Saturday 23 November 2024
 
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Qatar First Investment Bank

QFIB to invest $150m in Kuwait Energy

Qatar First Investment Bank (QFIB) said it will invest $150 million in Kuwait Energy Company to support the firm's expansion. The deal is structured in the form of a convertible murabaha which will be used to boost Kuwait Ener

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Qatar bank acquires two London properties

  Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square and Westbourne House, Westbourne Grove, the company said in a statement.  

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Credit Suisse advising QFIB on Doha listing

Swiss lender Credit Suisse is advising Qatar First Investment Bank (QFIB), a private equity firm, on a listing of all of its shares on the Doha bourse, two bankers with knowledge of the deal told Reuters on Sunday.     

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QFIB sells Qcon stake for $77 million

Qatar First Investment Bank (QFIB) has sold its 41 per cent stake in Qatar Engineering and Construction Company (Qcon) for $77 million, QFIB's chief executive officer said on Wednesday.      "We just exited the de

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Gold edges up after Greek deal gives boost

Gold rose for a second day on Tuesday, taking its cue from a brief rally in the euro after euro zone finance ministers struck a deal with Greece on its emergency funding, while silver shrugged off data that showed a steep drop in Chinese imports.

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Qatari bank sees no JV approval by year-end

Qatar First Investment Bank (QFIB) does not expect approval for its joint venture with GulfMena Alternative Investments before the end of the year, its chief executive said. QFIB, an Islamic investment firm, and GulfMena Alternative Invest

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QFIB eyes regional deals; Noor IPO seen 2012

Qatar First Investment Bank (QFIB) is eyeing at least five regional equity deals each valued at between $15 million to $60 million and expects to close two to three of those acquisitions this year, its chief executive said. The investment

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QFIB, Gulfmena form new asset management firm

Qatar First Investment Bank (QFIB) and Gulfmena Investments have launched Tebyan Asset Management Limited, a new Shari’ah compliant asset management company. After an initial and temporary offshore establishment, the new company will seek

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Qatar bank eyes more PE deals in Turkey

Qatar First Investment Bank's (QFIB) private equity arm hopes to close a second deal in Turkey and is working on two other transactions in its home market, deputy chief executive Emad Mansour said on Monday. Privately owned QFIB announ

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Qatar bank buys into Turkish healthcare group

Qatar First Investment Bank (QFIB), a Shari'ah compliant investment bank, has acquired a 40 per cent minority stake in Memorial Health Group (MHG), one of the leading healthcare providers in Turkey. The acquisition was made along with

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