QIC Group reports net profits of QAR 735 million for the year 2024 QIC Group reports 19% increase in net profits for the year 2024 Doha, 5 February 2025 - Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported net profits of QAR 735 million for the year 2024, a rise of 19% from QAR 615 million in the previous year. Following a meeting of the Board of Directors, which was presided over by Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, Chairman of QIC Group, the board approved the financial results. Commenting on QIC’s financial performance, Sheikh Hamad bin Faisal Al Thani, Chairman of QIC Group, stated: “The year 2024 marked the landmark 60th anniversary for QIC, and the Group is poised to enter its seventh ......read more

Qatar’s digital payments market is rapidly expanding, with the number of users projected to reach 2.87 million by 2028. February 03, 2025: BKN301 Group, a London-based Banking-as-a-Service technology provider dedicated to empowering the financial industry and operating in European and MENA markets, has designated its Qatar office as the company’s regional headquarters for the MENA region, in line with its ongoing development strategy. This move highlights BKN301’s commitment to driving digital transformation across the region and advancing the fintech sector through its innovative solutions. By leveraging its global expertise in digital banking solutions, the new head office in Qatar, which is now fully operational, will serve as a regional hub, offering advanced BaaS Orchestrator solutions and cutting-edge ......read more

Doha, Qatar – 26 January 2025: Dukhan Bank is pleased to announce Ms. Amal Nasser Al-Attiyah as the third winner of the QAR 1 million Thara’a grand prize. The winner was selected through a random electronic draw, conducted under the supervision and in the presence of a representative from the Ministry of Commerce and Industry’s Qualitative License and Market Control Department. The Thara’a Savings Account campaign has been a testament to Dukhan Bank’s commitment to rewarding its customers. The initiative included three grand prizes of QAR 1 million each, 30 monthly cash prizes of QAR 5,000, and a total of 273 prizes distributed to customers, amounting to an impressive QAR 4,350,000 in rewards. Commenting on her win, Amal Al Attiyah said: "I sincerely thank Dukhan Bank for this wonderful prize. It ......read more

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

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

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

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

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

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 (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

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

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

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

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

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

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

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

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’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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

- 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

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

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

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