Qatar PR Network, Online Press Release from qatar and Doha city
Featured in Banking and Investments
QIC Wins Three Titles at The Global Brands Awards

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

Dukhan Bank announces the June draw winners of its Thara'a savings account prize

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

Ooredoo Group committed to building a new generation of sustainable, energy-efficient, carrier-neutral data centres across its MENA footprint.

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

Al Meera Oman and Shell Oman enter a Strategic Partnership to launch 57 Co-Branded Shell Select and Al Meera stores

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

BLJ Worldwide's second state-of-the-region report on technology industry confirms investment in mobility tech is key to a sustainable future in MENA

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

MEEZA Hosts Successful Roundtable on Cloud Computing and the Financial Sector

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

Al Meera Celebrates the Grand Opening of New Ain Khaled - Umm Al Seneem Flagship Branch

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

QINVEST's Board of Directors Accepts Co-CEO Hussain Abdulla's Resignation

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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Qatar to host the 51st UN Tourism Regional Commission Conference for the Middle East

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

MEEZA Announces the Appointment of New CEO

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

QFZ and Evonik Sign MoU at Qatar Economic Forum, Aiming to Explore Investment Opportunities in Qatar

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

Qatari Investors Group (QIG) selects Rise with SAP for accelerated transition to Cloud in-country

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

QFZ and FedEx Logistics Sign MoU to Establish a Regional Logistics Facility in Qatar's Free Zones

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

Alo Yoga debuts in Qatar with flagship opening at the Doha Festival City

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

Dukhan Bank announces the first prize winner of QAR 1 Million of its Thara'a Savings Account

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

QIC Group reports 11 % growth in Net Profits at QAR 194 million.

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

GWC Posts QAR 50.88 million in Q1 Net Profits

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

Dukhan Bank reports a net profit of QAR 423 million for the three-month period ended 31 March 2024

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

Dukhan Bank announces the April draw winners of its Thara'a savings account prize

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

QIC Group Honors Staff at Long Service Award Ceremony

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

Dukhan Bank's Agm Approves 16% Cash Dividend For Shareholders, Equivalent To Qar 0.16 Per Share

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

QIC Opens Edutainment Branch at KidzMondo Doha

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

Dukhan Bank announces the March draw winners of its Thara'a savings account prize

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

QIC Group hold its General Assembly Meeting

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

WING's Spring Conference in Doha celebrates collaboration and innovation in the global insurance sector

Doha, March 7, 2024 –The Worldwide Insurance Network Group (WING), a leading global network of independent insurance brokerage providers, held its exclusive three-day Spring Conference from March 4 to March 7, 2024, in Doha. The invite-only event brought together international, regional, and local insurance players and experts, spotlighting the role of cross-border collaboration in navigating the complexities of the global insurance landscape. Founded in 1990, WING’s robust member and provider network today spans more than 55 markets across continents. The Group’s choice of Doha for its yearly Spring Conference underscores Qatar’s growing prominence as a global business and insurance hub, powered by world-class infrastructure and connectivity.  “Beyond networking, this conference is a strategic ......read more

Driving Qatar's economic diversification through investment

Sheikh Ali Alwaleed Al-Thani highlights the strategies crucial for attracting foreign investment in an exclusive interview with Oxford Business Group   Doha, February 2024: Oxford Business Group (OBG) explores Qatar's strategies for economic diversification in its latest interview with Sheikh Ali Alwaleed Al-Thani, CEO of Investment Promotion Agency Qatar (Invest Qatar). The interview, titled “Sustained Momentum,” explores Qatar's proactive approach in leveraging cooperation and competitive advantages to attract foreign investment.   In the interview, Sheikh Ali Alwaleed Al-Thani sheds light on key initiatives driving Qatar's transition to a diversified, knowledge-based economy.   Significant investments in transport infrastructure projects, such as Hamad International Airport, ......read more

QIC Group reports Net Profits of QAR 615 million for the year 2023

Net Profit up by 152% Highlights in FY 2023 QIC Group consolidated net profits surge by 152% to QAR 615M. Gross written premiums of QAR 8.5Bn. QIC’s domestic and MENA operations gross written premiums grew by 25% in 2023. Insurance service results of QAR 747M in 2023, compared to loss of QAR 465M in 2022. Net investment results of QAR 922M during 2023, compared to QAR 828M in 2022 Doha, 15 February 2023 - Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported net profits (including minority) of QAR 615 million for the year 2023, compared to a net loss of QAR 1,183 million for the previous year. Following a meeting of the Board of Directors yesterday, which was presided over by Sheikh Hamad bin Faisal bin ......read more

Dukhan Bank announces the February draw winners of its Thara'a savings account prize

Doha, Qatar – xx February 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 Bibibakhiyar Mahoudinowdaz, Ibrahim Al-Abdulla, Nabil Allahham, Sameer Khan, Najat Al-Muslemani, Amroo Haikal, Shaikh Munawaruddin, Aldana Al-Saad, Naseer Cheruvote, Salem Al-Qitairi, Abdulla Al-Marri, Latifeh Taha, Abdulla Al-Khulaifi, Rabie Khaldi, Maryam Alkhayareen, Mohamed Allabban, Fildy Iswara, Khalid Alobaidli, Adeeba Al-Sulaiti, Ali Alkhulaifi, Maryam Al-Hetmi, Abdulaziz ......read more

Dukhan Bank Posts a Historic net profit of QAR 1.3 billion for the Year ended 31 December 2023, with a 4% Yearly Growth

The Board of Directors proposed a cash dividend of 16% of nominal share value, equivalent to QAR 0.16 per share, subject to QCB approval and shareholders’ approval at the AGM  The Group reported highest ever profits, underpinned by strong growth in total income of 37%  Group’s total assets remained at the historic levels at QAR 114.4 billion  Robust CAR of 17.2%, remained adequately higher than the minimum statutory limits    Doha, Qatar – 4 February 2024: Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the year ended 31 December 2023 with a highest net profit amounting to QAR 1.3 billion, representing a 4% growth compared to the last year.   Key ......read more

Dukhan Bank posts a historic net profit of QAR 1.3 billion for the  year ended 31 December 2023, with a 4% yearly growth The Board of Directors proposed a cash dividend of 16% of nominal share value, equivalent to QAR 0.16 per share, subject to QCB approval and shareholders’ approval at the AGM  The Group reported highest ever profits, underpinned by strong growth in total income of 37%  Group’s total assets remained at the historic levels at QAR 114.4 billion  Robust CAR of 17.2%, remained adequately higher than the minimum statutory limits    Doha, Qatar – 4 February 2024: Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the year ended 31 December ......read more

Navigating Technological Trends and Emerging Challenges in the Gulf Media Industry

Northwestern Qatar Dean Marwan M. Kraidy explores the Gulf media and education landscape in Oxford Business Group interview Doha, February 2024: Oxford Business Group (OBG) explores the evolving Gulf media landscape in its upcoming publication, The Report: Qatar 2024, featuring an insightful interview with Marwan M. Kraidy, dean and CEO of Northwestern University in Qatar. In the discussion, Kraidy highlights Northwestern Qatar’s commitment to providing innovative education within a diverse academic and research community. The institution focuses on nurturing enduring skills, such as writing and critical thinking, acknowledging their relevance regardless of changes in the media industry. Swift adaptability to industry developments is a hallmark, with the recognition that the pace of change provides a ......read more

QIC Named “Insurer of The Year in Qatar” at The MENA IR Awards 2024

Doha, 1st February 2024 - Qatar Insurance Company (QIC), has been named “Insurer of the Year in Qatar” for the third consecutive year at the prestigious MENA IR Awards 2024. The recognition took place at the program’s annual awards ceremony held last week in Dubai and was attended by senior representatives of regional and global insurers, rating agencies, and auditors. This prestigious accolade comes in recognition of QIC’s exceptional performance at the levels of product digitization and customer service excellence over the last 12 months, offering customers the best coverage options and the unique ability to be in full control of all their insurance needs. The company has also succeeded in cementing its market leadership position by providing the best online insurance services to retail customers, namely ......read more

Qatar is the New Home of the Green Economy Partnership (GEP)

Doha, Qatar, 17 January 2023: In a significant stride towards global sustainability, the Green Economy Partnership (GEP) headquarters will be domiciled in Doha, Qatar, furthering its commitment to fostering international collaborations under the Country’s far reaching sustainability vision.  Under the leadership of His Excellency Sheikh Mansour Bin Jabor Bin Jassim Al Thani, GEP aims to amplify its impact on global climate initiatives, emphasizing collaboration with governments and the implementation of CO2 removal projects that fall under article 6 of the Paris Agreement. “The Green Economy Partnership was established to create global collaborations that exceed the nominal value of the transactions. We actively work with governments, advising and driving the development of ARR projects that reduce NetZero ......read more

Financial Results For The Year Ended 31 December 2023

Doha, 11 January 2024: QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced that the Board of Directors, during its meeting held today has approved its results for the year ended 31 December 2023. The Board of Directors of QNB Group have recommended to the General Assembly the distribution of a cash dividend of 65% of the nominal share value (QAR0.65per share) after taking into account the solid financial performance recorded by QNB for the year ended 31 December 2023. The annual financial results for 2023 along with the proposed profit distribution are subject to Qatar Central Bank (QCB) approval. Net Profit for the year ended 31 December 2023 reached QAR15.5 billion (USD4.3 billion), an increase of 8% compared to the same period last year. Operating Income increased by 11% to reach QAR39.1 ......read more

MEEZA Wins Two Prestigious Awards at the Global Business Outlook Awards 2023

• MEEZA won the Most Innovative ICT Services Provider in Qatar and the Most Innovative ICT Learning Advisory Initiative for Graduates • The awards highlight the company's commitment to strengthening its leadership as the best managed IT service provider in the MENA region   Doha, Qatar – 30 December 2023: MEEZA QSTP LLC (Public), Qatar's leading Managed IT and Data Centre services Provider which was recently listed on the Main Market of Qatar Stock Exchange (QSE), has won the Most Innovative ICT Services Provider in Qatar while MEEZA Academy was recognised as the Most Innovative ICT Learning Advisory Initiative for Graduates at the Global Business Outlook Awards 2023.   MEEZA was crowned with both awards in recognition of its excellence in the ongoing efforts to improve, develop, and ......read more

QIC Opens a New Branch at Doha Festival City

Mall visitors can get access to personal lines insurance products, including getting their insurance policies and filing claims The new branch is open from Saturday to Thursday from 10am till 10pm, and on Fridays from 5pm till 10pm Doha, Qatar - 28 December 2023: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has announced the opening of its newest branch at Doha Festival City, one of Qatar's favorite destinations for shopping, dining, and entertainment. This opening comes as part of the QIC’s ongoing efforts to elevate its offerings, bringing customers further convenience and easy access to different channels that allow them to fulfill their insurance needs and feel safer about their lives, their loved ones, and their properties. Conveniently located on the ground floor and ......read more

Anoud Tech Wins Insurtech of the Year 2023 Award

Doha, 21st December 2023 - Anoud Technologies LLC (Anoud Tech), a wholly owned IT subsidiary of QIC Group, the leading insurer in Qatar and the MENA region, was announced as the winner of the prestigious InsurTech of the Year 2023 award in recognition of its outstanding achievements in digital insurance. The award was presented at the 10th Middle East Insurance Industry Awards on November 2023 in Dubai, UAE. Commenting on this accomplishment, Mr. Salem Al-Mannai, QIC Group CEO said, “We are thrilled that Anoud Tech has been named ‘InsurTech of the Year’, which recognizes the company’s transformative impact on the insurance industry through a technology that aims to strengthen operational resilience and revolutionize insurance administration across the world. Anoud Tech’s win is also a testament to the ......read more

Qatar Signs the Digital Cooperation Organization Charter

Doha, 12 December 2023 – The Digital Cooperation Organization (DCO) announced that the State of Qatar has signed the DCO Charter, further strengthening the Organization's capacity to accelerate global digital economies. H.E Mohammed bin Ali bin Mohammed Al Mannai, Qatar’s Minister of Communications and Information Technology, and the DCO Secretary-General H.E Ms. Deemah AlYahya attended the signing of the DCO Charter at the Doha Forum in Qatar earlier today. His Excellency Mr. Mohammed bin Ali Al Mannai, Minister of Communications and Information Technology, emphasized the importance of signing the charter, stating," The signing of the charter to join the Digital Cooperation Organization contributes to enhancing Qatar's role as a key player on the international level in the field of technology and digital ......read more

Dukhan Bank Announces the December Draw Winners of its Thara'a Savings Account Prize

Doha, Qatar – 9 December 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 Nasser Al-Hajri and Mohammed Al-Mannai each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to Abdellatif Azzaoui, Latifa Al-Bahr, Mohammed Al-Abdulla, Faisal Al-Sada, Saad Al-Marri, Sayed Abdelaziz, Rey Balita, Maha Abuhujleh, Shaikh Munawaruddin, Aljawhara Al-Ali, Rana Alturani, Layla Aljaber, Maryam Al-Moslemani, Bashir Tambe, Mohammed Al-Malki, Medel Tan, Musab Ahmed, Omar Al-Hammadi, Siddique Mohammed, Noor Mohamed, Adeeba Al-Sulaiti, Noora Alabdulmalik, Rashid Al-Maslamani, Amira Braham, Muna Meghary, Mohamed Bayoumy, ......read more

QIC Launches “3 Months Free Insurance” Promotion

New customers can benefit from a 12-month comprehensive insurance for the price of just 9 months The offer is ongoing until 29 February 2024 and provides flexible payment options, including a monthly installment plan Doha, Qatar - 5 December 2023: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, announced the launch of its exclusive end of the year car insurance promotion, allowing new motor customers to get 3 months of comprehensive car insurance for free. With this offer, every new customer who purchases a comprehensive car policy will benefit from a 12-month full insurance coverage for the price of just 9 months, which means that the customer gets 3 months of coverage for free. Ongoing until 29 February 2024, QIC’s new promotion can be availed when buying a new comprehensive policy in ......read more

Other Top Stories from Banking and Investments
 
The Ned Doha Welcomes Massimiliano Binda as Managing Director…

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 ......read more

MEEZA Records 24% Increase in Revenue and 29% Increase in Net Profit for the First Nine Months of ...…

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, ......read more

Dukhan Bank Posts A Net Profit of QAR 1.1 billion for the Nine-month Period ended 30 September ...…

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 ......read more

QInvest Participates in the Seventh Edition of the Future Investment Initiative (FII) held in Riyadh…

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 ......read more

Navigating Qatar's Strategic Growth Agenda to Economic Transformation and Abundant Investor ...…

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 ......read more

Sharq Insurance Announces Participation in The Big 5 Construct Exhibition 2023…

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 ......read more

Lesha Bank Reports QAR 66.8 Million Profit for the Nine-Months Period Ended 30 September 2023…

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 ......read more

Sharq Insurance Wins Double Recognition with the "Leading Qatari Insurance Services Provider ...…

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 ......read more

MEEZA Appoints a New Acting CEO…

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 ......read more

Al Meera Sets the Golden Standard in Safety and Quality by Achieving Certification of ISO 22000:2018…

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 ......read more

QNB Group Q3 Financial Results for 2023…

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 ......read more

Dukhan Bank Announces the Winners of its Quarterly Thara'a Savings Account Prize…

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 ......read more

Ooredoo Group Wins Prestigious Accolades at 2023 International Business Awards®…

• 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 ......read more

QIC Bags 3 Prestigious Accolades at The Global Brands Awards 2023…

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”, ......read more

Doha Bank Board of Directors appoints H.E. Sheikh Abdulrahman bin Fahad bin Faisal bin Thani Al ...…

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 ......read more

Vision 2030 Alignment Catalyses Economic Growth and Diversification in Qatar…

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 ......read more

The Countdown is on: 5-weeks to Index Design Qatar and Big 5 Construct Qatar at the DECC…

• 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 ......read more

Msheireb Properties Announces Arrival of New MEEZA Office to Msheireb Downtown Doha…

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 ......read more

Al Meera Launches ‘Discover America with a Fork and the Road' Campaign across Selected Branches in ...…

• 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 ......read more

Dukhan Bank Unveils Home Finance Campaign with Up to QAR 200,000 Cashback for Customers…

• 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 ......read more

Dukhan Bank Announces the September Draw Winners of its Thara'a Savings Account Prize…

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 ......read more

Qatar Insurance Group - S'hail 2023…

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 ......read more

Confidence at Every Turn! QIC Rolls Out New Awareness Campaign…

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 ......read more

Dukhan Bank Announces Five Winners to Receive 100,000 DAwards each in 2nd Draw of Credit Card Spend ...…

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 ......read more

September 1st Is the Last Day for Depositing to Enter Al Dirwaza Account October Monthly Draw…

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 ......read more

Qatar Sports Investments (QSI) and Damm reach historic agreement for acquisition of World Padel ...…

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 ......read more

Burgan Bank Issues Visa x-change Prepaid Card…

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 ......read more

Ooredoo Accelerates Digital Transformation and Upgrades Customer Experience, Partners with Tech ...…

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 ......read more

QIC Group Six-month Net Profit Jumps 181% to QAR 325M'…

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, ......read more

QIC Group Six-Month Net Profit Jumps 181% to QAR 325M…

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, ......read more

Dukhan Bank Announces the August Draw Winners of its Thara'a Savings Account Prize…

Doha, Qatar – 12 August 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 Jaber Alkuwari and Racquel Ramos each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded ......read more

Parsons Wins $52M Public Works Authority Contract In Qatar…

Doha, Qatar (Aug 8, 2023) – Parsons Corporation (NYSE: PSN) announced today that the company has been selected to deliver design engineering consultancy services to Qatar’s Public Works Authority, more commonly known as Ashghal, for a new road and infrastructure framework. The $52 million, six-year contract includes conceptual, preliminary, and detailed design for roads and ......read more

Dukhan Bank Announces Five Winners to Receive 100,000 DAwards each in 1st Draw of Credit Card Spend ...…

Doha, Qatar - 5 August 2023: Dukhan Bank has announced the names of the winners in the first 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 ......read more

Ooredoo Group Appoints a New CEO for Ooredoo Algeria…

Doha, Qatar, 1 August 2023: Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker ORDS – has announced the appointment of Roni Tohme as the new Chief Executive Officer of Ooredoo Algeria, effective 1 August 2023, after a successful interim period as the company’s Acting CEO.    Roni brings over 21 years of experience in telecoms and finance to his new role, having ......read more

The First Investor, the Leading Investment Banking and Asset Management Subsidiary of Dukhan Bank, ...…

The First Investor (TFI), a subsidiary of Dukhan Bank and one of the leading investment banking and asset management companies in Qatar, announce the appointment of Mr. Haithem Katerji as its new Chief Executive Officer (CEO). Mr. Katerji brings a wealth of experience and expertise to this Leadership role, and his appointment marks an exciting new chapter for The First Investor. With an ......read more

MEEZA Eecords 42% Increase in Revenue and 18% Increase in Net Profit in First hHlf of 2023…

Doha, Qatar, 29 July 2023: MEEZA QSTP LLC (Public) (“MEEZA” & “the Company”) announced its financial results for the half year ended 30 June 2023, ahead of its imminent listing on the Qatar Stock Exchange. QAR million H1 2023 H1 2022 % change äÓÈÉ ÇáÊÛíÑ ÇáäÕÝ ÇáÃæá ......read more

GWC Declares 9% Growth in 1st Half 23' Revenues Despite Headwinds…

25 July 2023 / Doha: Gulf Warehousing Company Q.P.S.C. (GWC) announced the results for the first half of 2023, realizing a total 9% Revenues’ growth YoY at QAR 786 million, making a growth of 14% in Gross Profits at QAR 235 million, and a net profit of QAR 115 million. Earnings per share at QAR 0.196 during the same period ending on 30 June 2023. This accomplishment is realized despite ......read more

Ooredoo, Zain and TASC Towers Holding Enter Exclusive Negotiations to Create an Independent Tower ...…

Independent operating model will enhance shareholder value, and enhance the operational and carbon efficiency of passive tower infrastructure supporting the reduction of MENA’s carbon footprint   Doha, Qatar; Kuwait City, Kuwait; Dubai, UAE; 25 July 2023:    Ooredoo Q.P.S.C. (“Ooredoo”) - Ticker: ORDS announced that Ooredoo Group has entered exclusive ......read more

Ooredoo Group: Trailblazing Female Leader Wins Gold at International Stevie Awards for Women in ...…

Group Chief Human Resources Officer Fatima Sultan Al Kuwari Named ‘Female Executive of the Year – Business Products – More than 2,500 Employees’    Ooredoo Group is pleased to announce the recognition of its Chief Human Resources Officer, Fatima Sultan Al Kuwari, as ‘Female Executive of the Year – Business Products – More Than 2,500 ......read more

Dukhan Bank Posts a Net Profit of QAR 761 Million for the Six-month Period Ended 30 June 2023, 2% ...…

Doha, Qatar – 16 July 2023: Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the six-month period ended 30 June 2023, with a net profit amounting to QAR 761 million, representing a 2% growth compared to the same period of last year. Analysis of Group’s financial ......read more

GWC Raises Foreign Investors Ownership Limit to 100%…

13 July 2023 / Doha: GWC is proud to announce that it is one of the first companies in Qatar to increase the foreign investor ownership percentage in the organization’s capital to 100%. This milestone development was achieved after receiving the approval of the honorable Council of Ministers session which was held on 17th May 2023.   Speaking about this, Hicham Nedjari, CFO, GWC ......read more

Financial Results For The Six Months Ended 30 June 2023…

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the six months ended 30 June 2023. Net profit for the six months ended 30 June 2023 reached QAR7.6 billion (USD2.1 billion), an increase of 8% compared to same period last year. Operating Income increased by 14% to reach QAR18.5 billion (USD 5.1 billion) underpins Group’s ......read more

Dukhan Bank Announces the Winners of its Quarterly Thara'a Savings Account Prize…

Doha, Qatar - 8 July 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 Mohamed Ayari and Nisrin Fanous have each won a cash prize of 50,000 Qatari Riyals, as well as Yahya Gomaa and Hessa Al-Sulaiti ......read more

Ooredoo Kuwait Upholds Its Dedication to Putting Employee Well-Being First…

Kuwait City, July 05, 2023 – As part of its ongoing commitment to prioritizing its employees' welfare, Ooredoo Kuwait, the leading telecommunications company, reinforces its people-centric approach through an extensive and continuous corporate wellness program aimed at improving the well-being and productivity of its workforce. The program equips employees with valuable resources ......read more

Dukhan Bank Customers to Win from a Total of 2,000,000 DAwards in Credit Card Spend Campaign…

• 5 winners each to receive 100,000 in the first monthly draw held on July 31 • 5 winners each will receive 100,000 in the second monthly draw held on August 30 • 1 winner will walk home with 1,000,000 in the grand prize draw held on October 3   Doha, Qatar – June, 2023: Dukhan Bank has announced its latest Credit Card Spend Campaign for its customers to have ......read more

Dukhan Bank Wins ‘Most Transformed Islamic Bank in Qatar' Award from Euromoney…

DOHA, QATAR- 20 June 2023: Dukhan Bank has received yet another international recognition for its innovative approach to banking services by winning the ‘Most Transformed Islamic Bank in Qatar 2023’ from Euromoney’s Islamic Finance Awards 2023. This recognition is a testament to the bank's unwavering commitment to digital innovation, customer-centric services, and its ......read more

Sharq Insurance Wins “Digital Transformation of The Year Qatar 2023” Award for the Insurance ...…

Having recently launched into the market, fully owned subsidiary of Doha Bank, Sharq Insurance, was recognized for its excellent digital offerings and rapid digitization Doha, Qatar – 19 June 2023: Sharq Insurance L.L.C, the general insurance company owned by Doha Bank, has received the “Digital Transformation of The Year Qatar 2023 – Insurance Sector” Award from the ......read more

Dukhan Bank Announces the June Draw Winners of its Thara'a Savings Account Prize…

Doha, Qatar – 10 June 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 Khalifa Al-Kubaisi and Eisa Amani each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded ......read more

MEEZA Opens IPO Subscription for 324,490,000 Ordinary Shares Today, June 6…

Doha, Qatar, May 2023 – Following the Intention To Float (ITF) announcement, MEEZA, the leading managed IT service provider in the State of Qatar, is announcing the opening of the subscription period for its shares today, Tuesday June 6 2023, for Qatari individual and corporate investors. The period will be open until June 19, 2023, allowing interested investors to subscribe to the IPO ......read more

First Finance Wins Best Digital Transformation Initiative Award from The Global Economics…

Doha, Qatar – 30 May 2023:  First Finance (FFC) has won the Best (NEW) Digital Transformation Initiative in Finance Industry Award from The Global Economics for its “FFC Mobile App” launched in 2022. The Global Economics Awards acknowledge corporate institutions for their commitment to providing the best work culture towards their regional and global economies. ......read more

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