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- Bahrain All Share Index, Islamic Index close lower
- NBK launches a new suite of updates and enhancements to its Mobile Banking App
- Global stocks drop at end of record year for markets
- Bank Muscat successfully manages OMR200mn Sovereign Sukuk Issuance
- Projects worth over OMR363mn awarded
- Oman Broadband aims to connect 1mn homes with fiber-optic network
- UAE raises minimum wage for Emiratis to AED6,000 per month
- Bank Nizwa closes $519m Omani sovereign sukuk issue
- Gold set for best year in nearly half a century
- ACWA Power agrees to buy stakes in 5 China wind power projects
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
29/10/2025
Qatar Insurance (QIC) reported a 12% increase in net profit to QR588mn in the first nine months of 2025 from QR525mn in 2024.
Net profit attributable to shareholders of the parent (excluding
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 144.00 | 0.20 (0.13 |
| TAWUNIYA | 119.30 | -2.40 (-1.98 |
| RASAN | 118.60 | 0.60 (0.50 |
| ALRAJHITAKAFUL | 86.90 | 0.55 (0.63 |
| SAUDIRE | 27.90 | 0.26 (0.94 |
01/01/2026
As part of its steadfast commitment to delivering a best-in-class digital banking experience, National Bank of Kuwait (NBK) announced the launch of a suite of qualitative updates and enhancements to
Kuwait Times
01/01/2026
Bank Muscat announced that it successfully managed series 10 of the Sovereign Sukuk Issuance launched by Oman Sovereign Sukuk Company, with a total value of OMR200 million. The sukuk carries a 7-yea
ONA
01/01/2026
Oman's Bank Nizwa has announced that it had successfully closed the 10th series of local currency sovereign sukuk worth RO200 million ($519 million) acting as the joint issue manager and collecting b
Trade Arabia
01/01/2026
ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
The company said it received
Trade Arabia
01/01/2026
Saipem, a global leader in the engineering and construction of major projects, has announced that it has been awarded two offshore contracts worth $600 million in Saudi Arabia, known as Contract Rele
Trade Arabia
Financial Information Co.
Saudi Arabia