Doha: Commercial Bank of Qatar, announced yesterday that it has partnered with Qatar Industrial Manufacturing Company (QIMC) in a dividend distribution agreement.
The agreement, which was ratified during a signing ceremony yesterday, allows Commercialbank to provide administration services for QIMC's dividend distribution. The agreement was signed by Abduljalil Borhani, EGM, Chief Strategic Client Officer, Commercialbank and AbdulRahman Al Ansari, CEO, QIMC.
AbdulRahman said: "At QIMC, we are committed to distributing dividends with optimum efficiency to our shareholders. Commercialbank is recognized as one of the leading banks for dividend distribution, thanks to their advanced systems and a well established set of best practices that are in place. Undertaking the distribution process is a serious responsibility and we believe that Commercialbank can provide this service to us in the most trustworthy and professional manner possible. We are proud to sign up with Commercialbank as a business partner and look forward to a productive alliance through this landmark joint effort."
Abduljalil said: "Providing services aligned with international best practice is a major part of our commitment to building relationships with the key industries that drive Qatar's development. We are indeed proud to be entrusted with this responsibility. This initiative is a good example of how we can bring together the resources of public and private sectors to work together to deliver real value for QIMC's customers and for our business. We look forward to this collaboration with QIMC."
Jumbo Electronics offers extended warranty service
Doha: Jumbo Electronics, the largest electronics retail chain in Qatar, as part of customer care has introduced extended warranty service and could be opted for selected product ranges such as window air conditioners, wall mounted split air conditioners, washing machines, dish washers, laptops and LCD /LED TVs.
C V Rappai, Director & General Manager of Video Home & Jumbo Electronics, said: "It is our ambition to provide best customer care in the country for electronics and this is one of the many steps we have taken towards this goal. The first stage of extended warranty service will be applicable for purchases from the Jumbo Retail chain and is expected to be extended to the sales through hypermarkets & dealer network shortly..
Since it is an extension of the normal warranty, same terms and conditions as the original warranty will be applicable. Therefore, the benefits of extended warranty are that it is zero repair cost and unlimited service calls with a quick and hassle-free service. Jumbo Electronics, who celebrated their 30th year of serving the Qatar market, recently launched the LG extended service hours from 8am to 12 midnight as another gesture of enhanced service to loyal customers. Jumbo's extended services are backed by the service support of professionally trained technicians and a fully fledged centralized service facility with over 200 staff.
© The Peninsula 2011
