Doha, Qatar - 26 November 2024: Qatar Insurance Group (QIC Group, QIC), the leading insurer in Qatar and the MENA region, has announced its sponsorship of the Qatar Travel Mart (QTM) 2024, for the third time in a row, held at the Doha Exhibition and Convention Center from 25 to 27 November 2024. QTM 2024 will feature a QIC pavilion where both visitors and travel experts can discover the company’s latest insurance products and find out how QIC contributes to the financial well-being of outbound and inbound travelers. Commenting on this sponsorship, Mr. Salem Al Mannai, QIC Group CEO, said: “Travel and tourism are critical components of Qatar's economic diversification strategy and are significant contributors to Qatar's GDP. The increased economic activity creates a ripple effect, enhancing the demand for ......read more
Oxford Business Group (OBG) and Qatar Chamber have formalised their ongoing collaboration through a new Memorandum of Understanding (MoU), signed at Qatar Chamber’s headquarters, marking a key step in the production of The Report: Qatar 2025, an in-depth publication on Qatar’s economic landscape. Under the terms of the MoU, the two entities will jointly support research and analysis across critical areas of the Qatari economy, including economic diversification, the expansion of gas production, improvements in the business environment, and advancements in technology and infrastructure. The partnership will also enable Qatar Chamber’s members to access OBG’s online resources, covering economic insights from over 35 countries. Ali Busharbak Al-Mansouri, Acting General Manager of Qatar Chamber, highlighted the ......read more
Focus on Energy Management, Circularity, and Sustainable Materials like Better Cotton in Landmark Retail products. Doha, Qatar, 20 November 2024: Mashreq, a leading financial institution in the MENA region, has signed Sustainability-Linked Facilities (SLF) in Qatar with Landmark Retail, the leading value conglomerate in the retail sector in the Middle East. This marks the first time a private sector company has signed a bilateral sustainability-linked loan in Qatar. The partnership with Mashreq will further advance Landmark Retail's sustainability objectives and it is a testament to the bank's leading position in sustainable finance mobilization and sustainability advisory in MENA. It also contributes to the bank's commitment to facilitate USD 30 bn of sustainable finance by 2030. The key performance indicators ......read more
Projects in Tabuk and Jubail signal a new era of advancements and market expansion for the company Doha, Qatar, 19 November 2024: Techno Q, a Regional Systems Integrator, announced today it has been awarded two major tenders in Saudi Arabia, valued at over SAR 3.5 million. These tenders underscore the company's growing presence in Saudi Arabia and its expertise in delivering Audiovisual and digital signage solutions. The first project, located in Jubail, involves the modernization of the Audiovisual System at a cultural center, which will include the installation of a massive 24x4-meter LED screen in the main theater. The second operation, at the King Salman Armed Forces Hospital in Tabuk, focuses on the implementation of a digital signage system, featuring 50 wall-mounted UHD screens and two interactive touch displays equipped ......read more
Doha, Tuesday 19 November 2024 - Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, has once again demonstrated its unwavering commitment to community service and public health by organizing its annual blood donation drive. The event was held at QIC's headquarters in West Bay, Doha, in collaboration with Hamad Medical Corporation’s (HMC) blood donation center. This year's campaign, like its predecessors, highlighted the importance and lifesaving potential of blood donations. QIC employees enthusiastically participated, reinforcing the Group's dedication to fostering a culture of philanthropy and social responsibility. Rashid Al-Buainain, Group Chief Administrative Officer, remarked, “As the leading Qatari insurance company, we remain steadfast in our commitment to being ......read more
A content-based insurance literacy platform designed to promote insurance culture within the community qic.blog offers constantly-updated articles covering topics that range from driving to traveling and everyday life Doha, Qatar - 14 November 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has announced the launch of its digital blog qic.blog, the company’s new corporate content and insurance literacy platform designed to promote insurance culture within the community and to foster easy understanding of everyday life in Qatar. qic.blog offers up to date, informative content in both English and Arabic, including articles covering topics that range from car insurance and licensing, driving in Qatar, trends in tourism and travel to and from Doha, medical insurance and healthcare tips ......read more
Doha, Qatar – 12 November 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 won by Abdulhadi Al-Ahbabi, Amal Al-Kuwari, Mohd Alomer, Sultan Al-Kuwari, Fawzeya Al-Anssari, Saleh Al-Yafei, Ibrahim Alinabi, Wajdan Al-Sada, Salem Elaraby, Suddenly Babaran, Mohammed Shamiyeh, Rashed Al-Kuwari, Yasser Al-Mosallam, Ali Almohannadi, Jana Mohamed, Hamyan Alsulaiti, Hamad Al-Mohamedi, Raneem Alhalwani, Amina Alawadi, Naji Barhoumi, Fahad Al-Hajri, Mohieddine Khacherem, Hamad Al-Mutawaa, ......read more
Highlights in 9M 2024 Consolidated net profit for 9M 2024 increase by 16 % to QAR 525 million, compared with QAR 453 million for the previous year. Gross written premiums for 9M 2024 of QAR 7.2 billion. Domestic and MENA operations Gross Written Premiums rise by 43% in 9M 2024, to QAR 3.9 billion. Insurance service results increase by 62 % t QAR 414 million in 9M 2024, compared to QAR 255 million for the same period in 2023. Doha, 30 October 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 QAR 525 million for the first nine months of 2024, compared to QAR 453 million over the same period in 2023. Following a meeting of the Board of Directors dated 29 October 2024, which was ......read more
Strong profitability driven by a persistent year-on-year growth in total income of 16% Group’s total assets reached QAR 116.7 billion, a highest level achieved in the Bank’s history Robust CAR of 17.4%, well above the minimum statutory limits Lusail, Qatar – 14 October 2024: Dukhan Bank (“the Bank” or “the Group” when referred to along with its subsidiaries; QSE Ticker: DUBK) announced its financial results for the nine-month period ended 30 September 2024, reporting a net profit of QAR 1.14 billion, representing a 3% growth compared to the last year. Key Performance Highlights Total assets QAR 116.7 billion +2% vs. YE’23 Financing assets QAR 84.9 billion +9% vs. ......read more
Doha, Qatar – 6th October 2024: Dukhan Bank has been honoured with the Qatar’s “Rising Star” Award at the prestigious Euromoney Awards for Excellence 2024. This accolade highlights Dukhan Bank’s remarkable achievements in growth, profitability, and digital innovation. Over the past year, Dukhan Bank has made significant strides in its digital initiatives while consistently maintaining robust growth and profitability. The “Rising Star” Award underscores these accomplishments, solidifying Dukhan Bank’s position as a trailblazer in Qatar’s banking industry. In a pioneering move, Dukhan Bank introduced Qatar’s first prepaid digital card through its mobile app, “Dukhan Mobile,” allowing customers to manage their finances with ease. Additionally, the Bank has rolled ......read more
QIC’S recognition took place last week in Hong Kong at the Asset Triple A Private Capital Awards 2024 ceremony The award recognizes QIC’s excellence in digitizing its key general insurance products, namely motor, travel and home Doha, Qatar – 07 October 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has been recognized as General Insurance Company of The Year 2024 in Qatar by The Asset Triple A Private Capital Awards. This prestigious accolade highlights QIC’s success in cementing its leadership position, and the company’s remarkable contribution to reshaping the general insurance landscape in Qatar over the past few months. The award also recognizes QIC’s excellence in digitizing its key general insurance products, namely motor, travel and home ......read more
Doha, Qatar – 05 October 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 Khalid Buhazzaa, Ahlam Alsanadi, Mohammed Al-Shaikh, Thany Al-Kaabi, Rashid Al-Nabet, Maryam Al-Haddad, Hana Houimel, Yousif Al-Jedaia, Zakiya Al-Essa, Mohamed Abohajieh, Sara Al-Nesairi, Hassan Shaikh, Jannette Serrano, Aisha Al-Mulla, Aslah Kandiyil, Haneen Abdulrahman, Muna Al-Maslamani, Ali Al-Khoori, Mezal Al-Enazi, Mohammed Al-Muhannadi, Layla Al-Emadi, Mohamed Abdelrahman, Sharifa ......read more
dmg events, a leading organizer of face-to-face events, and Qatar-based NeXTfairs co-host the events. Big 5 Construct Qatar is the largest construction industry event in the country, bringing together over 10,000 professionals and more than 250 exhibitors from over 25 countries. Big 5 Construct Qatar host renowned brands from country pavilions such as China, Egypt, Italy and Türkiye, and other participating countries Doha, Qatar, 5 October 2024: Qatar's construction industry is on the brink of significant expansion, with forecasts predicting a $123.1 billion surge by 2030, driven by 9.5% CAGR and robust government investments (Source: QNB Daily Market Report). In this dynamic economic environment, Big 5 Construct Qatar and INDEX Design Qatar are making a much-anticipated return to Doha, offering a premier platform that ......read more
Order books were covered more than 3 times and peaked at USD 2.6 billion Lusail, Qatar - 2 October 2024: Dukhan Bank (Q.P.S.C.), rated A2 by Moody’s (stable outlook) and A by Fitch (stable outlook), successfully issued a USD 800 million 5-year senior unsecured Sukuk with a profit rate of 4.56% per annum representing a spread of 100bps over 5-year US Treasuries. The transaction marks the debut Senior Sukuk issuance for Dukhan Bank and was met with outstanding demand from global and regional investors. Order books were covered more than 3 times and peaked at USD 2.6 billion, enabling the bank to issue USD 800 million – the largest issue size achieved by a Qatari Islamic bank since 2020. Final price guidance came in at 100bps over 5-year US Treasuries, representing 30bps tightening from the initial price thoughts of ......read more
Oxford Business Group and Arab Fintech Forum to Partner for MENA Fintech Festival 2024 in Qatar Doha, September 2024: Oxford Business Group (OBG) is pleased to announce a strategic partnership with the Arab Fintech Forum for the much anticipated MENA Fintech Festival 2024, to be held from December 3-5 at the Qatar National Convention Centre in Doha. As a research partner for the event, OBG will also provide key economic intelligence on digital financial services in Qatar in its annual research on the country, The Report: Qatar 2025. The collaboration aims to spotlight the significance of fintech in Qatar's rapidly evolving financial sector, with OBG contributing its expertise and data-driven insights to inform global subscribers about emerging trends, opportunities, and challenges in digital finance. The three-day event will ......read more
Doha, 15 September 2024 - Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, has announced the signing of an agreement with the Organizing Committee of the Samla Race to support the sixth edition of the national endurance competition “Samla 2024”, continuing its role in highlight Qatar and Doha as a global sports capital. The agreement, signed on Wednesday, September 11 at Qatar Insurance Group's headquarters in West Bay, was signed by Mr. Salem Al Mannai, Group CEO of QIC Group, and Mr. Azzam Al Mannai, CEO of the Organizing Committee of the Samla Race, designates Qatar Insurance as the official insurance sponsor of the event. The race will take place from December 5 to 7 over a distance of 200 kilometers, featuring swimming, running, shooting, kayaking, and mountain biking. It is ......read more
11th September 2024 - MUFG EMEA and Doha Bank today announce the successful close of their first Green Repo scheme in the Middle East and North Africa (MENA) region. This transaction marks the first Green Repo scheme for both institutions that utilises green bonds as the underlying collateral. Green Repo schemes use the proceeds of green collateral, such as green bonds, to finance further green initiatives. In this case, cash proceeds generated from the repurchase of green bonds issued by the State of Qatar will be committed to the funding and purchase of green assets aligned to Doha Bank’s Sustainable Finance Framework. Sheikh Abdulrahman bin Fahad Al-Thani, Group CEO Doha Bank, said: “We are very pleased to collaborate with MUFG to execute our first Green Repo transaction. Innovative products such as Green Repos are ......read more
Doha, Qatar – xx September 2024 – Dukhan Bank has announced Aysha Al-Naimi 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 its campaign for the Thara’a savings account, reaffirming its commitment to rewarding clients. Departing ......read more
Doha, Qatar – 1 September 2024: MEEZA QSTP-LLC (Public) –, Qatar’s leading managed IT services and data centres provider, has reached an agreement to deliver 1 megawatt capacity in its M-VAULT4 data centre to a global hyperscalers . The project, with a total contract value exceeding 100 million QAR, extends over the remaining contract period ending in 2036. It aligns with the government’s recently announced “Digital Agenda 2030” strategic plans aimed at advancing digital transformation and AI technology in Qatar. The Ministry of Communications and Information Technology (MCIT) plays a pivotal role in facilitating this strategic partnership, ensuring that the nation's digital infrastructure aligns with the highest global standards. Through its leadership and support, the Ministry continues ......read more
Press Release – Doha, Qatar, 26th August 2024: Raffles Doha and Fairmont Doha proudly introduce Mirah Marhaendra as the new Cluster Director of Marketing Communications & Digital Strategy. An Indonesian native and esteemed leader in Marketing and Communications, Mirah brings extensive experience and unwavering dedication to excellence to this vital role. Mirah's expertise includes an in-depth knowledge of Food & Beverages, known for her creative approach to campaigns and extensive network across Southeast Asia. Mirah will lead marketing communications, digital strategies, social media presence, and strategic partnerships for both iconic brands. Her focus will be on enhancing the brand presence of both Raffles Doha and Fairmont Doha, developing strategic partnerships, and driving innovation in the digital space. Under ......read more
Highlights in H1 2024 Gross Written Premiums for H1 2024 of QAR 4.8 billion. Domestic and MENA operations Gross Written Premiums increased by 44% in H1 2024. Insurance service results of QAR 339 million in H1 2024, compared with QAR 236 million for the same period in 2023. Consolidated net profit for H1 2024 of 360 million, compared with QAR 325 million for the previous year. Doha, Thursday, 15th August 2024 Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East and North Africa (MENA) region, has reported a net profit of QAR 360 million for the first half of 2024, rising 11% from QAR 325 million over the same period in 2023. Following a meeting of the Board of Directors dated 14 August 2024, which was presided over by Sheikh Hamad bin Faisal bin Thani ......read more
Doha, Qatar – 10 August 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 Ghanim Al-Emadi, Waad Al-Naimi, Jenny Sevilla, Sebastian Joseph, Noof Al-Subaey, Alanod Alqahtani, Raed Mahmoud, Malek Al Ghezawi, Naeema Murtuza, Haya Al-Khaldi, Besan Muhammed, Ali Al-Malki, Bassel Daoud, Nasser Al-Tamimi, Jassim Al-Dehaimi, Ramadhan Albalushi, Omer Cheema, Rawia Abujrir, Khalil Alhajri, Mohammed Al-Emadi, Muhammad Radwan, Jassim Fakhroo, Ibrahim Alyafei, Saleh Al-Baker, ......read more
Company Sets New Records for Second Quarter Revenue and Operating Profit Through Balanced Qualitative Growth in Core and Future Businesses Dubai, July 26, 2024 — LG Electronics Inc. (LG) today announced second-quarter 2024 consolidated revenue of KRW 21.69 trillion and operating profit of KRW 1.20 trillion, reflecting an 8.5 percent year-over-year increase in revenue and a 61.2 percent surge in operating profit. These figures mark new records for the highest second-quarter revenue and operating profit in the company’s history. Key drivers of this performance include the home appliance and vehicle component sectors, both achieving their highest quarterly revenues to date. Sales from LG’s Home Appliance & Air Solution Company and Vehicle component Solutions Company combined reached KRW 11.53 trillion, up 8.2 ......read more
Doha – July 17, 2024: Students at Weill Cornell Medicine-Qatar (WCM-Q) have made a significant contribution to the field by publishing a study that delves into the effects of Ozempic-type drugs on the interconnected health challenges of obesity, diabetes, and cancer. Ozempic, the brand name of a drug called semaglutide, belongs to a class of medications called glucagon-like peptide-1 receptor (GLP-1R) agonists. These medications have recently become extremely well-known as treatments for managing obesity and diabetes by helping to control feelings of hunger, reduce food consumption, and promote weight loss. Beyond the effects on hunger, however, the underlying mechanisms of GLP-1R agonists are believed to have a multifaceted impact on cancer progression -- some studies show that some drugs in the class can limit cancer ......read more
Doha, Qatar – 16 July 2024: MEEZA QSTP-LLC (Public) – Qatar’s leading managed IT services and data centres provider, is pleased to announce a strategic cooperation agreement with AMD, a global leader in high-performance computing and graphics solutions. This collaboration will see MEEZA leverage AMD’s advanced accelerated computing platform to help enable the AI revolution in Qatar and the region. The agreement was signed by representatives from both MEEZA and AMD, setting the foundation for a cooperative relationship that will benefit both parties. This strategic collaboration focuses on enhancing mutual capabilities and providing access to AMD's high performance and adaptive computing technologies. “We are excited for the opportunity to partner with AMD to drive the AI revolution in Qatar and the ......read more
Mubadala Investment Company, Qatar Investment Authority and other co-investors to invest over $600 million to fund further growth Proceeds from the fundraise used to fund the acquisitions of NETS, CTL and TIP Canada; Underscores I Squared's ability to build and scale platforms Investment creates a North American champion for flexible last-mile transportation solutions and an industry leading full-service lessor with over 83,000 trailers Abu Dhabi, UAE - 15 July 2024: I Squared Capital, a leading independent global infrastructure investment manager, today announced that it has raised in excess of $600 million from Mubadala Investment Company ("Mubadala"), the Abu Dhabi sovereign investor, Qatar Investment Authority ("QIA") and others for Transportation Equipment Network ("TEN"). Trailers ......read more
The Board of Directors recommends 8% interim dividends Strong profitability driven by a persistent year-on-year growth in total income of 15% Group’s total assets reached QAR 114.2 billion Robust CAR of 17.8%, well above the minimum statutory limits The Board of Directors recommends an interim dividend of QR 0.08 per share (equivalent to 8% of nominal value of shares), subject to regulatory approvals Doha, Qatar – 15 July 2024: Dukhan Bank (“the Bank” or “the Group” when referred to along with its subsidiaries; QSE Ticker: DUBK) announced its financial results for the six-month period ended 30 June 2024, reporting a net profit of QAR 784 million, representing a 3% growth compared to the last year. Key Performance Highlights Total ......read more
The title comes in recognition of qd Drive app and its contribution to taking the digital experience of motorists in Qatar to the next level The awards ceremony took place last week in Singapore, attended by perspectives of the continent’s top insurance companies Doha, Qatar - 16 July 2024: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, received the “Mobile App of The Year in Qatar” accolade at the Insurance Asia Awards 2024, in recognition of QIC’s qd Drive mobile app and its significant contribution to taking the digital experience of motorists in Qatar to the next level. qd Drive is QIC’s newest mobile concept, designed to make drivers’ lives easier and their experiences on the roads safer. The application is innovatively built to be a one-stop ......read more
- Leading Swiss cyber-security firm ZENDATA and partner Salam Technology to provide cyber-security unit for Qatar/Gulf - - Deal sees launch of entirely new product in the cyber-security space - - Major five-year contract to cover firms across industries from financial services to oil and gas - Doha, Qatar July 11 2024: Leading global cyber-security firm ZENDATA has partnered with Qatari technology conglomerate Salam Technology in a $35m, five-year deal aimed at providing state of the art services to companies in Qatar and across the Gulf. The deal empowers Salam Technology with the capabilities to service leading cyber companies with the most sophisticated cyber tools and skillsets, and is designed to both elevate the cyber maturity of the local ecosystem, and create new jobs for Qatari and Gulf nationals as the industry grows ......read more
Doha, Qatar – 06 July 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 Kaltam Al-Majid, Ayman Dervis, Safia Begum, Layla Al-Marafi, Reyad Al-Shamari, Marya Hassan, Latifa Alsulaiti, Hassan Malik, Nasser Alnaimi, Sheikha Shaikha Al-Thani, Ahmad Al-Kuwari, Mohammed Hammo, Ali Aljajeh, Abdulla Al-Fayhani, Haytham Aldahdoh, Mohamed Suliman, Mustafa Mahmoud, Khalid Al-Ansari, Ahmed Omer, Lolwa Al-Thani, Salah Al-Jefairi, Eslam Elwakil, Ahad Al-Mudahka, Waad Ali, ......read more
The bank's outstanding performance and commitment to delivering exceptional services have earned it a number of esteemed awards in the region. Doha, Qatar – 23 June 2024: Dukhan Bank, Qatar's premier banking institution, proudly attained six new titles following the conclusion of the MENA Banking Excellence Awards 2024. In recognition of its outstanding contributions across various fronts, Dukhan Bank has garnered an impressive array of prestigious awards and accolades in fields such as: wealth management, retail banking, Islamic product offering, home financing, multi-channel offering, and customer excellence. One of the distinctions secured by Dukhan Bank is the "MENA Wealth Manager of the Year" award, further solidifying its position in the industry. The esteemed award validates the bank's ......read more
Doha, Qatar – 19 June 2024: Dukhan Bank is delighted to announce the attainment of the Payment Card Industry Data Security Standard (PCI DSS) version 4.0 and ISO/IEC 27001 certifications. These certifications mark significant achievements in the Bank's commitment to ensuring the highest levels of data security and regulatory compliance, further establishing its role as a leader in the financial services industry. Dukhan Bank was awarded the PCI DSS version 4.0 certification by Network Intelligence Pvt. Ltd. This certification is pivotal for banks handling sensitive payment card information, affirming that Dukhan Bank adheres to the most stringent security measures in processing, storing, and transmitting debit and credit card data. Dukhan Bank is now one of the few banks in Qatar to achieve this compliance, demonstrating its ......read more
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
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
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
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
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
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
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
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. ...read more
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 ......read more
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 ......read more
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 ......read more
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 — ......read more
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 ......read more
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 ......read more
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 ......read more
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 ......read more
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 ......read more
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 ......read more