Mr. Waleed Jassim Al-Mossallam, the CEO of Dlala Holding, announced that the company achieved net profits for the period ended March 31, 2008, amounts 14,7 million Riyals, which increased by 243,6% comparing by the same period of the last year. Mr. Al-Mossallam indicated that this result is compatible with the policy that the company follow to promote its services.

Mr. Al-Mossallam added that the first three months of 2008 witnessed an integrated development for each aspect of the company, which led to increase the customer base within the State  of Qatar. In addition to the foreign investment portfolios that trust the company because of the company’s interest in the electronic trading systems, protection, and application of systems and international laws.

Mr. Al-Mossallam, in the press conference held by the company on Monday 15.04.2008 In order to announce the financial results for the first quarter of 2008, indicated that the return on share was 73,0 QR against 21,0 for the same period of the last year, which reflects the continuous growth that the company achieving, this growth which cope with the booming of the Qatar economy At the meantime Mr. Al-Mossallam confirmed that the company in interested in attracting the international investment portfolios and making strategic partnerships, as well as the interest in the local customers via improving the services submitted to them such as ordering services via telephone and trading through the internet, which was first introduced in the Doha Security Market by Dlala.

The CEO stated that among the reasons, which make the employees work hard, sincerely,  and provide exceptional services is a strong Board of Directors represents nine of the greatest financial institutions in the State of Qatar, which give confidence and strong boost the company’s work team.

It is worthy to mention that Mr. Al-Mossallam was appointed as a CEO for Dlala Holding CO 26 of the last December, he is one of the Qatari effective persons, he has long experience in the stock market and investment.

Mr. Al-Mossallam worked in the Qatar National Bank for the period from 1993 until 2005 at the grade of assistant general manger and Director of the investment department, as he now occupies position of member of board of the Doha Securities Market. Mr. Al-Mossallam was  granted the bachelor of Business Administration from the United States of America in 1989, a Bachelor of Economy in 1990, and MBA, focus on Finance in 1992