INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

QIB partners with Loop

QIB branded e-scooters will be placed in strategic points that are commuter friendly including Doha, Lusail, Al Waab, and around metro stations.
  • The agreement is in line with QIB’s sustainability principles for urban mobility and encourages the public to reduce carbon footprint to mitigate the effects of climate change
  • Loop Mobility is a start-up transforming operations with a revolutionary e-scooter model and supporting national efforts towards building a more sustainable future

Doha, Qatar: Qatar Islamic Bank (QIB) and Loop Mobility, a Qatari start-up, have signed an agreement to promote eco-friendly alternative to personal cars.

The agreement is in line with QIB’s sustainability principles for urban mobility and encourages the public to reduce their carbon footprint to mitigate the effects of climate change.

QIB branded e-scooters will be placed in strategic points that are commuter friendly including Doha, Lusail, Al Waab, Al Aziziya, Al Sudan, and around metro stations.

On this occasion, Mr. Dinos Constantinides, QIB’s Chief Strategy & Digital Officer said: “We are pleased to be partnering with Loop Mobility to encourage the public to use more environmental-friendly means of transportation. As the weather cools down, e-scooters are an efficient, affordable, and eco-friendly transportation solution.”

Loop’s Owner, Ibrahim Mohd A H Al Mohannadi, said:We have been steadfast in our commitment to being a part of the climate solution as we lead the market towards sustainable micro-mobility. With this new partnership, we hope to reach the wider community and provide them with a more environmentally friendly and convenient alternative, to seamlessly move around the city.”

Loop Mobility is an aspiring start-up based in Qatar transforming operations with a revolutionary e-scooter model and supporting national efforts towards building a more sustainable future.