Category: Business

QIC Restructures UK Motor Insurance Operations

Doha: Qatar Insurance Company (QIC) announced the completion of the strategic restructuring of its motor insurance operations in the United Kingdom.

The group indicated that this new structure is in line with its strategy to organize the subscription…

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Zad Holding’s Profits Rise 3.45% in H1 of 2024

Doha: Zad Holding Co. reported first half results that saw net profit rise 3.45 percent year-over-year from QR 90,018,362 last year to QR 93,126,896 this year.

Earnings per share (EPS) amounted to QR 0.32 as of Jun. 30 of 2024, compared to QR 0.31 fo…

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US data shows decline in jobless

US unemployment rate dropped, giving a positive push to the stock market, according to a Labor Department report.

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market, the report issued Thursday showed. Init…

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