Qatar First Bank sets sights on Saudi Arabia 2030 goals

      Published on Tuesday, 24 May , 2016      865 Views     
Qatar First Bank sets sights on Saudi Arabia 2030 goals


Doha-based Qatar First Bank LLC recently commended a plan revealed by Deputy Crown Prince Mohammad AlSaud with an eye toward fashioning the kingdom into a powerful global investment hub in a post-oil economy.



The Saudi Arabia 2030 vision will take shape under the auspices of King Salman AlSaud, along with backing from the prince, who also serves as first deputy prime minister and as minister of interior of Saudi Arabia.

Qatar First Bank (QFB) Chairman Abdulla AlMarri noted that the long-range plan will serve as a type of roadmap for the kingdom’s path over the next decade and a half, with aspirations for significant economic progress.

“The 2030 vision seeks to build a prosperous economy and a dynamic society and establish an ambitious nation that explores the great human and financial potential of the Kingdom,” AlMarri said. “QFB sits at the forefront of these ambitious drives, and we will accelerate the execution of our business plans in the kingdom with the aim to meet the aspirations of our shareholders and clients in Saudi Arabia.”

The country expects to develop relations with potential investors from neighboring GCC nations, as well as more far-flung jurisdictions, in order to strengthen its long-term overall financial stability. Regardless of current economic challenges, QFB maintains “an attractive pipeline” of pending transactions scheduled for completion in 2016.



http://gulfnewsjournal.com/

Keywords:
Category Business | 2016/05/24 latest update at 1:00 AM
Source : | Photocredit :
866 Views
Comments Add comment



Gulf Media

Related Articles

The editorial staff of Qatar Today would like to give all of its readers from Gulf and Qatar and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Qatar Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Qatar, the Gulf and the world.


Only international actions can settle the world’s ‘enormous and diverse cross-border challenges’, Qatar tells UN Assembly Emir

Only international actions can settle the world’s ‘enormous and diverse cross-border challenges’, Qatar tells UN Assembly

Pointing to “the strategic importance of the Gulf region”, Sheikh Tamim Bin Hamad al-Thani Amir maintained that its stability warrants…

Amir congratulates President of Colombia Emir

Amir congratulates President of Colombia

Amir H H Sheikh Tamim bin Hamad Al Thani, Deputy Amir H H Sheikh Abdullah bin Hamad Al…

Iran’s Rouhani Says Boosting Ties With Qatar A Priority Emir

Iran’s Rouhani Says Boosting Ties With Qatar A Priority

Iranian President Hassan Rouhani described enhancement of relations with neighbors, Qatar in particular, as an indispensable part of…

Amir performs Eid Al Fitr prayer; receives well-wishers Emir

Amir performs Eid Al Fitr prayer; receives well-wishers

HH the Amir Sheikh Tamim bin Hamad Al-Thani performed Tuesday morning Eid Al Fitr prayer with citizens at…

GULF TV

Popular in GULF TV

About DFI

34424 Views

Doha Film Institute is dedicated to film appreciation, education, and building a dynamic film industry in Qatar that…

Latest videos in GULF TV

Events

Qatar Events

Lifestyle

Life

Culture

Culture News

Sport

Sport

Science & Technology

Science & Technology

Government

Government News