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عربي

Al Dar for Exchange Works

  
Also known as: Al Dar, Al Dar Exchange
 
 
 
 
 
 
 
 
Updated: Dec 30, 2011
 
 
 
Country

Qatar

Ownership Type
Company Type
Limited Liability
 
 
 
Zawya Industry Classifications (ZIC)
Sector Industry

Financial Services

 
Principal Activities
Provides Islamic foreign exchange and money transfer.
 
Date of Establishment Year
2005
 
No of Employees
130 Company, 40 Headquarters (As of Dec 27, 2011)
 
Branches
Qatar (13)    
 
 
Contact Details
Address:
Ismail Bin Ali Building Number 223
1st Floor, Office Number 2
C Ring Road
41 Nuaija, Al Hilal West Area
P.O. Box 24048
Doha 
Qatar
 
Tel:
+974 44-550455
 
Fax:
+974 44-550888
 
Email:
aldar@aldarexchange.com
 
Website:
www.aldarexchange.com

 
 
 M&A Details
 
Acquistion
 
Status
Cancelled
 
Acquirer
 
Target
 
Announcement Date
30 Oct 2011
 
Closing Date
30 Oct 2011
 
 
 Major Shareholders   
Name   Type  Country  Holding 
Government of Qatar  Government Qatar 33.00% 
Other investors   - 67.00% 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Modern Exchange Company [MEC] Oman 50.00%
 
 
 Representatives
Auditors
KPMG Qatar  
Banks
Standard Chartered (Middle East and North Africa) Ahli Bank
HSBC Bank Middle East  
 
 
 Financial Results  31-Dec-08  31-Dec-09   Yr on Yr 
  QAR'000 QAR'000 change (%)
Paid-up capital 100,000 100,000 0.00