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$523,560
Qatar National Bank
Qatar
Qatar National Bank, the Persian Gulf country's biggest lender by assets, posted a 36 percent rise in second-quarter profit, beating analysts' forecasts. Net income for the quarter ended June 30 advanced to $395m, which translates into an impressive productivity score of $523,560 for each of its 1337 employees.
The results reflect the implementation of several business objectives, including international expansion plans and an "effective risk management framework that was vital in avoiding the negative consequences of the international financial crisis," said Ali Shareef Al Emadi, Qatar National's group chief executive officer.
Qatar Investment Authority, the nation's sovereign wealth fund, owns a 62.5 percent stake in Qatar National Bank, part of the government's drive to aid its banking community through the global financial crisis.
Qatar National Bank
Qatar
Qatar National Bank, the Persian Gulf country's biggest lender by assets, posted a 36 percent rise in second-quarter profit, beating analysts' forecasts. Net income for the quarter ended June 30 advanced to $395m, which translates into an impressive productivity score of $523,560 for each of its 1337 employees.
The results reflect the implementation of several business objectives, including international expansion plans and an "effective risk management framework that was vital in avoiding the negative consequences of the international financial crisis," said Ali Shareef Al Emadi, Qatar National's group chief executive officer.
Qatar Investment Authority, the nation's sovereign wealth fund, owns a 62.5 percent stake in Qatar National Bank, part of the government's drive to aid its banking community through the global financial crisis.
leader
Posted by mansour, jubail, saudi arabia on 2 October 2010 at 10:25 UAE time
when you meet Fahad for the first time you know right away he is different, he is a leader and his personality is very strong that you love working with him.
Abu Nawaf all the best.
Posted by mansour, jubail, saudi arabia on 2 October 2010 at 10:25 UAE time
when you meet Fahad for the first time you know right away he is different, he is a leader and his personality is very strong that you love working with him.
Abu Nawaf all the best.
The Gulfs most efficient CEO's
Posted by samih Alameddine on 2 October 2010 at 10:01 UAE time
While reading this article I began to think of all the potential possibility of the offering of corporate sigma. I am now on chapter 4 in the book and look forward to completing it soon. I also saw your new site looks fantastic and also rich in content. I hope we can be on the same team.
Best Regards
Posted by samih Alameddine on 2 October 2010 at 10:01 UAE time
While reading this article I began to think of all the potential possibility of the offering of corporate sigma. I am now on chapter 4 in the book and look forward to completing it soon. I also saw your new site looks fantastic and also rich in content. I hope we can be on the same team.
Best Regards
Saudi Kayan
Posted by Hareesh, Jubail, Saudi Arabia on 29 September 2010 at 09:12 UAE time
Each of us in Saudi Kayan feel proud on successfull completion of important milestones one after the other. Exemplary team work and resultant commitment is behind this steady progress and very promising success.
Posted by Hareesh, Jubail, Saudi Arabia on 29 September 2010 at 09:12 UAE time
Each of us in Saudi Kayan feel proud on successfull completion of important milestones one after the other. Exemplary team work and resultant commitment is behind this steady progress and very promising success.
Efficient CEOs-Mahdi Bogami
Posted by Karigar Hisamuddin Suleman, jubail, saudi arabia on 28 September 2010 at 17:01 UAE time
To jump high, we need to take few steps back.
Inshaallah in next survey we will find saudi kayan & Mr.Mahdi al Bogami in top 5 CEO.
Posted by Karigar Hisamuddin Suleman, jubail, saudi arabia on 28 September 2010 at 17:01 UAE time
To jump high, we need to take few steps back.
Inshaallah in next survey we will find saudi kayan & Mr.Mahdi al Bogami in top 5 CEO.
Saudi Kayan start-up and production
Posted by Saud, Jubail, Saudi Arabia on 28 September 2010 at 13:34 UAE time
Saudi Kayan is the largest petrochemical complex in the middle east. The successful start-up of this complex reflects professionalism, deication and commitment to business. We hope for Saudi Kayan a bright future as such becoming the Number one contenders in the middle east.
Posted by Saud, Jubail, Saudi Arabia on 28 September 2010 at 13:34 UAE time
Saudi Kayan is the largest petrochemical complex in the middle east. The successful start-up of this complex reflects professionalism, deication and commitment to business. We hope for Saudi Kayan a bright future as such becoming the Number one contenders in the middle east.
Saudi Kayan - Losses in 1H 2010
Posted by Raymond Tiruchelvam, Al-Jubail, Saudi Arabia on 28 September 2010 at 09:33 UAE time
Saudi Kayan although being a 4 year old company, only started commercial production operations in August 2010, and thus recorded losses in the earlier period. The profit shown in 2008 basically represents commissions earned from the IPO funds while the plant was being constructed. This should be reflected accordingly in the comments.
Posted by Raymond Tiruchelvam, Al-Jubail, Saudi Arabia on 28 September 2010 at 09:33 UAE time
Saudi Kayan although being a 4 year old company, only started commercial production operations in August 2010, and thus recorded losses in the earlier period. The profit shown in 2008 basically represents commissions earned from the IPO funds while the plant was being constructed. This should be reflected accordingly in the comments.