Browsing: Million

Sub-head: Insurance revenue rose 15% to QAR 4.8 billion, Gross Written Premium grew 4.3% to QAR 5.9 billion, and investment income rose 2.8 % to QAR 477 million, holding Group profitability broadly steady while the insurance service result reflected conflict-related claims and reserving. The Group’s Capital and balance sheet strength remained strong. Financial highlights: H1 2026 (six months ended 30 June 2026) ● Insurance revenue: QAR 4.8 billion, up 15 % year on year

In a moment many dream of, one phone call changed everything. What began as the announcement of a QAR 1 million prize quickly became something far more meaningful; a story defined not by winning, but by giving. As part of the eighth draw of Snoonu’s “Be the Next Millionaire” campaign, a Qatari woman was announced as the winner of the grand prize. While the joy of the moment was undeniable, what followed reflected a deeper sense of purpose. The winner, identified as W.A., shared that her initial reaction went beyond happiness. She felt a profound sense that this opportunity was a blessing entrusted to her; one that coul

Q1 2026 highlights QIC delivered stable financial results despite a turbulent first quarter marked by geopolitical tensions and the conflict in the Middle East. Gross Written Premiums (GWP) totalled QAR 3.2 billion, up by 13% year-on-year. QIC reports an Insurance Service Result of QAR 130 million, a significant increase of 70% year-on-year. Net profit reached QAR 217 million, up by 6% year-on-year. Investment Income amounted to QAR 238 million, a 10% year-on-year increase. Doha, 03 May 2026 – Qatar Insurance (QIC) the leading insurer in Qatar and the Middle East and North Africa (MENA) region, today reported a Net Profit o

Qatar Tourism and Visit Qatar delivered a strong performance and sustained strategic momentum in 2025, reinforcing Qatar’s position as a year-round tourism destination. Total visitor arrivals grew 3.7 percent to 5.1 million, with the country welcoming 674,000 visitors in December, a near 16 percent increase on the same month a year earlier, driven by major international events, including the FIFA Arab Cup Qatar 2025™. The hospitality sector delivered solid growth across all key indicators. 10.8 million room nights were sold, up 8.6 percent compared to 2024, while total accommodation revenue reached QAR 8.3 billion, representing

The number of active players has surpassed 35 million: +16.1% clubs, +15.2% courts, +42% registered federation members. Significant growth of padel also on the web and social media: 70 million page views on the website, over 800,000 followers on FIP channels. Inside the document, new sections dedicated to curiosities and statistics about players and national teams. Over 35 million players, a 16.1% increase in clubs, a 15.2% rise in courts, and a 42% growth in members registered with national federations compared to last year. The second edition of the FIP World Padel Report – an analysis of FIP activities presented during the Gene

DXB handled 63.8 million bags in the first nine months, up 6.2 per cent year-on-year, with 90 per cent delivered within 45 minutes The post Dubai International sees record quarterly traffic in Q3 2025 appeared first on Gulf Business.