Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Oman Qatar Insurance merges with Vision Insurance

Qatar Insurance Company announced Thursday the completion of the merger process of its subsidiary Oman Qatar Insurance Co with Vision Insurance.
  • The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company
  • After the mergercertificate by Qatar Ministry of Commerce, Vision Insurance Company was delisted from Muscat Stock Exchange

Doha, Qatar – Qatar Insurance Company announced Thursday the completion of the merger process of its subsidiary Oman Qatar Insurance Co  with Vision Insurance .

In a statement on the Qatar Stock Market website, Qatar Insurance Company said the merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company

Accordingly, after the successful settlement of the merger consideration by Oman Qatar Insurance Company and the issuance of merger certificate by Ministry of Commerce, Industry and Investment Promotion, Vision Insurance Company is delisted from Muscat Stock Exchange.