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

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

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

Doha, Qatar – xx June 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded Lailaa Tavakoli, Fai Chan, Abdulla Al-Kubaisi, Kholoud Al-Sheeb, Naeema Alansari, Wisam Dalloul, Fatima Al-Obaidan, Abdulla Al-Thani, Amer Daffar, Mohamed Abdelalim, Hala Al-Motawa, Aisha Al-Hajri, Youssef Boussabah, Mansoor Yadegarfard, Amal Al-Lenjawi, Mezba Mazid, Fatima Alamri, Abdulhadi Al-Sahli, Mohammed Rahman, Turki Al-Subaey, Alaa Elrub, Wadha Al-Kuwari, Paul Adams, Moudhi ......read more

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

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

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

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

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

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

MEEZA Hosts Successful Roundtable on Cloud Computing and the Financial Sector

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

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

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

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

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

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

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

MEEZA Announces the Appointment of New CEO

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

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

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

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

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

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

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

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

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

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

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

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

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

GWC Posts QAR 50.88 million in Q1 Net Profits

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

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

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

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

Doha, Qatar – 03 April 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded to Albandari Almana, Alzaina Al-Naama, Jameel Khan, Suhaib Almabrouk, Mishal Shanny, , Samera Mohammed, Mohamed Ayari, Hassan Al-Obaidly, Masoumeh Alibazi, Aisha Al-Hamar, Nezar Alakari, Salma Basharaheel, Saeed Alkhelaifi, Madhuri Jalan, Alanoud Al-Moawda, Fatima Al-Ibrahim, Ali Sorour, Saqr Alkarbi, Nada Alhiday, Abdulaziz Mohamed, Abdulrahman Fakhroo, Khalifa Al Kaabi, Shaikha Al-Saai, ......read more

QIC Group Honors Staff at Long Service Award Ceremony

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

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

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

QIC Opens Edutainment Branch at KidzMondo Doha

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

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

Doha, Qatar – 09 March 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded to Belal Atout, Mohamed Yakub, Ameer Ashraf, Zineb Fakhri, Ahmed Abdulrahman, Sulaiman Albalushi, Abdulla Al-Kuwari, Maher Rouhou, Sara Almaraghi, Tayeb Al-Habshi, Mumthaj Aliahamed, Farhan Abdulla, Saif Al-Kuwari, Mohsin Banibasheer, Sara Alyafei, Amna Abdulla, Aysha Al-Jabir, Seham Kareeb, Mir Khan, Shimaa Al Qattan, Bilal Abdulla, Ian Fernandes, Hissa Alansari, Ayham Alrebdawi, Sree ......read more

QIC Group hold its General Assembly Meeting

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

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

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

Driving Qatar's economic diversification through investment

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

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

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

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

Doha, Qatar – xx February 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded to Bibibakhiyar Mahoudinowdaz, Ibrahim Al-Abdulla, Nabil Allahham, Sameer Khan, Najat Al-Muslemani, Amroo Haikal, Shaikh Munawaruddin, Aldana Al-Saad, Naseer Cheruvote, Salem Al-Qitairi, Abdulla Al-Marri, Latifeh Taha, Abdulla Al-Khulaifi, Rabie Khaldi, Maryam Alkhayareen, Mohamed Allabban, Fildy Iswara, Khalid Alobaidli, Adeeba Al-Sulaiti, Ali Alkhulaifi, Maryam Al-Hetmi, Abdulaziz ......read more

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

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

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

Navigating Technological Trends and Emerging Challenges in the Gulf Media Industry

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

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

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

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

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

Financial Results For The Year Ended 31 December 2023

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

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

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

QIC Opens a New Branch at Doha Festival City

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

Anoud Tech Wins Insurtech of the Year 2023 Award

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

Qatar Signs the Digital Cooperation Organization Charter

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

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

Doha, Qatar – 9 December 2023 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Nasser Al-Hajri and Mohammed Al-Mannai each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was awarded to Abdellatif Azzaoui, Latifa Al-Bahr, Mohammed Al-Abdulla, Faisal Al-Sada, Saad Al-Marri, Sayed Abdelaziz, Rey Balita, Maha Abuhujleh, Shaikh Munawaruddin, Aljawhara Al-Ali, Rana Alturani, Layla Aljaber, Maryam Al-Moslemani, Bashir Tambe, Mohammed Al-Malki, Medel Tan, Musab Ahmed, Omar Al-Hammadi, Siddique Mohammed, Noor Mohamed, Adeeba Al-Sulaiti, Noora Alabdulmalik, Rashid Al-Maslamani, Amira Braham, Muna Meghary, Mohamed Bayoumy, ......read more

QIC Launches “3 Months Free Insurance” Promotion

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

Other Top Stories from Banking and Investments
 
Constitutional General Assembly declares Conversion of the Bank to a Qatari Public Shareholding ...…

In order to get listed on Qatar Stock Exchange, Constitutional General Assembly declares conversion of Dukhan Bank to a Qatari Public Shareholding Company   • Constitutional General Assembly Meeting (CGAM) ratifies Dukhan Bank’s memorandum and articles of association  • CGAM appointed the Bank’s external auditor for the year 2023, approved their fees and ......read more

Dukhan Bank Announces the Grand Prize Winner (QAR 1 Million) of Thara'a Savings Account…

Doha, Qatar – January 24, 2023 – Dukhan Bank has announced Jassim Ali Al-Mejali 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 ......read more

Qatar Insurance Group is a Sponsor of the “Doha Marathon by Ooredoo 2023”…

Doha, 22nd January 2023 – Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region joined along other partners in sponsorship of the “Doha Marathon by Ooredoo 2023” which took place on Friday, January 20th.  This year, runners were able to choose from multiple running categories including 1km, 5km, 10km, 21km, 42km making it an event that welcomed ......read more

The Extraordinary General Assembly of Dukhan Bank (the “Bank”)…

Approves the Conversion of the Bank to a Qatari Public Shareholding Company and the Direct Listing of the Share Capital of the Bank on the primary market on the Qatar Stock Exchange    • The Extraordinary General Assembly (the “EGA”) of the Bank approved the conversion of the Bank to a Qatari Public Shareholding Company. • The EGA of the Bank approved the ......read more

QIC becomes the first Insurer in the MENA Region to become a Signatory of ‘Principles for ...…

Doha, 12th January 2023 - Qatar Insurance Company (QIC), the leading insurer in Qatar and MENA region, has signed the United Nations Environment Programme-Finance Initiative’s Principles for Sustainable Insurance (UNEP-FI PSI), making it the first insurer in the Middle East to sign the global agreement. Launched at the 2012 United Nations Conference on Sustainable Development, the ......read more

Qatar Insurance Group appoints new CEO of Kuwait Qatar Insurance Company…

Doha, Wednesday 03, January 2023 - Qatar Insurance Group announced the appointment of Mr. Abdallah Abdulatif Al-Ahmad as the new Chief Executive Officer (CEO) of its subsidiary Kuwait Qatar Insurance Company (KQIC). Mr. Abdallah brings 11 years of experience, having worked previously as Head of Facultative Acceptance for Property & Political Violence covering Middle East, Asia, ......read more

QIB Announces Winners of its “Spend & Win” Campaign to Attend the FIFA World Cup Qatar 2022™ Final ...…

Doha, Qatar – 12 December 2022: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced the names of the winners of its “Spend & Win” campaign who will be attending the FIFA World Cup Qatar 2022™ Final match to be held in Lusail stadium on 18th December 2022 thanks to Visa. In partnership with Visa, QIB launched its latest “Spend & ......read more

Mastercard Partners with My Book Qatar to provide Priceless Offers and Discounts to International ...…

Doha, Qatar; 12 December 2022 – Mastercard has partnered with My Book Qatar to provide cardholders from across the world access to hundreds of local offers and discounts as part of its Priceless program when they visit Qatar during November and December 2022. Through the collaboration, Mastercard’s international cardholders visiting Qatar will get complimentary access to hundreds ......read more

Mashreq Signs a Regional Sponsorship Agreement with The Argentine Football Association in Middle ...…

Doha, Qatar, 9th December 2022 – Mashreq, a leading financial institution in the region headquartered in Dubai, becomes the new Regional Sponsor of the Argentinean National football team. Becoming in this way first regional bank sponsor for the Argentine National Football Team in Middle East & Egypt The Argentine Football Association and Mashreq Bank have signed a Regional ......read more

EY: Qatar Executives Bullish on Future Economic Growth…

• Qatar Investment Outlook Pulse 2022 from EY shows strong sentiment from business leaders  • 82% expect the economic growth of the coming five years to meet or exceed forecasts • 60% of interviewed executives revealed positive yield returns in the past 12 months   Doha, Qatar – 30 November 2022: Executives in Qatar remain bullish about future prospects ......read more

Qatar Insurance Group Sponsors QFBA's “Kawader Malia” for Three Years…

Doha, Sunday 27 November 2022 - Qatar Insurance Group (QIC), the leading insurer in Qatar and MENA region signed on Thursday, 17th November 2022 a Memorandum of Understanding (MoU) with Qatar Finance and Business Academy (QFBA).  The agreement outlines QIC’s contribution towards supporting QFBA’s ‘Kawader Malia’ Program for three years; an initiative designed to ......read more

Ogilvy Celebrates a giant performance at this year's LIA's – Including awards for Global Network ...…

November 23, 2022 — With 115 statues in total, including 3 Grand, Ogilvy earned the highly sought-after title of LIA Global Network of the Year. Three of the network’s regions were also awarded as Regional Network of the Year: Asia, South America and Europe.  Across EMEA, Ogilvy won 51 statues across six markets, with DAVID Madrid taking home the Regional Agency of the Year ......read more

QIB Continues to Reward Misk Account Holders for the 6th Consecutive Year with More Cash Prizes…

QIB concludes the 5th edition of its Misk Account draw and announces the launch of a new edition with more prizes and opportunities to win  Doha, Qatar – 21 November 2022: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced that it is continuing its Misk Account draw for the 6th consecutive year, with the largest value of prizes in Qatar, offering Misk ......read more

QIB, in Partnership with Visa, Breaks its First Guinness World Records™ title for Largest Soccer ...…

QIB has broken a Guinness World Records™ title for the largest soccer ball mosaic (flag) at Doha Festival City’s newly opened Arena Doha, Qatar – 19 November 2022: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has set a new world record in building the largest soccer ball mosaic (flag), hosted at Doha Festival City’s newly opened Arena.  QIB ......read more

QIC Launches “Who'll Win?” Campaign…

Participants can win daily cash and in-kind prizes by simply guessing the results of football games Prizes include daily iPhone 14 pro devices, QAR 1,000 daily cash prizes, fuel vouchers and much more one lucky participant will win a trip to the Maldives for two people inclusive of hotel bookings and flight tickets Doha, Qatar – 20 November 2022: Qatar Insurance Company ......read more

Qatar Islamic Bank and Visa to Sponsor Doha Festival City Arena, home to the Football Festivities ...…

A special signing ceremony was held to announce the exclusive partnership agreement, commemorating the soon to open Arena at Doha Festival City Doha, Qatar – 15 November 2022: Doha Festival City, Qatar's one and only choice for shopping, dining, and entertainment announced today that it has signed a memorandum of understanding (MOU) with Qatar Islamic Bank (QIB), Qatar’s ......read more

Qatar Insurance Group Sponsors the 2023 Samla Race…

Doha, Tuesday 15th November 2022 – In a press held on Sunday, November 13th in Katara Cultural Village the details of the fifth edition of the major national sporting event and QIC Group’s - the leading insurer in Qatar dominant insurer, the GCC and MENA region - sponsorship of the Samla race was officially announced.   Hosted by members of Samla’s organizing ......read more

Hotpack Launches Own Manufacturing Plant in Qatar…

Hotpack Global launches its15th production facility worldwide for all its paper products   DUBAI - November 09, 2022: Hotpack Global, the UAE-based global leader in disposable food packaging products, has launched its own manufacturing plant in Qatar. The plant is the 15th Hotpack owned and operated factory worldwide and reflects the company’s global vision – to become a ......read more

Mastercard introduces Samsung Wallet in Qatar to elevate Cardholders' Purchasing Experience…

Doha, Qatar; 09 November 2022: Mastercard today announced that cardholders in Qatar can now use Samsung Wallet, a digital wallet solution that allows mobile payment services and more, to complete secure contactless payments at several online, on-site and in-store outlets around the world.  Erdem Çakar, Country Manager, Qatar and Kuwait, Mastercard, said: “We are delighted to ......read more

Lesha Bank Acquires Phase II of Company Headquarters in Ohio…

The new acquisition follows phase I of the Campus acquired in May 2021 as part of the Bank’s investment diversification strategy. Lesha Bank L.L.C (Public) (“Lesha Bank” or the “Bank”), announced the acquisition of phase II of a Company Headquarters (the “Campus”), situated in Columbus Ohio in the US. This comes following the successful acquisition of ......read more

MEEZA and Darktrace Partner to Help Customers Meet Advanced Cybersecurity Challenges…

DOHA, QATAR - November, 2022: MEEZA, Qatar’s prominent managed IT services and solutions provider, has partnered with Darktrace, a global leader in cybersecurity Artificial Intelligence (AI), to expand its cybersecurity portfolio in the domains of classic IT networks along with newly added Operational technology (OT) capabilities to secure information and operations ......read more

QIB Introduces Samsung Wallet to Customers…

QIB brings more mobile payment choices to its customers by introducing Samsung Wallet to tap and pay on the go using Samsung devices Doha, Qatar – 07 November 2022:  Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced today the launch of Samsung Wallet, a secure and easy-to-use mobile payment service for all QIB Debit, Credit and Prepaid cardholders owning ......read more

Chedid Re Kicks Off its Operation in France…

Taking services closer to its Qatari clientele across Europe 04, November 2022:  Chedid Re, a member of Chedid Capital Holding with a strong presence around the world and the region including Qatar, announced that its Paris office received a license to conduct insurance and reinsurance brokerage activities in France, extending the network of Chedid Re Global Operations. Farid Chedid, ......read more

LG Announces Third-Quarter 2022 Financial Results…

Strong Demand for Premium LG Home Appliances and Auto Parts Drives Highest Quarterly Revenue in Company History October 28, 2022 – LG Electronics Inc. (LG) announced third-quarter 2022 consolidated revenues of KRW 21.2 trillion, an increase of 14.1 percent from the same quarter last year and the highest quarterly revenue in the history of LG Electronics. Operating profit for the third ......read more

QIC Group Reports Robust Net Profit of QAR 571 million from continuing Operations for the first ...…

Doha, 27 October 2022 - Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North Africa (MENA) region, today announced a net profit of QAR 571 million from continuing operations for the first nine months of 2022. The Group’s gross written premiums amounted to QAR 7.8 billion, as QIC’s domestic and MENA operations continued to expand its gross written ......read more

Epicure Investment Management (EIM), A Wholly Owned Subsidiary Of QIC, Has Been Ranked As The ‘top ...…

Qatar Insurance Company (QIC) has been ranked by Asset Magazine as one of the top Investment Houses (Insurance Category) in Asian G3 bonds (issued by Asian issuers in USD, EUR and JPY) across Asia, Middle East & North Africa (MENA) regions for 2022.   Epicure Investment Management (EIM), a wholly owned subsidiary of QIC, has been ranked as the ‘Top Asset Manager’ ......read more

QIC Crowned "Best Online Insurance Company in The Middle East"…

At The Global Banking & Finance Review Awards 2022 The prestigious award reflects the company’s success in reshaping online insurance at both local and regional levels with the introduction of innovative market-first online insurance solutions Doha, Qatar - 9 October 2022: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has been crowned Best Online ......read more

QIC and QInvest LLC Announce the Establishment of Epicure Islamic Investment Management LLC…

Doha, Qatar: Tuesday-  4 October 2022 :   Qatar Insurance Company Q.S.P.C. (QIC), the market leader in Qatar and a dominant insurer in the GCC and MENA region, and QInvest LLC, Qatar’s leading investment bank, and one of the most prominent Islamic financial institutions globally, together are delighted to announce the successful establishment of Qatar-based national champion ......read more

QLM Life & Medical Insurance Company (Q.P.S.C.) Participates in Sidra's Annual Flagship Research ...…

Doha, Qatar, September 2022: QLM is pleased to announce its participation with Sidra Medicine in the annual Flagship Research Conference titled ‘Precision Medicine & Functional Genomics 2022’ (PMFG 2022), took place in September 23-26 in Doha, Qatar. The conference was a four-day in-person, on-site event and revolved around two major themes:  i) How cellular, organoid, ......read more

MEEZA and QDB Sign Partnership Agreement to Advance Qatar's Fintech Ecosystem…

DOHA, Qatar, 22 September, 2022: MEEZA, Qatar’s prominent end-to-end managed IT services and solutions provider and Qatar Development Bank (QDB) have signed a partnership agreement with the aim of contributing to the advancement of the FinTech industry in the State of Qatar.  Through the partnership, MEEZA and QDB, through Qatar FinTech Hub (QFTH) - a QDB incubator - intend to ......read more

Dukhan Bank Launches Special Edition of FIFA World Cup™ Visa Infinite Credit Card Featuring La'eeb, ...…

DOHA, QATAR – 21 September, 2022: As part of its efforts to reward its customers and enable them to celebrate the highly anticipated FIFA World Cup Qatar 2022TM in a unique way, Dukhan Bank has partnered with Visa to unveil the special edition FIFA World Cup 2022™ Visa Infinite credit card featuring La’eeb, the Official Mascot for FIFA World Cup 2022TM.  La’eeb is ......read more

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

Doha, Qatar – 11 September 2022 – 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 Sami Shaikh and Mohamed Zumrawi each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was ......read more

Once again QIC Group is the Official Insurance Sponsor of S'hail.…

Doha – Qatar , Tuesday – September 6, 2022: Qatar Insurance Group, the leading insurer in Qatar and the MENA region is the Official Insurance Sponsor of the 6th edition of S’hail 2022 – Katara International Hunting & Falcons Exhibition. S’hail is regarded as the largest international exhibitions that specializes in exhibiting Falcons and is dedicated to preserve ......read more

Qatar Tourism Launches Marketing Campaign Featuring David Beckham…

August 29, 2022:  Qatar Tourism has launched a new holiday campaign featuring David Beckham to support the country’s tourism goals and ambition to attract more than six million visitors a year by 2030. The campaign reveals Beckham’s action-packed adventure around the country over the course of 48 hours, showing how Qatar offers visitors everything from cultural hotspots to scenic ......read more

QIB Introduces Google Pay™ to Customers…

Doha, Qatar – 24, August 2022:  Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has introduced Google Pay to Debit, Credit and Prepaid Cardholders to start using their Android and WearOS devices to tap and pay on the go.  Google Pay is a digital wallet and payment platform from Google that enables customers to pay for transactions with their QIB cards using ......read more

Dukhan Bank brings Google PayTM to Customers…

Doha, Qatar - 23 August, 2022: In furtherance of its digitization strategy to enable customers to conduct transactions on the go, Dukhan Bank is launching Google PayTM, a faster, more secure way to pay on sites, in applications and in stores using the payment methods saved in their Google Account. Google Pay, a new addition to Dukhan Bank’s contactless payment platform (D-Pay), protects ......read more

MEEZA Continues Celebrating Multiple Achievements as Cisco Partner…

• MEEZA receives Cisco’s ‘Public Sector Partner of the Year’ award in Qatar • MEEZA maintains Cisco Gold Integrator Partner certification for 2022-2023 • MEEZA achieves its sixth Cisco specialization in ‘Customer Experience’    DOHA, Qatar: MEEZA, Qatar’s prominent Managed and Cloud IT services and solutions provider, has ......read more

Qatar Insurance Company Concludes Summer Internship Program…

Doha, Qatar:   Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, concluded its Summer Internship Program with an award ceremony held yesterday Monday August 22nd, 2022. The event provided an opportunity to acknowledge students from different schools and academic institutions who took part of this year’s program.    This year, QIC’s ......read more

14th Edition of CSS Qatar; Physical Conference on 7th September 2022…

QATAR, UAE - Aug 22, 2022 - (ACN Newswire) - After successful 13 editions of Cyber Security Summit, Exito (www.exito-e.com) is all set to host another milestone event - which serves as an ideal platform to enhance the experience on the latest insights on "Securing Qatar's Digital Future." The Summit will address the importance of the full potential of technology as a driver for ......read more

Al Meera Partners with Zippin to Open First Checkout-free Stores in Qatar…

DOHA, QATAR - AUGUST 20, 2022: Today Al Meera Consumer Goods Company announced a partnership with Zippin, a leading provider of checkout-free technology, to advance its expansion strategy to meet customers’ demands and provide unique services to all members of the community through innovative technology.  Al Meera will soon open fully autonomous stores in strategic locations to provide ......read more

Lenovo Group: First Quarter Results 2022/23…

Lenovo delivers ninth straight quarter of improved revenue and profitability and the largest market share in the Gulf at 27.6%    Dubai, August 18, 2022– Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced strong first quarter results for the Group, improving both revenue and profitability for the ninth consecutive quarter. First quarter net income grew 11% year-on-year to ......read more

QIC Named “Domestic General Insurer” & “Auto Insurance Initiative” of The Year in Qatar At ...…

QIC’s newest recognition reflects the company’s success in leading the change of general insurance in Qatar through introducing innovative products and services that best respond to the needs of customers over the past 12 months Doha, Qatar - 16 August 2022: Qatar Insurance Company (QIC), the largest insurance company in the MENA region, has received the “Domestic General ......read more

QIB Announces Third Misk Account Millionaire…

Mr. Ahmad Abdulla Al-Malki announced as third Millionaire winner in this latest edition of Misk Account Draw Doha, Qatar – 15, August 2022: Qatar Islamic Bank (QIB) is pleased to announce the third millionaire winner of its highly anticipated Misk Account draw.  The draw was held in the presence of official representatives from the Ministry of Commerce and Industry as well ......read more

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

Doha, Qatar – 13, August 2022 – 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 Adel Bazuhair and Ali Al-Malki each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was ......read more

HPE Appoints Savio Ibrahim to Lead the Company's Operations in Qatar…

Doha, Qatar - August 09, 2022:  Hewlett Packard Enterprise (HPE) has announced that Savio Ibrahim has been appointed as Country Manager for Qatar.   Savio is responsible for delivering unique, open and intelligent technology solutions as a service, with offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage. He is ......read more

Baladna Signs Shareholder Agreement to Establish an Integrated Dairy Farming Business in Malaysia…

Joint venture with FGV Holdings Berhad and Touch Group Doha, Qatar, 06 August 2022: Baladna has entered into a conditional shareholders’ agreement (Conditional SHA) with Malaysian companies FGV Holdings Berhad (FGV) and Touch Group Holdings Sdn Bhd (TGH), to develop an integrated dairy farming business in Malaysia. Expected to be commercially operational by 2025, the project will ......read more

QIC Group Net Profit Rises to QAR 401 Million in H1 2022…

Doha, 08 August 2022: Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, registered a strong net profit of QAR 401 million for the first half (H1) of this year ending 30 June 2022. The Group’s robust results was driven by the solid performance of its domestic and MENA operations, strong technical results across QIC’s franchise ......read more

QIC Group Hosts Long Service Awards…

Doha – Qatar:  Qatar Insurance Group, the leading insurer in Qatar and the MENA region, celebrated its long-serving employees at an awards ceremony held earlier this week.  Colleagues with 5, 10, 15 and 20 years of service were presented with certificates and trophies of appreciation at QIC Group’s headquarters in West Bay.  The ceremony was attended by several of ......read more

Qatar Post Launches COVID-19 Stamps to Honor those that Served the Community during the Global ...…

Doha, Qatar – 03, August 2022: The Qatar Postal Services Company - Qatar Post has issued a set of special-edition COVID-19 postage stamps in honor of all frontline workers, such as medical and health care staff, police and military personnel, and postal workers, who provided their essential services to the community members during the global pandemic (COVID-19) crisis.  This ......read more

Snoonu and Qatar Stars League (QSL) Announced the Renewal of their Agreement Ahead of the 2022-2023 ...…

Doha, Qatar - 26th of July: Qatar’s leading tech startup, Snoonu, renewed their partnership with Qatar Stars League on the sidelines of the 2022-2023 Season Launch ceremony on Tuesday, 26th July 2022, at the City Center Rotana Hotel, Doha.   Mr. Hamad Al Hajri, Founder and CEO of Snoonu, said, “We’re delighted to renew our sponsorship agreement with Qatar Stars League ......read more

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