Disclosure: April 21, 2021 – Doha, Qatar Qatar Navigation (Milaha) Q.P.S.C. announced that the Board of Directors approves the amendment of the Articles of Association to increase the percentage of non-Qatari ownership from 49% to 100% subject to the approval of the concerned official authorities and the Company’s Extra Ordinary General Assembly and according to…
Qatar Navigation (Milaha) Q.P.S.C. today announced its financial results for the three months ended March 31, 2021. Key financial highlights: Operating revenues of QAR 675 million for the three months ended March 31, 2021, compared to QR 692 million for the same period in 2020 Operating profit of QAR 131 million for the three months…
Milaha and Schlumberger held a virtual event to mark the commencement of operations of the first Qatari-owned offshore well stimulation vessel Halul-48, which symbolizes the strong capabilities of the Qatari supply chain infrastructure. The collaboration between the two companies aligns with “Tawteen”, the Supply Chain Localization Program for the energy sector in Qatar, led by…
As part of its strategy to improve its shares trading liquidity by facilitating increased market depth and trading volumes, Qatar Navigation QPSC (Milaha) announces that it has entered into a liquidity provision agreement with QNB Financial Services (QNBFS) after obtaining Qatar Financial Markets Authority (QFMA) approval and in accordance with the approved liquidity provisioning scheme.…
Milaha held its Annual General Assembly Meeting today at Milaha headquarters, during which Shareholders ratified all items on its agenda and approved the Company’s financial statements for the year ended December 31, 2020. During the General Assembly Meeting, the Shareholders approved the recommendation of the Board of Directors to distribute a cash dividend of 30%…
Qatar Navigation (Milaha) Q.P.S.C. today announced its financial results for the twelve months ended December 31, 2020. Key financial highlights: Operating revenues of QAR 2.27 billion for the twelve months ended December 31, 2020, compared to QAR 2.42 billion for the same period in 2019 Operating profit of QAR 279 million for the twelve months…
Given its awareness of the growing role of sports in enhancing the physical and mental health of its employees, Milaha, Qatar’s leading Maritime and Logistics provider, has organized various virtual sports events on the occasion of Qatar National Sports Day, which is considered an unprecedented, unique initiative in the region, celebrated annually on the second…
In recognition of its commitment to “world-class” health, safety and environmental management standards, Milaha, Qatar’s leading Maritime and Logistics Service provider, has been awarded from the British Safety Council the prestigious “Sword of Honour” for a third consecutive year and the “Globe of Honour” for a second consecutive year. Milaha has achieved in 2020 four…
Given its commitment to data protection and cybersecurity resilience; “Milaha”, Qatar’s leading Maritime and Logistics Service provider, has signed a 3-years partnership contract with “Malomatia”, the leading provider of Information Technology Services and Solutions, for the provision of cybersecurity managed services to enhance protection of Milaha information infrastructure against cyber threats. Under the partnership business…
Following its efforts to ensure the highest safety levels at workplaces, Milaha, Qatar’s leading Maritime and Logistics Service Provider has been certified by the British Safety Council for the quality of its COVID-19 corporate policies, procedures and protocols. As the global economy and all its business sectors continue to face the impacts of the COVID-19 global…