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- QIIG wins 'Takaful Insurance Company of the Year' award
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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 | 144.20 | -1.90 (-1.31 |
| TAWUNIYA | 120.00 | 0.00 (0.00 |
| RASAN | 119.90 | 3.60 (3.09 |
| ALRAJHITAKAFUL | 84.65 | -0.35 (-0.42 |
| SAUDIRE | 27.70 | -1.12 (-3.89 |
03/12/2025
At a prestigious ceremony held at Atlantis The Palm - Dubai, Qatar Islamic Insurance Group (QIIG) received the 'Takaful Insurance Company of the Year' award at the 12th Middle East Insurance Industry
The Peninsula
03/12/2025
In a new milestone that reinforces its position as one of the region's leading developers, United Development Company (UDC), the master developer of The Pearl and Gewan Islands, announced that it has
The Peninsula
03/12/2025
The National Investments Company (NIC) has announced the appointment of Mohammed Adel Al-Kharafi as Senior Executive Officer (SEO) of its Dubai International Financial Centre (DIFC) office. This appo
Kuwait Times
03/12/2025
Asyad Group has unveiled a series of forward-looking projects aimed at enhancing the readiness of Oman's national logistics infrastructure to support the green hydrogen economy.
The announce
Muscat Daily
03/12/2025
OQ Gas Networks (OQGN), the sole operator of Oman's natural gas transportation network, has signed an agreement to acquire a gas transportation pipeline in Block 61, which hosts the Khazzan and Ghaze
Muscat Daily
Financial Information Co.
Saudi Arabia