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EPS reached QAR 2.81 in Q1-19
15 April 2019 11:02 AM Qatar Electricity’s profit drops 21% in Q1
Mubasher: Qatar Electricity and Water Company (QEWC) reported a 21.6% year-on-year decrease in profits for the first quarter of 2019. QEWC’s profits amounted to QAR 309 million ($85.11 million) in Q1-19, down from QAR 394 million ($108.52 million) …
The newly-appointed CEO will continue to serve as the managing director of Aamal
19 March 2019 01:46 PM Aamal names Mohamed Bin Faisal as new CEO
Mubasher: Aamal Company on Tuesday announced that its board of directors appointed Sheikh Mohamed Bin Faisal Al Thani as its new CEO as of 26 February. The newly-appointed CEO will continue to serve in his current position as the managing director …
QAMCO's EGM approved the split of the share’s nominal value to QAR 1
14 March 2019 11:46 AM QAMCO’s OGM nods to interim cash dividend
Mubasher: Qatar Aluminium Manufacturing (QAMCO) on Thursday announced approving an interim cash dividend distribution concurrently with the disclosure of financial results for the first quarter of 2019 during an ordinary general meeting (OGM) held …
Tawteen is planned to generate QAR 8 billion in imports annually
13 March 2019 11:06 PM Al Khalij Cement inks deal for cement supply
Mubasher: Subsidiary of Qatari Investors Group (QIG), Al Khalij Cement Company, on Wednesday signed a three-year agreement with Qatar Petroleum for the supply of oil well cement. The agreement was signed under the Tawteen initiative, which was …
Mesaieed’s capital reaches QAR 12.56 billion
13 March 2019 10:51 AM Mesaieed Petrochemical’s OGM nods to QAR 1bn cash dividends
Mubasher: Mesaieed Petrochemical Holding on Wednesday announced that its shareholders have approved distributing a cash dividend of 8% of the share’s nominal value, or QAR 0.8 per share, with a total value of QAR 1.01 billion for 2018 during an …
The Qatari firm’s capital reaches QAR 1.86 billion
11 March 2019 01:29 PM Gulf International’s EGM nods to stock split
Mubasher: Gulf International Services (GIS) on Monday announced that its shareholders had approved the split of the share’s nominal value to QAR 1 from QAR 10 during an extraordinary general meeting (EGM). The Qatari firm’s capital reaches QAR …
The deal allows Qatar National Cement to use Qatar Primary Materials’ facilities, silos, and platforms
11 March 2019 01:03 PM Qatar National Cement inks deal with Qatar Primary to boost exports
Mubasher: Qatar National Cement on Monday announced signing a memorandum of understanding (MoU) with Qatar Primary Materials Company to expand in cement export operations. The deal allows Qatar National Cement to use Qatar Primary Materials’ …
QNB Financial Services on Tuesday cut its estimate for Industries Qatar’s revenue to QAR 16.3 billion in 2019.
6 March 2019 00:37 PM QNB cuts Industries Qatar’s PT to QAR 119/shr
Mubasher: Qatar National Bank (QNB) Financial Services reduced the price target (PT) for Industries Qatar by 5.6% to QAR 119 per share, from QAR 126 and maintained "Market Perform" recommendation, with a more conservative approach, according to a …
The Qatari firm’s profits rose to QAR 5.03 billion in 2018
5 March 2019 10:18 PM Industries Qatar’s OGM OKs QAR 6 per-share dividends
Mubasher: The ordinary general meeting (OGM) of Industries Qatar on Tuesday approved the distribution of QAR 6 per share in cash dividends, which accounts for 60% of the stock’s par value. In February, Industries Qatar reported a 52% profit …
The Qatari firm’s profits registered QAR 240.2 million in Q4-18
27 February 2019 04:20 PM Aamal’s profit drops 22% in Q4; dividends proposed
Mubasher: Aamal Company on Wednesday posted a 22.1% year-on-year profit decline for the fourth quarter of 2018. The Qatari firm’s profits registered QAR 240.2 million ($66.4 million) in Q4-18, compared to QAR 308.5 million ($85.3 million) in the …
The agreement includes collaboration between QEWC and Chubu on fostering environmental protection
24 February 2019 01:25 PM Qatar’s Kahramaa renews deal with Japan's Chubu Electric Power
Mubasher: The Qatar General Electricity and Water Corporation (Kahramaa) has renewed its memorandum of understanding (MoU) for its partnership with major Japanese power generation company Chubu Electric Power for the sixth time. The renewed deal …
Shareholders also approved the board’s report on the company’s 2018 activities and financial position
21 February 2019 02:55 PM Qatari Investors’ OGM approves QAR 0.75/shr dividend
Mubasher: Qatari Investors Group on Thursday announced that its shareholders had approved distributing a cash dividend of 7.5% of the share’s nominal value, or QAR 0.75 per share, for 2018 during an ordinary general meeting (OGM) held in the …
QAMCO stretches its 2019 results period to 13M
21 February 2019 00:35 PM QAMCO stretches its 2019 results period to 13M
Mubasher: Qatar Aluminum Manufacturing’s (QAMCO) board has decided to disclose its December 2018 results with its full financial year 2019. The firm explained that the board viewed one month of operations as being too short to report substantial …
Gulf Warehousing and Salam International Investment will be deleted from FTSE Russell’s index
17 February 2019 01:01 PM FTSE Russel index to include 7 Qatari-listed firms
Mubasher: The Qatar Stock Exchange (QSE) on Sunday announced that seven listed companies will be included in the FTSE Russell’s index starting from 14 March. Mesaieed Petrochemical Holding, Qatar Fuel (Woqod), Qatar Insurance, Qatari Investors …
The Qatar-listed company succeeded in producing white cement last year for the first time in Qatar
12 February 2019 01:14 PM Qatar National Cement OKs QAR5/shr dividend for 2018
Mubasher: Qatar National Cement announced that the company’s ordinary general meeting (OGM) approved the distribution of 50% of the company's share capital as cash dividend at QAR 5 ($1.37) per share for 2018. The Qatari firm approved the 2018 …
EPS registered QAR 8.31 in 2018
12 February 2019 10:59 AM Industries Qatar’s profit hikes 52% in 2018; QAR 3.6/shr dividend proposed
Mubasher: Industries Qatar reported a 52% profit increase for the year ended 31 December 2018, driven by increased product prices and sales volumes.  The Qatari firm’s profits rose to QAR 5.03 billion in 2018, compared to QAR 3.31 billion in the …
The Qatari firm’s profits retreated 2.7% to QAR 200.28 million in 2018
11 February 2019 02:29 PM Qatar Industrial Manufacturing profit drops 2.7% in 2018; dividends proposed
Mubasher: Qatar Industrial Manufacturing Company (QIMC) reported a 30.3% year-on-year profit decline in the fourth quarter of 2018. During the October-December period of 2018, QIMC’s profits amounted to QAR 29.7 million ($8.2 million), compared to …
The Qatar-based firm’s profits amounted to QAR 384 million in Q4-18
11 February 2019 00:06 PM Qatar Electricity and Water reports 24% profit rise in Q4; dividends proposed
Mubasher: Qatar Electricity and Water (QEWS) reported a 24.3% year-on-year profit increase in the fourth quarter of 2018. The Qatar-based firm’s profits amounted to QAR 384 million ($105.7 million) in Q4-18, compared to QAR 309 million …
QNB forecast QEWS’ revenues to fall by 13% to QAR 617.1 million for the fourth quarter of 2018
4 February 2019 04:54 PM QNB maintains QEWS PT at QAR 209/shr
Mubasher: Qatar National Bank (QNB) Financial Services maintained the price target (PT) for Qatar Electricity and Water Company (QEWS) at QAR 209 per share and kept its recommendation at “accumulate”. The brokerage arm of the largest bank in the …
Qatar National Cement profits rise 6.4% in 2018
24 January 2019 10:07 AM Qatar National Cement profits rise 6.4% in 2018
Mubasher: Qatar National Cement on Thursday reported a rise in profits in the fourth quarter of 2018 and the full year 2018. The firm logged QAR 129.03 million ($35.7 million) in profit in Q4-18, up 53.4% from QAR 84.12 million ($23.3 million) in …
The project’s first phase is set to produce 200 tonnes per day with a total cost of QAR 238 million
24 December 2018 09:44 AM QIMC’s subsidiary sets up QAR 538m glass containers project in Qatar
Mubasher: Qatar Industrial Manufacturing Company (QIMC) on Monday announced that its subsidiary, Gulf Glass Factory, has signed an engineering, procurement, and construction (EPC) contract with the Italian company Falorni Gianfranco to build the …
Gulf International’s unit wins QAR 141m deal from Qatar Gas
9 December 2018 00:13 PM Gulf International’s unit wins QAR 141m deal from Qatar Gas
Mubasher: Amwaj Catering Services, the wholly-owned subsidiary of Gulf International Services, has won a five-year agreement from Qatar Gas at a value of QAR 141 million ($38.7 million). Under the deal, Amwaj will provide Qatar Gas with the …
Industries Qatar has a robust liquidity that supports the increase in dividends to QAR 12.1bn
12 November 2018 01:43 PM Industries Qatar to distribute QAR 7/shr dividends for 2018 – QNB
Mubasher: Qatar National Bank (QNB) Financial Services expected Industries Qatar to distribute a cash dividend of QAR 7 per share for the full-year 2018, according to a statement on Monday. The Qatari producer of petrochemicals, metals, and …
The industrial sector’s profits hiked to QAR 2.29 billion ($630.1 million) in Q3-18,
30 October 2018 02:26 PM Profits of QSE industrial sector hike 22% in Q3 – Survey
By: Eman Ghaly Mubasher: Profits of the industrial companies listed on the Qatar Stock Exchange (QSE) increased by 22.04% year-on-year in the third quarter of 2018, according to Mubasher’s statistics. The industrial sector’s profits hiked to QAR …
EPS reached QAR 0.82 for the three-month period ended September
29 October 2018 05:05 PM Mesaieed Petrochemical logs QAR 1bn profit in 9M
Mubasher: Mesaieed Petrochemical Holding on Monday posted a 7.1% year-on-year profit increase for the third quarter of 2018. Net profits amounted to QAR 361.4 million in Q3-18, compared to QAR 337.3 million in Q3-17, according to a filing to the …