The QNB Group was established in 1964. Al-Khalifa joined the group in 1996 and assumed his current role in November 2018. QNB’s assets grew 4% in 2023 to $338.2 billion, while net profit grew by 8% to $4.3 billion. In May 2024, the group extended its partnership with Ooredoo Fintech to develop fintech services and digital innovation in Oman.