Doha, Qatar: QNB Group (Q.S.C.) has announced its milestone achievement as the first bank from the Middle East and Africa (MEA) region to establish a branch in Gujarat's GIFT City, India's premier international financial center and special economic zone. 

Speaking on the occasion, QNB Group CEO Abdullah Mubarak Al Khalifa stated, "India's banking sector is poised for rapid growth on the strength of robust economic growth prospects, and banks have demonstrated strong operational performance along with improving asset quality. With the opening of the GIFT City branch, QNB is expanding its footprint at an opportune time when Indian corporates are seeking strong banking partners for supporting their growth plans. Combined with QNB's global outreach and expertise, as well as its pioneering role in shaping the international financial landscape, India presents long term growth opportunities for wholesale banking."