Business

Doha Bank’s Net Profit for 2024’s Q1 Ups to QR 231,3 Million

Qatar NewswireComments Off on Doha Bank’s Net Profit for 2024’s Q1 Ups to QR 231,3 Million

Doha: Doha Bank Q.P.S.C announced Sunday its Net Profit for the first quarter of 2024 was QR 231,319,000 versus QR 208,634,000 for the same period of the previous year.

The Bank’s financial statement on the Qatar Stock Exchange (QSE) website said the increase was driven by the total assets, lending, customer deposits, liquidity positions and net operating income.

The Earnings per Share(EPS) for the period ending March 31 rose by 10.9 percent to reach QR 0.07. (QNA

Source: Qatar News Agency

Qatar Newswire

Related Articles
Business

Oman’s GDP Increases 4.7%

Qatar Newswire

The Sultanate of Oman’s gross domestic product (GDP) at constant prices recorded an increase of 4.7 per cent to reach OMR8.70 billion at the end of the first quarter of 2023.The GDP at constant price was OMR8.36 billion in the first quarter of 2022, ac…
Business

EU Official: European Companies Seek to Enhance Presence in Qatari Market

Qatar Newswire

Doha: Minister Plenipotentiary and Head of the European Union (EU) Trade and Economic Affairs Department in Qatar, Saudi Arabia, Bahrain, and Oman Dr. Thomas Jorgensen praised the close relations between the EU countries and the State of Qatar, pointi…
Business

ECB’s Chief Dampens Expectations of Further Interest Rate Cuts

Qatar Newswire

Brussels, The President of the European Central Bank (ECB), Christine Lagarde, has defended the bank’s recent interest rate cut and dampened expectations of further cuts.

The central bank still assumes that the inflation target of two per cent in the…