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- Saudi exchange leads GCC in foreign net buying in 2025, hits $5.5bn: Kamco Invest
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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
16/12/2025
Qatar Fuel Company (WOQOD) announced that based on the directives of H E Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, the President and CEO of QatarEnergy, has decided to exempt its c
The Peninsula
19/11/2025
Qatar Fuel Company (WOQOD) announced that the Board of Directors has issued a resolution approving the recommendations of the Nominations Committee to open the nomination process for the election of
The Peninsula
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
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23/01/2026
As part of its commitment to actively taking part in raising awareness and promoting financial inclusion and culture among all society segments, National Bank of Kuwait continues to support the banki
Kuwait Times
23/01/2026
AlRayan Bank released yesterday its consolidated financial statements for the year ended December 31, 2025 with net profit attributable to the equity holders of the bank of QR1,530m.
The res
The Peninsula
23/01/2026
Oman Agriculture Development Company today opened Nizwa Dates Industrial Complex. This strategic project serves as an example of investments that generate direct economic value and social impact and
Times of Oman
23/01/2026
Global oil ?glut predictions are seriously exaggerated ?as demand growth ?remains strong and global oil stocks are ?depleted, Amin Nasser, chief executive ?of Aramco, the world's biggest ?oil produce
Reuters
23/01/2026
Kuwait Airways said on Thursday it will launch 11 new destinations for its summer 2026 season, including Alexandria, Zurich, Mykonos, Malaga, Sharm El Sheikh, Salalah, Antalya, Trabzon, Sarajevo, Vie
Gulfnews
Financial Information Co.
Saudi Arabia