Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Company News

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qatar Oman Investment Co’s profit drops

Qatar paid a reported $1.7 billion for Harrods in 2010..
By TRENDS Desk
February 17, 2023 12:32 pm
  • Earnings per share (EPS) declined to QR 0.006 in 2022, compared to an EPS of QR 0.016 in the previous year
  • Qatar Oman Investment company was established in 2006, with a capital of $86 million

Doha, UAE – The net profit of Qatar Oman Investment company decreased by 64.45 percent, to reach QR 1.775 million ($0.48 million) in 2022, compared to QR 4.995 million ($1.37 million) in 2021.

Earnings per share (EPS) declined to QR 0.006 in 2022, compared to an EPS of QR 0.016 in  the previous year.

The Board of Directors of the company decided to submit a recommendation to the Ordinary General Assembly to carry over the profits.

Qatar Oman Investment company was established in 2006, with a capital of QR 315 million ($86 million)

[adinserter block="5"]

Most Read

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]