Business

QIC Group’s premiums increase to QR10.2bn 28 Oct 2020 - 09:58 am

Doha: Announcing results for the first nine months of 2020, Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East...

Industries Qatar reports QR951m profit for 9 months 28 Oct 2020 - 09:54 am

Doha: Industries Qatar (IQ), one of the region’s industrial giants with holdings in petrochemicals, fertilizers and steel producers, yesterday reported a net profit...

Barwa records QR724m net profit for third quarter 28 Oct 2020 - 09:52 am

Doha: Barwa Real Estate Group’s net profit attributable to the shareholders of the parent company stood at QR724m for the financial period ended...

Vodafone named official sponsor of 2020 Padel Tournament by QOC 28 Oct 2020 - 09:52 am

Doha: Vodafone Qatar continues to support the country’s sports sector, with the Company being named as the Official Sponsor of the 2020 Padel...

Doha Bank achieves net profit of QR772m for nine months 28 Oct 2020 - 09:47 am

Doha: Doha Bank has achieved a net profit of QR772m for the first nine months of the current financial year ended September 30,...

QGMD elects new Vice-Chairman 28 Oct 2020 - 09:46 am

QGMD Company yesterday announced the election of Mohammad Abdulmoneim Al- Sayed as a Vice-Chairman during the Board meeting held on October 22, 2020.

Global Finance ranks QIB among top 10 safest banks in the Middle East 28 Oct 2020 - 09:46 am

Doha: New York-based Global Finance Magazine has named Qatar Islamic Bank (QIB) as one of the top 10 safest banks in the Middle...

Qatar-Germany trade exchange reaches $946m in H1: QC Chairman 28 Oct 2020 - 09:41 am

Doha: The economic and trade relations between Germany and Arab countries, including Qatar, have grown significantly over the last few years. When it...

Lufthansa braces for very slow recovery in passenger demand 27 Oct 2020 - 04:13 pm

BERLIN: German airline Lufthansa expects a very slow demand recovery in the face of the resurgent COVID-19 pandemic and now hopes to reach...

Lilly profit hit by COVID-19 drug development costs, weak demand 27 Oct 2020 - 04:00 pm

Eli Lilly and Co fell short of analysts' expectations for third-quarter profit on Tuesday due to increased costs to develop COVID-19 therapies and...

Ant Group to close HK institutional book early amid 'overwhelming' demand for IPO: Sources 27 Oct 2020 - 02:44 pm

HONG KONG: Ant Group will close institutional order books of the Hong Kong portion of its record-setting dual IPO ahead of schedule due...

QInvest advises QTerminals on acquisition of Akdeniz Port in Turkey 27 Oct 2020 - 09:21 am

QInvest, the leading investment bank in Qatar, has advised Qatari port operator, QTerminals, on a sale and purchase agreement for the acquisition of...

QDB’s direct lending to SMEs reaches QR9bn: CEO Al Khalifa 27 Oct 2020 - 09:17 am

The direct lending portfolio of Qatar Development Bank (QDB) has reached QR9bn, said the Chief Executive Officer of the state-owned Bank, Abdulaziz bin...

QIIB records QR785m net profit for third quarter 27 Oct 2020 - 09:11 am

Doha: Leading Islamic lender QIIB has recorded a net profit of QR785m in the third quarter of 2020, compared to QR777m net profit...

Qatar's weekly property sale reaches QR469.8m: Ezdan Real Estate report 27 Oct 2020 - 09:06 am

Doha: As many as 155 property sales have been completed with a total value of QR469.8m from October 11-15 in Qatar, with building...

Mannai Corporation reports QR1.7bn gross profit for nine months 27 Oct 2020 - 09:03 am

Doha: Mannai Corporation QPSC, yesterday announced its third quarter results for the period ended September 30, 2020. Mannai Corporation reported a growth in...