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DOHA: Qatar Development Bank (QDB) announced that current National Guarantee Program beneficiaries are now able to request to transfer their credit facilities from their current...
There has been a rebound in trade exports by Qatari small and medium-sized enterprises (SMEs) and with local and global economies recovering from the...
14 Apr 2021 - 23:41 File photo used for representation only. The Peninsula Online Doha: The Prime Minister and Minister of Interior H E Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani chaired the regular Cabinet meeting this afternoon through video conferencing. In view of the current conditions in the country as a result of the second wave of the Covid-19 pandemic, and in implementation of the high directives of the Amir H H Sheikh Tamim bin Hamad Al Thani to provide financial and economic incentives to the private sector to mitigate the economic consequences of the pandemic, the cabine...
Dukhan Bank assets grow 12pc DOHA, 25 days ago Dukhan Bank’s assets in 2020 grew significantly by 12% exceeding QR86 billion ($23.62 billion), underscored by a growth in its financing activities which exceeded 12.7% recording over QR58 billion, as compared to 2019. Total revenues grew by 15.7%, to reach QR3.8 billion, while profit before loss of impairment of intangible assets and taxes exceeded one billion Qatari riyals, with a growth rate of 33%, as compared to QR766 million for the previous year. Total expenses declined by 15.6% to QR939 million when compared to the previo...
Dukhan Bank reports QR1bn net operating profit for 2020 08 Mar 2021 - 9:09 Chairman and Managing Director of Dukhan Bank, Sheikh Mohammed bin Hamad bin Jassim Al Thani The Peninsula Doha: Dukhan Bank announced yesterday that its total revenues grew by 15.7 percent to reach QR3.8bn for the year ended December 31, 2020, while profit before loss of impairment of intangible assets and taxes exceeded QR1bn, with a growth of 33 percent, compared to QR766m for the previous year. The Group’s assets grew significantly by 12% exceeding QR86bn, underscored by a growth in its financing activities...