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 ......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 ......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 ......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 ......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 ......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 ......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 ......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. ......Read More

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

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 ......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 ......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 ......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 ......Read More

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

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 ......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 ......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 ......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 ......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 ......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 ......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 ......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, ......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 ......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 ......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 ......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 ......Read More

Al Meera Launches “National Product Week” and the National Day Campaign "I Love Qatar” that Rew ...

Doha, Qatar - 30, November 2023: In collaboration with the Ministry of Commerce and Industry, Al Meera is delighted to announce the launch of the 'National Product Week' initiative, under the slogan 'Together, We Support the National Product. 'This initiative will run from November 29 to December 6, 2023, showcasing Al ......Read More

‘We Are Now at the Dawn of a New Age for Intelligence,' Says Global AI Expert at Qatar Foundation's ...

The summit showcased diverse perspectives of key thought leaders, innovators, and young changemakers on AI in education Doha, Qatar – 29 November 2023: The world is at a tipping point for human evolution because machines are about to profoundly change the way we live, the way we work, and even experience what it means to be human, said ......Read More

Strategy& Middle East Commits to Qatar's Future Growth by Expanding its Senior Presence in Doha

Doha, Qatar, 27 November 2023: Strategy& Middle East, a member of the PwC network, has expanded its senior presence in Qatar as part of its plans to support the nation’s flourishing business community and contribute to the Qatar National Vision 2030.  Strategy& Middle East aims to support a growing portfolio of work in the ......Read More

Naufar Advances Digital Transformation through Strategic Partnership with MEEZA

Doha, Qatar, 21 November 2023: Naufar, a leading healthcare institution in Qatar, is set to revolutionize its digital capabilities through a strategic collaboration with MEEZA, a prominent Managed IT Service and Solutions provider in the state of Qatar, recently listed publicly, signifies a pivotal. In a landmark move toward comprehensive IT ......Read More

Dukhan Bank Partners with the Gulf Organization for Research and Development to Boost Sustainable Fi ...

The Gulf Organisation for Research and Development (GORD), a leading organization dedicated to promoting sustainability and climate change, and Dukhan Bank, a prominent Shari’ah-compliant banking service provider, have announced a significant partnership aimed at bolstering sustainable finance practices and fostering environmental and ......Read More

Qatar Insurance Group Sponsors Qatar Travel Mart

QIC will showcase its latest inbound and outbound travel insurance solutions for retail and corporate customers Visitors to the QIC pavilion will get access to personalized insurance advice and instant assistance with determining their travel insurance needs Doha, Thursday 16th November 2023 - Qatar Insurance Group (QIC Group, QIC), the ......Read More

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

Doha, Qatar – 09 November 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 Mira Sahraoui and Fatma Shokri each won a cash prize of 10,000 Qatari Riyals. Also, ......Read More

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

Doha, Qatar – 09 November 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 Mira Sahraoui and Fatma Shokri each won a cash prize of 10,000 Qatari Riyals. Also, ......Read More

Dukhan Bank Announces the Grand Prize Winner of 1,000,000 DAwards of Credit Card Spend Campaign

Doha, Qatar – 4 November 2023: Dukhan Bank is delighted to announce Mr. Abdulla Al-Boainain as the grand prize winner of 1,000,000 DAwards in the third and final draw of its 3-month Credit Card Spend Campaign. The Bank initiated this campaign to reward its valued customers with a total of 2,000,000 DAwards. The winner was unveiled ......Read More

LG Announces Third-Quarter 2023 Financial Results

High Performance, Strong Profitability Reflect Progress in Advancing Business Portfolio, Accelerating B2B Business and Procuring New Growth Engines 02 November, 2023 — LG Electronics Inc. (LG) today announced third-quarter 2023 consolidated revenue of KRW 20.7 trillion and operating profit of KRW 996.7 billion, both the second highest ......Read More

The Ned Doha Welcomes Massimiliano Binda as Managing Director

Massimiliano “Max” Binda brings over 30 years of experience in luxury hospitality to oversee the strategic direction and operations of The Ned Doha, a hotel and private members' club located in the heart of Doha. Doha, Qatar –30 October 2023 – The Ned Doha, a hotel and private members' club, is pleased to announce the appointment of Max Binda to the position of Managing Director. Max will be responsible for charting the strategic course and overseeing the day-to-day operations of both the hotel and the Club, with a steadfast commitment to further enhancing the quality of service and experiences for members and guests. With an impressive career spanning ......Read More

MEEZA Records 24% Increase in Revenue and 29% Increase in Net Profit for the First Nine Months of 20 ...

Doha, Qatar, 26 October 2023: MEEZA QSTP LLC (Public) (“MEEZA” & “the Company”) announced its financial results for the nine months ended 30 September 2023, marking the Company’s first announcement since listing its shares on the Qatar Stock Exchange. Financial Summary In the first nine months of 2023, ......Read More

Dukhan Bank Posts A Net Profit of QAR 1.1 billion for the Nine-month Period ended 30 September 2023 ...

Doha, Qatar – 29 October 2023: Dukhan Bank (“the Bank” or “the Group” when referred along with its subsidiaries; QSE Ticker: DUBK), announced its financial results for the nine-month period ended 30 September 2023 with a net profit amounting to QAR 1.1 billion, representing a 2.5% growth compared to the same period of ......Read More

QInvest Participates in the Seventh Edition of the Future Investment Initiative (FII) held in Riyadh

Doha, Qatar - 30 October 2023:  QInvest was an active participant in the seventh edition of the Future Investment Initiative (FII), held from 24 to 26 October, 2023, at the King Abdulaziz International Conference Center in Riyadh, Saudi Arabia. This year's FII, themed "The New Compass," hosted over 6,000 delegates and featured ......Read More

Navigating Qatar's Strategic Growth Agenda to Economic Transformation and Abundant Investor Opportun ...

Oxford Business Group assembles Qatar 2023 team, bolstering presence in the Gulf Doha, October 2023: Oxford Business Group (OBG) is forging ahead with its research project to produce The Report: Qatar 2023      , unveiling a dynamic team poised to deliver comprehensive insights into Qatar's evolving economic landscape. This ......Read More