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Featured in Banking and Investments
QIC Group reports a 19% rise in Net Profits to QAR 735 million for the year 2024

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

BKN301 announces Qatar office as the regional headquarters for all MENA operations

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

Dukhan Bank Announces The Third Prize Winner Of Qar 1 Million Of Its Thara'a Savings Account

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

QIC Introduces New Features on its Award-Winning Mobile App

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

Al Meera Enhances "Himyan" National Card with New Collaboration

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

Dukhan Bank Announces Winners of the 2024 Credit Card Spend Campaign

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

Qatar Insurance Group Celebrated at Samla Race 2024 Awards Ceremony

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

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

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

QIC Official Insurance Sponsor of QTM 2024

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 and Qatar Chamber sign MoU to enhance economic insights in The Report: Qatar 2025

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

Mashreq and Landmark Retail Launch Qatar's First Private Sector Sustainability-Linked Finance Partnership

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

Qatari Company, Techno Q, Secures Tenders in Saudi Arabia

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

Qatar Insurance Group's Annual Blood Donation Campaign: A Commitment to Community Well-being

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

QIC Launches Its Blog Platform

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

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

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

QIC Group net profit increase 16% to QAR 525 million

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

Dukhan Bank reports a net profit of QAR 1.14 billion for the nine-month period ended 30 September 2024

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

Dukhan Bank Receives Qatar's “Rising Star” Award by Euromoney Awards for Excellence 2024

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 Named General Insurance Company of The Year 2024 in Qatar

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

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

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

Big 5 Construct Qatar and INDEX Design Qatar unite construction leaders to capitalize on Qatar's $123 billion industry boom

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

Dukhan Bank announces the successful debut issuance of USD 800 million Senior Sukuk, the largest issue size achieved by a Qatari Islamic bank since 2020

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

A significant collaboration on Qatar and the MENA region's Fintech landscape

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

Qatar Insurance Group to Sponsor the 2024 Samla Race

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

MUFG EMEA and Doha Bank close first Green Repurchase scheme in Middle East

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

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

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

MEEZA signs a deal exceeding QAR 100 million to deliver 1 megawatt Data Centre capacity

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

Mirah Marhaendra appointed as cluster director of marketing communications at raffles doha and Fairmont Doha

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

QIC Group reports 11% growth in Net Profits in H1 2024

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

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

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

LG Releases Second-Quarter 2024 Financial Results

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

WCM-Q students probe the effects of weight loss drugs on diabetes, obesity and cancer

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

MEEZA and AMD Announce Strategic Cooperation Agreement to Accelerate AI Revolution in Qatar and the Region

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

I Squared announces new shareholders in Transportation Equipment Network ("TEN") the leading North American full-service trailer lessor

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

Dukhan Bank reports a net profit of QAR 784 million for the six-month period ended 30 June 2024

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

QIC Wins “Mobile App of The Year in Qatar” Accolade at The Insurance Asia Awards 2024

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

Zendata signs $35m business deal with salam technology to protect gulf businesses for next five years

- 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

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

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

Dukhan Bank Wins Six Prestigious Awards at MENA Banking Excellence Awards 2024

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

Dukhan Bank Attains Prestigious International Security Certifications

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

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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 ......read more

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

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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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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, ......read more

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

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 ......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 ......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 ......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 ......read more

Dukhan Bank Posts a Historic net profit of QAR 1.3 billion for the Year ended 31 December 2023, ...…

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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......read more

Al Meera Launches “National Product Week” and the National Day Campaign "I Love Qatar” that ...…

Doha, Qatar - 30, November 2023: In collaboration with the Ministry of Commerce and Industry, Al Meera is delighted to announce the launch of the 'National Product Week' initiative, under the slogan 'Together, We Support the National Product. 'This initiative will run from November 29 to December 6, 2023, showcasing Al Meera's commitment to supporting national products. ......read more

‘We Are Now at the Dawn of a New Age for Intelligence,' Says Global AI Expert at Qatar Foundation's ...…

The summit showcased diverse perspectives of key thought leaders, innovators, and young changemakers on AI in education Doha, Qatar – 29 November 2023: The world is at a tipping point for human evolution because machines are about to profoundly change the way we live, the way we work, and even experience what it means to be human, said Nina Schick, one of the first Generative AI ......read more

Strategy& Middle East Commits to Qatar's Future Growth by Expanding its Senior Presence in Doha…

Doha, Qatar, 27 November 2023: Strategy& Middle East, a member of the PwC network, has expanded its senior presence in Qatar as part of its plans to support the nation’s flourishing business community and contribute to the Qatar National Vision 2030.  Strategy& Middle East aims to support a growing portfolio of work in the country, with plans to further expand its ......read more

Naufar Advances Digital Transformation through Strategic Partnership with MEEZA…

Doha, Qatar, 21 November 2023: Naufar, a leading healthcare institution in Qatar, is set to revolutionize its digital capabilities through a strategic collaboration with MEEZA, a prominent Managed IT Service and Solutions provider in the state of Qatar, recently listed publicly, signifies a pivotal. In a landmark move toward comprehensive IT infrastructure revitalization, Naufar will leverage ......read more

Dukhan Bank Partners with the Gulf Organization for Research and Development to Boost Sustainable ...…

The Gulf Organisation for Research and Development (GORD), a leading organization dedicated to promoting sustainability and climate change, and Dukhan Bank, a prominent Shari’ah-compliant banking service provider, have announced a significant partnership aimed at bolstering sustainable finance practices and fostering environmental and societal development in line with Qatar National Vision ......read more

Qatar Insurance Group Sponsors Qatar Travel Mart…

QIC will showcase its latest inbound and outbound travel insurance solutions for retail and corporate customers Visitors to the QIC pavilion will get access to personalized insurance advice and instant assistance with determining their travel insurance needs Doha, Thursday 16th November 2023 - Qatar Insurance Group (QIC Group, QIC), the leading insurer in Qatar and the MENA region, has ......read more

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

Doha, Qatar – 09 November 2023 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Mira Sahraoui and Fatma Shokri each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded ......read more

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

Doha, Qatar – 09 November 2023 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Mira Sahraoui and Fatma Shokri each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded ......read more

Dukhan Bank Announces the Grand Prize Winner of 1,000,000 DAwards of Credit Card Spend Campaign…

Doha, Qatar – 4 November 2023: Dukhan Bank is delighted to announce Mr. Abdulla Al-Boainain as the grand prize winner of 1,000,000 DAwards in the third and final draw of its 3-month Credit Card Spend Campaign. The Bank initiated this campaign to reward its valued customers with a total of 2,000,000 DAwards. The winner was unveiled following a draw held at the bank's headquarters, ......read more

LG Announces Third-Quarter 2023 Financial Results…

High Performance, Strong Profitability Reflect Progress in Advancing Business Portfolio, Accelerating B2B Business and Procuring New Growth Engines 02 November, 2023 — LG Electronics Inc. (LG) today announced third-quarter 2023 consolidated revenue of KRW 20.7 trillion and operating profit of KRW 996.7 billion, both the second highest third-quarter figures in the company’s history. ......read more

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

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