Business

IPA Qatar records over QR4bn FDI in 2021 27 Apr 2022 - 09:11 am

THE PENINSULA — DOHA The Investment Promotion Agency Qatar (IPA Qatar) yesterday released the first “Invest Qatar Annual Report 2021”, recording a year...

GWC posts QR58m net profit for Q1 27 Apr 2022 - 09:10 am

GWC (Q.P.S.C.), one of the region’s fastest growing companies, posted net profit of QR58m for the first quarter of 2022, reporting a growth...

MPHC net profit up 17% to QR443m in Q1 2022 27 Apr 2022 - 09:09 am

Mesaieed Petrochemical Holding Company (MPHC or the Group) yesterday announced a net profit of QR443m for the three-month period ended March 31, 2022,...

Expert highlights greater purchasing power of Qatari riyal against Japanese yen 27 Apr 2022 - 09:08 am

Fiscal and monetary policy makers in Japan ignored the gradual tightening policies pursued by the US Federal Reserve in raising interest rates, which...

QLM net profit rises 10% to QR27.6m in Q1 27 Apr 2022 - 09:04 am

Qatar’s leading life and medical insurer, QLM Life & Medical Insurance Company (QLM), yesterday reported a strong first quarter 2022 results, with an...

QIC Group reports robust net profit of QR230m in Q1 27 Apr 2022 - 09:01 am

Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, has registered a robust net profit...

Qatar Islamic Insurance profits grow 10.3% in Q1 27 Apr 2022 - 09:01 am

Qatar Islamic Insurance yesterday announced its results for the first quarter of 2022, which saw profits jump 10 percent Y-o-Y to QR26.2m, compared...

Vodafone Qatar net profit rises by 63% to QR107m in Q1 27 Apr 2022 - 09:01 am

Vodafone Qatar yesterday announced its financial results for the three months ended March 31, 2022 with improvement across all key indicators. The Company...

QIB wins two awards from Asset Magazine 26 Apr 2022 - 09:26 am

Qatar Islamic Bank (QIB) has been recognised as the “Digital Bank of the Year” in Qatar by The Asset Triple A, organised by...

Huawei Consumer BG enters enterprise market 26 Apr 2022 - 09:24 am

Huawei Consumer BG will now enter the enterprise market officially, serving government and enterprise customers, as well as individual consumers. The announcement was...

Qatari listed banks post highest sector average for ROE in GCC: KPMG report 26 Apr 2022 - 09:20 am

KPMG recently released the seventh edition of its Gulf Cooperation Council (GCC) listed banks’ results report which analyses the financial outcomes and key...

Malaysia eyes downstream palm oil plant and agri commodities expansion in Qatar 26 Apr 2022 - 09:16 am

Malaysia, which is one of the leading palm oil exporters in the world, is eyeing to set up a downstream plant for palm...

Over 1,400 applications submitted by locals to protect trademarks in 2021 26 Apr 2022 - 09:13 am

The World Intellectual Property Organization celebrates, on April 26 every year, the World Intellectual Property Day, to highlight the role that intellectual property...

Ezdan Holding reports QR153.6m net profit for Q1 26 Apr 2022 - 09:13 am

Ezdan Holding Group announced yesterday its financial results for the first quarter ended March 31, 2022, showing a net profit of QR153.6m during...

Global military spending exceeds $2 trillion 26 Apr 2022 - 09:12 am

The Stockholm International Peace Research Institute (SIPRI) explained that global military spending exceeded $2 trillion annually for the first time, noting that it...

QIC launches brand awareness campaign ‘Time For Change’ 26 Apr 2022 - 09:08 am

Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has launched a successful full-out brand awareness campaign labeled ‘Time...