Qatar Business

Doha, Qatar: Gulf Warehousing Company (GWC Group), one of the region’s leading logistics groups providing cross-border and integrated supply chain solutions, announced its financial results for the second quarter (Q2) of 2026 following a meeting of the Board of Directors held yesterday and chaired by GWC Group Chairman, Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani. During the second quarter of 2026, the Group generated gross revenues of QR359m, representing 13% growth over the previous quarter and 4% growth compared with Q2 2025. Net profit reached QR29m, increasing 32% year-on-year. The strong quarterly performance brought first-half net profit to QR62m, with a 6% growth compared with H1 2025. Earnings per share for the second quarter stood at QR0.106 as compared to 0.100 in 2025. Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani, GWC Group Chairman, said: “Our performance this quarter reflects GWC Group’s role as a critical enabler of regional trade. During periods of disruption, resilient supply chains become strategic infrastructure, and our responsibility is to ensure commerce continues to move reliably across the GCC. By creating new trade corridors, maintaining uninterrupted market connectivity, and exercising fiscal and operational prudence, we supported regional economic resilience.” Sheikh Abdulla bin Fahad bin Jassim bin Jaber Al Thani, GWC Group Managing Director, said: “This quarter was about transforming newly established trade corridors into dependable channels for regional commerce. By deploying trade continuity solutions and activating strategic multimodal trade corridors, GWC Group strengthened regional connectivity, expanded its regional logistics capabilities, and delivered what mattered most during a period of uncertainty: essential goods for our communities and uninterrupted business continuity for our customers.” Matthew Kearns, GWC Group CEO, said: “This quarter validated the foundation we have built across the region. Having an established footprint across the GCC meant that when disruption struck, GWC Group could immediately engineer multimodal trade corridors, design customer-specific solutions, and keep supply chains moving."

Qatar Business

Doha, Qatar: Qatar witnessed a total value of transactions across various payment systems worth QR99.101bn with total number of transactions reaching 75.135 million in June this year. The data released by Qatar Central Bank (QCB) yesterday highlighted notable shifts in the country’s payment ecosystem, with strong growth in overall transaction activity. QCB stated that the total payment system transactions reached 75.135 million in June 2026, representing a 21% increase compared to 62.074 million in June 2025. This growth reflects rising adoption of digital payment channels and increased economic activity. The card payment systems continued to dominate transaction volume, accounting for 89.2% of total transactions, although this marks a slight decline from 94.5% the previous year. In contrast, transfer payment systems expanded their share to 10.8%. In terms of value, the payment system recorded a surge from QR70.585bn in June 2025 to QR99.101bn in June 2026 showing a 40% increase. Transfer payment systems were the primary driver of this growth, comprising 76.8% of total transaction value, up from 64.6% the previous year. Meanwhile, card payments represented a smaller share of total value at 23.2%, suggesting that while cards are widely used, higher-value transactions are increasingly processed through transfer systems. The data also highlighted the card payment statistics which shows continued growth in usage. Total card transactions reached 66.996 million, with a combined value of QR23.005bn in June this year. The point-of-sale (POS) transactions remained the dominant channel, increasing from 43,284 million in June 2025 to 48.743 million in June 2026. Online (e-commerce) transactions also saw significant growth, rising from 9.639 million to 13.235 million in the review period, reflecting the continued expansion of digital commerce. Meanwhile the ATM transactions, however, declined slightly from 5.714 million to 5.019 million in June this year. Despite increased transaction volume, the total value of card payments experienced a 8% decline overall. While ATM-related transaction values decreased, both POS and online transaction values showed an increase. QCB data further highlighted a significant expansion in instant transfer services through Qatar Mobile Payment (QMP), reflecting accelerating adoption of digital wallet-based transactions and real-time payment solutions. In June 2026, total transaction value processed through instant transfer systems reached QR387.533m, representing surge of 74% compared to QR222.984m in June 2025. The transaction volume also showed upward momentum, increasing from 278,781 transactions in June last year to 798,615 in June this year, an increase of 183%. The ecosystem supporting these transactions also expanded considerably. The number of total registered wallets reached 1.450 million in June 2026, demonstrating growing user adoption and deeper penetration of digital payment infrastructure across the population. The data also revealed that the instant payment system – Fawran service saw 3.884 million total registered accounts with the total value of QR6.745bn and volume of 3.886 million transactions in June this year. It further indicated growth in Tahweel system (transfer between bank accounts) which witnessed a 62% and 143% surge in value and volume respectively reaching total value of QR68.963bn with volume of 3.463 million transactions in June this year. The overall, the data points to a rapidly evolving payments landscape in Qatar, where instant transfer systems are becoming a key driver of digital financial activity. The strong growth in both transaction value and volume highlights a shift toward faster, more accessible, and widely adopted payment methods. At the same time, the expansion of registered wallets suggests sustained user onboarding and increasing trust in digital payment platforms.

Qatar Business

Doha, Qatar: As part of Doha Bank’s strategic transformation journey, the Bank announced yesterday, the launch of a new corporate identity. The new identity reflects the Bank’s evolving position in the market, its forward-looking vision, and its commitment to delivering unmatched customer experience. The new brand identity represents a significant step in the Bank’s ongoing transformation journey. Over recent years, the Bank has been actively pursuing a comprehensive transformation strategy to realize an ambitious vision centered on delivering unmatched customer experience and best-in-class banking products and services. As such, the new identity extends far beyond visual evolution of the brand, reflecting the Bank’s broader transformation agenda. It also underscores the Bank’s commitment to the values that have guided it since its establishment, while highlighting its future-oriented approach to embracing innovation and leveraging advanced technologies to create seamless banking experiences and broaden access to financial solutions for customers in Qatar and across the markets where the Bank operates. Commenting on the launch, the Chairman Sheikh Mohamed bin Fahad bin Mohamed Jabor Al Thani said: “Since its establishment almost five decades ago, Doha Bank has been accumulating a legacy of customer trust. We achieved this through unwavering commitment to our core values, continuous innovation and development, and active contribution to Qatar’s national growth. We have consistently fulfilled our role as a trusted financial intermediary across the economy while delivering outstanding banking services to both individuals and businesses. Today, the launch of our new brand identity marks a new chapter in a journey of continued success.” Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, Group Chief Executive Officer of Doha Bank, added: “As Qatar continues to advance towards the realization of its National Vision, Doha Bank remains committed to continuously enhancing its products, services, and operations. The launch of our new corporate identity marks an important mile-stone in our strategic transformation journey and celebrates the achievements we have accomplished across the organization. It reflects our deep-rooted institution-al and community values while demonstrating our readiness to embrace the opportunities of the future. Above all, it underscores our enduring commitment to building trust, simplifying banking services, and harnessing technology to create value for our customers and the community we proudly serve.” On her part, Al-Anoud Khalid Al-Attiyah, Head of Marketing, Public Relations and Communications at Doha Bank, said: “The new Doha Bank identity has been built upon the Bank’s long-standing legacy. The logo comprises the letter D, rendered in bold and smooth lines inspired by the sail of the traditional Qatari dhow. The design reflects our commitment to our authentic values while symbolizing continuous progress, innovation, and a clear vision for the future.” She further highlighted the symbolism behind the new brand colors, stating: “We carefully selected a visually balanced color palette rich in meanings and symbolism. Inspired by Qatar’s shores, the identity incorporates a deep shade of blue representing depth, growth, and progress, complemented by a sand beige color that reflects our strong roots and enduring connection to our values and traditions” The new corporate identity will be rolled out progressively across all customer touch-points and stakeholder communications in accordance with a phased implementation plan, beginning in Qatar and extending across Doha Bank’s international network.