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The Qatar Financial Centre (QFC) is a business and financial centre located in Doha, Qatar, providing legal and regulatory services for local and international companies.. Established in March 2005, it advances the Qatari government’s economic policy and contributes to the country's economic diversification and development plans, attracting investment by offering a favorable legal ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
The Saudi Payments Network (Arabic: الشبكة السعودية للمدفوعات), commonly known as Mada (Arabic: مدى, literally "range" or "extend" ; formerly SPAN), is the primary payment system in Saudi Arabia. Established by the Saudi Central Bank (SAMA), the network connects all automated teller machines (ATMs) and point-of-sale ...
Kahramaa (Qatar General Electricity and Water Corporation), was established in July 2000 to regulate and maintain the supply of electricity and water for the population of Qatar. [1] Since inception, Kahramaa has operated as an independent corporation on a commercial basis with a total capital of eight billion Qatari riyals .
Groundwater recharge or deep drainage or deep percolation is a hydrologic process, where water moves downward from surface water to groundwater. Recharge is the primary method through which water enters an aquifer. This process usually occurs in the vadose zone below plant roots and is often expressed as a flux to the water table surface.
In response to the 2017 Qatar diplomatic crisis, banks in the countries blockading Qatar had to stop trading with Qatari banks. This led to a fall in liquidity offshore and a move away from the fixed exchange rate outside of Qatar, with up to QR 3.81 being required to buy 1 US dollar in late June 2017, [ 9 ] a situation that continued until ...
Qatar Post (formerly Q-Post) [1] is the national provider of postal services in Qatar. [2] Its headquarters building, the General Post Office, has been on the Doha Corniche since 1988. [2] [3] The company was established in 1950 as the General Postal Corporation and the country's first post office opened in Doha that same year. [2]
Before the emergence of petrol-based industry, Qatar was a poor pearl diving country. The exploration of oil and gas fields began in 1939. [16] [17] In 1973, oil production and revenues increased dramatically, moving Qatar out of the ranks of the world's poorest countries and providing it with one of the highest per capita incomes in the world.