27 Apr 2021 - 10:08
The Peninsula
Qatar’s leading life and medical insurer, QLM Life & Medical Insurance Company QPSC, yesterday reported strong first quarter 2021 results.
Net profit for first quarter 2021 was QR25.1m or QR0.07 per share, compared with QR15m, or QR0.04 per share, for first quarter 2020, representing a robust growth of 67 percent.
“Today, Qatar, the MENA region and the rest of the world are continuing to face the COVID-19 health crisis, and QLM is aware of the many challenges that our clients, members, and communities are tackling.
QLM remains fully prepared to continue to meet the needs of our customers, members and partners during these challenging times,” said Sheikh Saoud bin Khalid bin Hamad Al Thani, Chairman of QLM.
Qatar- QLM posts robust 67% y-o-y jump in first-quarter net profit menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
New study reveals impact of COVID-19 on UAE family businesses
2 hours ago Picture used for illustrative purpose. File
Business families in the UAE have preferred a cautious approach in responding to COVID-19 to preserve the economic, emotional and social investments in their firms, a new global study and benchmarking report by STEP Project Global Consortium and KPMG has revealed. Dr. Rodrigo Basco, Sheikh Saoud bin Khalid bin Khalid Al-Qassimi Chair in Family Business at American University of Sharjah (AUS), led the international research team that reviewed the impact of COVID-19 on family businesses.
The international project analyzed data from almost 2,500 family-owned firms from 75 countries in Europe, North America, South America and the Caribbean, Asia Pacific, and the Middle East and Africa. It reveals that the COVID-19 pandemic has negatively impacted the revenue of 69 percent of all surveyed firms.
Qatar s generous assistance for Thalassemia patients
National
April 2, 2021
ISLAMABAD: In a laudable step, the Qatar Embassy has provided precious medical aid to the Thalassemia Center in Islamabad. The centre is catering to helpless poor patients of Thalassemia, mostly children, who hail from the backward areas of the country. The Qatar Embassy was represented in the simple ceremony of handing over the equipment, by Qatar Ambassador Sheikh Saoud bin Abdulrahman Al Thani, and the Third Secretary Nasser Hassan Al-Suwaidi.
They provided medical aid from Qatar Charity to the Islamabad Thalassemia Center in presence of officials from the Pakistani side and the charity. The ambassador visited various departments of the Thalassemia Center and distributed gifts among the children being treated there.
Qatar s generous assistance for Thalassemia patients thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.