US EditionQNB becomes the first bank in Middle East & Africa to open a branch in India's GIFT City
- On May 7, 2025, QNB, a leading bank in the Middle East and Africa region, inaugurated a new branch in Gujarat's GIFT City, marking the first presence of a MEA-based bank in India's premier international financial hub.
- This new branch builds on QNB’s initial entry into the Indian market in 2017 and aims to support domestic businesses looking for reliable banking solutions amid the country’s dynamic economic expansion.
- The new branch, located in GIFT City—a pioneering financial hub and designated economic zone in India—broadens QNB’s multi-currency offerings to better serve both domestic and international clients.
- QNB’s Senior Executive VP Ali Darwish said the GIFT branch will strengthen the bank’s network spanning 28 markets across three continents as India grows rapidly.
- This branch expansion enables QNB to address the rising needs of India’s financial industry, which is expected to grow swiftly supported by stronger asset quality and favorable economic outlooks.
10 Articles
10 Articles
Kilgore News Herald
QNB becomes the first bank in Middle East & Africa to open a branch in India's GIFT City
DOHA, Qatar, May 7, 2025 /PRNewswire/ -- QNB, the largest financial institution in the Middle East and Africa (MEA), has become the first bank from the MEA region to open a branch in GIFT City in Gujarat, India's first international…
GIFT City Takes Off With Axis Bank Lease Deal
The deal also marks a milestone for Indian aviation finance: the first transaction in which all the stakeholders— lender, borrower, law firm (Dentons), facility agent, and security agent—worked through their entities based in the Gujarat International Finance Tec-City (GIFT City), India’s new international financial services center (IFSC). Indian airlines have typically relied on multinational banks and foreign lenders for aircraft leases, main…
Market: QNB opens office in Gift City
Indian branch will strengthen QNB’s global network QNB, the largest financial institution in the Middle East and Africa (MEA), has become the first bank from the MEA region to open a branch in GIFT City in Gujarat, India’s first international financial centre & special economic zone. Commenting on the launch of the new branch, Abdullah […] Source
Asianewstoday
ADKhabarQNB becomes the first bank in Middle East & Africa to open a branch in India’s GIFT City
DOHA, Qatar, May 7, 2025 /PRNewswire/ — QNB, the largest financial institution in the Middle East and Africa (MEA), has become the first bank from the MEA region to open a branch in GIFT City in Gujarat, India’s first international financial centre & special economic zone. Commenting on the launch of the new branch, Mr. Abdullah Mubarak Al Khalifa, CEO of QNB Group, said: “India’s banking sector is poised for rapid growth on the strength of robu…
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