Qatar University (QU) signed two MoU’s with QNB Group, one of the largest financial institutions in the Middle East and Africa, which aim to enhance cooperation between the two parties and benefit from the joint capabilities serving both institutions.

QU’s Vice President for Administration and Financial Affairs, Dr. Khalid Al-Khater, and Senior Executive Vice President at QNB Group Retail Banking, Mr. Adel Ali Al-Malki, signed the MoU.

The signing of the two MoU’s comes in the belief in the vital and effective role of QU’s cooperation with QNB in the continuation of the Bank’s branch in providing its services on campus and providing support and sponsorship for the university’s various events.

In a statement, QU’s Vice President for Administration and Financial Affairs, Dr. Khalid Al-Khater said, “We welcome our guests from QNB to Qatar University in the presence of senior officials of our University from various sectors. We are pleased to sign this agreement with QNB, which will benefit both parties, where QNB will generously sponsor various activities at the university, whether research or student activities. In addition, this MoU confirms the continuation of the QNB branch on the campus. It is the only bank at Qatar University and we must thank them for their continued support.”

Dr. Al-Khater also noted the deep relationship between the two institutions. QNB contributed to the construction of QU’s Ibn Khaldoon building in cooperation with the University, a building which has been the host of many occasions, events and achievements in the University’s history. In 1997, QU and QNB signed an agreement lasting 18 years, which was then renewed for an additional ten years.

Mr. Adel Ali Al-Malki, Senior Executive Vice President at QNB Group Retail Banking said: “We are pleased to work with one of our most important partners, Qatar University, and to strengthen our long-term relationship with such an educational institution that enjoys a prominent position locally and internationally.”

He adds, “We are confident that this cooperation will serve our vision to improve the level of services provided to students, academics and staff at the university, benefiting from the joint capabilities to serve the vision and objectives of both institutions.”

Source: Qatar University