{
  "id": 6964101,
  "title": "Doha Bank among first in Qatar to join AFAQ Payments System",
  "url": "https://urgent.news/2026/09/12/doha-bank-among-first-in-qatar-to-join-afaq-payments-system",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-12T17:14:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/733107/business/doha-bank-among-first-in-qatar-to-join-afaq-payments-system"
  },
  "original_language": "en",
  "account": "Doha Bank has become one of the first commercial banks in Qatar to join the AFAQ Payments System, a secure and reliable platform that enables customers to execute financial transfers in local currencies across GCC countries through the bank's mobile banking app. This move comes as Doha Bank aims to enhance its digital infrastructure and expand the range of services offered to its customers, aligning with its strategy of keeping up with industry developments.\n\nSheikh Abdulrahman bin Fahad bin Faisal al-Thani, CEO of Doha Bank Group, expressed the bank's enthusiasm about joining AFAQ, highlighting the system's benefits such as secure, instant fund transfers using cutting-edge electronic payment technologies and operating in compliance with stringent regulatory and technical standards.\n\nAFAQ, operated by the Gulf Payments Company owned by the GCC central banks, links the payment systems of the GCC countries, facilitating instant financial transfers in local currencies in a secure and stable environment.",
  "summary": "Doha Bank has joined the AFAQ Payments System, becoming one of the first commercial banks from Qatar to join the system, providing a secure and reliable means for its customers to execute financial tr...",
  "key_points": [
    "Doha Bank joins AFAQ Payments System in Qatar.",
    "Enables secure, instant fund transfers in local currencies.",
    "Aligns with strategy to enhance digital infrastructure."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}