Doha: Qatar Airways has been awarded the ACT Middle East Treasury Award for capital raising for its landmark QR 4.5 billion QNB-led dual-tranche syndicated facility and supported by a consortium of local banks. The milestone transaction marks one of the largest aviation finance deals of its kind in the region, reinforcing the airline’s financial strength and resilience.
According to Qatar News Agency, the achievement underscores Qatar Airways’ prudent financial strategy, strong relationships with Qatar’s world-class banking sector, and its ability to successfully navigate complex financing structures to support long-term sustainable growth. QNB, as the leading financial institution in the Middle East and Africa, played a pivotal role in structuring and leading capital raising, leveraging its expertise and strong relationships with local banks. The transaction underscores QNB’s ability to deliver innovative financial solutions that support Qatar’s flagship companies in achieving sustainable growth and global competitiveness.
The ACT Middle East Treasury Awards recognize outstanding achievements in corporate treasury across the region, celebrating excellence in financial management. The accolade highlights Qatar Airways’ commitment to the highest standards of financial management and the strategic role of the airline in strengthening Qatar’s economic resilience.
On this occasion, Qatar Airways Group Chief Executive Officer, Eng. Badr Mohammed Al Meer, expressed delight at receiving the award, emphasizing that the landmark financing deal reflects the strength of the partnership between the airline and local banks, as well as their commitment to financial excellence. He noted that the achievement aligns with Qatar National Vision 2030 and serves as a testament to Qatar’s world-class banking sector.
QNB Group Chief Executive Officer, Abdulla Mubarak Al Khalifa, stated pride in supporting Qatar Airways in the transaction, highlighting the strength of Qatar’s financial sector and its ability to deliver innovative financing solutions. He emphasized that the achievement not only reinforces the airline’s global position but also demonstrates QNB’s commitment to advancing Qatar’s economic resilience and long-term sustainable growth in line with the Qatar National Vision 2030.
Qatar Airways continues to be a leader in both aviation and finance, ensuring the airline remains well-positioned to expand its network, invest in new aircraft, and deliver the five-star service for which it is globally renowned. The national carrier also aims to stimulate greater collaboration between the aviation and the banking sector, paving the way for innovative financial structures tailored to the airline’s evolving needs while promoting national economic resilience.