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Yahsat’s net income grows 62% to AED269 million in H1 2024

July 30, 2024 by emadmin

ABU DHABI: – Al Yah Satellite Communications Company (Yahsat) announced today its consolidated financial results for the first half of 2024, recording a 62 percent year-on-year (YoY) increase in net income to AED269 million

Earnings before interest, …

Categories Business, Trading

National Planning Council: 543 Building Permits Issued in June

July 30, 2024 by emadmin

The National Planning Council reported that 543 building permits were issued across various municipalities in Qatar during June, marking a 31 percent decrease compared to May, which saw 782 permits issued.

In a statement on Tuesday, the council highl…

Categories Business, Trading

QCB Launches ‘Request to Pay’ Through Fawran Service

July 30, 2024 by emadmin

Qatar Central Bank (QCB) announced Tuesday the launch of “Request to Pay” option through “Fawran” service, in line with the Third Financial Sector Strategic Plan, and in continuation of its efforts to improve the instant payment system in the country….

Categories Business, Trading

UAE Council for Environmental and Municipal Work holds second meeting for 2024

July 30, 2024 by emadmin

DUBAI: Dr. Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and the Environment, chaired the second meeting of the UAE Council for Environmental and Municipal Work in 2024, which reviewed the latest developments in municipal work at t…

Categories Business, Trading

National Planning Council: 543 Building Permits Issued in June

July 30, 2024 by emadmin

The National Planning Council reported that 543 building permits were issued across various municipalities in Qatar during June, marking a 31 percent decrease compared to May, which saw 782 permits issued.

In a statement on Tuesday, the council highl…

Categories Business, Trading

Ooredoo Achieves Net Profit of QR1.8 billion in H1 of 2024

July 30, 2024 by emadmin

Ooredoo, a Qatari public shareholding company, has achieved a net profit of QR1.861 billion, in the first half of 2024, representing a 14% increase compared to the profits realized in the same period of 2023, which were QR1.625 billion.

Chairman of O…

Categories Business, Trading

Islamic Insurance Group’s Profits Grow by 23.18 percent in H1 2024

July 30, 2024 by emadmin

Qatar Islamic Insurance Group (a Qatari public shareholding company) profits grew by 23.18 percent, reaching QR 79,124, 605 by the end of the first six months of this year, compared to QR 64, 230,759 , during the same period last year.

The company sa…

Categories Business, Trading

EWEC receives four proposals for development of Saadiyat Island RO Desalination Project

July 30, 2024 by emadmin

ABU DHABI: Emirates Water and Electricity Company (EWEC) has announced that it has received four proposals from Acciona Agua, Engie, GS Inima Environmental and a consortium comprised of FCC Aqualia and Orascom Construction Industries for the developme…

Categories Business, Trading
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