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Company News, Business, Banking & Finance, Economy

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.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

QGIRCO posts Q3 net profit of US$1.1m

QGIRCO was established in 1979, and its capital was about US$24 million as of Aug 2022.
By TRENDS Desk
October 28, 2022 9:39 pm
  • The company's data indicated that the earnings per share amounted to $.01 in the third quarter of this year,
  • The company's earnings per share was $.02 for the same period last year.

DOHA, QATAR – Profit of Qatar General Insurance and Reinsurance Company (QGIRCO) declined in the third quarter of 2022 compared to the same period in 2021.

QGIRCO posted a third quarter profit of US$1.1 million (QR 40,72,000) compared to a net profit of $21 million (QR 79,487,000) for the same period last year.

The company’s data, which was published on Qatar Stock Exchange website, indicated that the earnings per share amounted to $.01 (QR 0.046) in the third quarter of this year, compared to the earnings per share of $.02 (QR 0.091) for the same period last year.

QGIRCO was established in 1979, and its capital is about $24 million (QR 87,567,000).

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