QNB Group and JPMorgan Chase said in a statement Monday that by adopting JPMorgan's Kinexys digital payment system, QNB is now able to process U.S. dollar payments for its Qatari business customers 24/7 in minutes. By contrast, payments with traditional banks are primarily made on weekdays and can take days to reach the recipient.
QNB Group, Standard Chartered, and DMZ Finance have announced the launch of the QCD Money Market Fund, a regulated tokenized money market fund in the Dubai International Financial Centre (DIFC), which is sponsored and managed by QNB Group, the largest bank in the Middle East and Africa, with DMZ Finance acting as co-sponsor and exclusive provider of tokenized infrastructure.
On September 11, according to the Wall Street Journal, senior US government officials said that Trump had a heated phone call with Israeli Prime Minister Benjamin Netanyahu on Tuesday, and Trump was very disappointed by Israel's attack on Hamas representatives in Qatar. Trump told Netanyahu that the decision to attack Hamas political leaders in the Qatari capital Doha was unwise. Officials said Trump was angry because he learned of the news through the US military, not Israel, and that the targe...
Israel's unannounced airstrike on Hamas representatives in Qatar, Trump angered allies for acting improperly. The phone exchange between the two strongmen was exposed. Click to view...
Israeli Prime Minister Benjamin Netanyahu: Call on Qatar to expel Hamas leaders or take them to court. Otherwise, we will take action.
Qatar's Prime Minister reserves the right to respond to Israeli attacks.
On September 9, an Israeli official said that Israel launched an attack on senior Hamas political leaders in the Qatari capital Doha, escalating its attack on the group as Israel ramps up its offensive on the Gaza Strip. Israeli officials said that US President Donald Trump has approved the attack on Hamas leaders in Qatar. Qatar is an important US partner in the region, but Hamas political leaders maintain offices and residences there. It was not immediately clear if anyone was killed in the at...
According to ABC News, the Trump administration has accepted an "unconditional donation" of a luxury plane from Qatar, but there are no rules on what to do with the plane after President Trump leaves office. The memorandum of understanding was signed earlier this month by U.S. Defense Secretary Hegseth and Qatar. According to CBS, there are...
According to CoinDesk, the Dubai Financial Services Authority (DFSA) has approved the QCD Money Market Fund (QCDT), the first tokenized money market fund to be officially established in the Dubai International Financial Centre (DIFC). The fund is jointly launched by Qatar National Bank (QNB), which is responsible for investment strategy and asset allocation, and DMZ Finance, which provides the underlying digital architecture technology. The fund is designed to integrate traditional assets such a...
According to an official, US President Donald Trump informed the emir of Qatar that Israel had agreed to a ceasefire and asked Qatar to assist in persuading Iran to do the same.