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.

...read more

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
 
MEEZA QSTP LLC (Public) (“MEEZA”) to Offer its Shares through Initial Public Offering…

The proposed offering of securities to which this announcement relates is open in Qatar only to individual Qatari nationals and legal entities incorporated in Qatar.   • MEEZA is a leading end-to-end IT services provider within Qatar, including data center and colocation services • The share capital of MEEZA is QAR 648,980,000, divided into 648,980,000 Shares of QAR 1 ......read more

QIC Group Recognized for its Contributions towards Developing Qatar's Human Capital…

Doha, 28th May 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region was honored at the graduation ceremony of the eighth cohort of the “kawader Malia” program, for its outstanding contribution towards supporting the development of young Qataris and its commitment to shaping the country’s future workforce.  Held at the four seasons hotel in ......read more

Palo Alto Networks and Google Cloud Bring Zero Trust Security to the Hybrid Workforce in Qatar…

May 24, 2023 – [Doha, Qatar]  Palo Alto Networks, the global cybersecurity leader, today announced the expansion of Prisma Access to a new Google Cloud region in Qatar to bring Zero Trust security to the hybrid workforce.   “As organisations adopt hybrid working practices and make the shift to cloud computing, they need to give employees direct and secure access to ......read more

Qatar Insurance Group – An Innovation Catalyst…

MENA InsurTech Rising 2023 QIC holds MENA InsurTech Summit 2023 Doha, 24 May 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, held the second edition of its annual insurtech summit on May 20-22, 2023, at Park Hayyat hotel in Doha, Qatar, under the theme “MENA Insurtech Rising”. The three-day event brought together 88 C level regional ......read more

Qatar National Cement Company Selects SAP and Google Cloud to Power Digital Transformation Journey ...…

Mannai worked closely with SAP and Google Cloud to accelerate the Qatari cement giant’s transition to the cloud, with data hosted securely on Google Cloud    Doha, Qatar — May 23, 2023 — Qatar National Cement Company (QNCC), a key player behind the nation’s construction industry boom, has signed a partnership agreement with global technology company SAP SE ......read more

Dukhan Bank Introduces Personal Finance with Low Profit Rate…

Doha, Qatar – 22 May, 2023: Dukhan Bank has launched a new personal finance campaign that allows new customers to benefit from a low profit rate of 6% per annum.  Dukhan Bank customers can take advantage of the offer to apply for a minimum finance amount of QAR 200,000 for a period of 4 years and above. The campaign, which is applicable to new customers only, will provide easy ......read more

QIC Group announces MENA Insurtech Summit 2023 Agenda and Speakers…

Doha, 18th May 2023 – After the incredible success of its first edition, the MENA Insurtech Summit returns to Doha, Qatar for on May 20-22, under the theme ‘MENA Insurtech Rising’ with a program packed with forward-looking panel discussions and workshops featuring 90 expert international and regional speakers from across the spectrum of the insurance, technology and financial ......read more

Sharq Insurance Partners with Doha Bank at Build Your House Exhibition…

The fully owned subsidiary of Doha Bank, Sharq Insurance, will showcase its comprehensive solutions for Home and Property Insurance  Doha, Qatar – 17 May 2023:  Sharq Insurance L.L.C, the general insurance company owned by Doha Bank, is pleased to announce its collaboration with Doha Bank at the highly anticipated Build Your House Exhibition, held from May 15 to May 18 at ......read more

QInvest Sponsors Qatar Economic Forum Powered by Bloomberg as “Participating Sponsor” for the ...…

Doha, Qatar – 16 May 2023:  For the second consecutive year, QInvest LLC, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions globally, has announced its sponsorship as “Participating Sponsor” of the Qatar Economic Forum 2023, which will be held from May 23 to May 25, 2023, in Doha. To be held under the main theme ‘A ......read more

Ooredoo Partners with Lenovo to Investigate Upgrading Business Offerings with New Innovative 5G and ...…

Lenovo to support Ooredoo with 5G solutions for new use cases across Smart Cities, Public Safety, Scientific Research, High Performance Computing, and Data Sovereign Hybrid Cloud May 16, 2023 - Doha, Qatar:  Ooredoo, the leading ICT enabler in Qatar, announced today the signing of a Memorandum of Understanding (MoU) with Lenovo, a global technology leader. The MoU paves the way for the ......read more

Ooredoo Group Appoints New Palestine CEO…

Doha, Qatar, 15 May 2023: Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker ORDS – has announced the appointment of Dr. Samer Fares as the new Chief Executive Officer of Ooredoo Palestine, effective 15 May 2023, succeeding Dr. Durgham Maraee.    Dr. Samer moves to Ooredoo Palestine from his most recent role as Chief Legal and Regulatory Officer at Ooredoo Algeria, bringing ......read more

Dukhan Bank Wins Four Accolades at the MENA Banking Excellence Award 2023…

 - Best Private Bank – Qatar - Best Multi-Channel Offering - Excellence in Omni-Channel Integration - MENA Private Banker of the Year – Chaouki Daher Doha, Qatar - 15 May, 2023: In recognition of its excellence in private banking services and innovative digital banking solutions, Middle East Economic Digest (MEED) has honoured Dukhan Bank with four distinguished awards ......read more

Dukhan Bank Unveils Eco-friendly Vehicle Finance Offer with 1% Less Profit Rate than Regular Car ...…

• Profit rate 1% less than regular car finance profit rate  • Complimentary credit card for the first year • Three month grace period    Doha, Qatar – 15 May 2023: Dukhan Bank has introduced its first eco-friendly vehicle finance offer with a competitive profit rate for new and existing customers who are ready to make their next vehicle purchase an ......read more

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

Doha, Qatar – 14 May 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 Maryam Al-Hetmi and Bouthaina Al-Obaidli each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was ......read more

Dukhan Bank Offers New Customers 10% Cashback on their First Salary Transfer…

Doha, Qatar – 9 May 2023: Dukhan Bank has launched a 10% Cashback campaign to attract new customers to transfer their salary to the bank. During the campaign, customers who transfer a salary of at least QAR 10,000 into a Dukhan Bank current account will receive a Cashback of 10% on their first monthly salary credit. The cashback can be up to a maximum reward of QAR 10,000, which will be ......read more

QInvest Successfully Closes Qatar's First Book Building Exercise for MEEZA's IPO…

Sunday 07th of May, Doha, Qatar:  QInvest LLC, in its capacity as Listing Advisor and Offering Manager, has announced the successful closing of the first ever book building subscription in Qatar, for the initial public offering of MEEZA QSTP LLC on the Qatar Stock Exchange Main Market.  The book building period successfully concluded on 6 March 2023, in line with previous ......read more

QIC Group Reports Robust Net Profit of QAR 175 million in Q1…

Doha, Sunday 7 May 2023: Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, reported today a net profit of QAR 175 million for the first quarter of 2023. The Group’s tactical shift to discontinue its business of international operations led to impressive performance results this year, marking a ......read more

Dukhan Bank Announces its Financial Results for the First Quarter of 2023…

• The Bank’s net income grew to QAR 414 million with 5.6% growth DOHA, QATAR – 04 MAY 2022: Dukhan Bank has announced its financial results for the first quarter of 2023 with total net income amounting to QAR 414 million, recording a 5.6% growth compared to the first quarter of 2022. Dukhan Bank total income increased by 33.8% to QAR 1.4 billion, compared to QAR 1.1 ......read more

Dukhan Bank named ‘World's Best Islamic Private Bank' in Global Finance Awards 2023, for the Second ...…

Doha, Qatar – 01 May 2023:  Dukhan Bank has achieved another worldwide recognition for the outstanding quality of its Private Banking service by winning the World’s Best Islamic Private Bank award at Global Finance World’s Best Islamic Financial Institutions Awards for 2023 for the second year in a row. This significant achievement follows Bank’s successful ......read more

Dukhan Bank's AGM approves 16% Cash Dividend for Shareholders…

•   The Bank’s achieved a significant milestone by listing its shares on the Qatar Stock Exchange and transforming into a Qatari public shareholding company  •   Robust year-on-year total income growth of 10%, at QAR 4.5 billion in 2022;  •   Annual net profit grew by 5% to QAR 1.25 billion in 2022; •   Total ......read more

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

Doha, Qatar - 10, April 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 Malha Al-Hababi and Albandari Almana have each won a cash prize of 50,000 Qatari Riyals, as well as Abdelaziz Soltan and ......read more

Lesha Bank Sponsors a Prestigious Iftar Event Organized by the Turkish Embassy in Qatar…

Lesha Bank was pleased to sponsor a prestigious Iftar event on April 4th, organized by the Turkish Embassy in Qatar.   Held at the residence of the Turkish Ambassador, the gathering was graced by the presence of His Excellency Ambassador Dr. Mustafa Goksu; and was attended by former Deputy Prime Minister and Minister of Finance of Turkey, His Excellency Mr. Mehmet ......read more

Qatar is well prepared for the Global Economic Slowdown: Curia Business Group…

The panel discussion highlighted how Qatar is well equipped to navigate the global economic downturn and advised businesses and business owners on how they continue to thrive in these conditions  Doha, 4 April 2023 - Curia Business Group recently hosted an insightful panel discussion titled ‘Thriving in a Global Downturn’. Attendees had the opportunity to hear from ......read more

QIC Offers New Customers 3 Months of Comprehensive Car Insurance for Free…

Motorists switching to QIC can benefit from the special offer when their current insurance expires The offer lasts until 30 April and guarantees 12 months of full insurance coverage for the price of just 9 months Doha, Qatar – 26 March 2023: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region and the best digital insurance company in Qatar, announced ......read more

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

Doha, Qatar – 20, March 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 Safiya Al-Zeyara and Leena Kordia each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was ......read more

QIC holds its General and Extraordinary General Assembly Meetings…

Doha, 20th March 2023 - QIC Group, the leading insurer in Qatar and the MENA region, held yesterday, Sunday, 19th March, the General and Extraordinary General Assembly Meetings at its headquarters in Al-Dafna.  The meetings were chaired by Sheikh Hamad bin Faisal bin Thani Al Thani – Member of the Board of Directors – and were attended by members of the executive management, ......read more

Alford Hughes Hosted an Event with Sanjay Hinduja of the Hinduja Group to Introduce The OWO ...…

Doha, Qatar - Alford Hughes owners, Mohammed Akbar Al Baker and Hussain Akbar Al Baker, recently hosted a grand event in partnership with Sanjay Hinduja of the Hinduja Group to introduce The OWO Residences by Raffles in London. The event was held at Raffles Doha, and was attended by distinguished guests, including H.E. Akbar Al Baker and H.E. Jonathan Wilks, British Ambassador to ......read more

Qatar Insurance Group honored at the Samla Race 2023 award Ceremony…

Doha, 09th March 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA Region was honored for its role as an official sponsor of the fifth edition of the Samla race during the 2023 Samla awards ceremony that was held last Tuesday honoring the champions, sponsors and the entities that contributed to the success of annual national endurance competition. The sponsorship comes ......read more

Qatar Insurance Company Introduces The Fastest Online Solution to Get Mandatory Visitors' Insurance ...…

International visitors can now get their mandatory insurance in less than 2 minutes Visitors with Hayya Card can get a long-term plan valid till January 2024 Doha, Qatar - 5 March 2023: Qatar Insurance Company (QIC), Qatar’s leading digital insurer, is pleased to officially introduce a fully-digital Mandatory Visitors’ Health Insurance solution, the fastest option to get such ......read more

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account'…

Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 1,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits.    The 20 lucky winners are:  • ADI ABDULRAHMAN ......read more

QIC Group is a Sponsor of the Samla Race…

Doha, 03rd February 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region is an official sponsor of the Samla race. The annual race, which is in its fifth edition, will take place this year on 2nd- 4th March. Aptly named ‘Samla’, a Qatari word that encompasses strength and perseverance in the face of hardships, the Samla race is held on difficult and ......read more

A Collection of the World's Most Exclusive Fine Dining Concepts Offer Guests an Immersive Culinary ...…

Thursday March 2, 2023: Alfardan Hospitality, a subsidiary of Alfardan Group, and its latest international lifestyle destination, in the heart of Porto Arabia, The St. Regis Marsa Arabia Island, The Pearl – Qatar, invited guests to experience an exquisite culinary journey with 7 of its new fine dining luxury concepts on Wednesday March 1st. More than 500 guests of prominent VIP figures, ......read more

QIC Group at the InsureTek International Conference & Golden Shield Excellence Awards 2023…

Doha, 02nd March 2023 - Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has been recognized as ‘Motor Insurer of The Year’ at the InsureTek Golden Shield Excellence Awards 2023 for the second consecutive year.  The InsureTek Golden Shield Excellence Awards is an annual awards program that recognizes and rewards leading insurers, reinsurers, and ......read more

Ooredoo Upgrades Customers' Worlds with Modernised Networks and Enhanced Connectivity, Cements New ...…

Telco leader to adopt tech giant’s industry-leading technologies and wireless solutions in MENA operating companies   Doha, Qatar:  Ooredoo Group has announced a key partnership with global technology giant Huawei to adopt its technologies and wireless solutions, including 5G, in some of its MENA operating companies.    Ooredoo’s new partnership with Huawei ......read more

Ooredoo Group Appoints New Oman CEO and Acting CEO for Ooredoo Algeria…

Doha, Qatar, 27 February 2023: Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker ORDS – has announced the appointment of Bassam Yousef Al Ibrahim as the new Chief Executive Officer of Ooredoo Oman, effective 1 March 2023, succeeding Noor Al-Sulaiti.    Bassam moves to Ooredoo Oman from his most recent role as Chief Executive Officer of Ooredoo Algeria, bringing to his new ......read more

QInvest Reports Significant Growth During 2022…

• 40% Year-on-Year increase in revenue  • 96% Year-on-Year rise in operating profit • Significant growth in net profit attributable to shareholders    Doha - 22 February 2023:  QInvest, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions globally, today announced its financial results for the fiscal year ......read more

Al Alfia Holding Acquires Stake in Seib Insurance and Reinsurance Company…

Move further strengthens leading insurer’s position in Qatari market   DOHA, Qatar – 22 February 2023:  Al Alfia Holding, the prominent Qatari-based investment group, has acquired a minority stake in Seib Insurance and Reinsurance Company LLC, a Qatari company and one of Qatar’s premium insurance providers. The acquisition of the stake is expected to play a ......read more

Dukhan Bank Successfully Listed on Qatar Stock Exchange…

DOHA, QATAR – FEBRUARY 2023: Dukhan Bank, the third largest Islamic bank in Qatar and the fastest growing bank in the country, successfully listed its shares on Qatar Stock Exchange's (QSE) main market today, February 21, 2023, in the presence of a number of high-level guests, Dukhan Bank top management, regulatory and supervisory authorities, investors and interested parties. This ......read more

QIC Group Reports Gross Written Premiums of QAR 9.8 Billion for the Year 2022…

Doha, 22 February 2023: Qatar Insurance Company (QIC Group, QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, announced its financial results for the year ended 31 December 2022. Following a meeting of the board of Directors on Tuesday 21st of February 2023, which was presided over by Mr. Khalifa Abdulla Turki Al Subaey, Chairman & Managing Director of QIC ......read more

Park Hyatt Doha Appoints New Director of Marketing and Director of Sales and Marketing to Join its ...…

Marketing and Communications Director Christelle Bou Chebel, and Sales and Marketing Director Yildiray Satiroglu bring with them a track record of international experience to usher in a new era of growth and expansion for the hotel. Doha, Qatar – 7 February 2023: Park Hyatt Doha, a luxury hospitality pioneer and sophisticated luxury retreat in the cultural heart Msheireb Downtown Doha, ......read more

Dukhan Bank Q.P.S.C. to List its shares through Direct Listing on the Main Market of the Qatar ...…

• Dukhan Bank QPSC is the third largest and fastest growing Islamic bank in Qatar with total assets of more than QAR 100 billion; • The Qatar Financial Markets Authority (QFMA) has approved direct listing of Share Capital of the Bank on the main market of the Qatar Stock Exchange; • The Bank’s Listing Document (“Prospectus”) is available on the website of ......read more

QIC Sponsors Katara International Horse Festival 2023…

Doha, 05th February 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region is once again the platinum sponsor of Katara’s International Arabian Horse Festival (KIAHF).  Held under the patronage of His Highness the Amir Sheikh Tamim bin Hamad Al Thani, the festival is organized by the Cultural Village Foundation (Katara) in co-operation with Qatar ......read more

LG Announces 2022 Financial Results…

Highest Full-Year Revenue in LG Electronics’ History with Continuous Growth Based on Strong Fundamentals DUBAI, January 30, 2023 — LG Electronics Inc. (LG) announced full-year 2022 consolidated revenue of KRW 83.5 trillion with operating profit of KRW 3.6 trillion.  In 2022, LG achieved its highest annual revenue ever – surpassing KRW 80 trillion for the first time in ......read more

QInvest Announcing Extending the Book Building Subscription Period until 9 February for the ...…

• Qualified Investors are engaged in discussions for orders, and have requested an extension of the subscription period. • Regulatory approval to extend has been received, Qualified Investors will use this extension to finalize internal approvals and submit their orders.   Doha, 30 January 2023   QInvest LLC, Qatar’s leading investment bank and one of the ......read more

Qatar Insurance Company Named “Insurer of The Year in Qatar” at The MENA IR Awards 2023…

This prestigious accolade comes in recognition of QIC’s exceptional performance at the levels of product digitization and customer service excellence Doha, 30th January 2023 - Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, was named “Insurer of The Year in Qatar” for the second consecutive year at The MENA IR Awards 2023. QIC’s ......read more

IN-Q Celebrates 10 Years of IDAM at the Museum of Islamic Art with Exclusive Chef's Table hosted by ...…

Qatar Museums, IN-Q Enterprises and Groupe Ducasse Paris celebrated 10 years of collaboration with an exclusive Chef’s Table evening with VIP guests as well as Doha’s top influencers and media who enjoyed an elaborate culinary presentation with Alain Ducasse Doha, 28 January 2023 -- IN-Q Enterprises (IN-Q), the commercial arm and a wholly owned subsidiary of Qatar Museums (QM), ......read more

Arab Bank Group Reports Net Profits of $544.3 million for 2022, 25% Cash Dividends…

Dubai, UAE, 28th January 2023: Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021. The Group’s performance was driven by robust growth in its core banking business across different markets, as net profit before provisions and tax increased by 23% to reach 1.35 billion US ......read more

Qatar Sports Investments agree to talks with Damm on Potential Positive Padel Collaborations and ...…

27 January 2023 – Qatar Sports Investments, the Qatari sovereign wealth fund for promoting sport and founder of Premier Padel, together with the International Padel Federation, the global governing body of padel, and the Professional Padel Association representing the leading men’s professional players of padel, has agreed to talks with Damm, the owner of Setpoint Events and organiser ......read more

Premier Padel Announces Ooredoo Qatar Major Premier Padel as 2023 Season Opener…

THE ‘MAJOR’ TOURNAMENT WILL BE THE FIRST EVENT OF 2023 AND WILL TAKE PLACE FROM 26TH FEBRUARY TO 5TH MARCH REST OF THE 2023 SEASON SCHEDULE TO BE ANNOUNCED SHORTLY DOHA, 26 JANUARY 2023 – Premier Padel will launch its eagerly anticipated 2023 season with the Ooredoo Qatar Major Premier Padel, which is formally announced today. The tournament will be the inaugural event of ......read more

SAP Announces Q4 and FY 2022 Results…

• All financial outlook metrics met in FY 2022 • Cloud revenue up 33% and up 24% at constant currencies in FY 2022. Q4 S/4HANA cloud revenue further accelerates, up 101% and up 90% at constant currencies • Current cloud backlog exceeds €12 billion, up 27% and up 24% at constant currencies • IFRS cloud gross profit up 38%, non-IFRS cloud gross profit up 37% and up ......read more

  • Page 3 of 6   300
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
Search PR 
Filter PR by


RSS QatarPRNetwork.com onFacebook QatarPRNetwork.com on Twitter QatarPRNetwork.com on LinkedDin QatarPRNetwork.com on Instagram
 
Top Stories
 
Top Sections