FINANCIAL NEWS

Qatar Insurance profits drop by 32pct in Q3

19 Oct 2016

(MENAFN) Qatar Islamic Insurance recorded a 31.7 percent year-on-year fall in the third quarter revenues.Moreover, profits reached USD4mn in the cited quarter of this year, compared to USD5.8mn in the same period of 2015.Additionally, in the Jan-Sep period of this year, revenues dropped by 26.9 percent to QAR50.117mn from QAR71.212mn in 2015.

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