Comments
There are no comments.
Add Comments
Mannai Corporation has reported net profit of QR220mn on revenue of QR2.5bn in the first six months of this year.
The net profit decline was due to depressed market conditions in the retail/luxury segment and general economic slowdown, a Mannai spokesman said.
However, with diversified earnings potential from across the various business segments and geographies the group is cautiously optimistic of the future, he said.
The company concluded the acquisition of majority stake in GFI Informatique, a public listed company in France during the current year.
With this acquisition, Mannai is well positioned to become a truly global player with operations in Europe, Africa, Gulf Cooperation Council and Asia.
There are no comments.
SPORT Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.
TECHNOLOGY Some 60mn primary-school-age children have no access to formal education
CULTURE Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions
ARABIA The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged
ARABIA Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.
ARABIA The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.
ECONOMY Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.
