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23/02/2025 12:27 AST
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 Exhibition & Convention Center (DECC).
"Themed 'The Future of Insurance, Powered by QIC,' QIC Group's participation at this year's Summit focuses on leveraging the Group's regional leadership to shape the future of the industry across the Middle East and North Africa.
Salem Al Mannai, Group CEO of QIC, said: "Being the leading insurer in the MENA region and the locomotive of digital innovation regionwide make us at QIC better positioned to anticipate the future of insurance, and to help other regional players get ready to navigate consumer behavior change, demand shifts, and to cope with global trends."
Al Mannai added: "Capitalizing on QIC's repertoire of continuously challenging the status quo of regional insurance since 1964, along with our digital vision and relentless investments in cutting-edge solutions is needed more than ever for a thriving future of the industry in the region. This includes our QIC Digital Venture Partners to build new digital ventures and invest in high potential early-stage Insurtechs, the QIC digital hub establishing the region's first insurance-powered digital ecosystem, in addition to the QIC-founded MENA InsurTech Summit and MENA InsurTech Association as pivotal regional bodies gathering key players and decision makers to discuss the future in the industry across the region."
QIC Group will host a dedicated pavilion where all its units and subsidiaries showcase their latest initiatives and flagship solutions in front of the global tech community, and their plans to contribute to shaping the future of insurance in the region. The QIC pavilion incorporates the Innovation Floor: a unique launchpad bringing together global startups, investors, and corporations looking for growth opportunities in the MENA region, and to benefit from QIC's expertise in enabling access to mentorship, investments and insurance markets in the region.
The Peninsula
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Qatar Insurance Group shareholders approved the board's recommendation to increase the group's capital from QR2.7bn to QR3.2bn during the company's annual general meeting held at the Four Seasons Hot
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 167.60 | 0.60 (0.35 |
| TAWUNIYA | 136.60 | -1.00 (-0.73 |
| ALRAJHITAKAFUL | 134.40 | 2.40 (1.81 |
| RASAN | 83.80 | 0.00 (0.00 |
| SAUDIRE | 43.75 | 2.20 (5.29 |
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