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22/09/2025 06:16 AST
Qatar Industrial Manufacturing Company (QIMC) has signed an agreement to purchase a 7% stake held by Qatar Oman Investment Company in Qatar Aluminum Extrusion Company (QALEX), bringing its total stake to 52%.
QIMC hopes this deal will have a positive impact on the company's profits and shareholder dividends in the medium term, it said in a communique to the Qatar Stock Exchange.
Abdulrahman Al Ansari, chief executive officer of QIMC, said QALEX was established in 2009 with a capital of QR100mn.
The company produces 30,000 tons of aluminum profiles in various shapes and colors annually to meet the needs of the local market, which is witnessing increasing growth in the construction sector.
The company exports its products to more than 20 countries in view of its quality and competitive prices.
Gulf Times
27/10/2025
Qatar Industrial Manufacturing Company (QIMC), a publicly listed firm, reported a 19.3 percent drop in net profit for the first nine months of 2025, totaling QR 92.44 million, down from QR 114.6 mill
The Peninsula
13/02/2018
Industries Qatar (IQ), one of the region's industrial giants with interests in the production of a wide range of petrochemical, fertilizer and steel products, reported a net profit of QR3.3bn and ear
The Peninsula
12/02/2018
Qatar Industrial Manufacturing Company (QIMC) has posted a net profit of QR206.1m for the year ended December 31, 2017, up from QR193.8m reported a year ago. The total equity of the company's shareho
The Peninsula
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.24 | -0.06 (-0.59 |
| IQCD | 12.30 | 0.30 (2.50 |
| MODON | 3.64 | 0.03 (0.83 |
| ADNOCLS | 5.73 | 0.07 (1.23 |
| ADPORTS | 4.20 | 0.02 (0.47 |
27/10/2025
As part of its ongoing commitment to strengthening direct communication with customers and providing the best banking experiences, Gulf Bank was present at Al Khiran Mall for three consecutive days t
Kuwait Times
27/10/2025
The National Bank of Bahrain (NBB) has announced the appointment of Nabeel Mustafa as Group Chief Operating Officer.
Mustafa brings over 20 years of experience in the financial services sect
Trade Arabia
27/10/2025
QNB has "reaffirmed its leadership in private banking" by being named 'Best Private Bank in Qatar' at MEED's MENA Banking Awards for Wealth and Private Banking 2025.
This prestigious recogni
Gulf Times
27/10/2025
Qatar Electricity & Water Company posted a net profit of QR1,027mn in the first nine months of this year, compared to QR1,189mn in the same period in 2024.
QEWC reported nine-month revenue o
Gulf Times
27/10/2025
Saudi-based Sumou Real Estate Company has announced the signing of an infrastructure development works contract with Diyar Real Estate Development Company (a key entity which represents a real estate
Trade Arabia
Financial Information Co.
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