Post Type Archives: News

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 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 […]

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 LLC (Public) (QFB) announced that it will finance a Qatari consortium of investors that aims to participate in the acquisition of a 10.8% stake in Ennismore, one of the world’s largest and fastest growing lifestyle hospitality company majority owned by international hospitality conglomerate group, Accor and with the remaining shares held by […]

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 […]

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’ […]

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 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 […]

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 […]

QFB’s capital raise will contribute to stable growth ratios, and offer shareholders the opportunity to subscribe for new shares through a rights issue Qatar First Bank (QFB), announced that it has received the regulatory go-ahead to proceed with its ‘Rights Issue,’ as approved by the shareholders at the bank’s recent concluded Extraordinary General Meeting (EGM). […]