QIMC buys Qatar Oman Investment's 7% stake in QALEX

22/09/2025 06:16 AST

Qatar Industrial Manufacturing Company (QIMC) has signed an agreement to purchase a 7% stake held by Qatar Oman Investment Company in Qatar Aluminum Extrusion Company (QALEX), bringing its total stake to 52%.

QIMC hopes this deal will have a positive impact on the company's profits and shareholder dividends in the medium term, it said in a communique to the Qatar Stock Exchange.

Abdulrahman Al Ansari, chief executive officer of QIMC, said QALEX was established in 2009 with a capital of QR100mn.

The company produces 30,000 tons of aluminum profiles in various shapes and colors annually to meet the needs of the local market, which is witnessing increasing growth in the construction sector.

The company exports its products to more than 20 countries in view of its quality and competitive prices.


Gulf Times

News

QIMC posts 19% profit decline in first nine months of 2025

27/10/2025

Qatar Industrial Manufacturing Company (QIMC), a publicly listed firm, reported a 19.3 percent drop in net profit for the first nine months of 2025, totaling QR 92.44 million, down from QR 114.6 mill

The Peninsula

IQ net profit grows almost 12% to QR3.3bn

13/02/2018

Industries Qatar (IQ), one of the region's industrial giants with interests in the production of a wide range of petrochemical, fertilizer and steel products, reported a net profit of QR3.3bn and ear

The Peninsula

Qatar Industrial Manufacturing Company records QR206.1m net profit for 2017

12/02/2018

Qatar Industrial Manufacturing Company (QIMC) has posted a net profit of QR206.1m for the year ended December 31, 2017, up from QR193.8m reported a year ago. The total equity of the company's shareho

The Peninsula

Most Viewed Companies

Ticker Price Volume

Valuation

QIMD Sector Market
P/E
Price/BookValue
Dividend Yield (%)

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
IQCD 11.93 0.03 (0.25%)
QEWS 14.67 -0.12 (-0.82%)
IGRD 3.95 -0.07 (-1.75%)
MPHC 1.21 0.00 (0.00%)
OQBI 0.29 0.00 (0.00%)

Recent News

Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

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