At QFB, we understand the importance of providing relevant and current information to the media and general public. We pride ourselves on delivering accurate and timely reports and news stories. For further details, or to speak to a spokesperson at QFB, please send an email to: [email protected]
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.