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Sunday, 19 May 2013

TFI GCC equity opportunities fund assets under management reach QAR 100 million

TFI GCC equity opportunities fund assets under management reach QAR 100 million
Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, recently launched its first equity fund: “The First Investor GCC Equity Opportunities Fund (Q)”. The Fund manager is The First Investor, (TFI), the investment division of Barwa Bank Group. At the end of April 2013, the assets under management of the fund reached QAR 100 million for the...

Two matches scheduled in Ministries Football League

Two matches scheduled in Ministries Football League
The competitions of the 2013 Ministries Football League organized by the Qatar Olympic Committee (QOC) will be continued at Al-Arabi Stadium on Sunday. Al-Andalus will take on Qatar Petroleum while Barwa Bank will clash against Armed Forces (B). Earlier on Thursday, Armed Forces (A) and Hamad Medical Corporation defeated Qatar Museums Authority and Qatar Steel respectively to edge...

TFI awarded “Best Investment Fund” by Banker Middle East Product Awards 2013

TFI awarded “Best Investment Fund” by Banker Middle East Product Awards 2013
The First Investor (TFI), the investment banking subsidiary of Barwa Bank Group has won the award for “Best Investment Fund”, one of the highly-regarded “Banker Middle East” Product Awards 2013: a special hand-over ceremony was held at Barwa Bank Group headquarters on Monday 22nd April. TFI received the accolade from Banker Middle East for its TFI GCC Equity Opportunities Fund,...

Barwa Bank wins two awards at Banker Middle East Product Awards 2013

Barwa Bank wins two awards at Banker Middle East Product Awards 2013
Barwa Bank Group, Qatar’s fastest growing Shari’ah compliant banking service provider, has been named the winner of Banker Middle East Product Awards 2013, for both Best Branch Design and Best Premium Islamic Card for a Platinum Credit Card. Barwa Bank received the awards from CPI Financial on Monday 22nd April at the Barwa Bank Headquarters. Attending from Barwa Bank were Mr....

Barwa Bank is gold sponsor of the ICC WCF 8th World Chambers Congress

Barwa Bank is gold sponsor of the ICC WCF 8th World Chambers Congress
Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, is the proud Gold Sponsor of the ICC WCF 8th World Chambers Congress which is being held from 22-25 April 2013, at the Qatar National Convention Center (QNCC), Doha. The three-day biennial congress, hosted for the first time in the Middle East, is organised by Qatar Chamber together with...

Barwa Bank was Official Banking Partner for the Arab Future Cities Summit 2013

Barwa Bank was Official Banking Partner for the Arab Future Cities Summit 2013
Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, was the Official Banking Partner for the Arab Future Cities Summit 2013, “Smart Solutions for Sustainable Cities” which was held on 22nd – 23rd April, 2013 at St. Regis, Doha. The bank was proud to support the second annual Arab Future Cities Summit, following the huge success of the...

Barwa Bank first quarter 2013 profits at QAR 156mn, 53% up on first quarter 2012

Barwa Bank first quarter 2013 profits at QAR 156mn, 53% up on first quarter 2012
Barwa Bank has announced its financial results for the period ended March 31, 2013, results that demonstrate strong continuing growth. Continuing growth momentum / trajectory Total assets increased by 12.8% to QAR28.5 bn (QAR 25.3bn as at 31st December 2012), a growth in the customer financing portfolio to QAR 16bn vs QAR 15.3 bn as at the of 2012. Sharp increases in revenues and...

Barwa Bank Group announces new Board of Directors

Barwa Bank Group announces new Board of Directors
Following the AGM meeting held on April 14, Barwa Bank Group is pleased to announce the election of its new Board of Directors (for the term 2013-2015). The nine strong Board will be chaired by H.E. Sheikh Mohammed Bin Hamad Bin Jassim Al-Thani, and consists of the following members: Chairman and Managing Director:     H.E. Sheikh Mohammed Bin Hamad Bin Jassim Al-Thani Vice...

Hundreds expected to attend smart city event in Doha next week

Hundreds expected to attend smart city event in Doha next week
The Middle East’s most anticipated smart city event taking place at the St. Regis Doha (pictured) on 22-23 April has attracted high-profile city leaders, urban planners, developers, sustainability experts and investors, along with the world’s largest technology firms eager to tap into the region’s dynamic smart city market. According to JoAnn Jain, Director at...

Barwa Bank Annual General Assembly

Barwa Bank Annual General Assembly
Barwa Bank Group held its Annual General Meeting (AGM) on the 14th April at which  the financial results for  2012 were approved and a new Board of Directors was elected. The Chairman, H.E. Sheikh Mohamad Bin Hamad Bin Jassim Al Thani, gave a detailed report on the bank’s activities and highlighted the financial results achieved by the bank in 2012. The Group recorded strong...

Barwa Bank is Pearl Sponsor of the Qatar Career Fair 2013

Barwa Bank is Pearl Sponsor of the Qatar Career Fair 2013
Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, is the proud Pearl Sponsor of the Qatar Career Fair (QFC 2013), as part of its continuing commitment to Qatarisation. The Fair, which runs from the 1 – 6 April 2013 at the Qatar National Convention Centre (QNCC), is an important annual event promoting careers and personal development opportunities...

Barwa Bank net income up 41% in 2012

Barwa Bank net income up 41% in 2012
Barwa Bank Group, Qatar’s fastest growing Shari’ah compliant banking service provider has announced its financial results for the year ended December 31, 2012. The Group recorded strong growth in both balance sheet and profitability, with Net Income for 2012 up by 41% at QAR345mn compared to QAR 244mn in 2011. Key features of the 2012 financial results Continuing growth momentum...