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 completes acquisition of ‘Ten West Corporate Center One’ Class A Office fully leased to ‘Wood Group’ in Houston, Texas, Energy Corridor

Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced the acquisition of Ten West Corporate Center One, a 199,000 square foot Class-A, impeccably-maintained and institutionally-owned office building located in Houston’s Energy Corridor. The Property is fully leased to Wood Group Mustang, Inc, a subsidiary of the British industrial services firm, John Wood Group plc (LSE: […]

QFB successfully exits its first US Real Estate Investment, plans to generate more than 9% IRR for investors; 12% in annualized coupon in 2021 alone.

Qatar First Bank announced that it has successfully exited Kennedy Flats, a multifamily residential building in the United States of America, planning to generate more than 9% IRR for its investors since acquisition 3.5 years ago. Kennedy Flats is the second property Qatar First Bank (“QFB”) acquired in the USA on behalf of its investors […]

QFB acquires Fourteen555, a 2020 award-winning multi-tenant office building serving as headquarters for Occidental Chemical Corporation in Dallas, Texas

Qatar First Bank (QFB) has announced the acquisition of Fourteen555, a class AA office building located in the desirable Lower Tollway Corridor in Dallas, Texas. Fourteen555 is QFB’s 8th shariah compliant real estate acquisition in the USA and becomes the first multi-tenant office addition to QFB’s now eleven-asset strong portfolio. The recipient of the 2020 […]

Qatar First Bank Holds Extraordinary General Assembly Meeting

QFB held its Extraordinary General Assembly Meeting on Wednesday 22 September 2021. The Extraordinary General Assembly Meeting was held virtually via Zoom, and was chaired by Sheikh Faisal bin Thani Al-Thani, QFB’s Chairman, with the attendance of QFB’s board members, shareholders, and senior management team. The Extraordinary General Assembly Meeting discussed and approved all items on […]

Qatar First Bank successfully completes two equity investments exits

In line with its strategy to further strengthen its liquidity provision, the Bank has successfully exited its equity investments in Al Rifai International Holding (ARIH) and Food Services Company (FSC) Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the Qatar Financial Center Regulatory Authority (QFCRA), and a listed entity on the […]