Al Sulaiti consolidates top position with winning show at Losail Circuit
22 Feb 2021 - 9:58
Riders in action during the Round 2 race of the Qatar Superstock Championship 600 (QTSK) at Losail International Circuit.
The Peninsula
Doha: Popular Qatari rider Saeed Al Sulaiti has consolidated his position at the top of the rankings following one of the two races in Round 2 of the Qatar Superstock Championship 600 (QTSK).
Al Sulaiti won the first race covering the 12-lap contest in a time of 25 minutes and 12.849 seconds, just 0.100 seconds ahead of his closest competitor Abdullah Al Qubaisi, who finished second with a time of 25.12.949.
Veteran rider Meshaal Al Nuaimi ranked third after recording a time of 25.43.119 while Youssef Al Darwish finished fourth with a time of 25.47.350. Saud Al Thani completed the list of the first five positions with a time of 26.24.518. The Local Organizing Committee (LOC) of the championship decided to postpone the second race of Round 2 and d
Netwealth profits surge as industry consolidates
Netwealth profits surge as industry consolidates
The listed platform group posted a healthy increase in profit for the first half of the 2021 year as it continues to benefit from changing advice sector dynamics.
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Netwealth posted a net profit after tax of $27.6 million for 1H21, a $7.1 million increase, or 34.5 per cent up from the previous corresponding period.
The group’s earnings before interest, tax, depreciation and amortisation (EBITDA) came to $30.5 million for the first half, a 30.1 per cent rise from 1H20.
Funds under administration (FUA) as at 31 December had risen by 23.2 per cent during the half-year to $38.8 billion. While there were net inflows of $4.5 billion, Netwealth also saw positive market movements of $2.8 billion during the six months.
Mortgage Business 19 January 2021
The global bank has merged the wealth management teams in global consumer banking and institutional clients divisions to form a single wealth management organisation.
Citi has unified the wealth teams from its global consumer banking and its institutional clients group to form a new wealth unit, Citi Global Wealth.
The single integrated platform now includes Citi Private Bank and Citi Personal Wealth Management businesses.
Citi Private Bank serves more than 13,000 ultra-high-net-worth clients, with around US$550 billion ($714 billion) in total client business. The group reported that its clients now include 25 per cent of the world’s billionaires and more than 1,400 family offices in more than 100 countries.
Consolidates an additional 7,939 hectares in the Confederation Lake and Birch-Uchi Greenstone Belts of the Red Lake District Acquires highly prospective Larder Lake Property including extension of. | January 19, 2021