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Qatar First Investment Bank (QFIB) today announced that its Annual General Meeting has approved the Bank’s Audited Financial Results for the year ended 31 December 2009.
QFIB today announced that Chief Executive Officer, Mike de Graffenried would attend the 2010 Arab Investment Summit being held May 3-4 at the Park Rotana Hotel in Abu Dhabi, United Arab Emirates, and deliver a keynote address examining the economic new realities for banking, with a focus on Islamic banking.
QFIB is predicting that the Saudi Arabian market will have an influential role in developing the private equity (PE) market across the region. The days of highly leveraged buyouts (LBOs) have gone and it will be the family and entrepreneurial businesses looking for increased funding and management efficiencies who should take another look at what PE firms have to offer.
Qatar First Investment Bank (QFIB) today announced it will sponsor the 6th Annual Private Equity International (PEI) Middle East Forum 2010, opening tomorrow at the Jumeirah Beach Hotel, Dubai, UAE.
Qatar-based bankers and financiers heard today from Boeing and Qatar First Investment Bank that the health of the Middle East’s air-travel industry compared to other global regions continues to drive good investment opportunities in aircraft financing.
QFIB has signed an agreement to acquire a 71.3 % interest in Emirates National Factory for Plastic Industries L.L.C. (ENPI), a full-service flexible packaging manufacturer, largely through a capital injection. The total amount of the transaction was not disclosed.
QFIB has acquired a landmark building in a prime location in Doha from Al Jazeerah Islamic Company (AJIC), a Qatar based Shari’ah financial solutions provider to house its corporate headquarters. The acquisition of the building on Suhaim Bin Hamad Street in Doha’s thriving Al Saad area represents QFIB’s first real estate investment in Qatar.
QFIB has announced that it has recently acquired a 41% equity stake in Qatar Engineering & Construction Company, one of the largest Qatar based engineering firms specializing in executing engineering projects for the oil and gas industry. The acquisition transaction was signed a few days ago at a ceremony in Doha marking QFIB’s debut transaction in this sector and in Qatar.
A Consortium comprising of institutions from Qatar and Bahrain announces that it has acquired Qatar Engineering & Construction Company WLL (QCon), one of Qatar’s leading industrial engineering and construction contracting companies specialising in the Oil & Gas, Petrochemical, Power and other industrial infrastructure sectors.
Qatar First Investment Bank (QFIB) continues its “Ramadan Blessings” campaign by hosting an iftar for the Qatari Institution for Elderly Persons’ Care on Sunday to mark the forthcoming Eid El Fitr.
Qatar First Investment Bank (QFIB) continued its “Ramadan Blessings” campaign for the Holy Month of Ramadan on Saturday by hosting an iftar for the children of the Dhreima Friends Club to celebrate the Garangaou.
QFIB announces the launch of “Ramadan Blessings” a special campaign during the Holy Month of Ramadan as part of its corporate social responsibility. “Ramadan Blessings” campaign will include a series of social activities that aim to promote solidarity and brotherhood during this special month by bringing QFIB employees and families closer to the less fortunate members of society.
Qatar First Investment Bank (QFIB) has signed its first business transaction, a partnership agreement with Nobles Properties, the leader in real estate development company based in Dubai.
Qatar First Investment Bank (QFIB), a new fully Shari’ah compliant Investment Bank, celebrated its launch with a stunning ceremony at the Museum of Islamic Art in Doha, with a keynote speech by former US President Bill Clinton.
