* Al Khaliji Q1 net profit rises 5% to QR185mn Al Khaliji has reported 5% year-on-year increase in net profit to QR185mn in the first three months of this year. Revenues shot up 20.4% to QR379mn, said a spokesman of the bank, which is now in the process of merger with Masraf Al Rayan. "These results demonstrate the continued focus of our team in navigating through a period of economic uncertainty with the continuing unpredictability of the Covid-19 virus," said Sheikh Hamad bin Faisal bin Thani al-Thani, Al Khaliji chairman and managing director. Although the expenses shot up 9.6% to QR90mn, the lender was able to hold the cost-to-income ratio at 23.8% in January-March 2021 compare
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