January 17th, 2019 | 0 commentsAhlibank has posted a net profit of QR665.6mn in 2018, up 4% on the previous year. In 2017, Ahlibank had earned a net profit of QR639.7mn. The bank’s balance sheet grew to QR40.4bn, up 1.3% on December 2017. Ahlibank’s liquid assets as a percentage to total assets improved significantly to 30.6% in December 2018 as against 25.8% in Decemb...
January 14th, 2019 | 0 commentsThe Qatar Investment Authority (QIA) plans to raise investments in the US by 50% to $45 billion in the coming two years, its CEO announced. The QIA is seeking to rebalance its investments in US to be close to those in Europe, Mansour Ibrahim Al-Mahmoud told reporters on Sunday. Qatar’s state-owned wealth fund ranks 11th internationally wi...
January 2nd, 2019 | 0 commentsDoha Bank has retained the “top rating” for the second year in a row in the annual Environmental, Social and Governance (ESG) review of companies listed on Qatar Stock Exchange by ESG Invest, the investment research arm of Sustainability Excellence. ESG Invest provides comprehensive ESG ratings research reports that quantify the ESG perfo...
December 13th, 2018 | 0 commentsQatar Fuel (Woqod) on Tuesday inaugurated a new petrol station in Umm Abirieh region. The new facility is part of Woqod’s efforts to expand and meet the rising needs of oil in the local market, the state-run firm's CEO Saad Rashid Al Mohannadi said. Woqod is currently implementing 15 new stations, which most of them will be opened in 2019...
December 6th, 2018 | 0 commentsCentara Hotels & Resorts, a leading hospitality group in Thailand, has made its debut in Qatar with the launch of a spectacular new seaview hotel in Doha, the country’s capital city. Welcoming its first guests in December, Centara West Bay Residences & Suites Doha is located in the West Bay district which is home to many of downto...
November 29th, 2018 | 0 commentsWataniya Mobile has officially been rebranded as Ooredoo Palestine, marking another important step forward for the global brand that launched in 2013. The rebrand of Wataniya Mobile is part of Ooredoo Group’s strategy to evolve its business and create a foundation for new opportunities for customers across its footprint in the Middle East...
November 28th, 2018 | 0 commentsAs much as QR3bn has been paid to employees via the Ooredoo Money Payroll service since its launch in 2015, the telecommunications provider announced yesterday. “Every month the Ooredoo Money Payroll service is used to pay over QR115,000,000 to employees across Qatar, directly into their Ooredoo Money Wallet which can be accessed through...
November 26th, 2018 | 0 commentsQatari investments in France reached QAR 72.8 billion ($19.99 billion) in various fields including real estate and other megaprojects, the French ambassador to Qatar has said. Speaking on the sidelines of the Qatar and France Business and Investment Forum, France Gellet said that there were more than 200 French companies operating in Qata...
November 21st, 2018 | 0 commentsThe Commissioner-General of the UN Relief and Works Agency (UNRWA) said on Monday that its budget deficit for 2018 has been reduced from $446m to $21m. Pierre Krähenbühl made the announcement during a conference in Jordan, at which he thanked donor countries including Japan, EU members, Saudi Arabia, Qatar and the UAE, as well as the agen...
November 19th, 2018 | 0 commentsOoredoo is serving as the Gold Sponsor for Qatar Central Bank’s ‘5th Information Security Conference for the Financial Sector’, which concludes today. Held under the patronage of HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani, the conference aims to create, manage, and protect information flows...
