Home » Economy » Qatar’s “Bima” profits rise 25% in the second quarter, supported by insurance revenues | Corporate News

Qatar’s “Bima” profits rise 25% in the second quarter, supported by insurance revenues | Corporate News

The profits of the Qatari Islamic Insurance Company “Beema” in the second quarter of 2022 increased by 25.5% on an annual basis to regarding 18.4 million riyals.
While the company’s net profit at the end of the first half of this year grew by 30% compared to the first six months of 2021, reaching 31.9 million riyals, supported by an increase in revenues by 25% to 55.9 million riyals.

In December 2021, the company’s extraordinary general assembly agreed to convert the company into a public joint stock company in preparation for offering its shares for public subscription and listing on the Qatar Stock Exchange later this year.

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