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- Sohar International, Liva sign RO63mn loan deal
- Abyat joins NBK Rewards Program
- Aamal Company to buy Golden Aamal Tower for QR478.4mn
- Bank Muscat posts net profit of RO125.82mn
- Woqod posts net profit of QR460mn in H1; recommends QR0.48 interim dividend
- 'Dubai First Home': 10% off on property prices - but no discounts on mortgages
- Sohaila Rahman named Alba chief legal officer
- IHC acquires UAE's top private financing platform for SMEs
- Fed on hold - but rate cuts are coming sooner, says expert
- Saudi Arabia Stockpiles Surplus Oil Production to Face Global Crises
16/07/2025 02:37 AST
Woqod - which has exclusive concession in Qatar to distribute, sell, transport and market refined petroleum products and gas to airports and seaports - has reported net profit of QR460mn, translating into earnings-per-share of QR0.48 in the first six months of this year.
However, net earnings were down 4.5% on an annualised basis, mainly due to decrease in sales volume. But the company decided to distribute an interim cash dividend of QR0.4 per share.
As for the petrol station project, Saad Rashid al-Muhannadi, chief executive officer and managing director of Woqod, said a new station Al Naqian-2 has been added to the network.
The construction of petrol stations is a dynamic activity, according to the requirements of demand, he said, adding Woqod, in co-operation with Kahramaa, has completed the installation of 25 electric vehicle (EV) charging stations at 19 petrol stations as well as working on many initiatives to improve the non-fuel revenues.
"Woqod will move forward in enhancing the benefits of its valued shareholders and all stakeholders by taking appropriate initiatives in developing the downstream oil and gas sector within the framework of the state's general policy of modernisation and development and strengthening the pillars of the country's national economy," he said.
Gulf Times
26/03/2018
Qatar Fuel (WOQOD) has announced to make huge investment this year as part of expanding its operations in Qatar. The main distributor of retail petroleum products in the country is set to spend QR63
The Peninsula
01/03/2018
Woqod's net profits for the year 2017, excluding minority interests, rose by 9.2 percent to QR964m, compared to the previous year's QR883m. Return on share increased to QR9.7 from QR8.9 per share fro
The Peninsula
27/04/2016
Woqod (Qatar Fuel Company) has reported a 3% rise year-on-year in net profit to QR242.7mn in the first three months of this year.
Investment portfolio, real estate and other business activit
Gulf Times
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16/07/2025
In line with its commitment to enabling strategic partnerships that support sustainable business growth, Sohar International has signed a consolidated loan agreement with Liva Group, a leading multi
Muscat Daily
16/07/2025
Reflecting its commitment to enriching the banking experience of its customers by providing exclusive offers and special rewards, National Bank of Kuwait announced the joining of Abyat, a leading com
Kuwait Times
16/07/2025
Aamal Company has entered into an agreement with Al Jazi Real Estate to purchase the Golden (Aamal) Tower located in Onaiza, for a total price of QR478.4mn.
The purchase price was determined
Gulf Times
16/07/2025
Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the six months ending on June 30.
The bank posted a net profit of RO
Muscat Daily
16/07/2025
Aluminium Bahrain (Alba), the world's largest smelter on one site, has announced the appointment of Sohaila Rahman as its new Chief Legal and Governance Officer effective July 20.
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