Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors Dubai, April 25, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 15.67 billion and operating profit of USD 869 million for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed USD 689 million during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) and direct-to-consumer (D2C) sales. Vehicle solutions and heating, ventilation and air conditioning (HVAC) – both critical to LG’s B2B strategy and future growth – delivered ......read more

Strong bottom-line profitability underpinned by a persistent year-on-year growth in the net banking income by 5% Group’s total assets reached QAR 117.7 billion Lusail, Qatar – 20 April 2025: Dukhan Bank (“the Bank” or “the Group” when referred to along with its subsidiaries; QSE Ticker: DUBK) announced its financial results for the three-month period ended 31 March 2025, and reported a net profit of QAR 437 million, representing a 3% growth compared to the same period of last year. Key Performance Highlights   Total assets QAR 117.7 billion +4% vs. Q1’24   Financing assets QAR 86.6 billion +7% vs. Q1’24   Total funding QAR 100.2 billion +4% vs. ......read more

Doha, Qatar – 14 April 2025 – 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. In this month’s draw, Muhsina Alnabit won the top prize of QAR 50,000, while the following winners each received QAR 5,000: Jassim Al-Behaimi, Fatima Alyafei, Kasim Daloul, Kamel Hussein, Miran Allam, Abdulrahman Fakhroo, Fathiya Mohammed, Albandari Almana, Cheryl Basa, Mohammed Al-Marri, Omar Awadulla, Rhoda Barasi, Noora Alrumaihi, Maryam Al-Mahannadi, Rashid Al-Maslamani, Khalid Ahmed Faisal, Aisha Al-Mulla, Maryam Al-Mannai, Tariq Elhalees, Mohamed Abohajieh, ......read more

Doha, Qatar – 26 March 2025 – Al Abdulghani Motors, the authorized distributor of Toyota and Lexus in Qatar, celebrated the successful deployment of RISE with SAP on Microsoft Azure, marking a major milestone in its digital transformation journey. With built-in AI capabilities in SAP's cloud-based ERP solution, the company is modernizing operations, enhancing customer experiences, and strengthening business resilience. “With SAP RISE on Microsoft Azure, we are reimagining how we are operate-enhancing efficiency, optimizing processes, and delivering an even more seamless customer journey,” said Abdo Sweidan, Chief Operating Officer at Al Abdulghani Motors. “Our partnership with SAP and Microsoft empowers us to respond dynamically to industry ......read more

Doha, Qatar – 19 March 2025 – 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. In this month’s draw, Abdulaziz Mohamed A M Fakhroo won the top prize of QAR 50,000, while the following winners each received QAR 5,000: Sardar Mohammad Arif Khan, Ali Almohannadi, Salman Barabbaa, Maryam Al-Hetmi, Abdulla Alromaihi, Amer Rezk, Hussain Al-Kubaisi, Moun Albeshtawi, Fatima Almeer, Hanane Farhat, Yousuf Al-Maslamani, Raad Fadee, Praewphan Chaipattanakij, Haya Alkuwari, Lubna Salem, Barakah Alreshidi, Abdulla Al-Mahmoud, Aisha Ali, Sandunee ......read more

Doha, 18 March 2025 – Qatar Insurance Group (QIC), the leading in Qatar and the MENA region, recently recognized 83 employees for their outstanding dedication and contributions to the company’s success at its annual Long Service Award Ceremony. The event, held on Monday, during the company’s Ramadan Suhoor gathering at the Marsa Malaz Kempinski, The Pearl, Doha, celebrated staff members who have been with QIC for significant milestones of service. The awards were presented by QIC’s executive management team to staff members from Qatar and the Group’s international operations. Employees were honored for their years of service, including those reaching five, ten, fifteen, twenty, twenty-five, and thirty-five years with the organization. Twenty-seven staff members received the award for five years of ......read more

Doha, Qatar - 09 March 2025: Dukhan Bank has officially announced its sponsorship of three races in the Qatar Triathlon Team (QTRI)’s 2024-2025 season: the Ramadan Duathlon on 14th March 2025; the Aquabike Qetaifan Island North League scheduled for 10th May 2025; and a third race to be confirmed at a later date. The announcement was made during a signing ceremony held in Lusail, which was attended by senior representatives from Dukhan Bank and the QTRI, along with key stakeholders and media representatives. This partnership is part of Dukhan Bank's corporate social responsibility program, demonstrating its continued support for health, wellness, and community engagement, as well as its contribution to the increasingly dynamic sports tourism sector in Qatar. This partnership further strengthens the QTRI's ......read more

Global dividends grew to a record $1.75 trillion in 2024, up 6.6% on an underlying basis Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar 17 countries out of the 49 in our index saw record dividends, including some of the largest payers such as the US, Canada, France, Japan and China Large companies making their first dividend payments made a disproportionate impact – Meta, Alphabet and Alibaba accounted for one fifth of global dividend growth in 2024 Globally 88% of companies raised dividends or held them steady in 2024 Q4 payouts rose 7.3% on an underlying basis Forecast 2025: Headline growth of 5.0% to record $1.83 trillion, up 5.1% on an underlying basis DUBAI, UAE - Global dividends grew to a record $1.75 trillion in 2024, according to the Janus Henderson ......read more

Sheikh Jabor Bin Mansour Bin Jabor Bin Jassim Al Thani Officiates Launch with Machinery Switch-On Pioneering Facility to Support Qatar’s Green Industrial Growth by Recycling Used Lead-Acid Batteries Doha, Qatar - 27 February 2025: JMJ Group Holding has officially inaugurated Nafees Batteries, a large-scale lead-acid battery recycling facility, setting a new benchmark for sustainable industrial development and circular economy solutions in the country. The launch event was officiated by Sheikh Jabor Bin Mansour Bin Jabor Bin Jassim Al Thani, Chairman & Managing Director of JMJ Group Holding, who formally switched on the plant’s advanced machinery, marking the commencement of operations at this cutting-edge facility. The plant is designed to safely process used lead-acid batteries (ULABs) into high-purity lead ......read more

Qatar, February 26, 2025 – Yuno, the world's leading payment orchestration platform, has signed a Memorandum of Understanding (MoU) with Snoonu, Qatar's fastest-growing super app, at Web Summit Qatar today. This strategic agreement will elevate Snoonu's payment infrastructure, reinforcing both companies' commitment to innovation, security, and efficiency in digital transactions. The MoU comes on the heels of Yuno's milestone announcement about the opening of its Middle East regional headquarters in Qatar, established with the support of Invest Qatar to help fuel the development of the country's digital economy and drive Yuno's expansion across the wider region. Yuno has sealed the agreement with Snoonu to bring advanced payment orchestration technology to this popular app, which offers ......read more

MOU unlocks the creative potential of the region’s impressive talent pool and fuels thriving digital ecosystem Doha, Qatar, 26 February 2025: Snap Inc. has signed a landmark Memorandum of Understanding (MoU) with Qatar’s Government Communications Office (GCO) to launch the first Augmented Reality (AR) Academy in the MENA region. Announced at Web Summit Qatar 2025, the agreement marks a significant step in unlocking creative potential across the region and driving digital innovation. The partnership with GCO for the first AR Academy will unlock new opportunities and empower the next generation of AR creators and developers. This move also underscores Snap’s long-term commitment to investing in MENA's digital ecosystem, by building AR capabilities for partners both old and new, which is critical to digital ......read more

Doha, Qatar - 25 February 2025: Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, has launched its participation at Web Summit Qatar 2025, with its pavilion welcoming members of the global tech community and showcasing the Group’s commitment to pioneering the future of insurance and driving innovation regionwide. On the opening day of the mega-event, thousands of visitors flocked to the QIC pavilion to explore cutting-edge solutions revolutionizing the insurance industry and engage with QIC experts. The pavilion featured a series of thought-provoking sessions, including a panel discussion titled “Innovating for Tomorrow: The Future of Insurance in a Digital-First World” and talks covering rising trends in parametric insurance and digital transformation in the insurance sector. QIC ......read more

The Bank recorded a historic annual net profit of QAR 1.34 billion in 2024; Significant year-on-year total income growth of 12%, at QAR 5.79 billion in 2024; Total assets reached QAR 117.9 billion at end of 31 December 2024.          Lusail – Qatar, 23 February 2025: Dukhan Bank convened its Ordinary Annual General Meeting (AGM) on 23 February 2025. 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 87.45% 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, 2024, and discussion of the plan for the ......read more

Doha, Qatar - 23 February 2025: Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, has announced its participation in Web Summit Qatar 2025, taking place from 23 to 26 February at the Doha Exhibition & Convention Center (DECC). "Themed 'The Future of Insurance, Powered by QIC,' QIC Group’s participation at this year’s Summit focuses on leveraging the Group’s regional leadership to shape the future of the industry across the Middle East and North Africa. Showcasing the future of insurance through cutting-edge technology and innovation, QIC aims to nurture disruptive Insurtechs and digital ecosystems that are poised to grow from the region to the world. "Mr. Salem Al Mannai, Group CEO of QIC, said: “Being the leading insurer in the MENA region and the ......read more

Doha, Qatar – 17 February 2025 – 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. In this month’s draw, Mohamed Ayari won the top prize of QAR 50,000, while the following winners each received QAR 5,000: Hoyam Abidalla, Fatima Al-Abdulla, Mohammad Alkouz, Noor Alyafei, Frankis Marzo, Ahmed Aboudeif, Wadha Al-Mudahka, Dana Abdeen, Layla Aljaber, Tayeb Al-Habshi, Jamal Al-Mohammadi, Jassim Al-Mejali, Abdulla Al-Khulaifi, Aldana Al-Saad, Muna Al-Maslamani, Saoud Al-Baker, Abdulrahman Mahmoud, Mohammed Al-Kaabi, Ahlam Alsanadi, Abdulla Mutheeb, ......read more

Doha, Qatar – 12 February 2024 – The First Investor (“TFI”), a leading financial institution specialising in Sharia-compliant investment banking and asset management solutions, and a wholly owned subsidiary of Dukhan Bank, has announced a strategic marketing partnership with Wasata Financial Securities (“Wasata”), a prominent investment services provider. This collaboration aims to expand Wasata’s  range of investments offerings by introducing sukuk products to its clients. By leveraging TFI’s extensive local and global market expertise and advanced sukuk execution capabilities, this strategic collaboration creates a robust platform for delivering innovative, low-risk, and Sharia-compliant investment solutions. TFI, a recognised leader in the capital markets and particularly in the ......read more

QIC Group reports net profits of QAR 735 million for the year 2024 QIC Group reports 19% increase in net profits for the year 2024 Doha, 5 February 2025 - 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 735 million for the year 2024, a rise of 19% from QAR 615 million in the previous year. Following a meeting of the Board of Directors, which was presided over by Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, Chairman of QIC Group, the board approved the financial results. Commenting on QIC’s financial performance, Sheikh Hamad bin Faisal Al Thani, Chairman of QIC Group, stated: “The year 2024 marked the landmark 60th anniversary for QIC, and the Group is poised to enter its seventh ......read more

Qatar’s digital payments market is rapidly expanding, with the number of users projected to reach 2.87 million by 2028. February 03, 2025: BKN301 Group, a London-based Banking-as-a-Service technology provider dedicated to empowering the financial industry and operating in European and MENA markets, has designated its Qatar office as the company’s regional headquarters for the MENA region, in line with its ongoing development strategy. This move highlights BKN301’s commitment to driving digital transformation across the region and advancing the fintech sector through its innovative solutions. By leveraging its global expertise in digital banking solutions, the new head office in Qatar, which is now fully operational, will serve as a regional hub, offering advanced BaaS Orchestrator solutions and cutting-edge ......read more

Doha, Qatar – 26 January 2025: Dukhan Bank is pleased to announce Ms. Amal Nasser Al-Attiyah as the third winner of the QAR 1 million Thara’a grand prize. The winner was selected through a random electronic draw, conducted under the supervision and in the presence of a representative from the Ministry of Commerce and Industry’s Qualitative License and Market Control Department. The Thara’a Savings Account campaign has been a testament to Dukhan Bank’s commitment to rewarding its customers. The initiative included three grand prizes of QAR 1 million each, 30 monthly cash prizes of QAR 5,000, and a total of 273 prizes distributed to customers, amounting to an impressive QAR 4,350,000 in rewards. Commenting on her win, Amal Al Attiyah said: "I sincerely thank Dukhan Bank for this wonderful prize. It ......read more

The new features include car rental, repairs and detailing, car wash services and much more QIC App has been named Mobile App of The Year, and Best Car Insurance Mobile App in Qatar for the year 2024 Doha, Qatar - 22 January 2025: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has introduced new features on its award-winning mobile application (QIC App), offering drivers and car owners extra convenience to fulfill their car-related needs. QIC App users can now request to rent cars from selected dealerships and agencies using the application’s rental feature. The service is innovatively designed to help customers easily find the car that meets their needs, and to communicate with the service providers and close the deals in further steps. In addition, vehicle owners can use the QIC App ......read more

For a limited time: 5% discount for "Himyan" national card holders on their purchases from Al Meera Online Doha, Qatar - 25 December 2024: Al Meera Consumer Goods Company (Q.P.S.C.) is delighted to announce an exclusive 5% discount for "Himyan" national card holders on their online shopping at www.almeera.online from 24 December 2024 to 22 February 2025. Al Meera has endorsed the "Himyan" national card via its e-shopping website, reflecting its ongoing commitment to adopting the latest innovative solutions that enhance customer comfort and satisfaction. This initiative supports the country's plans to promote financial inclusion. Through which, the "Himyan" national card is the first national debit, prepaid payment card with a Qatari brand, and marks a significant step in the ......read more

Doha, Qatar – December 15, 2024: Dukhan Bank is delighted to announce the winners of its 2024 Credit Card Spend Campaign, which concluded with the distribution of a total of 2 million DAwards Points. The campaign rewarded customers for their card usage between September 1 and November 30, 2024, with a grand draw conducted on December 4 under the supervision of the Ministry of Commerce and Industry. The campaign offered participants a chance to win by using their Dukhan Bank credit and prepaid cards, earning entries into the draw for every QAR 1,000 spent locally or internationally. Customers who met the minimum spending requirement of QAR 5,000 were eligible to participate, showcasing their trust and engagement with Dukhan Bank’s products and services. Aftab Mohamed Omar emerged as the grand prize winner, taking home an ......read more

Doha, Qatar (Thursday)– Qatar Insurance Group (QIC Group, QIC), the leading insurer in Qatar and the MENA region, was recognized for its role as the official insurance sponsor of the sixth edition of the Samla Race during the 2024 awards ceremony. Held on Tuesday at the Qatar National Convention Centre (QNCC), the event celebrated the champions, sponsors, and key contributors to the success of this prestigious national endurance competition. As part of its ongoing commitment to corporate social responsibility (CSR) and the promotion of Qatar's national sports agenda, QIC Group proudly supported the Samla race, aligning with its mission to foster athletic excellence and community engagement. The awards ceremony was graced by the presence of several distinguished guests, including HE Minister of Sports and Youth Sheikh ......read more

Doha, Qatar – xx December 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 won by Ameena Jesaimani, Megahed Attia, Mohammed Nassar, Faheem Sultana, Nasser Al-Azzawi, Imran Thuwan, Alhanouf Al-Emadi, Helen Kwan, Hamid Abdelkader, Maysoon Mahmood, Ranya Al-Ansari, Ahmad Al-Kuwari, Raafat Abdallah, Ali Uzun, Rashid Almohannadi, Modhi Najaah, Abdulla Al-Buainain, Firas Daffar, Belal Abdelkarim, Amna Ghazali, Noor Alkilani, Maricar Benitez, Shaikha Al-Baker, Jassim Al-Tamimi, ......read more

Doha, Qatar - 26 November 2024: 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) 2024,  for the third time in a row, held at the Doha Exhibition and Convention Center from 25 to 27 November 2024. QTM 2024 will feature a QIC pavilion where both visitors and travel experts can discover the company’s latest insurance products and find out how QIC contributes to the financial well-being of outbound and inbound travelers. Commenting on this sponsorship, Mr. Salem Al Mannai, QIC Group CEO, said: “Travel and tourism are critical components of Qatar's economic diversification strategy and are significant contributors to Qatar's GDP. The increased economic activity creates a ripple effect, enhancing the demand for ......read more

Oxford Business Group (OBG) and Qatar Chamber have formalised their ongoing collaboration through a new Memorandum of Understanding (MoU), signed at Qatar Chamber’s headquarters, marking a key step in the production of The Report: Qatar 2025, an in-depth publication on Qatar’s economic landscape. Under the terms of the MoU, the two entities will jointly support research and analysis across critical areas of the Qatari economy, including economic diversification, the expansion of gas production, improvements in the business environment, and advancements in technology and infrastructure. The partnership will also enable Qatar Chamber’s members to access OBG’s online resources, covering economic insights from over 35 countries. Ali Busharbak Al-Mansouri, Acting General Manager of Qatar Chamber, highlighted the ......read more

Focus on Energy Management, Circularity, and Sustainable Materials like Better Cotton in Landmark Retail products. Doha, Qatar, 20 November 2024: Mashreq, a leading financial institution in the MENA region, has signed Sustainability-Linked Facilities (SLF) in Qatar with Landmark Retail, the leading value conglomerate in the retail sector in the Middle East. This marks the first time a private sector company has signed a bilateral sustainability-linked loan in Qatar. The partnership with Mashreq will further advance Landmark Retail's sustainability objectives and it is a testament to the bank's leading position in sustainable finance mobilization and sustainability advisory in MENA. It also contributes to the bank's commitment to facilitate USD 30 bn of sustainable finance by 2030. The key performance indicators ......read more

Projects in Tabuk and Jubail signal a new era of advancements and market expansion for the company Doha, Qatar, 19 November 2024: Techno Q, a Regional Systems Integrator, announced today it has been awarded two major tenders in Saudi Arabia, valued at over SAR 3.5 million. These tenders underscore the company's growing presence in Saudi Arabia and its expertise in delivering Audiovisual and digital signage solutions. The first project, located in Jubail, involves the modernization of the Audiovisual System at a cultural center, which will include the installation of a massive 24x4-meter LED screen in the main theater. The second operation, at the King Salman Armed Forces Hospital in Tabuk, focuses on the implementation of a digital signage system, featuring 50 wall-mounted UHD screens and two interactive touch displays equipped ......read more

Doha, Tuesday 19 November 2024 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, has once again demonstrated its unwavering commitment to community service and public health by organizing its annual blood donation drive. The event was held at QIC's headquarters in West Bay, Doha, in collaboration with Hamad Medical Corporation’s (HMC) blood donation center. This year's campaign, like its predecessors, highlighted the importance and lifesaving potential of blood donations. QIC employees enthusiastically participated, reinforcing the Group's dedication to fostering a culture of philanthropy and social responsibility. Rashid Al-Buainain, Group Chief Administrative Officer, remarked, “As the leading Qatari insurance company, we remain steadfast in our commitment to being ......read more

A content-based insurance literacy platform designed to promote insurance culture within the community qic.blog offers constantly-updated articles covering topics that range from driving to traveling and everyday life Doha, Qatar - 14 November 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has announced the launch of its digital blog qic.blog, the company’s new corporate content and insurance literacy platform designed to promote insurance culture within the community and to foster easy understanding of everyday life in Qatar. qic.blog offers up to date, informative content in both English and Arabic, including articles covering topics that range from car insurance and licensing, driving in Qatar, trends in tourism and travel to and from Doha, medical insurance and healthcare tips ......read more

Doha, Qatar – 12 November 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 won by Abdulhadi Al-Ahbabi, Amal Al-Kuwari, Mohd Alomer, Sultan Al-Kuwari, Fawzeya Al-Anssari, Saleh Al-Yafei, Ibrahim Alinabi, Wajdan Al-Sada, Salem Elaraby, Suddenly Babaran, Mohammed Shamiyeh, Rashed Al-Kuwari, Yasser Al-Mosallam, Ali Almohannadi, Jana Mohamed, Hamyan Alsulaiti, Hamad Al-Mohamedi, Raneem Alhalwani, Amina Alawadi, Naji Barhoumi, Fahad Al-Hajri, Mohieddine Khacherem, Hamad Al-Mutawaa, ......read more

Highlights in 9M 2024 Consolidated net profit for 9M 2024 increase by 16 % to QAR 525 million, compared with QAR 453 million for the previous year. Gross written premiums for 9M 2024 of QAR 7.2 billion. Domestic and MENA operations Gross Written Premiums rise by 43% in 9M 2024, to QAR 3.9 billion. Insurance service results increase by 62 %  t QAR 414 million in 9M 2024, compared to QAR 255 million for the same period in 2023. Doha, 30 October 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 QAR 525 million for the first nine months of 2024, compared to QAR 453 million over the same period in 2023. Following a meeting of the Board of Directors dated 29 October 2024, which was ......read more

Strong profitability driven by a persistent year-on-year growth in total income of 16% Group’s total assets reached QAR 116.7 billion, a highest level achieved in the Bank’s history Robust CAR of 17.4%, well above the minimum statutory limits Lusail, Qatar – 14 October 2024: Dukhan Bank (“the Bank” or “the Group” when referred to along with its subsidiaries; QSE Ticker: DUBK) announced its financial results for the nine-month period ended 30 September 2024, reporting a net profit of QAR 1.14 billion, representing a 3% growth compared to the last year. Key Performance Highlights   Total assets QAR 116.7 billion +2% vs. YE’23   Financing assets QAR 84.9 billion +9% vs. ......read more

Doha, Qatar – 6th October 2024: Dukhan Bank has been honoured with the Qatar’s “Rising Star” Award at the prestigious Euromoney Awards for Excellence 2024. This accolade highlights Dukhan Bank’s remarkable achievements in growth, profitability, and digital innovation. Over the past year, Dukhan Bank has made significant strides in its digital initiatives while consistently maintaining robust growth and profitability. The “Rising Star” Award underscores these accomplishments, solidifying Dukhan Bank’s position as a trailblazer in Qatar’s banking industry. In a pioneering move, Dukhan Bank introduced Qatar’s first prepaid digital card through its mobile app, “Dukhan Mobile,” allowing customers to manage their finances with ease. Additionally, the Bank has rolled ......read more

QIC’S recognition took place last week in Hong Kong at the Asset Triple A Private Capital Awards 2024 ceremony The award recognizes QIC’s excellence in digitizing its key general insurance products, namely motor, travel and home Doha, Qatar – 07 October 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has been recognized as General Insurance Company of The Year 2024 in Qatar by The Asset Triple A Private Capital Awards. This prestigious accolade highlights QIC’s success in cementing its leadership position, and the company’s remarkable contribution to reshaping the general insurance landscape in Qatar over the past few months. The award also recognizes QIC’s excellence in digitizing its key general insurance products, namely motor, travel and home ......read more

Doha, Qatar – 05 October 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 Khalid Buhazzaa, Ahlam Alsanadi, Mohammed Al-Shaikh, Thany Al-Kaabi, Rashid Al-Nabet, Maryam Al-Haddad, Hana Houimel, Yousif Al-Jedaia, Zakiya Al-Essa, Mohamed Abohajieh, Sara Al-Nesairi, Hassan Shaikh, Jannette Serrano, Aisha Al-Mulla, Aslah Kandiyil, Haneen Abdulrahman, Muna Al-Maslamani, Ali Al-Khoori, Mezal Al-Enazi, Mohammed Al-Muhannadi, Layla Al-Emadi, Mohamed Abdelrahman, Sharifa ......read more

dmg events, a leading organizer of face-to-face events, and Qatar-based NeXTfairs co-host the events. Big 5 Construct Qatar is the largest construction industry event in the country, bringing together over 10,000 professionals and more than 250 exhibitors from over 25 countries. Big 5 Construct Qatar host renowned brands from country pavilions such as China, Egypt, Italy and Türkiye, and other participating countries Doha, Qatar, 5 October 2024: Qatar's construction industry is on the brink of significant expansion, with forecasts predicting a $123.1 billion surge by 2030, driven by 9.5% CAGR and robust government investments (Source: QNB Daily Market Report). In this dynamic economic environment, Big 5 Construct Qatar and INDEX Design Qatar are making a much-anticipated return to Doha, offering a premier platform that ......read more

Order books were covered more than 3 times and peaked at USD 2.6 billion Lusail, Qatar - 2 October 2024: Dukhan Bank (Q.P.S.C.), rated A2 by Moody’s (stable outlook) and A by Fitch (stable outlook), successfully issued a USD 800 million 5-year senior unsecured Sukuk with a profit rate of 4.56% per annum representing a spread of 100bps over 5-year US Treasuries. The transaction marks the debut Senior Sukuk issuance for Dukhan Bank and was met with outstanding demand from global and regional investors. Order books were covered more than 3 times and peaked at USD 2.6 billion, enabling the bank to issue USD 800 million – the largest issue size achieved by a Qatari Islamic bank since 2020. Final price guidance came in at 100bps over 5-year US Treasuries, representing 30bps tightening from the initial price thoughts of ......read more

Oxford Business Group and Arab Fintech Forum to Partner for MENA Fintech Festival 2024 in Qatar Doha, September 2024: Oxford Business Group (OBG) is pleased to announce a strategic partnership with the Arab Fintech Forum for the much anticipated MENA Fintech Festival 2024, to be held from December 3-5 at the Qatar National Convention Centre in Doha. As a research partner for the event, OBG will also provide key economic intelligence on digital financial services in Qatar in its annual research on the country, The Report: Qatar 2025. The collaboration aims to spotlight the significance of fintech in Qatar's rapidly evolving financial sector, with OBG contributing its expertise and data-driven insights to inform global subscribers about emerging trends, opportunities, and challenges in digital finance. The three-day event will ......read more

Doha, 15 September 2024 - Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, has announced the signing of an agreement with the Organizing Committee of the Samla Race to support the sixth edition of the national endurance competition “Samla 2024”, continuing its role in highlight Qatar and Doha as a global sports capital. The agreement, signed on Wednesday, September 11 at Qatar Insurance Group's headquarters in West Bay, was signed by Mr. Salem Al Mannai, Group CEO of QIC Group, and Mr. Azzam Al Mannai, CEO of the Organizing Committee of the Samla Race, designates Qatar Insurance as the official insurance sponsor of the event. The race will take place from December 5 to 7 over a distance of 200 kilometers, featuring swimming, running, shooting, kayaking, and mountain biking. It is ......read more