
Net profits of Al Rayyan Bank, Medicare surge in H1
Doha
Al Rayan Bank's net profit has risen by 4.1 percent in H1 2025, reaching QR821.383 million, in comparison to net profit of QR789.058 million for the same period of theprevious year.
According to the bank's figures published on Qatar Stock Exchange's website on Tuesday, the Earnings per share (EPS) amounted to QAR 0.088 as of June 30, 2025 against earnings per share (EPS) of QR0.085 for the same period in 2024.
Meanwhile, net profits of the Medicare Group surged 265.45 percent in the first half of 2025, reaching QR41.234 million, compared to QR11.283 million in the same periodof 2024.
The company's financial statements, published on the Qatar Stock Exchange (QSE) website on Tuesday, showed an increase in earnings per share, reaching QR 0.147 for the period ending June 30, compared to earnings per share of QR 0.040 for the same periodin 2024.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Qatar Tribune
16 hours ago
- Qatar Tribune
DAAM awarded ISO certification for ISMS
QNA Doha The Social and Sport Contribution Fund (DAAM) has been awarded the ISO/IEC 27001:2022 accreditation certificate for Information Security Management System (ISMS), after fulfilling all internationally recognized standards and requirements. This achievement reflects DAAM's commitment to implementing global best practices in information governance, enhancing administrative efficiency, and fostering a culture of quality in the workplace. The ISO/IEC 27001:2022 is one of the leading international standards for assessing an organization's ability to manage and protect information security at all stages. Furthermore, it ensures business continuity and boosts the preparedness of systems and procedures to address various operational conditions. The standard emphasizes the capabilities development of the technical and administrative teams handling data with the highest levels of security and confidentiality, ultimately contributing to improved institutional performance and sustainable operations. On this occasion, Chief Executive Officer of DAAM, Abdulrahman bin Abdullatif Al Mannai stated: 'Receiving the ISO/IEC 27001:2022 certification is a significant milestone that reflects our commitment to adopting the highest international standards in information security management. It aligns with DAAM's contribution to achieving the goals of Qatar National Vision 2030 by enhancing institutional efficiency and embracing the latest technological and administrative practices.' Since its inception in 2010, DAAM has laid the foundation stone for many vital projects and initiatives in the social, sport and cultural fields, and the contributions of companies listed on the Qatar Stock Exchange are considered among the Fund's most important financial resources, making them an essential partner in achieving sustainable community development.


Qatar Tribune
5 days ago
- Qatar Tribune
QSE surges to 3-year high on strong H1 corporate earnings
Satyendra Pathak Doha The Qatar Stock Exchange (QSE) Index ended the trading week on a strong note, gaining 305.56 points or 2.8 percent to close at 11,220.76 points, its highest level in three years. The week's performance was driven by a combination of upbeat corporate earnings, attractive interim dividends, and rising interest from foreign institutional investors. Market capitalisation followed suit, rising by 2.5 percent to reach QR663.8 billion, up from QR647.6 billion at the end of the previous trading week. Of the 53 listed companies on the QSE, 36 ended the week with gains, 14 recorded losses, while three remained unchanged, indicating broad-based market strength across sectors. Trading activity during the week reflected increased investor participation. The total traded value rose by 3.7 percent to QR2,325.7 million compared to QR2,242.6 million in the previous week. Trading volumes surged by 23.5 percent, with 950.2 million shares changing hands compared to 769.6 million shares in the prior week. However, the number of transactions declined by 17 percent, falling to 94,990 from 115,627 in the previous week. Among individual stocks, Qatar Islamic Bank (QIBK) emerged as the best performer, posting a weekly gain of 7.3 percent. It was also the largest contributor to the index's rise, adding 126.45 points. QNB Group (QNB) and Industries Qatar (IQ) also played key roles in supporting the index, contributing 96.30 and 38.45 points respectively. On the other hand, Mannai Corporation (MCCS) was the worst-performing stock of the week, falling by 11.2 percent. Despite the decline, MCCS was the most traded stock in terms of value, with QR207.5 million worth of shares exchanged. Ezdan Holding Group (ERES) led in terms of traded volume, with 114.7 million shares traded during the week. Investor behaviour continued to show a clear divide between institutional and retail participants. Foreign institutional investors remained net buyers, recording a net inflow of QR159.1 million, slightly down from QR183.6 million the previous week. Qatari institutions continued to sell, with net outflows of QR21.1 million, nearly unchanged from QR21.8 million a week earlier. Foreign retail investors remained net sellers, posting QR8.2 million in sales, although this was an improvement from the QR19.9 million recorded the previous week. Qatari retail investors also remained bearish, with net selling of QR129.7 million compared to QR141.9 million in the previous week. Year-to-date, global foreign institutions have shown sustained interest in Qatari equities, registering a net buying position of $93.5 million. In contrast, institutional investors from the Gulf Cooperation Council (GCC) remain net sellers by $23 million, indicating a divergence in regional investment behavior. Commenting on the week's performance, financial market analyst Mubarak Al Tamimi told Qatar News Agency (QNA) that a number of positive factors contributed to the index breaching the key 11,000-point level. Chief among them, he said, were the solid performance of listed companies and their strong profits in the first half of the year, which were followed by interim dividend announcements. Al Tamimi noted that there is a growing trend of foreign and Gulf investment portfolios moving towards the Qatari market due to the opportunities it offers in comparison to other regional markets. He added that this trend is likely to strengthen in the coming period amid falling interest rates and rising returns on shares of Qatari companies. He emphasised that the current market conditions present a favorable environment for investors to enhance their portfolios, increase their buying activity, and inject more liquidity into the market. Al Tamimi encouraged investors to make the most of the attractive stock prices and strong dividend yields but warned against engaging in speculative trading without sufficient experience, due to the associated high risks. Concluding his analysis of the market, Al Tamimi said that the general index is now approaching its next technical resistance level at 11,500 points. If this level is breached, the index could move higher toward the next resistance mark of 11,917 points, indicating a continued upward trajectory if the market momentum remains intact. The strong performance of the QSE this week, underpinned by improving fundamentals, rising foreign inflows, and increased trading activity, signals growing confidence in the market. If these trends persist, the Qatari stock market could continue to deliver solid returns and attract further regional and international investment.


Qatar Tribune
6 days ago
- Qatar Tribune
Ezdan posts net profit of QR422.9 mn in Q2
Ezdan Holding Group announced its financial results for the second quarter ended June 30, 2025, showing a net profit of QR 422.9 million during Q2-2025 compared to QR176.5 million in Q2-2024. The earnings per share reached QR0.016 in Q2-2025 compared to QR0.007 in Q2-2024.