Qatar Navigation Q.S.C. (Milaha) would like to announce the end of its 6-month buyback period in 30th November 2013 as per the regulations of Qatar Financial Markets Authority (QFMA), whereas Milaha has bought 908,725 shares which accounted for 0.8% of its total outstanding shares.
Qatar Shipping, a wholly owned subsidiary of Milaha, has secured a 12 year US $425 million (equivalent to QAR 1.55 billion) fixed-term ship financing facility with a consortium of the following banks: The Bank of Tokyo Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation Europe Limited, Sumitomo Mitsui…
Milaha organized a group-wide Sports Day on Tuesday, February 11, 2014 at the Al Arabi Sports Club in Doha to mark Qatar’s celebration of National Sports Day and in support of the government’s vision to establish the country as a premier global sports hub. Now in its third year, Milaha’s…
Qatar Navigation (Milaha) Q.S.C. today announced its financial results for year ended December 31st, 2013. Summary financial results are as follows: Operating Revenues of QR 2.24 billion vs. QR 2.29 billion for the same period in 2012, a modest decrease of 2% year over year. Operating Profit of QR 647…
Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.J.S.C. signed a 2-year agreement with Qatar Navigation Q.S.C. (Milaha) to transport petrochemicals exports from Qatar. The agreement covers the containerized exports of polymers and melamine for Muntajat from Mesaieed to key hub ports in the region, from where major international…