Dukhan Bank signs an exclusive agreement with Global Infrastructure Partners

DOHA: Dukhan Bank has signed a strategic Memorandum of Understanding (MoU) with Global Infrastructure Partners (GIP), a part of BlackRock, marking a h...

DOHA: Dukhan Bank has signed a strategic Memorandum of Understanding (MoU) with Global Infrastructure Partners (GIP), a part of BlackRock, marking a historic first for the Qatari banking sector. As the first bank in Qatar to formalise such a partnership, Dukhan Bank is set to reshape access to private market investments across the banking space.

The agreement, signed during an official ceremony in Doha, positions Dukhan Bank as the exclusive distributor of GIP’s Shariah-compliant private market products in Qatar’s consumer banking market. This collaboration reflects a shared vision to expand access to global private investment opportunities for high-net-worth individuals and corporate investors in the country to provide institutional-grade offerings and cater to the growing appetite among clients in Qatar for diversified, long-term investments.

Beyond distribution, the MoU lays the groundwork for joint product innovation tailored specifically for the Qatari market. By leveraging the combined expertise of GIP in global infrastructure, energy transition, and private market investing, the partnership will introduce a new generation of investment solutions designed to meet the evolving needs of investors in Qatar.

The partnership also extends to capacity building and knowledge sharing. Dukhan Bank and GIP will work side by side to launch a series of initiatives focused on training and skills development, all aimed at building a broader investor base and strengthening financial literacy.

Sheikh Mohammed bin Hamad bin Jassim Al-Thani, Executive Board Member and Managing Director of Dukhan Bank, commented: “This agreement represents an important milestone for Dukhan Bank, marking a pivotal step in enhancing and diversifying our investment offerings. Through the introduction of exclusive, Sharia-compliant investment solutions in private banking, and in partnership with a trusted global firm like Global Infrastructure Partners (GIP), part of BlackRock, we are reinforcing our leadership and expanding the opportunities available to our clients.”