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Aldar nets $953m in sales at Fahid

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

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

QIB’s quarterly profit grows 14%

Qatar Islamic Bank (QIB) has announced a profit of QAR 1,815 million ($US499m) for the six months’ period ended 30 June 2022.
By TRENDS Desk
April 13, 2022 11:40 am
  • The Earnings per Share (EPS) amounted to QR 0.36 as of March 31, 2022 versus Earnings per Share of QR 0.32 for the same period in 2021
  • Qatar Islamic Bank was founded in 1982 as the first Islamic financial institution in Qatar, with a capital of about 2,362 billion riyals

Qatar Islamic Bank (QIB), a Qatari shareholding company, on Tuesday announced a net profit of QR 855 million for the three months period ended March 31, 2022 representing a growth of 14 percent over the same period in 2021.

The Earnings per Share (EPS) amounted to QR 0.36 as of March 31, 2022 versus Earnings per Share of QR 0.32 for the same period in 2021.

Total Assets of the Bank have increased by 6.8 percent compared to March 2021 and now stand at QR 193 billion driven by the continued growth in the financing and investing activities.

Qatar Islamic Bank was founded in 1982 as the first Islamic financial institution in Qatar, with a capital of about 2,362 billion riyals.

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