QATAR: Qatar International Islamic Bank (QIIB) posted a 2.9% increase in its first-quarter net profit of QAR141 million (US$39 million) this year. The profit is attributed to the active engagement of the bank in different sectors of the Qatari economy and the proper utilization of its resources. QIIB’s total revenues from financing activities climbed 20% to reach QAR209 million (US$57 million).