11th September 2024 - MUFG EMEA and Doha Bank today announce the successful close of their first Green Repo scheme in the Middle East and North Africa (MENA) region. This transaction marks the first Green Repo scheme for both institutions that utilises green bonds as the underlying collateral. Green Repo schemes use the proceeds of green collateral, such as green bonds, to finance further green initiatives. In this case, cash proceeds generated from the repurchase of green bonds issued by the State of Qatar will be committed to the funding and purchase of green assets aligned to Doha Bank’s Sustainable Finance Framework.  Sheikh Abdulrahman bin Fahad Al-Thani, Group CEO Doha Bank, said: “We are very pleased to collaborate with MUFG to execute our first Green Repo transaction. Innovative products such as Green Repos are ......read more

Doha, Qatar – xx September 2024 – Dukhan Bank has announced Aysha Al-Naimi as the winner of its QAR 1 million Thara’a grand prize. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce & Industry. Thara’a, Dukhan Bank’s Shari’ah compliant savings account and the first in Qatar’s Islamic banking sector, offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari Riyals. Based on several criteria, Thara’a account holders are eligible for a number of periodic draws for cash prizes. Dukhan Bank continues its customer-centric approach with the unveiling of its campaign for the Thara’a savings account, reaffirming its commitment to rewarding clients. Departing ......read more

Doha, Qatar – 1 September 2024: MEEZA QSTP-LLC (Public) –, Qatar’s leading managed IT services and data centres provider, has reached an agreement to deliver 1 megawatt capacity in its M-VAULT4 data centre to a global hyperscalers  . The project, with a total contract value exceeding 100 million QAR, extends over the remaining contract period ending in 2036. It aligns with the government’s recently announced “Digital Agenda 2030” strategic plans aimed at advancing digital transformation and AI technology in Qatar. The Ministry of Communications and Information Technology (MCIT) plays a pivotal role in facilitating this strategic partnership, ensuring that the nation's digital infrastructure aligns with the highest global standards. Through its leadership and support, the Ministry continues ......read more

Press Release – Doha, Qatar, 26th August 2024: Raffles Doha and Fairmont Doha proudly introduce Mirah Marhaendra as the new Cluster Director of Marketing Communications & Digital Strategy. An Indonesian native and esteemed leader in Marketing and Communications, Mirah brings extensive experience and unwavering dedication to excellence to this vital role. Mirah's expertise includes an in-depth knowledge of Food & Beverages, known for her creative approach to campaigns and extensive network across Southeast Asia. Mirah will lead marketing communications, digital strategies, social media presence, and strategic partnerships for both iconic brands. Her focus will be on enhancing the brand presence of both Raffles Doha and Fairmont Doha, developing strategic partnerships, and driving innovation in the digital space. Under ......read more

Highlights in H1 2024 Gross Written Premiums for H1 2024 of QAR 4.8 billion. Domestic and MENA operations Gross Written Premiums increased by 44% in H1 2024. Insurance service results of QAR 339 million in H1 2024, compared with QAR 236 million for the same period in 2023. Consolidated net profit for H1 2024 of 360 million, compared with QAR 325 million for the previous year. Doha, Thursday, 15th August 2024 Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East and North Africa (MENA) region, has reported a net profit of QAR 360 million for the first half of 2024, rising 11% from QAR 325 million over the same period in 2023. Following a meeting of the Board of Directors dated 14 August 2024, which was presided over by Sheikh Hamad bin Faisal bin Thani ......read more

Doha, Qatar – 10 August 2024 – 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. 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. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded Ghanim Al-Emadi, Waad Al-Naimi, Jenny Sevilla, Sebastian Joseph, Noof Al-Subaey, Alanod Alqahtani, Raed Mahmoud, Malek Al Ghezawi, Naeema Murtuza, Haya Al-Khaldi, Besan Muhammed, Ali Al-Malki, Bassel Daoud, Nasser Al-Tamimi, Jassim Al-Dehaimi, Ramadhan Albalushi, Omer Cheema, Rawia Abujrir, Khalil Alhajri, Mohammed Al-Emadi, Muhammad Radwan, Jassim Fakhroo, Ibrahim Alyafei, Saleh Al-Baker, ......read more

Company Sets New Records for Second Quarter Revenue and Operating Profit Through Balanced Qualitative Growth in Core and Future Businesses Dubai, July 26, 2024 — LG Electronics Inc. (LG) today announced second-quarter 2024 consolidated revenue of KRW 21.69 trillion and operating profit of KRW 1.20 trillion, reflecting an 8.5 percent year-over-year increase in revenue and a 61.2 percent surge in operating profit. These figures mark new records for the highest second-quarter revenue and operating profit in the company’s history. Key drivers of this performance include the home appliance and vehicle component sectors, both achieving their highest quarterly revenues to date. Sales from LG’s Home Appliance & Air Solution Company and Vehicle component Solutions Company combined reached KRW 11.53 trillion, up 8.2 ......read more

Doha – July 17, 2024: Students at Weill Cornell Medicine-Qatar (WCM-Q) have made a significant contribution to the field by publishing a study that delves into the effects of Ozempic-type drugs on the interconnected health challenges of obesity, diabetes, and cancer. Ozempic, the brand name of a drug called semaglutide, belongs to a class of medications called glucagon-like peptide-1 receptor (GLP-1R) agonists. These medications have recently become extremely well-known as treatments for managing obesity and diabetes by helping to control feelings of hunger, reduce food consumption, and promote weight loss. Beyond the effects on hunger, however, the underlying mechanisms of GLP-1R agonists are believed to have a multifaceted impact on cancer progression -- some studies show that some drugs in the class can limit cancer ......read more

Doha, Qatar – 16 July 2024: MEEZA QSTP-LLC (Public) – Qatar’s leading managed IT services and data centres provider, is pleased to announce a strategic cooperation agreement with AMD, a global leader in high-performance computing and graphics solutions. This collaboration will see MEEZA leverage AMD’s advanced accelerated computing platform to help enable the AI revolution in Qatar and the region. The agreement was signed by representatives from both MEEZA and AMD, setting the foundation for a cooperative relationship that will benefit both parties. This strategic collaboration focuses on enhancing mutual capabilities and providing access to AMD's high performance and adaptive computing technologies. “We are excited for the opportunity to partner with AMD to drive the AI revolution in Qatar and the ......read more

Mubadala Investment Company, Qatar Investment Authority and other co-investors to invest over $600 million to fund further growth Proceeds from the fundraise used to fund the acquisitions of NETS, CTL and TIP Canada; Underscores I Squared's ability to build and scale platforms Investment creates a North American champion for flexible last-mile transportation solutions and an industry leading full-service lessor with over 83,000 trailers Abu Dhabi, UAE - 15 July 2024: I Squared Capital, a leading independent global infrastructure investment manager, today announced that it has raised in excess of $600 million from Mubadala Investment Company ("Mubadala"), the Abu Dhabi sovereign investor, Qatar Investment Authority ("QIA") and others for Transportation Equipment Network ("TEN"). Trailers ......read more

The Board of Directors recommends 8% interim dividends Strong profitability driven by a persistent year-on-year growth in total income of 15% Group’s total assets reached QAR 114.2 billion Robust CAR of 17.8%, well above the minimum statutory limits The Board of Directors recommends an interim dividend of QR 0.08 per share (equivalent to 8% of nominal value of shares), subject to regulatory approvals Doha, Qatar – 15 July 2024: Dukhan Bank (“the Bank” or “the Group” when referred to along with its subsidiaries; QSE Ticker: DUBK) announced its financial results for the six-month period ended 30 June 2024, reporting a net profit of QAR 784 million, representing a 3% growth compared to the last year. Key Performance Highlights   Total ......read more

The title comes in recognition of qd Drive app and its contribution to taking the digital experience of motorists in Qatar to the next level The awards ceremony took place last week in Singapore, attended by perspectives of the continent’s top insurance companies Doha, Qatar - 16 July 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region,  received the “Mobile App of The Year in Qatar” accolade at the Insurance Asia Awards 2024, in recognition of QIC’s qd Drive mobile app and its significant contribution to taking the digital experience of motorists in Qatar to the next level. qd Drive is QIC’s newest mobile concept, designed to make  drivers’ lives easier and their experiences on the roads safer. The application is innovatively built to be a one-stop ......read more

- Leading Swiss cyber-security firm ZENDATA and partner Salam Technology to provide cyber-security unit for Qatar/Gulf - - Deal sees launch of entirely new product in the cyber-security space - - Major five-year contract to cover firms across industries from financial services to oil and gas - Doha, Qatar July 11 2024: Leading global cyber-security firm ZENDATA has partnered with Qatari technology conglomerate Salam Technology in a $35m, five-year deal aimed at providing state of the art services to companies in Qatar and across the Gulf. The deal empowers Salam Technology with the capabilities to service leading cyber companies with the most sophisticated cyber tools and skillsets, and is designed to both elevate the cyber maturity of the local ecosystem, and create new jobs for Qatari and Gulf nationals as the industry grows ......read more

Doha, Qatar – 06 July 2024 – 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. 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. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded Kaltam Al-Majid, Ayman Dervis, Safia Begum, Layla Al-Marafi, Reyad Al-Shamari, Marya Hassan, Latifa Alsulaiti, Hassan Malik, Nasser Alnaimi, Sheikha Shaikha Al-Thani, Ahmad Al-Kuwari, Mohammed Hammo, Ali Aljajeh, Abdulla Al-Fayhani, Haytham Aldahdoh, Mohamed Suliman, Mustafa Mahmoud, Khalid Al-Ansari, Ahmed Omer, Lolwa Al-Thani, Salah Al-Jefairi, Eslam Elwakil, Ahad Al-Mudahka, Waad Ali, ......read more

The bank's outstanding performance and commitment to delivering exceptional services have earned it a number of esteemed awards in the region. Doha, Qatar – 23 June 2024: Dukhan Bank, Qatar's premier banking institution, proudly attained six new titles following the conclusion of the MENA Banking Excellence Awards 2024.  In recognition of its outstanding contributions across various fronts, Dukhan Bank has garnered an impressive array of prestigious awards and accolades in fields such as: wealth management, retail banking, Islamic product offering, home financing, multi-channel offering, and customer excellence.  One of the distinctions secured by Dukhan Bank is the "MENA Wealth Manager of the Year" award, further solidifying its position in the industry. The esteemed award validates the bank's ......read more

Doha, Qatar – 19 June 2024: Dukhan Bank is delighted to announce the attainment of the Payment Card Industry Data Security Standard (PCI DSS) version 4.0 and ISO/IEC 27001 certifications. These certifications mark significant achievements in the Bank's commitment to ensuring the highest levels of data security and regulatory compliance, further establishing its role as a leader in the financial services industry. Dukhan Bank was awarded the PCI DSS version 4.0 certification by Network Intelligence Pvt. Ltd. This certification is pivotal for banks handling sensitive payment card information, affirming that Dukhan Bank adheres to the most stringent security measures in processing, storing, and transmitting debit and credit card data. Dukhan Bank is now one of the few banks in Qatar to achieve this compliance, demonstrating its ......read more

Best Digital Insurance Brand in Qatar, Best Insurance Website in Qatar, and Best Car Insurance Mobile App in Qatar Doha, Qatar – 11 June 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, received three titles at Global Brands Magazine Awards 2024. QIC has been crowned Best Digital Insurance Brand in Qatar, Best Insurance Website in Qatar, and Best Car Insurance Mobile App in Qatar. Commenting on these awards, Mr. Salem Al Mannai, QIC Group CEO, said: “We are happy to be recognized once again for our excellence in providing top-notch digital solutions, and bringing innovative insurance experiences that best respond to our customers’ living, driving, and traveling needs in Qatar and beyond. Our digital strategy at QIC prioritizes the customer over anything else, and this is our ......read more

Doha, Qatar – xx June 2024 – 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. 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. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded Lailaa Tavakoli, Fai Chan, Abdulla Al-Kubaisi, Kholoud Al-Sheeb, Naeema Alansari, Wisam Dalloul, Fatima Al-Obaidan, Abdulla Al-Thani, Amer Daffar, Mohamed Abdelalim, Hala Al-Motawa, Aisha Al-Hajri, Youssef Boussabah, Mansoor Yadegarfard, Amal Al-Lenjawi, Mezba Mazid, Fatima Alamri, Abdulhadi Al-Sahli, Mohammed Rahman, Turki Al-Subaey, Alaa Elrub, Wadha Al-Kuwari, Paul Adams, Moudhi ......read more

Doha, Qatar Ooredoo Group announced the appointment of Sunita Bottse as the CEO forMena Digital Hub, effective from 26 May 2024.Mena Digital Hub, Ooredoo’s newly established, carrier-neutral data centre company, is set to transform the region’s digital infrastructure by providing cutting-edge colocation services to hyperscalers and enterprises. A Seasoned Expert at the Helm Sunita Bottse joins Mena Digital Hub with an extensive background in the data centre industry. Previously serving as the Senior Director of Data Centres Site Acquisition (EMEA) at Microsoft, Sunita brings a wealth of experience and expertise. She is a Certified Data Centre Professional and Specialist and has held significant roles including Managing Director of Data Centres (APAC) at Lendlease, CEO of SUPERNAP, and VP of Ctex, the first Tier ......read more

Doha, Qatar – 6 June, 2024 – Al Meera Consumer Goods Company (Q.P.S.C.) is pleased to announce a strategic partnership with Shell Oman Marketing Company S.A.O.G. (Shell Oman), effective from June 1, 2024 marking a significant milestone in expanding its supply chain solutions across Oman. This collaboration will entail Al Meera providing comprehensive supply chain services for 57 Shell Select convenience stores, which will be co-branded as Al Meera – Shell Select Stores. This initiative marks a significant milestone in expanding product diversity in stores across Oman, aiming to comprehensively cater to the diverse needs of customers, and thereby improving overall customer satisfaction. The signing ceremony took place at Shell Headquarters in Oman and was attended by senior management from both organizations. Al ......read more

Exclusive insights from World Economic Forum's Professor Tarek Selim feature in 'MENA Tech 2024: Mapping the Technology Landscape' report, which explores the region's latest technological developments in sustainability, education, finance and media Doha, Qatar, 3 June 2024: Global experts agree that technological innovation is the key enabler of a more sustainable future for the Middle East and North Africa (MENA) region, as part of a landmark new report published today.    'MENA Tech 2024: Mapping the Technology Landscape' is the second annual offering from strategic communications agency BLJ Worldwide, headquartered in Doha. The only umbrella study of its kind in the region, it delves into the development of the technology industry across Arab countries in MENA in various ......read more

Doha, Qatar – June 3, 2024 — MEEZA, Qatar’s leading managed IT services and data centers solutions, hosted a highly informative and engaging roundtable on "Cloud Computing and the Financial Sector" last Thursday, 23rd of May 2024. The event brought together executives and decision-makers from the financial sector in Qatar, to discuss the latest cloud technology updates, regulatory landscape, and information security challenges associated with cloud computing. The MEEZA team kicked off the session with an insightful presentation on current technology trends in the financial sector. They emphasized the critical importance of cloud computing regulations, governance, and policies, highlighting how these elements are essential for secure and efficient operations in the financial domain. The audience also ......read more

Opening to the public with three days of spectacular, carnival-themed festivities, along with an extensive range of promotions and unbeatable prices. Doha, Qatar – XX – Al Meera Consumer Goods (Q.P.S.C) is thrilled to announce the grand opening of its newest flagship branch in Umm Al Seneem, near the Ain Khaled district. This magnificent new store marks a milestone in Al Meera’s ambitious expansion plan, introducing a state-of-the-art shopping experience. Located in a growing residential area, this opening reinforces Al Meera's unwavering commitment to providing all communities with enjoyable, hassle-free shopping bringing everything in one place. The new store opened its doors to the public with a 3-day dazzling 'Carnival' themed community event, transforming the shopping experience into festive ......read more

DOHA, QATAR – [Date] – QInvest, Qatar's premier investment bank and one of the region’s foremost Islamic financial institutions, has announced that its Board of Directors have accepted Mr. Hussain Abdulla’s resignation effective Sunday 26th, of May 2024. The Board of Directors would like to thank Mr. Abdulla for his services as Co-CEO and wish him the best in his future endeavors.

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A High-level delegation from Qatar Tourism led by His Excellency Mr. Saad bin Ali Al Kharji, Chairman of Qatar Tourism is participating in the fiftieth UN Tourism meeting of the Regional Commission for the Middle East, which is currently held in the capital of the Sultanate of Oman, Muscat. The meetings started 22 May and will continue until 24 May. At the conclusion of the meetings todays, it was announced that the State of Qatar will host the upcoming UN Tourism Regional Commission 51st conference. Choosing Doha as the host for the next conference is a testament to Qatar’s position as a regional and global hub for cultural, economic and political exchange. It solidifies the tourism sector’s integral contribution in sustainable economic development and the role it played in enhancing cooperation between countries and ......read more

Doha, Qatar – 23 May 2024: MEEZA QSTP-LLC (Public) – Ticker: "MEZA". MEEZA, Qatar's leading managed IT services, solutions provider, and data centres, is pleased to announce the appointment of Mr. Mohamed Ali Al-Ghaithani as the new Chief Executive Officer, effective on 23 May 2024. Mr. Mohamed Al-Ghaithani brings to MEEZA a distinguished career spanning 18 years emerged in the technology sector, and a proven track record of leadership to oversee MEEZA's next phase of innovation and growth. With a wealth of experience, Mr. Mohamed Al-Ghaithani has spearheaded numerous business development programs and projects, driving strategic initiatives for digital transformation, operational automation, and the launch of innovative technological platforms across diverse sectors, including services and ......read more

Focus on sustainable solutions out of Evonik’s smart materials portfolio With this partnership, QFZ and Evonik will jointly contribute to efforts towards the development of Qatar’s industrial capabilities Doha, 16 May 2024: Qatar Free Zones Authority (QFZ) and Evonik, a leading specialty chemicals company headquartered in Germany, have signed a Memorandum of Understanding (MoU) on the side-lines of QFZ’s participation in Qatar Economic Forum. The common aim is to explore specific investment opportunities focused on sustainable solutions for energy transition. As an important cornerstone of Evonik’s strategy to enable green transformation, the smart materials portfolio consists of a variety of innovative products, including membranes for gas separation. Potential future investments are foreseen to take ......read more

Photo caption (from left): Jeejith Sreedharan, Senior Manager - ICT, QIG; Rafeeq Ali, Senior Account Executive, SAP; Alaa Jaber, Managing Director, Qatar & Fast Growth Markets, SAP; Joseph Abdo, CEO, QIG; Wissam Elhage, Senior Manager, SAP; Mouhamad Aboudaher, Chief Human Resource Officer, QIG; and Khaled Al Mufleh, Manager - Supply Chain, QIG. Doha, Qatar — May 15, 2024 — Qatari Investors Group Q.P.S.C. (QIG), a diversified conglomerate listed on the Qatar stock exchange, has signed a partnership agreement with global technology company SAP SE (NYSE: SAP) that will enable it to leverage the benefits of SAP's cloud ERP solution, with data securely hosted in Qatar. QIG will move its mission-critical business processes from its legacy on-premises ERP software systems to SAP S/4HANA Cloud, an enterprise resource ......read more

Doha, Qatar, (May 15, 2024): Qatar Free Zones Authority (QFZ) and FedEx Logistics, a subsidiary of FedEx Corporation (NYSE: FDX), signed a Memorandum of Understanding (MoU) to facilitate the establishment of a regional logistics facility in Qatar’s free zones. The facility, which will operate under the company’s FedEx Trade Networks Transport & Brokerage division, will be located at Ras Bufontas Free Zone and will include a state-of-the-art logistics office.    The MoU was signed by Sheikh Mohammed H. F. Al-Thani, CEO of Qatar Free Zones Authority (QFZ), and Patrick Moebel, President and CEO of FedEx Logistics, in a ceremony that took place on the sidelines of their participation at the Qatar Economic Forum, following a productive panel discussion titled ‘Connecting to the Shifting Global Supply Chain ......read more

Qatar - 12 May 2024: Luxury fashion and lifestyle brand Alo Yoga opened its newest flagship store in Qatar today at the Doha Festival City, in partnership with Alshaya Group, one of the world’s leading international retail franchise operators. The opening also marked the launch of the online shopping platform https://www.aloyoga.com.qa in the country. Sprawling across 410 sqm, the in-store experience builds on Alo’s global mission to spread mindful movement, inspire wellness, and create community. The store’s expansive layout will bring the latest collections to full display, including high-performance activewear, and on-trend leisurewear. “Following the successful opening of Alo in Kuwait and more recently Dubai, our latest opening in Doha will give us an opportunity to connect with our customers in Qatar, ......read more

Doha, Qatar – xx May 2024 – Dukhan Bank has announced Ahmad Mansi as the winner of its QAR 1 million Thara’a grand prize. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce & Industry. Thara’a, Dukhan Bank’s Shari’ah compliant savings account and the first in Qatar’s Islamic banking sector, offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari Riyals. Based on several criteria, Thara’a account holders are eligible for a number of periodic draws for cash prizes. Dukhan Bank continues its customer-centric approach with the unveiling of a new campaign for its Thara’a savings account, reinforcing its commitment to rewarding clients. Departing from ......read more

Doha, 30 April 2024 - Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported a net profit of QR 194 million for the first quarter of 2024, rising from QAR 175 million over the same period in 2023 with a 11% growth. Following a meeting of the Board of Directors dated 29th April 2024, which was presided over by Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, Chairman of QIC Group, the Board approved the financial results. Sheikh Hamad bin Faisal Al Thani, Chairman of QIC Group, stated: “QIC begins 2024 in excellent financial health. The first quarter of the year saw the company consolidate and build upon the progress it made over the previous year – with a renewed focus on strengthening profitable domestic and regional ......read more

Sheikh Mohammed Bin Hamad: Fostering organizational agility attracting promising investment opportunities Sheikh Abdulla Bin Fahad: Focusing on completion of ongoing and upcoming projects Ranjeev Menon: Continuing expansion strategy vertically and geographically  23 April 2024, Doha: Gulf Warehousing Company Q.P.S.C (GWC), one of the fastest-growing firms in the MENA region, has announced its financial results for the first quarter of 2024. During the three-month period ending 31 March 2024, the company posted net profits of QAR 50.88 million, gross revenues of QAR 375.73 million, earnings per share of QAR 0.087, and total assets of QAR 5.07 billion for the same period. Shaikh Mohammed Bin Hamad Bin Jassim Bin Jaber Al Thani, GWC Chairman, said: “The first-quarter results underscore the company's financial position ......read more

Strong bottom-line profitability is underpinned by robust growth in total income of 15% on a year-on-year basis Group’s total assets amounted to QAR 112.9 billion Robust CAR of 18.2%, remained adequately higher than the minimum statutory limits Doha, Qatar – 22 April 2024: Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the three-month period ended 31 March 2024 with a net profit amounting to QAR 423 million, representing a 2% growth compared to the last year. Key Performance Highlights   Total assets QAR 112.9 billion +10% vs. 1Q23   Financing ......read more

Doha, Qatar – 03 April 2024 – 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. 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. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded to Albandari Almana, Alzaina Al-Naama, Jameel Khan, Suhaib Almabrouk, Mishal Shanny, , Samera Mohammed, Mohamed Ayari, Hassan Al-Obaidly, Masoumeh Alibazi, Aisha Al-Hamar, Nezar Alakari, Salma Basharaheel, Saeed Alkhelaifi, Madhuri Jalan, Alanoud Al-Moawda, Fatima Al-Ibrahim, Ali Sorour, Saqr Alkarbi, Nada Alhiday, Abdulaziz Mohamed, Abdulrahman Fakhroo, Khalifa Al Kaabi, Shaikha Al-Saai, ......read more

Doha, 31st March 2024 - Qatar Insurance Group (“QIC Group”, “QIC”), presented 125 employees in Qatar and across the Group’s regional and international operations with long service awards in recognition of their dedication and invaluable contribution to the leading insurer in Qatar and the Middle East North Africa (MENA) region. The ceremony was held during the yearly Ramadan suhoor event hosted by QIC for its staff at the St. Regis hotel in Doha where honorees were presented with the awards by members of the Group’s Chief Administrative Officer, Mr. Rashid Al Buainain. 65 staff members received the award for five years of service, 19 for 10 years, 30 for 15 years, six for 20 years and five staff members were honored for over 25 years of service. The event also coincided with the Group’s 60th ......read more

The Bank recorded a historic annual net profit of QAR 1.3 billion in 2023; •   Significant year-on-year total income growth of 37%, at QAR 6.1 billion in 2023; •   Total assets reached QAR 114 billion at end of 31 December 2023. Doha – Qatar, 20 March 2024: Dukhan Bank convened its Ordinary and Extraordinary Annual General Meeting (AGM) on Wednesday March 20, 2024, via video conference. The meeting was chaired by H.E. Sheikh Mohammed Bin Hamad Bin Jassim Al-Thani, Chairman of the Board of Directors, in the presence of 82.47% of the Bank’s shareholders. During the AGM, all the items on the agenda were discussed, including listening to and endorsing the Board of Director's Report on the results of the Bank and financial statements for year ended December 31, 2023, and discussion of ......read more

Doha, Qatar - 12 March 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has officially opened its interactive edutainment establishment at the KidzMondo Doha theme park in the Mall of Qatar. Designed to help youngsters boost their self-confidence and realize their full potential, the QIC mini branch offers a fun-filled introduction to the world of insurance and its related industries, including customer services, money and risk management, and much more. Children will also get the exciting opportunity to practice their learnings by taking the roles of underwriters, customer service agents, surveyors, and insurance adjuster in an interactive way. Further to ending up their journey at QIC with a basic knowledge of how insurance works, children will get compensated for their work with some Kidlars ......read more

Doha, Qatar – 09 March 2024 – 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. 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. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded to Belal Atout, Mohamed Yakub, Ameer Ashraf, Zineb Fakhri, Ahmed Abdulrahman, Sulaiman Albalushi, Abdulla Al-Kuwari, Maher Rouhou, Sara Almaraghi, Tayeb Al-Habshi, Mumthaj Aliahamed, Farhan Abdulla, Saif Al-Kuwari, Mohsin Banibasheer, Sara Alyafei, Amna Abdulla, Aysha Al-Jabir, Seham Kareeb, Mir Khan, Shimaa Al Qattan, Bilal Abdulla, Ian Fernandes, Hissa Alansari, Ayham Alrebdawi, Sree ......read more

Strong performance delivers a return to profitability at QAR 615 million for the year 2023 Doha, 07th March 2024 - Qatar Insurance Group (QIC, QIC Group), the leading insurer in Qatar and the MENA region, held yesterday, Wednesday, 06 March, its General Assembly Meeting at the Ritz Carlton hotel in Doha, Qatar. The meeting was chaired by H.E. Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, Chairman of the Board, and was attended by members of the executive management, shareholders and representatives of regulatory authorities. The meeting discussed the Board of Directors' report on the Company's activities and financial position during the year ended 31/12/2023; the company’s future plans; balance sheet, and profit and loss account for the year. Additionally, the meeting approved the auditors' report on the ......read more