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Qatar Central Bank Introduces FAWRAN Instant Payment Service for Swift Financial Transactions
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Qatar Central Bank Introduces FAWRAN Instant Payment Service for Swift Financial Transactions

In a bid to streamline financial transactions and bolster the efficiency of banking operations, the Qatar Central Bank (QCB) unveiled its latest innovation, the FAWRAN instant payment service. This groundbreaking initiative aims to expedite transactions between individuals and companies, marking a significant advancement in the realm of financial technology within Qatar. FAWRAN, which translates to...

Qatar Islamic Bank Launches QIB Lite App to Enhance Financial Inclusion
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Qatar Islamic Bank Launches QIB Lite App to Enhance Financial Inclusion

Qatar Islamic Bank (QIB), the country’s leading digital bank, has unveiled the QIB Lite App, a revolutionary, simplified version of its flagship QIB Mobile App. This innovative offering, available in multiple languages, aims to set new standards for instant payments and simplified transfers at affordable rates. Launched as part of QIB’s commitment to financial inclusion,...