QInvest, Qatar's leading private investment group and one of the world’s prominent Islamic financial institutions, today announced its results for the first half of 2016. Revenues increased to US$65.7 million
Press Release
QInvest, Qatar's leading private investment group and one of the world’s prominent Islamic financial institutions, today announces a strong start to the year, with an increase of 36% revenues for the first quarter to QAR 102 million (US$ 28 million) and net profit up 34% to QAR 37 million (US$ 10 million).
QInvest L.L.C., “QInvest”, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, announces today the acquisition of ERGO Portfoy, one of the largest and fastest growing asset management companies in Turkey. Following the completion of this acquisition, QInvest Asset Management will have assets under management close to US$ 1 billion.
QInvest, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, is pleased to announce its support of the second Annual Autism Outreach and Training Symposium, organized by Child Development Center (CDC) in Qatar.
QInvest, Qatar's leading private investment group and one of the world’s most prominent Islamic financial institutions, announced, at its Annual General Meeting, that shareholder dividends have doubled after a record year of growth. The Bank demonstrated consistent performance throughout 2015 and recorded its highest revenue since its inception of QAR 393 million (US$ 108 million), up 32 percent, and net profit of QAR 154 million (US$ 42 million) up 76 percent.
QInvest, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, has provided a 5 year US$ 30 million murabaha mezzanine finance facility for Crescent Capital to fund its acquisition of a 100% stake in Akocak HPP, an operational 81 MW hydro-electric power plant in Turkey.
QInvest, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, today announces another year of robust growth recording its highest revenue since inception of QAR 393 million (US$ 108 million) and net profit of QAR 154 million (US$ 42 million). QInvest generated consistent performance throughout 2015 despite challenging global economic conditions and regional volatility, culminating in an increase in both revenues and net profit of 32% and 76% respectively. The bank recommends doubling the dividend to shareholders for financial year 2015.
• Memorandum of Understanding offers places in the QInvest QTALENT internship program to CMU-Q students and new graduates
• QInvest professionals will make use of the executive education programs, research and strategic studies at CMU-Q
On 24 November, Luxembourg for Finance, in partnership with QInvest, a leading global Islamic financing institution, hosted its first Islamic Finance Workshop in Luxembourg bringing together more than 110 local and international investment fund professionals, bankers, corporates, law firms and industry practitioners.
QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial institutions globally, announces that it has been selected as ‘Sukuk Manager of the Year’ by Global Investor/ISF.
Tom Theobald, Hani Ibrahim, Dr Ataf Ahmed and Alexander Armstrong
Luxembourg for Finance and QInvest are hosting an Islamic Finance Workshop on Tuesday 24th November 2015. Luxembourg for Finance is the agency for the development of the Luxembourg financial centre. QInvest is Qatar’s leading investment group and one of the most prominent Islamic finance institutions globally.
Pramerica Real Estate Investors and QInvest, Qatar’s leading investment bank, acquired a portfolio of 16 retail properties located across Germany through a newly formed joint venture, the companies announced today. Pramerica Real Estate Investors, headquartered in the United States, is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU), and operates as Prudential Real Estate Investors in the Americas, Korea and Japan.
• Revenues up 37% to US$ 78.7 million [QAR 286.5 million], compared to US$ 57.5 million [QAR 209.2 million] in the third quarter of 2014
• Net profit increased 69% to US$ 33.8 million [QAR 123.1 million], compared to US$ 20.0 million [QAR 72.7 million] in the third quarter of 2014
QInvest, Qatar's leading investment group and one of the most prominent Islamic financial institutions in the world, is pleased to announce the completion of its debut US$ 200 million five year syndicated facility.
The facility is in line with the bank’s funding diversification and capital efficiency plan and was arranged by QInvest’s key regional and international relationship banks, namely Masraf Al Rayan, Al Khaliji France S.A. and Natixis.
QInvest, Qatar's leading investment group and one of the most prominent Islamic financial institutions in the world, is delighted to announce that it was named the “Most Innovative Investment Bank from the Middle East” at The Banker magazine’s Investment Banking Awards 2015.
Tamim Hamad Al-Kawari, QInvest’s Chief Executive Officer, collected the award on behalf of QInvest at the awards ceremony, which was held at Claridge’s Hotel in London.