QFBQ: Opening Price: 1.868 | High: 1.91 | Low: 1.868 | Closing Price: 1.892 | Volume: 1,361,281 | 0.793 % NEWS: Qatar First Bank posts QAR 42 million net profit in first half of 2022

Qatar First Bank posts QAR 42 million net profit in first half of 2022

Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced its financial results for the six months’ period ending 30th June 2022, reporting a net profit attributable to shareholders of QAR 42 million, which is a growth of 2.6% from the QAR 40.9 million reported in the same period of the last year. The Bank continued […]

Qatar First Bank Holds its Extraordinary General Meeting

Qatar First Bank LLC (Public) (“QFB” or the “Bank”), held its Extraordinary General Meeting (EGM) on Monday, 01 August 2022 and approved all agenda items. The EGM, chaired by QFB’s Vice Chairman Mr. Mohammed Yousef Al Mana, was held virtually via Zoom. In attendance were members of QFB’s board of directors (the “Board”), shareholders, and […]

Qatar First Bank Acquires Gateway Plaza Building in the US

The acquisition is the Bank’s eleventh Shari’a compliant real estate investment in the US, located in Richmond, Virginia and reaffirms its strategic direction to secure viable investments in the US Real Estate Market Qatar First Bank LLC (Public) (QFB) has acquired the Gateway Plaza building in Richmond, Virginia, USA. The new acquisition is a Class […]

Qatar First Bank Successfully Exits Jefferson Square, US Real Estate Investment, and plans to generate more than 8% IRR for investors

Qatar First Bank (QFB), announced the successful exit of Jefferson Square, its first syndicated real estate investment located in the heart of Baltimore, Maryland, USA. QFB acquired Jefferson Square, a class A multifamily residential building, in June 2017 as part of its Shari’a compliant real estate investment program. Jefferson Square marks the second US real […]

QFB’s CEO Honoured at Top CEO Awards 2022

Mr. Abdulrahman Totonji, Chief Executive Officer of Qatar First Bank, emerged among the Top 10 CEOs in GCC Shari’a Compliant Banks’ Award category Mr. Abdulrahman Totonji, Chief Executive Officer of Qatar First Bank LLC (Public) (“QFB” or “Bank”), has been recognized as one of the Top 10 CEOs in GCC in the Shari’a Compliant Banks’ […]

QFB Right issue

Qatar First Bank L.L.C. (Public) (“Bank”) is delighted to announce the successful closure of its rights issue process. The process included 2 weeks of trading rights (from March 16 2022 to March 29 2022) and a 2 week subscription period (from April 6 2022 to April 19 2022). The total subscriptions received amounted to QAR […]

Qatar First Bank achieves QAR 21 million net profit in Q1 2022

Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced its positive financial results for the three months’ period ending 31 March 2022, reporting net profit attributable to shareholders of QAR 21 million, up 2.3% from the QAR 20.6 million reported in the same period of the previous year. The first quarter of 2022 witnessed a […]

Qatar First Bank Holds its Annual and Extraordinary General Meeting

Sheikh Faisal bin Thani Al Thani: “The positive outlook of the financial year 2021 reflects our solid business strategy” Qatar First Bank LLC (Public) (“QFB” or the “Bank”), held its Annual and Extraordinary General Meeting on Wednesday 23 March 2022 and approved all items listed on its agenda. The Annual and Extraordinary General Meeting, was […]