Latest news with #AlMeera
Qatar Tribune
3 days ago
- Business
- Qatar Tribune
QCB announces availability of Eidiya ATMs at 10 locations
DOHA: Qatar Central Bank (QCB) has announced the availability of Eidiya ATMs at 10 locations across the country from Friday, May 30. The ATMs dispense banknotes of QR5, QR10, QR50 and QR100 denominations. Eidiya ATMs are available at Place Vendome, Mall of Qatar, Al Wakrah Old Souq, Doha Festival City (DFC), Al Hazm Mall, Al Mirqab Mall, West Walk, Al Khor Mall, Al Meera (Muaither) and Al Meera (Al Thumama). QCB's Eidiya ATM service aims to preserve the Qatari culture and heritage by bringing back the traditional practice of Eidi, which is usually money or gift given to children.
Qatar Tribune
3 days ago
- Business
- Qatar Tribune
Eidiya ATMs available at 10 locations from today
Tribune News Network Doha The Qatar Central Bank (QCB) has announced the availability of Eidiya ATMs at 10 locations across the country from Friday, May 30. The ATMs dispense banknotes in QR5, QR10, QR50 and QR100 denominations. Eidiya ATMs are available at Place Vendome, Mall of Qatar, Al Wakrah Old Souq, Doha Festival City (DFC), Al Hazm Mall, Al Mirqab Mall, West Walk, Al Khor Mall, Al Meera (Muaither) and Al Meera (Al Thumama). QCB's Eidiya ATM service aims to preserve the Qatari culture and heritage by bringing back the traditional practice of Eidi, which is usually money or gift given to children.
Zawya
17-04-2025
- Business
- Zawya
Qatar: Al Meera AGM approves cash dividend for 2024
Doha, Qatar: Al Meera Consumer Goods Company convened its Annual General Assembly Meeting for the fiscal year 2024 this Monday, corresponding to 14 April, at Radisson Blu Hotel. The meeting was held with the esteemed presence of members of the Board, Al Meera management, and a significant number of shareholders. At the commencement of the assembly, Jassim Al Surour, Director of Administrative Affairs and Human Resources, extended a warm welcome to all attendees. He conveyed his sincere gratitude and profound appreciation to Amir H H Sheikh Tamim bin Hamad Al Thani for his visionary guidance and unwavering leadership, which have been instrumental in the continued growth and development of the State of Qatar. The assembly included reviewing and approving the Board of Directors' report and the company's financial statements for the fiscal year ending December 31, 2024. The company's future strategic plans were also approved. Shareholders granted approval to discharge the Board of Directors from liability and determined their remuneration for the same fiscal year. Furthermore, the assembly ratified the Board's recommendation for cash dividends of QR0.85 per share. The external auditor's report for 2024 was approved, and the external auditor for the fiscal year 2025 was appointed, with their fees duly determined. Highlighting the company's strong financial performance in 2024, consolidated sales reached QR2.81bn, and total gross profits increased by 2.1% to QR560.3m compared to the previous year. Revenues from outlet rentals amounted to QR79m, resulting in a net profit attributable to shareholders of QR183.4m, equating to earnings per share of QR0.89. Concluding the meeting, shareholders elected the members of the Board of Directors who will serve for the three-year term from 2025 to 2027. The two members who represent Qatar Holding's stake in the Board of Directors of the Company for the next session were appointed by Qatar Investment Authority as follows: H E Essa Hilal Al Kuwari, Chairman and Mubarak Abdulaziz Al Khulaifi, Member. Shareholders also elected the following members: Prof. Khalid Ibrahim M B Al-Sulaiti, Khalid Hamed A M Al-Hababi, White Rock Trading and Contracting Company, represented by Shiekh Fahad Falah J J Al-Thani, Fakhroo Holding Company, Tariq Abdullatif H M Al-Jaber. Reflecting on the company's strong performance in 2024, Al Meera commented: 'In 2024, Al Meera continued to achieve multiple milestones in many areas, particularly for the customer shopping experience, which saw a new concept for shopping in branches that keeps pace with the latest international standards and offers a modern vision for the world of retail. In line with our constant efforts to reach all consumers, embodying our slogan 'Your Favorite Neighborhood Retailer', we opened the new Ain Khaled/Umm Al Seneem branch, featuring a modern design and technological advancements that align with our ambitious strategy for future expansion. We also renovated the Hazm Al Markhiya branch, along with several other branches, to offer customers a variety of sections that meet their growing and diverse needs whilst providing them with a smooth and enjoyable shopping experience. Digital transformation cannot be overlooked in these achievements either, such as the opening of the first self-service smart store, 'Al Meera Smart,' and the introduction of smart shopping carts, a first-of-its-kind in the Middle East. We also expanded the integration of the SAP system into our operational system, which we began implementing in 2023 to manage business and inventory. 'We are enthusiastic about continuing our expansion and development, both digitally and through our physical presence, as well as enriching the in-branch shopping experience. Our priority remains to facilitate consumer access to essential, high-quality goods at competitive prices. We extend our sincere thanks to the outgoing Board members and welcome the new members who will serve from 2025 to 2027, and wish them every success. We also thank our dedicated team for their hard work and efforts to meet the needs of our customers and the dynamic market we serve. Finally, we of course say a huge thank you to our valued customers for their continued loyalty to Al Meera.' Al Meera's Annual General Assembly Meeting also outlined the company's ambitious expansion plans for 2025, which are already well underway prior to the release of the 2024 annual report. This includes the successful opening of new branches in Mansoura and Al Thumama South. Furthermore, Al Meera is actively enhancing its digital offerings, with ongoing development of the Meera Rewards app to include more attractive offers, rewards, and an improved user experience, alongside the continued advancement of Al Meera Online, and the strategic expansion of the delivery service to reach new areas across the country. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Zawya
16-04-2025
- Business
- Zawya
Qatar: Al Meera embarks on digitising platforms, expanding self-checkout
Qatar - Al Meera Consumer Goods Company is strengthening efforts to digitise platforms and expand self-checkout as part of its continued strategies to improve services to customers. "Looking towards the future, Al Meera's strategy remains centered on enhancing the customer experience by improving service, digitising platforms, expanding self-checkout, and upgrading store aesthetics," said its board report tabled before shareholders at the annual general assembly meeting, which approved the financial results and cash dividends of QR0.85 per share for 2024. Operationally, the focus would be on increasing efficiency and cost-effectiveness through technological advancements and streamlined processes to ensure operational excellence and deliver superior customer value, it said. "In line with our continuous ambition to expand the horizons of innovation as a key driver of sustainable growth, we have made significant progress in this direction through a long-term strategy and our ambitious journey toward comprehensive digital transformation," said Al Meera chairman Abdulla Abdulaziz Abdullah Turki al-Subaie in the 2024 report. During the review period, Al Meera strengthened its market presence both online and offline with its online and home delivery service contributing 5%–6% of total sales. Over the past year, Al Meera strengthened its position as a leader in advanced retail, continuing to adopt a sustainable innovation strategy with a focus on digital transformation, a focus that led to significant advancements in 2024. As part of its digital transformation, Al Meera had in 2024 introduced smart shopping carts, the first of their kind in Qatar. "Following the opening Al Meera Smart, a fully automated, check-out free branch in 2023, the first of its kind in Qatar and the region, we continued to advance our digital retail offering with the launch of smart shopping carts in January 2024, the first in Qatar, further enhancing the in-store experience and reinforcing our commitment to delivering innovative and seamless shopping solutions for our customers," according to al-Subaie. On the digital end, the company further integrated the SAP system into its operations, building upon the strategic partnership established with the global technology leader in 2023. This collaboration targets modernising Al Meera's branches and services with advanced cloud solutions, directly contributing to its operational excellence and expansion plans and enhancing the experience for both customers and employees, the board report said. Alongside its focus on innovation and sustainability, Al Meera remains firmly committed to supporting local industries, bringing together suppliers, businesses, and customers in a celebration of Qatari-made products, driving strong engagement across its store network. "Through targeted in-store promotions and marketing efforts, Al Meera reaffirmed its dedication to offering locally sourced goods while contributing to the development of Qatar's retail sector," the board said. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. ( Santhosh V. Perumal
Zawya
22-02-2025
- Business
- Zawya
Al Meera continues series of branch openings with new Al Mansoura branch
Doha, Qatar: Al Meera Consumer Goods Company (Q.P.S.C) is delighted to announce the opening of its latest branch in Al Mansoura, designed according to the highest modern standards to meet the needs of the residents of this area and the local community in general and enable them to have a more comfortable and distinctive shopping experience The launch event welcomed Mr. Roger Ferzli, Acting CEO of Al Meera, and H.E. Sheikha Al-Jufairi, member of the Shura Council, alongside Al Meera executives, local dignitaries and community members, who celebrated the addition of this state-of-the-art facility to the Al Meera network. This new branch embodies Al Meera's slogan, "Your Favorite Neighborhood Retailer," offering a modern shopping experience with advanced international facilities, where residents of the area and neighboring communities can find everything they need in one convenient location. Spanning 5,500 square meters, the new Al Mansoura branch is larger than its predecessor, which will close upon the new branch's opening, and offers customers a sophisticated Al Meera shopping experience, complete with a wide variety of fresh produce and everyday essentials to meet all their needs. This includes various products and services, such as fresh fruits and vegetables, a dedicated bakery, specialty meats at the butchery, and a variety of grocery items. In addition to its comprehensive retail offerings, the branch introduces a spacious 4,500-square-meter mezzanine floor, featuring a curated selection of tenants and a vibrant food court with diverse dining options. The inclusion of these outlets enhances the overall shopping experience, transforming the branch into a dynamic lifestyle destination that goes beyond traditional grocery shopping. Supporting the convenience of shoppers and visitors, the branch also features a 6,500-square-meter basement dedicated to parking, ensuring seamless access to the store. Reflecting Al Meera's commitment to innovation, the new branch is equipped with cutting-edge digital screens of various sizes, ensuring an immersive and engaging environment for shoppers. Strategically placed LED displays and TFT menu screens enhance navigation, promotions, and customer interactions, delivering a seamless blend of digital convenience and retail excellence. Al Meera commented on this milestone: "The opening of the Al Mansoura branch furthers our mission to enhance the well-being of the Qatari community by providing easy access to high-quality commodities and food products at competitive prices through an advanced shopping experience." This expansion reinforces Al Meera's status as Qatar's most trusted community partner, continually innovating to deliver a seamless shopping experience for every customer. About Al Meera Consumer Goods Company (Q.P.S.C.) Established in 2005, Al Meera Consumer Goods Company (Q.P.S.C.) aspires to be the leading retailer in Qatar, offering the best shopping experience to customers. Today, Al Meera operates the largest network of branches in the country, that provide a wide range of product mix and services to shoppers with the aim of becoming the most trusted retailer by choice. Currently, Al Meera's chain consists of over 69 branches and aims to fulfill customers' daily needs by building a presence in every neighborhood. Press Contacts Jasmin Afifi
