Qatar Business

Doha, Qatar: The Ministry of Commerce and Industry (MOCI) has issued a circular compelling operators of commercial, industrial, and public establishments to record the prices of commodities and services on the ministry's website through online services. The move is part of MOCI’s efforts to promote the business environment and ensure transparent pricing in the domestic market. The circular aims to enable operators to easily record and update price data via the website, contributing to the development of an accurate and up-to-date nationwide database of commodity and service prices, the ministry highlighted in a statement on Sunday. The statement further indicated that this procedure supports digital transformation efforts and enhances the mechanisms for monitoring prices in the domestic market, fostering transaction transparency while maintaining a balance between the interests of businesses and consumers. In addition, MOCI stressed the importance of accuracy in the data submitted during the registration process, in accordance with the provisions of Law No. 12 of 1972 regarding compulsory pricing and profit margin regulations and their amendments, particularly Articles (1), (6), (9), and (10), which govern suppliers' obligations in alignment with the law and its executive regulations. The ministry further noted that it will continue to coordinate with operators of commercial activities to streamline the registration process and ensure enforcement of the relevant measures, in pursuit of stabilizing the market and safeguarding consumers' rights.

Qatar Business

Doha: Qatar Industrial Manufacturing Company (QIMC), a publicly listed firm, reported a 19.3 percent drop in net profit for the first nine months of 2025, totaling QR 92.44 million, down from QR 114.6 million during the same period last year. According to data published Sunday on the Qatar Stock Exchange website, earnings per share fell to QR 0.19 for the period ending September 30, compared to QR 0.24 a year earlier.

Qatar Business

Doha, Qatar: QNB, the largest financial institution in the Middle East and Africa, is proud to announce that its Policies and Procedures Department within the Operations Control Division has been officially awarded the ISO 9001:2015 certification for Quality Management Systems. This recognition, granted by an internationally accredited certification body, underscores QNB’s unwavering commitment to operational excellence, process efficiency, and customer satisfaction. The ISO 9001:2015 certification confirms that the QNB’s Policies and Procedures Department has implemented a robust and globally recognized Quality Management System (QMS) that meets the highest international standards. This achievement reflects the department’s strategic focus on continuous improvement, risk management, and quality-driven governance across all operational frameworks. Achieving ISO 9001:2015 is more than a certification; it’s a statement of QNB’s culture of excellence. It validates the systematic, transparent, and customer-focused approach that drives how we design, implement, and enhance our internal processes. This recognition reinforces QNB’s position as a benchmark for quality and reliability in the financial sector.” With this certification, the department strengthens QNB’s ability to ensure consistency and quality across all operational and procedural frameworks; enhance efficiency and compliance and also reduce duplication and error. It also promotes a culture of continuous improvement and accountability, while increasing stakeholder confidence through independent validation of internal standards and supporting QNB’s wider vision of operational excellence and sustainable growth. Through ISO 9001:2015, QNB is not only achieving a one milestone but it an ongoing commitment to maintaining and improving quality through regular audits, performance measurement, and feedback-driven enhancement. This achievement reinforces QNB’s dedication to delivering excellence in every operational process, ensuring the bank continues to meet and exceed both international standards and customer expectations. One of the most valuable banking brands in the region, QNB Group operates in more than 28 countries across Asia, Europe and Africa, providing tailored banking products and services, supported by a workforce of over 31,000 professionals.