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

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

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

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

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

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

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

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

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

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

MEEZA Hosts Successful Roundtable on Cloud Computing and the Financial Sector

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

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

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

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

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

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

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

MEEZA Announces the Appointment of New CEO

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

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

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

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

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

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

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

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

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

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

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

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

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

GWC Posts QAR 50.88 million in Q1 Net Profits

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

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

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

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

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

QIC Group Honors Staff at Long Service Award Ceremony

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

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

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

QIC Opens Edutainment Branch at KidzMondo Doha

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

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

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

QIC Group hold its General Assembly Meeting

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

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

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

Driving Qatar's economic diversification through investment

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

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

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

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

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

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

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

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

Navigating Technological Trends and Emerging Challenges in the Gulf Media Industry

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

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

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

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

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

Financial Results For The Year Ended 31 December 2023

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

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

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

QIC Opens a New Branch at Doha Festival City

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

Anoud Tech Wins Insurtech of the Year 2023 Award

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

Qatar Signs the Digital Cooperation Organization Charter

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

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

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

QIC Launches “3 Months Free Insurance” Promotion

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

Other Top Stories from Banking and Investments
 
QR 114.8 million, GWC H1 2022 Net Profit…

Doha – Qatar: Gulf Warehousing Company QPSC (GWC), Qatar’s leading logistics and supply chain solutions provider, reported Net Profits of QR 114.8 million, during the six-month period ending on 30 June 2022. The company also achieved Total Revenues of QR 719 million for the same period, while Earnings Per Share stood at 0.20 Qatari Riyal for the 6 months period ending on 30 June ......read more

Qatar's Corrupted Officials will Initiate their Plan of Terror Soon…

For years now, Qatar’s corrupted officials have manifested a program that is designed to bring chaos to the world, such program that is infused with extremism, terrorism, and trepidation.     To control the world through creation of fear in the hearts of citizens around the world, such terror that is designed to entangle every citizen of the world to submit to their ......read more

First Finance Unveils Home Finance Campaign with QAR 200,000 Cash Reward…

Doha, Qatar – 25, July 2022: First Finance Company, has announced the launch of its latest home finance campaign, which will run until October 30, 2022. With the new campaign, First Finance Company new and existing customers will receive a QAR 200,000 cash reward when they apply for home financing worth QAR 2 million and above.   This campaign aims to provide a unique ......read more

The Business Year Gears up to Launch its 8th Annual Publication on Qatar, with a Special Focus on ...…

Standfirst: The Business Year is set to launch its eighth annual publication on the Qatari economy, The Business Year: Qatar 2022, World Cup Special Edition Doha, July 21, 2022—The Business Year (TBY), a global media group that has been providing investors, businesses, and governments with first-hand insights into the world’s most dynamic markets for over a decade, has been present ......read more

FIFA World Cup is Set to Boost Qatar's Economy…

With Qatar’s economy booming, PRO Partner Group can assist in setting up your business 18 July 2022, Dubai -  Qatar’s successful bid to host the FIFA World Cup has accelerated development in critical sectors of the economy, including travel and tourism, hospitality and infrastructure. Most predictions estimate that over one million visitors will arrive in Qatar for the ......read more

Dukhan Bank Releases Financial Statements for the First Half of 2022…

• Dukhan Bank records 27% increase in the net profit   Doha-Qatar, 18 July 2022 - Dukhan Bank has announced its financial results for the first half of 2022 recording a net profit of QAR 745 million, representing a 27% increase compared to the first half of 2021 net profit of QAR 586 million.   The total income for the six months period ending 30 June 2022 ......read more

LG Releases Preliminary Earnings for Second-Quarter 2022…

July 15, 2022 — LG Electronics Inc. (LG) announced its preliminary earnings results for the second quarter of 2022. LG reported revenues of KRW 19.5 trillion in the second quarter of 2022, 15 percent higher than the same quarter the previous year. Operating profit for the second quarter was KRW 791.7 billion, expected to be 12 percent lower than the same quarter of the previous ......read more

MEEZA Continues Celebrating Multiple Achievements as Cisco Partner…

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

Snoonu Launches No Riders Under the Sun 2.0…

Doha, Qatar, July 01, 2022 - Snoonu is glad to announce the relaunch of its initiative called “No Riders Under the sun”  Through this initiative, Snoonu pursues, for the second consecutive year, its measures to protect the working conditions of delivery riders as temperatures continue to spike in the country.  Initially launched in June 2021 and now a flagship in ......read more

Qatar brings Global Photography App, ‘Explorest,' to the Middle East…

• Visitors can now discover more than 75 locations in Qatar • App’s Qatar Location Insights unlocked for the first 12 months   Following the successful launch of Explorest in some of the world’s most photographed cities including Los Angeles, New York, London, Paris, Singapore, Hong Kong and Shanghai, Qatar Tourism has partnered with Explorest to debut in the ......read more

Dukhan Bank Receives 9 Accolades at MEED's Excellence Banking Awards 2022.…

- Best Private Bank in Qatar - MENA Private Banker of the year - MENA Digital Bank of the year - MENA Most Innovative Bank of the year Doha, June 29, 2022: Middle East Economic Digest (MEED) crowned Dukhan Bank’s distinguished efforts in providing private banking services and its leadership in enriching the digital banking experience for its customers with innovative solutions ......read more

Qatar Banks could be ‘Trail-Blazers' for World-Leading Payments System…

Banks in Qatar could act as trail-blazers for a world-leading, fraud-inhibiting, super-fast global payments system fit for the next century, if they seize the opportunity being offered by a UK-headquartered fintech business.  DigiDoe launched operations in Doha this week and is targeting banks in the Middle East as part of its plan to revolutionise the world’s out-dated payments ......read more

Elon Musk Speaks on Tesla Supply Chain and Twitter Aspirations at ‘Qatar Economic Forum, Powered by ...…

Elon Musk, leader of SpaceX, Tesla, Neuralink and The Boring Company, sat down with John Micklethwait, Editor-in-Chief at Bloomberg, at the second ‘Qatar Economic Forum, Powered by Bloomberg’, which opened yesterday under the high patronage of His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar.   As part of session one of the Forum on ‘Equalizing ......read more

Snoonu Launched Chill Spots to Ensure Riders' Health and Safety during the Summer…

“Chill Spots” around Doha enable all delivery bike drivers to rest and cool down between deliveries  Doha, Qatar - 19 June 2022:  Qatar's leading tech start-up, Snoonu, launched Snoonu-branded “Chill Spots” for bike riders to rest and rehydrate in areas covering all Doha as part of its commitment to staff welfare and ensuring the bikers’ comfort ......read more

Hussain Sajwani Gears up for Qatar Economic Forum 2022…

• Qatar Economic Forum to gather heads of state, global CEOs, leading global investors, influential voices from the worlds of culture, sports, and entertainment  • DAMAC Founder and Chairman Hussain Sajwani to speak at the Forum on where the smart money in the real estate is going    Qatar / UAE  -16 June 2022:   Equalising the global economic ......read more

Ogilvy Promotes Elaine Grell to Chief People Officer across EMEA…

June 14, 2022 – Ogilvy has promoted renowned People leader Elaine Grell to the position of Chief People Officer across EMEA. While now responsible for the EMEA region,  Elaine will continue to work closely with Fiona Gordon, CEO Ogilvy UK, to strategically drive the UK People agenda. Elaine will lead the agency network’s People teams and drive its "people first" ......read more

Dukhan Bank First in Qatar to join Mastercard's Global Digital First Card Program…

Next-Generation card continues Bank’s digital transformation Safe, convenient, and accepted wherever customers shop  Get a new digital card in minutes and pay in seconds Doha, Qatar – 09 June 2022: Dukhan Bank has become the first partner in Qatar to join Mastercard’s global Digital First Card program. Through the program, Dukhan Bank is now issuing digital ......read more

‘‘Qatar Economic Forum, Powered by Bloomberg' to Focus on efforts on Equalizing Global Economic ...…

Under the high patronage of His Highness the Amir Sheikh Tamim bin Hamad Al-Thani, The Amir of the State of Qatar Doha, 8 June 2022: Under the high patronage of His Highness the Amir Sheikh Tamim bin Hamad Al-Thani, the Amir of the State of Qatar, the second “Qatar Economic Forum, Powered by Bloomberg” will take place from June 20-22, 2022, in Doha, convening heads of state and ......read more

Red Hat Roundtable Spotlights Qatar's Digital Transformation Journey…

Doha, Qatar, June 7, 2022: Qatar has accelerated its digital transformation journey through continued investment in the latest technology, as highlighted in an exclusive media roundtable hosted by Red Hat, the world's leading provider of open source solutions. The session titled “Open Source: The Digital Transformation Journey” took place on June 7, 2022 at the Ritz Carlton in ......read more

50 Selected Teams Compete Today in QIC Group's “InsurHack MENA” Hackathon…

137 applications were received from 33 Countries Doha – Qatar, 6th June 2022:  InsurHack MENA, the first InsurTech Hackathon in the region, organized by Qatar Insurance Group (QIC Group), together with Deloitte, Google Cloud and QIC Digital Venture Partner (QIC DVP), the venture builder arm of QIC Group has gathered 137 participants from 33 countries in its one-month application ......read more

Dukhan Bank Starts App-Based Direct Remittance Service to India…

Doha, Qatar – 02 June 2022: Dukhan Bank has launched its direct remittance service to India as part of its new bouquet of digital services. Customers of the bank will now be able to send remittances directly to India from Dukhan Bank’s app safely and securely within 60 seconds. This direct remittance service to India is launched within Dukhan Bank’s D-remit platform and will ......read more

Snoonu Acquires Major Omani Food Delivery Platform…

Doha, Qatar - 30, May 2022: Qatar's leading tech start-up, Snoonu, announced earlier today its acquisition of Akeed, a leading Omani food delivery platform with a network of more than 1000 restaurants and grocery stores.  This milestone is considered the first ever achieved by a local tech start-up in Qatar. It serves as a step propelling the rising company forward and bringing ......read more

QIC Launches the First and Fastest All-Inclusive Online Portal to Get Insurance in Qatar…

qic.online allows customers to buy or renew their car, motorcycle, travel, home contents, boat & yacht, and personal accident insurance policies in just 2 minutes The new portal offers instant covers comparison and product recommendation to help customers better identify the right insurance plans that suit their needs Doha, Qatar - Sunday 29th May 2022: Qatar Insurance Company (QIC), the ......read more

Dukhan Bank launches Qatar's First-of-its-kind Feature for Private Banking Customers…

Doha, Qatar – 26 May 2022: Dukhan Bank has unveiled a new digital feature for private banking customers, which is the first of its kind among Qatari banks. Dukhan Bank Investment Tracking is an exceptional self-service feature to assist customers to view their investment portfolios at ease and comfort, at the same time providing real-time reporting and analysis on portfolio ......read more

Aura Group Wins Six Awards at Fact Dining Awards 2022…

Aura Hospitality the restaurant sector of Aura Group scoops the 'Best Turkish Restaurant', 'Best Middle Eastern Restaurant', 'Best Burger Joint', Favourite Mediterranean Restaurant', Favourite Lebanese Restaurant' and Favourite Family Friendly Restaurant' awards DOHA, QATAR: MAY 24, 2022: Aura Group, one of the largest companies in hospitality and food ......read more

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

Doha, Qatar – 15 May 2022 – Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Khalifa Alhussaini and Aljazi Al- Adbah each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals was ......read more

Milipol Qatar 2022 Seminar Program To Focus on major event security management & cybersecurity ...…

Doha, Qatar – May 12 2022: The 14th edition of Milipol Qatar 2022, the Middle East’s leading international event for homeland security and civil defence, which will be held from 24-26 May at Doha Exhibition and Convention Centre (DECC), will feature a two-day seminar program centered on major event security management and solutions to combat increasing cybersecurity risks. The ......read more

Ogilvy EMEA Chairman Paul O'Donnell Announces Retirement, Ending Distinguished Four-Decade Career ...…

NEW YORK- MAY 5, 2022:  Ogilvy today announced that Paul O’Donnell, Chairman of Ogilvy EMEA, will be retiring after 37 years with the agency. Throughout his tenure, O’Donnell has held a range of leadership positions spanning clients, geographies, and businesses. “It has been an honour to have worked with thousands of Ogilvy colleagues and clients across the globe ......read more

The Euromoney Qatar Conference Returns…

Co-hosted with Qatar Central Bank, the ninth Euromoney Qatar Conference returns on Sunday 29 May to Doha. The Euromoney Conference will focus on the latest developments around Qatar’s strategy and finance in the new global landscape. As the eyes of the world turn to Qatar for World Cup 2022, they will see a country that has emerged from the pandemic in strong economic shape and with an ......read more

LG Announces First-Quarter 2022 Financial Results…

Highest Quarterly Revenue in Company’s History Reflect Strong Demand for Premium LG Home Appliances and Auto Parts Dubai, April 29, 2022 — LG Electronics Inc. (LG) today announced first-quarter 2022 consolidated sales of KRW 21.11 trillion (USD 17.53 billion) – the highest quarterly revenue in company history. Operating profit of KRW 1.88 trillion (USD 1.56 billion) was ......read more

QIC Group Reports Robust Net Profit of QAR 230 Million in Q1 2022…

Doha, Wednesday 27 April 2022: Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, announced its financial results for the first quarter of 2022. Following a meeting of the board of Directors on Tuesday 26th of April 2022, which was presided over by Mr. Khalifa Abdulla Turki Al Subaey, Chairman & Managing Director oF QIC Group, the ......read more

Time For Change! Successful Roll out of QIC's Latest Brand Campaign…

 Inspiring Positive Change Within The Community During Ramadan Giving voice to all community members to share their change stories, inspirations, and simple thoughts towards change Doha, Qatar – Tuesday 26 April 2022: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has launched a successful full-out brand awareness campaign labeled ‘Time ......read more

QIC Launches Digital Venture Partners…

Reshaping the digital insurance landscape in the MENA region  QIC Insurance Group, the leading insurer in Qatar and the MENA region, announced as part of its digital strategy, the creation of Digital Venture Partners (QIC DVP) - a business unit bound to become the ecosystem orchestrator for insurance and insurtech in the MENA region.  QIC DVP aims to reshape the digital ......read more

Snoonu Collaborates with Dukhan Bank to Distribute Garangao Boxes to Customers…

Over 3000 Snoonu and Snoomart cobranded boxes were distributed by Snoonu drivers to mark the joyous occasion of Garangao 23 April 2022 – Doha, Qatar:  Qatar’s leading tech start-up Snoonu is pleased to announce its collaboration with Dukhan Bank where over 3000 Snoonu and Snoomart cobranded Garangao boxes were distributed to Snoonu customers on Garangao day by Snoonu ......read more

Qatar Insurance Group to Sponsor the 2023 Samla Race…

Qatar Insurance Group - the leading insurer in Qatar and the MENA region - announced its sponsorship of the Samla race in its fifth edition in 2023.  In view of the Group’s role in promoting the culture of sports in Qatar, the sponsorship of the Samla race was officially announced on Sunday during the signing of the sponsorship agreement at QIC Group’s headquarters in West ......read more

MEEZA Wins Cloud Solution of the Year Award at Qatar Digital Business Awards…

• Second QDBA award for Qatar’s leading Managed IT Services & Solutions Provider   Doha, Qatar - 16, April 2022:  In a move that reinforces MEEZA’s reputation as Qatar’s leading Managed IT Services & Solutions Provider, MEEZA has won the award for ‘Cloud Solution of the Year’ at the Qatar Digital Business Awards ......read more

Dukhan Bank's AQM Approves 14% Cash Dividend for Shareholders…

Accelerated digital transformation and steady performance accompanied by positive financial results     • Rapid progress of digital transformation among prominent achievements of 2021 • A strong performance in total assets reaching QR 110.7 billion, driven by strong growth in the finance portfolio that exceeded QR 75 billion • Customer deposits reach QR 77 ......read more

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

Doha, Qatar - 11, April 2022 – 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 Ahmad Al-Mohannadi and Loloh Mohammadi have each won a cash prize of 50,000 Qatari Riyals, as well as Assad Salem and Rim ......read more

Dukhan Bank Launches D-Tap, A New Payment Solution for Merchants…

Doha, Qatar:  Dukhan Bank, Qatar's leading banking player, announced the launch of D-Tap (SoftPOS with PIN acceptance), the new smart payment  solution for Merchants. This low-cost, maintenance-free solution allows merchants to accept payments through a variety of contactless-enabled cards and devices as part of Dukhan Bank’s ongoing efforts to enhance its flexible ......read more

MEEZA Announces Gold Sponsorship of Smart City Expo Doha 2022…

MEEZA's leading experts share insights on the needs of the modern day ever-evolving smart cities Doha, Qatar, March 29, 2022: MEEZA, Qatar’s prominent end-to-end managed IT services and solutions provider, has announced it is a Gold Sponsor of the Smart City Expo Doha 2022, held today and tomorrow at Msheireb Downtown Doha. Smart City Expo Doha 2022 is a global platform ......read more

QLM Life & Medical Insurance Company (Q.P.S.C.) Holds a Blood Donation Drive…

QLM Life & Medical Insurance Company - the leading medical and life insurer in Qatar, recently held a blood donation campaign at QLM Main office in the West Bay. The campaign was organized in collaboration with Hamad Medical Corporation (HMC) - Blood Donation Unit. HMC mobilized its blood donation vehicle along with its medical unit to assist in the successful completion of the blood donation ......read more

Dukhan Bank Announces Financial Results for the Year Ended 31 December 2021 A Net Profit Of QAR ...…

Doha-Qatar, 21 March 2022: Dukhan Bank has released its financial results for the year ended 31 December 2021, recording a net profit of QAR 1,193 million. The bank’s robust financial performance during the year has resulted in its total assets to increase to QAR 110.7 billion, representing a significant growth of more than 28% as compared to last year driven by growth under the ......read more

KVG Partners with Al Rayes Group for Kenaf Plantation Expansion…

KVG to explore kenaf plantation in the global regions DOHA, 21 MARCH 2022 - Taking lead in the promotion of sustainability using kenaf, Kenaf Venture Global Sdn. Bhd. (KVG) officialise a collaboration with Al Rayes Group through a signed Memorandum of Understanding (MoU). KVG was represented by its Group Chief Executive Officer (Group CEO), Jazman Shahar Abdollah and its Group Executive ......read more

Amlak Finance Announces 2021 Full-Year Financial Results…

• Amlak FY21 net group profit stands at AED 1.06 billion and total assets stand at AED 4 billion • The Company successfully concluded the settlement of the arbitration with a net value of approximately AED 875 million  • Debt settlement arrangements yielded AED 465 million gain and contributed in total debt reduction of AED 1,139 million (including Mudaraba Instrument of ......read more

Snoonu Awarded 'Best Project for Entrepreneurs' at Najah Qatari for Second Consecutive Year…

The 5th edition of Najah Qatari festival entitled 'Yesterday's dream is today's reality’ highlighted the most successful Qatari experiences in the fields of innovation, invention, inspiration, and entrepreneurship Doha, Qatar - 11, March 2022: Qatar’s leading tech startup, Snoonu, is delighted to announce that it has won the “Best Project for ......read more

Dan Bolton Creative Management Agency joins forces with Trinity Talent Qatar…

Forecasts predict that upwards of 1.7 million people could visit Qatar during the Tournament with approximately 500,000 visitors in the country on the busiest days     • Creating extraordinary moments: turning ideas into unforgettable memories     March 09, 2022: Dan Bolton Creative Management Agency, industry leader in creative performances, production, ......read more

Dukhan Bank Adds Multi Currency Mastercard Prepaid Card to its Cards Portfolio…

Doha, Qatar – February 28  2021: Dukhan Bank, Qatar's leading banking player, has announced the launch of its Multi Currency Mastercard Prepaid Card co-branded with Qatar Airways, which allows customers to make transactions in five different widely used currencies from one card. The Multi Currency prepaid card is the ideal international travelling companion that allows users to ......read more

QIC Group Net Profit for the Year 2021 Jumps 400% to QAR 630 Million…

Doha - 27, February 2022 - Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, announced its financial results for the year 2021. Following a meeting of the board of Directors on Sunday 27th of February 2022, which was presided over by Mr. Khalifa Abdulla Turki Al Subaey, Chairman & Managing Director of QIC Group, the Board approved the ......read more

Dukhan Bank Launches Personal Finance Campaign With a Low Profit Rate…

Doha, Qatar – 21, February 2022: Dukhan Bank, Qatar’s leading banking player, has announced the launch of its new personal finance campaign that allows new and existing customers to benefit from a profit rate of 3.75% (at a flat 2%) per annum. Dukhan Bank customers can avail the offer for a minimum finance amount of QAR 200,000 booked for a period of 4 years and above. Moreover, ......read more

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

Doha, Qatar – 12 February 2022:   Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.  As the draw results showed, the bank clients Donya Alyafei and Amer Sitaboha each won a cash prize of 10,000 Qatari Riyals. Also, a cash prize worth 5,000 Qatari Riyals ......read more

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