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Doha: Qatar National Bank (QNB) Group, a Qatari public shareholding company, announced Tuesday its decision to distribute semi-annual dividends to shareholders, making it the first financial institution in the country to adopt this approach. QNB explained that this decision aims to bolster the national economy in alignment with the fundamental principles of Qatar National Vision 2030, particularly its economic facet,

Doha: Qatar Airways Group has Tuesday reported the strongest financial performance in its 27-year history, announcing record profits of QAR6.1 billion (US$1.7 billion) in its Annual Report for the 2023-2024 financial year. The multiple award-winning airline group reported historic net profits of QAR6.1 billion (US$1.7 billion) during the 2023-2024 fiscal, with a total revenue of QAR81 billion (US$22.2 billion), representing

Doha: Global Credit rating agency “Fitch Ratings” has affirmed Qatar Islamic Bank (Q.P.S.C)’s (QIB) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. QIB’s Viability Rating (VR) reflects the bank’s high exposure to Qatar’s operating environment, strong company profile, sound asset quality, and solid profitability. The VR also reflects QIB’s adequate capitalisation and stable funding and liquidity, according

Moroccan Prime Minister Aziz Akhannouch arrived in Amman Early Tuesday, to participate in the “Call for Action: Urgent Humanitarian Response for Gaza” Conference, which will commence today at the King Hussein Bin Talal Convention Center in the Dead Se…