The Bank has successfully exited the regional private equity investment for USD $ 31.5 million. QFB plans to continue identifying new regional and global investment opportunities in line with its investment diversification strategy. Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on… Continue reading Qatar First Bank Announces Successful Exit of CMRC Limited
Archives: News
QFB Annual General Meeting Assembly and Extraordinary General Meeting Assembly
Registration Process for shareholders and proxies In compliance with the guideline’s issues by Ministry of Health in order to limit the spread of corona virus pandemic, the Annual General Meeting and Extraordinary General Meeting of QFB will be held virtually using Zoom application. Extraordinary general meeting 05th April 2021 4.30pm Annual general meeting 05th April 2021 5.00pm… Continue reading QFB Annual General Meeting Assembly and Extraordinary General Meeting Assembly
Qatar First Bank Achieves Net Profit attributable to equity holders of the bank of QAR 100.37 million for the Year Ended 31st December 2021
With a solid strategic direction under the new leadership, Qatar First Bank registers the highest ever Net Profit in the previous 6 years Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced its financial results for the year ending 31 December 2021, recording the Bank’s highest ever net profit attributable to equity holders of the… Continue reading Qatar First Bank Achieves Net Profit attributable to equity holders of the bank of QAR 100.37 million for the Year Ended 31st December 2021
Qatar First Bank acquires The HQ of “Huntsman International” located in Texas
Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity in the Qatar Stock Exchange, has completed the acquisition of Waterway Plaza I, a class A+ office tower spanning more than 223,0000 square foot located in suburban Houston, Texas, USA. Waterway Plaza I marks… Continue reading Qatar First Bank acquires The HQ of “Huntsman International” located in Texas
Qatar First Bank acquires LULU Messila hypermarket building with its intention to establish a strong local presence in the Qatari Market
Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on Qatar Stock Exchange (QSE: QFBQ), announced the completion of QAR 262.5 million acquisition of the retail hypermarket building in Messila thereby cementing the Bank’s presence within the local real estate market. The property… Continue reading Qatar First Bank acquires LULU Messila hypermarket building with its intention to establish a strong local presence in the Qatari Market
Qatar First Bank Announces Acquisition of The Grand 2 at Papago Park Center – A Class A Office Building Fully Leased by DoorDash Inc.
Qatar First Bank LLC (QSE: QFBQ) today announced it has acquired The Grand 2 at Papago Park Center, a 358,800 square foot newly completed state-of-the-art Class A office building that is 100% leased to DoorDash under a 15-year triple net lease (NNN), located in Tempe, Arizona – United States, part of the metro Phoenix market.… Continue reading Qatar First Bank Announces Acquisition of The Grand 2 at Papago Park Center – A Class A Office Building Fully Leased by DoorDash Inc.
QFB announces third quarter financial results
Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has released its financial results for the nine-month period ended 30th September 2018 recording a net loss of QAR 425.5 million. Mr. Ayman Zaidan, Head of Treasury and Investment Management, said: After a challenging… Continue reading QFB announces third quarter financial results
Qatar First Bank acquires BSN Sports’ HQ Building “Varsity Brands” located in Texas
Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity in the Qatar Stock Exchange, has completed a USD$41million acquisition of Varsity Brands, a three story, 135,0000 square foot building in Texas, USA, adding another income-generating real estate asset to its portfolio of investments.… Continue reading Qatar First Bank acquires BSN Sports’ HQ Building “Varsity Brands” located in Texas
QFB announces half-year 2020 financial results
• Efficient risk management framework and cautious liquidity measures aided QFB to successfully upheld macro-economic challenges • QFB applauds the strength and security that Qatari economy provided to the banking sector Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity in the Qatar… Continue reading QFB announces half-year 2020 financial results
QFB Board of Directors appoints Mr. Abdulrahman Totonji as ACEO
Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA), announced today the appointment of a new Acting CEO (ACEO). Mr. Abdulrahman Totonji is a distinguished talent in business, economics, and investments. He has extensive experience in managing local and international real estate investments, which enables him to… Continue reading QFB Board of Directors appoints Mr. Abdulrahman Totonji as ACEO
