Latest news with #QAR1.7
BusinessToday
19-05-2025
- Business
- BusinessToday
Qatar Airways Reports Record-Breaking Profit of US$2.15 Billion For FY24/FY25
Qatar Airways Group has announced the strongest financial results in its history, posting a record net profit of QAR7.85 billion (US$2.15 billion) for the fiscal year 2024/2025 (FY24/FY25), a significant year-on-year increase of over QAR1.7 billion (US$0.5 billion). The group's stellar performance spans across its entire ecosystem, including Qatar Airways Cargo, Qatar Duty Free and catering services, and reflects the group's strategic agility, robust digital transformation and unwavering commitment to service excellence. 'This exceptional achievement is a direct result of the dedication, skill and resilience of our global workforce. 'Our performance this year validates the strategic direction set out under Qatar Airways 2.0, with a clear focus on people, innovation and partnerships,' Group Chief Executive Officer Engr. Badr Mohammed Al-Meer said. Key Milestones and Strategic Achievements: 28% increase in Group profit over the previous financial year. Major expansion of Hamad International Airport, now capable of handling 65 million passengers annually. First global airline and MENA carrier to install Starlink super-fast WiFi on its Boeing 777 fleet. Acquisition of 25% stakes in both Virgin Australia and South African regional carrier Airlink, expanding the group's global footprint. Introduction of conversational artificial intelligence in Sama, the world's first digital cabin crew. Multiple technical memoranda of understandings signed, aimed at future-proofing and diversifying group operations in alignment with Qatar National Vision 2030. Looking ahead, Al-Meer reaffirmed the airline's commitment to innovation and sustainability, saying, 'Our financial strength enables us to invest in the future — in new technologies, better experiences and sustainable growth that benefits both our customers and the industry at large.' Related
Zawya
31-03-2025
- Business
- Zawya
Qatari Diar unveils waterfront townhouses at Downtown Lusail
Qatari Diar Real Estate Investment Company has unveiled the launch of exclusive, upscale waterfront townhouses at The Seef in Downtown Lusail, located in the vibrant heart of Lusail's waterfront district. These luxurious residences offer stunning sea views and an exceptional lifestyle for both investors and residents. The Seef presents a rare investment opportunity, with prices for the townhouses starting at QAR 3.4 million ($921,924) and apartments from QAR1.7 million ($460,962). Lusail's dynamic real estate market offers substantial growth potential for investors. The Seef provides freehold ownership and residency, making it an attractive option for foreign investors. With mortgage financing options available through leading local banks, along with direct payment plans offering 0% interest from Qatari Diar - spanning up to 6 years for apartments and 4 years for townhouses -owning a property in The Seef has never been more accessible. The Seef project represents the perfect blend of modern design and integrated services that meet the aspirations of investors seeking quality of life and luxury. According to Qatari Diar, the ready-to-move-in townhouses offer a new concept of contemporary living, thanks to their stunning sea views of the Qetaifan Islands and the breathtaking skyline of Lusail City. Lusail is known for its advanced infrastructure and futuristic designs, making it a place that combines smart and sustainable living in urban areas while offering a distinctive residential experience that blends luxury and innovation. Additionally, the project features a range of integrated amenities, including sky bridge swimming pools, a fitness club, children's playgrounds, squash courts, beach access, and peaceful walking paths. The project's prime location offers easy access to major road networks, public transportation, shopping centers, healthcare facilities, and educational institutions in Lusail, said Qatari Diar in a statement. It is also conveniently close to key attractions in Qatar and Lusail, such as Meryal Waterpark (the largest in Qatar), Lusail Marina, and Place Vendôme Mall, all just minutes away from some of the most modern destinations in Qatar. This provides residents with unmatched conveniences, placing the full potential of Lusail's vibrant and dynamic city life at their doorstep, it added. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
29-03-2025
- Business
- Trade Arabia
Qatari Diar unveils waterfront townhouses at Downtown Lusail
Qatari Diar Real Estate Investment Company has unveiled the launch of exclusive, upscale waterfront townhouses at The Seef in Downtown Lusail, located in the vibrant heart of Lusail's waterfront district. These luxurious residences offer stunning sea views and an exceptional lifestyle for both investors and residents. The Seef presents a rare investment opportunity, with prices for the townhouses starting at QAR 3.4 million ($921,924) and apartments from QAR1.7 million ($460,962). Lusail's dynamic real estate market offers substantial growth potential for investors. The Seef provides freehold ownership and residency, making it an attractive option for foreign investors. With mortgage financing options available through leading local banks, along with direct payment plans offering 0% interest from Qatari Diar - spanning up to 6 years for apartments and 4 years for townhouses -owning a property in The Seef has never been more accessible. The Seef project represents the perfect blend of modern design and integrated services that meet the aspirations of investors seeking quality of life and luxury. According to Qatari Diar, the ready-to-move-in townhouses offer a new concept of contemporary living, thanks to their stunning sea views of the Qetaifan Islands and the breathtaking skyline of Lusail City. Lusail is known for its advanced infrastructure and futuristic designs, making it a place that combines smart and sustainable living in urban areas while offering a distinctive residential experience that blends luxury and innovation. Additionally, the project features a range of integrated amenities, including sky bridge swimming pools, a fitness club, children's playgrounds, squash courts, beach access, and peaceful walking paths. The project's prime location offers easy access to major road networks, public transportation, shopping centers, healthcare facilities, and educational institutions in Lusail, said Qatari Diar in a statement. It is also conveniently close to key attractions in Qatar and Lusail, such as Meryal Waterpark (the largest in Qatar), Lusail Marina, and Place Vendôme Mall, all just minutes away from some of the most modern destinations in Qatar.
