Al Khaliji rebrands and expands
Qatar-based Al Khaliji bank, which launched as an investment bank in January of 2007 with a capital base of QR7.2 billion ($2 billion) has gone retail. It is due to open its first branch in Doha on 116 June. The new branch is going to be located at the Al Khaliji QPost Centre in Doha, which chief executive David Proctor said was chosen because of its central location and ease of access. The bank said it plans to open a further six branches by the end of the year and they will be situated across Qatar.