Motorists switching to QIC can benefit from the special offer when their current insurance expires
The offer lasts until 30 April and guarantees 12 months of full insurance coverage for the price of just 9 months
Doha, Qatar – 26 March 2023: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region and the best digital insurance company in Qatar, announced the launch of its exclusive car insurance offer on the occasion of the holy month of Ramadan, which allows 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 get 3 months of comprehensive insurance for free, which means that the customer will benefit from a 12-month full insurance coverage for the price of just 9 months. QIC also provides ......read more
Doha, Qatar – 20, March 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 Safiya Al-Zeyara and Leena Kordia each won a cash prize of 10,000 Qatari Riyals.
Also, a cash prize worth 5,000 Qatari Riyals was awarded to Wasmiya Al-Haslan, Mohammad Shamimuddin, Irfan Ali, Mahmoud Elzamli, Azeema Khan, Abdalla Hammo, Safeya Askar, Shafiq Azam, Aysha Ahmedi, Firas Alkahtib, Sajid Atique, Mohammed Abduzzahar, Mahmoud Al-Mahmoud, Ali Chaear, Waleed Alsayadi, Ayham Alrebdawi, Noora Al-Sulaiti, Muhammad Muhammad, Eleen Elbatneagy, Amal Al-Haddad, Jabir Pilarath, Meshaal Al Abdulla, Aisha Al-Motawa, Kiran Patnayakuni, Khalid Al-Ansari, Mohamed Zouroup, ......read more
Doha, 20th March 2023 - QIC Group, the leading insurer in Qatar and the MENA region, held yesterday, Sunday, 19th March, the General and Extraordinary General Assembly Meetings at its headquarters in Al-Dafna.
The meetings were chaired by Sheikh Hamad bin Faisal bin Thani Al Thani – Member of the Board of Directors – and were 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 31/12/2022 and the company's future plans. Additionally, the meeting approved the auditors' report on the company's financial statements; the company's balance sheet and profit and loss account for the year 2022; and the ......read more
Doha, Qatar - Alford Hughes owners, Mohammed Akbar Al Baker and Hussain Akbar Al Baker, recently hosted a grand event in partnership with Sanjay Hinduja of the Hinduja Group to introduce The OWO Residences by Raffles in London. The event was held at Raffles Doha, and was attended by distinguished guests, including H.E. Akbar Al Baker and H.E. Jonathan Wilks, British Ambassador to Qatar.
Hussain Akbar Al Baker, co-owner of Alford Hughes noted "Hosting our event at Raffles Doha in partnership with Sanjay Hinduja and The Hinduja Group was a wonderful opportunity to showcase this one-of-a-kind project to our network in Qatar."
Built in 1902, the OWO is set in a magnificent Edwardian Baroque structure formerly known as the Old War Office. This historic building survived both World Wars and was once where British ......read more
Doha, 09th March 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA Region was honored for its role as an official sponsor of the fifth edition of the Samla race during the 2023 Samla awards ceremony that was held last Tuesday honoring the champions, sponsors and the entities that contributed to the success of annual national endurance competition. The sponsorship comes as part of the Group's corporate social responsibility and its keenness to support the national sports agenda.
Accepting the award on behalf of QIC was Mr. Rashid Al-Buainain, Group Chief Administrative Officer of QIC, who said on the sponsorship in an interview with Al-Kas sports channel, “For all the success that Qatar Insurance Group has achieved over the years, we have not lost sight of our social responsibility. CSR is a core ......read more
International visitors can now get their mandatory insurance in less than 2 minutes
Visitors with Hayya Card can get a long-term plan valid till January 2024
Doha, Qatar - 5 March 2023: Qatar Insurance Company (QIC), Qatar’s leading digital insurer, is pleased to officially introduce a fully-digital Mandatory Visitors’ Health Insurance solution, the fastest option to get such insurance plans in Qatar.
International visitors can now get their Mandatory Visitors’ Health Insurance policy in less than 2 minutes on qic.online and from anywhere in the world prior to their trip to Qatar. All they need to do is to select the duration of their stay in Qatar, add their personal details and pay online without any need to scan or submit any document.
With a Mandatory Visitor’s Health Insurance plan by QIC, visitors ......read more
Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 1,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits.
The 20 lucky winners are:
• ADI ABDULRAHMAN ALTURKAIT
• AHMAD ABDULKAREEM ALIBRAHIM
• ALANOUD AHMAD ALJAAFAR
• ALIAH AHMAD ALQATAMI
• ARUN JEROME D SILVA
• AYMAN ALI HAMADA
• BADER OSAMAH ALRUSHAID
• DALIA ABDULMAJEED ALGHARABALLI
• EISSA MOHAMMAD ATASH
• ENTESAR MNEEF ALENEZI
• FAHAD OSAMA ALJARALLAH
• FATEMAH KHALED ALAMEERI
• FATEMA KHALED KHALAF
• JAMAL MOHAMMAD ALBOUSAIRI
• ......read more
Doha, 03rd February 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region is an official sponsor of the Samla race. The annual race, which is in its fifth edition, will take place this year on 2nd- 4th March.
Aptly named ‘Samla’, a Qatari word that encompasses strength and perseverance in the face of hardships, the Samla race is held on difficult and remote desert tracks and requires high levels of athletic skills. The extreme desert trek covers 200 kilometers and includes six endurance challenges: running, swimming, kayaking, shooting and mountain biking.
Speaking on the sponsorship, Mr. Rashid Al-Buainain, QIC Group Acting Chief Administrative Officer, said, “Supporting a thriving national sporting landscape is one of QIC’s chief corporate social responsibility priorities, ......read more
Thursday March 2, 2023: Alfardan Hospitality, a subsidiary of Alfardan Group, and its latest international lifestyle destination, in the heart of Porto Arabia, The St. Regis Marsa Arabia Island, The Pearl – Qatar, invited guests to experience an exquisite culinary journey with 7 of its new fine dining luxury concepts on Wednesday March 1st.
More than 500 guests of prominent VIP figures, influencers, and media were invited to an adventure of taste; starting the evening with a welcome reception around the pool area, filled with exciting and engaging activations, live band entertainment, and pass around canapes and sips. The culinary experience was designed to showcase the Island’s collection of signature restaurants.
The exclusive island escape in the heart of The Pearl-Qatar comes as part of Alfardan Group’s ......read more
Doha, 02nd March 2023 - Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has been recognized as ‘Motor Insurer of The Year’ at the InsureTek Golden Shield Excellence Awards 2023 for the second consecutive year.
The InsureTek Golden Shield Excellence Awards is an annual awards program that recognizes and rewards leading insurers, reinsurers, and insurance brokers in the wider Middle East region. The program sheds light on innovators, creative minds, and customer care professionals who have outperformed their competitors and demonstrated the highest levels of excellence across the region. It is part of the InsureTek International Conference which took place this year in Dubai on 22nd-23rd February.
Commenting on the award, Mr. Ahmed Al Jarboey, QIC’s Chief Operating Officer - ......read more
Telco leader to adopt tech giant’s industry-leading technologies and wireless solutions in MENA operating companies
Doha, Qatar: Ooredoo Group has announced a key partnership with global technology giant Huawei to adopt its technologies and wireless solutions, including 5G, in some of its MENA operating companies.
Ooredoo’s new partnership with Huawei will see the telco leader implement Huawei's industry-leading technologies and wireless solutions in Kuwait, Oman, Iraq, and Tunisia, in an effort to upgrade networks and deliver transformational digital experiences for end users.
The new cooperation agreement was signed at Mobile World Congress 2023, the world’s largest and most influential connectivity event taking place until 2 March 2023 at the Fira Gran Via, ......read more
Doha, Qatar, 27 February 2023: Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker ORDS – has announced the appointment of Bassam Yousef Al Ibrahim as the new Chief Executive Officer of Ooredoo Oman, effective 1 March 2023, succeeding Noor Al-Sulaiti.
Bassam moves to Ooredoo Oman from his most recent role as Chief Executive Officer of Ooredoo Algeria, bringing to his new position over 20 years of experience in the telecoms industry and in several leadership roles within the Group. He is a member of the Boards of Ooredoo Tunisia.
Bassam succeeds former Ooredoo Oman CEO, Noor Al-Sulaiti, who successfully drove the company’s strategy and growth since 2021, laying solid groundwork for future success.
Ooredoo also announced the appointment of Roni Tohme – Ooredoo Algeria’s Chief ......read more
• 40% Year-on-Year increase in revenue
• 96% Year-on-Year rise in operating profit
• Significant growth in net profit attributable to shareholders
Doha - 22 February 2023: QInvest, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions globally, today announced its financial results for the fiscal year 2022. The bank reported QAR 285.6 million revenues from all business lines and an operating profit of QAR 165 million for the year 2022.
Mr. Hussain Abdulla, Co-Chief Executive Officer of QInvest, said:
“Despite the unprecedented economic disruption and market volatility, and the challenging macroeconomic environment, our result proves the resilience of our business model and the adaptability of our ......read more
Move further strengthens leading insurer’s position in Qatari market
DOHA, Qatar – 22 February 2023: Al Alfia Holding, the prominent Qatari-based investment group, has acquired a minority stake in Seib Insurance and Reinsurance Company LLC, a Qatari company and one of Qatar’s premium insurance providers.
The acquisition of the stake is expected to play a major role by reinforcing Seib’s leading position in the domestic market, and by supporting the continuing expansion of the Qatari insurer’s operations in order to keep pace with the growing needs of its clientele.
Al Alfia Group is keen to partner with Seib Insurance because of its status as a well-performing, first-class company with strong governance, outstanding management, impressive S&P Global ratings, and a sterling ......read more
DOHA, QATAR – FEBRUARY 2023: Dukhan Bank, the third largest Islamic bank in Qatar and the fastest growing bank in the country, successfully listed its shares on Qatar Stock Exchange's (QSE) main market today, February 21, 2023, in the presence of a number of high-level guests, Dukhan Bank top management, regulatory and supervisory authorities, investors and interested parties. This brings the number of listed companies in the QSE to fifty (50) Qatari public shareholding companies. The bell rang at 9:30 am today, marking the start of Dukhan Bank shares trading on the Qatar Stock Exchange.
Dukhan Bank’s shares were listed in the banking sector category through the Direct Listing mechanism, a common mechanism in all regional markets, which allows companies to be listed without an IPO (Initial Public ......read more
Doha, 22 February 2023: Qatar Insurance Company (QIC Group, QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, announced its financial results for the year ended 31 December 2022. Following a meeting of the board of Directors on Tuesday 21st of February 2023, which was presided over by Mr. Khalifa Abdulla Turki Al Subaey, Chairman & Managing Director of QIC Group, the Board approved the financial results. The Group reports gross written premiums (GWP) of QAR 9.8 billion for 2022. However underwriting results from our discontinued business of international operations were severely affected which resulted in the Group reporting a net loss of QAR 637 million compared to a net profit of QAR 630 million for the previous year.
Commenting on QIC’s financial performance in 2022, Mr. Khalifa Abdulla ......read more
Marketing and Communications Director Christelle Bou Chebel, and Sales and Marketing Director Yildiray Satiroglu bring with them a track record of international experience to usher in a new era of growth and expansion for the hotel.
Doha, Qatar – 7 February 2023: Park Hyatt Doha, a luxury hospitality pioneer and sophisticated luxury retreat in the cultural heart Msheireb Downtown Doha, has announced the expansion of its leadership team, as part of a series of strategic hirings that aim to drive its growth and expansion in Qatar.
Christelle Bou Chebel, the new Director of Marketing and Communications, holds a bachelor’s degree in journalism from the Lebanese University in Beirut, as well as a Master’s in Communication and Information. She brings with her a wealth of experience in public relations at several ......read more
• Dukhan Bank QPSC is the third largest and fastest growing Islamic bank in Qatar with total assets of more than QAR 100 billion;
• The Qatar Financial Markets Authority (QFMA) has approved direct listing of Share Capital of the Bank on the main market of the Qatar Stock Exchange;
• The Bank’s Listing Document (“Prospectus”) is available on the website of Dukhan Bank and Qatar Stock Exchange;
• Trading of the Shares will commence on 21 February 2023;
• Listing of more than 5.234 billion shares at listing price of QAR 4.35 per share;
• Market capitalization of QAR 22.768 billion at listing valuation with sufficient free float of 33.344%;
• Individual ownership limit of 5% for non-Founders and combined foreign ownership cap of 49%;
• The direct listing will ......read more
Doha, 05th February 2023 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region is once again the platinum sponsor of Katara’s International Arabian Horse Festival (KIAHF).
Held under the patronage of His Highness the Amir Sheikh Tamim bin Hamad Al Thani, the festival is organized by the Cultural Village Foundation (Katara) in co-operation with Qatar Equestrian Federation and Qatar Racing & Equestrian Club and runs from 01 February to 11 February.
The sponsorship is in line with the role QIC has been playing in supporting key events and initiatives that enhance the status of Qatar as a hub for local and international cultural and sporting events.
Commenting on the sponsorship, Mr. Salem Al Mannai, Group CEO said, “Given QIC’s position as a leading Qatari company, ......read more
Highest Full-Year Revenue in LG Electronics’ History with Continuous Growth Based on Strong Fundamentals
DUBAI, January 30, 2023 — LG Electronics Inc. (LG) announced full-year 2022 consolidated revenue of KRW 83.5 trillion with operating profit of KRW 3.6 trillion.
In 2022, LG achieved its highest annual revenue ever – surpassing KRW 80 trillion for the first time in its history – increasing 12.9 percent over 2021, when sales exceeded KRW 70 trillion for the first time. The record sales reflect continuous growth based on strong fundamentals, although full-year profitability was impacted by challenging global economic conditions.
The company’s revenue growth 2022 was driven by strong demand for premium home appliances and automotive parts. For the seventh consecutive year, the appliance ......read more
• Qualified Investors are engaged in discussions for orders, and have requested an extension of the subscription period.
• Regulatory approval to extend has been received, Qualified Investors will use this extension to finalize internal approvals and submit their orders.
Doha, 30 January 2023
QInvest LLC, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions globally, acting in its capacity as Listing Advisor and Offering Manager on the potential initial public offering of MEEZA QSTP LLC, a leading provider of end-to-end IT services in Qatar, hereby announces, as per Qualified Investors request, extending the Book Building Subscription Period by 10 business days to end at 3:00PM local time on 9 February 2023. Qualified Investors will use this extension to ......read more
This prestigious accolade comes in recognition of QIC’s exceptional performance at the levels of product digitization and customer service excellence
Doha, 30th January 2023 - Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, was named “Insurer of The Year in Qatar” for the second consecutive year at The MENA IR Awards 2023.
QIC’s recognition took place at the program’s annual awards ceremony held last week in Dubai and 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 past 12 months, offering customers in Qatar the best coverage options and the unique ......read more
Qatar Museums, IN-Q Enterprises and Groupe Ducasse Paris celebrated 10 years of collaboration with an exclusive Chef’s Table evening with VIP guests as well as Doha’s top influencers and media who enjoyed an elaborate culinary presentation with Alain Ducasse
Doha, 28 January 2023 -- IN-Q Enterprises (IN-Q), the commercial arm and a wholly owned subsidiary of Qatar Museums (QM), hosted a Chef’s Table event on January 17 to celebrate the 10th anniversary of IDAM by Alain Ducasse at the Museum of Islamic Art (MIA) and the decade-long partnership between Groupe Ducasse Paris and Qatar Museums.
The Chef’s Table featured an elaborate culinary presentation boasting a combination of flavours crafted by Alain Ducasse Executive Chef, Jeremy Cheminade and IDAM’s Head Chef, Fabrice Rosso and Head Pastry ......read more
Dubai, UAE, 28th January 2023: Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021. The Group’s performance was driven by robust growth in its core banking business across different markets, as net profit before provisions and tax increased by 23% to reach 1.35 billion US dollars.
Excluding the impact of devaluation of several currencies against the US dollar, loans and deposits grew by 5% to reach $35.4 billion and $ 47.7 billion, respectively, despite the volatile operating environment.
In view of these results, the Board of Directors has recommended to the shareholders, the distribution of 25% cash dividends for the financial year 2022.
Mr. Sabih Masri, Chairman of the Board of Directors, commented that Arab ......read more
27 January 2023 – Qatar Sports Investments, the Qatari sovereign wealth fund for promoting sport and founder of Premier Padel, together with the International Padel Federation, the global governing body of padel, and the Professional Padel Association representing the leading men’s professional players of padel, has agreed to talks with Damm, the owner of Setpoint Events and organiser of the World Padel Tour, on potential positive collaborations and outcomes within the sport of padel.
Under the governance of the International Padel Federation, padel is widely-regarded as the fastest growing sport in the world – notwithstanding the enormously competitive sports landscape. In light of the common missions of Premier Padel, the International Padel Federation and the Professional Padel Association to develop the sport to ......read more
THE ‘MAJOR’ TOURNAMENT WILL BE THE FIRST EVENT OF 2023 AND WILL TAKE PLACE FROM 26TH FEBRUARY TO 5TH MARCH
REST OF THE 2023 SEASON SCHEDULE TO BE ANNOUNCED SHORTLY
DOHA, 26 JANUARY 2023 – Premier Padel will launch its eagerly anticipated 2023 season with the Ooredoo Qatar Major Premier Padel, which is formally announced today. The tournament will be the inaugural event of the 2023 season, as padel continues to go global with Premier Padel’s premium, professional and unmatchable events across South America, Europe, the Middle East and Africa, gracing venues including the world-famous Stade Roland Garros and Foro Italico amongst many others.
The Ooredoo Qatar Major Premier Padel will take place from February 26th to March 5th at the internationally renowned Khalifa International Tennis & Squash ......read more
• All financial outlook metrics met in FY 2022
• Cloud revenue up 33% and up 24% at constant currencies in FY 2022. Q4 S/4HANA cloud revenue further accelerates, up 101% and up 90% at constant currencies
• Current cloud backlog exceeds €12 billion, up 27% and up 24% at constant currencies
• IFRS cloud gross profit up 38%, non-IFRS cloud gross profit up 37% and up 28% at constant currencies in FY 2022
• IFRS operating profit flat, non-IFRS operating profit down 2% and down 7% at constant currencies in FY 2022. Q4 IFRS operating profit up 17%, non-IFRS operating profit up 5% and up 2% at constant currencies
• 2023 outlook anticipates accelerating topline and double-digit non-IFRS operating profit growth
• Targeted restructuring in 2023 reflects focus on strategic growth areas and ......read more
In order to get listed on Qatar Stock Exchange, Constitutional General Assembly declares conversion of Dukhan Bank to a Qatari Public Shareholding Company
• Constitutional General Assembly Meeting (CGAM) ratifies Dukhan Bank’s memorandum and articles of association
• CGAM appointed the Bank’s external auditor for the year 2023, approved their fees and appointed Sharia Supervisory Board for a period of three renewable years
• The CGAM also approved the appointment of the first board of directors
DOHA, QATAR, 26 JANUARY 2023: The Constitutional General Assembly Meeting (CGAM) of Dukhan Bank was held via videoconference on Wednesday, January 25 2023, under the chairmanship of H.E. Sheikh Mohammed Bin Hamad Bin Jassim Al-Thani, Chairman of the Board, and in the presence ......read more
Doha, Qatar – January 24, 2023 – Dukhan Bank has announced Jassim Ali Al-Mejali 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.
On a monthly basis, there are 59 winners per draw for the cash prize of 5,000 Qatari Riyals each, as well as 2 winners per draw for the cash prize of 10,000 Qatari Riyals. ......read more
Doha, 22nd January 2023 – Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region joined along other partners in sponsorship of the “Doha Marathon by Ooredoo 2023” which took place on Friday, January 20th.
This year, runners were able to choose from multiple running categories including 1km, 5km, 10km, 21km, 42km making it an event that welcomed people of all ages and abilities. The course kicked off at Parade Pavilion, The Amir’s Grandstand – Al Corniche and then towards Katara, Lusail and back to Al Corniche, giving the 8,000 registered runners and spectators a view of Doha’s most iconic landmarks.
“Qatar Insurance Group believes in the positive power of sports to bring people together towards a shared purpose. That’s why we are proud to be able ......read more
Approves the Conversion of the Bank to a Qatari Public Shareholding Company and the Direct Listing of the Share Capital of the Bank on the primary market on the Qatar Stock Exchange
• The Extraordinary General Assembly (the “EGA”) of the Bank approved the conversion of the Bank to a Qatari Public Shareholding Company.
• The EGA of the Bank approved the direct listing of the share capital of the Bank on the main market in the Qatar Stock Exchange (the “QSE”).
• The EGA approved the amendments to the memorandum of association and the articles of association of the Bank, which include, among other things, reducing the nominal value of the share from QAR10 to QAR1.
DOHA, QATAR, 16 January 2023: The Extraordinary General Assembly Meeting of Dukhan Bank ......read more
Doha, 12th January 2023 - Qatar Insurance Company (QIC), the leading insurer in Qatar and MENA region, has signed the United Nations Environment Programme-Finance Initiative’s Principles for Sustainable Insurance (UNEP-FI PSI), making it the first insurer in the Middle East to sign the global agreement.
Launched at the 2012 United Nations Conference on Sustainable Development, the UNEP-FI PSI serves as a global framework for the insurance industry to address Environmental, Social and Governance (ESG) risks and opportunities. The PSI initiative is the largest collaborative agreement between the UN and the insurance industry.
By becoming a signatory, QIC becomes part of a global network of insurance stakeholders committed to integrating ESG along their value chain. These Principles are more comprehensive than just financial ......read more
Doha, Wednesday 03, January 2023 - Qatar Insurance Group announced the appointment of Mr. Abdallah Abdulatif Al-Ahmad as the new Chief Executive Officer (CEO) of its subsidiary Kuwait Qatar Insurance Company (KQIC).
Mr. Abdallah brings 11 years of experience, having worked previously as Head of Facultative Acceptance for Property & Political Violence covering Middle East, Asia, Africa, The Commonwealth of Independent States (CIS) and Central and East Europe (CEE) region with Kuwait Re, as well as the Head of the Insurance Sector Development Committee at the Kuwait Insurance Federation for a period of three years.
Commenting on the latest appointment, QIC Group CEO, Mr. Salem Al Mannai said, “on behalf of the Board, I would like to welcome Mr. Abdallah to QIC Group. Abdallah’s previous experiences in the Kuwait ......read more
Doha, Qatar – 12 December 2022: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced the names of the winners of its “Spend & Win” campaign who will be attending the FIFA World Cup Qatar 2022™ Final match to be held in Lusail stadium on 18th December 2022 thanks to Visa.
In partnership with Visa, QIB launched its latest “Spend & Win” campaign for its Visa cardholders for the entire month of November to reward its customers in continuation of the excitement throughout the tournament. Every QAR 250 spent by QIB Visa cardholders during this campaign in Doha Festival City got a chance to the draw.
In this campaign, a total of 25 lucky winners will receive tickets to attend the final match of the FIFA World Cup Qatar 2022™ with a companion for an experience of a ......read more
Doha, Qatar; 12 December 2022 – Mastercard has partnered with My Book Qatar to provide cardholders from across the world access to hundreds of local offers and discounts as part of its Priceless program when they visit Qatar during November and December 2022.
Through the collaboration, Mastercard’s international cardholders visiting Qatar will get complimentary access to hundreds of additional local offers and discounts across dining, cafes, fast food, theme parks, entertainment, spas, gyms, salons and more. The additional discounts and offers are provided through My Book’s ‘Discover & Save’ App.
Erdem Çakar, Country Manager, Qatar and Kuwait, Mastercard, said: “We are delighted to join forces with our long-term local partner, My Book Qatar, to provide exceptional offers across more than ......read more
Doha, Qatar, 9th December 2022 – Mashreq, a leading financial institution in the region headquartered in Dubai, becomes the new Regional Sponsor of the Argentinean National football team. Becoming in this way first regional bank sponsor for the Argentine National Football Team in Middle East & Egypt
The Argentine Football Association and Mashreq Bank have signed a Regional Sponsorship Agreement until the end of 2023. This results in Mashreq becoming the first and exclusive Regional Bank Sponsor for the Argentine National Football Team coinciding with the largest international football tournament FIFA World Cup Qatar 2022.
Since the Argentine Football Association has landed in the Middle East, football fans all around the vibrant region are able to witness precious moments with the great Argentinean football ......read more
• Qatar Investment Outlook Pulse 2022 from EY shows strong sentiment from business leaders
• 82% expect the economic growth of the coming five years to meet or exceed forecasts
• 60% of interviewed executives revealed positive yield returns in the past 12 months
Doha, Qatar – 30 November 2022: Executives in Qatar remain bullish about future prospects for the country, with around 82% expecting the economic growth of the coming five years to meet or exceed forecasts, according to the latest findings in the Qatar Investment Outlook Pulse 2022 from EY.
The report is based on extensive one-on-one discussions, from Q4 2021 to Q1 2022, with executive decision-makers across the largest businesses in Qatar.
The country’s GDP is expected to rise to QAR764 billion ......read more
Doha, Sunday 27 November 2022 - Qatar Insurance Group (QIC), the leading insurer in Qatar and MENA region signed on Thursday, 17th November 2022 a Memorandum of Understanding (MoU) with Qatar Finance and Business Academy (QFBA).
The agreement outlines QIC’s contribution towards supporting QFBA’s ‘Kawader Malia’ Program for three years; an initiative designed to prepare future business leaders, and decision makers of Qatar’s financial and banking services sector by bridging the performance gap between “the academic and the professional” for fresh graduates of both genders within the spectrum of the financial industry.
The MoU, which was signed by QIC Group Acting Chief Administrative Officer, Mr. Rashid Al-Buainain and Director of Professional Training at QFBA, Mr. Majed ......read more
November 23, 2022 — With 115 statues in total, including 3 Grand, Ogilvy earned the highly sought-after title of LIA Global Network of the Year. Three of the network’s regions were also awarded as Regional Network of the Year: Asia, South America and Europe.
Across EMEA, Ogilvy won 51 statues across six markets, with DAVID Madrid taking home the Regional Agency of the Year accolade. Impactful work from the region was championed with Golds being presented to campaigns for Dove’s ‘Toxic Influence’ and Relate’s ‘The Hornicultural Society’ by Ogilvy UK, Activision’s ‘Scratchboards’ and Burger King’s ‘Even more confusing times’ by DAVID Madrid. Further statues were won by Ogilvy Italy, Greece, Africa and South Africa.
Celebrating the success ......read more
QIB concludes the 5th edition of its Misk Account draw and announces the launch of a new edition with more prizes and opportunities to win
Doha, Qatar – 21 November 2022: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced that it is continuing its Misk Account draw for the 6th consecutive year, with the largest value of prizes in Qatar, offering Misk Account holders additional cash prizes and opportunities to win.
QIB’s Misk Account is a unique savings account that offers customers exceptional features and benefits and gives them the opportunity to win weekly and monthly prizes, as well as grand prizes quarterly. Like the regular savings account, customers have the freedom to deposit and withdraw money from the account at their convenience. To be eligible for the prizes, customers should ......read more
QIB has broken a Guinness World Records™ title for the largest soccer ball mosaic (flag) at Doha Festival City’s newly opened Arena
Doha, Qatar – 19 November 2022: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has set a new world record in building the largest soccer ball mosaic (flag), hosted at Doha Festival City’s newly opened Arena.
QIB ......read more
Participants can win daily cash and in-kind prizes by simply guessing the results of football games
Prizes include daily iPhone 14 pro devices, QAR 1,000 daily cash prizes, fuel vouchers and much more
one lucky participant will win a trip to the Maldives for two people inclusive of hotel bookings and flight tickets
Doha, Qatar – 20 November 2022: Qatar Insurance Company ......read more
A special signing ceremony was held to announce the exclusive partnership agreement, commemorating the soon to open Arena at Doha Festival City
Doha, Qatar – 15 November 2022: Doha Festival City, Qatar's one and only choice for shopping, dining, and entertainment announced today that it has signed a memorandum of understanding (MOU) with Qatar Islamic Bank (QIB), Qatar’s ......read more
Doha, Tuesday 15th November 2022 – In a press held on Sunday, November 13th in Katara Cultural Village the details of the fifth edition of the major national sporting event and QIC Group’s - the leading insurer in Qatar dominant insurer, the GCC and MENA region - sponsorship of the Samla race was officially announced.
Hosted by members of Samla’s organizing ......read more
Hotpack Global launches its15th production facility worldwide for all its paper products
DUBAI - November 09, 2022: Hotpack Global, the UAE-based global leader in disposable food packaging products, has launched its own manufacturing plant in Qatar. The plant is the 15th Hotpack owned and operated factory worldwide and reflects the company’s global vision – to become a ......read more
Doha, Qatar; 09 November 2022: Mastercard today announced that cardholders in Qatar can now use Samsung Wallet, a digital wallet solution that allows mobile payment services and more, to complete secure contactless payments at several online, on-site and in-store outlets around the world.
Erdem Çakar, Country Manager, Qatar and Kuwait, Mastercard, said: “We are delighted to ......read more
The new acquisition follows phase I of the Campus acquired in May 2021 as part of the Bank’s investment diversification strategy.
Lesha Bank L.L.C (Public) (“Lesha Bank” or the “Bank”), announced the acquisition of phase II of a Company Headquarters (the “Campus”), situated in Columbus Ohio in the US. This comes following the successful acquisition of ......read more
DOHA, QATAR - November, 2022: MEEZA, Qatar’s prominent managed IT services and solutions provider, has partnered with Darktrace, a global leader in cybersecurity Artificial Intelligence (AI), to expand its cybersecurity portfolio in the domains of classic IT networks along with newly added Operational technology (OT) capabilities to secure information and operations ......read more
QIB brings more mobile payment choices to its customers by introducing Samsung Wallet to tap and pay on the go using Samsung devices
Doha, Qatar – 07 November 2022: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced today the launch of Samsung Wallet, a secure and easy-to-use mobile payment service for all QIB Debit, Credit and Prepaid cardholders owning ......read more
Taking services closer to its Qatari clientele across Europe
04, November 2022: Chedid Re, a member of Chedid Capital Holding with a strong presence around the world and the region including Qatar, announced that its Paris office received a license to conduct insurance and reinsurance brokerage activities in France, extending the network of Chedid Re Global Operations.
Farid Chedid, ......read more