Woqod posts QR548mn net profit in H1 2019

Qatar Fuel Company (Woqod) posted a 9% increase in net profit (excluding minority rights) to reach QR548mn in the first half of 2019 compared to QR503mn recorded in the same period last year. In a statement, Woqod said the jump in profit levels is attributable to the increase in sales, as well as the efforts…

Qatar launches Investment Promotion Agency

*New entity to be a single and complete source for investment solutions in the country The Investment Promotion Agency, an entity created specifically for Qatar, was launched Wednesday with the aim of further attracting foreign direct investment (FDI) in line with objectives set out in the Qatar National Vision 2030. As part of its mandate…