Qatar Navigation (Milaha) Q.S.C. today announced that it has received an approval from the Qatar Financial Markets Authority (QFMA) with regards to the company’s share re-purchase program. Milaha’s Board of Directors had previously approved the share re-purchase program of up to 5% of the outstanding shares of the company. Now…
Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the 9 months ended September 30th, 2013. Summary financial results are as follows: Operating revenues of QR 1.69 billion vs. QR 1.70 billion for the same period in 2012, a decrease of 0.2% year over year. Operating Profit of QR…
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…
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…
