QatarPRNetwork.com, Online Press Release from Qatar and Doha City
Featured in Banking and Investments
QIC Introduces New Features on its Award-Winning Mobile App

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

Al Meera Enhances "Himyan" National Card with New Collaboration

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

Dukhan Bank Announces Winners of the 2024 Credit Card Spend Campaign

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

Qatar Insurance Group Celebrated at Samla Race 2024 Awards Ceremony

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

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

Doha, Qatar – xx December 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was won by Ameena Jesaimani, Megahed Attia, Mohammed Nassar, Faheem Sultana, Nasser Al-Azzawi, Imran Thuwan, Alhanouf Al-Emadi, Helen Kwan, Hamid Abdelkader, Maysoon Mahmood, Ranya Al-Ansari, Ahmad Al-Kuwari, Raafat Abdallah, Ali Uzun, Rashid Almohannadi, Modhi Najaah, Abdulla Al-Buainain, Firas Daffar, Belal Abdelkarim, Amna Ghazali, Noor Alkilani, Maricar Benitez, Shaikha Al-Baker, Jassim Al-Tamimi, ......read more

QIC Official Insurance Sponsor of QTM 2024

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

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

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

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

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

Qatari Company, Techno Q, Secures Tenders in Saudi Arabia

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

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

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

QIC Launches Its Blog Platform

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

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

Doha, Qatar – 12 November 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was won by Abdulhadi Al-Ahbabi, Amal Al-Kuwari, Mohd Alomer, Sultan Al-Kuwari, Fawzeya Al-Anssari, Saleh Al-Yafei, Ibrahim Alinabi, Wajdan Al-Sada, Salem Elaraby, Suddenly Babaran, Mohammed Shamiyeh, Rashed Al-Kuwari, Yasser Al-Mosallam, Ali Almohannadi, Jana Mohamed, Hamyan Alsulaiti, Hamad Al-Mohamedi, Raneem Alhalwani, Amina Alawadi, Naji Barhoumi, Fahad Al-Hajri, Mohieddine Khacherem, Hamad Al-Mutawaa, ......read more

QIC Group net profit increase 16% to QAR 525 million

Highlights in 9M 2024 Consolidated net profit for 9M 2024 increase by 16 % to QAR 525 million, compared with QAR 453 million for the previous year. Gross written premiums for 9M 2024 of QAR 7.2 billion. Domestic and MENA operations Gross Written Premiums rise by 43% in 9M 2024, to QAR 3.9 billion. Insurance service results increase by 62 %  t QAR 414 million in 9M 2024, compared to QAR 255 million for the same period in 2023. Doha, 30 October 2024 - Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported a net profit of QAR 525 million for the first nine months of 2024, compared to QAR 453 million over the same period in 2023. Following a meeting of the Board of Directors dated 29 October 2024, which was ......read more

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

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

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

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

QIC Named General Insurance Company of The Year 2024 in Qatar

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

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

Doha, Qatar – 05 October 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was Khalid Buhazzaa, Ahlam Alsanadi, Mohammed Al-Shaikh, Thany Al-Kaabi, Rashid Al-Nabet, Maryam Al-Haddad, Hana Houimel, Yousif Al-Jedaia, Zakiya Al-Essa, Mohamed Abohajieh, Sara Al-Nesairi, Hassan Shaikh, Jannette Serrano, Aisha Al-Mulla, Aslah Kandiyil, Haneen Abdulrahman, Muna Al-Maslamani, Ali Al-Khoori, Mezal Al-Enazi, Mohammed Al-Muhannadi, Layla Al-Emadi, Mohamed Abdelrahman, Sharifa ......read more

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

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

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

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

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

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

Qatar Insurance Group to Sponsor the 2024 Samla Race

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

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

11th September 2024 - MUFG EMEA and Doha Bank today announce the successful close of their first Green Repo scheme in the Middle East and North Africa (MENA) region. This transaction marks the first Green Repo scheme for both institutions that utilises green bonds as the underlying collateral. Green Repo schemes use the proceeds of green collateral, such as green bonds, to finance further green initiatives. In this case, cash proceeds generated from the repurchase of green bonds issued by the State of Qatar will be committed to the funding and purchase of green assets aligned to Doha Bank’s Sustainable Finance Framework.  Sheikh Abdulrahman bin Fahad Al-Thani, Group CEO Doha Bank, said: “We are very pleased to collaborate with MUFG to execute our first Green Repo transaction. Innovative products such as Green Repos are ......read more

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

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

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

Doha, Qatar – 1 September 2024: MEEZA QSTP-LLC (Public) –, Qatar’s leading managed IT services and data centres provider, has reached an agreement to deliver 1 megawatt capacity in its M-VAULT4 data centre to a global hyperscalers  . The project, with a total contract value exceeding 100 million QAR, extends over the remaining contract period ending in 2036. It aligns with the government’s recently announced “Digital Agenda 2030” strategic plans aimed at advancing digital transformation and AI technology in Qatar. The Ministry of Communications and Information Technology (MCIT) plays a pivotal role in facilitating this strategic partnership, ensuring that the nation's digital infrastructure aligns with the highest global standards. Through its leadership and support, the Ministry continues ......read more

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

Press Release – Doha, Qatar, 26th August 2024: Raffles Doha and Fairmont Doha proudly introduce Mirah Marhaendra as the new Cluster Director of Marketing Communications & Digital Strategy. An Indonesian native and esteemed leader in Marketing and Communications, Mirah brings extensive experience and unwavering dedication to excellence to this vital role. Mirah's expertise includes an in-depth knowledge of Food & Beverages, known for her creative approach to campaigns and extensive network across Southeast Asia. Mirah will lead marketing communications, digital strategies, social media presence, and strategic partnerships for both iconic brands. Her focus will be on enhancing the brand presence of both Raffles Doha and Fairmont Doha, developing strategic partnerships, and driving innovation in the digital space. Under ......read more

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

Highlights in H1 2024 Gross Written Premiums for H1 2024 of QAR 4.8 billion. Domestic and MENA operations Gross Written Premiums increased by 44% in H1 2024. Insurance service results of QAR 339 million in H1 2024, compared with QAR 236 million for the same period in 2023. Consolidated net profit for H1 2024 of 360 million, compared with QAR 325 million for the previous year. Doha, Thursday, 15th August 2024 Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East and North Africa (MENA) region, has reported a net profit of QAR 360 million for the first half of 2024, rising 11% from QAR 325 million over the same period in 2023. Following a meeting of the Board of Directors dated 14 August 2024, which was presided over by Sheikh Hamad bin Faisal bin Thani ......read more

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

Doha, Qatar – 10 August 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded Ghanim Al-Emadi, Waad Al-Naimi, Jenny Sevilla, Sebastian Joseph, Noof Al-Subaey, Alanod Alqahtani, Raed Mahmoud, Malek Al Ghezawi, Naeema Murtuza, Haya Al-Khaldi, Besan Muhammed, Ali Al-Malki, Bassel Daoud, Nasser Al-Tamimi, Jassim Al-Dehaimi, Ramadhan Albalushi, Omer Cheema, Rawia Abujrir, Khalil Alhajri, Mohammed Al-Emadi, Muhammad Radwan, Jassim Fakhroo, Ibrahim Alyafei, Saleh Al-Baker, ......read more

LG Releases Second-Quarter 2024 Financial Results

Company Sets New Records for Second Quarter Revenue and Operating Profit Through Balanced Qualitative Growth in Core and Future Businesses Dubai, July 26, 2024 — LG Electronics Inc. (LG) today announced second-quarter 2024 consolidated revenue of KRW 21.69 trillion and operating profit of KRW 1.20 trillion, reflecting an 8.5 percent year-over-year increase in revenue and a 61.2 percent surge in operating profit. These figures mark new records for the highest second-quarter revenue and operating profit in the company’s history. Key drivers of this performance include the home appliance and vehicle component sectors, both achieving their highest quarterly revenues to date. Sales from LG’s Home Appliance & Air Solution Company and Vehicle component Solutions Company combined reached KRW 11.53 trillion, up 8.2 ......read more

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

Doha – July 17, 2024: Students at Weill Cornell Medicine-Qatar (WCM-Q) have made a significant contribution to the field by publishing a study that delves into the effects of Ozempic-type drugs on the interconnected health challenges of obesity, diabetes, and cancer. Ozempic, the brand name of a drug called semaglutide, belongs to a class of medications called glucagon-like peptide-1 receptor (GLP-1R) agonists. These medications have recently become extremely well-known as treatments for managing obesity and diabetes by helping to control feelings of hunger, reduce food consumption, and promote weight loss. Beyond the effects on hunger, however, the underlying mechanisms of GLP-1R agonists are believed to have a multifaceted impact on cancer progression -- some studies show that some drugs in the class can limit cancer ......read more

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

Doha, Qatar – 16 July 2024: MEEZA QSTP-LLC (Public) – Qatar’s leading managed IT services and data centres provider, is pleased to announce a strategic cooperation agreement with AMD, a global leader in high-performance computing and graphics solutions. This collaboration will see MEEZA leverage AMD’s advanced accelerated computing platform to help enable the AI revolution in Qatar and the region. The agreement was signed by representatives from both MEEZA and AMD, setting the foundation for a cooperative relationship that will benefit both parties. This strategic collaboration focuses on enhancing mutual capabilities and providing access to AMD's high performance and adaptive computing technologies. “We are excited for the opportunity to partner with AMD to drive the AI revolution in Qatar and the ......read more

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

Mubadala Investment Company, Qatar Investment Authority and other co-investors to invest over $600 million to fund further growth Proceeds from the fundraise used to fund the acquisitions of NETS, CTL and TIP Canada; Underscores I Squared's ability to build and scale platforms Investment creates a North American champion for flexible last-mile transportation solutions and an industry leading full-service lessor with over 83,000 trailers Abu Dhabi, UAE - 15 July 2024: I Squared Capital, a leading independent global infrastructure investment manager, today announced that it has raised in excess of $600 million from Mubadala Investment Company ("Mubadala"), the Abu Dhabi sovereign investor, Qatar Investment Authority ("QIA") and others for Transportation Equipment Network ("TEN"). Trailers ......read more

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

The Board of Directors recommends 8% interim dividends Strong profitability driven by a persistent year-on-year growth in total income of 15% Group’s total assets reached QAR 114.2 billion Robust CAR of 17.8%, well above the minimum statutory limits The Board of Directors recommends an interim dividend of QR 0.08 per share (equivalent to 8% of nominal value of shares), subject to regulatory approvals Doha, Qatar – 15 July 2024: Dukhan Bank (“the Bank” or “the Group” when referred to along with its subsidiaries; QSE Ticker: DUBK) announced its financial results for the six-month period ended 30 June 2024, reporting a net profit of QAR 784 million, representing a 3% growth compared to the last year. Key Performance Highlights   Total ......read more

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

The title comes in recognition of qd Drive app and its contribution to taking the digital experience of motorists in Qatar to the next level The awards ceremony took place last week in Singapore, attended by perspectives of the continent’s top insurance companies Doha, Qatar - 16 July 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region,  received the “Mobile App of The Year in Qatar” accolade at the Insurance Asia Awards 2024, in recognition of QIC’s qd Drive mobile app and its significant contribution to taking the digital experience of motorists in Qatar to the next level. qd Drive is QIC’s newest mobile concept, designed to make  drivers’ lives easier and their experiences on the roads safer. The application is innovatively built to be a one-stop ......read more

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

- Leading Swiss cyber-security firm ZENDATA and partner Salam Technology to provide cyber-security unit for Qatar/Gulf - - Deal sees launch of entirely new product in the cyber-security space - - Major five-year contract to cover firms across industries from financial services to oil and gas - Doha, Qatar July 11 2024: Leading global cyber-security firm ZENDATA has partnered with Qatari technology conglomerate Salam Technology in a $35m, five-year deal aimed at providing state of the art services to companies in Qatar and across the Gulf. The deal empowers Salam Technology with the capabilities to service leading cyber companies with the most sophisticated cyber tools and skillsets, and is designed to both elevate the cyber maturity of the local ecosystem, and create new jobs for Qatari and Gulf nationals as the industry grows ......read more

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

Doha, Qatar – 06 July 2024 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry. As the draw results showed, a cash prize worth 5,000 Qatari Riyals was awarded Kaltam Al-Majid, Ayman Dervis, Safia Begum, Layla Al-Marafi, Reyad Al-Shamari, Marya Hassan, Latifa Alsulaiti, Hassan Malik, Nasser Alnaimi, Sheikha Shaikha Al-Thani, Ahmad Al-Kuwari, Mohammed Hammo, Ali Aljajeh, Abdulla Al-Fayhani, Haytham Aldahdoh, Mohamed Suliman, Mustafa Mahmoud, Khalid Al-Ansari, Ahmed Omer, Lolwa Al-Thani, Salah Al-Jefairi, Eslam Elwakil, Ahad Al-Mudahka, Waad Ali, ......read more

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

The bank's outstanding performance and commitment to delivering exceptional services have earned it a number of esteemed awards in the region. Doha, Qatar – 23 June 2024: Dukhan Bank, Qatar's premier banking institution, proudly attained six new titles following the conclusion of the MENA Banking Excellence Awards 2024.  In recognition of its outstanding contributions across various fronts, Dukhan Bank has garnered an impressive array of prestigious awards and accolades in fields such as: wealth management, retail banking, Islamic product offering, home financing, multi-channel offering, and customer excellence.  One of the distinctions secured by Dukhan Bank is the "MENA Wealth Manager of the Year" award, further solidifying its position in the industry. The esteemed award validates the bank's ......read more

Dukhan Bank Attains Prestigious International Security Certifications

Doha, Qatar – 19 June 2024: Dukhan Bank is delighted to announce the attainment of the Payment Card Industry Data Security Standard (PCI DSS) version 4.0 and ISO/IEC 27001 certifications. These certifications mark significant achievements in the Bank's commitment to ensuring the highest levels of data security and regulatory compliance, further establishing its role as a leader in the financial services industry. Dukhan Bank was awarded the PCI DSS version 4.0 certification by Network Intelligence Pvt. Ltd. This certification is pivotal for banks handling sensitive payment card information, affirming that Dukhan Bank adheres to the most stringent security measures in processing, storing, and transmitting debit and credit card data. Dukhan Bank is now one of the few banks in Qatar to achieve this compliance, demonstrating its ......read more

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

Other Top Stories from Banking and Investments
 
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

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

  • Page 4 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