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QIB net profit rises to QR3 07bn in 2020

 18 Jan 2021 - 8:19 The Peninsula Doha: Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, Chairman of Qatar Islamic Bank (QIB) announced yesterday that QIB has achieved net profit attributable to shareholders of QR3.065bn for the fiscal year 2020 compared to QR3.055bn for the year 2019, despite the impact of COVID-19 and the decline in oil prices. The Bank maintained the basic earnings per share at QR1.21.  QIB Board of Directors proposed a dividend distribution to shareholders of QR0.40 per share i.e. 40 percent of the nominal share value, subject to approval of Qatar Central Bank and QIB’s General Assembly.

Karnataka govt taking precautionary measures against new Covid-19 strain: CM

Karnataka govt taking precautionary measures against new Covid-19 strain: CM News Network December 22, 2020 Bengaluru, Dec 22: Karnataka Chief Minister B S Yeddiyurappa on Tuesday said all precautionary measures against the backdrop of the new strain Covid-19 are being ensured in the state. Speaking to newsmen here he said since that people are scared of new strain of Covid-19, an alert has been issued across the state asking them not to worry. One person in Chennai has already been affected by the new virus, hence the state government is taking stringent precautionary measures. He also said that any person arriving in the airport should first undergo a test. Prime Minister Narendra Modi has already cautioned the country about it. The state government will make necessary efforts not to spread virus, he added.

Apple probing if Wistron facility in India flouted supplier rules: Reports

Send Over the weekend, several media reports said workers upset about working hours and payments trashed a Wistron factory and about a 100 people were detained. San Francisco: Apple Inc is probing if its Taiwanese contractor Wistron Corp flouted supplier guidelines at a violence-hit iPhone manufacturing facility near the southern Indian city of Bengaluru, the Economic Times said here, citing people familiar with the development. Over the weekend, several media reports said workers upset about working hours and payments trashed a Wistron factory and about a 100 people were detained. Wistron is one of Apple’s top global suppliers. In India, its makes iPhone 7 and the second generation iPhone SE devices.

Apple Said to Be Probing if Wistron Facility in India Flouted Supplier Rules Following Violence: Report

Apple Said to Be Probing if Wistron Facility in India Flouted Supplier Rules Following Violence: Report
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