Doha, Qatar - 30, November 2023: In collaboration with the Ministry of Commerce and Industry, Al Meera is delighted to announce the launch of the 'National Product Week' initiative, under the slogan 'Together, We Support the National Product. 'This initiative will run from November 29 to December 6, 2023, showcasing Al Meera's commitment to supporting national products. Additionally, Al Meera will continue its support through the National Day campaign under the slogan 'I Love Qatar.' The campaign offers Meera Rewards members exciting prizes when shopping at any Al Meera branch nationwide or through Al Meera Online (almeera.online) until January 3, 2024. With the aim of continuing to support national products and local farms, the initiative was officially launched at Rawdat Al Hamama branch, in the ......read more

The summit showcased diverse perspectives of key thought leaders, innovators, and young changemakers on AI in education Doha, Qatar – 29 November 2023: The world is at a tipping point for human evolution because machines are about to profoundly change the way we live, the way we work, and even experience what it means to be human, said Nina Schick, one of the first Generative AI experts and Founder of Tamang Ventures Limited, at WISE 11, the 11th edition of Qatar Foundation’s WISE Summit, that concluded today. Referring to the exponential rate at which the capabilities of AI systems are advancing, Shick emphasized, “In this new age of intelligence – a revolution – the default is going to be a symbiotic relationship with machine and human working together.” In the masterclass ......read more

Doha, Qatar, 27 November 2023: Strategy& Middle East, a member of the PwC network, has expanded its senior presence in Qatar as part of its plans to support the nation’s flourishing business community and contribute to the Qatar National Vision 2030.  Strategy& Middle East aims to support a growing portfolio of work in the country, with plans to further expand its operational capabilities and invest in attracting and developing exceptional talent in Qatar over the coming years.    The firm first established its Doha office in 2010. It has been actively engaged in delivering a variety of strategy consulting and advisory services in Qatar, catering to both public and private sector clients. Drawing on its deep expertise, the firm closely collaborates with organizations across numerous industries. These ......read more

Doha, Qatar, 21 November 2023: Naufar, a leading healthcare institution in Qatar, is set to revolutionize its digital capabilities through a strategic collaboration with MEEZA, a prominent Managed IT Service and Solutions provider in the state of Qatar, recently listed publicly, signifies a pivotal. In a landmark move toward comprehensive IT infrastructure revitalization, Naufar will leverage MEEZA's expertise to migrate to the secure, compliant, and innovative framework offered by the Azure cloud platform, hosted within Microsoft's datacenter region in Qatar. Recognizing the global emphasis on digital integration and advancement across industries, the collaborative initiative between Naufar and MEEZA along with the strong partnership with Microsoft underscores a joint dedication to excellence and innovation within the ......read more

The Gulf Organisation for Research and Development (GORD), a leading organization dedicated to promoting sustainability and climate change, and Dukhan Bank, a prominent Shari’ah-compliant banking service provider, have announced a significant partnership aimed at bolstering sustainable finance practices and fostering environmental and societal development in line with Qatar National Vision 2030 and the United Nations Sustainable Development Goals (SDGs).   The collaboration was formalized through a signing ceremony at the International Horticultural Expo 2023 Doha, further cementing the Expo’s status as a breeding ground for climate-focused collaborations and sustainable initiatives.  The recent partnership between GORD and Dukhan builds upon the Memorandum of Understanding (MoU) inked between GORD and ......read more

QIC will showcase its latest inbound and outbound travel insurance solutions for retail and corporate customers Visitors to the QIC pavilion will get access to personalized insurance advice and instant assistance with determining their travel insurance needs Doha, Thursday 16th November 2023 - Qatar Insurance Group (QIC Group, QIC), the leading insurer in Qatar and the MENA region, has announced its sponsorship of the Qatar Travel Mart (QTM) 2023, to be held tomorrow at the Doha Exhibition and Convention Center from 20 to 22 November 2023. In addition to lending its insurance capabilities to this year’s edition, QIC is an expert panel participant on the role of the insurance industry in ‘preserving cultural heritage and promoting tourism. Additionally, QIC will showcase its latest inbound and outbound travel insurance ......read more

Doha, Qatar – 09 November 2023 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Mira Sahraoui and Fatma Shokri each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to Samir Abdelmageed, Ammar Abdelhafez M Alshahrouri, Aisha Al-Mohannadi, Ali Al-Mejali, Hoyam Abidalla, Mohammed Al-Mannai, Hatem Hajri, Noora Al-Baker, Muna Almusallam, Salman Al-Fakhroo, Rawia Abujrir, Abdulhadi Al-Hababi, Daleen Alkhatib, Maryam Al-Saadi, Maryam Alnaimi, Parvin Mammadov, Moustafa Mostafa, Mohamed Elsanosi, Shaikha Al-Thani, Mohammed Omer, Maged Mekhaiel, Rania Elnakkouzi, Sarah Obiedat, Mansour Al-Hajri, Hemyan  ......read more

Doha, Qatar – 09 November 2023 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Mira Sahraoui and Fatma Shokri each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to Samir Abdelmageed, Ammar Abdelhafez M Alshahrouri, Aisha Al-Mohannadi, Ali Al-Mejali, Hoyam Abidalla, Mohammed Al-Mannai, Hatem Hajri, Noora Al-Baker, Muna Almusallam, Salman Al-Fakhroo, Rawia Abujrir, Abdulhadi Al-Hababi, Daleen Alkhatib, Maryam Al-Saadi, Maryam Alnaimi, Parvin Mammadov, Moustafa Mostafa, Mohamed Elsanosi, Shaikha Al-Thani, Mohammed Omer, Maged Mekhaiel, Rania Elnakkouzi, Sarah Obiedat, Mansour Al-Hajri, Hemyan  ......read more

Doha, Qatar – 4 November 2023: Dukhan Bank is delighted to announce Mr. Abdulla Al-Boainain as the grand prize winner of 1,000,000 DAwards in the third and final draw of its 3-month Credit Card Spend Campaign. The Bank initiated this campaign to reward its valued customers with a total of 2,000,000 DAwards. The winner was unveiled following a draw held at the bank's headquarters, with the event conducted under the supervision and in the presence of a representative from the Quality Licensing and Market Control Department at the Ministry of Commerce and Industry. This campaign saw a total of 11 customers winning rewards amounting to 2,000,000 DAwards. The first and second draws revealed 10 winners of 100,000 DAwards each, while the third draw disclosed a single winner of 1,000,000 DAwards. Dukhan Bank continues to ......read more

High Performance, Strong Profitability Reflect Progress in Advancing Business Portfolio, Accelerating B2B Business and Procuring New Growth Engines 02 November, 2023 — LG Electronics Inc. (LG) today announced third-quarter 2023 consolidated revenue of KRW 20.7 trillion and operating profit of KRW 996.7 billion, both the second highest third-quarter figures in the company’s history. The noteworthy performance was driven by both the company’s core home appliance business and vehicle solutions, one of its future growth engines. Home appliances more than doubled its operating profit year-over-year while vehicle solutions recorded an all-time high operating profit. The strong performance reflects the company’s smooth progress in the execution of its future vision for 2030, leading to solid revenue and profits ......read more

Massimiliano “Max” Binda brings over 30 years of experience in luxury hospitality to oversee the strategic direction and operations of The Ned Doha, a hotel and private members' club located in the heart of Doha. Doha, Qatar –30 October 2023 – The Ned Doha, a hotel and private members' club, is pleased to announce the appointment of Max Binda to the position of Managing Director. Max will be responsible for charting the strategic course and overseeing the day-to-day operations of both the hotel and the Club, with a steadfast commitment to further enhancing the quality of service and experiences for members and guests. With an impressive career spanning over three decades in luxury hospitality and private clubs, Max Binda brings a wealth of expertise to The Ned. Max's career includes serving as ......read more

Doha, Qatar, 26 October 2023: MEEZA QSTP LLC (Public) (“MEEZA” & “the Company”) announced its financial results for the nine months ended 30 September 2023, marking the Company’s first announcement since listing its shares on the Qatar Stock Exchange. Financial Summary In the first nine months of 2023, MEEZA’s Net Profit reached QR 46.0 million, representing a 29.0% (or QR 10.4 million) increase over the same period last year and the highest nine-month period profit in the Company’s history, mainly driven by revenue growth.  Net Profit Margin for the period was 14.8%, increasing 0.6pp year-on-year with Earnings Per Share (EPS) of QR 0.07. The Company’s revenue grew by 23.8% (or QR 59.8 million) to reach QR 311.2 million, led by growth in the IT Solution Services and ......read more

Doha, Qatar – 29 October 2023: Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the nine-month period ended 30 September 2023 with a net profit amounting to QAR 1.1 billion, representing a 2.5% growth compared to the same period of last year. Analysis of Group’s financial performance – 9M 2023 Vs. 9M 2022 Key financial performance indicators Amounts in QAR’ millions 9M 2023 9M 2022 Growth (%) Net income from financing activities 3,324 2,245 +48.0% Total ......read more

Doha, Qatar - 30 October 2023:  QInvest was an active participant in the seventh edition of the Future Investment Initiative (FII), held from 24 to 26 October, 2023, at the King Abdulaziz International Conference Center in Riyadh, Saudi Arabia. This year's FII, themed "The New Compass," hosted over 6,000 delegates and featured insights from 500 speakers across a broad spectrum of topics. The conference offered an interactive program geared toward helping investors recalibrate their corporate strategies and, in turn, contributing to the global economic landscape. It aimed to develop innovative approaches to address the significant challenges and opportunities of this new era. The seventh edition of the FII brought together world-renowned investors, influential business leaders, policymakers, inventors, and ......read more

Oxford Business Group assembles Qatar 2023 team, bolstering presence in the Gulf Doha, October 2023: Oxford Business Group (OBG) is forging ahead with its research project to produce The Report: Qatar 2023      , unveiling a dynamic team poised to deliver comprehensive insights into Qatar's evolving economic landscape. This collaborative effort, led by Fernanda Braz as Country Director and Kevin Graham as Editorial Manager, marks a significant milestone in OBG's mission to provide in-depth research and analysis tailored to the dynamic business milieu of Qatar. This project carries substantial weight as it aligns seamlessly with Qatar's ambitious economic transformation goals, serving as a beacon for the nation's journey toward economic diversification. OBG brings together accomplished professionals ......read more

Joining the largest gathering for the construction industry in Qatar, Sharq Insurance showcases its comprehensive engineering insurance services. Doha, Qatar - 22 October 2023: Sharq Insurance, a premier insurance provider in Qatar and a fully owned subsidiary of Doha Bank, has announced its participation in The Big 5 Construct exhibition, the largest gathering for the construction industry in Qatar. The event is scheduled from 23rd to 25th October 2023 at the Doha Exhibition & Convention Center (DECC). The Big 5 Construct exhibition, known for its extensive scale and influence, boasts 5000+ attendees, representation from 25+ countries, and showcases 250+ esteemed brands. The exhibition stands as a testament to Qatar's booming construction industry and provides a pivotal platform for industry leaders to converge, network, ......read more

Lesha Bank LLC (Public) (the “Bank” or “Lesha Bank”) announced its financial performance for the nine-month period ending on the 30th of September 2023. During this period, the Bank achieved a net profit of QAR 66.8 million attributed to the equity holders of the Bank, representing a 5.1% increase compared to the corresponding period of last year. This growth showcases the Bank's target of sustained profitability.  In the first nine months of 2023, fee and dividend income amounted to QAR 53 million. This is attributed, in part, to the rising income streams generated by the investment portfolio developed over the last few quarters. Furthermore, the Bank's sukuk portfolio expansion led to a substantial increase in income reaching QAR 50.3 million for the nine months in 2023 registering a 166% growth ......read more

Unleashing the power of innovation, Sharq Insurance's AI solutions, powered by the dynamic virtual assistant Jamaly, are redefining the insurance landscape. Doha, Qatar - 15 October 2023: Sharq Insurance, a leading insurance provider in Qatar and a fully owned subsidiary of Doha Bank, has won the "Leading Qatari Insurance Services Provider 2023" award of the International Business Magazine on July 6, 2023, solidifying its position as a prominent player in the insurance sector.  The award serves as a strong validation of Sharq Insurance's comprehensive and tailored insurance offerings for both individuals and corporate clients. It highlights its ability to meet diverse insurance needs effectively which sets the company apart as a reliable and trustworthy insurance provider. Sharq Insurance's commitment ......read more

10th October 2023, Doha, Qatar:  MEEZA QSTP-LLC (Public), the leading Managed IT and Data Center service provider in Qatar has announced the appointment of Mr. Mohsin Nasser Al-Ghaithani as its acting Chief Executive Officer. With over 20 years of professional experience in the IT industry, Mr. Mohsin is very well placed to lead MEEZA as he had amassed significant insights into the business and the ICT industry, legal, contract management, procurement, business planning, and leadership. Also, he can set policies and implement regulatory and administrative changes to achieve company’s goals. Mr. Mohsin Al-Ghaithani will lead MEEZA along with its experienced senior executive team onto the next chapter just as the market, locally and regionally, has developed a great appetite for ICT services in the era of Artificial ......read more

The largest consumer goods chain in Qatar consistently demonstrates its dedication to maintaining a robust system that upholds food safety standards. Doha, 10 October 2023: Al Meera Consumer Goods Company (Q.P.S.C.) stands tall with an unshakable dedication to safety standards, building on the impressive certification of Warehousing and Distribution operations by achieving certification of ISO 22000:2018 Food Safety Management Systems. Qatar’s leading national retail chain has embarked on a transformative journey to establish an Integrated Management System (IMS) that encompasses ISO 9001:2015 Quality Management Systems, ISO 14001:2015 Environmental Management Systems, and ISO 45001:2018 Occupational Health & Safety Management Systems. To advance the implementation of the Food Safety Management system, Al Meera has ......read more

Doha,10 October 2023: QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023. Net profit for the nine months ended 30 September 2023 reached QAR11.9 billion (USD3.3 billion), an increase of 8% compared to same period last year. Operating Income increased by 13% to reach QAR29.0 billion (USD8.0 billion) underpins Group’s continued successful efforts in maintaining growth across a range of revenue lines. Total Assets as at 30 September 2023 reached QAR1,186 billion (USD326 billion), an increase of 4% from 30 September 2022, mainly driven by good growth in loans and advances by 7% to reach QAR815 billion (USD224 billion). Strong inflow of customer deposits helped to increase deposit base by 4% to reach QAR822 billion (USD226 ......read more

Doha, Qatar - 09, October 2023 – Dukhan Bank has announced the winning names of its latest quarterly draw of Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. As the draw results showed, Thara’a savings account customers Aisha Alsulaiti and Lulwa Al-Suwaidi have each won a cash prize of 50,000 Qatari Riyals, as well as Omran Al-Kawari and Fady Nasereddin both of whom have won a cash prize worth 25,000 Qatari Riyals. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. On a monthly basis, there are 59 winners per draw for the cash prize of 5,000 Qatari Riyals each, as well as 2 winners per draw for the cash prize of 10,000 Qatari Riyals. Additionally, quarterly there ......read more

• Telco leader recognised with Gold Stevie® Award: Company of the Year – Telecommunications – Large and People's Choice Stevie® Awards for Favorite Companies - Telecommunications • Indosat Ooredoo Hutchison named Gold Stevie® winner for Human Resources Department of The Year      Doha, Qatar:  Ooredoo announced today it was recognised at the 2023 International Business Awards®, with the Group being named winner of the Gold Stevie for ‘Company of The Year – Telecommunications – Large’.  In a resounding vote of confidence from customers, stakeholders and employees, Ooredoo Group was also named winner of the People's Choice Stevie® Award for Favorite Companies in Telecommunications.   Sheikh Mohammed Bin Abdulla Al ......read more

Best Insurance Website in The Middle East, Best Insurance Website in Qatar, and Best Digital Insurance Company in Qatar Doha, Qatar – Tuesday, 3rd October  2023: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, received three prestigious accolades at Global Brands Magazine Awards 2023,“Best Insurance Website in The Middle East”, “Best Digital Insurance Company in Qatar”, and “Best Insurance Website in Qatar”. The awards reaffirm QIC’s position as a leading digital insurer at local and regional levels, and the company’s success in implementing an ambitious digital transformation strategy over the past few years with the aim of improving customer’s experiences on digital portals while enabling innovative self service ......read more

DOHA, QATAR — 1st October 2023)— Doha Bank Board of Directors has announced the appointment of H.E. Sheikh Abdulrahman bin Fahad bin Faisal bin Thani Al Thani as Group Chief Executive Officer, marking a new chapter in the bank's history.  The appointment’s announcement followed the approval of Board of Directors and obtaining of all necessary approvals by Doha Bank from Qatar Central Bank.  H.E. Sheikh Abdulrahman brings a wealth of knowledge to his new role, as he holds over 15 years of experience in the Qatari banking industry during which he dealt with diverse portfolios across retail, corporate banking, as well as international and governmental relations besides holding senior positions at Dukhan Bank and Qatar International Islamic Bank. He holds a Bachelor’s Degree in International ......read more

Oxford Business Group and Qatar Chamber of Commerce and Industry (QCCI) forge strategic partnership for The Report: Qatar 2023 Doha, September 2023 – The Qatar Chamber (QC) and Oxford Business Group (OBG) have formalised a significant partnership through the signing of a Memorandum of Understanding (MoU). This strategic alliance is poised to assume a pivotal role in shedding light on Qatar's economic landscape for 2023, with a strong focus on critical areas including economic diversification, digital strategies, and the ongoing energy transformation. The MoU was signed by Hussain Yousef Al Abdulghani, Director of Administrative and Finance Affairs at the Qatar Chamber and Fernanda Braz, OBG’s Country Director, at the Chamber’s headquarters. QC's overarching strategy closely aligns with the Qatar ......read more

• Held under the patronage of the Prime Minister and Minister of Foreign Affairs, H.E. Sheikh Mohammed Bin Abdulrahman bin Jassim Al Thani, INDEX Design Qatar and Big 5 Construct Qatar will open their doors on 23-25 October 2023 at Doha Exhibition & Convention Center. • Construction, interior design and fit-out markets burgeoning as Qatar’s construction market is forecasted to be valued at US$76 billion by 2027. Furthermore, US$16.4 billion to be invested into infrastructure and real estate projects by 2025 under Qatar National Vision 2030.    25 September 2023, Doha: Highly-anticipated events INDEX Design Qatar and Big 5 Construct Qatar return to showcase Qatar’s booming construction and interior design and fit-out industry, at Doha Exhibition & Convention Center (DECC) from 23rd to 25th ......read more

Doha, Qatar 19 Sep 2023 – Msheireb Properties announced the opening of MEEZA’s new office in the world’s first fully built smart and sustainable city district at Msheireb Downtown Doha (MDD). MEEZA  Qatar’s Biggest Data Centre service Provider will be an addition to  MDD’s impressive list of technology tenants. Commenting on the progress, Msheireb Properties CEO Eng. Ali Al Kuwari said, “We are extremely well positioned, as a country and as a company to meet real estate demand that is expected to pick up steadily ahead of the 2030 Asian Games. Our spaces are designed with the person in mind and executed with care for the environment – two considerations that will continue to play a significant role in decision-making. We have already seen that Msheireb Downtown Doha is becoming a hub ......read more

• Highlighting US products across Al Meera branches. • A testament to Al Meera’s import strategy to progress, diversify, and enhance the customer experience. • The presence of esteemed guests and officials, including the US Ambassador to Qatar, His Excellency Mr. Timmy Davis, and Al Meera CEO Mr. Yousef Ali Al Obaidan at the launch event.   DOHA, Qatar – September – Al Meera Consumer Goods Company, Qatar’s leading national retail chain, is proud to announce the launch of the ‘Discover America with a Fork and the Road’ campaign across many of  its branches in Qatar. This initiative marks a remarkable collaboration with the United States Department of Agriculture (USDA) and underscores Al Meera's ongoing commitment to providing its valued customers with a diverse ......read more

• Customers can benefit from a low profit rate of 7% • up to QAR 200,000 cashback • and enjoy up to 30 years tenure   Doha, Qatar – 10 September, 2023: Dukhan Bank has launched a new home finance campaign for its valued customers to benefit from a cashback reward of up to QAR 200,000 when they apply for home financing worth QAR 500,000 and above. The campaign, which will run until November 4, 2023, will provide customers the opportunity to avail a low profit rate of 7% per annum. Customers can take advantage of the offer and apply for a minimum finance amount of QAR 500,000 for a payment tenure of 15 years and up to 30 years. The campaign will also provide customers with a grace period of up to 12 months for nationals and 6 months for expatriates. Dukhan Bank provides another unique ......read more

Doha, Qatar – 09 September 2023 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Fayza Al-Haddad and Ahmed Abdulrahman each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to Afif Alfaisel, Maryam Al-Mahannadi, Aayat Elsafady, Khalil Abbas Khalil, Randa Elhabash, Muhammad Ahmad, Abdulrahman Fakhroo, Sardar Khan, Maryam Jameea, Syed Ali, Ian Fernandes, Asia Al-Yazeedi, Mohammed Al-Shaikh, Jassim Fakhroo, Turki Al-Subaey, Bashayar Hassan, Anisha Asharuff, Aysheh Alshareea, Ikram Akili, Belal Salehhamran, Basma Al-Ali, Mohamad Althawadi, Al-Johara Al-Hbabi, Rim Mathlouthi, Emad Abdulhameed, Muna Aldoseri, ......read more

Doha – Qatar  /Wednesday 6 September 2023:  Qatar Insurance Group, the leading insurer in Qatar and the MENA region is the Official Insurance Sponsor of the 7th edition of S’hail 2023 – Katara International Hunting & Falcons Exhibition. S’hail is regarded as the largest international exhibitions that specializes in exhibiting Falcons and is dedicated to preserve and promote the art of hunting and falconry.  Over the last few years, the event has made its mark in the industry as the leading destination of choice for falconry, hunting, and heritage lovers and became a dedicated platform for displaying the latest types of weapons, hunting rifles, equipment, supplies and equipment for trips, in addition to a huge selection of rare falcons highly skilled in hunting.  Commenting on the ......read more

A content-based campaign to promote a confident return to the normal everyday life Content includes videos, podcasts, blog posts, handy guides, quizzes and much more from now until 1 October 2023 Content creators are invited to share their own inspiring content and get a chance to be featured on QIC’s channels Doha, Qatar – 5 September 2023: Qatar Insurance Company (QIC), the leading insurance company in Qatar and the MENA region, has launched its latest awareness campaign labeled “Confidence at Every Turn” and designed to inspire and boost self-assurance among the community in Qatar. Rolled out in conjunction with the new season kicking off and people going back to their homes, schools or offices, “Confidence at Every Turn” is a content-based awareness campaign through which QIC promotes a ......read more

Doha, Qatar – 2 September 2023: Dukhan Bank has announced the names of the winners in the second draw of its Credit Card Spend Campaign for customers to have a chance to win from a total 2,000,000 DAwards as part of the bank’s efforts give back to its loyal customers. The lucky winners were announced at the Bank’s headquarters under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. Dukhan Bank’s five customers who won 100,000 DAwards each are: Bayder Yousuf Kafoud, Marlon Laforteza, Husam Mohamed Khalil, Sheikha Alanoud Abdulrahman Al-Thani, and Salwa Ismail Al-Amadi.  During the campaign, which will run for three months from June 25 to September 25, 2023, Dukhan Bank Visa and Mastercard credit cards holders will ......read more

Kuwait, 27 August 2023: Kuwait International Bank (KIB) announced that September 1st is the last date to open or deposit in Al Dirwaza account to enter the October monthly draw for a chance to win prizes of KD 20,000 for 11 winners. Accordingly, the Bank is reminding its current and potential customers to open or deposit more in Al Dirwaza account to increase their chances in October’s Draw that will take place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from KIB. Ali AlSane, Manager - Product Development, Digital Transformation & Innovation at KIB, said: “We encourage everyone to take advantage of this opportunity to open or deposit more in Al Dirwaza account to increase their chances in October’s Draw. Each KD 1 completed a full month’s cycle ......read more

Qatar Sports Investments (QSI) and Damm reach historic agreement for acquisition of  World Padel Tour (WPT) by QSI, with Premier Padel and WPT to be unified under governance of  International Padel Federation Thursday 24 August 2023 – Doha – Qatar Sports Investments (QSI), one of the world’s leading sports investment companies - and together with the International Padel Federation (FIP) and the Professional Padel Association the founder of Premier Padel - and Damm, the owner of Setpoint Events which organises the World Padel Tour (WPT), have reached an historic agreement for the acquisition of WPT by QSI.  Following this agreement, Premier Padel and WPT will subsequently be unified as a single global professional padel tour – called Premier Padel – governed by the International Padel ......read more

With a new suite of exclusive features and benefits    Kuwait, 19 August 2023: Burgan Bank has issued its new x-change prepaid card from Visa, presented with an array of exclusive features and benefits. This comes as part of Burgan’s expansive efforts to offer its customers a distinctive banking experience that responds to their changing needs and growing aspirations.  The Burgan Visa x-change card, which is accepted locally and globally, allows its holders to load the prepaid card with the amount of their choice in USD, EUR, or GBP, locking the exchange rate for the loaded amount as announced on the day of card loading. In a market where global e-commerce is available at users’ fingertips and overseas travel is commonplace, the Visa x-change card is a unique payment solution for avid travelers and ......read more

Ooredoo Group IT operations across six markets to be modernised with digital approach to enhance performance and drive value   Qatar, 16 August 2023:   Ooredoo Group, leading ICT provider and techco, has announced new partnerships with Tech Mahindra - a leading provider of digital transformation, consulting and business re-engineering services and solutions - and Google Cloud technologies – global tech giant - that will see the company accelerate its digital transformation journey in six operating companies across its global footprint. Powered by Google Cloud’s API Management Platform (Apigee), with Tech Mahindra as implementation partner, Ooredoo’s IT operations will be modernised by deploying a digital platform-based approach, which will greatly enhance performance and the digital offering, ......read more

Highlights in H1 2023 • QIC Group consolidated net profits surge by 181% of QAR 325M. • Gross written premiums of QAR 5.5Bn.  • QIC’s domestic and MENA operations gross written premiums grew by 14% in H1 2023. • Insurance service results of QAR 552M in H1 2023, compared to QAR 32M in H1 2022. • Net investment results of QAR 460M during H1 2023, compared to QAR 475M in H1 2022.   Doha, 15 August 2023- Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported Net Profits of QAR 325M for the first half of 2023, rising 181% from the same period in 2022. Following a meeting of the Board of Directors yesterday, which was presided by Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, ......read more

Highlights in H1 2023 • QIC Group consolidated net profits surge by 181% of QAR 325M. • Gross written premiums of QAR 5.5Bn.  • QIC’s domestic and MENA operations gross written premiums grew by 14% in H1 2023. • Insurance service results of QAR 552M in H1 2023, compared to QAR 32M in H1 2022. • Net investment results of QAR 460M during H1 2023, compared to QAR 475M in H1 2022.   Doha, 15 August 2023- Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported Net Profits of QAR 325M for the first half of 2023, rising 181% from the same period in 2022. Following a meeting of the Board of Directors yesterday, which was presided by Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, ......read more