Qatar Construction Sites - QCS

Total Marketing Qatar has renewed a supply agreement with Qatar Automobiles Company, the authorized distributor of Mitsubishi Motors and FUSO and a subsidiary of NBK Group Company, for the supply of high-performance Total branded lubricants in their service centers across the country.

Doha Bank has announced it will offer the best exchange rates in the industry for remittances to five countries in Asia. The bank will also allow customers to make instant money transfer to India in addition to enjoying many other benefits. Doha Bank customers sending remittances to Bangladesh, India, Nepal, Pakistan, Philippines and Sri Lanka can benefit from quick transfers and best exchange rates.

Mesaieed Petrochemical Holding Company (MPHC) has reported net profits of QR 666 million for H1, 2018, a rise of 42% compared to QR 469 mn during the same period of 2017. MPHC’s EPS rose to QR 0.53 in H1, 2018 from QR 0.37 during the corresponding period of the previous year.

Doha Bank has announced H1, 2018 net profits of QR 471 million as against QR 715 mn for the same period last year after taking significant loan loss provision in relation to the bank’s GCC branches. Interest income increased by 12.5% compared to the same period last year. However, net interest income of the bank showed a year-on-year drop of 1% despite the challenges the market is facing for more than a year now.