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QFB announced its successful exit from CMRC Limited, one of its private equity investments in the Middle East.
Registration Process for shareholders and proxies
In compliance with the guideline’s issues by Ministry of Health in order to limit the spread of corona virus pandemic, the Annual General Meeting and Extraordinary General Meeting of QFB will be held virtually using Zoom application.
Qatar First Bank (QFB) has released its financial results for the fourth quarter and year ended 31 December 2020.
• Full year net loss reduced by 24%
• QAR 1.2 million net profit recorded in Q4 attributable to equity holders of the bank
• Total expenses reduced by 6.9%
• Product related income and other income increased by 58% & 17% respectively
Qatar First Bank (QFB) has completed the acquisition of Waterway Plaza I, a class A+ office tower spanning more than 223,0000 square foot located in suburban Houston, Texas, USA
Qatar First Bank announced the completion of QAR 262.5 million acquisition of the retail hypermarket building in Messila thereby cementing the Bank’s presence within the local real estate market.
QFB today announced it has acquired The Grand 2 at Papago Park Center, a 358,800 square foot newly completed state-of-the-art Class A office building that is 100% leased to DoorDash under a 15-year triple net lease (NNN), located in Tempe, Arizona - United States, part of the metro Phoenix market.