QATAR GENERAL INSURANCE BOARD APPROVES THE TERMS SHEET FROM QNB

19/04/2015 16:34 AST

The Board of Directors of Qatar General Insurance and Reinsurance Co has agreed in their meeting held on April18, 2015 the Terms Sheet proposed by Qatar National Bank for funding Mozoon Real Estate an amount of QR 2,550 million, and authorize the Chairman to sign on behalf of the Company the necessary documentation to complete the facility agreement.

Mozoon Real Estate is a subsidiary company of Qatar General Holding Company, a wholly owned subsidiary of "Qatar General Insurance & Reinsurance Company".

It was established in the year 2009 by "Qatar General Holding Company" and "Al-Sari Trading Company", as each one owns 50% of the company''''s capital. The purpose of this company is to develop the plot of land located in the Doha City- Al-Dafnah area which is owned equally by "Qatar General Insurance & Reinsurance Company" and "Al-Sari Trading Company".


Qatar Exchange

News

QGIRCO's Algerian project in final phase

15/03/2018

Qatar General Insurance and Reinsurance Company (QGIRCO), which is developing a huge real estate project in Algeria, is expecting it to be completed by the end of this year.

QGIRCO, with di

The Peninsula

QGIRCO shareholders approve 22% dividend proposal

13/03/2018

The ordinary and extraordinary general assembly meetings of Qatar General Insurance & Reinsurance Company (QGIRCO) were held at the Marriott Hotel in Doha yesterday. Qatar General Insurance & Reinsur

Gulf Times

Foreign ownership limit in QGRI raised to 49%

23/04/2015

Foreign shareholders can now hold up to 49% in Qatar General and Reinsurance Company.

The Qatar Central Securities Depository (QCSD) has amended the foreign ownership limit (FOL) in the sh

Gulf Times

Most Viewed Companies

Ticker Price Volume

Valuation

QGRI Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
BUPAARABIA 185.00 -6.00 (-3.15%)
TAWUNIYA 156.50 -3.90 (-2.44%)
RASAN 154.80 -3.30 (-2.09%)
ALRAJHITAKAFUL 116.20 -2.80 (-2.36%)
QATI 2.12 -0.05 (-2.31%)

Recent News

InvestGB expands access to private equity opportunities through partnership with CVC

22/06/2026

Gulf Capital Investment Company KSCC "InvestGB", the investment arm of Gulf Bank, announced the expansion of its private equity investment offering through its strategic partnership with CVC, structu

Kuwait Times

Al Ansari Financial Services reaches 1,000 UAE national employees milestone

22/06/2026

Al Ansari Financial Services (AAFS), a leading financial institution in the GCC, has reached a milestone of 1,000 UAE national employees across its businesses, reflecting one of the largest Emiratisa

Trade Arabia

Bank Nizwa backs landmark Oman India Fertiliser Company share sale

22/06/2026

Leading Omani bank Nizwa has joined the initial public offering (IPO) of Oman India Fertiliser Company (Omifco) as a collecting bank, expanding its involvement in the sultante's capital markets follo

Trade Arabia

Knowledge Economic City gets funding for Islamic World District project

19/06/2026

Knowledge Economic City has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund construction work on the first phase

Trade Arabia

e& plans world's first commercial U6GHz network in UAE

19/06/2026

e& UAE today announced it has awarded a contract to a strategic infrastructure partner to roll out the world's first commercial mobile network using Upper 6GHz (U6GHz) 256TRX Giga-MIMO technology. <

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap