Qatar's QInvest records QR209mn revenue in H1


(MENAFN) QInvest, Qatar's pioneering private investment group has reported revenue of USD57mn from all it"s as of June 30, this year.

The group's operating profit reached USD31mn and net profits at USD9.5mn, while the bank's global assets reached USD1.29bn.

Meanwhile, QInvest's prudent strategic approach, stringent provisioning plan and underleveraged balance sheet have offered stability amid local uncertainties.

Accordingly, the second quarter of this year has been notable for adverse market conditions in the region, QInvest has received profitable performance.

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