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In recognition of its market-leading capabilities QNB Group named World's Best Bank for Emerging Markets in 2024

Business

In recognition of its market-leading capabilities QNB Group named World's Best Bank for Emerging Markets in 2024
Business

Business

In recognition of its market-leading capabilities QNB Group named World's Best Bank for Emerging Markets in 2024

2024-08-14 20:20 Last Updated At:20:35

DOHA, Qatar, Aug. 14, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, has been recognised by Global Finance Magazine as The World's Best Bank for Emerging Markets in 2024, recognizing its market-leading capabilities and robust presence in these markets.

The recognition underscores QNB 's commitment to developing its global network through the world's fastest growing markets in the Middle East and Africa, Asia, and Europe thanks to its expertise and regional outreach to support growth of its clients in multiple markets.

As a key market leader across 28 countries in three continents, QNB Group is renowned for its innovative solutions and expertise to provide best-in-class services for its clients and facilitate optimized funding lifecycles for corporate clients, empowering them to achieve growth.

QNB's strategy focused on core wholesale banking business and constantly improving its approach to risk management led to significant growth in both local market and the Middle Eastern, African and Southeast Asian market. QNB's digital transformation optimized its business operations while it continued to gain market share in Middle East, Africa, and Southeast Asia (MEASEA) region.  

Commenting on this achievement, Mr. Khalid Ahmed Al-Sada, Senior Executive Vice President – QNB Group Corporate and Institutional Banking, said: "The importance of emerging economies for global development is likely to increase further over time. QNB has consistently emerged as a leading bank for these markets supported by its global outreach and expertise towards achieving its vision to become a leading bank in the MEASEA region. 

This recognition not only showcases QNB's market-leading capabilities but also underscores our dedication to delivering innovative products even in traditional markets to empower our clients to achieve growth and scale in an ever-changing market."

Winners were selected based on performance over the past year and other criteria including reputation and management excellence. Global Finance's editorial board made the selections with input from corporate financial executives, analysts and bankers throughout the world.

The annual World's Best Banks are in their 26th year and are recognized to be among the most prestigious in the financial services industry.

QNB Group currently ranks as the most valuable bank brand in the Middle East and Africa. Through its subsidiaries and associate companies, the Group extends to more than 28 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 30,000 operating through more than 900 locations, with an ATM network of 5,000 machines.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

In recognition of its market-leading capabilities QNB Group named World's Best Bank for Emerging Markets in 2024

In recognition of its market-leading capabilities QNB Group named World's Best Bank for Emerging Markets in 2024

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BLUETTI Powers Wildfire Relief in Los Angeles with Portable Energy Solutions

2025-01-23 02:00 Last Updated At:02:15

LAS VEGAS, Jan. 23, 2025 /PRNewswire/ -- BLUETTI, a global leader in portable energy solutions, is supporting the Los Angeles wildfire crisis by donating 31 solar generators, providing essential power to first responders and impacted communities and ensuring efficient rescue and recovery efforts.

Devastating wildfires have impacted the greater Los Angeles area, resulting in 28 fatalities and burning over 40,600 acres, displacing thousands of residents. In response to this crisis, BLUETTI has partnered with the Los Angeles Fire Department (LAFD), community influencers and volunteers to donate 31 portable power stations, ensuring that first responders and affected communities have reliable power for critical operations and recovery. These donations included 6 units of EP500, delivering stable, 5,120Wh high-capacity power to emergency backup in critical situations. Compact models such as the Pioneer MD (AC180T) and AC2P were also supplied to support rapid mobility and essential needs for both responders and evacuees.

Beyond the donation, volunteers like Sunjay Kumar and Kevin Graves played a key role in delivering power stations and guiding first responders. Their contributions highlight the collective effort and spirit of solidarity within the BLUETTI Community.

Recognizing the increasing frequency and severity of natural disasters across the U.S., from California wildfires to Texas winter storms, BLUETTI remains dedicated to consistently offering proactive support to communities in need.

BLUETTI invites local communities and nonprofit organizations in need of power solutions for relief efforts to get in touch for support. Please contact Sean Wang, BLUETTI's North America Business Lead, at 917-287-8636 or email sean.wang@bluetti.com for assistance.

To ensure access to essential power, a special 36-hour BLUETTI Pick-up Service has been introduced at the California warehouse. This initiative aims to ensure that individuals and organizations in need of emergency power can access it as quickly as possible.

Standing Together 

The belief in the power of community and compassion drives BLUETTI's efforts. Support is extended to those affected by the ongoing wildfires in California and the winter storms in Texas and and Gulf Coast, with a commitment to aiding recovery efforts. Assistance inquiries can be directed through Bluetti Contact Sean Wang or by visiting the BLUETTI Pick-up page for expedited collection in CA. 

Together, the challenges of this time can be navigated, fostering stronger and more resilient communities.

About BLUETTI

Founded in 2009, BLUETTI is a pioneer force in clean energy technology, committed to a sustainable future by providing green and independent energy storage solutions for every household. With a strong focus on innovation and customer needs, BLUETTI has gained the trust of 3.5 million customers and established a presence in over 110 countries & regions. Through initiatives like the LAAF (Lighting An African Family) Program, BLUETTI is dedicated to bringing power to millions of African families in off-grid areas. 

CONTACT: Ellen Lee, ellenlee@bluetti.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

BLUETTI Powers Wildfire Relief in Los Angeles with Portable Energy Solutions

BLUETTI Powers Wildfire Relief in Los Angeles with Portable Energy Solutions

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