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Amidst tough market conditions, QFIB strikes outstanding performance at this year’s Islamic Business & Finance Awards organized by CPI Financial. QFIB won the accolade of “Best Investment Bank in the GCC for 2011” amongst 11 regional players in this category.
Joined by local and regional experts and speakers, Shadi Zubeidi, Managing Director and Head of Corporate Finance at Qatar First Investment Bank (QFIB), will address the impact of activities from a corporate finance perspective on the Arab region at the upcoming M&A, Corporate Finance & Advisory MENA conference.
QFIB, Qatar’s independent shari’ah compliant investment bank, announced that its Board of Directors has decided to increase the basic salaries and social allowance of its Qatari employees by 60%. This decision comes in line with the Emiri Decree to increase the salaries of government employees which was announced last September.
QFIB was awarded the prestigious BFSI Deployment of the Year Award by Computer News ME’s (CNME). QFIB, amongst 13 other financial institutions shortlisted for The ICT Achievement Awards 2011, was honoured for taking a major step
Qatar First Investment Bank (QFIB) today announced its high-level participation in the 5th annual Super Return Middle East Conference 2011, which will be held on the 17th - 19th of October at the Ritz-Carlton, Dubai International Financial Centre Dubai, UAE.
Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank, today announced its sponsorship of and high-level participation in the MENA Private Equity Business Summit 2011, which will be held on the 11th - 13th of September at the Al Murooj Rotana Dubai, UAE.
QFIB yesterday commenced its ‘Ramadan Blessings Campaign’ by hosting its third annual iftar for the children of the Dhreima Qatar Orphan Foundation at Katara. The iftar is the first of several community-based activities in which QFIB management and staff will take part in to promote solidarity and brotherhood during the Holy month of Ramadan.
QFIB has kicked off its annual Ramadan Blessings campaign by announcing the sponsorship of Reach Out To Asia Ramadan 2011 Project. QFIB and ROTA will jointly organize several community-based activities during the Holy month of Ramadan in order to promote solidarity and brotherhood. In addition to providing financial support, the Bank will pledge the time of its employees who will actively volunteer in ROTA’s projects.
QFIB announced the acquisition of a US$16 million stake in Kuwait Energy Company, a leading Middle Eastern independent oil and gas exploration and production company headquartered in Kuwait. The stake was acquired from an existing shareholder and marks QFIB’s second investment in the oil and gas sector.
Qatar First Investment Bank (QFIB), the leading independent Islamic investment bank, will support the forthcoming annual International Arab Banking Summit hosted by the Union of Arab Banks as a Platinum sponsor.
QFIB and Gulfmena Investments Limited (‘Gulfmena’) announced today the launch of TEBYAN Asset Management Limited (‘TEBYAN’), a new fully integrated, Shari’ah compliant asset management company offering an unrivalled range of Islamic investment products and services.
The Islamic Contemporary Financial Transactions training course concluded its last session today. The training course was organized by the Faculty of Islamic Studies in Qatar (QFIS), a member of Qatar Foundation for Education, Science & Community Development, in collaboration with the International Union for Muslim Scholars (IUMS). Qatar First Investment Bank (QFIB), was the official sponsor of this training course.
Qatar First Investment Bank (QFIB) announced that its Annual General Meeting has approved the Bank’s audited financial results for 2010, QFIB’s second full year of operation. QFIB achieved a number of milestones that cement the Bank’s reputation as a solid and forward-thinking institution.
Qatar First Investment Bank (QFIB) announced its sponsorship for “Al Joud Exhibition”, which is organized by Qatar Islamic Cultural Centre (Fanar) for the art of Arabic Calligraphy by the world-renowned calligrapher Sabah Arbili. The exhibition will take place at KATARA during the period from 21 – 25 April, 2011.
QFIB today announced it will sponsor the 7th Annual Private Equity International (PEI) Middle East Forum 2011, opening April 11th at the Emirates Towers Hotel in Dubai, UAE. A delegation of senior members of QFIB’s investment team will attend the many panel discussions and plenary sessions at this year’s Forum.
QFIB today welcomed at its headquarters female students from Ruqaya Preparatory Independent School for the conclusion of the specially-designed Personal Economics course, an INJAZ initiative that is designed to prepare students for professional life. The visit is in line with QFIB’s support of INJAZ Qatar and commitment to the education and development of Qatari youth.
QFIB today provided an in-depth economic snapshot of Qatar’s investment landscape to an influential group of Saudi businessmen at a reception hosted by Mafaz International, a shareholder of QFIB and one of the leading organizations in the Kingdom of Saudi Arabia.
QFIB announces that its portfolio company Emirates National Factory For Plastic Industries L.L.C. (“ENPI”), the UAE’s leading manufacturer of plastic packaging solutions, paper products and technologically advanced plastic cards has signed a new five-year, AED 250 million syndicated Islamic facility, arranged by Abu Dhabi Islamic Bank (“ADIB”).
QFIB, the only un-affiliated fully Shari’ah compliant Investment bank licensed by the Qatar Financial Centre Authority, today announced that it has received ISO 27001 international certification. QFIB is the first investment bank in Qatar to receive such an accreditation for its IT Department and Data Center.
QFIB was recognized for its ongoing commitment to corporate governance by Dr. Nasser H. Saidi, Chief Economist at the Dubai International Finance Centre and Executive Director of the Hawkamah Institute for Corporate Governance.