27 Nov 2021
Qatar First Bank Participates as a Private Investor in a Silicon Valley AI Technology Company
This investment will mark QFB’s 11th investment in the United States. It presents a strong entry for the bank into the Tech space in Silicon Valley as part of its diversification investment strategy.
Qatar First Bank LLC (Public) (“QFB”...
06 Nov 2021
Qatar First Bank completes acquisition of ‘Ten West Corporate Center One’ Class A Office fully leased to ‘Wood Group’ in Houston, Texas, Energy Corridor
Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced the acquisition of Ten West Corporate Center One, a 199,000 square foot Class-A, impeccably-maintained and institutionally-owned office building located in Houston’s Energy...
27 Oct 2021
Qatar First Bank Achieves Net Profit of QAR 62 million for the Nine Months Period Ending 30 September 2021
Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced its strong financial results for the nine months period ending 30 September 2021.
Net profit attributable to shareholders for the nine months period amounted to QAR 62 million...
17 Oct 2021
QFB successfully exits its first US Real Estate Investment, plans to generate more than 9% IRR for investors; 12% in annualized coupon in 2021 alone.
Qatar First Bank announced that it has successfully exited Kennedy Flats, a multifamily residential building in the United States of America, planning to generate more than 9% IRR for its investors since acquisition 3.5 years ago.
Kennedy Flats...
02 Oct 2021
Qatar First Bank was named “Best Corporate and Investment Bank” in Qatar at Asiamoney Best Bank Awards 2021
QFB is pleased to announce its recognition as the “Best Corporate and Investment Bank” in Qatar at the Asiamoney Middle East’s Best Bank Awards 2021.
This accolade is a testimony to the Bank’s continued success in delivering top-quality...