(MENAFN- The Peninsula) Qatar has six out of the top 50 brands in Mena in 2015, with a combined brand value of $8.21bn, according to a recent study published by Brand Finance, the world's leading brand valuation and strategy consultancy.
According to the study, Qatar Airways is the fourth most valuable brand with a brand value of $2,774m, followed by QNB at fifth position with a value of $2,603m and Ooredoo at 11th spot with $1,740m, Commercial bank (41st) with $413m, Doha Bank (47th) with a brand value of $358m and Qatar Islamic Bank (48th) with $317m. All of Qatar's brands have performed well this year. The average brand value growth rate for the Middle East as a whole is 23 percent; the rate for Qatari brands is nearly double that at 47 percent. The Middle East's two fastest growing brands are both from Qatar; QIB has risen 91 percent and Ooredoo 82 percent helped in part by the rebrand of providers in markets such as Algeria, Tunisia, Kuwait and Oman under the Ooreedoo master brand.
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