Qatar- QFB expects QE listing in April

2016-03-28 01:22:51

(MENAFN- The Peninsula) By Satish Kanady

DOHA: Qatar First Bank (QFB) has said it is expecting regulatory approval for the listing of its shares on Qatar Exchange (QE) towards the end of next month.

QFB Chairman Abdulla bin Fahad bin Ghorab Al Marri said yesterday: “QFB is expecting the listing towards the end of April”.

QFB is a boutique investment bank that offers financial advisory services. The firm provides corporate finance private equity mergers and acquisition recapitalisation and restructuring advisory services. It caters to real estate basic materials oil and gas healthcare and education sectors.

QFB is expected to make a detailed disclosure on its listing at the bank’s annual general meeting scheduled to be held at La Cigale Hotel today.

QFB previously known as Qatar First Investment Bank is the first independent Shari’ah compliant financial institution based in Qatar and regulated by the Qatar Financial Centre Regulatory Authority (QFCRA). It has a diversified shareholder base of prominent GCC businessmen and women family offices pension funds and institutions.

The Peninsula

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