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The Board of Directors of QFB LLC (Public) announced today the appointment of Mr. Khaled Abdullah Al Khoori, as the new Acting CEO pending regulatory approvals. The Board of Directors of QFB has approved the resignation of Chief Executive Officer Mr. Ziad Makkawi during his last meeting, and thanked him for his efforts during the… Continue reading QFB announces the resignation of Ziad Makkawi as its Chief Executive Officer, The board of directors also announces the appointment of Khaled Al Khoori as new Acting CEO

Qatar First Bank L.L.C. (Public) “QFB” held its Annual General Meeting (AGM) yesterday to discuss the bank’s results and future outlook after releasing financials for the year ended 31 December 2016 and announcing the launch of the second phase of the cost rationalisation plan. QFB’s Board of Directors, chaired by QFB chairman Abdulla Bin Fahad… Continue reading Qatar First Bank held AGM

Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), is pleased to announce that it has won the coveted “Best Private Bank in Qatar” title for 2016, from ‘EMEA Finance’, the leading finance magazine in Europe, Middle East and Africa regions. Representing… Continue reading Best Private Bank – EMEA Finance Awards

Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has sold a partial stake in one of the most successful leading healthcare platforms in Abu Dhabi, Dubai, Sharjah and Kuwait. Commenting on the transaction, QFB’s CEO, Ziad Makkawi, said: “QFB’s successful realization… Continue reading QFB sells a partial stake in a leading healthcare service provider based in the UAE

The Peninsula/ Reuters Qatar’s index dropped 0.7 percent to finish at 9,679.92 yesterday as Vodafone Qatar, the most heavily traded stock, slid 4.1 percent to QR9.74 after MSCI downgraded the stock to its small cap index. Qatar First Bank surged to its 10 percent daily limit in heavy trade after MSCI added it to its… Continue reading Qatar First Bank: shares jump to 10% limit after MSCI index entry

Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), attended the invitation-only 9thInvestment Advisory Council Meeting, which took place in Istanbul, Turkey. The meeting; attended by QFB’s CEO, Ziad Makkawi, was chaired by Turkey’s Prime Minister, H.E. Binali Yildirim, and attended by… Continue reading QFB joins Turkey’s 9th Investment Advisory Council Meeting

Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), along with leading financial authority figures from Qatar, GCC and international banks, has participated at the annual meetings of each of the International Monetary Fund (IMF) and the Institute of International Finance (IIF),… Continue reading QFB participates in the IMF meetings and receives the ‘Best Up-and-Coming Islamic Financial Institution 2016’ award

Ongoing growing market demand for structured investment products Annual cash return of 9% to be paid to clients on quarterly basis. The full amount of the equity underwritten by QFB has been sold to investors Makkawi: “Deploying capital alongside our clients, while enabling them to benefit from recurring and sustained income streams” Qatar First Bank… Continue reading Strong Investment Demand for QFB’s Shari’ah Compliant ‘Ijarah Aviation Structured Note’