August 5, 2026

Al Mahhar Half-Year Net Profit Rises 4.5%

Doha: Al Mahhar Holding Company’s net profits rose by 4.5 percent during the first half of 2026 to reach QAR 27.33 million, compared to QAR 26.15 million during the same period in 2025.

According to Qatar News Agency, data from the company, publishe…

Qatari Banks’ Assets Hold Steady at QR 2,197 Billion in June

Doha: The monthly report issued by QNB Financial Services (QNBFS) for June 2026 showed the stability of the performance of the Qatari banking sector, with banks maintaining strong levels of liquidity, and assets, loans, and deposits remaining stable o…

QDB Invests in Multiverse Computing to Enhance AI Innovation

Doha: Qatar Development Bank (QDB) has announced its investment in Multiverse Computing, a global leader in efficient and sustainable artificial intelligence. According to Qatar News Agency, QDB’s investment forms part of the company’s EUR 500 million…