Qatar Navigation Q.S.C. today announced the financial results for the nine months ended September 30, 2011. Summary financial results for the third quarter of 2011 are as follows: Operating revenues of QR 1,669 million vs. same period in 2010 of QR 1,535 million. This represents a 9% increase year over…
Qatar Navigation has announced a 60 per cent increase in the basic salary and allowance of its Qatari employees. The pay raise decision will be effective from first of September, 2011 in line with the Emiri decision No 50 of 2011. HE Sheikh Ali bin Jassim bin Mohammad Al Thani,…
Qatar Navigation Q.S.C. today announced that its fully-owned subsidiary, Qatar Shipping Co., has been awarded a QAR 1.875 billion contract by Qatar Petroleum. Under the terms of the contract, Qatar Shipping will provide and operate harbor tugs, pilot boats and mooring gangs for Mesaieed Port for a period of 20…
Qatar Navigation Q.S.C. today announced the financial results for the first half of 2011, which ended on June 30. Summary financial results for the first half of 2011 are as follows: Operating revenues of QR 1.1 billion vs. same period in 2010 of QR 1 billion. Operating Profit of QR…
Qatar Navigation has recently completed a comprehensive review of its current business and revised its long term strategy. The company retained Roland Berger Strategy Consultants in September 2010 to conduct an in-depth review of both the markets in which it operates as well as potential future markets where it believes…
