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04/07/2025 09:04 AST
Qatar Insurance Company Q.P.S.C. (QIC) announced that it has successfully issued a USD 500 million subordinated perpetual Tier II capital bond with a fixed coupon of 6.15%.
The issuance was met with exceptional demand, attracting orders in excess of USD 3 billion, the company said in a statement published in Qatar Exchange website.
The notes, listed on the London Stock Exchange, mark a significant milestone in QIC's ongoing capital optimization strategy and underscore the depth of international investor confidence in the company's credit quality, resilience, positive profitability outlook, and integral role in Qatar's economic landscape.
Commenting on the transaction, QIC Group CEO Salem Al Mannai stated: "This landmark issuance reflects the strength of QIC's financial fundamentals, our consistent delivery of strong results, and the deep confidence global investors place in us."
"As the only regional insurer with a proven track record in the international debt capital markets, we are proud to reinforce our position as a trusted, forward-looking institution. The overwhelming demand for our bonds is a clear testament to the resilience of our business model, the strategic progress we continue to make, and the robust macroeconomic environment of the State of Qatar," he added.
Gulf Times
02/07/2025
Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, has achieved the prestigious (p) 'AAA' ESG rating from MSCI ESG Research-the highest possible rating under MSCI's global
The Peninsula
30/04/2025
Qatar Insurance Group, the leading insurer in Qatar and the MENA region, has announced a robust net profit of QR205m for the first quarter of 2025, up from QR194m in Q1 2024. The results were approve
The Peninsula
23/02/2025
Qatar Insurance Group (QICGroup), the leading insurer in Qatar and the MENA region, has announced its participation in Web Summit Qatar 2025, taking place from 23 to 26 February at the Doha Exhibitio
The Peninsula
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 151.70 | -1.00 (-0.66 |
| TAWUNIYA | 130.90 | 0.50 (0.38 |
| ALRAJHITAKAFUL | 119.30 | 1.30 (1.10 |
| RASAN | 92.15 | -0.05 (-0.06 |
| SAUDIRE | 45.00 | 0.90 (2.04 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
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