The new office will expand intermediary services in investment and trade with companies in the Middle East, which are exploring to set up their business in China or seeking to invest in the country.
Further, it will also serve as a liaison with Chinese companies that are planning to expand into the growing Middle Eastern market and facilitate investments.
As part of its continued international expansion strategy, the lender has boosted its presence in China, as the country presents attractive investment opportunities for global firms.
Underlining its growth plan, QNB said in a statement, "Having experienced an investment boom in recent years, China is now refocusing from an export-led economy towards a consumer-led economy."
"There will still be a strong focus on business investment as well as on the expansion of factories."
With the launch of a new office in China, QNB Group has boosted its presence into more than 26 nations throughout the world after deciding in 2005 to begin implementing an expansion plan.
