani, Mohammed Lari, Yousif Al Derbesti and Haya Almadadi will take their initial assignments in several different business lines within the bank. They will be introduced to a number of disciplines over the next 24 months, after which they will start their permanent roles as junior leaders.

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HSBC completes first Islamic trade facility in Menat at $100m with QIB


HSBC completes first Islamic trade facility in Menat at $100m with QIB
 14 Feb 2021 - 8:53
Abdul Hakeem Mostafawi (left), CEO of HSBC Qatar, and Bassel Gamal, Group CEO of QIB.
The Peninsula
Doha: HSBC Bank Middle East has completed its first Islamic trade facility in the Middle East, North Africa, and Turkey (Menat) region valued at $100m, in January 2021 with Qatar Islamic Bank (QIB), Qatar’s largest Islamic institution. The Financial Institutions Refinance trade facility is a new addition to HSBC Bank Middle East’s Islamic product suite.  
“This is a first-of-its-kind transaction for HSBC Bank Middle East within the Menat region and we are very proud that Qatar was the first country where it was executed,” said Abdul Hakeem Mostafawi, CEO of HSBC Qatar. “We are very optimistic about the different growth opportunities in Qatar that is driven by the expansion in gas production, final preparations for the FIFA 2022 World Cup and ongoing investment in infrastructure development. This transaction signals a strong start to the year,” he added. 

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HSBC MENAT eyes growth as GDP and trade rebound


HSBC MENAT eyes growth as GDP and trade rebound
 17 Jan 2021 - 8:25
Abdul Hakeem Mostafawi (left) and Martin Tricaud
The Peninsula
Doha: HSBC has ambitious plans for growth in its business in the Middle East, North Africa and Turkey (MENAT), where a rebound in GDP and international trade will position the region as one of the fastest growing in the world over the coming decade.   
As the nine markets in which the bank operates in the region bounce back from the impact of the COVID-19 pandemic, HSBC expects economic growth and international trade in MENAT to outpace the global average and create a raft of new opportunities across the bank’s customer spectrum.

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HSBC voted best cash management bank in Qatar and Middle East


HSBC voted best cash management bank in Qatar and Middle East
 22 Dec 2020 - 9:41
The Peninsula
Doha: HSBC Qatar has been voted the #1 cash management bank by corporates for the 11th consecutive year in the annual Euromoney Cash Management Survey. HSBC Qatar was also voted the #1 bank for cash management service by corporates.
“This accolade demonstrates our customers’ confidence in our cash and liquidity management services as well as our broader role as their banking partner, which is particularly important during these difficult times. It also demonstrates the value of our investment in digital, which has ensured our cash management platform is market leading at a local, regional and global level,” said Abdul Hakeem Mostafawi (pictured), CEO of HSBC in Qatar.   

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