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- Emirates Islamic to introduce region's first Amazon Credit Card
- Alba receives RoSPA President's Award
- Gold price in the Qatari market increases by 2.78% this week
- NIC signs strategic agreement to develop and implement AI-powered ERP system
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- Robotic surgery 12,000km away - Kuwait hospital wins Guinness record
- Qatar ports record double-digit growth in ships arrival in January-September
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- QCB issues treasury bills worth QR400 million
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 | 158.10 | -7.20 (-4.36 |
| TAWUNIYA | 133.50 | -0.50 (-0.38 |
| ALRAJHITAKAFUL | 120.00 | -2.90 (-2.36 |
| RASAN | 102.20 | 0.70 (0.68 |
| SAUDIRE | 48.72 | -0.98 (-1.98 |
03/10/2025
Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and North Africa region.
Soon to be available exclusively in the
Trade Arabia
03/10/2025
Aluminium Bahrain (Alba) was honoured with the RoSPA President's Award during the Royal Society for the Prevention of Accidents (RoSPA) Safety Summit 2025.
The event was held in partnership
Trade Arabia
03/10/2025
In a move reflecting its commitment to a smarter and more agile investment future, National Investments Company has signed a strategic agreement to develop and implement an integrated Artificial Inte
Kuwait Times
03/10/2025
International Holding Company (IHC), the Abu Dhabi-based global investment firm, has announced a $1 billion (INR88.55 billion) investment in India's Sammaan Capital Limited, one of the country's larg
Gulfnews
03/10/2025
Elegancia Catering, a subsidiary of Estithmar Holding Q.P.S.C., signed an MoU this morning in Damascus with Urbacon Airports to establish a central production unit for catering services at Damascus I
The Peninsula
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