Gulf Times - profit
Woqod posts QR707mn net profit in 2020

Woqod posts QR707mn net profit in 2020

Woqod Group has posted a QR707mn net profit in 2020, it was announced on Wednesday during the annual board of directors meeting held virtually, and was presided over by chairman Ahmed Saif al-Sulaiti.

Masraf Al Rayan posts QR2.17bn net profit in 2020

Masraf Al Rayan posts QR2.17bn net profit in 2020

Masraf Al Rayan achieved a net profit of QR2.17bn in 2020, it was announced in a meeting on Tuesday.

QSE gains 108 points to inch near 10,600 level

QSE gains 108 points to inch near 10,600 level

The Qatar Stock Exchange on Sunday opened the week on a stronger note and its key index gained more than 108 points to inch near the 10,600 levels, primarily lifted by weakened net selling by domestic funds and local retail investors.

57% of the traded constituents on QSE extend gains to investors

57% of the traded constituents on QSE extend gains to investors

The Qatar Stock Exchange saw more than 57% of the traded constituents extend gains to investors, yet it settled lower this week, which otherwise witnessed a deficit state budget for the fiscal 2021.

QSE adds QR12bn in capitalisation on vaccine, projects optimism

QSE adds QR12bn in capitalisation on vaccine, projects optimism

Global positive factors as the Covid-19 vaccine and robust domestic pipeline of projects had influenced the Qatar Stock Exchange, which witnessed more than 175 points addition to its key index and QR12bn in capitalisation this week.

Qatar leads most Gulf markets higher

Qatar leads most Gulf markets higher

Most stock markets in the Middle East ended higher on Sunday, with Qatar's index leading the gains on a rise in financial shares.

Key sectors see higher than average selling pressure on QSE

Key sectors see higher than average selling pressure on QSE

The Qatar Stock Exchange witnessed more than 74% of the traded constituents end in the red this week, which saw markets already discount the positive news relating to the Covid-19 vaccine.

QSE key index surpasses 9,900 levels on buying support

QSE key index surpasses 9,900 levels on buying support

The Islamic equities were seen outperforming the conventional ones in the Qatar Stock Exchange, which on Sunday opened the week on a stronger note and its key barometer surpassed 9,900 levels.

QSE gains QR9bn in capitalisation on foreign funds’ robust bullish outlook

QSE gains QR9bn in capitalisation on foreign funds’ robust bullish outlook

The volatility in the US presidential election had its wider manifestations on the global financial market, including the Qatar Stock Exchange (QSE), which added 198 points to its key index and QR9bn in capitalisation this week.

Qatar shares jump to near 9,900 level on global cues

Qatar shares jump to near 9,900 level on global cues

Reflecting the rally in the global financial and oil markets owing to the volatility in the US presidential elections, the Qatar Stock Exchange on Thursday shot up 163 points to inch near 9,900 levels.

Ooredoo Group nine-month net profit jumps 16% y-o-y to QR1.5bn

Ooredoo Group nine-month net profit jumps 16% y-o-y to QR1.5bn

Driven by a “favourable” foreign exchange environment, Ooredoo Group’s nine-month net profit jumped 16% year-on-year to QR1.5bn, the global telecom company said last night.

Aamal posts net profit of QR90.6mn as total revenues rise to QR972mn

Aamal posts net profit of QR90.6mn as total revenues rise to QR972mn

Aamal Company has reported net profit of QR90.6mn on a 3% rise in total revenues to QR972mn, translating into earnings-per-share of QR0.01 at the end of the nine-month period ended September 30, 2020.