Arab Today, arab today qinvest revenue up 40 in 2013
Last Updated : GMT 09:00:05
Arab Today, arab today
Arab Today, arab today

QInvest revenue up 40% in 2013

Arab Today, arab today

Arab Today, arab today QInvest revenue up 40% in 2013

Doha - QNA

QInvest Tuesday announced 40% increase in its revenue, a reduction in costs of nearly 30%, and an increase of US$ 60 Million in net profit in 2013. Announcing the financial results, the investment bank and Qatar’s key Islamic financial institution, today said, “The balance sheet risk was significantly reduced with collection of outstanding receivables and reduction of foreign currency exposure.” Commenting on the results, QInvest Chairman HE Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, “The results show our new strategy has successfully positioned QInvest to support Qatar and the wider region’s international investment plans as well as to act as the gateway for investors looking to access the region’s fast growing dynamic economy.” QInvest CEO Tamim Hamad Al Kawari said, “Despite ongoing challenges in global markets throughout the year, we delivered strong results after re-positioning the business to focus on the most lucrative areas. “We successfully captured new and important mandates, and strengthened ties with existing clients. Our revised capital deployment has effectively sourced and executed, both compelling and secured investment opportunities, that we are confident will perform well in the years to come.” In 2013 the investment bank closed some of the largest transactions globally like the Government of Turkey and Ooredoo sukuk issues. QInvest advised on US$ 3.5 Billion of sukuk transactions in 2013, representing 20% of global sukuk issued in US dollars. The banks asset management team reported its best year to date with returns of up to 30% net of fees coming from a range of Sharia’a investments funds focused on developed markets. The bank attributed its good performance to its restructuring in 2013, increased co-operation with its largest shareholder, Qatar Islamic Bank (QIB) and its subsidiaries.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qinvest revenue up 40 in 2013 Arab Today, arab today qinvest revenue up 40 in 2013

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday