Press Release

Business as usual as both firms look to separate avenues for value creation going forward

EFG Hermes, the leading investment bank in the Arab world, and QInvest, Qatar’s leading investment bank, announced today that the long-stop date for the satisfaction of the conditions precedent for their joint venture agreement to proceed had been reached without receiving the necessary regulatory approvals from the Egyptian Financial Supervisory Authority (EFSA). As a result of the long stop date being reached, the joint venture agreement will automatically terminate.

Interview with Dr Ataf Ahmed, QInvest’s Head of Global Investment products, By Reuters 

QInvest, Qatar’s leading investment bank, announced the launch of the QInvest Managed Account Platform (QMAP). QMAP is the world’s first open architecture Sharia’a compliant managed account platform and provides investors with the opportunity to select from a range of high quality funds that are managed by top tier professional teams.

QMAP brings the capabilities of some of the best managers in the world to investors, who would like to adhere to the principles of Sharia’a, through an institutional standard infrastructure.

Qatar's leading investment bank, QInvest, announced the appointment of Mr. Nasser Abdullah Al Mahmoud as Director with the Investment Banking team.

Commenting on his appointment, Mr. Tamim Hamad Al-Kawari, QInvest's CEO, said: We would like to take this opportunity to welcome Nasser to our investment banking team. His experience and knowledge will strengthen our capabilities in the investment banking capacity.

QInvest, Qatar’s leading investment bank, announced that it has won the Islamic Finance News “Qatar Deal of the Year” for the State of Qatar US$4 billion Dual Tranche Sukuk as Joint Lead Manager and Bookrunner. This is the largest U.S. dollar-denominated sukuk ever, attracting a massive order book of over US$ 25 billion.

• QInvest acted as sole Financial Advisor and Debt Arranger for the transaction
• The transaction was funded by Aareal Bank and Qatar National Bank 
• The transaction will see Constellation injecting circa US$ 140 million for refurbishment

Constellation appointed QInvest, Qatar’s leading investment bank, as sole financial advisor and debt arranger for the US$ 950 million acquisition of four French assets.

The transaction was funded by Aareal Bank and Qatar National Bank.

Kingdom Holding Company (KHC), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, led a consortium of investors advised by QInvest LLC, Qatar’s leading investment bank, for the acquisition of a strategic stake in 360Buy Jingdong Inc. for the value of SR1.5 Billion. The investment by KHC in this deal was approximately SR470 Million.

• 3-year dual currency Syndicated Murabaha facility in US$ and QAR

• QInvest acting as Sole Bookrunner and Structuring Advisor

• Qatar Islamic Bank as Mandated Lead Arranger

• Ahli United Bank, First Gulf Bank and QInvest as Lead Arrangers

By Annabelle Williams, City Wire 

Panmure Gordon has appointed two new directors following a raft of changes during 2012.

QInvest, Qatar’s leading Investment bank, has sold its stake in Asian Business Exhibitions and Conferences (“ABEC”), India’s leading trade exhibition organizer, to ITE plc, the London-listed global trade exhibition organizer focused on emerging markets.

Commenting on the transaction, Tamim Hamad Al-Kawari, QInvest’s newly appointed CEO, said: “QInvest’s successful realization of its investment in ABEC shows the firm’s capability in private equity and its ability to manage and profitably exit investments in a difficult economic environment”

The Board of Directors of QInvest LLC announced today that Shahzad Shahbaz has resigned as the Company’s Chief Executive Officer, effective immediately. He will remain with the firm for a period of time to facilitate a smooth transition. The Board appointed Tamim Hamad Al-Kawari as the new CEO.

Mr. Al-Kawari previously served as QInvest’s Deputy CEO. Prior to joining QInvest, Tamim was Goldman Sachs Managing Director and Country Head for Qatar.

Leading private equity firm to form joint venture with QInvest and other Qatari investors to bring much-needed natural gas to the Egyptian market starting mid-2013

• 8 year QAR and USD dual currency Islamic syndicated facility to construct the Sidra Village Residential Project.
• QInvest acting as Financial Advisor and Sole Bookrunner, with Qatar Islamic Bank acting as Investment Agent and Mandated Lead Arranger (MLA)
• Arab Banking Corporation (ABC), National Bank of Abu Dhabi and First Gulf Bank participated at MLA level with Ahli United Bank taking a Lead Arranger role

QInvest is ranked number 1 in Loans Bookrunners, number 3 in Mergers & Acquisitions, number 4 in Sukuk MENA Bookrunners league tables, and number 9 in Sukuk International Bookrunners, as published by International Finance Review (IFR)/ Thomson Reuters and Bloomberg.

• 1-year syndicated financing facility for Turkey’s largest industrial enterprise.
• QInvest acting as Sole Bookrunner and Structuring Advisor.
• Syndicate comprised of 9 banks with QInvest, Qatar Islamic Bank Q.S.C., Barwa Bank, The Commercial Bank of Qatar Q.S.C. and First Gulf Bank taking the Mandated Lead Arranger role, Ahli United Bank B.S.C, Al Hilal Bank PJSC, Doha Bank Q.S.C and Dubai Islamic Bank PJSC as Lead Arrangers.