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Friday, 24 May 2013

QFIB brings “Wasita” brand to Qatar

QFIB brings “Wasita” brand to Qatar
In line with its commitment to sector diversification, Qatar First Investment Bank (QFIB), the first independent Sharia’h compliant investment bank authorized by the QFCRegulatory Authority (QFCRA), announced the launch of “Wasita” in Qatar. Following the acquisition of85% stake in the Abu Dhabi based support services management firm, Al Wasita Emirates for Services &...

QFIB hosted a reception for key shareholders and businessmen in Saudi Arabia

QFIB hosted a reception for key shareholders and businessmen in Saudi Arabia
Chaired by Chairman Abdulla Fahad Ghorab Al Marri, Qatar First Investment Bank (QFIB), Qatar’s first independent Shari’ah compliant bank regulated by Qatar Financial Centre Regulatory Authority, held its board meeting in Dammam, the largest city in the Eastern Province of the Kingdom of Saudi Arabia (KSA) on 3rd March 2013. Since its launch in 2009, QFIB has scheduled board...

QFIB celebrates Qatar National Sports Day

QFIB celebrates Qatar National Sports Day
In the run up to the 2nd Qatar National Sports Day on Tuesday 12 February 2013, Qatar First Investment Bank (QFIB), Qatar’s first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority, organized a month-long corporate wellness program for its employees. The month-long Corporate Wellness program was launched to encourage employees to embrace a healthy and...

QFIB acquires a majority stake in Al Wasita Emirates for Services & Catering

QFIB acquires a majority stake in Al Wasita Emirates for Services & Catering
Qatar First Investment Bank (“QFIB”), Qatar’s independent Islamic investment bank authorized by the QFC regulatory Authority, announced the acquisition of a majority stake in Al Wasita Emirates for Services & Catering (“WES”), the UAE based total support services management firm. The acquisition, in the form of a management buyout,marks QFIB’s third deal in the...

QFIB and SPPC announce the successful closing of ENPI

QFIB and SPPC announce the successful closing of ENPI
Qatar First Investment Bank (QFIB), Qatar’s first independent Shari’ah compliant investment bank authorized by the QFC Regulatory Authority (QFCRA) and Saudi Printing & Packaging Co. (SPPC) announced the successful completion of the Emirates National Factory of Plastic Industries (ENPI Group) deal. QFIB’s 71.3% stake, a majority share in ENPI, was sold to SPPC, a publically...

QFIB expands interests in Turkey

QFIB expands interests in Turkey
Qatar First Investment Bank (QFIB), Qatar’s first independent Shari’ah compliant bank authorized by the QFC regulatory authority, announced the acquisition of a 40% stake in English Home, the leading retailer of home textile products in Turkey. The acquisition marks QFIB’s first venture into the retail sector and the second in the Turkish market, which further demonstrates...

QFIB CEO to examine the role of finance in Qatar’s Vision 2030

QFIB CEO to examine the role of finance in Qatar’s Vision 2030
Qatar First Investment Bank (QFIB), Qatar’s first independent Shari’ah compliant investment bank authorized by the QFC Regulatory Authority, is the associate sponsor of  the inaugural Euromoney Qatar Conference, that will be held in Doha at the Ritz-Carlton on 11-12 December 2012 under the theme ‘Global Finance: Re-Designed’. In partnership with the Central Bank of Qatar,...

QFIB sponsors the ‘Educational Futures: Innovation & Aspirations’ conference

QFIB sponsors the ‘Educational Futures: Innovation & Aspirations’ conference
As part of its commitment to support the development of the educational sector in Qatar, Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank authorized by the QFC Regulatory Authority, sponsors the ‘Educational Futures: Innovation & Aspirations’ conference organized by the Alliance for International Education and hosted by the International School...

QFIB partners with MEED Qatar Banking Summit

QFIB partners with MEED Qatar Banking Summit
Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank authorized by the QFC Regulatory Authority has announced its support as the Strategic Investment Banking partner of the MEED Qatar Banking Summit 2012. This is the first edition of this prestigious event which will be held in Doha on the 8th and 9th October, 2012. The summit, supported by Qatar Central...

QFIB acquires prime properties in Central London

QFIB acquires prime properties in Central London
Qatar First Investment Bank (QFIB), Qatar’s first independent Shari’ah compliant investment bank authorized by the QFC Regulatory Authority, announces the acquisition of two properties in prime locations in Central London – The Leinster Inn Hotel at Leinster Square, and Westbourne House, Westbourne Grove, London. QFIB has acquired these prime properties in association with a...

QFIB raises equity stake in Al Rifai to 35%

QFIB raises equity stake in Al Rifai to 35%
Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank authorized by QFC Regulatory Authority, has increased its equity stake in Al Rifai International Holding (Al Rifai) to 35%. Al Rifai is the leading manufacturer of nuts and kernels, light snacks and delicacy in the Middle East with operations in Europe. Emad Mansour, Chief Executive Officer of QFIB...

QFIB hosts iftar for Qatar Orphan Foundation

QFIB hosts iftar for Qatar Orphan Foundation
As part of Qatar First Investment Bank’s (QFIB) annual Ramadan Blessings Campaign the Bank recently hosted a special iftar in celebration of the Garangaou for the children of Qatar Orphan Foundation (Dhreima). “As an Islamic institution we place great emphasis on the Islamic precepts. Islam has set the tone on the importance of engaging the less fortunate in the community...