Lesha Bank LLC (Public) (the “Lesha Bank” or the “Bank”) announces the purchase of minority stake in Starlink W.L.L (“the company”) a leading provider of ICT, managed services and retailer of technology products as part of its private equity strategy to expand its footprint in Qatar. Lesha Bank purchased 27.5% stake in Starlink, marking its… Continue reading Lesha Bank Purchases Minority Stake in Starlink Qatar
Categories: Private Equity and Corporate Banking
Qatar First Bank to Finance Qatari Consortium of Investors for the Acquisition of 10.8% Stake in Ennismore Group
Qatar First Bank LLC (Public) (QFB) announced that it will finance a Qatari consortium of investors that aims to participate in the acquisition of a 10.8% stake in Ennismore, one of the world’s largest and fastest growing lifestyle hospitality company majority owned by international hospitality conglomerate group, Accor and with the remaining shares held by… Continue reading Qatar First Bank to Finance Qatari Consortium of Investors for the Acquisition of 10.8% Stake in Ennismore Group
Qatar First Bank Participates as a Private Investor in a Silicon Valley AI Technology Company
This investment will mark QFB’s 11th investment in the United States. It presents a strong entry for the bank into the Tech space in Silicon Valley as part of its diversification investment strategy. Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced the completion of an agreement to invest in SoundHound Inc., a US late-stage… Continue reading Qatar First Bank Participates as a Private Investor in a Silicon Valley AI Technology Company
Qatar First Bank successfully completes two equity investments exits
In line with its strategy to further strengthen its liquidity provision, the Bank has successfully exited its equity investments in Al Rifai International Holding (ARIH) and Food Services Company (FSC) Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the Qatar Financial Center Regulatory Authority (QFCRA), and a listed entity on the… Continue reading Qatar First Bank successfully completes two equity investments exits
Qatar First Bank Announces Successful Exit of CMRC Limited
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
Qatar First Bank successfully exits second sharia-compliant aviation deal
Structured aviation note recorded cash distributions 9% annually paid on quarter-yearly basis and a total IRR of 12% Ayman Zaidan: The bank will continue to build on this success through offering innovative financial solutions to its clients Qatar First Bank, the first independent Sharia-compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed… Continue reading Qatar First Bank successfully exits second sharia-compliant aviation deal
Qatar First Bank announces that one of its subsidiaries has signed a conditional sale contract to sell its full stake at English home company
One of the Bank’s subsidiaries has signed a conditional sale agreement to sell its full stake of 40% in EHM MAGAZACILIK SAN. VE TİC. A.Ş (“English Home”) which is incorporated in Turkey to a company wholly owned by the Aydin Family. Subject to the fulfillment of all conditions and the receipt of all approvals and… Continue reading Qatar First Bank announces that one of its subsidiaries has signed a conditional sale contract to sell its full stake at English home company