Al Khaliji posts profit of QR683mn for 2020 ...Qatar

Al Khaliji has reported a 5.7% year-on-year growth in net profit to QR683mn and suggested 5.6% cash dividend for shareholders for 2020. “Al Khaliji ended 2020 on a firm footing, delivering increased profitability of QR683mn. We have achieved this result navigating through a challenging year in the back drop of the Covid-19 pandemic,” said Sheikh Hamad bin Faisal bin Thani al-Thani, chairman and managing director. Highlighting that it has successfully concluded the merger discussions with Masraf Al Rayyan announced earlier in the year; he said this will, once effected, create one of the largest Shariah-compliant banks in Qatar and in the Middle East, and contribute positively towards the loc

Hence then, the article about al khaliji posts profit of qr683mn for 2020 was published today ( Thursday 28/01/2021 - 01:01 AM ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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